Money Market Review Aug 24 1889 Boston
Boston money market held steady with discount rates 3 to 6 percent for time loans and 3 to 4 percent for collateralized call loans. Bank clearings totals and weekly exchanges shown, along with New York funds, foreign exchange, and imports and exports of specie. U.S. bonds and stock activity described with notable notes on Atchison, grain receipts, and copper market pooling plans.
MENTIONED IN THIS ARTICLE
Boston
New York
New York Clearing House
Chicago
St. Louis
San Francisco
Telegraph
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United States
Treasury Department
New York City
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ODOR
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Eee
Gee
Eck Gare
Birmingham
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Tacoma
OHS
HSL
Ahes
Montreal
Can
Wiese Algae
Halifax
N.S
N. Y
Boston Stock Exchange
Dividends Declared by Chicago Gas Trust and Charleston Company
The Chicago Gas Trust Company declares a quarterly dividend of 1 percent. The Charleston Mining and Manufacturing Company of South Carolina declares a quarterly dividend of 860 dollars per share.
MENTIONED IN THIS ARTICLE
Chicago Gas Trust Company
Charleston
8. C
For Investors For Sale Long Lease Real Estate Offer
Investment notice offering rental business real estate leased for 99 years secured by valuable buildings. Price range 50,000 to 500,000 pounds. Described as a long safe investment. Inquiries to James W. Hedenberg care of Eliot National Bank Boston Massachusetts.
MENTIONED IN THIS ARTICLE
James W. He Denberg
Eliot National Bank
Boston
Mass
New York Financial Finds Mixed Uplift as Markets Close Steady
Money on call remains easy with no loans and 24 percent offered. Prime mercantile paper moves slowly with demand from few out of town institutions. Bond activity dull and steady. railroad bonds show slight shifts. Stock market opens higher but foreigners’ buying wanes while traders press prices down before edging back. Weeks bond sales total 4,036,000, modest gain from prior week.
MENTIONED IN THIS ARTICLE
Brookline Chronicle
Wall Street
Cammack
Cape Cod
New York
Prime Mercantile
Sterling Exchange
London
Board Room
Burlington
Cedar Rapids & Northern
St. Louis
Jacksonville
Mining stock closes from San Francisco prices
San Francisco daily closing prices for mining stocks listed with values for Best & Belcher Crown Point Sierra Nevada Gould & Curry Union Con Occidental Union Consolidated and Yellow Jacket. Prices range from around 1.85 to 9.95 with several mid single digits.
MENTIONED IN THIS ARTICLE
Cen
D.wr.g
Iai
LAY
J & Rans
S.r ‘ Tobe
Erie
So. Ye & Cu
A. Isis
Den
Tex
RE. G
N.J
Shore
Ala
Eee
Eens Besta
Lelcher
Ouarto de
al Bodie
Occidental
Con
C & Va
Ophir
Col
Potosi
Crown Point
Quicksilver
el Cristo Teense
Nevada
Union Con
San Francisco
Cal
Best & Belcher
Ophiir
SYM Uhouars
Unl
Savaug Ee Cee Beer
Sierra Nevada
Gould & Curry
Muzica
Canadian Pacific and Erie Stocks Mixed in London Reports
Foreign financial notes from London dated Aug 24 report Canadian Pacific and Erie shares at varying quotes. Mexican ordinary and Spanish bonds show notable percentages, with Reading Bele and Mexican Central cited. Money markets indicate a 1.2 percent rate alongside other price movements.
MENTIONED IN THIS ARTICLE
London
Canadian Pacific
Erie
Pennsylvania
Reading
Mexican Central News
St. Paul Common
Saturday cricket results from multiple cities
The Brocktons beat the Mystics in Brockton 59 to 34. Prospect Mills defeated the Bootts in Lowell 60 to 44. Hyde Parks won against the West Ends of Boston 65 to 18. Ashtons defeated the Lorraines in Pawtucket 41 to 20.
MENTIONED IN THIS ARTICLE
Brocktons
Mystics
Brockton
Prospect Mills
Bootts
Lowell
Hyde Parks
West Ends
Boston
Ashtons
Lorraines
Pawtucket
Freight car storage rules announced by several railroads
A long notice to consignees outlines new storage tariffs effective Sept 1, 1889 for freight left in cars beyond 48 hours. Charges start at 8 cents per ton per day for five days, 6 cents for the next five, then 10 cents per ton per day with minimum per-car fees. Sundays and holidays excluded from the initial period. railways reserve right to unload and warehouse at owner expense if charges accrue.
MENTIONED IN THIS ARTICLE
Consignees
Boston & Albany Railroad Company
Arthur Mills
Mgr
Fitchburg Railroad Company
J. Whitmore
Central Vermont Railroad Company
John Porteous
Dept
New York & New Exelanp Railroad Company
E. P. Vining
Boston & Maine Railroad Company
James I. Furber
Window Glass Trust Seeks Western Northern Factory Alliance
The window glass industry centering in the northern district under United Glass Company headquartered at Syracuse, plans a major consolidation. Meadville Keystone Works, Ravenna Diamond Works, and Bowling Green Works are already aligned with three western factories expected to join. The northern district owns ten factories across New York, Pennsylvania, and Ohio, producing about 192 ppt.
MENTIONED IN THIS ARTICLE
Window Glass Trust
PrrisBurg
Penn
New York
Pennsylvania
Keystone Works
Meadville
Diamond Works
Ravenna
Bowling Green
Ohio
United Glass Company
Syracuse
N.Y
Canastota
Ithaca
Bernhard’s Bay
Durhamyville
Dunbarton, N. Y
Wellsboro
Foreign Markets Report From London and Liverpool
Cargoes off the coast show wheat firm with four arrivals since the last report and three awaiting sale. Wheat quiet at Mark Lane. English and French markets steady. Liverpool spot wheat dull and corn steady to quiet at 33 10d. Wheat futures quiet. California August price 7s 1d, September 7s 5d, October 7s 1d. American corn September 48 14d, January 33. Paris wheat quiet, flour 34 6d September. Dreadstuffs at Liverpool steady, winter wheat 63 1 1 4 7s, spring 78 2 7s 3d. mixed American corn $a 10d. Provisions steady. bacon 3s 6d, cheese 44s 3d.
MENTIONED IN THIS ARTICLE
London
Mark Lane
Liverpool
England
California
Paris
York
Commercial matters in steady to active demand markets
Pig iron demand is well sustained and steel rails are in good demand while ven i is firm and steady. Spelter and sugar show firmness, Rio coffee remains in good demand, spices and teas are steady, rice and flour mix stay quiet. Domestic fruits uptick, butter firm, cheese unchanged, eggs firm, potatoes ample, livestock mixed with pork steady and corned beef dull.
MENTIONED IN THIS ARTICLE
Sin
Rio
Graham
California
Print Cloth Market in Fall River and Providence Reports
Fall River reports weekly production 170000 pieces with deliveries and stock at 10000. Sales total 94000 with 85000 spots and 59000 futures at prices around 3 1/4 to 3 5/16 cents. Market firm and steady amid quiet demand and steady Providence closes at 3 1/4 to 3 5/16 cents with 13000 weekly sales and 176000 pieces 64x64s in stock.
MENTIONED IN THIS ARTICLE
Fall River
Providence
Wheat markets hold despite bullish chatter in Chicago
Wheat closed weak at the same price as two weeks ago amid abundant threshing reports signaling better yields. Corn and oats slid on good weather and large receipts, while provisions stayed dull but steady. Prices listed for Wheat, Corn, and Oats across Chicago Minneapolis New York and St Louis with monthly futures shown.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Boston
Board of Trade
Otis Res Uesthe
Esse Viz
Minneapolis
Duluth
New York
St Louis
Metal trade steady with rising pig iron prices worldwide
The pig iron market remains strong with prices for top American brands holding and advancing. Demand is fair, orders from Pennsylvania, Ohio and the South are robust, and mills stay busy. Foreign markets boost sentiment as British and Continental crude iron prices rise.
MENTIONED IN THIS ARTICLE
Pennsylvania
Ohio
Great Britain
Gray Forge
Sugar and spice trade report shows mixed movement and firmer futures
The market notes a renewed sugar refiner demand after importers cut raw sugar prices, with quiet activity and small stocks among jobbers. Rio de Janeiro futures firm on mixed crops and rising prices, while copper and spice trades hold steady with firm pepper and nutmeg, and tea sales remain robust in Formosa and elite varieties. Dried fruit activity picks up with Valencia raisins and California prunes delivering strong prices.
MENTIONED IN THIS ARTICLE
New York
Rio Janeiro
Rio
Maracaibos
Singapore
Zanzibar
Amboyna
Monmouthshire
Assyria
Denia
Malaga
California
London
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Charles Rabt
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Eastman Car
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Ein
Oston & Liverpool Co
Phonograph Toy Mfg
Elec Welding
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Big Lyon & Boston Railroad
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Pri
Sugar Refineries Co
Thomson-Houston Elec
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le Do ‘Trust
Thomson Elec, Welding
BEA Westinghouse Lec
Winnisimmet Co
Wilson W. Fay & Co
Robinson-Foster Klee
Penobscot Bay Land
Gray’s Dynamo Klee
Reece Kutton Hole Mac Nee
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Elec
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Shoe Ti
Morley Button
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OA M.T
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Kan. & West, Inc
R. of
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