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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 15, 1887

Page

6

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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