Money Market Firm as Banks Post Gains and Rates Rise
The Boston money market opens the week with firmer rates with clearing house lending up to 5 percent. General loans run 4 to 6 percent, call loans 4.5 to 5 percent, while New York funds fetch 16 to 25 cents per thousand in discounts. Bond offerings praised amid Treasury shifts as reserves dip and stock activity softens outside select issues.
Union Mills declares 10 percent extra dividend
The Union Mills Company of Fall River has declared an extra dividend of ten percent.
MENTIONED IN THIS ARTICLE
Union Mills Company of
Fall River
Boot and Shoe Buyers in Town
Baltimore and several cities list shoe buyers and agents from Brooks Rogers Belknap Childs McLauchlan Cowen Versteeg Appledoorh Nettleton Fleishman Nettleton Bear among others. The item reads like a directory snippet of multiple agents and firms across states including Ohio Michigan Indiana and Pennsylvania.
MENTIONED IN THIS ARTICLE
Baltimore
G Rogers
Brooks, Rogers & Co
Columbus
O—S
Belknap
Carpenter & Co
Cleveland
H B Childs
Childs, Groff & Co
Chicago
A C McLauchlan
Selz, Schwab & Co
Cincinnati
George T Cowen
Cowen & McGrath
Detroit
Mich
Proposals for Oregon Improvement Company stock offers
Sealed proposals for purchase of up to 10 009 shares of preferred stock at par 100 will be received in New York until Sept 17 1888. A 5 percent certified check is required. bids not accepted return funds. Installment payments begin Oct 1 1888 with 25 percent plus accrued dividends and staggered further payments through Apr 1 1889. Proposals must be marked Proposals for Preferred Stock and sent to Elijah Smith, President.
MENTIONED IN THIS ARTICLE
New York
Oregon Improvement Company
The
Elijah Smith
Mills Building
New York City
Elisaw Smut
Auction Sale of Vast Boston Stocks 1885
The Boston firm C. WILLIAMS & CO lists an auction for Wednesday Sept 12 1885 of 2000 Old Colony R R shares and numerous collateral lots. Terms require cash or 25 percent Friday with the remainder by Sept 28 at 4 percent interest, with certificates issued on final payment for blocks of 60 shares or more.
MENTIONED IN THIS ARTICLE
Old Colony RR
Wheat Markets Open Mixed Ahead of Government Crop Report
Wheat opened weak on lower cables and better crop prospects then firmed near close as traders avoided emptying positions before tonight's government crop report. Manitoba drought hurts yields. visible supply jump smaller than expected. Corn dull but firm all day, oats flat, hog prices mixed with signs of higher selling. Estimated car lots and Saturday receipts noted.
MENTIONED IN THIS ARTICLE
Farnum, Reardon & Co
Manitoba
New York Financial Summary Signals Shifts in Markets
Money on call eased to 1 to 2 percent with last loan 1 percent and close at 1 1/2 percent. Bar silver active at 92 1/2. Sterling rates steady with 60 day bills at 4.84 and demand 4.87. Government bonds quiet but firm. The stock market opened steady then rose, turned weak after 2:16 pm, led by Denver & Rio Grande and Hocking Valley. Late trading saw grangers fall, with overall close near the day’s lows and heavy bond sales totaling 1 385,000.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
New Orleans
Bank
Charleston
Savannah
United States
National Bank
Secretary of the Treasury
Treasury
West End
New York Stock Exchange
Atchison
Missouri Acific
Charles Head & Co
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Union Pacific
Flint & Pere Marquette
Atlantic & Pacific
Oregon
Norther Pacific Common
Norfolk & Western
Ohio & Mississippi
California Southern
Wisconsin Central
Oregon Transcontinental
Pullman Palace
Mexican Central
London
Prommaptins
N Bonds
Southern
Kansas
Texas
Birmingham
Denver
Rutland
American Bell Telephone
Duluth & Iron Range
The
Oregon Improvement
Prime Mercantile
Sterling Exchange
Hocking Valley
Denver & Rio Grande
St. Paul
Western Union
Reading
Northwestern
Missouri Pacific
Chesapeake & Ohio
Chesapeake & Ohio and Southwestern
Knoxville & Ohio
Peoria
Decatur & Evansville
Richmond & Danville
South Carolina
Toledo
Ann Arbor & Grand Trunk
Indiana, Bloomington & Western
London and Berlin Market Notes and Bank Statement
London reports mixed stock firsts with varied percentages and governments. Berlin notes a 9 200 000 mark drop in specie. Paris cites 3 percent yields at 84 francs 52 centimes. Bank of England bullion inflow totals £50 000 today.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Erie
Illinois Central
St. Paulommon
New York Central
Pennsylvania
Berlin
Imperial Bank of Germay
Paris
Bank of England
Seasickness Help From Horsford's Acid Phosphate
Dr W W Blackman of Brooklyn N Y endorses Horsford's Acid Phosphate for seasickness noting prompt and complete relief in several observed cases. He reports strong pleasing results from its use in active patients at sea.
MENTIONED IN THIS ARTICLE
Horsford
W. W. Blackman
Brooklyn
N. Y
Commodity Market Snapshot Condenses Mixed Price Moves
Flour is strong and corn firmer with oats steady. Cornmeal firm, oatmeal quiet, rye steady, graham flour quiet, and millseed firm. Butter firmer, eggs firm, cheese quiet, beans unchanged, potatoes and hay in fair to good demand. Pork firm, fresh meats steady, sugars firm, molasses quiet, tallow unchanged.
Iron market steadies amid mixed demand and rising Southern exports
The iron trade shows firmer prices and steady demand in most sectors while Southern shipments to the North rise, led by Savannah to Philadelphia. A new Savannah Birmingham steamship boosts Alabama iron movement. pig iron holds, steel rails firmer, and copper and tin markets stay strong with continued speculation.
MENTIONED IN THIS ARTICLE
East
Savannah
Philadelphia
Georgia Central Railroad
Birmingham
Baltimore
Alabama
Pittsburg Post
Pepper—Lake
Pennsylvania
Ohio
Felinton
Summeriece
Gartsherrie
Langon
Coltness
Norway
New England
Shell
London
Fragmented OCR list of metal prices and items
A garbled OCR snippet lists items and prices for metals and pipe products. Mentions lead tin pipe zinc spelter sheet lead tin-lined pipe and various price fragments like 40¢ and 5 5%4c. No coherent event or narrative is present.
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Chicago & Eastern Illinois
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Bears
Fitchburg Preferred
Sunday Herald
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Herald
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Portland
Vanceboro
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European & North American Railway
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N. B
New Brunswick Railway
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Me Desert
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Maine
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White Mountain
Preferred
Central Massachusetts
San Diego
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Frenchman’s Bay Land Company
Calumet & Hecla
Tamarack
Tamarack, Jr
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Boston & Montana
Ridge
Franklin
Quincy
Franklin and Pewabic
Faneuil Hall National Bank
J. V. Fletcher
Belmont
Mass
Nathan Robbins
Pilaski
Tenn
Roseman
Williams & CO
Boston Stock Exchange
Merrimuec Mfg. Co
Luanecaster Mills
Do Atlantic Cotton Co
de Nauikeag Steam Cotton Co
Attleboro Branch RR
Boston & Maine RR
Cambridge Gas Cight Co
Russell Mills
Plymouth
Union Met
Fasi. Co
Do Merchandise Nat. BR
Mt. Vernon Natl Bank
Do Hill Mfg
Hamilton Woollen Co
Douglas Axe Mtg. Co
Franklin Co
Lewiston
Continental Mills
Boston & Maine, RR
Berkshire RR
McKay & Bigelow H. M. Agso
New England Glass Co
Barton Stock Car Co
Housatonic RI
Consol. Mort
Raneneay Fort Scott & Gulf RR
Asso
Wellfleet Marine Ins. Co
Portland, Saco & Ports
McKay & Bigelow H. M. Asso
Bay State Live Stock Co
Reece Button Hole M. Co
Pueblo & Arkansas Val
New Mexico & So
Pacific RR
Consol, RR
Cheshire RR
B. Revere Beach & Lynn
Amory Mts, Co
Springfield & Cin. RR
Vermont & Mass, Rr, Co
Union Met. Fast, Co
Boston Marine Ins. Co
Vermont
Dorchester Gas L, Co
Wainwright Mfg. Co
Naumkeag Steam Cotton Co
Douglas Axe Mfg. Co
Nat
Eagle Bank
Boston Gag Light Co
Metropolitan Street Ry. Co
Kansas City
Sugar Refineries Co
Hopkinton N. Bk
N. Eagle Bk
Old Boston N. Bk
Do Atlantic Cotton Mills
Bates Mfg. Co
Amoskeag Mig. Co
Manchester Mills
Stark Mills
Saloonalls Mig. Co
Cxubot Co
Lancaster Mills
Nashua Mig. Co
Wakefield Katian Co
Naumkeag Steam Cotton Mills
Atlantic Cotton Mills
Concord RR. Co
Fitchburg RR
Connecticut & Passumpsic Rivers RR
Pacific Guano Co
Boston & Roxbury Mill Corp
Do Glove Gas Light Co
Newton & Watertown Gas Light Co
New York & New England RR. Co
Union Preifie RR. Co
Chicago, Kansas & Western RR
Cedar Rapids & Mo. River RR
Chicago, Burlington & Quincy RR
Union Pacific Rir
Lynn & Boston RR
Boston, Concord & Montreal RR
Otis Co
Thorndike Co
Do Lyman Mills
Pleasant Mill & de Sota
Boston & Montana Coyner Co
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Topeka & Fable RR
Plain da
New England N. Bank
Philadelphia, Wilmington & Baltimore RR. Co
Oriental Coffee House
Ell Leleyhone Co
Amoskeag Mfg. Co
Great Alls Mfg. Co
Simonds Rolling Machine Co
Old Boston Bk
Little Rock Junction RR
Metropolitan Horse RR
Cedar Rapids
Iowa Falls
No.Western
Milne, St. Ry. Co
Iowa & Lansing RR
Chicago & Wests Pene RR
Process Co
Cheshire Rr, Co
Amory Mfg Co
Shetucket Co
Norwich
Conn
Atlas N. Bk
Metropolitan N. Bk
Chicago & West Michigan Ry. Co
West Michigan Lumber Co
City Bk
Tremont N. Bk
Portland, Saco & Portsmouth Rr, Co
de Stark Mills
Marion & Motherson RR
California Southern RR
Crescent Mining Co
Pueblo & Arkansas Valley RR
Can. So
R.G
HK. G. Ww
Ripeas
Kan
Isig
Soe Ee
N.P
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PBOC
Jata
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Pac
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