Money Market Holds Firmer With Steady Rates Across Markets
The money market shows little change Tuesday evening with general business paper at 6 to 7 percent and manufacturing paper at 5 1/2 to 5 3/4 percent. New York funds trade 5 to 15 cents per 8100 discount. bond and stock activity remains dull with Atchison and Wisconsin Central among notable movers.
MENTIONED IN THIS ARTICLE
Lostox
New York
Chicago
St. Louis
San Francisco
New Orleans
Savannah
Providence Clearing House
Philadelphia Clearing House
Sterling Exchange
Reichsmarks
Bank of Montreal
United States
National Bank
Atchison
London
Chicago, Kansas & Western
San Bernardino
Los Angeles
California Central
California Southern
Southern Pacific
New York Exchange
Henry Clay Nott
Boston
Atlantic & Pacific Railroad
Chicago, Burlington & Quincy
Atchison, Topeka & Santa Fe
Eastern
Western Railroads
New Southern Railroad
South
Union Pacific
Washington
Wisconsin Central
Milwaukee & Lake Win
Dividends Declared by Major Rail and Mining Firms
Bay City and Alpena Railroad pays 4 percent dividend on Jan 3. Plymouth Consolidated Gold Mining declares its fifty sixth consecutive monthly 140 dividend totaling 2250 to date. Manhattan Elevated directors declare 144 percent dividend payable Dec 16 with books closing Dec 6 reopen Jan 4. Annual statement shows 2 percent earned. Stockholders near meeting to act on new bond issue. Passenger traffic rises as the quarterly report reportedly shows net earnings of 8400000.
MENTIONED IN THIS ARTICLE
Bay City & Alpena Railroad Company
Plymouth Consolidated Gold Mining Company
Manhattan Elevated
New York Stock Sales Report December 13
Daily share totals reached 41 197 with detailed Boston Stock Exchange quotations. The report lists shares sold and opening high low and closing prices for today and compares with yesterday's close.
MENTIONED IN THIS ARTICLE
New York
Boston Stock Exchange
Market Close Edges Lower as Bonds Rise and Rails Show Slump
Trading ended with prices near day’s lows as railroad bond sales hit 673000. Long Island issues moved modestly, Northern Pacific terminals rose to 104 percent, while Fort Worth and Denver firsts fell to 77 and several other rail and utility securities posted small declines or gains.
MENTIONED IN THIS ARTICLE
Log Island Rss
Loutaville & Nashville
St. Louis
Kansas & Texas
Northern Pacific
Great Western
Fort Worth & Denver
Gull
Colorado
Santa Fe
Indiana, Bloomington & Western
Long Island
Northern Pacific Trust
Texas Pacific
Richmond & Danville
Wabash Chicago
Foreign Markets Roundup From London Declines and Rates
London market brief shows Consols at 1017 16 for money and 1019 16 for the account as Atlantic & Great Western firsts trade near 89 with Canadian Pacific at 61 142 and Erie at 28 58. St. Paul and New York Central averages cited alongside Illinois Central and Reading. rate notes include 3 percent routes at 82 francs 70 centimes for account and open market discount around 24s percent.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Central
St. Paul
New York Central
Pennsylvania
Reading
Varia Adviess
New York Financial Market Ends Mixed With Declines
Money on call eased to 4 percent while mercantile paper improved. Sterling rates steady. Government bonds dull but firm. railroad bonds generally firm. Reading, Lackawanna and Union Pacific traded actively after noon, but overall list declined with Reading and Manhattan among the weaker issues.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Reading
Lackawanna
Union Pacific
Manhattan
Bears
St. Nul
Western
Unon
New York and New England Railroad Stockholders Meet
At the Meiona forenoon session President J A Bostwick presided as stockholders debated funding unpaid terminal land purchases totaling 1 921 532 with mortgages and bonds of up to 2 400 000 authorized. Directors to ballot and leases of Milford lines discussed. Shinn defended management amid criticism from press and Wall Street.
MENTIONED IN THIS ARTICLE
New York & New England Railroad Company
Meiona
J. A. Bostwick
Boston
Drake’s Wharf
Piper's
Richardson's Wharf
Crete
Wiliam
Shinn
Milford & Woonsocket
Milford, Franklin & Providence
Rhode Island & Massachusetts
Wall Street
New York & New England
Bostwick
Railroad finances and construction plans highlight maintenance vs improvement
The article details accounting practices for maintenance and improvement costs on a railroad, noting a $150,000 charge to maintenance. It reports on bridge rebuilds in Massachusetts, a full director slate elected, and potential five hour Boston to New York service. It also covers stock actions, overland timetable changes, and recent rail earnings across several lines.
MENTIONED IN THIS ARTICLE
Bostwick
Boston
New York
Eustace C. Fitz
Jonas H. French
William P. Shinn
Sterne Morse
Moses T. Stevens
North Andover
Nicholas Sheldon
Providence
Vaughan
James L. Howard
Hartford, Conn
William H. Stevenson
Bougeete Conn
George M. Landers
Alexander Ke. Orr
Sidney Dllon
Exstine Norton
Henry Hentz
K. V. Cary
Milford & Woonsocket
Milford, Franklin & Providence
Rhode Island & Massachusetts Railroad
Massachusetts
Rhode Island
Westinghouse Electric Light Company
Hoosac
West Portal
North Adams
Fitchburg Railroad
Broad Brook
Williamstown
Ciesson's Brook
Buckland
Green River
Greenfield
Chicago Board of Trade
Michigan Central
Lake Shore
Fort Worth
Pan Handle
Baltimore & Ohio
Grand Trunk
Chicago & Alton
Chicago
Manitoba Railroad Company
Pacific Coast
Lacombe
United States
Yvesterday
New York, Boston & Montreal Railway
New York City & Northern Railway
New York & Northern Railroad
New York City & Northern
New Road
New York & Northern Road
San Francisco
Omaha
Omreha
Ogden
Straws From State Street on Rail Earnings and Upgrades
The piece reviews New York and New England railroad earnings and plans for heavy capital spending this year, including Harford grade work, a new Connecticut River bridge, trestle filling, steel rail, and added motive power. It notes potential impact on surpluses and the need for closer connections with linking lines while highlighting October earnings and delays in the Atchison line report. It also discusses the Central Massachusetts road to Northampton and the Calumet and Hecla fire aftermath with conflicting reports.
MENTIONED IN THIS ARTICLE
Penokee
Sainte
Kansas City
Fort Scott & Gulf
Springfield
Memphis
Chaton & Sopringfeld
Louisville
Evansville
Chicago
Burlington & Quincey
Chicago & Atton
Lurlington & Quincey
Towa
Northwest
Cleveland
Canton
Pullman
Birmingham
Chicago, Burlington & Northern
Flint & Pere Maranelte
Michigan Central
Oregon
Louisville & Evansville
New Mexico
South Pacific
New York
New England
Cheshire
Fitchburg
Boston & Lowell
Boston & Maine
Maine Central
Boston & Albany
Old Colony
Central Massachusetts
Bell Telephone
Tollay
Devonshire Street
Ranbaugh ‘Telephone
Lamon
State Street
New York & New England
Harford
Connecticut River
Ncome
Massachusetts
Northampton
Calumet & Hecla
Associated Press
Commercial Notes On Agricultural and Market Moods
A listing of current commodity conditions shows lumber unchanged flour firm corn easier oats quiet and millfeed firm with firmer tone. Butter fair movement cheese strong yet quiet eggs firm beans in good demand potatoes moving freely and hay in good demand. Pork firm fresh beef quiet lambs fair demand veals steady cotton steady and sugars quiet.
MENTIONED IN THIS ARTICLE
Florida
Market Report of Live Stock at Boston and Watertown 1887
The week ending December 13 1887 details cattle sheep and swine arrivals and prices at Boston and Watertown with totals by state and road counts. Prices for beef store cattle hides tallow and skins listed along with car counts for Boston Lowell Fitchburg Albany and Eastern rail lines.
MENTIONED IN THIS ARTICLE
Boston Post
George J. Fox
Rae
Likampshire
Vermont
Massachusetts
R. IL
New York
Brighton
Lumber Market Holds Steady Prices Across Regions
No weekly change in lumber. Eastern market shows steady demand and firm prices. Western and Southern lumber ride moderate demand with similar quotes to last period. Highlights include hemlock boards, claps, laths, whitewood and cherry prices, and assorted pine and spruce commodities with varied cargo and yard terms.
MENTIONED IN THIS ARTICLE
Canada
Indiana
Fay
Spruce Lumber 12-Ft Planed and Trimmed
A 12-foot piece of spruce planed and trimmed is listed at $18.24 per unit with delivery or pickup options.
Market Reports Flour and Grain Dec 13
Market remains steady with no major changes in wheat and corn. Prices show modest gains in some winter wheat grades, millers firm on terms, water power shortages limiting output, and export flour new contracts scarce. Oats and rye steady with occasional volatility in No 2 white oats, inspections list mixed grain, and millfeed bands hold firm.
MENTIONED IN THIS ARTICLE
Albany
Minnesota
Michigan
Nada Su Rior
Canada Roller
Canada Extra
New York
Canada
Bushore
Eastern
Produce markets steady as winter bites prices hold firm
Cold weather steadies the market with steady quotes for butter cheese and eggs. Fresh ladle packed creamery goods sell well while poultry and hay show little change and potatoes and beans hold firm amid light demand, with various regional price levels listed for wholesale buyers.
Market Report: Dairy and Produce Prices Across Cities
Butter in Chicago and Elgin holds at 32 cents per pound with firm firmness noted. Western creamery and Western firsts show 30 to 18 cents for related dairy and cheese items. New York markets report steady butter, quiet cheese, slow eggs, steady beans, and dull dried apples amid mixed tone across regions.
MENTIONED IN THIS ARTICLE
Chicago
Elgin Creamery Extra
Western Creamery Extra
Elgin
New York
Auction Notes Outlook for Florida Oranges and Dried Apples
Fruit firm on cranberries with full prices. Florida orange supply large and moving well. Almeria grapes sold at 375 to 3800 bbl. Dried apples in moderate demand with various price ranges. Spins on apples include Spy King Hubbardston greenings spitz Baldwins. Cape Cod cranberries detailed by grade and crate. Oranges and lemons Palermo oranges listed in sales notes.
MENTIONED IN THIS ARTICLE
H. Harris & Co
King
Hubbardston
Spitz
Baldwins
Cranberrles
Cape Cod
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