Money Market and Bond Movements In Boston Trading
The money market eased as banks held a cautious policy on time paper. Clearing House loans ranged 2 to 2.5 percent with collateral notes from 4.5 to 6 percent, and call loans 8 to 4 percent. Railroad bond and stock disbursements totaled about 20 million, with railroads at 18,030,797 this month versus prior years. Musgrave & Co. failure sparked a minor market wobble but overall demand supported stocks, Atchison slips, and Chicago lines lead gains. several rail earnings reports and bond issues featured in the day’s activity.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
Eee
Iuc
Inc
The
Treasury
Secretary of the ‘Treasury
Atchison
Musgrave & Co
Loo
Musgrave
Musave
Russell Sage
Kennedy
Newcomb
Jolding
Beaton
Missouri River
Kansas City
Alton
Midgeley
Atchison, Topeka & Santa Fe
Kansas City Electric Light Co Bond Issue Details
The Kansas City Electric Light Co offers $150,000 first mortgage twenty year bonds at 69 percent. Secured by linking fund to retire at maturity. Real estate security exceeds total debt. Company paid 10 percent annual dividend since start. 1888 net earnings were 34 percent on capital stock. Price and particulars on application.
MENTIONED IN THIS ARTICLE
Mexican Central
Boston
Reynolds
Mexican Central Railway Company
London
England
Tampico
Kansas City
Fort Scott & Memphis
Memphis
Birmingham
Clinton & Springfield
New York
New England
Ctvat Ucb
Kansas City Electric Light CO
Adams Blodget Co Auction Sale of Stocks Sept 4 1880
Adams Blodget Co announces an auction of a large diversified stock list on Wednesday September 4 1880 at 11 30 a m. The items include railroad bonds banks insurance and manufacturing stocks with many named companies and trusts. The sale reflects a broad portfolio from Eastern RR Com to National Bank issues and railroad mortgage securities.
MENTIONED IN THIS ARTICLE
I England Mortgage Security Co
American Rapid Telegraph Co
Burlington & Missouri River Rit
Iowa
Lansing & Northern KR
Jackson, Lansing & Saginaw RR
Ogdensburg & Lake Champlain RR
Portland & Kennebec RR
Wisconsin Valley RR
Oeensburg
Lake Champlain St
S. F
National Mortgage & Debenture Co
Market National Bank
Fort Payne Coal & Iron Co
Trustees
Southern Kan
TL Do Tex. Div
Sonora
St. Josie i
Union Pacific Fa
Wis
Cen
Lst Oye Aan
Atsh
Top
Issaveces
Tus & Gail
Ara Am. Bell
Erie
Easman Car Heater
Nate Lamson Store Ser, CO
Pullman Palace Gar Co
Cotton Oil Trust
Preumatic Tool Co
Barton Stock Car Ce
Tee
Boston &Liverpool
Illinois Steel Co
Estes
Lynn & Boston Railroad
Lynn Gas & Electric Co
Mt, Desert & Last Shore
Malden Electric
New York Despatch Co
National Lead Trust
North ‘ Hi
Aenia Eens Oy
Sugar Refineries Co
Thomson-Houston Elec
Thomson Tlee. Welding
Westinghouse Elec. Co. Sa
Winnisimmet Co
Dividend declarations from several firms in early period
The Central Car Company declares a quarterly dividend of 2 per share. West Jersey & Atlantic Railroad Company and West Jersey Railroad Company each declare semi annual dividends of 1 per cent and 3 per cent respectively. The Northwestern Guaranty Loan Company pays bond interest of 3 per cent. Pratt & Whitney Company Hartford declares a semi annual dividend of 3 per cent.
MENTIONED IN THIS ARTICLE
Central Car Company
West Jersey & Atlantic Railroad Company
West Jersey Railroad Company
Northwestern Guaranty Loan Company
Pratt & Whitney Company
Hartford
Denver City Railway Bonds and Denver Curry Cable Railways
6 percent gold bonds secured by a first mortgage on all property of the Denver City Railway Company operating fifteen horse powered car lines over fifty miles. Bond security also includes a first mortgage on the Denver Curry Cable Railway Company with four miles of double cable tracks power house and equipment. Particulars on application including price par and accrued interest.
MENTIONED IN THIS ARTICLE
Denver City Railway Company
Denver Curry Cable Railway Co
Wall Street Mixed Activity Lets Gains Fade by Afternoon
Money on call remained easy with rates near 22 6 and 3 on last loans, while sterling exchange stayed firm around 4.84 for sixty day bills and 4.87 for demand. Market breadth narrowed after noon with initial advances trimming to small fractions, notable strength in Oregon Improvement and Union Pacific, yet main indices drifted lower after 2 p.m. as trades cooled.
MENTIONED IN THIS ARTICLE
Hocking Valleys
Hocking Valley
New York
Prime Mercantile Paper
Barsilver
Sterling Exchange
Atchison
Burlingtop & Quincy
Oregon
Union Pacific
Atchison, Union Pacific
Louisville & Nashville
Chicago
Northern Pacifics
Burlington & Quincy
Hocking
Imperial Bank of Germany Reports Drop in Specie
Foreign financial news from Berlin notes the Imperial Bank of Germany shows a decrease in specie by 18,450,000 marks. London market updates list Consols at 96 3/16 for money and 97 1/16 for account, with several stock and commodity quotes and pari exchange figures.
MENTIONED IN THIS ARTICLE
Berlin
Imerial Bank of Germany
London
Canadian Pacific
Erie
St. Paul Common
Paris
Foreign Wool Sales at Antwerp Fair Date Sep 6
Buyers attended the Antwerp wool sale where 2100 bales were offered. Demand was good and sales totals included Buenos Ayres 122% bales at 607190 francs per 100 kilos, Montevideo 248 bales at 120 220 francs, and Algerian 154 bales at 80 110 francs.
MENTIONED IN THIS ARTICLE
Antwerp
Buenos Ayres
Montevideo
Print Cloth Market Quiet in Fall River at 3 1/4 C
The print cloth market in Fall River closed quiet and steady at 3 1/4 cents for 64x64s. Labor holiday yesterday will cut production for the week to near contract levels, and manufacturers are not eager to sell at quoted prices.
MENTIONED IN THIS ARTICLE
Fall River
Sunday tobacco sale leads to fines and appeals in court
In municipal court Charles Wood a Parker's drug store clerk was fined five dollars and costs for selling cigarettes on Sunday. He appealed and was held for the Superior Court in two hundred dollars. Eugene Dean and M B Wiley druggists were similarly fined and held for the higher court as the Crustgists Alliance plans to contest the issue.
MENTIONED IN THIS ARTICLE
Charles Wood
Parker
Eliot and
Tremont Streets
E. Nicholson
Wood
Superior Court
Eugene Dean
Tremont Street
Shawmint Avenue
M. B. Wiley
Washington Street
Crustgists Alliance
Commodity Market Snapshot Circulates Mixed Signals
The report notes steady to firm trends across many staples. Eggs rise while oats and several fats show dull to quiet movement, with meat prices mixed as pork and veal hold firm while mutton and lamb ease. Sugar and molasses remain steady or nominal.
Wheat and Corn Market Swings Prompt Curb Trade Notes
The Chicago option markets report sharp early gains in December wheat before a downturn as offerings rise and visible supply estimates shift. Corn eases yet shows steady demand, while drought worries and weather shifts threaten recent crop progress. pork and ribs trade tighten amid unsettled provisions and mixed futures prices across exchanges.
MENTIONED IN THIS ARTICLE
Chicago
Gilman, Cheney & Co
Boston
Farnum, Reardon & Co
Rio
Clba
New York
St Louis
Boes
Minneapolis
James and Abbot Lumber Trade Notes September Opening
A cautious September start for lumber markets with steady prices across Southern pine and cypress. Vessels scarce, steamers planning extra trips as cotton shipments fill space. hard pine, spruce, and hemlock markets show firm demand with moderate arrivals and varied yard prices.
MENTIONED IN THIS ARTICLE
Atlantic
Gulf Ports
Lumber Prices and Demand Hold Steady Across Pennsylvania Markets
The Pennsylvania boards market shows steady demand and firm prices for inch and box boards with recent sales at 13 to 14 dollars for various sizes. Western pine improves in demand with several large transactions, while Michigan uppers and selects remain firm. hardwoods stay in good demand with cherry and ash showing strength and clapboards active.
MENTIONED IN THIS ARTICLE
Pennsylvania
Michigan
Coal Trade Shows Mixed Demand and Planned September Tonnage
The coal trade notes improved demand for anthracite but ongoing quiet trade overall. September tonnage is capped at 3,000,000 by companies, with a 137,654 ton drop from 1887 and 916,826 from last year’s September. Bituminous demand remains solid, shipments ride on limited vessels, and freight rates hold firm. Retail demand stays active and prices hold. Weekly anthracite shipments reach 778,731 tons versus 849,197 a year ago, while tides at tidewater show a yearly rise of about 201,600 tons. Surplus supplies exceed current needs, and total capacity plus private dumps could push the surplus past 1,000,000 tons.
MENTIONED IN THIS ARTICLE
Pottsville Miners’ Journal
Tidewater
Also Mentioned on This Page
Topeka
Santa FE
Colorado
Colorado & Santa Fe
California Central
Lee
Chicago, Burlington & Quincy
Deecreass
Bell Telephone
West End
the Herald
Sorrento
Messrs. Jones
Sinclair
Frenchman's Bay
Jones
Boston & Montana
Tamarack
Franklin
Gscevla
Butte & Boston
Silver Bow
Batte
Misce Hancous
Nb Cee
First Mortgage
Adams, Blodget & CO
Congress Street
Boston Stock Exchange
Miscellaneous Stock Exchange
Eastman
Eastern RR
Portsmouth, Great Walls & Ci
Boston, Concord & Montreal
Weston, Concord & Mont
Concord RR
Samuit
Worcester
Aradns & Roche
Hamilton Woollen Co
Nashua Manf, Co
Boston Tow Boat Co
Metropolitan National Bank
Freeman's National Bank
National Hide
Merchandise National Bank
State National Bank
Manufacturers’ National Bank
Shawmut National Bank
National Market Bank of
Manchester Mills
Freenmain’s National Bank
Douglas Axe Mani. Cap
Lowell Manf. Co
Westina Street Railway
St. Johnsbury & Lake
Showalter Mortgage Co
Winnissimmet Co
Boston Lh » Light Co
Farmers’ Loan
Trust Co & National Tube Works
National Webster Bank
Bates Mans, Co
Kights Boston Tow Boat Co
Atellcan Rapid Telegraph
First National Bank
Merdinack Mans. Co
Hights
Boston Tow Boat
Busell Trimner Co
Bortolr Woven Bose Co
Fort Wayne Coal & Iron Co
Douglas Axe Mans. Co
Cheshire
Plaza RR
Kansas
Oer
Trustees’ Ree
Rutland RR
Koston Lectric Light Co
Port Payne Voal & Lion Co
Leavenworth
Eka & Southwestern
Awh
Guar
Leavenworth, Topeka & Southwestern
Lotus U
Pac
Koston, Barre & Gardner RR
Mort.bonds
Atlantic & Pacific Inc
Cal
South
Eastern Gs
N.E
Erie Telephone
Sioux City Stock Yards
Os, & Mont
Osceola Ee
Cleve
Canton
Bitebourg
Flint & Pere Marc
K. C
N.Y &N
Blois
Dob Deeesedd
Weer
Sia
P. M. Pryca Southern ‘i
Len
West
Chi
West Mid
Rutland
Lille
Bog
St. Jos
Gad
Union Pacific Bs
Wisconsineutral
Ambell Tel
West End Land
Ios, & Mont
Franklin Mint
Boston & Albany
Ted SB
E & Too
Filnt & Press Marge Tds
K.U
Fie S. & al
Bu Am Ray ‘Lex
Cenk
Pullstan Palace
Union Publi
Creeere
Whee Verte
Minolta Steel
Houas
Bloc
Allouez
Arnold Weenie Ae
Atlante Sete
Bonanza
Pee Catalpa
Sewer
Huron
Serene
National
Quincey
Santa Pe
Veneer
Campobello
Uayr
Mavetick
Newport
Lamoine
Payson
Eeeaeenere
San Diego
Sullivan
Winthrop
Wollaston
Atchison Lst
Ll. T
At, & Pac
B& Ma
I L. G
L&w. Mich
Bol Con Vt
SU Ygc
Dig
Elk H
Oly
Grits Stein Lin
Central
Utlandos
Yas A
Wilson W. Fay & Co
State Street
Union
Beacon Electric
Robinson
Elec
Mfg
Gray’s Dynamo
National Telephone
Waerr al
Desert & Astern
Eastman Carpenter
Aes
Ing
Py Pacific
Air L. ’ . Seer
Li, Koch
Saat
Pacific
C.C.C
Stl
Central Pacific
Ad Bay Ches
Ohio
Bay
Tao Cy Is & Q
St. L
Ees
E . Weesee
del. & H
East Tenn
Fort Wayne
Hocking Val
Houston & Texas
Ll. Central
Long Island L. & Nash
Louis
Beach
Sane
Ceeseses
Win
St. Eeeees
M. & Essex
Chat
Pers
Paciti
Northwest
Ohio & Miss Ae
Ee Or
Noble
Tees
Pittsburg
Reading
Rich, & AL
Ktock Island
St. Paul
Sabo
Texas
Lol & Co. C
Utica & Lb
Cattlerust Val
Sexe Pnkon Ve
P. Lata
Lidty
G. Lets
S. F. Ll
Caf
Ran
Tex
P. Kk. G
N.P. Isis
Aeoe
Shore
N.W. Debs
Beicher
Ontario
Con
Vian
Eidental
Col. Coal
Ophis
Quicksilver
Crown Saint
Chollar
Wealth and Savage
Neva
Gould & Vabity
Hale & Nor
Warnt Gor
Hock
Hommestake
Iforn
Denver City Cable
Brewster, Goby & Estabrook
Couccess St
NEW York Financial
J. E. Carter & CO
Bankers & Commission
B&ckets
Washington ST
Une
Retin Bis
James & Abbot
Liberty Square
Western Farm Mortgage Trust Company
Rialto
Devonshire St
Postoffice
F. B. Rogers
Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrihew
J.C. Davis & CO. Bankers
School Street
John Jeffries & Sons
Devonshire Street
Coal Trade
General Markets
Grand Junctione
Eastern Railroad
East
E.eeee
Secesescress