Money Market Mixed With Large Bond Issues In U S
The Boston money market shows no new features with the clearing house rate at 2.2% and general loans 4 to 5%. East Saginaw and Lexington loan awards total $100,000 at 5%, while New York exchanges rise, and government securities hold firm. Copper stocks gain on strong Lake Superior output. Franklin stock stands out for dividends. river mine developments push forward in Ontonagon region with increased underground work and water supply improvements.
MENTIONED IN THIS ARTICLE
Boston
East Saginaw, Mich
Maverick National Bank
City of
New York
Chicago
St. Louis
San Francisco
Sight
Telegraph
New Orleans
Commercial
Bank
Charleston
Savannah
United States
Treasury
National Bank
Oday
Secretary of the Treasury
Oreign Exchange
Eichsmarks
Bank of England
Bank of France
Iowa
Nebraska
Lowa
Des Moines
Omaha
Jebraska
Atchison
Atlantic & Pacific
California Southern
Wisconsin Central
Cleveland & Canton Preferred
Memphis & Birmingham
Oregon Short Line
Union Pacific
City of Chester
San Francisco Bay
Oregon Railway and Navigation Company
Oregon
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Stone
Holdredge
Burlington & Missouri Road
Calvert
Burlington & Missouri
Keokuk
Chicago, Burlington & Quincy Railway
Burlington
St. Louis & St. Paul
Wabash
St. Peters
Denver
Hannibal & St. Joseph
Burlington & Missouri River
New York & New England
Eastern
Old Colony
Fitchburg
Boston & Maine
Boston & Albany
Bell Telephone
Erie
New England
Lamson
West End
San Diego
Boston Land
Newport
Penobscot
Aspinwall
Frenchman’s Bay
London
Lake Superior
Boston & Montana
Franklin
Marmine
Cal
Hec
Tamarack
WinOyssseee
Os Central
Os Atlantic
Os Osceola
Atlantic
Central
Osceola
Quincy
Calumet & Hecla
Kearsarge
National
Rock House
Ontonagon
Dividends Declared by Railroads Including SAGADAVONS Line
The Boston and Albany Railroad declares a dividend of 2 per share. The Cincinnati SAGADAVONS St Louis & Chicago line declares a quarterly dividend of 1.34 percent payable Sept 16 to stockholders of record Sept 1.
MENTIONED IN THIS ARTICLE
Boston & Albany Railroad Company
Cincinnati, Sagadavons, St. Louis & Chicago Road
Proposals Sought for Oregon Improvement Company Stock
New York August 18 1888 sealed bids invited for up to 10000 shares of Preferred Stock at par with 7 percent accrued dividend. payments staged Oct 1 Dec 1 Feb 1 and Apr 1 1889. pro rata allotment if oversubscribed. delivery and certification details provided. bids due Sept 17 1888 with 5 percent deposit. Elijah Smith president.
MENTIONED IN THIS ARTICLE
New York
Oregon Improvement Company
Elijah Smith
Mills Building
New York City
Elijaw Smith
Meigs Railway opens subscription books Sept four
Meigs Elevated Railway announces subscription books will open at the office on September 4 at noon for the first issue of stock. Full particulars available at the office or by mail on request.
MENTIONED IN THIS ARTICLE
Meigs Elevated
Soley Gay and Dorr Bankers Address Mentioned
A fragment notes the firm Soley Gay and Dorr Bankers located at 68 Devonshire Street. The brief item presents a street address without additional context or events. No further details are provided in readable text.
Auction Sales of Stocks Slated for Aug 29 1888
Stocks listed for auction include Union Market Nat banks in Brighton New England Mortgage Sec Co Salem Natl Exchange Nat First Nat Salem Asiatic Nat Salem Douglas Axe Mfg First Nat Salem Everett Mills Franklin Co Lewiston Flist Mills Fall River Everett Mills old stock rights Wakefield Rattan Co McKay Metal Fast Assoc Atlantic Cotton Mills Met St RR Co Kansas City Mo McKay Metal Fast Assoc Maine Central RR Lynn Boston RR Det Bay City RR Marriott etc. The notice enumerates numerous railroad utilities mills banks and shipping lines with quantities and classifications. The sale is by order of trustees and includes bonds warrants and various corporate securities as of August 29 1888.
MENTIONED IN THIS ARTICLE
Union Market Nat. Bk
Brighton
New England Mort. Sec. Co
Natl. Exchange Vk
Salem
First Nat. Bank
Asiatic N. Bank
Douglas Axe Mfg. Co
First Nat. Bk
Everett Mills
Franklin Co
Lewiston
Flist Mills
Fall River
Old Stock
West End St. Ry. Co
Cheshire Ri
Herkshire RR
Vt. & Mass. RR
Wakefield Rattan Co
McKay
Fast
Asso
Atlantic Cotton Mills
St. RR. Co
K. C
Do McKkay
Maine
Lynn
Boston
Boston Stock Exchange
Os Allouez
Cee Evscvcesvvessees
Voc Atlantic
Eee
Ennee
Bonanza
B. & Mont
Asty Cal
Hee
Catalpa
Franklin
Huron
Ironton
Kearsarge
Ridge
Aspinwall
Lo Boothbay
Ceress
Seehewee
W. P
Boylston Street
Brookline
Seeree
Campobello Senee
Ats
French
Bay
Tvs
Maverick
Newport
Lamoine
Payson
Penobscot
San Diego
Sullivan
Topeka
Winthrop
Wollaston
Duc
Atchison
L. G
Seree -Ehov Ty C
Kan
C. & W. Mich
Con. Vt
St. P
D. D
Elk. H
K.C
Ose Eens
Dowd Mt
Do Inc
Scrip Va Ae W . Oe
N.Y
N. E
Nor
P. D.O
Oregon
L. C. Con
GO Inc
Wee Cere
Pueb, & A. V
Rutland
Cin
Eh Aero
Sonora
Union Pacifies
Bo G Byle Do Inc
LDV
Atch. Top, & S. F
Atlantic & Pacific
Boston & Alba
Boston & Lowe If
Boston & Maine
Boston & Providence
Cal
Central of
Masa
B. le Coron
Col. Sp. & Cin
Ana Amr
Fitchburg
Cervevens
Ig Flin & PV
Maine Central
New Eng
LMC
Mutland
Wall Street Quiet After Mixed Trading Day
Money on call easy at 14% to 2% with last loan 2%. Prime mercantile paper 4 22 6 2. Bar silver 91%. Sterling at 4 84 12 for 60 day bills 4 87 4 for demand. Government and rail bonds dull but steady. Stocks opened weak, coal shares led gains before fading. Lackawanna and Reading among strong names, market closes heavy with irregular changes. Railroad trades $851,000. notable bond moves include Chesapeake & Ohio Southwestern seconds to 72, Ohio & Mississippi consols to 117, Wabash receipts 42, Great Western first certificates 92. NY Central firsts down to 182 1/2, Richmond & Allegheny receipts 56.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Lackawanna
St. Paul
Union Pacific
Reading
Chesapeake & Ohio Southwestern
Ohio & Mississippi
Wabash General
Great Western
New York Central
Richmond & Alleghany
Foreign Financial Markets London Opens With Mixed Bonds and Stocks
The London market reports Consols at 995-16 for money and 99 for account, Evie 28 percent, Erie seconds 10144, Illinois Central 122 percent, Mexican ordinary 467s, St Paul common 7334, New York Central 11144, Pennsylvania 65 percent, Reading 26 percent. Money 1 1/4 percent. discount rates 2 5/8 percent for short bills and 2 percent for three months. Bar silver at 42d per ounce. Bank of England bullion on balance 315,000 pounds. bullion week gain 364,000. reserve to liability ratio rises to 43.47 percent from 39.80.
MENTIONED IN THIS ARTICLE
London
Evie
Erie
Ilinois Central
St. Paul Common
New York Central
Pennsylvania
Reading
Bank of England
Wheat Market Surges After Post Settlement
The New York Produce Exchange saw renewed excitement in the wheat market with heavy short covering and bullish cables. December led gains, closing near 101 1 4 cents, while September and October also rose. spot trading slowed. Corn rose modestly as traders absorbed news. Mr. Post returned to the floor after his affairs were settled.
MENTIONED IN THIS ARTICLE
New York
Spector
New York Produce Exchange
Stephen R. Post
Post
Insolvencies Bury Boston Firms Amid Liabilities
Business Troubles Daniel A Patch of 220 Devonshire Street and Charles P Loring a Boston paper novelties maker at 161 High Street have gone into insolvency. Liabilities total 1730 16 with no assets except a disputed account. Alien & Prichard grocers of Petersburg Virginia have assigned.
MENTIONED IN THIS ARTICLE
Daniel A. Patch
Devonshire Street
Boston
Charles P. Loring
High Street
Alien & Prichard, Grocers
Petersburg
Will of R. S. Spofford Filed in Salem Probate
The will of Hon. R. S. Spofford, anticipated to total about 75 000 dollars, was filed in Salem with Harriet Prescott Spofford named executrix. The document leaves Amesbury land and Deer Island property to his widow, plus various specific legacies to relatives, friends, and associates, and outlines sharing of his father’s estate and railroad stock among family members.
MENTIONED IN THIS ARTICLE
Massachusetts
Deer Island
Amesbury
William C. Johnson
Concor Railroad Company
Northern Railroad Company
Frances H. Spofford
Georgiana Hall
Harriet
Frances Haswell Spofford
Fair Street
Newburyport
Otis Livingston Prescott
Southern Pacific Railway
Edith Prescott Robinson
Greenleaf Street
Katherine Montague Moseley
Fishermen’s Island Association of Maine
Edward Augustus Moseley
Thomas W. Pierce, Jr
Topsfield
Marion W. Pierce
Albert C. Titcomb
Grave Island
Charles Levi Woodbury
John H. Plage
New York
Robert Burns
J. B. Kinsman
William Wirt
Richard Spofford Russell
William A. Russell
Michael Hosman
Oakland Street
Thomas W. Pierce
Livingston Prescott
Arthur St. Clair Richardson
F. A. Howe
M.D
Charles Babbidge
Fanny Mills Hall
Katherine Prescott Moseley
Samuel A. Wheelwright
Acoma
Washington Territory
George J. L. Colby
Parker House
Boston
Commercial market roundup shows mixed demand across commodities
Wool and leather are in good demand while hides remain firm. Flour and butter hold firm or active, pork is in strong demand, and refined sugars are rising while fresh meats stay plentiful but dull. Several staples including corn, oats, beans, and molasses show steady or quiet movement with several items unchanged or easing.
Chicago Markets Open Strong as Wheat Leads Advance
Wheat opened active and firm, closing 2.5 cents higher as foreigners and locals dominated trading. Cables and foreign markets mirrored strength while corn and oats remained firm but quieter. hogs rose on short covering though pork showed little activity. Official hog receipts were 10,673 yesterday with 15,000 expected today.
MENTIONED IN THIS ARTICLE
Farnum, Reardon & Co
Leather and Hides Market Summary Shows Firm Prices
The leather market remains firm with higher prices for some items. Demand is cautious with small immediate purchases. stocks are reduced. Rough leather and calfskins improve, while finished leather and wax leather show stronger demand. Hides show quiet foreign demand but steady domestic sales, with varying quotes across hemlock, buffalo, Kip, and West lines.
MENTIONED IN THIS ARTICLE
Rio Grande
Brighton
New
England
New England
West
Buenos Ayres
Montevideo
Entre Rios
Corrientes
Cordova
Entre Rio
Wool market steady with firm prices this week
The wool market remains excited though sales exceed 6 million pounds this week. Prices stay firm on desirable wools as manufacturers expect no decline and continue buying before prices advance further.
Wool market mixed as Territory wools firm and demand steady
The wool market shows firm demand for Territory wools and long staple Montana prices at 56c while good wools at 53c are available. California and Georgia wools show better movement, with Michigan and Ohio fleeces holding steady to firmer prices. unwashed and combing segments remain active amid varied regional trends. The Agriculture Department summarizes U S production from 1870 to 1887, noting sheep numbers rising and wool output increasing sharply due to breeding improvements.
MENTIONED IN THIS ARTICLE
Montana
Texas
California
Oregon
Georgia
Ohio
Pennsylvania
Michigan
Wisconsin
New York
New Hampshire
Vermont
Kentucky
Indiana
Missouri
Joan Delaine Wools
Territory
Montan
Wyoming
Utah
Colorado
Kansas
Nebraska
Pennsylvaia
Maine
Washington Territory
Montevideo
Aleppo
East India
Candahar
Department of Agriculture
United States
Bureau of Statistics
Treasury Department
Boston grain markets report and flour price trends
Boston markets report domestic flour quotations and wheat and corn prices across major hubs. It notes firm tone, active sales, and higher prices in New York Chicago St Louis Milwaukee and Detroit with spot and contract levels for various flour types and grain grades including rye exclusions.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Canada Superior
Canada Roller
Canada Extra
New York
City Mills
Chicago
St Louis
Milwaukee
Detroit
Toledo
Minneapolis
Also Mentioned on This Page
Mexican Central
Consolidated Vermont
Memphis & Birmingme
Current River
Oregon Improvement CO
Williams & CO
Meigs
Soley, Gay & Dorr
Mining and Stock Exchange
Los. Relting Co
City Bk
American Waltham Watch Co
Marblehead Nat. Bk
McKay Ra
H. M. Asso
Martha’s Vineyard N. Bank
Ead
National Car Co
Manf
Nat. Bank
Mase
Manchester Mills
Taunton Locomotive Co
Pacific Mills
Cheshire RR. Co
Day Cordage Co
American Insurance Co
Oston & Binger Steamship Co
de Pacific Guano Co
Kansas & Western RR
Maine Cent
Burlington & Northern
Fitchburg RR
Lowa & Lansing
Concord RR. Co
Flint & Pere Marquette RR
Sorcmena & Passumpsic Rivers RR
Connecticut River RR. Co
Simonds Rolling Mch. Co
Boson & Lowell RR
Chicago, Santa Fe
American Bell Telephone
Current River RR
Chicago & West Michigan
Kansas City, Clinton & Springfeld RR
Union Pacific Ry. Co
New York & New England RR. Co
Brokers’ Board
A&p Inc
NY & N
Am Bell
Erie Tél
Seersere
Sears
Ba& Aerenee Eeeee 202 B&m * “* 214 A,t&sf
B&n
Orn
Oehburg Pref
M & Birm
Ny&ne
Bebbecces
M. c
Frenchman' S Bay
Penobscot Bay
Eee KL
A, T&si
C.b&n
CB A& Q
Conn & Pass
F& PI Sa
Seeane
Eeewe
Ales
Summit Branch
Csccesses
Wis
Bell
Issees
Sneer
Fastman Car Heater Co
Lamson Store Service Co
Pullman Palace Car
Sked
Allouez
Rapp
Arnold
Actec
St. Mary
Securit Breece
Southsie
Bruns. G
Sutro
Pontiac
Ing Alt, &T
Dveie Sna
Oye
AL & Pe
Jialeh
Air Line
Roch. & P
Can
Beeman Cowee
Central Iowa
Central Pac
Ches
Chi
Cleve
Col
del. & H
del. & Ly
Den
R.G
Fort. Wayne
Ft. W
Hocking Valle
Eree
Houst
Tex
Kings
Lake Shore
Long Island
Eeee Lou
Lou
N.A
Man
Beach
Aol
St. i
Pactic
Essex
Packie
Vref
Northwestern
Gees
Aes
Ni E
Ohio Miss
Rock Island
Ing. Pie
Rome
S. Ore
P.M. &M. Sae
Ae O
Anys Tol & O. U
Pacific
Utica & B
Iva
Pivastes
Oregon Sm
Anne
Pacific Mail
Pullman Palace
Union
Rk. Gee
M. D
R. G
RG. St. L
Wasts P
C. Erie
K. && Silver
Coeee
F- Br
Sid C
TOC
Shore
Amador
Plutus
Proustite
I Col. Coal
Quicksilver
Con
C.& My
el Cristo
Santiago
King
Hale & Nor
Tenn.c
Belle Isle
Ontario
NEW York Financial
Mr. Post
Spofford
Chicago Markets