Money Market Opens Dull With Broad Rate Stability
The Money Market Boston on Tuesday evening opens dull and easy with little rate change. Business paper trades at 5 to 54 percent, manufacturing paper 44 to 44 percent, and call loans 4 to 4 percent. Clearing balance loan rates run near 2 percent while New York funds bring premiums. The local stock market shows activity and weakness with Bell Telephone and Union Pacific among notable movers.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterling Exchange
Bell Telephone
Boston Land
Atlantic & Pacific
Chicago, Burlington & Quincy
Atchison, Topeka & Santa Fe
Mexican Central
New England
Union Pacific
New England Telephone
Lamson
Allouez
Aspinwall Land
West End
Chicago
Eastern Illinois
Central
Massachusetts
Eastern
Oregon
Atchison
Venner
Atchison Company
Chicago, Topeka & California
Wallace
Farmers’ Loan and Trust Company
Gulf, Colorado & Santa Fe
Chicago & Eastern Illinois
Chicago & West Michigan
Sandusky
Atlantic & Pacific& Toll
California
Edfices
Los Angeles
San Gabriel Valley
Sanernardino
Ilinois Central Company
Dubuque & Sioux City
Drexel, Morgan & Co
Kansas City
Springfield
Memphis
Wisconsin Central
Marquette,Houghton & Ontonagon Gs
State Street
Wall Street
Boston & Maine
Boston & Lowell
Concord
Fitchburg
Mass
Central Massachusetts
Boston & Albany
Rutland
Boston Consolidated Street Railway
Cambridge Horse
F. ‘I’. Stevens
Oregon Railway and Navigation
Sonora
Chicago, Burlington & Northern
South Kansas
Ogdensburg
West End Railway Company
Henry M. Whitney
C. A. Cotting
Henry D
Henry D. ‘Hyde, Grenville T. W. Braman
Jarvis D. Braman
Isaac T. Burr
Asa P. Potter
Jonas H. French
Ezra H. Baker
Henr M. Whitney
G. P. W. Braman
Elmer P. Howe
Whitney
Messrs. Whitney, Braman and Hyde
Aspinwall
San Diego
Eastman Carpeater
American Bell Telephone
Osceola
E Howard Watch Declares 4 Percent Dividend
The E Howard Watch and Clock Company announces a dividend of four percent. The board approved the payout, outlining the distribution to shareowners.
MENTIONED IN THIS ARTICLE
E. Howard Watch and Clock Company
Speculative Market Ads From H D Kyle Banker
Active market fluctuations offer opportunities to speculate in grain stocks bonds and petroleum. Prompt attention to wire or mail orders. Full information about markets available in our free book on application from H D Kyle banker and broker located at 33 road and 34 New Streets New York City.
MENTIONED IN THIS ARTICLE
H. D. Kyle
New Streets
New York City
New York Stock Sales Feb 1 Share Totals
New York stock sales for February 1 show total trading 426 073 shares. The report lists daily figures including opening, highest, lowest and closing prices for today and the closing yesterday.
MENTIONED IN THIS ARTICLE
New York
New York Financial Market Daily Summary
Money on call easy at 3 to 4 percent with last loan at 3.4 percent. Prime mercantile paper 5 1/4 to 6 percent. Bar silver 102 3/4. Sterling exchange firm. Government bonds dull and steady. Stock market active then firm with final prices up from 2:15 readings. Reports of abroad rumors and labor strikes mixed with pacific European news. Several rails weak with declines near 1 percent. midday recoveries but overall weakness in many names. Total sales 1,664,000 with notable activity in Jersey Central Lackawanna and Louisville & Nashville.
MENTIONED IN THIS ARTICLE
New York
Mouney
Prime Mercantile Paper
Sterling Exchange
Sone
Louisville & Nashville
Jersey Central
Lackawanna
Loulsville & Nashville
St. Louis
Arkansas
Texas
Central Iowa
Northwestern
Erie
Houston & Texas
New Orleans Pacific Trust
Ohio & Mississippi
Texas Pacific Income Trust
Western Union
Indiana, Bloomington & Western
Financial market wrap from London and North American bonds
London financials show Consols at 1005 for money and 100 11-16 for the account. U S bonds quoted 4s 18142 with Atlantic and Great Western preferreds at 43% and 3 do seconds at 1034. Canada Pacific 641g and Erie around 84. Illinois Central 136% as Mexican ordinary 47% plus St Paul and New York Central readings and others like Reading 1842.
MENTIONED IN THIS ARTICLE
Union Pacific Ba
Bell Tel
Boston Land
Osceola
Ee & F
Ee B& MN
H&o És
Bove
Hell Tel
Ilio
Lamson
Aspinwall
Boston
A&p
New York & New Epid
Pullman
Oren Us
M & St P Ga
Beil Tel
West End Land
San Diego
Allonez
A.T
At & Pac
Va C
Ny&ne
Rutland
B&n Bs
M& St P
H & O Us
B.C. Wring & M
Og & LC
Boylston St. Land
A, T&s F
Boston & Mene Fog
Ofd
C& East Ilinois
Fitchburg
Hig
UN Pacific
Bell Telephone
New England Telephone
Ad Erie
Aspinwall Land
Brookline Land
West End
Boston Water Power
T&sf
Eastern Railroad
Mexican Central
New York & Newngland
Union Pacific Co
Wisconsin Cen
Atlantic & Pacific
Boston & Albany
Boston & Maine
California Southern
Central of Mass
Cleveland & Canton
Burl & North
Chic
Burl & Quincy
East Illinois
Cin
San & Cleveland
Flint
Pere Mary
Kc, Clinton
Ringfield
Little Rock
Ratlroada
Cros- Stock
Ing
Pac
H. Air L
Che
Ohio
Chi
Alton
St. Beevers
Srawa
San. & C Cleve
del. & H
del. & L
Den
Erie
Fort Wayne
Han
St. J
Howat. &Tex
I Kan
Tex
L. i
Lake Shore
Long Island
GL Lou, & N
Bulge Louw
N. A
Man
Eanee
Mar & Cin
Memphis & Ch
Mich. C
Minn. & Sc
Miss Pac
Loass M
M. & Essex Eas
Nash. & Chat SL
West
N.Y. c Ae
N.Y
N.E
O. & Miss
Panama
Slynch
Roch, & Pr
Nock Island
St.l
GS St. Rau
St. Paul
St. P
Ut. & Bl
Rio Wab. Pac
Imp
Pullman Pal
W. Union
R.G. W
P. Weat
M.kb
T.g
So. Pac
Cal
Kan
L.G
Amados
Ontario
Aledonia
el Christo
Scorpion
Eae Gould & Om
Stanislaus
Homestake
Jenn. C. & I
London
United States
Atlantic & Great Western
Canada Pacific
New York Central
Pennsylvania
Reading
Maine Central approves seven mile double track expansion
The Maine Central Railway directors authorize a seven mile double track extension from Portland to Cumberland Junction at an estimated cost of 125000. The project aims to reduce delays during peak summer travel and will precede a proposed new union passenger station in Portland costing about 125000 plus land. Work to begin soon if plans proceed.
MENTIONED IN THIS ARTICLE
Maine Central
Maine Central Railway Company
Portland
Cumberland Junction
Maine
Boston & Maine
Maine Central Railroads
Congress Street
Portland & Ogdensburg
Mexican Central Appoints New Freight and Agent Staff
General Manager Jackson of the Central railway announces key appointments to place freight control in Mexico. A. C. Mich aelis becomes general freight and passenger agent with traffic charge in the city, George W. Keeler is general Eastern agent at 261 Broadway New York, and M. H. King serves as commercial agent in Chicago.
MENTIONED IN THIS ARTICLE
Mexican Central
Jackson
The
Central Railway
A. C. Michaelis
George W. Keeler
Broadway
New York
M. H. King
Chicago
Mexico
Central
Hudson to Worcester Rail Line Planned Through Suburbs
A new railroad from Hudson to Worcester via Southboro and Shrewsbury is forming a company to raise about 800 000 dollars in capital. The nineteen mile line is expected to connect with the Central Massachusetts road at Hudson, creating another direct Boston to Worcester link.
MENTIONED IN THIS ARTICLE
Hudson
Worcester
Southboro
Shrewsbury
Massachusetts Road
Boston
Oregon Navigation seeks NYSE listing for mortgage bonds
The Oregon Navigation Company applies to the New York Stock Exchange to list 5 million dollars of consolidated 5 percent mortgage bonds issued in June 1855 as part of 15.155 million dollars issued to cover mortgages on acquired lines. The Virginia Midland seeks listing of 1.297 million from a 12.5 million 5 percent issue of May 1886 guaranteed by Richmond and Danville under a May 1886 lease. The bonds are to retire other bonds. The Minneapolis and Pacific also seeks listing of 3.085 million dollars of first mortgage 5 percent bonds due in seven years.
MENTIONED IN THIS ARTICLE
Oregon Navigation
Oregon Navigation Company
New York Stock Exchange
Virginia Midland Road
Richmond & Danville
Minneapolis & Pacific
Mixed Rail News and Earnings Highlights Across Historic Lines
East bound shipments from Chicago last week reached 43306 tons. At the Boston Stock Car Company annual meeting in Portland Missouri earnings rose by 6452 dollars with surplus assets over liabilities at 2706 dollars. Richmond and Danville stockholders are advised on blank indorsements to Central Trust for temporary certificates exchangeable for Richmond and West Point Terminal stock. Regular stock certificates expected February 1. Fitchburg plans a new Waltham passenger station to begin in spring while Chicago lines expand rolling stock. Consolidation of Fitchburg with Troy and Boston promises new stations and double tracking benefiting Troy. Memphis and Charleston earnings for three weeks January 1887 show 42721 dollars, up from 28820 dollars. Norfolk and Western 1887 gross 8252061 dollars with 2771125 dollars in 1886 and increases in expenses and net income of 169360 dollars.
MENTIONED IN THIS ARTICLE
Chicago
Boston Stock Car Company
Portland
Richmond & Danville
Central Trust Company
Union Trust Company
Richmond & West Point
Fitchburg Railroad Company
Waltham
Chicago & Alton Road
Bloomington
Chicago, Burlington & Quincy
Aurora
Kansas City
Chicago, Milwaukee & St. Paul
Troy
Boston
Memphis & Charleston
Norfolk & Western
Boot and Shoe Sellers Advertised Across Cities
Albany NY WM Whitney & Co Cray Aberdeen MS Stern Bros Allentown PA N A Haas Farr Haas & Co Baltimore MD W L McCleary Gunby Betsworth & Co Am Baltimore MD H I Lobe Grotten Mitchell & Co Bloomington WI J P Smith RP Smith & Sons Centerville Ja IT Goss Am Chicago Ll George P Gore Geore P Gore & 004 10% Cincinnati OH S H Phipps C R Mably US Cincinnati OH Charles Meyer Par Champaign Ui 1 B Arnold Am Cleveland OH George Simon ONeill & Simon Ads Mich R H Fyfe R H Fyfe & Co md Henderson KY N F Alston NEF WW Alston Craw Kansas City MO W P Moores W P Moores & Son Qu Kearney Neb CA Munroe Am Lexington KY George E Spencer Watkins & Spencer U 5 Montgomery Par Oxford NC H G Cooper J C Cooper & Co Craw Pulaski TN J H Cannon J H Cannon & Jo Craw St Louis MO C W Parrish Carter & Parrish TO St Louis Jacob Frank Adler Frank & Co Var savannah GA A RK Altmayer A R Altmayer & Co Par San Antonio Tex L Wolfson Par Toledo O O Smith Smith Simmons & Peabody Ads Ala I Pollak Pollak & Co
MENTIONED IN THIS ARTICLE
Albany
TS Holaling
WM Whitney & Co
Cray
Aberdeen
Miss
M Stern
Stern Bros
Ads
Allentown
Penn
N A Haas
Farr, Haas & Co
Baltimore
W L McCleary
Gunby
Betsworth & Co
H I Lobe
Grotten, Mitchell & Co
Bloomington
J P Smith
RP Smith & Sons
Centerville
F Alston
Alston
Craw
Kansas City
P Moores
Moores & Son
Kearney
St Louis
C W Parrish
Carter & Parrish
Jacob Frank
Adler, Frank & Co
Var
Savannah
RK Altmayer
Altmayer & Co
San Antonio
Tex
L Wolfson
Toledo
Smith
Smith, Simmons & Peabody
Ala
I Pollak
Pollak & Co
Public Debt Statement Shows Treasury Totals and Cash Balance
Washington February 1 The debt statement lists total public debt outstanding 1 856 333 751 99 with principal 1 731 148 859 76 and interest 124 184 892 23, cash in treasury 450 826 423 06 and net cash in treasury 536 390 138 52 after reductions. It details assets and liabilities including gold and silver holdings and balances in national banks and notes outstanding.
MENTIONED IN THIS ARTICLE
United States
Postoffice Department
Eee
Treasury U.S
D.C
Lumber market steadies as demand shifts across regions
Lumber markets show quiet to steady activity with Eastern and Northern lumber in light to moderate demand. Prices remain unchanged though stocks shrink in Chicago and South Chicago, while North mills stay active and logging increases. Ash and walnut show stronger movement amid broad hardwood trading.
MENTIONED IN THIS ARTICLE
George McQuesten & Co
Boston
Hotchkiss
Chicago Lumberman's Exchange
Chicago
Indiana
West India
Vermont
Coal Market Steady Amid Strikes With Limited New York Cargoes
The coal market remains steady with fair dealer stocks but strike limits sales to regular trade. Prices firm, demand strong, some Philadelphia cargoes arriving while New York ports stay idle. Gas coals scarce and Nova Scotia coal unlikely before April or May opening. Shipments by New Jersey roads rising toward 15,000 tons daily as companies resist strike pressure, aiming to resume full shipments soon. Total 1886 production shows Wyoming 17,031,526 tons, Lehigh 6,723,129 tons, Schuylkill 9,681,407 tons. tidewater stocks declined from 93,202 to 872,282 tons year-end.
MENTIONED IN THIS ARTICLE
Philadelphia
New York
Baltimore
Nova Scotia
Engineer and Mining Journal of
New Jersey
Tidewater
Wyoming
Lehigh
Schuylkill
Hudson River
Bay of New York
Capes of
Delaware
Flour and Grain Market Report Quiet and Steady Prices
Market notes for flour corn oats and mill feed show a quiet tone with steady prices. Trade remains light with demand weak and quotations largely unchanged.
Chicago Market Report Notes Wheat and Corn Movements
The Chicago market shows bids and asks for oats wheat and corn with February to June futures quoted. Inspections list 143 cars with multiple grades including No 2 white winter wheat and steamer yellow corn. reports from Illinois Missouri Ohio Kansas Wisconsin indicate generally favorable growing conditions. Liverpool receipts and exports to the United Kingdom and other destinations are summarized, along with miscellaneous flour and grain prices and futures figures.
MENTIONED IN THIS ARTICLE
Bush
Chicago Farmers’ Review
Mlinois
Missouri
Ohio
Kansas
Wisconsin
Liverpool
Woo
Americka
Bombay
Calcutta
Kerrachee
United Kingsdom
Continent
United Kingdom
Chicago
Evga
Iaisiy Ives
Marchie
Canada Superior
Canada
Ann
Butter and cheese markets show steady tones across cities
Reports indicate little change in butter prices with steady demand and ample offerings in Elgin and New York. Cheese remains firm with buoyant Chicago trading. eggs steady in New York and firm in Chicago amid light receipts. Prices for beans seeds potatoes and hay are mixed but stable overall.
MENTIONED IN THIS ARTICLE
New York
Chicago
Hlgin Creamery
Western Creamery Extra
Elgin
Western Creamery
Vermont
Lnsts
New York Creamery
Good
Vermont Creamery
Ohio
Choice Western
Abe
S&l
Saab
Jersey
Eastswale
New Brunswick
Houston
Do Hebrons
Aroostook
de Hebrons
New Yor
Burbanks
Maine Do
Chenangees
Corese
Sic
St. Andrew
Also Mentioned on This Page
Devonshire Street
City OF
Portsmouth
Oho
Blake Brothers & Co
S.A. Kean & Co
Bankers United Bank
Boston Stock Exchange
Old Colony
Boston & Montana
Franklin
Huron
Quincey
Nape State
Wilson W. Fay & Go
Not Street
Elec
Elee
Burton
Crescent
Tahoe
Lord Acoustic
Saelarhon
Summit Branch RR
Bonanza
McKay
NEW York Financial
Public Debt Statement
Waashinneton
St Enferest-Beae
Navy Pension Fund
Ee Pacific Railroad
Witich
Treasury
National Bank
District of Columbia
Total
Pee Eee
Eesewree Reeve
Total.i
di Ane
Pacific Railroad
U. S
Acific
Balances
Jee
Polak
Absgiae
Pacific Railroads
U.S. Cent
Kansas Pac
Union Pac
Sioux City & Pag
Potel Vic
U.S. Central Pacific
Kansas Pacific
Union Pacife
Central Branch
Rioux City & Pagunot Gags
Gore
Sioux City & Pacific
Gk Wai Ates
Coal Trade
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