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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 25, 1887

Page

6

Money Market Steady as Banks Discount Time Paper

The Boston money market ends the day quiet with rates steady from yesterday. Loans on call with collateral run 6 to 7 percent, manufacturing paper unchanged at 5 to 5.5 percent, banks discounting time paper at 6 percent, outside paper 6 1/4 to 7 percent. Clearing house balances hold at 6 percent. New York funds show heavy discounting. Gold imports, government bond offerings, and stock market activity are noted with various rates and large sums exchanged.

Boston New York Bank of France Paris Frances Reichsmerks Reichsmarks Immerman & Forshay Trave Europe Aller Arizona Fider Hisirissee la Bretagne Rene Lo—Trave Fulda

New York Stock Sales Aug 24 Summary

New York stock sales report shows today’s transactions total 240 426 shares. The list includes numerous first certificates and trust receipts across lines from Detroit to Memphis and beyond with prices noted as opening, high, low and close.

Detroit Bay City & Alpena Indiana, Bloomington & Western Memphis New York

Unauthorized stock issue warned by Atchison Topeka Santa Fe

Stockholders are warned that the proposed 10,000,600 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 new stock against dissenting holders. Suit will enjoin the issue. inquiries directed to C. H. Venner & Co., 8 Congress St., Boston.

Atchison Company Atchison C. H. Venner & CO Congress St Boston

Financial Market Summary London August 24

Consols quoted at 1017-16 for money and 1017 for the account. United States Bonds 110 1/2, Canadian Pacific 87 1/2, Erie securities 102 1/4, Mexican ordinary 51, St. Paul common 0, New York Central 111 1/2, Pennsylvania 57. Open market discount rate for short and three months bills 2 1/4 percent.

London United States Erie St. Paul New York Central Pennsylvania

Boot and Shoe Buyers in Town

A dense list of buyers and reps for boots and shoes across multiple U S cities and town names. The entry catalogs names such as Hertzfield Augusta Hall Gonley Dill Mulherin Force Adler Rosenthal Schwab Sloat Laws Cowan McLaughlin Selig Lancashire Marley J Wick Wood Granman Cannon Long Michelson Rodgers Easley and others, indicating a regional trade network.

Alexandria City Ala Hertzfield Augusta J D Hall Craw A J Gonley J P Dill JP Dill Shoe Company W Mulherin Mulherin, Rice & Co Atlanta Anderson RS Hill Hill, Adams & Co C F Jones F Jones & Co Baltimore C Adler Frank & Adler J Preiss Bastrop S Wells Tre Chester Gregg Gregg & Means Chicago Marks W Sloat Wallace & Sloat Crow Cincinnati H Laws HA Laws & Co T Cowan Cowan & McGrath Clarksville Tenn Stratton Columbus Miss Ikrreen Kittanning Penn J Wick, Jr J Wick & Son Louisville George F Wood G F Wood & Co E Granman E Granman & Co J N Schlessinger Leadville Col H Powell Metz & Powell Milwaukee Wis Taw Pittsburg

New York Stock Market Ends Quiet After Weak Day

Money on call easy at 3 to 4 percent with last loan at 4 and closing at 2. Bar silver at 634. Exchange dull at reduced rates. Government bonds firmer for the 43s and heavy for the 4144s. Stocks opened weak and drifted lower with six leading issues dominating trade. Late selling heavy in several names. near day’s end prices near the day’s lows. Railroad bonds dull but steady. North western bonds down 244 to 126.

Boston First National Bank New York J. Reynolds Boston Marine Insurance Comny New England Mutual Life Insurance Company Previent Institute For Savings New Bedford Institution For Savings Foote & French C. E. Hammond Windsor Conn Benjamin H. Field George W. Phelps Mount Morris Lockwood & Croxsman Ib. V. Haynes Washington D. C Mary E. Lathrop Hawkinsville Samuel Bailie Philadelphia A. S. Pratt & Son Harvey Fisk & Sons Atchison Atchison, Topeka & Santa Fe Railway Company Atchison Company Chicago Recorder’s Transcript California Southern Mexican Central Guadalajara San Luis Potosi Union Pacific Ie Cege Times Western Railroad Height Association Omaha Cincinnati Sandusky & Cleveland Atlantic & Pacific Flint & Pete Marquette Burlington & Quincy Wisconsin den New York & New England Common Sehars New York & New England Fitchburg Boston & Albany Kansas Chicago, Kansas & Western Oregon Banks—Commerce Everett Bixons Suffolk New England Reading Lackawanna Northwestern St. Paul Western Union Missouri Pacific Lackswanna Richmond & Weat Point Roane Grangers Detroit,& Marquette

Market Report Shows Steady and Firm Goods Across Commodities

Wool and oats hold steady while corn and butter rise in activity. Eggs, cheese, and fresh beef remain firm or very firm with overall quiet demand in beans and trucks. Potatoes, hay, grass seeds, pork, lard, sugar, molasses, and other staples stay largely unchanged or steady as prices and activity show muted movement.

July Exports Rise While Imports Fall in July Trade Report

The July bulletin shows exports increasing while imports decline, easing gold import fears. Seven month totals show exports near 1886 levels, with July exports down 3.4 million from 1886 but up from June by 1.4 million, and seven month imports higher than 1886 by 29.7 million. The piece notes seasonal shifts favoring exports later in the year and discusses wool, textiles, and cattle market trends across Boston Brighton and eastern markets.

Bureau of Statistics

Sheep and cattle trade at Union Market amid large North Eastern supply

The stock of over 10 000 Northern and Eastern sheep and lambs was offered at Union Market with prices showing a 4 to 6 per cent decline. Sales included 101 sheep and lambs averaging 57 lbs at 7 1/2 to 8 1/2 cents, and 179 lambs averaging 67½ lbs at 6 1/4 to 8 cents. Maine cattle and store stock were represented. Western steers and calves moved to local and export buyers with varied prices. A carload of Ohio horses and multiple stables reported steady to improved activity in the equine trade.

Topeka Frenchman's Bay Calumet & Hecla Osceola Tamarack Floron New York Commercial Bulletin of Today Calumet & Necla Lake London Cables Cincinnati Ohio Michigan Sige Eng United Les Brighton N. B Boston & Albany East Cambridge Sermoont Fhre Armour Chicago Canada CH Merrill J D Hosiner J S Henry Weiler & Libby Springer W Scoillans Liverpool England J A Hathaway Monroe Pavonia Maine Vermont Hampshire Massachusetts New York Western Watertown Ieee al Ache A Ua Ees Boston & Lowell Fitchburg Eastern Union Market J B Sargent G E Moody Breck & Wood W W Hall Weiler & Libby and Libby & Co Gage Piper & Blaisdell Russell L Fi Brockway J F Drew Welch & Hall International Horse Exchange Pine F H Coolidge & Son Hall H Merrill Libby & Weiler Libby & Son Garceion Hall & Son Kimball I C H Coolidge & Son C H Merrill W W F Thompson New Hampshire H A Wilcox J B Sergent Dow & Moulton Aldrich & Johnson G H Sprigg Whipple & Farmham French & Adams Combs Dempsey Scollans Farrell & McFlynn

Wool Market Shows Quiet Trade and Mixed Outlook

The wool market remains less active than last week with many manufacturers in the market taking sample bags or closing offers. Prices hold fairly steady though concessions are common. prospects split between expected gains and no immediate improvement.

Philadelphia Ohio Michigan Delaines Georgia Oregon New York Pennsylvania West Virginia Ware York Indiana Wisconsin Canada Iowa Kansas Nebraska Minnesota Colorado Texas Utah Wyoming Montana

Flour and Grain Market Report August 24

The flour market remains unchanged with very steady trade and fair average sales. Prices hold to current levels as goods are needed, while little anticipatory buying persists. The corn market stays very firm with continued strength in demand and prices.

Also Mentioned on This Page

Devonshire Street Kidder, Peabody & CO Nassau ST West End Street Railway Nashua & Lowe Reece Seeeee Eastern Railroad Ea Ae West End Street Railroad T. Fairbanks& Co Charlestown Gaslight Co Boston Gaslight Co Oan Chelsea Gaslight Co Neptune Insurance Co McKay & Bigelow Toledo Santa Fe Dar Fiapids & Mo Rutland RR Rutland Consol. RR of Vermont Henshaw & CO Second National Bank Freeman's National Bank First National Bank of Chelsa Old Boston National Bank Metropolitan National Bank Suffolk National Bank Park Tremont National Bank Exchange National Bank Faneuil Hall National Bank Freeman’s National Bank Manuty Co Weet Bates Meneteding Co Lowell Manufacturing Co Ta & Cocheco Manufacturing Hamilton Manut'g Co Lyman Mills A. Ee Naumkeag Manut Co Uss Amory Manufacturing Co Merrimac Manufacturing Ovses Tremont & Suffolk Mills Lewiston Boston Consolidate Franklin Company A Street RR Fitchburg RR Old Colony Railroad Eae Somerville Horse Railroad National Tube Works Cambridge Horse Washington F. and M. Insurance Co Half Co Seeer Boston Cab Co Illinois Grand Trunk Lowa Falls Sioux City Little Rock & Ft Bond Scrip Ing Alt Ewer At. & Pac Anne Central Town Central Pac Ches Chi Alton Cine Col. &H.Y del. & H del. & L East Tenn Flw Fort Wayne Honust Ie Central Steer Kan Tex Lake Shore Long Island Lon N. A Esate Boston Stock Exchange Nash, & Chat J.cent Ware Pacific Albis Ray Bse Brunswick Ohio & Miss Bath Catalpa Napa Ohi West Franklin Oregon Trans Ittaburg Peus Rich Dan Wee Aspinwall Courpe Eae Se Roch Pitts Stenee Brookline Rock Island Campobello S. Finess East San Diego New St. P West End Wollaston Texas Pacific Toledo &Oc Utica Tee Sci Pacife Mail Neb Wos Westernine Ft. Scott &Gulf Cen. P. Ists Per . K. C P.& RG Hdheiiel Kk Cc. Spr M. Fe L. Rock & Ft. Smith Dor Eric Tex. F L. G Den.d Tex. i Ao Gs Brows Yee New Itag Lsts Shore Mining Companius S Kan Ae Nor, Pac Atlantic Avador Ontario L. Champonine Louie Ophir Rutland GS Eeeeseenee Chollar I Ae Lee Sonora Col Coal B&q St. & GO Con, C, & Va Ig. King Kaneas Terra Santiago Southern Kansas Cristo Central Nevada Gow Hale & Nov Gy & L Tornado Soine Athintice & Pacific Vibe H.coal & K Union Con Rig& Wgr Boston & Maine Hoxton Bsc. & M Nfd Sonora Chi., Bur, & Ceaneras Bur, & Quincy Cambridge Hol W P Central of Mass Com Sand Fitehbur Flint & P. Marq Ing. & Temp Maine Central Metropolitan H Sentra Sacores Caesee N. E GOD Bisavies le Champlain Oregon Shore Line Old Colony Falls & Gon Summitt C & Hec Wee Nee Quincy Cou Diego Bell Telephone Tt & Ds Eastman C H Co BOVIG Eee West Ena Land San Diego Land Wrench’s B Ld Tash Cscs Pitchburg Ison W. Fay & Co Wistreet Elec McKay & Bigelow Heeling Kensington Chair Lord Acoustic Eastman R. L. Day & CO Merchants’ National Bank National Bank of Commerce Shoe and Leather National Bank Bates Manufacturing Co Hilt Manufacturing Co Metropolitan Horse BR Old Colony BR Atchison, Topeka & Santa Fe Foreign Financial Markets NEW York Financial Brighton and Watertown Boston Post George J. Fox Maiufe E Farrell McKenna & Libby C H Merrll P W_ Thompson BE Moody Whipple & Farnham WC Cleaveland Combs & Farrar Dwyer & Lavine Stocker Bros Ricker & Son J B Kemick MG Flanders Worthern Hull & Seaver B S Hastings N K Campbell A Pond J Hanley R P Pollard WG Townsend Ad Piper L W Tinker A Williamson P Burke O C Robinson G W Wears W Dempsey Wees W Fisher P Mellett S H Jones S Howes J Joslyn J McCracken BS Hastings J N Morse G A Sawyer Hollis & Co AWN Monroe Farrell & Nagle Valley Delaine Kentucky Calfornia Montevideo Linger Stockholm City AA Pond JS Henry bYac Libb & Weiles Hall d@ Son Watertown Yards JT A Hathaway W Visber C P Burke Brighton Yards Chicago Markets Ingorice Reardon & Co State Street Farnun A. Ae
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