Money Market Gains Steam Across Banks and Stocks
Boston April 27 reports firmer money market with double-name paper at 4 5 percent and single names 5 6 percent. Clearing house balances varied while New York funds traded near par. Stocks rose with Atchison and California Southern gains, rail and electric utilities seen strong as dividends and earnings rise, including Boston & Maine and Osborn Mills.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterling Exchange
Atchison
Kansas
Missouri
Texas
Atchison, Topeka & Santa Fe
Indian Territory
Baltimore & Ohio
California Southern
Union Pacific
Oregon Transcontinental
Oregon Navigation
Oregon
Flint & Pete Marquette
Little Rock
Boston & Maine
Eastern
Boston, Concord & Montreal
Northern
Concord Railroad
the Journal
Concord
Manchester & Lawrence
Concord Road
Manchester & Keene
Pullman Palace
George M. Pullman
United States Circuit Court
Philadelphia
Central Transportation Company
Pullman Company
New York & New England
James W. Perkins
New York & New England Railroad Company
New England Road
Bim
V. Warre
The
Erie
New England
Exican Central
Wisconsin Central
Chicago, Kansas & Western
Southern Kansas Bs
Ogdensburg
Fitchburg Advanced
Troy
New England Telephone Company
Bond offering for Chicago, Burlington & Quincy Railroad bonds
The Chicago Burlington and Quincy Railroad announces a mortgage bond issue to fund up to 1500 miles of mainline plus a second track allowance, capped at 20 million dollars per mile, with 12 million planned for 1887. Bonds bear 4 percent interest, payable semiannually, with delivery anticipated May 2, 1887. subscriptions open April 26 to 29, 1887, at 98 plus accrued interest, and may be paid 10 percent on allotment, 50 percent by June 1, and the rest by August 1. Berlin emission also planned.
MENTIONED IN THIS ARTICLE
Chicago, Burlington & Quincey Railroad Company
Nebraska
New England Trust Company of
Boston
Kansas
Colorado
Dakota
Wyoming
Chicago, Burlington & Quincy Railroad Company
Mayland
New York
Berlin
Berliner Handels Gesellschaft
Financial houses and date listed for 1887 letters
August Belmont and Co of New York Lee Higginson and Co of Boston Kidder Peabody and Co operating in New York and Boston dated April 26 1887.
MENTIONED IN THIS ARTICLE
August Belmont & Co
New York
Semiannual Dividends Payable in May 1887
Compiled for the Boston Post by Joseph G. Martin stock broker. Lists dividends and interest payments due in May and November in Boston with some payable in New York. Notes forthcoming declarations by Essex Company Mercantile Marine Insurance Co Stony Brook and Wilton railroads. Coupons due May 2 and payable in New York on several Michigan Central and related bonds. Detroit & Bay City 8s and Northern Pacific Missouri division also noted. City of Boston has no debt maturing in May or November. The disbursements.
MENTIONED IN THIS ARTICLE
Boston
New York
Essex Company
Mercantile Marine Insurance Company
Stony Brook and
Wilton
Michigan Air Lines
Michigan Central
Air Line
Consolidated
Kalamazoo
South Haven
Detroit
Bay City
Ersten
Northern Pacific
Missouri Division
Hoston
Saloa
Pullman
UN Pac
At & Pac
K&w
Denver
Elk H
River
Ste
N.Y
B.e Q
Quincy
Aspinwall
Kant ‘Ity, Pring & 3
Boston Land
Boylston St la
Sabe Pac
Raneas Pate
Eee Co
Mort
Lynn
Lynn & Bos
Lynn & Los
San Diego
Sag
St. Louis Weat
B& Alb
C. Ees
B& Mo
CalBo
Mass
Fitchburg
M&b
JiRey
Cook Co
N.Y Mex
Ny&n
Rutland
Summit Br
Louisville Ky
Lowell
Bell Telephone
New England
Manchester
Erie
Aspinwall Land
Brookline Land
Wingee
East
O. Ee
Portland
Frenchman’s
St. Louis
Toledo
Atlantic & Pacific
Eastern RR
Mexican Central
Boston & Maine
Boston & Prov
Concord
New & Neland
Montreal
Wisconsin Central
Long Island
Man
Lawrence
Maife
Nashua
California Southern
Central Mass
Somerville
Cleveland & Ganton
S.c
Boston Belting Co
Chic
Bar & North
Eeseues Yee
Columbian
Bur & Quincy
Lowell Mach
Chie & West Michigan
OUI Manufacturing
I Cin
San & Cleveland
Bees Deeesae Sectes
Flint & Pere Marq
Mary, Hough & Ont
Lombard Invest
Usbment Security Mort
New York & New Eng
Mas. & Hain
McKay Metallic
Old Colony
N.E
Oregon
Osage Carbon Co
Igs
Union Pacific
Pal
Patna Nail Co
Allouez
Bonanza
Montana
Uviumet & Hecla
Franklin
Huron
Trenton Lion
AVRIL
Napa
Osceola
A& Pine
Atlantic National Bank
National Bank of Commerce
Merchants
PAB Bank
Boston W P
Exchange National Bank
Eagle National Bank
West End Land
Ao At & Pac
Wrens Taha
Suffolk National Bank
H& Alb
Tremont National Bank
K&l
Sean
Gloucester National Bank
C& M
Boston National Bank
Goly C
Eliot National Bank
Columbian National Bank
Ny&ne
Shoe and Leather National Bank
Val
Shia
State National Bank
Sae
Arereet
Psc
Abe Weh
Hills O
Blackstone National Bank
U Pac
Hide and Leather National Bank
National Oa Hne
Pry
Cal
Massachusetts Cotton Mills
Ho Inc
Lawrence Manufacturing Co
Ke& W Ha
Vepperell Manufacturing Co
Lancaster Mills
Wastern Gs
Lowell Manufacturin
Massachusetts Cotton J Tills
Naumkeag Meecotton Co
Douglas Axe Co
Ipeas
Sonora
Weedon
Id Colony
Ene
So Kan
Vermont & Mass
Saco & Portsmouth
Lamson
Alloues Geet
Rutland Railroad
Hidyoke Water Power
Franklin Suo
Jamaica Plain Gaslight Co
Turow
Clgie
E-Aia
Boston Gaslight Co
Trenton - Ae
Showalter Mortgage Co
Uiney Sas
Winnisimmet Company
Aspinwall Sd
Boot and
Horton Land
Burl, & Mo
Neb
Ae Sane Tia
Southern Pacific
Brookline Lind Ou
Consolidated RR. of Vermont
Kala, Allegan & G. Rapids
Acne
Frenchman’s Bay
Oso
Maverick Land
San Diego Li
People’s Natl. Bank
Roxbury
Howard National Bank
West End
Massachusetts National Bank
A. T&s Este
Freeman's National Bank
Lilly
Andover National Bank
B& Albwees Ansees
Webster National Bank
Toe
B&em Oe
Eh LG
Camb H Oy
Old Boston National Bank
Aes Be
Conn & Pass
State National Bank Ereensee
Clown
Nashua Manufacturing Co
Ene Ae
Hill Manufacturing Co
C8&c Pees Renewes
Gui Oe
Bates Manufacturing Co
Bet Sae C
Re& Q
Continental Mills
Miss
Atlantic Cotton Mills
Kaepm Ho
Seepsesh
Boston Lead Co
Steee
M& Dy
Manitoba
Naumkeag Steam Gotton Co
Pepperell Manufacturing Co
M&s
Ee Dod
Naum
Cambridge Horse Railroad
F. M
Codcord Railroad
A&pine
Boston Atheneum
Crear
G ‘al Soine
K& W
Douglass Axe Co
B &Q
McKay & Bigelow
Boston Athenaeum
Aee
Wellfleet Marine Insurance Co
East Boston
Chicago, Burl & Quin
SF Tee
Essex Railroad
At & Pae
Top Santa Fe
Top & Santa Fe
Cll
A. Bod
Market closes firm after active trading on April 27
Stocks opened modestly higher and overall advanced slightly before slipping, then recovered with a steady gain in the final hour. Bond sales totaled 1.519 million with rail and oil shares showing mixed moves. declines hit St Paul & Sioux City and Morris & Essex while Detroit Bay City Alpena and other issues posted small gains.
MENTIONED IN THIS ARTICLE
New England
Louisville & Nashville
Jersey Central
Richmond & West Point
Atlantic & Pacific
Detroit
Bay City & Alpena
St. Paul
Sioux City
Morris & Essex
Milwaukee, Lake Shore & Western
Wabash & St. Louis Division
Ohio Southern
Money on Call Rates and Bond Market Snapshot
New York reports easy money on call with loans at 3 to 5 percent and last loan at 3 percent. Prime mercantile paper stands at 5,514, rear silver at 9614, and sterling exchange quiet but steady. Government bonds show dull activity.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Real estate transfers in Suffolk and surrounding towns
Suffolk County transfers show William H. Roundy and others selling parcels on Clarendon Beach and Roxbury streets to various buyers for nominal sums, with several properties mortgaged back. Transactions span Dorchester East Boston Chelsea Reverf and Winthrop areas with payments ranging from 1 to 25 000 dollars and dates in April.
MENTIONED IN THIS ARTICLE
Suffolk County
Clarendon Street
William H. Roundy
Christopher J. Spenceley
Beach Street
David G. Haskins
Simeon Marcus
Beach and
Utica
Daniel L. Demmon
Utica Streets
Samuel W. Creech
Landee
Roxpury
Charles S. Plumer
Maria C. Plumer
Sewall Street
Richard Nichols
Elm Hill Baptist Church
Crawford Street
Joseph H. Cannell
William C. Fowler
Highland Street
Cyrus
Hapgood
John KH. Blakemore
Samuel B. Edgeworth
Bellevue Avenue
Dorchester
Mary Ann Paine
Marianna Paine
Adare Street
Rostinpale
Sarah A. R. Marshall
Catherine E. Hodgdon
Reynolds Street
Boston
Johannah Scanlan
Frederick W. Shields
Vorter Street
George MacCarthy
Chelsea
Jessie A. Wilkinson
Robert 5. Ball Et Ax
Medford Street
John B. Guelpa
Frank C. Dorn
Carroll Street
Augusta J. Ballou
Charles L. DeLaite
Franklin Street
Mechanics’ Cooperative Bank
Wisimor
Louisa H. Wellman
William ZL. Wellman
Syren Street
Mortgage filings list multiple Boston area properties
A sequence of recorded mortgages dated April 8 and 9 covers properties in East Boston South Boston Jamaica Plain Horchester and Revere. John Healey to Joseph A Laforme on Sumner street. Sarah F Lang guardian to John Cleary on KE street. Paul Lincoln to Franklin Savings Bank on Green street. Francis H Lord to Charles H Pratt on Norfolk street. Simon J Riley to Rollin H Allen on North Margin street. Edward M Toppan to South Weymouth Core Bank on Pearl avenue.
MENTIONED IN THIS ARTICLE
John Healey
Joseph A. Laforme
Sumner Street
East Boston
Sarah F. Lang
Guardian
John Cleary
KE Street
South Boston
Paul Lincoln
Franklin Savings Bank
Green Street
Jamaica Plain
Francis H. Lord
Charles H. Pratt
Norfolk Street
Horchester
Simon J. Riley
Rollin H. Allen
North Margin Street
Edward M. Toppan
Weymouth Core Bank
Pearl Avenue
Revere
President seeks to settle land dispute between Miller and railroad
President Cleveland asks the Interior Secretary to intervene in a dispute over land ownership near Guilford Miller, a settler since 1878, and a railroad company. The Interior Department had withdrawn vast tracts since 1872 to aid the railroad, countering Miller’s homestead claim, and the President urges restoring Miller to peaceful possession by releasing the lands.
MENTIONED IN THIS ARTICLE
Washington
Cleveland
Secretary of
Th Interior
Guilford Miller
Miller
Homstead
Penn
Interior
Honstead
United States
Huntington testifies on Pacifi Railroad expenses and schemes
New York April 26 Pacifi railroad committee hears Mr Huntington as the first witness. He details construction and alleged insolida tion with rivals. He cites high salaries for counsel and large sums for explaining to the public and Congress. He references 6.1 million dollars spent on legal and miscellaneous expenses from 1873 to 1885.
MENTIONED IN THIS ARTICLE
New York
Pacifi Railroad
Myr
Congress
General Finchot
M. Huntington
Legl
Washington
Richard Roe
John Doe
Pattson
Maritime Bank Shareholders Hear Asset Liabilities Report
At the St. Joan meeting the provisional liquidators presented the bank’s assets of 2 142159 with many deemed bad and liabilities at the same figure. President MacLellan blamed the Stewarts for deceiving him amid suspicions large credits to the Stewarts, Guy Bevan & Co., George McLeod, and other big firms triggered the insolvency.
MENTIONED IN THIS ARTICLE
Maritime Bank
St. Joan
N. B
Knight
MacLellan
Stewarts
Guy Bevan & Co
George McLeod
Cambridge Aldermen Veto Brattle Street Sidewalk Plan
At a Cambridge board of aldermen meeting last evening the mayor vetoed the brick sidewalk project on Brattle Street and the veto was sustained five to three, with the matter recommitted. Nominations for registrars of voters and police officers were confirmed, and Bullard and Howard were elected sinking fund commissioners. Draggists licenses of the sixth class were debated, and a list of suitable recipients was to be reported. A horse belonging to George Hall of the Adams House was killed in a collision on Beacon Street. another horse in the team was injured and had to be killed.
MENTIONED IN THIS ARTICLE
Cambridge Board of Aldermen
Brattle Street
Isaac Bradford
James Cox
Patrick J. Hurley
John J. McBride
John C. Bullard
George H. Howard
George Hall
Adams House
Collisson
Torrey
Beacon Street
Also Mentioned on This Page
Money Market
Supreme Court
Lewis Coleman
Boston & Maine Railroad
Osborn Mills Company
Fall River
Devonshire Street
Kidder, Peabody & CO
Nassau St
Foote & French, Barkers
Congress Street
St. Joseph & Grand Island
Fitchbars Railroad
Asa P. Potter
J. W. Work
Wilson W. Fay & Co
State Street
RIL
California
San Fra
eCrisco
Alia
Mount Diablo
Fe Belcher
Popria
Racy el Ataelak Cs
Bay Ty
Con
Cal. & Way
Savage
Crown Point
Sierra Nevadas
Eureka
Inion
Sahbiehy Ee Gould & Curry
Utah
Hale & Norcross
Yellow Jacket
Foreign Financial Market
London
Atlantic & Great Western
Canadian Pacific
St. Paul Common
Pennsylvania
Paris
Chicago, Burlington and Quincy
the New England Trust Company
Careaco, Bur- Lineton & Quincy Railroad Company
Ee Ee
Boston Post
Joseph G. Martin
Anscontinental First Iobeeaea
Farmers’ Loan and Trust Company
Buckfield
Rumford Falls
National Bank of Redemption
Boston Stock Exchange
Ing Alt
T. He
Air L
Iowa
Pac
Ches
Ohio
St. L
del. & HL
Ie Ir
Den
Gao Erie
East Ten
Eabieien
Slig Lake Shore
Kas. & Tex
Lou
Man. Beach
Man. EL
Memphis & Chuy
Mich
Central
Wilae
Pacific
I A. Nash
N. Y
Ohio & Miss
Aebbee
Sace P
Pittspore
W.P
Rock Isla Tiel
Anne Tans
St.p
Texas Pacific
Union Ae
Utica & Bs
Ballye Land and Miscellaneous Companies
Oregon Imbbbo
HY I. Hs
Pacific Mail
Pullman Pal
Union
Cen
P. Eee
D& KG
P&p
My. i. Yeats
Itex. P. L
Tex. P. R. G
C O
Nay
Inis
Adams
American
Wells Fargo
Amador
N. Belle Isle
Alg
Odie Ontario
Col. Coat Agy
Plymouth
Cald Va
Quicksilve
Terra Vet
Cristo Hy Bu
Santiago
Tielena O
Nevada
Jloine
de W Jron
Stanislaus
Martin White
Mouo
NEW York Financial
MR. Huntington
Pacific Railroads’ Investigatig Committee
Cambridge Aldermen
Medical
Humphreys
Humphreys' Medicine CO
Fulton St. N.Y
Humphreys’ Medicine Co
Fults Fulton
Humphrey
Fulton