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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 28, 1888

Page

6

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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