Money Market and Bank Briefs From Boston July 9
Boston financial news shows an opening money market easier, with time paper 4 to 6 percent and call loans around 4.5 percent. Clearing balances hovered near 4 percent while New York funds traded at 10 to 15 cents per $1000 discount. The government securities market remained quiet. U S Treasury totals are listed, and new bond offerings totaled $119,000 with several redemptions at 107 to 107 1/4. The Boston bank statement reveals a adverse reserve balance with declines in loans and deposits, and a reduced surplus of $540,228. Local markets opened strong then fell after B Q strike fears, finishing dull with total bond sales of $87,585 and 14,656 shares traded. regional notes include railroad and mining stocks, with Atchison and various western rails notably active.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
Telegraph
Orleans
Bank
Charleston
Savannah
United States
National Bank
Secretary of the Treasury
Inc
Irving A. Evans & Co
East Middlesex Morse
Atchison
New York Stock Exchange
Atchison, Topska & Santa Fe
Burlington & Quincy
Urlington & Northern
Newark
St. Paul
Chicago, Burlington & Northern
Chicago, Burlington & Quincy
Flint & Pere Maronette
Kansas City
Boston Land
Frenchman’s Bay
Lamoine
San Diego
Bar Harbor
Sullivan
West End
Topeka City Railway
Lake Superior Copper Companies
Calumet & Hecla
Allonez
The
Marquette Journal
Allouez
Boston & Montana Copper
Tamarack
Osceola
Quincy
Franklin
Copper Falls
North Star Mining Company
North Star
Grass Valley
Col
Idaho
Empire
James D. Hague
Hague
Laidlaw & Co
William N. Olmstead
New York Stock Board
Dividends Declared by Several Banks and Companies
St Johnsbury and Taunton banks declare semi annual dividends ranging from 2 to 3 percent. The Boston Land Company posts a 24 percent dividend payable August 1 to holders of record July 26. Central Kansas Loan and Trust pays 5 percent semi annually, with July 1 declaration. American National Bank of Kansas City declares 4 percent semi annual dividend payable July 1.
MENTIONED IN THIS ARTICLE
St. Johnsbury
First National
Merchants’ National
Citizens’ Savings Bank and Trust Company
Passumpsic Savings Bank
Taunton Savings Bank
Boston Land Company
Central Kansas Loan and Trust Company
American National Bank of Kansas City
Williams & Co Auction List At Boston Stock Exchange
Auction set for Wednesday July 11 1888 featuring numerous shares and bonds from Holliston Nail Bank to City of St Louis and other large issues. Includes note no sales on Saturday until further notice and a New York stock sales summary for July 9 with totals and price ranges.
MENTIONED IN THIS ARTICLE
Holliston Nail Bank
Holliston, Mass
An TauallaMfa F'N
New York Financial Market Summary July 9
Money on call easy at 1 to 1 percent with last loan at 1 1 4 percent. Sterling at 4.86 for 60 day bills and 4.88 for demand. Government bonds dull and steady. Rail bonds quiet. Stock market dull after 2:15 with near lowest prices at close. Railroad bonds active with $1,469,000 in sales. several issues show fractional gains including Burlington & Quincy, St Paul Wisconsin & Minnesota, Evansville & Terre Haute, New Orleans & Mobile, Minneapolis & St. Louis, Peoria Decatur & Evansville, and Iron Mountain Arkansas branch.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
S. Sterling Exchange
St. Paul
Reading
Texas Pacific
Burlington & Quincy Towa
Wisconsin
Minnesota
Evansville
Serre Haute
New Orleans & Mobile
Minneapolis & St. Louis
Peoria
Decatur
Iron Mountain
Arkansas Branch
Market closes with varied British and Canadian stock quotes
London reports mixed prices as Atlantic & Great Western inch up to 35 percent and Canadian Pacific at 68 percent while Erie touches 25 percent. Erie seconds show 9742, Mexican ordinary 41 percent, Pennsylvania 54 percent, Reading 30 percent. Money rate 11 and four percent. Open market discount for short and three months bills at 1 4 percent. Bullion balance at the Bank of England adds £71000.
MENTIONED IN THIS ARTICLE
London
Great Western
Canadian Pacific
Erie
Pennsylvania
Bank of England
Real estate transfers in Suffolk County Massachusetts
Listings show numerous June transfers across Boston areas including Portland Centre Tremont Waltham West Roxbury and Dorchester with buyers sellers and prices such as $1 one dollar and larger sums. Notable deeds include Mary Jane Smith to Nathan Waxman and Eliza Snow to Matthew E. Nawn along with several parcels mortgaged or transferred to trustees and back. June dates range from 8 to 9 and involve multiple streets and streetside lots.
Mortgage transfers on multiple Boston area streets
A string of June mortgage filings lists William H Adams to William M Bates on Isabella street for 8000, Matthew E Nawn to John J Merrill on Centre street for 1200, James Sweeney to East Boston Savings Bank on Summer street for 1200, Thomas R White to Central Savings on Caledonia street for 13000, Rufus H Spalding to John O Bullard on Springfield street for 1000, Martha M Rowell to Workingmen's Cooperative Bank on Park street Dorchester for 2000, Heinrich Hafner to Otto Kramer on James street Roxbury for 1500, James M Simpson to Guardian Cooperative Bank on Falcon street East Boston for 500, Alexander H Clapp to Guardian Cooperative Bank on Stanwood avenue for 2000, Benjamin Rice to Franklin Savings Bank on Warren street for 3000, and Thomas H McWilliams to Provident on Fenno street for 1200. Each entry covers a mortgage on land and buildings with June dates.
MENTIONED IN THIS ARTICLE
Portland Street
Mary Jane Smith
Nathan Waxman
Centre Street
Eliza A. Snow
Matthew E. Nawn
Tremont Street
Sarah C. M. Lovering
Frank W. Weston
Warren Sherburne
Waltham Street
Henry J. Weil
Augustus Abrams
West Roxpury
Henry E. Gardner Et al
Catherine Breen
Gardner Street
Clarence H. Denny
Andrew J. Robinson
Bellevue Street
Mary C. Blakemore
Edwin C. Johnson
Curlew Street
William N. Irving
Dennis A. Reardon
Frederick W. Freh Et al
Bower Street
George Curtis Et al
John May
Franklin Place
James K. Billings
Dorchester
Lydia H. Austin
George H. Hobson
Victoria Street
George Derby Welles
Henry S. Babbitt
Clifton Street
Martha T. Gould
Boston
Hertz Gunzenheiser
Meyer Berman
Decatur Street
Jeremiah Grady
George W. Russell
Border Street
Alliston
Frank_E. Kidder
Charles A. Kilham
Linden_ street
EricaTon
Benjamin Rice
Edwin A. Stone
Warren Street
National Market Bank
Adelaide A. Hewitt
Riverdale Street
Louis Boston
Jherome
MacDonald
Jeremiah J. Collins
Second Street
South Boston Savings Bank
William H. Adams
William M. Bates
Isabella Street
John J. Merrill
James Sweeney
Boston Savings Bank
Nhe
Summer Street
Thomas R. White
Central Savings Bank
James Street
Roxbury
James M. Simpson
Guardian Cooperative Bank
Falcon Street
Alexander H. Clapp
Stanwood Avenue
Benjamin Rice Et Ax
Franklin Savings Bank
Thomas H. McWilliams
Provident Cooperative Bank
Fenno Street
Trade association listings from major firms across six states
A compiled register of prominent merchants and agents including J E Carlton of McKeldin Carlton in Baltimore and B Bangs of Bangs Bard Co, with names such as G W R George, E D Nixon, M F Steich, J Rosenweig, L J Goetter, S J Thomas, J A Fields, M Heller, J Martin, and J H Schafer among others. Entries note firms, cities, and firms' associations across Maryland Virginia Texas Mississippi Missouri and Illinois.
MENTIONED IN THIS ARTICLE
Baltimore
Bangs
Bard & Co
Tre
R George
George & Co
Nixon
Alinat
Nixon & Goldsborough
Chicago
Columbia
M McCreery, McCreery & Bro
Columbus
Miss
J Rosenweig
Montgomery
Ala
L J Goetter
Goetter, Well & Co
H Marcus
Norfolk
S J Thomas
S J Thomas & Co
Penn
J A Fields
Austin
Fields & O
Richmond
M Heller
Heller & Co
San Antonio
Tex
J Martin
Market Report Shows Mixed Commodity Movements Across Staples
Flour remains quiet while corn and oats firm up. Cornmeal and oats steady, rye firm, and rye flour quiet. Butter and cheese hold steady, eggs rise, potatoes fall, hay steady in demand. Oranges firm, lemons in fair demand, pork steady, lard strong, beef quiet with fresh beef higher. Poultry flat, mutton firmer, veals in fair demand, truck active, raw sugar very firm, refined sugars higher, molasses quiet.
The Chicago Markets Crowded by Wheat and Hog Reports
Wheat opened strong on reports of rainfall damage to recent harvests. prices fell late as traders anticipated a weaker market after a government crop report. Hogs showed varied receipts and pricing, with light to heavy weights recorded and futures reflecting recent volatility.
MENTIONED IN THIS ARTICLE
Farnum, Reardon & Co
Hutchinson
Cede
Seveerescape Ven
Eb Bree
Sais
Ees Ark
London Wool Sales Show Firm Demand Across Regions
London wool sales July 9 report firm demand with 13 408 bales offered. Victoria led with 2 700 scoured bales at various prices, NSW 1 700, Queensland 200, South Australia 2 000, New Zealand 6 100, Cape/Natal 1 000, and Algerian 60. Withdrawals total 12 000 bales to date.
MENTIONED IN THIS ARTICLE
London
Victoria
New South Wales
Queensland
South Australia
New Zealand
Cape of Good Hope
Natal
Cheese Market Sales Report From Utica and Little Falls
Cheese sales in Utica show numerous lots priced from 83 1/2 to 9 1/4 cents with commissions and private terms. Butter sales at Little Falls include creamery and dairy packages, with prices ranging around 17 to 19 1/2 cents.
MENTIONED IN THIS ARTICLE
Utica
N. Y
Eee Little Falls
Freight Rate War Signals End Near as G T Pulls Out
Grand Trunk resumes 80c dressed beef rate next Monday signaling the war’s near end. Dressed beef drops to 30 a car from 110, causing heavy losses to railroads. Linseed oil and bone rates fall from 30c to 20c from Chicago to seaboard. Erie lowers dressed beef again to 13c, with Pennsylvania and Vanderbilt matching.©
MENTIONED IN THIS ARTICLE
Grand Trunk
Chicago
Seaboard
Erie Railroad
Pennsylvania
Vanderbilt
Missouri River
Market Report Shows Mixed Wheat Prices and Steady Trade
Wheat and grain markets across Chicago St Louis Milwaukee New York and Detroit show varied quotes with No 2 red No 2 spring and No 1 hard wheat firm to higher on some futures while spot demand remains modest. Receipts and exports shift with markets described as steady to firmer in some basins and quieter in others.
Boston Market Prices for Flour and Grain July 9 1883
Market report from Boston lists visible supply in Chicago and Boston elevators, with figures for Wheat Oats Corn and Barley on June 23 July 7 and July 9 1883. Notes quiet market at higher prices, few small sales, and quotes for spot flour including fine, superfine, and patent grades. New York receipts and exports recorded at 13 010 packages.
MENTIONED IN THIS ARTICLE
Chicago
Boston
Minnesota
Michigan
Anada Superior
Canada
New York
Market Report Shows Stable Butter and Cheese Prices Across Regions
The report notes firm butter quotations with choice creameries at 20 21c and Western fresh firsts at 17 18c. Cheese, eggs, beans, and grains show steady or slightly higher prices, with New York creamery at 20 21c and Vermont items around 18 20c. Overall prices remain wholesale only, with jobbing adding 1 2c.
MENTIONED IN THIS ARTICLE
Choice
Vermont
Canton
New York
Ohio
Ogdensburg
Liverpool
Lhe
New Hampshire
Choice Western
Michigan
Nova Scotia
New Brunswick
Pe Island
Bush
California
West
Red Top
Jersey
Also Mentioned on This Page
East Saginaw
Toledo
Union Pacific
Oregon
California Southern
Cincinnati
Sandusky & Cleveland
Louisville
Vansville
Fitchburg
New England
Boston & Lowell
Sonora
Kansas & Western
Fort Scott & Memhis
Birmingham
Rutland
Grand Avenue Railway
Grand Avenue Company
Ffteenth
Twenty-seventh Street
Respect Avenue
Baldwin Motor
City of
Cambridge
Blake Bros. & Co
State Street
Nassau Street
Kidder, Peabody &9
Bankers
Devonshire Street
Mass
ISSUE
Mercantile and
Travellers’ Credits
Messrs Baring Bros. & Co
Europe
British Provinces
Philadelphia
Missouri, Kansas and Texas Railway Co
General Consolidated Mortgage Bonds
United States Circuit Court
Missouri Pacific Railway Company
Missouri, Kansas and Texas Railway Company
Edward B. Adams
Winslow, Lanier & Co
Nassau &J
Broad St
Globe Investment Company
Milk Street
Dakota Mortgage Loan Corporation
Massachusetts
Kanbas
Nebrashma
Dakota
Grand Avenue Cable Railway Company OF
Adams, Blobget & CO
Congress Street
Williams & CO
Boston Stock Exchange
Mining and Stock Exchange
Uae
Natl. Bank
Columbian N. Bank
New England N. Bank
Newton N. Bank
Newton
Fichburg RR
West Ind Street RR
Es Northern RR
Central Car Co
Conn
American Ins. Co
Mt Desert
Boston & Lowell RR
Fitchburg RR
Androscoggin & Kennebec RR
Wichita & Western RR
Eastern RR
Canton Mig. Co
City Bank
Sugar Refineries Co
Nat
Hide and Leather Bank
Naumkeag Steam Cotton Co
Little Rock & Fort Smith RR. Co
One & St. Fe. RR. Co
Landrant
N. Tube Works Co
Do New England Glass Co
China Mutual Ins
Scrip
China Mutual
Lso
Low Il Mfg. Co
City of Columbus
City of Clevel Na
W. L
City of Milwaukee
iVi
City of St. Louis
Rutland RR
Chicago, Burlington & Quincy RR
Side Land & Mortgage Co
Kansas
City, Mo
Winner Investment Co
Fts & Mem
L & SO HS
NY &N
Bell
Etenee
Eyenee
Nick
Bar Harbor Pali
Sullivan Harbor Land
B & Mont
Cal & Hec
Geter
B & Lowell
B& Maine
Nye&n
Union Pac
M. B & Lowell
Bur & Mo
K & West
Ny&ne
Sonora TS
So Kan Inc
Union Lac
Ain Hell
Lamson
Bar Harbor Land
Laimvine
Santiexo
Sullivan Harbor &Land
Frankin
B & Albany
C.seeee
Cin, Sand & Cleve
Easterli
Fitchburg Pfd
Old Colony
West Sind
Arnold
Aztec
St. Mary’s
Bonanza
Security
Bowman
South Side
Breece
Bruns. G
Catalpa
Wash
Crescent
Winthrop
Dunkin
Eve Ett
Lord Ac
Huron
Mesnard
Napa
Cece
Railrroads
Seeeveess Oe
Oon Rich, & al. Steer
Eesevevee R. & W. P
Wis
Coniwal Succcvices
Rock Island
Gove American Bell
St. Vatu
New
Eastman Car
BOS
Lamson Store Service Co
BOL
U. Pacific
Eenee
Utica & Lb. R
Vera Aed
Weed
Dhe
Land and Miscellaneous Companies
Aene
Oregon Sn
Ewee
Pacific Mail
BGO
Ee Ra
Pullman Pal
Western Union
American OU
En Ewe
Eeee Petrolanus
Can. So
Nav
D. i
Aebs
Ga. W
St. Frew
K Kan. P
So. P. M
1. G
Cbs
Teter R. N. Pac
U. Pac
Leta
N. W
W. Shore
Adams Eee
American
Wells Ls Fargo
Mono
Ae Amador
Ee i Ontario
Barcelona
Proustite
Bodie
Bulwer
Quicksilver
S. Nevada
Ae Con. Cal. & V
S. King
Allouez Eevee
Ironton
Kearsarge
Aspinwall
Louiston Street
Brookline
Ai Campovello
Lington
Wport
Ccses Rere Enews Senee Ava
Payson Seen
San Diego Vee Eene Enews 33 Va Eee 3% Sullivan Eeeeeee 145 Topeka Ee
Wollaston
At. & Pac
Lst
L. G
Babes
Kan
C. Au W
Con. Vt
St. P
D.D
K.C
S.J
T. H
K. Oo
Fis
At. & Pacific
Enee
B. & Air Line
Noon & P
Rees &N
Erpee
Do Inc
LOS Central Pac
New Mex. & S. V
Alton
C. i
Lee
D’o
Gooh & C
del. & H
del. & L
Pueb
A.V
East ‘Tenn
St. Jo
Central
Loly Ie
Top. &S. Lf
Pee Ae
Han. & Tex
Atlantic & Pacific
L & Sean
Eree
Dpol Aks
Bea Eles
Boston & Lowell Seevereeemhay
Lake Shore
Lys
Pity
Boston & Maine
Long Island Arity Iere
Boston & Providence
Lot. & N
Cal
Southern
Ob Central of
Ley
Cleve
Midh
L.S
Nash & Chat
Iafi. Com
N.J. Cent
Seer N
K. Ort
Gulf
Nor. Pac
Bat
Northwestern
K. C
L.R R.& Ft
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Renee
Maine Central
Pit
Oregon Trans
NEW York Financial
Ing
Alta
Ophir
Potosi
Best & Belcher
Bouie Con
Sierra Neva Oris
Union
Utah
Gould & Curry
Grand Prize
Crown Point
Hale & Norcross
Commonwealth
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Queen
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Foreign Financial Markets
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Boot and Shoe Buyers
Atlanta, Ga
J E Carlton
McKeldin & Carlton
Chicago Markets
London Wool Sales
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Milwaukee
Wicn
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Minneapolis
Hoosac
Albany
Ébc
Boston Markets