Money Market and Stock Activity in Boston and New York
The money market remains dull with clearing house rates at 2 percent. General loans range 4 to 6 percent, call loans 2 1/2 to 3 1/2 percent. New York exchanges total 142,697,920 with large gains over last year. bonds show mixed moves and the Atchison stock attracts notable attention amid market chatter on railroad mergers and Treasury calls.
Dividends Declared by Mills and Banks Across States
The Massachusetts Cotton Mills and Pepperell Manufacturing announce per share dividends of 40 and 35 respectively. Laconia Company declares 12 per share. Iowa Loan and Trust and Globe Yarn Mills in Fall River announce 4 and 2 percent. Pavel Mills and Globe Street Railway of Fall River declare 2 and 142 percent. Illinois Central cuts from 3.5 to 2 percent semi annually.
MENTIONED IN THIS ARTICLE
Massachusetts Cotton Mills
Pepperell Manufacturing Company
Laconia Company
Iowa Loan and Trust Company
Globe Yarn Mills
Fall River
Pavel Mills
Globe Street Railway
Illinois Central
Bonds dated February 1 1887 secured by sinking fund
The bonds issued under the Eastern Railroad Company lease to the Boston and Maine Railroad Company draw support from a sinking fund. Interest and annual payments are operating expenses and first charges on gross earnings. The Moston & Maine line has paid dividends for 50 years, making the loan highly regarded for savers and investors.
MENTIONED IN THIS ARTICLE
Eastern Railroad Company
Boston & Maine Railroad Company
Moston & Maine Railroad
Auction Sales Continue with Diverse Securities
A lengthy listing details collateral and holdings including Rand Avery, Metrop. Bank, Manchester Mills, Concord RR, Hamilton Woollen, Worcester Nashua & Roch RR, Kansas lenders, and many railroad and mill-related bonds and shares. Notable entries include City of Decatur Illinois notes, City of Chicago and St. Paul bonds, Union Pacific and other rail assets, plus numerous mills and banks.
MENTIONED IN THIS ARTICLE
Bunker Hill Creo Co
Reece Button Hole M. Co
Rand Avery Oe
Metropolitan Nat. Bank
Manchester Mills
Third
Nat. Bank
Concord RR
Hamilton Woollen Co
Worcester
Nashua
Consol
RR. of
City of
Decatur
Ill
M. la
Chigago
City of St. Paul
M. L
City of Toledo
Con
Mont
Auction Sales and New York Stock Transactions
Auction sales slated for Wednesday January 28 1889 include Wachusett National Bank Fitchburg Clinton Mills Lowell Manufacturing Co Suffolk Tistant Invest Co Washington National Bank Neptune Fone Insurance Co Prescott National Bank E Howard Water and Clock Co and multiple others. Also listed are Sag Valley and St Louis Railroad City and Southern Western Railway Lombard Investment Co debenture Ness County Bank and Boston and Lowell Railroad shares. New York Stock Sales on January 22 report total activity of 197 500 shares with opening high low and closing prices and a link to yesterday's close.
MENTIONED IN THIS ARTICLE
Boston
Revere
de Lyverett Mills
Michigan Cent
New Haven & Derby RR
Guardy
New Haven
Ogdensburg & Lake Champlain RR
Providence
W. L
AISO
Naumkeag Storm Cotton Co
Boston Tow Koat Co
Mower Pan Cable RR
Kansas City
Suffolk N. Bank
Hide and Leather N. Bank
Slackstone N. Bank
Natl
Webster Bank
Boston & Maine RR. Co
Old Colony RR. Co
Merrimack Mfg. Co
ALOBS
Flrat N. Bk
Chelsea
N. City Sk
King Philip Mills
Shetucket Co
Norwich
Cleveland & (Anton RR
Chicago & West Michigan RR. Co
Metroolitan St. RR
Naumkeag Steam Cotton Co
Merchants’ N. Bk
Oga. & Lake Champlain RR
Wachusetts Nat. Bank
Fitchburg
Mass
Clinton Mills
Lowell Mfg. Co
Globe
Button Hole M. Co
Suffolk Tistant Invest, Co
Washington Nat. Bank
Neptune Fone Ins. Co
Prescott Nat. Bank
Lowell
E. Howard Wate and Clock Co
Market Nat. Bank
Shore and Leather
Nat
Hide and Hanttat Bank
m_s
Central Nat. Bank
Citizens’ Bank of
Wichita
Kan
Arlington Mills
Everett Mills
First Nat. Bank
Aransas Valley Town and Land Co
Sag. Valley & St Louis RR
Ist
Mans City & So. Western KR. Inn
Lombard Invest. Co
Sui 1893
Ness County Bank of Kansas
Boston & Lowell RR
New York
New York Markets End Week With Mixed Yet Quiet Trading
Money on call remained easy at 1.2 to 2 percent, last loan at 2, and closing at 2 percent. Sterling exchange steady with actual business at 4.86 sixty day bills and 4.88 demand. Government and railroad bonds dull but firm. Stocks showed firmer early tone led by Atchison, then drifted down with heavy last hour selling. Canada Southern weakest, Wabash and Gulf Colorado Santa Fe strength noted, Green Bay firsts down sharply.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
Secretary of the Treasury
Reichsmarks
Forins
Heidelbach, Ickelheimer & Co
Shorts
Atchison
Ono
Gould
Missouri Pacific
van Hoffman & Co
Goldschmidt
Bears
Atlantic & Pacific
Chicago, Kansas & Western
Sonora
California Southern
Uthern Kansas
Gulf, Colorado & Santa Fe
Atlantic Pacific
Chicago, Burlington & Quincy
Burlington & Northern
Chicago, Burlington & Usney
Chicago, Kansas & Nebraska
Rock Island
Morton
Union Pacific
Summit Branch
Lykens Valley
Detroit
Pullman
Atchigan
Llman
Ullman
Atchison Road
Strong
Mr. Pullman
Baltimore & Ohio
Union Palace
Richmond
Oregon Hort Line
Cincinnati, Sandusky &Leveland
Cleveland & Canton
Chicago & West Michigan
Mexican Central Securities
Sterling Exchange
Canada Southern
Dulness
Atchison and Lackawanna
Wabash
West Shores
Green Bay
Financial Market Brief London Paris and Bank of England Actions
London prices show Consols at 9813 16 for money and 9816 16 for the account. Atlantic and Great Western firsts 35 1 2 percent, Erie seconds 104 1 2, Illinois Central 117, St Paul common 66 56, Reading 24 1 2, Mexican Central firsts 71 4 4. Money 144 per cent. Bank note bullion withdrawn today totals £4000. Paris 8 percent rentes quoted at 82 francs 97 42 centimes against account.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Erie
Illinois Central
St. Paul
Paris
Bank of England
Commodity Market Wrap: Steady to Quiet Readings Across Goods
The market shows mixed tones with flour and oats firm or quiet, corn steady, rye dull, potatoes in fair demand, poultry active, butter and cheese firm, pork and corned beef steady, fresh beef slow, and various grains and fibers ranging from dull to firm as buyers and sellers hold prices in a cautious balance.
Grain Market Drops After Heavy Selling Pressure
Chicago Wheat weak after Bloom liquidated holdings and large locals pushed shorts. Corn and oats followed weak trend with ample longs to liquidate. New York and St Louis futures show mixed bids, with cash prices drifting lower across grains.
MENTIONED IN THIS ARTICLE
Vane
New York
St Louis
Lumber Market Steady with Mixed Regional Movements
The lumber market shows quiet but steady movement with a generally fair supply and steady prices. Eastern and Northern lumber move slowly at prior quotes, spruce remains firm due to small supply, and hemlock movement is good with steady pricing.
Timber Market Report Shows Steady Demand and Varied Prices
Receipts remain small while demand strengthens for cheaper Western pine and most hard woods. Walnut and chestnut hold firm prices. hemlock boards and shingles show varied values. Detailed sample prices cover pine, spruce, cedar, laths, and hardwoods across regional grades and lengths.
MENTIONED IN THIS ARTICLE
Pennsylvania
Canada
Indiana
Vermont
Flour and Grain Prices and Market Summary Today
Domestic flour quotes show dull demand with prices ranging from 2.60 to 7.10 per barrel for various grades, while New York receipts include 25 582 packages and 11 887 sacks. Wheat and corn markets vary by city with steady to lower tones and mixed futures, and butter eggs and beans show firm to steady trends across Western and Eastern markets.
Grain and flour market dullness with mixed bid quotes
Trade across multiple grain markets shows dull to firm activity. No 2 white oats in Chicago quoted 28 2c, rye nominal in New York and St Louis. flour markets quiet to moderate with wholesale rye flour at 350 400 per barrel and graham flour at 340 375 per barrel.
MENTIONED IN THIS ARTICLE
Blvtevue
Chicago
St Louis
Toledo
Baltimore
Philadelphia
Yao
Milwaukee
Detroit
New York
State
Western
Peoria
Canada
Michigan
Bush
Choice
Fruit Quotations Hold Steady Amid Quiet Trade
Apples show no improvement and trading remains at old prices with various cultivars listed from Hubbard to Tallman sweets and Baldwins. Grapes are scarce with firm prices, oranges and lemons ample with steady movement and multiple regional quotes including Messina, Palermo, Valencia and Florida varieties.
MENTIONED IN THIS ARTICLE
Hubbardstons
King
Baldwins
Tallman Sweets
Messina
Palermo
Florida
Also Mentioned on This Page
Guadalajara
San Luis
New England
Old Colony
Boston & Albany
Central Massachusetts
American Bell Company
West End
San Diego Land
Sullivan
Frenchman’s Bay
Lamoine Land
Boston & Montana
Calumet & Hecla
National
Santa Fe
Kearsarge
Huron
Boston & Maine Railroad CO
Massachusetts Savings Banks
Blake Brothers
State St
Brewster, Cobb & Estabrook
Congress St
Boston Stock Exchange
T&s
Is & W
Uo. Inc
Bbst
Eenree
Nm.&s Pac
Lainson
Brookline Land
Ea Ek
Frenchiman’s Bay
Laimoine
Pee Eewe
Newport
Enee
Bly Ban
Eneee
West Ind
Sullivan Harbor
B & Mont
Coprer
Eeve
Butte & Boston
Eee
Ee Cal & Hec
Sneer Ae
Napa
Tamarack
Re BR
Cley & Canton
Kbd &C
Ny&nets
Aspinwall
Frenchman's Bay
San Diego
Aunt Borsois
Hec
Franklin
I National
Osce
A& H&a
Cb &Q
C &W M
ATS SF
Nod
Conn & Pass
Fitchburg Ptd
Ee Og
rFa&e
NY &Ne
Allomez
Ceeeeeee Tseteeres Aly Roc
Arnold
Atlantic
Eeeetteee
Bonanza Devel’t. Eeeeesee
Ile
Ling B. & Mont
Ceebeneres
BUY
Sutte
Cal
Hecla
Central
Ironton
Koaarsal Fe
Cessseeesseens Ee Rese
Oscoedia
Eens
Boylston Street
Terookliné
Ceaseeseeees
Campotello
Weer
Bay
Maverick
Topeka
Eeetee
Winthrop
Wollaston
Eeee
L. G
At. & Pac
Kan. & Vos
C. & W. Mich
D.D
K.C
M. Gs
E. & St. le Lm
Do Inc
N.Y. WN
P. D.O
Oregon L. S
L. C. Con
Pueb
A. VY
Littlo
Wis
Sea
Atch
Steerer
Boston & Lowell
Boston & Maine
Boston & Prov
Ri Voc
Sp. & Cin
Det
L. & Nevevacesves
Ces
Neue Secons
Flint & P
Ft. S.& Gulf
MOM
Tee MT
Maine Central
N.Y
Eeeseeves Ks
Rutland
Eeeweeee
West End Press
Wisconsin Central
Am. Bell
Ceeevesvecess
Ccs
Eastman Car Heater
Lamson Store Ser. Co
Pullman Palace Car Co
Connecticut River
Farmers’ Loan
Showalter Mortipane
Franklin Co
Continental Mills
Newmarket Mfg
Hamilton Woolen
Lowell Hosiery Co
Naumkeag Steam
Fitchburg RR
Old Colony RR
Northern RR
N.F
Rutland RR
Oriental Coifes House Co
Farmers’ Loan and Trust Co. of
Kansas
Nanmkeag Steam Cotton Co
Suffolk Cordage Co
Union Pacific, Lincoln & Chore
Marion & McPherson RR
Porteon Gt
Falls & Conway RR
Merchandise N. Bank
Quincy RR. Bridge
American Insurance
Concord RR. Co
Chicopee Mfg. Co
do_ Suffolk Cordage Co
Huntingbergell City & Cannelton RR
Louis
Evansville & St. Louis RR
Chicago, Burl
Orthern
1 & Lynn RR. Co
Ing. Est
Est
Inc. Ink. U
Peciis
Eee W
Enner
L. E
Ants D
RK. G
L. A I. Ee
Eh. Ry . P
St. Pe
St. Pr. C
P. Kan
Lata
Don
N.J.C. Int
Lom Ty
N.P
Tex. P. R
WN. W. Gous
U, Pac
Shore
Adams
American
Weils Fargo
Amador . Aw
Beeenast
Bedie
Mut
Builion
jOntario
Col
Chis
Plutus Col
Quicksilver
Isilver King
Dorkin
Vas Tenn
Ahi
Hock
U. Copper
Ange
Earma
ERAN
Wilson W. Vay & Co
State Street
Burton Stock Car 9 Co
Boston Water
Thomson-llonston
Elec
Pvereseeves
McKay Heeling Eater
Eastman Car
N. K
Owen Ae
Ing
Te 'S Pacific
Air L. Tel
Ese
OL Bes Roc
Gude &N
Canton
Central Lowa
Central Pacific
Ches
Ohio
Chi Alton
St. L
H. Penani
Giev
Col Enone
Pat del
Db L
den. & R
East Tenn
Witels Gélwesten Sole
Port Wagnes
Houston
Texas
Tex
Pem
L. E . Seer
Lake Shore
Long Island
Anne
St. Deess
Ee Sa
Pacific
Nash, & Chat L Ji, Cent
Eeas Ethicaee
Northwestern
N. Y
Fee
Ohio & Miss
Osee
Oregon
Esas
Pittsburg
Ser
al. Oo
Aus
St. L. M
Texas Pacific
Boys
Q Tol
O. C
NEW York Financial
California
Alta
Hest & Belcher
Potosi
Savage
Sierra Nevada
Crown Point
Union Con
Csee
Eureka Con
Utah
Aes
Gould & Curry
Yellow Jacket
Alale & Norcross
Bye Commonwealth
Nevada Queen
Teeers
North Bele Isle
Mount Wo
Foreign Financial Markets
Bankers & Commission
Washington SI
Farnum, Reardon & Co
Bloom
C. Williams & Co
James & Abbot
Liberty Square
John E. Welsh
Mark&yes
Minnesota
Canada Superior
Canada Roller
City
Southern
Minneapolis
Northern
Duluth
Elgin
Eastern
North
Liverpool
New Hampshire
York State
Timothy
West
Jersey
Houlton Hebrons
Houlton Rose
Chenangoes
Nova Scotia
New Brunswick
Hebrons
Rose
Burbanks
CS. Williams & CO
Congress Street
Devonshire Street
Congress Square
War House
Lynn
Mower’s Block Grain and Petroleum