Reorganization Plan For Kansas City Topeka & Western Bonds
The article explains a reorganization of a property with over $300 million capitalization under a new plan. It notes that under the new plan stock earnings reach $11,264,555 versus $11,167,766 now, with about $4 million contingent. Weaker bonds and profitless branch lines may be shed first as branch-line securities exchange dominates the discussion. Subscriptions for $12,500,000 of new fours bolster momentum, while bondholders face exchange options including $1100 in 4s and $520 income 5s for a $1000 7 percent old bond. The plan aims for balance between radical critique and cautious reform.
MENTIONED IN THIS ARTICLE
Kansas City, Topeka & Western
Atchison
C. A. Whittier
J. M. Fiske
Downtown talk on Atchison plan of reorganization
State street reports reveal wide support for the Atchison plan to reorganize the railroad finances. Business leaders like G P Messervey and A W Nickerson praise feasibility and favorable terms for stockholders while bondholders voice mixed concerns about surrendering bonds for 4 percent.
Atchison Reorganization Plan Receives Broad Backing
The plan, viewed as sound financing by the directorate committee, gains street approval as Atchison stock opens higher with ex-rights trading. A London syndicate reportedly ready to fund $10,000,000 for unsubscribed portions, while Reinhart defends the plan as comprehensive and aimed at restoring credit and prosperity through economies and capital expenditure.
MENTIONED IN THIS ARTICLE
New York
Atchison
Atchison Stock
Baring Bros
London
J. W. Reinhart
Boston
Cheney
Money Market Mixed in Boston Trading
The Boston money market shows little change with ample money supply. Call money rests around 4 to 4% while time money sits at 4 to 5 percent. Corporate loans run 4 to 6 percent, business paper 5 to 7 percent, and bank balances at the Clearing House close around 4.10 and 4 percent.
Atchison reorganization plan approved amid favorable banker talk
The year ending Sept 30 1889 shows gross earnings of 3 614 318 86 versus 8 361 216 20 for 1888 an increase of 153 102 66 The prevailing sentiment in financial circles favors the Atchison reorganization plan despite some adverse critics Governor Ames voices a strong objection to the plan and is noted among the critics
MENTIONED IN THIS ARTICLE
Atchison
Ames
Dividends Declared by Northern Railroad and Others
The Northern Railroad Company declares a dividend of three dollars per share. The Haverhill Savings Bank proclaims a twenty four percent dividend. The New Bedford Gas Light Company announces a quarterly dividend of two dollars per share.
MENTIONED IN THIS ARTICLE
Northern Railroad Company
Haverhill Savings Bank
New Bedford Gas Light Company
Auctions of Railroad Stocks At National Market Board Oct 16 1889
Auctions will sell on Wednesday Oct 16 1889 at 11 30 am by order of Executors Administrators and Trustees a wide range of railroad and bank stocks bonds and notes including California first mortgage Boston Albany Chicago Northwestern Vermont Consolidated Vermont Fitchburg and many others with National Market Bank and Boston Electric Light Co among the bidders market summary notes heavy selling for Atchison Missouri Pacific and other Gould properties with overall market firmer than recent days and little price movement despite some declines.
MENTIONED IN THIS ARTICLE
Ee RR
California
Boston & Albany RR
Chicago & Northwestern RR
Consolidated RR
Vermont
Eastern Electric Cable Co
Vref
Showalter Mortgage Co
KE. & T. Fairbanks
Suffolk Cordage Co
Tay State Live Stock Co
Manchester
Manufacturers’ Nat. Bank
Boston & Maine RR
Lincoln Nat. Bank
Fitchburg RR
Chicago, Burl, & Quincy RR
Cleveland & Canton RR
Hiinels Grand Trunk RR
Country Club
Isoston Athletic Club
Central Mass. RR
Reece Button Hole Machine Co
Merchhanaise Nat. Bank
Wacifle Mills
Boston Electric Light Co
McKay & Bigelow Heeling
Shoe
Nat. Bank
Traders’ National Bank
Concord RR
McKay & Bigelow
Boylston Ins. Co
Arlington Mills
Franklin Co
Lewiston
Nat
Hide & Leather Bank
Atchison
Missouri Pacific
Gould
Manhattan
Western Union
Chesapeake & Ohio 5S
Og &L. C. Con
Oregon
Sonora
Am. Bell Tel
Sane
Aspinwall
Boston
Newport Land
San Diego
West End
Bonanza Mining
Hoc Bos. & Mont
Tamarac
Boston &Albany
Boston & Lowell
Sss
Bos C
Maks & Cleve
Fitchburg
Old Colony
Bell Tel
Ee K
Baisessa
Lans & Ae
K.C
K. C
M.a& Ls. Be
Marquette & Ont
Bell
Erie
Eng
Chices Vice
Yog Eastman Car Heater Co
Samson Eenee Tb
Anniston
Newport
West End Gao
Cal. & Ties
Bos. & Mont
Aly & P
Boston & Maine
Bly
N.Y
N.E
West End Ry
Am. Tool Co
Bay State Gas
Fort Wayne Elec
Goaves
Olinois Steel
Ye Phon
Toy
Hous
Lec
OL Thom
Weiding
Sale
Northern Pacific
Chicago, Burlington & Quincy R.K. Co
C., B. & Q. R. Iowa Division
Chicago, Burlington & Quincy
New York Stock Market Mixed After Early Strength
Money on call remained tight with rates from 6 to 12, but later firming appeared. Government and railroad bonds stayed dull, while stocks showed late improvement yet retreated near session lows. Atchison rights traded but remained strong early on the reorganization plan news amid heavy loan buying.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Barsilver
Sterling Exchange
Atchison
Missouri Pacific
Louisville & Nashville
Union Pacific
Gould
Bears
C. & St. Louis
Chesapeake & Ohio
London Market Quotes and Bullion Withdrawal Report
London market notes list Atlantic & Great Western firsts at 35 percent and Canadian Pacific at 71 after a shift of several stocks and bonds. Bank of England bullion withdrawn on balance totals 2000 pounds.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canadian Pacific
Erie
St. Paul
New York Central
Pennsylvania
Bank of England
Birthday Feier for Mr Edwards Goulston Jr at Home
A pleasant Berwick park party honored Mr Edwards H. Goulston Jr on his 21st birthday. Friends gathered at his parents home with music lunch and informal speaking before dancing. Samuel L. Hirshfield acted as master of ceremonies.
MENTIONED IN THIS ARTICLE
Berwick Park
Boston and Albany Railroad Prizes Awarded to Road Masters and Sections
The Boston and Albany railroad awarded prizes for excellence to road masters and section men across divisions. C B Lentell of the first division won four of the twelve $100 road master prizes for sections between Worcester and Boston. A W Coutts, master of Section 7, captured five of the $50 prizes. John Johnson of South Framingham earned the remaining section prize. In division two Worcester to Springfield, M Foley of Spencer, George Allen of Brimfield, R A Menade of Palmer, J W Powers of Indian Orchard, and F T Kendall of Westfield each earned prizes. Kendall won the $100 for best line and surface from Worcester to Pittsfield, with Thomas Sullivan of West Springfield and C E Blood of Chester as his section men. Division 4 winners include Thomas Doyle of Richmond, W A Sanger of State Line, Nicholas E Cady of Charter Centre, N Y, and John Larkin of Schoharock.
MENTIONED IN THIS ARTICLE
Boston & Albany Railroad
C. B. Lentell
Worcester
Boston
A. W. Coutts
John Johnson
South Framingham
Springfield
M. Foley
Spencer
George Allen
Brimfield
R. A. Menade
Palmer
J. W. Powers
F. T. Kendall
Westfield
Pittsfield
Thomas Sullivan
West Springfield
C. E. Blood
Chester
Thomas Doyle
Richmond
W. A. Sanger
State Line
Nicholas E. Cady
Chara Centre
N. Y
John Larkin
Schoack
Golden Medical Discovery Named Best Spring Blood Tonic
A town man praises Dr. Pierce's Golden Medical Discovery as the safest spring remedy to purify the blood and tone the system. He claims it always yields the desired results and remains loyal to the product as a walking advertisement for Dr Sage's remedies.
MENTIONED IN THIS ARTICLE
Dr. Pierce
Commercial Matters A Quiet Market Report Across Commodities
Lumber is steady and coal firm with flour in moderate demand. Corn dull and oats plentiful while rye flour and Graham flour are quiet. Cornmeal firm and oatmeal very quiet. Rye slow and malt dull. Hops not very active. Butter cheese eggs poultry steady. Potatoes lower and oranges scarce. Lemons is steady and pears in fair demand. Grapes moving readily and cranberries steady. Pork steady and corned beef dull. Fresh beef firm with other meats steady. Tallow quiet and molasses slow.
MENTIONED IN THIS ARTICLE
Graham
Print cloth market steady at 3 percent for 64x64s
Fall River reports the print cloth market remains quiet and steady with prices at 3 percent for 64x64s. Little business is being transacted as of October 15.
MENTIONED IN THIS ARTICLE
Fall River
Wool sales brisk with full prices on Cape wool
London reports strong bidding at wool sales with Cape wool in demand at full prices. Over 10,454 bales offered today as the current series shows 114,000 bales sold for home use and 110,000 for export, 4,000 held over. Next sale starts November 26 with detailed regional prices for Victoria New South Wales Queensland South Australia New Zealand and Cape of Good Hope and Natal.
MENTIONED IN THIS ARTICLE
London
Victoria
New South Wales
Queensland
South Australia
New Zealand
Cape of Good Hope
Natal
Atlantic Ports
Gulf
WBC
New York
Wheat markets slide on large shipments to Europe
The Option Markets Chicago reports December wheat at 82 cents amid weaker tone from liberal receipts and rising passage quantities. Decline in wheat shifts sentiment, with Hutchinson as a stabilizing buyer. Corn firmer on receipts and shipments, pork lard and futures mixed, and prices listed across multiple months and grades.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Boston
Northwest
Europe
Hutchinson
New York
Lumber Trade Sees Steady Demand as Railroads Push Storage Rules
The lumber trade reports steady activity with few price declines over the past week. Railroads impose 48 hour unload rules and new storage charges, starting Oct 21, prompting wholesale protests and possible legal action while retailers hope to buy cheaper lumber. Demand for Southern lumber remains steady with solid dealer activity.
Also Mentioned on This Page
EXOE
State Street
Post
G. P. Messervey
Putnam, Messervey & Co
A. W. Nickerson
Spencer Richardson
Richardson, Hill & Co
Asa P. Potter
Maverick National Bank
I. T Burr
National Bank of North America
Eddy
Brewster, Cobb & Estabrook
Choate
Basset
Basset & Whitney
Cordley
F. R. Cordley & Co
Clearing House
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Lamson Consolidated Store Service Company
Rio Grande Western Railway
Sagar ‘Trust
Eugee
Thomson-Houston
Brush Electric Company
Westinghouse
Brush
Railway Department
Thomson European
Boston & Montana
Calumet & Hecla
Atchison Trust
Trust
Chicago, Kansas & Western
Central Traffic Association
Standard Oil Company
Muni
Phat Aes Jin
Cipalbonds Legal Seroskeenee
Island
Hayes & Sons
Bankers
Superior Street
Cleveland
Boston Stock Exchange
Brokers’ Board
Miscellaneous Stock Exchange
SALES
Allouez
Arnold Cnet
Atlantic
Bonanza Devel’ Ge
Mont
Butte & Been
Catalpa
Uc Crescent Eeeere Central
Puikin
Tao
Bucmanta Fe
Tamarack
Eiehlasiwes
Land Companies
Abdinwail
Eweeeres
Boothbay
Bbc
Campobello
Orewee
I Maveric
Bbc Lamoine
Payson
Ae WA
G Sullivan
Lopeka
Winthrop
Wollaston
L. G
Pac
Fey
LGG
Eeewee
St. P. Ca
Ju & C.H
Lou
Lhe 'T. S
LOD, L
J. & St. Leim
Central
Istine
S. P
Pueb, & A
Rutland
Southern Kan
de Yex, Hiy
Ig Do Inc
Atlantic & Pacific
Aly
Boston & Alban
Lily Boston & Lowe Thee Wees
Loston
Lioston & Prov
Cal. Southern
Central of Mass
Aly &N . Ee
Steve
Canton
Bcs
Det
L. Eeee
Flint & Ee Sws
Gwits
Sp. & Mem
L. E
Ewa
Ise Viisevie
Eeee Libo
Summit
Wisconsin Central
Am, Bell
Erie Ae
Ube
New Eng
Ewer
Amadast
Eastman Car Healer
Lamson Store Ser, Co
Palman Palace Car Co
Cotton of Trust
Alig
Pneumatic Tool Co
Bay State
Burton
Chi
Liverpool Ae
Hurep
Elec
Elding
Fort Wayne
Illinois Steel Co
Mt. Desert
Mt. Desert & East Shore ‘ A ** 120 Malden Elecitrc Co New York Despatch Co
North Chi
Ee U
Tavy Siegar Refineries
Son Houston
Do Trust
Eee Wee
Wilson W. Fay & Co
Edison Phon. Tey
National Telephone Ewer
Eastern Shore
Senelee
Santa Fe
Union Metalli
Ao Fastenine
Afas Sewasiger
Sheer Eene
Edison Polyterm
Geyser Mining
Sao
We Pacific
Air L. Pref
C.R
Gane Pacific
Isi C
C. Eer L
Central Pacific
Ohio
Fess
Alton
E. IL
OEY
Uae
East Tenn
Hocking Val
Kan
Tex
Kings
Pem
Long Island
Louis
Tee
Man
Beach
St. L
Eece
Senor Ee
Essex
Eevee Pees
Nash, & Chat
N. d. Cent
Cc & St
Ohio & Miss
West
Pittsburg
Rock Island
Rome
Hayatte
Jake Texas Pacific
D. C
U. Pacific
Utica & Press Roe
Pac Fine Mail
Pullman
al. Ee
Union
Brunswick
N. W
KRG. W. St. L. Ts
St. P
St. P., CO
Oss
So. P
Tex. P. LG
N. J. U. Int
N.P. Lats
U. Pac
W. Shore
Oveidental. Oftario
Potosi
Con
Cal
Ain
Eureka
NEW York Financial
Belcher
Sierra Nevada
Halo & Norcross
Yellow Jacket
Dr. Sage’s
Cemedy
Minneapolis
Boston Investment CO
Centayable Quarterly
T Leonard
Gen. Ag’t
Washington St
First
Heal Etate- Boston Safe Deposit and Trust Co
Chicago, Burlington & Quincy Railroad Company
Iowa Division
The
Osage Carton Company
Osage Carbon Company
Charles 8. Tuckerman
Tuckerman
9Th Milk St
American Tontine Investment Union
Broadway
William Montgomery
Massachusetts
Milk Street
Mass
Eastern Banking CO
Francis A. Osborn
T. Merrihew
Office OF
Atchison, Topeka & Santa FE RR. CO
Atchison, Topeka & Santa Fe Railroad Company
Boston Sate Deposit & Trust Company
A. A. Glasier
Boston Safe Deposit & Trust Co
Mill Street
C.s. Tuckerman
J.C. Davis & CO
School Street
JOY Jeffries & Sons
Devonshire Street
J. French & Son
Washington Street
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!