Money Market and Rail Utilities Outlook in April 1887
The April money market shows steady rates with loans on call at 5-6 percent and time loans from 5-6 percent, while clearing house balances and New York funds reflect firm conditions. April mortgage interest payments total about 661 million in New York with further distributions of dividends totalling around 31.4 million, plus government bond payments. Exchange rates hold firm, and stock activity remains active but uneven. Union Pacific and other rail trusts show varying movements, with reorganizations and consolidations shaping the market.
MENTIONED IN THIS ARTICLE
New York
Clark, Ward & Co
Fairchild
Treasury Department
Sterling Exchange
Atchison
Kiernan
Chicago
Terre Haute
Ind
Josephus Collett
Evansville& Terre Haute
Chicago & Eastern Illinois
Boston
Union Pacific
Cincinnati
Sandusky & Cleveland
Indiana, Bloomington & Western
Colorado
Springfield
Ohio Southern
Cincinnati, Sandusky & Cleveland
Little Rock & Fort Smith
Ttis
Exchange of Iron Mountain
New York Bo
Wisconsin Central
Callaway
Wabash
Cooley
United States Railroad Commission
New England
Russell Sage
Treasury Condition Report Reveals Assets and Debts
The report lists assets and liabilities of the Treasury from recent returns across assistant treasurers mints and assay offices. It covers cash balances, net cash on hand, and the reserve for redemptions, with mention of national banks and various bonds. The document also notes market activity with stock movements and bond details across multiple rail and utility names. It includes values for Mex Centine scrip and several land and water companies, reflecting broad holdings and the day’s market fluctuations.
MENTIONED IN THIS ARTICLE
Wasnixcros
The
Treasury
United States
National Bank Depositories
Pacific Railroad
U. S
Post Office Department
Panel and Exchange
Ac- Goiibe Beak Taedaak Eees
Treasury U. S
D. C
Financial market quotes from London and major exchanges
London market notes Consols at 101 15 16 for money and the account. United States bonds show 4s at 131 45, 44s at 112 14. Atlantic and Great Western firsts at 48 64, seconds at 12. Canada Pacific 64 ? Erie 103 14, Illinois Central 134, Mexican 48, St Paul 95, New York Central 115 %, Reading 204 4.
MENTIONED IN THIS ARTICLE
Northwestern
St. Louis
Arkansas &Texas Firsts
Erie
Chicago
London
United States
Canada Pacific
St. Paul
New York Central
Railroad changes at New Haven Hartford line announced
President Clark of the New York New Haven Hartford issues a general order detailing major shifts in the railroad’s management. Dowd resigns as commissary. new roles include purchasing agent Henry A Bishop, storekeeper W H Elliott, assistant engineer Stacy Opdyke, and comptroller H M Rochersperger who begins May 1.
MENTIONED IN THIS ARTICLE
New Haven
Clark
New York, New Haven & Hartford Railroad
Richard W. Dowd
Henry A
Bridgeport
Housatonic Railroad
Consolidated Road
W. H. Elliott
Dowd
Stacy P. Opdyke
New Haven & Northampton Railroad Company
H. M. Rochersperger
New York & New England
New Construction Plan For Mexican Central Railway Route
A city of Mexico special reports engineers led by Major John Earry are surveying the best branch line. They will pick the route from Iraputo to Gundajar and set the line at a measured pace, aiming to determine the optimal alignment for the Mexican Central Railway project.
MENTIONED IN THIS ARTICLE
City of Mexico
John Earry
Mexican Central Railway Company
Iraputo
Gundajar
International road to Laredo linked by Central line
Contractors and gangs gather at Iraputo ready to take contracts for small sections as General Manager Jackson assigns them. Guadalajaja rejoices at the prospect of a speedy line completion. Mr Huntington expects the Central main line to reach Laredo by September.
MENTIONED IN THIS ARTICLE
Iraputo
Jackson
Guadalajaja
Huntington
Laredo
Boston & Lowell appoints officers in new traffic role
A Boston & Lowell circular dated March 31 announces H. N. Turner as general traffic manager, George W. Storer as general passenger agent, D.C. Prescott as general freight agent, and C.S. Mellen as general superintendent. The traffic manager post is newly created with Turner moving from general freight agent. Storer becomes passenger agent, Prescott replaces Turner, and Turner moves to oversee traffic.
MENTIONED IN THIS ARTICLE
Boston & Lowell
H. N. Turner
George W. Storer
D.C. Prescott
C.S. Mellen
Mr. Turner
Mr. Storer
Ag Tuttie
The
Canadian Pacific
Ry. Prescott
Richmond and Alleghany Announces New Reorganization Plan
New York reports the Richmond and Alleghany railroad adopts a plan issuing 0 000 000 first mortgage 5 percent bonds 5 000 000 preferred stock and 5 000 000 common stock replacing existing securities Old first mortgage bonds receive 100 percent in new firsts 37 percent in preferred stock and 80 percent in common stock Old second mortgage bonds gain 53.4 percent in preferred stock An assessment of 6 percent on old stock funds receiver certificates and old stock then can get 70 percent of face value in new stock Credit is given for the 210 paid under the old plan to stockholders under the new plan.
MENTIONED IN THIS ARTICLE
Mexican Central
Fitchburg Preferred
Hoosac Tunnel
Fitchburg
Hoosac
Dock and Elevator Company
Troy
Boston
Daniel Robinson
Troy & Boston
George Hayward
West End
Charles Iver
Reston
San Diego
Frenchman’s Bay
Aspinwall
Boylston Street
Transcript
Joliet Steel
Richmond & Alleghany
New York
Richmond & Alleghany Railroad
Poston and Maine Railroad Stock Listing in Boston
Share listing shows 3 shares in the Poston and Maine Railroad Group with 100 shares intr and entry for Boston Consolidated, 8t. Ry. Co. Boston and Lowell, RK. B. Hill Manufacturing Co. with notes on manufacturing and railway affiliations.
MENTIONED IN THIS ARTICLE
Intr
Poston & Maine Rk. R. Gt
Falls M’f'g. Co
Boston
Consol
Boston & Lowell
B. Hill M’f'e. Co
Boston & Providence K. RK
Massachusetts Cotton Mills
Hamilton Mfg. Co
Boston & Lowell RR
Alva
Also Mentioned on This Page
Trenton
Parkinson & Burr
Randolph National Bank
Falmouth National Bank
Central National Bank of Worcester
Manhattan Elevated Railroad Company
Manitoba Railroad Company
Devonshire Street
Kidder, Peabody & CO
Nassau St
Philadelphia
City of
Minneapolis
Kansas City
Portsmouth
City of Cincinnati
City of St. Louis
Omaha
Blake Brothers & CO
State Street
Water Works
C.hvenner
Congress Street
Foote & French
Northern Pacific R. R. Co. General
Northern Pacific R. R. Co
Northern Pacific
Oregon Short Line
R. R. Co
St. Joseph
Grand Island
Santa FE & California R. 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
Boston Stock Exchange
Ard
HN Hoey Oh
A. T&s LP
At & Pace
C.K & Wine
Do Scrip Pr
Aspinwall la
Brookline Ld
West End Land
Paas Aévoce
RiGy
Boston Land
Auth
Wollaston
Rite Athens A
Ces
A&p
Cb & N
M & B Bs
Am Bel Tel
T&s
K & Wine
M *S
Det
NE Tel
Ironton Iron
Quincy
Lamson
Brookline Land
Frenchman’s
Cb&q
F&pm
Ny&ne
U Pac
Wis
A& Pine
T & SF
T&sf
Eastern
Cal So Inc
East Illion
Nye&nbg
So Kan
Bell Telephone Tel
Breece
Dunkin
Osceola
Quincey
Boston WP
Maverick Ld
LF &Scy
Old Colony
Northern
Pullman
Lou & Mo Riv
NY &Nhe
Ove
Cawane Es Central
Exewas i
Wisconsin A
Atlantic & Pacific
Bell Telephone
New England Telephone Aspinwall Land
San Diego Land
Boston Water Power
Atlantic & Pacific Incomes
Eastern Railroad
Boston & Albany
Boston & Maine
California Southern
Central Mags
Cleveland & Canton
Chic, Burl & North
Chi
East
Illinois
Cin
San
Cleveland
Flint & Pere
Falls
Cereceerees
Qld
Oregon
Ecse
Dopref
Eseesees Allones
Sweecueses Atlantic
Donanza
Mont
Calumet & Heels
Eles Catalpa
Franklin
Dronton Lion
Tenewee
Balances
Aance
Navy Pension Fund
Total
Transportation Service
Oma
Eiactne Waatardat
Wivelur
Pacific
Northwest
Raileo
DOR Es Snans
N.Y
N. Y
N.E E
Ohio Central
Ohio & Miss
Panama
Ve Roch
Pitts
Rae Rock Island
St. L
St. P
Riek
OR Bee Dales
W.P
TIROE
Cecetecers
Texas Pacific
U, Pacific
Parifie Mail
Rove Hag Pullmen Pal
W. Onion
Ceva Ti
BS Comvcomd
Seansccoe
Merch Ai. Cen
Aos
N. W
P&p
P. Jats
T. G
Taos
P. L. G. Tata
Den
Fex
P. K.G
N. Pac
U. Pac. Lets
O. Nav
W. Shore
Adams
American
Wells Fargo
Amnador
Plymouth
Quicksilver
Col
Cou.c.& Va
Santiago
Cristo
Nevada
Stanislaus
Noggios Sango Tenn. C
Ontarlo
California
San Francisco
Cal
Alta
Mono
Mount Diablo
Sierra Nevada
Crown Point
Union Con
Ie Gould & Carr
Utah Neots
Hale & Norcros
Frie Tel
Lamson Sid
Dliv
C & Hee
Boston Ld
Brookline la
Aspinwall Ld
Frenchman's Y
A & Pac
B&a
Seeenee B&m
Weave B&p
Maine
Ee Ee Union
CWEEN
National Bank
District of Columbia
Erie of Rt
Wilson W. Fay & Co
Reece
Martin White
Bo Reece
Lord Acoustic
Ae le
Gray's Dynamo
Qho
Pacifi Ae
Air L. Pref
B.C. R
Nae
Pacific Fae Tae
Ohio
Alton
Eae
Esse Ieee Bret
Maee
C Cinve
Col. Ory Col. & BE. V
del & H
Dal. & L
Be' Sa, Ly Soie
RB G
Eris
East ‘Tenn
Fort Paytic
Han. & St. JO
Houst
Tex. i. Central
Eas. & Tex
Shore
Long Island
Lou
Man
Peach
Eer
Mar, & Cin
Memphis & Ch
Mich
Central
Eeee Minn
NEW York Financial
Foreign Financial Markets
New York, New Haven & Hartford
Medical
Humphreys
PRICE
Omeopathic
Humpreys Medicine CO
Fulton St. Xe
U. S. Govn't
J. K
Humphreys’ Med. Co
Fulton St
ADIES
Pennyroyvats
Caichester
Eneise
Chichester
Chichester Chemical CO
Penn
I*ruggists
Auctioneers and Commission Merchants
Ex Steamship ‘Pontiac
Balance of Cargo
Fiske’s Wharf
Steamship
Dodona
Catania Oranges
Palermo
Catania
Pier 1
South
C. F. Libbie & CO
Washington Street
Park Theatre
William T. Brigham
Sandwich Islands
St Ti
Massachusetts Title Insurance Co
Melk ST
Nathaniel J. Bradlee
Arnold A.rand
Albert Howe & CO
Market Street
Brighton
Hyse and Corcings
Estoom
Warren Avenue
Richards & CO
Reade St
Joan C. Welmerding
Wilmerding Hoguet & CO
White St
Townsend & Montant
Leonard Street
BR. LL. Day & Company
State St
Merchants’ Exchange Building
First
Albany
M. L
West Michigan
Conn
River
New London
Norwich & Worcester
Cheshire
Peterboro
Evansville
Worcester
Nashua & Roch
Natl. Rubber Co
Asiatic Natl. Bank
Salem
Naumkeag Natl
Meremitile Natl
First Natl
Naumkeag Lion Cotton Mills
O— Asiatic Natl
Merchants’ Natl
Old Boston
Boston Duck Co
Tremont and
Suffolk Mills
Franklin Co
Lewiston, Conn
Eareveee Ra
Little Rock
Massawippi Valley
Guar
Pass
Rivers
Faneuil Hall
Chicago Rolling Mills
Cambridge Gas Light Co
Boston Cyclorama Co
Reece Button Hole Mach. Co
Navumkeag Steam Cotton Mills
City of Des Moines
Maine Central Rd
Pheblo
Arkansas Valley Ry
East Boston Gas Co
Francis Henshaw & CO
Merchants’ Exchange
Suffolk National Bank
Eames Vacuum Brake Co
National Union Bank
Connecticut River RR
Cambridge RR
Freeman's National Bank
Bates Manufacturing Co
Russell Mills
Naumkeag Steam Cotton Co
Eee
JLB
Do Bowker Fertilizer Co
Connecticut
Vermont & Massachusetts RR. Co
Bank
Sioux City& Pacific RR
Chicago & Northwestern RR
Fort, Scott, Southeastern & Memphis RR
Jvluu
Topeka & Santa Fe RR
ueAg
Burlington & Quincy RR
Chicago, Burlington &Quincy RR
Rich Hill RR
Point of Pines Co
Atlantic Cotton Mills
Cheshire RR
Boston & Maine RR
New York & New England RR
N. H
Pacific R. BR
Ft. Smith Ry. Co. Scrip
Ilo Do
City
Fr. Scott
Gulf RB
KS Lin
Lynn
R. Knights & CO
Main St
Cambridgeport
Bulfinch Place
Bulfinch 4