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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 27, 1888

Page

6

Money Market Brighter but Contains Mixed Bond and Stock Notes

The Boston money market closed firmer especially at the clearing house with loans to banks at 5 percent and scarce cash for excess demand. New York exchange shows a sharp year over year rise, while government securities held steady. Rail and utility shares moved variedly with Union Pacific and several local lines edging up and down amid a broader bull campaign and anticipated rate decisions beginning January.

Boston Clearing House New York Chicago St. Louis San Francisco Telegraph New Orleans Charleston Savannah Reichsmarks Bears Atchison Kansas City the Herald Union Pacific Wall Street Chicago, Burlington & Quincy Chicago, Burlington & Northern California Southern Cincinnati, Sandusky & Cleveland Oregon Short Line Pullman Palace Chicago & West Michigan Flint Pere Marquette Common Memphis & Birmingham Cleveland & Canton Wisconsin Central Gan City Fort Scott & Gulf Detroit, Lansing & Northern Guadalajara San Luis Potosi New England Commons Eastern Boston & Maine Fitchburg Boston & Albany Boston & Providence Old Colony Central Massachusetts Boston & Lowell Marquette Journal Butte Lloyd ‘Luanel Palmer Boston & Montana Lloyd Tunnel Mr. Palmer Butte & Boston

Dividend notices from regional mills and steamboat line

The Granite Railway Company dividend is $4 per share, not $10 as reported. The Hingham, Hall and Downer Landing Steamboat Company declares a 6 percent dividend. Manchester Mills declare a 2 percent dividend payable after December 31, 15338. Naumkeag Steam Cotton Mills Company.

Granite Railway Company Hingham, Hall & Downer Landing Steamboat Company Manchester Mills Naumkeag Steam Cotton Mills

Stocks and bonds move on December 26 market page

The day shows mixed activity with strong gains in some issues led by Lake Shore and Vanderbilt issues while others retreat. Railroads anchor the late session with bonds quiet yet firm as notable price moves and dividends are reported among exchanges and trustee notes.

New York Money Market and Stock Activity Summary

Dec 26 New York money on call easy at 3 4 to 6 late loan 5 closing 34 percent prime mercantile paper 5 6 percent bar silver 0 242 sterling exchange dull steady actual business 4 8474 sixty day bills 4 88 posted 4 85 4 89 government bonds dull steady rail road bonds quiet barely steady stock market shows activity after delivery hour Lake Shore prominent with notable display

New York Prime Mercantile Sterling Exchange Lake Shore

Prominent Mellen rises to general manager of Union Pacific

Concord dispatch notes Charles S. Mellen advances from purchasing agent to acting manager and now general manager of Union Pacific, heading the largest railroad. Background shows his rapid ascent from a Northern Railroad clerk to a top executive within ten years. Also includes New York New Haven Hartford year end figures: betterments, gross income, operating expenses, and net income for 1888 and 1887.

Concord N. H Charles S. Mellen Boston & Lowell Railroad Union Pacific Railroad Mellen Northern Railroad Concord High School New York, New Haven & Hartford Railroad Albany

Commercial Market Summary in Steady Tones Across Commodities

A broad market note shows varied but generally steady or slower movements. Foodstuffs like flour corn oats and oatmeal display mixed demand, while grains such as rye and millseed sit quiet. Livestock and dairy items including butter cheese eggs and beef hold firm or slow, with fruits and vegetables showing steady activity in places.

Yearend horse market sale slows despite large arrivals

The closing week sees large arrivals but slow trade as Christmas week diverts attention. Bowler’s stable sold out a full car load from New York State including bay mares and a fine team for Springfield Massachusetts. Several auctions report mixed results with prices from $40 to $3825, and overall fair but slack activity as dealers note light lumber trade and few standout lots.

E Bowler New York State Springfield Mass Lexington Attsburgh & Co’s Walker’s Bazaar Moses Colman & Son Fitchburg Russell J F Kansas City Welch & Hall International Horse Exchange CH & E Snow’s

Grain markets edge lower as wheat slips and futures hold

Farnum Reardon & Co report wheat opening weak at a cent under Saturday’s close and finishing nominally at 103 for May. The day sees bulls retreat as selling pressure grows, with a lack of Liverpool activity and a cautious stance before any potential rally. Corn and oats show dull to firming action amid local buying and varied futures quotes across Chicago and New York.

Chicago Farnum, Reardon & Co Liverpool CS Williams & Co Cere Sicaaly Cies Anee Ee New York St Louis

Market report shows quiet demand across grains and milled products

The wheat market weakens while flour holds firm with steady prices. Corn and oats futures are dull. spot prices ease for corn while rye and barley show little change. Trade activity is limited in New York and Chicago with mixed regional trends and persistent demand for export grades.

Minnesota Michigan Canada Superior Canada Roller Canada New York City Mills City Chicago St Louis Milwaukee Minneapolis Duluth Toledo Baltimore Philadelphia Detroit Peoria State Bush Choice

Butter and dairy market report with mixed wholesale quotes

Butter demand remains unchanged with quotes across Western Vermont and Eastern creameries from 16c to 32c for various grades and imitations. Butter markets show quiet, steady trade across New York and Elgin with several price bands, eggs and cheese markets noted as quiet or firm, and beans with smaller receipts and steady demand.

Vermont New York Eastern Creamery Western Elgin Eastern Dairy North Choice West Liverpool New Hampshire Nova Scotia New Brunswick Michigan Island Canada

Market Prices for Peas Potatoes Hay and Poultry

Grain and produce prices are listed with various pea grades from York State and Maine. Potatoes show regional bids from Houlton to Nova Scotia with Hebrons Burbanks and New York varieties. Sweet potatoes hay and straw markets are steady. Game and poultry markets ease due to oversupply with prices for venison, grouse, quail, ducks, turkeys and fowls quoted by region and quality.

York State Meium North West Red Top Jersey Houlton Hebrons Houlton Rose East Swale Kentucky

Market Report From Truck Trade

The market is fairly supplied with dull trade. Prices include Marrow squash 25 a ton, Hubbard 35 per ton, Savoy cabbage 75 cents per barrel, cabbage 83 4s per 100 count, red cabbage 150 per barrel, onions 120-140 per barrel, Spanish onions 75 cents per crate, beets 40-50 cents per bush, carrots 40-50 cents per bush, lettuce 25-50 cents per dozen, turnips 40-0 per box, white French turnips 1 1 15, cauli flowers 2 per box, radishes 20 cents per dozen, celery 3 per box, parsnips 60 cents per bush, spinach 50-75 cents per bus box, Norfolk spinach 1 125 per barrel, parsley 2 50 per bush.

Hubbard Savoy Parsiey

Provisions Market Mixed as Chicago Delivers Wide Prices

Chicago opening quotes show mixed movements with pork and lard among the day’s active items. Prices pivot as December lard clears and broad market expectations hint at lower values ahead across provisions, while beef and other meats display steady or subdued activity in key hubs like New York St Louis and Cincinnati.

Chicago ARES Park Choice City New York City Continent South America St Lewis Cincinnati Brighton

Fruit steamers bring citrus cargoes to Boston

The Lorenzo D Baker is due with Jamaica fruit for the Boston Fruit Company. St Andrews Bay sailed from Messina with 4000 boxes Messina oranges, 3500 boxes Messina lemons, 8700 Palermo oranges, and 6700 Palermo lemons for Boston. St Bernard passed Gibraltar on December 16 bound for Boston with 7750 Palermo oranges and 8000 Palermo lemons. Naranja sailed from Palermo on December 13 for Boston with 5100 Palermo oranges and 4100 Palermo lemons.

Lorenzo D Baker Jamaica Fruit Boston Fruit Company St Andrews Bay Messina Boston St Bernard Gibralta Naranja Palermo

Florida Citrus and Fruit Auction Prices and Market Tone

Auctioneers FRUI H Harris & Co and Snow & Co report fruit lots offered and prices. Florida oranges and tangerines sell at varied per box and half box rates. Valencia and Almeria grapes, hickory nuts, and shellbarks listed with firm to dull demand. Market notes show dull demand, over supply, with steady to firm quotes across oranges, lemons, cranberries, and nuts.

H Harris & Co Florida Snow & Co Almeria Baldwins Tallman Sweets Messina Palermo Jamaica Virginia

Sugar and Molasses Market Report

Sugar raw sugars are firm with Cuba refining quoted at 415-16 5c and Manila varieties at 4 4%4c. Refining is steady with 96 test centrifugals at 644-6'2c. Javas Nos 10 to 11 quoted at 6 6 Ysc. Refined sugars are quiet with limited supply. pulverized 8c, powdered 8c, granulated.

Cuba

Also Mentioned on This Page

Eastan & Providence RL. Day & 60 State Street Adams, Blodget & CO Congress Street American Loan and Trast Company of Equitable Mortgage Company Broadway Phila., Cor 4Th & Ches’t Sts Devonshire St London England Boston Stock Exchange KE. & T. Fairbanks Co Reece Button Hole M. Co Con. & Mont Douglas County Kan Worcester Manchester Continental Mills Arkansas Valley Town and Land Co Davidson Invest. Co B, & Lowell RR Adin B, & Maine RR Newburyport Gas Lt. Co AISO Bunker Ilill Cyclorama Co Lncoln Nat. Bank Blackstone Nat. Bank Metropolitan Nat. Bank Nat. Webster Bank Gt. Falls Mfg. Co Cheshire RR Burton Stock Car Co McKay & Bigelow H. M. Asao Do. J Revere Beach & Lynn RR Adim Mich Cent’l RR Hky Order of Executor Lynn San Cleve Bridgewaters Water Co Socierville Horse Ith. Co Chicago & West Michigan RR Dwight Mfg N. Webster Bank Suffolk Nat. Bank Falls Mfg Jamilton Woollen Co Lowell Mfg Naurkeag Steam Cotton Co Gt. Falls Mfg Fitchburg RR. Co Columbus Ao Pacific Guano Vo Do Security Investment Co Eastman Freight Car Heater Co Simones Tolling Machine Co Showalter Mtg lJowa Lani Co Slaine Central RR OOO Emporia & So First N. Bank of Boston ALO Pemigewasset Valley RR Lawrence Gas Lt Boston Marine Lus. Co St. Paul Colorado & Cincinnati Midland Erie Terminal Trust Alton & Terre Haute Littleton & Franconia Railroad Littleton Ira Parker H. L. Tilton H. W. Priest Ww. Siehapason B. H. Corning Edgar ‘Aldrich F. Dow B. Horning F E. Goodell Henry Bingham Boston & Maine Railroad Corporation Wakefield Cleveland Cincinnati & Indianapolis Corbin Reading Coal and Iron Company Oregon Transcontinental Company New England Trust Company L. G W. ‘Mich Con D. D Wis Eik A K.C K. C St. L Mit Central N.Y N. E P. D.O Oregon Do Inc Sonora St. Jo. & GL Lst LDOE Atch To &S. Foss Atlantic Pacific Boston & Lowe Boston & Prof Cal. Southern Central of Mass Seeeer Canton CL & Sp Maine Central T& SF A& Pine Cob Ny& N Honotw UF Ambell Tel Lamson SS Boston Land Euston Diego Cauls Ke Fts & Gut Dobby Lou Bell M& M Col T Ee Eastman Lainson Aspinwall Newport Land West End B & Mont Tymarack Senor & Ae Ee Bos & Low Be&p Eee Neers O C&w M Seer Ee Cin, San & Clev Seer Cleve& Vcant Fitchburg Ok Allonez Arnold Atlantic Bonanza Devel’t Lys Butte & Boaton Outalpa A. Ener Huron Kearsarge Vere Natonal Osceola Neu Penavi Quincy Yamarack Ty Boothbay Hoston Rere Boston W. P Glyble Boylston Street Bysty Brookline Capobello Bay Newnport Laimoine Va Payson Enobscot San Diego Sete Jha Sullivan Sane Topeka West Ind Winthrop Wollaston Do. L Pace LDLO Sccvecenrece Miscellaneous Stock Exchange Wilson W. Fay & Co Santa Fe Poniae State Bank Washington Bank Shoe Tremont Bank Webster Bank Howard Bank Bowget Bank of Commerce Great Falls Mant. Co Seer Eens Amoskeag Mant. Co Natumkeag Steam Cot. Mills Bur. & Quincey Worcester, Nashua & Rochester Ee Ee Boston Gas Co McKay & Lige Feel, Mach Assae Lay State Live Stock Co Towa Railroad Land CO BU Pacific Guano CO Maine Chicago, Bar, & Quincy RR Portland & Kennevec Ie Ie Ing Ing. Sola T. Hees al. & Pacific Teenee Roch, & P Essere Pacific Central Iowa Central Pacific Ches Ohio Altoneces C., Srl. & Pevass Whee Eens Cleve. & Col Ous Chi. & E. Il Nel. & H del. & L Den R. G Eas Renn Seater Fort Wayne Hocking Valley E. al Houston Exaa Eter Tex L. Be Shore Long Island Lon N. Ee . Man Atin St. L Caine Asex Cis & Chait BOL Northwest Sb. i Niles Pittsburg Rock Island Rome Feener St P.M M. Ee Texac Pacific Tol. & O U. Vacille Utica & B. Eenene L. Eie Oregon Tinseeee Pacific Mail Union Conkiss Vesnes E Trans St. P Kan. P U. YP W. Cols W. Shora Jc. S Adams Wells Farg American Eee Amador Mutual S.d NEW York Financial California Alta Best & Belcher Te Ophir Potosi Savage Con. Cal Isterra Nevada Crown Point Gould & Curry Utah Hale & Norcross Nevada Mexican North Belle Isle Mono Steeene Boston Markets Vvccnene
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