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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 23, 1889

Page

6

Money Market and Stock Activity in Boston and New York

The money market remains dull with clearing house rates at 2 percent. General loans range 4 to 6 percent, call loans 2 1/2 to 3 1/2 percent. New York exchanges total 142,697,920 with large gains over last year. bonds show mixed moves and the Atchison stock attracts notable attention amid market chatter on railroad mergers and Treasury calls.

Dividends Declared by Mills and Banks Across States

The Massachusetts Cotton Mills and Pepperell Manufacturing announce per share dividends of 40 and 35 respectively. Laconia Company declares 12 per share. Iowa Loan and Trust and Globe Yarn Mills in Fall River announce 4 and 2 percent. Pavel Mills and Globe Street Railway of Fall River declare 2 and 142 percent. Illinois Central cuts from 3.5 to 2 percent semi annually.

Massachusetts Cotton Mills Pepperell Manufacturing Company Laconia Company Iowa Loan and Trust Company Globe Yarn Mills Fall River Pavel Mills Globe Street Railway Illinois Central

Bonds dated February 1 1887 secured by sinking fund

The bonds issued under the Eastern Railroad Company lease to the Boston and Maine Railroad Company draw support from a sinking fund. Interest and annual payments are operating expenses and first charges on gross earnings. The Moston & Maine line has paid dividends for 50 years, making the loan highly regarded for savers and investors.

Eastern Railroad Company Boston & Maine Railroad Company Moston & Maine Railroad

Auction Sales Continue with Diverse Securities

A lengthy listing details collateral and holdings including Rand Avery, Metrop. Bank, Manchester Mills, Concord RR, Hamilton Woollen, Worcester Nashua & Roch RR, Kansas lenders, and many railroad and mill-related bonds and shares. Notable entries include City of Decatur Illinois notes, City of Chicago and St. Paul bonds, Union Pacific and other rail assets, plus numerous mills and banks.

Bunker Hill Creo Co Reece Button Hole M. Co Rand Avery Oe Metropolitan Nat. Bank Manchester Mills Third Nat. Bank Concord RR Hamilton Woollen Co Worcester Nashua Consol RR. of City of Decatur Ill M. la Chigago City of St. Paul M. L City of Toledo Con Mont

Auction Sales and New York Stock Transactions

Auction sales slated for Wednesday January 28 1889 include Wachusett National Bank Fitchburg Clinton Mills Lowell Manufacturing Co Suffolk Tistant Invest Co Washington National Bank Neptune Fone Insurance Co Prescott National Bank E Howard Water and Clock Co and multiple others. Also listed are Sag Valley and St Louis Railroad City and Southern Western Railway Lombard Investment Co debenture Ness County Bank and Boston and Lowell Railroad shares. New York Stock Sales on January 22 report total activity of 197 500 shares with opening high low and closing prices and a link to yesterday's close.

Boston Revere de Lyverett Mills Michigan Cent New Haven & Derby RR Guardy New Haven Ogdensburg & Lake Champlain RR Providence W. L AISO Naumkeag Storm Cotton Co Boston Tow Koat Co Mower Pan Cable RR Kansas City Suffolk N. Bank Hide and Leather N. Bank Slackstone N. Bank Natl Webster Bank Boston & Maine RR. Co Old Colony RR. Co Merrimack Mfg. Co ALOBS Flrat N. Bk Chelsea N. City Sk King Philip Mills Shetucket Co Norwich Cleveland & (Anton RR Chicago & West Michigan RR. Co Metroolitan St. RR Naumkeag Steam Cotton Co Merchants’ N. Bk Oga. & Lake Champlain RR Wachusetts Nat. Bank Fitchburg Mass Clinton Mills Lowell Mfg. Co Globe Button Hole M. Co Suffolk Tistant Invest, Co Washington Nat. Bank Neptune Fone Ins. Co Prescott Nat. Bank Lowell E. Howard Wate and Clock Co Market Nat. Bank Shore and Leather Nat Hide and Hanttat Bank m_s Central Nat. Bank Citizens’ Bank of Wichita Kan Arlington Mills Everett Mills First Nat. Bank Aransas Valley Town and Land Co Sag. Valley & St Louis RR Ist Mans City & So. Western KR. Inn Lombard Invest. Co Sui 1893 Ness County Bank of Kansas Boston & Lowell RR New York

New York Markets End Week With Mixed Yet Quiet Trading

Money on call remained easy at 1.2 to 2 percent, last loan at 2, and closing at 2 percent. Sterling exchange steady with actual business at 4.86 sixty day bills and 4.88 demand. Government and railroad bonds dull but firm. Stocks showed firmer early tone led by Atchison, then drifted down with heavy last hour selling. Canada Southern weakest, Wabash and Gulf Colorado Santa Fe strength noted, Green Bay firsts down sharply.

Boston New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Secretary of the Treasury Reichsmarks Forins Heidelbach, Ickelheimer & Co Shorts Atchison Ono Gould Missouri Pacific van Hoffman & Co Goldschmidt Bears Atlantic & Pacific Chicago, Kansas & Western Sonora California Southern Uthern Kansas Gulf, Colorado & Santa Fe Atlantic Pacific Chicago, Burlington & Quincy Burlington & Northern Chicago, Burlington & Usney Chicago, Kansas & Nebraska Rock Island Morton Union Pacific Summit Branch Lykens Valley Detroit Pullman Atchigan Llman Ullman Atchison Road Strong Mr. Pullman Baltimore & Ohio Union Palace Richmond Oregon Hort Line Cincinnati, Sandusky &Leveland Cleveland & Canton Chicago & West Michigan Mexican Central Securities Sterling Exchange Canada Southern Dulness Atchison and Lackawanna Wabash West Shores Green Bay

Financial Market Brief London Paris and Bank of England Actions

London prices show Consols at 9813 16 for money and 9816 16 for the account. Atlantic and Great Western firsts 35 1 2 percent, Erie seconds 104 1 2, Illinois Central 117, St Paul common 66 56, Reading 24 1 2, Mexican Central firsts 71 4 4. Money 144 per cent. Bank note bullion withdrawn today totals £4000. Paris 8 percent rentes quoted at 82 francs 97 42 centimes against account.

London Atlantic & Great Western Erie Illinois Central St. Paul Paris Bank of England

Commodity Market Wrap: Steady to Quiet Readings Across Goods

The market shows mixed tones with flour and oats firm or quiet, corn steady, rye dull, potatoes in fair demand, poultry active, butter and cheese firm, pork and corned beef steady, fresh beef slow, and various grains and fibers ranging from dull to firm as buyers and sellers hold prices in a cautious balance.

Grain Market Drops After Heavy Selling Pressure

Chicago Wheat weak after Bloom liquidated holdings and large locals pushed shorts. Corn and oats followed weak trend with ample longs to liquidate. New York and St Louis futures show mixed bids, with cash prices drifting lower across grains.

Vane New York St Louis

Lumber Market Steady with Mixed Regional Movements

The lumber market shows quiet but steady movement with a generally fair supply and steady prices. Eastern and Northern lumber move slowly at prior quotes, spruce remains firm due to small supply, and hemlock movement is good with steady pricing.

Timber Market Report Shows Steady Demand and Varied Prices

Receipts remain small while demand strengthens for cheaper Western pine and most hard woods. Walnut and chestnut hold firm prices. hemlock boards and shingles show varied values. Detailed sample prices cover pine, spruce, cedar, laths, and hardwoods across regional grades and lengths.

Pennsylvania Canada Indiana Vermont

Flour and Grain Prices and Market Summary Today

Domestic flour quotes show dull demand with prices ranging from 2.60 to 7.10 per barrel for various grades, while New York receipts include 25 582 packages and 11 887 sacks. Wheat and corn markets vary by city with steady to lower tones and mixed futures, and butter eggs and beans show firm to steady trends across Western and Eastern markets.

Grain and flour market dullness with mixed bid quotes

Trade across multiple grain markets shows dull to firm activity. No 2 white oats in Chicago quoted 28 2c, rye nominal in New York and St Louis. flour markets quiet to moderate with wholesale rye flour at 350 400 per barrel and graham flour at 340 375 per barrel.

Blvtevue Chicago St Louis Toledo Baltimore Philadelphia Yao Milwaukee Detroit New York State Western Peoria Canada Michigan Bush Choice

Fruit Quotations Hold Steady Amid Quiet Trade

Apples show no improvement and trading remains at old prices with various cultivars listed from Hubbard to Tallman sweets and Baldwins. Grapes are scarce with firm prices, oranges and lemons ample with steady movement and multiple regional quotes including Messina, Palermo, Valencia and Florida varieties.

Hubbardstons King Baldwins Tallman Sweets Messina Palermo Florida

Also Mentioned on This Page

Guadalajara San Luis New England Old Colony Boston & Albany Central Massachusetts American Bell Company West End San Diego Land Sullivan Frenchman’s Bay Lamoine Land Boston & Montana Calumet & Hecla National Santa Fe Kearsarge Huron Boston & Maine Railroad CO Massachusetts Savings Banks Blake Brothers State St Brewster, Cobb & Estabrook Congress St Boston Stock Exchange T&s Is & W Uo. Inc Bbst Eenree Nm.&s Pac Lainson Brookline Land Ea Ek Frenchiman’s Bay Laimoine Pee Eewe Newport Enee Bly Ban Eneee West Ind Sullivan Harbor B & Mont Coprer Eeve Butte & Boston Eee Ee Cal & Hec Sneer Ae Napa Tamarack Re BR Cley & Canton Kbd &C Ny&nets Aspinwall Frenchman's Bay San Diego Aunt Borsois Hec Franklin I National Osce A& H&a Cb &Q C &W M ATS SF Nod Conn & Pass Fitchburg Ptd Ee Og rFa&e NY &Ne Allomez Ceeeeeee Tseteeres Aly Roc Arnold Atlantic Eeeetteee Bonanza Devel’t. Eeeeesee Ile Ling B. & Mont Ceebeneres BUY Sutte Cal Hecla Central Ironton Koaarsal Fe Cessseeesseens Ee Rese Oscoedia Eens Boylston Street Terookliné Ceaseeseeees Campotello Weer Bay Maverick Topeka Eeetee Winthrop Wollaston Eeee L. G At. & Pac Kan. & Vos C. & W. Mich D.D K.C M. Gs E. & St. le Lm Do Inc N.Y. WN P. D.O Oregon L. S L. C. Con Pueb A. VY Littlo Wis Sea Atch Steerer Boston & Lowell Boston & Maine Boston & Prov Ri Voc Sp. & Cin Det L. & Nevevacesves Ces Neue Secons Flint & P Ft. S.& Gulf MOM Tee MT Maine Central N.Y Eeeseeves Ks Rutland Eeeweeee West End Press Wisconsin Central Am. Bell Ceeevesvecess Ccs Eastman Car Heater Lamson Store Ser. Co Pullman Palace Car Co Connecticut River Farmers’ Loan Showalter Mortipane Franklin Co Continental Mills Newmarket Mfg Hamilton Woolen Lowell Hosiery Co Naumkeag Steam Fitchburg RR Old Colony RR Northern RR N.F Rutland RR Oriental Coifes House Co Farmers’ Loan and Trust Co. of Kansas Nanmkeag Steam Cotton Co Suffolk Cordage Co Union Pacific, Lincoln & Chore Marion & McPherson RR Porteon Gt Falls & Conway RR Merchandise N. Bank Quincy RR. Bridge American Insurance Concord RR. Co Chicopee Mfg. Co do_ Suffolk Cordage Co Huntingbergell City & Cannelton RR Louis Evansville & St. Louis RR Chicago, Burl Orthern 1 & Lynn RR. Co Ing. Est Est Inc. Ink. U Peciis Eee W Enner L. E Ants D RK. G L. A I. Ee Eh. Ry . P St. Pe St. Pr. C P. Kan Lata Don N.J.C. Int Lom Ty N.P Tex. P. R WN. W. Gous U, Pac Shore Adams American Weils Fargo Amador . Aw Beeenast Bedie Mut Builion jOntario Col Chis Plutus Col Quicksilver Isilver King Dorkin Vas Tenn Ahi Hock U. Copper Ange Earma ERAN Wilson W. Vay & Co State Street Burton Stock Car 9 Co Boston Water Thomson-llonston Elec Pvereseeves McKay Heeling Eater Eastman Car N. K Owen Ae Ing Te 'S Pacific Air L. Tel Ese OL Bes Roc Gude &N Canton Central Lowa Central Pacific Ches Ohio Chi Alton St. L H. Penani Giev Col Enone Pat del Db L den. & R East Tenn Witels Gélwesten Sole Port Wagnes Houston Texas Tex Pem L. E . Seer Lake Shore Long Island Anne St. Deess Ee Sa Pacific Nash, & Chat L Ji, Cent Eeas Ethicaee Northwestern N. Y Fee Ohio & Miss Osee Oregon Esas Pittsburg Ser al. Oo Aus St. L. M Texas Pacific Boys Q Tol O. C NEW York Financial California Alta Hest & Belcher Potosi Savage Sierra Nevada Crown Point Union Con Csee Eureka Con Utah Aes Gould & Curry Yellow Jacket Alale & Norcross Bye Commonwealth Nevada Queen Teeers North Bele Isle Mount Wo Foreign Financial Markets Bankers & Commission Washington SI Farnum, Reardon & Co Bloom C. Williams & Co James & Abbot Liberty Square John E. Welsh Mark&yes Minnesota Canada Superior Canada Roller City Southern Minneapolis Northern Duluth Elgin Eastern North Liverpool New Hampshire York State Timothy West Jersey Houlton Hebrons Houlton Rose Chenangoes Nova Scotia New Brunswick Hebrons Rose Burbanks CS. Williams & CO Congress Street Devonshire Street Congress Square War House Lynn Mower’s Block Grain and Petroleum
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