Boston Money Market Opens With Easier Rates
The Money Market in Boston starts the week softer with time paper at 5% to 6% and loans on call near 5% to 6% per annum. Government securities hold, sterling at 4.88 for demand and 4.85% for sixty days. Boston bank reserves likely rise by 355,529, with a cash excess of 1,283,486. The local stock market shows strength with Atchison and California Southern among active securities and a strong forward outlook.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterling Exchange
Boston Bank
Dividends Declared by Banks Across Cities
The National Eagle Bank of Boston and The National Union Bank of Boston announce dividends. Met ropolitan National Bank Boston declares 242 per cent, Merchants National Bank Boston declares 5 dollars per share, First National Bank New Bedford 314 per cent, Merchants National Bank New Bedford 412 per cent, Citizens National Bank New Bedford 3 per cent, and Atchison company regular quarterly dividend for stock from April 5 to May 5. Central National Bank of Lynn pays 31 percent on April 1.
MENTIONED IN THIS ARTICLE
National Eagle Bank of Boston
National Union Bank of Boston
Metropolitan National Bank of Boston
Merchants’ National Bank of Boston
First National Bank of New Bedford
Merchants’ National Bank of New Bedford
Citizens’ National Bank of New Bedford
Atchison Company
Central National Bank of Lynn
New York Stock Sales March 28 1886 Bond Details
Today's stock sales record 406167 shares with closing and closing prices. Union Pacific reports plans for readjustment of government bonds and expansion including Fort Steele to Grand River and Aspen, plus potential new 5 percent bonds to finance equipment.
MENTIONED IN THIS ARTICLE
New York
Stock Market Quiet Then Bullish Move Evident At New York
Money on call easy at 4 1/2 to 7 00 with last loan at 6 and closing at 6. Prime mercantile paper 5 6. Bar silver 97 34. Government and railroad bonds steady. Stocks opened strong and advanced 1 1/8 to 1 1/2 percent before midday, then paused. late trading steadied with a fractional pullback. Several issues showed gains on favorable Union Pacific and other rumors.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Union Pacific
Jersey Central
Clearfield Coal Company
Western Union
Canada Southern
Fort Worth & Denver Firsts
Atlantic & Pacific
Chesapeake & Ohio
Houston & Texas General
Milwaukee
Lake Shore
Oregon Improvement
Rochester & Pittsburg
Shenandoah Valley General
Peoria
Decatur & Evansville
Evansville Division
Foreign Financial Markets Roundup From London
London March 28 Consols bid at 101 15 16 for money and account. United States 4s at 130 1 2%. United States 448 at 111 1 2. Atlantic and Great Western firsts at 47 5 8. Canada Pacific at 68 1 2. Erie at 34 3 4. Erie seconds at 102. St Paul common at 93 8 4. New York Central at 115 1 4. Pennsylvania at 59 1 2.
MENTIONED IN THIS ARTICLE
Atlantic & Pacific
Eastern Railroad
Mexican Central
New York & New England
Wisconsin Central
Boston & Albany
Boston & Maine
Renee
California Southern
Central Mass
Cleveland
Canton
Burl & North
Chic, Burl & Quineey
Chic
East Illinoi
West Michigan
Cin, San
Flint & Pere Marq
Eevee
Iowa Falls
S City
Sringfield
Mei
New York& N England
Old Colony
A & Pine
Union Pacific Enone
Boston Land
West End Land
A, T& SF
Arnold
Franklin
Ny& N
Huron
Trenton
Osceola
Quincy
Tamarack
T&s F
At & Pacine
Wilson W. Fay & Co
B& N Bs
Obo Street
Boston
K & W Inc
K C
Sp & M
Lou
Ev & St L
P& Y Ark
Empire
Kansas
Martin Wilson
Bannon
Catalpa
Bowman
Erie
Kensington Chair
Ae «Pep
Lamson
Os Aspinwall L
Frenchman's Bb
Wollaston
Con Mass
IF &S Cy
NY &Ne
Pullman
Summit Br
M. A&pine
Blogg. i
Ocak
Frenchman’s Bay
West End
A&p
Be& M
Ny&ne
Oregon Imp Co
Union P
Saas
Am Bell Tel
Erie Tel
Brookline Land
Frenchman's Bay
Boston la
San Diego Land
Pseca
Boston Atheneum
A.T & SF
Fitchburg
Conn River
L&n
NY &Nhe
Sc Scke
Bell Telephone
New England Telephone
Erie Telehone
Eee
Aspinn
Ceersees
Wort FG Lang
Boston Water Power
Aout Atch
To &S Fe
Barasny
Les Clos- Soll
Alt
T. O
Pacific
Air L
Central Iowa
Central Pac
Ches, & Ohio
Chi
del. & H
del. & L
Eer & R
Fort Wayne
St. Jo
Houst
Tex
Man
Beach
Mar. & Cin
Memphis & Ch
Central
Tees
Minn
St. L
Ohio
U. & Lysex
Nash, & Chat
Ads
Ion
Ae Y. Cent
Oregon
Rich. & Ai
Reading
A & Dan
Aeee Roch. & Pitts
Pi Prez
Texas Pacific
Ut - Pacific
Ca & W
London
United States
Atlantic
Great Western
Canada Pacific
St. Paul
New York Central
Pennsylvania
Notable Names Listed in Historical Ledger
Daniel Needham Otis Norcross John Felt Osgood Roy M Pullifer William E Putnam M Denman Ross Nathaniel J Rust appear in a historic ledger of prominent individuals. The fragment emphasizes names tied to a regional civic or scholarly roster.
MENTIONED IN THIS ARTICLE
Daniel Needham
Otis Norcross
John Felt Osgood
Royal M. Pullifer
William E. Putnam
M. Denman Ross
Nathaniel J. Rust
Financial Progress of the Railroad System in 1886 Analysis
The report notes 316 miles of new road completed and 8,300,000 spent on construction. Bonds and stocks declined slightly while floating debt fell by 8,251,367. funded debt rose marginally. Pacific coast freight earnings dropped 17.71 percent despite a 36.68 percent rise in coast tonnage. Eastbound and westbound freight totals increased notably.
MENTIONED IN THIS ARTICLE
Union Pacific Railway Company
Congress
Pacific Roads
Oregon Railway and Navigation Company
Oregon
Union Pacific
Eayeneors
Colorado
Territory of
Wyoming
Missouri River
Omaha
Pacific Coast
Southern Pacific and South Pacific Coast Railroad Deal Rumors
A San Francisco despatch says Colonel Charles F. Crocker received word that the South Pacific Coast railroad purchase has been concluded with Senator James G. Fair, with papers en route. Rumors persist that the Atchison Topeka Santa Fe has gained control of the narrow gauge Pacific Coast railroad between Port Harford and Los Animos, fueling confusion with the South Pacific Coast line.
MENTIONED IN THIS ARTICLE
Atchison
Sturs & San Francisco
Atlantic & Pacific
Southern Pacific
California Exchange
Los Angeles
San Diego
Arlington
Oceanside
Santa Ana
San Juan Capestrano
Colonel Whiting
Aliso Ranche
Anaheim
Santa Ana Junction
Riverside
Atchison, Topeka & Sata Fe
Southern Pacific Railroad Company
London Stock Exchange Committee
Chicago
Santa Fe de California
California
California Southern
Southern
California Southern Railroad
Union Pacific
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Wisconsin Central Common
South Pacific Coast Road
San Francisco
Charles F. Crocker
C. P. Huntington
New York
South Pacific Coast Railroad
James G. Fair
Atchison, Topeka & Santa Fe Railroad Company
Pacific Coast Railroad
Port Harford
Los Anamos
San Luis Obispo
South Pacific Coast Railway
Santa Fe Railroad
Here
Santa Cruz
Baltimore and Ohio deal linked to Atchison rail plans
The sudden departure of Frank C. Hollins for Baltimore on a special train sparked renewed interest in the Baltimore and Ohio purchase. The reports connect Atchison with the deal and suggest railroads under Hollins as directors may join the Lake Erie & Western system in forming part of the purchase.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio
New York
Frank C. Hollins
Baltimore
Atchison
Hollins
Lake Erie & Western
Joseph Cook Ends Lectures at Tremont Temple
Joseph Cook closes his Tremont Temple lecture in cheerful mood announcing a switch to Perjury and Disloyalty Among the Mormons due to alarming news from Salt Lake City. He claims Mormons commit perjury to hold office and frames Utah as a future state with electoral votes tied to party terms.
MENTIONED IN THIS ARTICLE
Joseph Cook
Tremont Temple
Salt Lake City
Utah
A. J. Gordon
Cook
Boston Press
New York
W.W
Market Quiet Across Commodities Shows Steady Tones
Pig iron and old rails are quiet while bar iron and flour stay quiet. Tin plates and pig tin show fair demand and zinc remains unchanged. Many staples like corn oats oatmeal rye flour rye and beans are steady or quiet. Provisions fresh beef and sugar hold firm with steady molasses and poultry unchanged.
Market Report Quiet For Pig Iron And Metals
The market for American pig iron is quiet with little new business and steady prices. Copper ingots and lead show little activity while tin plates and zinc demand remain modest to fair. Old rails and iron products hold easy tones, with steel rails near $39.40 per ton and various grades and alloys quoted at listed levels.
MENTIONED IN THIS ARTICLE
Lake
Lille
Baltimore
Pray Forge
Gray Forge
Eglinton
Glengarnock
Summerlee
Gartsherrie
Langloan
New England
Shell
London Ee
Straits
Market Reports March 28 Flour And Grain
Market notes no change in flour with firm millers and limited trade. Interstate commerce act standstill continues. Corn quiet with steady oats. Steamer yellow 6114 52c and steamer mixed 56144 5214¢. No 2 white in elevators 39 3914¢. June sale 2700 bushels at 3844c. Settling price 38%gc today 38%c. Inspections 111 cars. grain stocks unchanged from last week.
Also Mentioned on This Page
Flint & Pere Marquette
Atchison, Topeka & Santa Fe Railroad
Topeka
Kan
State of
William B. Strong
Mass
William L. Strong
Town Falls
Sioux City
Summit Branch
Sandusky
Cleveland & Canton
Chicago & Eastern Illinois
Kansas City
Springfield
Memphis
Fort Scott & Gulf Road
Detroit
Lansing
Boston & Lowell
Central Massachusetts
Winthrop Junction
Alexander
Winthrop
Portage Lake Gazette
Osceola Company
Dollar Bay
Hancock
Lake Copper
Calumet & Hecla
Devonshire Street
Kidder, Peabody & CO
Nassau St
Philadelphia
Aig
Blake Brothers & Ut
TATE
Water Works Bonds
O.h.venner
Congress Street
Boston Stock Exchange
Clusig
Cen. P. Ists
N. W
Rk. G
Gt . P
Tex. P. L
Wels Fargo
Amsador
Ontario
Col
Col. Coal
Santiago
Vottas
Nevada
Stanislaus
Navajo
Tenn
Belle Isle
Union Con
Railroad Matters
the Union Pacific
Wwe
Union Pacific Co
Treasury
Esas
Charles Bangs
Bangs
Bard & Co
Tre
W C Carroll
Carroll, Adams Co
Buffalo
TT Ramsdell
S M Sweet
P Ramsdell
Sweet & Co
E M Phelps
Phelps, Dodge & Palmer
J S Scott
Cincinnati
F Thorne
H Childs
Childs, Groff & Co
Mich
E Smith
H S Robinson & Burtensham
Dallas
J Newburger
Sanger Bros
S K Green
Berg Ga
D Witkowski
Witkowski & Dunmody
Aee
J W Goodbar
Goodbar
Mt Pleasant
Penn
A H Strickler
Norfolk
J Whitehurst
St Louis
D B Linasley
Orr & Lindsley Shoe Company
St Paul
H Kellogg
Kellogg, Johnson & Co
Toledo
W B Taylor
The
American Rand Sewed Shoe Co
Tipton
H L Dean
Washin On
Ind
F Reinsel
Zanesville
Henry C Werner
U.S
Ts. Chen
Pete Cerateee
NEW York Financial
Foreign Financial Markets
Safe Deposit & Trust Company
Milk Street
Nathaniel J. Bradlle
John Cummings
Oliver Ditson
James Longley
F. W. Lincoln
George C. Lord
F. M. Stone
Henry 8S. Shaw
Ll. Miles Standish
Benjamin F. Stevens
Gerard C. Tobey
Thomas J. Whidden
Frank C. Miles
Edward P. Bond
Safe Deposit Dept
Solomon Lincoln
Ene Sa
New Orleans
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