Market closes firm after uneven trading on stock and bonds
Trading turned firm late in the session as stocks showed volatility with gains and losses. Cincinnati, Hamilton & Dayton moved sharply on deal rumors while other issues like Union Pacific and Reading led early strength. bonds remained generally dull with several declines across listed issues.
MENTIONED IN THIS ARTICLE
Cincinnati
Hamilton & Dayton
Baltimore & Ohio
Union Pacifico
Reading
Pacific
Atlantic & Pacific
St. Paul
Minnesota
Chicago & East Illinois
Houston & Texas
Illinois Central
New Orleans & Mobile
Kansas & Texas
New York City & Northern Trust
Utah Southern
Texas Pacific
Rio
Richmond & Danville
Money Market Steady Ahead of Wall Street Rally
The Boston money market shows no rate changes with call loans at 7 percent and time paper at 5 to 7 percent. Exchange activity rose year over year, government securities held steady, sterling weak, and a volatile stock session closed with mixed advances and declines across railroad and utility issues.
MENTIONED IN THIS ARTICLE
Boston
New York
Wall Street
Atchison
Keokuk
Lincoln & Black Hills Road
Chicago, Burlington & Quincy
Union Pacific
Wisconsin Central
Omaha Water Works bonds proposed for investment
The American Water Works Company offers 1 600 000 bonds secured by a mortgage on Omaha Nebraska franchise and property. The issue is part of a 4 000 000 loan with 2 000 000 presently outstanding, expected annual income around 250 000 by 1888, and a 120 000 annual interest with a 35 000 plus surplus after costs. Copies of mortgage and papers available. bonds to be listed on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
American Water Works Company
Omaha
Nebraska
Farmers’ Loan and Trust Company
New York
Kansas City
United States
Cleveland
Indianapolis
Columbus
Denver
Detroi
Minneapolis
New England
Boston
Providence
Portland
Maine
Worcester
Springfield
Massachusetts
New York Stock Exchange
Farmers’ Loan and Trust Company of
Market Update Shows Broad Strength Across Commodities
Leather shows improvement while hides firm. flour quiet. corn, oats and seeds firm. oatmeal steady. rye flour and rye unchanged. Butter and cheese firm. eggs steady. beans quiet. hay and straw quiet. New potatoes in strong demand. pork higher. lard and hams quiet. fresh beef easy. veals lower. raw sugar steady. refined sugars firm. molasses steady. truck demand robust.
Leather and Hides Market Shows Steady Demand and Firmer Prices
The leather and hides market reports steadier demand with firmer prices across categories. Union tanned leather and finished leather show strength. rough and calfskins face varied activity, while domestic and foreign hides rise modestly as supply tightens.
Boots and Shoes Market Holds Steady As Demand Grows
The boot and shoe market remains strong with rising buyers and more retailers visiting to place orders. Factories are busy, duplicate orders arrive on staple lines, and demand spans calf boots, Goodyear welt, hand sewn shoes, and women’s lines while labor is steady and robber activity increases as stocks tighten.
Dividends Across Firms From 150 Per Share To 1 Per Cent
Dividend notices from multiple firms: Boston Pier declares 150 per share, Canadian Pacific 14 percent, Oneko Mill 3 per share semi annual, American Bell 4 percent extra, Deadwood Terra 20,000 dollars, American Electric 142 percent quarterly payable Aug 15 with record date Aug 6, Cincinnati Hamilton Dayton 2 percent, Philadelphia Natural Gas 1 percent payable July 20. Stock activity notes indicate the stock last bid 40 and sold 140 today. Books close dates given for several filings.
MENTIONED IN THIS ARTICLE
Boston Pier
Long Wharf
Canadian Pacific Railroad Company
Oneko Mill Company
New Bedford
American Bell Telephone Company
Deadwood-Terra Mining Company
American Electric Manufacturing Company
Cincinnati, Hamilton & Dayton
Philadelphia Natural Gas Company
New York Money on Call and Market Rates Report
New York financial bulletin notes money on call easy from 2 to 6 with last loan at 3 and closing offered at 2 percent. Prime mercantile paper quoted at 64 2 6. Bar silver at 95s, sterling exchange firm with actual business at 4 1 4 82 for 60 days bills and 4 9 3 42 for another rate.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Ciwil
Foreign Markets Flat Amid Paris Anniversary Disturbances
London official quotes Consols at 1017-16 money and 1014 4 for the account. U S 44os 11214, Atlantic & Great Western firsts 4314. seconds 10. Canadian Pacific 614. Erie 80% and 100% on its seconds. Illinois Central 126. Mexican ordinary 574%. New York Central 11114 ex div. Read ing 27%. Mexican Central 16 2:30 pm. Markets flat due to Paris Bastille anniversary disturbances. Paris Bourse closed for holiday.
MENTIONED IN THIS ARTICLE
Air L
Central
Owa
Pac
Seer
Ches
Ohio
Alton
Uae
Tee Eie
Cieve
Col
I. V
del & H
Orien
del. & L
R. G
Erie
Houst
Texas
Baales
Kan
Tex
Penn
Lake Shore
Ben Ae Wise
St. i
M. & Miss
Pacific
Cho
Siskathi
Cr Anon
Alloncz
Atlantic
Bonanza
Northwestern
Ivo
Franklin
Osceola
C. St. Louis
Minatack
Miss
Pighoes
Gu Atchison
Atlantic & Pacific
Atlantic & Pac
Oeregon Navy
Gregon
K. C
S&c
L. Kook
Ft. Smith
Dan
Roch. & Pitts
S. Pac
St. L
Ewnee
Oregon
St. ‘Paul
Ria Oo Og
L. Cham
Pepe i
L. Chamanine
Pend
Ark
Rutland Gs
Mosing RowlandBs
Cece Rcese
Sonora
Texas Pacific
Wis
Utica & BR
Og W
Bel
Aspinwall
Wei L. E
Dee
Oston
Corn— Brookline
Wenaee
Gregon Im
Pacific Mail
Union
Topeka & S. Se
Atlantic Pacific
Bac Ae
Seenee
Eee
Boston & Boston & Lowe
Boston & Maine
Boston & Providence
Park— Chi
Miinois
T . Cen. P
N. W
Fuly
Eves
Chi., Burl. & Northern
P&p
Central of Mass
St. C
San & Cleve Inna
Cleve
Canton
Com
Flint & P. Marret
W. Shore
N. E
Adams
American
Wells Fargo
Old Colony
Rutland
Alice
Summit Ranch
Amador
Wisconsin Central
Belle Isle
Ontario
Pref
Best & Bel’h
Ophir
Bodier Ze Enix
Brunswick
Plymouth
Bell Telephone
Erie Telephone
Con
Cal & Va
Santiago
O* Sleio
Lamson Store Serv. Co
Crown Point
Mavage
London
United States
Atlantic & Great Western
Canadian Pacific
Ilinois Central
St. Paul
New York Central
Reading
Paris
Bastile
New York
Berlin
Order of the Iron Hall questioned over endowment business
Insurance Commissioner Merrill informs the counsel for the Order of the Iron Hall that their new certificate may violate Massachusetts laws banning endowment activities by beneficial societies. He declines further review, referring the matter to the attorney general.
MENTIONED IN THIS ARTICLE
Order OF the Iron Hall
Merrill
Massachusetts
Retail Dealers' National Association to Meet in Chicago
The convention of the Retail Dealers' National Association will be held in Chicago on July 19 and 20. This report previews key topics on the agenda including standard measurements and the lasting tack nuisance.
MENTIONED IN THIS ARTICLE
The
Retail Dealers’ National Association
Chicago
Footwear Trade News and Local Shipments Report
The piece notes a footwear industry pause until September with retailers given time. Lynn shipments last week reached 4352 cases versus 4525 a year ago. Haverhill shipments were 3811 cases. Rumsey Bros. in Lynn still out. possible move to Mansfield. A fishing contest prize weighed twenty seven pounds won by Henry J. Vinal. J L Thompson the J L T buckle inventor arrived from Syracuse. Bathing stockings with cork soles grow in popularity, aiding swimming ease.
MENTIONED IN THIS ARTICLE
Lynn
Rumsey Bros
Mansfield
Mass
Haverhill
Henry J. Vinal
J. L. Thompson
Syracuse
Market Reports July 14 Quiet Flour Market With Firm Corn
The flour market is quiet with prices stable while mills push higher asks that dealers resist. Corn remains firm with steep bids for short lots and steamer yellow at 14 16c, steamer mixed 50 51 1 4c, and oats in Albany elevators in short supply. Week’s exports tallies show wheat and flour up from last year as milling rates and rail transportation pressure persist.
MENTIONED IN THIS ARTICLE
Albany
Allce
Butter and dairy markets show firm demand across regions
Butter markets remain firm with steady demand for Western creamery exports and imitation varieties. New York and Vermont dairy butter vary by region while Chicago butter stays strong. Cheese is quiet with accumulating sage stock and small lots selling. eggs firm but light supply due to the Merrimack loss. Potatoes, beans, seeds, hay, and tallow show mixed activity with several regional price levels and limited by receipts.
Oleo Margarine Choice Rough Prices Listed
A partial price listing shows rough prices for oleo margarine with figures like 834c¢ 144 2c and 3 3442c¢, indicating varied small unit costs in the ad fragment.
Pork and beef markets show steady demand with higher pork quotes
Oct 26 market report notes steady demand for pork with higher prices. Hams and lard unchanged. Fresh beef very quiet in buyers' favor with fair supply. Tattons and lambs dull with easy market. Veals quiet and unchanged from yesterday's drop. Detailed pork and lard prices and other meat items listed, including ribs, bacon, tongues, beef cuts, and mutton with regional variations.
MENTIONED IN THIS ARTICLE
Lord
Choice
Harms
C. Belf
Lee
Idtec
Chicago
Brighton
Market Report Highlights Mixed Produce Demand
Track of all kinds is in good demand. Onions show moderate demand with ges supply. Native bunch onions at 2.50 per count, Spanish 1.75 per case, tas 2.75 per basket. Tomatoes are plentiful with fair demand. Norfolks 1.125 per crate, Rhode Islands 3 per bush. Cabbages plentiful at 8 per 100 count. Georgia ee scarce. sales slow at 3 per barrel. Beans abundant. 1 per bush for both wax and green. Maize peas 1.125 peaked. Jersey green corn slow at lie per dozen. Native beets 0.11 per bushel and 3 per 100 count. Long Island turnips 1.75 per barrel. native 3 per 100 count. Native summer squash quiet at 3 per 100. Southern lots 1 per crate. Southern squashes 1.50 per crate. Carrots 2.50 per 300 per 100 count. lettuce 1 per native cup and 2 per native.
MENTIONED IN THIS ARTICLE
Rhode Islands
Chicago
Jersey
Lie
Long Island
Fruit Market Prices and Large Apple Shipments Reported
A fair supply of apples supports sales around $125 150 per unit while Chicago red lots go for 75 cents per half gushel crate. Maryland and Delaware fruit bring 7 1 25 per crate, raspberries are plentiful at 8 1 1c per quart natives and 3 4c for Hudson River quarters, currants show moderate demand at 6 7c per th for large and 3 4c per fb for small red. Le Cout pears sell 150 175 per crate. blueberries are ample with 10 12c per quart. blackberries strong at 10 lb quart. Jersey black caps at sale quart, watermelons closing at 70 25 100. Over 75 000 metons received in six days. Evaporated apples firm at 17e ib tar fancy, i 16e good to choice, oranges and lemons vary by source with Messina jobs at 5 7 WP per box and Palermo at 5 b0 7 00 F box. California fruits list apricots 2 2 25 per case, pears 3 4, peaches 2 3, plums 2 2 50 per case. Overall a good fair sale.
MENTIONED IN THIS ARTICLE
Chicago
Maryland
Delaware
Hudson River
Messina
Palermo
California
Cotton and sugar markets show mixed steady to firm tone
Liverpool cotton futures opened steady and closed firm with July at 5 44-64d and later months near 5 13-64d. Spot Upland middling firm around 53 4d, with 12,000 bales sold and 10,400 American. New York spot closed easy while futures opened firm with varied bids and asks, plus line on pipe line certificates. Sugar remains steady with refined prices firm. molasses show steady cargo notations across regions from Porto Rico to Cuba.
MENTIONED IN THIS ARTICLE
Liverpool
Orleans
New York
MGM
Ogb Ces
Gow
Manila
Belmont
Cienfuegos
Barbadoes
Cuba
New York Flour Receipts and Prices Report
New York shows flour receipts of 17 288 pkgs with exports 1611 barrels and 922 sacks. prices steady with various grades from Minnesota extra good to prime at 4 30 to 4 60 and No 2 red and white bids near 81 to 83 cents. Rye flour and cornmeal steady to quiet. oats and barley mixed with minor activity and exports varying by region. overall market figures reflect firm rye and near steady closing values.
MENTIONED IN THIS ARTICLE
Minnesota Bakers
Michigan Stone
Chigan
New York Rollers
Canada Superior
Canada
New York
Canada Western
Eastern
Minnesota
City
Chicago
Also Mentioned on This Page
Chicago Markets
Wilson W. Fay & Co
State Street
Lord Acoustic
Lord UN Tel
Elec
LOO Dirks
Crescent
Seeeer Eran Eree
Summit Branch
Septarnis
Sis Ae
Eastman C
Quincy
Bell Teleseee
Aspinwall Enee
Oston WP
Wee
Newport
Ee&l
Eoteree
Cba&n
Ererare
B&q
San & C
Fitch
E. KO
J &B
Pullman
Ae A
T & SF
A&p Inc
Ds OW Inc
Cal & Hee
Osceola Mg
Ste
Fts &G
Ao Inc
Ny&ne
O&lc
Ee Rutland
Ee Lamson
Eae
Atlantic Moad
Frenchman’s Rams
San Diego Li
West End Ld
T&sf
Ewes
B& Alb. Ee
B& Ee
Fritchburg ‘Pra
Pullman Pal
Mexican Central
Guadalajara
England
Tampico
Metaposa Canyon
Skagen
Louisville, Evansville & St. Louis
Inc
NEB Co
Flint & Pere Marquette Common
Sandusky
Burlington & Northern
Springfield & Memphis
Birmingham
Memphis
Boston & Lowell
Fitchburg
West End
Topeka
San Diego
French Bay
Newport Land
Boston Syndiate
San Teen Ranch
Calumet & Hecla
Bonanza Bready
New York City
Bank of England
Calumet & Heela
Lake Perior Company
Upper Michigan
Rudder, Peabody & CO
Devonshire St
Boston, Mass
Nassau Lst
Issuf Mercantile and Travellers
Messrs
Baring Brothers & Co
Europe
British Provinces
Vlladelphia
Treasury
Mason Building
Kilby St
Thomas Leavitt
N. Y
American Water Works
C. H. Venner & Company
W. T. Hatch & Sons
Winthrop & Percy Smith
Philadelphia
Woodbury & Moulton
Devonshire Street
F. H. Prince & CO
Bankers
Kansas & Western
Chicago, Burlington & Northern
Northern Pacific RR
Boston Stock Exchange
Ard
A & Pac Inc
B&n
OSL
Bonanza Mg
San Diego Ld
Weat Ena la
Ea Meccan Fitchburg Pe
F& PM
Faa
Spr&m
M. A.t&s
A&ping
Cai So Inc
Spr & Cin
Nemlock
West
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
NEW York Financial
Foreign Financial Markets
San Francisco
Cal
AMA
Sevecens
Mono
Bulwer
Etek Eee
Mt. Diablo
Jest & Belcher
Bodie
Arp
Ick
Choliar
PoLosi
Montreal
Baltimore N. Orleans
Vermont
Eastern Creamery
Western
Elgin Creamery
Western Creamery
Merrimack
Northern Choice
Ohio Choice
Choice Canada
Choice Fresh
Michigan
Nova Scotia
Island
New Brunswick
Snes
Red Top
New Southern
New Long Island
Jerseys
Dew Works Cess Weseok Ltd
Soi
Baltimore
New Orleans
Peewee Ee
Eer
Rene
Bacon, &c