Boston Stock Exchange gains lift market amid dull close
The market showed strength with 60 day bills at 4.341 percent and demand at 4.9642, while government bonds stayed dull. Railroads were active and firm as prices advanced through the day led by Lackawanna and Union Pacific. By close, overall prices were near day highs with higher coal and Gould properties drawing attention and several rails and bonds showing gains. Sales totaled 1,908,000 with notable issues including Jersey Central, Nickel Plate, St. Paul, and Chicago & Eastern Illinois consols rising.
MENTIONED IN THIS ARTICLE
Lakawanna
Union Pacific
Lackawanna
Delaware & Hudson
Gould Properties
St. Paul
Chicago & Eastern
Ilinois
Morris & Essex
Mackinnac & Marquette
Rami
Henderson Bridge Company
Indiana, Bloomington & Western
Lake Shore
Kansas & Texas
Chattanooga
San Francisco
Money market steady with low rates and federal data
The Boston money market remains easy and quiet with clearing house rates at percent. Manufacturing paper trades from to percent and commercial paper from to percent. Bank loan rates on call range from to percent. Treasury figures show gold, silver, and notes totaling over $652 million with deposits at depositories around $52 million. International exchange rates and bank reserve data are listed, including sterling at 4.87, and various bond and stock movements across Atchison, Chicago lines, and Boston markets.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Savannah
Charleston
United States
Treasury
National Bank
Reichsmarks
Bank of England
Treasury Department
First National Bank of
Kaufman
Tex
Capital
H. Tf. Nash
G. W. Voters
The
City National Bank of Knoxville
Tenn
Milton P. Jarnagin
W.S. Shields
Aise
Bell ‘Telephone
Atchison
Burlington & Quincy
Hannibal & St. Joe
Chicago, Burlington & Quincy
Western Passenger Association
Union Pacific
Washington
Friends of the Pacific Roads
Senate
Judiciary
Ingalls
Hoar
Cleveland & Canton Preferred
Blood
Chapman
Columbus & Eastern
Zanesville
Columbus
Cleveland
Cincinnati
Indianapolis
Coshocton & Southern Company
Cleveland & Canton
Coshocton
Baltimore & Ohio
President Blood
Coshocton Southern
Indianna
Bloomington & Western
West
Campbell
Purchasing Committee
Cincinnati, Sandusky & Cleveland
Columbus, Springfield & Cincinnati
New Yorkmmercial Bulletin
Sandusky & Cleveland
Indiana, Bloomington & Western
Cincinnati, Sandusky & Cleveland Security
Chicago & Eastern
New York Board
Chicago, Burlington & Northern
Transcript
Boston & Providence
North Chicago Rolling Mill declares 5 percent dividend
Erie and Western Transportation and E Howard Watch and Clock declare 3 percent semi annual dividends payable February 1. North Chicago Rolling Mill announces a 5 percent semi annual dividend payable March 1, after paying 5 percent last August and a 10 percent stock dividend earlier. Ashton Valve increases its quarterly dividend from 2 to 2.44 percent, payable February 1.
MENTIONED IN THIS ARTICLE
Erie & Western Transportation Company
E. Howard Watch and Clock Company
North Chicago Rolling Mill Company
Ashton Valve Company
Mining and Miscellaneous Stocks in Jan Sales
List of stocks with prices including Barton Stock Car, Bacurity, Cusit, Braus Ships Wares, Ocean Steamship, Honerine Gace, Municipal Elec, Summit Branch RR, Ponte, Catalpa, Mexican Telephone. Values show shares and per unit figures amid broad market activity reported by Wilson W Fay & Co.
MENTIONED IN THIS ARTICLE
Wilson W. Fay & Co
Gace
Elise Tolo Summit Branch
Too
Catalpa
Ceseresee
New York Money Market Opens With Easy Call Loans
New York financial news reports money on call easy with quotes from 2 to 2 1/4 percent. Last loan at 2 1/4 percent and closing offers at 3 percent. Prime mercantile paper cited at 6 7. Bar silver at 96 1/2. Sterling exchange dull and steady at around 4.8414.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Foreign Markets London Briefs and Bank Figures
Financial notes from London show Consols at 10211-16 for money and 102384 for account, U S 4s at 12444, and Mexican ordinary at 4714 with New York Central at 11014. Paris rentes quoted 81 francs 47% centimes for account. Bank of England bullion rose £662,000 in a week, reserve ratio up to 45.59 percent. Paris weekly Bank of France gold up 2,275,000 francs and silver 400,000. Germany’s Imperial Bank reports a 19,740,000 mark rise.
MENTIONED IN THIS ARTICLE
Brokers
Befoml
C,b& N Bs
Beil Tel
Ee Pacific Mills
Ee Lamson
Atlantic
Ceee
Osceola
Scree
Frenchman’s Bay
Newport
San Diego
West End
Cess
A.tss
FEF
NY &N
T&s
S& G
Sonora
Bell
Scscee NE
Cal & Hee
Dunkin
Esses Eserves
Boston Land
French Bay
Eaese
T&s EP
Ceces
A&p
B&a
Ing. Ng
B&q
Alt & T
CL & C
Pacific
NY &Neb
Air L. Pref
S. B
CL &N Wear
Old Colony
Pullman
Als Central Pac
Ches
Ohlo
Alton
NY &Ne
American Bell
Ge Bb
Q. Ps
Ciu H. & D
West Bud
Cleve & Col
Col
HH. V
del & H
Erie
East Reon
Fort Wayne
Beiscks
Kan
Tex
E & St
Pern
Cates Ae
Gvig Y&necas
Laland
Lou. & Ni
N. A
Eastman CH
Coney
Kearsarge
M. & Ono
Tamarac
Sussex
Nor
C.b&q
Nornvester
KCG
Sp & M
Vane
Ig L
Ev & St Tiss
St. L
N.Y. WN. E
Ohio
Miss
West
Oregon
Los
de Iw
Pittsburg
Ener
Rome
Roch. & Vitta
Boston Stock Exchange
Bonanza Development
St. T. M&m. Wen Ee Ae
Lilia Oston & Montana
Ee St. P
Calumet & Hecla
Franklin
Texas Pacific
Lyonson
Toledo
Tee
U. Pacific
Quincy
S Snevevesee
Atlantic & Pac
Atlantic & Barine
San
Cal
Southern Incomes
Liz Chi
P. Ists
Chi
Kan. & West. Inc
D.& R.G. Lsts
K. C
Scout & Gault
D& RG
L. Rock & Ft. Simith
P P
Central
Central Inc
Scrip
UT . Erie
New Ee St. P
N. Y
N. EL
N. i
Union Gs
Champlain Us
Mary N.J
I, R. Te Preb. & Ark
Pac
Southern Kansas
Trans
Et Shore
AG Express
Central Oe Adams
Wells Bargo
Atch
Top
Santa Fe
Atlantic & Pacific
Boston & Alban Eeveee
Ces
Boston & Low
Alta
Boston & Maine
Boston & Providence
Belcher
Ontario
SF Chi
Burl. & Northern
Overman
Burl
Lodle
Pious
Californi Southern
Brunsiwick
Robinson
Central of Mass
Cin
Sand
Cleveland
Chollar
Sebastian
Cleveland & Canton
Gol
Santiago
E. Ee
Cleve
Canton
Oo Cou
Vaalol
Avalec
Vo Eastern
Imperial
Scorpion
Fitehbur
Crown Point
K. City
Ft. Scott & Gulf
Tenn. C.& Lic
Clint
G'ld & Curry
C City
Spring
Grand P Hac
Oyaenion
Maine Centralee
Hale & Nor
N.Y
New England
Yellowdack
Ie Y
New Eng. Ae
Jackson
L. Champlain
Rutland
Summit
Union Pacific
Wisconsin Central
West and Railway
Bell Telephone
New Eng. Telephone
Erie 'Tlephone Veese
Lamson Store Nerv. Co
Pullman Palace Car
London
United States
Atlantic & Great Western
Canadian Pacific
New York Central
Pennsylvania
Paris
Bank of England
Bank of France
Berlla
Imperial Bank of Germany
Regulating Railroad Rates Says Maine Official
Chairman Mortland of the Maine Railroad Commissioners argues interstate commerce law provisions have had little effect in Maine. He notes seaboard competition with steamboats forced railroads to lower fares and warns strict rules could divert traffic to ships. Repeal or amendment urged to allow fair competition for New England railroads.
MENTIONED IN THIS ARTICLE
Rockland, Mo
Sreciau
D. N. Mortland
Maine Board of Railroad Commissioners
Maine
Mortland
Seaboard
West
United States
New England
Canada
Penobscot Ice Crop Prospects Stir Confidence in Maine
Bancor Mo Jan 26 Spectator T J Stewart of T J Stewart Co and agents for major ice firms report excellent Penobscot ice prospects for 1888. A smooth freeze, thin ice now eighteen to twenty inches, expected to reach two feet. Houses nearly filled within two weeks. extra quantity stackable if demand warrants. Permanent capacity about 235000 tons, with 65000 tons carried over from old ice. Several river houses to be filled. loading berths with deep water and modern handling gear enable large vessel loading at low towage rates.
MENTIONED IN THIS ARTICLE
Penobscot River Tee Company
Sargent’b Sons
Mardi Gras Welcome for California Excursionists in New Orleans
Secretary D L Mitchell of the New Orleans Chamber of Commerce informs Raymond and Whitcomb that California excursionists leaving Boston February 7 via Hoosac Tunnel will receive formal courtesies on arrival. Mardi Gras events run February 14 with two tableaux processions and carnival ball. Invitations and badges prepared. party guided by chamber officers and offered special viewing privileges. A steamboat river excursion is planned.
MENTIONED IN THIS ARTICLE
D. L. Mitchell
New Orleans
Raymond & Waitcomb
Furmer
Louisiana
New England
Funeral of F. T. Bemis Draws Business Leaders
A large turnout of businessmen attended the funeral of Francis T. Bemis from his home at 22 Newbury street yesterday afternoon. The service was brief with scripture selections by Rev Stopford W. Brooke and prayer by Rev Edward Everett Hale. Burial followed at Forest Hills.
MENTIONED IN THIS ARTICLE
Francis T. Bemis
Newbury Street
Stopford W. Brooke
Edward Everett Hale
Forest Hills
M. P. Kennad
Samuel P. Mandell
Henry Woods
G. Frank
European Policy of the Confederacy Lecture Overview
Professor James Russell Soley delivered a Huntington Hall talk on Confederate aims to win European recognition, led by the cotton as king principle. He described Confederate government efforts with English allies to break the blockade and trade cotton for arms, plus successful Confederate schemes to secure English cruisers to attack Northern commerce.
MENTIONED IN THIS ARTICLE
Confederacy
James Russell Soley
U.S.N
Huntington Hall
Confederate States
Great Britain
England
North
Business Troubles Hit Major Firms Across The East
Executions for 11739 are in sheriff s hands against the J Wayland Kimball Company fancy furniture makers of New York and Maine. Liabilities about 70000, assets claimed to exceed that amount. Creditors of Kuliz Blanchard Co New York met to investigate. Firm nominal assets 340000, actual value 300000. A petition in Insolvency Court at Salem against John Skilling of Lawrence dry goods by Jackson Mandell Daniell of Boston.
MENTIONED IN THIS ARTICLE
J. Wayland Kimball Company
Fancy Furniture Manufacturers
New York
Arts
Kuliz, Blanchard & Co
Salem
John Skilling
Lawrence
Jackson, Mandell & Daniell
Boston
Commercial Matters Updates Quiet Trade Across Commodities
Leather and hides hold steady while boots and shoes stay quiet. Oats and oatmeal remain firm, cornmeal steady, barley steady. Butter and eggs dull, cheese firm, pork and veal steady. Potatoes and beans show movement. sweet potatoes, hay, and poultry hold steady. Florida oranges in fair demand. cranberries firm. nuts unchanged.
MENTIONED IN THIS ARTICLE
Florida
Leather and Hides Market Shows Quiet, Mixed Demand
The leather market remains quiet with buyers favored in heavy finished leather and weak rough leather. Finishes vary by type with grains steady, calfskins steady, and spills responsive. exports from Boston total $54,591 last week, while various prices are listed for sole, rough, and finished leathers and hides across grades and regions.
MENTIONED IN THIS ARTICLE
Boston
Buffalo
Brogan
le Jess
Brighton
New England
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
Boots and Shoes Market Stable Amid Weather Slowdown
The boot and shoe market shows little new activity with steady prices and improving rubber sector despite severe weather. Manufacturers report adequate contracts but fewer large orders, while stock production rises. Southern and middle districts show cautious strength and overall trade awaits post opening demand.
MENTIONED IN THIS ARTICLE
Boston
Foreign fruit tariff memorial from New York exchange
The foreign fruit traders of New York City send a tariff memorial to Secretary Fairchild dated January 28 1888 seeking revision and proposing rates. They urge placing all imported fruits nuts on the tree list, and offer detailed per box and per barrel rates for oranges lemons grapes raisins figs prune and preserved peels as possible tariffs.
MENTIONED IN THIS ARTICLE
New York City
Fairchild
New York
Congress
Fruit price list and committee message to Congress
A memorial proposing fruit price terms is presented by the president, vice-president, treasurer and committees. It notes almond and walnut rates in shell and shelled, and mentions sending the memorial to Congress and a fruit exchange committee traveling to Washington. The measure will be discussed at the Boston Fruit and Produce Exchange’s next meeting.
MENTIONED IN THIS ARTICLE
Congress
Fruit Exchange
Washington
Boston Fruit and Produce Exchange
Market Reports Jan 26 Flour and Grain Prices
The flour market remains steady and quiet with moderate demand for winter patents. Corn and oats show dull but steady activity, with steamer and yellow varieties on track and on ship, while meal and rye stay steady. barleys and malts hold firm, and millfeed remains quiet though prices are listed for bran middlings and cottonseed meal.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Canada Superior
Canada
New
New York
Choice
Market Report on Burrer and Allied Goods Prices
The BurrER market shows no change in general condition with small lot sales and steady demand across items. Receipts of fresh goods are light, with a smaller Northern fall creameries supply and steady prices for imitation creamery products. multiple regional creameries and cheeses are priced to wholesale buyers with firm or upward tendencies and robust export demand for certain beans and peas. hay, potatoes, onions, and poultry markets show steady or modest movements with varied regional price ranges and scarce high value items like quail and certain game birds.
MENTIONED IN THIS ARTICLE
Burrer
Ladle Co
Western Extra
New York
Vermont
Choice
Ohio Choice
Haas
Doug
New Hampshire
Canada
Michigan
Nova Scotia
Brunswick
Jersey
Siberian
Glasgow
Boston
Houston Rose
Bush
Houlton Hebrons
Aroostook
Aroostook Hebrons
Burbanks
Northern
Hebrons
Peerless
Regent
St Andrews
Ialde
Also Mentioned on This Page
Railroads
Oregon Improvement
Kansas City
Springfield
New York & Boson Rapid Transit
Elijah Smith
Strong
Smith
Boston & Lowell
Concord
Massachusetts
Boston & Albany
Fitchburg
Central Massachusetts
Francis L. Higginson
Boston & Lowell Railroad
T. Jefferson Coolidge
Higginson
Mexican Central
Chicago, Kansas & Western
Southern Kansas Gulf
Consolidated Vermont
Messrs
James W. Converse
0. D. Ashley
Edward E. Floyd
John C. Watson
Edward M. Farnsworth
Edward Turner
Frenchman's Bay
Maverick
Lamson
Calumet & Heela
Lake
New York Metal Exchange
R. H. Ward
Messrs. Clark, Ward & Co
T. H. Perkins
Quincy Mining Company
Carl Sheldon
Torch Lake
Lamoine & Mt. Desert Land Company
Lamoine
Hancock County
Halsey J. Boardman
Edward Prescott
Melvin S. Smith
Albert Cooper
Sidney M
Housatonic Railroad
Housatonic
State St
City of Juins
Williams
California
Ophir
Savage
Sierra
Nevada
Eureka
Union
Gould & Curry
Hale & Norcrosg
Yellow Jacket
Nevada Queen
North Belle Isle
Mount Diablu
NEW York Financial
Maine Railroad Commissioners
F. T. Bemis
Ccc
Cece
Beast Eee
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