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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Nov 25, 1889

Page

6

Money Market Steady as New York and Boston Close Week

The Money Market in Boston and New York ends a week of steady rates with 4% to 7% on time loans and 5% to 6% on collateral loans. Clearing House exchanges total $95,243,701 for the week, while New York city banks report $1,435,200 above legal reserve and an improving surplus.

Boston Cail New York Chicago St. Louis San Francisco Telegraph New Orleans Charleston Savannah New York City Boston Post Ross United States Canada Philadelphia D. L. New Orleans Pittsburg Baltimore Tli Cincinnati Kansas City Louisville Minneapolis Providence Detroit Milwaukee I. St. Settee Omaha Denver I. Ee Cleveland Memphis Columbus Galveston Wee Fort Worth Indianapolis Richmond Peoria Portland Duluth Hartford St. Joseph Norfolk Orcester New Flaven OOO Syracuse Lowell Grand Rapids Los Angeles Wichita Tes Moines Topeka Aeee Buffalo Portland, Or Ener Nashville Eeeer Seattle Siena City Sete Tacoma Birmingham Etre Montreal Can N.Y Didss Atlantic & Vacule Lila Boston United Gas IGM Bur. & Mo Neb Oly Anh Do Sum F.S. Qa Baeee L.& Nor K. C N.m.a& S Sonora Texas Wis Bell Sioux City Winthrop Eenee Ee Ile Atlantic Alloudz Mining Bos, & Mont Cal. & Gcasgeessen Eave Franklin

Reorganization Approved by ATCHISON TOPEKA AND SANTA FE Board

Boston November 23 1889 At a Board of Directors meeting the Plan of Reorganization is declared effective and bondholders are urged to participate by depositing bonds before December 15 1889. The chairman George C. Macour announces equitable conditions after that date.

Boston Atchison System Europe United States Eorge C. MaGoun Magoun Atchison-Rock Atchison, Topeka & Santa FE Railroad Company Atchison Board of Directors George GC. Macour

Boston Stock Exchange Market Report Week's End Close

Boston stock exchange today reports total 126 000 shares traded. The list shows shares sold with opening, highest, lowest and closing prices for the day and the prior close yesterday.

Commercial County Market Report Snapshot

Market notes show mixed activity across commodities with several grains and fats steady or firm. Pork and lard demand are strong while fruits vary from fair demand to slow, and meats stay steady amid overall quiet trading in other items.

Tron Aearby Almeria

Wheat and grain futures mixed in Chicago market decline

Heavy northwest wheat receipts and long liquidation dragged futures lower with weak closes while cash demand stayed firm. Corn oats and pork futures showed quiet to easier trade as buyers held off. closing prices varied across exchanges in Chicago, St Louis and Minneapolis with modest declines in key contracts.

Chicago Farnum, Reardon & Co Boston Longs Yee New York St Louis Minneapolis Northern Minnesota

Bond exchange plan lists numerous railroad issue securities

The document outlines bonds to be deposited for exchange under a reorganization plan. It lists many railroad company first mortgages seven percent and five percent bonds dated 1909 through 1937, plus income and collateral bonds. Deposits are invited at Union Trust Company in New York and other firms in Boston, Chicago, and London.

Atchison, Topeka & Santa Fe Railroad Company S. F Jowley, Sumner Fr. Smith HR. BR. Co Florence, Eldorado & Val. Val. R. BR. Coa Kansas City Emporia & South, RR ER. Co Topeka & Western RR ER. Coa Klan City Lawrence & South ER. R. Co Southern Kansas & Western EH. Co Sumner County& EH. Co Ottawa Burlington Southern Kan. B’y Co Gulf Div Southern Kansas K’y Co Southern Kansas Ky Co Texas Chicago Chicago, Santa Fe California B’y Co Leaven, Topeka & Southwestern Ry Co Atchison Co Wichita & Western KR. BR. Co Kingman, Pratt & West Hike Co Chicago, Kansas & Western RK. It. Co California Southern & BH. Co

New York Money and Markets Mixed After Bank Statement

Money on call remains easy with no loans and 5.6 percent closing. Rates for bills and acceptances quoted modestly, with government and railroad bonds steady. The stock list shows Chesapeake & Ohio and Cotton Oil gains, while San Francisco preferred weak. weekly bond sales totaled 7.28 million.

New York Sterling Exchange Reading Atchison Northern Pacifics Chesapeake & Ohio San Francisco Atlantic & Pacific Gulf of Colorado & Santa Fe Baltimore & Ohio St. Paul Cedaralis & Minn Longland

Circular 63 At Kider Peabody and Co Boston Offices

Circular 63 detailing full details available at listed addresses. Also obtainable at Kid der Peabody & Co No 1 Nassau St New York and Atchison Company 95 Milk St Boston. J W ReinhaLt 4th Vice President and George C Magoun Chairman of Board.

Kidder, Peabody & Co Nassau St New York Atchison Company Milk St Boston J. W. Reinhalt George C. Magoun

Directors Declare 3 Percent Semiannual Dividend

Old Colony Railroad directors declared the usual 3 percent semiannual dividend yesterday, ending talk of a rate increase for now. Delaware Hudson Canal transfer books close Nov 27 for the quarterly 1 percent dividend to be declared then.

Old Colony Railroad Company Delaware & Hudson Canal Company

Foreign Financial Reports from London Markets

London market bulletin lists Atlantic and Great Western seconds at 54, Canadian Pacific 74½, Erie 29, Illinois Central 121½, Mexican ordinary 44½, St. Paul 73, New York Central 109, Pennsylvania 63¾, Reading 21½, Mexican Central news 70, and other rates. Open market discount on short and three month bills at 4¼ percent. Consols quoted 97 1-16 money, 97 ¼ account. bullion withdrawn from the Bank of England today totals £51,000.

Cable Rock Island Atchison New 43 New Mexico & Southern Pacific Sonora Chicago, Kansas & Western California Southern Chicago, Burlington & Quincy Wall Street News Chicago Boston New York Wisconsin Central Oregon Oregon Short Line Union Pacific Fort Worth Colorado Exchange of Securities Utah Northern Company Denver & Forth Worth Company J. N. Fiske Union Trust Company Flint & Pere Marnette Boston, Revere Beach & Lynn Boston, Winthrop & Shore Road Boston & Maine Boston & Maine Railroad Railroad Commissioners Eastern Eastern Railroad Great Falls Fitchburg Marcy Delaware & Hudson Little Corporation Lake Uperior Arizona Atlantic Calumet & Hecla Boston & Montana Osceola Franklin Vivian Huron Ck Ie Exchange iLast Ales Cessseeeeaare Arnold Ee Bonanza Devel’t Butte Punkin Trenton Nationa Santa Boylston Street Brookline Campoche Settee Esters East Gost French Bay Maverick Cseeessconse Newport Samiti Csss Payson San Pozo Sullivan Seer Steer Walt NG Winthrop Wollaston Atchison At. & Pac Do Inc Lil L. G Peer Eee Kan W. Bs C. & W. Mich Benge Y Il C Wis Lee 'T. S Ly BE St. L. Tm Do 1St Con. Inc N.Y N. E Coconas P. D'O L. C. Con G iv O Do Inc Ae Pueb. & A. V. Is Rutland St. Jo D& G.I Atch Fisvicvege Oom Atlantic & Pacific Boston & Albany Maine L. C C. K Rya Miki K. C Ft. S St. Lee Maine Central N. Y Old Colony Eneer Summit Br Inch C.e Tvs West Glia Am. Belli Eastman Car BA Lamson Store Ser. Co Pullwan Palace Car Co Atchison New de New Inc Eee Aim Cotton Oil Trust Illinois Steel Co Mt. Desert & Mast Shore Maiden Electric Co New York Despatch Co National Lead Trust IVA Nat. Tel. Mfg. Co. Vul Alt AL. & Pacific Central Iowa Central Pacific St. Ce Chi & E. DL Eeeer Del del. & L Den R. Feet Etree Ft. W Enee Erie Fort Wayne Hocking Val Central Long Island Louis & Nash Louis N. A Man Beach Anne Eevee Elevee Mem Lon Paclle Aerere H&m North Western Ohio Miss W.P Si.l We & LE Brupswick Pacific Mail Pullivan Val W. Union Con Gasee Tvl Tenn. C. & Oe Ener Re Tb N. W R.G St. L I. Ee D Tex. Iro L Sage Tex. P. R. Des Ats WV Mat. Unionos Iu. Pac N.P. Ists Dons W.cons Cara Alice Andes Moulton Best & Bel. Ae M. Col. Coal Occidental Ato i C. Va Ontario Deadwood TI Overvan el Cristo Li Hale & Nor Quicksilver Homestake U. Copper London Great Western Canadian Pacific Illinois Central St. Paul New York Central Pennsylvania Reading Mexican Central News Readine Bank of England

Print Cloth Market Trends Fall River Providence Summary

The Fall River market shows production 190000 pieces, deliveries 195000, stock 8000, sales 207000, spot 41000 and future 166000 with prices 811 16c for 64x64s and 344c for 60x56s. Providence reports a firm slightly higher market with 11000 weekly sales and 246000 stock plus 10000 pieces 66x60s, with 64 squares at 311 16c bid and 8%4c asked.

Fall River Providence

The Metal Trade Market Outlook and Prices

The iron and steel markets show firm crude prices with expectations of a rise. Demand remains steady for pig iron, bar iron, steel rails, and copper with active sales and higher London values. Foreign pig iron and refined products hold above parity. railcar shortages limit back orders and shipping.

Southern Northern Gray Forge Eglinton Bessemer Lake Arizona London

Sugar market trends in grocery trade show firm import stance

The sugar market moved upward through the past week with light weekly business and only fair activity in New York. Importers hold firm views and are not eager sellers, maintaining confidence that prices will advance.

New York

Boston City seeks water loan proposals in 1889 issue

The Boston City Treasurer invites sealed proposals for water loan offerings totaling 45,000 dollars, with certificates of 1000 dollars and multiples. Interest at 3.5 percent annual, semiannual payments, due over 30 and 80 year terms, secured by a mortgage-like pledge. Proposals due November 26, 1889, in Boston.

Boston City Hall Maia City of City of Boston Alfred T. Turner

Also Mentioned on This Page

Reichsmarks Atchison Securities Atchison, Topeka Santa FE Boston Stock Exchange Miscellaneous Stock Exchange NEW York Stock Sales Central of Mass P.M Tritchburg Pel Bio Ilinda Steel Whee TOY Ps Ewe Thomsen. ii Elec. Co Eae Lille Davecvesseeese Wilson W. Fay & Co State Street Bay State Gas Hastman Car Hanter Cs Cree Seneeesees Seeew Rere Gilman Cash Railway McKay National Telephone Reee Conseererrees Ton Santa Ferr Maine Central RK Phil Wilmington Dessous Boylston Mutual Ins Cambridge Ins Providence Gas Co Eeenereees Ui Boston At Bangor Salem Iveston & Lowell RR Bur, & Mo. RR Bos Rev. B. & Lynn RR Naumkeag Street Pleasant Bill & de Soto Oston United Gas Comerree Lombard Livest. Co Broadway Devonshire St Trust CO Baring Bros. & CO Bishopsgate D.C NEW York Financial Corstseres Aéda Naing Ererepoeen Bank Ceavaeree Steee Vesese Cereerenses Henner Eenee Merchant’ Bank Rburyport Bank of the Republic Cee Seer Danvers Bank Ceeseeeee Seraeee Arlington Mills Ee Ee Hamilton Mfg. Co Massachusetts Cofton Mita Clevyelaua & A RR Seeeneee Cal Potosi Savage Nevada Crown Point Commonwealth Union Gould & Curry Yellow Jacket Hale & Norcross Finayotal the Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew Johns Ief Fries & Sons Devonshire Street Spreckels Porto Rico Brazil Rio Santos Rotterdam Canton Cassia Batavia Cassia Singapore Zanzibar Amboyna Formosa China John E. Welsh General Markets
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