Boston Money Market Slows Into Greater Ease Amid Gains
The Boston money market steadies toward easier rates with business paper at 6 to 6.5 percent and double named paper at 5 percent. Calls on collateral ease to 4 to 4.5 percent. Clearing balances and New York discounts listed. Atlantic & Pacific, Atchison, and Frisco stocks show volatility amid talks of Gould and rail dealings. East Boston stock rallies as new officers and stock issuances are announced.
Dividends Declared by Railroads Across Lines
The Concord Railway Company declared a five percent dividend. The Baltimore and Ohio railroad board in Baltimore announced four percent on the main stem and six percent on the Washington branch for the past six months. The Huntington and Broadtop road declared two percent on its preferred stock payable in July.
MENTIONED IN THIS ARTICLE
Concord Railway Company
Baltimore & Ohio Railroad
Baltimore
Washington
Huntington & Broadtop
Market swings on April 13 with mixed gains and losses
Stocks opened weak with declines up to 4 percent in several rails and utilities, then rallied as Western Union and Wheeling and Lake Erie supported gains. Afternoon trading saw broad weakness again, with the day finishing moderately active and steady. Railroad bonds were traded actively, led by Jersey Central convertibles and other issues, while total NYSE volume reached 379,884 shares.
MENTIONED IN THIS ARTICLE
Louisville & Nashville
Western Union
Wheeling and
Lake Erie
Jersey Central
Manhattan
New England
Atlantic & Pacific
New York City & Northern Trust
Omaha
International & Great Northern
Venancola & Atlantic
Michigan Central
Richmond & Danville
Houston & Texas
Louisville, New Albany & Chicago
Market closes firm after cautious day on Wall Street
April 13 reports Money on call easy at 3 to 7 with last loan and closing at 3. Prime mercantile paper noted. Bar silver at 9644, Sterling exchange dull and steady. Governments dull but firm. Railroad bonds active and generally firm. Stock market less active after 2:15, declines checked, small rally from low prices. Jersey Central and Manhattan showed extraordinary strength in a day described as quiet yet well distributed.
MENTIONED IN THIS ARTICLE
Prime Mercantile
Sterling Exchange
Jersey Central
Manhattan
New York
Financial market snapshot from London trading floor
The report lists U S securities and Canadian Pacific with varied quotes and percentages including United States 4s at 132 and 449s at 11244, Atlantic & Great Western firsts 49% second 1284, Erie seconds 105, Illinois Central 133%, Mexican ordinary 65%, St Paul common 9534, Reading 23% and Pennsylvania 61 Ys Reading 23%.
MENTIONED IN THIS ARTICLE
London
United States
Canadian Pacific
Erie
Illnois
Massachusetts Total Abstinence Society report on license votes
At the monthly meeting of the board of directors held yesterday at 86 Bromfield street, Secretary Jewell presented a detailed report on license votes. Returns from nearly all towns show eighteen towns gaining license and thirty four losing it, with a net no license gain of 7064. State totals show yes 92013 and no 107384 in all but fifteen towns. The report also discusses Western temperance sentiment, Kansas and Iowa prospects, and Rhode Island's election result amid tightened enforcement assisted by liquor interests.
MENTIONED IN THIS ARTICLE
Total Abstinence Society
Massachusetts ‘Total Abstinence Society
Bromfield Street
Benjamin R. Jewell
Michigan
Chicago
West
Kansas
Iowa
New England
Rhode Island
Officers Elected At Channing Home Annual Meeting
At the annual meeting of the Channing Home yesterday officers were elected President Samuel A Green M D directors Charles P Curtis Theodore Metcalf Sarah G Cary Sarah KH Read Samuel A Green treasurer Theodore Metcalf assistant treasurer Miss Sarah G Cary clerk Charles P Curtis. At year end March 31 1886 there were fourteen patients. During the year twenty five admitted twelve died nine discharged relieved and four not relieved. The number remaining is fourteen.
MENTIONED IN THIS ARTICLE
Channing Home
Samuel A. Green
M.D
Charles P. Curtis
Theodore Metcalf
Sarah G. Cary
Sarah KH. Read
Charles P- Curtis
New York City and Northern rail bond deal outlined
Bondholders agree to a new 5 percent first mortgage bond of up to 1.2 million to cover the entire line including Yonkers. a second mortgage of 8.2 million. 6 million preferred stock and 8 million common stock issued. net earnings rules set 4 percent caps. thirteen directors to be chosen. transfer of claims from New York Loan and Improvement Company to the new entity. special subscription terms for present bondholders. A Northern Maine Railroad corporators meeting in Bangor selected directors for a line from Maine Central to Houston and Presque Isle with a planned preliminary survey and route planning.
MENTIONED IN THIS ARTICLE
St. Paul
Chicago, Burlington & Northern
Chicago
Louisville
Evansville
St. Louis
Mexican Central
Central Massachusetts Preferred
Boston & Maine-Boston & Yowell
Fitchburg
Old Colony
New York
New England
Lamson
Sys
NEW York City & Northern
New York City & Northern Road
New York Loan and Improvement Company
Yonkers
Northern Maine
Northern Maine Railroad Company
Houston
Presque Isle
Bangor
Llewelyn Powers
Geo I. Freeman
James W. Bolton
Decapit B. Hall
Henry C Sharp
Monticello
George P. Wescott
Portland
Wisconsin Midland selects L Anse Mich as port
The Wisconsin Midland Railroad Company names L Anse Michigan as the Lake Superior terminus and shipping port for its line from Fond du Lac to Florence Wisconsin. The route will connect the Meno mine iron range and allow direct access to the Marquette and Gogebic ranges enabling competition with several major carriers.
MENTIONED IN THIS ARTICLE
Wisconsin Midland
Wisconsin Midland Railroad Company
L’anse
Mich
Lake Superior
Fond du Lac
Florence
Wis
Menominee Iron Range
Marquette
Gogebic
Chicago & Northwestern
Duluth, South Shore & Atlantic
Milwaukee & Northern
Wisconsin Central
Milwaukee, Lake Shore & Western
Commission payments for ticket agents lifted by railroad
A confidential circular from Minnesota & Northwestern railroad offices directs ticket agents nationwide to continue paying commissions for foreign-line coupon ticket sales. The company states commissions will be paid to regularly authorized agents with properly filled vouchers, and similar instructions are reported from other Northwestern lines.
MENTIONED IN THIS ARTICLE
St. Pau
Minn
Minnesota & Northwestern Railroad General Offices
New York Central reports March earnings rise
The New York Central and leased lines show March gross of 2,919,810 up from 2,755,266, a gain of 164,544. For the quarter ending March 21, 1887, 8,089,351 versus 7,342,201, an increase of 747,160. Six months to March 31 reach 17,110,607 up from 14,218,802, a rise of 2,891,805.
MENTIONED IN THIS ARTICLE
NEW York Central
New York Central & Hudson River Railroad Company
Commercial matters note firmer prices across multiple goods
Wool shows a slight firmness while flour and corn stay quiet but firm. Oats rye and barley hold steady or quiet. eggs dull and beans in fair demand. Potatoes hay straw grass seeds and truck demand remain steady with overall firm provisions and very firm apples. No change to note in poultry.
Quiet Wool Market Hinges on New Clip Outlook
The wool market remains quiet with prices 2 to 5 cents lower than year start. Demand is light, buyers few, and manufacturers buying only for necessities. Kentucky’s clip is expected to be better, with healthier sheep and higher output anticipated. London and New York markets show varied activity, with steady or modest shifts in prices. Receipts show substantial year over year increases, notably in Bynton, while Chicago and St Louis quotes reflect subdued trading. The national wool convention will be held in St Louis May 11 12 14 with $1760 in premiums and notable speakers registered.
MENTIONED IN THIS ARTICLE
Ilinois Central
Maine
New Hampshire
Congress
Flint & Pere Marquette Road
Jersey Central Road
St. Joseph & Grand Island
Norfolk & Western Road
Chicago
Swift & Co
Erie
Lackawanna
Interstate Commerce Commission
Mobile & Ohio
Louisville & Nashville
St. Paul
Eastern Lines
Lake Shore
Cleveland
Pittsburg
New England
Pennsylvania
Interstate Commission For Relief
Alleghany Valley Road
Kentucky
Louisville
Bureau of Statistics
Ccc
London
Ohio
Michigan
Delaines
Texas
Oregon
California
San Francisco
Canada
Montevideo
New York
Territorial
Bynton
Asebo
Danu
Fepr
St. Louis
Territories
Missouri
Illinois
Kansas
H. Co. West
Harker & Pritchard
Also Mentioned on This Page
Boston
Atchison
Gould
St. Louis & San Francisco
Atlantic & Pacific Road
Seligman
Seligmans
Frisco
Atlantic
Atchison, Topeka & Santa Fe
Burlington & Quincy
Union Pacific
Chicago & West Michigan
Chicago & Indiana
R. P. Flower
West Michigan
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East Bluff
Wisconsin Central Common
Ditto
Lamson Company
New York Commercial Bulletin
Metal Exchange
London Cables
East Boston
East Boston Company
Silas Pierce
Isaac Pratt, Jr
John 8. Farlow
Allen Browne
Charles E. Moody
M. D. Ross
John M. Clark
Massachusetts
West End
Boston Land
Boston Post
New York& England
Union
Aimiou
Bonanza
Franklin
Huron
Quincy
Devonshire Street
Kidder, Peabody & CO
Nassau St
Philadelphia
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Kansas City
City of
Portsmouth
City of Cincinnati
City of St. Louis
Blake Brothers & CO
State Street
Water Works
C.h.venner & CO
Congress Street
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Randsland
Oregon Short Line
Northern Pacific
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Wei Natina
Asa PB. Potter
J. Work
Boston Stock Exchange
A&p Incw
Cs&c Lst
Con St Rycon
Mex Centine
Wis Cent
Boston Ld
Maverick Ld
Bay
Colim Lainson SS
A&p
Aeee
Ny&n
Rutland
Bee
Earee
Atlas National Bank
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T&s Fe Pt
State National Bank
Pac Inc
Seine
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People’s National Bank
Roxbury
Eli Gs
Exechane National Bank
Suffolk National Bank
Old Boston National Bank
Eliot National Bank
Lda
Market National Bank
Sonora
City National Bank
Howard National Bank
Eagle National Bank Seeeree
New Eng
Webster National Ban
Cal & Hec
At. & Pacific
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Air la
National Bank
Re & N
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Can
Quincy Aeoenreee
Llbe
Natona Bank
Central Pac
Aspinwall la
Exchange National Bank
Ches, & Ohio
Hamilton National Bank Oo
Freeman's National Bank
Blackstone National Bank
Chi
Alton
Maverick Land
Asiatic National Bank
Salem
Merchants’ National Bank
GUO
C&eu
Naumkeag Steam Cotton Co
East Tennance
Great Falls
Bates Manufacturing Co
Franklin Co
Lewiston
Fort Vary
Central
Secre
Continental Mills
Hill Manufaccturing Co
Kas, & Tex
Pass
Rivers
L.R
Fts
Sneeee
Cambridge Horse R
Long Island
Ey & St
Boston Consolidated Street
Giy
Meg C
Con
Vermont & Mass
Boston Consolidated Street RR
Memphis & Cin
Ny&ne
Toledo, Cin
Gang
Pave Pullman
Boston Gaslight Co
Lawrence Gaslight Co
Chelsea Gaslight Co
Manabi
I Briveen
E. M. Cordage Co
Plymouth
A& Pine
Ash McKay & Bigelow
Besex
Coodyear & McKay
Nash
N.d
Winnisimmer Company
Pacific
Ate Irana
Northwest
U.S
Samson
R & Ie N.E
Lobb
Ohio & Miss
Frenchman’s Bay
Boston Us
Los West End
Wollaston Ld
Cleveland Ts
Bae
A. Te SF
Dan
C& W
City
Ft. Scott & Gulf
Rock Island
Air Line
St. L
Topeka & SW
Allegan & G. Rapids
Geeues
B&q
Fasex Railroad
Aoevere Loos
Colum
Spring
Cinem
F& PM
Fairbanks & Co A
C. Paelt
Oakland Garden Association
Utica & B. & P
Soston
Albany
Pollman Pal
Anwapter
Ds. A
T&s F
Cenar Rapids & Mo
Pan
Eng. Mort
Cal Soine
Inn
Canbridge National Bank
D.& RG
Faneuil Hall National Bank Vt
Dp. & RG
W. Se
B&nis
Eagle National Bank
Hamilton National Bank
Everett National Bank
M& Bbs
Continental National Bank
Rpeevees
Sp & M
BP. L. G
Lou, Ey & St Los
Dave Eees
Ists
Den
PRG
Ax. Goup
TAS Mex
Atlas National Bank N. Pace
Pac
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Seconia
U Iw
Shore
Tremont National Bank
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Saler Express
NY &Ne Gs
Fargo
Naumkeag Manufacturing
Mansachriact's
Totton Mills
Chicopee Manufacturing Co
Ontario
A. Pan Ants
Amory Manufacturing Co
Amador Bartie Baoesee
Sereece
Atlantic Cotton Mills
Col. Cent
Quickanver. Ie Blee
Perker Aes
Gol
At& Pac
C.d& T
C&w
Boston Consolidated St. RR
Yellow Jacket
Cam Horse
Mass
Cambridge Horse RR
Connecticut River Railroad
Spr&c
Rivers Railroad
Cheshire Railroad
Earl, & Quincy RR
Astern
Northern Railroad
R&pm
Boston & Maine RR
Ev & St L
Cambridge Horse Railroad
Seeee
Rutland Railroad
Common
ODF
Lr& Fis
North Chicago Rolling Mills
Eeee
Idkoo
Old Colony Steamboat Met
Showalter Mortgage Co
Aim
Busell Trimmer Co
Salem Gaslight Co
Union Pacifi Ea Bal
Xi Lapretton
Nashua
City of Haverhill
Montgomery Works
Cincinnati
Bell
Lieland
Fkastman
Fae
Lynn Ga
Chiscago
Barli& Quincy
Cal & Hee
Chicago & Digs
Easee
Old
Colonia
Ironton
Boylston
Barl & Mo
Kansas Cy, Ltd & C
Chie
Barl & Quincey
One
1& L Ch
Iin
Fitch & N B
West End Land
Maine Central RR
Te & SF
Wi & Balt
Fitchburg RR
Bell Telephone
New England Telephone
Leavenworth, Erie Telephone
Eugek
Aspinwall Land
Brookline Land
Staan
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Ave Eastern Railroad
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Masa
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Cin
San & Cleveland
Cette
Flint & Pere Marg
Iowa Falls
S City
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Clinton & Springfiee Bees
Marg
Houch & Ont
Cessen
Cal
Bulwer
Mono
Hest & Heage
Mt. Diablo
Bodie
Ophir Ee
Chollar
Rees
Cal Vis
Sava
Gould & Curry
Hale & Norcross
Wison W. Fay & Co
Catalpa
Tol. Cin
Bloc
Matg
Busell Triumer
Bowie
Lord Acoustic Teles
Gray's Dynamo
NEW York Financial
Foreign Financial Markets
Channing
Railroad Matters
Bowker Fertilizer Company
Chatham Street
Boston Public Gardens