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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 12, 1889

Page

7

Money market steady amid hopes of lower rates

The market shows steady to firm liquidity with moderate loan demand. Clearing house rates ease to 3.44% amid expectations of a 3% level tomorrow. General time loans 4–6%, call loans 4–5% with collateral. New York funds discount 12.14 to 16.5% per $1000. Exchange totals rise. bond offers near 57k. Rail earnings and equity activity noted, with Northwestern and Northern lines settlement rumors boosting shares.

Bostox New York

Dividends Declared By Capital Fire Insurance Company

Capital Fire Insurance Company of Concord New Hampshire declares a dividend of 3 percent. The Fire Underwriters Association, Concord, is mentioned in relation to the dividend action.

Capital Fire Insurance Company Concord, N. H The Fire Underwriters’ Association

Market closes firm with mixed gains in railroad bonds

The hour saw a decline from the best prices but no weakness in the list as the market closed firm to strong at just below daily highs. Railroad bonds traded widely with total dealings of 1,210,000 dollars. Major gains included Lehigh & Wilkes Barre 58 24 to 10744 and Gulf Colorado & Santa Fe seconds 14 to 73 percent, while losses touched Chesapeake & Ohio, Rock Island 6s, and New York Central firsts among others.

Fopeka Santa Fe R. Kk Chicago St. Joseph Chicago, Kansas & Western California Central R. R California Southern R. RR Mexico St. Louis Kan City & Col. K BR Gulf, Colorado & Santa Fe RR Wisconsin Central New York Incom Lehigh & Wilkesbarre Chicago & East Chicago & East Ilinois First Consols, 14% To 12444; Gulf, Colorado & Santa Fe Milwaukee Lake Shore & Western Atlantic & Pacific Chesapeake & Ohio Southwestern Rock Island St. Paul Missouri River Chicago, St. Paul & Minneapolis Erie Iowa Central Minneapolis & St. Louis New York Central Harlem New York & Northern

New York Financial Market Drifts as Lead Slumps Then Recovers

Money on call eased to 2 3 percent with mercantile paper at 442 6. Sterling up to 4.86 4.87 on sixty day and 4.87 4.88 on demand. Government and railroad bonds steady. Regular stocks fell in late morning led by Lead Trust, then rallied with Lake Shore Burlington and St Paul leading gains. By afternoon, indices recovered to session highs as market firmed.

New York Prime Mercantile Sterling Exchange Burlington Lake Shore St. Paul Sugar Trust Chesapeake & Ohio National Lead Trust

Foreign Financial Market Updates From London and Havana

London stocks show varied prices with Consols at 98 1 2 for money and the account. Atlantic & Great Western securities steady around 30 44 and 5. Canadian Pacific 57, Erie 27, Erie seconds 104 1 4, Mexican ordinary 55 98, St. Paul 70, New York Central 109 1 2, Pennsylvania 52 58, Reading 23 58, Spanish 4s 73. Money rate 1 per cent, open-market discount 1 1 2 per cent. Paris 3 per cent rentes 831 45. Havana Spanish gold 236 1 2 236 3. Exchange firm, sugar quiet.

Atlantic Sonanza Pevel’t Mont Buite Boston Cal Heeda Catalpa Eee Enner Erene Crestent Ccee Everes Central Seveaaees Dunkin Franklin Huron New York Brookline Campobello French Bay Ts Maverick Newport Lamoine Payson Penobscot Clos San L Diego Eevee Sullivan Coos T. i Topeka At. & Pacific West End Ccs Winthrop Wollaston B. & Air L Atchison LDUL Central Pacific Ohio Etca Alton St. Weer L. G TOY C Cley, & Col OL del. & H Kan, & W W. Mich D.D Wis Erie Elk H Lord Case Fort W K. Cy Houston &Tex K.C Ns. Ly L. R Ft. S Ee . L Kan Tex Do Inc Louis, & N N.Y N. E Oregon Mies S L.C . Con N.J. Cent T. N. & W Yrei Sonora Pacific Sos F. Ste Cen Iales Tou Atlantic Pacific OL cc Boston & Albany Ont Cregan Lowell Boston & Maine Boston & Provee Oregon S Southern I Tc Central of Mass Lyslittsburg Cleve Canton Rock Island Rome Corn River Col Sp & Cin St. Paul Fitchburg Flint & P K. C Ft. 8 Gulf Texas Pacific K. Gu. Ce & RD Csecane Utica & i U. Pacific St. L. & Pees Goo L. E.& St. Leweess Land and Agers Maine Central Pacific Mail Pullman Pai W. Union Old Colony Rutland Seer Chi. Gas Trust Summit Brianeh Union Pacific Bax Lg Sugar Trust Wisconsin Central Aee Am. Bell D.& KR Ge Lsts Kan. P Pullman Palace Car Co Ex. T. Am. Cotton Oil Trust Pneumatic Tool Co Texas Burton Stock Car Co U. Pac Boston & Liverpool Co al B Ental Malden Electric Co ChoUar New York Despatch Co Ube Sae North Chi Commonwilth Nots Iy National Lead Trust Huronshiver Sugar Refineries CO Eureka Thomson-Houston Elec Hale & Nor Silver King Gang Og Cok Standard Go Trust Eseress Do Int.l Do Int el. Press Thomson Elec Westinghouse Elec. Co Winnisunmet Co London Atlantic & Great Western Canadian Pacific New York Central Pennsylvania Reading Paris Havana Sugar Quiet

Morocco Manufacturers Association Names Officers at Banquet

The Morocco Manufacturers' National Association met at Point of Pines yesterday with a banquet and business session. Officers elected include President J. Parke Postles of Wilmington, Del. Vice-President Henry A. Pevear of Lynn. Second Vice-President W. J. McCleary of Wilmington. Secretary Charles A. Meurer of Philadelphia. Treasurer M. S. Atkinson of Baltimore. Executive committee members are George L. Rose of New York. W. S. Fitton of Philadelphia. Percy A. Seely of Newark. W. 4. Mills of Glenworth. Charles Baird of Wilmington. A. Bb. Martin of Lynn. M. S. Atkinson of Baltimore.

Morocco Manufacturers’ National Association Point of Pines J. Parke Postles Wilmington Del Henry A. Pevear Lynn W. J. McCleary Charles A. Meurer Philadelphia Fitton Percy A. Seely Newark N.J Mills Glenworth N. Y Charles Baird A. Bb. Martin M. S. Atkinson Baltimore

Ger Mania Band to perform on Sullivan Square Tonight

The programme for Sullivan square this evening features the Ger mania Band under conductor Mr. mil Mollenhauer. Items include March Bunker Hill, Concert waltz Santiago, Baritone solo Romanza by Mr. George W. Stewart, Bouquet of popular melodies, Duet for cornets by Gumbert Shnebruk and Bowron, Mazurka Thoughts of Love by Warren, Grand potpourri of Irish melodies by Beyer, and Galop Au Revoir. Concert begins at o'clock.

Sullivan Square Germania Band Bunker Hill Overtu E Jolly Robbers George W. Stewart Wadsworth Bolgno eeGumbert Shnebruk Bowron Warren Beyer Galop Au Revoir Skids Ois Mil Mollenhauer

Largest Codfish Fare of Season Reaches Gloucester

Gloucester July 11 Special The Marguerite from Grand Bank lands 291000 pounds of codfish aboard John F Wonson Co schooner commanded by Captain David Morrisey of Pubnico Nova Scotia crew from the same place The license was from Nova Scotia and the catch was made in fresh air during a three month voyage

Gloucester John F. Wonson & Co Marguerite Grand Bank David Morrisey Pubnico N. S Inova Scotia

Have you tried Elastic Starch It needs no cooking

A brief note promotes Elastic Starch as a no cook option, suggesting it requires no preparation before use. It hints at convenience for quick meals or easy starch substitutes without detailing specific applications or instructions.

Market Notes on Goods and Commodities Activity

Wool is strong and corn remains firm while oats show steady demand. Butter unsettled and cheese easy. eggs dull. Hogs quiet, fresh beef improving, pork steady, molasses strong, apples oranges lemons and bananas in varying demand. Truck is active as fruit and grain items show mixed firmness across regions.

California

Wheat and wool market sway as bears push July wheat lower

The July wheat market weakened amid bears selling and a bearish government crop report. Prices in Minneapolis and New York showed declines, while exports of flour offered limited support. Wool trading remained firm with mixed regional quotes and London auctions showing higher prices for Sydney wool. U.S. and European demand kept overall activity steady.

Chicago Farnum, Reardon & Co Boston New York Gilman, Cheney & Co Minneapolis St Louis

Wool Receipts and Prices Hold Steady in Market

The past week saw 27 028 domestic and 1 874 foreign wool bales received, with no dramatic shifts in tone. Prices remained steady as sellers maintain current quotations while buyers pay well, led by firm Michigan X fleece prices around 33 to 34 cents and strong Western advices, even as overall stocks grow.

Commission Pennsylvania Michigan Ohio

Print Cloth Market Sees Minimal Stock At Fall River

July 11 report from Fall River notes the American Printing Company cannot start the season with sufficient goods. Estimated total stock under 100,000 pieces, with sales under 20,000. No mills sold this week below 4 cents, and value contracts affected by print works actions are quoted around 3 1 2 to 3 1 8 cents.

Fall River American Printing Company Sullivan Consolidated Black Hills Gilbert E. Batley Rapid City Lookout Geo. E. Yarrington Chester M. Sprague Deane St Castle Creek Pennington County Dakota Sullivan Beaver Elgin Volunteer Almont Tariff Revenue Eclipse Hoosac Astor

Grain and flour markets show firm tone with mixed oils

John E Welsh notes carload grain prices for flour and all grain except rye. Domestic flour quotations span wholesale to jobbing levels. Today’s inspections include spring wheat, mixed oats, steamer corn, and white oats. Receipts total 24 cars. flour receipts 4269 bbls and 1000 sacks. Markets, though quiet, are firm with some spring patent brands higher. Wheat in Minneapolis eases. New York and Chicago show mixed activity with firm undertone but weak flour markets. Continuous receipts and varying grades across regions. overall market volatility persists.

Minneapolis Michigan Canada Superior Canada New York City Minnesota Chicago St Louis Peoria Port Huron Burlington Graham

Butter market unsettled amid large receipts and holdouts

Receipts for today show butter 5638 pkgs and 11 cars of potatoes with hay 49 cars and 1877 cases of cheese while last year’s figures were lower for butter and beans. Butter buyers hold off expecting lower prices as receipts remain large and sellers resist forcing sales.

Also Mentioned on This Page

Wei@muUyuUUyenes Exchange San Francisco Telegraph New Orleans Bank Charleston Savannah Reichsmarks Bree Ee Buoches Atchison, Topeka & Santa Fe Railroad Wvltislmos Burlington & Quincy Chicago, Burlington & Orthern Granger Harris Chicago, Burlington & Northern Mexican Central San Juis Kiernan Peabodys Vanderbilts H. H. Porter Philip D. Armour Forbes Alexander Geddes Roswell P. Flower Great Mass Northwestern Standard Oil New York & New England Evans Eastern Concord New Hampshire Vermont San Diego Anniston City George M. Pullman Anniston Ala Penobscot Bay Land Company Penobscot Bay Company Santa Fe Santa Fe Company R.eersesece Januaty Sce Cass DAG Evésseevce Sud Henry R. Merton & Co Europe Farmers’ Loan and Trust Company of Stock Exchange Western Farm Mortgage Trust Co F. B. Rogers Congress St Foote & French Bankers and Dr. R Congress Street Boston Stock Exchange Allouez N.W Stl IL M Sulver Brokers’ Board B&n B&q Vt Bs Jo & Ont Gs du 1St Inc NY &N Alli Sell Tel O. West Chi Bus & Nor C.bm&yq L&n Pfid Fitchburg Pfd Maine Cent Ny&ne God's Port Saco Seer Eesee T&s S Fo At & Pacific Bb &N Santa F Sol Db Ur & Siaa Clint & P Odin West Ind Ryp Svenree Centeee Enree Edison Phon Toy Eeereee Thom-Houst Llec Seerewee Westinghouse Miscellaneous Stock Exchange Wilson W. Fay & Co State Street Robinson-Foster Sree Reece Fort Payne Coal and Iron Thomson-Houston Carbon Thomson Internat Eacee Setae Catalva Reese Burton NEW York Financial Foreign Financial TBE Morocco Charlestown J. E. Carter & CO Bankers & Commission Washington ST Kansas City Farm Montana Texas Montevideo Cape Sydney America Victoria New South Wales Queensland South Australia Swan River New Zealand Cape of Good Hope Natal Jacomb, Son & Co United States Antwerp Platte River Tbs P T John E. Welsh Stave Street Max Kets Eastern Banking Milk Street Francis A. Osborn T. Merrihew Kansas Kansas New England Loan and Trust CO State St J. M. Atwood Safe and Prompt D. P. Ives & CO Waller St Cottonwood Territory of Utah Thos, P. Boole & CO Coaress St Pacific Mills Henry Saltonstall Kilby St Lagrange St Wash. Loring
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