Money Market And Boston Bank Statement Review
The month opens with easy money. banks discount mercantile paper at 5 percent and 4 1/2 to 6 percent for others. Call loans with collateral at 4 to 5 percent. corporation notes 3 to 4 percent. Wednesday holiday delays payments. New York funds and gross exchanges reported. Boston bank statement expected favorable with reserve gain of 388000, while government securities unchanged. Stocks dull but firm. rail and telephone shares mix with Union Pacific weak, Denver and Rio Grande rising, Boston and Albany advancing. New England Telephone to consolidate with regional exchanges into a single company under American Bell. dividends projected at 6 percent. Foreign commerce comparisons show higher imports, lower exports vs 1882.
MENTIONED IN THIS ARTICLE
Corporation
New York
Western Railroad
Atchison, Topeka and Santa Fe
Atchison, Denver, Chicago, Burlington and Quincy
Union Pacific
Chicago
Burlington and Quincy
Boston Ledger
Stock Ledger
Little Rock
Fort Smith
Toledo
Cincinnati
St. Louis
Denver
Boston
Albany
Old Colony
Providence
Mexican Central
Atchison
Rutland
Bell Telephone
New England
Transcript
Lowell People
Boston Exchange
American Bell Telephone Company
New England Telephone Company
Boston and Northern
Bay State
Quiet market keeps prices easy across flour and grain
Wheat flour options waver, flour trade weak with small Lot sales. Cornmeal, oats, rye and barley show modest price shifts amid dull trade. Butter cheese eggs mixed but softer. beef and pork prices unsettled. Fresh fruits, vegetables and hay show weak to steady demand. tropical fruits steady as 4th demand fuels activity.
MENTIONED IN THIS ARTICLE
Minnesota
St. Louis
Illinois
Indiana
Ohia Do
Michigan
Canada West
Boston
Western
Philadelphia
Palermo
Messina
Valencia
Liverpool
New York Financial Roundup July 2 Market Movements
New York reports on money on call at 2 3 percent, mercantile paper 4 6, bar silver at 1104, foreign exchange quiet, government bonds firm, railroads steady. Stocks closed firm after morning rise, with Jersey Central up and Western Union slipping on Hatch Williams ruling. overall declines in most active shares, with mixed results in specialties and mining. Total June treasury warrants payments amount to 12,192,182 dollars. stock exchange transactions reach 91,000 shares.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Jersey Central
Omaha
Harlem
Metropolitan
Milwaukee and
St. Paul
Illinois
Soment
Freeman
Hatch-Williams
Western Union Company
Western Union
Shorts
Song Island
Denver
Missouri
Pacific
Northern Pacific
Aiton and
Terre Haute
Chicago
St. Louis
Pittsburg
Pacific Mail
Pullman
Richmond
Allegheny
South Carolina
Consolidated Virginia
California
Seonora
United States
The
Stock Exchange
Imports at Boston Savannah Steamer City of Columbus 100 bales cotton
A detailed list from Boston and Halifax shows cargoes including 100 bales cotton for the Leyland line on the City of Columbus, several dozen packages of rosin and turpentine, lumber, hides, wool, rice, and other goods from various firms. Halifax entries include eggs, lobster, potatoes, salmon, and coffeehouse wares from multiple merchants. London items list iron bars, wool, leather, paper stock, wine, tea, and oil shipments, with substantial totals and diverse consignors.
MENTIONED IN THIS ARTICLE
Savannah
Columbus
Cotton Leyland Steamship Line
Boston Duck Co
M Weld & Co
Hall & Co
Prince & Co
Holcomb
Moise Rand, Avery & Co
Wright, Wooster & Co
Bernd Bros
E Jewell & Co
Billings & Eaton
Ross, Turner & Co
J ‘Tufts
L. B Adams
Lowell Machine Shop
Smith Manusco
Wait & Bond
Luce & Manning
Halifax
Steather Worcester
Allen, Slade & Co
Arthur & Co
DeLorcia
Butler, Breed & Co
Bowles & Co
Cotton & Co
Chapin Bros
Delong & Seaman
Griffin & Co
Hodsdon
Hutchinson
Amos Keyes & Co
Mead
Dodo Rockwell Bres
Sanborn & Co
Salmon Brown, Seavey & Co
Burt & Henshaw
Brady
TJ Jones & Co
London
Eng
Newcastle
Glass Heyer Bros
Murphy & McCarthy
Boston Dyewood and Chemical Co
Iron Brown Bros & Co
Lundberg
Lovering & Co
Ries & Co
Sayles
Maren & Co
Moors & Col
Greenlieaf & Co
Debt and interest totals from bond issuance records
Summary of outstanding bonds with interest rates and principal totals, including 5 percent and 3 percent series, 8 percent and 4 percent series, plus defunding certificate and navy pension fund items. Also shown are total principal and interest, debt with no interest, and cash equivalents such as certificates of deposit and currency, with adjustments for estimated losses.
MENTIONED IN THIS ARTICLE
Scseeeseeeseeeseeees GU
Eeseees
Weiner
Navy Pension Fund
Foster
Value by Countries
A fragmented table lists countries and territories with value figures. Notable entries include Danish West Indies 4,903. Scotland 200,128. British possessions in Africa. United States of Colombia 1,405,166, among others. The OCR is garbled with repeated letters and stray strings.
MENTIONED IN THIS ARTICLE
WGA
British West Indies
Africa
Dutch Guiana
Denmark
United States of Colombia
Receipts of Staple Products by Railroad and Sea
A lengthy list of shipments across multiple railroads and seas outlines quantities of wool corn meat and dairy goods, leather and hides, and various bales sacks and cases. Entities include Lowell Maine Fitchburg Grand Junction New York and New England Old Colony Boston and Albany Providence and Boer and Salem Expresses. Data spans July 2 figures such as 96 bales wool 2500 bus corn 125 bbls flour and similar tonnage for many carriers.
MENTIONED IN THIS ARTICLE
Liverpool
Eng
Parthia
Glasgow
Demerara
Arlington
ST Johns
Coils Co
ST John
Fredericton
Yarmouth
New Brunswick
Lowell Railroad
Maine Railroad
Fitchbure Railroad
Eastern Railroad
Grand Junction
Boer and
Salem
New York and New England Railroad
Old Colony Railroad
Boston and Albany Railroad
Providence Railroad
von Bus
Cotton Markets and Grain Prices Across Cities July 2
Market reports show quiet cotton trading with mid to high 9 15-16c ranges in several ports, gray receipts varying by location. New York, Chicago, and Detroit marked mixed grain movements with flour and corn values steady to firmer, while hogs and pork faced uneven pricing amid light export demand.
MENTIONED IN THIS ARTICLE
Toledo
Pemce
Tom Shipcole
New York
Poe
Cincinnati
Detroit
Wheat cargoes on passage heavy in London market
London reports at 12 30 PM indicate floating cargoes of wheat are very heavy and common, with offers noted for cargoes on the passage. Merchants exchange records reflect active trading and price signals in the wheat market.
MENTIONED IN THIS ARTICLE
London
Beerbohm
F Exchange
Suffolk County Transfers Summary of 1883 1888 Real Estate Deals
Suffolk County transfers list numerous property moves across Boston districts including Roxbury Dorchester East Boston and Charlestown. Highlights include Franklin Savings Bank sale to John Carlton and mass hospital life insurance mortgage relations, with multiple quitclaims and conveyances dated 1883 to 1888, plus an auction note for 3 story brick house No 3 North Grove Street sold for 3125.
MENTIONED IN THIS ARTICLE
Washington and Arnold Street
L. Spokesfield
Henrietta Paige
Roxbury Institution
Claremont Park
Franklin Savings Bank
John Carlton
Bank
Carlton
Huntington Avenue
Hammond Street
Nathan Matthews, Jr
Albert Matthews
Chelsea
Purchase
Congress Streets
Frederick H. Bond
Henry Bond
Massachusetts Hospital Life Insurance Company
Dartmouth Street
Harriet F. Lauriet
J. Heber Smith
Charles E. Lauriet
Harrison Avenue
Clarence E. Woodward
Clarissa E. Woodward
Sylvester Bowman
Bowman
Tyler Street
Eben R. Butler
Sidney F. Squires
Sophronia F. Squires
Beacon
Exeter Street
Edward Henshaw
George E. Niles
John W. Beals
Hammond Park
William H. Wallen
Josephee
Spring
Hart Streets
Prospect Avenue
J. Anson Guild
John J. McSheehey
Centre Street
Sheridan Avenue
Andrew Cassidy
Loring N. Downs
Brook Street
Roslindale
John Gaffney
Catherine Gaffney
Keyes
Starr Street
Nicholas Garrity
Ferdinand Keiley
Beethoven Street
Hannah Nickerson Et al
Boston
Five Cents Savings Bank
Oylston Avenue
Jamaica Plain
Francis A. Beal
Andrew McLaughlin
Poplar Street
Mary W. Whittemore
Abbie H. Otis
Washington Street
Avery
Ira L. Moore
Suffolk Savings Bank
Adams House
Sheefe Street
Thomas Weir
John J. McCatferty
North Anderson Street
Sarah L. Adams Et al
T. Gordon Colt
Fairfield Street
Daniel C. Rowlton
Provident Institution For Savings
Phillips
Grove Street
Chas. F. Perry
Adelaide L. Kittredge
Hayward
Chickering Places
George W. Thym
Otis Norcross
Sullivan Bros. & Libby
North Grove Street
W. Marshall
Suffolk
Mae
Dennis O’brien
Shawmut Avenue
Middlesex Street
Martin Hayes
Mary A. Johnson
Chapman Street
O'Brien
O’brien
Mason's Block
M. M. Weston, Esq
Exchange Street
Central Vermont Wins Suit Over Montpelier and Wells River Rail Routes
The Vermont Supreme Court in Montpelier upheld a commissioners award requiring Wells River to resume the Saratoga and White Mountain service and to connect with Central Vermont trains. It fixes through passenger handling, pro rata earnings arrangements, and a minimum payment per transported passenger, with monthly settlements and a $10,000 surety bond. service to start July 8 and run through September 20. The decision confirms through routes and tariff connections for summer tourist traffic between Saratoga, Montreal, and the White Mountains.
MENTIONED IN THIS ARTICLE
Supreme Court of Vermont
Journal
Montpelier
Royce
Central Vermont Railroad
Montpelier and
Wells River
Saratoga
Montreal
White Mountains
Wells River Road
White Mountain
Sara
Vermont
Central Vermont
Central Vermont Company
Court records from Superior Criminal Court July term
Judge Aldrich presided as a new grand jury was impanelled and will report soon. Sarah Merrill was sentenced to one year in Sherborn reformatory for being a common nightwalker. Ellen F. Tower pleaded note to threats against Harriet Sands. case placed on file on costs. Jail report lists 137 prisoners at Charles Street jail with various charges and statuses.
MENTIONED IN THIS ARTICLE
Sarah Merrill
Sherborn Reformatory
Ellen F. Tower
Harriet M. Sands
Charles Street
Probate Admits Wills and Admins for Local Deceased
Judge McKie approves wills of John Rh Easton Mary C Bickner Hannah C Porter Thomas Bacon Richard W Robinson Andrew Gallagher Joseph F Caine. Administrations opened for Sarah M Libby James F Eustace Charles F Hodgkins John K Bird Sarah Rice Joseph W Colburn John Gove Robert Povah John O Brien Sarah Cole Mary Gove Bernard Doherty. Municipal Courts report July 2 under Judge Churchill with multiple arraignments fines and bails including house of ill fame violations larceny assault burglary and drunkenness in various courts. Notable cases include Patrick Mahoney and Henry Jones held for trial upstairs and Thomas McGuire with Thomas A Brady held for superior court.
MENTIONED IN THIS ARTICLE
Charles B. Cory
Sinietay
McKay
Josep
M A. Pickett
Charles A. C Gz
W c Et al
Samuel Rice
Ainsley R. Hooper
Charles R. McLean
John H. Ratcliffe
Navy
Francis Leeds
Catherine Ones Et al
Waltham National Bank
Waltham Savings Bank
John Murphy
K. Williams
Thomas D. Osborn
Alpheus M. Stetson
Joseph DeLuce Et al
Frederick H. Flynn
Amasa Harmon
Massachusetts Society For
Michael J. Gallagher
Michael Cummings
Translinger
William I. Bowditch
South Boston Savings Bank
Alice
Wheeler
Pedora E. Dunham
Dorothba Gundelach
Meta Jansen
John E. Wasserboehr
Jesse Tirrell
William W. Manning
William Bunton
Henry D. Elting
Kate
Martin Glennon
Lizzie E. Holt
James Norton
Churchill
Ma Sweeney
Peter O’brien
Louise Wentworth
Ann Gettings
House of Industry
John Golden
Andrew Schofield
Thomas McGuire
Thomas A. Brady
Superior Criminal Court
Thomas Pollard
Patrick Mahoney
Henry Jones
George Landers
Brighton
William E. Coggir
Cochitate
Charlestown
Jeremiah Quinlan
John Farnum
Lewis
Farnum
Quinlan
Highland Court
Patrick Hoar
Massachusetts military moves and veteran events announced
On July 7 Gen Dalton will muster a new company at Malden attached to the eighth infantry designated as company L. H P Ballard, longtime Second Cadets member, may be elected captain. The Salem Light Infantry of the eighth will be renamed company L. Company FE of the ninth Montgomery Light Guard will visit the Emmet Guards and form a Light Infantry at Worcester. The Maine Veteran association of Massachusetts meets July 11 at 71 73 Portland St Boston to elect officers. A Mexican War reunion is set for Nantasket Beach July 19, marking the 35th anniversary of the regiment’s return home. Special orders discharge James Boyd of the sixth infantry and drop deserters from the ninth and company B and G.
MENTIONED IN THIS ARTICLE
Portland Street
Boston
Massachusetts
Fotel Nantasket
Nantasket Beach
Adjutant General’s Office
James Boyd
Sixth Infantry
Ninth Infantry
Johnny
John McCarthy
John J. Ryan
W. H. Fitzgerald
Sawyer nomination to state board withdrawn
The nomination of Benjamin A. Sawyer of Duxbury to the state board of health lunacy and charity has been withdrawn. The legislature will have a busy time this week with vetoes on the tax bill and the Shanly resolve and a special message on adjournment. The Tewksbury investigation continues as scheduled Monday Tuesday and possibly Friday and Saturday.
MENTIONED IN THIS ARTICLE
Benjamin A. Sawyer
Duxbury
State Board of Health, Lunacy and Charity
Tewksbury
Patent medicines claim rare cures in old promotional piece
An advertisement extols St Jacobs Oil for horse ailments used by horsemen and stablemen to kill pain while claiming Ayer’s Sarsaparilla cures scrofulous taints and imperfections through its "radical" effects.
MENTIONED IN THIS ARTICLE
St. Jacobs
Ayer
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