Money Market and Stock Digest from Boston
The Money Market report shows a quiet opening week with transactions at 2 ¼ percent and time loans 4 to 6 percent. New York funds traded at 10 1/4 to 10 1/2, with bond offerings totaling 107000. The Boston bank surplus rose by about 249,000 to 1,250,228, while the local stock market remained dull though sugar showed slight activity amid broader trading.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Secretary of the Treasury
Frances
Reichsmarks
Logue Coss Tee
Inc
Apchis i Ca
Atchison
Southern Kansases
Texas
Chicago, Kansas & Western
Kansas City
Clinton & Springfield
Memphis
Birmingham
Burlington & Quincy
Messrs. Watson & Gibson Wire
Chicago, Burlington & Northern
Burlington & Quincey
Chicago & Eastern Illinois
H. H. Porter
Brazil
Eastern Illinois Railway
E. J
Milwaukee & St. Paul
Chicago & Northwestern
Chicago, Burlington & Quincy
Hill
Manitoba
Adams
Northern Pacific
Northwest
Union Pacific
Flint & Pere Marquette
New Zealand
Massachusetts
West End
Ine
Boston & Montana
Lbs. Con’r. Oz. Sily’r, Pe
DOT
eOe
Spreckels
Post
Dividends Declared by Banks and Companies
Quarterly dividends announced include Boston & Colorado Smelting Company at 24 percent. First National Bank Salem proposes 3 percent, payable October 1. Pacific National Bank Nantucket also sets 3 percent, payable October 1.
MENTIONED IN THIS ARTICLE
Boston & Colorado Smelting Company
First National Bank
Salem
Pacific National Bank
Nantucket
North Pacific Railroad stockholders urged to vote on consolidated mortgage plan
A notice from Northern Pacific Company invites preferred and common stockholders to a October 17 meeting to approve a consolidated mortgage up to 160 million gold bonds with 5 percent interest. Proposals include retirement of existing bonds, funding for branch lines, terminals, rolling stock, and a dividend reserve. Proxies requested for both the preferred and general meetings and a board directive outlines recommended bond use and dividend provisions.
MENTIONED IN THIS ARTICLE
Cessee Eas
Menkry Villard
Thomas F. Oakes
Charles F. Colby
Colgate Hoyt
George Austin Morrison
Charles HM. Leland
J. WE. Haggin
David MW. Houghtaling
New York
Northern Pacific Railroad Company
New York Finances Market Stagnant Amid Mixed Movements
The New York stock market opened dull with retail activity dominating outside Louisville and Nashville and the trusts. Louisville & Nashville led a volatile day, opening lower, then rising to 79 and closing near 79. Jersey Central also surged, reaching 123 1/2, the highest price yet recorded.
MENTIONED IN THIS ARTICLE
New York
Louisville & Nashville
Toom
Jersey Central
T He
London Market Rates and Bank of England Balance Report
London market notes show Consols at 71 16 for money and 97 for the account, with Canadian Pacific at 70, Erie at 29 1/4, and Illinois Central at 120 1/4. Open market discount stands at 3 3/4 percent. Bank of England balance today records £15,000.
MENTIONED IN THIS ARTICLE
London
Consols
Canadian Pacific
Erie
Ilinois Central
Pennsylvania
Reading
Paris
Atlantic & Great Western
Hines Central
Bank of England
Glass plants in Illinois sold to United Glass Company
Chicago report states United Glass Company of New York, capitalized at 3 million dollars, has purchased window glass works in Streator Ottawa Rock Island and other Illinois towns. Stockholders in local companies have offered shares for stock in the Trust company to consolidate about fifty five factories under one management with main office in New York.
MENTIONED IN THIS ARTICLE
Chicago
George F. Kimball
United Glass Company
Ilinois
Streator
Ottawa
Rock Island
Kimball
New York
United Glass Company of
Vrust
Weather crop bulletin reports mixed New England conditions
The week brought favorable pastures in northern New England and rain aiding soil work. In the south damp, cloudy weather started germination of threshed grains. corn in shock moulding. buckwheat sprouted. Connecticut tobacco sweating. some late crops rotted. Silos filled with winter fodder. apples ripened earlier. overall crop expected to be average with wind damage.
MENTIONED IN THIS ARTICLE
The
New England Meteorological Society
New England
Connecticut
Annual Returns of Local Railroads Open to Public
The Interstate Commerce Commission prompted local roads to file twelve month statements ending June 30. Reports from Boston & Maine Eastern Old Colony Boston Providence New York & New England New York New Haven Hartford Fitchburg Cheshire Boston Revere Beach Lynn Connecticut River Providence Worcester Boston Winthrop Shore Union Freight Housatonic New London Northern show gross earnings, expenses, net income, surplus, liabilities, passengers carried, freight tonnage, and staff figures. A stockholders meeting for Boston Winthrop & Shore is set for Sept 27 to decide on discontinuance of part of its line and related real estate release.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
Boston & Maine
Eastern
Old Colony
Boston
Providence
New York
New England
New Haven
Winthrop & Shore
Union Freight
Housatonic
New London
Kastterrn
Boston & Providence
Olp Coloony
Hartford
TOL Hib
GJ. KircHsu RG
Cikshire
Revere Beach & Lynn
Connecticutr Rivier
Providence & Worcester
Winthrop & Suore
Union Frescot
Hovusaronte Railroad
New Loxnpon Northern Railroad
Boston, Winthrop & Shore Railroad
Winthrop Shore Land Company
Local Insolvencies and Attachments Across Several States
M. E. Cook a Burlington Vermont fruit dealer and Johnson & Greenan also of Burlington have been attached. Myer Hart a Denver pawnbroker is attached for 4300 dollars. F A Eldredge of Brenham Texas has assigned. The Bertram Manufacturing Company of Rockville Connecticut cloakings and worsteds settled with creditors and resumed operations. E A Batcheller Co of Boston and North Brookfield boot and shoe manufacturers filed a petition in insolvency and submitted an offer from a Saturday creditors meeting.
MENTIONED IN THIS ARTICLE
M. E. Cook
Burlington, Vt
Johnson & Greenan
Myer Hart
Denver
Col
F. A. Eldredge
Brenheim
Tex
Bertram Manufacturing Company
Rockville
Market Quiet Elsewhere Flour Data Show Mixed Movements
Commercial notes report varied activity across commodities. Butter remains strong while oleomargarine gains momentum. eggs and pork stay firm, lard active, and potatoes firm. Several grains and feeds stay dull or quiet with several items listed as steady or nominal in demand.
Print cloth market opens quiet at Fall River
Fall River reports the print cloth market opening quiet and steady with prices down about 3 percent for GAx64s and a slight decrease in other fabrics. Local dealers note subdued activity as buyers hold back.
MENTIONED IN THIS ARTICLE
Fall River
The Option Market Wheat Rises Amid Short Covering Rush
In Chicago on September 23 a strong late session lifted December wheat amid a limited supply and local short covering. Corn followed wheat higher while provisions and hogs saw firmer quotes. Foreseen domestic and foreign demand shifted, with traders expecting larger visible supplies but also active outside buying for tomorrow.
MENTIONED IN THIS ARTICLE
Chicago
Gilman, Cheney & Co
Boston
The Dry Goods Trade Forecasts Steady Autumn Market
Weather earlier in the week curbed buying but improved conditions have boosted demand for seasonable goods. Jobbing trade remains active with mail and wire orders supporting stock replenishment, while margins profit remain slim. Cotton goods show firm stocks and potential price support, with yarns and fancy prints selling well and export demand quiet.
MENTIONED IN THIS ARTICLE
Commission
Boston Seeks 500000 Bond Loan for Sewerage System
City of Boston through Treasurer Alfred T Turner invites sealed proposals by Sept 24 1889 for a 500000 loan to fund sewerage improvements. Bonds issued as 1000 each with 3 ¾ percent interest paid semi annually and secured by sinking fund. Proposals opened in Mayor's office with mayor and city auditor present.
MENTIONED IN THIS ARTICLE
City Hall
Boston
Mass
C Council
Treasur
City of
Huesday
Alfred T. Turner
Bosto
Stock for sale at twelve per share in January 1890
References list notes a limited amount of stock for sale at 12 per share with par value 10. Price wills 15 in January 1890. For full particulars call or write WWW. Dates mention January and July, references stockholders, Boston address.
Woollen goods trade outlook lifts prices for spring orders
Good business is reported with White and Tip Ase offering for next summer trade. Very fair-sized orders for early season include zephyrs seersuckes and chambrays. Woollens remain firm as mills stay well employed and new spring cassimeres and worsteds await buyers. demand stays strong for dress goods flannels and blankets.
MENTIONED IN THIS ARTICLE
Haven
Fall River
Providence
Flour and grain price report and market recap
A market summary notes carload grain prices and flour quotations with today’s inspections and inventories across multiple cities. It records mixed corn and oats stocks, Boston elevators, Chicago steers, and New York receipts, with steady to firm pricing on wheat and flour and quiet retail demand ballast.
MENTIONED IN THIS ARTICLE
Farnum, Reardon & Co
Boston
Fcat Ec Cacs
Ime Aes Belye Dan
Minneapolis
Northern
Norl Northern
St Louis
New York
Steecks
Chicago
Bush
Whckts
Isc Sien Ceces
Piciees Bibles
Bso
Bcss
Iush
Bush, Bush
Isa
Poor Lintkebee Wee aGk
Sears
Eaiste
Millers
Minnesota
Wisconsin
Canada Superior
Canada
City
Also Mentioned on This Page
Wall Street News
Claus Spreckels
Wall Street
N, Peck
PTO
Pacific Company
Cenay Villard
Lemomas F. Oakes
Colgate Moy
Boston Stock Exchange
Miscellaneous Stock Exchange
Wilson W. Fay & Co
State Street
Passion
Fort Payne Coal & Tron
Aggas Sethe
Ieee
Goa
Csaco
Hocking Valley
Illinois Central
Ohio, Indiana & Western
International
Lake Shore
Gulf, Colorado
Santa Fe
Rochester & Pittsburg
Speey
KK & W Inc
Ae & W. Mich
Ftes & Mem
M.& J. Equip
L. Cham. Con
Hell
St Ewee
Anniston City
Ull Frenchian
S Bay Land
Dina Ici
Atlantic Mining
Mont
Amarack
Eenee
Ioston & Albany Ener
Pere
N.Y
Pace
Play Cies
Union Pacific W
Atsb Ie
du Righis
Foxicon
Lainson
Atlantic
Isost. & Mont
Pewahie
Poston
Albany
Central of Mass
Spion Ponte
West Ind Ry
Roy
Edison
Wayne Elee, CO
Illinois Steel
Fone
Lille
T Joston Stock Exchange
Si.kb
Anoncr
Bonanza Devel
T. Eve Cees Boe
Berne Wees
Wwe Central
Sisi
Franklin
ASPIN
Boothbay
Cie
Bostonyw
Boviston Street
Campobdello
Moston
Uly
Newport
Payson
Penobscot
San Diego
Popek Ee
Oort
Winthrop
Yollaston
L. G
Chi
Kun, & W
K. Ca
Sae L. KR
POS L
Mex
Central
Istine
Losly Nest &Nfe
Lood Goss
Oregon S. L. Gs
Pueb
A. v
Rutland
Southern Kansas
Wis
Railroad Companies
I . Oo
Athantic & Pacille
Boston & Albany
Ottaston & Lowell
Roston
Aid
Southern A
Masa
Bokeq
Anton Sane de Citas
River
Gs & C
M. Det
Fitchburg
Flint
Ft. Scott
L. R
Tf Mace
St. L
Maine Central
Owen Ati
Summit
Eastman Car
Larson Store
Lilly Pullman Palace Car Co
Securitie Am
Cotton Oil Trust
Amn
Pneumatic Tool Co
Burton Ee
Ts Oston & Liverpool Co
Elec Wening
Fort Wayne
Elec
Oo Louliness Steel Co
Jo Mt. Desert
Ast Shore
Voc
Malden Fectric Co
New York Despatch Co
North Chi
Sugar Refineries Co
Thomson-houston
Anne See
Thomson Elec
Westinghouse Elec. Co
Winnisininet Co
Cece
Pacific
Boul
Central Pacific
Ches
Ohio
Amon
Chieti
S.C
Lowa
East Tenn
Hocking Val
Eine Li
Ae & Pem
Ieee Eee
L. Kk
Long Island
Gses Nash
Bos
Olly
Minn
Ohio & Sits
WX West
lSbe
Br Prans
Pee Hess
Oui Ronev
OPICE
Utica
Ceca
Oregon
Pullman Pal Visi
Seer
Bot Co
Saori Os
Ee Ee Petrolett Ny
Tte
Ld D. RG
St. G
F. D
Teg
Tex. P.R& Noite Lsts
Mit
Ss. & Wen Lle
Cal Y & Ou
Ward Con
NEW York Financial
Glass Trust
the Weather Crop Bulletin
Room
Eastern Barking CO
Milk Street
Francis A. Osborn
T. Merrinew
Western Farm
John Jeffries & Sons
Devonshire Street
General Markets