Money market steadies after early Boston funding spike
The Boston money market opens firm with Clearing House rates up to 6 percent driven by creditor banks to tighten supply. Time loans rise modestly to around 5.6 percent while call loans with collateral up. New York funds ease from 15 18 percent to 4 6 by close as markets anticipate gradual relief.
Regional Bank and Railway Dividends Listed
The list shows multiple dividends declared by New York and New England Railroad Company, Stockton Piano & Organ, Jockton National Bank, Girard Fire & Marine Insurance, Salem National Bank and others. Payouts range from 2% to 47% with various payable dates in Oct and Nov.
MENTIONED IN THIS ARTICLE
New York & New England Railroad Company
Sonic Piano & Organ Company
Jockton National Bank
Girard Fire & Marine Insurance Company
Salem National Bank of Salem
Naumkeag National Bank of Salem
Merchants’ National Bank of Salem
Asiatic National Bank of Salem
Plum Island Street Railway Company
Merchants’ National Bank
Newburyport
Central National Bank of Worcester
Powow River National Bank
First National Bank
Cambridge
Missouri Pacific
Long Island
Auction Sale List of Stocks by Order of Administrators and Executors
Auction sales scheduled for Wednesday October 2 1889 feature items by multiple entities including Chicago Burlington Quincy RR Concord RR Shoe & Leather National Bank Reeze Buttands Machine Co and numerous banks mills and railroad bonds. The catalog lists terms div on ex div and various securities such as city and railroad bonds with dates amounts and issuers across many states including Massachusetts New York Maine and Dakota territories.
MENTIONED IN THIS ARTICLE
Chicago, Burlington & Quincy RR
Concord RR
Shoe & Leather Nat. Bank
Reeze Buttands Machine Co
Holyoke Water Power Co
Columbus, Springfield & Cincinnati
Merchandise Nat. Bank
State Nat. Bank
Lowell Mans. Co
Hill Mans. Co
Bos
Revere Peach & Lynn RR
Wakefield Rattan Co
Dakota Loan &Trust Co
Watertown
Dak
Security Investment Co
Yankton
Busell Trimmer Co
Lowell Manf. Co
McKay & Igelow Heeling Mach
Hill Manf. Co
Hamilton Woollen Co
Reece Hutton Hole Mach, Co
First Nat. Bank of Portland
Natimkeag Steam Cotton Co
Metropolitan Nat. Bank
Wamsnutta Mills
New Bedford
Mass
Nat
Webster Bank
G & T. Fairbanks & Co
Flint Mills
Fall River
Beverly Nat Bank
Beverly
Manchester Mills
Freeman’s Nat. Bank
Shoe & Leather
Union Investment Co
Kansas City
Boston & Colorado Smelting Co
Boston Rubber Co
Nat. Bank of Redemption
Wakefield Battan Co
Bay State Shoe Fastening Co
Pueblo Smelling & Refining Co
Showaiter Mortgage Co
McKay & Ligelow
Lansing & Northern RR
Burl, Cedar Rapids & North. RR
Chicago, Burl & Quincy RR
City of Newton
Ongensburg & Lake Champ. RR
Consol
Macoupin County
City of
Boston
M. L
Jacksonville
Tampa & Key West RR. Co. Coll
New England Mort. Security Co
Zeene Mort. Security Co
Gloucester Street RR. Co
Boston Water Power Co
Howerd Nat.bank
Nat.Car Co
Rutland RR
Chicago, Burlington & Quincy R.K. Co
C., B. & Q. R. Iowa Division
BE. Pratt
New York Financial Market Summary on Oct 1
Money on call tightens with rates 6 18, last loan 8, close 6 7. Gold and silver prices noted, with government and railroad bonds dull to firm. Market saw brief post-noon boost, Grangers under pressure, Manhattan down then recovers while sono and bonds remain in narrow ranges.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Burlington
Rock Island
Northwestern
Manhattan
Stock Exchange
Atchison
Milwaukee, Lake Shore & Western
Iron Mountain & Arkansas
Mutual Union
California Mining Stocks Close in San Francisco
Official closing prices list mining stocks in San Francisco on October 1. Ophir at 8.20, Crown Point 4.50, Gould & Curry 1.95, Sierra Nevada 2.60, Mexican 3.80, Yellow Jacket 3.10, and Con Cal. & Va. 3.80 among others.
MENTIONED IN THIS ARTICLE
New York
Ing
National Lead Trust
Viscseeses
Eae
North Chi
Koil Mill
Eoseee
Pal
Oregon
Thomson-Ouston Elec
Pittsburg
Wareh
Renests
Eeteasetve
Rich
Thomson Elec
Westinghouse Elec. Co
St. L. GS
St. Paul
St. P M M
Iit Iy St. Pe
Bens Pacific
Tol
Ls Pel
U. Pacific
Utica
B. Eene
VA W
Pacific Mail
Pullman Pal
W. Union
Sugar Trust
Aee Lead Trust
S. Nav
R.G
D& Tran
Ste
Erie
So. Kan. P
Tex. P. R. Mut
U. Pac
W. Shore
Cal. B. Hu
Ontario
Cotchis
Ophir
Oe Con. C. & Va
Quicksilver
Gig. Oy
Col. Coal
Csess
Savage
Aes
Homestake
U. Cop Ward
Lye Occidental
Ll. Checas
San Francisco
Cal
Ophir Re
Con
Foreign financial reports from London markets
London market note lists bond and stock prices on October 1 12:30 PM with Consols at 96 9 16 for money 96 1 2 for November, U S bonds 4s 129 3 4, Atlantic & Great Western firsts 3 4 %, Canadian Pacific 71 , Erie 30 , Erie seconds 106 %, St Louis Central 120 , Mexican ordinary 50 , St Paul common 74 1 2, New York Central 110 3 4, Reading 23 3 4, Mexican Central 69 . Discount rate 4 1 4 per cent.
MENTIONED IN THIS ARTICLE
Boston
N.Y
N. E
Rutland
Sonora
U.P P&l. C
Bellaves
Lamson
Anniston City
W.P
Newport Land
Eoveeveees
West End Land
Cscsee
Bos. & Mont
Maine
Fitchburg
N. Eee
S. Eenwee
Saco & P
Pullman Pal
Boston U. Gas
Re & M. Nebesex
K.C
L. C. Gen
Do Inc
Ball Tel
Cee Tease
Boston Land
Sullivan Harbor Land
Osceola Mining
Pewabie
Santa Fe Mining Este
Boston & Sesed
A., T. &S.feeee
Ne & Maine
Aeee
Cieve
N. Siees
Pneumatic Tool
Edison Phone
Toy
Fort Wayne Lee. Co
Mt. Des. & Mast
Land
Illinois Steel
SUV
Thom
Hous
Elec Ener
Exchange
Boston Stock Mining
Arnold
Atlantic
B. & Mon
Butte & Boston
Cal
Hecla
Catalpa
Seccess
Crescent
Franklin
Huron
Seer
Kearsurge
Nationa
Osceola
Quincy
Santa Fe
Tamarack
Land Companies
Aspinwall
Boothbay
W. P
Boylston Street
Brookline
East Keaton
Brench Bay
Vt Maverick
Zie
Newport
Payson
Penobscot
San Diego
Sullivan
West End
Winthrop
Wollaston
Atchison Ist
Pac
L. G. Ta
Kan
Renee
de D
Ao L. It
Oregon
New York
Pucob, & A. V
Southern Kansas Bs
Texas
Lovo Sa
St. Jo
AL «& Pacific
Atch
Top
Ss. F
Atchison
Rc Atlantic & Pacifl Ac
H. & Air L. Rm Wee
Boston & Albany
H., Penhe
Boston & Lowell
Boston & Maine
Boston & Prov
Ae Gan, So
He Bay
Cal, Southern
C., Co
St.l
Centralbot Mass
Ches
Ohio
Canton
Col
Sp. & Cin
Lowa
Fitefiburg
Chi. & KH. III
del. & H
Oaes
K. Co, Re. Scott & Gulf
Apes del
L. Sad
Hen
Heiss
D T
Ft. W
K. C
East Tenn
Cives
L. E
Houston
Old Coloniae
Tex
Summit
Union Pacific
Siete Coess
Lake Shore
Long Island
Wisconsin
A. & Nash
Louis
Man
Beach
Bell
Heibe
Pacific
Lamson Store
Very. Co
Pullman Palace Car Co
Nash, S
N. J
Cotton Oil Trust
Weer
Pneumatic Tool Co
Bay State Gas
Northwest
Ee Stock Car Co
Ined & Pelsane
Ohio & Miss
Illinois Steel Co
Mt. Desert & East Shore
Malden Electric Co
London
United States
Atlantic & Great Western
Canadian Pacific
Erie
Sinois Central
St. Paul
New York Central
Pennsylvania
Reading
Mexican Central News
Insolvencies Hit Small Manufactures and Firms Across Cities
Dubin and Carroll cigar makers at No 8 Central Wharf enter insolvency with 124.77 in stock and 3533 cash against 13110 owed plus 4500 in notes. Springfield Bicycle Manufacturing Co faces about 654000 in liabilities with 9000 in allegedly preferred claims recoverable. Jacob Levi Kansas City clothier assigns for creditors. Gibson Parish Co in Chicago reports embezzlement by bookkeeper Clifford ranging from 40000 to 100000.
MENTIONED IN THIS ARTICLE
Dubin
Carroll
Springfield Bicycle Manufacturing Company
Columbus Avenue
Jacob Levi
Kansas City
Gibson Parish & Co
Chicago
Parish
Clifford
James Bodwell
Gardner, Mass
David Doolan, Jr
Chace & Bateman
Providence
R. L
Tod. W. McWilliams
Thomas W. Dunlap
Audubon
Boston Chamber of Commerce Holds Fourth Annual Meeting
The Boston Chamber of Commerce held its fourth annual meeting with Hon. Alden Speare presiding. Reports showed funds totaling 156 908 55 with gains in general, grain inspection and gratuity funds. Thirteen members died in the year, thirty-five since the gratuity plan began, and 40 certificates were transferred. New certificates bring outstanding to 833, sixteen not in gratuity. Officers elected: President Alden Speare, Vice President Wallace F. Robinson, Treasurer Frederick N. Cheney, Directors Edward R. DeLong Edward M. Whitney Edward B. Hosmer Dana I. McIntire and George A. Allison to fill vacancy.
MENTIONED IN THIS ARTICLE
Chamber OF Commerce
Boston Chamber of Commerce
Alden Speare
Board of Arbitration
Wallace F. Robinson
Frederick N. Cheney
Edward R. DeLong
Henry M. Whitney
Edward B. Hosmer
Dana I. McIntire
George A. Allison
Manchester Mills Stockholders Meet in New England
The Manchester Mills annual meeting led by Samuel R. Rayson of Boston reported yearly production of 29,170,130 yards cotton and worsted cloth, 52,229,343 yards printed and dyed, and 67,150,257 yards sold with gross sales of $4,721,205.03. There are 1,150 looms on cotton and 1,790 on worsted, with quick capital at May 31 of $1,557,188.61. Four dividends of 2.4 percent each were paid. Directors named: Josiah S. Shannon clerk. Samuel R. Payson. Moody Currier. Benjamin P. Cheney. William O. Grover. Joseph H. White. Jacob Edwards. Henry Woods.
MENTIONED IN THIS ARTICLE
Manchester
N.H
Manchester Mills
Samuel R. Rayson
Boston
Josiah S. Shannon
Samuel R. Payson
Moody Currier
Benjamin P. Cheney
William O. Grover
Joseph H. White
Jacob Edwards
Henry Woods
Dr. Pierce’s Golden Medical Discovery Promises Cure Of Liver Lung Ailments
Advertises Dr. Pierce’s Golden Medical Discovery as guaranteed to cure liver bile disorders skin diseases and lung scrofula with money refund if not. Claims $500 reward for an incurable catarrh case offered by Dr. Sage’s Remedy backers.
MENTIONED IN THIS ARTICLE
Pierce
Golden Medical
Dr. Sage
Market Report Highlights Mixed Agricultural Commodities
Commodity notes show strong lumber coal flour and butter firm prices while corn oats and several grains move slowly. Livestock like pork lard and cattle stay steady with quiet or slow trends across hay straw molasses and sugars.
Print cloth market steady at 35c for spot and futures
Fall River reports the print cloth market has fallen to 35 cents for both spot and futures, with quotations holding firm at that level.
MENTIONED IN THIS ARTICLE
Fallriver
Wool sales in London brisk with strong competition
At the London wool sales on October 1 a total of 14 761 bales were offered with brisk bidding. Prices varied by origin and preparation, including Victoria New South Wales Queensland and other regions for scoured greasy and locks and pieces, with values ranging from 6d to 1s 9d and higher for certain lots.
MENTIONED IN THIS ARTICLE
London
Oria
New South Wales
Ocensland
South Australia
New Zealand
Cape of Good Hope
Market swings in option and grain futures on October press
Chicago markets report December wheat at 82 1 4 cents with a bull surge tied to light tomorrow estimates and foreign buying. Corn eases with large October deliveries while pork and hog futures show volatility amid big packer receipts and thin export demand.
MENTIONED IN THIS ARTICLE
Burlington
Chicago
Union Pacific
Wisconsin Central
Oregon Short Line
Mexican Central
Gilman, Cheney & Co
Boston
Liverpool
North
Lumber Demand Steady as Southern Pine Leads Trade
James and Abbot report lumber demand steady with small lot transactions and limited price shifts. Southern pine continues firm with mills near full capacity and strong consumption from New England construction. Two cargoes totaling 744000 feet arrived, mostly hard pine, with stockpiling and pre-arranged sales. An extra Savannah Boston steamer starts November 1, delivering freight every four days to meet quick orders.
MENTIONED IN THIS ARTICLE
New England
Savannah
Boston
Atlantic
Gulf Ports
Pennsylvania
South
Also Mentioned on This Page
Clearing House
Sub-Treasury
New York Clearing House
St. Louis
Telegraph
New Orleans
Charleston
City of Concord
N. H
George A. Fernard & Co
Messrs
August Belmont & Co
South America
Argentine Republic
Kidder, Peabody & Co
California
Comany
Boson Safe Deposit & Trust Company
Tranfer
A. Glasier
Chicago, Kansas & Westerns
Chicago, Burlington & Quincy
Sclentenant
Inc
Eastern
West End Land Company
West End Street Railway
American Loan & Trust Company
Bell Telephone
Flint & Pere Marquette Railroad CO
Port Huron Division
Central Trust Company OF New York
Port Huron
Seaboard
Flint & Pere Marquette Co
J. W. Mackintosh & 60
Moston Stock Exchange
St Mark Street
Municipal Boads
Detroit
Mich
Omaha
Neb
St. Louis County
Minn
West Bay City
San Antonio
St. Cloud
Reno County
Danville
W. W. Harris & CO
City of Boston
City of Worcester
City of Pawtucket
City of Waltham
City of St. Cloud
City of St. Paul
City of Chicago
Ate Street
Foote & French
Congress Street
Boston Stock Exchange
Boston U
Wey Are
UD C
Cone KK
Kers’ BO
Miscellaneous Stock Exchange
SALES
Bok KS
Wilson W. Fay & Co
State Street
Nat’l Mortage & Debenture
Tool
Don Enrique
Boston Water Power
National
Geyser Mim
Sa. Pref
NEW York Financial
Farnum, Reardon & Co
Minneapolis
Northern
St Louis
James & Abbot
Liberty Square
J.C. Davis & CO
Sciool Street
John Jeffries & Sons
Devonshire Street
J. French & Son
Washington Street
State National Bank OF Boston
Geo. B. Warren
Orr
Colorado
Nebraska
Kansas
Chicago, Burlington & Quincy Railroad Company
Iowa Division
American Tontine Investment Union
Broadway
William Montgomery
Eastern Massachusettss
Milk Street
Bios
the Eastern Banking CO
Francis A. Osborn
T. Merrihew
Mortgage Bank and Investment Company of
Fargo
Daker
First National Bank of Minot