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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 15, 1889

Page

6

Money market steady with 3 percent at Clearing House

Boston money market firmer, banks comfortable, Clearing House rate steady at 3%. Time loans 4 to 6 percent, call loans 3% to 4%. Exchange totals and balances split between New York and local banks. various foreign exchange rates listed. Stock market dull, bonds and shares down with Atchison and Union Pacific movements and notable earnings reports.

Boston New York Treasury Chicago St. Louis San Francisco Telegraph Reichsmarks Foreign Exchange Atchison Strong The Herald Gulf, Colorado & Santa Fe Phinney and Morrison Union Pacific C. F. Frothingham Union Pacific Railroad Company Oregon Railway & Navigation Company Union Pacific Company Navigation Company Mexican Central Ccesc Iemecanlaionle

Boston Stock Exchange Market Summary Report

Leather and hides show activity gains while flour and grains vary with corn booming and oats quiet. Butter and eggs hold firm. cheese in fair demand. potatoes, oranges, lemons, and California fruits firm to steady. Pork, lard, and beef markets mixed with sugars lower and molasses quiet. Hogs steady. meats overall mixed amid active and dull sectors.

India California

Westinghouse declares 1 percent quarterly dividend

The regular quarterly dividend of 1 percent on Westinghouse Electric stock has been declared and is payable August 26. Transfer books will be closed from August 15 to 26 inclusive.

Thomson-Houston Thomson- Houston Common Fort Wayne Company Thomson- Houston International Trust Company Thomson-Houston Common Fort Wayne Westinghouse Electric

Financial market overview shows mixed bonds and steady stocks

New York trading opened with easy money and steady prime paper, while government and railroad bonds remained dull. Stocks held near opening levels then drifted downward before a late recovery, led by Rock Island, Erie, and railroad names with Delaware & Hudson and Lake Erie & Western showing gains.

New York Prime Mercantile Sterling Exchange Atchison Chesapeake & Ohios Northwestern Norfolk & Western Preferred Dlaware & Hudson Delaware & Hudson Rock Island Erie Lake Erie & Western Preferred Chesapeake, Ohio & Southwestern Mobile & Ohio Chattanooga St. Louis Arkansas & Texas St. Paul Houston & Texas Ohio, Indiana & Western Iowa Central Northern Pacific Terminals Quincy & Toledo

Foreign Financial Reports From London Markets

London August 14 Consols quoted at 983 16 for money 985 16 for the account Atlantic and Great Western firsts at 33 1 2 percent Atlantic and Great Western seconds 5 percent Canadian Pacific 63 1 4 Erie seconds 106 1 4 Illinois Central 119 3 4 Mexican ordinary 57 St Paul common 73 Pennsylvania 54 Reading 23 Mexican Central news 68 Money 2 1 2 percent Paris advices 3 percent rentes 85 francs 45 centimes for the account Bullion withdrawn from Bank of England today amounts to 50 000 pounds on balance.

Asred Ing. L. E St. Lewer Ft. W Ull Gale East Tenn Maine Central N.Y Erie Sane Liz Fort Wayne Old Colony Hocking Valley Houston Texas Rutland Care Sumit Kan Union Pacific Kings West End Wisconsin Central Lake Shore Long Island Bell Louis Nash Louis, & N Eses- Mich Eeer UN & St. Levee Plece Securities M. & Ohio Essex Cotton Oil Trust Cho Tga Eae Am Pneumatic Tool Co Ove Qu . J. Cent Burton Stock Car Co Dore Sewer Boston & Liverpo Phonograph Toy Mfg Sases Ee Malden Electric Co Or York Despatch Co N.E Brokers’ Board North Chi Ren National Lead Trust Pal Eee Jlighest Oregon Nav Thomson-Houston Oregon Bell Tel Oregon Trans Pittsby Evocovtee Cae Cans Nee Thomson Elec Westinghouse Elec Coca Vuly Hk W. P Wiunisimmet Co Rock Island Rome Erie Tel Ste Be Teleis Eee Lamson Store Anniston City Land St. Paul Seers Ee Vg Tai Boston Land Boston Water Power St P .& M Rees West End L Land St. P Cal. - Ocia Texas Bacille Ieee Santa A Be U. Pacific St. L. E P Louisiana & Mo Oregon Im Seat Seeeer Pacific Mail Ee W. Union American Oil Eeee Con C.K & Eres Con. C ‘Oul Chi. Gas ‘Vrust Cox Amer Oregon Short Line Ae Lead Trust Srcccseseee Sugar Trust Eae Evie Tel Mex Tel Ee Weee Bly Frenchman's Bay Cen Nav San Diego Ig A&r. G W Prans St. L. & Ji. M. Osceola Mining RG Y L. & S. Sunt& PO Ary & P Kan. P. Econs San. & Cleve T. G Baer Oda C Bo & Q Tex Rec R Tex. P. R. ST J Lsts Ir. Tex Ig. Pac W. Shore Eee Ener Alta Ophir Best Ot & Va TL Plymouth Cristo S. Nevida OL Am. Pneu. Tool Lock Coal Union Illinois Steel Eveeerve Hlomestake Mt. Bes East Land Mus. & M Utah Ontario Ward Con Boston Stock Exchange Allouez Atnold Atlantic Bonanza Devel’t B. & Mont Butte & Boston Cal Hecla Catalpa Oly Huron Ironton Aspinwall Hootnday Boston Fast Boston Bay Va Maverick Newport de Lamoine Payson Penobscot Sa Diego O i Sullivan Topeka Winthrop Vo Wollaston Atchison L. G Plains Pac Chi C. & W. Mich D.D Og Fre. & Elk H K. C Central Senna Sul S. P N. E P. D.O L. C. Con Pueb. & A.V Ea Wise Kansas Do Inc Sonora Ao Uo Do S. Bo Atlantic & Pacific Boston & Albany Boston & Lowell Boston & Maine Boston & Prov Southern Mass Newrees Panton Crees Gol. Sp. & Cin Seeeers Pet Bastar Fitehbuarg Fiint & P.M. Com Cccers K.C Ft. 8 Gulf K. G Sp. & Mem B.C London Atlantic & Great Western Canadian Pacific Ilinois Central St Paul New York Central Pennsylvania Reading Mexican Central News Paris Bank of England

Boston Wholesale Grocers Lunch at Young's Meeting

Boston wholesale grocers held their regular quarterly gathering at Young's last evening led by George C. Power with sixteen attendees. The event listed numerous late arrivals from diverse cities and hotels, reflecting a wide network of members and guests from across the Northeast and Midwest.

Young’s Boston George C. Power Parker’s S. W. Dorsey New Mexico O. E. Stanton Brooklyn J. H. Drummond Portland H. M. Wills U.S.N Thomas H. Stark and Family Louisville

Levy Appears at Point of Pines With Baldwin’s Cadet Band

The great cornet soloist Levy performs daily at Point of Pines this week with Baldwin's Cadet Band. Also staged is The Apaches or Life in the Wild West as an outdoor spectacle every afternoon and evening. Next week marks the sixth annual midsummer musical festival starting Sunday for eight days with many soloists and bands taking part.

Levy Point of Pines Baldwin

Fall River Market Quiet as Cloth Prices Hold

FALL RIVER Aug 14 The print cloth market remains very quiet with little activity in spots. Market nominal and futures steady at 3 3/4 cents for 64x64s.

Fall River

The Option Markets. Wheat, Corn and Provisions Rally

Weather disruptions at home and abroad push August wheat higher with light speculative volume. Corn strengthens on bad rains and crop damage in Kansas and Nebraska while oats stay steady. Provisions weaken as longs sell and bears push prices lower amid rising country arrivals. The report notes decreasing primary receipts and ongoing cash demand, with a table of evening highs and lows to close.

Chicago Farnum, Reardon & Co Boston St. Louis Duluth Kansas Nebraska Gilman, Cheney & Co England France South America

Leather trade steadies with firm prices across sectors

The leather market shows improved tone and steady to firm prices this week. Demand remains strong for hemlock sole leather and finished leather with limited stockpiling, while failures trigger only modest policy shifts. expect continued movement as factories run at capacity and exports stay robust.

City Horse Market Shows Dull Trade Across City Stables

A muted horse market across stores and stables with light sales and steady to falling prices. Buyers and shippers defer large purchases, with August slow but notes of potential revival next month. Prices ranged from about $37 to $380 per head across numerous houses, including Walker's bazaar Moses Colman & son and Isburgh & Co, while heavy draughts stayed weak.

Walker's Bazaar Moses Colman & Son Ea Bowler Isburgh & Co Uiet Welch & Hall C H&e Snow International Horse Exchange Ham & Go

The Boot and Shoe Trade Sees Healthy Demand Opening Week

The boot and shoe trade reports strong demand from West and South buyers with full factory operation. Re-orders are not as large as hoped though the season may improve. Buff and calf shoes sell well, sample spring goods appear soon, and price decisions are not expected to change much from last year at opening.

Hide Market Shows Firm Prices for Hides and Goats

Activity rises in domestic and foreign hides with firm pricing. Bark Hattie G McFarland brought 2000 dry hides and 35,000 ox and cow hides, 10000 sold on arrival, 27000 sold at 15 4c. Foreign arrival of 2290 Goree hides noted. Buff hides demand up. prices 5c to 6c, some at 5 6c. Short hides guaranteed. fanned goat skins firm. New England hides quiet. Southern green salted hides slow at 4 1/2c and dry at 8c.

Hattie G McFarland Montevideo Goree W CA New England

India Rubber Market Steady Amid Moderate Demand

The rubber market shows moderate demand with recent price declines. Arrivals are small and stocks not large, supporting a steady market. fine Para now quoted at 62c and course at 88 39C.

Flour and Grain Prices and Wheat Flour Market Tone

Domestic flour quotations cover wholesale and jobbing ranges with a dull market and lower prices. Carload inspections today include 25 cars No 2 red winter wheat and 53 total grain cars. flour receipts reach 2195 barrels and 11,030 sacks, with lighter demand and stocks described as very light.

Banking and grain prices mixed in New York and Chicago markets

Commodity receipts and shipments across New York Chicago St Louis and point to a cautious market. Wheat and corn advance on demand while oats and rye mix show firmer tones. No 2 red and white flour futures drift, with steady rye flour and firm cornmeal hints amid variable export sales and domestic demand.

New York City Minnesota Chicago St Louis Port Huron New Lake and Rail New Chicago Graham Michigan Canada

Also Mentioned on This Page

Rio Grande Western Railway Company Denver & Rio Grande Prescott & Arizona Central Railroad Expcdsos Uleiaane Owen Cincinnati, Sandusky & Cleveland Utah Northern West Michigan Detroit Lansing & Northern Kansas City Fort Scott & Memphis Clinton Springfield Louisiana & Missouri River Fitchburg Railroad New York Commissioners Frenchman’s Bay Mt. Desert Boston & Montana Osceola Tamarack Quincy New York Evening Post Aeal Santa Fe Copper Company Thomson-Houston Electric Messrs J. M. Graham Hk. ‘Jt. McDonald Fort Wayne Electric Miscellaneous Stock Exchange State Street Wilson W. Fay & Co Summit Branch RR Palsion Ee Ener Everett National Bank National Hide & Leather Bank National Webster Bank National Exchange Bank Continental National Bank National Bank of Commerce Newton National Bank Massachusetts Cotton Mills Lower Mig Great Falls Mans Ates Mfg. Co Manchester & Lawrenc Boston, Rhevere Head Fitchburg Champion Iron Co Northern Ianking Co McKay Heeling Machine Co Denison Land & Investment Co Charlestown Bath Cleveland É-E - Il Portsmouth Lovd Loston & Lowe Lurk Eve Tsyl Burl Lans .& Sag Mont Providence United Gas Sree Scrip Rae Cin St L. S. E. div Bann Hopkinton Republic Eevee Ban Senee Seer Ee Nat Eevere Bank Blackstone Bank of Commerce Massachusetts Nat. Bank Amory Mig. Co Ener Manchester Mill Nashua Mig. Co Ae Wo Ates Mig. Co Appieton Mfg Great Falty Lowell Mfg Pacific Mills Salmon Falls Mfg. Co Heston & Revere Douglas Ay Mans Union Dock Yards Loston Wharf Port Kayne Coal & Iron Co Cincinnati Rutland Ist Cove Bur. & Mo Sp. & Mein Alt. & T.H At. & Pacific B. & Air L U B., Koch Milliweee Pacific St. L Central Pacific Ches. & Ohio Alton Oreeree St. le Iowa del. & H del. & L Ben E. G NEW York Financial Ora Ae West & Melcher Potosi Savage Cal. & van Sierra Nevada Crown Point Oo Commonwealth Union Com Gowd & Curry Utah Eee Eye Yellow Jacket Halo & Norcross Wee Mexican William Blair Edith Waters Thomas B. Kennedy Chambersburg Penn L. B. Barker Stryker O. W. ‘Til-lingham H. Howard Hart B. H. Hall Mary Hall B. E. Collins Washington Dp. C. Williams D. Warner E. Jd. Harkness Robert Bartholomew Philadelphia Brunswick George F. Baker Mississippi J. B. Riley New Albany Ind Arthur Ryerson A. H. R. Baker Thorndike Rufus_ Shepley W.W. Conklin A. BR. Barnhart E. J. Humes Charles Brown L. J. Brewster Racine Wis G. Peyser Brattleboro Joseph Graf H. B. Muich Salt Lake City Revere Lady Knight L. W. Atwood E. H. Merrill Orono J. W. Vannest John L. Vannest Trenton N. J T. F. Mead York Neb Charles H. Henry Keene Lacon Charles Lewis Y. Quincy E. Danforth Albany G. G. Loyd C. Loyd Sioux Falls J. H. Jaggett E. 5. Paul, Lewiston, Me.; G. B. Lewis Grand Rapids Mich Andrews Belknap Bridgeport Conn Crawford John H. Colton M. F. Penfield Tenn Ing Aus Minneapolis Northern Exah Batcheller & Co Buenos Ayres City Horse Market John E. Welsh General Markets Northwestern Land Co Minn W. B. Clark Investment Co Minnexapol'is Summer St Prudential Loan and Trust CO Maceas City Kanu Suffolk Trust CO Trusstees Globe Building H. B. Quimby & CO Hicom 10 Globes hKuilding Washington Street the Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew Mortyaces John Jeffries & Sons Devonshire Street Canada Superior Canada Roller
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