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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 12, 1889

Page

6

Bonds Closing Aug 10 Aug 9 Market Tad Mixed Prices

Bond listings show mixed closes for August 9 and 10 with various issues including Canadian, Erie, Illinois, and Texas securities. Prices range around 103 to 125 with several notes at 114 to 116. Market summaries indicate typical fluctuations for government and corporate issues across multiple issuers and maturities.

Can. Pe Cen. P. Ists Lidly D.cr. G Wstbac Erie Kan, P N. W

Money Market Report Buoyant Yet Steady in Boston

Boston closes a steady week with unchanged discount rates from 3 to 6 percent on call and time loans. Mercantile paper discounts rise to 5 to 6 percent. New York funds show minor discounts. Clearing House totals reach 12.3 million dollars for the day and 77.1 million for the week. Bond and stock markets remain mixed with Atchison gains and caution in Boston shares.

Railroad Stocks and Beech Creek Purchase Headlines

A stockholders meeting in Springfield Ohio is called for Aug 30 to approve increasing common stock to 5.5 million and a new 2.8 million mortgage at 4 percent. In Bellefonte, Vanderbilt buys Beech Creek railroad stock for 40 and 20 dollars a share, with major cash and bond transfers. Kansas City reports Rock Island chief defends service goals against Alton critique, citing fair treatment and rates. Curiaco notes grain rate rises due to a river crib blocking passage in the Washington street tunnel.

Kansas City Atchison Trans- Missouri Trans-Missouri Association Goddard The Gentlemen’s Association Alton Santa Fe Rock Island Milwaukee & St. Paul Burlington Missouri River Chicago Wall Street News Atchison, Toneka & Santa Fe California Southern Southern California Railway Company Atchison, Topeka & Santa Fe Chicago, Burlington & Quincy Iowa Railroad Iowa Union Pacific New York Boston & Albany New York Railroad Commissioners Ohio Southern Stockholders Springfield Sully Navy Treasury Bellefonte Penn Ang Beech Creek Vanderbilt William Hi. Vanderbilt Pennsylvania Railroad Vanderbilts Beech Creek Coal Company E. St. John Rock Island System Topeka Interstate Commission Curiaco Washington Street Buffalo

6 percent bonds with stock bonus offered by Winner Investment

The Winner Investment Company offers 6 percent bonds with a 50 percent stock bonus in an apparently safe investment. Capital is listed at 500,000 with a surplus of 715,938.45. The offer promotes guaranteed interest and an unusual opportunity for investors seeking steady income.

Winner Investment Company

Oregon Improvement Company Declares 3 Percent Dividend

The Oregon Improvement Company declared a 3 percent dividend on its preferred stock payable September 3 to stockholders of record on August 20. Transfer books close August 20 and reopen September 3.

Oregon Improvement Company

New York Financial Market Report Aug 10

Money on call easy with all loans at 8 percent closing offered. Prime mercantile paper steady at 4 6 percent. Bar silver 92 44. Sterling at 4.8442 for sixty days and 4.8744 for demand. posted 4.85 to 4.88. Government and railroad bonds dull and steady. Stock market dull but firm. Sugar Trust and Wabash preferred advance early, Oregon Navigation up 2 percent later, rest flat. Sugar Trust fell after pool action. C C and St. Louis and Chesapeake & Ohio quiet. Bond sales week $7,181,000.

Reichsmarks Florina New York Atchison Boston Chicago Bears Prime Mercantile Sterling Exchange Sugar Trust Wabash Oregon Navigation Burlington Northern Pacific Preferred St. Paul St. Louis Chesapeake & Ohio

London and Berlin Financial Roundup August 10

Foreign financial reports list Consols at 981 16 for one and 983 16 for account. Atlantic and Western seconds at 5 percent. Canadian Pacific 6144. Erie 27 . Erie seconds 105 . Illinois Central 12142. St Paul common 74. New York Central 1094. Money 2.2 percent. Bank of England bullion today £19000. Berlin: Imperial Bank of Germany reports an 8,420,000 mark decline in specie.

Boston Stock Exchange Gales Allonez Atholu Atlantic Bonanza B. & Mont Enene Butte & Boston Cal Hecla Seer Crescentssee Aeeer Sene Central VC Dunkin Franklin Dee Hy Huron Essere Ener Ag Osceola Santa Te Pamarack Swine Land Companies AspinWall Uoothvay Boston Boston W. P Hoylston Street Brookline Campovello East Boston Bay Mavenick AP Phan Newport Paysol Penobscot Diego Sullivan Wollaston Atchison Istes At. & Pac Renee Ennee Kan, & W C. & W. Mich. Fis Con D.D Wis. Dig Elk H K. C Ersee Ou. Sted OU. B LR. & Kt Central Do Con. Inc NOLES LBB Eee Bevis S. P N.Y N. E Senor P. D.Q Authind Gs Vt Do Southern Kansas Jo & G Union Pacille Atch., Top. &S. F Atlantic & Pacific Boston & Aldany Boston & Lowell Poston Aine Poston & Prov Central of Mass NOR Scabaneks Col Sp. & Cie Reese Neseve Fitchburg Eevers Gvruint & v Maine Central Old Colony Rutland Union Pacific West End Wisconsin Central Bell Erie London Oney Atlantic & Real Western Canadian Pacific Ilinois Central St Paul Common New York Central Bank of England Berlin Imerial Bank of Germany

Commercial Market Summary of Prices and Demand

Iron is strong and steel rails quiet while lead remains firm. Flour and cornmeal hold steady and oats slow. Rye dull and millfeed very dull. Butter and eggs improve, cheese unchanged, poultry not very active. Potatoes firm, pork firm, lard in fair demand, hogs steady, fresh beef firm, mutton and lambs quiet, tallow easy, sugars lower and molasses quiet. California fruits active and other fruits steady as listed.

California Europe Chicago Buffalo Deacon White Armour & Co Gilman, Cheney & Co Boston Bears Longs Seaboard

Print Cloth Market Report from Fall River and Providence

Fall River market shows production and deliveries at 180000 pieces with a stock of 7000 and sales of 238600 at 3% sc for 64x64s and 60x56s, market firm. Providence closes slightly lower at 3% sc for 64 squares spots and futures from Oct to Jan, with 160000 pieces 64s and 8000 pieces 56x60s in stock.

Fall River Providence

August crop report shows corn and oats near recent highs

The August report from the Department of Agriculture indicates corn at 94.8 and oats at 92.3 condition, with broad gains across the farm belt due to favorable weather and rainfall. Spring wheat declines, rye and barley fall slightly, potatoes stay high, and tobacco weakens in Atlantic states and Indiana amid excessive rains and weeds. Strong state figures include Illinois 90, Iowa 100, Missouri 96, Texas 99, Wisconsin 90, Minnesota 93, Nebraska 91, and Pennsylvania 99 with Maryland 66, Virginia 80, Kentucky 81, Ohio 93, Indiana 56, and Wisconsin 93.

Washington Department of Agriculture Atlantic Ohio Michigan Indiana Northwest Illinois Iowa Missouri Kansas Nebraska Texas Tennessee Kentucky Minnesota Dakota Wisconsin Atlantic States Pennsyyvania Maryland Virginia

Weather Crop Bulletin Reports Mixed New England Week

The weather bulletin for the week ending Aug 10 notes lingering crop damage from prior drought, with improvements in the south and late harvests advancing. Northern areas face wet fields and overripe grain, while corn grows well and oats rust lightly. Potatoes rot in many areas, western Connecticut faces possible total crop failure, cranberries brighten, and tobacco remains in good condition.

New England Meteorological Society Coopera United States Signal Service Maine New England Connecticut

Boston as a Fruit Market Advantage Highlighted

Snow and Coin extol Boston as the premier US fruit market noting its large local and New England trade, stronger than Philadelphia and rivaling New York at times. It credits a vast manufacturing base, western shipments via lighter charges, and unrivaled rail and terminal facilities, especially Pennsylvania railroad hubs, for faster despatch and reduced delays.

Boston New England New York Pennsylvania Railroad United States Sicily Spain

The Option Markets In Chicago Trade Note

The option markets report a small weekly increase in visible supply. Exporters are buying in New York and cables show steady conditions with only a minor price decline observed.

Chicago Farnum, Reardon & Co Boston New York

The Metal Trade Strong in Pig Iron Markets

Prices for Pennsylvania makes hold firm and demand for prompt delivery remains good though new orders are quiet. Makers expect higher prices this fall while crude iron producers push for advances. Domestic iron remains strong with little foreign competition and bat iron sells at high levels.

Pennsylvania Ohio Pennnsylvania South Gray

Also Mentioned on This Page

Aus O. Nav Irvans Losys St. L St.l. Wu S F. G.m St. P. Cons St. PF Ps Aste. Fioscetae Tex BP. L. G U. Pac W. Shore New York Clearing House San Francisco Telegraph New Orleans Bank Charleston Savannah Coston Post Canada Philadelphia Pittebure I. T Cincinnati Ahansas Ulsville Milwaukee Minneapolis Eens Saha Ate Doteoie Esas Leb Ponvel S Cleveland Columbus Hartford Emphis Nilinnapolis Bt. Joseph Portland Fort Worth Lewthaven Worcester Galveston Norfolk Wichita Grand Rapids Conaesis Ageles Jes Moines Birmingham Can Eas Onde N.Y. Bas Ars Td New York City Beacon Strong Atevigon Atchison, Topeka & Santa Fe Railway Company Chicago, Santa Fe & California Railroad Company Vashon Mexican Central Chicago, Kansas & Western San Diego San Diego Union J. D. Spreckels Pacific Coast Spreckels Bros Buody, McLellan & Co Interstate Commissioners Interstate Association Rock Island Road Oregon Transcontinental Northern Pacific Oregon Transcontinental Company Northern Pacifics Spokane Oewe Oeemerin Ing Alt Teevee Pacific Air IL Bb ' Roth Erry Ilia Chi Alton Orresen Del H. Soos Drie & Ly Ae & K.G Uwe Ft. W Fort Wayne Hocking Valley Onston I Central Kan Riggs & Rem Lake Shore Long Island Louis. & Saets Louis Man Evans Ener Man Mieh Essex Nash Chat J. Cent Bit Pos Nor. Pac N. & BO. Lhe St. L West Oregon Oregon Trans Berne W.P Perenne Nock Island Rome Sass St P. Mo & M Besdace Sc Oregon Sm Pacific Mail Pullman Pal W. Union Tenn. C. & I S. Nevada Union S.&m Lovu Ward Con Railroad Matters Northern Pacific Returns the Commercial and Financial Chronicle St. P Cemar d'Alene Ry. & N St. Paul & Omatu St. Pent & Manitoba Northwest Mic Niomat Co Tacoma d’Oreille Cece Scorveerses Vsavuvets Clk Central Syndicate Seventh Street Securiy Nationa Bank Alsas William Hi Parmenter Eneral Agen N.E Hell Anniston City Land Lue Erere Ob Bee Wollaston Land B.& M. Mining Cal. & OU Franklin Mining Eae Um National Osevola Mining Oeveene Tamarack Mining Pac Serene Boh Asvaees Bo & Mies B.A Nees B. & Qaees Summit Rae Wis Nash, & Roch Foote & French Bannekers Uale Or. K’y & Nav. Co St. Jos. & Gr M’ge Oregon Short Line Congress Street Ids Miscellaneous Stock Exchange Sles Fastman Lamson Store Ser. Co Pullman Palace Car Co Cotton Oil Trust Aim Pat Oe T. Burton Stock Car Co New York Despatch Co North Chi National Lead ‘Trust Yul Sugar Refineries Co Thomson-Houston Elec Thomson Elec Westinghouse Elec Winnisiinmet Co Wilson W. Fay & Co State Street Robinson-Foster Flec McKay Heeling Edison i Hon Winter Harbor Land Morley Button Fort Wayne Coal & Iron Co Summit Branch RR Maverick Land Gray’s Dynamo Electric North Belle Isle Gould & Curry Commonwealth NEW York Financial J. E. Carter & Co., Barkers & Commission Brokers Washington ST Farmes the Crop Reports Weather Crop Bulletin Finan Otae Nat'l Bank Ber Thei Red River Valley Ben Pakola Securities National Hanks Atpex Morpgage Bank & Investment Company Fargo. Dak the Eastern Banking Milk Street Francis A. Osborn T. Merrihews Ook Duluth St Louis
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