New York Stock Market Opens Steadily Then Wavers After Noon
Money easy on call at 1 2 percent, closing near 1 2 percent. Prime mercantile paper ranged 4 4 612 percent. Bar silver 110s. Foreign exchange steady at 4824 long and 4841 short sight. Kansas Pacific consols up to 82% amid broad gains, then uneven late trading with notable declines in Missouri Pacific and Kansas and Texas. Weekly stock sales totaled 1,410,222 shares, with exports of specie about 310,091 dollars for the week.
MENTIONED IN THIS ARTICLE
New York
Kansas Pacific
Atlantic and Pacific
Texas
Guiness
Kansas
Union Pacific
Missouri Pacific
Lackawanna
Lake Shore
New York Central
Dividend Plan and Conservative Policy at American Electric
The Electrical Review reports the Boston meeting of directors of American Electric and Illuminating Company approving a regular 4 percent semiannual dividend on preferred stock and an extra 2 percent for all stock. A 3 percent extra may be paid if earnings allow, with 1 percent of total capital diverted to a reserve fund until it reaches 50 percent. The piece credits management, good light, and slander as factors in the firm’s success, noting slander as most effective. Beiden says canal funds are raised to link Lake Washington to Puget Sound, and a separate despatch notes Ohio and Western Coal and Iron plans to mortgage assets with Boston Safe Deposit as trustee to secure 3.5 million in bonds. a majority stockholder certificate was filed.
MENTIONED IN THIS ARTICLE
the Electrical Review
American Electric and Idluminating Company
Boston
W. W. Beiden
Lake Washington
Puget Sound
Oregon
New York
Ohio and Western Coal and Iron Company
Boston Safe Deosit and Trust Company
Wheat and grain markets show mixed activity across the Midwest
Chicago and Milwaukee report dull to firm trading with varied wheat prices and mixed cargo movements. New York and St Louis note steady to firmer oats, corn and rye trade, while pork, lard, and beef markets move higher in places. hogs and cattle demand fluctuates with shipping and stock data across major exchanges.
MENTIONED IN THIS ARTICLE
Ohio
Ind
Indrol
St L
Chicago
Milwaukee
New York
City Mills
Minnesota
Detroit
Toledo
St. Louis
Lee
St Louis
Canada West
Canada
Ward
Cincinnati
Western Steam
Tierces City
Continent
South America
Union
Texas
Cotton Market Ends Quiet as Prices Hold Steady Across Regions
Spot cotton remains steady while futures linger dull after a 35,000 bale day. Upland and middling grades show minor shifts. New York upland bids at 10%c, Liverpool offers down, varying rates across August to February futures. Receipts and stock movements reported for key markets reveal a subdued national tone with regional differences.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Uplands
Orleans
United States
Phila
St L's
Great Britain
S.-Se
France
Continent
Sseseee
Financial Commodity Rates Across Markets August News Brief
London bonds and railway stocks moved little as money remained dearer. The Economist noted overall stock improvement despite gloomy railway returns and sparse U S activity. Waterfront grain markets showed slow cargoes, with wheat dipping and corn firmer. Liverpool winter wheat quoted around 7s 3d to 7s 6d, California averages near 73 5d. Provisions held firm with pork near 77s 6d and lard around 42s.
MENTIONED IN THIS ARTICLE
London
Beerbohm
Merchants’ Exchange
Liverpool
California
Receipts of Staple Products Across New England Lines
Receipts dated Aug 16 detail freight yard stocks by rail lines including Boston and Albany Grand Junction Providence Old Colony New York and New England Eastern Fitchburg Lowell Maine and Peabody Expresses and Sea shipments. Listings cover wool flour bran leather hides skins eggs bacon tea coffee sugar molasses and miscellaneous goods with quantities in bales bbls sacks cases and lots.
MENTIONED IN THIS ARTICLE
Boston and Albany Railroad
Grand Junction Railroad
Providence Railroad
Old Colony Railroad
New York and New England Railroad
Eastern Railroad
Fitchburg Railroad
Lowell Railroad
Maine Railroad
Peabody, Salam
Total Receipts of Staple Products at the Port
A dated table lists weekly receipts of principal staples from all shipment points. Cotton, wool, flour, oat meal, oats, butter, oleo, cheese, corn meal, wheat, barley, malt, millfeed, lard, pork, hams, grease, molasses, timber, leather, skins, pelts, and other items show varied totals with several missing values across 1883 and 1884.
MENTIONED IN THIS ARTICLE
Correanea Maine
New England Rail Consolidation Amid Rivalry and Erie Scrutiny
The Troy and Boston and the Boston Hoosac Tunnel and Western railways face looming sale talks as competition, rate cuts, and ownership shifts between the Hoosac Tunnel line and the Troy and Boston influence future control. English Erie observers note heavy debt, misused assets, and a push by British directors. toll summaries show varied revenues across four roads.
MENTIONED IN THIS ARTICLE
New England Railroad
Troy
Boston
Hoosac
Western Company
Troy and Boston Company
West Shore Company
New York Central
Boston and Albany
Koonz
Boston, Hoosac Tunnel
Western Comany
West Shore Road
Vanderbilt
Boston Road
Robinson
Hoosac Tunnel and Western Company
Fitchburg
Business Troubles in Maine and Elsewhere Reveals Widespread Failures
The Portland Press reports a broad set of insolvencies and settlements across New England and beyond. F. Shaw & Bros. debtors settle with creditors in Maine for about 40 cents on the dollar, while Norfolk county firms face assets and liabilities including Adams & Co. Medway and Lowe & Co. Quincy. The Exchange Bank of Montreal remains in liquidation with creditors unpaid, and many others from New York to Vermont show similar struggles, with specifics on large losses, secured loans, and notable names like J. L. Phelps and the estate of N. T. Horton.
MENTIONED IN THIS ARTICLE
Portland Press
Ferdinand A. Wyman
Hyde Park
Mass
F. Shaw & Bros
Boston
Maine
Brackley Shaw
Mr. Wyman
Massachusetts
Jennie K. Flaherty
W.H. H. Allen
Grocer
New Bedford
Norfolk County
Emily A. Adams
Adams & Co
Medway
F. A. Lowe & Co
Quincy
Mort
Thomas Barrett
Needham
James
Samuel Beless
Copartners
John Hancock Life Insurance Company
Samuel
Whittemore, Cabot & Co
Exchange Bank of Montreal
Craig
United States
Miller Bros
General Traders
Newcastle Bridge
N. B
Wiscasset Brick and Pottery Company
Wiscasset
Frederick A. Billings
Portland
G. V. Frazier
Thomas McManus
Providence
R. I
John Palmer
H. B. Claflin & Co
Stout & Co
New York City
John Wheeler
O. M. Bogart & Co
Golfe & Randle
Chicago
Milwaukee
E. K. Willard & Co
New York Central
Francis Bacon & Co
John Paton & Co
J. L. Phelps
E. S. Tweedy
D. Willoughby
J. A. Bliss
Mary S. Stockwell
L. P. Tucker
W. B. Northrup
Francis Bacon
N. T. Horton
National Union Bank of Dover
Meyer and Heineberg
M. Meyer & Co
Selma
Ala
M. Meyer
Joseph Meyer
New York
Charles B. Bishop
Thomas W. Peyton
John A. Rice
A. M. Lowry
Jamestown
N. Y
Union City Chair Company
John Holihan
Auburn
John F. Sherwood
Livingston Manor
W. H. Gill & Co
Baltimore
Minneapolis
Minn
R. F. Redman Company
Fancy Goods
San Francisco
Cal
Byrnes
Dry Goods
Angus
Reed
Market
Ames
Charles H. Traquair
Terre Haute
Ind
Hooper & Harris
Crested Butte
Col
Ae M. R. Faith
Springfield
Central Court Figures and New Bail Amounts Noted
In central court Judge McCafferty presides over cases including Guisppa Rafalo charged with assault and battery held in 200. Caroline Harrington charged with robbery held in 2000. Annie Brasen charged with assault and battery held in 100 for Aug 19. John Hogarty fined 10 and costs. Annie Bennett larceny of goods valued at 595 held in 1200. Edward Leonard breaking and entering and larceny held in 1500 for superior court appearance.
MENTIONED IN THIS ARTICLE
Central Court
McCafferty
Guisppa Rafalo
Caroline Harrington
Annie Braslen
John Hogarty
Annie Bennett
Uriah K. Mayo
Edward Leonard
East Boston
Catherine Carey
House of Industry
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House of Correction
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Bella Wells
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Caroline H
Thomas M Clark
Dod
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Msgate
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Goodall
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Sarah N
LC Emi
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Wall
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Eric
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Warren H Cudworth
John
Clara Johnson Waldron
Mon Wester
Wheaton
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Massachusetts Charitable Mechanic Association
Huntington Avenue
West Newton St
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A. Wilmurt
East Thirteenth St
Charles F. Haseltine
Chestnut St
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J . Chas
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William H. Hill, Jr
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Mit
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Frances
Digby
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Jy2ott
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Mass, Institute OF Technology
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Sampson One
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