Money Market Blues and Bank Losses Dominate Boston News
TheMoney MarketBoston Monday Evening Nov 26 reports an easy money market with bank loan rates at 2 to 3 percent and time paper 4 to 6 percent. Clearing house balances and New York funds show mixed activity while the local stock market dulls as telegraph cuts limit Volume. Large reports detail railroad rate pressures and Oregon railway earnings amid crosscountry capital movement and speculative trades.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
New Orleans
Charleston
Savannah
Reichsmarks
Bank of England
Imperial Bank of Germany
Go!d
DAWA
State Street
Akron
Missouri Pacific
Atchison
Southern Pacific
Rock Island
Burlington & Quincy
Atchison Company
Kansas Railroad Commissioners
Western Union Company
Goodbody
Glynn
Dow
Gould
Union Pacific
Oregon Short Line
Oregon Railway and Navigation Company
Oregon Short Line Company
Oregon
Washington Territory
Dividends Declared by Great Falls, Union Stock Yards, and Old Colony
Great Falls Manufacturing proclaims a dividend of 3 dollars per share. Union Stock Yards and Transit Company declares an extra 1 dollar per share payable December 1 to holders of record November 24, the third extra in a series, with four quarterly payments totaling 50 dollars and 9 dollars for the year. Old Colony Railroad declares a dividend of 850 dollars per share payable January 1, 1889 to stockholders of record November 30.
MENTIONED IN THIS ARTICLE
Great Falls Manufacturing Company
Union Stock Yards and Transit Company
Old Colony Railroad
Stock and Bond Orders Executed in Major Markets
Stock and bond orders were executed in Boston New York and Philadelphia. The report notes transactions in these financial hubs with details on volumes and prices where available, reflecting active trading across multiple exchanges and venues.
MENTIONED IN THIS ARTICLE
Boston
New York
Philadelphia
Williams a Co. Sales at Brokers' Board Nov 26 1888
Boston mining and stock exchange reports auction sales and closing prices. Lists numerous stocks and bonds offered for slab auction, including Nat Heating, Lincoln Nat Bank, Vermont & Mass RR, Boston Electric Light, Globe Gaslight, Farmers' Loan and Trust, Chicago Holding notes, and railroad issues from Evansville St Louis to Union Pacific. Also notes New York stock sales with total shares traded and price data.
MENTIONED IN THIS ARTICLE
Mining and Stock Exchange
Boston
Do Nat. Heating Co
Adm
Concord & Mont. BK
Old. Ou
Lincoln Nat
Do Ark. Valley Town and Land Co
Dac Manuf
M. Ins. Co
Heropolitan Nat. Bank
Old Lowell Nat
Lowell
Mass
Continental Mills
Vermont & Mass. RR
Lynn & Boston H. RR
Hyres Beating Co
Bay State Live Ltoes Co
Boston & Sandwich Glass Co
Globe Gaslight Co
Farmers’ Loan and Tr. Co
Kansas
Douglas Axe Co
Chucago Rolling Mills
Boston Electric Light Co
Cochece Mfg. Co
Appleton Mig. Co
New Market Mig. Co
Mare
Vermont & Maas
Cambridge Gas Lt
Boston Gas Lt
M. E. Glass Co
Ocean N. Bk
Newburport
Granite State N. Bk
Exeter
N. H
End XII
Bis
Hopkinton
Bay State N. Bk
Lawrence, Mars
Tremont N. Bk
Mercantile Fire and Marine Ins. Co
Rockwort Granite Co
Hamilton Woollen Mills
Ames Sword Co
Shawmut N. Bk
Paar N. BK
Doppleton Co
Oh Copee Mfg. Co
Clinton Mills
AAS Cotton Mills
Do. Saco Water Power and Machine Co
Eel River RR
Middlesex Co
State St. Exchange
Wakefield Rattan Co
Boston Daily Advertiser Co
American Fire & Marine Ins. Co
Portlana, S.co
Portsmouth RR
Quincey RR
Cheshire RR
Conn
Passuapste Rivers, RR
N. Car
Portsmouth
Falls & Conway RR
Worcester, Nashua & Rochester RR
Boston & Lowell RR
Boston & Maine RR
Atchison
Top
Santa Fes
Burlington & Mo
Neb. RR
L. G
Wichita
Western Ith
Union Pacific RR. Co
New York
Foreign Markets and Bank of England Bullion Report
London trading shows Consols at 96.5 on money and 96 5 16 on account with various securities quoted including Atlantic & Great Western and Mexican issues. Paris 8 percent rentes for the account. Bank of England bullion on balance today totals 11,000 pounds. Berlin notes imperial bank specie up 1,420,000 marks.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canadian Pacific
Erie
St. Paul
Pennsylvania
New York Central
Reading
Paris
Bank of England
Berlin
Imperial Bank of Germany
New York Markets Drift Lower Amid Dull Trade
The New York stock market showed dull, then firmer tones after noon, with declines in many issues. Omaha preferred dropped about 2% amid light trading, while Lackawanna and Lake Shore led losses. By late day the market recovered slightly but closed near the day’s lows with rail and government bonds generally dull, some gains in a few issues, and total bond sales around $628,000.
MENTIONED IN THIS ARTICLE
New York
Lackawanna
St. Paul
Reading
Omaha
Lake Shore
Prime Mercantile Paper
Barsilver
Sterling Exchange
Atlantic & Pacific
Jersey Central
Long Dock
Shenandoah Valley
Metropolitan
Utah Southern General
Richmond& Danville
Bond market snapshot with varied yields and mining names
A dense list of Bond issues and yields across multiple issuers including Canadian government and U.S. rail and utility bonds. Numerous percent figures span 110s to 60s with notes on debentures and preferreds. Mining stocks show names such as Amador, Mexican, Bodie, and Homestake among others.
Oregon & Transcontinental assets list and rail news
Assets of the Oregon & Transcontinental company total 19.93 million with net assets 13.73 million and per share value 34.33. St Albans Vermont reports building two large warehouses with 10 000 barrel capacity to aid New England distribution. Pierseurs Pennsylvania notes a Chicago meeting of the Central Traffic Association to restore east bound rates, proposing higher beef and cattle rates and a grain rate adjustment.
MENTIONED IN THIS ARTICLE
Oregon & Transcontinental Company
Oregon Railway and Navigation
Northern Pacific Preferred
Northern Pacific Common
Oregon Transcontinental
Oregon Improvemen
Wisconsin Central Common
Puget Sound Railroad
St. Paul & Northern Pacific Railroad
Wisconsin Central First
Oregon
St. Albans
Central
Trunk Line Association
Correcting an inequality in wool and worsted tariffs
A Woollen Goods Association committee will visit Washington to push for a tariff adjustment placing wools and worsteds on the same basis. Current duties differ 35 percent for wool and 22 percent for worsted, though fabrics are alike. advocates expect swift passage of the resolution.
MENTIONED IN THIS ARTICLE
N. Y
Republican Tariff Commission
Breckinridge
House
Wheat Growing Fields in Alaska Reported by Sitka Recipient
Sitka letter to the New York Times describes Yukon valley as a verdant frontier with redtop and blue grass thriving. Fort Yukon experiments show wheat oats and rye can be grown across the valley, ripening on time, with claims the wheat could feed the world though noted as exaggerated. The writer notes vast arable soil, forty to sixty miles wide in places, awaiting hardy settlers to develop cereal agriculture as civilization arrives.
MENTIONED IN THIS ARTICLE
Sitka
N. Y
Yukon
Itsell
Horrible Explosive Rumors From London Letter
A London letter discusses bellite, named after Lothean Bell & Co, claimed to be three times as powerful as dynamite with less danger. It notes skepticism about military powders, mentions a gelatinous cake form to prevent particle separation in long transports, and doubts over practical use and safety.
MENTIONED IN THIS ARTICLE
London
N. ¥. Yimes
Middlesborough
Lothean, Bell & Co
Trade and agency listings for firms across cities
Augusta Georgia based White of Job White and Company. Chicago firms include WW Brooks of Brooks Bros Tre Chicago. MD Wells of MD Wells and Co. Phelps Dodge and Palmer. Cleveland firms Q H B Childs of Childs Groff and Co. Adams and Ford. Boia Liala Armsden of Large and Amsden. Penn Durland of Durland Thompson 20 Ain. Kansas City J P Sidwell with WW Kendall and Ludy Tis Becker. Rose kone Wollner of Wollner and Lowenstein. New York James Warnock. Favinees of Lowenberg and Hecht Tre San Francisco Cahn Mickelsberg Co Rd. Oppenheimer Weil Co. Rehfisch Boot and Shoe Co. Kehfisch of Rehfisch Boots. St Joseph AD Smith of Smith Frazier B Company Ven Stous AM Hamilton Brown Shoe Co.
MENTIONED IN THIS ARTICLE
Augusta
T White
Job White & Co
Chicago
Brooks
Brooks Bros
R Wells
MD Wells & Co
Dodge
Phelps, Dodge & Palmer
Cleveland
Childs
Groff & Co
Ford
Adams & Ford
Boia Liala
M R Armsden
Large & Amsden
Sue Penn
C Durland
Durland
Thompson
Ain
Kansas City
J P Sidwell
Kendall
Ludy Tis
W Becker
Rose Kone Wolliner
Wollner & Lowenstein
James Warnock
Adortaise Favinees
Lowenberg & Hecht
Tre
San Francisco
Cal
M S Cahn
Cahn, Mickelsberg Co
L Oprenhsimer
Oppenheimer, Weil & Co
San. Francisco
P Kehfisch
Rehfisch Boot and Shoe Co
St Joseph
JT Smith
Smith
Frazier B Company
Ven
Stous
A D Brown
Hamilton-Brown Shoe Co
Market Notes From a Dull to Steady Commodities Day
Commercial matters show widespread quiet and firmness across staples. Iron unchanged copper quiet tin steady flour improves oats firm corn steady potatoes quiet eggs unchanged pork active lard firm and beef quiet. livestock mixed with hogs unchanged and veals steady while tallow very firm and sugars unchanged.
The Metal Market Review From The Week
The market for pig iron remains firm with steady prices and active interest from Ohio River mills. Sales totalled about 40 000 tons in Cincinnati last week as western and eastern producers anticipate demand. iron ore shipments exceed 71 000 tons year over year while crude iron inquiry remains strong in Ohio. Prices for steel rail edge up with a Pennsylvania order of 40 000 tons at 28 dollars, and overall activity shows improved western iron and nails demand, with old rails and scrap moving cautiously and copper, zinc, and tin markets holding steady or firmer.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio River
Ohio
Bar
Louisville
Pennsylvania
Wheeling
Pennsylvania Railroad
Eastern Mills
Pittsburg Post
Gray Forge
London
Selinton
Summerlee
Gablisherrie
Langloan
Coltness
Norway
Shell
New England
Russia
Baltimore
Straits
Platte Wool Market Faces Slow Start in Buenos Ayres
Weather delays shearing as works resume in the coming fortnight. Goods expected from the camp are of good quality and light. Small lots sold in the Once market at 450 P10 ks and in the South market at 430 500. Quotations today show superior at 490 500 regular 470 interior 430. Bahia Blanca advices concur on market outlook.
MENTIONED IN THIS ARTICLE
Buenos Ayres
Superior
Bahia Blanca
Wool sales heat up Partido with varied Colorado and Pringles lots
Wool transactions in that Partido show brisk activity with 3000 kilos from Colorado selling at 3.70 per 10 kilos, 20000 kilos from Pringles at 4.12 per 10 kilos, and additional lots moving between 4.20 and 3.90 per 10 kilos.
MENTIONED IN THIS ARTICLE
Colorado
Pringles
Boston Markets Flour and Grain Prices Nov 26 1888
Visible supplies listed for wheat corn oats barley rye and prices in Boston Chicago and New York with stock figures for Nov 24 26 1887 1888. Market tone mixed steady with modest demand and expectations of active business in weeks ahead.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Dliga
St Louis
New York
Boston
Bush
Whos i
Speen
Ieee
Sush. Bush
COE
Minnesota
Michigan
Canada Superior
Canada Roller
Canada
City Mills
City
Milwaukee
Minneapolis
Northern
Duluth
Toledo
Baltimore
Detroit
Boston & Albany
Hoosac
Peoria
State
Auiwenkco
Also Mentioned on This Page
Fia Southern
Summit Branch
Louisville, Evansville & St. Louis
Chicago, Burlington & Quincy
Flint & Pere Marquette
Wisconsin Central System
Chicago & West Michigan
Lansing & Northern
Boston News Bureau
Nettleton
Memshis & Birmingham
Birmingham
Memphis
Ala
Chicago, Kansas &Western
Sonora
Little Rock & Fort
New York & New England
Eastern Common
Boston & Maine
Fitchburg Preferred
Central Massachusetts
West End Railway
Bell Telephone
San Diego
Frenchman’s Bay
Maverick
Calumet & Heela
Pewabie
Kearsarge
Boston & Montana
Franklin
East Lode
Kidder
Peabody
Devonshire Street
Nassau Street
Williams A CO
Boston Stock Exchange
Baba
Edison Tieminating Co
Hauitston Woollen Co
NeKav & Bigelow H. M. Asso
City of
Highland St. By. Co
Farmers L. & ‘K. Co
Alloncz
Arnold
Atlantic
Eevee
Bonanza Devel
Mont
Butte
Hecla A
Catalpa
Crescent
Dunkin
I Huron
Ironton
Bos National
Tamarack
Aspinwall
Boothbay
Aeee
Tg Ie
Pi Be Deans
Boylston Street
Ltookline
Campobello
Bay
Newport
Lamoine
Setee
Payson
Penobscot
Eseenee
Sullivan
Ewes
Topeka
West Eng
Vse
Ates
Winthrop
C.eeesseveves
Wollaston
Chi
Kan
C. & W. Mich
Lit. C
Mo & Ee P
D.D
Ks U
K. C
J&c
K. C Jay Spn. & M
Ea Tly
Ss Ene
Esa
LSBU
Ae Ee
Blin N.Y
N. E
Lolo View
St. Jo
G. J. Ga
Cen
Atlroad
Atch., Tor
Eeeae
Boston & Jowell Ee
Boston & Lovenee
Central of
River
Col. Sp
Fitchburg
Rae Ats Flint & P. M
K.C
PEEL
K.C & Sp
Old Colony
Summit
West Enid
Wis
Bell
Misce Sloaneou Ss
Fastman Car Teater
Bla Samson
Pullman Palace
T&s
Fetat
Bur & Mo
Bur & Quincy
Do’ Inc
Bell Tel
San Diego Land
Allonez
Cal & Hec
Kearaarge
Ont Sil Mining Co
Boston & Albany Ae
Access Jena Ae
Ons C.K S
Flint & Pere Mar
New Ene
Eae
Ortland Saco & Paes
B & N Bs
Allouez
A, & SF Col Teust
Ub Dol G
A & Pine
Chi, Buri & Nor
Allone
Hisissi
Osceola Ee
Males
Hwuron
Allouezre Ae
Boston & M
Venabie Gs
Wilver Wing
Siva
Ranklin
Nike
Ridge
South Side
Ste Mary
Bonanza
Burton
Huron
Ae Mesnard
Pontiac
Eels
I. H
Ati & Pacific
W& Aw
K&n
Pacific
Central Lowa
Central Pacific
Che
Isis
Gut Erie
Yoo
Tae
Fort Wayne
Rt. We
Deune
Ihuois
Nah. & Tex
Lou
N. A
UG Man. Beach
Man
Mem
Midh. Céntril
S,s. Eee
Imssex
Bela Sil Nash
Ess
J. Cent
Ohio & Diss
West
Oregon Navy
Dusbar
R, & W. P Tomayer
Sul
Lil St. van
St. 1
Texas Pacific
U, Pacific
Utica & Hi. RR
Energ . Atu
Ovexton Sm
Dh Oi Ae
Pacific Mail
K . Va
Aliman Val
Alerivan
Foreign Financial Markets
NEW York Financial
N.W
Ics
Erie Oagises
Pie M
Tex. Eco
Union
W.d.c. Int
Ae P. BR. G
U.P
N. W
Amador
North Star
Chis
Col. Coal
Plymouth
Con
Quicksilver
Tenn
Railroad Matters
Oregon & Transcontinental
Alaska
Lemand
Equist
Platte
Valparaiso
Boston Markets
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