Money Market Steady Amid Mixed Bond and Stock Moves
The Boston money market remains steady with loanable funds adequate at 4 percent for time loans and 4 to 6 percent for general market loans. Clearing house balances show banks at 4 percent, while New York funds trade up to par to 40 off. Foreign exchange steadies with cable transfers near 4.90 and demand 4.89. The local stock market ends weak, with Atchison sliding and Denver lines showing mixed results. copper market notes discuss syndicate control and rising consumption driven by electrical expansion.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Chicago
St. Louis
San Francisco
Charleston
Savannah
Imperial Bank of Germany
Messrs. Kuhn, Loeb & Co
Atchison
Summit
Summit Branch
Lykens Valley
Comany
Pat Lykens Valley
Ainst
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Oregon
Union Pacific
Pullman Palace
Flint & Pere Marquette
California Southern
Louisville
Evansville
Mexican Central
London
Guadalajara
San Luis Potosi
New York & New England
Wisconsin Central
Chicago, Burlington & Northern Equipment
Denver
South Kansas & Western
Southern Kansas
Eastern
Central Massachusetts
Fitchburg
San Diego
Frenchman’s Bay
Huron Mining
Vivian
Atlantic
Kearsarge
Oscevia
Quincy
Napa
Tamarack
Don Enrique
Wright
Calumet & Hecla
Boston News
Lake Superior
Calumet & Heela
Henry R. Merton & Co
England
France
Dividends Declared by Several Companies in New Year
The Atlantic Cotton Mills Company declares a dividend of 3 per share. Worcester Nashua and Rochester Rail Road Company also declares 3 per share. Dunkin Silver Mining Company declares 5 cents per share payable Jan 15 with about 28000 cash on land. Union Stock Yard and Transit Company declares a quarterly 1 percent dividend payable Jan 1 for stock held Dec 20. First for the new year follows four quarterly and three extra dividends last year totaling 9 percent.
MENTIONED IN THIS ARTICLE
Atlantic Cotton Mills Company
Worcester, Nashua & Rochester Railroad Company
Dunkin Silver Mining Company
Union Stock Yard and Transit Company
Auction Sales at Boston Exchange Dec 19 1888
The auction list includes Pemberton Co of Lawrence Mass and Grooved Stave Co collateral lots along with numerous railroads banks mills and RR related securities. Also noted are New York Stock Sales for Dec 18 with total 205,699 shares and daily price actions.
MENTIONED IN THIS ARTICLE
Pemberton Co
Lawrence
Mass
Grooved Stave Fee Corrugated Hoop Co
Sheear & Amesbury St. By, Co
Suffolk Nat. Bank
Howard Nat
Webster Bank
Great Falls Mfg
Edwards Mfg. Co
Nashua & Lowell RR
Vermont & Mass. RR
Eastern
West End St. Ry. Co
Bay State Fruit Co
Old Colony
Bay State Live Stock Co
Worcester, Nashua & Rochester
de Pueblo Smelting and Refining Co
Fitchburg RR
Town of Hyde Park
Sig RR
Evansville
Boston Electric Light Co
Amoskeag Mfg. Co
Nat. Webster Hank
Ado Dorchester Gas Light Co
Florence, Eldorado & Walnut Val
Raneee Emporia & Southern RR
Lyn & Boston H. RR
New York
Brokers’ Board
Am Bell Teles
Eens
P&s F
T&sf Trust
T&sf Mort
Bb & Q
So Kan & West
Bell Tel
Eee
Ceee
Lamson SS
Frenchman’s Bay
San Diego
Sullivan Harbor
West End
Allouez
Atlantic Mining
B & Mont
Tamarack
Boston & Lowell RR
Aa &Sf
B&q
Fitchburg Pref
IK & PM Pia
Lh & St L
Summit Branch
Lamsoir
T& Sef
Lainson
Boston
Boston Land
Atlantic
Franklin
Huron
Kearsarge
Napa
B&t
NY & NE Pfe
Wuwee
Wis Cent
Money Market Mixed With Decline In Rail Stocks
New York reports money on call easy at 3 to 6 percent with last loan at 3 and closing 3.5. Sterling exchange softens with actual business near 4.8474 for sixty days and 4.88 for demand. Market closes very dull near day’s lows as Rock Island and other rails led declines. bonds mixed but some active today with notable moves in several names.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
St. Paul Road
St. Paul
Rock Island
Richmond & West Point
Lackawanna
Missouri Pacific
New England
Wabash
Mutual Union
Denver & Rio Grande Western
Kansas City & Omaha
Kansas & Texas
Ohio Southern
Foreign Financial Markets Report From London and Berlin
London financial markets show consolidations and various stock quotes with major issues like Erie and Illinois Central moving in narrow ranges. The open market discount rate stands at 4.4 percent, while Paris bank notes reflect an 8 percent rente level. Berlin reports a rise of 8.62 million marks in imperial bank specie.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Central
St. Paul
New York Central
Pennsylvania
Reading
Paris
Berlin
Imperial Bank of Germany
Hartford and Connecticut Western Railroad Board Elected
Hartford stockholders elected a board featuring John S. Wilson John W. Brock W. W. Gibbs Charlemagne Tower Jr Arthur E Newbold and others from Philadelphia Lebanon Penn Salisbury Conn West Winsted and Springfield Mass The year ending Sept 30 1888 showed gross earnings 358238 33 operating expenses 255935 35 net earnings 102802 98 net profits 59376 16 cash on hand 63358 52 President Husted to resign for Pennsyl vania Poughkeepsie and Boston line.
MENTIONED IN THIS ARTICLE
Hartford & Connecticut Western Railroad Company
Hartford
Mass
H. A. Botsford
Husted
Pennsylvania, Poughkeepsie & Boston Railroad
Dry goods market in New York steady on week
The Daily Commercial Bulletin notes a large movement in some spring descriptions with heavy shipments by Western Pacific coast jobbers ahead of higher transport rates. Staple cotton goods show fair demand with steady prices. light fancy prints sell well. painted screens, challies, light ginghams and seer suckers brisk. Men's wear woollens quiet.
MENTIONED IN THIS ARTICLE
New York
The
Daily Commercial Bulletin
Wool Market Salvage Sales In London Prices Persist
At salvage wool sales in London 2657 bales were offered with no reserve. Moderate attendance and strong demand pushed all kinds to full prices. Notable figures include Scomred at 4d 1s 2d, greasy at 44 7%4 a, black at 3d &s 3d, and locks and pieces at 344d sted.
MENTIONED IN THIS ARTICLE
London
Copper and Tin Markets Quiet in London Trade
London reports quiet copper trading with spot at £77 10s and futures at £78. Tin remains firm with spot £97 10s and futures £08 10s. Lead is quoted at £12 7s 6d in the market.
MENTIONED IN THIS ARTICLE
London
Army retiring board to meet at Vancouver Barracks Washington
The President names Brigadier General John Gibbon and officers from the infantry and medical corps to form a retiring board at Vancouver Barracks for examining officers ordered before it. Leaves of absence are granted to several officers including Mallory Carter Seibold and Vance with extensions for others.
MENTIONED IN THIS ARTICLE
Washington
Sprcrau
Army
Vancouver Barracks
Washington Territory
John Gibbon
William P. Carlin
Fourth Infantry
Thomas M. Anderson
Fourteenth Infantry
Charles T. Alexander
Henry §. Kilbourne
Francis H. Parker
Ordnance Department
J. Walker
J. E. Howard
Philadelphia
John C. Mallory
Corps of Engineers
William P.eon
Exten Carter
Suression
John Carland
John F. Seibold
Z. B. Vance, Jr
Frederick 5. Strong
Fourth Artillery
Boot and Shoe Buyers in Town
Buffalo New York W H Walker of W H Walker and Co dead. Chicago Lil T N Howard of Howard and Hayward. Cincinnati Ohio Ls Runkel of I Faller Sons and Co. York City R Campbell of Powell and Campbell Ue W Noyes of Noyes Norman and Co. St Joseph Missouri St Louis Missouri A D Brown of Hamilton Brown Shoe Co. American Swedesboro New Jersey ARK Tallman of EC Tallman and Son Yo.
MENTIONED IN THIS ARTICLE
Buffalo
H Walker
W H Walker & Co
Chicago
N Howard
Howard & Hayward
Cincinnati
Ls Runkel
I Faller, Sons & Co
York City
R Campbell
Powell & Campbell
Noyes
Norman & Co
St Joseph
St Louis
A D Brown
Hamilton-brown Shoe Co
Swedesboro
Ark Tallman
EC Tallman & Son
Commercial Market Snapshot Quiet on Wheat and Butter Firm
Market notes show lumber steady while key staples such as flour and rye hold firm. Corn and oats weaken while beans and pork demand remain solid. vegetables like potatoes and oranges stay steady, and sugars advance to firm, reflecting mixed but stable commodity activity. Stronger prices noted for tallow and butter with broad firmness across meats and dairy.
Wheat and grain market report from Chicago and New York
Wheat was dull with light receipts as Eastern wires flagged trouble while cash and futures fluctuated. Corn and oats showed life and weakness, with prices posting mixed closes. notes include New York and Milwaukee quotes, on track deliveries, and regional receipts and shipments across St Louis Philadelphia Detroit and Toledo.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
C S Williams & Co
Aes
Eee
St Louis
New York
Lumber Market Sits Quiet and Steady Across Regions
James & Abbot report demand for lumber is quiet but steady with a satisfactory seasonal position. Yards are well supplied though not overstocked, prices unchanged from last quotes. Eastern pine demand is quiet at steady prices. Western lumber less abundant with slight market tone improvement. Southern pine and hardwoods show fair demand at steady/unchanged quotations.
Flour Prices and Grain Carload Quotations Report
John E Welsh flour and grain firm at 01 State Street presents carload grain quotations excluding rye. Domestic hour prices vary with wholesale and jobbing. 230 cars inspected with several rejections and mixed grades. Flour market quiet but firm due to Western freight gains, with varying price tiers for Minnesota, Michigan, Canada exports, and New York shipments. overall demand modest, prices steady to easy in other regions.
MENTIONED IN THIS ARTICLE
Chicago
Milwaukee
St Louis
Minneapolis
Northern
Duluth
Bush
Toledo
Philadelphia
Detroit
New York
Peoria
State
Canada
Michigan
Choice
Minnesota
Canada Superior
City Mills
City Mall
Butter and dairy prices on steady wholesale markets
Butter demand quiet with small receipts. Western creamery and Vermont prices range 23 to 32 cents, with various grades noted. Chicago and New York markets mixed while eggs and beans show steady to irregular movement. Foreign beans mostly steady. prices listed for multiple regional grades and handpicked varieties.
MENTIONED IN THIS ARTICLE
Vermont Extra
Vermont
Elgin
Chicago
Western
Elgin Creamery
New York
Eastern
Fiat
Liverpool
New Hampshire
Nova Scotia
New Brunswick
Michigan
Island
Canada
York State
Also Mentioned on This Page
Bull
America
Tis
Rothschilds
Barings
Connecticut
Waterbury
Gill
Palmer
East Shaft
Gray Rock
Montana Union
Belle of Butte
la Plata
Stopes
Butte
Anaconda
Butte Daily Miner
Inter-Mountain
Bex
A. S. Bigelow
Addecks
Bay State Gas Company
Boston Gas Light Company
Boston Company
Boston Herald
City of
Worcester
Reaster, Goud & Estebronk
Congress St
Hoston Stock Exchange
Nat. City Bank
Freeman’s Nat. Bank
Reece Button Hole M. Co
Atlantic Cotton Mills
Conn
River RR
Worcester, Nashua & Rochester RR
Cer & L. Cham. RR
Consol. Mort
Lawrence Mfg. Co
Boston & Sandwich Glass Co
Hamilton Woollen Co
Rockport Granite Co
Ames Sword Co
Shawmut. Ba
Howard N. Bk
N. Eagle Bk
Third Ntl. Bank
Lowell Mfg. Co
Columbus, Spring, & Cincinnati RR
Boston & Lowell RR. Co
Eastman F. Carpeater Co
Atchison, Top
Santa Fe RR
Llorence
el Dorado
Walnut Valley
Luuis
Republican Valley RR
Kansas City
Emporia
Osgensoue
Lake Champlain RR
Con. Mort
Wisconsin Cent
Ailso
Oriental Coffee House
Stafford Mill
Concord RR. Co
Old Boston N. Bank
Passumpie Rivers
Union Pacific, Lincoln & Colorado RR
Wichita & Western RR
Con. RR
China Mutual Ins
Scrip
Con
Revere Beach & Lynn RR. Co
de Louis & Missouri R. RR
Kunker Hill Panorama
Sumner Co. RR
Miscellaneous Stock Exchange
Boston Stock Exchange
Ewer
Bonanza Devel’t
Catalpa
Franklin, S
Ener Oese
Osvedla
Eeesees Capra
Pewsbic
Eeseeaeeere
Land Companies
Seenee
Boothbay
Aspinwall
Beeston W. P
Brookline Boylston Street
Wenee
Campobello East Oston
Bay Seer
Maverick
Newport
Lamoine
Payson
Penobscot
Etreenee
Sullivan
Saneee
Seer
Fopeka
Eeeerer Eee Winthrop
Wollaston
At. & Pac
Do Inc
L. G
Eelle
Chi
Kan. & W
Cc. & W. Mich
Elk H
Ft. 8
K. C
Mit
Central
Seeeereer
Seeeres
Southern Kan
Oilsol Do Tex. Niv
Sonora
St. Jo
G. L
Atch
Top. & S. Fee
Atlantic & Pacific
Boston & Albany
Esers
Boston & Lowell
Boston & Maine
Boston & Prov
Cesees
Cal, Southern
Aeveesees Ee
Uly Central
Cleve
Canton
Col. Sp
Seeerer
Fitchburg Tol
Flint &Ip. M. Com
K.c.m
L.A
St. L
Maine Central
Deneeree
Ener
Olid
Rutland
Bell
Eastman Car Heater
Lamaon Store Ser. CO
Hia Maia Pullman Palace Car Co
Wilson W. Fay & Co
State Street
Owen Eevee
Crescent
S . Ene
Burton
T. Hew
A & Pacific
Hs. & Air Oe
Uo B
Can
Pacific
Central Iowa
Central Pacific
C. St. L
P. Sweet
del. & Fi
Eter den
R. G
Enee
Fort Wayne
Rt. W. Ps
Hocking Valley
Houston & Lora
Dig & & Ae
Kan
Lex
Kings & Bem
Ene
Eeee
Lake Shore
Long Island
Bai -Bams Bade Louis
N.A
Man
Beach
Niiss
Ohio
Easex
Nash
Chat
N. J. Cent
Ing
Igs
NY .C
St. Geeer
N.Y
N. E
Pittsburg
Rich, & al
Wee R& W.P
St. Vat
Etek St
Etek St. Be
Tol
U. Pacific
Utica
K. R. Ose
L. E
Etee
Pacific Mail
Este . E
D.& RG
St. L. & I. G Does
Wa R.G.W
St. P
He & Tos
Tex. P. Lewis Mut
Union
Tex. P. It. G
N. Pac
N. J. C. Int
W. Bhore
del Monte
Savage
Silver King
Abilaby
NEW York Financial
Foreign Financial Markets
Railroad Matters
the Housatonic Railroad Company
W.H. Starbuck
W. H. Stevenson
Bridgeport
John L. Macaulay
Thomas Rutter
Henry Hentz
W.H Barnum
Lime Rock
A. B Mggatt
New Milford
W. H. Starbuck
WW. H. Stevenson
M. E. Stone
A. J. Porter
C. E. Robinson
Connecticut River Railroad
Springfield
J. E. Carter & CO
Bankers & Commission
Washington ST
James & Abbot
Liberty Square
John E. Welsh
Boston Markets
Devon
Claus
Congress Street
Ive Street
Congress Jach
Quincy Trouse
Gultrs
Petroleum