Money market steady with abundant funds and steady rates
The Boston money market remains steady with abundant loanable funds and moderate demand for accommodations. Time loans run 3 to 5 percent, collateral call loans 2 to 4 percent, and business paper discounts near 4 percent. Exchange figures show declines versus last year, with Treasury holdings and foreign exchange rates listed, while stock activity is light and mostly steady.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Jancisco
Telegraph
New Orleans
Commerce
Bank
Charleston
Savannah
Messrs. E. Rollins Morse & Co
City of
United States
National Bank
Reichsmarks
Kidder, Peabody & Co
Heidelbach, Schelheimer & Co
Muller, Schall & Co
August Belmont & Co
Lazard Fréres
Bank of Montreal
Thompson
the Treasury
Gould
Atchison
Wall Street News
Texas & Pacific
Southwest
Atchison Company
Fountain
Col
Mexican Central
Serip
Willaya
Tampic
Proco
Wssengers
Breight
Utah Bonds for Sale by Territorial Treasurer
The Utah Loan Commissioners invite bids by 12 noon May 31 1888 for 150 bonds of 1000 dollars each at 5 percent interest payable semi annually. Redeemable after ten years with a redemption fund of at least 15000 dollars yearly. Bonds issued to fund educational institutions, tax exempt within the Territory. Highest bid wins with bid security required. James Jack Territorial Treasurer.
MENTIONED IN THIS ARTICLE
Territory of
Utah
Salt Lake
Deseret National Bank
Sich Bank
City of
New York
State of
United States
Legislative Assembly
Governor
Congress
James Jack
Territorial
Auction Sales of Boston Stocks May 23 1888
Boston Stock Exchange lists auction stocks for May 23 1888 including Manchester & Lawrence RR Douglas Axe Man Co Howard Watch and Clock Co and many banks and railroads. Market notes two day shipping activity and railway bond movements with Jersey Central Keokuk & Des Moines and others.
MENTIONED IN THIS ARTICLE
Manchester & Lawrence RR
Douglas Axe Mans. Co
Howard Watch and Clock Co
Eliot Fire Ins. Co
Metropolitan N. BK
Merchants’ N. BK
Do Suffolk N. Bank
N. Fagle Bank
Do Suffolk N. Bk
Pratt Manf. Co
Adm
Chi. & West RR
Builolk N. Bk
Hamilton N. Bk
N. Bk
Naunkeag N. Bk
Salem
Wakefield Rattan Co
Lyman Mills
Merrimack Mfg. Co
Taunton Locomotive Co
Vt. & Mass. RR
Concord RR
Detroit
Lansing & No. RR
Cons
Cheshire RR
Dwelling House Ins
Boston & Roxbury Mill Corp
Boylston Mutual Ins. Co
Sugar Refineries Co
Union Stock Yard and Transit Co
Dwelling House Ins. Co
WN. Exchange Bk. Et
Lansing & No
Foreign Financial Markets Update London May 22
In London Consols quoted 98 15-16 for money and 99 for account. U S 4s at 18014. Atlantic & Great Western firsts 83 6, Atlantic & Great Western seconds 7 4. Erie 25 34, St Paul common 71 0, New York Central 10814, Pennsylvania 53, Reading 32. Paris novices 8 per cent rentes at 82 francs 75 centimes for the account. Money at 13/16 1% per cent. Bar silver 41% per ounce. bullion balance at Bank of England today £164,000.
MENTIONED IN THIS ARTICLE
Fort Scott & Gulf
Missouri Pacific
New Orleans
Omaha
Liverpool
Louisville
Evansville & St. Louis
Chicago, Burlington & Quincy
Union Pacific
Cleveland & Canton
Flint & Pere Arquette Promes
Atlantic & Pacific
Severa
Atchison
Regan
Wnio
R. L. Day & Co
Old Colony
Bell Telephone
Erie
West End
San Diego
Frenchman’s Bay
Ater Power
Lamoine
Campobello
Bar Harbor
Alumet & Leela
Brokers’ Board
Beford
Ales
Egeee A
T&s
Fcoltr
Ee Sonora
Ee Am Bell Tel
Ae Boston Gas Light
B&n
C& W
M & Bos
Kc, &Mos
Kansas Inc
E- C& Hec
Kearsarge
Quincy
B& M
S. B & Prov
B&q
Fitch
K&pm
Ny&ne
Aetee
Serer
Ny&nseer
Sess
Sotos P
T& SF
Gos Lo
Cal So Inc
Ee C
M & St P
Ee Nor Pac
OS Lbs
Rutland
St J & Gri Gs
Famarack
B&m
Boston Stock Exchange
Allou
Eisers Ee
Arnold
Ener
Ozyae
Atlantic
Bonanza Devel’t
Cal
Hecla
Catalpa
Crescent
Tamarac
Bly, Aspinwall
Renee
Louiston Street
Brookline
OSION
French Bay
Maverick
Eeeerenee Ef
Newport
Ae Ane
Payson Ewer
Penobscot
Big Topeka
Pac
Do Inc Cros
Ll. G
Do ‘Inc
K. C
Kk. C
Sp & M
Ee & St L. Im
Ao Inc
Scrip
Newa
Aunt Ower
Nor
Oregon
V. Ta
Rotland
Southers
Kan
Sonora
T. Jo
Wis
Wah
Sicon & Albs
Boston & Ies
Reed
London
United States
Atlantic & Great Western
St Paul Common
New York Central
Pennsylvania
Reading
Paris
Bank of England
New York Financial Markets Report May 22
Money on call was easy yet unsettled with rates from 1 to 2 percent and closings around 1.34 to 1.44. Sterling, government bonds, and railroad bonds held steady amid a dull session. Stocks opened weak in Louisville and Nashville, with St Paul and Union Pacific attracting attention. After morning lull, slight activity returned with renewed weakness in several issues, including notable declines, then a mild recovery as market breadth remained limited and dull.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
St. Paul
Union Pacific
Louisville & Nashville
Pha Dulness
Oregon and Transcontinental meeting and rail actions
The Oregon and Transcontinental Company schedules its annual meeting for June 18 with Henry Willard poised to lead. Shareholders are urged to appoint proxies in favor of Willard and colleagues Dillon Colby and Bull. Nearby, Windsor & Forest Line directors are elected in Claremont, and through rates for St Paul connections rise June 1 as northern routes adjust.
MENTIONED IN THIS ARTICLE
Oregons & Transcontinental Company
Henry Villard
Sidney Dillon
Charles L. Colby
William L. Bull
Colgate Hoyt
Brayton
Mr. Willard
Oregon & Transcontinental Company
Oregon & Transcontinetal Company
Kro
Wallstreet
New York
Windsor & Forest Line Railroad
Claremont
N. H
James Kurnap
Marlow
Virgil C. Gilman
Nashua
H. W. Parker
Otis F. R. Waite
Clarent
Christopher Robb
Stoddard
J. A. Spaunding
H. W. Hoitt
James Taft
Keene
Hiram Parker
Lempster
St. Paul
Chicago, Burlington & Quincy
Chicago
Minneapolis
Lea Road
Boston & Albany
Denver, Texas & Port Worth
South Pennsylvania Reorganization Committee
Con
Market Notes From Grain and Livestock Prices
Commercial matters show mixed activity with several staples firm or steady. Lumber quiet. corn and oats steady. rye very firm. cottonseed meal strong. potatoes and hay in good demand. pork and lard in fair demand. beef quiet. poultry quiet. fruit prices mixed with oranges and lemons stable or unchanged. Truck activity remains active. sugar markets unchanged.
The Lumber Market Steady Amid Weather Delays and Quiet Trade
The lumber market remains quiet with steady demand and halted building due to two weeks of bad weather. Eastern lumber shows fair movement with strong prices for some Pennsylvania lots. Western lumber is steadier with moderate demand. Prices for shingles clapboards and various hardwoods vary, with detailed Boston weekly totals showing broad activity across pine, spruce, hemlock, whitewood, and walnut.
MENTIONED IN THIS ARTICLE
Pennsylvania
Boston
Canada
Fordwoods
Cypress
Indiana
Sivan
Trade in Wheat and Grain Markets Across Cities
Moderate trade and steady to firmer prices across grain markets. Minnesota bakers pass through fair export and domestic demand while Chicago and St Louis report mixed receipts and higher futures, with No 2 red and No 2 white oats and corn markets showing strength in some hubs amid overall subdued activity.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Canada Superior
Canada
New York
Ohio
St Louis
Chicago
Minneapolis
Milwaukee
Lake An
St. Louis
Detroit
Toledo
Bush
White State
Minneapoli
Graham
New York Common
East SaieOe Common
Wholesale butter and cheese prices in multiple markets
Wholesale butter prices range 20 to 28 cents with firm demand across regions including Vermont and Western creameries. creamery types vary from extra fresh to seconds. Cheese markets show steady but quiet activity with New Western cheese softer and several regional quotes. beans hold steady with general market unchanged.
MENTIONED IN THIS ARTICLE
Vermont
Eastern
Elgin
Elgin Creamery
Mediamrs
Cincinnati
St. Albans
New York
Ohio
Utwa
Chicago
Liverpool
New State
New Hampshire
Cheice Westerm
Choice
Michigan
Nova Scotia
New Brunswick
Lée
Also Mentioned on This Page
Heela
Central Mining Company
Hagle River
The
Central
Jay Hubbell
Stephen Dorsey
New Mexico
Santa Fe Copper Company
San Pedro
Utah Territory
Leominster
Brewster, Cobb & Estabrook
Congress Street
Devonshire Street
Foote & French
Oregon Short Line RR
Curtis & Motley
Stock and Bond Brokers
State Street
Williams & CO
Vt. & Mass. Ra
Boston & Maine RR
West Endst
Fe RR
Metropolitan Natl
Metropolitan N. Bank
Bay State Live Stock Co
Powow River N. Bank
Nat
Union Bank
Eastern Kh
Reece Button Hole M. Co
Boston & Me
Rutland RR
Atlantic Met
Ins. Co. Scrip
Concord & Mont, RR
Worcester Gas L. Co
Washington N. Bank
Mechanics’ N. Bank
McKay Met
Fast, Asso
Do Sombarg Invegtment Co
Ficn
Rutland RE. Lin
Nat. Bk. of Commerce
Globe Gas Light Co
Boston Wharf Co
Do Sugar Refineries Co
Union Met
Fast. Co
Natl. Bank
Milford
Cheshire RR. Co
Hamilton Natl. Bank
Bay State Gas Co. Common
Massachusetts Natl
Chicago, Burlington & Quincy RR. Co
Atlantic Mutual Insurance Serip
Fitchburg BR
New England N. Bk
Boston & Providence RR. Co
Laconia Mfg. Co
Metropoliten N. Bk
West End St. Ry. Co
Manchester & Lawrence RR. Co
Iowa Rr, Land Co
Jersey Central
Keokuk & Des Moines
Indiana, Bloomington & Western Eastern Division
Mobile & Ohio New
Oregon Transcontinental
Cleveland & Pittsburg Consolidated
Knoxville & Ohio Firsts
Kansas & Texas
Ohio Southern
Calley
al. Southern
Serene
K. Gy Fes
Gulf
Mem
Uim
Bell
Mervin
Lamson Store Ser.Co
Pullman Palace
Alt
Heeene
Pacific
Can
Anton
Lowa
Central Pac
Ches
Alton
Del
Den
Eaeassee
Rere Wayne
OL Fu W
Hocking Val
Eeve
Houst
Texas
I. Centrak
B. & Wese
Tex
Kinnee SY & Pem
Lake Shore
Aun
St. L
M.& Ohio
M. & Essex
Nash
N. J. Cent
Bain Nor
Northwestern
le C. & St.athe
N.L
Miss
Pittsburg
Rock Island
Rome
Gil
Eure
Texas Pacific
PEL
Tol
U, Pacific
Utica & Eee
Bure Land
Pullman Pal
Union
Co Choee
E.G
Aan . L
Ss. D
R.G
N. P
N. J. C. Int
W. Shore
N.W
Adams
Wells Fargo
Wel
Homestake
Best . Welch
Ontario
Ophir
el Cristo
Pronstite
Exchequer
Quicksilver
Hale & Nor
Tenn G.wise
Hock
California
San Francisco
Oy Pet & Belcher
Socoee SF Chollar
Savage
Sierra Nevada
Eureka
Gould & Curry
Uy Hale & Norcross
Typ Uconn
Cease Mexican
Nevada
le Isle
Mono
North
Foreign Financial Markets
NEW York Financial
Railroad Matters
Chicago Markets
Farnum, Reardon & Co
John E. Welsh