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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 08, 1889

Page

6

Money Market and Stock Report in Boston Heading to August

The Boston money market shows light strengthening despite New York checks. Banks near legal limits loaning at 4 percent between institutions, with 4.4 percent short term papers and 4 percent for four months. Stock market holds as a waiting bulls mood with ongoing demand for solid issues and signs of higher figures ahead.

Boston New York Europe Treasury Clearing House Exchange Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah London Reichsmarks Ohio Indiana Iinois Minnesota Wisconsin Iowa Missouri Baltimore & Ohio Vanderbilt Chesapeake & Ohio Erie Grand ‘Trunk

Dividends Declared by Local Firms This Month

Massachusetts Loan and Trust Company declares 3 percent dividends payable August 15. Whitebreast Fuel Company pays 1.4 percent on August 12. Western Farm Mortgage Trust Company declares 5 percent semiannual dividend payable on or after August 6. Richard Borden Manufactory and American Linen announce 2 percent and 3 percent quarterly dividends respectively. Troy Manufacturing Company posts 6 percent dividend.

Massachusetts Loan & Trust Company Whitebreast Fuel Company Western Farm Mortgage Trust Company Richard Borden Manufactory American Linen Troy Manufacturing Company

Railroads weighing consolidation amid Ohio Indiana Illinois lines

Discussion on possible merger of the Toledo Peoria & Western Ohio Indiana & Western and Chicago & Eastern Illinois with the Cleveland Columbus Cincinnati & St Louis. Consolidation seen as aiding harmony and economy across Ohio Indiana and Illinois. New C C C St Louis yields 5 percent on preferred at 101. Chicago & Eastern Illinois preferred pays 6 percent at 103. In total, 2264 miles would form a powerful Midwest network centered near Chicago. Also Governor Larabee asks railroad commissioners to report stock holders salaries wages and ticket structures in annual audits.

Cleveland Columbus Cincinnati Indianapolis Cairo Ohio Indiana Illiois Cincinnati & St. Louis Chicago & Eastern Mlinois Oledo, Peoria & Western Ohio, Indiana & Western St. Louis Chicago & Eastern Illinois Chicago New York Evening Post Des Moines Larrabee

Stock Market Gains After Noon Amid Mixed Trading

New York reports money on call easing to 2% 3% with a last loan at 3 and prime mercantile paper at 4% to 6%. After 12 o'clock market tone improved, most stocks rose, led by Missouri Pacific St Paul and C C St Louis and Lake Erie Western and Chesapeake Ohio. Overall list remained dull with late-day firmer closes, notable bond movements and varied stock shifts.

Cotton Oil Trust Pneumatic Tool Co Man Peach Burton Stock Car Co Fener Ener Boston & Liverpool Co etiElev Elec Yelding S.&w Lee Enee Illinois Steel Co Lyon & Boston Railroad Lynn Gas & Electric Co Mt. Desert East Shore Execm Malden Electric Co Ohio Eure New York Despatch Co Essex North Chi Nash Chat Ween J. Cent Idig Fidie Seeee N.&w Thomson Houston Thomson Elec Westinghouse Elec. Co Winnissimet Co eenee _N. a &N . E Ohio & Miss West Oregon Wilson W. Fay & Co State Street Oregon Trans Morley Button Sew Boston Land Pitsburg Crescent Rich, & al Maverick Land Ewer Steer Robinson-Foster Rome Wilkins Bonanza Catalpa St. Paul Utica & BR Shoe & Leather Nat. Bank Stl Nat. Bank Salem Prescott Nat. Bank Lowell Pullman Pal Atlantic Cotton Mills W. Union Hill Mfg. Co Arlington Mills Poperg. CO Jackson Mfg Tee Ee Nashua Mfg Enevaere Chi. Gas Trust Ye Igewasset Val Lib Lexington Water Co Wee Tener Dedham Water Co Denison Land & Invest. Co Car Co N.W Farmers’ Loan & Trust Co Kan Navy Lil Thomson European Welding D.&r.g. Lats Rae & Trans Elison 1. M. Ek D Con Oston United Gas Co Erie St. P C Rutland Kan. P Bur T. G. Ce Louis, & Nash Freeman's Nat. Bank Tex. P. L. G Boston Stock Exchange Asiatic Nat. Bank N. J P. R. Mining Companies Salem Nat. Bank Een Lsts Jt Ir Last Blackstone Nat. Bank One Lt. Pac Rich Ales. Gorn Nat. Bank Iw. Shore Allouez Bank of Commerce Eare Arnold Bank Chelaea N. Queen Atlantic Tremont Nat Bank Vente Hest & Bicher Crown Point Plymouth Qos Naumkeng Steam Cotton Cov Euee Pocasset Mills Fall el Cristo Manchester Mills Amory Tron Ward Con Franklin Ly Saco Water Power & Mach Yellow Jacket Huron York Mfg. Co S.é McKay Bigelow Neptune Ins. Co Thinois Steel Co Quincey Ridge Ses Seeee Senor Cincinnati Santa Teo Malden Jamarack Little Rock & It Scrip Land Companies Aspin Wall Toothbay Boston Eeree W. P Pe Brookline Campobello Eeer East Boston Eere Ae Bay Maverick Newport Lamoine Os Payson Oenene Penobscot Wee la Diego Sullivan At, & Pac Doine L. G C. & W. Mich St. P. Gs D.D Elk H K. C L.R Aaa ABE Noles N.Y Pac P. D’o Do Tex. div Do Inc Sonora Ae Eee Ee St. Jo & G. I Union Pacific Isoston & Albany Boston & Lowell Boston & Provene Cal Central Muass B. Eee Canton Eee Casis Peere Wee Rie S Gulf Sens K. U L. K Petre Neasie Thy Union Pacifc Wisconsin Central TPOE Am. Bell Vlan Ope Tlodica O.cchiniwisl Eastman Car Heater Lamson Store Ser. Co Pullman Palace Car Co New York Prime Mercantile Sterling Exchange Missouri Pacific St. Louis Kansas & Texas Richmond & Alleghany Burlington Sioux City Duluth South Shore Houston & Texas San Antonio Aransas Pass Manitoba Chicago Pittsburg Hocking Valley

Commercial price trends for commodities in market report

Market notes show steady leather and cheese prices while hides and hops weaken. Corn, rye flour, oats, and cornmeal vary from dull to firm. potatoes strengthen and bananas stay steady. Fresh beef and pork demand remains fair. lambs abundant and veal dull. California fruits active, molasses nominal, tallow steady.

California

Prices for Hides and Skins Mixed Across Grades

Market report shows varied demand as buyers stock BP Wax and hip leather hold at old prices. Grain and buff feather sell fairly. splits and finished calfskins steady. Quoted per foot and per pound ranges cover buff feather No 1 to No 2, various grain and finish types, and domestic versus Western stock.

Print cloth market stalls in Fall River at steady pace

Fall River market reports printing cloth at 31 5 16 cents per yard with limited activity. Buyers show little demand as traders hold prices and wait for better activity.

Fall River

Wheat market eases on export demand and weather

The Chicago option market reports a 1.3 million bushel rise in wheat on passage to the United Kingdom and Continent, with better weather abroad and mild Liverpool prices. Corn runs dull and steady amid expectations of larger receipts, while provisions stay active near best prices. Export demand for lard remains strong and bullish sentiment shifts with large local purchases and potential supply shifts.

Chicago Farnum, Reardon & Co Boston United Kingdom Liverpool New York South America Gilman, Cheney & Co

Leather Market Holds Steady as Demand Moves Forward

The leather trade shows a steady tone with a fair movement rate. Buyers remain confident, prices sustain, and overall market outlook is favorable with limited supply of top tonnages. Reports cover hemlock sole leather, common hide, crop leather, rough leather, and finished leather with varied price ranges and steady close.

Buenos Ayres Montevideo California

The Hide Market Prices and Hides Trading Report

The general demand for hides is quiet with prices steady. Weekly sales show varied prices for calfskins, green salted hides, packers, New England lots, and overseas dries, noting specific values for cows, steers, lambskins, and dry goods across regions including Brighton, West, New England, and Southern districts.

Brighton New England Buenos Ayres Montevideo Rio Grande Entre Rios Corrientes Cordova

City Horse Market Shows Quiet Time in Selling

Horse dealers report a dull trade with no anticipated improvement until September first. Nine months of good business ended July. common grade horses sell low, and shippers find little profit. Auctions vary by stable from 40 to 400 dollars, with many sales around 100 to 225 dollars and a general sense of moderated activity across multiple houses and exchanges.

New England New Haven Company New Haven Union Pacific F. L. Ames Union Trust Company of New York Calumet & Hecla Summit West End Boston Lamson Consolidated Lamson Maine Consolidated Store Service Company Chandler & Barber Eliot Street The Herald Lamson Consolidated Store Service the Herald London Lamson Company L. Day & Co Brockton Potter, Lovell & Co Newton Duluth South Shore & Atlantic Oregon San Antonio & Aransas Pass Milwaukee, Lake Shore & Western Duluth & Iron Range Railroad Minnesota Iron Company Vermilion Chandler Ranges Vermilion Range Chandler Lake Erie Chicago Sllinois Steel Company Pittsburg Two Harbors Buffalo Lake Superior Newark Fire Department Coal Trade Journal Cincinnati, Sandusky & Cleveland Metropolitan State Shoe Merchants Salem Prescott Lowell Freeman’s Atlantic Asiatic Blackstone North Commerce First Chelsea Tremont Massachusetts Beverly Lowell Manufacturing Company Hamilton Woollen Atlantic Cotton Arlington Mills Pope Jackson Nashua Naumkeag Pocasset Mills Attsburgh & Co AE Bowler New York State New York Portland Walker’s Bazaar Moses Colman & Son Welch & Hall International Horse Exchange Ch&e Snow

Flour And Grain Market Report With Prices And Shipments

Domestic flour quotations range from 2.35 to 5.75 per barrel depending on grade with fine and superfine at 2.35 to 3.36 and winter patent at 5.75. Receipts today total 4001 barrels and 6192 sacks, similar to last year’s 4044 barrels and 8285 sacks. Inspect ions show diverse corn and oats carload figures totaling 29 with No 2 red winter wheat and various steamer and white oats represented. Demand remains limited and buyers cover current needs. Canada export quality flour offered from 4.65 to 4.90 for export.

Minnesota Canada Superior

Also Mentioned on This Page

Nebraska Ilinois Kansas Atchison Gould Alton Atchigan Miscellaneous Stock Exchange Hest C.K C. Ft & Mem K.C Do Ist Inc SonOrTa Tsa Tell Erie Tel Frenchman’s Bay Lamoine Land Sullivan Harbor Land Catalpa Pere Duckin. Seees Eener Osceola Mining Santa Fe Tamarack Mininte At & Pues Mass Bb. & Newess Ore Improve. Co San. & Cleve Evie Tel Amoskeag Man. Co M. Mining Newport Land Santa Fe Mining A. J Central Mass Estes Aeees Raneas N. Y West End Ry Quy Liding Rhom Houst Westinghouse Llec Ing. Said Ag Ing Alt T. H At. & Pacific B. & Air L Roch B.C Ds Nee Cess Aeeer Rosy Gan St. L Qi Central Partic Ches Chi. Alton Sibe & Q D. Ewer del. & H del. & L Ty den R. G Ewer Oom Fort Ware Texas Liz J. B Wenge Vem Lake Shore Long Island Louis, & Sash Ewes Louis, & N Pee Ee Railroad Matters Vanderbilt Consolidations Great Britain Scotch Railways Pst Michigan Detroit Lansing Northern Jan Loves Elizabethtown Lexington Big Andy Anne Okie Sens Kentucky Central NEW York Financial Boston Investment CO Ssbart Washingses St Ylvanite Mining & Milling Co Colorado Norvin Green Pres Union Tel. Co H. Smite Congress St the Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew John Jeffries & Sons Devonshire Street Vss Raterse Lara Ararace Minneapolis St Louis City Horse Market E. Welsh General Markets
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