Money Market Mixed With Rail Con solidation News
The Boston money market shows dull rates with clearinghouse at 2 percent and time loans 3 to 5 percent. Reports detail Union Pacific consolidation talks uniting Oregon Short Line and Utah & Northern, creating a 1055 mile network and potential wider Utah linkages.
Copper stock deal moves shares as talks extend
At a New York conference the French investor group and American producers agreed to contract extensions with price reductions and preserved letters of credit. Major mines including Anaconda Calumet & Hecla backed the deal, lifting copper stocks in Boston Montana Franklin and Tamarack while reporting sturdy February ore output and promising advances at several mines.
MENTIONED IN THIS ARTICLE
Brunswick
New York
Wheelock
Anaconda
Calumet & Hecla
Boston & Montana
Franklin
Osceola
Tamarack
Huron
Palmer
Butte & Boston Mining Company
Butte
Thomson-Houston
Edison Toy Phonograph
Atkinson House Furnishing Company Maine Stock Rises
Prominent among New England investments the Atkinson House Furnishing Company of Maine shows steady dividends of 5 percent every January and July since 1887. The firm reports a growing surplus and a stock price increase of $2.00 per share effective April 1 after a Feb 6 1889 stockholders vote. Office: 17 Milk Street, Room 5.
MENTIONED IN THIS ARTICLE
New England
Atkinson House Furnishing Company of
Maine
Milk Street
Bond Deposition Deadline For Mexican Central Bonds
Boston date March 6 1889 deposit window for First Mortgage and Income Bonds under January 30 1889 circular expires April 10 1889. Most bonds already deposited leaving a final opportunity via Boston Safe Deposit and Trust Company or Glyn Mills Currie London with specified fees. After April 10 deposits incur double charges until further notice. Levi C Wade President.
MENTIONED IN THIS ARTICLE
Boston
Boston Safe Deposit and Trust Company
Milk 5 St
Glyn, Mills, Currie and Company
Bankers
Lombard St
London
Levi C. Wade
Foreign Markets Report From London and Paris
Foreign markets overview from London shows Canadian Pacific at 52 percent Erie at 30 percent with Erie seconds at 106, Illinois Central 112, Mexican Ordinary 43, St Paul common 63, New York Central 111, Pennsylvania 56, Reading 24, Mexican Central firsts 73, and Money at 2 percent. Open market discount rate for short and three months bills around 2.4 percent. Spanish 4s quoted at 75 percent. Paris advices cite 3 percent rentes at 85 francs 40 centimes. Bank of England bullion balance today adds 64,000 pounds.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
Secretary of the Treasury
Atchison
Chicago Atchison
Union Pacific
Oregon Short Line
Ogden
Utah & Northern Railroad
Utah & Northern
Uta & Northern Railway Company
Granger
Huntington
Butte
Utah
Tah Central
Utah & Nevada
Salt Lake & Western
Ogden & Syracuse
Salt Lake City
Flint & Pere Marquette
Oregon Navigation
United States Supreme Court
Oregonian
Chicago, Burlington & Quincy
Chicago, Burlington & Northern Oe
Kansas City, Memphis
Irmingham
Pullman
Palace
California Southern
Current River
West Michigan
Wisconsin Central
Mexican Central
Sanuis Potosi Division
Chicago, Burlington & Northern
Chicago, Kansas & Western
Detroit, Lansing & Northern
New England
Oregon
Sonora
Southern Kansas
Boston & Albany
Boston & Lowell
Boston & Maine
Boston & Providence
Central Massachusetts
Eastern
West End
Maine
Lamson
Lamoine
Brookline
Sullivan
Boston Stock Exchange
Wilson W. Fay & Co
State Street
L& C
Thormson
Rome
Owaee
Feoptual Tel
Sullivan Harbor Land
West — Land
Burton
St. Paul
Iint Atlantic Pace Seere LO
Financial Telegram
Os & Mont
Arnold Min
St. P
M. & Moe
Gai
Cai & Hee Il
Eureka
Pissy Vitae Pacific
Isi
C. Ee Franklin
U. Pacific
Nvtica & Bed Ener
Nationa Eeee
St. L. Zt
Osceola
Ae Bank
Ff Een Soumesass Oa Hh
Ein Sey
Oseeee
Santa Fe
Oregon I AX
Pacific Mail
Ees
Saya
Exchange Bank
Eenee
Seer Pullman Pal
Eliot Bank
el Q. W
Union
Bae Ie Ae Geckuves Sravewese
Revere Bank Peepee
American’ Oil
Belfast
Belfast Bank Eodeaeereeee Severe Veseeeres Esterase N.Y
I. I
Andover Bok
Frenak Iaaigalto, Tenn. C. & Cameron Coal
Aeee
Kiver
Vawanesaes
First Bank
Saiem Do Sooeetrre Chi. G Tr
Freeman's Bank
Eve
American Cab
F&pm
Manchester Mills
Bates Aaenine Co
Pees EU Es Eae . 1,000 350 465 46 3 Ao Abeasters
Neenee
Edwards Manuf Co
Union Manuf Co
Eauee Wiese 237 Can. So. 2Ds. 04 94% N. W
Hill Manuf Co
O. Navists
Palace Car
Shaw-Stocking Co
Sicvtere
R.G
Eee
Tereeters Fener
Everett Mills
New
St. Leathe
Kcott Cotton Mills
Icheass
P. M. J Boston Manus Co
Lancaster Mills
Erie
St Be P
Hamilton Manuf. Co
Kan. P
Wamsutta
New Bedford
Jeter
LLBY
Sonata
Jackson Manuf.Co
Eeereeere
M. A
Silver Cert
Bell Tel Pe Fee
Cove
N.J.C
i'Tex. P
Boston Water Power
Fitchburg RR
Prao
Quincy
ATOR
Amador
Best & Reich
Lab
Cal & Hee
Oepssuaas
Cal. B. Hise
Ontario
Neva Ee Bledobee
Wakefield Rattan Co
Eeee Commonwth
Aca Huron
Evans Artificial Leather
Va Fey
Bva Sunivan
McKay & Bigelow H. M. Cere Crown Point
Union jCon
Thomson-Houston Electriate
el Cristo
Vere
Traveller Newspaper Association
Aes Gould & Cury
United Copper
Charlestown Gas
Hale & Nor
Tamarack
Etere
Barber Trimmer Co
T&s Fe
Ieee C.ben
St. Johnsbur
Salem
Maine Central
Pal
Ny&n
North. A
Eng. Mort
Chi
Bur, & Northern Ae
Sioux City & Pacific RR
Bos
Concord & Mont
San Diego Land
S. Co
BSB
Old Colony RR
Far, Loan and Trust Co
Boston & Lowell RR
American Rapid Tele. Co
Chi, Mil. & St. Vans RR
China Mut
Ins. Co
Scrip
London
Ilinois
Bank of England
Ee Ih
Allouez
Arnold
Atlantic
Eset Ee
Bonanza Devel’t
Mont
Crescent
Dunkin
Franklin
Huron
Santa Fe Ee
Perkered
Boothbay
W. P
Sixeb
Iva
Boylston Street
Seite Sack ‘ By
Winthrop
Wollaston
Eevnee
At. & Pac. Lst
Do Inc
Kan
C. & W. Mich
H C
D.D
de Wis
Elk H
J. & Alb
M. Go
N.Y
N. E
D.O
Con
of & LC
A. V. Cinc
Rutland
Inc
Atch
Top
S. F
Atlantic & Wacifias
Cleve
Janton
Col. Sp
Cid
Fitenburg
Mae . Ee I
Seee K. Go Et
Cleeere
Cll
Kc. & Mem
L., KE
St. Lucse
Mexican Central. . O
North Eeewe
Old Colony
Summit Branch
Wisconsin ‘Central
Bell
Fastman Car
Lamson Store Ser. Co
Pullman Palace Car Co
New York Financial Market Uneven Trading and Declines
Money on call was easy with rates from 2 to 3, while bonds and stocks showed a quiet heavy tone. Chesapeake & Ohio first preferred rallied, Manhattan weakness pulled down the market, and overall railway and coal shares faced mixed moves with a late decline.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Chesapeake & Ohio
Chicago
Texas Pacific
Pacific Mail
Short Line
Manhattan
Oregon
St. Paul
Gould
Dulness
Chicago Gas
Colorado
Reading
International
International Seconds $108,000. Long Docks
Erie
Indianapolis
Decatur & Springfield
Metropolitan
Cairo
Arkansas
Texas
Gulf, Colorado & Ronta Fe
Duluth
Manitoba Dakota
Utah Southern General
Great Western Second Trust
Commodity market notes from agricultural columns
The report lists price and demand status for many goods including lumber flour corn oats rye Graham cornmeal oatmeal rye barley millseed and cottonseed meal as well as meats eggs butter cheese and produce. Supplies are described as steady firm dull or quiet across grains vegetables dairy and livestock with sugars molasses and fats showing varied activity.
Wood Prices and Availability Across Hardwoods and Pine
Market notes show limited hardwood stock with steady demand and rising prices for white wood, poplar, walnut, and oak. Various lumber grades and lengths listed with current quotes for Hemlock boards, shingles, clapboards, laths, and spruce and pine products from multiple regions and stockyards.
MENTIONED IN THIS ARTICLE
Pennsylvania
Canada
Indiana
Vermont
Market Outlook for Lumber and Shingle Industry Across Regions
Market conditions remain favorable with steady demand for Eastern and Northern lumber. Reports from Maine show heavy logging activity and abundant spruce supply while Michigan shows strong white pine markets. shingle mills expand despite ample supply, prices holding steady and buyers rushing orders.
MENTIONED IN THIS ARTICLE
Maine
Michigan
Grand Rapids
Pennsylvania
City Horse Market Shows Quiet March Trade and Low Prices
Dealers report a generally quiet March with large arrivals and low returns. Auctions at Walker's Bazaar and other stables sold 100 plus horses, with prices from 40 to 400 dollars. Trade described as fair for work stock, but common horses remained dull and prospects for the coming week looked unpromising.
MENTIONED IN THIS ARTICLE
Walker’s Bazaar
Maryland
Moses Colman & Son
Attsburgh & Co
J P Dunsmore
Russell
L H Brockway
Welch & Hall
International Horse Exchange
CH & E
Snow
Cloth market steady in Fall River with steady demand
Fall River mass reports the print cloth market remains quiet with moderate trading. Buyers and sellers hold prices around 315 to 316 cents per yard for 64 by 64 inch cloth.
MENTIONED IN THIS ARTICLE
Fall River
Mass
Wheat and corn trading active amid bullish yet cautious tone
Grain markets in Chicago opened with active wheat trade as shorts booked profits and buyers aimed long. May wheat bids near 10248 with rumors of miller advance in Minneapolis. corn remains dull to steady with strong export hopes from St Louis and New York closing quotes showing modest gains across contracts.
MENTIONED IN THIS ARTICLE
Minneapolis
St Louis
C. Williams & Co
New York
Market report roundup of flour corn oats and wheat prices
Regional grain markets show mixed receipts shipments and prices. New York and Chicago reports note steady to dull trading with No 2 mixed and steamer yellow corn quoted alongside flat oats and wheat futures. Prices vary by grade and location across St Louis Toledo Detroit Milwaukee and Minneapolis markets with modest gains and declines amid heavy supply.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Canada Superior
Canada
New York
St Louis
Milwaukee
Chicago
Toledo
Detroit
Hoosac
Peoria
State
Loledo
Steader
Minneapolis
Also Mentioned on This Page
Mexican Central Railway Company, Limited
New England Mortgage Se
Curity Company
Parkinson & Burr
Congress Street
Irving A, Evans & Bankers and Brokers
Philadelphia
Stock Exchange Building
BOA
T&s
Do Trust
Det
Lansing
So Kan Inc
Miscellaneous Stock Exchange
T. H
At. & Pacific
Heer
Mir L
Pacific
Central Iowa
Central Pac
Ches. & Ohio
Yale
E. UL
del. & H
del. & L
KR. G
Wee
Fearon
Wee Cess
Fort Wayne
Seit Hockingal
Houst
Ereaas
Kings & Pem
Aiega
Lake Shore
Long Island
Lou
Man
Seer . Tener . Mem
Tl. M
Cee Sever Eeer
Euee Nash
N. J. Cent
Berkg West A
Y. Cent
Ohio
Owen Ee Ont & Weat
Pittsburgeer
Alocsesvcea
NEW York Financial
Beyton. Caverly & CO
North Market St. Stalla
Faneuil Hall Market
James & Abbot
Liberty Square
City Horse Market
Boston Exports
York
COUN
Farnum, Reardon & Co
Pullman's Palace Car Company
Chcaco
Farmers’ Loan and Trust Company
New Enevanp Trust Company
Denver, John M. BI
Colorado Reey & CO
Denver
Zalvern
John M. Berkey & CO
THE
Eastern Banking CO
Francis A. Osborn
T. Merrihew
Kansas City
New York Exchange
Bauerlein & CO
John Jeffries & Sons
Devonshire Street
Jane
John E. Welsh
Boston Markets