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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Sep 04, 1889

Page

6

Money Market and Bond Movements In Boston Trading

The money market eased as banks held a cautious policy on time paper. Clearing House loans ranged 2 to 2.5 percent with collateral notes from 4.5 to 6 percent, and call loans 8 to 4 percent. Railroad bond and stock disbursements totaled about 20 million, with railroads at 18,030,797 this month versus prior years. Musgrave & Co. failure sparked a minor market wobble but overall demand supported stocks, Atchison slips, and Chicago lines lead gains. several rail earnings reports and bond issues featured in the day’s activity.

Boston New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Eee Iuc Inc The Treasury Secretary of the ‘Treasury Atchison Musgrave & Co Loo Musgrave Musave Russell Sage Kennedy Newcomb Jolding Beaton Missouri River Kansas City Alton Midgeley Atchison, Topeka & Santa Fe

Kansas City Electric Light Co Bond Issue Details

The Kansas City Electric Light Co offers $150,000 first mortgage twenty year bonds at 69 percent. Secured by linking fund to retire at maturity. Real estate security exceeds total debt. Company paid 10 percent annual dividend since start. 1888 net earnings were 34 percent on capital stock. Price and particulars on application.

Mexican Central Boston Reynolds Mexican Central Railway Company London England Tampico Kansas City Fort Scott & Memphis Memphis Birmingham Clinton & Springfield New York New England Ctvat Ucb Kansas City Electric Light CO

Adams Blodget Co Auction Sale of Stocks Sept 4 1880

Adams Blodget Co announces an auction of a large diversified stock list on Wednesday September 4 1880 at 11 30 a m. The items include railroad bonds banks insurance and manufacturing stocks with many named companies and trusts. The sale reflects a broad portfolio from Eastern RR Com to National Bank issues and railroad mortgage securities.

I England Mortgage Security Co American Rapid Telegraph Co Burlington & Missouri River Rit Iowa Lansing & Northern KR Jackson, Lansing & Saginaw RR Ogdensburg & Lake Champlain RR Portland & Kennebec RR Wisconsin Valley RR Oeensburg Lake Champlain St S. F National Mortgage & Debenture Co Market National Bank Fort Payne Coal & Iron Co Trustees Southern Kan TL Do Tex. Div Sonora St. Josie i Union Pacific Fa Wis Cen Lst Oye Aan Atsh Top Issaveces Tus & Gail Ara Am. Bell Erie Easman Car Heater Nate Lamson Store Ser, CO Pullman Palace Gar Co Cotton Oil Trust Preumatic Tool Co Barton Stock Car Ce Tee Boston &Liverpool Illinois Steel Co Estes Lynn & Boston Railroad Lynn Gas & Electric Co Mt, Desert & Last Shore Malden Electric New York Despatch Co National Lead Trust North ‘ Hi Aenia Eens Oy Sugar Refineries Co Thomson-Houston Elec Thomson Tlee. Welding Westinghouse Elec. Co. Sa Winnisimmet Co

Dividend declarations from several firms in early period

The Central Car Company declares a quarterly dividend of 2 per share. West Jersey & Atlantic Railroad Company and West Jersey Railroad Company each declare semi annual dividends of 1 per cent and 3 per cent respectively. The Northwestern Guaranty Loan Company pays bond interest of 3 per cent. Pratt & Whitney Company Hartford declares a semi annual dividend of 3 per cent.

Central Car Company West Jersey & Atlantic Railroad Company West Jersey Railroad Company Northwestern Guaranty Loan Company Pratt & Whitney Company Hartford

Denver City Railway Bonds and Denver Curry Cable Railways

6 percent gold bonds secured by a first mortgage on all property of the Denver City Railway Company operating fifteen horse powered car lines over fifty miles. Bond security also includes a first mortgage on the Denver Curry Cable Railway Company with four miles of double cable tracks power house and equipment. Particulars on application including price par and accrued interest.

Denver City Railway Company Denver Curry Cable Railway Co

Wall Street Mixed Activity Lets Gains Fade by Afternoon

Money on call remained easy with rates near 22 6 and 3 on last loans, while sterling exchange stayed firm around 4.84 for sixty day bills and 4.87 for demand. Market breadth narrowed after noon with initial advances trimming to small fractions, notable strength in Oregon Improvement and Union Pacific, yet main indices drifted lower after 2 p.m. as trades cooled.

Hocking Valleys Hocking Valley New York Prime Mercantile Paper Barsilver Sterling Exchange Atchison Burlingtop & Quincy Oregon Union Pacific Atchison, Union Pacific Louisville & Nashville Chicago Northern Pacifics Burlington & Quincy Hocking

Imperial Bank of Germany Reports Drop in Specie

Foreign financial news from Berlin notes the Imperial Bank of Germany shows a decrease in specie by 18,450,000 marks. London market updates list Consols at 96 3/16 for money and 97 1/16 for account, with several stock and commodity quotes and pari exchange figures.

Berlin Imerial Bank of Germany London Canadian Pacific Erie St. Paul Common Paris

Foreign Wool Sales at Antwerp Fair Date Sep 6

Buyers attended the Antwerp wool sale where 2100 bales were offered. Demand was good and sales totals included Buenos Ayres 122% bales at 607190 francs per 100 kilos, Montevideo 248 bales at 120 220 francs, and Algerian 154 bales at 80 110 francs.

Antwerp Buenos Ayres Montevideo

Print Cloth Market Quiet in Fall River at 3 1/4 C

The print cloth market in Fall River closed quiet and steady at 3 1/4 cents for 64x64s. Labor holiday yesterday will cut production for the week to near contract levels, and manufacturers are not eager to sell at quoted prices.

Fall River

Sunday tobacco sale leads to fines and appeals in court

In municipal court Charles Wood a Parker's drug store clerk was fined five dollars and costs for selling cigarettes on Sunday. He appealed and was held for the Superior Court in two hundred dollars. Eugene Dean and M B Wiley druggists were similarly fined and held for the higher court as the Crustgists Alliance plans to contest the issue.

Charles Wood Parker Eliot and Tremont Streets E. Nicholson Wood Superior Court Eugene Dean Tremont Street Shawmint Avenue M. B. Wiley Washington Street Crustgists Alliance

Commodity Market Snapshot Circulates Mixed Signals

The report notes steady to firm trends across many staples. Eggs rise while oats and several fats show dull to quiet movement, with meat prices mixed as pork and veal hold firm while mutton and lamb ease. Sugar and molasses remain steady or nominal.

Wheat and Corn Market Swings Prompt Curb Trade Notes

The Chicago option markets report sharp early gains in December wheat before a downturn as offerings rise and visible supply estimates shift. Corn eases yet shows steady demand, while drought worries and weather shifts threaten recent crop progress. pork and ribs trade tighten amid unsettled provisions and mixed futures prices across exchanges.

Chicago Gilman, Cheney & Co Boston Farnum, Reardon & Co Rio Clba New York St Louis Boes Minneapolis

James and Abbot Lumber Trade Notes September Opening

A cautious September start for lumber markets with steady prices across Southern pine and cypress. Vessels scarce, steamers planning extra trips as cotton shipments fill space. hard pine, spruce, and hemlock markets show firm demand with moderate arrivals and varied yard prices.

Atlantic Gulf Ports

Lumber Prices and Demand Hold Steady Across Pennsylvania Markets

The Pennsylvania boards market shows steady demand and firm prices for inch and box boards with recent sales at 13 to 14 dollars for various sizes. Western pine improves in demand with several large transactions, while Michigan uppers and selects remain firm. hardwoods stay in good demand with cherry and ash showing strength and clapboards active.

Pennsylvania Michigan

Coal Trade Shows Mixed Demand and Planned September Tonnage

The coal trade notes improved demand for anthracite but ongoing quiet trade overall. September tonnage is capped at 3,000,000 by companies, with a 137,654 ton drop from 1887 and 916,826 from last year’s September. Bituminous demand remains solid, shipments ride on limited vessels, and freight rates hold firm. Retail demand stays active and prices hold. Weekly anthracite shipments reach 778,731 tons versus 849,197 a year ago, while tides at tidewater show a yearly rise of about 201,600 tons. Surplus supplies exceed current needs, and total capacity plus private dumps could push the surplus past 1,000,000 tons.

Pottsville Miners’ Journal Tidewater

Also Mentioned on This Page

Topeka Santa FE Colorado Colorado & Santa Fe California Central Lee Chicago, Burlington & Quincy Deecreass Bell Telephone West End the Herald Sorrento Messrs. Jones Sinclair Frenchman's Bay Jones Boston & Montana Tamarack Franklin Gscevla Butte & Boston Silver Bow Batte Misce Hancous Nb Cee First Mortgage Adams, Blodget & CO Congress Street Boston Stock Exchange Miscellaneous Stock Exchange Eastman Eastern RR Portsmouth, Great Walls & Ci Boston, Concord & Montreal Weston, Concord & Mont Concord RR Samuit Worcester Aradns & Roche Hamilton Woollen Co Nashua Manf, Co Boston Tow Boat Co Metropolitan National Bank Freeman's National Bank National Hide Merchandise National Bank State National Bank Manufacturers’ National Bank Shawmut National Bank National Market Bank of Manchester Mills Freenmain’s National Bank Douglas Axe Mani. Cap Lowell Manf. Co Westina Street Railway St. Johnsbury & Lake Showalter Mortgage Co Winnissimmet Co Boston Lh » Light Co Farmers’ Loan Trust Co & National Tube Works National Webster Bank Bates Mans, Co Kights Boston Tow Boat Co Atellcan Rapid Telegraph First National Bank Merdinack Mans. Co Hights Boston Tow Boat Busell Trimner Co Bortolr Woven Bose Co Fort Wayne Coal & Iron Co Douglas Axe Mans. Co Cheshire Plaza RR Kansas Oer Trustees’ Ree Rutland RR Koston Lectric Light Co Port Payne Voal & Lion Co Leavenworth Eka & Southwestern Awh Guar Leavenworth, Topeka & Southwestern Lotus U Pac Koston, Barre & Gardner RR Mort.bonds Atlantic & Pacific Inc Cal South Eastern Gs N.E Erie Telephone Sioux City Stock Yards Os, & Mont Osceola Ee Cleve Canton Bitebourg Flint & Pere Marc K. C N.Y &N Blois Dob Deeesedd Weer Sia P. M. Pryca Southern ‘i Len West Chi West Mid Rutland Lille Bog St. Jos Gad Union Pacific Bs Wisconsineutral Ambell Tel West End Land Ios, & Mont Franklin Mint Boston & Albany Ted SB E & Too Filnt & Press Marge Tds K.U Fie S. & al Bu Am Ray ‘Lex Cenk Pullstan Palace Union Publi Creeere Whee Verte Minolta Steel Houas Bloc Allouez Arnold Weenie Ae Atlante Sete Bonanza Pee Catalpa Sewer Huron Serene National Quincey Santa Pe Veneer Campobello Uayr Mavetick Newport Lamoine Payson Eeeaeenere San Diego Sullivan Winthrop Wollaston Atchison Lst Ll. T At, & Pac B& Ma I L. G L&w. Mich Bol Con Vt SU Ygc Dig Elk H Oly Grits Stein Lin Central Utlandos Yas A Wilson W. Fay & Co State Street Union Beacon Electric Robinson Elec Mfg Gray’s Dynamo National Telephone Waerr al Desert & Astern Eastman Carpenter Aes Ing Py Pacific Air L. ’ . Seer Li, Koch Saat Pacific C.C.C Stl Central Pacific Ad Bay Ches Ohio Bay Tao Cy Is & Q St. L Ees E . Weesee del. & H East Tenn Fort Wayne Hocking Val Houston & Texas Ll. Central Long Island L. & Nash Louis Beach Sane Ceeseses Win St. Eeeees M. & Essex Chat Pers Paciti Northwest Ohio & Miss Ae Ee Or Noble Tees Pittsburg Reading Rich, & AL Ktock Island St. Paul Sabo Texas Lol & Co. C Utica & Lb Cattlerust Val Sexe Pnkon Ve P. Lata Lidty G. Lets S. F. Ll Caf Ran Tex P. Kk. G N.P. Isis Aeoe Shore N.W. Debs Beicher Ontario Con Vian Eidental Col. Coal Ophis Quicksilver Crown Saint Chollar Wealth and Savage Neva Gould & Vabity Hale & Nor Warnt Gor Hock Hommestake Iforn Denver City Cable Brewster, Goby & Estabrook Couccess St NEW York Financial J. E. Carter & CO Bankers & Commission B&ckets Washington ST Une Retin Bis James & Abbot Liberty Square Western Farm Mortgage Trust Company Rialto Devonshire St Postoffice F. B. Rogers Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew J.C. Davis & CO. Bankers School Street John Jeffries & Sons Devonshire Street Coal Trade General Markets Grand Junctione Eastern Railroad East E.eeee Secesescress
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