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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 29, 1888

Page

6

Money Market and Wall Street Summary for Oct 27 1888

The Money Market shows an easy week with clearing house rates at 2.5% and general loans 4 to 6 percent. New York Clearing House balances steady at 2%. Weekly exchanges total $102 million with NYC clearings around $663 million for the week. Bond offerings and foreign exchanges are detailed, with various city clearings and stock movements noted including Atchison and Western rails. The New York bank statement shows a reduced surplus reserve of about $1.2 million and a mixed city-banks table. The local stock market is active with Atchison gains and other rail and copper stock movements, while legacy notes discuss broker perspectives and regional developments.

Boston Clearing House New York Clearing House Learings Ances New York Chicago St. Louis San Francisco New Orleans Charleston Savannah Washington Frances Reichsmarks Treasury New York City United States Philadelphia Cincinnati Pittsburg Kansas City Owsville Lilwaukee Jinneapolis Omaha Cleveland Galveston Indianards Memphis Columbus Hartford Yew Haven Yee Ortland Wringfield Norfolk Joseph Worcester Lowell Atchison the Post Brookline Chronicle Atchisan Jesson Western Railroad Eastern Railroad Fitchburg Boston & Maine Maine Eastern Cordley & Co The Fitchburg Preferred New England West End Railway the Herald Chicago & Eastern Illinois Road Lake Shore Rock Island Fourteenth Street West End Beacon West End Street Railway Company San Diego Frenchman’s Bay Kansas & Western Calumet & Hecla Boston & Montana Allouez Osceola Kearsarge Red Jacket Times Calumet & Hecla Company Lake Superior Calumet Red Jacket Boston Herald Trench Syndicate Herald

Union Pacific Branch Bonds Offer for Lincoln & Colorado Railway

The Union Pacific system outlines surplus earnings and debt metrics through June 30 1888. It describes a new Lincoln and Colorado Railway branch, 220 miles, connecting Salina to Oakley Kansas, with bonds offered at price 95 plus accrued interest. Subscriptions open October 30 and close October 31, with delivery after payment and receipts.

Union Pacific Railway United States Union Pacific Kansas Pacific Union Pacific, Lincoln & Colorado Railway Kansas Pacific Railway Salina Lincoln Waldo Colby Oakley Kansas Denver Canon City Colorado Saline, Lincoln & Western Railway Co Oakley & Coley Railway Co Union Pacific Railway Co

London Markets and US Securities Report Oct 27 28

London reads Consols at 97716 for money and account. US securities quoted. St Paul 68 12, New York Central 112, Reading 26 12, Mexican General 67, money 24. Paris: 82 francs 66 centimes for account. Bullion outflow noted. discount 3 2, loan rate 4. Mortgage bond issues planned by Morton Rose, Barings, Blake Boissevain for Santa Fe, City of Montreal, and Union Colorado railroads.

New York Alt T. H Air Line Pacific Central Iowa Central Pacific Chea Ohio Chi Alton Estes del. & L Wye Den East Tenn Erie Aeneeeres Fort Wayne Ft. W Val Houst Texas Mil Kan Tex L. Ee & Weens Lou Man Mich Minn St. Ae Nor Pacifc G Gil Northwest N.Y C. & St. Ene N. Y WN. E Ohio & Miss West Ceesses Seree Oregon Pittsburg Reading Weer Rich. & al Ssese Beit W. P Rock Island S. F Pani Eenre St. P Me & M Boylaton Nat. Bank Tex. Pac Blackstone Nat. Bank Tol O. C Ésig Continental Nat, Bank Utica & B. BK Freeman’s ATK Eeee Ereenreseene W St. L Borg i Eiadie Waccavew Pacific Mail Bank Pullman W. Union Lowell Eeeseeeeeens Am. Oil Ener Laconia Mfg Ever Con. Gas Merrimac Cal Boihe Boston Heating Co OTY Can C.B& N East Boston Dry Dock Co Cen Lombard Investment Co Chi, Kan & Wine McKay Metallic Wastening Mem & Birm McKay Heelin Machine Co KR. G. W Seepee Doine Reece Button Ole Machine Co St. Ls Maecees Saccenvese Hamn Hire Cecevere LUBA N. E. Mort. Sec Aeia Ewes Seeeaesees Kan. P Bell Tel Columbian Nat. Bank D. D So. P. Erie Tel Nat Webster Bank Seeeeers Eagle Bank Union Bank Eevee P. L Boston Suffolk Nat. Bank Mat. Union Frenchman’s Bay Land State Nat. Bank Ccc N. J N. W. Cons W. Shore Atlantic Ccocvccwceern Third Nat. Bank Express Ccccccvesces Tremont Na’ T. Bank Ee “Renee Atlantic Cotton Mills Ee Eens Adams LiLi Fargo Bost & Mont Copper Cocheco Mig. CO Eee Aeere American We Cal & Hecla Eeees Dwight Mig. Co Kearsarge Eereeeees Great Falls Mig. CO Eeeesesees Oe Amador Quicksilver National Rsevcesses Hilt Mfg. CO Ceseccererer Lowell Leachery Col. Coal Oscedla Lowell Mig. CO Seeeeseeterereeens Ee Ee Hock Coal Oma Tenn. C Ulngcy Ecosses Pacific Meevee Saba Vis Siaara United Copp Fitchburg Ontario B& N Portiana Saco & Port Twhch & Worcester T&s BB Cts Frias Nashua & Lowell Gods Vias Cyclesvenese Vermont Mass Ceeres West Bod Ceee Coffea House Orienta & Albany Nyg&ne Ie & Ik N. E. Mort Asia West End London United States Atlantic & Great Western St. Paul Pt Bank of England Stock Exchange Morton, Rose & Co Santa Fe Barings City of Montreal Blake & Boissevain Union Colorado Railroad

Money on call and mercantile paper move in dull market

New York reports easy money on call with no loans and 2 percent closing. Prime mercantile paper remains in demand with bills rediscounted at 4 6 percent for 60 to 90 days and 5 6 percent for four months acceptances. Sterling and sterling exchange are dull and steady with quoted and actual rates. Government bonds and stock market are dull and irregular with early strength fading after the first call.

New York Prime Mercantile Sterling Exchange

Export Trade Shows September Boost in Merchandisе Flows

The September foreign trade report notes exports exceed August by over five million and surpass any month since February while imports drop nearly 4.3 million to the lowest since last December. Over the past year exports fell by about 38.5 million, with imports up roughly 16.6 million. An ad touts G W Simmons & Co. conductors coats as warm, affordable gear for city officials.

G. W. Simmons & Co

Market Report Flags Steady Prices Across Commodities

Flour and corn markets show mixed signals with flour advancing in spots while corn and oats stay quiet. Egg and bean prices hold firm as pork edges lower and lard eases, with livestock including hogs and muttons showing softness and veals and lambs remaining plentiful. Chestnuts and grapes appear abundant to buyers.

Market snapshot across cities shows steady wheat and corn quotes

Baltimore cash markets show 10842 103 percent, Philadelphia cash wheat at 1094 109 percent, Detroit No 1 white at 11144 and No 2 red at 1112. Corn spot quiet yet steady with Steamer yellow 58 and 59 in elevator, Steamer mixed 57 on track and 589 in elevator. No 2 yellow shipp price at 4e.

Baltimore Philadelphia Detroit

Also Mentioned on This Page

Chicago, Burlington & Quincy Chic & Northwestern Ilinois Chronicle Brookline California Southern California Southern Railroad Company Atlantic & Pacific Inc Oregon Transcontinental Cleveland & Canton Mexican Central Chicago, Burlington & Northern Messrs Blake Boissevain & Co A. Boissevain Union Pacific Railway Company American Loan and Trust Company of Boston Total Blake Bros. & CO California Dik John M. Graham William Claflin Robert M. Morse, Jr William T. Parker P. A. Collins Liam W. Crapp Joan Goldthwait Warren B. Potter William A. Haskell John G. Paige Temple John M. Grailam Henry L. Jewett Ternational Trust Companio C.H. Venner & Co Congress ST Arkansas & Texas Arkansas Boston Stock Exchange BROS First Nat Fire Ins. Co Bay State Live Stock Co Mass Mat. Fire Ins. Co Dorchester Gas Lt. Co Citizens’ Bank of Wichita Russell Mills Plymouth Douglas Axe Cheshire RR Lombard Invest. Co Tamarack Mining Co., Jr Do Lu St. Croix Land and Lumber Co Mt. Bond State Nat. Bk Tremont N. Bk N. Union Bank Shoe and Leather N. Bk Middlesex Amory Dwight Mfg Amoskea Fg Amory Mfg Atlantic Cotton “Mills Hamilton Woollen Chicopee Mfg Cocheco Manchester Cotton Mills Maine Cent RR McKay Brusell Trimmer Co Mutual Ins. Co Saginaw Valley Kansas City, Top. & Western Rit Boston & Albany RR Fitchburg RR Sluukd Pere Bus Best & Kelche Bowie Cal Crown Point I Gould & Curry Hale & Norcross Navajo Nevada North Besh le Isle Potosi Savawe Sierra Nevada Union Con Utah Aueemeeer Renee Ee Eye News Og & L Union Fears Atch Atlantia Boston & Albany Boston & Lowell Boston & Prov Cal. Southern Central & Mass Canton Col Cite Coekal Sisseees Flint & P. M. Com K.C Fr. S. & Guif K. C L. R E. & St. Eee Maine Central New Eng Rutland Summit Wis. Central Bell Sear Stereeses Sewer Lastman Big Lamson Store Ser. Co Pullman Palace Mining and Stock Exchange Boston Rappa Allonez Arnold Azlec Space I Lord Huron Masa Mesnard Ocean Toledo Pontiac Allonez Arnold Ween Bonanza Devel Va B. & Mont Vewereereere Catalpa Hankin Franklin Canenees Fiulon Esanasavenseeres Ironton Aspinwall Econ Cesseers Qin Baai Horton Krench Bay Maverick Woouasson Roly Pac Aglo i Sae vaNs Con St. P. Gs Lybs Soc G. Ts M. Ga St. S. Ja Akers Devonshire Street Foote & French R’y & Nav. Co Ge Geld Be Ames Everesere No. Pacific Duc Mt. Jos. & Gr M’ge Gold Elmer Golds Congress Street Foreign Financial Markets NEW York Financial J. E. Carter & CO Bankers & Commission Washington ST Commercial. Matters Farnum, Reardon & Co Ee Ag Sccacts Rene Cccoce St Louis Markutys Grain Junction Cecrecevassees Fitchburg RK Eeeer Minnesota Michigan Canada Superior Canae City Mills City Mall Milwaukee Inneapolis Northern Duluth Ee Eeenenerseragseteons C.S Herbie Club Rire Street Congress Square Quincy House Lynn Mower’s
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