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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 25, 1888

Page

6

Money Market Report Jumbo Aug 24 1888 Boston

The money market remains dull with clearing house rates at 2.2 percent. Time paper buyers seek 4 to 6 percent, call loans secured at 3 percent. New York and European exchange shows mixed demand and strong foreign yields. Markets recount bond and stock movements, with notable activity in copper shares and Bell Telephone strong in August. Prices drift, with executive commentary on Union Pacific and railroad equities amid cautious tones.

Boston New York Chicago St. Louis San Francisco Ight Telegraph New Orleans Bank Charleston Savannah United States National Bank Reichsmarks Cleveland Senate Europe Russia St. Vincent, Minn Atchison Eastear Kansas California Southern Flint & Pere Marquette Common Cleveland & Canton Northern Pacific Union Pacific Philadelphia U. P I. P Adams Omaaua Neb Kimball Mellen C. S. Mellen Mball Charles F. Adams Fanses & Western New England California Ogdensburg Ogdensburg & Lake Champlain Wisconsin Central Fitchburg Preferred Eastern Preferred Central Massachusetts Old Colony Boston & Maine Connecticut & Passumpsie Worcester, Nashua Rochester Maine Central Consolidated Vermont Lamson Store Service Company Treasury The Herald Boston Heating Company London Telephone Erie Bell Telephone Comey Bell Telephone Howard Stockton Massachusetts West End Newport San Diego Frenchman’s Bay Boston & Montana Franklin National Po Iaraik Kearsarge Union Market Nat. Bk Brighton New England Mort. Sec. Co Natl. Exchange Bk Salem First Nat. Bank Asiatic N. Bank Douglas Axe Mfg. Co First Nat. Bk Everett Mills Franklin Co Lewiston West End St. Ry. Co Cheshire RR Berkshire RR Vt. & Mass. RR Wakefield Rattan Co McKay Fast Atlantic Cotton Mills St. RR. Co K. C Maine Lynn H. RX Det Bay City Alon

Railroad and mills declare varied quarterly dividends

The Cincinnati, Indianapolis, St. Louis and Chicago Railroad Company declares a quarterly dividend of 14 percent. Border City Mills of Fall River proclaims a 3 percent dividend. Fort Wayne and Jackson road plans a semi annual dividend of 2 and 4 percent on Sept. 1 to preferred stock on Aug. 25.

Cincinnati Indianapolis, St. Louis Dexter and Corinna National Bank of Redemption United States Boston Calumet & Hecla Birmingham Equipment Company Fort Scott Southeastern Oregon Improvement Preferred New York Massachusetts Loan and Trust Company Kansas City, Fort Scott & Memphis Chicago & West Michigan Detroit, Lansing & Northern Gastes Denver & Rio Grande Western Railroad

New York Stock Market Dull Then Weakens After Noon

Money on call easy at 1 1/2 to 2 1/2 percent with last loan at 1 1/4 percent. Government and railroad bonds dull and steady. Stocks opened 3 to 3 1/2 percent lower, Canada Southern and Michigan Central weak, later inching up slightly but overall dull with small fractions of gain.

Fort Worth St. Paul South Minnesota Cleveland Columbus Cincinnati & Indianapolis Richmond & Alleghany New York Prime Mercantile Barsilver Sterling Exchange Lackawanna North Pacific Canada Southern Michigan Central

Market Report Shows Mixed Commodity Trends Across Staples

Flour leads gains while corn stays near unchanged and oats ease. Millseed and malt hold steady, butter remains firm, eggs and poultry steady, and fresh beef trends lower. Sugar markets steady to active, molasses flat, tallow quiet, and various fruits and meats show muted moves amid overall dull activity.

Gloucester Fish Market Reports Mixed Supplies and Large Cod Shipment

Gloucester notes no material market change with mackerel light and cod arrivals fairly good though total catch lags last year. Nellie N Davis brought 250,000 lbs cod on its second Grand Bank trip, banks report scarce fish, and Georges Bank landings show marginally better prices. Prices for various cod types and other species listed. demand steady for boneless and prepared fish. Iceland fleet due Sep 10. Receipts last week totaled 1,312,000 pounds codfish, 263,000 pounds halibut, 1,365 barrels mackerel, and 13,000 pounds hake.

Gloucester Nellie N Davis Grand Bank Nova Scotia Iceland Setember

Flour Markets and Grain Prices Rise Amid Strong Demand

John E Welsh notes domestic sour quotations rise as flour prices climb with spring wheat held by mills at up to 5.40 per barrel. New York receipts and exports increase, while Chicago and Milwaukee markets show firm or higher trends. Corn and rye flour markets are tight with varying bids and shipments across major cities.

Minnesota Michigan Canada Superior Canada Roller Canada Extra New York City Southern Chicago St Louis Milwaukee Northern Detroit Toledo Minneapolis

Financial Market Snapshot From London Rail and Steel Firms

London stock quotes show Atlantic & Great Western firsts at 37% and seconds at 7% while Canadian Pacific trades at 68.42. Erie and Erie seconds quote 28% and 101 1/4 respectively, Illinois Central 122, St Paul 73%, New York Central and Reading 25 3/4 and 34s. Money 14 1/2 at 1:30 p.m. Paris advises 3% rentes at 83 francs 70 centimes for the account.

Ae Ps Cc Ve & N Chi Kan W. Gs Veex Ww. Mich Neat Bis St. P. Gs Fie Elk. H K.C K. C C. B Spwe M S. P Union Pacific S. F Wis de Inc Atlantic & Pacific Boston & Albane Boston & Lower Boston & Maine Boston & Providence Central of Mass Cleve ANTON C.wsseeee Rive Een Fitchburg Flin & P Packs & Sp L.R Ft S Sy L Maine N.Y New Eng Old Colony Rutland Summit Branch Ad Oy Diys Art Bee West End Central Bey Am Bell New England Fastman Car Heater Co Ener Lamson Store Pullman Palace Car Oeeewe Gore Nemeter Pacific Air Line Roch Central Iowa Central Pac Ches Olio Louk Go - Alton Lizig Cleve, & Col del. & IL Ewes del. & L den. & K.G East Tenn Erie Fort Wayne Ft. W Hocking Valley Houst Texas Kan, & Tex Ar & Potlie Long Island Lou Man Beach Esaese Minn St. Lee G M Ohio Essex Nash Chat Northwestern N. Y. Cent Neds C. & St Ste N. Y N. E Ohio & Miss West Oregon Rich Orse Rock Island Rome Farnum, Reardon & Co St. L M.&m. Evee O.C LBA Pacific Utica & B Este Ing St.& Reeene W. L.E Pullman Palace Union AGIAN Avai O. Nav Va. Cen al St. L Pork— D R.G.V Eeee Erie St. P Tex. F N.d Suort W. Shore Om Adams American Wells Fargo Reece Aia Amador Ome Ophir Barcelona Plutus Col C. & Vai el Cristo Exchequer Santiago Hale & Norcott Standard S. King Sutter ‘Creek N. Bele Isle London Atlantic Great Western Atlantic & Great Western Canadian Pacific Illinois Central St. Paul New York Central Paris

Businesses Failures Reported Nationwide This Week

Richard C Harris of New York and Harrisville New Jersey assigned to Thomas L Jones. Standring Yarnall Co of Lenni Mills Pennsylvania assigned. Charles W Sears Worcester Massachusetts offers 50 cents on the dollar. Wood Sleeper Co Boston creditors accept 20 cents cash on the dollar. Total failures across United States and Canada 214 this week, down from prior weeks. last year’s week had 185.

Richard C. Harris New York City Harrisville N. J Thomas L. Jones Standring Yarnall & Co Jean Manufacturers Lenni Mills Penn Charles W. Sears Worcester Mass R. G. Dun & Co E. Russell & 30 Mercantile Agency United States Canada

Named Agents and Firms Listed Across States and Cities

A long list of individuals and firms from multiple states is presented, naming agents and companies in Americus Georgia, Altoona Pennsylvania, Augusta Georgia, Bayou Sara Louisiana, Chicago Illinois, Crawfish River areas, Columbus Mississippi, Clarksville Tennessee, Cincinnati Ohio, Detroit Michigan, Fernandina Florida, Goldsboro North Carolina, Lonoke Arkansas, Memphis Tennessee, Muskegon Michigan, Mobile Alabama, Newark New Jersey, Nashville Tennessee, Okolono Mississippi, Pulaski Tennessee, Toledo Ohio, and Vicksburg Mississippi, with associated firms and agents such as Means & Magee, Jones & Co, Burris & Bro, Selz Schwab & Co, Mabley & Co, Dewe y Rodgers & Co, Lusky Bros, Greener Bros, Daniel & Gates, J M Hill & Co, A P Connor & Co, J H Prescott, J M Potter, J S Rodgers, and others. The fragmentary list appears to catalog representatives and trade houses across regions.

Americus G D Wheatley G&a A Cohen Ad. Anderson Means of Means & Magee Anderson S C CJ Jones F Jones & Co J H Sloan Hill Altoona Penn Hall Hall & Bros Craw Alleghany J N Frohring Sher Christian Zies Bayou Sara M © Levy Mann & Levy Linghamton M Brown Lester & Co Chicago C McLauchlan Selz, Schwab & Co Mobile Ala A Grotz Newark J M Bornstein R Bornstein Nashville Tenn L Lusky Lusky Bros

Grain Market Roundup From Chicago to Milwaukee

The report shows corn and oats mixed movement across markets with No 2 corn rising in some cities while others stay steady or soft. Prices for flour and malt hold steady as oats, rye, and barley show modest shifts. New York and Chicago receipts and shipments are listed with bid and asked ranges for several grades and months.

Hard pressed butter and cheese markets show mixed quotes

Butter quotations across Western Vermont and New York hold firm with Western creamery at 19 21 cents and Vermont extra creamery at 21 22 cents while Eastern creamery stands at 20 cents. Cheese is weak with New York extra at 8 9 cents and Vermont ranges 8 8 3 to 8 4 cents amid general dullness.

Choice Western Vermont Extra Vermont Eastern Creamery Jobnie New York State Creamery State Dairy Chicago New_York Ohio Liverpool

Bananas to George Harding and Boston Fruit Co Arrive

The Balder steamer is due from Baracoa with bananas for George H Harding. The Samana steamer is expected from Jamaica with bananas for the Boston Fruit Company.

Balder Baracoa George H Harding Jamaica Boston Fruit Company

Fruit Market Report With Prices by Category

The market shows steady prices for apples with diverse varieties listed such as native sweet dough and graven steins. oranges and lemons trade quietly at old quotations with Palermo and Messina pricing noted. berries supplies shrink as prices rise with blueberries and huckleberries at 9 to 12 cents per quart. winter melons are overstocked with sales around 12 cents each. grapes see steady demand for Delaware Moores and Hudson River champions. peaches arrive in better condition with white and yellow fruit priced per basket. A peach train is listed for Saturday morning with consignments to multiple firms including Hudson & Co and Jona Bigelow & Co.

Palermo Delaware Moores Hudson River Consigne P Hudson & Co Bennet, Rand & Co CB Sanborn & Co Snow & Co Jona, Bigelow

Also Mentioned on This Page

Fort Wayne & Jackson Railroad Lake Shore & Michigan Southern Boston Stock Exchange Los. Belting Co City Bk American Waltham Watch Co Marblehead Nat. K Marblehead McKay & Big MH. M. Asso Martha’s Vineyard N. Bank Edgartown Maine Central Rd Boston & Albany RR Boston & Maine RR Old Colony RR Shoe and Leather Nat. Bank National Car Co Nat. Bank Manchester Mills Old Stock Taunton Locomotive Co Pacific Mills Cheshire RR. Co Day Cordage Co American Insurance Co Boston & Bangor Steamship Co Pacific Guano Co Kansas & Western RR Maine Cent Monarch Chicago, Burlington & Northern RR Fitchburg RR Iowa & Lansing RR Concord RR. Co Flint & Pere Marquette RR Uhasta & Passumpsic Rivers RR Current River RR. Bs Rec City Clinton & Springfield Chicago, Burlington & Quincy Denver Union Pacific Ry. Co New York & New England RR. Co Chi. & West Mich. RR. Co American Rapid Telegraph Naumkeag Steam Cotton Mills Bos & Lowell Peer Tte Jowell Bos Cassight Co Hoosac Tun & West Bos * Winthrop Calumet & Hee Central Car Co Chelsea City Creseen Springfeld & Crnst Eastern Ik N RR East & M Rapids, Laws & Detroit IT & Wine Memphis Sec Mortint Ave H & Ont RR Mass State Lnor & Wor Og & Lake Cham RR Osceola Mining Quincey Wat'r Co Revere House Co Rich Hill RR Co Sano’ Grok Joplin RR So Kansas Land Co Brokers’ Board Yorknoon T&s Ny&ne Ogs & LC Bay Saber Erro Bos & Mont Copper Ae Franklin Coun & Pass Old Colony Ee M. c K&ww Gs CW Ny&n Sonora Bell Tel B& Mont Ees Nysne One Alloucz Ccc Ccceeeeerevesros Apn Oldeceees Huron Ironton Osceola Sea Ridge Tamarack Paca Aspinwall Boothbay Joyiston Street Brookiine of Camipobello Kay M&verick Lamoine Cores Payson Etteene Erenre Ly Penobscot Sullivan Ceesees GO Inc Mining and Stock Exchange Allouez Ee Arnold iRappa Aztec St. Mary Bonanza South Side Catalpa Crescent Winthrop Elect IV Dunkin Burton Everett Eureka Lord Ac Mesnard N.E. Meter Ocean Pontiac Chicago Markets Boston Heating Gb Irving AL Evans & CO State Street Basset, Whitney & Co. Bankers and Brokers Devonshire Street Williams & CO Boston Post Joserh G. Martin NEW York Financial John E Boston Markets Foreign Financial Markets Peoria Tve Graham Millfeld New Hampshire New Brunswick PE Island Choice West North Redtop Jersey Bristol Ferrys
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