Money Market Steady Amid Mixed Bank Rates and Market Moves
The Boston money market remains steady at 6 percent with ample clearing-house funds but no rate change. Bonds and stocks show mixed moves with Atchison and Rutland activity, central Ohio sale news, and railroad consolidation chatter involving Central Vermont and Boston & Maine.
Water Works Bonds Sold by Baring Brothers
Baring Brothers offers for sale six per cent bonds secured by mortgage on water works properties with net earnings surpassing interest. The firm sells only securities bought for its own account after careful investigation. Water works bonds are described as among the safest investments. John W. Faita Banks, president. C. H. Venner, vice president. C. Stanwood, treasurer.
MENTIONED IN THIS ARTICLE
Water Works
Boston Stock Exchange office on Congress Street
Readable text notes offices on Congress Street in Boston with references to the Boston Stock Exchange and multiple office locations. No date or event details are provided.
Indiana Coal declares 142 percent quarterly dividend
The Indiana Coal Company announces a quarterly dividend of 142 percent correcting an earlier 144 percent figure. The announcement notes a further dividend from Ivania Railroad Company and The North Pennsy at 2 percent quarterly.
MENTIONED IN THIS ARTICLE
Indiana Coal Company
Ivania Railroad Company
North Pennsy
New York Stock Sales Report November 10
Today’s stock transactions show 284 646 shares traded. Data lists shares sold with opening high low and closing prices for each issue, followed by yesterday’s closing price for reference.
MENTIONED IN THIS ARTICLE
New York
Financial Problems Engage Merchants Club Meeting
The Merchants' Club of this city met at the Parker House with Bank Presidents' Association members. Speakers included Samuel N. Aldrich sub-treasurer, City Treasurer Beare, W. Ernst, Edward Atkinson, and Asa P. Potter. They discussed banking, the sub-treasury system, national surplus reduction, and currency themes before adjourning for a month.
MENTIONED IN THIS ARTICLE
Merchants’ Club
Parker House
Bank Presidents’ Association
Briggs
Samuel N. Aldrich
Aldrich
Beare
Turner
Beard
Boston
Ratt
Atlantic Bank
Warner
Bank of Commerce
W. Ernst
The
Beacon
Allison
Burnhamsonal City Bank
Ernst
Edward Atkinson
Asa P. Potter
Market Dullness After Illness News Weighs Stocks
Boston market closes weak with Reading and Missouri Pacific active earlier. Government bonds and railroad bonds steady to dull as overall activity sinks. Diverse bond movements noted with several firsts and 6s edging various prices amid souring sentiment.
Money on Call Steady in New York Markets
New York on November 10 reports money on call easy with rates from 4 to 5 percent and the last loan at 4 percent. Closing offered at 4 percent for prime mercantile paper.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
European Markets Try Mixed Notes Amid Bank Bills
London securities steady with Consols around 1031 16 for money and 1065 16 on account. U S 4s at 108 or 108.5, Erie 291, New York Central 111, Paris routes for the account 8 per cent. Bar silver 437 d. Bank of England bullion balance 20,000. weekly reserve ratio 47.10 per cent. Berlin reports 5,060,000 marks increase in specie. crown prince ill weighs on bourse. Paris and Berlin markets show flat tones today.
MENTIONED IN THIS ARTICLE
Bostox
New York
Chicago
St. Louis
San Francisco
New Orleans
Charleston
Savannah
United States
National Bank
National
Sterling Exchange
Continental
Trancs
Reichsmarks
London
Bank of England
Bank of Use
France
Imperial Bank of Germany
Bears
Atchison Railroad
Lingg
West End Lane Company
Boston Bears
Boston
Atchison
Atlantic & Pacific
James Thompson
Burlington & Quincy
California Southern
Oregon
Pullman R Ights
Kansas City
Fort Scott & Gulf
Cincinnati
Sandusky & Cleveland
Flint & Pere Marquette
Springfield
Memphis
TD Yy
Union Pacific
Missouri River
California
Union and
Central Pacific
Omaha
Mississippi River
Chicago, Burlington & Quincy
Chicago, Kansas & Western
Atchison Collateral Trust
Southern Kansas
Texas
Sonora
Birmingham
Consolidated Vermont
Ogdensburg Consolidated
Eastern Railroad
Trustees of
The
Rutland
Clements
Cole
Globe National Bank
Rutland Preferred
Rutland Railroad
Vermont
Boston & Maine
Worcester
Nashua
Ing
Ae Wear
Alt & T
At. & Pac
B. & Air L
B.C. R
Central
Iowa
Pac
Ches
Ohio
Chi
Alton
del. & H
del. & L
Pad den. & KR. G
Erie
Eree East Tenn
Fort Wayne
Harlem
Hous
Gore
Tamarack
M., LS
eOe
Aspinwall
Miss. Pacific
Brookline
San Diego
Nash
Chat
N.J. Cent
Ibi
West End
Pacific, Loo
Northwest
Eran Atlantic & Pac, Inc
Cal
Ye N.Y
Kan
Ohio & Miss
Isis
N. Y
N. E
N.Y
Pittsburg
Pueb
Rome
Rock Island
St. L
South Kansas Inc
Io Wis
Santa Fe
Arch
Pacific
St. P
Mo M
Atlantic
Ios Od
Boston & Albany& Veee
Burl. & Northern
Wbvo
Utica & B
Burl & Quincy
Wee Ees
Central of Mass
Companies
Cin
San
Cleveland
Flint & Pere
Union
K. c
Spr
Mem
Ceieie
Ie & N
Rutlan
N. J.C. Int
Summit Ranch
D.& RG
M. Wis
Bell Tel
N. Ie
M . Erie Tel
Apl
St. R. Com
Serv. Co
An. P. Cons
Lamson Store
Pullman Palace
T. G
G. M. Kk
N. Pac
W. Shore
Adams
American
LW ii Fargo Mining Companies
N. Belle Isle
Bodie
Amador
Ontario
Best& Belcher
Lophik
Quicksilver
Babm Brunswick
Col. Coal. Security
Deadwood T
Sierra Neo
el Cristo
S. Kingess Gowld & Car
Surinam
Hale & Nor
Tenn. C
H.C. & Iron
Union Con
Homestake
Yellow Jack
St.Paul Common
New York Central
Reading
Paris
Bank of France
Berlin
Navy
Hartford & Connecticut Western Railroad
Hoosac
Johnson
Bostonville
Johnsonville
Troy
Saratoga
Rotterdam Junction
Fitchburg
Delawareudson Canal Company
New York Central & Hudson River
West Shore
Baltimore & Ohio
Drexel, Morgal & Co
Upper Coos
Northern Pacific Road
Canadian Pacific Road
Amsterdam
Denver & Rio Grande
East Tennessee
Virginia
Georgia
St. Paul
J Cannett Littlefield Negotiated
Equitable Building at corner of Milk and Devonshire Streets in Boston involved in a negotiation with J Cannett Littlefield.
MENTIONED IN THIS ARTICLE
Equitable Building
Cor, Milk and Devonshire Sts
Boston
Railroad Returns Show Gains and Strains Across State Lines
Railroad commissioners publish near complete annual reports from steam and horse lines. Metropolitan data show total assets at 4 444 438 with a net debt of 1 503 961 and 42 970 289 passengers carried. Boston Consolidated and Cambridge lines report rising debts and earnings, while several small roads post modest gains in gross earnings and passengers, with mixed surplus results and notable track extensions.
MENTIONED IN THIS ARTICLE
Boston & Providence
Boston & Albany
Old Colony
Revere Beach & Lynn
Fitchburg, Pinan & Maine
Boston & Lowell
Boston Consolidated
Cambridge Railroad
South Boston
Lynn & Boston
West End Street Railway
Railroad Commissioners
Suburban Street Railway
The
Astern Railroad
Massachusetts Railroad
Great Britain
United States
New York & Boston Inland Railroad
Mexican Central Railways Swamped With Freight and Expansions
El Paso dispatch reports the Mexican Central railway arriving from Mexico City with 233 cars of freight awaiting transport plus material for branch lines. 250 new box cars and ten locomotives ordered. Branch to Lapua to Guadalajara expected by April 1 with Diaz present. New east branch to San Luis Potosi aims at Gulf connection. canyon scenery noted. Earnings for last month beat October 1886 by 100,000.
MENTIONED IN THIS ARTICLE
el Paso
Tex
McKenzie
Geneva
Mexican Central Railway
Mexico
Mexican Central Company
Lrapuato
Guadalajara
Republic
Road company finances show liabilities and cash on hand
The record notes unfunded debt of $17,862 and total liabilities of $157,822. Expenditures for the road amount to $157,760 with cash on hand of $6,130 and paid sums of $438,780 in the second assessment plus $43,730 in the account.
United States Advances Barbadoes Postal Treaty
The United States and Barbadoes sign a postal treaty boosting direct mail service. Officials say delivery time drops from fifty to twenty five days improving trade and paving the way for more treaties with Brazil, Jamaica, Bermuda and other regions. Cotton harvest reports update yields and state rates.
MENTIONED IN THIS ARTICLE
Washington
Srrciat
N. M. Bell
Foreign Mail Service
Post Office Department
Barbadoes
United States
Great Britain
Bermuda
Bell
Brazil
England
Jamaica
Congress
San Domingo
Haiti
British Honduras
Nassau
Drummer Robbed on the Boston to Wakefield Train
George Kelley a jeweler's drum mercer for J C Davis & Co. reports robbery aboard the 4 02 p m train from Boston to Wakefield. A masked assailant struck him in a car closet and took a satchel with watches rings and other jewelry worth 11 00 dollars. Kelley arrived here with facial injuries and officers are investigating the bold attack.
MENTIONED IN THIS ARTICLE
Watersmup
George Kelley
J.C. Davis & Co
Boston
Wakefield
Kelley
Flower Show Awards at Horticultural Hall Display
Chrysanthemums and orchids receive top prizes as Edwin Fewkes & Son dominate categories. Awards include second places for Mrs. J. M. Woodice, third for C. H. Hovey, and a silver medal to E W Gilmore for vanda sanderiana. First class merit certificates go to J. M. Woodice and others.
MENTIONED IN THIS ARTICLE
Horticultural Hall
Committee On
Edwin Fewkes & Son
J. M. Woodice
C. H. Hovey
Edwin Fewkes
Francis B. Hayes
P. Melly
H. Hovey
E. M. Gill
E.W. Gilmore
E. Gilmore
E. Fewkes
Pp. D. Richards
E. W. Gilmore
KE. Fewkes & Son
Alpheus Hardy
L P. Walcott
William Martin
Sale of Pew Holdings at South Congregational Church
One hundred forty-five of 165 pews were sold or rented at the South Congregational Church on Newbury and Exeter streets last evening. Thirty of the thirty-five pew owners from the Bernard Carpenter ministry remain. New holders include R. Gardner Chase Eugene Battelle Dr. E. M. Buckingham Samuel Emmes Mrs Frank Dame D. B. Flint Dr. F. A. Harris John Noble Hon. J. A. Page John M. Way Sternt Morse Dr. J. W. Bartlett W. Pp. Fowler.
MENTIONED IN THIS ARTICLE
South Congregational Church
Newbury and
Exeter Streets
Bernard Carpenter
R. Gardner Chase
Eugene Battelle
E. M. Buckingham
Samuel Emmes
Frank Dame
D. B. Flint
F. A. Harris
John Noble
J. A. Page
John M. Way
Sternt Morse
J. W. Bartlett
W. Pp. Fowler
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Post
Burlington
Central Vermont
Delaware & Hudson Canal Company
New England
Rutland & Cheshire
Cheshire
Ashburnham
Green Mountain
Smith
Long Island Sound
Concord
Quincy House
Clements of Rutland
J. Gregory Smith
Frank Jones
Charles Sinclair
Boston & Maine Happy Family
Furber
C Colony
Northern
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Frenchman’s Bay
Uiney Wa
Osceola
Breece
Allouez
Aldder, Peabody & CO
Devonshire St
Boston, Mass
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Antile
Messrs. Ils
Baring Brothers & Co
Europe
British Provinces
Philadelphia
Bury Water
Bath Water Supply Co
Bath
Maine
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Basset, Whitney & Co
Devonshire Street
United
John W. Faitabanks
C. H. Venner
C. Stanwood
Congress St
Boston Stock Exchange
Brokers’ Board
BO A. M
M& Bbs
S&m Gs
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IZ A
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P. M
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Lamson SS
Allouez i. Ee
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NY &Ne Conseeee
UN Pac
KED
Boston Stock Exchang
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Eos
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Dunkin Mining Ee
Lord Acoustic Telephone
Geeeeevn Ee
East Boston Lane
Ener
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Oeevees
Atchison & Topeka RR
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OS Bowman
iSutro
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John McKenna
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