Money Market and Stock News From Boston and Wall Street
The Money Market shows firmer clearing rates with calls at 5 6 14 percent and 6 percent on general paper. Bonds, specie, and reserves shift modestly higher. Atlantic Pacific disputes and Arizona Mineral Belt records prompt new exchanges. Rail talks in Boston reveal Consolidated Road ambitions linking Boston Providence and Stonington routes, with Charles P. Clark poised to reshape regional rail traffic and equity holdings.
MENTIONED IN THIS ARTICLE
Boston
New York
United States
National Bank
Sterling Exchange
Reichsmarks
London
la Gascogne
Europe
Kidder, Peabody & Co
Henry Clews
Wall Street
Atchison
Chicago
Wall Street News
Southwestern Association
Kansas City
Missouri River
Atlantic & Pacific
Eddy
Arizona Mineral Belt Railroad
Atlantic & Pacific Railroad Company
Arizona Mineral Belt Railroad Company
McDone
Atlantic & Pacific Road
Milk Street
Strone
Natt
Winslow
Nutt
Arizona
Seligman
Gardner
Atlantic & Pacific Railroad
Manchester
Boston National Bank
F. E. Hinckley
H. C. Nutt
Mass
Atlantic & Pa
Rail consolidations and stock shifts reported in 1883 plans
The article discusses alleged alliances to control New York New Haven & Hartford stock to push a plan with July 1883 terminal goals at Grand Union depot New York and Boston & Providence depot Boston. It lists bond movements for multiple rail lines and a San Diego land drop, plus Bay State Gas lease terms and pipe expansion plans in Boston.
MENTIONED IN THIS ARTICLE
Clark
New York
New Haven & Hartford
Boston & Providence
Stonington
Consolidated Railroad
Grand Union
Boston
Chicago, Kansas & Western
Atchison
Kansas City
Springfield
West End
Newport Land Company
C. D. Wainwright
Bay State Gas Companies
Bay State
Bay State Peole
City
Back Bay
Dividend Declarations From Major New England Firms
The Globe Yarn Mill Company of Fall River declares a quarterly dividend of 2 percent. Crescent Mills Company of Fall River follows with 1.14 percent. Yale and Towne Manufacturing Company of Stamford Connecticut declares a 2 percent dividend.
MENTIONED IN THIS ARTICLE
Globe Yarn Mill Company
Fall River
Crescent Mills Company
Yale & Towne Manufacturing Company
Stamford
Conn
Bath Water Supply Co First Mortgage Sinking Fund Bond
Bath Water Supply Co of Bath Maine issues bonds in 500 dollar pieces for a first mortgage sinking fund debt. Coupons payable June and December at Boston Safe Deposit and Trust Co. Under Maine legislature acts the works are complete with many consumers and hydrant rentals from the city. Investment recommended. for details apply to Basset Whitney & Co Boston.
MENTIONED IN THIS ARTICLE
Bath Water Supply Co
Bath
Maine
Boston Safe Deposit and Trust Co
Basset, Whitney & CO
Devonshire Street
Boston
New York Money Markets and Stock Decline In Late Trade
Money on call eased to around 4 percent with last loans at 4. Prime mercantile paper 6 8 percent. Stocks weakened sharply with most issues losing in early trading then drifting, St. Paul among the weakest. Afternoon rally faded, closing near session lows as railroad bonds and leading shares posted renewed losses. Sales totaled $798,000 with mixed gains in select bonds and notes.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
St. Paul
Tie Bears
Missouri Pacific
Western Union
Union Pacific
Chicago & Alton
Chicago & Milwaukee
Milwaukee, Lake Shore & Western
Richmond & Danville Consols
Tennessee Bee
Chicago & West Indiana
Erie
Galf
Colorado
Sant Ke
Kansas & Texas
Texas Pacific
Pennsylvania
St. Louis
Arkansas
Texas
New York Stock Sales Report October 24
Today's transactions sum 252 300 shares. The list shows shares sold with opening highest lowest and closing prices for today and the closing price yesterday.
MENTIONED IN THIS ARTICLE
New York
Foreign Financial Markets Report From London and Paris
London prices show Consols at 102 11 16 money and 102 18 16 account. U S 4s at 129 1 2 percent, Canadian Pacific 53 5 8, Erie 28, Illinois Central 120 1 4, Mexican ordinary 40 1 4, St Paul common 75, New York Central 109 1 4, Mexican Central 12 1 2. Paris quotes 3 per cent rentes at 871 centimes for the account. Open market discount at 34 1 4 percent for short and three months’ bills.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Ing
Ing. M
Eosox
Nash, & Chat
Sheen
Paol Fle
Ie Ia
Bonanza Development
Calumet & Ipsipyet
Northwest
Franklin
N. Y
C. & Starene
Tamarack
Ewes
N.E
Onic & Miss
Aspinwall
Boston
West
Brookline
Oregon
Sean Diego
Ceres
Atlantic & Pac
Cal
Southern Incomes
Roch. & Pitts
Ae Chi, Chi
Kan. & Western
Western
Rock Island
Rigad Iil
K.C
Ft. Scott & Gulf
St. L
S.F
J. Rock
Ft. Smith
Central
Central Inc
N.Y
New Eng
Texas Pacific
Toledo & C. C
Utica & Brk
Sonora
Steestosteoge
Ae L.& P
Southern Kansas
Southern Kansas Inc
L. E
Wis. Central
Roe Railroad Companies
To = &SA
Pacific Mail
Atlantic ¢ Pacific
Pullman Pal
Boston & Albany
W. Union
Oston & Lowell
American Oil
Boston & Maine
Boston & Providence
Bur
Ocoeae
Quincy
Ornia Southern
Central of Mass
N. W
C., Sand
Cleveland
Flint & P. R
Itchburg
Mar
Spring
Memp
Sin. Shore
Inion Pacific Jereve
Adams
U.S
Erie Telephone
Amador
Ontario
Lamson Store Serv. Co
Brunswick
Quicksilver
Pullman Palace
Cal. Coal
Wees Py Con.Cal
Val6ly
el Cristo
H. C
Tenn. C
London
United States
Canadian Pacific
Erie
Illinois Central
St. Paul
New York
Railroad matters balance sheet for Cincinnati Sandusky & Cleveland
The annual report for the fiscal year ended June 30 1887 lists assets including Railway 6 64023363 cash 4210435 notes receivable 47001 52 and estimated value of remaining Sloane property 40263 12 with floating assets 42844125 and liabilities such as capital stock 4015750 preferred stock 428850 Sandusky Day ton Cleveland bonds 538000 and other items. Total assets and liabilities amount to 7069678 22. floating liabilities 13599823 and balance floating assets 29244802 show changes from the prior year.
MENTIONED IN THIS ARTICLE
Cincinnati, Sandusky & Cleveland Railroad Company
Indiana, Bloomington & Western Railway Company
C. E. Henderson
Indiana, Bloomington & Western
Sandusky, Dayton
Cincinnati
Eastern
Sandusky City & Indiana
Sandusky & Cleveland
Railroad President Says Freight Demand Soars
President Roberts of the Pennsylvania Railroad reports 30,000 freight cars a year ago and 12,000 more ordered, now short again with 11,000 more on order. He cites expected increases in wheat and corn by a million bushels each. The Manitoba issues a tariff cut on its Montana extension, with rates 50 cents to $1 below the Northern Pacific.
MENTIONED IN THIS ARTICLE
Roberts
Pennsylvania Railroad
Manitoba
Montana
Northern Pacific
Business Troubles Shake Major Firms Across the Nation
Ashworth & Downey, cotton manufacturers in Philadelphia, face a $100,000 failure. Reod & Maxwell of Washburne deposits $208,000 with Third National Bank, risking about $450,000 liabilities and 200+ jobs lost. Horace Webster & Co. liquor dealers in New York and Philadelphia show $705,730 liabilities with roughly $250,000 asset value. assignee bond set at $50,000.
MENTIONED IN THIS ARTICLE
Ashworth & Downey
Philadelphia
Reod & Maxwell
Washburne
Wis
Third National Bank of
St. Paul
Horace Webster & Co
Whale Liquor
New York
Cruel Carelessness Causes Dog Injuries in Boston Streets
A dog living near Beacon and Bowdoin streets was struck by a carriage as it crossed Beacon Street. The driver did not stop or check the horse and the dog was run over, badly injured, with likely euthanization. The exact time of the incident is not known.
MENTIONED IN THIS ARTICLE
Boston
Beacon and
Bowdoin Streets
Beacon Street
Ex Detective Hersom on Trial in Diamond Larceny Case
The diamond larceny case against ex detective Hersom opened in the Superior Criminal Court. I F M Harris testified to the theft and recovery at Providence, noting his debauched state when diamonds were stolen. Witnesses placed Harris and Hersom at Tre Mont House. Pinkerton’s Thornhill said Harris claimed Hersom had a diamonds claim.
MENTIONED IN THIS ARTICLE
Hersom
Superior Criminal Court
IF. M. Harris
Drmmer
Providence
Otar
Harris
Treroont House
David G. Thornhill
Pinkerton Agency
Pearline Advertises Modern Soap Benefits
Pearline proclaims itself as the modern soap that makes cleaning easier, delivers best results, and is harmless.
Evans Bankers and Brokers Ad
W S Evans and Co offer cash or margin trading in stocks bonds and oil with direct wires to New York and Chicago. Extra facilities rapid service small margin profits unlimited brokers orders solicited.
MENTIONED IN THIS ARTICLE
New York
Chicago
Market Report Shows Quiet Flour and Steady Crops
Commodities list mixed movement with corn firmer and oats steady while rye and malt hold steady. Butter and cheese quiet. eggs steady. potatoes plentiful with fair movement. tomatoes stronger and holders firm. California fruit trade expansion noted alongside larger September shipments and regional price ranges for flour and grain. Public markets show firm tomato prices and steady sugar and molasses trends.
Market Reports Oct 24 1897 Flour Prices Hold Firm
The flour market shows firmer tones with good trade reported by several dealers. Minneapolis mills hold ample orders to close navigation, allowing price rises of 5 to 10 cents. Cornmeal, oats, rye, and barley show varied firmness and steady quotes, with extensive note on futures bids and daily inspections across Chicago and New York warehouses.
MENTIONED IN THIS ARTICLE
Minneapolis
Sec
Chicago
New York
Butter Market Holds Steady Amid Quiet Trade Across Goods
Market reports show no change in butter and eggs with steady to firm prices. Beans seeds hay and rye straw supply steady, with good demand for beans and choice potato lots. Poultry and cheese prices mixed. butter offers wide variety of regional quotes with receivers’ prices firm.
Market Report on Cheese Butter Eggs and Beans
At Canton 450 cheese sold at 11c for large and 12c for small. Ogdensburg offered 6000 cheese with firm market. 250 sold at 1 144c, 500 at 1Llc. In New York butter quiet with varied dairy prices. Eggs steady at 26c state 22 23c western 21 21c. Beans steady with marrow 2500, medium 225, pea 226, red kidney 210 220. Dried apples quiet.
MENTIONED IN THIS ARTICLE
Canton
Ogdensburg
New York
State Creamery
Western
State Dairy
State
Fruit Market Receipts Show Mixed Prices for Apples and Grapes
Receipts of apples remain large with full prices for choice fruit and strong demand for pears. Cranberries stay firm, grapes supply tight, and prices improve. Snow & Co auctioned Tokay and Almeria grapes at $3 75 to $4 per case and $4 87 to $5 87 per barrel. H Harris & Co to auction 2156 Spanish onion cases and various grapes and pomegranates.
MENTIONED IN THIS ARTICLE
Snow & Co
Almeria
Almerias
H. Harris & Co
Malaga
York State
Also Mentioned on This Page
Cific Railroad Company
Chicago, Burlington & Quincy
New York Stock Exchange
Nebraska
Wisconsin Central
Ashland
Omaha
California Southern
Mexican Central
Summit
Chicago, Burlington & Northern
Eastern Illinois
Memphis
Birmingham
Cleveland & Canton
Central Massachusetts
Boston & Lowell
Massachusetts
Northern
New York & New England Common
Old Colony
Boston Railroad
Boston & Providence Railroad
Street
Lessor
Choate
New York & New England
New York, New Haven & Hartford
New England
New Haven
Hartford
Consolidated Road
James T. Furber
Charles P. Clark
Utica
Consolidated
Thames River
New London
Albany
New York & Boston Rapids Transit Company
Clark-Higginson
York & New England
Nassau ST
Harvey C. Wheeler
Traveller Building
State St
Brokers’ Board
Erie Tel
Hee
Osceola
San Diego Land
West Bad
T&s Sk
Ny&ne
Kansas Inc
RG Bos
Quincey
Boston Land
San Diego
B& N
Cl& C
Éie's
Sve Union Peer
Lamson
Quincy Ae
T&se O
Vicene
Csi
C,b&n Ee
C&e
NY &Ne Ee
T& S
A & Pine
C, KR & W Bs
USG
Wallner
A & Ee
B&m
M&b
Ny&nepfd
Pullm
Union Acific
Mining and Stock Exchange
First Board
Bowman Silver Mining
Seeee Cneeves
Dunkin Mining
Osceola Mining Asa
Rappahannock Mining
Security
Brunswick Gold Mining
Seeee
Allonez
Bonanza Mining
Stormont Mining
Ener
Boston Water Power
Kensington Chair Co
Lord Agoustic Telephone
Dr. & Mil Arnold
Rappa
Aztec
Bonanza
Side
Bowman
Stormont
Breece
Brun
Elee
AL Catalpa
Bruns
Dunkin
Lord
Empire
L.A
Huron Fe
N.E.W.M
Mesnard
Ae National
Toledo R
Wilson W. Fay & Co
State Street
NEW York Financial
Alt &T. i
Pac
OS B & Air L
Iowa
Free Central Pac
Che & Ohio
Chi. & Alton
C. B&q
C . Hol
Cleve
del. & L
Den
East Tenn
Port Wayne
Lions
Lexas
Pepinals
Kan
Tex
Kings & Ettia
Lek
Lake Shore
Gilly
Long Island
Lou
Man
Beach
Tom, Man
Eley
Wee Mem. & Ch
Wwee
Minn
Sas
California
San Francisco
Mt. Diablo
Potosi
Best & Belcher
Union Con
Wee ”S Chollar
Enon
Crown Point
Yellow Jacket
Common Wealth
Gould & Curry
Hale & Norcross
Nevada
Foreign Financial Markets
The
Cincinnati, Sandusky & Cleveland
Congress Street
Congress Square
Quincy House
Mower’s
Forest
Lenin
W.S. Evans & CO
Bankers & Brokers
Washington St
Young’s Hotel
Burlington County
New Jersey
Baltimore
East
San Francisco Journal of Commerce
Sacramento
Los Angeles
San Jose
Oakland
Colton
Marysville
Stockton
Columbia River
Harford County
Jersey
Seaboard
Bush. Bush
United States Seaboard
Bush
Minnesota
Michigan Stone
Michigan
Canada Superior
Canada
New Ne
Vermont
Northern Sage
East Stresh
New Hampshire
Nova Scotia
Island
New Brunswick
Choice
Yor Larga
North
Houlton Rose
Albe P Bush
Houlton Hebrons
Aroostook
Aroostook Hebrons
Burbanks
Hebrons
Norfolk