Money market steadies as bank squeeze fails to push rates
The Boston money market stays quiet with the 41½ percent clearing rate holding after a failed attempt by a notorious bar to tighten funds. Outside paper ranges from 6 to 7 percent, call loans at 5½ to 6½ percent, and government and stock activity mixed amid bank changes and market shifts.
MENTIONED IN THIS ARTICLE
Boston
Choice Corporation
New York
Mechanics’ National Bank
W. H E. L. Dillaway
West End Street Railway
Bay State Gas Company
Boston Gas Syndicate
Mr. Dillaway
G. O. L. Dillaway
Messrs
J. Edward Addicks
M. M. Cunniff
Irving A. Evans
Samuel Little
Ble
Sherman
Evans
State Street
Min
United States
National Bank
Sterling Exchange
Continental
Frances
Reichsmarks
London
Messrs. Dupee, Perkins & Co
Central Massachusetts
Atchison
Congress Street
Bears
Smith
South California
California Southern
Atlantic & Pacific
Union Pacifio
Flint & Pere Marquette
Denver & Rio Grande
Kansas City
Springfield
Memphis
Pullman Palace
Summit Branch
Wisconsin Central
Chicago
Burlington & Quincy
Chicago, Burlington & Northern
Supreme Court of Llllinois
Chicago, Burlington &Orthern Road
Illinois Central
Lamoille Valley
Ogdensburg
Central Vermont
Oxdensburger
Optensburg
Mexican Central
Mining and Misc Stocks Reported by Wilson W Fay Co
Stock listings show varied issue names with prices and fractions, including Summit Branch R R, Eastman Car Heater, Bruns Ships Berth, Honerine, Tortilita, Security, Maverick Land, Mexican Telephone, Lord Acoustic Tel, Catalpa, Burton Stock Car, and others with quoted prices and numbers. The report covers sales dated Oct 25 and reflects 22% to 90% AGI figures and unit values such as 100, 20, 21, 8, and 375 across multiple securities.
MENTIONED IN THIS ARTICLE
AGI
Ssscreeves
Summit
R. R
Eeees
Eal -Aleiec
Maverick Land
Lord Acoustic
Ecuia Erect
Catalpa
Lot& E
Boston
West End
Pete Sieg
Ny&ne
UN Pac
T& SF
B&n Bs
CK & W
Englelane
Samson S
Cal & Hec. Gogebie Dest. Co
Osceola
San Diego
T&sf
Old Coleeeereeeree
Pullman
Eee
Samwit
Union Pacific
Vre & Elk H
Ogole
P& Ark
Sonora
GO Inc
A&p
B&p
C.b&n
B&q
SPM
Fitchburg
Ny&ne Pid Pullman “Se
Wis
Ing
Long Island
Lon, & N
Lou
Man
Mem
Ae Calumet & Hecla
Franklin
Central
T Q & Marack
Inne ‘& St. Sees
Aspinwall
M. & . Pacific
Toston
Brookline
M. & Essex
Nash
Chat
N.J
West Bud
Pacific
Atchison
Chi. Kan, & Western
N. Y
Chi. Kan, & Western Inc
K.C
Ft. Scott & Gull
N. Yi &N. Ha
L. Rock & It. Smith
Ohio & Miss
Central Inc
Ont. & West
Scrip
Oregon
Ay Mex
Pac
Oregon Prans
Cae
New Eng
Pillsour
Y.& Nin
Dan
Pueb
Ark. Valley
Pitts Teanee
Southern Kans
Southern Kansas
St. AE
Atch
Topeka
Atlantic & Pacific
St. 1
Texas ’Acific
Providence
Toledo & Dis
Chi, Bar & Norther
Union Acific
Shai Bar
Quincy
Utica & BR
California Southern
Central of Mass
L. E
C., Sand, & Cleveland
Cleve, & Canton
Oregon Iin
Fitchbu
Pacific Mail
G A
Flint & P
Poullinan Pal
K. C
Spring, & Memp
W. Union
N. Eng
Old Colony
Rutland
Pref
seGtree
Swamit
ALG
Bell Telephone
St. P
Ladys
St. P3
Erie
Lainson Store Serv. Co
Nak
Pulman Palace
Ilo Kan. P
Tex. P. L. Re
Len. i
Lex
P. R. Pac
Coul
Lg Ontario
Amador
Lle
Ophir
Savage
Col. Central
Col. Coal
Con
el Cristo
Penn
Dividends Declared by Mason and Gamlin Company
Mason and Gamlin Organ and Piano Company declares a 3 percent dividend payable November 1. The notice indicates the distribution to shareholders and specifies the payment date.
MENTIONED IN THIS ARTICLE
Mason & Gamlin Organ and Piano Company
Fitchburg Railroad’s New York Water Route Scheme
Despatch reports Fitchburg Railroad plans to build joint dock and propeller ferries from Adams Street Troy to New York, creating a direct water route with a new depot and passenger facilities. Also covers local rail earnings for Boston lines, and freight trends with several shippers forming new dispatches and Line surveys across major routes.
MENTIONED IN THIS ARTICLE
Troy
N. Y
Fitchburg Railroad Company
New York
Massachusetts
Fitchburg Company
Troy & Boston
Union Railroad
Adams Street
Newburg
Fitchburg Railroad
New York Money Market and Stock Activity Report
Money on call eased to 3 percent with last loan at 3 and closing at 3. Prime merchant paper 6 8 percent. Sterling steady. Government and railroad bonds dull but firm. Stocks rose after 2:15 led by Northern Pacific preferred. market later steadied and closed near day highs. Notable gains and varied activity across railroads and bonds as the day ended steady.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Northern Pacific
Missouri Pacific
New England
Louisville & Nashville
Kansas & Texas
Harlen
New Orleans Pacific Trust
Peoria
Decatur & Evansville
Richmond & Allepheny
Manitoba
Great Western
Burlington, Cedar Rapids & Northern
Jersey Central
Chicago & Lindiana Coal
Erie
Milwaukee, Lake Shore & Western
Wabash
Real estate transfers across Suffolk and nearby towns
Real estate transfers show numerous parcels traded across Suffolk and adjacent towns including Concord street Willis street Clarke street West Chester park Codham park Cooper street Dorchester Jamaica Plain Waltham Roxbury Chelsea and Chelsea with prices noted and mortgages backing several deeds. Transactions date Sept 23 to Sept 30 with many parcels valued at $1 and several mortgage backs ranging to $3,700 or more. Names include Edward E Twichell Theophilus King Rebecca Bradford Catherine Foyle Cephas Brigham George D Hopkins Seth Baker Mary Cutter Joseph Riley Winthrop Merrill Dudley Whitney William Emerson George Levey Theodore Hall Martha Cole Henry Miller Ellis Miller and others.
MENTIONED IN THIS ARTICLE
Concord Street
Edward E. Twichell
Lucien RB. Pierce
Theophilus King
Willis Street
Alice C. Moulton
William Cook
Charles N. Goodrich
Clarke Street
Rebecca
Bradford
Mary Cashin
West Chester Park
Thomas Mitchellet Ax
William Mason
Codwan Park
Eliza V. Andrews
Catherine Foyle
Codhman Park
Catherine Clinton
Cooper Street
Seth
Oak Avenue
Plain Street
Samuel B. Pierce
Ernest E. Lent
Miller Street
Allan W. Wright
Mary E. Cutter
Blanche Street
J. Homer Pierce
Columbia Street
S. Pinckney Holbrook
Joseph J. Riley
Crescent Avenue
Grant Street
Edward W. AL. Tompson
Margaret FE. Hart
Dorchester Avenue
Margaret E. Hart
Winthrop M. Merrill
Jamaica Plain
Dudley Wiitney
William J. Milley
Chestnut Avenue
Frederic E. Weber
Winth
John Henry Wigmore
William H. Emerson
Cross Street
Martha M. Cole
George Levey
Coral Avenue
Grighton
William Rooney
Theodore P. Hall
Batdings
Chestnut Hill Avenue
Laura Boston
Ellis F. Miler
Henry C. Miller
Silver Streets
William FE. Hutchins
Boston
Nathaniel Jewett
Alexander McCormick
Marion Street
Shelsea
Frost
Joseph W. Brown
Marlboro Street
Foreign Financial Markets In London And Berlin
London market notes show Consols at 102 13 16 for money and 102% on account with various rail and bank stocks listed including Atlantic & Great Western, Erie, Illinois Central, St Paul, New York Central and Reading. Berlin reports Imperial Bank of Germany specie up 6,320,000 marks.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Erie
Illinois Central
St. Paul
New York Central
Pennsylvania
Reading
Mexican Central
Berlin
Imperial Bank of Germany
Mortgages Recorded in Boston Area on Sept 27 1900s
A list of mortgage transfers showing lenders and borrowers in South Boston Winthrop Revere East Boston and Orient streets dated Sept 27 28 with amounts ranging from 40 to 15000 dollars and property types including land and buildings on various street sides. Named parties include William Wallace Eben McCarthy Llewellyn Jones Henry Bona Theresa Riley Margaret Trodden James Riley Palia Weed Howe and others with institutions like North End Savings Provident Institution Five Cents Savings Boston Five Cents Savings.
MENTIONED IN THIS ARTICLE
William Wallace
William Minot
Shawmut Avenue
Eben McCarthy
North End Savings Bank
D Street
Boston
Llewellyn W. Jones
Witham H. Hull
Lincoln Street
Winthrop
Henry Bona
George Bf. Blake
Purchase Street
George F. Emmons
Peter Fay
Ocean Avenue
Revere
Theresa Riley
Ss. Pinckney Holbrook
Grant Street
Margaret Trodden
Seth KR
Baker
Cooper Street
Ames Riley
Bank
Palia Weed Howe
Provident Institution
Boston Five Cents
Webster Street
Boot and Shoe Buyers in Town
A list of major boot and shoe buyers visiting various U S cities and firms. Names include J Mallen Jr of Tucker Smith Co Baltimore W C Carroll Carroll Adams Co and many others from Chicago Cleveland Cincinnati Philadelphia St Louis and more.
MENTIONED IN THIS ARTICLE
Bloomington
Smith
Baltimore
J Mallen, Jr
Tucker, Smith & Co
C Carroll
Carroll, Adams & Co
Tie
Chicago
F Carpenter
Guthmann
Carpenter & Telling
G MacLauchlan
Selz, Schwab & Co
G Leonard
Leonard & Co, Craw
M Fargo
H Fargo
A B Goodbar
Gooudbar, Love & Co
Nashville
Tenn
Murray
Murray, Dibsell & Co
Tre
J R Richardson
J L Goodall
Richardson Bros & Co
Omaha
J S Rodgers
Dewey
Odgers & Co
Towanda
Penn
I B Humphrey
Humphrey Bros & Tracey
Wilmington
A French
French & Sons
York
M B Spahr
Spahr & Sons
Commercial Market Summary Indicates Steady Demand Across Goods
Lumber and flour show fair to firm demand while corn oats and rye stay steady. Butter cheese eggs and beans move modestly with poultry and grapes showing good activity. Potatoes and sweet potatoes remain plentiful. apples dull. pears steady. cranberries steady. quinces scarce. meat and fats vary with pork lard fresh beef lambs veal tallow and sugars firm or quiet.
Lumber Market Stays Firm With Steady Demand Across Regions
The lumber market shows no major changes with steady demand for Eastern, Northern, and Southern timber while Western markets hold firm. Prices remain unchanged for hemlock, spruce, and pine with detailed quotes for boards, shingles, clapboards, laths, and various hardwoods, and weekly Boston totals posted for key species and grades.
MENTIONED IN THIS ARTICLE
Wesern
Hara
Boston
Canada
Indiana
Foreign Trade In September Shows Light Variations From 1886
The Bureau of Statistics reports September 1887 merchandise exports 55,281,768 and imports 56,009,735. For nine months ended Sept 30, 1887 exports total 490,493,815. imports total 535,827,984. Coin exports 2,778,800 with imports 15,651,155. nine months exports 27,160,348 and imports 40,253,859. The monthly merchandise and bullion import excess was 4,925,514. nine months export excess 20,616,182.
MENTIONED IN THIS ARTICLE
Bureau of Statistics
United States
Market Reports October 25 Flour and Grain
Market reports show the flour market firm with spring patents holding steady and mills seeking a slight advance atop quotations. Cornmeal and corn remain steady though dull on corn, with quotes fairly sustained as trade remains quiet. Steamer yellow and high mixed grades are priced around 4 to 7 cents, while mixed cat prices are steady amid moderate demand.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
New York
Canada
Newt
New No
Eastern
Market Roundup: Butter Cheese Eggs and Produce Steady
Butter and egg markets hold firm with quiet trade meeting only essential needs. Cheese and beans show steady demand, hay and rye straw firm, and potatoes and sweet potatoes in limited supply with prices steady. Poultry sales improve, while tallow remains firm. wholesale prices listed for butter cheese eggs and produce across regions and grades.
MENTIONED IN THIS ARTICLE
New York
Vermont
Ohio
New Hampshire
Choice
Higzher
West
North
Jersey
Houlton Hebrons
Aroostook
Aroostook Hebrons
Burbanks
Northern
Hebrons
Bush
Island
Norfolk
Dairy markets report across Utica Elgin and Chicago
Utica cheese market quiet with 10 sales and ruling price 104s¢ top 11Me. Elgin butter at 26c. Regular sales 34,440 lbs and private sales 55,080 lbs. New York butter quiet cheese dull, state factory 10 1144c. Eggs quiet, beans steady, dried apples dull. Chicago butter inactive Elgin creamery 26e Western creamery extra 24c to 25c. Cheese tame at 1014 1114¢ with large receipts. Eggs firm Western extras 1742c. Liverpool cheese market steady at 57s.
MENTIONED IN THIS ARTICLE
Utica
Elgin
New York
State
Chicago
Elgin Creamery
Western Creamery Extra
Liverpool
Liverpool Apple Market Receipts and Exports Report
Receipts of apples are large with steady demand and full quotations for choice lots. Grapes and cranberries show ample supply and fair to firm demand. Kings and Greening are plentiful. Baldwins often wormy and weak in price. Liverpool quotes include Baldwins and pears at 1d 12s to 3 LOs, with weekly exports totaling 35,429 bbls to Boston New York Montreal Halifax and other ports.
MENTIONED IN THIS ARTICLE
Liverpool
Hubbardstons
Los
Boston
New York
Montreal
Halifax
Glasgow
London
Also Mentioned on This Page
Mesvrs
Smith and Bateman
Bostwick and Starbuck
Kccbourg
Phillips
Adirondack
Boston & Albany
Boston & Providence
Perkins, Dupee & Co
Ivis
Lamson
East Boston
Bath Water Supply Co
Bath
Maine
Boston Safe Deposit and Trust Co
Hath
Basset, Whitney & CO
Devonshire Street
Foote & French
Commission
City of St. Paul, Minn
Blake Bros. & CO
State St
Wilson W. Fay & Co
Boston Stock Exchange
Brokers’ Board
Mining and Stock Exchange
Boston, Revere Beach & Lynn
Beesestenseens
Boston, Winthrop & Shore Railroad
Big Four
Michigan Central
Lake Shore
Fort Wayne
Panhandle
Baltimore & Ohio
Grand Trunk
Nickel Plate
Chicago & Atlantic
Pennsylvania Railroad
Southern Railroads
Richmond
Danville
Alexandria
Virginia
South Bend
Ind
Barleytown
la Porte
Pittsburg
ST. Louis
San Francisco
Wheeling & Lake Erie
Schis
Vera Cruz
The
First Board
Allouez Mining
Ane
Bonanza
Eae
Bowman Silver
Breece
I Mining
Peers Ee
Brunswick Gokao
Crescent Mining
Ee Ennae
Dunkin Mining
Rappahannock
Securiy Mining
Stormont Mining
Freeland Mining
Burton Car Co
Amer
Elec. Mfg. CO
Peer Ee
Brookline Land
TOM
Central Mass
Bo N.Y
N.E. RR
Allouez
Mil. Ll
Arnold
Rappa
Aztec
Oss UK
Bowman
iSutro Taw
Brun
G’d
Ain
Elea
Catalpu Me
Bur
C.co
Lord Ac. T. A
Empire
Mass
L.A
Huron
E.wem
Mesnard
National
Toledo R
NEW York Financial
Suffolk County
CAL
Alt & T. i
Air i
K&n
Ches
Uhie
Chi
Alton
C. B&q
St. Ds. Paes Pref
Onere
Holy C
Cleve. & Coles Oe
Bo Apne
Col
Ea V
Den
PYBL
East Tenn
OG Bd Press
Civices
California
Potosi
Sierra Nevada
Crown Joint Union
Gould & Curry
Utah
Hale & Norcross
Commonwealth
North Be
Foreign Financial Markets
Kire Street
Congress Square
Quincy House
Lynn