Money Market Steady Although Rates Rise in Boston and New York
The Boston money market closed steady with call loans 5 to 6 1/4 percent and best commercial paper at 5 to 7 percent. Boston stocks rose, led by Wisconsin Central and West End Land, while New York exchanges totaled over $108 million with higher securities and a lagging balance. The month of March 1887 showed broad gains in gross exchanges locally and in New York, despite some rate tightening and anticipated stringency in investments.
MENTIONED IN THIS ARTICLE
Boston
Time
New York
Sterling Exchange
Bank of England
Wisconsin Central
West End
Messrs. Adams, Blodget & Co
Oregon Railway and Navigation Company
Hough
London
Fort Scott
Messrs
Irving A. Evans & Co
Boston Stock Exchange
Atchison
America
Chicago, Burlington & Quincy
Chicago, Burington & Quincy Railroad Company
Calesburg & Rio
Nebraska & Colorado
Omaha & North Platte
Grand Island & Wyoming Central
Republican Valley & Wyoming
Oxford & Kansas
Republican Valley
Kansas & Southwestern
Chicago
Nebraska & Kansas
Beaver Valley
Colorado
Union Pacific
Oregon Short Line
Oregon
Little Rock & Fort Smith
Little Rock
Iron Mountain
Chicago, Burlington & Northern
Oregon Transcontinental
New
Northern Pacific
Chicago & Eastern
Illinois Central
New Orleans
Gulf Ports
Stevens
Mexican Central
Chicago, Kansas & Western
California Southern
Boston & Lowell
Central Massachusetts
Boston & Maine
Massachusetts
Wollaston
Frenchman’s Bay
San Diego
Bell Telephone
New England
Erie
Cordley, Young & Fuller
Arkansas Senate
Erie Telephone Company
Minnesota
Dakota
Arkansas
Texas
Ohio
Evie Telephone Company
Calumet & Heela
Quincy
Osceola
Allouez
Lamson
Bank dividends announced across several institutions
National City Bank of Boston declares a 2 percent semi annual dividend. First National Bank of Malden follows with 3 percent. Brockton National Bank offers 8 percent. Home National Bank of Brockton 3 percent. Mechanics National Bank of New Bedford 4 percent. National Bank of Methuen 24 percent. Vermont and Massachusetts Railroad Company 83 per share. Woodruff Sleeping and Parlor Coach Company 149 percent quarterly. Manitoba Road quarterly dividend 142 percent, payable May 2. Transfer books close April 11 reopen May 3.
MENTIONED IN THIS ARTICLE
National City Bank of Boston
First National Bank of Malden
Brockton National Bank
Home National Bank of Brockton
Mechanics’ National Bank of New Bedford
National Bank of Methuen
Vermont & Massachusetts Railroad Company
Woodrutt Sleeping and Parlor Coach Company
Manitoba Road
Western market buoyed by bull movement and notable buys
Toledo, Peoria & Western and Wabash trust receipts show gains as Western investors rally with the bull faction led by Armour and associates. St Paul stock dominates early buying. Armour and Mitchell arrivals anticipated. Grand Trunk rate cut news hinted but not market disrupting. Missouri Kansas & Texas bonds seen cheap. New York sales total 318,485 shares with daily price spread.
MENTIONED IN THIS ARTICLE
Toledo, Peoria & Western Trust
Wabash General Trust
W. S. Lawson & Co
St. Paul
Armour
Ream
Nat Jones
Mitchell
Grand Trunk
Missouri
New York Finances Reflect Muted Trading and Mixed Bonds
New York financial news from March 31 reports lighter money on call and steady sterling exchange. Government and railroad bonds show dull but firm and generally quiet activity, while the stock market climbs with St Paul, Union Pacific, Richmond & West Point, and Lackawanna leading gains. Fort Worth weakness appears late, but overall volume remains solid with a Severs movement noted.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
St. Paul
Union Pacific
Richmond & West Point
Lackawanna
Fort Worth
Iron Mountain
Arkansas
Foreign Financial Markets and Bank of England bullion
In London on March 81 US 4s quoted 131 1 2, US 444s 112, Atlantic and Great Western firsts 40, Erie 35, Erie seconds 1024 2, Canadia Pacific 6444, St Paul 9344, New York Central 11544, Reading 20. Bank of England bullion balance today 30,000 pounds, weekly increase 75,000. BoE reserve to liability ratio falls from 49.55% to 48.57%. Paris weekly Bank of France gold -2,975,000 francs and silver -650,000 francs.
MENTIONED IN THIS ARTICLE
Central ‘Town
Central Pac
Ches
Ohio
Pereteede
Ih Y
Del
East Tenn
St. Jo
Central
Ereeree Teva Hust. & Tex
Bradaaci
Kas, & Tex
L. E. See
Lake Shore
Long Island
sys . a. PGY_ Lou
N. Voldba
Lou
Man
Beach
Mar
Cine
Eeesee
Memphis Kci
Tee
Easeeer
Mich
Sree
Annette Eeee Minn
Miss
Pacific
Nash, & Chat
N. J. Cent
Ae Sty
Tnt
Nortvrest
N.Y
Brood
Dino Antral
West
Oregon
Isis
Bell Telephone
Oregon Trans
New England
Panama
Erie
Pittsburg
Aspinwall
Reading
Brookline Land
Boston Land
Rich, & Dan
San Diego Land
Saek, Aire P
Ate
West End
Teae
Mytana
Boston Water Power
Tms
Rock Island
Atlantic & Pacific
Eastern Railroad
Mexican Central
New York
Texas i Pacific
U. Aee
Wisconsin Central
Utica & I Int
Atari. & Pacific
Boston & Maine
California
Southern Tee Fet
Central Mass
Pacific Mail
Babel
Cleveland & Canton
W. Canyon
Ste Aeee
Chic
Burl & North
American Oil
At& Pacine
Burl & Quincey
Bambtseghiene
Ke&e
Chic & West Micapan
Ara Ree
Tol Cin
San
Cleveland
Flint & Pere
N. W.e
O. Iowa
Lamson
Sear Seee
Bspringfield & Mem
Aspinwall Ld
Ney
Boston la
Colinton & Springfield
Boston
Little Rock & Ft Beek
Mary, Hough
England
Ween
de Pref
At & Pac
Union Pacific
U W. Shore
Allouez
Nee
the American
Wels
Fargo
F&pm
Arnold
Serene
Atlantic
Mex Cent
Tenn
Bonanza
Alice
Belle Isle mLia Ete
Montana
Amador
Axe
Ontario
Ny&ne
Calumet & Heeln
Plymouth
Queksilver
Franklin
Terra
Santiago
Cristo
Trenton
Osceola
Lai Stanislaus
K & Wine
Cal
I Ev & St L
Wilson W. Fay & Co
San Francisco
Best & Belcher Plese
M& Ib
Savage
Kansas
Crown Point
Sierra Nevada
Gould & Curry
Hale & Norcross
Ae Ag
Dankin
Este
Brie
Boylston St Ld
Hiertoston
Frenchman's Bay
West End Land
T&s Fe
A & Pac
Stee
B&a
Eeee
B& M
B&q
F&p M
Lf& S Cy
NY &Ne
Ogd & Lake Champ
Pullman
TTD
Ceeseensas Gol
Sete Ao Rer
Ween Ee
San Biego
A& Pinc
B& N
London
United States
Great Western
Canadia Pacific
St. Paul
New York Central
Bank of England
Paris
Bank of France
Avery Street Murder and Gambling Case Heads
Police searched the No 10 Avery street gambling room for a stray bullet fired by Albrecht at Flanigan. it was recovered near an ash barrel but struck the barrel and fell away. In Superior Criminal Court, Lannahan was adjourned indefinitely while Flanigan’s case was continued pending his injuries from the attack. Monongahela Monogram whiskey is touted as pure and aged for medicinal use, from Carstairs McCall & Co Philadelphia with Horace Woodbury Boston as New England agent.
MENTIONED IN THIS ARTICLE
No. 10
Avery Street
Albrecht
Flanigan
Eichhorn
Superior Criminal Court
David Lannahan
Edward Flanigan
Lannahan
Fianigan
New York
Boston
Jessrs. Carstairs, McCall & Co
Philadelphia
Horace
Woodbury
Broad Street
New England
Wool and food markets show mixed firmness and decline
Market notes report sluggish wool and uncertain flour with oats and oatmeal steady. Prices for butter cheese and eggs remain firm while beef, sugar and molasses hold steady. A dense wool sales table lists weekly amounts and prices across regions, with buyers including Loum Snow and John Corden among others.
Wool Market Steady But Sluggish Amid Tariff Talks
The wool market shows no change with sluggish trade and buyers holding concessions. Domestic and foreign sales totals are reported, while debates over Donskoi wool classification persist at Treasury and naval levels regarding scoured versus washed wool and tariff implications.
MENTIONED IN THIS ARTICLE
Treasury Department
New York
Department
Ohio
Pennsylvania
Michigan
Boston Chamber of Commerce reports first annual statistics
Through the kindness of Mr. W. H. Pearson secretary of the Boston Chamber of Commerce we have received an advance copy of their first annual report. This report is filled with valuable statistics relating to the commercial interests of Boston and Mr. Pearson deserves great credit for the accurate and readable manner in which the report is presented. It is a book that should be found in every merchant's counting room.
MENTIONED IN THIS ARTICLE
W. H. Pearson
Boston Chamber of Commerce
Boston
Pearson
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire St
Boston, Mass
Nassau St
Baring Brothers & Co
Europe
British Provinces
Devonshire Street
Burlington
Dake Brothers
Santa FE
R’'Y CO
California Southern R. R. CO
Atchison, Topeka & Santa Fe R. R. Co
Kingman, Pratt & Western R. R. CO
Wichita & Western R. R. Co
Gulf, Colorado & Santa FE RR. Co
H. D. Kyle
New York City
R’wy & Navigation
Owa Falls
Sioux City Rockee
G. A. Venner & Cb
Treet
City of Providence
Worcester
Charlestown
Lawrence
Toledo
Canton
Miami County
Bur
Mts Southern Kansas
Spokane & Palouse
Valley Railway of Ohio
ADAMS
Congress
Foote & French
Northern Pacific R. R. Co. General
Northern Pacific R. R. Co
R. R. Co
St. Joseph
Grand Island
City of
Minneapolis
Kansas City
Portsmouth
City of Cincinnati
City of St. Louis
Omaha
Blake Brothers & CO
State Street
New England Mortgage Security Co
M. Highest. Lowes
Bell Tel
Aeee
Boston WP
Brookline Ld
Eeenee
Seneee A
T&s F
BSA
LP &S Cy
Ny&nh
A& Pine
SF & Calls
OO CO
K & W Ha
Sp & M
Ev & St L
Uae
Bell
Ewe
Huron
B& A
T&l
Be& Q
Fitchburg
Nys&ne
Old Colony
Wisden
NEW York Financial
Foreign Financial Markets
S. Ve Ease Bie
Providence
L Pnbaurper
Buffalo
Edward Hale
Millbury
Mass
Perry
Brighton
Kentucky
Canada
Delaine
Iseheba Real
Maine
Oregon Fine Valley
Oregon Medium Valley
Montevideo
Australian
New Zealand
Total
Territory
Blige
Bush
Newport News
Baltiimore
N. Orleans
Richmond
United Kingdom
Michigan Stone
Canada Superior
Canada Western
Eastern
Chamber OF Commerce Report