Money Market Report of Boston May 7 1887 Valley
The Boston Money Market report shows steady money demand with no major rate change. Loans on call with collateral sit around 4 1 4 to 5 percent, merchant paper 4 to 6 percent, and interbank figures near 5 to 5 8 percent. Clearing house gross exchanges total 16,409,377 with 2,002,908 balances. weekly clearings reach 105,301,512 and 12,178,856 balances. New York funds discount 17 to 25 cents per $1000. The week’s totals mark record clears across most cities, led by Chicago and New York, with strong gains over last year. The New York bank statement shows loans up 4,808,400, deposits up 4,947,800, and a surplus reserve down 2,617,325. Local stock trading is dull with modest declines and modest daily/weekly totals. Atchison and Wisconsin Central show notable activity and dividends. The Bell Telephone wins Wright v. Bell Canada. land and gas stock speculation emerges with plans for large Bay State Gas Company listing.
MENTIONED IN THIS ARTICLE
Boston
Corporation
New York
Sterling Exchange
Boston Post
United States
San Francisco
Baltimore
Norfolk
Galveston
Syracuse
Lowell
Chicago
Omaha
St. Paul
Wichita
Duluth
N. York
Phila
St. Louis
N. O'l'ns
an.O’y
Ville
Maha
Jenver
Etroit
Jewel'd
Memphis
Lartiord
Haven
Portland
Oriolk
O’ater
O’sole
Treasury
Atchison
Flint & Pete Marquette
Burlington & Quincy
Chicago, Burlington & Northern
Union Pacific
Atchison Road
Wisconsin Central
Penokee
Ashland
State Street
New York Mail and Express
Atlantic & Pacific
Auste & Western
Southern Kansas
Sonora
California
New England
Boston & Providence
Boston & Albany
Boston & Maine
Concord
Central Massachusetts
Eastern Preferred
Fitchburg
Ogdensburg & Lake Champlain
Rutland
Quincy
Franklin
Napa
Huron
Dunkin
West End
Legislative Committee
East Boston
Campobello
Frenchman’s Bay
Boylston Street
Bay State Gas Company
Allonez. v
Atlantic
Bia
Bonanza Development
Boston & Montana
Peas
Calumet & Hecla
Franklin Z
Ing Tronion Obi
Osceola
Aspinwall
Atlantic & Pac, Inc
Ik. & West, Inc
L. R
Oregon
Ark. Val
Southern Kan
Wis
Eee
Boston & Alban
Boston & Lowel
Providence
Eastlinois
Iney
Dhidg W. Mich
California Southern
Bite Central of Mass
Coim
Hble Hive
Sand
Cleveland
Cleve
Canton
Sss
Flint
Stonx
Ft. Scott & Gu
It & Rr
Sprin & Memp
L. Rock & Ft. Smith
Lontaville & Evansville
Acacssoesete
Maine Central
H. & Ont
Central
N.Y
New
Eng
Jutland
Boston WP
Campo Ld
Summit Branch
East
Union Pactie
Frenchman's ‘Bay
Wisconsin Centruim
Prem
At&sv
B&m
Bell Telephone
New Kong
B&n
Erte
B&q
Wiman Palace
Vastman I
Merchants
National Bank
Northern Re
Revere National Bank
Boston National Bank OF TK
Fourth National Bank
T&s Fe
Nation Bank
Nat'l Rockland Bank
Roxbury
First National Bank of Portland
Globe National Bank
Manufacturers’ National Bank
M&st
Old Boston
Eanieeny Bank
Eh Hs
KCM& Bobs
Shoe and Leather National Bank
Ae Cine
Exchange National Bank
Shimer Us
National Bank Beet
Ns Sonora
National Bank of Commerce
Koylston National Bank
Naumkeag Steam Cotton Co
Amoskea Manut
Gree Eye
Ain Bell
Manches Y Mills
Eric Tel
Naumkeag Manuf
Washington Mills
Old See
Pacifico Millg
Cabot Maniufacturin
Samson
Treat Falls
Barnum Richardson & Co
Lime
Rock
Everett Mills Son
Emer Ee
Ceeee i
Old Colony
Neeresett T
Metropolitan Hoerr Ween
A & P Peeves
B& Alb
Fitchburg RR
Ynetions
North Chicago Rolling Mills
Eye
Essex Company
Lou
Iro Rolling Mills
Fox
Showalter Mortage
Pacaio
Worcester
Portsmouth
Joay c
K& W
Nor England
Rutland RR
Lou, Tye
Cedar Rapids & Mo. R
Everett National Bank
First National Bank of Seenna
Renchiman’s B. BO
Old Boston National
Flaverick Ld
TOO Hig
West End Ld
Columbian National Bank
TEBE
Old
Boston National i Ne
Bevere National Bank
B.& Pac
Atlantic ¢ National Bank
Tonse & Albeery
Webster National Bank
Bank of Danvers
First National Bank of Ynn
Central National Bank
Lynn
Tae
Ley & Cant
Mass
Atlas National Bank
Foreign Financial Markets Report From London
Atlantic and Great Western firsts 48 percent Canada Pacific 66 1 2 Erie 35 1 4 Erie seconds 106 2 4 Minnots Central 138 percent Mexican ordinary 62 1 2 St Paul common 94 percent New York Central 115 percent Pennsylvania 60 1 2 Reading 3 percent London May 8 no demand for discount past week stock exchange extremely inactive. three months quoted 1 44 and short 4. American railroad securities firm with slight uptick in investment buying.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canada Pacific
Erie
Minnots Central
St. Paul
New York Central
Pennsylvania
Reading
The
Stock Exchange
American Railroad
Boot and Shoe Buyers in Town in Atlanta and Many Cities
A sweeping list shows numerous boot and shoe buyers and agents across the nation, including Grambling of Grambling Spalding & Co in Atlanta, Draper of Draper Moore & Co in Ga, Mullen Jr. of Tucker Smith & Co in Baltimore, and many others in Baltimore, Charleston, Columbus, Chicago, Cincinnati, Detroit, Galveston, Louisville, Minneapolis, Nashville, Norfolk, Ottumwa, Philadelphia, Portland, St Louis, St Joseph, and more, acting as buyers or agents for boot and shoe firms. The items reflect a dense network of regional agents and firms such as Phelps Dodge, Selz Schwab, Butterworth, Kirkland, and many named Co. Firms and individuals are listed by city and firm.
MENTIONED IN THIS ARTICLE
Atlanta
John KR Grambling
Grambling, Spalding & Co
W Draper
Draper, Moore
Baltimore
J Mullen, Jr
Tucker, Smith & Co
M Daniel
Blandorf & Co
A Lawrence
Lawrence, Berry & Co
M Stern
J D Smith
I D
Smith & JO
Burlington
McLaughlin
Selz, Schwab Co
Chicago
Ill
J F Pratt
Bowen & Pratt
Wallace
Wallace & Sloat
M F Prouty
M F Prouty & Co
C Brooks
Brooks Bros. Tre
Cincinnati
Laws
Laws & O
Detroit
Mich
J McLogan
W D Robinson & Co
Evansville
Ind
G L Dixon
Dixon, Mackey & Co Co
Fond du Lac
Wis
Stickney
Galveston
Tex
F Breath
P J Willis & Bro
W Huiskamp
Huiskamp Bros
Louisville
C A Warren
Warren & Co
M J Streng
Bamberger
Streng
G A Owen
J H Sutcliffe
Sutcliffe & Owen
U 8
Leavenworth
Kan
L A Knox
Catlin & Knox
Minneapolis
Minn
B Hefflefinger
North Star Band 8 Co
Am. Meriden
Miss
J Baum, Jr
J Baum & Co
Ottumwa
S G Cushing
Manning, Lawrence & Cushing
Pittsburg
Penn
J RK Crees
Greeg & Elliott
Philadelphia
A. M Belknap
A Shumway & Co
Portland, Ore
F S Aiken
Aiken, Selling & Co
St Joseph
A T Smith
Smith Frazer B & S Co
St Louis
T Gauss
Gauss Boot & Shoe Company
U S. St Louis
H L Tribbe
Mersman & Tribbe
Toledo
J S Rodgers
Dewey, Rodgers & Co
Wheeling
W E Hughes
Vance, Hughes & Co
New York Financial Market Mixed After Late Rally
Money on call remained easy at 4 to 7 percent with last loan at 4 percent. Bonds and stocks showed dull to firm tones with New England weak and Fort Worth & Denver advancing before finishing quiet. A bank statement release triggered a brief weak spell, but the market closed overall steady with few active issues and modest gains in select bonds. William F. Owens notes cautious upside potential if larger operators enter, while New England remains the weak spot.
Real Estate Transfers in Suffolk County Details
A dense record lists transfers across Boston area neighborhoods on April 23 to 28. Entries include Joy street Whitney to Dresser, Pemberton square Bradlee to the city, Walnut avenue Rice to Home for Aged Couples, and many others with prices ranging from $1 to $48,500, plus several mortgages and back transfers.
MENTIONED IN THIS ARTICLE
Joy Street
Albert Whitney
Jacob A. Dresser
William C. Sisiiausen
Joseph R. Churchill
Pemberton Square
Nathaniel J. Bradlee
West One Street
Caroline Mayer
Charles Street
Orlando H. Underhill
Andrew C. Wheelwright
Walnut Avenue
Edward E. Rice
Huntington Avennue
Albion Knowlton
John E. Galvin
Huntington Avenue
Columbus Avenue
Charles H. Cobb
Bery Hurlbert
India Square
J. Morris Meredith
Gertrude Euphemia Meredith
Daraeelsey
Roxgeny
Sarah Parker
Eliza K. Lawson
Maple Street
West Roxpury
John M. Call
John Thorburn
Call Street
Dorchester
Alexander McDonald
Louisa J. Derby
Alexander Avenue
Lebanon Street
Michael Fallon
Elisha W. Lapham
Riverview Avenue
Lorra Boston
Freeborn Adams
Rosanna O'Neil
Mattie M. Cullen
Mystic Street
Evangeline E. T. Simpson
Charlotte A. Leonard
Solomon
Koln
Cedar Street
William W. Webster
Rank E. Day
Lemuel Davenport
Beacon Street
Hilbridge W. Locke
Ephraim Arch
Woodlawn Avenue
John B. Dearborn
William B. Eaton
Pen Street
Christa M. Sherman
Rebecca JH. Christian
Mermaid Stret
John VY. Apthorp
Mortgage filings list April 26 entries for Chelsea and Pearl Street
Wilson H Carter mortgages Chelsea Savings Bank on land and buildings at Washington street Chelsea dated April 26 1700 Harriet Elizabeth Johannot mortgages to William A Prescott on land and building near West Chester park dated April 26 000 George W Hewins as trustee to William Minot mortgages land and trees on Pearl street No 19 southwest side dated April 26 amount 70000 dollars
MENTIONED IN THIS ARTICLE
Wilson H. Carter
Chelsea Savings Bank
Washington Street
Chelsea
Harriet Elizabeth Johannot
William A. Prescott
West Chester Park
George W. Hewins
William Minot
Pearl Street
Commercial Market Report Notes Broad Stability
Dry goods are quiet while flour and corn remain firm and oats stay firm with oatmeal quiet. Rye flour steady and trade light, rye and barley quiet, malt steady, millfeeds firm. Butter cheese eggs beans potatoes hay straw grass seeds truck demand fair. Tallow provisions fresh beef sugar molasses steady with no changes noted in poultry and apples.
Dry Goods Market Shows Quiet Trade Across Cloth Types
Market reports a quiet dry goods scene with small hand stocks and modest inquiries for cotton channels brown cottons and bleached cottons. Providence print cloths firming slightly, Fall River weekly stats show production and stock levels, while fabrics like cassimeres and worsted remain weak or quiet. overall high inventory and subdued demand across textiles.
MENTIONED IN THIS ARTICLE
Providence
Fall River
Crop reports show Ohio wheat at 28.4 million bushels in 1887
State agriculture board reports 1886 wheat at 40.57 million bushels and 1887 prospect at 28.4 million, about 30 percent below fair average. Many counties report below 65 percent condition, few above 90. Barley 75 percent, rye 80, oats area 100, condition 102.3. Missouri April report shows wheat 97, oats area 103, meadows 0.23, spring work ahead, peaches 78, apples 88, pastures backward, stock thin but healthy.
MENTIONED IN THIS ARTICLE
State Board of Agriculture
Ohio
J. W. Sanborn
Missour Board of Agriculture
Market Reports May 7 Wheat and Flour Prices Firm
The flour market remains very firm driven by a strong Western wheat market with prices likely to advance if wheat holds. Corn stays firm though demand is quiet and stocks are light. Oats show activity with May and June loads selling. bids and asks for various oat and corn grades are listed, while inspections note several carloads of different wheats and oats, including No 2 white winter wheat and mixed oats.
MENTIONED IN THIS ARTICLE
West
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Hiladelpha
Louis
Cisco
Éltimore
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Ittsburg
Kansas City
Jeveland
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Nis
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Devonshire St
Boston, Mass
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C. H. Venner & CO
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Northern Pacific RR
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John Pratt
New England Mortgage Securitee
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C.K
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M&b
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Shore
Te L
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Boston Atheneum
Sena Mae Lamson
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Uae
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el Cristo
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Chicago & Southwestern
Bay
Wilson W. Fay & Co
State
Om Ming
T&s F
Cdivee Ee
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Eestor
Jes Rusesson
Ny&ne
Ing
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Air
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del. & L
den. & R.G
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