Money Market Easier With Rates Dropping Ahead
Boston money market shows a loosening with banks bringing in funds to the clearing house and rates dipping below 7 percent. Time paper traded 6 to 7 percent, calls with collateral at 6 to 7 percent, with some railroad loans to savings banks around 5 3/4 percent. City of Newton borrowed at 5 percent for 60 days. $19,000 in 30‑year water bonds sold at par and interest.
MENTIONED IN THIS ARTICLE
Boston
Newton
New York
United States
National Bank
Continental
Frances
Bank of France
Bank of England
Baltimore & Ohio Telegraph
Boston Stock Exchange
Baltimore & Ohio
Jersey Central
Reading
Union Pacific
Oregon Railway and Navigation
Northern Pacific
Bears
Atchison
Atlantic & Pacific
Flagstaff
Alizona
Mormon Lake
Tutle
United Verdi Mining Comaa
Ino
Ash Fork
Chicago
Burligton & Quincy
Louisville & Nashville meet reports strong year earnings
The Louisville & Nashville Railroad directors announced fiscal year results ending June 30, 1887, with gross earnings of 15 million plus and a net income of about 1.83 million. They cited need for extensions and new equipment, kept dividends by choice, and noted holdings and bonds totaling over 38 million as security for future financing.
MENTIONED IN THIS ARTICLE
Louisville & Nashville Railroad Company
Louisville
Norton
Louisville & Nashville
Louisville & Nashville Company
Wall Street
United States Trust Company
Dividends Declared by Boston Electric Light and Quincy Savings
The Boston Electric Light Company declared a dividend of 14 percent quarterly. The Quincy Savings Bank declared a semi annual dividend of 2 percent.
MENTIONED IN THIS ARTICLE
Boston Electric Light Company
Quincy Savings Bank
New York Financial Market Sees Mixed Day On Oct 6
New York financial report notes easy money on call with last loan at 3 and closing at 8. Prime mercantile paper steady at 64 8%. Stock market quiet early, then firm with Western Union Reading and St Paul driving volume. Rumors of telegraph deal progress and Western Union capitalization cited. Western Union stock climbs over 2 percent while Reading rises.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
New England
Western Union
St. Paul
Reading
Chicao
Hocking Valleys
Atlantic & Pacific
Chesapeake, Ohio & Southwestern
Chicago & West Indiana
Morris & Essex
New York, Ontario & Western
San Francisco
Texas Pacific
Mutual Union
Chesapeake & Ohio Currency
Mackinac & Marquette
International
Michigan Central
Green Bay
Ohio Southern
Terre Haute
W. S. Lawson & Co
Gould
Garrett
Baltimore & Ohio
Messrs. Wharton
Kemble
Barker
Foreign Markets Report From London and Paris
London markets show Consols at 1021 16 for money and 102 14 for the account with U S stock at 48 127 14 and 4 14 8, Erie seconds at 1024, Illinois Central 122 14, Mexican ordinary 42 34, New York Central 111, Pennsylvania 57 4. Money rates 3 14 3 percent. open market short bills 3 56 3 percent, three months 84 percent. Paris Bank of France weekly gold down 7 125 000 francs and silver 825 000 francs.
MENTIONED IN THIS ARTICLE
Allonez
Seerees
Atlantic
Boston & Montana
Bonanza Development
Brunswick Antimony
Calumet & Hecla
Franklin E
Osceola
Quincy Ee
Tamarack
Ashinwall
Boston
Brookline
Maverick
San Diego
Iaiaaianenes
West End
Ing
Alt & T.u
Togu Atchison
Atlantic & Pacific
At. & Pac
Atlantic & Pac
Air L
Southern Incomes
N . Neo Chi
Kan
Western
Western Inc
Big Can
Sovevreer Es
Central Jowia
Pennsylvania, Poughkeepsie
K.C
C.bluffs
Central Pac
Ft. Scott & Gulf
Ches, & Ohio
L. Rock & Ft. Smith
Mex
Central
Pennsylvania State Department
Harris- Mex
Chi
St. Ls
Dexter & Newport
Augusta
New
New Eng
WN. Y
Hes
N.Y
Bangor & Piscataquis
N Eng
del. & H
Guilford
Dover
Oregon
Indianapolis
Og. & L. Champlainine
Den
R. G
Gresham
Pueb
Ark
Valley
Eric
Alta
Wabash Road
Rutland
Ratland
East Tenn
Treasury
Sonora
Southern Kansas
Fort Wayne
Southern Kansas Inc
Ft. W.&d
Rock Island
Wis
Hous
Texas
Missouri River
Ae Be & Iil
Kan. & Tex
Topeka
8. Fe
Pacific
Chesapeake, Ohio & Southwestern
Boston& Albany
Boston & Lowell
Boston & Maine
VU Bo
Boston & Providence
Aoe
Chi, Sur
Northern
Bur
Quincy
St, Paul
Minneapolis & Manitoba
W. Michigan
California Southern
Central of Mass
Sand
Cleveland
Cleve
Canton
Fitchburg
Cenee
Miss. P. Pref
Flint & P
Kk. U
O. M . & Essex
Spring & Memp
K. C
Clint
Maine Central
N. Y
N. Eng
Northwest
Old Colony
Gt. Falls & Con
Rutland. Com
Summit Graneb
N.E
Union Pacific
Ohio & Miss
Kingston & Pembroke
Central. Com
West
Bell Telephone
Pittsbur Ween
Eng. Telephone
Reading
Pullman Palace Ci Roch. & Pitts
Evansville
Terre Haute
St. Paul
Iss Sr Enee
St. P. M&m
Eae Wee
Setae Ee
Texas Pacific
Toledo & C
Caecechupre
Evansville & Indianapolis
Utica & BR
Isia
Eeese W
LL. E
New York City
Oregon Inn
Pacific Mail
Pullman Pal
W. Union
London
United States
Canadian Pacific
Erie
Ilinois
Paris
Bank of France
Commercial Market Report from October 1887
A detailed market summary reports demand and pricing for leather, flour, corn, oats, rye, malt, millfeed, butter, cheese, eggs, beans, potatoes, tallow, lard and meats. It lists on call sales for October to January and after call totals, plus settling prices and weekly exports by region. It includes grain on passage to the United Kingdom, domestic flour and corn meal prices, and various oat and rye quotations plus hops and malt values.
Boots and Shoes Shipments Rise as Market Remains Strong
The leather goods market shows renewed strength with rising shipments in boots and shoes. Demand for calf boots and women’s grain lines is high, orders and samples increasing, and rubber prices edging up as large contracts close. Total shipments since January exceed last year by over 100,000 cases, with weekly figures reported and a trend toward Western and Middle regions.
MENTIONED IN THIS ARTICLE
Boston
Leather and Hides Market Shows Steady Yet Quiet Activity
Rough leather demand remains varied with light weight brisk yet overall activity muted. Heavy weights dull, upper leather steady with little life. sole leather active with better movement and firm prices. Hemlock stocks light with strong demand upon arrival. hides market mixed with dull foreign demand and firm crop leather pricing.
MENTIONED IN THIS ARTICLE
Soleleather
West
Brighton
New England
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
Market Reports October 6 Flour and Grain
Market reports show no change in flour with quiet trade and steady prices. Winter patents, corn, oats hold firm figures as high shipment costs limit buying ahead. Some locations see No 2 white at 88 cents. track lots vary, sales near elevator lots. Pre-call sales totaling 10,800 bushels for January.
MENTIONED IN THIS ARTICLE
United Kingdom
Beerbohm
London
Minnesota Bakers
Michigan
Michigan Rollers
New York
Canada Superior
Canada
Eastern
Agricultural market report shows firm butter and steady cheese prices
The market notes firmer butter and good demand for top Northern dairy lots, while long dairies stay quiet. Exports this week total 1625 tbs since May 1 for the period, with year-over-year totals listed. Butter and cheese quotes across Chicago New York and regional creamery markets remain steady to firm, with eggs beans hay and potatoes also described.
MENTIONED IN THIS ARTICLE
Chicago
Elgin Creamery
New York
Liverpool
Vermont
Northern Choice
Ohio Choice
Northern Sage
New Hampshire
Choice Canada
Michigan
Nova Scotia
Island
New Brunswick
Bush
Canada
West
North
Norfolk
Houlton Hebrons
Soc
Houlton
Aroostook Hebrons
Aroostook
Vermont Rose
Hebrons
Burbanks
Rose
Peerless
Pork and lard hold steady amid steady demand
Pork and lard are steady with fair demand and prices near last quotes. Fresh beef market is quiet with prices...
Also Mentioned on This Page
Chicago, Burlington & Northern
Wisconsin Central
Chicago & Northwestern
Flint & Pere Marquette
Pullman Palace
Cleveland & Canton
Whitney
Boston & Providence Road
Beston & Providence
Central Massachusetts
Boston & Albany
Connecticut & Passumpsic
New York & New England
Mexican Central
Chicago, Kansas & Western
Kansas City, Clinton & Springfield
Kansas City
Memphis
Birmingham
Little Rock & Fort Smith
California
Denver
Otay Ranch
Cal
Julian
Aspinwall
Boston Land
Boylston Street
Boylston Street Land Company
Back Bay Park
F. A. Hobart
Thomas Leaviit
A. A. Bent
Joseph W. Clark
Nathaniel Thayer
John M. Forbes
George F. Bemis
John N. Denison
Horace Fairbanks
John Daniels
Franklin
Huron
Boston and Montana Consolidated Copper and Silver Mining Company
Peabody & CO
Devonshire St
Boston, Mass
Nassau St
Ssub Mercantile and Travellers’ Credits
Messrs
Baring Brothers & Co
Europe
British Provinces
Philadelphia
Bath Water Supply Co
Bath
Maine
Boston Safe Deposit and Trust Co
Fompany
Basset, Whitney & CO
Devonshire Street
Gulf
Spokane
Adams, Blodget & Co
Congress Street
Brokers
Fre & Elkh
Ee Am Bell Tell
Cal & Hee
Ee Tamarack
Io Boylston St Lass
Sanco
T&s Fevecove
B& IL
B& N
B& Se
B ‘Lo
T&e
Ny&ne
Ain Bell
R& PM
Aecesee
Old Col
LiGle
Pullman
Wis C
Pr. M
Cal So Inc
Ee Am Bell Tel
Col & Hee
Boylston St Land
A. T&sf
B&m
Ae B& P
Ee At & Pac
So God
Ee C.B
M& Bods
Nyg&negs
O& LC
Bell
San Diego Se
A&i
Ta&sPr
Ci & C
Vitchburg
The
Georgia Railroad
Central of Georgia
Housatonbairroad Company
Bridgeport
Conn
Laconia
N. J
Atherton
Concord Railroad
Lake Shore
Concord
Railroad Committee
Dover & Winnipisseogee
Alton Bay
Lac
Mining and Stock Exchange
Agy
First Board
Crescent Mining
Security
Eeere Tee Mining
Bowman
Kel Cristo Mining
South Side
Amer. Elee, Co
Iwell Heddle
New England Water Meter Co
Summit
Tol, Cin
St. L. R
Agtie
Tia
N. W
Allovez
Ae D
R.G
Arnold
Rappa
T. L
I Securitve
P. P
Bonanza
Stormont
iSutro T
Brun. A
P’se
Tex
P. R. G. Crescent
Ch. A. N. Pace
Custon Oa
Lord Ac.t
U. Pac. Sts
Mass
L.A
Navists
W. Shore
Empire
N.E.W.M
Andard
Amador
Mesnard
Toledo
Belle Isle
Bodie
Brunswick
Ontario
Phoenix
Plymouth
Chollar
Col. Coal
Valo
D. Terra
el Cristo
Surinam
H.o'l& Iron
Tron Hill
Wilson W. Fay & Co
State Street
Nantucket R
Cin
St. Louis
NEW York Financial
Foreign Financial Markets
Jan. L
Bergons
Kire Street
Congress Square
Quincy House
Lynn
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