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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 10, 1887

Page

6

Boston Money Market Shows Easier Tone At Clearing House

The money market eased today led by the clearing house with small balances and fair supply of funds. Discounts ranged from 6.5 to 7.0 percent with outside paper at 6.5 to 7.0 percent. Loans on call with collateral held at 7 percent. Government securities dull but steady around 108.5 to 110. New York funds discounted 10 to 17 cents on $1000. Total Boston exchanges were $12.4 million with balances $1.27 million. The stock list showed mixed prices and a late rebound as New York markets firmed. Continuous coverage of railroad earnings, bids, and proxy activities filled the rest of the page.

Boston Clearing House New York Reichsmarks Cincinnati Hamilton & Dayton Boston Cacti Atchison Atchison Plains Chicago Kansas & Western Southern Kansas Atlantic & Pacific Chicago, Burlington & Quincy Stone Peasely Cable Rock Island Burlington & Northern Minneapolis Union Pacific Lake Shore Canadian Pacific Northern Washington Territory Northern Pacific Robert F. Billings August Belmont Eb. P. Cheney Charlies L. Wright Elijah Smith Oregon Transcontinental Company John K Trevor, Work, Strong & Co J. D. Probst Chase & Higginson Edward Sweet & Co James B. Colgate Mackintosh Klaus & Co Prince & Whitely Charles Head & Co John J. Rockafeller Charles L. Colby Richardson, Hill & Co Moore & Schrey Drake, Masten & Co Henry Clews & Co Col Guadalajara New England Chlark, Ward & Co Bostwick Bard Willimantic New Haven New York & New England New York, New Haven & Hartford Consolidated Road Fitchburg Boston & Owell Central Assachusetts Common Boston & Albany Cambridge Horse Portsmouth Great Falls & Conway West End Koston Consolidated Street Railway Company West Ind Street Railway Comny Boston Consolidated Street Railway Company S. 5. Rowe Caleba Donald Kennedy George O. Caepeiee Jacob Pratt Consolidated Company West

Unauthorized stock issuewarning for Atchison Topeka Santa Fe

Stockholders are warned that a proposed 10 million dollar stock issue is not authorized by the charter of Atchison Topeka Santa Fe. Existing capital exceeds allowed limits and dissenting stockholders may lose payments. Suit will seek to enjoin the issue. For information contact Clarence H. Venner, 8 Congress St., Boston.

Atchison Company Atchison Clarence H. Venner Congress St Boston

Banking stock sales on Aug 9 report varied moves

New York stock sales note Aug 9 transactions totaling 191 600 shares. Wilson W Fay & Co lists openings highs lows and closes for mining and miscellaneous stocks including Am Elec Monty Oils Bruns Ships Berth Gray's Dynamo Am Shoe Tip Lord Acoustic and Mexican Telephone among others with varied prices and volumes.

New York Elec Monty Seer Civdacres Aiken Gray’s Dynamo Elec Mach Eye Ee Ae Lord Acoustic

New York Financial Bulletin Markets End Quiet and Firm

Money on call eased to 4 6 with last loan at 4 14 and close near the day’s highs. Government and railroad bonds held dull but firm, while the stock market drifted to general dullness after 2 16 pm. Reading and St Paul showed strength, Northern Pacific and Louisville & Nashville led later. final hour rally brought near peak figures.

New York Prime Mercantile Sterling Exchange Reading & St. Paul Missouri Pacific Northern Pacific Louisville & Nashville Chesapeake & Ohio

London Money Markets and Bond Yields Report

London function closes with Consols at 1009 16 for money and account. United States 4s at 18154, 44s 118 Eries quoted at 114 and 102 for its second. Canadian Pacific at 57, Atlantic & Great Western seconds at 10. Mexican ordinary at 51. St Paul common at 84, New York Central 112, Pennsylvania 5742. Read ing 281%. Open market discount rate for short and three months bills at 21 1/2 percent.

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Upper Coos Railroad Work Begins at Parsons Meadow

Concord report notes 50 local laborers hired for the Upper Coos railroad at Parsons Meadow Columbia. Relief from Riviere du Loup says 800 men will depart for Colebrook tonight with 500 more needed. George Van Dyke predicts opening to Colebrook in October.

Upper Coos Road Concord N. H Upper Coos Parsons Meadow Columbia Riviere du Loup Can Colebrook George van Dyke

York Beach Road Opens as Portsmouth Line Reaches Bartlett

The Portsmouth to York Beach railroad opened Monday extending to Hotel Bartlett at the beach end. Hotels and cottages will gain greatly from the line which runs to the eastern part of the beach and will operate in a few days. The $100,000 project via Kittery Point adds seaside lots and five daily trains per direction except Sundays. The inaugural run carried 120 passengers.

York Beach Portsmouth Bartlett York Kittery Point

Railroads Report Mixed First Week August Earnings

Denver and Rio Grande shows a gain of 20160 for the first week in August. The New York Lake Erie and Western posts a June 30 quarter with gross 6083650 and net 1949085, plus a 376712 net income above all charges.

Denver & Rio Grande New York, Lake Erie & Western Road Albany Harvey N. Shepard Boston Omaha & Yankton Road Omaha Yankton Long Island Boston & Albany Springfield Reading Boston & Albany Road Chatham New York, Chicago St. Louis Railroad Company Erie & State Line Railroad Company

Commodity Market Snapshot From Fine Trading Floor

A mixed market report notes strong demand for lumber and butter while grains vary with corn active and oats subdued. Readily available potatoes and beans show good demand, meats and fats stay firm or steady, and sugars and molasses hold steady as overall trade remains cautious.

Lumber Market Plays Steady As Demand Holds Across Regions

Eastern lumber receipts rise but keep pace with steady demand and prices. Northern and Western lumber see solid activity with old quotations stable. Hemlock boards, shingles, clapboards, and hardwoods show varied but steady prices. Boston weekly totals list pine, spruce, hemlock, and walnut volumes with price ranges for planed, rough, and clear stock.

Market Reports August 9 Flour and Grain Prices

In the flour market trade is moderate and steady with fair business in some cases. Corn market is excited with light offerings and some dealers seeking 65% for steamer yellow. Elevator high mixed sales at 55 14¢ and steamer yellow firm at 54% to 55%¢. Cornmeal very firm. oats dull. No 2 whites to ship 36%4¢. No 2 whites in elevators quiet at 65 34 80 14¢ and on track at 87 4 2. Calls show varied bids and asks. sales of oats occurred on May and year contracts. Inspections today totaled 76 cars across wheat and oats, with detailed car counts for each grade. Flour prices list wide ranges across fine to patent grades from Minnesota, Michigan, New York, and Canada scrips.

Boston Canada Indiana South American West India Bte Minnesota Michigan New York Rollers Canada Superior New York Canada Western Eastern

Wholesale meat and grain prices in 1880s market report

SAMUEL APPLETON, State Agent lists export prices for cornmeal and bran, oats, rye and malt, with buckwheat, hops and pork products. The column shows bid prices for No 1 New York oats, various grades of beef, pork, lambs, and mutton, plus millfeed, hay, and other commodities for spring and futures.

Firm Butter and Cheese Markets Across Regions

Butter remains firm with strong demand in Elgin New York Chicago and St Albans markets. Prices list Western and Eastern creamery butters, cheddars and general cheese values while eggs beans seeds and potatoes show varied steady to firm tones. Overall markets stay quiet but prices trend upward for select dairy goods and produce.

Elgin New York Eastern Creamery Western Creamery Chicago Elgin Pe St Albans Choice Western Liverpool Norfolk Vermont Ohio Choice Vermont Choice Choice Canada Nova Scotia Island New Brunswick West North Timothy Clover Red Top Jersey Lungarian East Swale Long Islands Bristol Ferry

Fruit Market Notes Steamer Wergeland Due With Bananas

The steamer Wergeland is due August 10 with bananas for Seaverns & Co. Two cars of peaches arrive Wednesday morning. Curtis & Co. and LB. P. Hudson & Co. have one car each. No peach train today. remaining lots selling near yesterday's prices. Watermelons abundant with prices from 10 to 20 cents for various grades. cantaloupes glut. prices low. Apples plentiful at low prices. pears and grapes in good supply with limited high-quality lots. Oranges and lemons priced per box. dried apples in light supply. berries in good supply with yesterday’s figures.

Wergeland Seaverns & Co Curtis & Co LB. P. Hudson & Co Baltimores Choice Nyack Ree Astrakans Clapp North Carolina Messina Palermo Romina

Local Produce Prices From The Market Report

The list shows onions from Egypt at 175 per case and Maltas at 3 per basket. It includes native items such as 6B P barrels and 1 per package boxes, with tomatoes, cabbages at 8a10 per 100, wax beans at 1 per bush, green 1 per bush, shell beans 175 per bush, native peas 1 60 per bush, Portlands 8 per barrel, green corn native 100 124ee per dozen, beets 40 cents per bush, turnips Long Island 1 75 per 4 barrels, native squash 1.00, marrow native 1 per barrel, Southern 75 cents per barrel, carrots 2 per 100, lettuce 1 per box, native cucumbers 50 cents per 100, parsnips 75 cents per dozen bunches.

Maltas

Market for meats steady with firm fresh beef demand

Pork and lard prices remain steady with quiet demand across cuts. Beef market shows firmness in fresh product while overall prices stay unchanged. Mutton lamb and veal remain dull and unchanged in the current market.

Cotton and commodities market overview with futures and prices

Liverpool cotton futures opened quiet and closed firm with varied values for August through February. Spot market showed dull receipts and sales, New York spot easy with listed grades, and futures in New York mixed. Sugar and molasses markets noted steady raw prices and refined levels with multiple grade quotes. Pipeline certificates reported activity, shipments, and refined oil figures.

Liverpool Gernere Orbans New York Jdan.e Navy Manila Belmont Orto Rico Cienfuegos Barbadoes

Watertown Union Livestock Market Prices Aug 9 1887

Boston Post report by George J. Fox lists prices for beef store cattle hogs and sheep at Watertown market for week ending Aug 9 1887. Includes bids for first second and third quality beef and prices for oxen cows calves yearlings lambs hides tallow and skins and notes on cattle and sheep classifications and western hogs.

Boston Post George J. Fox Brighton N. B Boston Albany

Trade Centre Reports Flour and Wheat Market Movements

New York reporting Aug 9 shows flour receipts 25 668 pkgs and 4052 bbls exports with weak sales. Wheat receipts 318 500 bush, exports 195 057 bush, spot sales 372 000 bush. No 2 Chicago 77-78 cents, No 2 red 79-84 cents delivered. corn higher but quiet. rye, oats, barley mixed. sugars and molasses at muted levels.

New York Minnesota Chicago Farley

Also Mentioned on This Page

President Powers Moody Merrill Tamarack Calumet & Lhecla The Chicago Tribune William Windom Jesse R. Grant 8. W. Dorsey Lake Superior Consolidated Iron Company Wisconsin Windom Bessemer Consolidated Iron Company Lake Superior Company Bessemer Treasury Fairchild Devonshire Street Atchison, Topeka & Santa Fe Northern Pacific Railroad Northern Pacific Railroad Company John B. Trevor Work, Strong & CO J.D. Probst & CO Ladenburgh Thalman & CO Mackintosh, Klous & CO Oregon & Transcontinental Co John D. Rockefeller Chas, L. Colby Richardson ,Hill&co Moore & Schley Drake, Mastin & CO Colgate Hoyt Harles Head & CO Foote & French Congress Street Commission Iron Mining Gogebic Investment CO Aurora Iron Mine Aurora Boston Stock Exchange B&q Ta CK & W Inc Lamson San Diego Ld FOS Eee Covishiei Ss At & Pac Oe Beos Iss NYS N Bs Dees Wis Cent PLC Owest HOV International Seconds Utah Southern Generals Iron Mountains Burlington, Cedar Rapids & Northern Firsts Lehigh & Wilkesbarre International Firsts Nt Pacific Generals Tennesseermingham Division Wilson W. Fay & Co State Street Ence Allougr Atlantic Bonanza Development Montana C. Unmet & Hecla Atalpa Seeeolt Tamarack Land Companies Aspinwall Jioston Brookline Seas Campobello Eye Ee Eta Maveric West Iend Ene Sone Ee Ee Atch Che . Ft. Scott & Gitls K. C., S.joad& C.blairs L. Rock & Ft. Smith Centraline N. KE Champlain L. Cham S & Ark Wis. Central Ae Railroad Companies Atch., Topeka Feayy Athantic & Oo Oe Boston & Albany Eae Boston & Lowell Boston & Maine Portan & Providence Bur Quincy California Southern Central of Mass Pref Com Sand Cleveland Cleve Canton Fitehbu Flint & Marq Flint & P Clint Spring, & Moup Maine Coorg N. E N.Y Wee Beeson L. Champinin Oki Falls & Con Rutland Tol Wee Vvere Summit Branch Anton Pachie Wis Bell Telephons New Eng Lamson Store Serv. Co Pullman Palace NEW York Financial Foreign Financial Markets Railroad Matters Chicago Markets Mass Trustees For the Oliver W. Peabody Kidder, Peabody & Co Chauncey M. Depew N. Y. Central R. R. Co Samuel Sloan, Esq Del Lacka, & Western R. R. Co French Abram French & Co Potter & Wilson Mass. Nat. Bank John Lowell General Managers England Samuel Appleton Exchange Place Lord Choice City Watertown Union Livestock Market N. Hampshire Massachusetts Pope Wee Western
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