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