Money Market Mixed But Signals Point to Easier Rates
Boston markets report a tight money market with steady clearing house rates and 5 to 6.7 percent commercial paper. calls secured at 7 percent for banks. New York funds discount modest. weekly and daily clearings show gains over 1886 in some cities, with notable strength in Wichita and several midwestern cities. the Stock Exchange notes dullness early but rises after favorable bank statements.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Sterling Exchange
Europe
Boston Post
United States
Wichita
St. Paul
St. Joseph
Kansas City
Omaha
Denver
Philadelphia
San Francisco
Indianapolis
Grand Rapids
Duluth
Topeka
N. York
Joston
Chicago
St. Louis
N. O's
Detroit
Clevel
Peoria
Syracuse
New York Clearing House
F H Pringe & Co Offer For Sale Bonds
F H Pringe and Co bankers and brokers on the New York and Boston exchanges offer for sale several railroad and railway bonds. Kansas City Memphis and Birmingham 5s due 1927 Chicago Kansas and Western 5s due 1923 Chicago Burlington and Northern Debenture 6s due 1896 Northern Pacific Railroad Guaranteed Branch Line 6s due 1937.
MENTIONED IN THIS ARTICLE
F. H. Pringe & CO Bankers
New York
Boston
State Street
BOSTO
Ly Mass
OFPER
Kansas City
Memphis
Birmingham
Chicago, Kansas & Western
Chicago, Burlington & Northern
Northern Pacific RR
Foreign financial markets mixed as week shows stagnation
London notes week of weak discount at 14 percent with stagnant stock trading while prices stay firm on expectations of a future market upturn. Paris bourse steady with limited dealings and several rate shifts. Berlin Frankfort and Frankfurt report dull markets amid Russian securities reactions and universal declines in some yields and discounts.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New York
Paris
Credit Fondier
Suez Canal
Panama Canal
Transatlantic
Credit Fencier
Berlin
Deutsch Bank
Short Exchange
Long Exchange
Frankfort
United States
Dividend Declarations From Rutland Railroad New Bedford Gaslight and NY & Perry Coal
The Rutland Railroad Company directors declare a 0.75 dollar per share dividend on preferred stock payable August 1 to holders of record July 16. New Bedford Gaslight Company declares a semiannual dividend of 2 dollars per share. New York and Perry Coal and Iron Company declares a quarterly dividend of 1 percent payable July 26.
MENTIONED IN THIS ARTICLE
Rutland Railroad Company
New Bedford Gaslight Company
New York & Perry Coal and Iron Company
New York Financial Market Summary July 9
Money on call easy at 4 to 4 1/4 percent, prime mercantile paper at 6 percent. Bar silver 95 1/4. Sterling steady. sixty day bills 4.82. demand 4.80. Government and railroad bonds dull, market narrow and feverish. Manhattan rose to 118 1/4 after dipping to 112 1/2. Lackawanna fell then recovered. Weekly bond sales $3.326 million. total stock trades 64,030 shares.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
London
Lackawanna
LSA
Manhattan
Genoa
Chicago
Burlington & Quincy
International
Mexican Central
Pennsylvania
Fort Wayne
Central Pacific
San Joachim Brandh
Insolvency Talks Mark creditors meet on Tirrell case
Creditors’ committee for W and W Tirrell boot and shoe makers meets at Bumpus law office. Debtors doubt paying beyond 50 cents on the dollar while the committee favors 60 cents and a possible compromise through court. Several firms in insolvency or attached, including Presbyterian Evangelical Publishing, Salter Silks, Matthews Bros, and J D Wonnie & Bro. Boynton & Co reports compromise at 40 cents in notes. liabilities about 112000 with assets around 82000. John Clatin & Co. files an attachment.
MENTIONED IN THIS ARTICLE
W. & W. Tirrell
Boot and Shoe Manufacturers
Boston
B. ©. Bumpus
Presbyterian Evangelical Publishing Company
Charlottetown
P. KE. J
Mary J. Toyce
Chicago
Ill
L. Knox
Boots
Westerville
M. L. Fuller
Painter
New York City
P. L. Lafond
Holyoke
Salter Silks Company
R. W. White
South Boston
Matthews Bros
Cincinnati
Salter & Neuman
Philadelphia
Penn
J.D. Wonne & Bro
Des Moines
Nantasket Beach Weather Dampens Travel Yet Crowds Await
Heavy rain and overcast skies yesterday morning dampened travel to Nantasket Beach but boats left Rowe's wharf with large crowds on every trip. Reeves's famous band and Lindall's band entertained beachgoers while hotels reported thriving trade. Steamers were praised for careful and liberal management by the traveling public.
MENTIONED IN THIS ARTICLE
Rowe's Wharf
Reeves
Lindall
Market Report Shows Stable Prices Across Commodities
Commercial matters indicate metals unchanged while grains like corn oats and rye hold steady. Oils and dairy show firmness with butter cheese and lard steady. new potatoes in good demand. pork poultry and other fresh meats quiet or unchanged. Sugar and molasses stay steady with refined sugars very firm.
Metal market steady with varied iron and alloy demand
No new feature noted in the metal market. American pig iron shows fair demand for standard brands at steady prices, mostly small lots. Foreign pig iron firm with moderate movement. Old rails and plate iron steady, nails in good demand at old figures. Copper market stronger with more offers. Tin plates firm with fair demand. Imports of iron and steel into the U.S. remain very heavy compared with last year, with detailed 1887 and 1886 totals for ore, pig iron, scrap, and finished goods.
MENTIONED IN THIS ARTICLE
United States
Erereere
Isis
Baltimore
JRON
Gray Forge
Eglin
Glengarnock
Summerlee
Gartsherrie
Langloan
Rill
New England
London
Straits
Chicago Markets Opening and Closing Quotes
The Chicago markets opened at and fluctuated to the day’s high and low, with the closing price matching the previous year’s close. This report lists the opening, highest, lowest and closing quotations for yesterday.
Market Reports July 9 Flour Prices Steady With Tight Stocks
Market notes little change with light business and mills reluctant to sell unless quoted. Corn dull, stocks thinning, prices rising daily. Steamer yellow in elevator held at 56 1 4 to 62 1 2 cents, track lots at 41 cents. Oats futures and bids shown, inspections list mixed wheat and various oats. Flour prices listed across grades from fine to patent with regional variations and export terms.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Strairit
New York
Canada Superior
Canada
Grain and feed prices for export and local trade summary
Export cornmeal fob and local trade terms shown with prepaid and freight values. Prices listed for cornmeal various forms, rye flour, oatmeal, milled feeds, cottonseed meal, and oats including grading, bag versus bulk, and regional price ranges. Malt and hops cited with state and Canada Western quotes and seasonal adjustments for 1885 1886.
MENTIONED IN THIS ARTICLE
New
Canada Western
Eastern
New York
Market Report Shows Firm Butter and Cheese Across Cities
Butter remains firm with unchanged prices in New York Chicago and Liverpool. Cheese steady with modest demand. eggs quiet in New York and firm in Chicago. potatoes quiet as old stock exits. Hay and straw steady amid large receipts. tallow dull. 6200 bbl Norfolk boat to arrive Monday. Butter and cheese quotation details by region and grade.
MENTIONED IN THIS ARTICLE
New York
Chicago
Liverpool
Norfolk
Vermont
Northern Choice
Ohio
Choice
Choice Canada
Michigan
Nova Scotia
Island
New Brunswick
Canada
Bush
West
Timothy
North
Clover
Red Top
Jersey
East Swale
New Long Island
Fruit Market Prices and Boat Cargo Update
A moderate supply of green apples at 150 per crate and slow gooseberry sales at 3 per bush. Canteloupes 1.25 small crate and 2.50 large crate. Oranges and lemons listed by origin with jobbing and box prices. Dried apples unchanged. Evaporated fruits priced by quality. California fruits posted for apricots pears peaches plums. Norfolk boat Monday: 1100 crates apples. Savannah boat: 61,000 watermelons.
MENTIONED IN THIS ARTICLE
Messina
Palermo
California
Norfolk
Savannah
Market Report on Truck and Vegetables Prices
The report notes steady demand for trucks and moderate demand for Southern tomatoes at 2 250 per crate. Various produce prices appear: beans natives at 1 dollar, green beans per bushel, Long Island beans 150, cabbages plentiful with steady demand, Norfolks 1 per barrel, Long Island 150, natives 70 per 100, peas 1 per bushel, onions quiet with good supply, Levants 1.75 per case, Virginians 2.60 per barrel, bunch onions 2.50 3.50 per bunch, Jersey green corn 15 cents a dozen, natives beets and turnips 8 350 per 100, Long Island turnips 2 cents per bunch, native summer squash 6 per 100, Southern lots 1 per crate, Southern squashes 2 250 per crate, carrots 3 4% per 100, lettuce 1 per box, radishes 1 1.25 per 100, rhubarb and native cucumbers 2 cents each or 2 per 100.
MENTIONED IN THIS ARTICLE
Chicago
Nep
Long Island
Long Islands
Meat Price List Shows Wide Range of Dressed Meats
Provisions of all kinds remain about the same as last quoted with prices for pork and lard items, beef, and fresh meats. Listings include pork cuts, hams, shoulders, ribs, bacon, tripe, beef plates, roasts, and various mutton, veal, and lamb prices, all noted with size and cure variations and per-pound or per-bushel terms.
MENTIONED IN THIS ARTICLE
Chicago
Brighton
Cotton futures open quiet in Liverpool and steady in New York
Liverpool futures opened quiet and closed dull with July at 5 62-642, August 5 51-640, September Bb 80-644, October and November at 6 19-64, December 5 17-64d, and January 6 61-64d. Spot in Liverpool steady at biga Pib for middling up ands. American sales 5300 bales, receipts 4000. New York spot dull at 1015-166¢ for middling uplands, 109-16e for low middling, 934¢ for goo ordinary, 8% for ordinary. New York futures opened steady with July at 0 0 0 0.085, June 9.62-9.63, July 9.68-9.60, Sept 10.01-9.03, March 9.74-9.75, Oct 9.72-9.74, May 9.88-9.89, Dec 9.50-9.62.
MENTIONED IN THIS ARTICLE
T.H
At. & Pacific
Air L
Corr
Can
Pacific
Bie
Beard
Central Iowa
Central Pac
Ches
Ohio
Alton
St. L
Feree
Cleve
Col
del. & H
del. & L
A . Erte
Fort Wayne
ERS
Hioust
Texas
Central
Ee Kan
Tex
T&sfe
H& O
A & Pein
Lake ‘Tire
San Diego Ld
Long Island
Ee Lou
West End
Man
Beach
T&s
B&n
Fitchburg
Minn
Miss. Pactas
CBS
Cleveland & Canton
Bos
Northwest
A. NY
Atlantic
Ohio & Miss
West
Oregon
Pittsburg
W. P
Ee A
T& Sfe
Enee
Roch. & Pitts
Rock Island
B& Ma
St. Paul
St._P
U. Pacific
Sisi Ieee Lee
Utica & Bag
St &P
Nysne
W.&l.e
Ee Land
Oregon Im
Ng& RR
Pullman Pal
W. Union
Oregon Improvement Quotations
American OU
Eee . Co
Con
Con. Coal
Eure
Ponanza Development
Calumet & Hecla
Franklin
N. W
Osceola
Cen. P.ists
Quincy
Eeee - DD
Rk. I. P
Brookime A. Oe
M. K
T.g
Maverick
Tex. P. L. G
San Diego
New
Ean
Tex. P. R. G
Boston Water Power A Om
Den
U. Pac
West End Land
N. Pac
W. Shore
O. Nay
Atlantic & Pac
Ceesveese Ce
Express Companies
Atlantic & Pac. Inc
eeCee Bog
Adams
Cal. Southern Inc E . . of American
iWells Fargo
Chi
Kan
Western
Eastern
Ontario
Scott & Gis
Amador
Pheonix
Soa
K.C
St. Jos
Conn
Bluffs
Belle Isle
Quicksilver
Gis
L. Rock & Ft. Smith
Bodie
Brunswick
Renfrew Ly
Santiago
ATLA
Weesig
Serip Oe Ee Con
South Pacific
N.Y
New Eng
Teun
Peab
Ark. Valley
Sand
Cleveland
Canton
N. E
Old Colony
Summit Branch
Union Pacific
Wisconsin Central
Comerses
Bell Telephone
Erie Telephone
Pullman Palace
Liverpool
Orleans
New York
Ee Janeos
Minneapolis
Chicago
Minnesota
Rio Quiet
Petroleum —United
City
Cincinnati
Milwaukedr
Louis
Detroit
Michigan
Toledo
Market closes steady with mixed commodity quotes
Market quiet and steady with bids and asks across metals and oils. Details show July trading at 10.66 to 10.67 while various futures and certificates list highs and lows. Sugar and molasses markets remain steady with refined sugar firm and Porto Rico and Cuba quotations noted.
Wheat prices hold steady across major markets
Minneapolis reports No 1 hard wheat at 74 4 to 76 1 4 cents cash and August, with No 1 Northern at 73 to 75 cents. Chicago notes firm No 2 spring and red wheats, while New York sees mixed flour and grain futures. Across Milwaukee St Louis Detroit and Toledo, prices show firmness in wheat, with corn and oats steady to higher in spots and receipts abundant.
Hog and cattle market roundup from major markets
July 9 market notes show hogs steady with price ranges in St Louis Peoria Kansas City and Chicago. Cattle receipts and shipment levels reported with steadier prices for shipping steers and varied ranges for stockers cows and bulls. Hogs active with higher quotes and mixed lots trading between 5 and 6 dollars. Sheep receipts and prices steady with native Western and Texan classifications listed.
MENTIONED IN THIS ARTICLE
ST. Louis
Peoria
Kansas City
Chicago
Texas
Print Cloth Markets Fall River and Providence July 9
Fall River reports production 140000 pieces deliveries 176000 stock 188000 sales 119000 spot 62000 futures 47000 price 314 for 6485 se for 60x56s market steady. Providence notes a dull week with 314 for 64 squares and 3 for 56x60s, stock 162000 64s and 3000 56x60s, deliveries reduce on hand, demand weak but fair sales. futures odd, weekly July deliveries 112000, August 86000, September 3900 pieces, price 844 for 6482 3c nominal for 60x56.
MENTIONED IN THIS ARTICLE
Fall River
Providence
R. L
Foreign Markets Roundup From London and Liverpool
London reports show wheat dull and corn quiet with scarce cargoes awaiting sale. Liverpool notes dull bread wheat, firm corn, and mixed prices for several grains with pork and lard movements steady. Paris markets quiet with marginal improvement in English country markets. Havana sugar markets hold firm, Cortes session suspended delaying export duty decision.
MENTIONED IN THIS ARTICLE
London
Beerbohm
Mark Lane
Paris
Liverpool
California
Havana
Cortes
Also Mentioned on This Page
Atchison
Atlantic & Pacific
Lihouely
Boston Stock Exchange
Chicago, Burlington & Quincy
Flint & Pere Marquette
Eeoue
Gould
Sage
Bostwick
New England Road
Central Massachusetts
Boston & Lowell
Boston & Maine
Connecticut & Passumpsic
Worcester
Nashua
Rochester
Frenchman’s Bay
California Southern
New York Commercial Bulletin
Lord Acoustic Telephone Manufacturing Company
Bennet
Gilliland
Lakin
Bell Company
New York State
Wilson W. Fay & Co
Elec
Neweerees
Ss Cpa
Bowman
Lord Acoustic Telephone
Catalpa
Tel
Cin
Ascow Ara
Lord Acoustic
Bat Olateneat
Eis Ptecbial Ae
N. BE
Sepateetn Il Too
Signa Eiaceees
Kent
Poston
Fra Ecisco
Parkmore
Louisville
Mulwaukee
Hartford
Jiemphis
En Haven
Karka Eyes
Portland
Springfield
Gad. Rapids
Cae
Foreign Financial Markets
Kidder, Peabody & UC
Devonshire St
Boston, Mass
Nassau St
Messrs
Baring Brothers & Co
British Provinces
Devonshire Street
NEW York Financial
Nantasket
Chicago Markets
Oats Reid
Manila
Porto Rico
Cienfuegos
Barbadoes
Cuba