Money Market Extends Decline in Boston Clearing
The Boston Money Market eases further as clearing house rates fall. Call loans secure collateral at 4% to 6% while time loans mostly 5% to 6%. New York exchanges tally $83,971,835 with gains in surplus reserves and reduced currency loss. Markets show improved Western trade and rising stock values amid bullish sentiment for autumn.
MENTIONED IN THIS ARTICLE
Boston
New York
Trave
England
Robert M. Morse, Jr
Thomas Mack
International Trust Company
Treasury
Europe
Bee
Boston Post
United States
Philadelphia
Chicago
St. Louis
San Francisco
Baltimore
Cincinnati
Pittsburg
Kansas City
New Orleans
Milwaukee
Omaha
Providence
Minneapolis
Cleveland
Denved
Ss Cece
Columbus
Joendeing Dee
Memphis
Portland
Peoria
Worcester
Springfield
Syracuse
Market Report on Mining, Bank Shares With Prices and Changes
Trading action shows 10 percent cash bids for round lots, miners still absent from the market with ice level selloffs unlikely. London Chile bars fall due to silver drop, while several manufacturing and bank stocks show mixed shifts including Armory, Continental, Laconia, Lowell Bleachery and Columbian. Continuous price moves across Franklin, Lowell, City, Mt Vernon, New England and others reflect a busy week with resumed sales and adjustments in several issues.
MENTIONED IN THIS ARTICLE
Arizona
Baltimore
London
Armory
Continental
Laconia
Lowell
Lyman
Pacific
Franklin
Lowell Machine Shop
Chicopee
Columbian
Freeman
City
Mt. Vernon
New England
Revere
State
Third National
Tremont
Union
Howard
Shawmut
Boston Stock Exchange Bonds and Railroads Summary
The Boston Stock Exchange lists bonds and railroad securities with varied par values and yields. Notable entries include Calumet & Hecla, Union Pacific, Mass Railroad issues, and Middlesex rights. Prices span high to low, with several 4s and 5s notes and mixed railway company offerings.
MENTIONED IN THIS ARTICLE
Neey
MY & NE
Co’s. Oy A
T & S Fe
BoSton & M
Cal & Heela
Franklin
GOM
H&o
Middlesex H
OSG
G Mid
NY & Ees
Rutland
Union Pacific
OR & N
Cine
Doe
Wis Central
Ee &C&s
BC &W M. Ies
Land CO
San Diego
New York Financial Market Summary on Sept. 11 Given Mixed Activity
On Sept 11 New York stock and bond markets showed overall firmness with dull trading. St Paul and Canada Southern led gains while Canada Southern and Omaha preferred were notable. Weekly volume rose to 5.17 million in stocks and 4. or 190 thousand in railroad bonds, with rail issues broadly firm and prices near day’s highs.
MENTIONED IN THIS ARTICLE
New York
Chattanooga
Omaha
St. Paul
Canada Southern
Central Pacffic
Delaware
L&w
Delaware & Hudson
Denver & Rio Grande
Sis
Kansas & Texas
Lake Snore
Louisville & Nashville
Michigan Central
Manhattan
Missouri Pacific
Memphis & Charleston
New Jersey Central
New York Central
Northern Pacific
Ohio
Mississippi
Pacific Mail
Peoria
St. Paul & Omaha
PACOC
Union Pacific
Tisk Ee
Western Union
Oregon
Foreign Financial Markets in London and New York
London and New York shares show active movement amid East tensions. American railway securities led activity with steady quot ations and daily gains. Notable demand centered on New York Central, Chicago Milwaukee St Paul, Lake Shore Michigan Southern, Lake Erie Western and Cleveland Cincinnati lines. Yesterdays close held firm at week’s best level.
MENTIONED IN THIS ARTICLE
A &S$fe
Paige
Central
A& Sl
G.B. Gilees
Mining Cos
Bos & Mon
Gos. Cious S
Cal & Hec
Cal Southern
Franklin
Metropolitan
Quincy
Laxd Co
S Fe
Ohio & Mississippi
Lr&efs
Adams Express
Alton & Terre Hi Lu
Ols Onta Trio & Western
Union Pacific
Oregon Navigation
S. B
Boston Air Line
Oregon Trans
Oregon m. Rr
Paciflc
Canada Pacific
Ewer
Ny&ne
Wnee
Canton
Canada Southern
NM &S P
Central Iowa
Pittsburg Ae
OR & N
Uliman
A. Tes Fe
Ee Land Cos
Veake & Nile
Central Pacific
Y Reading
San Diego
Richmond &A
Richmon
Ambell T
Beutherk
Chicago & Alton
Richmen Rochester
Preven Island
Erie’ Telephone Aaa Tl. & P
Ye L
Delaware & L Taittye
Paul
Bell
East Brookline Land
Boston
Fort Ayne
London
Atlantic & Great Western
Canadian Pacific
Erie
St. Paul Common
New York Central
Pennsylvania
Reading
Chicago
Milwaukee & St. Paul
Lake Shore & Michigan Southern
New York
Lake Erie & Western
Cleveland, Columbus & Cinneinnati
August Railroad Earnings Show Large Rise Across 72 Roads
August rail earnings for 72 railroads rose by 1.72 million dollars, an 84.1 percent gain with mileage up 32.1 percent. Key gains came from St. Paul, Northwestern, Grand Trunk, Northern Pacific, and Louisville & Nashville among others. Eight months to Aug show a 59.1 percent year over year rise across 67 roads, with total earnings near 21.96 million dollars at an average 42.37 per mile. The New York Central and West Shore story adds about 600 thousand dollars net increase after adjusting for West Shore's prior losses and interest expenses.
MENTIONED IN THIS ARTICLE
N. Haven
Galvest
St.Joseph
Memphis
Portland
Peoria
Worcester
Ngfield
Lowell
Syracuse
Atchison
Union Pacific
Omaha
Kansas Pacific
Denver
Kansas City
Fort Scott
Texas
Council Bluffs
Adams
Chicago, Burlington & Quincy
Hannibal & St. Joseph Road
Cameron
Rock Island Company
Atlantic & Pacific
Cleveland & Canton Preferred
Indian Territory
Wisconsin Central
Lake Gogebie
Chicago & Eastern Ilinois
Detroit, Lansing & Northern
Marquette, Houghton & Ontonagon
Marquette, Houghton
Lambs
California Southern
San Diego
Mexican Central 4S
New Mexico & Southern Pacific
Oregon Railway & Navigation
New York & New England
Rutland
Ogdensburg
Lake Champlain
New York
Russell Sage
New York City
The
New York Mail and Express
Cyrus W. Field
Europe
Pacific
Poe
Lake Ingot
Oregon Navigation
New York Central
West Shore
St. Paul
Northwestern
Grand Trunk
Northern Pacific
Louisville & Nashville
Milwaukee
Lake Shore & Western
St. Paul & Manitoba
Wabash
St. Louis
San Francisco
Lackawanna
Buffalo
Duluth
Chicago
Canadian Pacific Railway Company
Canada
Atlantic
Postal Telegraph Company
United States
Marietta & North Georgia Road
Denver & Rio Grande Western
Ontario & Western
Lake Shore
Cleveland
Columbus
Cincinnati
Indianapolis
Chicago & Atlantic
Canadian Pacific
East Tennessee
Virginia
Georgia
Chicago & Alton
Boston & Lowell
Boston & Maine
White Mountains
Fabyan
Mt. Washington
Profile House
Bethlehem
Norfolk & Western
Railroad Gazette
Western Freight Association Reorganizes At Chicago
The Western Freight Association reorganized in Chicago on Friday and set six pools including Omaha Council Bluffs Papillon local and multiple interline pools. Adjustments grant subsidies to Kansas City St Joseph Council Bluffs and Missouri Pacific while detailing range cattle and packinghouse product routing and waivers of through business credits.
MENTIONED IN THIS ARTICLE
Western Traffic Association
Western Freight Association
Chicago
Omaha
Council Bluffs
Papillon
Union Pacific
Burlington & Missouri River
Missouri River
Fremont
Elkhorn & Missouri Valley
Sioux City & Pacific
Denver Junction
Range
Laramie City
Douglas
Fort Fetterman
Nebraska Junction
Northwestern
Elkhorne
Missouri Valley
Oes
Norfolk
Lincoln
Lincoln & Nebraska
Missouri Pacific
St. Paul & Omaha
Kansas City
St. Joseph
Burlington
Omaha and
St. Paul
Old Western Freight Association
Nebraska
Fort Scott & Memphis
Memphis
Governor orders suits to enforce Iowa domicile on railways
The Iowa governor directs the attorney general and district attorney to sue St Paul Illinois Central Northwestern and Burlington and Quincy to compel domicile in Iowa under the Sweeney act to stop venue changes to federal courts. If defenses persist a bill may strip eminent domain, halting future state extensions.
MENTIONED IN THIS ARTICLE
Dignity OF
Iowa
St. Paul
Ilinois Central
Northwestern
Burlington & Quincy
United States
United States District Court
Pennsylvania Trade Tensions Escalate With Break in Rates
A St. Louis Despatch report dated September 11 notes an inevitable break in east bound rates as skirmishing begins. The article states yesterday the Pennsylvania placed a response action signaling heightened confrontation in rail or shipping cost disputes.
MENTIONED IN THIS ARTICLE
St. Louis
Pennsylvania
Ticket scalping shakes up rates to Cincinnati and beyond
The piece notes scalpers holding blocks of tickets so commissions are cut from already low round trips to Cincinnati at 12 dollars, 7 dollars one way, and to Indianapolis at 10 dollars round trip or 5 one way. Proportional cuts affect all points east between St. Louis and Baltimore. The Baltimore and Ohio is urged to meet the cut to avoid the Bee line gaining ground, with expectant open break between B&O and Pennsylvania unless tickets are withdrawn. If B&O aligns, the Bee line may not stay out. The war is seen limited to Cincinnati, Indianapolis and local routes, but could spread to Baltimore once started.
MENTIONED IN THIS ARTICLE
Cincinnati
Indianapolis
St. Louis
Baltimore
Baltimore & Ohio
Pennsylvania
Bee Line
Proposed Change in C B & Q Passenger Department
A Chicago dispatch reports a major shift in the Chicago, Burlington & Quincy passenger staff. Morton will become general passenger agent on Oct 1, replacing ill health retiree Percival Lowell. Ross to succeed Morton as first assistant, Barte promoted to second assistant freight, Loman remains first general passenger agent.
MENTIONED IN THIS ARTICLE
Chicago
Chicago, Burlington & Quincy Railroad
Morton
Percival Lowell
Lowell
James Russell Lowell
Ross
Barte
Loman
Regular monthly meeting of New England agents in Boston
The New England General Ticket and Passenger Agents Association will hold its regular monthly meeting at the Pathfinder Railway Guide office in Boston on Wednesday September 15 at 11 o’clock. The report includes July earnings of Newport News and Mississippi Valley line and various line performances and proposed services.
MENTIONED IN THIS ARTICLE
New England General ‘Ticket and Passenger Agents’ Association
Pathfinder Railway Guide
Boston
Newport News
Mississippi Valley
Boston Stock Exchange Ledger of Sept 14 1886
On Wednesday September 14 1886 the Boston Stock Exchange recorded shares and rights in multiple firms including Naumkeag Steam Cotton Mills Lancaster Mills State National Bank Tremont National Bank Amory Manufacturing Co Lowell Bleachery Pacific Mills Middlesex RR Iowa Falls & Sioux City RR E & T Fairbanks Co Union Stock Yard and Transit Co Connecticut and Passumpsie Rivers RR Highland Street Railway Company Burlington and Quincy RR Rutland RR American Rapid Telegraph Co Receipts and other items with quantities and rights noted.
MENTIONED IN THIS ARTICLE
City National Bank
Revere National Bank
Continental Milla
Boston & Maine RR
Boston
Concord
Montreal
Maine Central RR
Sand. & Cleve
Saco
Railand RR
Eere
Northern Pacific Div
Union National Bank Sete Eee
Taunton National Bank Ee
National Bank
Wee Es
POE
Shoe and Leather National Bank
Ee State National Bank
Ee Peace
Railroad National Bank
Eeee
Tremont National Bank
Eree Neue Amory Mills
Ee Goa Eeee
Ee Eee
Lo Wakefield Rattan Co
MiSs Oviae
Siac
Laconia Manufacturing Co
Lowell Machine
Lyman Mills
Middlesex Horse
Eastern Railroad
Phila
Wil
Baltimore
Granite Railway
Cambridge Horse Railroad
Charles River Horse Railroad
Town Falls
Sioux City
Vermont & Massachusetts Railroad
Portsmouth
Falls & Conway RR
Cheshire Railroad
Central
Massachusetts
Rutland Railroad
Old Colony
Ewes Ee
Roxbury Gaslight Co
Leeston Gaslight Co
Union Stock Yard
Chicago
Piddeford
Cau. Mil. & St. Paul
W's. Val. D
R. BR. of
Vermont
Burl. & Mo
Neb
Essex Railroad
Boston, Concord & Mont
Atchison, Top
New York
New Fragland
Hough
Chicago, Burl. & Quincy
Naumkeag Steam Cotton Mills
Lancaster Mills
State National Bank
Amory Mfg Co
Lowell
Pacific Mills
Chiconee Mfg. Co
Middlesex RR
Iowa Falls & Sioux City RR
E. & T. Fairbanks Co
Union Stock Yard and Transit Co
Connecticut
Also Mentioned on This Page
Detroit
Louisville
Galveston
WN. York
an.C’y
O'eans
Kansas C
Boston & Albany
Central of Mass
Cleveland & Canton
Burlington Northern
Ontonagon
Mexican Centra
Reese
He Bonanza SR CR Ae
SOO
Montana
Ewes O BY
Calumet & Hecla
Eneveae
Catalina
Ewes
Huron Ca
Osceola
Tamarack
Louisville & Nash
Louisville & N. A
Acific Ae & Ros
Manhattan Beach
Cbs
Norfolk & W
Pacific “Acs
Homestake
Peaee Ontario
N. Belle Isle
Father de Smet
Cal & Va
California
Belcher OS
Hale & Norceross
Best & Belcher
Holmes Ss A
Sulver
Mono
Bodie
Cs Lesbis
Ophir
Con
Cal
Savage
Q. H. Venner & CO
Congress Street
Congress ST
R. R. Co. General
R. R. Co
Oregon Short Line
ADA HS
Bain
Boston Stock Rechange
Walter B. Adams
Merrie
WM. Blodget
Commission Merchants
Wilson W. Kay & Co
State Street
Kensington
Catrior
Maere
Aes
Crescent
Rees
Neptune Air Mattress &Cushion
Beeline
Elec
Mai
Erie Telephone
al Paige
Brookline Land
Boston Stock Exchange
FIRST
NEW York Financial
Foreign Financial Markets
Railroad Matters
Richards & CO
Reade St
John CC. Wilmerding
Wilmerding, Hogoguit & CO
White St
Townsend & Montant Auctioneers
Leonard Street
Samuel Bunting’s
Lippincott, Son & CO
Market Street
R. KL. Day & Co
Merchants’ Exchange
Worcesters
Ailso
Conn River Nail Bank
Charlestown
Kidder Press Manus Co
Old Colony Steamboat Co
Bay State Live Stock Co
Boston Cyclorama Co
Howard National Bank
National City Bank
Third National Bank
Metropolitan RR Co
McKay and Bigelow Heeling
Lamson Store Service Co
Union Metallic Fastening Co
West
Chicago Park
Dniv
Little Rock & Fort Smith RR. Co
At. & Pac. RR
Central Division
Barrows & White
Jamaica Plain
Washington Street
County of
Suffolk
Mary M. White
County of Suffolks
West Roxbury
Metropolitan Land Company
Hyde Park
Agee Park Avenue
Boston & Providence Railroad Company
Lawrence McNamara
Snow Cattle Co of
Wyoming
Boston, Concord & Montreal RR
Pfd
Metropolitan RR
Co- 86
Francis Henshaw & CO
BR. Knights & CO
Main St
Cambridgeport
Somerville
Linden Street
Fitchburg
R. R
Blake Pump
Charles O’neil
Warren Avenue
Horatio Harris & CO
Auctioneers and Commission Merchants
Almeria
State St
Cephalonia
A. M. Bates
Boston Carriage Repository
Maverhill Street
East Side
Manufacturers
Repository
A. F. Bates
Albert Howe & CO
Brighton
S. R. Knights & CO
Charles E. Raymond
Longwharf
Wilmington
Vel
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