Money Market Steady As Bond Offerings Grow
Boston money market holds near yesterday's quotes with clearing house balances at 2.24 percent and general time paper 4 to 6 percent. New York funds trade at 5 to 12 percent discount, while government securities firm around 106% to 107% for fours. Daily bond offerings total 650,000 with several issues priced between 128% and 129, and a few registered four per cent bonds at 125. Markets show dull midsummer tone as traders monitor Atlantic Pacific, Union Pacific, and other rail securities amid mixed results and shifting intraday levels.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
United States
National Bank
Connor
Atchison
Atlantic & Pacific
Messrs. J. & W. Seligman & Co
Union Pacific
Morgan
Senate
California Southern
Burlington & Quincy
Chicago, Burlington & Northern
Chicago, St. Paul & Kansas
Mexican Central
the Evening Journal
Airector
Chicago, Kansas
New York Railroad Commissioner
Lamson
London Cables
Franklin
National
Boston & Montana
Tamarack
Calumet & Heela
Kearsarge
Osceola
Central
W.S. Lawson & Co
Vanderbilts
Lackawanna
London
Pacife
Oregon
Northern Pacific Company
Auction Sales and New York Stock Prices Listing
The sale catalog lists stocks to be auctioned August 29 1888 including Union Market National Bank Salem Wakefield Rattan Atlantic Cotton Mills and many more. New York Stock Sales for August 22 show rails railroads and securities with opening high low and closing prices. includes Can Southern Erie Union Pacific Northern Pacific Chicago Burlington and others.
MENTIONED IN THIS ARTICLE
Union Market Nat
Brighton
New England Mort. Sec. Co
Natl. Exchange UK
Salem
Wakefield Rattan Co
McKay
Fast, Assoc
Atlantic Cotton Mills
St. Rr, Co
K. C
City of
Brockton
W. L
Maine
Lynn
Boston
Det
Bay City RR
Shares National Car Co
Do Mans
Nat. Bank
Moise
Manchester Mills
Everett Mills
Old Stock
Taunton Locomotive Co
Shires Atlantic Cotton Mills
Pacific Mills
Cheshire RR. Co
Day Cordage Co
American Insurance Co
Boston & Binger Steamship Co
Pacific Guano Co
Chi
Kansas & Western RR
Maine Cent
Chicago, Burlington & Northern RR
Kitchburg RR
Lowa & Lansing RR
New York
Blackstone Bank
Eeeereeeres
Manufacturers’ Bank
Maverick Bank
Peaeee Ptee State Bank
Massachusetts Bank
Lange Bank
Marinehead Bank
Waltham Bank
Andover Bank
Merchandise Bank
Boylston Bank
Chicago & West Michigan RR
Atchison, Topeka & Santa Fel
Manchester & Lawrence RR
Waakefield Rattan Co
Mckay i Et al
Plymouth Cordage Co
Franklin Mining Co
American Screw Co
American Waltham Watch Co
National Tube Works
Boston & Bangor Steamboat Co
Newton
Watertown
Malden and Melrose Gas Co
Id Tele
Central Mass
Market snapshot shows mixed farmer commodities and meats
Flour and several grains are steady or quiet with corn in limited demand and cornmeal steady. Butter, pork, and fresh beef are firm while other meats stay plentiful. Sugars steady to active, molasses steady, and farm outputs like hay and poultry show mixed demand.
Market quotes and rates from London session
United States 4s quoted at 181% with Atlantic and Great Western seconds at 8 and Mexican ordinary at 46% in London. Erie seconds 101Ve, St Paul common 74, New York Central 110, Pennsylvania 65, Reading 26, Mexican Central firsts 69. Open market discount on short three month bills at 2 7/8 percent.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Canadian Pacific
Erie
St. Paul
New York
New York Financial Market Mixed Amid Weakening After Noon
Money on call slid to 1 to 2 percent with 60 day bills near 4.844 percent and demand at 4.87 percent. Stocks opened lower, rallied then drifted, Norfolk & Western preferred led gains while many issues retreated, later recovering modestly. Bond activity remained dull though some issues advanced in late dealings, Reading 4s and others contributing notable moves.
MENTIONED IN THIS ARTICLE
New York
Ioan
Sterling Exchange
Norfolk & Western
Richmond & West Point
Oregon
Missouri Pacific
New York Central
Vanderbilt
Wheeling & Lake Erie
Northern Pacific
St. Paul
Gould
Norfolk & Western Preferred
East Tennessee
Preferred
Chesapeake & Ohio
Michigan Central
New York & Northern
Richmond & Alleghany Receipts
St. Louis, Kansas City & Northern Real Estate
Northwestern Extension
Morris & Essex
Rail Road Scheme Gains Fresh Lease Interest
A proposed Adamsdale to War n line shifts terms as Old Colony contemplates a seven percent rental on cost and a Dedham to Walpole link. Medfield officials favor Medfield to Dedham as the best feeder to bring Clinton and Fitchburg passengers into Boston, citing cost parity with current Boston and Albany arrangements.
MENTIONED IN THIS ARTICLE
Adamsdale
North Attleboro
Plainville
Wrentham
Warn
New York & New England Road
Old Colony Company
Dedham
Walpole
New Road
Old Colony Railroad
Medfield
South Framingham
Boston
Clinton
Fitchburg
Boston & Albany
Real estate transfers in Suffolk and surrounding areas
Suffolk County records list multiple property transfers and mortgag es across Columbus square Huntington avenue Union park Cortes street Chester square West Roxbury Dorchester Mt. Auburn cemetery and other local streets. Notable deals include George W. Nason to Sarah McGail mortgaged back for 2000 and Lucy A. Bailey to Anna R. Ives for 9000. Aug dates range Aug 5 to Aug 17.
MENTIONED IN THIS ARTICLE
Columbus Square
Edward J. Hammond
Amelia Folger
Huntington Avenue
Barthold Schlesinger
Alexander C. Hutchinson
Union Park
George W. Nason
Sarah McGail
Cortes Street
Ellen F. Sumner
Albert J. Bamford
Chester Square
William H.ene
William E. Duggan
Isaac Hatch
West Roxpury
Charles H. Homan
William A. Folsom
Withington Street
Edward J. LeGay
Edwin Frothingham
Cottage Street
Henry J. Bartlett
Lucy A. Bailey
Anna R. Ives
Norfolk Street
James Tucker
William A. Tucker
School Street
Boston
James W. McCrillis
Mary A. McCrillis
Parry Street
Patrick O'Connor
Revere
Benjamin H. Ticknor
James W.J. Parsons
Park and
Salem Streets
Mary L. Hildreth
Herbert B. Grifin
Washington Avenue
Mortgage transfers on Roxbury Dorchester and Brighton lands
A series of August mortgages recorded to multiple banks and lenders. Daniel Connor to Eliot Five Cents Savings Bank for property on Conant street Roxbury, 2300 dollars. Amelia Folger to Central Savings Bank for property on Columbus square, 7200 dollars. David Whitney to Provident Institution for Savings for Commonwealth avenue parcel, 200000 dollars. Other filings include Draper street Dorchester 2000 dollars, Piedmont street 4000 dollars, Sumner street East Boston 800 dollars, Cottage street Dorchester 1500 dollars, Chester square Ane 18000 dollars, Albion street Dorchester 1000 dollars, Olney street Dorchester 1500 dollars, Eastburn street Brighton 1800 dollars. Each record notes land and buildings in various Boston area neighborhoods and dates mid August.
MENTIONED IN THIS ARTICLE
Daniel Connor
Eliot Five Cents Savings Bank
Conant Street
Roxbury
Charles B. Darling
Homestead Cooperative Bank
Draper Street
Dorchester
Simeon Marcus
Reuben E. Demmon
Piedmont Street
Amelia Folger
Central Savings Bank
Columbus Square
Timothy Higgins
East Boston Savings Bank
Sumner Street
Boston
David Whitney
Provident Institution For Savings
Commonwealth Avenue
Henry J. Bartlett
Edwin Frothingham
Cottage Street
Isaac Hatch
Samuel E. Brackett
Chester Square
William B. Merrill
Luther W. Merrill
Albion Street
George E. Orrok
Es Lavender
Olney Street
John Brennan
Clarissa A. Collins
Eastburn Street
Brighton
Insolvencies Sweep Noted New England and D C Firms
John C. Williams & Co. dry goods dealers of Holyoke Mass have gone into insolvency. D Gosselin boots and shoes of River Point AL has made an assignment. James F Loftus instalment furniture dealer of Washington DC has assigned. Frank E Geer grist mill of Chester Mass will settle through insolvency.
MENTIONED IN THIS ARTICLE
John C. Williams & Co
Llolyoke
Mass
D. Gosselin
Boots and Shoes
River Point
James F. Loftus
Washington, D. C
Frank E. Geer
Chester
Railway Stockholders Meeting Ratifies Lease Deal
At Portland Missouri a special stockholders meeting of the Portland and Ogdensburg Railway ratified the lease to Maine Central. Over 30,000 shares, more than two thirds of the capital stock, were represented and voted in favor. Maine Central stockholders convene tomorrow to decide action, which would close the lease.
MENTIONED IN THIS ARTICLE
Concord Railroad
Fitchburg
Boston & Maine
Old Colony
West End Railway
Frenchman’s Bay
San
Sullivan Harbor Land
Sullivan
Railway Stockholders’ Meeting
Portland
Sprerau
Portland & Ogdensburg Railway
Maine Central
Coal Combine Formed In Kentucky And Virginia
A coal combine was formed near Louisville with about 3 million dollars in capital and 14 900 acres of coal land. Key properties include Jellico Mountain Coal and Coke, Jellico Mountain, East Tennessee, and Proctor Coal companies. Outside acreage totals 53 730 acres in Bell county near Pineville, plus 30 000 acres in Virginia and 23 780 in Bell county. Investors largely client of H Soneheim of Philadelphia.
MENTIONED IN THIS ARTICLE
Louisvituck
Kentucky
Virginia
Galt House
Bell County
H. 5
Soneheim
Philadelphia
Jellico Mountain Coal and Coke Company
Woodbridge
Jellico Mountain Coal Company
East Tennessee Coal Company
Proctor Coal Company
Jellico
Pineville
Salem Lead Company to Close Up
Salem stock holders meet and vote to sell the property and close the lead company. The Salem works were partially burned June 14 and not rebuilt due to slim profit. The committee’s report was accepted. The firm, organized in 1868, had conducted large business.
MENTIONED IN THIS ARTICLE
Salem Lead Company
Salem
Sprcrau
Pearline Soap Ad Warns Against Resin Stainwear
A vintage notice warns readers to avoid washing clothes with old fashioned resin soap Pearline, suggesting safer modern alternatives for stain removal and fabric care.
City horse market shows mixed week with brisk sales
In the worst month for horse sales, dealers report varied conditions. Walker's bazaar moved 125 head in two days with top roadsters reaching 400 dollars. Moses Colman & Son's sold well, with drivers at 400 and other stock around 200. Other houses posted broad ranges from 50 to 600 along with several notable prices for ponies, mares, and pace horses.
MENTIONED IN THIS ARTICLE
Walker’s Bazaar
Moses Colman & Son
Isburgh & Co
Russell
JH Brockway
Kansas City
Welsh & Hall
International Horse Exchange
Harris & Son
C H & E Snow
Chicago Markets Open Then Waver as Wheat Leads Decline
The Chicago markets opened with heavy selling in the wheat pit, then firming on active trading before weakening again amid local buying of September options. Cables showed weaker sentiment with better weather. corn and oats remained dull but steady, and pork futures rose on local demand. Official hog receipts and tomorrow’s car-lot estimates were provided, along with numerous quoted futures across wheat, corn, and oats, reflecting a cautious market tone.
MENTIONED IN THIS ARTICLE
Farnum, Reardon & Co
A. i
Gsiga
Nia
OaTts
Market Reports Show Mixed Grain Prices and Quiet Trade
Receipts and shipments across St Louis, Detroit, Toledo, Minneapolis, New York, and Chicago reveal a weak to unsettled tone. No 2 spring wheat and corn show steady or slightly lower bids, with oats and rye softening. spot prices list mixed wheat, steamer yellow corn, and various oat qualities, while demand remains limited and near-term activity dull.
MENTIONED IN THIS ARTICLE
St Louis
Milwaukee
Detroit
Toledo
Minneapolis
New York
Nos. c
Chicago
Lcar
Daimai
Grauam Flur
Ilieea
Canada
Bush
Boston markets flour and grain prices August twenty second
The column reports firm domestic flour and grain prices for carload lots, with spot market quotes across grades from fine to patents. It notes strong demand and small stocks, with New York and Chicago receipts and shipments detailed, including intercity price ranges and export activity in various flour types.
Market quotes for butter cheese eggs and produce in New York and Liverpool
Butter prices hold firm with Western creameries at 21c and some at 22c while Eastern and Vermont grades show mixed demand. Cheese and eggs move slowly with New York steady and Liverpool quoting cheese at 45s 6d. beans, grass seed, potatoes, poultry, and various hay markets show varied activity and steady to firmer prices in overall wholesale trading.
MENTIONED IN THIS ARTICLE
Vermont
Vermont Dairy
New York
Ohio
New Hampshire
Michigan
Nova Scotia
Issee
New Brunswick
Re Island
California
West
North
Redtop
Jersey
Bristol
Fruit market notes steady supply and varied prices
Air remains unchanged as trade stays quiet and markets remain well supplied. Native sweet boughs fetch 2 250, Astrachan 2 225, Williams 2 278, common to good 1 2, Gold sweet 2 25. Efficient cargo sold: Messina lemons 7 2c 390, Palermo lemons 50c 34 75, Catania lemons 60c 31 55 per box. Local market quiet with Palermo oranges at 6.
MENTIONED IN THIS ARTICLE
Williams
Crane+s and Lemons
Harris & Co
Messina
Paermo
Catania
Palermo
Also Mentioned on This Page
Ross
Amory D. Wainwright
Bell Telephone
Erving A. Evans & CO
State Street
Boston Stock Exchange
Allouoz
Icvee
Atholg
Atlantic
Bonanza Development
E . iv
Calumet & Hecla
Ya Catalpa,.s
Huron
E.eeeres Land Companies
Aspinwall
Aes Seereeeere
Boothbay
Froston
Eeaecseseversees
Boston Water Power
Boylston Street
Serseees
Brookline
Campobello
Cerereseeees
Payson
Penobscot
San Diego
Ceee
Topeka
Winthrop
Wollaston
At. & Pac
L. G
Kan. & W
W. Mich
Si. C
St. P
Tre. & Elk. H
Kk. C
N.Y
N. E
Jae Ee
Iene
Do P. D'O
Oregon S. L
Do Inc
Pueb, & A.V
Sonora
Atch
Atlantic É Pacific
Bog
Poston & Lowell
Boston & Providence
Cal. Southern
Sass
Col
Flint & P.M. Com
Cys
RK. C
Seeewe . A
Ch. & Stee
K.C
Mom
L. BR
Et Sic
St. le
N. Y
New Eng
Rutland
Summit Branch
Wy Eastman
Lamson Store Service Co
Pullman Palace
Williams & CO
Mining and Stock Exchange
Cen
Ho P
T. G
Gaec Ace Oe
U. Gs
Nod
C. Int
N. Pac
N. W
M. Dei
Larekhe
O& C
Tex. P. L.G
Tex. P. RE. G
U. Vac
Iw. Shore
Adams
U.5
Eee American
Wells Fargo
Amador
Plutus
Builion
Proustite
Col. Coal
Quicksilver
Con. C. & Va
Santiago
iSutter Creek
Tenn.c
Ontario
ATS& F
Bell Tel
Ee Erie
B& Mont
Cal & Hee
Jamarack
Godlo
Fu&pmp
Fls& Mem
NY & See
Sapotpaai
Gil
West End
At&s
Col So Inc
CBE
A&ne
South Kansas Inc
Lamson SS
O' Erie
Kan’ S Bay
Winthrop Land
Iy Ranklin
Egatsateo
A&p
Bé& M
C.by&n
Buchburg
M & Ishm
Creedeees
Wis
Ted
Bonanza
le Security Breece
South Side
Bruns. G
Catilpa
Crescent
Ov Winthrop
Wy Burton
Everett
Eureka
Hung
Pontiac
Ale
Fsa & Shares
First Nat. Bank
Asiatic N. Bank
Douglas Axe Mfg. Co
First Nat. Bk
Franklin Co
Lewiston
Flint Mills
Fall River
Do West Nd St
Lui
Nye
Air
Pacific
Air Line
Enee
Sac
Iowa
Central Pac
Che
Ay & Q
Ms L.& P
Lee
Evie
Fort Wayne
Howking Valley
Mt Va
Houst
Texas
Bi Central
Wises
Kings & Aes
L&w
Lake Shore
Man
Beach
Ae & St. Leeee
Biren
Lis M
Pares
Aie
Seeenee
Nash
Northwestern
Wnee
Ee Ener
Pean Gy
W. P
Rock Island
Cen . Oe
Lot
Rome
Sau Sul
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1. E
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Railroad News
Suffolk County
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Balder
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George H Harding