Money Market Steady as New York Funds Favor Boston
Boston money market opens steady with abundant liquidity at clearing houses. New York funds command a premium while substantial remittances to New York are anticipated. Local banks offer 6 to 7 percent on loans, and reports note a favorable bank statement with increased reserve and reduced deposits.
MENTIONED IN THIS ARTICLE
Boston
New York
Sub-Treasury
Aldrich
Philadelphia
Baltimore & Ohio Railroad Company
Baltimore
Baltimore & Ohio
Reading
Europe
Bks
Treasury Department
Sterling Exchange
Continental
Reichsmarks
la Gascogne
France
Ladenburgh, Thalman & Co
Schiedam
Heidelbach, Ickelheimer & I
Muller, Schall & Co
The
Commercial and Financial Chronicle
Bank OF England
Bank OF France
Stockholder warns against exchange for preferred stock in Eastern property
A stockholder argues that issuing $3 150 000 certificates of indebtedness for 6 percent preferred stock creates a permanent debt with taxes and interest as prior charges. The sinking fund would reduce funded debt to 10 million in about five years, after which control passes to shareholders. He notes guaranteed interest under the Boston and Maine lease and questions legality, urging protective steps.
MENTIONED IN THIS ARTICLE
Boston & Maine
Local Firms Declare Mixed Dividend Yields
The National Tube Works Company declares a 24 percent dividend. The Narragansett Mill Company of Fall River issues a 142 percent quarterly payout. The Weed Sewing Machine Company of Hartford proclaims a 3 percent dividend. The Waltham National Bank declares 4 percent, payable Oct 1, as does Framingham National Bank with a 4 percent dividend on Oct 1.
MENTIONED IN THIS ARTICLE
National Tube Works Company
Narragansett Mill Company
Fall River
Weed Sewing Machine Company
Hartford
Waltham National Bank
Framingham National Bank
Kidder, Peabody Co Orders Executed in Three Cities
Stock and bond orders are executed in Boston New York and Philadelphia involving Kidder, Peabody & Co. The report notes the transactions across these markets and confirms cross city settlement.
MENTIONED IN THIS ARTICLE
Boston
New York
Philadelphia
New York Financial Markets Report Quiet Overall on Sept 26
Money on call eased to 4 to 5 with last loan at 4 and 60 day bills steadier at 4.79 4.80. Government bonds dull and steady. stock market quiet yet firm after 2:15 with Jersey Central up 1 percent and other gains modest. Pacific Mail led gains late, while rail bonds showed uneven action and several issues moved on modest volume.
MENTIONED IN THIS ARTICLE
Bank OF Germany
Austria-Hungary
Netherlands
Belgium
Italy
New York
Boston
New York Stock Exchange
Boston Stock Exchange
Murray R. Ballou
Joseph W. Davis
Robert F. Clark
Charles Dudley Head
William C. Fisk
Sidne Chase
Irving A. Evans
Lyman &. Greenleaf
Henry L. Tilestines
Charles C. Jackson
Henry W. Dodd
Henry Clews
Terest
Atchison
California Southern
Atlantic & Pacific
Union Pacific
Chicago
Wabash
St. Paul
Rock Island
Burlington & Quincy
Chicago, Burlington & Northern
Cincinnati
Sandusky
Kansas & Western
Southern Kansas Gulf
New England
Kansas City
Memphis
Birmingham
Consolidated Vermont
Central Iowa
Elijah Smith
Sears
Boston & Maine
Boston & Lowell
Boston & Providence
Central Massachusetts
Bostwick
New York & New England
Shinn
Erie
Rhode Island
Connecticut
Bell Telephone
West End
Suburban Street Railway Company
San Diego
East Boston
Prime Mercantile
Sterling Exchange
Jersey Central
London
Pacific Mail
West Shore
Chesapeake & Ohio
Morris & Essex
Mobile & Ohio
Oregon & Transcontinental
Liron Mountain
Indiana, Bloomington & Western
Chesapeake & Ohio Extension
St. Paul & Minneapolis
Oregon
Texas Pacific
Richmond & Alleghany
Detroit
Pacific Mail Steamship Company
Hart
Gould
Houston
San Francisco
John D. Spreckels
Oceanic Steamship Company
Atchison, Topeka & Santa Fe Road
Sydney
Liverpool
Hoosac
Fitchburg Road
Kilkenny
N. H
Lancaster
Philadelphia Gas Company
Woonsocket (R. I
Thomson-Houston Dynamo
Woonsocket Street Railway
Stock Sales Report for Sept 26 in New York
Today 273238 shares changed hands in New York stock transactions. The report lists shares sold with opening, highest, lowest and closing prices for the day and notes Vive and yorroruay as part of the data.
MENTIONED IN THIS ARTICLE
New York
Mining Stocks Close in California Markets
San Francisco September 26 official closing prices for mining stocks show varied results with listings including Hale & Norcross Bodie Con Chollar Mt. Diablo Crown Point Sierra Nevada Eureka Con Union Con Gould & Curry and others amid fluctuating values as reported.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Hale & Norcross
Mt. Diablo
Crown Point
Big Sierra
Sinan Eureka
Union Con
Gould & Curry
Utah
Cccevceere
Tamarack Mining Company reports year gains and new stamp mill
Annual report for Tamarack Mining Company ends June 30 1887 shows refined copper output 4 636 521 pounds from 6 232 119 pounds of mineral with a gross 474 614 68. Total profits 219 682 61, assets 381 712 59 liabilities 356 267 38. New stamp mill cost about 110 000 with two heads crushing 9375 tons in July yielding 668 000 pounds of rock processed and planned expansion to six heads.
MENTIONED IN THIS ARTICLE
Tamarack Mining Company
Hancock & Calumet Railroad
Boston
Hancock & Calumet Railroad Company
Commission
New York
Calumet & Heela
Calumet & Hecla
Tamarack
Six Months' Work on Connecticut & Passumpsic Rail Lease
The Connecticut & Passumpsic Rivers railroad reports six months ending Dec 31 1886 showing receipts 418791 expenses 224996 net 193795 with surplus 1368 and yearend on hand 142168. Lease to Boston & Lowell Railroad Co for 99 years from Jan 1 1887 guarantees dividends of 5 per share for ten years and 6 percent for the remainder. Boston & Lowell to cover fixed charges.
MENTIONED IN THIS ARTICLE
Connecticut & Passumpsic Railroad
Boston & Lowell Railroad
Boston & Lowell
Connecticut & Passumpsic Rivers
Boston & Lowell Railroad Corporation
Boston Safe Deosit and Trust Company
Connecticut & Passumpsic Rivers Railroad
Massawippi Valley Railway
Passumpsic
A. B. Harris
High Grade Tour For Pennsylvania Railroad Southern Tour
The Pennsylvania Railroad announces a high grade Southern tour with a special through Pullman train. Travelers retain their Boston berth on return and ride daylight for most of the journey. The trip uses new vestibule cars with a fast schedule and no changes except the first night out.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad Company
Boston
Market Reports September 25 Flour and Grain Prices
The flour market remains firm with strong demand for spring patents and high quality grades. Corn holds steady with notable price advances in shipping, while oats show quiet activity. detailed quotations cover wheat, oats, cornmeal, rye flour, millfeed, malt, hops, and related futures alongside stock and future call figures. The Indianapolis News notes Indiana corn yield around 60 percent of average amid ample old corn in crib, affecting fall prices.
MENTIONED IN THIS ARTICLE
New York
Indianapolis News
Indiana
Crib
Minnesota Bakers
Michigan Stone
Michigan Rollers
Canada Superior
Canada
New Ne
Copper Mine Expansion Pushes Levels and Production
The mine reports 1044 cents per pound copper valued at about 70000 dollars with 40000 costs for mining stamping freight and 13000 for sinking No 2 shaft and new plant machinery. Mining currently yields two heads with 6 cents per pound and reaches the eighth level about 1400 feet long. The winter plan adds rock supply to two more heads and boosts output. ninth and tenth levels to be opened by year’s end and another head required.
MENTIONED IN THIS ARTICLE
Calumet & Hecla
Tamarack
Osceola
Portage Lake Mining Gazette
Allonez
Quincy Stump Mill
No. Hsliatt
Eastern Railroad
Eastern Common
Eastern Railroad Company
Market Report Shows Prices Stable Across Staples
Commercial notes show canned goods unchanged while flour and corn hold firm. Eggs are steady with quiet demand for beans and a fair truck demand. Potatoes hay straw and grass seeds are dull to steady, while sugars and molasses ease or hold. Fresh beef firm and pork steady with other meats quiet.
Canned Goods Market Holds Firm Amid Light Supplies
The canned goods trade shows steady activity with firm prices as packing winds down. California and Maine supplies shrink while West canning halves, apples and tomatoes rise modestly in price, and New York and Baltimore report firm markets with limited capacity to fill orders.
MENTIONED IN THIS ARTICLE
California
Maine
West
New York
Baltimore
Delaware
Butter Prices Steady In Market Report
In the butter market prices are steady and a fair trade tone persists amid cautious buying. Retail demand remains steady as producers monitor supply and prices with interest from retailers and consumers.
Also Mentioned on This Page
Anguga
Lguiney
Trimatack
Ae Land Companies
AGGIA
Byoomubg
Westing
Atlantic & Pac, Inc
Southern
Kan
K.C
Ft. Scott & Gut
C.juifs
L. Rock & Ft. Smith
Central
Feir
Central Inc
S. Pac
N. Y
New Eng
N.Y
Oregon Short Line
Se. Og
L. Champlain
L. Champain
Peab
Ark, Valley
Rutland
Rutland Ds
Sonora
Southern Kansas
Topeka & S. Fe
Boston & Albany
Chi
Bur. & Northern
Bur. & Quincy Yeons
Michigan
Fitchburg
Flint & P. Marg
K. C
Ft. Scott & Gulf
Spring. & Memp
Clint & 8
Maine Central
N. x
N. Eng
Falls & Con
Telenes
Wis
Pref
New
Eng
Erie Telephone
Telephone Rr
Lamson Store Serv. Co
Pullman Palace Car
Ing
den. & R. Na
East Tenn
Fort Wayne
Texas Ee
Kan, & Tex
Man
Beach
Ste
Minn & St. le Seee
Vicie Sane
Essex
Cess
Nash
Pacific
Ty C
Roch, & Pitts
St. L
Seeee
Wens
POL, Seuss
Baie Utica & Blr
Pullman Pal
Eeeene
W. Union
Seeer
Oste Con
BOND
Cen. P
N. W
G.mn
Cc Erie
Kan. P
Tex P.L G
Den
Tex. P. R. G. N. Pac
Ale Pac. Sts
GC. Nav. Lsts
W. Shore 4S
Adams
U Eee
American
Wells Fargo
Amador
Coal
Best & Bel'r
By . Loenix
Bodie
Licksilver
Oe Brunswick
Col. Coal
Santiago
Con
C & Va
Savage Scene
D. Terra
Security
Ly el Cristo
Standard Tenn & I
Cces
Ontario
Basset, Whitney & Co
Bankers and Brokers
Devonshire Street
Kidder, Peabody & CO
Nassau ST
Kers’ Board
Ny&ne
Boston Lana
Av Am Bell
Lamson SS AG Vu
T&s
Conn
At & Pacine
Kk & W
Am Bell Tell
Eastman C
Cal & Hee
Dunkin
Tamarack Bo
Aspinwall
Bob
T& SK
B&a
B& L Ae
B&m
B& N. Cen
Cen
M. At & Pac
M& B
Beli
Ny&neh
Vt& Mass
T&sf
Am Bell Bog
Quincy
T&sr
A&p
Ny& Eal
Wilson W. Fay & Co
State Street
Burton
Bannon
Lord Acoustic
Bowman
Crete
Elle
Mass
Lord ‘Acoustic
Seiz
Gray’s Dynamo Elec
Mining and Stock Exchange
First Board
Breece
Seer
Rappahannock
Napa Mining
Oriental and
Mittler
Franklin Mining
Bonanza Mining
Santa Fe RR
Sehenee
Tae A
Heston Water Power
Burton Car Co
Enterprise Chemical Co
Kensington Chair Co
Brunswick Kerth
Dr. & Mil
Bonanza
Stormonk
AQ Brun
G’d. Ty
C.co
Catalpa
Crescent
Lord Ac. T
Ms Ass.a.c
Smpire
M.E.W.M
Iluron
Istandard
OD Mesnard
lToledo R
National Ict
Weer
NEW York Financial
Alt & T.M
Pac
Central Pac
Alton
Col
H. Va
del. & Hi
Doo
Bly
Tidewater
Winnipeg
Norquay
United States
McTavish
Canadian Pacific Railway
Me‘Davish
Drexel-Morgan
John A. Hambleton & Sons
ST. Louis
Milwaukee & Northern
Lake Erie & Western
Sree Wabash Western
Louisville & Nashville
Vera Cruz
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