Money Market and Market Highlights from Boston
The Money Market report shows ample funds and easy lending with 2 percent at the clearing house and 4 to 5 percent on time paper. U S Treasury chaarts, foreign exchange rates, and stock activity in Boston, New York, and Chicago note dull markets, rising dividends, and notable railroad earnings and copper stock chatter.
Norfolk and Western Railroad Bond Authorization Revealed
The 1887 bond issue funds a line from Graham on the Norfolk and Western New River Division to Wise County Virginia with Louisville and Nashville to connect. Bonds secured by a first mortgage on Clinch Valley Division and equipment valued at 500000. Additional bonds up to 825000 allowed at 15000 per mile for completed branches. Net income and expenses rise from 1886 figures. fixed charges listed as 1770942 and 101648 respectively.
MENTIONED IN THIS ARTICLE
Graham
Norfolk & Western
New River
Wise County
Virginia
Louisville & Nashville Railroad Company
Clinch Valley
Chicago Burlington Bond Issue Subscription Notice
The bonds will be issued in 1000 denomination with coupons payable in New York and Philadelphia. Subscriptions are invited at 95 percent for investors, about 14. percent return. Books open February 13 and close February 16, 1888 at 3 pm. Payments: 10 percent on application, 85 percent March 1. bonds ready for delivery bearing 5 percent interest from March 1, 1888. Right to reject proposals or close any day without notice.
MENTIONED IN THIS ARTICLE
Philadelphia
Elisha Moseley
Boston
Mass
Pennsylvania
I. J. Wisrar
Chicago
Burlington & Quincy
St. Paul
Chicago, Burlington & Quincey
Chicago, Burlington & Northern
Chicago, Burlington & Quincy
New York
Mexican Central
Northern Equipment Go Bond Offering With 6 Percent Net
After 1893 an annual sinking fund of 10 percent funds the bonds at par. Redeemable at 105 after 1893 with six months notice. Principal and interest guaranteed by Chicago Burlington and Northern Railway I. and secured by a mortgage on rolling stock held in trust. Bonds offered to net over 6 percent to investors.
MENTIONED IN THIS ARTICLE
San Diego
State Street
West End
Chicago, Burlington& Northern Rf. I
Mining and Miscellaneous Stocks Report
Listing of various mining and electrical stocks with price quotes and quantities. Companies include Weston Electric Light, Eastman Car Heater, Crescent, Bank cleaners, and Security among others, with share counts noted.
MENTIONED IN THIS ARTICLE
Burton
Srvecsesseves
N. E. Weston Elec
Oon
Eastman
Hocckocnes
Catalpa
Cscccc
Crescent
Quarterly dividends listed for several firms in Fall River and Pittsburg
Richard Borden Manufacturing Company in Fall River pays a quarterly dividend of 14 percent. Delaware & Bound Brook Railroad Company also issues a quarterly 2 percent dividend. National Gas Company of Pittsburg Pennsylvania pays a monthly dividend of 1 percent.
MENTIONED IN THIS ARTICLE
Richard Borden Manufacturing Company
Fall River
Delaware & Bound Brook Railroad Company
National Gas Company
Pittsburg
Penn
Quotations And Last Sales From The Boston Stock Exchange
New York stock sales total 48 092 shares today with detailed figures for silver certificates and various bonds. The report lists opening, highest, lowest and closing prices and notes yesterday’s closing prices, reflecting activity across multiple securities in a daily market summary.
MENTIONED IN THIS ARTICLE
New York
Watertown Union Live Stock Market Report Feb 14 1888
Weekly market summary from Watertown Union notes cattle sheep swine numbers by state and road car counts. Prices listed for market beef store cattle and hides with buyers and seller details including Hathaway Melloy Whipple & Farnham and regional lines.
MENTIONED IN THIS ARTICLE
Boston Post
George J. Fox
Maine
Hampshire
Massachusetts
R.I
New York
Boston & Maine
Boston & Lowell
Fitchburg
Boston & Albany
Eastern
Lota
Brighton
Baton & Albany
Union Market
Watertown
Sue
Melloy
Whipple & Farnham
New York Financial Rundown Shows Dull Stock Market Outlook
In New York on February 14 money on call remained easy at 2 to 2 1/4 percent with limited demand for prime mercantile paper. Bar silver stood at 54 1/2, while sterling exchange hovered dull. Government and railroad bonds were weak or steady. overall stock activity collapsed after noon with the dullest market on record, as transactions were scarce and prices fluctuated within narrow bounds. Railroad bonds sold for 610,000 dollars. notable price moves included Burlington firsts up to 105 1/2 and other issues in mixed territory amid broad market heaviness.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Fran Francisco
Sight
Telegraph
New Orleas
Commercial
Bank
Savannah
Charleston
United States
National Bank
Reichsmarks
Atchison
California Southern
Ccc
Cece
London
Calumet & Hecla
Jere Abbott
Calumet
Quincey
Quincy
Tamarack
Osceola
Franklin
Huron
National
Allouez
Rio Tinto
St. Louis Copper Company
Houghton County
Mich
Amarack
St. Mary’s Canal Mineral and Company
Henry F. Q. D’aligny
Whch
Lake Superior
Henry Sayles
Frederick Beck
New York Stock Exchange
Dickinson
San Diego Company
San Diego Land Company
Seuer
San Diego
National City
Chula Vista
The
Financial Review
William B. Dana & So
Joseph G. Martin
State Street
Financial Chronicle
Prime Mercantile
Sterling Exchange
Burlington, Cedar Rapids & Northern
Chicago, Burlington & Northern
Northwestern Sinking Fund
Evansville
Indianapolis
Ohio & Mississippi
Springfield
Toledo
Ann Arbor
North Michigan
Chesapeake & Ohio
Hocking Valley
Fort Worth & Denver
Kentucky Central
Louisville & Nashville
Kansas & Texas
New Jersey Midland
San Francisco
Texas Pacific
Supreme Lodge Forms Massachusetts Grand Branch of New England Order
The Supreme Lodge met at 724 Washington Street to institute the Massachusetts grand lodge of the New England Order of Protection. Officers elected include M. V. B. Flanders Chelsea grand past warden John J. Whipple Brockton grand warden Harriet A Mapsur Newburyport grand vice warden S Hinckley South Boston grand secretary and others from Lawrence Cambridge Charlestown Haverhill Randolph and more.
MENTIONED IN THIS ARTICLE
Order OF Protection
Supreme Lodge
New England Order of Protection
Washington Street
Grand Lodge of
Massachusetts
M. V. B. Flanders
Chelsea
John J. Whipple
Brockton
Harriet A. Mapsur
Newburyport
S. Hinckley
South Boston
M. Bnime Barr
Lawrence
Daniel E. Frazer
Cambridge
George J. Cann
Charlestown
George E Lord
Haverhill
Jared Whiting
Randolph
Downer Oil Works Stoppage Linked to Refining Profits
The shutdown is attributed not to absorption by Standard Oil but to the enormous output of that company making oil refining unprofitable.
MENTIONED IN THIS ARTICLE
Downer Oil Works
Standard Oil Company
Market Summary Shows Steady Demand Across Commodities
Commercial matters indicate quiet to firm movement in staples. Butter cheese eggs beans hay potatoes sweet potatoes and fruits show steady to fair demand while meats including pork lard hams fresh beef and mutton stay steady with small supply in veals and a fair movement for lambs.
MENTIONED IN THIS ARTICLE
Florida
Quiet Lumber Market Maps Narrow Movements Across Regions
The lumber market shows little change with weather hampering movement. Eastern lumber sees quiet activity while Pennsylvania spruce holds firm and Western supplies stay near old quotations. Hard woods show fair demand as 1887 output climbs 26 percent from 1886, with rapid exhaustion noted.
MENTIONED IN THIS ARTICLE
United States
Boston
Pennsylvania
Canada
Canada Clear
Indiana
Bain
Also Mentioned on This Page
Summit
Wistar
Inc
Guadalajara
Greenfield
Mexican Central RailRoad
Metropolitan Street Railway of
Kansas City
Minneapolis Street Railway Company
Atlantic & Pacific
Maniba
Memphis & Birmingham
Pullman
Cleveland & Canton
Cincinnati, Sandusky & Cleveland
Northern Pacific
Oregon Railway and Navigation
Oregon
Ogdensburg & Lake Champlain
Chicago, Kansas & Western
Southern Kansas
Memphis & Lirmingam
Concord
Worcester
Nashua
Union Pacific
Bell Telephone
New England
Erie P Telegraph and Telephone
Uemeny En Nem
Norfolk & Western Railroad
Clinch Valley Division
Chicago, Burlington
Messrs, Vivian Gray & CO
Clark, Dodge & CO
EW. Clark & GO
Devonshire Street
Investor
Wilson W. Fay & Co
Nea Tena
Kansas City Cable Railroad
New England Trust Co
Blake Brothers & CO
Quincy Water CO
American Loan & Trust Co
Williams & CO
California
Cal
Alta
Cee Cone Best & Belcher
Potosi
Las Sierra Nevada
Ae Union Com
Sees
Crown Point
Eureka Con
Utah Scacencniees Gould & Curry
Yellow Jacket
Hale & Norcross
Nevada
North Belle Isle
Consols
Atlantic & Great Western
Canadian Pacific
Erie
New York Central
Reading
Paris
Bank of England
Baineers
Lamsonss
Lamoine
Cal & Hee
Tamarack A
T&s
B&q
Manitoba
Ny&ne
T&sf
A& Pine
al Soine
Atros
Ain Bell Telessen
Erie Tel
TS Sr
B& A
B& M
B&l
RIL& P Seer
Conn
Aratue &C
M& B
Ce Summit
Nash W& Lowell
Oy & LC
Ee Am Bell
Ccs
Campobello
Newport
San Diexo
Wollaston On & Allouez
Corosere GO
B&a
B&n
M&b
Nor & Wor
W, N&r
M& Bbs
Iglataia Bioins
Bell Tel
Boylston Street
Lamoine I
Boston Stock Exchange
St. P
Pac
Isis
Shore
Alloues
ALTHO
Ac Atlantic
Bonanza Devel’t
Scont
Cetass
Winthrop Cs
Aspinwall
Boston W. TA
Brookline
Esee
Settee
East Oston
Frenchman’s Bay
Payson
LA Topeka
Ohie
Winthrop
Ly Wollaston
Boston & Alban
Baese
Boston & Lowe
Boston & Providence
Central of Mass
Sian. Iver
Col. SP. & Cin
Aida
Flint & Pere Marconi
Oy & Pere M. Pref
Scott & Gulf Sl
K.C
Gulf
CL & Ee
Spit
Mein. & . Bol
RLS
Maine Central
N.Y
Pee E
Rutland
West End Rail
Wisconsin Central
Wisconsin
Atch. Co
Atch. L. G
Vain
Atch, Tr
Atlantic & Pac
Lst
N.L.G. Is
Kan
West
Chi
Dub. D
Elk H
Fls
K. C
K. Gy
N. Y
N. E
Sds
Nor
D'o
Do P
Oregon Short Line
Uc. Con
Do Inc
Vy Pueb
Ark. Val
Kansas
Sonora
Ajo Fae
Lamson Store Ser. Co
Boston National Banks
Atlantic
Mkt
Massach’ts
Atlas
Blackstone
Maverick
Blue Hill
Mechanics’ Merch
Vile Boston
Hoylston
Broadway
Metrop
Tan
Monument
Byls
Sunker Hill
Central
Mt. Vernon
City
N. England
Columbian
North
Commerce
N. America
Old Boston
Contin ’Ntal
Edem Pt
Republic
Everett
Revere
Exchan
Rockland
Pi Yan
Hill
Shawmut
iBhion & L
Freeman's
Globe
Suffolk
Hamilton
Third Nat
Hide & L
Fremont
Union
Lincoln
M’facturers
Webster
Market
Merrimac
Cambgept
Mt Wolston
Dedham
Naumkeag
Old Lowell
Pemigwiet
Hyannisse
Laconia
Amoskeag
Lancaster
Andros
Appleton
Owell
Arlinon
Tow
Lyman
Munch
Opton
Merrim
Best
Belt
Middlesex
Mondnock
Chicopee
Clinton
Cocheco
Newmark
Pacific
Dwight
Pers Mon Perell
Falls
Jackson
York
Ene
Alt. & T
Abe & Pacific
Air L
Dan ‘Pacific Ee
Central Lowa
Central Pac
Alton
St. Ls & P. Ener
Col
Del
del. & L
Den
Eric
Rei
East Venn
Houston
Texas
Iad
Eee
Tex
Lake Shore
Long Isler Lon, & N
Lon. & N
Man
Beach
Ea’ M
Ohio
Hsse
Nash & C1
Northwes
Texas Pac. v
O Pacific
Utica & B
St. L
Oregon Impertee
Fener Sweer A
Eree
Pacific Mail
Pullman Pal
W.asion
T. G
M. UC Nion
N. Pacists
N. W
Express CO
Pay
Adams
Ute Beisee
Iw Lis Fargo
Mining Companie S. Alta
Jomestake
Amador
Brunswick
Ontario
S. Nev Ree
Deadwood 'T
Dunkin
E! Cristo
Watertown Union
H A Wilcox
Flanders
NEW York Financial