Money Market Tightens as Banks Seek Funds
The Boston money market shows extreme tightness with funds scarce at the clearing house. Loans with collateral run 7 to 8 percent, time paper 5 to 7 percent, and New York funds discount near par to 10 cents per $1000. Bank reserves are expected to rise by about $631,348, while loans and deposits shrink, signaling a dull stock session with narrow price moves.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Sterling Exchange
Atchison
Seat
Kand Times
Chicago
Keokuk
Kansas City
Memphis
Birmingham
Fort Scott
Boston Agents Appointed for Curtis and Company
The Engineering and Mining Journal reports copper sentiment rising with hopes of 10 to 12 cents a pound by season end for Jake copper. Export prices stay high while foreign market values slip, with Chili bars quoted at £39 10s 29 12s 6d and B S at £45 5s. Decline blamed on sales attributed to American demand.
Insurance Company of North America Declares 72 Percent Dividend
The semi annual dividend of 72 percent is now payable by the Insurance Company of North America. Boston stockholders will be paid at Scull Bradley 53 Devonshire Street.
MENTIONED IN THIS ARTICLE
The
Insurance Company of North America
Boston
Scull & Bradley
Devonshire Street
Jackson Company of Nashua contract for cotton cloth export
The Jackson Company of Nashua contracted to ship 1000 bales of cotton cloth to China via the Canadian Pacific Railway. Sixteen long boxcars are required for the shipment, believed to proceed soon.
MENTIONED IN THIS ARTICLE
Jackson Company of
Nashua
China
Canadian Pacific Railway
Bonds and Railroads Tradeing Data in Mixed Market Report
A dense financial page shows bids and asks across bonds and railroad stocks with prices for Atchison Topeka & Santa Fe, Atlantic & Pacific, California Southern, Mexican Central, Erie Telephone, Pullman Palace Car, and Union Pacific among others. The closing notes list various series and debentures with quoted bids and asks, including miscellaneous and mining stocks, in a snapshot of a volatile trading session.
MENTIONED IN THIS ARTICLE
Atchison
Atlantic & Pacific
Atlantic & Pac. Inc
Bt Cal
Southern Incomes
Chi
Kan
Western da
Western Ip
Ft. 8
Tis i
Ko: Ltd. Sour
L. Rock & Ft. Smith
Central
Central Inc
Boston & Main
E. Ilinois
Burl. & Northern
Burl, & Quincy
California Southern
Central of Mass
Com
San
Cleveland
Cleve
Canton
Clyne Cleve
Fitchburg
Flint & P
Mara
Maine Central
Oregon
Old Colony
Rutland
Union Pacific
Wisconsin Central
Bell Telephone
New Eng. Telephone
Mining and Miscellaneous Stocks Reported by Fay & Co
July 9 stock listings include Am Helio Muty Sohass Wollaston Peoples' Telephone Mexican Telephone Cusi Catalpa Gray's Dynamo Bruns Ships Berth N. E. Water Motel Honerine Lord Acoustic Telephone with prices and shares such as 42 00 25 100 150 300 500 100 12 100 97 100 1
MENTIONED IN THIS ARTICLE
Hileo
Wollaston Land
Catalpa
Sea Ave
Gray’s Dynamo
N. E. Water
New York Money Market and Stock Decline in Quiet Trading
Money on call eased to 3 with last loan at 3 and prime mercantile paper at 5 61%. Bar silver 95% and sterling unchanged. Stocks opened irregular, drifted heavy with little feature, closing near day’s lows though some gains shown in Manhattan and Texas Pacific. Wheeling & Lake Erie fell, most names down marginally while bonds showed mixed activity and several issues finished higher or lower in a narrow range.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Wheeling & Lake Erie
Wheeling & Ltake Erie
Manhattan
Texas Pacific
Texas & Pacific Income Trust
Lehigh & Wilkesbarre
St. Paul Terminals
Chicago & West Indian General
Kentucky Central
Ohio Southern
St. Paul Lacrosse Division
Houston
East
West Texas
Mexican Central
New York City & Northern
New York, Susquehanna & Western
New Orleans Pacific Trust
Foreign markets in London slip on Russian stocks
Foreign securities are flat with Russian shares down about 2 percent amid Berlin press criticism of Russian investments. Berlin and Paris despatches show weak markets, while home railroads also lag. Notable quotes include Consols around 101 1 16 and Atlantic & Great Western issues.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Berlin
Paris
Atlantic
Great Western
Atlantic & Great Western
Canadian Pacific
Erie
St. Paul
New York Central
Pennsylvania
Chicago Burlington and Quincy to Extend Line to Fort Worth
Fort Worth is forecast to be the southern terminus for the Chicago Burlington and Quincy if plans proceed. A company representative indicated the extension to Fort Worth would begin this year, with shops and roundhouses established there.
MENTIONED IN THIS ARTICLE
Chicago, Burlington & Quincy Tt
Fort Worth
Chicago, Burlington & Quincy
Texas
Robert McCart
The Baltimore and Ohio Deal Reaches Critical Point
Robert Garrett informs Ives and Stayner of dissatisfaction with contract compliance and warns negotiations may end. Ives and Stayner have negotiated with Gould to transfer the Baltimore and Ohio telegraph line, with a $500,000 gap waived to let Gould decide. Gould delaying. a definite decision expected this week, affecting market interests.
MENTIONED IN THIS ARTICLE
Baltimore & Ohio
Robert Garrett
Ives
Stayner
Gould
Messrs
Staynor
Garrett
Unjust Discrimination Charged by Hartford Agent
C. C. Goodrich of Hartford & New York Transportation Company accuses the New York & New England railroad and the Connecticut Western railroad of outrageous cargo freight practices. He says a high local tariff from river points to inland towns eliminates water competition and forces shippers to use rail.
MENTIONED IN THIS ARTICLE
Washington
C. C. Goodrich
Hartford & New York Transportation Company
Interstate Commerce Commission
New York & New England Railroad
Connecticut Western Railroad
Hartford
Railroad rate ruling and service upgrades across New England
The Arkansas Supreme Court upholds a 3 cent passenger rate. Boston and Lowell boost White Mountain service with Main sleeping cars seven days weekly to Fabyan's allowing weekend trips from Boston. Central Massachusetts line extends west of Ware with tracks laid toward Belchertown. Mexican Central traffic grows, prompting a 30 percent freight rate cut effective July 1. Recent railroad earnings are reported.
MENTIONED IN THIS ARTICLE
Arkansas Supreme Court
Boston & Lowell
White Mountain
Fabyan’s
Boston
Massachusetts
Ware
Belchertown
Mexico
Read ing Road Receiver June Financial Summary
The June balance at month start was 136,836. June traffic receipts reached 1,643,131 with reorganizational inflows of 82,625,000, totaling 4,880,724 including miscellaneous income. Expenses totaled 456,496 with 2,000,060 paid on receiver's certificates, 124,852 on materials and supplies, and 613,371 on wages, leaving a month end balance of 269,222.
MENTIONED IN THIS ARTICLE
Reading Road
Washington County Railroad Company Formed for Greenwich Link
The piece notes faster service and lower rates promised as orders halt surveys of the Baltimore and Ohio line between Philadelphia and New York. It reports incorporation of the Washington County Railroad Company to connect Greenwich and New Granville near the Vermont line, with capital of 1 450 000 dollars and 14 500 shares. The 36 mile route lies entirely in Washington County New York. It also mentions Chicago officials challenging Illinois Central’s lakefront claim to reclaim new land, with land worth 70 000 000 dollars at stake though not affecting the road’s right of way.
MENTIONED IN THIS ARTICLE
Atchison
Atlantic & Pacific
Chicago, Kansas & Western
Sonora
Chicago, Burlington & Northern
Denver
Cincinnati
Sandusky & Cleveland
Flint & Pere Marquette
Vermont
Northern Pacific
Oregon
Fitchburg
Vanderbilts
W York
Vanderbilt
York
Massachusetts
Sellhe Hoosac
Bos- Albany
Newentral Road
York & New England
Boston
Central Massachusetts
Boston & Albany
Rutland Common
Bell Telephone
Lamson
West End
East Boston
Frenchman’s Bay
Topeka
Penobscot
Newport
Brookline
Lake Superior Copper District
Ines
Calumet
Hecla
Calumet & Hecla
Watamack Ca
Consolidated Exchange
New York
Ae Gold
Philadelphia
Greenwich
New Granville
Vermont State Line
Washington County Railroad Company
Washington
N. Y
Chicago
Illinois Central Road
Lake Front
Commercial Grain and Meats Market Report Summary
Canned goods in strong demand and new potatoes in good demand. Flour, butter, cheese, seeds, and raw sugar show steady to firm tones. Eggs, oats, rye, malt, millfeed, hay, straw, poultry, pork, lard, hams, fresh beef, and other fresh meats mostly quiet or unchanged. Refined sugars very firm. molasses steady. tallow dull. corn dull. There is notable activity in truck demand.
Canned goods rise as major US industry with growing output
The article notes the rapid growth of canning, led by Maryland and California, detailing large output in Frederick City and Hartford county. It cites rising demand, price hardening, and provides extensive price lists for fruit, vegetables, and seafood products, reflecting a booming but uneven market.
Chicago Markets Opening and Closing Quoted Values
The Chicago markets reported yesterday's opening, highest, lowest and closing quotations. comparisons show the closing level matched by the same day last year.
Flour and Grain Market Report July 11
A firmer tone noted in flour with wheat advancing about one half cent daily, lifting spring patents. Sellers hold, buyers cautious but expect prices to rise. Winter patents steady, demand for corn quiet, oats mixed with mixed sentiments on prices. Elevator stocks higher than last year with 250,000 bushels less stored this year.
Chicago Grain Stocks and Visible Supply Mixed in July Reports
The report lists Chicago grain stocks for Wheat, Corn, Oats, and Barley across July 9, July 2, and July 10, 1887 with figures for 1887 and 1886. It also details visible supply by commodity and ports including Boston exports of flour and grain to and from New York, with prices for various grain products and milling terms.
Butter and Cheese Markets Show Steady Trade Across Cities
Butter prices hold firm with Canton sales at 200 pkgs and New York, Chicago markets steady. Cheese also unchanged with Canton at 3500 sold and New York steady. eggs remain firm as Merrimack wreck tightens island supplies. Potatoes, hay, and tallow show mixed movement while Western butter quotes range higher for creamery grades.
Diverse Market Prices and Arrivals in Norfolk Trade
The Norfolk market reports scarce watermelons at 25¢ medium and 18 20¢ small while large fetches 30c. Pears from Georgia Le Cour command 175 225 per crate, green apples 125 75 PP per crate, berries including blackberries 10 12c and blueberries 10q, peaches and other fruits listed with varied unit prices. Steamer arrivals include Sleipner with 4700 Oreo boxes of oranges and 26 500 boxes of lemons, Fram with 10 000 banana bunches and 25 000 coconuts, Elsa with 15 000 bananas and 80 000 coconuts. Banana prices vary by grade, cocoanuts sold at private terms, gooseberries slow at 3 per bush, dried apples unchanged, and dried fruit prices quoted for evaporetea and assorted Northern Eastern products. Norfolk boat Monday brings 1100 crates of apples.
MENTIONED IN THIS ARTICLE
United States
Maryland
California
Frederick City
Hartford County
Pacific Coast
Virginia
New Orleans
Louisiana
Mississippi
Baltimore
Camden
N. Y
Lima
Georgia le Cour
Palermo
Evaporetea
Norfolk
Market Report Shows Mixed Produce Demand and Prices
The sales list notes strong demand for track and moderate demand for Southern tomatoes at 2 250 per crate. Chicago lots bring 1 75 per crate while beans are plentiful with wax at 1 and green beans at 4 per bushel. Long Island beans fetch 150 per barrel. cabbages and Norfolk varieties show steady demand. natives at 7 9 per 100 and peas in good supply. Onions quiet with ample stock. Levants 1 75 per caye and Virginians 2 50 per barrel. bunch onions 2 50. Jersey green corn 15 cents per dozen.
MENTIONED IN THIS ARTICLE
Chicago
Long Island
Long Islands
Market prices for vegetables on Long Island report
Long Island turnips sell at two cents per bandh. Native summer squash quiet at three dollars per hundred. Southern lots sell at one dollar per crate. Southern squashes at one hundred fifty dollars per crate. Carrots three dollars per hundred count. Lettuce one dollar per box. Native cucumbers two dollars forty two cents each. Prices noted as two hundred fifty dollars per hundred for some items.
MENTIONED IN THIS ARTICLE
Long Island
Pork and Beef Prices Hold Steady in Local Market
The fresh beef market is slightly easier while mutton and lambs remain dull. Veals are scarce and prices rise. Pork and lard lines show varied values for cuts including long cuts at 16 50 to 17 00 and fresh ribs and sausage around 9 44 to 10 cents. Other meats list assorted prices for shoulders, bacon, ham, hams, tongues, and dressed hogs reflecting steady demand.
MENTIONED IN THIS ARTICLE
Lord
Choice
Chicago
Brighton
Liverpool and New York Cotton and Commodities Report
Cotton futures opened steady in Liverpool with quotes ranging from 5 50-64d to 5 16-64a across months. Spot Upland demand steady at 5% per cent. sales 10,000 bales, 8,000 American. receipts 1,000 bales, no American. New York spot easy with middling uplands at 1018-166e and other grades noted. Futures quotes show broad steady to mixed bids across July through May. market closed steady with total sales 184,900 bales. Pipe line certificates data, sugar and molasses markets included with varied prices and cargo quotes.
MENTIONED IN THIS ARTICLE
Liverpool
Uplands
Orleans
New York
Deeress
Porto Rico
Manila
Belmont
Cienfuegos
Barbadoes
Cuba
Trade Centre reports and grain prices July 11
Reports from New York traded flour receipts 32 196 pkgs exports 697 bbls 810 sacks with Western and Minnesota wheat prices steady and varieties listed. Chicago Milwaukee Minneapolis Cincinnati Toledo and St Louis markets show mixed movements in flour wheat corn rye and provisions with spot and export activity and receipts and shipments noted.
MENTIONED IN THIS ARTICLE
New York
Vtra
Minnesota
Petroleum—United
Western Steam
Tierces City Steam
Western
State
Western Creamery
Liverpool
Chicago
Milwaukehs
Minneapolis
Michigan
Cincinnati
Toledo
St. Louis
Hogs market reports from St Louis and Kansas City dated July 11
Hogs steady and firm sales noted in St Louis with prices at 8505 5 20 for sales workers and 505 5 20 for mixed packers while butchers reach higher at 520. Kansas City shows firm hogs with most sales around 460 35, receipts estimated. Chicago notes cattle receipts around 10005 on July 1.
MENTIONED IN THIS ARTICLE
ST. Louis
Nsas City
Chicago
Also Mentioned on This Page
Fort Scott & Gulf
Springfield
Clinton
Idune
Jan.l
Cpi
Bassel, Whitney & Co. Bankers and Brokers
Kidder, Peabody & CO
Nassau ST
Raiway CO
R. L. Day & Co
State Street
Adams, Blodget & Co
Congress Street
Boston Stock Exchange
Aspinwall
Ompanie
Brokers’ Board
M & Birm
M&spgs
T& SF
Vitehburg Pfid
M& B
Lamson SS
Tamarack
Penobscot la
San Diego
Topeka Ld
West
B&m
B&n
Ite & Pacific
Pacific
Nyw&ne
Eveee
Central Iowa
Central Pac
Ches. & Pits
Wis
Ste
Ae C
St. L
del. & He
W P
del. & L
West End Land
den. & RB. G
S. Oe
East Tenn
Fort Wayne
FE & PM
Houst
NY &N BH
Lil. Venient
Nex
Kings & Pem
T&s
Seer
A & Pac Inc
B&q
Ee Lou. & N
Cen Inc
Ee Man
Beach Do Bond
Man
Mich
Pac
Ili US
Nash
N.S
Paclde
Ih. Bols
Detroit Lansing & Northern Lamson
Eeee Gore
Northwest
East Boston Ltd
West Ena la
Dayton
Wollaston Ld
Weetsanss
Vera Cruz A
Oregon Navon Trans
Ne WA
A&p
Ittsburg
Sip
Ny&ne
Fitch
Roch
Pitts
Col. Ee
Rock Island Eree
Raat Goo
Wwe
Milwaukee É& Wertern
M. Ee
Bonanza
D.C
Brunswick Antimony
U. Pacific
Atlanti! & Pacific Calumet & Heela
Utica & BR Seer
Quincy
Ceee
Es Land Companies
Pew
Orego
Oly P. Ve
R. G
Ageo
M. Ke & Tg
Tex, P. BR. G
W. Shore
O. Nav
Adams
Biss
Wells Fargo
SOG Ice Eee
I Renfrew
Cal, BB
Santiago
Col. Coal
Bavage
Con
D. Terra
Wilson W. Fay & Co
NEW York Financial
Foreign Financial Markets
Railroad Matters
Chicago Markets
Ba Ali
Uae
Suortt Riss
Fai
Ty, le
Anyvea
MCOTT
CHU Co
Burley
Wonia
Bothnia
Ries
Carroll
Nova Scotia
Istrian
Sccveces
Bisekssiussiens Bos
Roman
Eran Bothnia
Canada Superior
Canada
Bush
New
Canada Western
Eastern
Eastern Creamery
Western Dairy Extra
Western Creamery Extra
Merrimack
Northern Choice
Ohio
Choice Canada
Island
New Brunswick
Timothy
Jersey
East Swale
New Southern
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!