Money Market Firm as Dividends Pull Funds Abroad
The Boston money market remains firm with banks maintaining 7 percent rates even between banks. Outside money seems limited as corporations draw deposits for upcoming dividends, causing a weekly deposit fall and reduced reserve excess. Reports show a small net bank receipt from outside sources, with calls for margins and varied rates on call loans and commercial paper.
MENTIONED IN THIS ARTICLE
Boston
New York
Essee
Inc
Paris
Reichsmarks
Atchison
Atchison, Topeka & Santa Fe
Kansas
Texas
Indian ‘Territory
Chicago
Venner
Atchigan
John DD
Spreckels
San Diego
Atlantic & Pacific
California Southern
Strong
Albert Nickerson
Atchison Road
Cheney
Boston News Bureau
Irving A. Evans
Alba Nickerson
Shccen Sawyer
Financial rates from multiple institutions
Ashton valve Company pays 2 percent quarterly. Granite Mills Company of Fall River offers 4 percent. Commonwealth Loan and Trust Company quotes 56 percent on demand. Franklin Savings Bank lists 24 percent for August 1.
Foreign financial markets report from Havana and Berlin
Havana reported Spanish gold at 2.8314 and 2.3314 with exchange quiet for U S sixty days gold at 1014 10 percent premium and short sight gold at 1144 114 percent premium. Sugar buyers asked high prices while in Berlin prices held with Russian Austrian and Hungarian gold rentes and Austrian credit improving.
MENTIONED IN THIS ARTICLE
Havana
United States
Berlin
Stock and Bond Orders Executed in Major Cities
New York Office at 1 Nassau Street reports stock and bond orders carried out in Boston New York and Philadelphia reflecting active trading across the three markets.
MENTIONED IN THIS ARTICLE
New York
Nassau ST
Boston
Philadelphia
Mining and Miscellaneous Stocks Reported by Fay & Co
New York stock sales for Aug 1 show 399 437 shares traded with listings of shares sold and the day’s opening high low and close compared to yesterday. The report also includes a recap of the debt statement issued today and details from Wasniverox.
MENTIONED IN THIS ARTICLE
Wilson W. Fay & Co
State Street
Boston
New York
Public Debt Statement Shows Deep Treasury Balances
Treasury reports total public debt of 1.674 billion principal and 1.364 million interest, with cash in treasury 1.279 billion after adjustments. Notes detail assets, reserves for redemption, and funds available for debt reduction including gold, silver, and national bank note reserves.
MENTIONED IN THIS ARTICLE
United States
Pacific Railroads
Eees Kes Incrak
Pia Elenis
The
Treasury
Pacific Railroad
Pacific Reserve
U. S
Sochee Ahie
National Gold Bank
Post Office Department
E-Eeesee
Treasury U. S
Columbia
Chicago Markets Opening Highs Lows Close Varies
The Chicago markets reported yesterday's opening high and low with the closing figures matching the same day last year. The data shows the day’s range and final price level, reflecting market sentiment and compared year over year performance for context.
New York financials show stock market firmness at close
Money on call eased to 4 6 percent with 5 6 final. Sterling around 4.82 to 4.8449 for bills. Government and railroad bonds dull but steady. stocks rose early then faded, closing near the day’s highs. Fort Worth & Denver firsts dipped to 86 5 but recovered. total sales reached 917000.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Stock Exchange
Fort Worth
Denver
Canada
Southern Seconds
Oregon
New District Police Officers Named by Governor Ames
Governor Ames appointed Edwin Y. Brown of East Boston and Franklin E. Emery of Belmont to the district police. Fifty-one applicants competed. forty failed the civil service exam. Eleven passed, four certified up, including two veterans granted preference. Wade assigns one new officer to factory inspections with Bean and the other to criminal duty, replacing Bean who moves branches.
MENTIONED IN THIS ARTICLE
Ames
Edwin Y. Brown
East
Boston
Franklin E. Emery
Belmont
Wade Will Assi
Bean
Officer Bean
Commercials Roundup: Goods Steady Across Markets
Canned goods unchanged and flour quiet while butter remains very strong. Potatoes in good demand and apples plentiful. Cheese easy and eggs firm. Beans quiet demand with other fresh meats steady. Raw sugar and molasses steady, refined sugars firm. Truck demand good and grains show mixed but steady tones.
Market Reports August 1 Flour and Grain
Market notes a draggy trade with prices fairly held and buyers in control. Winter patents bring 4.50 to 5.00, spring 4.75 to 5.15, corn firm though quiet, oats steady with sales at quoted levels, No 2 whites in elevator as low as 9.14 to 9.40 cents. Track sets steady, call bids shown for No 2 white oats and various futures.
MENTIONED IN THIS ARTICLE
South
West
Baltimore
Maine
California
Anne Arundel Co
Portland Oregonian
George Taylor
Taylor, Young & Co
Astoria
Oregon
5Oinson
William T. Coleman & Co
Columbia River
Atlantic Seaboard
Alaska
Sacramento River
Lima
Grain Market Report with Elevator Stocks and Prices
The report lists inspections today of ninety two cars including fifty eight No 2 spring wheat twenty five steamer mixed corn eight No 2 white oats and one No 8 white oats. It shows elevator stocks by month and year for corn oats rye barley wheat peas and Shorts and the visible grain supply for July 1887 and 1886 in multiple centers. It details Chicago and New York stock levels and afloat grain, plus current flour cornmeal rye and oats prices and rough ranges for malt hops and related grain products.
MENTIONED IN THIS ARTICLE
Wisconsin Central
Michigan
Frenchman’s Bay
Long Lake
Sorrento
Boston
Chicago
Stayner
Ives, Stayner & Co
New England
Rubber Trust
Charles P. Clark
New York, New Haven
Hartford
New York
New Haven
London
Chauncy Depew
Robert Garrett
Baltimore & Ohio
Depew
Baltimore and Ohio
Europe
Vanderbilt
Jersey Central
Philadelphia
Reading
New York Central
Pennsylvania
West Shore
Roberts
Jay Gould
California Southern
California
Los Angeles County
Iesug. I
Minnesota
Canada
Superior
Canada Western
Eastern
Commodity price report shows stable butter and cheese markets
Butter and cheese hold steady across New York Chicago and Liverpool quotations. Receipts lag for July, eggs weaken in the West while New York eggs stay flat. Potatoes and hay supply ample with firm poultry prices and steady bean, seed, and tallow markets.
MENTIONED IN THIS ARTICLE
New York
Chicago
Liverpool
Canton
N. Y
Vermont
Northern Choice
Ohio Choice
Vermont Choice
Northern Sage
Choice
Canada
Michigan
Nova Scotia
Island
New Brunswick
West
Timothy
Jersey
East Swale
Long Islands
Bristol Ferry
Fruit Market Reports Mixed Prices Across Commodities
The market shows plentiful apples and watermelons with mixed prices for Nyack pippins Norfolk and South Carolina watermelons range 14 to 20 cents per unit. Delware peaches raspberries and berries listed with varying baskets boxes and crates. Evaporated apples firm with defined price tiers. Oranges lemons and California fruit prices noted with a Tuesday sale date and large upcoming lots. A special Fruit and Produce Exchange meeting is set for Wednesday at 2 o clock to discuss the peach basket issue.
MENTIONED IN THIS ARTICLE
Nyack
Delaware
Norfolk
South Carolinas
Jdersey
Messina
Palermo
California
H. Harris & Co
Fruit and Produce Exchange
Provisions Prices for Pork Beef and Meats in Local Market
The list details pork and lard cuts with prices from 15 50 to 18 00 and assorted items like ham shoulders ribs and bacon priced by cut and weight. Beef offerings cover plate and extra mess at 8 50 to 9 00 per barrel with various grades included.
MENTIONED IN THIS ARTICLE
Lord
Also Mentioned on This Page
Atchison Company
Atchison Directorate
Union Pacific
Jdane
National Bank Notes
Corel E Tea
Foreign Financial Markets
Devonshire Street
Kidder, Peabody & CO
Boston Stock Exchange
Brokers’ Board
A.T& SF
NY &Ne
U Pac
Wis Central
Boston WP
San Diego Land
West End Ld
Kc.m& Bods
L,e& Stl
Ny&ne2ds
Sonora
Kanos
Ya Am Bell Tel
Aspinwall Land
Boston W P
C& Hee
Boston Lane
Es Franklin M
Li Lamson S
Eng Tel
San& C
Fitchburg
Spr
M. OS
K& W
Nyg&ni
Bell
T&s
B&n
S&c
Pullman
Rutland Pta
Wis Cent
A,t&sfe Bs
A & Pinc
Ogbo Inc
L & So
Lrw
P & Ark
UN Pac
Am Bell Tel
Aspinwall la
Bonanza
Maverick Land
San Diego Ld
West Ena
A,t&sf Senee
Con
St R
Cambridge
Col Seer
Rutland
Vine
Quincy
Lilo Chi. & W
Central of Mass
And
Cleveland
Jeve
Cleve
Fiecburg
Flint & P. Mara
Flint & P. Main
Clint
S. A
Sortog
Maine Central
N. FE
N.E
Xi i Colony
Summit
Lord Acoustic
Crescent
Lee
Boston Land
Eeearet
Burton
Ee . Ee
Blite
Minha
Alt. & T. Ufe
Pac
B. & Air L
Central Pac
Ches
Ohio
Chi
Alton
Del
Don
R. G
Oy Ak
Erie
East Tenn
Seas
Fort Wayne
Houst
Law & Tex
Kings & Pen
Bai Lake Shore
Long Island
N. A
Iss
Eas
Pacific
St. Louis
Pittsburg
Rich. & A Reading
E & Dan
We & BF
Rock Island
Texas Pacific
Wes
Toledo
Aspinwall
Scase
Iba
Brookline
Es Carnas
W. Sthus ‘S
Isi
Maverick
San Die
Bia Companie Water Power
Qnds& Pace Mail
Western Tis
Kan
Western
Ya Bonds
Ors Ft. Scott & Guif
S.jo
J.bilnits
Rock & Ft
D.& KR. Gasts
Central
S. Fie
St P. Ew
Tex
Champlain
Lidia 'U
Charap’n, Inc
Lons
W. Shore
Gous
Peee & Ark. Valley
Nav
Brunswick Ve
B. Fe
Coul
Waht
Atlante Pene
D. Serra
Sandla
Boston & Idaay, Cadens
al. Cristo
Securty
Boston & Lowe
Standard
Boston & Aine
Boston & Providence
Ontario
Public Debt Statement
Dia Oe Neve Pension Fund
Sic
Ae Ance
Transportation Service
Jonas - cc Eeseencecee
Csceotal
TOIA
Chicago Markets
NEW York Financial
Pyle
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