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Boston Post in Boston, Massachusetts

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 08, 1887

Page

6

Money Market Report Shows 7 Percent Rate Steady

Boston money markets hold at 7 percent with banks restricting loans yet ample cash at the clearing house. New York funds ease at 4 1 2 to 5 percent on call and 6 to 7 percent on good mercantile paper. Treasury actions and bond offerings loom as bankers weigh prepay and delivery issues amid a larger currency expansion and mixed stock market signals.

Boston Anks New New Ark New York Secretary of the ‘Treasury New York Stock Exchange Exchange Treasury Financial Chronicle United States Nas Bos Acacas Eacethie CIA Insg Scoveercy Boum Boston Post

Industrial investments listed for Fall River and railroads

Richard Borden Manufacturing of Fall River pays 14 percent quarterly. Marquette Houghton and Ontonagon Railroad issues 2 percent on preferred stock due August 15. Chicago Aston and St Louis Railroad offers 2 percent quarterly.

Richard Borden Manufacturing Company Fall River Marquette, Houghton & Ontonagon Railroad Company Chicago, Aston & St. Louis Railroad Company

Rudder Pydods and Co Foreign Exchange Transfer House

Rudder Pydods and Co and their correspondents buy and sell foreign exchanges and telegraphic transfers on Europe, California and the British provinces. Stock and bond orders are executed in Boston New York and Philadelphia.

Europe California British Provinces Boston New York Philadelphia

Unauthorized stock issue warned for Atchison railroad

Stockholders of the Atchison Topeka and Santa Fe Railroad are warned that a proposed ten million six hundred thousand dollar stock issue is unauthorized by the charter. Current capital exceeds the charter limit, and dissenting stockholders may lose payments. Suit will be filed to enjoin the issue. Information available from Clarence H. Venner, 8 Congress St., Boston.

Union Pacific Morse Stebbins Shelby Kimball Adams Omaha Rock Island & St. Paul Chicago Burlington & Quincy Burlington & Northern Chicago, Burlington & Northern Minnesota & Northwestern St. Paul & Rock Island Chicago, Burlington & Quincy St. Paul Duluth Lakes Chicago, Burlington & Quincy Treasury Boston News Bureau Fitchburg Company Erie Telephone Bell Telephone American Bell Telephone Company Erie Telephone Company Northwestern American Bell Company Erie Company Erie Bell Company American Bell Atchison Company Atchison

Foreign Markets Update From London Paris Berlin and Frankfort

Summary of international market activity from Aug 6 to Aug 7 with bond quotes and stock movements. Notable US bonds show 4s at 131 and 444s at 112 1 4, rail gains in US equities, and London discount at 2 1 4 percent. European bourses show mixed but firm closes with selective advances and declines.

London United States Great Western Atlantic Stock Exchange Paris Suez Canal Panama Canal Credit Foncier Berlin Deutsche Short Exchange Long Exchange Frankfort New York

Commodity Market Snapshot Shows Mixed Movements Across Staples

The report notes quiet conditions in metals and grains with corn oats and rye steady or unchanged. Butter remains very strong while cheese and tallow soften. eggs remain firm and craned demand for potatoes beans and truck goods supports meat and sugar markets.

Money on Call Easy as Market Turns Weak in New York

In New York on Aug 6 money on call eased to 3 4 percent after trading from 8 A4. Prime mercantile paper quoted at 5 1 2 to 6, bar silver at 96, and sterling at 4 814% for sixty day bills. Government and railroad bonds remained dull but firm while stocks showed broad dullness with St Paul and Northern Pacific leading declines.

Sinicg Gase Atchison West End Wall Street Atlantic & Pacific Boston & Albany Boston & Maine Boston & Providence California New York New England Fitchburg Union Pacific Bell Telephone Boston Messrs. Cordley Young & Fuller Prime Mercantile Sterling Exchange London St. Paul Western Union Northern Pacific Chesapeake & Ohio Mexican Central Michigan Central Central Pacific Land Grants Indiana, Bloomington & Western

Market Quotations Parade Opening and Closing Prices

The opening highest and lowest quotations and the closing price for today are given. The closing figure matches the same day last year. comparisons show consistency in market behavior this period.

New York Bane

Norfolk boat cargo totals by fruits and vegetables

The Norfolk boat due Monday carries 2700 pkgs grapes 500 pkgs canteloupes 90 bbls potatoes and 26000 watermelons. The Norfolk boat due Tuesday lists 61 pkgs apples 180 pkgs canteloupes and 45 vbls pawnoes.

Norfolk Norfolk Boat

Metal Market Shows Mixed Iron and Steel Demand

The market remains quiet overall with firm prices for pig iron especially No 1 lots and strong demand for foreign pig iron. Scrap dull, steel plate in good demand at full prices, nails firmer, tubes firmer, pipes weak, bar iron steady, copper quiet but firm, tinplates firm, and lead steady. Prices listed for iron, steel rails, and various grades across U S and UK sources.

London Baltimore Gartsherrie Langloan New England

Tin and lead prices from London and local markets

London price list shows tin at £104 178 6d per ton with various grades and copper products quoted. Lead jobbing at 4.5c per lb with pipe and sheet forms detailed. Zinc spelter at 5c and sheet zinc around 64 to 66c per lb. A 20 percent discount applies.

London

Market Reports Aug 6 Flour Corn Oats and Hops Steady

Market notes quiet with steady prices across grains and flour. Cats and oats show modest sales, with a single No 2 white car sale on call and overall weekly movement of 75 cars. Inspections list mixed wheat corn oats peas and various flour values, with milling products and rye oats and malts quoted for export and domestic use.

Minnesota Michigan New York Canada Superior Canada No 1 Canada Western Eastern

Butter and Cheese Markets Hold Firm Prices Across Regions

The butter market remains firm at old quotations with scarce cheaper grades and steady New York prices. Cheese stays unchanged in Chicago and New York with a better export demand, while eggs, beans, hay, and tallow show varied but steady to quiet movement. detailed wholesale quotations for Western and New York creams, cheddars, and farm products follow.

New York Chicago Liverpool Vermont Northern Choice Ohio Choice Vermont Choice Northern Sage Choice Canada Michigan Nova Scotia Island New Brunswick Timothy Bush West Jersey Olege Marenrine Long Islands Bristol Ferry Norfolk

First peach train arrives with mixed quality and prices

The first peach train of three cars arrives Saturday with most fruit in bad order but select lots selling at 50c to 1 per basket. Prices for last year’s first car reached 75c. Good fruit expected next week as prior arrival dates and receipts are listed, with various fruit sales planned by Snow & Co, Blake & Ripley, and H. Harris & Co.

West End Moody Merrill The Consolidated Road American Loan and Trust Company Powers Boston Wisconsin Central Snow & Co Delaware Blake & Ripley California Duchess Bessarabia H. Harris & Co Fram North Carolina Messina Palermo

Market Price List for Produce and Groceries

A chaotic OCR style market list shows varied prices for vegetables and goods. Items include onions Egyptians Maltas cabbages beans peas beets turnips and corn with prices per case basket bush barrel and dozen in dollars and cents. The fragment lacks clear dates vendors and locations to identify a specific market.

Maltas Portlands Long Islands

Also Mentioned on This Page

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