Financial Market Summary from New York Oct 2
New York financial desk reports quiet money on call and firm sterling. Government, railroad bonds steady. stock market opened strong but drifted heavy, with New England and Western Union leading gains and St Paul lagging. Weekly volume 2.6 million, notable gains in Michigan Central and New York Central while skips in Oregon Navigation.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Barsilver
Sterling Exchange
New England
Oregon
Western Union
Jersey Central
New York Central
Michigan Central
St. Paul
Tre
Central
Detroit
Mackinac & Marquette
Midland
Jersey
Green Bay
Minneapolis
St. Louis
New Orleans Pacific
Trust
Rome, Watertown & Ogdensburg Carsels
Ponday
Canada Southern
Oie
Delaware
L&w
Délaware& Hudson
Denver & Rio Grande
Kansas & Texas
Lake Shore
Louisville & Nashville
Manhattan
Missouri Pacific
Mevinkis
Charleston
Northswest
Hig Cow
New Jersey Central
Northern Pacific
Hic
Mississippi
Ontario & Western
Pueie
NHN
Loselo
Peoria
St. Paul & Omaha
Texas
Union Packaes
Wabash Pacific
Gil’ Oregon
Transcontinental
Money Market and Clearinghouse Totals in Boston and New York
The Boston money market shows funds tight with call loans at 4.5 to 5.5 percent and time loans around 6 to 7 percent. Clearinghouse exchanges total 18,446,617 today, 380,809,719 for the week. New York daily clears 31,39,413,000 with balances 7,541,900. Government securities steady, foreign exchange weak, and bank statements reveal deficits in specie and increased loans and circulation, narrowing excess reserves. Major gains in New York & New England and other rail stocks drive a buoyant but cautious market tone across Boston and national markets.
MENTIONED IN THIS ARTICLE
Boston
New York
Treasury
Indianapolis
Omaha
Minneapolis
Columbus
Torcester
Springfield
Pittsburg
Galveston
Boston Post
United States
Bell to Acquire Providence Territory, Says Sunday Herald
A movement is reported for the American Bell Telephone Company to purchase the Providence territory, one of the largest exchanges with over 5,000 subscribers. The Bell company holds no Providence stock, though Providence is a licensee. Market notes include Erie at 27.34, New England at 41 and 41 1/2, and various mining and ingot prices.
MENTIONED IN THIS ARTICLE
New York
New England
N. Ein
Viand Ig
Chie., Burt. & North
Bar
Neb
American Bell Telephone
Boston
Atv
Chicago
Boston Water
San Diego Land Co
Franklin Mining
New England Telephone
Erie
Albany
Albany R
Street
Atlantic & Pacific Rose
Flint & Pere
Eastern
Bell Telephone Ee
Ee Ee
Erie Telephone
Aspinwall Land
Boston Land
San Diego Land
Boston Water Power
Atch., Top
Santa Fe
Go Brooks
Ware Atlantic & Pacific
Pt i
Aw Ao
Sia
Union Pacific Inking Fund
Ee Fe
K. C
Spr
Alem
New Eng
Ba Mort
S. Fe
Atlantic
Pacific
Boston & Allany
Maine
California Southern
Central of Mass
The
Sunday Herald
American Bell Telephone Company
Providence
Bell Company
Providence Company
Franklin
Quincy
Osceola
Tamarack
New York Commercial Bulletin
Canada
Arizona
Baltimore
London
Dividends Declared By Banks and Mills Across Cities
The Danvers National Bank and Merchants' National Bank in Salem announced dividends of 2 and 3 percent respectively. The tna Insurance Company in Hartford declared 4 percent, while Weetamoe Mill in Fall River and Mechanics' Mill in Fall River declared 2 and 14 percent. The Long Island Railroad Company declared a quarterly dividend of 1 percent.
MENTIONED IN THIS ARTICLE
Danvers National Bank
Tna Insurance Company
Hartford
Weetamoe Mill
Fall River
Mechanics’ Mill
Merchants’ National Bank
Salem
Long Island Railroad Company
Foreign Financial Markets in London Report
London reports show weekly discount at 24 2 points, money demand rising, and October dividends boosting liquidity. Trade appears to improve with expanding business in industrial centers, large US orders noted in Birmingham, and buoyant woollen trades at Leeds and Leicester. Stock exchange activity remains high though American railroad securities show undecided tone.
MENTIONED IN THIS ARTICLE
London
Canadian Pacific
Erie
St. Paul Common
Pennsylvania
Reading
Bank of England
America
Birmingham
Leeds
Leicester
The
Stock Exchange
Favorite Prescription Heals Womanly Ailments
The piece notes women often suffer melancholy and irritability from ailments specific to their sex. It claims Dr. Pierce's Favorite Prescription can remove the cause, restore joy, and act as a safe, pleasant tonic and nervine for debilitated women, calling it a great healer.
Market Report shows steady demand across commodities
Flour and oats remain quiet and unchanged while cornmeal holds firm with steady demand. Butter and cheese show brisk and firm markets. Beans, potatoes, and apples attract good demand. pork and lard sell well. Lambs firm, veals quiet, tallow dull, sugars steady, molasses quiet, and fresh beef very quiet.
Flour and grain at Atlantic ports weekly reports
Recounts show weekly receipts and prices for flour, wheat, corn, oats, and related grains across New York, Baltimore, Philadelphia, and Montreal. Data includes totals for week ended Sept 30 and Oct 9, with comparisons to prior periods, market notes on demand and prices, and detailed commodity quotations for flour, cornmeal, oats, rye, malt, hops, seeds, hay, potatoes, and produce. Major entities include New York, Baltimore, Philadelphia, Montreal, and various grain classes and price levels.
MENTIONED IN THIS ARTICLE
Atlantic
New Yorks
Baltimore
Philadelphia
Montreal
Sobos Diayel
America
Minnesota Bakers
New York Roller
Michigan Stone
Michigan Roller
Ohio
Indiana
Illinois
St. Louis
Minnesota
Wisconsin
Canada Superior
Canada
Bite Cole
New York
State
Market Report Highlights firm butter and cheese prices
The butter market remains firm with strong demand for Northern creamery items and higher prices for fancy lots. Mio cheese also shows firmness and good sales with fall prices being obtained. Eggs and Western creamery products show steady to firm prices as receipts remain light. In New York prices are unchanged, while beans, hay, potatoes, and other staples show varied activity.
MENTIONED IN THIS ARTICLE
Bartlett
Xeckles
Buerre de Anjous
Buete Bose
Sheldons
Butums
Louise Bonne de Jerseys
Salem
Chawba
Chicago
New York
Liverpool
Eastern Creamery
Vermont
East Extra
Western Choice
Michigan Choice
Nova Scotia
Choice
Island
Heans
Small
Bush
Ljarge
West
Hubbardston
Meat Market Prices Steady Amid Strong Demand and Mixed Beef
Pork and lard hold near last quotes with good demand. fresh beef dull yet steady. lambs sold quickly and higher. mutton dull but well supplied. Stock tables show 1886 figures for Chicago area provisions. Beef cuts and fresh meats list extensive prices for plates, ribs, tongues, hams, roasts, and veal with varied quality levels.
MENTIONED IN THIS ARTICLE
Chimgo
Zalzize
Extra Heavy
Hinds, LLC
Llawitiec
Brighton
Eastern Sutton
East
Worcester County
Cotton Market Quiet as Prices Hold Steady Across Regions
The market shows a steady tone with mid uplands and gulf quoted near 953 934c per pound accounts. Liverpool futures opened steady and closed easy across several months, while the spot market opened dull and closed unchanged for mid uplands and Orleans amid 8600 bales sold, with 4306 American. New York spot firm with 73,000 bales in stock, 51,000 American. Continental port imports this week at 6600 bales, indicating a decrease in the core figure.
MENTIONED IN THIS ARTICLE
Uplands
Gulf
Liverpool
Orleans
New York
Sia
CO Cabe
Great Britain
United States
Hamburg
Bremen
Amsterdam
Rotterdam
Antwerp
Havre
Marseilles
Barcelone
India
Egypt
Brazil
U.S
London
Also Mentioned on This Page
Boston Stock Exchange
Brokers’ Board
OG Sales
Gs Sranktin Mining
Quincy Minine
Bell Pelephone
England
Eee
Chison, Fopeka & San
Fe RR
Argu Cette R
Ieton & Quin
Tee Lozsz
Isconsin Central KR
Union Pacific R
Chicagco, Burlington
Central of Mass. i
Wisconsin Central Rp
Highland Horse ii
Atlantic & Pacific R
Old Colony
Landings Land Co
Quincy Mining
Oo BO
NEW York Financial
Joston & Albany
Dia
Chicara
Burlington
Lue
Astern
Ko Soa Fosse
Wan
Texas KR
Alexican Central Gt M
Ion
Coo Atlantic & Paemic
Atexican
Atch
Popeka
Ae Poston
Otis
St. x
Califoria
Cleveland
Canton
Laine Central
Texican Central
Easullman Palace
Cdo
Eliels
Ecea
West Michigan
San
Flint & Pere Marao
Falls & S
Little Rock & Ft Smith
Union Pacific
Wisconsin Central
Allouez A
Arnold . Eles
Bonanza
Cahnet
Hecine
Finron
Quincey
Cord
Dea
New York & Co
Rutland
R. S
Wisconsin Central R
Rock & Fort Smith
Mass
Pulham Palace
N.Y NS
State National Bank
Leather National Bank
Blackstone
Araitadiariee
Amory Mills
Bo Hamilton VY Oolen Mille Soo
Naumlheag Manuf
South Boston
Cambridge
Cambridve Horse Railroad
Maine Central
North Chicagwe Rolling Mills
Shoe and Leather Insurance Co
Amercan
Reece
Union
Fund $S
Allevan & G
Rapids
LO Srt
DOO Pleasant Hil
DeSotost
Globe National Bank
Massachusetts National Bank
National Bank
Washington National Bank
City National Bank
Ig Roy
Webster National Bank
Third National Bank
New Engilar
Nes Columbian National Bank
National Bank of North America
Hamilton Nacional Bank
Ri National Bank of Commerce
Shoe and Leather National Bank
Old Boston National Bank
Appleton Mills
Neemt
Hamilton Mir
Great Falls
Town Falls
Ouuxx Sty
Boston & Albany Ith
Boston Consolidated Street RR
Metropolitan Horse
Pere Foe Arses A Consolidated RR of Vermont
Epee
Cleveland & Canton
Maine Central RR
Maine & Texas Land Co
Boo Chiariestown
Bar Consol
RR of
New Eng. Mort. Security
Ogd
Lake Champ
Boston Art Club
New Eng. Mort
Rutland RR
Cedar Rapids
Dams
Alton & Terre Haute
American Express
Ns Pacific Mail
Aneda Ce Inc
Panama
Peoria Dee & Evans
Iowa
wDales
Central Pacific
Pullman Palace
Ches & Ohio
Osee
Rich & Adlecheny
Rich
Rich & West i
Chicaro & Alton
Roch & Pitisburg
St Loavis
St Paul, Pees
Cleve & c ‘Olumbus
Consolidated Cook
Jos Gale
St Para
Min & Man
del & Lack
Sy - den
Rio
Texas Pacific
East Ren
Wabash
L & Ue
Foy Way
Aoxas Heubion
Wells
Fargo
Hocking Valley
Kansas
Lake Erie
Long Island
Louisville
Manhattan Beach
Coe
Metaphis & Cheston
Metropolitan Eile
den & RG
den & RG West
Sts
Mulls & Word
Eo Co
Minn & SL
P & Pau
iBrieds
Gacy
Mobile & Ohio
Morris
Morris & I8sex. 440 Ansists Dendiv. Neé Nashville & Chatt
Northern Pac
Loo
Gig
Northwestern
Norfolk & West
St Paul Consuls
Pac
Wake Vex Pac Ltd
Colorado Coal
Hale & Coverees
Ilorn Silver
Ontario
lCon
Cala, & Va
Quicksilver
O'S
Plymath
North Belle Isle
Nies Rites Asd
Pope
Cincinnati
New Orleans
New York & New England
Bell Telephone
Mexican Central
Atchison
Atlantic & Pacific
Burlington & Northern
Oregon Transcontinental
Messrs. Clark, Ward & Co
House of Jones, McCormick & Kennett
Sonora
Tle Atlantic & Pacific
Strong
St. Joseph & Grand Island
Chicago, Burlington & Northern
Flint & Pere Marquette
Little Rock & Fort Smith
Missouri, Kansas & Texas
New Haven
Hartford Road
New England Road
New York Mail and Express
Clark
Hishop
Mrr. Hunt
Roberts
Danbury
Bliss
Boston & Albany
Boston & Maine
Eutland
Boston & Lowell
Serip
Oss Fafe
Seteicos Store Es
Lia Beeston
Francisco
Chyeinnack
Pilishery
Kansas City
LGA
Loruisville
Milwaukee
Providence Au
Conibus
Dony
A. RY
Odianapols
Lee
Gaivestiomn
Bile Up
St Je
Portland
Worcester
TAG . Mo
Seri
Syracuse
St . Louis
Tixville
Hartferd
Ms Aeteds
Haven
St.Jose Th
Portland i
Lowell
Memphis
Souk
Lisztford
Portland Oare
St. Joseph
Bee
Iso
Los
Boston Agers
Reading Clearing Houses
San Francisco
Kanas City
Lax
Eden
Memphis Eee
Neon
Ainemneent SS
N.Y
HL Vesmer & CO
Congress Street
Adans
Bankers
Bonds
Sheciriy
Walter B. Adams
E. Merritt
WM. Blodget
Wilson W. Fay & Co
Elec
Kaistman
Foreign Financial Markets
Swale
Aroostook
Hebrons
Burbank
Virginia
de Lima
Prodeck
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