Money Market Quiet in Boston as Rates Hold Steady
Boston money market remains quiet and easy with moderate demand for funds. Desirable paper scarce. general discounts steady. Clearing house balances 2 percent. mercantile paper 5 to 6 percent. country banks discounting good mercantile paper around 6 percent. Exchange totals and treasury figures show steady activity with gold and currency holdings and foreign exchange prices reported.
Boston Stock Exchange Bonds Summary
Bond listings show varied prices for Canadian and American issues on the Boston Stock Exchange. Highlights include D. & R. G. firsts around 118 to 119, Erie and Kan. P. cons around 104, M., K. & T. bonds near 69 to 70, and N. Pac. issues around 115 to 116. Several rail and utility issues trade in the mid to high 60s with minor percentage changes.
MENTIONED IN THIS ARTICLE
Cen
Erie
Kan
M. Union
N. Pac
N. W. Deb
New York Financial Market Mixed Amid Slow Trading
Money on call remained easy at 2 to 2 1/4 percent, closing 2 2 1/4, with mercantile paper at 7. Bar silver 95.5 percent. Sterling dull but firm. sixty-day bills 4.84 and demand 4.86 percent. Government and railroad bonds steady. Stock market traded dull after noon with minor gains early, then settled near opening prices. Notable moves include Richmond & West Point stocks advancing modestly while Manhattan declined. Rail bonds trading limited. Fort Worth & Denver firsts 72, Chesapeake & Ohio 108, St Louis Jacksonville & Chicago 116 1/4, St Paul Southwest 114, and several other issues fluctuating.
MENTIONED IN THIS ARTICLE
N’t
Guadalajara
Summit Branch
William G. Howe
Boston
Philadelphia
Elijah Moseley
New England
Flint & Pere Marquette
Wisconsin Central
Columbus
Springfield
Cincinnati
Boston & Lowell
Old Colony
Central Massachusetts
New York & New England
Atchison
Chicago
Kansas & Western
California
Louisville & Evansville
Rutland
Southern Kansas
Texas
West End Street Railway Company
Henry M. Whitney
Prentiss Cummings
D. F. Longstreet
J. H. Goodspeed
C. E. Sargent
Henry F. Woods
Evans
San Diego
Calumet & Hecla
Tamarack
Quincy
Osceola
Franklin
Atlantic
Kearsage
Allouez
Ironton Iron
National
1000 National
tTuron
Boston & Montana
Societe Des Metaux
Los
Central
Boston & Ee
Boston & Lowel
Maine
French Bay
Newports Weweeer
Calitor Central of
Clevelan
Canton
Cleve
Catalpa
Col
Sp. & Cin
Cai & Hec
Fitchburg
Ohio & Miss
Lint & Pere Mar
Cape
Lint & Pere M
Ont
West
Sneer Agis
Moi
K.C
Ft. Scott & Gulf
Oregon
Ft.5
Gull
Ie C
Manitoba “Rights
Pittebure
K. Cs Spring
I. R's
Ft. S
al Tee
W. P
Rome
Bra
Maine Central
Eee
Roch
Pitts
Rock Island
Sti.l
S. F
PME
M. Ae
Bell Tel
Ccecce
West End Rail
U. Pacific
West End
Utica & B.rah
Wisconsin Cen
Or & F
Onta ‘T
Teleph
W. Eae E
Bale San Diego
Bell Soc
Oo Land and
Eeee
Erie Telephone
Oregon Iin
Oni
Cal & Hec
Eng
Pacific Mail
Pullman Pal
W. Union
Lamson Store Ser. Co
Eeee National
Cesses
E. Quincy
Boston Nations
T&sf
A& Peters
Atlas
Maasach 'Ts
Blackstone
Maverick
B&l
B&q
Roylston
Spr & Cin
Broadway
Tan
Manitoba
Nye&n
Mts
Vernon
Old Col
City
N. Ngland
iNanerica
Pegle’s
Eagle
Redanov
Reyiblic
Everett
Do Inc
Blyth
Hall
Sh & L
Freeman
Globe
Su Ik
Cal & Hee
Hamilton
Franklin Aeeer
UN Pac
Blue Hill
Jowell
Ygiya
T&s
Chelsea
Pengswset
Amory
Lacgia
Seeee
Amoskes Ig
Lenster
bsiLve KC
Lyn
Bates
Ergmck
Bos Belt
G.rt
GO Inc
Clinton
Naike’g
Axe
Bell
Newark 'T
Otis
Lamson
Everett Gypy
Pespercni
Boston WP
Saalmon F
Ane
Gt. Falls
le Stark
Newport
Cssssee
Sul’k
Hill
Jackson
York
Ceeeere O
Bonanza
Oso Ceese
Ava
Franklin Ee
Ccsceeee
M.ees
P. S&p. Cacresce
U. Picisee Energie
New York
Prime Mercantile
Sterling Exchange
St. Vayland Lake Shore
Richmond & West Point
Manhattan
Fort Worth
Rome, Watertown
Ogdensburg
South Carolina
Wabash
Chesaneake & Ohio
Texas Pacific
St. Louis
Arkansas & Texas
Foreign Financial Markets and Bank of England Bullion
London quotes Consols at 102 percent for money and 102 7 16 for the account. US stocks and Canadian and Mexican yields listed. Discount rate for short bills at 11 4 16 lines. Paris 3 percent rentes at 81 francs 474 centimes. Bank of England bullion balance today £18,000. Berlin reports Imperial Bank of Germany specie increase 11,220,000 marks.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Cental
St. Paul
New York
Aris Advices
Bank of England
Berlin
Imperial Bank of Germany
Union Pacific Eyeing Utah Southern Extension to Los Angeles
Reports from Salt Lake City indicate Union Pacific plans surveys for a Utah Southern extension from Milford to Barstow then Los Angeles, with two surveying parties and an estimated $70,000 per mile. The route would follow a direct line via Ash Meadows, crossing Nevada toward the California line, part of a transcontinental system with passenger trains between Los Angeles and Omaha.
MENTIONED IN THIS ARTICLE
Union Pacific Railway Company
Utah
California
Salt Lake Tribune
Bishop Sharp
Boston
New York
Adams
Union Pacific Road
Utah Southern
Milford
Barstow
Atlantic & Pacific
Mojave Junction
Los Angeles
J. P. Smith
Charles Hardy
Ash Meadows
Omaha
Sulphur Springs
Bristol Pass
Priche
Pahranagat Valley
Mr. Smith
Black Rock Station
Nevada
Bond Offering for Eight Percent First Mortgage Bonds
Eight percent first mortgage bonds offered with semi annual interest. Principal and interest payable in gold at our office. For sale by
MENTIONED IN THIS ARTICLE
New England Trust Co
Boston
Quotations and Last Sales From Boston Exchange
Mining companies and New York stock sales show daily corrections from official Boston reports. Today's transactions total 129,534 shares with shares sold, opening, high, low, and closing prices noted versus yesterday's close.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
New York
The Providence Lease and Public Benefit Debate
A reader letter urges the legislature to weigh public gains from uniting Old Colony and Boston and Providence railways. It argues the Union should serve the public, not focus on stockholder profits, contending economies and better service justify consolidation if fares and facilities improve.
MENTIONED IN THIS ARTICLE
House
Old Colony Railroad
Boston & Providence
Old Colony
Springfield Republican
Haas
New England
Boston
Brockton
New York
Bristol
Jamaica Plain
Choate
Lectures by Women At Norcross Hall This February
The Young Men's Christian Union announces Tuesday evening lectures in Norcross Hall. On Feb 14 Mrs Kate Gannett Wells of Boston speaks on Chivalry versus Legislation. Feb 21 Miss Emma Shaw of Providence presents Talk Upon Alaska. Feb 25 Mrs Bernard Whitman of Boston discusses Talk Upon Bogota Life in Colombia. A display of curios costumes and photographs accompanies the talks.
MENTIONED IN THIS ARTICLE
Young Men’s Christian Union
Norcross Hall
Kate Gannett Wells
Boston
Emma Shaw
Providence
KR. L
Alaska
Mre
Bernard Whitman
Bogota
United States of Columbia
Debating High Tariff Claims in The Post
A Boston letter disputes Sherman Edmunds and Loring arguments on protection. It questions who bears duties, notes tea coffee and sugar price shifts after tariff changes, and argues American labor productivity lowers prices abroad. The writer urges readers to judge tariff vigor against consumer and commerce interests.
MENTIONED IN THIS ARTICLE
Shermas
Sherman
Edmunds
Harper’s Monthly
George B. Loring
America
Rio
Rio Janeiro
China
England
Europe
Boston
Condition of business shows mixed demand and rising failures
The Weekly Trade Review notes no major overall change in business yet reports a 13 percent rise in payments outside New York, with sluggish intercity trade and a large buildup of indebtedness from real estate and commodities. Iron and coal sectors weaken amid strike effects while markets mostly edge lower. Canada sees an unusual surge in failures with 52 recorded in the week.
MENTIONED IN THIS ARTICLE
New York
Weekly Trade Review
R. G. Dun & Co
Intersor
Europe
Pittsburg
Philadelphia
E. Russell & Co
Mercantile Agency Today
Telegraph
United States
Canada
Dominion of Canada
The Transit Problem and City Reform Urged
Citizens urged to send grievances about the horse car service to TP. O box 1594 Boston for collection of facts and opinions. Responses will form a basis to press legislation for the people's rights and suitable petitions. Boston, Feb. 9, 1888.
MENTIONED IN THIS ARTICLE
Sir
Boston
Boot and Shoe Buyers Across the Nation
A listing of boot and shoe buyers from multiple cities including Alleghany Canton Lorain and Philadelphia. Names such as Fielding Doyle Gore Hull Lowrey Pollak Lynch Schafer and Altmayer represent firms like Blumhager Phelps Palner H Schwartz Iro Gore & Co Schafer Swartz Altmayer & Co and Pollak & Co. The notice catalogs buyers and their associated firms across states from Ohio and Illinois to Alabama and Pennsylvania.
MENTIONED IN THIS ARTICLE
Alleghany
Enn
J Fielding
Craw
Penn
C Kilana
A Blumhager & Co
Akron
WEB Warner
Warner & Miller
Chicago
EP Dodge
Phelps, Lodge & Palner
J F Pratt
Bowers & Pratt
Chattanooga
Tenn
H Schwartz
H Schwartz & Iro
Charleston
L Elias
Cincinnati
T Frank
J D Frank & Co
Maysville
Picor
Amn
Murfreesboro
J Frank
J Frank & Co
Mt Vernon
Hull
Mansfield
Ad. Es Louis
J H Schafer
Schafer, Swartz & O
Savannah
A R Altmayer
A R Altmayer & C
Also Mentioned on This Page
Ange
San Francisco
Sight
New Orleans
Bank
National Bank
Reichsmarks
West Hind Land
Burlington & Quincy
Chicago, Burlington & Quincy
Iowa
Transcript
Burlington & Quincey
Chicago & Eastern Illinois and
Chicago & Indiana Coal Railway Company
Union Pacific
Kansas City
Memphis
Sandusky
Inc
Ananias
Wall Street
Duluth
Burlington, Stillwater & Duluth Railway Company
Burlington
Northwest
Paloo
Rai
Burlington, Chicago & Eastern Illinois
Geils
St. L
F. G.M
I. M. Pateg
Tex. P. L. G. Tr
Tex. P. R. G. Tr
U. Pac
W. Shore
Proustite
Col. Cabe
Quicksilver
Neo
Dunkin
Risto
Ss. Sebastian
Eureka
Hale & Nor
Sava
H.C
S. King
Tenn. C
Wilson W. Fay & Coy
State Street
Eastman
Gray’s Dynamo
Lord Acoustic
Ereener
Silver King
Barton Stock Car
Boston Water Power
Reece Atton Hole Machine
N. E. Weston Elec
NEW York Financial
Foreign Financial Markets
Railroad Matters
Trunk Lines
Central Traffic Association
New England Lines
Fink
Trunk Line
Chicago & Aston Railroad
Bloomington
Odell
Chesapeake & Ohio Railroad Company
J. Pierpont Morgan
John Crosby Brown
George Bliss
Newport News & Mississippi Valley Company
Chesapeake & Ohio
Huntingdon
Hudson River Suspension Bridge Company
New York Railway Company
Atlantic Trust Company of
Hudson River
Terplancks Point
Buttermilk Falls
Chicago & Atlantic
Paul
Denver & Rio Grande
Deere
Basset, Whitney & Co. Bankers and Brokers
Devonshire Street
Kansas City Cable Railroad
Blake Brothers & CO
John Jeffries & Sons
Devonshire St
Williams & GO
Cal
Angin
Best & Belcher Bodie
Chollar
Con
Crown Point
Ould & Curryle & Norero Mexican
Sales Allouez
Arnold
Bonanza Devel’ T
Cainmet & Hecla
Hagave
Crescent
Ae Dunkin
Huron Ig
Trenton
Winthrop
Aspinwall
Bly
Soulston Street
Stookline
Topeka West End
Priens
Wollaston
Atch. Coll. Tr. Bs
Atch. L. G
Atlantic & Pac
SLY Atlantic & Pac
Gx & A
YOY
Nee
M. St
Dub
K. Fre
Eik H
Ets. & Guit
K. Oe
Bt. J
Libs
I. R
Ft. Smith
Leie .& Stl
Central Inc
Scrip
N. E. Gs
N. Y
N.E
Lina ‘És
UL. C. Con
The
Pueb
Bob Savage
Sierra Nevada
St. Jo
G. Los
Commonwealth
Ae of
Central Inc. Hs
Hugh
Ing
T. H
al. & Pacific
Silas
Alton
Fort Wayne
Houston & Texas
Bos, Byeau &N
Sear
Man
Beach
Providence Lease
Messrs. Sherman
Edmunds and Lorings
Boot and Shoe Buyers
Washington, Penn
Henry Hull Craw
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