Money Market Steady Amid Cash Influx And Stock Action
Boston money market shows steady rates with abundant clearing house funds and expectations of $100,000,000 in currency from the West and South before year end. Globe markets follow a volatile day with Atchison and other rail stocks fluctuating, bears pressured by bank actions and new bull activity. San Diego Land and West End Land rise amid broader trading in bonds and railroad issues.
MENTIONED IN THIS ARTICLE
Boston
New York
United States
National Bank
Continental
Bank of England
Bears
Atchison
West End
Union Pacific
San Diego Land
California Southern
West
Atchison, Chicago, Burlington & Quincy
Chicago
Burlington & Quincey
Wall Street
State Street
Atchison Jeneracy
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Burlington & Quincy
Kansas City
Springfield
Memphis
Quotations and railroad circulars from Boston and New York markets
New York stock sales Oct 13 total 517,800 shares with prices listed. Boston & Lowell turnover and a circular appointing Boston & Maine control follow. Western Union 1887 annual report shows cross earnings and surpluses, while Oregon & Transcontinental may liquidate Northern Pacific holdings. California- Texas trade grows. Minnesota & Northwestern aims for independence. Laconia Car Co. lands a $100,000 order from Boston & Maine. Late railroad earnings summary provided.
MENTIONED IN THIS ARTICLE
Union Pacific
New York
Atlantic & Pacific
California Southern
Oregon Transcontinental
Flint & Pere Marquette Preferred
Summit Branch
Louisville
Evansville & St. Louis
Kansas City
Memphis
Northwestern
Wisconsin Central
Northern Pacific
Mexican Central
Denver & Rio Grande Western Railway
California
Texas
Southern Pacific Road
Stickney
Minnesota & Northwestern
Western and Northwestern Passenger Association
Laconia Car Company
Boston & Maine Railroad
Savings banks and railroads declare semiannual dividends
The Lexington Savings Bank announces a 21 percent semiannual dividend. The New Bedford Five Cents Savings Bank declares a 2 percent semiannual dividend. Livingston Savings Bank reports 24 percent semiannual. The Fitchburg Railroad Company and Baltimore and Ohio Railroad Company declare dividends on preferred and Washington branch stock at 2 percent and 5 percent respectively.
MENTIONED IN THIS ARTICLE
Lexington Savings Bank
Fitchburg Railroad Company
New Bedford Five Cents Savings Bank
Baltimore & Ohio Railroad Company
Washington
Livingston Savings Bank
Pullman Palace Car Saga Across Kansas City Lines
Financial figures show miles operated and monthly totals for September and January to September across Kansas City Clinton and Springfield who run Pullman Palace Car services. Revenues and passenger counts appear in scattered ledger-like entries.
MENTIONED IN THIS ARTICLE
Kansas City
Clinton & Springhkield
Miles
Mining stock closing prices today in San Francisco
In San Francisco on October 18 officials list the day’s official closing prices of mining stocks. The report details which firms finished higher or lower and notes notable price movements across the sector.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Closing Prices and Listings From Pacific Mail to Mining Firms
A mixed page shows closing prices for stocks and bonds across industries. Notable entries include Pacific Mail, American Bell Telephone, Erie Telephone, and various oil and gas names. also listed are bonds such as D.& RG and Western Pacific issues, followed by mining outfits Amador Homestake Brunswick Ontario and others with current per-share values and percent changes.
Foreign Financial Markets and Vienna News
In London United States bonds rise with 4s at 128% and 414s at 111. Atlantic & Great Western bonds trade at 37.14 and 8 1/2 percent. Canadian Pacific 52 5/8, Erie 26, Erie seconds 99 1/4, Illinois Central 119 1/2, Reading 80, Mexican Central 12 1/4, Canadian Northwest Land 2. Part advices show 3 percent routes at 82 1/2 to 1 2 12. The market opens flat but improves with expected failures and a 2% discount rate for short bills. Vienna reacts to news on the German crown prince, with prices falling on unfavourable reports.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Canadian Pacific
Erie
Ilinois Central
St. Paul
New York Central
Pennsylvania
Reading
Canadian Northwest Land Company
Vienna
New York Financial Roundup Shows Active Stocks and Strong Close
Money on call easy at 4 to 5, bar silver 95 1 4. Sterling exchange firm. Government bonds dull to strong. railroad bonds quiet and heavy. Stock market active after 2:15 with Readings and St Paul leading gains. grangers and St Paul weakness noted. Readings rose, unions mixed. total daily sales $760,000.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Reading & St. Paul
St. Paul
Chicago
Arlington & Quincy
Secels Exchange
Reading
Union Pacific
Louisville & Nashville
Northern Pacific
Lehigh & Wilkesberre
St. Paul Goll
Mocking Valley
Louisville, New Albany & Chicago
Kansas & Texas
New York, Susquehannah & Western
New Orleans Pacific Trust
Oregon Transcontinental
Oregon Improvement
Texas Pacific
Richmond & Alleghany
St. Jo
Evansville & Indianapolis Lease Links Lakes to Gulf Route
The Evansville and Indianapolis railroad has leased the Vandalia branch from Brazil to Saline City Ind linking with the Chicago and Indiana Coal line to form a direct Lakes to Gulf route. Louisville & Nashville will handle much of the traffic as coal demand grows in the South.
MENTIONED IN THIS ARTICLE
Evansville & Indianapolis Railroad
Vandalia
Brazil
Saline City
Ind
Evansville & Indianapolis
Chicago & Indiana
Lakes
Gulf
Evansville
Louisville & Nashville
Chicago & Indiana Coal
Chicago
Ohio River
Coal Road
Chicago & Indiana Coal Road
Evansville Road
Commercial Matters Market Report Dense Trade Notes
Leather shows improvement while hides hold steady. Boots and shoes move fairly. eggs in good demand. Apples easy. there is fair demand for beans and truck. Pork, lard, hams, and fresh beef firm with varying quiet periods. Molasses, raw sugar, and refined sugars maintain steady or quiet tones.
Leather and Hides Market Shows Firmer Tones and Demand
The leather market is stronger with firmer prices and a bottom likely reached. Heavy leather demand rises as buyers grow, rough leather shows better demand without price increases, and finished leather markets firm with improved demand for calfskins, ol e, and morocco. Export sales and local stock adjustments are noted alongside price lists for sole, rough, and finished leathers and hides.
Cotton exports surge with year’s end movement
The export movement of cotton has started and is likely to be very large for the next months. Exports from Jan to Sept total 83.5 million to 110.1 million for three years, with September up about 6.6 million from last year and similar gains over 1884 and 1885. The nine month total trails 1886 by 3.3 million but exceeds 1885 by about 21.6 million. The monthly gains suggest strong year–end activity and potential gold imports.
Boots and Shoes Trade Shows Strong Fall Demand
The fall boot and shoe market remains active with steady orders and rising profits as factories focus on fall work and avoid early shutdowns for spring. Strong demand for calf boots waxed and split, brogans, plough shoes, and women's grain goods supports continued production and favorable prices amid easing leather markets.
MENTIONED IN THIS ARTICLE
Worcester County
Spring Sale Outlook and Factory Activity Report
Factories show ample work and ready spring samples while deliveries are urged. Rubber demand remains strong with unusually low stockpiles as production tightens and pricing edges closer to output levels.
Market Reports October 13 Flour and Grain
No change in flour market as trade remains quiet and prices firm. Minneapolis stocks scarce and mills expect higher freights after navigation closes, keeping sales restrained. Wheat cornmeal oats and related products show steady quotes with specific carload and elevator prices and freight assumptions.
MENTIONED IN THIS ARTICLE
Minneapolis
Minnesota Bakers
Michigan
New York Rollers
Canada Superior
Canada Rollers
Canada
New York
Eastern
Market rows show steady prices across dairy meat and produce
Butter prices hold steady with Western creamery at 26c to 27c. Cheese demand light and sales limited to ample stock. Eggs stable with Eastern at 23c. Beans seeds and hay show subdued activity. receipts heavy for New York beans. Dressed poultry arrivals are high and many lots undersold due to warm weather.
MENTIONED IN THIS ARTICLE
Ohio
New York
Vermont
Sony
Northern Choice
Ohio Choice
Choice Canada
Michigan
Nova Scotia
Island
Brunswick
Canada
Bush
West
North
Timothy
Jersey
Houlton Rose
Houlton Hebrons
Aroostook
Aroostook Hebrons
Burbanks
Hebrons
Norfolk
Pork and Lard Prices and Beef Market Activity
Provisions show no change in pork and lard. trade quiet at steady prices. Hams unchanged. Fresh beef: common cattle offered with fair supply and movement. bottom likely reached for light cattle. choice heavy cattle at full prices. Lambs in good supply with sales around 8 cents. Veals moderate at 2 10e. Pork and lard long cuts 18 15 50, short cuts 18 1s8 50, backs 18 50 19 60.
Also Mentioned on This Page
Chicago, Kansas & Western
Sonora
Rutland
New England
Southern Kansas
St. Joe
Central Massachusetts
Concord
Boston & Lowell
Boston & Albany
Fitchburg
Connecticut & Passumpsie
San Diego
Dickinson
The
National City
Washington Street
Whitney
Osceola
Calumet & fHecla
Franklin
Batopilas
Descobridora
Valenzuela
Camachin
Animas
New Gulf Silver
Batopilas Mining Company
Boston Stock Exchange
Scott & Gulf
Mempius
Lamson SS
Aspinwall
Boston Land
B&q
F&p
Morey
Boston & Lowell Railroad
Boston, Concord & Montreal
Stony Brook Railroad
Wilton
Epwen Morey
C.S. Mellen
Stony Brook
W. A. Stowell
White Mountains
Western Union
Detroit
Philadelphia
Oregon & Transcontinental Company
Oregon & Transcontinental
Northern Pacific Company
Allouen
Essevsveres
Va Atlantic
Boston & Montanas
Bonanza Development
Brunswick Antimony
Calumet & Heela
Ai Honcy
Amiatack
Ess
Cesesere
Seccssseers
Brookline
Bys Maverick
Tmva
Ys Bonds
Atlantic & Pac
Chis
Kan. & Western
Chi
Kan. & Western Inc
K.C
Ft. Scott
Gull
Ee K.C
Joe & C.bluffs
L. Rook & Ft. Smith
Central
N. Y
New Eng
N.Y
Oregon
Ka &S. Fe
Boston & Maine
Boston & Providence
Bur
Northern
Quincy
Central of Mass
Sand
Cleveland
Cleve
Canton
Sone
Flint & P. Marg
T . Cere
Falls & Sioux Citaneate
Oe .C
Fr. Scott
Old Colony
Fells & Co
C.crseeceee
Wis
B. & Air L
Ches
Alton
del. & Hi
del. & L
Gila
East Tenn
Vexas
Ill
Kan, & Tex
Kings & Penn
Ereee
Lake Shore
Long Island
Lou. & N
Man
Mem
Fice
St. L
ST. Louis
Arkansas
Eesex
Nash
Chat
N.dr. Cent
Ponenas
Miles Oper
T’d. N
Pacific
New Jersey Central
Oslo & Miss
Abe
Pittsburg
Ceteseere Aef Ef
Rich
Dan
Koch “ Pitts
Rock Island
M.& M. Free
O. A
At & Gener
T&sf
Ry Pine
B&n Bs
Ck&w
Do Inc
NY &Negs
Ny&nets
Ee Erie
Ee Netel
Mex
Cal & Hec Owe
Seeesee
Oenee
Ee Lamson SS
Boston Ld
W P
Campobello
French Bay
Task
B& M
B& Este
Ny&n
Summit
Cal & Hee
Eaee
Frenchman’s Bay
San Diegoo
B& A
B& L
B&m
Cambridge H
B&n
At & Pacine
K & Wis
Sti &C
Ny&ne
Bell
Col & Hec
Bgo
Samson
East Boston
T&se
B& N
M& Eae
Le&s L Ae
Wilson W. Fay & Co
Gray’s Dynamo
Elec
Catalpa
Maverick Land
MeKsy Heeling Ave
Eastman
Mining and Stock Exchange
First Board
Stormont
Aztec Mining
Eeveer Seeeevesesee
Allonez
R. & Mil
Il Arnolee
Rappa
Antec
Security
Blec.g’d
Side
Tonanza
Stormont, Oo
Bowman
iSutro T
Sue
Breece
Aim
Brun. G’d
Bur.c.Co
Cataipa
Bruns. B
Crescent
Lord Ac.t. i
Mass.l.a
N.E.W.M
Mesnard
Devonshire St
Boston, Mass
Nassau St
Messrs
Baring Brothers & Co
Europe
British Provinces
Bath Water
Bath Water Supply Co
Bath
Maine
Boston Safe Deposit and Trust Co
Basset, Whitney & CO
Devonshire Street
Alta
Hest & Belcher
Etree
Weet
Hale & Norcross
Commonwealth
Nevada Queen
Eee Betes Pacific Mail
Saat
Pullman Pal
Bell Telephone
W. Union
Ee Ee
Erie Telephone
Ston
Csccsssee
Es Co
Ullman Palace Car
Cen. P
N. W
D.& BG
Mbsis
Joes
G.m
Gt. v
Pac
C. Nav
W. Shore
Adams
American
Wells Fargo
Amador
Homestake
Ontario
Phoenix
Plymouth
Ae Dunkin
el Cristo
jTenn, C
Foreign Financial Markets
NEW York Financial
the Lakes
Split
Morocco
Buffalo
Brighton
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
C.S. W
Congress Street
Congress Square
Quincy House
Lynn
Seower
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