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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Sep 24, 1889

Page

6

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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