Market Closes Mixed Amid Stock Shifts Across Rail and Utilities
Boston and New York exchanges show uneven activity with gains for Chicago Burlington North Western and declines for New York and New England and Bell Telephone. Atchison bonds slip while a broad spread of railroad and mining issues swing, insiders active and analysts noting a bull tilt on strong crop outlook and dividend candidates.
MENTIONED IN THIS ARTICLE
Chicago, Burlington & Northern
California Southern
Mexican Central
Wisconsin Central
Western Passenger Association
New York & New England
Sitenburg
West End Street Railway
Eastern
Boston & Albany
Bell Telephone
Supreme Court of the United States
American Bell Company
Atchison
Trust
New York
New England
Chicago
Kansas & Western
West End
Dwight Braman
Brookline
French Bay
Dividend Declarations From Regional Banks and Company
Taunton and Bristol County National banks declare 3 percent dividends. Machinists' National Bank Taunton reports a 3 percent dividend. Smyth Manufacturing Company Hartford declares 3 percent. St Louis and San Francisco Railroad announces a 2 percent dividend.
MENTIONED IN THIS ARTICLE
Taunton
Bristol County
Machinists’ National Bank
Gaetan
Smyth Manufacturing Company
Hartford
St. Louis
New York Financial Market Movements On Oct 10
Money on call eased to 2 to 3 percent with close at 3. Government and railroad bonds steady. Stock list dulled after noon with brief firmer spurts. New England and St. Paul leading gains before midday decline resumed. Late trading showed some improvement then renewed weakness ending near day’s lows. Railroad bond sales totaled 1,222,000 with Reading 48 contributing 151,000. Several issues posted fractional gains in tone.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
New England
St. Paul
St. Paul & Duluth
Mytreme Dulness
Atchison
Reading
Central Iowa
Chesapeake & Ohio Purchase
Louisiana & Missouri River
Rock Island
Omaha Consols
Hocking Valley
Hannibal & St. Jo
Iron Mountain
Tennessee Coal, Tennessee Division
New York stock sales October 10 report
New York stock sales report shows total transactions of 214,118 shares. The list details the shares sold by varying buyers and sellers, reflecting the day’s activity in the market.
MENTIONED IN THIS ARTICLE
New York
Financial Market Roundup From London and Berlin
London quotations show Consols at 9 percent for money and 97 16 for the account with various rail and utility stocks listed. discount rates stand at 4 percent in Paris. bullion movement into Bank of England totals £203,000 today while India Council bills fall by 1 16d per rupee. Berlin reports a 17 460 000 mark decrease in the Imperial Bank of Germany’s specie.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Central
St Paul
New York Central
Pennsylvania
Paris
Bank of England
India Council
Berlin
Imperial Bank of Germany
Railroad Matters and Earnings From Central Vermont and Northwest Lines
Stockholders of the Central Vermont and Consolidated Rail Road of Vermont met at St. Albans. Directors elected include J Gregory Smith and James R Langdon among others. Central Vermont reports year ending June 30 1888 gross earnings 4 773 373 48 with net 1 366 761 86 after taxes and rents leaving 64 732 14. Freight held steady, passenger traffic up. Monterey & Mexican Gulf railroad construction begun with subsidy 8000 per kilometre. Northwestern roads raised rates 10 to 50 percent. Hocking Valley and Toledo first week October earnings up 92 01, Northern Pacific up 125 617, Denver & Rio Grande down 24 000, Chicago & Atlantic down 10 880, New York & Northern up 1 730.
MENTIONED IN THIS ARTICLE
Central Vermont Railroad
Consolidated Railroad of Vermont
St. Albans
Consolidated Railroad
J. Gregory Smith
James R., Langdon
Montpelier
E. C. Smith
Joseph Hickson
Montreal
B. P. Cheney
Boston
W. H. H. Bingham
Stowe
John Bell
Belleville
Ont
Central Vermont
James R. Langdon
C. Smith
H. H. Bingham
Robert Wright
Monterey
Monterey & Mexican Gulf
Tampico
Lamarine
General Trevino
Emeterio Dela Garza
General ‘Trevino
Bullock
New York
Morris R. Locke & Co
St. Louis
J. A. Robertson
J.J. Fisher
Northwestern
Northwest
Hocking Valley
Toledo
Northern Pacific
Denver & Rio Grande
Chicago & Atlantic
New York & Northern
Western Union Annual Meeting Announces 1888 Earnings
The Western Union Telegraph Company held its annual meeting in New York. The board was re-elected with Henry M. Flagler replacing A. R. Vanest. For the year to June 30, 1888, gross earnings were 19 711 164 dollars, expenses 14 640 592 dollars, net earnings 5 070 571 dollars, with 4 754 208 dollars paid for dividends and related funds, leaving a 476 363 dollar surplus.
MENTIONED IN THIS ARTICLE
Western Union New York
Western Union Telegraph Company
Henry M. Flagler
A. R. Vanest
Prepare for Met Weather.
Local guidance urges readiness for mild to moderate conditions as a steady breeze and cool mornings approach. Residents are advised to keep Pearline and similar labor-saving cleaners on hand to maintain homes efficiently during shifting temperatures.
Market Summary Of Commodities And Livestock Edges
Flour dull corn firm oats quiet cornmeal dull oatmeal firm rye very firm rye flour strong millfeed dull cottonseed meal steady malt quiet hops dull butter very firm cheese very strong eyes firm beans unchanged grass seeds fair demand potatoes active sweet potatoes steady poultry steady game quiet hay fair demand rye unchanged truck quiet apples plentiful oranges quiet grapes plentiful and active pork very firm lard firm corned beef quiet fresh beef fairly steady veal in moderate demand mutton quiet lambs unchanged raw sugars unchanged refined sugars weaker molasses firm tallow unsettled
MENTIONED IN THIS ARTICLE
St Louis
Milwaukee
Peoria
Toledo
Baltimore
Philadelphia
New York
State
Chicago
Michigan
Canada
Choice
City Horse Market Shows Uneven Week with Modest Improvement
Dealers report a mixed week in the city horse market as unfavorable weather restrained activity yet buyers remained active. Isburgh & Co. moved about 100 horses from trotting stock to ponies, with prices from 40 to 260 dollars, while other stables offered drivers, draughts, and mares at varied rates. overall trade hints at brighter conditions ahead with speculators present and 12 carloads expected at Combination sale stables.
MENTIONED IN THIS ARTICLE
Isburgh & Co
Bowler
Walker's Bazaar
Moses Colman & Son
Tsai
Russell
Kansas
H Brockway
Welch & Hall’s
International Horse Exchange
Ch& FE
Snow
Western
Michigan
London Wool Sales Conclude With Little Price Change
London reports the final wool sale of the series with no material price shifts, 13,455 lots offered and about 13,000 withdrawn. Victoria, New South Wales, and fine cross breds rose slightly, while coarse grades fell. Total bales offered 235,092. U.S. bought 1,000. Next series to begin November 27 with an estimated 160,000 bales. A sale of foreign wools set for October 16.
MENTIONED IN THIS ARTICLE
London
Best
United States
Victoria
New South Wales
Queensland
New Zealand
Cape of Good Hope
Natal
Ted
Boston Markets Flour and Grain Prices Oct 10
Boston markets report quiet demand in flour with mills holding prices around 8 per barrel and some shading. Jobbing retailers show strong activity with sales totaling 3826 per barrel. Spot quotes list fine and superfine at 3 75 to 4 75 per barrel and Michigan and Minnesota straights priced up to 6 72 per barrel.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Market steadies as butter and cheese prices firm across regions
Butter prices hold firm with varied quotes for Western, Vermont, and Eastern creameries. Western creamery values range from 24 to 26 cents, with higher grades seeing better demand. imitation creamery at 18 to 19 cents. Cheese supplies small and prices steady, New York cheddar 10.5 to 11 cents, Western flats 10 cents. Eggs demand remains firm with limited supply, Eastern extras about 22 to 24 cents, fresh Western around 25 to 22 cents. Beans show steady old quotations for trade.
MENTIONED IN THIS ARTICLE
Canada Superior
Canada
New York
Expo
City
Lair
Minnesota
Chicago
St Louis
Milwaukee
Toledo
Minneapolis
Northern
Duluth
Baltimore
Philadelphia
Western Factory
Choice
Western
Vermont
Vermont Dairy
Eastern Creamery
Eastern
North Choice
West
Liverpool
New Hampshire
Nova Scotia
New Brunswick
Michigan
Island
York State
Also Mentioned on This Page
Turner
Suffolk Court Blouse
Cechituate Water
Athol Savings Bank
Charles Head & Co
Warren Institute of Savings
E. Rollins Morse
Bank
Charleston
Savannah
Treasury
National Bank
Reichsmarks
New York Stock Exchange
F. H. Prescott
Jewster, Cobb & Estabrook
Clark, Ward & Co
Shorts
Missouri Pacific
Alcion
Micago
Burington & Quincy
Lake Shore
Atlantic & Pacific
Union Pacific
Oregon Railway and Navigation
Burlington & Quin
Kearsage
Osceola
Tamarack
Calumet & Hecla
Boston News Bureau
Boston & Montana
Charles H. Palmer
Butte & Boston Mining Company
Belle of Butte
Gray Rock
Arnold Mining Company
F. B. Bemis
W. F. Fitzgerald
J. N. Moyle
F. N. Perkins
J. P. Brewer
F. Emerson
J. W. Cummings
John Brooks
Allonez
Allonez Company
Reach Syndicate
Allouez
WEW
City OF
New Court House
Cochituate
Blake Brothers & Company
State Street
Nassau ST
N. Y
Brewster, Gove & Esn
Congress ST
Bosto
Mass.chusetts Savings Banks
Brewster, Cobb & Estabrook
Foote & French
Ry & Nav. Co
Ilic
Adue
Ms. Eos. & Gr. Isl
Oregon
Commission
Congress Strelt
Williams & G0
Brokers’ Board
Icsellanhous
Andover Nat. Bank
Andover
Bay State Nat. Dank
Lawrence
Boston & Maine RR
Chicago, Bur. & No. RR
Connecticut River RR
Northern RR
N. i
Fitchburg RR
Boston & Albany RR
Ogdensburg & L. Cham. RR
Alan
Ford Co
Guar
Prin
Kansas Investment Co
Popeka
City - Sandusky
Ohio
State St. Exchange Co
Lowell
Dorchester Gas ‘O
Prescott
Mass
Union St. Ry. Co
Framingham
Reece Button Hole M. Co
Manchester Mills
B. Belting Co
Citizens’ Bank
Wichita
Kan
Asiatic Nat. Bank
Salemi
Old Colony RR
Cheshire RR
Tittle Rock & Co Smith Ry. Co
Tan
Phila
Wilmington & Balt. RR
Do Davidson Investment Co
City of Fall Rivers
M. L
City, Clinton & Springfeld RR
Lynn
Boston H. Ry. Co
Mutual Fire Ins. Co
Do Cooperative Building Co
Pacific Mills
Cocheco Mfg
Do York Mfg
Mercantile Fire and Marine Ins. Co
Atlantic € Cotton Mills
Amoskeag Mfg. Co
Chicopee Mfg
Hamilton Woollen Mills
Amoskeag Mfg
Merrimack Mfg. Co
Lowell Mfg
Cleveland & Canton RR
New England Mfg
N. Car Co
Neptune Ins. Co
American Ins. Co
Alam
Lombard Invesament Co
Lake Superior Co
Oakland Garden Assn
Ron Mountain & So. Rr, Co
Tremont & Suffolk Mills
Michigan Cent. RR
Air Line
Swampscott Lana Trust
American Bell Yes. Co. Ts
Kansas City
Top. & Westonn RR
Chi
Burl, & Quincy
Maroucees Hougston & Ontonagon
New England Mtg
Dedham Water Co
New York & Boston Rapid Transit Co
Overman Wheel Co
McKay & Bigelow Fteeling Machine Assn
Consolidated RK
Concord RK. Co
South Side
Wash
Catalpa
Winthrop
Crescent
Nh Elect
Cece
Burton
Ken
Everett
Huron
Mesnard
Ocean
Ee Am Bell Tel
Col Trust
K& W
Do Inc
Ny&ne
Ween
Brookline Land
Newport
Nat. Union Bank
Wee
Washington Nat. Bank
Cal & Hec
Boylston Nat. Bank
Kearsarge
Sosrereeeree
Faneuil Nat. Bank
Nat
Hanks
Yy National
Hideana Leather Bank
Hank of the
Bank of North America
Eagle Ank
Old
Boston Bank
Fitchburg
Seer
Bank of Commerce
Exchange Bank
Pullman
Ouverte
V.vtaa
Michigan Central RR
Ogdens & Lake Champ Caer Iis
Louis
Evans
St L
Eastern BR
Firemen’s Ins. Co
Horse Ins. CO
Rene
Arine Ns
Coss.s
Aly
Boston Gaslight
K C. Mem & Irs
Lombard Investment CO
Boston Heating Co
Brookline Gaslight
NYA
Seenet Sean
Bell
Rutland Ist
West End Land
Little Rock & It
Sas Wee
K. City
Atlantic
Bonanza
Ins. Scrip
B & Mont
Shawmut Nat. Bank
Eeeses Nat. Cit Bank
Eeeee Dunkin
Ose
Pll
Franklin
Market Nat
Eeeeeress Eevee
Sree
Ypceola
Eenre
Ener
Ainoskeag Mig
Pamarack
Atlantic Cotton Mills
Eas Gol
A &Peeess
Vu Naumkeag
Eas
Merrimac Aify
Cbr&q
York
Cin, & Sandusky
Boston & Providence RR
Boston Long Wharf Co
Summit Branch
Rockport Granite CO
Ny&n U
Nat. Car Co
Ae Ee
Essex
Clin
Hough
Boston & Lowell
Dai Exchange
Vermont Bs
Remi
Mont
Cal
Central
Lee Dunkin
Lronton
National
Quincy
Ridge Eeaeee
Paidatack Weeee Land Companies
Neere TY He
Aspinwall
Boothbay
Boylston Street
Campobello
East Boston
Eeeeers al
Cseeeeseerse We
Sessevereres
Lamome
Sullivan
Fe Topeka
Wollaston
L. G
At. & Pac
Sane
Bu C
Kan. & W
D. D. Yoo
Elk H
K. C
Ft. 8
K.C
C. B
Oweke
P. D.O
Pueb, & A. V
Sonora
Go Inc
Boston & Maine
Boston & Prov
Southern
Central of Mass
Cleve
Canton
Eee
Flint & P. M
Ft. S
Gulf
K _C
Maine Central
N.Y
New Eng
Old Colony
Als Summit
Teres
Eastman Car
Hex Lamson Store
Pullman Palace
At. & Pacific
Aeeer
Roch, & P Etter Ae
Nosee
Anne
Pacific Paueer
Central Sa
Central Pacific
Ches. & Uhion
Alton
B&q
St. L. Wp
Ca & Col
Del
Istystate Aean den & Gree
Fort Wayne
Hocking Val
Houst
Texas
Ill
Lick
Tex
Pem
Long Island
Lou
XNI
Ener Ee
Elev
Enue
St. L. Wee
Wise
Pacific
Nash
Chatens
N. J. Cent
N. YY
N. E
R.& W. P Rock Island
Mewer
Raettea & B
Oy L.& P
Oregon Im
Pacific Mail
Pulman Pal
Viam W. Union
Owee Petroleum
O .W
Sts. Il
Eoes
St.u
F. G. mm. D ‘ Rae Sarat Va
St. P
P. Ists
Den
Étiver
N.jd
P. R
U. Pac
N. W
W. Shore
Caahuoelle
Adams Iene
Biote
Ae Fargo
Hornegue i
Adams
Lontarioo
Amador
Plutus
Belcher
Plymouth
Ails
Best & Bone
Biss .O
Nevada
Col
Chis
Sutter Creek
Con. C. & Va
Tenn. C
Crown Point
Union Con
Gould & C Ur
United Copp
NEW York Financial
Foreign Financial Markets
Railroad Matters
City Horse Market
Chicago Markets
Reardon & Co
Farnum
THE
London Wool Sales
Boston Markets