Boston Stock Exchange Declines Amid Mixed Trading
The Boston market showed broad weakness with declines at midmorning and heavy overall sentiment before a late-day rally lifted many stocks. Rail shares were active with New York City & Northern certificates surging 34? percent on rumors tied to a New England deal, then settled up 14 percent. Various issues such as Texas Rio trust receipts and Chesapeake & Ohio 4s moved lower, while overall daily volume in mining and miscellaneous stocks reached substantial totals.
MENTIONED IN THIS ARTICLE
Nashville
Reading
Louisville
New York City & Northern
Texas Rio Trust
Denver
Chesapeake & Ohio
Jersey Central
Erie
Houston & Texas
Kansas & Texas
Central Pacific San Joaquin
Indianapolis, Decatur & Sringfield Income Trust
Ohio Southern
Atlantic & Pacific Railroad
Atlantic & Pacific
Vals Pacific
Kansas City
Springfield
Memphis
Wisconsin Central
Cincinnati
Sandusky & Cleveland
Chicago
West Michigan
Cleveland
Canton
Mexican Central
Chicago, Kansas & Western
California
Eastern
Central Massachusetts
Old Colony
Cambridge
Fitchburgh
New York
New England
Boston & Lowell
Boston & Maine
Lamson
Lowell
Lowell Courier
Merchants’ Bank
Lamson Company
United States Examiner
Quincey
Tamarack
Huron
H. D. Kyle
Broad
New Streets
New York City
Money Market and Stocks Show Quiet, Early Feb Update
The Poston market reports a quiet money market with general time paper at 5 to 6 percent and manufacturing paper around 4 1 2 percent. Call loans 3 to 4 percent. clearing house balances show modest liquidity. New York exchanges near 122.7 million. bonds and stocks traded widely with Atchison stock and other names moving amid dividend news and earnings projections.
MENTIONED IN THIS ARTICLE
Poston
New York
Reichsmarks
Bank of England
Bank of France
Imperial Bank of Germany
Europe
Paris
Vienna
Berlin
Boston
Bell Telephone
New England Telephone
Maverick Land
Atchison, Topeka & Santa Fe
Eastern
Chicago
Burlington & Northern
Burlington & Quincy
New York & New England
Union Pacific
Atchison
Eastern Illinois
Kansas City, Fort Smith & Gulf Railroad Company
Kansas City
Springfield
Memphis
Oregon Navigations
Oregon Railway and Navigation Company
Willamette River
Portland
Ohio
Senate
Chicago, Burlington & Quincy
Chicago, Burlington & Nothern
Winona
Chicago & St. Louis
Chicago, Burlington & Northern Road
Marshland
Union Land Company of
St. Paul
Chicago Tribune
Union Land Company
Chicago, Milwaukee
Stickney
Minnesota & Northwestern
Burlington
West St. Paul
Green Bay
Winona & St. Paul
Atlantic & Pacific
The
Atlantic
Dividend Declarations From Railroads and Linen Firm
The Kansas City Fort Scott and Gulf declares semi annual 4 percent preferred and 21 percent common stock dividends payable February 15 with books closing February 7 to 12 inclusive. The Chicago and Alton declares a quarterly dividend of 2 per share on both preferred and common stock payable March 1 to holders of record February 12. The American Linen Company of Fall River declares a dividend of 16 per share.
MENTIONED IN THIS ARTICLE
Bell Tel
Wee New En Tel
Maverick Land
T&s PF
B &N
B&q
Seeves
Ny&n
UN Pacific
B& MN
Cal Soine
Eastern Bond Scrip
Spr & M
Maine Cent
NY &N
Rutland
M & St P
Bonanza
Am Bell Telephone
Lgia
At&sf
Eenesee
Alt. & T.u
C. B&q
S“&e
Pac
B. Air Ltd
Fitchburg
Ny&ne
Alton
B. & Qeres
St. le & P
Wis
Fan
del. & H
Hotir del. & L
den. & BR. G
Mex Cent Inc
Erie
Egil
Fort Wayne
West End Land
Ieee
T&sf
BOL Eee Cerucees Houst
Tex. S . Eere
Cent. O
Long Island
J . Bog
Man
Mar
Old Col
Telisac
UN Pace
Memphis & Ch
Cale L
Minn
Miss Pac
St C
K & Wine
Ohio
Essex
K C
Ny& N
So Kan Inc
N.Y. Cen
Ee Lamson
Eastman Car Nng
N .C
Ain Bell
N.Y
N. E
Ing
O. & Miss
Catalpa
ITB
T& SF
Pittsbu Eseveence Or
Boston & Maine, Ae
Rich
C & W Mich
S&c
Ee Vas R. & W
Hastert
Cent Mass
Rock Island
Ace
Cl&c
Cambridge H
Ore
Lilies Vitchburg
St. P Uh
St. Paul
Sprine & Meetoo
Pullman
Texac
Itv
NY &Ne
Aixed Pac
Mali
Poissy
Bell Telephone
W. Union
New England
Aim
Con
Aspinwall Land
Brookline Land
Senee Vrs
Boston Land
Ee Ene
San Diego Land
Cen.Pac
Lit ‘Inc. W
D.& RG
Boston Water Power
T& Bef
G.m
Goad &Pah
St. Peona
Chic
Atlantic & Pacific First
Eastern Railroad
M.K.& T.g.Gs
So. Pac Cal
Mexican Central
Kan
Pac.Con. Los
Tex. Pac
W. Shore
New York
Lithe Oy
Union
Wells Fargo
Wisconsin Cen
agTly
Atlantic & Reece
Ontario
Boston & Albany
Amadoe
Ophir
Boston & Maine
Quicksilver
Do Orla
California
Col. Coal
Central of Mass
Christo
Stan Ae
DD. Terra
Stani Glaua
Cleveland & Canton
H. & N’ Rerossa
Fenn. C. & i
Chic, Burl & North . Co
Wis J
Ulia
Burl & Quincy
Mono
Chic & East
Linois
San
Cleveland
Flint & Pere Mary
Iowa Falls
S City
Little Rock & Ft. Smith
Old Colony
Union Pacific
Ewer
Wisconsin Central
Bree
Brunswick Antimony
Calumet & Hecla
Franklin
Huron
Quincy
Tamarack
Kansas City
Fort Scott & Gulf
Chicago & Alton Road
American Linen Company of
Fall River
Mining stock closing prices reported in San Francisco
In San Francisco on February 3 the official closing prices of mining stocks were released today listing results for several mining corporations. The report records price movements and final figures for top mining shares traded on the exchange.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Market notes and Bank of England rate cut
London stock market reports Atlantic and Great Western firsts and various rail lines with mixed first and second prices. The Bank of England reduced its discount rate from 5 percent to 4 percent, signaling looser monetary policy.
MENTIONED IN THIS ARTICLE
London
Great Western
Canada Pacific
Erie
Illinois Central
St. Paul
New York Central
Pennsylvania
Bank of England
New York Financial Market Opens Quiet After Early Gains
The New York financial scene shows money on call easy at 3 to 4, last loan 3, closing at 242 3. Prime mercantile paper 6 42 6%%, bar silver 102 1 2. Sterling exchange dull and steady. Government bonds dull and steady. Railroads quiet and firm to strong. After 2 16 the market faded from slight advances. New England led, London specialties followed, and the list closed dull and heavy near the opening level. The opening was decidedly quiet.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
New England
London
The Proposed Chatham and Harwich Railroad
A Harwich despatch reports Chatham plans to build a seven mile railroad to Harwich depot without bonds, with capital stock set at 700 shares and about 635 subscribed. Heavy investors include Hon. Marcellus A. The town delays construction until stock is taken and funds are secured.
MENTIONED IN THIS ARTICLE
Harwich
Chatham
Boston
Marcellus
Old Colony to Build New Road Aims by Spring Start
Eldridge mayor of Portsmouth and Nickerson of Chicago’s First National Bank each hold fifty shares in the plan with Boston figures including the Hon Alpheus Hardy. The Old Colony Company likely to win the contract and start capital payments by Feb 15 with excavation to begin, aiming full operation in early spring.
MENTIONED IN THIS ARTICLE
Eldridge
Portsmouth
N. H
Nickerson
First National Bank of Chicago
Alpheus Hardy
Boston
Old Colony Road
Old Colony Company
New York and New England Rumors on Railroad Deals
The Wall Street News reports mixed views on New York and New England matters amid rumors of a New York city connection. It cites Housatonic control by New York and New England parties and alleged acquisitions of the Anbury and Norwalk line, Hawleyville to Long Island Sound.
MENTIONED IN THIS ARTICLE
New York
New England
Wall Street News
New York City
Housatonic
New York & New England Arties
Anbury & Norwalk
Hawleyville
Hartford
Wilson Point
New York & New England
Henry Monett Named General Passenger Agent of New York Central
Henry Monett appointed general passenger agent of the New York Central & Hudson River Railway to replace the late D. M. Kendrick. A veteran railroader, he previously served as assistant and general passenger agent for the Pittsburg Cincinnati St Louis and the Pennsylvania Company, and led passenger operations for the New York West Shore Buffalo and Nickel Plate roads.
MENTIONED IN THIS ARTICLE
Henry Monett
New York Central & Hudson River Railroad Company
D. M. Kendrick
Monett
Pittsburg, Cincinnati & St. Louis Railway
Ele
Pittsburg
New York & West Shore &Uffalo Railroad
Canadian Pacific Earnings for December and Year 1886
The Canadian Pacific Railway reports December 1886 gross earnings of 894 100 and net profits of 280 245. For the year 1886 gross earnings total 10 081 803 with working expenses 6 378 317 and net profits 3 703 486, compared with 1885 profits of 3 225 216 for the year and 241 033 for December. The December gain over last year is 39 212 and yearly gain 478 269.
MENTIONED IN THIS ARTICLE
Canadian Pacific
Canadian Pacific Railroad Company
Funeral Attendees Honor D. M. Kendrick in Terre Haute
City’s general passenger agents and railroad officials gathered for the funeral of D. M. Kendrick of New York Central. About forty Chicago men and numerous travelers from St. Louis Cincinnati Louisville New York and Boston attended with grand floral tributes. Kendrick, born Edgartown Martha’s Vineyard, rose to a top railroad position and died January 25 in Thomasville Georgia after a long illness.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
Louisville & Nashville Railroad Company
Union
Trunk Line
New York
Madison
Wis
Old Portage Railroad
Omaha
Farmers’ Loan and Trust Company of
Long Island
Grand Trunk Road
LH. B. Rollins
Georgia Central Road
Chicago & Atlantic
Chicago
Seaboard
Chicago & Grand Trunk
Michigan Central
Lake Shore
Fort Wayne
Pan Handle
Baltimore & Ohio
Nickel Plate
Indianapolis
St. Louis
Columbus
Kansas City
Missouri Central
Mississippi
Alton
Bees City
D. M. Kendrick
New York Central Railroad
Terre Haute
Ind
Cincinnati
Louisville
Boston
New York Central
Kendrick
New England
Orn
Edgartown
Martha’s Vineyard
Thomasville
United States
Dan
Commodity Market Brief Sees Mixed Movements Across Grains and Provisions
Wool remains active and firm while flour and rye remain steady. Corn and oats show mixed tones with oats steady, oatmeal quiet but firm, and butter, cheese, sugar, and molasses holding firm. Potatoes demand remains good. beans and truck demand are steady to fair. tallow and provisions stay firm.
Wool Market Steady Amid Mixed Global Signals
The wool market remains steady with firm prices and active demand. Ohio, Pennsylvania, Michigan, and California fleeces show varied strength, while Australasian and River Plate production forecasts hint at future price shifts. trade talks in Washington address wool tops and waste duties affecting domestic buyers and mills.
MENTIONED IN THIS ARTICLE
Ohio
Pennsylvania
Michigan
Territory
Texas
California
Oregon
Messrs. Williams and Overbury
River Plate
Germany
England
London
Europe
America
Boston
Philadelphia
Washington
Attorney-General
Department
Fairchild
Treasury Department
New York
Amsterdam
N. Y
Wool Market Report Reveals Slower Demand and Price Tendering
The Cincinnati market notes fair demand for medium clothing and fleeces with limited supply. Eastern mills seek desirable lots while Western buyers purchase pulled wool. prices show modest movement across unwashed, combing, delaine, and fleece categories in Boston St Louis Chicago and Ohio markets.
MENTIONED IN THIS ARTICLE
Colorado
Ohio
Territory
Nevada
Cincinnati
St. Louis
Kansas
Texas
Chicago
Montana
Wisconsin
Michigan
Pennsylvania
California
Oregon
P T
Boston
Mr. Barrows
Burlington Woollenee
J. Booth
Providence
R. I
William Tinkham
A. A. Sack
R.I
F. S. Black
North Billerica
A. P. Obzenham
Manchester
N. H
William Zieck
Paul Holden
Gaysville
J. E. Hopkins
Danielsonville
Conn
F. W. Adams
Glendale
Joseph Walworth
Lawrence
C. Peckham
Coventry Centre
Ulman
Mr. Holthusen
Market Reports Flour Prices Steady Amid Low Activity
The flour market shows no change with nominal prices and little trading. Wheat remains steady, corn dull, oats unchanged, and steamer yellow stable around 6 14 0. No. 2 white sold at 40 404cc. On call sales and bids are listed with varying fractions and total daily sales reaching 70 cars, while weekly export totals are shown for multiple ports.
MENTIONED IN THIS ARTICLE
New York
Boston
Portland
Port News
Philadelphia
Baltimore
New Orleans
Preyio
Also Mentioned on This Page
Boston Stock Exchange
Wilson W. Fay & Co
State Street
Bloc. Mange
Migsels
Gray’s Dynamo
Elec
Devonshire St
Mass
Nassau St
Messrs
Baring Brothers & Co
Basset, Whitney & Co
Bankers and Brokers
Devonshire Street
City OF
Blake Brothers & Co
S.A. Kean & Co
Bankers United Bank
Best &Peloher
Mt. Diablo
Chollar Ok
Potosi
Cal & Va
Savage
Crown Point
Sierra Nevada
Gould & Curry
Hale & Norcross
Utah
NEW York Financial
Chatham and Harwich Railroad
Dse
Kentucky
Canada
Delaine
Owio Ener
Ose
Sea Ees
BO Mose Delaine
Wyoming
Abe
Nebraska
Cacomia
Mos
Ivan Vetene
Michiel WI
Maine
Puneus
Cisco Secs
Australian
New Zealand
al Porelen