Boston Money Market Gentle. Stocks Volatile at Close
The Boston money market is quiet with double-name paper 4 to 5 percent and manufacturing paper at 4 percent. Clearing balances show bank loans at 3 percent while New York funds trade around 12 percent. The Boston Stock Exchange schedules early Saturday closings as Atchison reports April earnings ahead of last year. San Diego opens up two points but fails to hold gains amid a wide market swing.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterling Exchange
Boston Stock Exchange
New York Board
Atchison
Atlantic & Pacific
Chicago
Pacific Coast
Burlington & Northern
Northwestern Freight Bureau
Northwestern
St. Paul
Wisconsin Central
Manitoba
Atchison and
Cleveland
Canton
Cleveland & Canton
Mexican Central
Wade
Mexico
Guadalajara
Europe
el Paso
Sonora 7S
Ogdensburg & Lake Champain
New York & New England
Kiernan
Herman Clark
Boston & Maine
Massachusetts
Boston & Lowell
Old Colony
Exchange
West End
State House
San Diego
Water Power stocks show strength as market eyes further gains
The market notes Water Power rising 18 to 124 percent and contemplates breaking it to 12 or lower. Traders favoring short interest imagine a squeeze while Topeka Land and Development has half its stock already applied for. The Journal also cites San Diego Land’s East success prompting Pacific Coast firms to target the market here. The Lord Acoustic Telephone Manufacturing Co plans a Boston listing with 250000 capital, 50000 shares at par five dollars. President Woodward W. Emery leads, with trades seen around 175 to 200 cents and a $2 to $3 opening on the exchange.
MENTIONED IN THIS ARTICLE
Topeka Land and Development Company
San Diego
San Joaquin
International Company
Lower California
Boston
Lord Acoustic Telephone Manufacturing Company
Boston Stock Exchange
Bell
Woodward W. Emery
James ©. Elms
James C. Elms
E. O. Childs
Peter W. French
James Harris
A. R. Brown
C. E. Wentworth
M & Birmi
Sonora
Ee Bell Tel
Erie Tel
Eng
Weewee
Bonanza Sane
Cal & Hec
Franklin
Quincy
Boston Land
Brookline Land
Maverick Ld
Wollaston Land
West End
Weeee
A.t&sf
A& Pac
B& Alib
BO E B&em
C.B& Q
Cin, San
Conn & Pass
B& PM
Ween
Fitchburg
Ae Koc
Rp&m
At & Pac
L, Ey & St Gs
Eastman
Ly Ee Bonanza
Cai & Hec
Boston Ld
Boston W P
Ben
B&q Cley & Cant
Ny&ne
E & St L
Ae Eastman C H Co
Sly N Tel
Ae Donkin Mining
Ave
E Boston W P
Campobello Ld
Gly
Frenchman's Law
Maverick Li
West End Land
Wollaston
A, T&s Fe
B&l
B&m
Ae &Cc
B&q
C&w
NY M Eee
E Northern
Pullman Palsae
Rutland
Union Pacific
Wis Cent
Air L. Oc
No. Iol
Central Pac
Ches
Ohio
Col
Col. &H.V
del. & H
del. & L
den. & G
Erie
East Tenn
Fort Wayn
Houston & T Ex
Lou
Man
Mem
I ‘H
Gan Biel
Central
Daves Coe
Oss
Nash
Chatserene
N. J. Cent
Pacific
ORR
Olio & Miss
Ont
West
Oregon
Pittsburd
Dan
Rock A
I St. L
Eer Eeeage
Sien JA
St. Es & C
Texas Pacific
Atlantic
Utica
St. Luke
Aig
Calumet
Ironton Ty
Osceola Eee AG
Oregon Lin
Pacific Mail
Tamarack Pullman Pal
TTS
Ie Land Comaytt
W. Union
Aspinwall
Ares
Brooklineél
Esascecs East Boston Land Co
BONDS
Maverick
R.G
Atchison Rye Sae
Atlantic & Pacific
Ite
Atlantic & Pac. Inc
Cal. Senter Inc
Oa An
Tava
Tex. I . Easter
Tex. Pex
L. K
Ft. Smith
U. Pac
W. Shore
Ial Adams
Amador
Belle Isle
Odie
Teres
Ontario
Oh Og. & L. Chem
Brunswick
Ita! Ophir
Seer Pend. & & Ark
Val
K.D. Co
Ilcksilver Oes Ag Ralland
Fs. Ey
Col. Coal
Santia
Seourl R
Stanislaus
Tenn.c
Ianet iv
Atlantic & Pacific S
Boston & Albany
Boston & Maine
Boston & Provil Lenge
Chi
East
Illinois
Bur. & Northern
California Southern
Buu
Mass
Sand
Cleveland
Dividends Declared by Wamsutta Mills and American Express
The Wamsutta Mills Corporation of New Bedford declares a dividend of 3 dollars per share. The American Express Company declares a dividend of 3 dollars per share payable June 1.
MENTIONED IN THIS ARTICLE
Wamsutta Mills Corporation
New Bedford
American Express Company
New York Stock Sales May 19 Reported Totals
Today's transactions total 350 062 shares with a mix of U S and international issues. Prices for Consols United States bonds Atlantic & Great Western firsts Canadian Pacific Erie and Illinois Central appear among others with varied quot. Read line ends with a trailing fragment indicating incomplete data.
MENTIONED IN THIS ARTICLE
New York
London
United States
Erie
St. Paul
New York Central
Pennsylvania
New York Financial Market Faces Broad Decline Amid Active Trading
Money on call eased then firmed with 4 1/4 last loan and 4 offered. Government bonds dull. railroad bonds active but uneven. Stocks opened firm, soon slid with Western Union leading losses. overall day ended weak near day’s lows as late rally faded. notable gains and losses listed for Atlantic & Pacific, West Shore, Erie, St Paul, Denver & South Park and others.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
New England
Western Union
St. Paul
Atlantic & Pacific
West Shore
Erie
Denver & South Park
Oregon Improvement
Kansas City & Northern Real Estate
Colorado Coal
Keokuk & Des Moines Firsts
St. Vant
South Minnesota
Houston & Texas General
International Firsts
New York City & Northern Receipts
Atlantic & Pacific Railroad Annual Meeting Adopts Bond Issue
At the Atlantic and Pacific Railroad Company annual meeting in this city 513,046 of 748,108 shares were represented. President H C Nutt presided as directors were ratified and 518,040 votes supported a resolution authorizing the issue of up to 20,000,000 in Guaranteed Trust Gold Bonds and ratifying related traffic agreements with Atchison Topeka Santa Fe and St Louis San Francisco. New director C Burr replaces I T Burr on the board.
MENTIONED IN THIS ARTICLE
Atlantic & Pacific
Atlantic & Pacific Railroad Company
H. C. Nutt
Levi C. Wade
Atchison, Topeka & Santa Fe Railroad Company
St. Louis & San Francisco Railway Company
Mercantile Trust Company
Edward F. Winslow
Jesse Seligman
C. P. Huntington
William F. Buckley
Walter L. Frost
Bryce Gray
William Strong
C. ©. Burr
B P. Cheney
A. W. Nickerson
George O. Shattuck
Levi G. Wade
C. Burr
I. T. Burr
Connecticut Central Board Votes Down Equity Sale
At the Connecticut Central rail road annual meeting Judge Calhoun blocked the New England road from voting on selling the equity of redemption of the $825,000 mortgage. Henry L. Goodwin represented about 1500 shares to obtain the injunction. Directors elected: Daniel D. Warren, Russell L. Wheeler, Edward Pricket, C. C. Kimball, David Gordon, T. M. Maltby, W. S. Calvin, H. P. Stedman, J. H. Thompson, John Middleton. Warren named president, Wheeler vice president, Maltby secretary.
MENTIONED IN THIS ARTICLE
Hartford
Connecticut Central Railroad
New England
Calhoun
Court of Common Pleas
Central
Henry L. Goodwin
Daniel D. Warren
Russell L. Wheeler
Edward Pricket
C. C. Kimball
David Gordon
T. M. Maltby
W. S. Calvin
E. Baldwin
H. P. Stedman
J. H. Thompson
John Middleton
D. D. Warren
R. L. Wheeler
Atchison Movements in California Signal Rail Split
Dismissal of Southern Pacific suit to condemn the old Texas Pacific right of way into San Diego suggests SP will not build into San Diego soon. A tacit division of California between Atchison, Topeka & Santa Fe and SP limits north and south expansion for three years. Tracklaying on the Riverside Santa Ana Los Angeles branch advances, with a June 15 Santa Ana target and possible extension to Los Angeles via Buena Park and Fulton Wells.
MENTIONED IN THIS ARTICLE
Atchison
California
Southern Pacific
Texas Pacific
San Diego
Yuma
Ensenader
Riverside, Santa Ana
Los Angeles
Atchison, Topeka & Santa Fe
Santa Ana
Buena Park
Fulton Wells
Commission circulates fifty eight railroad inquiry questions
New York May 19 The commission investigating railroads aided by the United States has circulated fifty eight questions to leading business men and shippers to clarify its inquiry into organization construction and operation of the roads. The circular invites information from any who can aid the inquiry and explains its scope. The sugar trade to the West is heating with a Canadian Pacific shipment of eight million pounds plus two million last week from San Francisco.
MENTIONED IN THIS ARTICLE
New York
United States
Congress
Canadian Pacific
Canadian Pacific Railroad Company
San Francisco
John D. Spreckels
California
Hawaii
Spreckels
Rail and railway notes from the Atlantic seaboard
Notices cover stock issues and foreclosures on railroads including Western Union, Buffalo and Philadelphia lines, and Warren and Franklin bondholders. June sale dates, timetables, and new route assessments appear for Maine Central White Mountain line, Upper Cool railroad, and Boston and Quebec Air Line survey progress. Resignations and director elections noted for Manchester and Keene railroad.
MENTIONED IN THIS ARTICLE
Walter Aiken
Mt. Washington Railroad
Bermuda
J. ©. Reiff
Western Union
Buffalo, New York & Philadelphia Railroad
Warren and Franklin
Maine Central Road
White Mountain
Upper Cool Railroad
Colebrook
North Stratford
Sherburne R. Merrill
Manchester & Keene Railroad
W. W. Bailey
Mel- Ten
John H. Buttrick
Benjamin Hinckley
J. C.moore
George Clough
B. F. Kendrick
J. W. Fellows
Skowhegan
Boston & Quebec Air Line
Forks
Solon
Bingham
Wabash Purchasing Committee
Chicago
J. C. Clarke
Presi
Rail line operations and mileage across major systems in 1887
The report lists miles operated for Detroit Lansing & Northern, St. Louis Arkansas & Texas, Milwaukee & Northern, Louisville & Nashville, St Louis & San Francisco, Chicago Milwaukee & St Paul, Canadian Pacific, Cincinnati Hamilton & Dayton, and Norfolk & Western. It details second week May, two weeks May, and Jan 1 to May 14 figures including operating miles and revenue amounts, highlighting increases and decreases from 1886.
MENTIONED IN THIS ARTICLE
Detroit
Lansing
Milwaukee & Northern
Miles
Louisville & Nashville
BT. Louis
San Francisco
Chicago
Milwaukee & ST. Paul
Canadian Pacific
Cincinnati
Hamilton & Dayton
Serare
Norfolk & Western
Real Estate Transfers Across Boston May 9
Lists transfers across Roxbury Allston Brighton East Boston Revere and Dorchester with buyers sellers and mortgage details. Entries include Fanny Hulbert to Michael C Shields on Regentee Street and Silas Merrill to George Robinson on Massachusetts Avenue plus several May 9 deeds and mortgages to banks and individuals.
MENTIONED IN THIS ARTICLE
Common Street
William J. Hall
Marks Berwin
St. Botolph Street
Henry Chadwick Et al
Rachel Harris
North End Savings Bank
Spring Street
Otis H. Weld
Porter N. Bliss
McLean Street
Jacob Berwin
Thomas C. Riley
Mt. Hope Cemetery
City of Boston
Scots Charitable Society
Chester Street
Andrew G. Brietux
Omens
Travers
Roxbury
Fanny Hulbert
Michael C. Shields
Regentee
Gertrude A. Roghaer
Francis R. Roberts
Parker Street
West Roxpury
Charles J. Page
William
Andrew M. Morton
White
Trenton Streets
Meridian
Eagle Streets
Calvin Swallow
James G. Robertson
Saratoga Street
Revere
Daniel &. Fuller
Abbie E. Hoar
Malden Street
Allston
Silas W. Merrill
George H. Robinson
Massachusetts Avenue
Brighton
William Eaton
Joseph Hubbard
Howard Place
Mortgage Notices From Boston Area on May 9
Mortgage records show numerous land and buildings loans across Boston and suburbs dated May 9. Notable entries include William H Handy to Benjamin Fitch in West Roxbury for 2000 and Charles F Adams to New England Trust Company for 60000 on Commonwealth Avenue. Additional loans cover Southie N Street, Brighton Street, Huntington Avenue, Old Harbor Street, Marlboro Street, Chaucer Street, Holyoke Street, Montrose Avenue, Richfield Street, and Arlington Street with values from 4000 to 60000.
MENTIONED IN THIS ARTICLE
William H. Handy
Benjamin Fitch
Five Park Avenue
West Roxbury
Charles F. Adams Et al
New England Trust Company
Ammonwealth Avenue
James R. McLellan
Union Institution For Savings
Woneny
N Street
Boston
George Abbott
William Minot
Brighton Street
Thomas J. Waldron
Workingmen’s Cooperative Bank
Boston Street
Oramander H. Drieko Et al
Essex Savings Bank
Huntington Avenue
William 2D. Rockwood
Charles Mead
Old Harbor Street
Chaucer Street
East Boston
James Morse
Charles H. Hayden
Holyoke Street
Anna B. Newman
Boston Safe Deposit and Trust Company
Montrose Avenue
Roxbury
John 8. D'Arcy
John A. Bowen
Richfield Street
Dorchester
Josiah F. Prescott
Benjamin Franklin Savings Bank
Arlington Street
Boots and Shoes Trade Activity and Outlook In Worcester County
Boots and shoes trade shows mixed demand with busy factories and large orders for fall delivery. Calf line orders are filled. high cost shoes and immediate delivery demand are stronger. Labor tensions, arbitration delays, and rising rubber prices shape shipments and future production.
MENTIONED IN THIS ARTICLE
Worcester County
Brockton
Lynn
Knights of Labor
Haverhill
Leather and Hides Market Report Active Yet Steady Prices
The leather market shows steady prices with good supply and fair demand across categories. Buff leather glazed kids and rough leather give mixed signals while finished calfskins and sole leather show steady activity. hides and skins vary by type with general quiet tone in some areas.
MENTIONED IN THIS ARTICLE
New England
Also Mentioned on This Page
Kidder, Peabody & CO
Devonshire St
Boston, Mass
Nassau St
Messrs
Baring Brothers & Co
British Provinces
Philadelphia
Basset, Whitney & Co
Bankers & Brokers
Devonshire Street
The
Iowa Water Co
Water Works
H. Venner & CO
Congress Street
F. H. Pringe & CO
Milk Street
J. ¥. F. Brewster
Poston
Brokers’ Board
Hickest
T& SF
C, K & W Inc
Cen Inc
Campobello
Frenchman’s
San Diego Li
A.t&s EB
Eterna
Foreign Financial Markets
Railroad Companies—Co Cleve
Flint
Iowa Falls & Sioux
Kane Smith
Bousville & Evanaville
Wepenels Conse
M. Bell Telephone
Erie Telephone
Lamson Store Serv. Co
Pullman Palace Car
Eastman F’t
Wilson W. Fay & Co
State Street
Ehewne
Boston Water Power
Cin
St. Lon
Crescent Peer
Lord
NEW York Financial
Land Grant Railroads
Employers’ Liability Assurance Corporation, LI OF
Trustees For
Oliver W. Peabody
Chauncey M. Depew
Esaq
N. Y
John Lowell
Mas
Endicott & Macomber
Gen’s Managers
Samuel Appleton
New Hampshire
Suffolk County