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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 25, 1889

Page

6

Money Market and Bank Roundup from Boston News

The Boston money market remains easy yet inactive with banks holding a surplus over reserve needs. Time loans run 3% to 5% and call loans 2% to 3% with collateral. New York funds at 5.12% discount, exchanges rising, and local stock activity dull but strong at session close. Atchison stock dominates chatter amid proposed director allocations. Fort Worth immigration push offers 20,000 boomers free transport to Texas Panhandle. Burlington & Quincy and Union Pacific show mixed moves as telephony and copper shares shift. Boston & Montana copper output noted. Calumet & Hecla management rumored retrenchment.

Boston New York Frank C. Miles The Boston Safe Deposit and Trust Company Worcester Dulness Atchison Kidder, Peabody & Co Messrs Kidder Theort Worth Denver Railroad R. A. Cameron Oklahoma Texas Panhandle Fort Worth Chicago, Burlington & Quincy L. H. ‘Taylor & Co Bears Burlington & Uincy Hannibal & St. Jo Burlington Union-Northern Pacific Union Pacific Oregon Wade Mexico New York & Oer England Chicago, Kansas & Western Bell Telephone American Bell Company Inc. Cftors Sis Sevecesees Osgood, Lakin and Badger Boston & Montana Ontonagon Calumet & Hecla

Dividends Declared By Several Companies

The Boston and Maine Railroad declares a dividend of 4 per share with date May 15. Swampscott Land Trust proclaims 50 cents per share, Stafford Mills Fall River at 2 percent, United Express at 144 percent payable May 15 with books closing May 2 reopening May 16. Bank of Montreal declares a 5 percent weekly dividend yesterday.

Boston & Maine Railroad Company Swampscott Land Trust Company Stafford Mills Company Fall River United Express Company Bank of Montreal

Directors and officials open subscription books in Boston

Books of subscription now open and an invention exhibited at the office of W C James & Co Leather Boston Mass. Directors listed include Willard C James Esa Wright Oscar A Mann Joan M Corse George E Smalley all Boston based with roles in shipping postmastership and manufacturing.

Willard C. James W.C. James & Co Boston Mass A Wright, Esa Rockland Oscar A. Mann Joan M. Corse George E. Smalley Boston & Norfolk Steamship Co

Bondholders Extend Bond Deposit Deadline for Denver & Rio Grande

The committee reports securing sufficient bonds at Central Trust Company to back their plan and extends the deposit deadline without penalty to Saturday the 27th. Signatories include George Fost, Charles J. Canda, James C. Parish, and others, with offices at 16 Broad Street, New York City.

Central Trust Company George Fost Charles J. Canda James C. Parish Barthold SO

New York Financial Market Report Marks Mixed Day

The New York financial column notes dull but steady sterling rates with demand at 4.86% for sixty days and 4.88% on demand. Railroad bonds show activity while stocks close strong at best prices. Memphis & Charleston advances 3%, Wabash and Reading move amid mixed shifts, with overall narrow fluctuations and a strong close. Trading totals about $1,998,000 with notable bond gains across multiple issues.

New York Primo Mercantile Paper Sterling Exchange Memphis Charleston Reading Wabash Preferred Cleveland Columbus Cincinnati Indianapolis Big Four Colorado Coal Exas Pacific West Shore Burlington & Quincy Denver Rock Island Chicago & Milwaukee Louisville & Nashville Pensacola & Atlantic Milwaukee Lake Shore & Western Texas Pacific Iron Mountain Manitoba Dakota

Foreign Financial Markets Report from London

Foreign financial markets in London on April 24 show Consols at 989-16 for money and the account. U S 4s quoted at 13248, Atlantic and Great Western firsts at 31, Canadian Pacific at 51 1/2, Erie at 28 5/6, Illinois Central at 114 1/2, Mexican ordinary at 48, St Paul common at 66, New York Central at 109 1/2, Reading at 22 5/8, Mexican Central firsts at 73 9/3. Money at 1 per cent. Paris quotations list 3 per cent rente at 87 francs 42 4/2 centimes for the account.

Allonez Arnola Atlantic Bonanza Devel’t Montoe Ee Butte & Boston Cal Hecla Catalpa Weeresecesssvsveedge Santa Fe Tamarack Bay Newport Lamoine Payson Sullivan San Dicgo Osc Cues Topeka West End Winthrop Wollaston BONDS Atchison L. G At. & Pac L. Rensld D.D Wis Eik K. C Ft. 8 G. Teid M.C Central Do Inc N.Y N. E P. D’o Oregon L. C. Con Pueb. & A. V Ty Rutland Ee Eee Do Inc Ite St. Jo & G.I Union Pacific S. F Wis. Cen. Ist Go Inc Atch Atlantic Pacific Boston & Albany Sneer Canton Col Cin Cacecevescas . Ee Fitch Flint & P. M K.C Bae G. & Sp Ks G W M Maine Old Colony Cess Rutland Summit Branca Am. Bell Eastman Car Heater Lamsoi Store Ser. Co Pullman Police Car Co Pheumatic ‘Tool Co Boston & Liverpool Co Phonograph Toy Lynn Gas Lee Lynn Boston Mt. Beert & East Poarenses Ee Malden Elec. Co New York Despatch Co Sugar Refineries Co Thomason-Houston Elec Do Int Duly Do Trust Eeee Thomson Blec. Welding Westinghouse Elec. Co London United States Atlantic & Great Western Canadian Pacific Erie Illinois Central St Paul New York Central Reading Paris

Commercial Market Trends Steady to Dull Across Goods

Lumber shows fair demand while flour and several grains such as cornmeal and oats remain dull or quiet. Butter and eggs hold firm, limes oranges and apples show varying strength, sugars rise, and molasses remains very strong. Poultry, hay, and straw stay steady, with truck demand high and certain meats quiet.

Graham

Fall River Cloth Market Holds Firm Prices

Fall River reports a firm print cloth market with mills reluctant to accept current quotes. Regulars at 3 percent, 56s at 3.5 percent. Occasional 1000 pieces of 64s trade quietly, with odd contracts common. Overall market condition remains steady with light total transactions.

Fall River

Wool Sales Resume in London After Easter Break

London wool sales reopen with strong demand for greasy merinos and cross breads. Tasmanian scoured prices rise slightly as 14,071 bales offered, 6,890 withdrawn, leaving 121,000 bales. Sales run to May 4 with regional results from Victoria New South Wales Queensland and other colonies.

London Victoria New South Wales Queensland South Australia Tasmania

City horse markets show steady demand and solid prices

Across multiple marts the market remains brisk with strong buyer activity. Prices span from $40 to $450 for various classes, including drivers and draught horses. notable sales include single drivers at $450 and two matched pairs at $1200, while overall volume remains heavy and prices well sustained.

Walker’s Bazaar Moses Colman & Son AE Bowler Isburgh & Co Russell Kansas City Welch & Hall International Horse Exchange Canada West Ch& E Snow

Lumber and metal market steady with varied demand reported

The market notes fair demand for lumber across regions with firm prices. Eastern and Southern lumber show steady levels while Western demand remains fair with ample supply. Iron, steel, nails, pipes, and copper show quiet trade, steady prices, and modest movement with prices listed for pig iron, bar iron, plate iron, and assorted metals.

Pennsylvania Canada London Eglinton Summerlee Gartsherrie Langloan Coltness

Timber and Lumber Prices From Indiana and Vermont Markets

Prices for sap, heart pine, spruce and cypress across Indiana and Vermont show broad ranges. Heart pine and spruce segments list several grades and lengths with per unit costs, including No 1, extra, and second clears, alongside lath, cargo, and yard rates.

Canada Indiana Vermont

Market Report Notes Steady Demand and Crops Outlook Ahead

Canned goods market shows steady demand with prices near last quotes. New crop French peas look favorable. potential abundance if winter stays frost-free. Lobster packing may start 4 to 6 weeks early. stocks light and exports rising. Salmon dull with exporters settling. Tomato and corn sectors vary with price resistance and improved demand in tomatoes. Prices and cans list include apples to squash with varied per dozen or per box figures.

Hartford County New York Delaware Jersey California Lima

Wheat and corn edge higher as traders weigh demand

In Chicago on April 24 Farnum Reardon reports July wheat firm with big traders buying earlier shorts offset by anticipated rally. Cash corn seen bid May price. oats dull but steady. Provisions weak, hog receipts forecast 16,000. Boston and New York futures show mixed strength with bears turning bulls late. weather hints rain and slower movement.

Chicago Farnum, Reardon & Co Boston Seaboard Shorts Yo Gilman, Cheney & Co Bears Williams. & Co Avril Chomlad New York Daly Minneapolis St Louis

Also Mentioned on This Page

Willard C. James, Esq E. T. Wright Esa Gray & Milliken, Bankers Kilby Street Boston Electric Light Company City of Samuel Sias State Street Boston Electric Light CO City of Omaha Reno County Kansas Mercer County Ohio Osage City Kan N. Muskegon Mich Manhattan Horton Harrison County Ind E. Liverpool Graham County Park County Mont City of Chadron Neb Rendall Township N.W. Harris & CO Boston Safe Deposit and Trust Co Corner Water George C. Monrert Denver & Rio Grande Western Railway Company Boston Stock Exchange BO RD Miscellaneous Stock Exchange Railroads FIS & M FS & G Ny&ne Am Bell Telephone Tania Aspinwall Boston & Aib Be&q Nee Center Mass San & Cc Richburg Ny&n Pollman Palace I Oe West End Rapid A.T &S F Col Trust Wee E & W Ss Lr&es TB Eeeevere Ay NH Ogs Reese Loston Lana French Bay Sillivan Harbor Ely West End RB & Mont IOC Osceola Vassee Cleve & Can Fitchburg Biiat & Pere Mar Die Sie Eis OK & Nav Co Pee G F&c Edison Phon Toy Eees Westinghouse Llec Wilson W.lay & Co Burton Abt International Hatton Hole MaCh Don Enrique Addax Hbastig Granite City Robinson-oster Elec Edison Rhon Tremont Bank Manufacturers’ Bank Coos Ees Saci Veles CS Ae Cked Conad Market Bank Framingham Bank Ees Seconda Metropolian Bank Aucveweuae Merrimae Bank Haverhill Ae Bank Geyened Ons Eeemae Asiatic Bank Salem Union Book Gove Prumion Bank Continental Bank Bates Manuf. Co Seceesevee Border City Mills Wail Tiver Eeee Nauinkeag Steam Cottom Mills Ccheco Manuf. Co Peabody Mills Hill Manuf.Co Ene Ennee Amory Manuf Lowell Machine Shops Lowell Manuf. Co Middlesex Mills Great Falls Manuf. Co Passumpsie Quilky Rutland RR Northern RR Farmers’ Loan and Trust Co McKay & Bigelow HH. M Fort Payne Coal and Iron Co Eves National Tube Works Boston Food Supply Co Aenee Sugar Refineries Missouri KR Brunswick & Chillicothe RK Sand, & Cleve. RR Bur Quincy RR Union Pacific RR Northern Nashua Rochester Current River East Ilinois City Clinton & Spring Winthrop & Shore RR N. York & New Eng Ghio Nema Oet Ing Ing. Att. & T Ata Vacifis Pees Air Se Ces Roch Central Iowa Central Pacific Ches St. L Hg Chi del. & H Erte Bon Houston Ill Cntral Tex Kings Pem Isi Ke Shore Sear Louis Ener Acuic Essex Nash Miss Fittsburg Ling Rich al Sete Rw W. P Rome Vy St. L Dove St. P.& O I. & Bis Eree - Ui W. al. K Ins Eee Land and Miscellaneous Companies Pacific Mail Eely Ly Pullman Pal W. Union Avertean Tenn. C. & L Perry Coal Big Phil Sugar Trust N.W D.& RG K.g PL & Ec Misikas St. O St. P. Co & FP Kan. P Lilit. Ists Vay Tex. N. Pe Betrerec N. W W. Shore Aspen Bovie Ee Mono Ontario Uick Ailver el Cristo Eureka Sullivan On Hale & Nor United U Copper Yellow Jacket Homestake Freeman’s Bank Eeenee Eer Og Bank Ee Enenene NEW York Financial San Francisco Alta Potosi Savage Sierra Nevada Crown Point Ova Utah Union Gontd & Cwry Hate & Norcross Sie Commonwealth Nevada Queen James & Abbot Liberty Square Norway Shell New England Russia Baltimore Financiaat Brown Bros Gro. E. Buttaro Louis Curtis the Eastern Banking Milk Street Francis A. Osborn T. Merrihew Eywesthent Bonds Union Dee Benture Company Water Street John Jeffries & Sons Devonshire Street French & Son Washingon Street Straits Enbing Brice John E. Welsh Minnesota Michigan Canada Superior Canada Roller Canada Extra
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