Money Market Weathers Quiet Close in Boston Week
The Boston money market ends the week steady with banks lending 6 to 6.5 percent for regular customers and 6.5 to 7 percent for outside paper. Loans on call with collateral secured at 6 to 7 percent. New York funds unchanged. weekly clearings and balances show mixed results across major cities.
MENTIONED IN THIS ARTICLE
Boston
New York
Boston Post
United States
Philadelpia
Chicago
Ft. Louis
Ban Freisco
Bailtmore
Cincinnati
Pittsburg
Kansas City
New Orleans
Louisville
Milwaukee
Providence
Detroit
Minneapolis
Cleveland
Andianapoli
St. Joseph
Henet
Columbus
Hartford
New Flaven
Peoria
Portland
Springfield
Wichita
Galveston
Norfolk
Worcester
Lowell
Syracuse
N.Y
Philadelphia
Omaha
New Haven
Baltimore
Unauthorized stock issue warning for Atchison Topeka & Santa Fe
Stockholders are warned that a proposed 10,000,500 share issue is not authorized by the charter and may cause loss to subscribers. The current capital exceeds charter limits and no vote can validate the stock against dissenters. A suit will enjoin the issue. information available from Clarence H. Venner at 8 Congress St., Boston.
MENTIONED IN THIS ARTICLE
Atchison Company
Atchison
New York Financial: Market Closes Firm After Active Session
Money on call stayed around 4 percent while commercial paper remained nominal. Stocks opened dull but soon surged led by New England, with most issues advancing before closing near day’s highs. Bond activity remained dull, Jersey Central converts falling, total weekly bond sales about $3.47 million.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
The
Stock Exchange
New England
Colorado Coal
St. Paul
Canada Southern
Wheeling & Lake Erie
Buffalo & New York
Erie
Great Western Firsts
Mobile & Ohio First
Jersey Central Convertibles
Albany & Susquehanna Consols
New York Stock Sales Aug 13 Report
Today's trading summary shows 116,955 shares moved across the market. The report lists each sale with opening, high, low and closing prices for the day and compares to yesterday's closing. Data covers the Boston Stock Exchange and broker sales activity.
MENTIONED IN THIS ARTICLE
New York
San Francisco
Cal
Alta
Mono
Navajo
Best & Belcher
Bodie
Enee
Potosi
Vie
Savage
Crown Point
Sierra Nevada
Fi Gould & Curry
Union Con
Sale & Norcross
Utah
Yellow Jacket
Foreign Financial Markets Mixed in London Trading
London financial desks report quiet activity with mixed moves across American and Canadian issues. Erie firsts lead gains while Illinois Central and St Paul shares slip. Mexican and Canadian stocks show modest declines amid unsettled New York markets and firm discount rates.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Tlantic & Great Western
Canadian Pacific
Erie
Illinois Central
St. Paul
New York Central
Pennsylvania
Mexican Central
Canadian Northwest Land Company
Paris
Bank of England
America
Stock Exchange
New York
Louisville & Nashville
Wabash
St. Paul Common
Reading
Boot and Shoe Buyers in Town
A list of buyers and representatives from multiple cities including Akron Columbus Charleston Chicago Cincinnati St Paul Milwaukee Selma and Toledo. Notable names include SE Phinney Hargraves Alexander Phelps Dodge Kreissman H Schwartz Daum Bears Keiser Coburn Auerbach and Rodgers among others. The item catalogs agents and firms such as SE Phinney & Co Hargraves & Alexander Selz Schwab & Co Phelps Dodge Kellogg Johnson Co and Dewey Rodgers & Co.
MENTIONED IN THIS ARTICLE
Akron
Phinney
Phinney & Co
Austin
Tex
J Martin
Craw
Charlotte
Ala
W Berger
Berger & Co
Kansas City
S K Green
Montgomery
Charles Hannn
Milwaukee
Wis
Bears
Mansfield
F Keiser
St Paul
Minn
H A Coburn
Kellogg, Johnson & Co
Salt Lake City
Utah
F Auerbach
Auerbach & Bro
Selma
Hall
Toledo
Watterson's Impression of New York Editorial
The writer compares New York to major world cities noting its imitator culture and lack of unique idiosyncrasy. He contrasts manners morals and wit with Paris London Berlin and Brussels while praising Dixie's anti Anglomania stance and New York cross between Parisian and Londoner traits.
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Louisville Courier-Journal
New York
Stock Exchange
Paris
Vienna
London
Berlin
Brussels
Washington
Tonce
Delmonico’s
Dixie
Murray Hill
Mr. Pickwick
Rodolphe of
Gerolstein
Tweed
Newgate
General Grant
Bill Poole
Verplanck
Travers
Washington Irving
Lawrence Jerome
Cabinet
Pneumatic Tube to Europe: Col John H H Pierce Proposes
Colonel John H H Pierce of Plantsville Connecticut boasts a scheme to shoot passengers to Europe via a pneumatic tube. He envisions a wire outer with gum filling, iron lining, and steel supports, built from a vessel larger than the Great Eastern, with a dynamite-carriage style pod and wheels around it. He claims speeds of 1000 miles per hour and plans trial trips before anyone rides.
MENTIONED IN THIS ARTICLE
X.Y
Europe
Commodity market notes steady or quiet across goods
Metals, flour, corn, oats, rye flour, and other grains show steady to unchanged levels. Butter, cheese, eggs, and pork hold firm or steady while fresh beef remains firm. Beans, potatoes, hay, grass seeds, and berries show quiet demand or plentiful supplies. Sugar, molasses, and other starches also steady.
Market steady for pig iron and metals with pending Calumet fire impact
The market shows steady demand and stable prices for pig iron and iron products. Copper strengthens on Calumet & Hecla fire, with a planned 1000 ton cut. Imports of iron and steel in 1887 hit record levels, totaling about 68 million dollars in effective cost after freight and duties.
MENTIONED IN THIS ARTICLE
Calumet & Heela
Black Hills
Mmine
Ees
Bulletin
The
American Iron and Steel Association
United States
Srce
Great Britain
Continent
Baltimore
Gray Forge
Eglinton
Glengarnock
New England
London
Shipping rates and goods tariffs quoted for Manila to New York
The notice lists freight and berth charges in private terms for a Manila to New York voyage. Prices include sugar at 20 cents on birds and 15 cents on bags, flour at 10s per ton, provisions 20s, cheese 25 80s, oil cake 8s Yd 10s, tallow 15s, sugar 15s 11s 8d, beef per tierce 2s 6d 8s, pork per barrel 2s, and measurement goods per 40 cubic feet 12s 6d 15s, with steam and berth rates varying by item.
MENTIONED IN THIS ARTICLE
P. R
Boston
Manila
New York
Wheat Exports Hit Record July 1987 Movement
The wheat export surge in July 1987 leads breadstuffs at $15.736 million for the month, with seven months totaling $100.395 million. Wheat alone moved 13.548 million bushels valued at $11.978 million, up from last year, while wheat flour exports fell to 682,118 barrels valued at $2.888 million. The overall wheat and flour movement remains strong for the year.
Sugar Production in Europe 1887 88 and Earlier Years
M Licht of Magdeburg estimates beet sugar output across Europe for 1887 88 and the three prior crop years by country including Germany France Austria Hungary Belgium and Russia Total Europe beet sugar production reached 2 600 000 tons in the latest year with notable increases in several nations A separate table shows cane sugar production 1885 86 and 1886 87 from various colonies and regions Total sugar supply as of July 1 is projected to be lower than a year earlier even with Hamburg stocks added.
MENTIONED IN THIS ARTICLE
New York
Ing
Sterling Exchange
M. Licht
Magdeburg
Europe
Germany
France
Belgium
Porto
Peisidadi
Barbadoes
Jamaica
Peru
Egypt
Licht
North America
Asia
Australia
South America
Hamburg
Freight Market Notes From New York Aug 13
Rates show nominal grain and steam cargoes to Liverpool with 2d paid. Cotton seeks 9640. about 2000 bales moved to Liverpool via Boston. Light petroleum chartering at 23 for large vessels and 2s 6d 2s 9d for small. Demand mild for South America tonnage. no West Indian or Cuban demand. Several charters listed with crude oil, lumber, flour, and other cargos and routes.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Boston
South America
Condor
Brunswick
Macedo
Maceo
Longfellow
Blaye
Nova Scotia
Rotterdam
Fernandina
Aspinwall
Perth Amboy
Maceio
St. Johns
Huiacoa
Chicago Markets Opening Prices Reported
The Chicago markets opened with quotes for the day showing highest and lowest prices and the closing level, compared with the closing quotations of the same day last year. The note records Saturday's figures and their relation to the prior year.
Norfolk Boat Cargo Totals for Monday and Tuesday
The Norfolk boat arriving Monday carries 50 packages looupes 2500 packages grapes 50 barrels potatoes and 9500 watermelons. Tuesday's Norfolk boat lists 650 packages grapes 80 packages canteloupes and 1000 watermelons.
MENTIONED IN THIS ARTICLE
Norfolk
Market Reports August Flour and Grain Stability Amid Light Supplies
The flour market is steady with light retail stock and potential for stronger trade if wheat prices rise. Cornmeal oats and corn hold firm with light supplies and full prices. bids and offers show modest activity. Grain inspections totaled 75 cars with mixed outcomes. prices for flour and byproducts are listed across multiple grades and regions.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
New York
Canada Superior
Canada
Canada Western
Eastern
Market Roundup Shows Steady Butter and Firm Cheese Prices
Butter prices remain steady with Western creamery and New York quotes firm. Cheese markets hold at firm or higher levels in Chicago and New York, with notable gains in cheddars. Eggs and beans are steady with light trade, while potatoes and sweet potatoes stay firm. prices for various produce and dairy are listed as receivers' wholesale quotations.
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New York
Chicago
Liverpool
Vermont
Northern Choice
Ohio Choice
Northern Sage
Choice
Michigan
Nova Scotia
Island
New Brunswick
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OF the
Northern Pacific Railroad
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