Money market firmer opens week with sharp 3 percent rate
The Boston money market opens firm with a clearing rate of 3 percent and general time loans at 4 to 6 percent. Call loans with collateral run 5 to 6 percent. Business paper moves quietly at 4.5 to 5.5 percent. Clearing house balances show bank loans at 3 percent, and New York funds discounted 10 to 25 cents per $1000. Exchange totals rise in Boston from last year, while New York exchanges fall. Bank statements show declines in deposits and reserves, with government securities steady and bond offerings totaling $94,000. Foreign exchange remains firm, and copper stocks react to mixed crop and market signals.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
United States
National Bank
Secretary of the Treasury
Frances
Reichsmarks
Imperial Bank of Germany
Wall Street
Stata Street
Des Moines
Toneka
Russia
Ohio
Irving A. Evans
Atchison
Chicago, Burlington & Northern
Oston
West
Chicago, Burlington & Quincy Company
J. Murgay
Farnum, Reardon & Co
Northwest
Proposals for Preferred Stock of Oregon Improvement Co
New York August 18 1888 sealed bids invited for up to 10000 shares of preferred stock at par 100 each. bids due Sept 17 1858 with 5 percent deposit. payment plan outlined through April 1889. pro rata allotment if over bid. right to reject bids. certificates issued for full shares and fractions paid. addressed to Elijah Smith Mills Building New York City.
MENTIONED IN THIS ARTICLE
New York
Oregon Improvement Company
Elijah Smith
Mills Building
New York City
Elliah Smith
Boston Stock Exchange Creates Chairman Role With Salary
Members at a forenoon meeting voted two thirds to amend the constitution. The new chairman will also serve as secretary and receive 5000 dollars yearly, equal to the former president’s pay, while the former secretary’s 2000 dollar salary is saved. The president’s role becomes honorary.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Wall Street Money Rates and Market Close Summary
New York money on call easy 1 to 2 percent, last loan 1, prime paper 4.42 to 6.42 percent. Bar silver 9 15. Sterling steady. actual bills 4.84 and 4.87 percent. Government bonds dull. Railroads quiet and steady. After 12 o’clock stocks weakly active with Reading, Western Union, Lackawanna and St Paul leading gains, then steadier. close dull but firm near day’s high. Rail bonds dull. notable gains in Kansas & Texas 68 to 67.5, Canada Southern, Morris & Essex, Denver & Rio Grande Western, Peoria Decatur Evansville, Indiana Bloomington & Western, Virginia Midland 6s.
MENTIONED IN THIS ARTICLE
Brokers’ Board
T& SE Lst
B& N
Am Bell Tel
Aspinwall
Boston
Eeeerenee
San Diego
Neeseres - West
Ind
Alloue
Bos & Mont
Cald& Hee
Dunkin
Franklin
Seresseteess
Kearsarge
Mesnard
A, T&sf Seweres
Ny&ne
West ‘End
P. M
Ee A
T&s F Col Trust
K C
Mem & Bir
E & St L
Tex
Wis
Aw Beli
Erie Tel
Snewee
Lamson SS
Eeeree
Frenchman’s Bay
Ponanza
Mont
Vermont
Fitchburg
Old Colony
Pullman
Boston Stock Exchange
Allen
Ceee
Erern
Arnold
Aes
Atlantic
Hole Bol
B. & Mont
Catalpa
Crescent
Central
W. P
Boylston Street
Brookline
Campobello
Fast
Maverick
Newport
Lamoine
Payson
Penobscot
Eeeweeneet
Sullivan
Topeka
Seaysowre
West End
Winthrop
Wollaston
Atchison
L. G
Kan. & Wv Bs
Do Inc., Ceeeeseens
C. & W. Mich
St. P
D D
Elk
H. Gs
Eeee News
K.C
K. C
S. P
N.Y
N. E
Eeewevereere
Nor. Pac
Kans
Union Pacific
Do S. F
Do Inc
Lyodesrcseee
Ing
Atlantic & Pacific
Boston & Albany
Alt
Boston & Lowell
Boston & Maine
Ee Pacific
Providence
Ewer
G B. & Air Line
Aero
Gene Ee
Southern
Owa
Ches
Ohio
Conn
Col. Sp. di
Cin
Flin & P. M
U Steer
Cleve. & Col . L
del, & H
Fort Wayne
Mexican Central
New Eng
Hocking Valley
Houst
Texas
Tent
Bog
Kan
Ceenser
Long Island
S.ee
Eooververe Lou
N.A
Enae
Man. Beach
Bell
Erie
New England
M.L
Fastman Car Heater Co
Minn
St. L
New York
Prime Mercantile
Sterling Exchange
Reading
Western Union
Lackawanna
St. Paul
Kansas & Texas
Canada
Denver & Lio Grande Western
Indiana, Bloomington & Western
Peoria, Decatur, & Evansville
Virgina Midland
Market quotes from London and Paris await updates
At London trading on August 27 the Atlantic & Great Western and Erie issues show varied first and second prices with Illinois Central and Reading also listed. Mexican and Canadian Pacific notes move in narrow ranges while New York Central and St Paul push midmarket levels. Paris shows 3 percent rentes at 83 francs 872 centimes.
MENTIONED IN THIS ARTICLE
London
Atlantic
Great Western
Canadian Pacific
Erie
Illinois Central
St. Paul
New York Central
Paris
Commodity Market Watch Flat Across Most Goods
Market report notes slight moves with copper and several grains steady or firm. Cornmeal slips while oats and poultry hold firm. pork and beef show steady to firm prices. sugars active, molasses slow, and truck demand remains brisk in a calm overall commodities scene.
The Metal Markets Steady As Pig Iron Byrail Demand Rises
The metal market shows no material change with pig iron held at steady, fair prices. Scotch pig remains at old quotations. Rail sales total about 22,000 tons over eight to nine days, with inquiries for 60,000 to 75,000 tons. Bottom prices are unclear as most rails are sold delivery. Some contracts limit net to 28 to 92.50. ordinary quotations 29. Louisville and Nashville and Illinois Central seek rails for Western and Eastern repairs and extensions.
MENTIONED IN THIS ARTICLE
Theouisville & Nashville
Illinois Central
Freight and metal markets steady amid mixed rail hopes
The report notes dull business among rokers and railmakers while some southern lines consider extending networks and mills anticipate October boosts. Copper, tin, lead, and spelter show steady or improving demand with prices near prior quotes. iron and steel products remain firm, old rails quoted at 19 to 23 per ton for English and New England makes.
MENTIONED IN THIS ARTICLE
Proef
Andon
Boston
Baltimore
Pennsylvania
Ohio
Eglinton
Summerlee
Eee Gartsherrie
Langoon
Coltness
Shell
London
Straits
Boston Market Report Flour and Grain Prices Aug 1888
Boston market report lists visible supplies for wheat corn oats rice barley and rye in Chicago Boston elevators with Aug 18 25 27 1888 figures. It notes flour demand strength firmer prices various grade quotes and New York Chicago Milwaukee price activity with receipts shipments and call quotes.
MENTIONED IN THIS ARTICLE
Chicago
Boston
Livia
Minnesota
Michigan
Canada Superior
Canada Roller
Canada
New York
St Louis
Milwaukee
Detroit
Toledo
Minneapolis
Boston &Albany
Hoosack Tunnel
Commodity market summary from multiple US cities
Oats and cornmeal quotes drift with varied receipts across New York Detroit and Chicago. Wheat and rye show quiet demand while oats, barley, malt, hops and cottonseed meal provide muted activity and steady prices amid fluctuating shipments and local tone.
Market Whitesection Dairy and Produce Prices Steady
Butter prices firm with high quotes for Western and Vermont creameries while common lots move slowly at old quotations. Cheese remains steady with New York and Vermont levels, eggs and beans show quiet activity and buyers hold leverage. potatoes and hay markets show steady or fair demand with regional price variations.
MENTIONED IN THIS ARTICLE
Choice
Western
Vermont Extra
Vermont
New York
New
Ogdensburg
C. Canton
Liverpool
New Hampshire
Michigan
Nova Scotia
New Brunswick
E Island
California
West
North
Clover
Redtop
Jersey
Bristol Ferrys
New Hampshires
Banana Steamer Hondo Arrives from Jamaica with Fruit
The steamer Hondo is dueing from Jamaica carrying bananas for the Boston Fruit Company.
MENTIONED IN THIS ARTICLE
Banana Steamers
Jamaica
Boston Fruit Company
Fruit and produce market notes show varied prices and slow sales
Avplez markets supply ample choice lots with fair demand and varied prices for apples oranges lemons grapes berries and pears. Delware Bartletts Maryland Delware crates baskets range 50 to 150 and crates at 75 to 125 cents. Damsons and other small fruit sold from 50 to 150 cents per basket or crate.
MENTIONED IN THIS ARTICLE
Palermo
Messina
Delaware Moores
Hudson River
Am. Peaches
C Sanborn & Co
Maryland
Delaware
Market Prices for Fresh Produce Include Mixed Quotations
A fragment lists numerous vegetables with varied prices and pack sizes including squash, cabbages, beans, onions, beets, carrots, lettuce, turnips, cucumbers, tomatoes, peppers, cantaloupes, and cauliflower. Prices range from 20 cents to over four dollars per box or bushel, with notes on supply and movement.
MENTIONED IN THIS ARTICLE
Bay State
Russia
Jersey
Provisions on Pork Market and Meat Steady
Pork products show an unchanged market while lard remains firm and a strong denial appears. Hogs and smoked meats hold steady, indicating stable meat prices and supplies.
Also Mentioned on This Page
Chicago, Burlington & Quincy
Oregon
Oregon Navigation
Grangerville
Ida
Oregon Railway and Navigation Company
Clearwater
Northern Pacific
Potlatch Creek
Oregon Railway and Navigation
Potlatch Canon
Wisconsin Central
Cleveland & Canton Preferred
Pullman’s Palace Car
California Southern
Oregon Transcontinental
Chicago & West Michigan
Connecticut & Passumpgic
Chicago,Kansas & Western
Southern Kansas
Louisville & Evansville
Memphis & Birmingham
Rutland
Burlington & Northern
Bell Telephone
Lainson
England
Bears
Allouez
Tamarack
Calumet & Hecla
Osceola
Pewabic
Ridge
Boston & Montana
Oliver W. Peabody
Kidder, Peabody & Co
Robert F. Clarke
M. R. Ballou
Governin
John Parkinson
J. W. Davis
C. Head
E. D. Bangs
E. Rollins Morse
W. G. Webb
New England Mort. Sec. Co
Natl. Exchange Bk
Salem
First Nat. Bank
Bean N. Bank
Duglas Axe Mig. Co
First Nat. Bk
Everett Mills
Franklin Co
Lewiston
West End St. Ky. Co
Cheshire RR
Berkshire RR
Vt. & Mass
Wakefield Rattan Co
McKay
St. RR. Co
Maine
Lynn
Det
Bay City RR
ALB
Los. Belting Co
City Bk
American Waltham Watch Co
Marblehead Nat. Bk
Marblehead
McKay & Big
H. M. Asso
Martha’s Vineyard
Edgartown
Maine Central Rd
Boston & Albany RR
Boston & Maine RR
Old Colony RR
Ase 5
Nat. Bank. “Tan
Stockbridge & Wittsfeld RR
Douglas Axe Mfg. Co
Do Hill Mfg
Lashare Cin
Sand. & Cleve
Do Col
Spring. & Cincin
Douglas Co
Kansas
Top. & Sige
Nat'l Tube Works
Union
Fast, Co
Nat'l Be
American Screw Co
R. I
Kansas City & Cameron RR
National Car Co
Nat. Bank
Manchester Mills
Old Stock
Taunton Locomotive Co
Atlantic Cotton Mills
Pacific Mills
Cheshire RR. Co. Nfa
Day Cordage Co
American Insurance Co
Boston & Bangor Steamship Co
Pacific Guano Co
Chi
Kansas & Western RR
Bae
Maine Cent. RR
Burlington Northern RR
Fitchburg RR
Iowa & Lansing RR
Concord RR. Co
Flint & Pere Marquette RR. Co
Connecticut & Passumpsic Rivers RR. Co
Connecticut River RR. Co
de Simonds
Boston & Lowell RR
Current River RR
City, Clinton & Springfield
Burlington & Quincy
Denver
Union Pacific Ry. Co
New York & New England RR. Co
Chi. & West Mich. RR. Co
Naumkeag Stea
Otton Mills
Natl. Exchange Bank
Consolidated BK
Ise- 15
Tremont Nat’l Bk
Nat’l Bk
Nat'l City BK
Blackstone Nat’ Bk
Nat'l Tube Works Co
Amoskeag Mtg. Co
Portland, Saco & Portsmouth RR. Co
Mining and Stock Exchange
P Pacific
St. Mary
Aztec
J. Conta
Bonanza Ly
South Sid de
Reece
Bruns
Nort Western
Everett
Burton On
Eureka
Pontiac
Pittsburg
Bee Rich. & al
Sees R. & W. P
Rock Island
Rome, W
Rome, W. & Eeveeer
St. Ll
Seeveee
Euevevese
St. * Paul
Ti Hkae
St. P. M
Meee
Aoi
Texas Pacific
O.U
U. Pacific
Utica
L& P
Pullman Palace
Pacific Mail
W.union
Gassys Con
Autee N.W
RB. G
1. D
BG. v. Eee
Lesage F
Erie As
Kan. P
Isilver Cert
Tex. Pods
Tex. P.R. N. J.C. Int
Rec
N. Pac
U. Pac
N.W
Shore
Adams
Wells Fargo
American
Amador
Ontario
Ophir
Best & Bel
Plymonth
Col
Con
C & Va
Seeree
Hale & Nor
Robinson
Hock
Sutter Creek
Oregon Improvement CO
Williams & CO
NEW York Financial
Chicago Markets
Boston Markets
Graham Fleur
Sac
Bush
York