Money Market Holds Steady Amid Mixed Bond Activity
The Boston money market remains unchanged with call loans at 5 to 6 percent and time loans 1 4 to 6 percent. Exchange figures show New York funds at 12 to 16 cents per $1000 discount, with rail and bond activity led by Atchison, Mexican Central, and various union Pacific related notes. Quarterly earnings and dividends are noted in several lines, including a 2 percent dividend declared by Fall River Machine Company.
MENTIONED IN THIS ARTICLE
Fall River Machine Company
New York Financial Stock and Bond Market May 5 Report
Money on call eased from 8 1 4 to 5 percent with last loan at 4 and close at 4 4. The market was quiet after 2 15 but firm near day’s best. Reading and New England led a broad advance with Fort Worth & Denver showing strength. Rock Island & Pacific declined 14 percent before recovering. Railroad bonds were active with Erie, Detroit, Mackinack & Marquette land grants and other issues contributing to $2,326,000 in total trading. Numerous issues rose or fell in narrow ranges, with mixed gains in grangers and various firsts and incomes. Today's NY stock sales totaled 200,377 shares with multiple securities listed by opening, high, low, and close.
MENTIONED IN THIS ARTICLE
Boston
New York
Randolph
Mass
Adams, Blodget & Co
Yestery
Burlington & Quincy
Atchison
Atchinson
Atchison Stockholders
Topeka
Kan
California Southern
Chicago
Burlington & Quincey
Union Pacific
Wright
Northern Pacific Road
Northern Pacific
Oregon
Northern Pacific Comany
Portland
Tacoma
Butte
Oregon Navigation Company
Cascade Division
Atlantic & Pacific
Louisville
Evansville & St. Louis
Louisville & Evansville
Chicago, Kansas & Western
Southern Kansases
Chicago & West Michigan
Detroit, Lansing & Northern
Boston & Providence
Boston & Maine
Lowell
Manchester & Lawrence
Fitchburg
Central Massachusetts
Heston & Albany
Boston& Albany
Prime Mercantile
Sterling Exchange
Reading
Rock Island & Pacific
The
Stock Exchange
New England
Fort Worth & Denver
Rock Island
Anata
Grangers
Fort Worth
Erie
Detroit, Mackinack & Marquette
Shenandoah Valley Generals
Green Bay
Keokuk & Des Moines
Jersey Central
Denver & South Fork
Indium
Bloomington & Western
New Jersey Midland
James River Valley
Manitoba
Wabash
Great Western
Indianapolis
Decatur & Springfield
Ohio Southern
South Carolina
Chicago & East Illinois
Central Iowa
Boston Stock Exchange
Ev& St
Boston Laines
Frenchman's Bay
Maverick Li
T&sf
Ny&ne
M. A
T&s
B& N Bs
Ee KO
Sp&m Oa
Ee L
Ev & St
GOSS
Cs Cvesace
Og & L. Cine
Do Inc
Bell Tel
Sea
Weenews Orl
New Eng
Eastman OH
Bonanza
Cal & Nee
Franklin
Cal
B&m
Eee
Denver & RG Do
Fitehbur
Gerret
Sostaan
Ae Rae
Man & Law
Sean Vo
Nys NE
Old Col
Pullman As
Rutland
Ptd
Senna AB Summit Br
Aueidic
Boston la
Campobello
East
Sp & M
Cal & Hee
Boston Land
West End Ld
C.re& Eee
Hburg Pia
T& SF
At & Pac
Am Bell Telsone
Merrimack
Eastman
Lamson
Huron
Trenton
Osceola
Maverick Land
San Diego
West End Land
A&p
B&l
A. C&ek
Ev & St L
Pac
Air L
B.C.R.& Neae
Iowa
Central Pac
Ches
Olio. Sewer
Alton
del. & L
den. & RG
East Tenn
Parbeert
Ill
Central
L. E
W Staeer
Lake Shore
Long Island
Lou. & N
Lou
Man
Eiev
Bou
OL ‘ M
la S. Ae i. Tees
USL
Pad
Mas & St. L
Ules Vauilic
Ohio
Seseneve Lang M
Essex
Nash
Chat
J. Cent
Pacifiv
N. Y
N. K
Oregon Trans
St. Paul
Bro
St. T M&m
St. T
A. Ivke
Texas
Utica & B.ool el
Bobs Land
Seepee
Pacific Mail
Watson
H.G
W. Sts
P&p
Ae P. Isis
Gebahar
Ni Pac
Lsts
Ists
LLO
Adams
Wi Oils Fargo
American
Leh Quicks
Amador
Salitinge
el Cristo Standard
Foreign Markets in London See Mixed Rates and Reserve Drop
May 5 London markets report mixed bond quotes with US four and twelve percent notes listed. Bank of England bullion fell by £575,000 in the week, reducing reserve to liability ratio from 50.90 to 48.28 percent as of 4 p.m.
MENTIONED IN THIS ARTICLE
London
United States
St. Paul Common
New York Central
Pennsylvania
Bank of England
Horsford's Acid Phosphate The Genuine Wrapper Warning
Advertises Horsford's Acid Phosphate warning against imitations and counterfeits. Urges buyers to ensure the wrapper reads Horsford's to guarantee authenticity and prevent fake products from being sold.
MENTIONED IN THIS ARTICLE
Hoorsford
Horsford
Michigan Central 1886 Annual Report Summary
The Michigan Central Railway’s 1886 report shows gross earnings of 12,295,827, up from 10,707,894 in 1885, with freight and passenger earnings rising 14.95 percent and 16.08 percent respectively. Operating expenses were 8,146,391 and taxes 258,288, leaving a 4.86 percent rise in expenses, while gross earnings grew 14,883 percent. The company invested in steel, ties, ballast, track upgrades, fencing, and station maintenance. a Grand River Valley mortgage premium of 191,250 will fund a double track between Porter and Kensington. Total funded debt stands at 16,976,000 with interest charges 50,000 per year lower than the prior year.
MENTIONED IN THIS ARTICLE
Michigan Central Railway System
Grand River Valley
Porter
Kensington
Eastern trunk lines sued over commission privileges
The Chicago News reports the Chicago and Alton and Rock Island railroads will sue to force the Eastern trunk lines to pay commissions to ticket agents, contending discrimination compared with Burlington, Northwestern and St. Paul lines. General solicitors have prepared test cases and will seek court injunctions.
MENTIONED IN THIS ARTICLE
St. Paul
Chicago News
Chicago & Alton
Rock Island
Burlington
Northwestern
Atchison Topeka Santa Fe elects new officers and directors
Torrka Kan May 5 At the annual meeting of the Atchison Topeka Santa Fe railroad directors and officers were elected with B P Cheney as chairman W B Strong as president and W Smith as first vice president and chief engineer Other officers include G L Goodwin secretary and treasurer Geo Peck general solicitor George W McCrary general counsel and J P Whitehead controller along with several named directors This mirrors nearly the same slate chosen by the Southern Kansas railway shareholders.
MENTIONED IN THIS ARTICLE
Atchison
Torrka
Kan
Atchison, Topeka & Santa Fe Railroad
B. P. Cheney
W. B. Strong
I. T. Burr
C. R. Codman
Barnstable
Mass
A.W. Nickerson
Warren Sawyer
George O. Shattuck
Alden Speare
W. F. Wharton
George 8. Ealey
Galveston
Tex
Kansas City
J. F. Goddard
Topeka
J. P. Whitehead
H. C. Clements
A. A. Glasier
CO. A. Higgins
Southern Kansas Railway
Revenue figures and rail interests drive 1886 earnings and industry moves
The Oregon Improvement Company reports March earnings totaling 74152 with Pacific Coast Steamship 40339, Pacific Coast Railroad 5281, and other departments 28531. Separately, Porter’s syndicate paid 8 million for Iron Range lands, Baldwin Jr. becomes Union Pacific Montana agent, and rail finance moves include foreclosures on Chicago & Alton bonds, Richmond & Danville taking East Tennessee lines, St Paul aligning with other trunk lines, Fort Worth & Denver price pressures, and Rock Island system expansion with Minneapolis & St Louis joining. New Baltimore & Ohio admission talks set West rates equal to others under joint committee rules. Continuous notes on trunk line commissions and system consolidations mark industry activity.
MENTIONED IN THIS ARTICLE
Oregon Improvement Company
Pacific Coast Steamship Company
Pacific Coast Railroad Company
H. A. Porter
Iron Range Railroad
William H. Baldwin, Jr
Union Pacific Railroad
Montana
Butte City
Mont
Kiernan
Chicago & Alton
Richmond & Danville Railroad Company
East Tennessee, Virginia & Georgia Railroad
East Tennessee
St. Paul
Chicago
Burlinton & Quincy
Fort Worth
Denver
Rock Island
Atchison
Minneapolis & St. Louis
Trunk Line
Joint Committee
New York
Baltimore& Ohio
Baltimore & Ohio
New York, Ontario & Western
Baltimore & Ohio Western Connection
Elaine as a Comic Opera Confronts a Troubled Path
The narrator recounts a failed attempt to adapt Elaine by Tennyson into a comic opera. Tap ioca, an eager impresario, urged a humorous treatment resembling Deseret. The aging plan encountered resistance as Elaine’s grave character and tragedy argued against lighthearted ridicule. The idea was abandoned.
MENTIONED IN THIS ARTICLE
Ellen
Elen
Tennyson
Elaine
Evangeline
Dlaine
Martha Washington
Tapioca
Commercial prices and market notes in steady trade
Market bulletin shows leather improving while hides dull boots and shoes active. Grains and cereals mostly firm with oats and rye quiet, flour and corn steady, butter and cheese firm, eggs lower. Live cattle and provisions steady to firm, prices for flour and cornmeal listed. several futures quotes and regional price ranges included.
Leather and Hides Market Faces Broad Shifts in Demand
Leather and hides market shows weakness in rough leather and dull demand for Western hides, with sole leather and buff leather holding firmer prices. Notable activity centers on sole leather prices across hemlock and union grades, while finished calfskins improve though many sales carry concessions. imports show light export demand and regional disparities in Western and New England supplies.
MENTIONED IN THIS ARTICLE
New England
Brighton
West
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
Boots and Shoes Market Outlook for Fall Demand
The fall boot trade remains robust with strong orders from buyers and ample factory work in Worcester county. Demand is steady across wax kip, calf boots, and women’s lines, though delivery times lengthen slightly and some regions face lighter demand due to drought. Shipments for the past week total 47,165 cases, with yearly totals approaching 911,048 cases since January 1.
MENTIONED IN THIS ARTICLE
Worcester County
Lynn
Haverhill
Oxford
Market Reports May 5 Flour Market Steady Quiet
The flour market holds steady with quiet trade. Winter wheats stay firm with few advances. Corn tightens and pricing firm. Steamer yellow elevators move at 53 to 54 1/2 cents, steamer mixed at 53 cents. Oats steady with moderate business, fancy barley oats at 48 cents, No 2 white oats 40 to 44 1/2 cents on track and in elevators. Prices quoted include 225 2 30 per barrel and 99 per bushel, with June oats sale at 2 700 bushels. Call bids show No 2 white oats around 38 1/2 to 39 1/4 cents. Inspections total 22 cars across several wheat categories.
MENTIONED IN THIS ARTICLE
Chicago
Bakers
Michigan
York
Canad Superior
Canada
New York
Canada Western
Eastern
Butter Market Mixed as Supplies and Prices Vary Across Cities
The butter market shows quiet to mixed trading with light receipts and varied bids across regions. Western creamery extra, 28¢ bid. Philadelphia and New York steady. Cincinnati and Chicago mixed with slight declines. eggs and beans prices reported with broad fluctuations. cheese and tallow also move within narrow ranges.
MENTIONED IN THIS ARTICLE
Western Creamery Extra
Franklin County
St. Louis
Philadelphia
New York
Eastern Creamery
Western Creamery
Cincinnati
Chicago
Elgin Creamery
Liverpool
Indiana
Ohio
Michigan
St Louis
Florida
Western
Eastern
Vermont
Nova Scotia
Westae
Timothy
North
Bush
West
Jersey
Aroostook
Hebrons
Northern
Burbanks
Maine
Houston
Prince Edward Island
New Brunswick
Provisions Steady Demand in Pork Market and Mixed Beef Prices
The pork market shows no change with fair demand and steady prices. Lard remains quiet and unchanged while fresh beef demand is steady but prices ease slightly. Receipts are light with a fair supply of mutton and steady prices. veals are plentiful and markets quiet. Spring lambs have fair supply. mixed listing details for July through September and various pork and lard prices are noted.
MENTIONED IN THIS ARTICLE
Chicago
Gia Bec
Also Mentioned on This Page
New York & New Haven
Bostwick
West End
State House
East Boston
Maverick
East End
Frenchman’s Bay
Bill Calumet & Hecla
Whitney
Europe
Quincy
Kidder, Peabody & CO
Devonshire St
Boston, Mass
Nassau St
Messrs
Baring Brothers & Co
California
British Provinces
Lynn& Boston Railroad Company
Basset, Whitney & Co
Devonshire Street
Iowa Water Co
Water Works
C. H. Venner & CO
Congress Street
State Street
Memphis
Birmingham
Chicago, Kansas & Western RR
Chicago, Burlington & Northern RR
Northern Pacific RR
F. C. Prince & CO
Gould, Hall & Mills
GEO
Gould
HS. C. Hall
WM. N. Mills
Boston Stock Eexchange
New England Mortgage Security Co
Mile Street
Brewster
NEW York Financial
Am Bell Telephone
Wisconsin Central
Boston & Albany
Eenee Hoston & Muaine
Linois
San
Cleveland
Flint
Pere Bieta
Iowa Falls
City
Ao KO
Mary, Hough & Mne
New
Calumet & Hecliv
Essevees
Catal Sear
Ironton
Quincey
Wilson W. Fay & Cow
Gray's Dynamo
Lord Acoustic
Honerine
Boeetts Nee
Stormont
Crescent
N. E
Foreign Financial Markets
Railroad Matters
Michigan Central Report
LW. A. Croffut
Washington Post
Lathrop
Come Opera
Deseret
Dudley Buck
Tapioa
Jen
San Francisco
Cali
Alta
Bulwer
Eencert
Best & Belcher
Phil
Crown Point
Sierra Nevada
Eureka
Union
Gould & Curry
Utah
Hale & Norcross
E.ia