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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 14, 1888

Page

6

Money Market News and Bond Activity Overview

The week opens quiet with no rate changes and ample loanable funds. Clearing house rate holds at 2 percent, general market time loans 3 to 5 percent, call loans 2 to 8 percent. mixed bank averages show increased loans but decreased deposits, with a substantial reserve surplus. Bond sales total 365,250 with varied prices, while foreign exchange and stock movements reflect modest declines and selective gains. extensive notes on rail and mining equities follow, including Mexican Central and Atchison movements and Boston Water Power land prospects.

New York Boston Secretary of the Treasury Ton Stock Exchange Bos Allouez Arnold Weaveeeer Bonanza Boston & Montana Calmet & Heck Franklin Huron Drouton KearSarwee Oseor National Osceola Eeneeere Pewnbic Eure Eenee Ly Quincy Ridge Yanlaruck Es Land Companies Boothbay Aagpinwall Oston Boston Water Power Poyision Street Prookiine Seers Maverick Weeree Newport Lamoine Payson San Dieio Sullivan Topeka West Kind Winthrop Wollaston Atchisonu LUST At. & Pac Doinec Eeeeres Do Inc Eevee Btm Tlk. H K.C M. Ja C K. C N.Y. AN Nor. Pac Lozl Cere Oregon Pueb, & A. V Rutland Reese Sonora St. Jo Loz Ceere Pasevecusen Atch Ceevvess Cal Southern Central Col. Sp. & Cin Det Eveeene Ft. S Seaveeeer Genee

Market Report on Agricultural Commodities and Staples

Iron unchanged copper quiet lead firm tin firmer zinc steady flour steady corn easier oats quiet cornmeal easier oatmeal quiet rye firm graham flour quiet milkfeed unchanged cottonseed meal steady malt dull hops quiet butter dull weak cheese quiet eggs fairly active beans quiet grass seeds steady potatoes easier hay moderate demand rye straw more plenty poultry steady apples fair demand oranges lemons unchanged watermelons dull California fruits active truck steady pork firm good demand corned beef unchanged fresh beef steady other fresh meats unchanged hogs steady raw sugars quiet refined sugars firm molasses steady tallow quiet.

California

The Chicago Markets Open Higher Then Fall On Increased Supply

Wheat rose briefly on higher cables but selling dominated as visible supply rose by 2 million bushels and seaboard clearances stayed light. Corn and oats weakened with large receipts and falling cash demand. Hog prices trended down with mixed packing and heavy shipping grades showing 59 to 50 dollars. Prices for August through December futures moved, with zinc, copper, iron, and other metals and materials quoted, including sharp adjustments in plate iron and tin.

Farnuin, Reardon & Co Seaboard Ae Cae SGI Ube Wgidee Bigte Jane Philadelphia Chicago Mora Ndt East Head New York Dean St Louis New York Metal Exchange Jaimen Lewis & Co Europe London Yerpool United Aid United

Boston Market Reports Grain Prices and Stocks Aug 13 1888

Boston market brief shows Wheat, Corn, Oats, Barley stocks by date August 4 to August 13 1888 with Chicago and Boston elevator stocks. It lists prices for flour and grain goods in current market, with New York Chicago St Louis Milwaukee and Toledo receipts and shipments, and quotes for No 2 red No 2 yellow oats and corn prices, plus notes on market tone and demand.

Wye Chicago Bush Ceee Ee Ose Votiavesss Euie Oath Burley Michigan Canada Superior Canada Roller Canada New York Minnesota St Louis Nilwaukee Milwaukee Detroit Jhicazo Minneapolis T Louis Toledo S* Louis

Dividend Declared by Union Stock Yards and Transit

The Union Stock Yards and Transit Company of Chicago declares a dividend of oy per share payable August 20 to stockholders of record August 14.

Union Stock Yards and Transit Company of Chicago

New Bond Circular Offers $750,000 in Municipal Bonds

New loans woe offer sale of desirable bonds with fuller details on request. Applicants may obtain a bond circular describing offerings of about $750,000 in chol es municipal bonds and full description of the securities.

Financial Market Quotes From London and New York

London and New York money rates show consols at 991 1-16 for money and 997 16 for the account. Atlantic and Great Western firsts yield 28 percent and Evie seconds at 101 1/4. Mexican ordinary at 75, St Paul common notes 28 1/4, Reading 2 6 5 8, Mexican Central firsts 6 9 4. Discount rate in the open market quoted at 2 percent for both short and three month bills.

London Atlantic & Great Western St. Paul

New York Financials Show Mixed Bond and Stock Movement

New York financial report notes easy money on call at 2, Sterling rates quiet, and government bonds dull. The stock market closes dull and steady with readings split. Northern Pacific gains amid sluggish overall activity. Railroad bonds remain fairly active as total daily trading reaches $1,974,000 with mixed movements in several issues including Conrail-like names and regional lines.

New York Prrime Mercantile Sterling Exchange Reading Tooking Valley Louisville New Albany Brooklyn New York & Northern New Albany & Chicago

New York Stock Sales and Boston Valuation Report

New York stock transactions for today total 160376 shares with opening, high, low and close prices. Boston assessors report a city valuation gain of about 17 million and nearly 5000 polling places, with real estate gains in Ward 11 Beck Bay and personal gains from migration to fashionable areas. Losses occur in Ward 6 Charlestown due to the Vowse estate split. Tax rate remains 1340 per thousand, with total valuation near an all time high and debt rising due to sewer, park, and schoolhouse expenditures. Valuation by ward follows.

Inc Atchison, Topeka & Santa Fe Company Chicago Railway Age Kansas Nebraska Superior Chicago & Northwestern Mexican Central Securities Boston State Street Mexican Central Mexican Central Road Tampico Division Aguascalientes San Louis Potosi Water Power Company New Back Bay Park Boylston Street Agassiz Bridge Uttire Boston Water Power Company Parker Street Boylston Parker and W. C. Park- Way Sso Falmouth West End Newport Frenchman’s Bay San Diego Franslin Demwen Portage Lake Frankslin Franklin Quincy A‘ranklin Beck Bay Charlestown Vowse Waitane Cain

The Metal Markets

The market for American pig iron remains largely steady with modest actual sales. Foreign pig iron is quiet with small lots common. Steel rails show little new movement though mills foresee later season activity, while copper jobbing stays quiet amid subdued trading at the New York exchange.

Purnace Irvon The Pittsburg Post

Also Mentioned on This Page

United States Bank Vous Eevee Bank de- Posilolich Bse Reece Et Ce Csceveeccessaesessee Guvor i Cs Eee Cece Nesses Frances Reichsmarks Atchison and Adhison Aivices San Francisco Tia Atlantic & Pacific Missouri Nausas Illinois Missouri Pacific Atchison Union Pacific Wisconsin Central Paso del Norte Chicago & Eastern West Michigan Louisville, Evansville & St. Louis New England Fitchburg Boston & Maine Boston & Albany Central Massachusetts Atlantic & Pacific Chicago, Kansas & Western Fort Scott & Memphis Oregon Imperia New York & Newngland Louisville & Evansville Chicago, Kanass & Western Lamson Park SL 41 Seares Ark Brookline Park Cies Avenue Commonwealth Avenue Missouri, Kansas and Texas Railway Co General Consolidated Mortgage United States Circuit Court Missouri Pacific Railway Company Missouri, Kansas and Texas Railway Company Edward B. Adams Winslow, Lanter & Co Nassau At William 1. Bull Edward Sweet & Co Broad St William Witte Wright Cylon Prast Broadway N. Y Alliam Mertens L. von Hollman & Co Wall Sty N.Y William E. Strong Work, Strong & Co Broad St. M Boston Stock Exchange Mant N. Bank First Nat. Bank Salem Nat. Exchange Bank West End St. Ry. Co Wortland, Saco & Ports Vt. d& Mass Toleto, Delphos & Burlington Cheshire Ri McKay Fast Asso New England Mort, Sece Co Plymouth Cordage Co American Screw Co Providence Corncord Copper Co MckKay Lasting M. Assn MeKes &Thompson Consol M. Asgo New Stock Nat. City Bank Town of Hyde Park State of Consol. Mort Boston & Maine Ro Boson Water Power Co Wakefield Rattan Co Albor St. Louis Cable & Western RR Maine N. H. Ga Sandusky & Cleveland Franklin Mining Co Douglas Axe Nat Tide and Leather Bank City of Cambridge Water Soan Rutisud Rak WN. Bank Andover N. Bank Ao Mase, N. KK Thorndike Mfg. Co Do Taunton Locomotive Co Do Lockwood Co Do Pacific Mills Continental Mills Cheshire RR Do Chi, Burl. & Co. RR Do Grand Ave. Ry. Co Kansas City Cent, Mass. RR Bao Chi Bur AED Bone & Sante Ve Trust Chi Western RR Rock Junction Little Rock & Ft Smith Ry Scrip Amn, Loab and ‘Trust Co Do Mass Verett Mills Aan Fane Ss No . BR Atlantic Cotton Mills Worcester, Nashua Rochester Lowell Mfg Lansing & No. RR Eldorado & W Paina’ Valley RR LOM Cen R. G F.ethic P. St. P St. B.C. & P. Erields Kan So. P. Oy P. L. Gee , Gly, Gli Tex R. Ge Pac Iil W. Shore Adams Biceiees Ste American Wells Fargo Amador Hale & Nop Bodis Ceees Buvlion Ontario Plutus Proustite S. King Sutter Creek Tenn. C Eureka Con Qld & Curry I Hock Brokers’ Board Fyorenoon Bell K & Wind Sarrent River Louis Tv & Stl So Kan Inc A. Erie Lamson SS West U Sullivan T Harbor Land West End Land Stee Cal & Tlee Eaene Kearaarge Ny&ne Cs Eeresesteers Union Pac Eee T& SF A&p DS . C Fts& M E& St Lainson Eeuereteore Poston Prw Cal & MCC Aeee B& Ald al & Pac Cal South Bisa Weeerat Aeeeree AODS Seaeeree Suimmit Eeeree AOD Lu. B St. Laveen Maing Central New Eng Old Colony Wis Lamsor Pullman Palace Car Mining and Stock Exchange Ces Hid Rap Allouez Rappa Arnold Aztec St. Mary Preece South Side Brune Crescent Catslipa Winthop Dunkin Everett Bueton iKureka Hung Lord Ac.ee iMass E. Meter. Minn Nara Poledo Pontiac Cates Amor St. L del. & H del. & L Den Erie Fort Wayn Ft. W Hockin Valley DL Central Lae Shore Lon Long Island Man Beach Pacific Lly Ohio Essex Pac. Fic. Aeee Northwvester Nm Pittsburg Eevee Rich, & al Tip A & W.W Flock Island Rome Texas Pacific V. Maelae Eo Eis B. Reese Pacific Mali Yullman Palacs Union Ois American Ou Ease Petroleum Ea Yeies S Chicago Markets St. Joe Baltimore Pennsylvania Eglinton Summerlee Gartsherrie Langloan Coltness Orway Tess Ge Straits Boston Markets Beatrice Neb Buffalo County N. W. Harris & CO. Bankerls Devonshire Street Monroe Street NEW York Financial Ageregate Boston’s Valuation Cameron Niet Ac & Ac Atco Roch. & P Central Pac Eree Chess
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