Money Market in Boston Sees Easier Conditions and Rise in Prices
The Boston money market shows weaker demand and higher supply, with discounts easing and note dealers selling more at 6 percent. Calls on loans secured by collateral run 5.6 percent, manufacturing paper at 5 percent for eight months to a year, and country banks discounting good paper near 6 percent. Clearing house rates are 4 4 percent. New York exchange stays near par with a 10 cent move. Government securities hold steady, gold and silver funds rise to $594 million, and Bank of England reserves run 43.87 percent. The stock market advances broadly, with Atchison, Union Pacific, and several railroads lifting, while bears persistently predict declines. The Boston exchange reports strong turnover and notable earnings for several rail lines and bonds.
MENTIONED IN THIS ARTICLE
Boston
New York Exchange
United States
National Bank
Sterling Exchange
Bank of England
Mr. Bateman
New York
State Street
Bateman
Alfred Sully
Atchison
Philadelphia
Chicago
Atlantic & Pacific
Union Pacific
Northern Pacific
Oregon Railway and Navigation Company
Flint & Pere Marquette
Mackintosh
Flint & Pere Marquette Railroad
Dividends Declared by Nashua Lowell Wampanoag and Others
The Nashua and Lowell Railroad declares a dividend of 4 44 percent. The Wampanoag Mills of Fall River declares a 50 percent stock dividend. The Globe Street Railway of Fall River declares $125 per share. The Chace Mill of Fall River declares a 5 percent dividend.
MENTIONED IN THIS ARTICLE
Nashua & Lowell Railroad Company
Wampanoag Mills Company
Fall River
Globe Street Railway Company
Chace Mill Company
Baring Brothers Ad Offers Mercantile and Travellers Credits
London based Baring Brothers and Co advertise mercantile and travellers credits available worldwide through Messia and their correspondents.
MENTIONED IN THIS ARTICLE
Messia
Baring Brothers & Co
London
Bath Water Bond 5% First Mortgage Sinking Fund
Bath Water Supply Co of Bath Maine issues bonds at 500 each with coupons payable June and December at the Boston Safe Deposit and Trust Co. Bonds issued under Maine Legislature acts. Works completed and in operation with many consumers and hydrant rental from the city. For more information contact BASSET WHITNEY & CO 72 Devonshire Street Boston.
MENTIONED IN THIS ARTICLE
Bath Water Supply Co
Bath
Maine
Boston Safe Deposit and Trust Co
Market Upturns and Rail Plans Stir Investors Momentum
The report details rising bond bids and stock gains in several divisions led by Manhattan and New England as speculation swirls about Northern Pacific Union Pacific Oregon leases and cable deals. It notes a stronger market, anticipated book closings, and expected gains for Gould party holders. A wave of railroad reorganizations and new coupler adoption are linked to broader growth prospects.
New York Financial Market Rebounds With Broad Equity Gains
In New York on October 26 money on call eased to 3.0-4 percent with last loan at 8.75 and closing 4 percent. Sterling at 4.81 for sixtyday bills. Government bonds dull but firm. railroad bonds steady. The stock market rose after 2:15 with gains led by Gould stocks and Western Union among others. Manhattan jumped 4.25 percent while Northern Pacific and Oregon slipped. Overall, market activity remained strong and closing prices at day’s highs.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Lackawanna
Pacifia
Gould
Northern Pacifics
Oregon
Western Union
Union Pacific
Jersey Central
Northwestern
Manhattan
Foreign financial markets report mixed London quotes
London prices show Consols at 102 9 16 for money and 102 11 16 for the account. Atlantic & Great Western firsts at 89 4, Canadian Pacific 53 1/2, Erie 27, Erie seconds 91 1/2, Illinois Central 119 1/4, St. Paul common 73 1/2, New York Central 108, Pennsylvania 57 1/2, Reading 81. Canada Northwest Land Company 2. Paris shows 3 per cent rentes at 82 francs 21 centimes. Open market short bill discount 3 per cent.
MENTIONED IN THIS ARTICLE
Ing
Alt & T.hi
A. A. Ae i
Bonanza
Boston & Montana
Brunswick Antimony
Central Lovna
Calumet & Hecla
Ee . Franklin
Central Pac
Aspinwail
St. J. & Pee
Boston Ween
Brookline
Ceet
Olig
San Dieg
Col
West End
del. & H
I del. We L
R.G
Atchison Ist
Atlantic & Pacific
Atlante & Pac
Bo East Tenn
Chi
Kan
Western
Fort Wayne
K.C
Fiscott & Guliza
L. Rock & Ft. Smith
Texas
Central
Central Inc
Scrip
US Kan
New Eng
I L
N.Y
Oregon
Southern Kansas Inc
Mem
Wis
HK Warescee
M. & Essex
Boston
Providence
Nash & Chat
Ch. Bur
Norther
Ic. Iy
Central of Mass
Yret
E . Cleve
Canton
Y St
Fitchburg
N. Y.a&Mi
A. BT
Flint & P
Ohio & Miss
Ft.scott
Gui
West
Memo
Iy. & N Eng
Y.& N. Engages i
Old Colony
Ritisburg
Rutland
Union Pacific
Bell Telephone
St. Paul
New
Eng
Te Erie Telephone
St. P
Texas Pacific
Toledo & O
Union Vaottia
Utica & TB
Revee
W. St. Ld P
Anne
Egies
W.d& L
al Lola
Ccs
Oregon IM
Eeees
Pacific Mail
Aes Oo
Bology
Pullman Pal
Union
Pac
GS U, Pac
Q. Navy
Lsts
W. Shore
I Express
Éxeeae
Adams
Wetts Fargo
Amador
I A
al ” Odie
Ontario
Brunswick
Dalish
Ophir
Carson D. Co
Uickasilver
Choliar
Cal. Coal
Savage
Con. Cal
ValLs
Crown Point Bea
Nevada
A Cristo
Gould
Tenn. C
H.C
Fale & Nor Yellow Jacket
Homestake
Tron Hill
London
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Central
St. Paul Common
New York Central
Pennsylvania
Reading
Canada Northwest Land Company
Paris
Transcontinental rail alliance linked Vanderbilt lines and new Duluth rail
New York announces a triple alliance for transcontinental business among the Vanderbilt lines the Northern Pacific and the Duluth South Shore Atlantic. The Duluth line runs from St Ignace Michigan to Northern Pacific Junction near Duluth with work progressing for a fall completion. Connection via Mackinaw will link to the Michigan Central. Colonel Brice confirms close ties with Vanderbilt lines and is negotiating further terms.
MENTIONED IN THIS ARTICLE
New York
Vanderbilt Lines
Northern Pacific
Duluth, South Shore & Atlantic
Seney Syndicate
Sgt. Ignace
Mich
Vanderbilt
Receivers appointed as several Ohio firms fail
A. D. Chapman was appointed receiver of the Cincinnati Commercial Agency. Melvin Wentworth of East Lebanon Missouri failed. N Sciridowsky of St. Louis assigned. William Walker of Newee Broadway assigned. Liabilities total about 125000 with assets around 100000. Ray and Scotland of Hanoverton assigned to John B Speidle. Excelsior Refining Company of Cleveland assigned to J H Smith with liabilities about 125000 and assets about 16000.
MENTIONED IN THIS ARTICLE
A. D. Chapman
Cincinnati Commercial Agency
Melvin Wentworth
East Lebanon
N. Sciridowsky
St. Louis
William Walker
Broadway
Newee
Ray & Scotland
Hanoverton
John B. Speidle
Excelsior Refining Company
Cleveland Q
J. H. Smith
The National Capital Washington Tour Plan
Washington offers patriotic appeal with government centers and grand avenues. Tourists are allotted two and a half days on the twenty sixth itinerary as a well arranged program lets visitors study the city thoroughly.
MENTIONED IN THIS ARTICLE
Washington
General Freight Agents Meet Over Freight Car Returns
The quarterly meeting of this association was held at the Pathfinder Railway Guide office yesterday morning. Members discussed prompt freight car returns. several were absent. The meeting was adjourned until 10 o clock this morning to hear those present.
MENTIONED IN THIS ARTICLE
Pathfinder Railway Guide
Scots Charitable Society Holds Quarterly Meeting
The Scots Charitable Society met at Young's Hotel with a relief committee report showing 32785 dollars expended. The 230th annual festival will feature supper first then concert and dancing to aid out of town attendees. Officers for 1888 were elected. annual festival set for November 30.
MENTIONED IN THIS ARTICLE
Scots Charitable Society
Young’s Hotel
Relief Committee
Ee Oes
Market Report on Commodities and Provisions
Finished upper leather strengthens while rough leather improves. Hides and oats rise. flour, rye, malt, and butter hold steady. Eggs, beans, grass seed, hay, straw, potatoes, and sweet potatoes show varied activity. Poultry, apples, cranberries, quinces, grapes, pork, lard, beef, lambs, veal, tallow, sugars, and molasses display overall steadiness with selective demand shifts.
Boots and Shoes Market Shows Strong Trade and Rising Prices
The boot and shoe trade continues steady with strong market demand from buyers in the South and West. Jobbers report prompt bill payments, rising prices, and fewer price cuts, while stock is sold and contracts prompt early delivery. Spring orders and leather demand push footwear production across wax, kip, and split divisions.
MENTIONED IN THIS ARTICLE
Boston
Leather and Hides Market Trends and Prices Summary
The leather and hides market shows firmer prices and improved demand across finished upper leather wax kips brogan leather and calfskins with steady to better activity in rough stock. Exports last week totaled 59 201 dollars with New York reports of 19 972 sides exported as Westerns and Dublin hides move well.
MENTIONED IN THIS ARTICLE
New York
New England
Dublin
Brogan
Brighton
Flint
West
Buenos Ayres
Montevideo
Market Reports Flour and Grain October 20 1887
Fluctuating wheat and corn markets with scarce spring patents on spot. Oats steadier as futures trade continues. No 2 whites steady at about 86 4 and 87 6 cents. Export totals show sizable weekly shipments to United Kingdom and Continent amid steady millfeed and cornmeal prices.
MENTIONED IN THIS ARTICLE
Bush
United Kingdom
Minnesota
Michigan
New York
Canada Superior
Canada
New
Eastern
Dairy and produce markets steady with mixed demand
Butter and cheese markets show quiet activity with steady to soft pricing. Northern creameries and dairies hold steady while imitation creamery demand remains moderate. Montreal export values highlight cheese dominance. calls for an industry association grow. Potatoes, beans, and poultry show varied demand and large receipts.
MENTIONED IN THIS ARTICLE
Ohio
Liverpool
Montreal Gazette
Montreal
Tigris
Hatton
Also Mentioned on This Page
Kansas City
Fort Scott & Gulf
Springfield & Mempnts
Clinton
Springfield
Evors
West Michigan
Detroit
Lansing
Northtern
California Southern
California Southern Railroad Company
Wisconsin Central
Louisville, Evansville & St. Louis
Oregon Transcontinental
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Pullman Palace
Mexican Central
Guadalajara
Wade
Massachusetts
Boston & Maine
Boston and Albany
Vermont
Boston & Lowell
New York & New England
Chicago, Kansas & Western
Boston & Providence Railroad Company
Boston & Providence Railroad Corporation
Henry A. Whitney
Roya C. Taft
Henry L. Higginson
William Minot
San Diego
East Boston
French Bay
Newport
Boston Gas Company
Boston Stock Exchange
Brokers’ Board
Bebore
Cod Boston
Brench Bay
West Enid
B& M
C.B& N
Ny&ne Stone Ea
Old Col
Pullman
Als
M. A,t&s Fcolitics
TSE GB
Pac Inc
C.B & Nvos
C.K & W Ee
E & St
Lgsse
Ae JG Sonora
Do Inc
Erie Tel
Osceola
B&l
Mass
L&g
NY & NE
Ceva
Pullman See
Maar i Cies
DES See
UN Pac Ss
Boston W
Ewan
T& SF
B&q
Ev & St
Peryonshire St
Boston, Mass
Nassau St
Europe
California
British Provinces
Sonora
Boston G Lco
Boston W P
Campobello
Fee
San Diego Land
A&p
T&sf
Nyc&nb
Vero
Central Iowa
St Paul
Lacrosse
Hocking Valley
Houston & Texas General
International
Louisville & Nashville
Oregon Improvement
Rio
Mobile & Olio
Rock Island
Toledo, Ann Arbor & Grand Trunk
Great Western
W. S. Lawson
Gould Party
Mining and Stock Exchange
Great Northwest
Wisconsin
Lake Superior
Seaboard
Master Caruilders’ Association
Minneapolis
Indiana, Bloomington & Western Railroad
Indiana
Illinois
Bloomington & Western
Cincinnati
Sandusky
Cleveland
Columbus
New Consolidated Company
Eese Ee Eee
Florida Southern Railway
Morgan Steamship Line
Trabue
Charlotte Harbor
Gulf
Florida Southern
New Orleans
Havana
Tampa
Central Iowa Railway
Boston Committee
Baldwin Locomotive Works
Louisville
Evansville
Peoria
Decatur
Indianapolis
Sr. Paul
Duluth
Ares Ghicago & Alton
Wecevee
NOAAD
Allones
Catalpa
Osceola Minti
Brunswick Goki Mining
Perros Persreeereeneee
Rappahannock Mining
Eseeerre
Seas Vo Vile
West End Land
Sss
Ceee
Arnold
Aziec. Oer
Kig
Stormont, E. . Powman
iSutro T
Reece
AO Atve
Am. Elec
R. Brung’d
Bur.c.co
Catalp
Lord Ae
H.a. Ae
E.W.M. of
Huron
Mesnard
Wilson W. Fay & Co
Honorine
Iss
Hlee
Eastman Freight Carpeater
Gray's Dynamo
NEW York Financial
San Francisco
Cal
Test & Belcher
Potoet
Vase
Savazc
Cess
Crown Point
Union Con
Eureka
Sens
Gould & Curry
Commonwealth
Hale & Norcross
Nevada Queen
North Belle Isle
Mt. Diablo
Railroad Matters
Car Builders’ Association
National Capital
Cermin Epee
1814
Rio Grande
Entre Rios
Atlantic
Congress Street
Kire Street
Congress Square
Quincy House
Lynn
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