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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 04, 1890

Page

6

Money Market in Boston: Rates Steady Amid Scarce Funds

The Boston money market stays firm with Clearing House loans at 6 to 7 percent. Time loans quoted 5 to 7 percent, call loans 5 to 7 percent. Exchanges rise, New York funds at 25 cents per $1000 discount. Government securities steady, spiking copper and rail stocks. A new note brokerage house, Stedman Steere & Wheeler, forms in Hartford and Boston.

Boston New York Chicago St. Louis San Francisco New Orleans Charleston Savannah Washington London New York Stock .Exchange Berlin Imperial Bank of Germany Atchison, Chicago Burlington & Quincy Nion Pacific New York & New England H. 8. Stedman E. Steere H.3. Redfield Hartford Atchison Mitchell Bros Michigan Grant Station Atlantic & Pacific Chicago, Burlington & Quincy Denver Colorado Midland Sioux City & Northern Railroad Company Union Pacific Oregon Short Line Utah Northern Ds

Mortgage Bonds and Stove Company Amalgamation Notice

The document announces bonds offered for subscription in Boston at par and in London at £205 per bond, with £10 shares in London at par and in Boston at $48.70. It lists trustees and stock-exchange affiliations across Boston, New York, Liverpool, Manchester, Glasgow, Edinburgh, and other cities. It details formation to amalgamate Magee Furnace Co and Smith & Anthony Stove Co, Boston Wakefield plants, their premises, plants, and wholesale networks, plus audited accounts by Hart, Btros., Tibbetts & Co. for 1887–1889 with profits in sterling terms.

Boston London Wakefield New York Chicago Kansas City Minneapolis Grand Rapids San Francisco

Hart Bros Amalgamation Plans Shaping Up In Boston Market

The deal outlines payments on mortgage debentures and preference shares, with 6 percent on 125000 pounds and 10,000 pounds per year for preference shares. It notes substantial cost savings, asset valuations, and a total property price of 275000 pounds. A Boston committee may oversee management for three years as assets are conveyed to an American corporation under a first mortgage to American Loan and Trust Co.

Stock Exchange F. A. Magee Albert N Parlin Magee Furnace Co E. W. Anthony Smith & Anthony Stove Co Asa P. Potter Maverick National Bank Boston Messrs. James Allan, Sr., & Co Vulcan Victoria Upper Thames Street Great Britain American Loan & Trust Co Massachusetts

Enver Water Co Bonds At Par Monthly Installment Offered

Uenver Water Co reports $1,500,000 in bonds sold to banks, insurers, and investors, now offering a $250,000 October installment at par and interest. Bonds issued monthly to fund new construction. Earnings estimates rise from $202,720 in year ending Oct 31, 1887 to $385,000 by Oct 31, 1890 with officers listed and projected returns. The company expects about 15 percent earnings this year and 10 percent payout on $1,501,000 capital stock.

May-Mazeppa Erie Telephone Company

10 Percent Dividends Offered by Maine Company

Prospective stockholders are invited to purchase 450 shares of capital stock to receive 10 percent dividends payable twice yearly in January and July. Six full 5 percent dividends have been paid since 1887, with the seventh already earned. Applicants at once will receive the full 5 percent dividend in January. Full stockholders list and details available at the Portland Maine office or by inquiry.

Maine Portland

Boston Stock Exchange Sales Report

Boston Stock Exchange reports no bond sales from BI during official period. Market activity shows limited trades with no large blocks. Officials note standard settlement timelines and routine clearing procedures.

Boston Stock Exchange

Electric Stocks Furnished by Prescott and Co

Furnished by F W Prescott & Co 54 Devonshire Street the listing notes multiple electric stock names including Eastern Electric Cable Company Gethins Electrical Manufacturing Company Union Electric Car Company Thomson-Houston Company and Thomson European Electric Welding Company with various figures and percentages indicating share values or splits. The text appears as fragmented OCR from a financial column showing stock names and implied quotes.

F. W. Prescott & Co Devonshire Street Eastern Electric Cable Company, Pfa Gethins Electrical Union Electric Car Company Bie Thomson-Houston Company Thomson European Electric Welding Company

Wall Street Declines After Sharp Reading Union Pacific Raid

New York stocks weaken after a brisk late-day raid on Reading and Union Pacific, with Reading sliding to 37%4 and Union Pacific near 53, while Northern Pacific preferred. other rails like Burlington and North American lead the drop. Market ends weak at day’s lows as readjustments spread across coal and industrials.

New York Prime Mercantile Sterling Exchange Reading Union Pacific Missouri Pacific Northern Pacific Preferred Burlington North American Lafternoon St Paul Lackawanna Delaware & Hudson Jersey Central Northern Pacific Atchison New England Texas Pacific

New York Stock Sales Oct 3 Transactions

Today's transactions aggregated 249,300 shares in New York stock sales. Investors traded a mix of blue chips and mid caps with notable activity in technology and financial sectors as markets moved on fresh earnings cues.

New York

London Markets and Bank Report Oct 3 Autumn Financial Notes

London financial news lists Consols at 9434 for money and 954 for the account, U S 4s at 12514, Atlantic and Great Western firsts at 35 8, Canadian Pacific 80%, Erie 247%, Mexican ordinary 61, St Paul Dominion 67 3, New York Central 10844, Pennsylvania 6334, Reading 205s. Money at 9 percent. Open market discount 5 percent. Paris advices show 3 percent rentes, 04 francs 97/2 centimes for the account. Imperial Bank of Germany reports a 50,427,000 marks decrease. Gold closed at a 145 percent premium.

London United States Canadian Pacific Erie St. Paul Dominion New York Central Pennsylvania Reading Paris Berry Imperial Bank of Germany Enos Ayres

Am. Stove and Furnace Co Formed in London Boston Merger

The American Stove and Furnace Company combines Magee Furnace and Smith and Anthony Stove with £250,000 capital in English law, issuing £125,000 in preference shares and £125,000 debentures, totaling £375,000. Debentures run thirty years, redeemable after 1910 at 105. preference shares pay 8 percent dividend with surplus above 20 percent on common shares split. Anticipated net profits rise to about $185,029 in 1889, supporting debt and equity. subscriptions open Oct 4 in London Boston New York with trustees American Loan & Trust Company. New houses on Newbury Street appeal to young couples.

Pullman Palace Wisconsin Central New York & New England Rhode Island & Massachusetts Railroad Company Massachusetts Division Franklin Page James P. Ray Joseph G. Ray E. Ray James F. Ray Moses Farnum George W. Wiggin James P. Ray Edgar K. Ray J. G. Ray Boston & Maine Wilston Eastern Fitchburg West End Street Railway Anniston West End Waterover England France London Calumet & Hecla Boston Stock Exchange Iroquois Copper Company of Michian Kearsarge Allonez Allouez Peninsula Thorson-Houston Fort Wayne Westingbourge Messrs Hart Brothers Piemetts & CO American Loan and Trust Company Simmons Building Water Street Reston Plters Schench Broadway New York Thhe Company UnitedKingdom The Stock Exchange Boston Ebvsieon American Stove & Furnace Company American Stove & Furnace Company (Limited Magee Furnace Company Smith & Anthony’s Stove Company F. A. Magee Albert N. Parlin E. W. Anthony Smith & Anthony Stove Company Asa P. Potter Maverick National Bank United Kingdom American Loan &Trust Company Peters, Schenck & Co Above Capital American Loan & Trust Company

Also Mentioned on This Page

Massachusetts Real Estate Company Advertiser Building Limon Tite Mass Petiis, Schenck & Co Brokers Brston Anthony Pany Companies Acts of Great Ireland Roger C. Richards National Provincial Trustees and Assets Corporation, Limited James Levesley American Exploration and Development Corporation, Limited Arthur Horne Vulcan and Victoria Upper Thames Street E. C S&s Augent Townshend Hazelwood Richmond Surrey U. S.A Asa BP. Potter Maverick National Bak Smith and Anthony Stove Company Bankers City Bank, Limited America Houston J.G. Hyde & Son E.cc, and Stock Exchange U.S.A New York, and Stock Exchange Chase & Barstow Bbevonshire Liverpool Enry E. Rensburg & Co Manchester Pernest Power & Clegg, St. Anne’s Street and Stock Exchange Glasgow George Miller & Slimseqn St. Vincent Place and Edinburgh J. D. Walker & Watson South St Andrew St. and Stock Exchange Solicvpors Dickinson & Howe Equitable i OLD Jewry Union ST Wakefiel Magee Chelsea Smith & Anthony Stove Messes. Hart Bhros Tibbetts & Co., Chartered Accountants Moorgate ST Moorgate American Stove and Furnace Limited Hart Bros., Tibbetts & CO Springfield Newton Fail River Malden Lynn Danbury Cleveland Brewster, Cobb & Estabroc Congress Street Uenver Water CO City of City of St. Paul Cincinnati Toledo Town of Winchester Boston & Lowell R.R K.R Concord Montreal Old Colony Atkinson House Furnishing Company J. W. Delaney School Street C.H. Venner & CO Wall Street Sioux City F. W. Parker & CO State ST MAA W Mazeppa Bonanza Colorado Filing Investment Co Congress James Gilfillan U.S Ts’ BO Patna Ae OL Wits A., T Inc i Isis Boston United G Gas Oseeeesserve West Mich K.C Ft. 8 Gulf K.C St. J C. Bl. Ws Zee Alloucz Co Wisiecicess Colestic Ie Lee A. T A&m Cheshire Piss Cies HEX Cone GOS Bell Tel Pac Neo Mex Do Ist Inc Org S. B Utah N . Bs E. Wis Anniston City Land Atlantic Bos B. A&m Eiuceeia Bis Eiacy Ng C O.S. le Veeseee Fle Crysth Elec Europ Westinghouse Lec Bales Bos.t . Gas Pi B. & Mo Ll. G. Is Wis O & W. Mich Lans N. Cai Elk. & M K C KC. Af Eee Ipea L. C. Con Oregon S. L U.N. Giese Rutland Gs Were Union Pacifie Il Lhe Do F. Ss Wis. Con Do Inc Cess O Ou Railroad Companies Atch., Top. & S. F Bo &N Cleve Canton Flint Maine Central G. F. & Conway Gyis Summit Oves Sessee Gly Woon Wisconsin Bollive Vies Eastman Phorstof Ile Os Lamson Store Ser. Co Suva Pullman Palace Car Co Union Stock Yards Cotton ON Trust Luis Aim Pneumatic Tool Co Bay State Gas Brunswick Fiurton Chi Boston & Liverpool Co Tiindis Steel Co Mt. Desert & East Shore Nat Tel. Mig. CO Pyaehy Gs Creas Ely Sugar Refineries Co Thomson-thuston Elec BOT, AO Dpgl Es Vis HY Thomson Elec Westinghouse Elec. Co Peewee Ewe Eee , Ood ” Winnisimmet Co Wilson W. Fay & Co State Street Tallapoosa Land & Min American orb-Wayne Coal East Tennessee Vestitent Loo Colchis Bonanza Dev Cece Teveretewee Don Enrique Min Ciseu Cues Ees Catalpa Mining Mutual S. & M. Co Quicksilver Godig Salon Bee Sutter Creek Ohio Oregon Vilage 2 Ing Ing. Ing Alt T. H Aly Pacifie Central Iowa Central Pacific Ches, & Ohio den& H de & L den. & R. Cgreeee Green Bay Hocking Val Tex Lake Shore Long Island Vo Louis.& Nash Louis NaLaewee Tees Man Elev Ase M Minow I. St. L Pacific Rock Island Steerer I. Paul Meissen Southern Pac Eeesee Wees Sugar Tenn. C. & I Atk Dil Db & Ra. & Trans LSS Saecs Rg. Gi. M Gila IBM Erie 2d W.& den Lowa U T.g St. P P. X& Er Tex VP. L. Ge. NagYas C. & St. Tr U. Pae W. Shore Los Vie Ek U. N Atlantic Uel Reee Ai Col Coal Cee Crown Point Holmestake Huron Anoucz Ccnveeeeerescs Arnold Ee Sen Ironton Napa Osceola Ventiac Elie Scienee Lt Ridge Ios Boylaton Streeh Brookline Campobello Cutie Ee Itay Winter Harbor Wellaston At. & Pac Bos & Mong Title Insurance W. Prescott Bankers and Brokers Devonshire St Philadelphia Lawrereace S. Mott & CO York National Bank of Saco Saco National Bank Lawrence National Bank Naumkeag National Bank of Salem Holyoke National Bank Blue Hill National Bank of Milton Or National Bank Clewrence National Bank Naum NEW York Financial California Clas Yelcher North Belle Is Lodie Ophir Potosi Savage Newbury Street West Chester Park Charlesgate New Park
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