The Money Market in Boston May 19 1888
Boston money market remains easy with daily clearing lending under $500,000. Rates on call funds range 2 to 5 percent, with collateral loans 2 to 4 percent. New York funds show premiums, and government securities rise. New York bank reserves and specie increase while loans shrink. Clearing-house exchanges and foreign exchange rates noted amid a sluggish stock market and mixed railroad earnings outlook.
MENTIONED IN THIS ARTICLE
Boston
State Street
New York
Chicago
St. Louis
San Ranaseo
New Orleans
Commercia
Bank
Charleston
Savannah
United States
Frances
Reichsmarks
New York Bank
Treasury
New York City
Messrs. Cordley_& Co
Atchison
California Southern Road
Prime Mercantile
Sterling Exchange
Bears
Minne-ha-ha and Lamoine to Serve Bar Harbor Trade
The Minne-ha-ha steamship, overhauled and sent to Lamoine, will carry passengers to Bar Harbor and Frenchman's Bay under Captain 8 P Cousins formerly of the Boston Bangor Steamship Company. The Lamoine will support a land company seeking a wharf and holds Richard Perkins property and remainder of Cousins estate. Water Power and Boston Land updates. stock activity across the region and notes on California developments and San Diego plant plans.
MENTIONED IN THIS ARTICLE
Compan
Purchas
Richard Perkins
Cousins
Boston
Boothbay
West End
San Diego
Cal
The
New York Tribune
California
W. A. Holabird
Sullivan Harbor Landa Company
Stock Exchange
Allouez
Atlantic
Franklin
National
Osceola
Coreh Lake Times
Calumet Hecla Smelting Company
Messrs
Curtis & Motley
State Street
Freeman ‘A. Smith
Iowa Loan and Trust
Milk Street
Hoyt Sherman
Equitable Life Insurance Company of
Iowa
John Sherman
Wes Moines
Lowa Loan and Trust Company
Utah Territory Bonds for Sale by the Loan Commissioners
Bids are invited in Salt Lake City until noon on the 81st day of May 1888 for 150 bonds of 1000 dollars each, five percent interest, redeemable after ten years, with redemption funds required. Bonds fund educational institutions, issued under territorial law, with no excess debt beyond one percent of taxable valuation. bonds are tax exempt. James Jack, Territorial Treasurer, announces further details.
MENTIONED IN THIS ARTICLE
Territory of
Utah
Salt Lake
Territory
Deseret National Bank
City
New York
State of
United States
Legislative Assembly
Governor
Congress
James Jack
Territorial
Boston Stock Exchange May 19 1888 Auction List
Mining and Stock Exchange reports auction sales for May 23 1888 including 10 shares Manchester Lawrence RR 15 Douglas Axe Mans Co 10 K Howard Watch and Clock Co 12 rights Metropolitan NBk 40 Pratt Mans Co and 16 000 Old Colon Steamboat Co 6s with various other railroad and bank issues, plus New York Stock Exchange totals and prices.
MENTIONED IN THIS ARTICLE
Manchester & Lawrence RR
Douglas Axe Mans. Co
K. Howard Watch and Clock Co
Eliot Fire Ins
Metropolitan N. Bk
Merchants’ N. BK
Suffolk N. Bank
N. Eagle Bank
Suffolk N. Bk
Pratt Mans. Co
Adm
Chi. & West Mich. RR. _Alao
Vt. & Mass. Ra
Boston & Maine RR
West End St. Ry. Co
McKay
F. Asso
N. XY. & Penn. Tel. Co
Colon Steamboat Co
Michigan Central RR
Metropolitan RR
Fe RR
Suffolk
Hamilton
Cons. RR
Cheshire RR
Dowellin House Ins. Co
Boston & Roxbury Mill Corp
Boylston Mutual Ins. Co
Sugar Refineries Co
Union Stock Yard and Transit Co
Dwelling House Ins. Co
N. Exchange
Sioux City &Acific RR
Atv O
Cveseees
Ies
Summit
Ee Ee
Union Pacific
Bae
West End
Eenee Ig
Wis
Seevess Telephones
Balhcess Oy
Lamson Store Ser. Co
Faneuil Hall
Bank
Ceeerer
Mechanics
Metropo
Alem
Bank of North America
Kele Bank
Eeeseeese
Suffolk Natl Bank
Zétna Mills
Euee
Eeesveer Lowell Mfg. CO
Ens Lyman Mills
Boston & Chelsea
Horse
Chicago & West Mich
Old Colony
Bay State Live Stock Co
McKay & Bigelow
McKay Metallic
Simpson
Sioux City
Iowa
Tifflin
Kreemans , Natl. Bank
Bee
Globie
Hamilton Natl
Eagle Bank
Erssseeeret
Ees Senate
Ower CO
Baco
Ld Rattan CO
Seeeers
Wakefront
Mass
Vermo & Roxbury Mill
Boston Water CO
Quinceries CO
Atlantic
See& No
Scott
Palace Car
Foreign Markets Show Mixed Tone as United States Bonds Rise
London reports slight gains in some American railroad stocks amid firm merchantry. readings point to strong closes as investors favor sound securities. New York shows easy money, dull sterling, and a cautious stock pattern with a late firm tone after bank reserve data.
MENTIONED IN THIS ARTICLE
London
Connors
United States
Atlantic & Great Western
Erie
St Paul Common
New York Central
Pennsylvania
Reading
Paris
Stock Exchange
Frederick
Louisville & Nashville
Union Pacific
Northern Pacific
Denver Lakeshore
Central Pacific
Atlantic
Milwaukee
Market totals and bond moves this morning show gains
Trading was active with two hours of sales reaching 1,080,000 and Jersey Central 6s contributing 156,000. Overall market tone remained steady with advances in several issues including Indiana Bloomington and Western first preferred 7s to 112, New Orleans and Mobile seconds to 100, New York City and Northern seconds to 54, Oregon Short Line firsts to 108, and Manitoba consols to 117. Balti more and Ohio 5s fell to 107, Chicago, St. Paul and Minneapolis firsts to 112, and St. Louis, Kansas City and Northern St. Charles Bridge firsts to 103.
MENTIONED IN THIS ARTICLE
United States
New York
Hiladelphia
Chicago
le Oent. Louis
Cincinnati
San Francisco
Baltimore
D. Ft
Yittsburg
Kansas City
En Orleans
Woulsville
Ilwaukee
Minneapolis
Paul
Libel
Jieveland
Denver
Columbus
Tartford
Eoria
Ortland
Aluth
Pringfield S
Torfolk .E.eee
Wichita
Worcester
Lowell
Byracuse
Grand Rapids
N.Y
Boston
New Yor
Norfolk
Syracuse
Portland
Grand Pids
Springfield
New Orleans
Duluth
Nis
Union Pacific
Flint & Pere Marquette Common
Burlington & Quincy
The
Beacon
Ton & Quincy- Burling
Burlington & Northern
Chicago, Burlington & Quincy
Burling
Quincy
Burlington
Joxton
Era
Northern
Burlington & Northern Securities
Ton & Quincy
Burlington & Or
the & Northern
Forbes
Burlington & Northether
Chicago, Burlington
Ton & Northern
Burlinger
Chicago, Ten & Northern
Burlington Peen
Legitt
Boston & Lowell
Massachusetts
Kitchburg
New England
West End
Mexican Central
Atchison
Land Grant & Western
Kansas
In& New England
Oregon
Sonora
Southern Kansas
Boston Gaslight
Lamson
Mutual District Messenger Company
Frederick J. Ames
James M. Prenderast
Weeks
Lamoine & Bar Harbor Land Company
Bar Harbor
Sready Advanc
Jersey Central
Indiana Bloomington & Western First
New Orleans & Mobile
New York City & Northern
Oregon Short
New Summer Resort Planned for St Andrews N B
A group of capitalists formed a company to transform St Andrews into a summer resort. They purchased 600 acres and eighty town lots including Joe's Point, with 55 acres granted by the town for Indian Point and a 12 acre public park. About 80,000 spent on land, with plans to invest far more. Cottages for Americans, hopes for hotel investment, and a water supply from Chamcook Lake are underway. Key officers include Sir S. L. Tilley president and Eugene F. Fay treasurer. leading stockholders include Abram Avery, J. Emory Hoar, and Charles V. Lord among others.
MENTIONED IN THIS ARTICLE
St. Andrews
N. B
Joe’s Point
Indian Point
Chanicook Water Company
Land Company
Chamcook Lake
S. L. Tilley
Robert §. Gardner
Rand Avery Supply Company
Boston
Eugene F. Fay
Brookline
Mass
Abram Avery
B. Claflin
Buyers of Shoes and Groceries Across Cities (Ongoing Listings)
A fragmentary list shows buyers and companies across multiple cities including Appleton Milwaukee Baltimore Chattanooga Cleveland Pittsburgh Philadelphia St Joseph and Saint Paul. Names include J & M Rosmelissl Patterson Ren shaw Co Phelps Dodge & Palmer Smartt Bros Co Oehmig Johnston Co and others in a dense directory of shoe buyers and merchants.
MENTIONED IN THIS ARTICLE
Pittabure
Penn
R Gregg
Grogs & Elliott
Pittsburg
H Hilds, Jr
H Childa & Co
Pittsbury
W Hryston
Eschimerty & Co
Penn--Wookersgett, Dy
Philadelphia
Reeve
Bt Joseph
A LT Smith
Smith-Frazer B & §& Co
Qu.st Joseph
Curley
Tootle, Hosea & Co
Paul—O Henry
Foot, Schulze & Co
J E Dayton
Dayton & Q
Commodity Market Snaps: Prices Steady Across Key Staples
Commercial notes show mixed stability with copper quiet and oats high. Corn, rye, flour and meal markets hold firm, while butter cheese eggs and potatoes stay in demand. Beef, pork, mutton and veal slightly varied as supply remains steady.
The Metal Market Trends In Iron and Copper Trade
The week features a sharp price drop by Thomas Iron to 18 dollars for Nol and 16 dollars for gray forge, delaying demand and triggering orders from major buyers. Southern and Western iron face market barriers, with expected further reductions and output restraint to balance the unsettled market. copper, tin, and lead show mixed activity but overall cautious trading across London and U S markets.
MENTIONED IN THIS ARTICLE
Thomas Iron Company
Gray Forge
Tide Water
Pennsylvania
Thomas Company
Virginia
Wes
Pittsburg
West
Braddock
New York
Cios
London
Straits
Spa
Baltimore
Jrands
Gray
Eglinter
Summerlee
Garteberry
Langionn
Glengarnock
Collness
New England
Adie
Also Mentioned on This Page
York Stock Exchange
New
Bankenet
Mint
Chicago & Eastern Illinois
H. H. Porter
Chicago & Indiana Coal Railroad
Brazil
Ind
Fair Oaks
Chicago & Eastern Illinois Railroad
Indiana
Illinois
Goodland
Jasper County
Momener
Cleveland Plain Dealer
Newton County
Morocco
Tuscola
Prescott & Arizona Central Railway
Prescott Arizona Central Company
Atlantic Pacific
Nutt
Atlantic & Pacific
George O. Manchester
Prescott & Arizona Central
Wisconsin
Cleveland & Canton
Utah Territory
Devonshire Street
Foote & French
Congress Street
Commission
Foote & French, Bankers
Stock and Bond Brokers
Brokers’ Board
Mining and Stock Exchange
Ee L & Ig
St. L
St. P
P. R
W. Shore
Bisett
Boston Ae Light Co
Ames
Fitch
Nys&ne
T&s
K & W Bs
S . Ee
Ae Do Inc
M&b
So Kansas Inc
Wis © Inc
Lamson S S
Eeeees
Ee Catalpa
Eevee
Enwae
Eee
Ee Osceola
Esses
Eeeere
A&p
Eeeveeeers
B&q
Ny&n
Ked
Allouoz
Boral
Arno Eee
Alec
St. Cea
Bonanza
Security
Bowhman
Sutro Tn
Breece
Washin
Bruns
Winthrop
Cataipa
M. Elec
Crescent
Ureka
Dunkin
Ken
Hanover
Lord Ac
fHlumb
I Mass
Hinton
EL Meter
Ocean
Minnesota
Boston Stock Exchange
A - Allouez
Arnold
Bonanza Devel't
Kearsage
Ridge
Tambtaack
Aspinwall
Boston W. P
Boylston Street
Campobello
Wollaston
Ee Atchison
L. G. TB
At. & Pac
L. G
Kan. & W
Bol
Do Inc
W. Mich
M. St
Elk
P. D F
LC . Con
Ye Do Inc
Pueb, & A
Rutland
Tex
Eeveer
St.Jo. & G
Union Pacific OB
Boesevere
Pacific
Boston & Albany
Boston & Maine
Boston & Prov
Southern
Cleve
Canton
Poe
Oye & Pacific
Sin
Central Lawa
Central Pac
Hes
Ohio
Ease
Chi
Alton
Bo Cleve, & Col
del. & H
Pel. & L
Fort Wayne
Ft. W
Dew Sees
Hocking Val
Houst
Texas
Lake Shore
Lou. & N
Lou
N. Ao
Beach
Man
Enee
Mioh
Central
Ing Pac
M. & Ohio Oer
Esse
Nash. & Chat
Northwestern
Ee C. & St
N. E
Vanes
Pittaburg
Rich
W.P
Seta
Bek Island
Rome
Hs Bt. L
St. Paul
M. Mic
Prea Pacific
Dala Ies
Tiea & B
Oregon Inn
Pacific Mail
Pullman Pal
Union
American Oil
Eoeer Petroleum
Mae Can. So
Cen. P
P.& RG
Kan. P
Iw ‘Oils Fargo
Ae Companies
Amador
N. Belle Isle
Ontario
Cristo
Yellow Jacket
City OF ST. Louis
Blake Bros. & CO
Ace Dr.o
Wulliams & C9
San Frrancisco
Navajo
Alta
North Bellevale
Rest & Belcher
Ophir
Rae
Bodie
Potosi
Savage
Sierra Neva
Union Con
Gould & Curry
Foreign Financial Markets
NEW York Financial
Poot and
Appleton, Wis
J Sosmeisel
Rosmelissl