Money Market Turns Dull Amid Mixed Bond Activity
The Boston money market remains dull with most Clearing House loans at 2 percent. Time loans span 4 to 6 percent while calls with collateral run 2 1/4 to 2 1/2 percent. Exchange totals show declines from last year and New York funds trade around 5 8 cents per $1000. Government securities hold steady and the Sugar scare fails to unsettle the market. Union Pacific earnings improve in August and several rail and utility issuers show mixed moves amid a broad, cautious tone.
MENTIONED IN THIS ARTICLE
Boston
New Yorks
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Secretary of the Treasury
Reichsmarks
Cammack
State Street
Northern Pacific stockholders urged to approve consolidated mortgage
The notice calls holders of preferred and common stock to vote on a consolidated mortgage of up to 160 million, with funds to retire existing bonds, expand branches and terminals, buy rolling stock, and fund dividends. Proxies urged by Sept 16 1889, with board supporting use of bonds per approved plan.
MENTIONED IN THIS ARTICLE
DOMAS
Eve
Henry Villard
Thomas F. Oakes
Charles F. Colby
Colgate Hoyt
George Austin Morrison
Charles H. Leland
J. H. Haggin
David H. Moughtaling
New York
Northern Pacific Railroad Company
Eevce
Multiple Companies Declare Dividends in Latest Reports
Leicester National Bank and National Bank of Commerce announce dividends 3 percent and 8 percent respectively. The Merrimac County Savings Bank of Concord NH declares 4 percent annually. Consolidated Electric Light Company NY and Norfolk & Western report 1 percent quarterly and 1.42 percent on preferred stock. Thomson-Houston International Electric declares 3.4 percent semi annual. Central & South American Telegraph 1.4 percent payable Oct 6. Dunkin Mining directors declare 5 cent quarterly dividend. Elms receives $5000. after payout about $29,000 in treasury and $10,000 more.
MENTIONED IN THIS ARTICLE
Leicester National Bank
National Bank of Commerce
Boston
Lewis Wharf Company
T Ae
Merrimac County Savings Bank
Concord
N. H
Consolidated Electric Light Company of New York
Norfolk & Western
Thomson-Houston International Electric Company
Central & South American Telegraph Company
Dunkin Mining Company
Elms
Dunkin Mine
North National Bank
Traders National Bank
Merchandise National Ban
Washington National Bank
National Union Bank
Market National Bank
Neponset National Bank
Merchants
National Bank
National Bank of Regau Py Ptt
Metropolitan National Bank
Columbian National Bank
Eagle National Bank Peer
Massachusetts National Bank
City National Bank
Lowell
Hill Manufacturing Co
Naumkeag
Sneer
Anchester Mills
Ibalg Iwtle
Hamilton Manufacturing Co
Jackson Palatesos Co
Leton Manufacturing
Goly
Pepoperell Manufacturing Co
York Manufacturing Co
Cocheco Manufacturing Co
Great Falls Manufacturing Co
Massachusetts Cotton Mills
Heston Manufacturing Co
Merrimack Manufacturing Co
Atlantic Cotton Mills
Ameskea Manufacturing Co
Nashua Manufacturing Co
Wee
Northern
N. HH
Rene Sane
Portamouth
Great Falls & Conway RR
Ka & Santa Fe
New York
New Haven & Hart
Eastern Electric Cable Co
Wakefield Ratan Uo
K& T. Fairbanks Co
Winnisimmet Co
Voylaton Mutual Fire Insurance ‘Co
Ransit Wiremen’s Fire Ins
Eliot Insurance Co
Homanza Devel’ Deseeenee
Cheshire Kit
Agus B
Montane Oat
Eastern RR
le Jiutte & Hoston
Union Electric Car Cor
Cal. & Hecla
Fall River
Cincinnati
Crescent
Renee
Minneapolis
Central
Santa Fe
Tich
Franklin
Lake Champ. RR
St. Johnabury
Val Konton
Phil
Wil & Talt
Nta Fe
Metropolitan Elep
Teleg. Co
Ogseeola
Tamarack Ee
Aspinwall
Boothbay
Loston
Hioston
Boylston Street
Lrooklin
Eeerees
Caimpovello
East Loston
Lamoine
Newport Wear
Payson
Penobscot
Sullivan
Topeka
West End
Winthropling
Wollaston
Atchison
Kan
Umts
Esse
Lazo
Ma SL. P
Lily
Fie
Bik
Ty . Ao
K. Am
S.J
Quotations Corrected From Boston Stock Exchange
This week’s issue notes wool concerns and a Western Mortgage collapse story. Exdlig and Northern Pacific preferred were weak while Tennessee Coal led gains, with Manitoba and Union Pacific among notable movers. Bonds showed modest activity and overall market closed with fractional gains and steady tone.
MENTIONED IN THIS ARTICLE
Wool Reporter
Awanna
Northern Pacific
Tennessee
Bears
Manitoba
Union Pacific
Canada
Pacific
Denver
Texas & Port Worth
Milwaukee
Lake Shore & Western
Louisville
St. Paul, ©. M
Pensacola & Atlantic
New York financials show dull bonds and active late trading
Money on call eased to 4 to 6 percent with last loan at 4 4 and closing at 5. Sterling exchange steady with 6 day bills at 4.83 and demand at 4.87. Tennessee Coal tumbled from 55 to 52 while unlisted trusts held steady. late session saw broad activity lifting Louisville & Nashville to about 79 and Sugar Trusts recovering after early losses.
MENTIONED IN THIS ARTICLE
Wisconsin Central
Chicago, Burlington & Quincy
Burlington & Northern
Boston Gas
Atchison Trust
Chicago, Kansas & Western
New Mexico & Southern Pacific
Southern Kansas
Chicago, Burlington & Northern
Eastern
Lvoston & Maine
Boston & Albany
New York & New England Common
New York
New England
Massachusetts
Bay State Gas
Krenchman’s
West End
Prime Mercantile
Sterling Exchange
Lake Shore
Lackawanna
Atchison
Northern Pacific
Tennessee
Manitoba
Milwaukee
Lake Shore & Western
Atchison, Union Pacific
Denver
Texas & Fort. Worth
Stock Exchange
Louisville & Nashville
Louisville
Bears
Burlington
Financial report roundup from London market notes
Foreign Financial Reports lists Canadian Pacific at 69 percent and Erie at 106 percent with Illinois Central at 120 and New York Central at 1114. Mexican ordinary shares trade at 51 and Reading at 23 percent. Open market discount rate for short and three months bills is 3 percent.
MENTIONED IN THIS ARTICLE
London
Canadian Pacific
Erie
Illinois Central
St. Paul
New York Central
Lewis Brothers Offer to Settle Debts at 57 1 2 Cents on Dollar
Creditors of Lewis Bros & Co, dry goods commission merchants in New York, are asked to accept 57 1/2 cents on the dollar, seven cents more than originally expected. Several creditors favor settlement and resume business. Related notices describe arrangements with Manville Co and Dunnell Manufacturing Co in Providence, and other distressed firms. George R Atkinson of Rockford fails. F L Darrow & Co seek extension. Burt & Snow creditors agree to 30 cents on the dollar.
MENTIONED IN THIS ARTICLE
Lewis Bros. & Co
Dry Goods Commission
Worth Street
New York City
Manville Company
Providence
Dunnell Manufacturing Company
Calico Printers
Burt & Snow
Nervous Debility Treated With Horsford's Phosphate
Dr. A. M. Bilby of Mitchell Dakota reports using Horsford's Phosphate in several nervous debility cases with very good results.
MENTIONED IN THIS ARTICLE
Horsford
A. M. Bilby
Mitchell, Dak
Commodity Market Snapshot of Steady to Firm Prices
The bulletin lists varied price trends across goods: leather steady, hides dull, boots firm, India rubber active, flour in demand, corn dull, oats quiet, rye flour unchanged, cornmeal steady, oatmeal dull, millseed quiet, cottonseed meal nominal, malt quiet, hops dull, butter firm, oleomargarine steady, cheese strong, eggs unchanged, beans steady, potatoes higher, poultry unchanged, hay steady, straw dull, truck steady, apples unchanged, oranges nominal, lemons unchanged, bananas slow, pork firm, lard active, hogs unchanged, corned beef slow, fresh beef steady, mutton quiet, lambs steady, veal unchanged, tallow quiet, molasses nominal, sugar steady.
MENTIONED IN THIS ARTICLE
India
Print Cloth Market Slumps Amid Flat Quotations
Fall River September 25 The print cloth market shows no life with quotations down about 3 to 4 cents and 1 percent for 64 by 64s. Dividends include Flint Mills at 3 4 percent and Tecumseh at 2 4 percent.
MENTIONED IN THIS ARTICLE
Fall River
Flint Mills
Tecumseh
Wool sales in London brisk with stronger merino values
The London wool sales on September 25 drew strong attendance as demand rose for fine scoured and better grades of greasy merinos, gaining about five percent. Total offerings reached 13,188 bales with detailed prices by region including Victoria New South Wales Queensland South Australia New Zealand Tasmania and Cape of Good Hope and Natal.
MENTIONED IN THIS ARTICLE
London
Victoria
New South Wales
Queensland
South Australia
New Zealand
Tasmania
Cape of Good Hope
Natal
Wheat and grain futures edge higher with light receipts
The Option Market notes a late day wheat rally as buyers return and prices firm. Corn trades subdued, receipts remain light, while oats hold steady. Chicago and New York futures show mixed gains with December wheat around 81 cents and corn near 28 to 41 cents.
MENTIONED IN THIS ARTICLE
St Louis
New York
City Horse Market Shows Fair Trade Despite Slow Week
The city horse market posts a fair week with big sales drawing outsiders. Isburgh & Co reports 123 head sold at fair season prices. other stables record moderate activity, notable high of 237.50 for a carriage horse and prices ranging up to 250. Additional sales at Colman & Son and Crescent Beach show steady demand, while foreign buyers purchase many head.
MENTIONED IN THIS ARTICLE
Isburgh & Co
Walker’s Bazaar
Messrs
Colman & Son
Crescent Beach
Welch & Hall
International
E Ham & Co
H& E Snow
Stock Dividend Offer for 309 Shareholders in Beeston
A limited amount of stock is offered at 2 dollars per share par ten, with price rising to 15 dollars in January. References include 309 stockholders. For full particulars contact WW at 17 Milk St Room 5 Beeston Mass.
MENTIONED IN THIS ARTICLE
Shars
Milk St
Beeston
Mass
Leather Trade Holds Steady with Broad Demand Across Tanned Goods
Market remains steady across leather categories with stable prices and solid demand. Export activity is modest but orders from prior shipments keep movement brisk. buffalo, calf, and grain leathers show steady to good interest with strict stock levels and selective pricing.
The Boot and Shoe Trade Updates
Market for boots and shoes shows little change with favorable conditions and an encouraging outlook. Buyers remain numerous and spring goods show mixed sentiment as some dealers report good orders while others lag behind prior seasons. factories are busy and fall orders are satisfactory, suggesting a bridged season.
The Hide Market Unsettled Prices Weaken for Hides
The hide market shows little activity with Buenos Ayres and Montevideo quoted around 15422 15%4c and no notable sales. Western buff hides are quiet with outside prices near 542c, far-point bids not exceeding 55%sec. Southern dry hides show small sales at 742 8c while Southern green salted bring 342 442c. New England hides remain in moderate demand.
MENTIONED IN THIS ARTICLE
Buenos Ayres
Montevideo
New England
India rubber market activity and price trends
The week shows strong demand and tight supply as manufacturers replenish stocks. New fine Para sells around 67 cents, old Para 70 to 71 cents, coarse new 4éc, and old 48 to 50 cents, with prices firm and higher across the market.
MENTIONED IN THIS ARTICLE
India
Also Mentioned on This Page
John G
Oregon Short Line
Utah Central
Utah & Nevada
Idaho Central
Ogden
Claus Spreckels
Thomson-Houston
Thomson-Houston Electric Company
Denver ‘Tramway Company
Northern Pacific. Railroad Company
Menery Villard
Colgate Hoy
Masachusetts Hospital Sife Insurance Company
NEW Bonded Syndicate
Financia
William H. Parmenter
State St
State of
City of
Somerville
Quincy
Boston United Gas
Poston United Gas
Irving A. Evans
Maine
Pearl Street
Boston Stock Exchange
Miscellaneous Stock Exchange
The
NEW York Stock Sales
BOA
E Trust
Hostein U
Neb
Fex
St. L. Con
Rutland
al Sell Ve
Eee
Ecene
Erte Tel
Ae Am
Tel
Canle Co
West Union Tel
Anniston City Land
Boston Water Power
Frenchman's
Iay Land
Lamoine Land
San Diego Land
Bost. & Mont
Nee Ir i
Atlantic & Pact
Boston & Alvany
Cal
Southern
Central of Mass
Tos Ustern
Fitchburg Coe Ga Mex
Eae
U. Gas
Oka Lowell & Lawrence
N.Y
le Ge
Ruthind
Hell Tel
Kay Lana
Ann
City Land
Lipston Water
Boy
Host
Mont (Cooper
Franklin Mining
Atlantic & Pacific
BO Nee
Pullman
Union Pacific Ee
West End Ry
Bay Wis
CONE
Am. Pneumatic Tool
Edison Whono
Toy
Mt. Les
Land
Hous
Elec
Ils
Nor. Pac
Lozl
Dol. D'O
L. C. Con
Kansas
Texas
Sonora
St.Jo. & G
Atlantic É Pacific
Boston & Lowell
Hoston & Maine
Hoston & Pow
Central of
Maia
Cley
Canton
Cnet
Sp. & Cin
Fitchburg 1
Flint & Fop
Analas Ser
Ft. Scott
Paris
M&k
L. Re & Fts
Maine Central
Abo Do
West
Ena
Wisconsin
Cceeeer
Bell
Eastman Car
Oson Jaumson
Pullman Valave Car Co
Cotton Oil Trust
Pneumatic
New York Despatch Co
North Chi
Koll Mill
Ae Weatinghouse Elec. Co
Wilson W. Fay & Co
LOU Santa Fe
Edison Phon. Toy
Unen. Tool
Mt. Desert
Sane
Winter Harbor Land
Les- Clossold Ing
Ing
T. Hew
At. & Pacific Teases
Sibly Atchison
Bk, & Air L
Chi
Amoi Ees
Hé&D
Iowa
Oort
del. & H
del, & L
Ste
East
IV. Lane
Hocking V
Kan. & Tex
Kings. & Pem
Lake Hore
Ais L. & Nash
Louis
Levras
M & Ohio
C. St. Wee
Ne & L
Ohio & Miss
Goo
Oregon S. Line
Vittsburg
W. Corns
St. Lyd& En
Tr & D
Exas Pacific
C. Pref
U. Pacific
Tau
Utica & KB. KR
Tees
W. & Li Ey
Tove Land and Miscellaneous Companies
Oregon
Im. Baer
Pacific Mail
Pullman Pal
W. Union
American Oil
BULL
Tenn
R.G
L D.& RG
We. F. D
P. H
Kan. P
Lise Liatigo
Pac
W. Shore
Alta
le Test
Ophir
Ontario
Potosi
el Cristo
NEW York Financial
Farnum, Reardon & Co
Seaboard
Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrihew
John Jeffries & Sons
Devonshire Street
California
Rene
John E. Welsh
General Markets
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