Boston Stock Exchange Activity and Railroad Bond Trading
The Boston Stock Exchange showed quiet, mostly firm railroad bonds with Reading New England and Western Union leading trading. Stocks opened weak but rallied to near opening levels, finishing steady to firm as declines in early trades were offset by late intraday advances. New York market data noted 241,595 shares traded with call money easy and bar silver at 102.44.
MENTIONED IN THIS ARTICLE
Reading
New England
Western Union
Jersey Central
Louisville & Nashville
Erie
American Dock
St. Paul’s
Northwestern
Lake Shore
Pensacola
Atlantic
Michigan Central
Kansas Pacific
Missouri Pacific
Texas Pacific Rio Trust
Cairo, Arkansas & Texas
Shenandoah Valley General
Wabash General Trust
Wabash
Great Western
New York
Prime Mercantile Paper
Sterling Exchange
H. D. Kyle
Broad
New Streets
New York City
Money Market Quiet as Banks Discount Funds in 5 to 6 Percent Range
Boston money market remains steady with banks discounting at 5 to 6 percent and collateral loans at about 4.4 percent. New York funds rise to a premium while the Boston and New York exchanges show moderate activity.
Dividends Declared by Several Companies
The Connecticut & Passumpsic River railroad declares a semi annual dividend of 260 per tire. The England Telegraph and Telephone Company declares a dividend of 125 per share. Boston Seed Manufacturing declares 4 percent. South Boston Gaslight declares 3 42 percent. North Chicago Rolling Mill declares 4 per share payable February 28 to stockholders of record February 6.
MENTIONED IN THIS ARTICLE
Connecticut & Passumpsic River
The
England Telegraph and Telephone Company
Boston Seed Manufacturing Company
South Boston Gaslight Company
North Chicago Rolling Mill Company
London Bond Prices and Stocks Report
London markets show Consols at 100 11-16 for money and account. Atlantic and Great Western firsts at 45 percent. Canadian Pacific 6474 ex-dividend. Erie 31 4 percent. Mexican ordinary 49. St Paul 89 3 4. New York Central 114. Pennsylvania 56 4. Reading 19. Active trading with doseconds noted for several issues.
MENTIONED IN THIS ARTICLE
K& Ww Bs
Englel
Brookline Land
A.t&s
At & Pac
B& Ph
C&el
C K & W Bs
Sie Patras
Ceee Kal & So H
L& So
Am Bell Tel
Erie
Ana
New En
Boston
Ewe Eeev Ae S
Brookline
Ee Ener
West End Land
Allouez
Huron
Eeeenenese
Ridge
Iy Alt
T.H
Tamarack
A&p
Seeree
At. & Pac
A. T&s F
B. Air L. Ltd
Csp
C.K
S&c
F& P M
E. Wseee
New York
New Epfd
del. & H
Pr. del. & Li
Den
K. G
H& O
I & Gr Tr
Saene
Aspinwall
Goo
Fort Wayne
Law
Ain Bell
T&s F
BOO
Tive ‘Shore
Ul, A
Long Island
Alb
Man
Ny&ne
Rae & Do Astoe
Oregon
U Pac
Minn
St. L
Miss Pac
Ohio
Essex
E & Wds
Pring & M
Nak C & St. L
N.Y
N.E
Bota M
H & O Gs
Og & LC
W. O
Mias
Union Pacific
Boyiston St Ld
Boyy
Aspinwall Land
Wittsburg
Bonanza
Bell Tel
Rich
Tees Irie
Lamson
Roch, & Paonae Franklin
Nock Island
Osceola
CS Peete Es
SLL. &S.F
T&s
St. Paul
Albany
Boston & Lowell
Bay Crea
Boston & Maine
St. P.&d
C & East
Weer
Wab
Pace
Fitchburg
Lr&e
Cunea Ee Bere
Pullman
Summit Br
Pac. Mail
Pullman Pal
W. Union
N&r
Am Bell Telephone
New England Telephone
Ista
Erie Telephone
Liv D
Enre
G.m
Sig
St.p
Boston Land
San Diego Land
Pac
Cal West End Land
Kan.Pac
Boston Water Power
Tex. Pac. L.G
Tex. Pac. R.G. Ee
Atlantic & Pacific
W. Shore
Eastern Railroad
Mexican Central
Adams Cane
Wells Fargo
New England
iWest & Beh
Wisconsin
Christo
Plymouth
Atlantic
Stanislaus
BOS Hale & Nor- Tenn
Boston & Albany
Union
Central of Mass
Cleveland & Canton
Burl & North
Chic
Burl & Quincy
San Francisco
Cal
Chicago & West Mich
Cin
San & Cleveland
Porrig
Alta
Xican
Flint & Pere
Berens
Eaves
Eureka
Utah
Vue
Gowd & Curry Ee Ey
Yellow Jacket
el Ene
Hale & Norcross
Old Colony
Wisconsin Central
Seers
Pinggo SF
Sunie
Boston & Montana
Calumet & Hecla
Catalpa
Quincy
Wilson W. Fay & Co
State Street
Aioe Srongeilo
Aiea Ee
Sheace
Cesses Ereerees
London
Atlantic & Great Western
Canadian Pacific
St. Paul Common
New York Central
Pennsylvania
Reading
New Metal Card Labels for City Letter Boxes
City post office officials distributed about three hundred new metal cards for street letter boxes. Acting superintendent Mr Howland supervised the installation as the cards warn of six daily collections, including midnight, and remind patrons of a 1000 fine and up to three years' imprisonment for tampering with contents. Cards cover the city postal district only and do not replace red boxes. hourly collections continue 7 am to 6 pm and at midnight.
MENTIONED IN THIS ARTICLE
Howland
City Delivery Division
General Corse
Railroad matters Housatonic Valley seeks Derby buyout
New Haven’s Derby Railroad stock under offer from Morris F. Tyler representing the Housatonic Valley Railway Company. Cash $175,000 for city stake, bonds to be refinanced by May 1888, promise of immediate Birmingham to Sandy Hook construction and aligned future operation with New Haven interests. Mayor urged to present proposal to appropriate departments.
MENTIONED IN THIS ARTICLE
Housatonic Valley
New Haven
Housatonic Valley Railway Company
Derby Railroad
Birmingham
Sandy Hook
Derby
Morris F. Tyler
Derby Railroad Company
A of
New York Lake Erie & Western Railroad Earnings Rise
The December statement shows 68 percent of the earnings and all expenses for the New York Pennsyl vania & Ohio rail line with gross of 1 985 148 dollars and net 559 740, up from 1885. For the quarter ending December 31 gross 6 268 520 dollars and net 1 972 168, increases over 1885. Erie proper December gross 1 582 598 dollars and net 514 858, with three month totals 5 102 246 gross and 1 167 682 net, rising from prior year.
MENTIONED IN THIS ARTICLE
NEW York, Lake Erie & Western
New York, Lake Erie & Western Railroad
New York, Pennsylvania & Ohio Railroad
Erie
Excellent Appointment at Major Rail Line
Mr. George L. Sands, long divisional superintendent for the Atchison Topeka Santa Fe, is named superintendent of the Atlantic and Pacific division now part of the A T S F. Sands has worked across the Chicago and Northwestern Union Pacific Missouri Kansas Texas Northern Pacific Intercolonial Texas and New Orleans and International Great Northern systems.
MENTIONED IN THIS ARTICLE
George L. Sands
Atchison, Topeka & Santa Fe
Atlantic & Pacific Railroad
Sands
Chicago & Northwestern
Union Pacific
Missouri, Kansas & Texas
Northern Pacific
Intercolonial
Texas & Pacific
Texas & New A
International & Great Northern
Current River Railroad Company Incorporation Filed
Articles of incorporation filed in Jefferson City Missouri on Saturday January 15 for the Current River Railroad Company. The line will run about 170 miles from Willow Springs on the Kansas City Springfield and Memphis toward a Mississippi terminus yet to be decided. The aim is to open up Missouri timber counties to haul lumber predominantly, with construction to begin early in the spring.
MENTIONED IN THIS ARTICLE
Jefferson City
Current River Railroad Company
Willow Springs
Kansas City
Springfield
Memphis
Mississippi
Central Massachusetts railroad contracts and early 1887 rail earnings
Subcontractors named for three miles each on the Central Massachusetts line between Northampton and Belchertown, with J K Ryan handling the remainder. Jersey Central coupons due Feb 1 will be paid. Several rail lines report weekly and three-week earnings for January 1887, with increases and decreases across multiple companies including Louisville & Nashville, St Paul & Duluth, Norfolk & Western, Evansville & Terre Haute, and others. A pool agreement among Wabash Peoria Decatur Evansville improves Central Traffic Association finances.
MENTIONED IN THIS ARTICLE
F.C. Barron
New York
Thomas Kingsley
Central Massachusetts
Northampton
Belchertown
J. K. Ryan
Jersey Central Road
Kansas City Times
St. Louis
San Francisco
Kansas City
Savannah
Seaboard
Syracuse
New York Central
St. Lawrence River
Rome, Watertown & Ogdensburg
Utica & Black River
Chicago & Atlantic
Louisville, New Albany
Central Traffic Association
Wabash
Peoria
Decatur
Evansville
Blanchard
Rock Island
Louisville & Nashville
St. Paul & Duluth
Norfolk & Western
Evansville & Terre Haute
Boot and Shoe Buyers in Town
A compiled list shows buyers and agents from multiple cities including Binghamton Lawrenceville and Philadelphia, with representatives from Stone Goff & Co Baltimore and Lawrence Berry Co, plus Adams and Saks names. The item catalogues ads and local agents across Chicago Cincinnati Cleveland Columbus Philadelphia Pittsburg St Louis and Washington.
MENTIONED IN THIS ARTICLE
Binghamton
Jd M Stone
Stone, Goff & Co
Baltimore
John A Lawrence
Lawrence, Berry & Co
Bloomington
J P Smith
R P Smith & Sons
Ads
Chicago
George P Gore
Geore P Gore & O
H L Morrill
Craw
Champaign
Arnold
J Shay
T J Shay & Co
Cincinnati
Lexington
G P Ross
George E Spencer
Watkins & Spencer
Macon
R Sims
Seeee Penn
F B Lippincott
Lippincott, Son & Co
Philadelphia
Penn
W Terry
S Bunting’s Sons & Co
Pittsburg
J H Borland
St Louis
C W Parrish
Carter & Parrish
Commodity Market Snapshots Show Mixed Wheat and Farm Goods
Flour firm while corn quiet and oats steady. Oatmeal firm but quiet, rye flour steady with light trade, rye quiet, barley and malt steady. Butter cheese and eggs improve, potatoes in strong demand, provisions firm. Fresh beef firm, sugar firm, molasses steady.
Market Report From Thursday Sale Informs Shrinkage Rates
The cable from Boston notes Port Phillip super and Sydney super prices with shrinking percentages of 53, 40, and 54 percent. It states the market is firm and is signed by Herbmunn, Schwartze & Co.
MENTIONED IN THIS ARTICLE
Boston
Port Phillip
Sydney
Herbmunn, Schwartze & Co
Wool Market Shows Firm Tone Across Regions
The wool market remains firm with active demand and higher prices in many districts. London sales opened with strong attendance and brisk foreign buying while U S markets show cautious but steady activity. notable sales include Ohio, Michigan and New York fleeces with mixed grades, and a Garland opinion on wool tops double duty.
MENTIONED IN THIS ARTICLE
London
Ohio
Pennsylvania
Michigan
Texas
California
Oregon
Montevideo
New York
Chicago
Philadelphia
Tbs
Texas Spring
Colorado
Burry
Territory
Nevada
Garland
Randall
Morrison
Columbus
Congress
Cleveland
Sherman
Payne
Wools Market Totals From Domestic and Foreign Sales
The report catalogs wholesale wool sales by class and region, totaling 2 019 400 pounds domestic plus 118 000 foreign wools and grand total 8 162 700 pounds. Firms represented include Dobson Pittsfield Pollock Piscataqua and Mayo & Son, with prices for multiple fleece types across Ohio Pennsylvania Montana Texas and more.
MENTIONED IN THIS ARTICLE
California
Texas
Oregon
Tbs
Robert Dobson
Pittsfield
Mr. Pollock
Piscataqua Woollen Co
D. R. Cambell
Sangerville
Mayo, Mayo & Son
Foxcroft
Richard Faulkner
Lawrence
Mass
P. Mosely
Tracery Woollen Mills
Philadelphia
EH. P. Scudder
Allston
Mr. Barrows
Burlington Woollen Mills
J. Booth
Providence
Mr. Whipple
Smithfield Woollen Co
Greenville
A. A. Sack
Brown
W. Moseley
George Howarth
Metcalf
O. G. Hollingsdrake
Mr. Sharp
Loam Siow
K. M. Reynolds
W. Richardson
H. Twitchell
M. Wheelock
E. A. Wheelock
E. B. Penningson
Ohio
Penninsylvania
Pennsylvania
Michigan
Kentucky
Canada
Delaine
Montana
Wyoming
Kansas
Nebraska
Georgin
Georgin, . Sss
Dee
Oregon East
Oregon Fine Valley
Oregon Medium Valley
Micreoviogg
Pe Piswidia
Australian
New Zealand
Flour and Grain Market Report January 27
The flour market stays firm with steady demand and goods bought as needed. Spring patents firm, winter wheat flours very firm, western flour slow-moving, prices unchanged. Corn demand light. steamer yellow about 51 3/4 to 52 cents, steamer mixed around 41/2 to 43 cents. Oats quiet and steady with sales by need. No 2 white oats around 40 to 41 cents. On call trading shows varied activity for March through May, with closing bids around 30% to 40 cents for No 2 white oats and related grades. Inspections list diverse lots of wheat, corn, oats, peas, and screenings. Liverpool and Chicago quotes reflect mixed values across wheat, corn, oats, flour, and byproducts. Continuous local market, with prices for flour, cornmeal, rye flour, oatmeal, and millfeed noted in bulk and export terms.
MENTIONED IN THIS ARTICLE
Bush
Liverpool
California
Chicago
Tal
Ode Bove
Faris
Michigan
Canada Supérior
Canada
New York
Also Mentioned on This Page
Boston Stock Exchange
NEW York Financial
Bears
Chicago, Burlington & Quincy
Chicago & Eastern Illinois
Little Rock & Fort Smith
New York & New England
Bell Telephone
Allonez
Eastern
Summit Branch
Maverick Land
Franklin Mining
Atchison
Detroit, Lansing & Northern Preferred
California Southern
Illinois
Chicago & Eastern Ilinois
Burlington & Quincy
Denver
Burlington Northern
Cincinnati, Sandusky & Cleveland
Oregon Transcontinental
Summit
Union Ine
Housatonic
A. A. Jackson
Allegheny Valley Railroad
Shinn
Fitchlur
Connecticut & Passumpsic
Rutland
Worcester, Nashua & Rochester
Atchison Trust
Kansas City, Sprinfield & Memphis
Chicago, Kansas & Western
Oregon Railway and Navigation
Bell ‘Telephone
West End
James N. Converse
Beachmont
Winthrop Junction
Frank M. Ames
John Shepard
Frank W. Fitts
A. J. Lane
Manchester
N. H
William S. Lamson
Lowell
Lucien C. Warner
Harris Hi
Europe
Treasury
Devonshire St
Boston, Mass
Nassau St
Messrs
Baring Brothers & Co
Basset, Whitney & Co
Bankers and Brokers
Devonshire Street
Blake Brothers & Co
S.A. Kean & Co
Bankers Chicago
United Bank Building
Railroad Matters
Gulf & Fort Scott System
London Wool Cable
Boston Exports
Hans