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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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