Money Market Notes and Stock Commentary Boston Sept 25
The money market remains easy with clearings at 3 percent and time paper at 4 to 6 percent. New York funds and bond offerings are detailed, with extensive figures for exchanges, balances, and treasury holdings, plus notes on Atchison stock and copper industry commentary from Boston publishers.
MENTIONED IN THIS ARTICLE
New York
Boston
Auction of Stocks and Bonds on September 26, 1888
Official report lists bonds and stocks to be sold by auction on Wednesday September 26 1888. The long roster includes railroad and utility issues such as Union Pacific Atlantic Coast lines Maine Central Wisconsin Valley Oregon Short Line and Boston and Maine railroads alongside banks mills and manufacturing firms. Values range from small 5 share lots to 5000 plus units with notes on maturity dates gold payments and endorsements.
MENTIONED IN THIS ARTICLE
Rollstone N. Bk
Fitebourg
Douglas Axe Mf. Co
de Naumkeag Steam Cotton Co
Hamilton Woollen Co
Marine
Portland
Xaco & Ports
Bay State Live Stock Co
Do & Howard Watch and Clock Co
Manuf
N. Bk
Maine
Little Rock & Fort Smith Ry. Co
Wisconsin Valley RR
Adm
Ce & Fort Smith RR. Co
Financial Dividends Declared by Multiple Firms
The Waltham National Bank declares 4 percent for Sabres Oct 1 and the Ostor and Chelsea Railroad Company pays semi annual dividends on Oct 1. Neptune Fire Insurance 3 percent due Oct 1. Chicago Rock Island & Pacific 14 percent quarterly due Nov 3. United Water Works (limited) approves 4 dollar per share on 500,000 preferred and 8 dollar per share on 100,000 common, payable Oct 1. C H Venner & Co office. New York & New England declares semi annual 3.4 percent on preferred due Nov 1. stock Oct 20. Long Island road may raise quarterly rate from 1 to 1.44 percent. Abington National Bank declares 3.42 percent on Oct 1.
MENTIONED IN THIS ARTICLE
Waltham National Bank
Sabres
Ostor & Chelsea Railroad Company
Neptune Fire Marine Insurance Company
Chicago, Rock Island & Pacific Railroad Empany
United Water Works Company (Limited
C. H. Venner & Co
C.H. Venner
New York & New England
Long Island Road
Abington National Bank
Money market and bond activity steady in New York
On September 26 money on call stayed easy at 2 percent with last loan at 2 and close at 2. Prime mercantile paper quoted at 4 1/2 and 4 3/4, bar silver weak at 93 1/4, sterling exchange quiet with actual deals at 4.844 for sixty days and 4.83 for demand. Government and railroad bonds shown dull to firm, stock activity lower after noon, ceilings weak and most prices near opening figures, Richmond and West Point noted in a raid report context.
MENTIONED IN THIS ARTICLE
Boston
New York
The
Herald
Merchants’ Bank
Exchange
Chicago
St. Louis
San Francisco
New Orleans
Charleston
Savannah
United States
National Bank
Secretary of the Treasury
Frances
Reichsmarks
Imperial Bank of Germany
Atchison
Fort Worth
Tex
Crossman & Quick
Connecticut
Maine
Nervy” Evans
Burlington & Quincy
Chicago, Burlington & Northern
McMullen
Chicago & Alton Road
Southwest
Cleveland & Canton
Roe
Prime Mercantile
Sterling Exchange
Richmond & West Point
Stock Market Ends Quiet and Unsettled After Mixed Session
A broad decline early, then slight recovery with St. Paul and Vanderbilt gains. Prices fluctuated within a narrow range as Richmond & West Point push weighed down rails. Union Pacific led late recoveries while overall bonds remained dull and heavy. Notable closes include St. Paul 73 10s at 117 1/2 and Milwaukee Lake Shore firsts at 120.
MENTIONED IN THIS ARTICLE
St. Paul
New England
Lake Shore
Vanderbilts
Richmond & West Point
Union Pacific
Hamilton & Dayton Division
Hocking Valley
Minneapolis
Wabash General
Milwaukee
Lake Shore & Western
Fort Wayne
Texas Central
Green Bay
London and Berlin Financial Summary September 25
London closes with Consols at 97% and U S 4s at 13158 while Atlantic and Great Western firsts hold 40% and Erie at 30. Other quotes include St Paul 66% and New York Central 112%8. Open market discount at 39-16. Bank of England bullion withdrawn £3000. Imperial Bank of Germany reports 6,420,000 marks drop in specie.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Erie
Ilinois
St. Paul
New York
Bank of England
Berlin
Imperial Bank of Germany
Boot and Shoe Dealers List From Albany to Chicago
A long roster lists boot and shoe buyers across cities including Albany Baltimore Chicago Cleveland Detroit Knoxville Memphis New York and more. Names and firms appear with firms like Stevenson Alexander & Cator Frank & Adler Selz Schwab and Cousins Goodbar & Co and others, reflecting a national trade directory.
MENTIONED IN THIS ARTICLE
Albany
C Herrick
Smith & Herrick
Altoona
Penn
J M Schnadig
Schnadig Bros & Co
Chicago
J P Smith
R P Smith & Sons
Harlotte
L Asiel
S Wittkowsky
Davenport
A P Dov
Doe & Co
Detroit
Mich
C E Smith
HS Hobinson & Burtenshaw
Fort Wayne
Ind
W L
Morse & Co
Portsmouth
Market Brief Covers Agricultural Goods and Commodities
Commercial matters report mixed demand across products. Flour and poultry show strength while hops and certain meats stay dull or steady. Butter, oats, rye, and other staples remain firm or quiet. corn, eggs, pork, and sugars move with modest activity.
Wool market firmness sustains in London as sales rise
London reports firm wool trading with active buyers, especially for the Continent. Scoured wools lag greasy due to abundant supply. Across regions 12,497 bales offered. total sales in the series reach 83,630 with 147,500 bales remaining. Regional prices list scoured and greasy lots in details for Victoria, New South Wales, Queensland, South Australia and New Zealand.
MENTIONED IN THIS ARTICLE
London
Victoria
New South Wales
Queensland
South Australia
New Zealand
Lumber Market Conditions Improve Amidstead Demand Need
James and Abbot report lumber markets steady to firm across species. Eastern lumber shows better movement with strong spruce demand, especially spruce dimension and boards, while Pennsylvania hemlock commands full prices and old prices hold for eastern hemlock. Shingles and clapboards stay firm with ample demand, laths remain scarce, and western pine quiet but active in parts. Hardwood supplies tight for black walnut and cherry, while various pine and spruce items are listed with specific prices for 12 foot and longer stock, planed and rough, across regions and shipments.
MENTIONED IN THIS ARTICLE
Pennsylvania
Canada
Indiana
Michigan
Vermont
Flour and grain price report on domestic and Canada markets
A market summary from John Street detailing flour and grain prices for carload lots. It notes flour is booming with round lots and patent grades selling at high mill prices, including spring patents at 6.10 to 6.35 per barrel. Also covered are New York and Chicago receipts, various grade prices, corn and oats activity, and general market firmness across multiple cities and flour types.
MENTIONED IN THIS ARTICLE
Canada
Minnesota
Michigan
Canada Superior
New York
City Mills
Southern
Chicago
St Louis
Milwaukee
Detroit
Minneapolis
Toledo
Peoria
State
Graham
Willa
Chicago wheat market climbs on Minneapolis strength
The Chicago markets opened weak as December wheat touched 97 but gained as cables and higher Minneapolis and Duluth prices spurred demand. Short-covering appeared in May, traders favored that month, and the Northwest held a strong position while a local trader acted as a heavy buyer.
MENTIONED IN THIS ARTICLE
Farnar, Reardon & Co
Minneapolis
Duluth
Northwest
Hutchinson
Also Mentioned on This Page
Atlantic & Pacific
Flint & Pere Marquette
Wisconsin Central
Chicago & West Michigan
Dan
Guadalajara
Eastern
Fitchburg
Central Massachusetts
Providence
West End
Stone
Chicago, Kansas & Western
Bell Telephone
Frenchman’s Bay
Topeka
Tamarack
Boston & Montana
Franklin
Osceola
Bonanza
Allouez
Atlantic
Pewabic
Calumet & Hecla
Kearsarge
Dunkin Mining Company
Woodward Emery
James C. Elms
William R. Candler
F. H. Odiorne
Senate
Orville D. Pratt
Devonshire Street
Williams & CO
Boston Stock Exchange
Brok
Ogden & L. Cham
Union Pac. RR
Bpoeaue & Palouse RR
S. F
Oregon Short Line RR
St. Paul & Nor. Pac. m
Cotinental Mills
ySanmbkeags. C. Co
Cheshire RR
American Ins. Co
Consol. RR
Consol, RR
Rutland RR
Lin
Det
Lansing & Northern RR
Boston Cab Vo
Lao
Ies
St. Ry. Co
Winnisimmet Co
Do Suffolk Mig. Co
Asiatic N. BR
Salem
Ogden
L. C. Con
Ore City
Kansas City
Pass. R.R. Lm
Rapid ‘Tel. Co
Aliby
West End Street
KR. Co
Wainwright Mfg. Co
Dedham XN. Bank
Dedham
Mass
Arlington Mills
Washington Mills Co
New
St. Johnsbury & Lake Champ, RR
Michigan Central RR
City of
Springfield
Tll
Essex RR
Sio. R. RR
Nat. BR
Old Colony RR
New England Tel. Co
San
Cleveland
Saco
Ill
Boston & Lowell RR
Springfield & Cinn. RR
Sharea Merchandise N. Bank
Hopkinton N. B
Boston N. Bank
Atlantic Cotton Mis
Stark Mills
Ao Naumkeag Steam Cotton Co
Atlantic Cotton Mills
Do Cabot Mfg. Co
Thorndike Mfg. Co
Stack Mills
Pacific Mills
Nashua Mfg. Co
Ameskeag Mfg. Co
Fitchburg RR
Boston & Maine RR. Co
Pacific Guano Co
West Michigan Lumber Co
Ames Sword Co
Union Stock Yards and Transit Co
Showaller Mortgage Co
Shawmut
Union Pacific RR
Boston, Concord & Montreal
Tonia & Lansing RR
Little Rock Junction RR
Metropolitan RR
Chicago, Burl, & Quincy RR
Little Rock & Ft. Smith RR
Burton Stock Car Co
Lyman Mills
Amoskeag Milg, Co
Bank
Wakefield Ration Co
Manchester Mills
Harmonton Woollen Mills
West End St. RR
Naumkeag
Daly
River Lip
Springield Gs
Bell ‘Telephone Co
Teg’d.praid
Providence Bs
Champion Iron Co
Middlesex Co
Lowell Mfg. Co
Chicago Pan Y & St. Pan
R.R
Oakland Garden
Namakeng Steam Cotton Mills
Ft. Scott & Memphis RR
Everett Mills
Old Stock
Concord BR
Do Hill Mig. Co
Boston Atheneum
Wilmington & Baltimore RR. Co
N. Engie Bk
Houston
Hill Mfg. Co
Minneapolis St. Ry
Phil, Wilmington & Baltimore RR
Malden
China Ins
Serip
Chicago, Kansas & Western RR. Inc
Mansfield & Framingham RR
Lawa Falls
Sioux City RR
Pia
Fitchbury RR
Pueblo & Arkansas Valley RR
Crescent Mining Co
Mainers
Shetucket Co
Norwich
Boylston
Scrip
Osan
Ads
Cen. P
D. & RG. W. Usts
Kan. P
Kk, & T. G. Sitch Reece
Mat. UN
C. Int
P. Taste
N. W. Cons
Amador
Plitus
Barcelona
Col
Plymouth
Con. C. & Va
Standard
Hock. Coal
Hioiestake
Ontario
Sutter
Reek
iTenn, C
ParaRee
W. Deb
O. & Trans
St. L
St. Es
Isis
P. L
Ibs
R.G
Paisikso
U. Inc
Shore
Am Bell Tel
Bur & M Landg
K & W Inc
Cleve & Can
KCO
Fs& Mgs
Sonora
Lamson SS
BOY
French Bay
C.B . Ee
F & FM
Ny&ne
Puliman
Rutland
West End Land
Bos, B & Mont
B&a
Ba&p
T&sf
Michissuesa
Fite Nourg Pref
Werve
Pullman
West Fend
Wis
Old Colony
Central
Bell
Fastman Car Heater Co
Lamigon Store Service Co
Pullman Palace Car
Mining and Stock Exchange
Arnold
St. Mary
South Side
Sullivan
Bruns
Wash
BO Catalpa
Winthrop
Crescent
Sane
Burton
Ee Dunkin
Fnreka
Everett
Ken
Lord Tel
Hung
Bly Muss
Huron
Nat. Tel
Mesnard
Pontiac
Laat
Allonez
Coe
Mont
Catalpa
Cyebcoene
Ironton
Land Companies
Aspinwall
Boothbay
Boston W. P
Seers
Campobello
Eeeerenwere
Payson
Tose Ewererere
Penobscot Sree
San Diego
Lees
Eas i Winthrop
L. G
Kan
W. Mich
D D
Fie
Elx
K.C
K. C. Sp
Ener
L. R
S. P
N.Y
N. E
P. D.O
Oregon
L. Gs
Sear
Pueb. & A. V
Llite Rutland
Ee Eeee Dla Do Inc
Ee Sewer
Eee
Do Inc
Wee Aly
Central of Mass
C. B
Cleve
Anton
Clases
Enne
Flin
Cl. & Sp
K. E
St. Eer
Maine Central
Mexican Central
New Eng
Ing
Alt
Kooh
Eeeae
Owssereee
Ches
Ohio
Chi
Alton
B. St. L
Sss Ib
Seve & N
Cleve, & Cot
Iseaes Sane del. & H
Seere
del. & L
East Tenn
Eeer
Eer
Ween Honust
Texas
le Ill
Entral
Kings
Pet
Arcs
Long Island
Va Lou
Lon
N. A
Os Mian
Beach
Man
Kiev
Memphis & Ch
Pacific
GMA
M. & Onl
M. & Essex
Wee Veer
Nash, & Chat
Enee
N. J. Cent
A Nor
Yan
Bos AY
Ewe Tis
R. Gent
U. & St. Livens
Ye &N
Ohio & Miss
Pittsbar
Rock Island
Rome, W
St.l
St P
St. P
Tex. Pac
Toi
O. C. Pets
Pac
Utica & BR
Eaer
Pacific Mail
Pullman Pal
W. Union
Weer Ee
Grand Rapids
Minn
City of Columbus
Manistee
Clinton
Taunton
City of Concord
N. H
Evansville
Water Works Bonds
H. Venner & Co
NEW York Financial
Foreign Financial Markets
Lee
Childs, Lee & Dunlap
J. &. Carter & Co., Bankers & Commission Brokers
Washington ST
Ted Corn
Sess
Tosa
Syort
Seagit
London Wool Sales
James & Abbot
Liberty Square
John
State Street
Chicago Markets