New England and Canada Trade Hearing Details
A Senate committee on commercial relations with Canada held a hearing in Boston. Witnesses including John L. Batchelder and F H Odiorne discussed coal duties, Nova Scotia imports, reciprocity, and commercial union. Contributions from Jonathan Lane Horace Tobey and Osborne Howes Jr covered industry impacts, labor with Canadian workers, and insurance trade. The session adjourned with debate continuing tomorrow at 11.
MENTIONED IN THIS ARTICLE
John L. Batchelder
F. H. Odiorne
T. Jefferson Coolidge
Jonathan A. Lane
Horace P. Tobey
Osborne Howes, Jr
Senate Committee On
Canada
Railroad Commissioners
Beacon Street
Genators Hoar
Massachusetts
Pugh
Alabama
Dolph
Oregon
Butler
South Carolina
Coal Dealers’ Association
Pennsylvania
Baltimore
Nova Scotia
Senator Hoar
Newport News
New England
Batchelder
Mr. Batchelder
F. H. Gdhorne
Jefferson Coolidge
Amoskeag
Manchester
New York
Boston Merchants’ Association
National House of Representatives
Remont Nail Company
Pictou
Mr. Tobey
Ames
Puch
New
Senator Pugh
Tobey
Claflin
United States
England
Railway moves spark Pacific line push to San Diego
A San Diego report cites “unquestionable authority” that the Union Pacific will use the California Southern line from Barstow to San Diego, sharing operation and paying a sliding percentage of obligations. Construction from Frisco south through Utah toward Cottonwood and the Colorado river is planned, with an 18 month completion goal amid Southern Pacific readiness to contest the move.
MENTIONED IN THIS ARTICLE
San Diego
Atchison
Union Pacific
California Southern
Barstow
Bay of San Diego
Frisco
Utah
Colorado
Southern Pacific
San Pedro
Dinner for Senate committee in Worcester noted
Senator Hoar hosted fellow committee members after the Boston session with a Worcester welcome. Senators Dolph Pugh and Butler attended along with city officials including Mayor Winslow and Alderman Harrington. The group toured Worcester after a midday drive.
MENTIONED IN THIS ARTICLE
Worcester
PreciaAu
Hoar
Senatorial Committee
Canada
Boston
Dolph
Pugh
Butler
Winslow
Harrington
Woodward
Rights Issue Details and Market Summary from Sept 12
Stockholders of record Sept 12 may subscribe to one new share for every four held at par. Subscriptions due by Oct 15 1889. payments due Oct 19 1889 and Apr 19 1890. Net market value and rights pricing illustrated. Money market steady with firm rate at 3 percent. New York and Boston markets show mixed activity. Bell Telephone and Atchison system earnings noted. rail and bond movements described with regional commodity outlooks.
MENTIONED IN THIS ARTICLE
Bell Telephone Suoge
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Reichsmarks
Aitchison
Kansas
Waterville
United States
Atlantic & Pacific
Union Pacific
Oregon Short Line
Denver, South Park & Pacific Reorganization Committee
Farmers’ Loan & Trust Company
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Northwest
Cleveland & Canton Preferred
Flint & Pere Marquette Common
Pullman Palace
Boston News
Che
Faithorn
Kansas City
Chicago-St. Paul
Soo
Minneapolis, St. Paul & Sault Ste. Marie
Sault Ste. Marie
Minneapolis
Bismarck
Canadian Pacific
Soo” Line
Northwestern Millers
Boston & Maine
Wisconsin Central
Bell Telephone Tost
American Bell Telephone Company
Trunk Line Meeting Discusses Commission Policy Shift
The Trunk Line Passenger Association met in New York at Commissioner Tuttle’s office and agreed to exchange certificates with the Western States Passenger Association. A letter from E. P. Wising of the New England Association dated Boston Sept 10 explained a unanimous board resolution to stop paying commissions for passenger tickets with limited exceptions for certain routes, aiming to resolve the Trunk Line board’s earlier issues. Directors were announced for the St Johnsbury and Lake Champlain railroad and consolidation moves for Concord and Montreal railroads were outlined along with early earnings reports from several rail carriers.
MENTIONED IN THIS ARTICLE
Chcaco
Interstate Commerce Railway Association
Northwestern
Western Freight Association
Eastern Lines
Great Lakes
Seaboard
Middle
St. Paul
Minneapolis
Chicago, Burlington & Northern
Hamblin
St. Paul, Minn
Soo
New York
Boston
Chicago
Western States Passenger Association
Trunk Line Passenger Association
Tuttle
E. P. Wising
New England Association
Trunkline
New England Roads
Vermont
Boston & Maine
Fitchburg
Canadian Pacific
Toronto
Trunk Line Board of Presidents
St. Johnsbury & Lake Champlain Railroad
St. Johnsbury
George W. Hendee
Morrisville
S.C. Shurtleff
Montpelier
H. E. Folsom
Lyndonville
Carroll S. Page
Hyde Park
George C. Lord
Samuel C. Lawrence
C. KE. A. Bartlett
W.T. Hart
Franklin Fairbanks
C. K. A. Bartlett
F. W. Morse
Messrs
Lord
Lawrence and Bartlett
Concord
N. H
Boston, Concord & Montreal
Concord & Montreal
Mining stock closing prices in San Francisco
The official closing prices today list several mining stocks with varied figures. Notable entries include American Micro, Occidental, and Crown Point, with values ranging from fractional dollars to around 7.25 for Cal. & Va. and 6.30 for Union Con, while others show small fractions or fractions such as 2.20 for Gould & Curry and 0.46 for Yellow Jacket.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Moxican
Heat & Belcher
Occidental
Chola
ODMIE
Commonwealth
Potosi
Sierra Nevada
Crown Point
Union
Gould & Curryseees
Yellow Jacket
Jiala & Norcross
Dividend Declarations From Major Companies
The Continental National Bank of Boston to pay a 3 percent dividend on Oct 1. Missouri Pacific declares a regular 1 percent quarterly dividend. Bell Telephone 3 percent quarterly dividend payable Oct 15 to holders of record Sept 30, books reopen Oct 16. Nashville Chattanooga St. Louis declares 1 4 percent dividend per Lehigh Valley Railroad 1 4 percent quarterly. Sanbury Lewiston Railway 8 percent semi annual. St Paul Railroad 24 percent on preferred stock.
MENTIONED IN THIS ARTICLE
Continental National Bank of Boston
Missouri Pacific
Bell Telephone Company
Nashville, Chattanooga
St. Paul Railroad Company
Trade Advertisements and Agents Across the United States
A fragmented list of sales agents and ads from cities including Augusta Allentown Birmingham Chicago Columbus Dayton Indianapolis Kansas City Memphis Ocala Omaha Portsmouth Rochester Richmond Savannah and more. Names such as D Hall of J Hall & Bros E Phelps of Phelps Dodge & Palmer Co W Richardson J R McKee G Ford W H Andrews J P Sidwell H G Slade L P Ross W R Phillips W Stern H W Lytle and A Einstein appear with varied business lines in a busy nationwide trade network.
MENTIONED IN THIS ARTICLE
Augusta
D Hall
J Hall & Bros
Allentown
Penn
Krause
Birmingham
Ala
Chalfant
Chalfant Bros. Raw
Tortsmouth
R Tracy
C P Tracy & Co
Rochester
L P Ross
Richmond
W R Phillips
R Phillips & Co
L Stern
Stern & Co
So Lows
G W Brown
Home Shoe Company
Savannah
A Einstein
Einstein's Sons
C Smith
Smith, Siuumons & l
Wall Street Roundup Stocks Slip After Forenoon Gains
New York markets show mixed activity as morning strength fades. Commodities remain steady with prime bank rates quoted, while railroad bonds stay quiet yet firm. By afternoon, stocks drift lower with Missouri Pacific, Louisville & Nashville leading declines. rails and others retreat though some issues rally briefly. Total sales reach about $1,059,000 with notable moves in Burlington Cedar Belafte firsts and Gulf Colorado Santa Fe seconds.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Missouri Pacific
Louisville & Nashville
Stock Exchange
St. Paul
Rock Island
Burlington
Cedar Belafe Soo
Gulf, Colorado & Santa Fe
Foreign Financial Reports From London and Paris
London market quotes show Consols at 976 16 for money and 977 16 for account. U S 4s at 180, Atlantic and Great Western firsts 36 42, Canadian Pacific 70 percent, Erie 21 1/2, Erie seconds 107 1/2, Illinois Central 120 1/4, Mexican ordinary 52 1/2, St Paul 76 48, New York Central 111 3/4, Reading 25, Spanish 48 3/4. Open market discount at 3 1/4 to 3 1/2 percent. Bank of England bullion up 49,000 pounds. reserve ratio 42.20 percent. Paris weekly Bank of France gold down 225,000 francs and silver down 975,000 francs.
MENTIONED IN THIS ARTICLE
D. D
Elk H
K.C
Ft.8
C. B
Ro & BY
Central
N.Y
N. Iis
P. D’o
Oregon
L. C. Con
Union Pacific
de Inc
Ateh &S. Fosse
Renee
Canton
Eastern
OS Fitchburg
Flint
P. M.com
Wees
K.C., Fus, & Guit
K. C
L. Re & Pls
L. Ep
St. Leece
Maine Central
Ieee
Sneer Ene
Old Colony
Rutland
POL Ss
Summit
Union Pacific Eee
West End
Wisconsin Central
Bellis
Erie
Burton Stock Car Co
Chi
Boston & Liverpool Co
National Land Trust
North Chi
Roll Mill
Tul
Agee Poe Rae Piso Ee
Sugar Refineries Co
Thomson-Houston
Lee
Uy Do Yref
Enews Go
Wit Pret
Oss Sesaien Aes
Thomson Lee
Buh Weatinghouse Elee, Co
Withnisimmet Co Sete Een
Kan
Tex
Lake Shore
Long Island
Man
Elev
Sewes
Mich. Cent
Rhee
Minn
SL. Ae
Pacific
M & Ohio
Wes Ener
Y Nash
Hat
N.d
Big
Northwest
Ohio & Miss
Pittsburg
Rich. & A Ae
St. P
Texas Pacific
D. C. Pref
U. Pacific
Utica & Blu
Peef
Oregon Tin
Pacific Mail
Esewe
Weet Ste
Pullman Pal
W. Union
R.G
P. m
rSt. P
Den.p
M K.& T.gats
N. J.C
Eave
W. Shore
AIA
Ontario
Eos Oan Ae Test & Belcher
Occidentale
Crown Fae Ee
London
United States
Atlantic & Great Western
Canadian Pacific
Illinois Central
St. Paul
New_York Central
Pennsyvania
Reading
Bank of France
Commercial Mirth of Steady Food Commodities
Market notes show wool flour and corn holding steady or unchanged while odds shift. Butter and cheese stay firm, pork and lard show fair demand, fruits vary from fair to nominal, and meats like fresh beef veer steady with minor changes across oats rye and beans.
Print Cloth Market Steady in Fall River Trade
The print cloth market remains quiet and steady at 3 4 cents for 64x G4s. Brokers report moderate business as the market maintains the same level and pace seen in recent weeks.
MENTIONED IN THIS ARTICLE
Fall River
Apple Cables Market Report From Liverpool and Glasgow
On Sept 12 the market for sound red fruit was stronger than prior sales with prices around 14s in Liverpool. Few Baldwins arrived yet. In Glasgow the market stood firm at 16 to 18s with shipments recommended.
MENTIONED IN THIS ARTICLE
Liverpool
Glasgow
Wheat market unsettled but peaks on late buying
The Chicago option market reports a volatile session with a late surge as outside buying intruded and a local operator sought to cover long wheat. Traders noted light outside activity, slim arrivals, and a general rut in the market before a sharp bulge driven by New York and St Louis orders.
MENTIONED IN THIS ARTICLE
Chicago
Gilman, Cheney & Co
Boston
New York
St Louis
Wool Trade Receipts and Prices Show Steady Turn
Weekly wool receipts total 4009 bales domestic and 1014 foreign, with total sales 1 942 600 bales. Domestic sales down from last year, yet inquiry from manufacturers remains strong. Prices current, buyers unwilling to drop, market gradually steadier as confidence returns.
Also Mentioned on This Page
Senate
Oak Avenue
W. W
Rice
J.H
Walker
Judge Thompson
Superior Court
J. Evarts Greene
Spy
Messenger Doherty
Railroad Matters
California
Ccc
Boston Stock Exchange
Miscellaneous Stock Exchange
Brokers’ Board
T. & S. Petr
Ae Atlantic & Pacific Inc
K. & W.inc
Chi. & W. Mich
St. Rock & Els
N. E
L. Cham. Inc
Pueblo & Ark
Val
Cent. Inc
Bo Am
Kell Tel
Lamson S.S
Bost. & Mont
Calearc de A
Boston & Albany
St. 2
San
Cleve
Flint & Pere Mar
N. BE
Ob Dé Puilman Pal
Car
West End Ry
Wheeling & L
Wis
Bos
Ottawa
Usw
F. R. Kt
St. J
L. C
Voss
Wis. Cent. Inc
Eeeseere Po
Bell Tel
Iitie
Tel
Asbe
Mastman Carpenter Co
West End Land
Bost
Mont
Maine
Southern
T&s. Fe
Ee C
Canton Yass
Caer
Union Poettic
Seer . Coy
Wayne Elec. Co
Mt. Des
East
Lead Trust
Thor,dous
Miee
Ccsess
Arnold
Atlantic Tee
Lionnuza Devel
Butte
Liveda
Catalpa Crescent
Franklin
Ironton
National
Yamarack
Ardinwoid Civicawcsio Ss
Lie Koston
Boylston Streets
Krookline
Campobello
King Mast
Dvoncn
Vonodsuog
Sullivan
Sal Biego
Ore
Liz
Worabon
Ll. G
LOUY
S. C
Kan. & W
W. Mich
Wilson W. Fay & Co
State Street
Penobscot Bay Land
Bonanza
AO Eastman
Catalpa
Lurton
Alt
T.H
At. & Pacific
Atehiaon
Peese
B. & Air
Peete. Oy
C. St. L
Ohio
Eo - Alton
Casio
P. Eenee
Ni&d
del. W. L
Itt & Ft W
Viet Tenn
Cess
Fort Waybe
Wagner Palace Car Company
Rio Grande Western
Ohio & Mississippi
NEW York Financial
J. E. Carter & CO
Bankers & Commission
Washington ST
Debee
Farm Mises
APPLE
City of
Cleveland
American Exchange Bank
New York City
Savings
Lamprecht Bros. & CO
Congress Street
Superior Street
Western Farm Mortgage ‘Trust Company
Rialto
Devonshire St
F. B. Rogers
Boston Tow Boat Co
Burr
Congress
THE
Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrihew
West End Land Company
Farnum,Reardon & Co
Eens
Finais
Novic
Eee Vans
Aresite Piies
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