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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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