Money Market Dull With Rates Mixed In Boston Scene
Boston money market shows dull demand with scarce desirable paper. Clearing house rate at 2 percent, three to four month paper about 4.4 percent, call loans 2.3 percent. Exchange totals and bank balances vary as New York figures list large sums. Cities like Birmingham and St Paul trade debt offerings, while Chicago Burlington & Northern gains follow traffic deal, with investors eyeing earnings and rail-road movements across the era.
Dividends Declared by Several Rail and Bank Firms
Swampscott Land Trust reports a second dividend of 50 cents per share. Haverhill & Groveland Street Railway declares 2 percent. Chicago & Eastern Illinois Railroad issues a quarterly 1a percent dividend. Dedham National Bank proclaims 3 percent. Globe Street Railway Fall River declares quarterly 14 percent. Pennsylvania Railroad announces semi annual 24 percent dividend.
MENTIONED IN THIS ARTICLE
Swampscott Land Trust Company
Haverhill & Groveland Street Railway Company
Chicago & Eastern Illinois Railroad Company
Dedham National Bank
Globe Street Railway Company
Fall River Am
Pensylvania Railroad Company
Willard C. James and E. T. Wright Named Officers
Willard C. James Esq serves as president and E. T. Wright Esq holds the treasurer post in the organization. The brief notice confirms the leadership slate without further detail.
MENTIONED IN THIS ARTICLE
Willard C. James
E. T. Wright, Esq
Auction SALES. Stocks offered by administrators and executors
Auction sale list from May 4 1889 includes many stocks bonds and mortgages from Hingham National Bank Winthropshore Land Co Kansas City Missouri City of Chicago St Paul etc. Entries show numerous banks railroads and manufacturing concerns with first and second mortgages notes and various 1st mort. bonds. Also extensive entries for Boston area banks railroad companies and manufacturing firms with quantities and prices as known. Proceeds support executors and estates including Hingham Andover and Vermont entities.
MENTIONED IN THIS ARTICLE
Hingham National Bank
Hingham
Mass
Winthropshore Land Co
de Russell Mills
Plymouth
Rovince of
Quebec
Gold & Kansas City
Mort Scott & Memphis RR
Con
LA Las
Fansas City
Lawrence & Southern RR
Tingiman
Pratt
National Bank of Redemption
National Hide and Leather Bank
Freeman’s National Bank
Andover National Bank
Andover
Everett Mille
Do Amory Manufacturing Co
Shoe and Leather National Bank
Metropolitan National Bank
National Webster Bank
Leominster National Bank
Leominster Mass
Mercantile National Bank
Salem
Plum Island Street
Newburyport
Fort Payne Cowl and Iron Co
National Mortgage and Debenture Co
Sigelow Carpet Co
Showalter Mortgage Co
Ational Car Co
Moriey Button 8
M. Co
National City Bank
Newton National Bank
Newton
East Middlesex Horse RR. Co
Toledo, St. Louis & Kansas City RR
Thurston & Hall Biscuit Co
National Bank
McKay Met
McKay & Bigelow H. M
Algonquin Club
Kansas Rr, Inc
Boston, Concord & Montreal RR
City of
Newport
Farmers’ Loan and Trust Co. of
Kansas
Nat.ionk
Farmers’ Loan and Trust Co
Davidson Invest Co
Vt. & Mass
Augle Depot and
RR. Co
City of Chicago
Consol, RR. of Vt
N. E. Mort. Sec. Co
Boston N. Bank
N. Hide and Leather Bank
Boson Wharf Co
Suffolk Cordage Co
Bunker Hill Cyclorama Co
Boston Towboat Co
Nashia & Lowell RR
Chicopee Manufacturing Co
Lowell Manufacturing Co
State National Bank
Collateral Loan Co
Beaton & Albany RR
Atchison, Top. & Santa Fe RR
Chicago, Burl
Market Summary New York May Day stock and bond report
Money on call easy 2 to 4 percent with last loan at 2 and closing at 2. Prime mercantile paper 394.5 percent. Bar silver 92. Sterling exchange quiet firm with 60 day bills at 4.87 and demand around 4.88. Government bonds dull steady. railroad bonds active and strong. Market opened higher. Western stocks led gains with Burlington, Rock Island and Union Pacific advancing. By afternoon more movement in Atchison, Reading, Missouri Pacific and Pullman. Oregon Navigation up 144. Close showed general firmness with some late weakness in Pullman. Grainger shares strong. overall volume about $1,834,000. Several issues rose, including Burlington & Quincy, St Paul Hastings & Dakota, Northwestern debentures, Denver & South Park, Denver & Rio Grande Western and others.
MENTIONED IN THIS ARTICLE
Boston
New York
Lowell
Boston Five Cent Savings Bank
Messrs. Kidder, Peabody & Co
St. Paul
Birmingham
Ala
Jefferson County
Messrs. Spitzer & Co
Toledo
Court House
Court House Ne
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
Reichsmarks
Lazard Freresd& Co
France
Iown Bros. & Co
England
Arbuche Gros
Kidder, Peabody & Co
James Munroe & Co
Boston Stock Exchange
Burlington & Quincy
Bears
Boston Bears
Chicago, Burlington & Northern
Northern Pacific
Wisconsin Central
Burlington & Northern
Atchison
Messrs
Nickerson
Larr
Shattuck
Sawyer
Wharton
Savory
Kansas
Thomas Aring
Spencer
Baltimore & Ohio Road
Drexel, Morgan & Co
Edwin H. Abbot
Wisconsin Central Road
McCook
Kidder
East
Union Pacific
Oregon
Union Pacific Company
Europe
Northernacific
Wisconsin Central First Mortgage
Lowa
Prime Mercantile Paper
Sterling Exchange
Burlington
Rock Island
Reading
Missouri Pacific
Pullman
Oregon Navigation
Lackawanna
Richmond & West Point
Burlington & Quincey Denvers
St. Paul Hastings & Dakota
Terminal
Northwestern
Denver & South Park
Denver & Rio Grande Western
Duluth & South Shore
Gulf, Colorado & Santa Fe
Lake Shore
Shenandoah Valley
Wabash & St. Louis
Great Western
Foreign financial markets report and bank bullion move
London figures show U S 4s at 132 and major railway and Canadian stocks with varied percentages. Paris quotes 3 per cent rentes at 87 francs 67 centimes. Bank of England bullion withdrawn today totals 20,000 pounds. Imperial Bank of Germany reports a 3.82 million mark increase in specie.
MENTIONED IN THIS ARTICLE
London
United States
Illinois
Bank of England
Krlin
Imperial Bank of Germany
Kansas City Fort Scott and Memphis Railroad issues 1888 report
First annual report for 1888 shows consolidation of three lines into 670 miles with gross earnings of 4.344 million and net earnings of 1.421 million. Details cover expenses, debt, dividends, sinking funds, mileage, interchanges, land sales, improvements, and intercity freight. News also notes Northern Pacific discussions and St Paul and Inman resignations.
MENTIONED IN THIS ARTICLE
Kansas City, Fort Scott & Memphis Railroad Company
Kansas City
Fort Scott & Gulf System
Springfield
Kansas City Belt Railway
Fort Scott Company
Kansas City, Clinton & Springfield
Clinton Company
Fort Scott
Birmingham Road
Clinton Road
River
Northern Pacific
Adams
Pacific Northwest
Union Pacific
Oregon Railway
Milwaukee
John Plankington
St. Paul
Inman
Richmond Y Terminal
Patrick Calhoun
Bright's disease cure praised by medical dean
R A Gunn MD dean of United States Medical College and editor of Medical Tribune lauds Warner's Safe Cure after treating Bright's disease. He notes marked improvement within a month and near-total recovery after four months with no tube casts and minimal albumen. He then prescribes full doses with satisfactory results.
MENTIONED IN THIS ARTICLE
R. A. Gunn
United States Medical College
Medical Tribune
Gunn
Warner
Bright
Market Trends Snapshot Across Commodities
The report notes steady or firmer movements across food and farm products with mixed signals. Notable firmness appears in corn oats eggs oranges and sugars while items like sweet potatoes cranberries and tallow show softer or slower activity. Overall demand remains varied across sectors with several staples stabilizing.
MENTIONED IN THIS ARTICLE
Graham
PRINT CLOTH MARKET SHARES STEADY AT 31 3 16 C ASKS
FALL RIVER May 3 the print cloth market holds at 313 16 cents for 64x64s with some sales for this week. Demand waned for bulk goods while odd pieces move well. A Stafford Mills slasher exploded injuring one worker, John F Feath ers tone, as eight windows shattered and flying splinters filled the room.
MENTIONED IN THIS ARTICLE
Fall River
Stafford
John F.featherstone
Wool Sales Report From London May Show Varied Demand
At London wool sales on May 3 a smaller attendance followed keen competition. Victoria New South Wales and New Zealand produce showed brisk demand with large volumes traded across scoured greasy and locks and pieces categories. Prices quoted in shillings pence per pound for various lots, including Victoria 1200 sales and New South Wales 3800 bales, reflect differing quality grades and regions. Notable entries include New Zealand 4600 bales and Cape of Good Hope 200 bales with mixed scoured and greasy valuations.
MENTIONED IN THIS ARTICLE
London
Victoria
New South Wales
New Zealand
Queensand
South Australia
Swaniver
Tasmania
Cape of Good Hope
Natal
Falkland
Wheat market flats as sentiment shifts in Chicago May trade
The Option Markets in Chicago report a wheat market near steady, closing a cent above the open amid shifting sentiment. Traders note limited buying beyond shorts, with improving export demand and unfavorable weather tempering harvest reports. Cables show some conflict while exporters purchase wheat in New York.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Honton
Profitable Investments Highlighted By C. H. Williams & Co
A late 19th century listing shows varied profits from April to October trades in rail, shipping, and industrial stocks. Examples include Lake Shore, Northwest, New England, Canada Southern, and Richmond & Terminal with net profits ranging from under $2 to over $384, with investment totals supplied. Customers are urged to invest more, as larger sums would scale profits, with mail and telegraph orders accepted for prompt, confidential service from C. H. Williams & Co.
MENTIONED IN THIS ARTICLE
Williams & CO
Lackawanna
Lake Shore
Northwest
New England
Canada Southern
America
St. Pau
Richmond & Terminal
Congress &Ress
Also Mentioned on This Page
Inc
Gulf, Colorado
Santa Fe
White
The
Kansas Connections
Boston Water Power Committee of Inquiry
Northwestern Land and Coal Company
Dakota
Missouri
Alabama
Spitzer & CO
Congress Street
Summit Street
W. C. James
Sgale Truck 60
W.C. James & Co
E. T. Wright
Rockland
Oscar A. Mann
John M. Corse
George E. Smalley
Boston & Norfolk Steamship Co
Gray & Milliken, Bankers
Kilby Street
Gongress Street
Hier Ional
John M. Graham
William Claflin
Robert M. Morse, Jr
William T. Parker
P. A. Collins
Thoma
John M. Granam, Pres
Ont, Il
Jewett
Irving A. Evans & Co
Fiske Building
State ST
New England Trust Co
Blake Bros. & Co
Nassau St
Kansas Packie | Railway Co
pnLy Toéaual
Miscellaneous Stock Exchange
Wilson W. Fay & Co
Boston Land
Edison Phon
Toy
Ceenes
Beacon Electric
Lhomson-Houston
Volalora Ork Water Works Co
York, Neb
Aunes Me
Lieropenisaten RR
Vermont
Retroit
Lansing & Northern RR
Armers’ Loan and Trust Co
Salmon Falls Mfg. Co
Cocheco Mfg. Co
Quincy Railroad Bridge Co
Arlington Mills
Metropolitan Natl. Bank
Manufacturers
Nat. Bank
Nat. Webster Bank
Nat. Exchange Bank
Amory Mfg. Co
Lowell Mfg
Hamilton Woollen Co
Lowell Mfg. Co
A Central RR
Pouting St. By. Co
Bente
Lincoln & Northwestern RR
Atchion & Nebraska RR
Sioux City & Pacific RR
Cabot Co
Atlantic Cotton Ila
Gilman Cash Ky
Gt. Falls Miz, Co
McKay & Bigelow Heeling
McKay Metallic Fastening Association
Border City Mfg. Co
All River
Sagamore Mills
Howard National Bank
Eagle Bank
Natisank of Commerce
Asiatic N. Bank
Commonwealth Ave. Land Co
Union Colton Mfg. Co
Grand Trunk RR
Brunswick & Chillicothe RR
Cedar Rapids & Mo. River RR
Boston Athletic Asso
Merchants
N. Jiank
Nashua & Lowell Rr, Co
M. Hide and Leather Bank
Sugar Refineries Co
Boston & Montana Consolidated Mining Co
Union Pacific Railway Co
Crown Liquid Coffee Co
Boston & Albany RR. Co
de Hoston & Lowell RR. Co
National Bank of Commerce
F. Ivss
Atlantic
Bonanza Devel
T. Sete
Mont
Butte & Boston
Cal
Hoola
Kearsarge
Tamarack
Aspinwall
Cuseess
Boothbay
Seteedeb
Loston
Pete
Boylaton Street
Bay
Dravotio
Os Newport
Lamoine
Payson
Penobscot
San Diego
Sulingi
Topeka
Eneessa
Wollaston
Atchison Istes
Coll
Billy
Renee
L. G
Do Inc
Peervenve
Boy
Kan
le Con
Elk Il
K. U
K M. Cy S Ki & BB
Vo ” S Ete & Gey Ke
kOe
Lai & St. L. Lin
Central
Nor. Pac
P. D.O
Leia
L. C. Con
Pueb. & A. V
Rutland
Southern
Kan. Sa
Sevora Ts
St. Jo & G
F. Ss
Wis. Cen
Cal. Southern
Piaget
Creseeersees
Cc P
T&s
F Col Trust
Atlantic & i Cats the CO
Seeeree Caer
Conn
RIVEP
Pedseeerse
O Inc
Col Sp. & Cin
Serene Dati
Vt Bs
Eeere
M&h
Flint & V. M
Weiz K.C. Pe
Gulf
L&c
Ol & Sp
Enews
I. O. Or & Meese
Erle Telephone
L. K
Fee . Eee
Leeseee Senee
E. & St Leee
Lamson S S.seersereee
Maine Center
Brookline Land
Sullivan Harbor Land
W&n.bee
Weat End Laneae
Jonanza
Bos & Mont Min
Conpet
Old Colony
Cal & Ec
Eveeaee Sons
Eee
Wis
West End
Flint & Vere Mar
NY & NE
BOM
Ccc
Gig Tropical
Pullman Palace Car Co
Summit Franch
SEC
Pheumatic Tool Co
West End Bypta
Cotton Oil Trust
Wis Cent
Chi, Boston & Liverpool Co
Phonograph Toyotes
S F Col Trast
Lyon Gas & Liec. Co
Lyon & Boston RR
Cal So
Malden Elec. Co
Ts C
B& N
West
Desert & Bar Harbor
Rolling Mill
K&w
Sugar Reifineries Co
Thomson-Houston
Detroit
Lans & No
Pidiey Iss
Do Trust
Wei We
Marg
Ho & Ont
Thomson Elec
Mex Cent Inc
Ae Westinghouse Elec
Cores _o
Winnisimmer Company
Ny&n &K
Og &L Raecon
de Inc
Boston WP
Bonanza Mining
Atlantis Mining
Cal & Hoc
Reeens LB & Mont
Franklin
Quincy
A.ta&s
Bembes Ders
Ny&n
Cotton of
St. Nee
Eal
Alt
T. HH
At. & Pacific
Air L
Roch
C. RR
Canton
Central Iowa
Central Pacific
A . Ches
Ohio
Alton
Lou
St. L C
Be & Q
W P
Cley. & Col
Vret
del. & L
den. & R. Geeeeeses
Erie
Fort Wayne
Weil
Hocking Val
Houston & Texas
Lane
Tex
Long Island
Nash
Louis
Man. Beach
St. i
Pacific
M. & Essex
Tees Aye
Nash, & Chat
N.J. Cent
W& W
Lothy
N. Y. Cent
N.Y. C
An. E
N. Y
Ghio & Miss
Oregon Nav
Oregon S. Line
Ily Re
Ing
Laland
Goss St
L. E
Oregon Jin
Boi Pacific Mail
Palman Pal
American Oil
O. W. Union
Cameron Coal
Eevee Phila
Gokee
Manay
Ae N.W
Can. P
St. L
St. P. Viet Sl
Deu
I. Mut
Vnion
Tr. Res. Ae
Nw Cc
Tex. P. N
U. Pac
N. W
W. Shore
Alta
Aspen
Ontario
Jullion Re
Phir
Ulub Cece Col. Co Oe
Potosi
Quicksilver
Ais
el Cristo
Exchequer Ve
S . Avea
Hale & Nor
Sullivan Con
Union
the United Copper
Hornoilver
NEW York Financial
California
Cess
Best & Belcher
L. Tbi
Savage
Sierra Nevada
Con. Cal
Union Con
Utah
Gould & Curry
Yellow Jackets
Hale & Norcross
Nevada
Belle Isle
Seecesccoee
Foreign Financial Markets
Paris
John Munroe & CO
Devens, Lyman & CO
Brown Bros. & CO
State Street
Gro. E. Butuaro
Louis Curtis
Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrinew
H. M. Bates & Walley
Devonshire Street
Stedman & Kellogg
Congress St
Moston
John Jeffries & Sons
James F.C. Hyde
Milk St
Ana
J. French & Son
Washington Street