Western strikes weigh on market amid bank statement drop
The Evening Post notes Western strike news depressing stocks while London sellers push prices lower. Major issues like Reading St Paul Union Pacific and Erie show declines though morning gains narrow after 11 o clock. Bank reserves fall by 1.476 million, then a quiet close with little change. Exports from Boston for the week ending March 17 are reported with comparisons.
MENTIONED IN THIS ARTICLE
St. Paul
Chicago & Milwaukee
Erie
Texas Pacific
Green Bay
The
Evening Post
London
Bears
Reading
Union Pacific
Western Union
Lackawanna
Louisville
New York Central
Michigan Central
Jersey Central
Richmond Terminal
Mare Lei
N. York
Boston
Chicago
Louis
Francia
Baltimore
Cincinnaty
N. Orleans
Pittsburg
Pere Tee
Kansas City
Providence
Milwaukee
St.Paul
Omaha
Minneapo’s
Denver
Galveston
Detroit
Cleveland
Indianapolis
Memphis
Columbus
Hartford
New Haven
Wichita
Norfolk
Peoria
Springfield
St. Joseph
Worcester
Lowell
Syracuse
D Rapids
Duluth
Topeka
New
Atkinson
Central Iawa
New York
Atchison
Burlington & Quincey
Burlington & Northern
Burlington & Quincy
Oregon Improvement Company
California Southern
Manitoba
Toledo
Cincinnati
St. Louis
Wall Street
Governor Ames
Missouri Pacific
Ames
Ameses
Fred L. Ames
San Francisco
Burlington Line
New England
Fitenburg
Central Massachusetts
Boswn
Atlantic & Pacific
Waite
West End
Frenchman’s Bay
San Diego
Newrt
Campoello
Atlantic Mining
Atlantic Mining Company
Boston & Montana
Tamarack
Hancock & Calumet Railroad
Mick
Ryan
Houghton County
Calumet & Hecla
Pos
Money Market and Clearing House Report From Boston
Quiet week in Boston money market with no rate changes at clearing houses and general market loans on time paper near 5 to 7 percent. New York funds weak at a discount with weekly exchanges around 64.4 million. imports and specie flows show mixed activity while New York bank surplus falls for a seventh straight week.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterling Exchange
Stock Exchange
Treasury
New York City
St Louis Copper Company stockholders fund development plan
The Bureau reports principal stockholders have contributed one fourth of their shares to the company treasury over the last two weeks to finance opening and development of the property. This replaces the old practice of declaring an “Irish” dividend for such needs.
Dividends Declared by Mining and Trust Firms
The Mutual District Messenger Company declares a quarterly dividend of 11 44 per cent payable April 16, noting a profit rich quarter with no debt and a positive surplus. The Homestake Mining Company proclaims its 116th dividend of $25 000 payable March 26, and the Daly Mining Company declares dividends Nos. 12 and 13 totaling $75 000 payable March 31. The Whiskey Trust issues a February dividend of 0 5 per cent with a promise of monthly future declarations.
MENTIONED IN THIS ARTICLE
Ing
Alt. & T
Ace
At. & Pacific
Be & Air Line
Roch, & P
U. I
Nese
Pacific
Canton
Central
Iowa
Central Pace
Ohio
D. Sen
C .Jeve
Col. Aetees
del. & H
del. & L
Sen
R. G
East ‘Tenn
Rene
Fort Wares
Ft. W
Steer
Hocking Valley, Eess
Houst
Tex
Ener
Kane & & Tex
Kinga
Penn
L. E
Eeee
Lakeshore
Long Island
Lou
Man
Leach
Elev
Central Sae
Romanza
Allouez
Srs
Atinn
Mie
Khost
Mont
Yale
Franklin Pee Enndeos
M & Ohio
Rapahannock
M. & Heaex
Nash
Chat
J. Cent
D. SO
Huron
Nor
Kensington
Brokers’ Board
N.Y
BO A. M
Penobscot
Chicago
A & Quincy
Ohio & Miss
Union “Pacific
Atchison
West
Oregon
NY &Ne
Brie
Reading
Boston
Rich
Arnold
Rap’han’k
Rock Island
Eeee E. A. . Ly
S Diego
Aztec
Royal
Rome
W.d& O
Errree
West End
Bonanza
St. Louis
St. L
BO Kearsarge
Breece
St. Mary’ S
At&p
Catalpa
South Ride
St. Patt
Winthrop
Evesees Eeee Ee
Hanover
iAm
Elect
Hmumb
Manitoba
O 'Ken
O. C
Lord Ac
U. Ke
Ny&n
Mesnard
Mass
Utica
T,co
Stl
Minnesota
Stan Meter
Toledo
Ehhees Sa AS Inc
Reonatts
BR. L. Day & CO
Pacific Mail
C.B
Nat. Bank
Pullman Pa Offen
C.K & Aniel
Mercantile Nat. Bank
Salem
Ewe
Bank of North Aengala
American Oil
Sonora
Bank
New
Middlesex Mill
Am Bell Tel
Massachusetts Cotton Milla
A. Meh
Do DB
Ceeuees
Atlantic & Pacific
Iy M. W
Erie Telswe
Boston & Matoe RR
Old Colony
Cen. P
O. & Trans.bs
Eeerere
Saco & Port, Ri
St. L. x
Aspinwall Boston
Rutland Pref
Weer
D. E
Tol
St. L. RR
Senor
Campobello
Boston & Bangor Steamship
Cambridge Gaslight
Vane
Newport
Erie Telephone
Eeee Erie
San Diegno
San
Ewes Can. P
Topeka
N. Y
N. Co
Rutland
Atlantic
Francis Menshaw & CO
Bararubey
Nat
Ank
C & Hee
Massachusetts Nat. Bank
Kent
J.C. Int
iTex
P. R. Osceola
Bates Mfg
Lsta
T&s
Toby
U. Pac
W. Shore
Bsc. Es Sesaes
Saspachusetts
Cotton Mills
Nashua Mf
Eeeeverre
Palmonie i Nig. Co
Adams
Wells
Starkills
American
Oon
Mont. RR
B& N
B&q
Oston Gasht
Amador
Bodle
Fall River
Ontario
Quicksliver ‘ T
C& St Lh
Everly
Col
UN Pac
Boston Rev. &. & Lynnes
Standar &i
Bathe
Louis
Evans. & & St. Hock
Homestake
Tenn. C
Mutual District Messenger Company
Homestake Mining Company
Daly Mining
Whiskey Trust
Week of activity in foreign markets brims with gains and storms
London reports rising demand for discount and gains in consols conversions driving investments in better securities. English rails show strength while American railroads falter amid US storm related traffic paralysis. Paris bids steady then weak on Emperor Frederick health. Berlin and Frankfort note firm bourses with Russian securities buoyant.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Action Securities
Patiency English Corporation
United States
Paris
Frederick
Berlin
Frankfort
New York Financial Markets End Mixed Amid Strikes and Debts
Money on call eased to 2 percent while prime mercantile paper stood at 5.6 percent. Sterling rates hovered, government bonds were dull, and railroad bonds faced weakness. Western strikes and a poor bank statement pressured stocks, with readings like Reading and Union Pacific among the weakest. later, a minor late rally occurred but overall prices stayed lower.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Reading
St. Paul
Union Pacific
Western Union
Lackawanna
Louisville & Nashville
The Horticulturists Meeting Notes and Resolutions
At the Massachusetts Horticultural Society weekly session President Walcott chaired. An essay by Robert S. Jackson on labeling trees and plants was read. Remarks followed by Walcott Endicott Manda Manning and others. Resolutions on the death of Professor Asa Gray were adopted. Treasurer B. G. Smith presented the American Pomological Society transactions for 1887. Next meeting features Rev. F. N. Bere of Plymouth speaking on Fertilizers Agricultural Physical Intellectual and Moral.
MENTIONED IN THIS ARTICLE
Massachusetts Horticultural Society
Walcott
Robert S. Jackson
Messrs
W. 2. Endicott
W. A. Manda
J. W. Manning
S. Sargent
Asa Gray
B. G. Smith
The
American Pomological Society
F. N. Bere
Plymouth
Buyers and Firms Named in Boston Shoe Trade Listings
A long list of buyers and firms across the United States is noted in connection with the shoe and textile trades, including J Mullen Jr of Tucker Smith Co in Baltimore and C H Kellogg of Kellogg Johnson in Sedalia Missouri, among others, with a closing note praising J M Pray Bons Co for offering lace curtains and upholstery goods together for convenience.
MENTIONED IN THIS ARTICLE
Root and Shoe Buyers
Boston
Baltimore
J Mullen, Jr
Tucker, Smith & Co
W . Carroll
Carroll, Adams & Co
Tre
Aamingham
Ala
J A Lawrence
Lawrence, Berry & Co
Birmingham
MclIntosh
Boone
C T Mason
Mason Bros
Chicago
H Selz
Selz, Schwab & Co
W Marks
A C MacLauchlan
J Harry Selz
Detroit
Mich
M Snedicor
Hathaway
W Logan
N & N & Manufacturers
8 Selling Co
Kansas City
Gavannah
Einstein
Einstein's Sons
St Paul
Minn
H Kellogg
Kellogg, Johnson
Francis
C H Francis & Co
Mr Cawthorn
Cawthorn
J. M. Pray, Bons & Co
Weymouth & Co. Markets Move Through Busy Week
H A Weymouth & Co. reports stock and bond activity with cash and margin deals. Tin futures rose 40 to 70 points. copper weakened. Iron, lead, and steel prices listed. detailed figures for pig iron, bar iron, rails, scrap, nails, pipes, tin, lead, zinc, and prices from mills and exchanges.
MENTIONED IN THIS ARTICLE
Baltimore
Eglinton
Summerlee
Guartsberry
Langivan
Glengarnock
Coltness
New England
London
Straits
Market Report Highlights Steady to Firm Demand Across Commodities
Iron, tin, spelter, flour, cornmeal, oatmeal, buckwheat, rye, barley, malt, butter, cheese, eggs, hay, straw, potatoes, sweet potatoes, pork, lard, hams, fresh beef, mutton, veals, lambs, sugars, molasses remain steady or firm. Med fruit and Florida oranges show varied demand. cranberries light, beans quiet. Taliow noted in fair demand.
MENTIONED IN THIS ARTICLE
Florida
Metal Market Shows Little Change Amid Storm Delays
The metal market notes no iron change as storms depress activity. Pig iron remains hopeful with ample No 2 Pennsylvania in stock while No 1 is scarce. Copper talks with Rio Tinto and others persist, while copper imports rise but consumption falls. Lead steady, tin firm, and zinc unchanged as New York reports minimal business after the latest storm.
MENTIONED IN THIS ARTICLE
Lehigh
Pennsylvania
Bar
Messrs. James Lewis & Sons
Havre
Rio Tinto
Tharsis
Mason & Barry
Cape Copper
Panalcillo
Chili
Australia
England
France
Germany
United States
Societe Des Metaux
New York
Italy
London
Metal Exchange
Wheat and flour exports and market prices reported
The report covers eight months ended February 29 1888 comparing Atlantic and Pacific port exports of wheat and flour with 1886 87. It notes steady flour demand and firm corn prices with scarce spot goods and lists current quotations for flour corn oats barley malt rye and related products along with recent sales and inspections.
MENTIONED IN THIS ARTICLE
Atlantic
Pacific Coast
Pacific
Eess
Minnesota
Michigan
Canada Superior
Canada
New Nel
New York
Bush
Choice
Prices and markets for butter cheese eggs and beans
Butter market remains firm with small receipts and strong creamery demand. Quoted wholesale ranges include Western creameries at 30 31c and New York 28 29c. cheese steady with subdued demand. eggs easing around 1 cent. beans quiet with steady prices and various hand picked pea and bean quotes across regions.
MENTIONED IN THIS ARTICLE
New York
Vermont
Eastern
Liverpool
New Zealand
Ohio
New Hampshire
Michigan
Bush
California
West
North
Also Mentioned on This Page
Williams & CO
Boston Stock Exchange
Mining and Stock Exchange
First Board
Boston Exports
Ators ii Ae
N. Biase
St. Do
Union Pacific Gs
Wis
Atlantic Pacific
Boston & Albany
Boston & Lowell
Boston & Maine
Boston & Prov
Cal
Southern
Central of Mass
C. B
Cleve
Isaead
River
L. Seeee
Fitchburg
Flint Ma
K. C
Ft. Ss
Guts
Maine Central
Summit
Eastman
Lamson Store Ser. Co
Pullman Palace Car
Hecla
Ua Catalpa
Crescent
Nationa
Osceola
Pewabic
Quincy
Ridge
Jamarack
Land Comranies
Aspinwall
W. Ff
Boylston Street
Brookline
Big French Bay
Maverka
Payson
West Ind
Wollaston
Ee Atchison
Chie Kan
W. Ba
Teal K. H
Wasiaynped
B. Hee
Lim
Oans
Buffalo
Grand Rapids
Cleveand
Stroit
Philadelphia
St. Laws
New Orleans
Minneapolis
Owell
Orleans
T. Paul
D. Byinneapolis
Aeee
Clevelan Es
Yichita
Ae Mae
J. Joseph
Rand
Cere
Opeka
Devonshire Street
IN the
Boston Safe Deposit & Trust Go
Milk Street
Foreign Financial Markets
NEW York Financial
H. A. Weymouth & CO
Kilby Street
Chicago Markets
Farnum, Reardon & Co