Money market shows banks paying up to 8 percent
The Tuesday money market featured squeezed bank rates at the clearing house with some debtors paying as high as 6 to 8 percent. General time loans ranged 4 to 6 percent, call loans with collateral 4 to 8 percent, and New York funds at a 12 ½ percent discount. May disbursements for interest and dividends ran high, and government securities remained firm.
Dividends Declared by Multiple Banks and Railroads
Dedham National Bank declares 3 percent dividend while Marblehead Savings Bank issues 2 percent. Georgetown Savings Bank 24 percent. Chicago and Indiana Coal railroad and Chicago and Eastern Illinois Railroad Company declare 14 percent quarterly dividends payable June 1 with transfer books closing May 19 reopening June 11. Pennsylvania Railroad directors declare 244 percent dividend, reduced by 14 percent but expected.
MENTIONED IN THIS ARTICLE
Dedham National Bank
Marblehead Savings Bank
Georgetown Savings Bank
Chicago & Indiana Coal Railroad
Chicago & Eastern Illinois Railroad Company
Pennsylvania Railroad
Public Debt Statement May 1888 Recap
Public debt and interest report shows total debt and assets of the Treasury, detailing bonds, certificates, and sinking funds. Contains figures on Pacific railroad bonds, cash in treasury, reserves, and net cash balance, with a rundown of assets and liabilities and daily market activity in Boston stock exchange listings.
MENTIONED IN THIS ARTICLE
United States
Boston
Washington
May
BEA
Ty Navy Pension Fund
Pacific Railroad
Treasury
Pacific Railroads
Transportation Service
The
United States National Bank Depositories
National Bank
Scenveseeeeters National Bank
District of Columbia
Treasury U. S
D. C
Watersown Live Stock Market Report May 1 1888
Boston Post correspondent George J. Fox reports Watertown market data for week ending May 1 1888 detailing cattle sheep and hog prices. Includes price ranges for beef store cattle hogs hides wool and lambs with notes on western and Canadian arrivals and local sales by Breck & Wood Pollard French and others.
MENTIONED IN THIS ARTICLE
Boston Post
George J. Fox
Brighton
Union Market
Watertown
West
Canada
Hathaway
R Pollard
Breck & Wood
Roert French
W Robertson
South Charlestown
F Fairbanks
R P Pollard
Bardwell
Aldrich & Johnson
Auction Sales Continued Show Rail and Bank Securities
The listing shows continued auction sales of various securities including shares in Manchester Mills McKay & Bigelow Heeing Mch Assn and several banks. It includes railroad stocks such as Boston Concord Montreal and Chicago Milwaukee St Paul divisions with varied maturity and par values. A 200 Boston Tow Boat Co. issue, 1000 Atchison Union Depot bonds, and 9000 Burl Cedar Rapids & Northern RR notes are noted among others.
MENTIONED IN THIS ARTICLE
New England Natl. Bank
Merchants’ Natl
Bank
Suffolk Natl
Eagle Bank
N.E. Natl
City Bank
Manchester Mills
Middlesex Mills
Bates Mills
McKay & Big. Heel. Mach. Asso
Sugar Refineries Co
Boston Towboat Co
Arkansas Valley Town and L. Co
Concord RR
Mercantile Ly Bank
Salem
Burton Stock Car Co
Com
Lansing & No. RR
Town of Damariscotta
Chicago
Burlington & Ag Fe
N. E. Mort. Sec. Co. Bs
Delaware
Safety Ins. Co. Scrip
Blue Hill N. Bk
Milton
Columbian N. Bk
Amoskeag Mfg. Co
McKay Metallic
Asso
Eliot N. Bk
Natl
City Bk
Merchants’ N. Bk
Suffolk N. Bank
Boston & Alban RR
Cheshire RR
W. End St. Ry. Co
Rutland RR
Eastern
City of
Toledo
M. L
Lowell
W. L
Manufacturers
Natl. Bank
Mit. Bank
Brighton
Do Tremont Natl. Bank
Merchandise Natl
Globe Natl. Bank
Middlesex Co
Lawrence Are. Co
Boott Cotton M Ills
Lawrence Mfg
Cocheco Mfg
Tremont & Suffolk Mills
Do Lyman Mills
Do Tremon
Elk Horn & M. Valley RR
Boston & Lowell RR
Eng. Mort. Sec. Hs
Law. & No
Eastern RR
State Natl. Bank
China Mutual Insurance Ser
Allegan & Grand Rapid RR
Og Do Metropolitan RR
Kansas City
Bath
Minneapolis
Brunswick (Me
Biddeford
Sagadahoc Natl, Bank
Am Aoip
Roott Cotton Mills
Newburyport & Amesbury RR. Co
Bank of Commerce
Boston
Bank of North America
Sioux City & Pacific
New York
New England
Pesca
Spring
Memphis
Charlestown Gas Lt. Co
St. Paul, Min
Manitoba RR
Montana
N. H
Wakefield Rattan Co
McKay & Bigelow Heeing Mch. Assn
Quincy RR. Bridge
Atlantic
North
Jarket
Massachusetts
Feston
Concord & Moston
Concorontreal RR
Boston Tow Boat Co
New York Money Market and Stock Activity Report
New York on May 1 reports easy money on call 2 to 3 percent, last loan 2 1/4, prime mercantile paper at 5 6. Sterling exchange weak with 60 day bills at 4.86 and demand around 4.88. Government bonds quiet but firm. railroad bonds active. The stock market opened weak with early declines but recovered, closing quiet but firmer than opening. Notable intraday gains led by Louisville & Nashville and Pacific Mail. Missouri Pacific declined sharply then recovered. Bond sales totalled about $1.374 million. Atlantic & Pacific incomes and various railroad issues showed mixed movements.
MENTIONED IN THIS ARTICLE
Guadalajara
Aguasca
Lientes
Tampico
Salinas
San Luis Potosi
Republic
Roductive
Cit
San Luis
Potosi
Gulf of Mexico
Gulf
United States
Mexico
Monte de Piedad
Boston
Guanahuats
Oregon
Chicago, Burlington & Northern
New York & New England
Fitchburg
Eastern
Boston & Lowell
Boston & Maine
Cheshire
Old Colony
West End
Boston Board of Aldermen
West End Street Railway Company
Committee On Railroads
West End Railway Company
Frenchman’s Bay
San Diego
Penobscot
Utler
John C. Watson
Cutler, Me
William S. Dexter
Charles Pp. Car- Messisus
Dexter N. Richards
Boston Gas Company
Quincy
Boston & Montana
Franklin
New York
Prime Mercantile
Sor
Sterling Exchange
Reading
Richmond & West Point
New England
St. Paul
Missouri Pacific
Louisville & Nashville
Pacific Mail
Fort Worth & Denver
Atlantic & Pacific
Chesapeake & Ohio
Rock Island
Chicago & Milwaukee
Hocking Valley
Long Dock
Galveston
Harrisburg & San Antonio
Gulf, Colorado & Santa Fe
Lake Erie & Western
Peoria
Decatur
Bank holiday on Stock Exchange as England marks bi-annual settlement
Note 8 per cent, rentes at 82 francs 6 centimetres the account. Bi-annual settling day at the Bank Today is these of England, and is therefore a holiday on the Stock Exchange.
MENTIONED IN THIS ARTICLE
England
Stock Exchange
Market Report Sees Mixed Commodity Trends
In this trading note, several staples hold steady while certain grains edge higher. Corn shows gains, oats stay firm, rye quiet, flour steady, and meals steady. Livestock and produce show varied activity with beef prices down slightly and pork, lambs, and hay in solid demand.
Wool sale in London reports brisk bidding and high prices
London May 1 wool sale shows strong demand from Continental buyers. Eleven thousand nine hundred sixty-one bales offered including 566 Punta Arenas. Prices across Victoria New South Wales Queensland New Zealand Cape of Good Hope Natal Punta Arenas and sheepskins vary with scoured and greasy lots quoted in shillings and pence.
MENTIONED IN THIS ARTICLE
London
Punta Arenas
Victoria
New South Wales
Queensland
New Zealand
Cape of Good Hope
Natal
The Lumber Market Review Week of April 26
The lumber market shows little change with quiet movement in Eastern markets. Pine, spruce, and hemlock receipts rise modestly, while demand remains subdued across species. Prices hold steady with slight firming in first and second class spruce, and a general steadiness in shingles clapboards laths and Western and Southern lumber.
MENTIONED IN THIS ARTICLE
Hemlock
Pennsylvania
Boston
Also Mentioned on This Page
Toston
Boston & Providence
St. Louis
San Nessee
Telegraph
New Orleans
Continental
Reichsmarks
Bank of England
London Stock Exchange
Alfred Sully
Richardson, Hill & Co
Atchison
Chigaco & Alton
Jans
Union Pacific
Burlington & Quincy
Flint & Pete Marquette
Cincinnati
Sandusky & Cleveland
California Southern
Wisconsin Central
Louisville
Evansville & St. Louis
Detroit, Lansing & Northern
Fort Scott & Gulf
Springeld
OLD Colony A. R&d
J. M. Washburn
Devonshire Street
Foote & French Bankers
Congress Street
Public Debt Statement
Eesaan
Sones
Cener
Eer
PIS
Boston Stock Exchange
T&s Fco
Beli
French Bay
B & Mont
Cal & Hee
T&sf
B& Iu
Mass
Bé&Q
Mining and Stock Exchange
Lombard Investment Co
Reece B. H. Mach. Co
McKay & Big
H. M. Asso. Order of Adm
Eliot Wh
Ms Oe
Mt. Vernon N
Blackstone N
Howard N. Bk
Shawmut N. BR
Alen
Maine Central RR
Middlesex H. RR
Iowa RR
Trust Co. Jert
Lawrence
Bsaas Es Ee
T&s
So Inc
Cal & B
Ee Enone
So Kan Inc
Wis Cent Inc
Bell Tel
Erie Tel
Ee Lamson
Boston Land
Ee Atlantic
Tamarack
Gog
Caereee
B&l
Ae B&m
L& N
Ny&ne
Senate
K & W Inc
K & So
Wis
Ee Erie
Dwight Mfg Co
Aessee
A&p
Cessesee A
B& Eeewaeeneee
B& M
Cal So
Eeesee
B&q
Ny&n NE
T & SF
K& Bases
M&b Shires
Ee L
Ev & St L
Wis C Inc
Rere
Beli Tel
IN Be
Samson
B&n
Col. Ceresore
Oe Fia
Allone
Arnold
Bonanza Devel
T. Cal
Hecla
Catalpa
Crescent
Huron
Aly Ironton
Kearsarge
Osceola
Ridee
Winthrop
Big
Aspinwall
Eeouve
Eveee
Boston Wids
Boyleton Street
Brookline
Eevee
Campobello
East
Maverick
Newport
Seeee
Payson
Topeka
Ewee
Wollaston
Esecre
L. G
At. & Pac
C. B
Kan
C&w. Mich
Oreere
M. St. F
de Wis
Klis
K. C
Kk. C
Jey St. J
C.B
K.C
N.& Y.neecoeaese
ZUS
Ners
Nor. Pac D’o
Ee Og
L. C. Con
Pueb
TB Eee
Ee Rutland
Sonora
S. F
Do Inc
Atch
Atlantic Pacific
Boston & Albany
Boston & Prov
Cal Southern
Central of Mass
Aeeneeus Ae Ial
B. & Cleve
Wes
Ff C
Seesseves
Jonn
River
Riecol., Sp. & Cin
Rutland
Beliiviveseeeteeg
Erie
Eastman
Lamson Store Ser. Co
Boston National Banks
Massach’ts
Atlas
Mechanics
Blackstone
Blue Hill
Metroplan
Boylston
Monument
Broadway
Vernon
Central
Citcomeeae Eevee
America
Eliot
Repub C
Everett
Rockland
Shaw
Shoe & L
Freeman’ S. Abi
Suffolk
Globe
A Hamilton
Hide & L
Tremont
Howard
Union
Lincoln M
Urs
Webster
Mkt
Amor
Laconia
Lancaster
Maas
Merrim’ck
Bost
Middlesex
Cabot
Nashua
Clinton
Lit
Naumkeag
Cocheco
Hill
Eeee
York
Eee
Jackson
Allouez
Royal Gold
Aztec
Napa
Bisey
Eure
Isi
Pacific
Air Line
Aenre
Canton Assee
Esee
Central Lowa
Central Pacific
Chi
Gieve. & Col
del. & H
Pel. & L
Uit den, & RK. G
East Teun
U. EE
Lake Shore
Long Island
Lou
N. A
Man. Beach
Man
Eeeereef
Minn
St. L
An. Pacite
Ly Gl
Ohio
Lssex
Nash
Chat
N. J. Cent
Rbi
C.d& St. L
Pittsburg
St. Eree
Neces Pacific
Tol. & O. C. . Pacific
Utica & B
Bis .&L.eiscullaneous
Oregon Im
Pullman Pal
W. Union
American Oi
Eeeeee Petroleum
Chicago Markets
Watertown Union
Mosine
Gan. Sc
WJ. G. Int
C. & Trans
St.l
I. M
N. P
W. Shore
N. W
Adams
American
Amador
Cal.& Wals Dunkin
el Cristo
Exchequer
Gould & Car
Hale & Nor
Hock
Wells Fargoing Companies
Homestake
Merican
Ontario
Plymouth
Proustite
Quicksilver
Ere- Santiago
Tenn
Db Baty
Nate
Foreign Financial Markets
Paris
Reardon & Co
Farnum
California
AN Francisco
Cal
Ophir
Best & Belcher
Bodie
Savage
Sierra Nevada
Crown Point
Utah
Gould & Curry
North Belle Isle
Hale & Norcross
NEW York Financial
London Wool Sales