Money Market Opens Steady With Low Loan Rates
The Boston money market opens with easy rates as all loans at the clearing house run 2% while general market loans sit around 4 to 5% with most trades near 4.5%. Call loans with collateral range 3 to 5% and New York funds discount 5 to 10 cents per $1000. Exchange figures show higher activity than a year ago, and the local bank reserve surplus widens though deposits slip by $400,500. The stock market is active and broad, with Atchison and Burlington & Quincy among movers and a mixed earnings outlook for several railroads.
MENTIONED IN THIS ARTICLE
Bostox
Clearing House
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Secretary of the Treasury
Reichsmarks
Boston Bank
Investment yields listed by insurance and bank firms
The Nantucket Savings Bank offers 2 percent. The Security Fire Insurance Company of New Haven pays semi annual 3 percent. The Boylston Insurance Company provides 3 percent. The Oregon Improvement Company issues quarterly 142 percent payable Feb 1.
MENTIONED IN THIS ARTICLE
Nantucket Savings Bank
The
Security Fire Insurance Company of
New Haven
Boylston Insurance Company
Oregon Improvement Company
Investment Securities Listing In A Boston Firm Ledger
DeR Kidder and Peabod & Co bankers list bonds and stock orders executed across Boston New York and Philadelphia. entries include Amoseg Mills Winthrop Mills Union Railroad fisheries and various Mfg Co securities with dates 1893 1894 and notes by order of Executor. multiple banks and trusts featured with several railroad and manufacturing stocks listed for sale or transfer.
MENTIONED IN THIS ARTICLE
Boston
New York
Philadelphia
Cheshire RR
Union Cotton Mfg
Fall River
le Rock & Fort Smith Railway Co
Serip
E Rock & Fort Smith Railway Co
Jay State Live Stock Co
Jganquin Club
Amoskeag Mfg.Co
AISC
First Nat. Bank
Chelsea
Mass
Edwards Mfg
Great Falls
Iverett Mills
Arlington Sills
Allanude Cotton Mills
Crnt Falls
Vlong RR
H. Det
Lansing & No. RR
N. K. Anderson Pressed Brick Co
Winfield Mort, Trust Co
Winfield
Kaw
Union Glass Co
First Nat.bank
Boston Hexting Co
Charlestown
M. L
Ind
Ston & Lowell RR
Ey Kan
So Western RR
Decatur
Naeize Electric Light Co
Unbridge Electric Light Co
Sennt Guar
Thomson-Houston Electric
Auction Sale Continued with Various Railroad and Bank Stocks
The listing details numerous securities including Con. River RR Vo N, Revere Bank, Mercantile Bank of Salem, Hopkinton National Bank, Franklin Co Lewiston, Gt. Falls Mfg, Continental Mills, Jackson Mfg, Manchester Mills, Everett Mills, Newmarket Manufacturing, Somerville Horse RR, Clinton Mills, Mercantile Fire and Marine Insurance, Hamilton Woollen, Newmarket Mfg, Fitchburg RR, Consolidated RR of Vermont, Portland Saco Portsmouth, Old Colony RR, Lawrence Gas Lt Co, Security inopesmenk Co, Showalter Mtg Co, Mercantile Fire and Assurance, Sugar Refineries, Maine Central RR, Atchison, Topeka & Santa Fe RR, among others with prices and notes. New York Stock Sales show 257,500 shares traded with bonds and various securities quoted.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Anmoncz
Arno Oss
Atlantic
Eeeewan
Bonanza Devel’t
Jatalpa
Dunkin
Franklin
Css
Qsocoas
Cece Siavnee
Iidige
Tamarack
Aspinwall
Boothbay
Boston
W. P
Bla Joylston Street
Campobello
Bay
Payson
Penobscot
San Diego
Sullivan
Topeka
Ecc
Reevesecis Vg
Winthrop
Csesseectes
Atchison
At. & Pac
Eile B. & Mo
A. Dalyih
N . Bs
Kan
C. & W. Mich
Elk H
K C
Vt. Ts
L. Im
P. D.O
Oregon L
L. C. Con
Pnebs& A.V
Ruland
Southern Kan
Do ‘Tex. Div
Do Inc
Sonora
St. Jo & G
Union Pacific
S. F Ss
Wis. Cen
Atlantic & Facific
Boston & Albany Ower
Boston & Lowell Lille
Boston & Maine
Boston & Provoe
Masa
Ue B.& E
Sere Reese
Canton
Fitchburg
Ewes
Flint & P. M. Com
Sina Eee
K.C
St. L. Steer
Maine Central
Aews
Old Colony
Rutland
Sae
West End
Wisconsin Central
S.s
Bell
Wesessess
Erie
Con
River RR
N. Revere Bank
Mercantile N. Bank of Salem
Merchants’ Natl. Bank of Salem
Hopkinton N. Bk
Franklin Co
Lewiston
Gt. Falls Mfg. Co
Continental Mills
Jackson Mfg. Co
Manchester Mills
Everett Mills
Newmarket Manufacturing Company
Somerville Horse RR. Co
Clinton Mills
Mercantile Fire and Marine Ins. Co
Hamilton Woollen Mills
Newmarket Mfg. Co
Fitchburg RR. Co. Prd
Consolidated RR. of
Portland, Saco & Portsmouth JR. Co
Old Colony RR
Lawrence Gas Lt. Co
Security Inopesmenk Co
Showalter Mtg
Mercantile Fire
Financial market snapshot from London and Paris
London trading shows Consols at 98 13 16 for money and 98 15 16 for the account with varied yields across Atlantic and Great Western, Canadian Pacific, Erie and its seconds, Illinois Central, St Paul, New York Central, Pennsylvania, Reading, Mexican Central firsts, and other listed issues. Paris advices list 3 per cent liens at 82 francs 87 centimes for the account as of 1:30 p.m.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canadian Pacific
Erie
Ilinois Central
St. Paul
New York Central
Pennsylvania
Reading
Paris
New York Financial Report Shows Mild Market Activity
Money on call eased to 2% to 3% with last loan at 3% and 60 day bills at 4.854. Sterling steady around 4.86 to 4.89. Government and railroad bonds dull but firm, while Cotton Oil weak and New England stronger. Pullman rose, markets closed quiet yet firm, with notable gains in several rail stocks and broad but narrow price movements through the day.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
New England
Pullman
Omaha
Rockslands
Reading
Boston
Hoosack Tunnel
Northern Pacife
Peoria
Decatur & Evansville
Pacific of Missouri
Manitoba
Shenandoah Valley
Toledo
Peoria & Western
Wabash
Green Bay
Boston Land Company 1888 Annual Report Details Land Sales
The 1888 annual report shows land sales totaling 12463 41 dollars with 414240 from low and marsh lands at 4.027 cents per square foot and 800101 from upland at 11.896 cents per square foot. The company built and leased stores at Winthrop Junction Beachmont improvements added value to nearby areas. Assets total 800000 with real estate 611225 94 and varied holdings. liabilities equal capital stock 800000. The report notes a dull Boston real estate market but ongoing improvements and direct profits from selling improved properties.
MENTIONED IN THIS ARTICLE
Boston Land Company
Winthrop Junction
Beachmont
Converse
Boston
Acr ‘Lhe
Boston Land
Myneck and Milnes
East Boston
Railroad Matters in Chicago Circles Shape Leadership
Discussion in Chicago railway circles over a chairman and two vice chairmen for the Inter state Commerce Railway Association. Likely chairman: C. C. Wheeler of the Chicago & Northwestern. Possible vice chairmen: Midgeley of Southwestern Railway and Faithorn of Western and Northwestern. Abbot and Daniels mentioned for passenger leadership. Marvin Hughitt possibly expected as board chairman. New York bankers criticized rate plan. Missouri Pacific accused of first breaking the Jan 1 rate agreement. Penniman suspended for selling cut rate tickets.
MENTIONED IN THIS ARTICLE
New
Interstate Commerce Railway Association
Chicago Railway
Western
C. C. Wheeler
Chicago & Northwestern Road
Atchison, Topeka & Santa Fe System
Midgeley
Southwestern Railway Association
Faithorn
Western and Northwestern Association
Abbot
Western States Passenger Association
Cable
Chicago Commission
Missouri Pacific
Gould
Penniman
Rock Island
Kansas City
Pueblo
Meetings of Insurance Companies Directors Elected
The Eliot Insurance Company stockholders elected Robert Codman Joseph B Moors Charles A Cummings Henry A Charech Greenleaf C George and Augustus Lowell as directors at the annual meeting yesterday morning Greenleaf C George was chosen president and Alonzo P Curtis secretary The India Mutual Insurance Company elected John H Dane secretary and list of directors including Nathan Crowell Charles J Morrill Andrew Nickerson Edward Whitney John H Dane P Francis Wells James Baker John G Moseley Joshua Baker Sylvester B Hinckley H B Alden
MENTIONED IN THIS ARTICLE
Eliot Insurance Company
Robert Codman
Joseph B. Moors
Charles A. Cummings
Henry A. Charech
Greenleaf C. George
Augustus Lowell
Alonzo P. Curtis
The
India Mutual Insurance Company
Yesscreen
John H. Dane
H. &.Alden
Nathan Crowell
Charles J. Morrill
Andrew Nickerson
Edward Whitney
P. Francis Wells
James Baker
John G. Moseley
Joshua Baker
Sylvester B. Hinckley
H. B. Alden
Merchants' Co operative Bank annual meeting held in Wesleyan Hall
Shareholders gathered for the Merchants' Co operative Bank annual meeting with unusually full attendance. Sales reached about $13,000 with premiums ranging from 10 to 30 percent. Alfred J. Mercer was elected president, A. Z. Mason vice-president, Roswell C. Downer treasurer. The entire board of directors and auditors were reappointed. Boot and shoe buyers and representatives from many cities were listed in the report.
MENTIONED IN THIS ARTICLE
Merchants’ Co-Operative Bank
Merchants’ Cooperative Bank
Wesleyan Hall
Alfred J. Mercer
A. Z. Mason
Roswell C. Downer
Ala
Albany
Market News Roundup of Agricultural Commodities and Staples
The report lists current tones for many commodities including Iron unchanged Copper quiet Lead dull Tin steady Zinc very quiet Flour dull Corn quiet Oats barely steady Rye flour dull Graham flour quiet Cornmeal slow Oatmeal firm Rye very dull Barley easier Millseed quiet Cottonseed meal not very active Malt dull Hops quiet Butter very quiet Cheese dull Eegs fairly steady Beans unchanged Potatoes quiet Sweet potatoes steady Hay plenty Rye straw unchanged Gone is quiet Poultry steady Apples very dull Oranges in fair demand Lemons steady Cranberries dull Pork quiet Corned beef steady Fresh beef dull Other fresh meats unchanged Raw sugars very quiet Refined sugars steady Molasses quiet Tallow strong.
MENTIONED IN THIS ARTICLE
Chicago
Boston
Bush
Minnesota
Michigan Stone
Canada Superior
Canada
New York
Milwaukee
St Louis
Minneapolis
Northern
Duluth
Toledo
Baltimore
Philadelphia
Detroit
Peoria
Hoosac
New York & New_ England railroad
Boston & Albany
Graham
Ilwaukee
Louis
Michigan
Choice
Wheat and Corn Market Movements in Chicago and New York
Chicago reports firm wheat early buying by Henry Clews & Co, then declines on selling by Jones Ream and Cudahy awaiting export demand. Corn and oats show varied opening and closing quotes with subdued futures activity. New York and St Louis close grain futures with cash and futures prices across wheat corn and oats for January through June.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon
New York
St Louis
Metal Market Steady With Quiet Trade Across Commodities
The metal market shows no change in pig iron with quiet trade and small lots. Ohio brands may not drop below 22 due to freight costs, while Southern iron remains scarce with Boston deliveries at 18 1850 for No 1 and 1750 for No 2. Copper, tin, zinc, nails, and steel rails show firm or steady prices amid limited demand, and London quotes reflect a cautious market with some minor movements in copper and tin.
MENTIONED IN THIS ARTICLE
Ohio
Boston
Pittsburg
London
Pennsylvania
Eglinton
Summerlee
Gartsherrie
Lanagloan
Coltness
Norway
Shell
New England
SteelLand
Bessemer
Russia
Jopper— Lake
Baltimore
Trade terms listed for metals and pipes in 19th century ledger
A fragment shows prices and items including pipe 6%4c sheet lead 744c tin-lined pipe 16c pure black tin pipe 45c finc Spelter d5Yec and sheet zinc 6% 20. The text reads as a material list with unit prices and commodity names rather than a narrative.
Boston Market Grain Prices and Markets Report
Boston markets report domestic flour and grain prices with carload inspections totaling 50 cars. Visible supply figures for wheat, corn, and oats show year over year changes. markets for flour and commodities like oats, corn, and rye indicate dull demand, with prices listed across cities and for various grades and regions.
Butter Butter Quietly Sought by Buyers
A brief note indicates Butter-Butter is quiet on the market as buyers show limited interest. No further details on quantities, prices, or parties involved are provided in the readable text.
Also Mentioned on This Page
Rock Island & Pacific
Burlington & Quincy
Milwaukee & St. Paul
Chicago & Northwestern
Burlington & Northern
Minneapolis & Omaha
Allinois Central
Fort Scott & Gulf
Atchison, Topeka & Santa Fe
Wabash Western
Burlington
Cedar Rapids & Northern
Missouri
Kansas & Texas
D& St Louis
Iowa Central
Fort Worth & Denver
W.S. Lawson & Co
Chicago, Burlington & Northern
Oregon
California Southern
Flint & Pere Marquette
Pullman Palace
el Paso
Mexico
United States
England
Central Railway
Central
National
la Barca
Lerma River
Guadalajara
New York & New England
Boston & Lowell
Birmingham
Kansas & Western
Consolidated Vermont
Atlantic & Pacific
Lamson
Bell Telephone
Ater Power
Santa Fe
Allouez
Butte & Boston
Montana
New York Engineering and Mining Journal
Germany
Henry R. Merton & Co
France
Chile
Australia
North America
Spain
Portugal
Boston News Bureau
Bex
Garantee
Pndicate
Kidder der, Peabod
Devonshire Street
Nassau Street
Har Ter
Tin
Lowell Mfg
Columbian Mfg
Fisher Mfg
Winthrop Mills
Shai Hl
Southbridge
Nat. Bank
Colateral Loan Co
Sugiur Refineries Co
Metropolitan St. Ry. Co
State of Mainers
Union Pacific RR
S. F
Farmers’ Loan and Trust Jo
Central Natl. Bank
Brokers’ Board
Lowes
Am Bell Tel
Coc Scase
A&p Vie
B& N
Nm&s Pacis
Asplewall Land
Brookline Land
iLamoine
Frenchman's Bay
Newport
Kenobscot Bay
Sullivan Harbor
Sutte & Boston
Cal& Hee
Ee Catalpa
Conn
Bneweeseers
B& Q
San & Cleo
Ny&ne
Pullman Pally
Rts
Mem
NY &N LE
Cseecevens
Va West Ind
Eee
It & Mont
Atlantic Eee
Ccueeee
Sense
Renee Ener
Sante PO
T& S
C&w
Pale
Pullman Pal
Fergey
Bay State Live Stock Co
Howard National Bank
Third National Bank
National Bank of Commerce
North National Bank
Boston Gas Light Co
Chelsea Gas Light Co
Cambridge Gas Light Co
Union Pacific RK
Fitchburg Ra.ptd
Utncy Mining Co
Boston Belling Co
Douglas Axe Mfg. Co
Hes
A Marine Ins. Co
Maine
Topeka & So
Western RR
Top
Hannibal & St. Joe
Suffolk Cordage Co
Fails Mfg. Co
Do Jowell Flossery Co
Atchison, Top. & Santa Fe RR
de Day State Live Stock Co
Cen
P. Ats
Io. & Trans
St L
LM. DéEnaw
Léar. D
P&p G
St. P.O
Tex. P. L. G
N.d. C
Tex. P. R. G
N. Pac
Do Vas
U. P
W. ‘Shore
Express
IKS
Adams
Wells Fargo
Amador
Ontario
Palsy Oe
Bulony
Col. Ohis
Ud Silver King
Col. Coal
Igs Tenn. C.a
Hock
Union Con
Homestake
United Cop’r
Mutuals.& M
Nor
Ceee
Roch, & P
Can Pacific
Ua So
Entral Lowa
Ene A
Ventral Pacific
Ches
Enne A
Chi
Alton
le One
Vieve
Sol
ETL
den & G
Fort Wage
Honstor
Texas
Ts Kan
L. S
Reneers
Ific
Ee Ee Enews
Vekartias
Bt. L
St. Pau
Pacific
Tol. & O
Ae . J. Pacific
Ios Utica & KR
Stl. &P
Gory
Cramton Travis Cas
Pacific Mail
W. Union
Sues
Foreign Financial Markets
NEW York Financial
California
Alta
Fee
Lyeat & Belcher
Ophir
Ewesee
Potosi
Con. Cal
Savage
Crown Point
North Belle Isle
Railroad Matters
Stickney
Messrs. Drexel, Morgan & Co
Madison
Stanton
New York City
P Morse
Morse & Rogers
Penn
G W Jerry
Rowe & Jerry
Richmond
A Stein
Stein Bros
L Cullar
Collat Bros
Traverse City
Mich
C B Atwood
Hannah & Lay Mercantile Co
Aim
Boston Markets