Money market steadies as October disbursements push rates
Boston markets show firmer money market with rates up to 6 percent at times and New York funds at a 15 cent discount. Treasury holdings and weekly Imperial Bank figures frame a backdrop of strong financial activity including large bond offerings and aCity of Boston loan bid invite. Atchison dividend spurs panic in local stocks, with heavy trading and widespread declines across rail and related issues.
Auction Sales at Boston Stock Exchange 1888 List
Auction sales listing numerous stocks and bonds to be sold on Wednesday Oct 8 1888 by order of administrators executors and trustees across railroads banks manufactories and utilities including Michigan Central Oregon Fort Smith and Ogdensburg lines along with various mill and mercantile shares and corporate debentures from Lockwood Co to American Bell Telephone Co and related collateral notes.
MENTIONED IN THIS ARTICLE
Lockwood Co
Waterville
New England Mort, Sec. Co
de Kilot Nat. Bank
Dedham N. Bank
Dedham
Mass
Hamilton Woollen Co
Douglas Axe Mfg
Suffolk Mfg
Wainwright Mg. Co
Maine Cent. RR
Cheshire RR
Adm
A & Fort Smith RR. Co
Lombard Investment Co
Busell Trimmer Co
Continental Mill
West End St. Ky. Co
Old Colony RR. Co
Ogdensburg & L. Cham
Fitchburg
Rouland
Hide and A Bank
Shares Merchants
Equitable Mort. Co
Kansas City
Boylston Nat. Bank
Boston
Mfg. Co
Hadley Mfg. Co
First N
Bank Chelsea
Do Merchandise. Bank
Atlantic Cotton Mills
Stark Mills
Amoskeag Mfg. Co
Do Lyman Mills
Hamilton Woollen Mills
Do Hill Mig. Co
Fitchburg RR
Boston & Maine RR. Co
West Michigan Lumber Co
Oakland Garden Ase
Lombard
Consolidated RR
Do Chicopee Mfg. Co. —Ag
Synchronous Ae Co
N. Bk
Dig
Do Everett Mills
Do State N. Bk
American Bell Telephone Co
J. Paul, Minneapolis & Manitoba
Fitenburg RR
Chicago, Burl. & Northern RR
Lowell Mfg. Co
Lawrence Mfg
Boston & Ant RR
Manufacturers’ Ins. Co
Boston Storage Warehouse Co
Boston Lead Mfg. Co
Lewis Wharf Co
Laconta Mig. Co
Cocheco Mig. Co
Nashua Mig
Se & West Indiana RR
Dedham Water Co
Dividends Declared by Multiple Banks and Company
Several banks announce dividends including Asiatic National Bank Salem eight percent Georgetown National Bank eight percent Bristol County Savings Taunton two percent Pacific National Nantucket 3.44 percent Ocean National Newburyport three percent Atchison Reece Buttonhole Machine Company directors declare twelve and one half percent dividend payable November fifteenth to stockholders of record October tenth.
MENTIONED IN THIS ARTICLE
Asiatic National Bank
Salem
Georgetown National Bank
Bristol County Savings Bank
Taunton
Pacific National Bank
Nantucket
Ocean National Bank
Newburyport
Reece Buttonhole Machine Company
Atchison
New York Financial Markets Show Mixed Strength In Trading
Money on call eased from 1 1/2 to 4 percent with last loans quoted at 1/2. Sterling exchange dull at 4.83% for 60 days and 4.8742 for demand. Government bonds quiet. railroad bonds active but barely steady. Stocks opened down but rallied, led by Richmond & West Point and Union Pacific, then softened after 1 p.m. before a late drift higher. Total railroad bond dealings around 1.7 million with Chesapeake & Ohio leading currency certificates. Prices generally firm to strong with several issues advancing, while some names retraced gains.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
New Orleans
Charleston
Savannah
United States
National Bank
Imperial Bank of Germany
Turner
City of
Dids
Alfred T. Turner
Mass
Atchison
Messrs
Parkinson & Burr
Burlington & Quincy
Union Pacific
Chicago, Arlington & Northern
California Southern
Oregon Short Line
Atlantic & Pacific
Pullman
Palace
Cincinnati
Bandusky & Cleveland
Tennessee
Virginia
Sonora
Oregon
Southern Kansas
Denver
Consolidated Vermont 5S Co
New England
Prime Mercantile
Sterling Exchange
Richmond & West Point
Chesapeake & Ohio
Reading
Richmond
Lake Shore
Alton & Terre Haute
Tennessee Coal
Birmingham
Lackawanna
Denver & Rio Grande Western
New York Central
New York & Northern
New York Stock Sales Report October 2
New York stock sales show total 391,001 shares traded today. The report lists shares sold by major brokers and companies with figures reflecting market activity and liquidity for the session.
MENTIONED IN THIS ARTICLE
New York
London financial market report and Berlin bank balance
London quotes Consols at 96 16 for money and 96 13 16 for the November account. US 4 42s at 1108. Atlantic & Great Western firsts 43. Canadian Pacific 59 4. Erie 30 1 2. Erie seconds 104 1 2. Illinois Central 121. Mexican ordinary 50 1 2. New York Central 112 58. Reading 27. Money 342.3% per cent discount 4 per cent. Paris routes at 82 87% francs for the account. bullion into Bank of England today £46,000. Berlin shows Imperial Bank of Germany specie down 44,882,000 marks.
MENTIONED IN THIS ARTICLE
Allovez
Seus
Arnold
Atlantic
Bonanza Devel’t
B. & Mont
Cal
Hecla
Wee
Cataipa
Crescent
Central
Pc Franklin
Z Irontone
Kearsarge
AL Idge
Tamarack
Land Companiexs
Aspinwall
Boothbay
Boston
Boston W.P
Boylston Street
Brookline
Campobello
E. Vg
French Bay
Maverick
Newport
Lamoine
Payson Ae
Penobscot Weer
San Diego
Cecseevess
Quy Sullivan
Evsses “Ee
Topeka
Westfind
Vo Winthrop
Cscees
Wollaston
Bonds Atchison
L. G
At. & Pao
Do Inc
Kan. & W
C. & W. Mich
Con. Vt
D. D
Elk H
K. C
Ft. 8
Silve K. C
K.C
C. B
S. P
N.Y
N. E
Cosvilhao
Oregon
L. C. Con
A. V
Rutland
Sonora
Atch
Top. & S. Feve
Atlantic & Pacific
Boston & Albany
Eree
Boston & Lowell
Leet Kane
Boston & Maine
Eves Blo
Bosten & Prov
Central of Mass
Fitchburg M. Com
Flint & P
Old Colony
Summit Branch
Union Pacific
West End
Cee Telephones
Am. Bell
Erie
Eastman Car
Ween
Samson Store
Pullman Palace
London
United States
Atlantic & Great Western
Canadian Pacific
Inois Central
New York Central
Reading
Paris
Bank of England
Berlin
Bank of
Germany
Boot and Shoe Buyers in Town in Atlanta and Across States
Lists numerous buyers and firms from Atlanta to Baltimore and beyond, including E Butes & Co in Atlanta, Moore Marsh & Co in Altoona, Fox & Curtis in Baltimore, and many others across Pittsburgh, Cincinnati, Chicago, Cleveland, and St Louis. The notice also mentions G W Simmons & Co. at 32 to 44 North street as a source for equipment for hunters and sportsmen.
MENTIONED IN THIS ARTICLE
Atlanta
E Kingsbery
E Butes & Co
J Asmith
Moore, Marsh & Qo
Altoona
Penn—Glox
Fox & Curtis
Sears
J Mullen, Jr
Tucker, Smith & C
Baltimore
E D Dixon
Allnutt, Nixon & Goldsborough, Craw
Buffalo
Tf Ramsdell
S M Sweet
OP Ramsdell
CG MacLauchlan
Selz
Macon
S J Coleman
E B Harris
ST Coleman, Burden & Co
Memphis
Penn
J M Goodbar
Goodbar & Co
Tre
Mt Pleasant
H Strickler
Onaha
K Meironeot
Morse & Co
Portsmouth
Tracy
CP Tracy & Co
Alase Penn
A M Betknap
Shumway
G. W. Simmons & Co
North Street
Market Report From Grain to Meat Prices
The commodity note shows mixed demand with corn and rye dull or unchanged while oats and rye flour stay steady. Meat products remain firm or steady with pork and lard strong, eggs and butter firm, and vegetables like potatoes and grapes showing active or plentiful supply.
London wool sales report shows strong demand for greasy wools
London observers noted lively activity at the wool sales on October 2 with heavy competition for greasy wools while scoured lots softened. Out of 11 726 bales offered, about 10 000 had been withdrawn to date, and prices varied by region from Victoria to New Zealand and Cape of Good Hope.
MENTIONED IN THIS ARTICLE
London
Victoria
New South Wales
Queensland
South Australia
Tasmania
New Zealand
Cape
Hope
Natal
Lumber Market Notes at James & Abbot Lumber Yard
The James & Abbot market at 4 Liberty Square shows steady prices with fair demand for Eastern lumber and good demand for spruce. Western lumber is quiet with liberal supplies. hardwoods remain firm, especially black walnut. shingles, clapboards, and various pine products move at mixed levels amid freight tensions to Southern ports.
MENTIONED IN THIS ARTICLE
Hemlock
Pennsylvania
Canada
Indiana
Michigan
Flour and Grain Prices Reach Record Levels in Chicago Markets
The report details carload grain prices with domestic flour firm and rising, driven by advanced wheat. Spring patents sold at $7 per barrel equivalents, with futures and spot quotes across New York Chicago and Milwaukee. Across cereals, corn and oats show dull to steady demand, while rye and millfeed hold firm and steady demand persists for bag meal and oatmeal.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Canada Superior
Canada Roller
Canada
New York
City Mills
Chicago
St Louis
Milwaukee
Milwauke
Toledo
Minnepolis
Che Mar
Peoria
White State
Choice
Butter Market Steady as Creameries Firm on Arrival
Butter market remains steady with choice fresh creameries firm and in demand upon arrival. Supply is tight while common grades are plentiful, keeping overall market conditions balanced. Sellers report a read sale upon receipt, signaling cautious buyer interest.
Also Mentioned on This Page
Roberts
Scranton
King of Erie
West Shore
Ontario & Western
Jersey Central
Campbell Hall
Lehigh & Hudson Division
Greycourt
Eastern
Lamson
San Diego Land
San Diego Land and
Frenchman’s Bay
Calumet & Hecla
Franklin
Osceola
National
Allouez
Reil
Bos & Lowell
Maine
Sss
Oeeve
Wis
T&sf
B & N Bs
Kan & West Bs
de Luc
Mexican Cent Inc
Ny&ne
Utah
West End Land
B & Mont
Missouri
Tee
Union
The
Boston Stock Exchange
Essex RR
St. Et & Lake Champ. RR
Blackstone Nat. Bank
Peston Gas Light Co
Do Dorchester Gas Light Co
Chic
Bur. & Quincy Rh
Metropolitan Nat. Bank
Bur
Mo. K. RR
Ogdensburg & Lake Cham, Rk
Consol. Mort
Wilmington & Balt
B&b
Continental Nat. Bank
Reece Button Hole M. Co
Concord & Mont
Consol
Androscoggin & Kennebec
Androscoggin & Kennebec RR
Too Trunk
Omaha & So
Western RR
Portland, Saco & Ports
Fichburg RR
Naumkeag Steam Cotton Co
Second Natl Bank
Atlas Natl. Bank
MekKay & Bigelow H. M. Asso
Merchandise Nath. Bank
Concord &Mont
Consol, Mort
Ogdenaburg & L. Cham. RR
Nashua Mfg. Co
Freeman's Nath. Bank
Springfield & Cinn
N. Rockland Bank
West Tnd &J. Ry. Co
First Nat. Bank
Manchester Mills
Champion Lion Co
Middlesex Co
Pacific Mills
Lowell Machine Shop
Cocheco Mfg. Co
Peace Rolling Machine Co
West Michigan Ry. Co
Current River RR
Enek
Freeman’s N.ick. —Dby
Iea
Boston & Alba Wnrr. Co. Tag
Do N. Sewing Machine Co
India Mat
Ins
Serip
St. P. C
P. C
Adams
Coe
Aes
American
Weils Fargo
Amador
Ontario
Rodle
Leo Ophir
Plutus
Col. Coal
Quicksilver
Con. C
Crown Point
S. Nevada
Deadwoou T
Silver King
Exchequer
Sutter Creek
Bo Hock
Tenn. C
Homestake
Il Union Con
Alt
T. Bilisci
At. & Pacific
Ly & Air Line
Can
Pacific
Sane
Gan
Ches
Ohio
Chi
Alton
Mn & D
Col
del, & H
Cease
Bel, & L
Long Island
Clit Lou
Ig Lou
Man
Beach
de Man
St . Ee
Dog M
Nash, & Chat
N. J. Cent
Nor
Pac
NASA
West
Pittsburg
Liich. & A
Rock Island
Poly Rome
W. St
I Tol. & O
A. Hi
Pacific Mail
Pullman Pal
W. Union
G. W
Erie Ads
T. G. Gs
N. P
N. W
Omaha Horse Railway
Harris
Bankers
Devonshire Street
Williams & CO
A, T&s
Maw & & Pan
Ry & Nav
Pueblo & Ark Vales
Lee Ennee
Lainaons
San Triego
Grand Rapids
Duluth
Minn
City of Columbus
Manistee
Mich
Clinton
City of Concord
N. H
Ity
Evansville
Ind
Water Works Bonds
G. H. Venner & Co
Congress ST
Mining and Stock Exchange
Rappa
Aztec
St. Mary
Oy Sa
Bonanza Lig Ling
Breece
South Side
Bruns
Wash
Catalpa
Winthrop
Elect
Burton
Dunkin
Eureka
Everett
NEW York Financial
California
Alta
Ophir
Leotf Best & Belcher A
Potosl
Savage Bea Ava
Sierra Nevada
Ceily Sle
Crown Point Ee Enee
Gould & Curry
Commonwealth
Hal & Norcross
North Belle Isle
Foreign Financial Markets
Pittsburg, Penn
A S Scott
W Curtis
Curtis, Jones & Co
Hichaiond, Va
Stern
Stern & Co
St Lous
D H Schafer
Scnater, Swarts & Co
T Kelley
Kelley, Goodfellow & 30
A W Allen
Claflin-Allen Shoe Co
W H Dittman
G F
Dittman B&s Co
A H Clark
J M Vimont
Clark Shoe Co
St Joseph
W Noyes
Noyes
Norman & Co
U. St Paul
C Henry
Foot. Schulze & Co
Einstein
C Smith
Smith, Simmons & Peabody
RB Lee
Childs, Lee & Danian
Rodgers
Dewey
Rodgers Xe Co
J. HE. Carter & CO
Bankers & Commission
Washington St
London Wool Sales
Chicago Markets
Farnum, Reardon & Co
Ing
James & Abbot
Liberty Square
Walstein R. Chester & GO
Wholesa’e Lumber Dealers
John E
OCE