Money Market Dull and Easy With Rates Steady
The Boston money market shows dull, easy activity with the clearing house rate held at 2 percent. Time loans run 3 to 5 percent and collateral-backed call loans around 2.44 to 2.50 percent. Exchanges and balances shift, with New York exchanges near 89.87 billion and large bank balances, while government securities remain steady. The local stock market is quiet, led by Chicago, Burlington Quincy and Union Pacific gains, with mixed moves across rail and utility issues.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Chicago
St. Louis
San Francisco
Sight
Telegraph
New Orleans
Bank
Charleston
Savannah
United States
National Bank
Secretary of the Treasury
Burlington Quincy
Union Pacific
Oregon Short Line
Calumet & Hecla
West End
Atchison
Burlington & Quincy
Chicago, Burlington & Northern
California Southern
Pullman Palace
Mexican Central
Atlantic & Pacific
Chicago & West Michigan
Cincinnati, Sandusky & Cleveland
Wisconsin Central
Missouri
Utah
Northern Pacific
Manitoba
Montana
Oregon
Dividend declarations from Ashton Valve Sewall Safety and Mason & Hamlin
The Ashton Valve Company declares a 65 percent quarterly plus 24a and 242 extra dividend payable August 1. Sewall Safety Car Heating Company declares a quarterly dividend of 1 percent. Mason & Hamlin Organ and Piano Company declares a No 80 dividend of 3 percent payable August 1.
MENTIONED IN THIS ARTICLE
Ashton Valve Company
Sewall Safety Car Heating Company
Mason & Hamlin Organ and Piano Company
Williams & Co Boston Stock Exchange Auction Sale 1888
Williams and Co of Boston lists stocks to be sold at auction on Wednesday July 25 1888 including New England Mortgage Security Co Manuf Natl Bank Hamilton Natl Bank Shove and Leather Co First Natl Bank Salem Nanumkeag Natank Vermont & Mass Railroad Det Lansing & Northern RR Lynn & Boston RR Co Boston Gas Light Co Framingham National Bank and other issues with many notes listed as collateral and details partially abbreviated.
MENTIONED IN THIS ARTICLE
Kimball
Sweetwale
San Diego
Calumet & Pecla
Franklin
Iuperintendent
Houghton
Mich
State Live Stock Co
Nat. Bank
St. Louis Cable & Western Consol
Consol
Electric Light Co
New York
Merriam & Morgan Paraffine Co
Cleveland
Thayer & Judd Paraffine Co
New Bedford
Mass
Shetucket Co
Norwich
Conn
Cheshire KR
Detroit
Lansing & No
Merrimack N. Bank
Fiaverhill
New England Gangs Co
Mt. Desert
Penobscot Bay
Jay Cordage Co
Boston & Maine RR
First NX. Bank
Danvers
Naumakeag Bank
Salem
Worcester, Nash. & Roch
Kansas City & Cameron I
Little Rock Junction
Kansas City, and
New England Mort. Sec. Co
Mtg. Co
Manuf
Bank
Hamilton
Hank
Shove
Leather S. Bam
First Natl. Bank
Sigis
Nanumkeag Natank
de Vermont & Mass
Lansing & No. RR
Louis
Evansville
Lynn
Boston H. RR. Co
Bsion Water Power Co
Kalamazoo & South Haven RR
McKay Met. Fast
Boston Gas Light Co
Boston
Chicago
Liverpool
Framingham N. Ban
T&s. Shinee OS
A & Pine
Cainl
tAm'n
Yunkin
Memp & Birm
Mara
M&s
Gressarel
N . Meter Ny& SE
Og & LC Hainecon
Televio
Wis
Loston Land
S Bay
Sulivan Harbor Land
Weat End Land
Allouez
Cash
Mont Coupe
Jah & Hog Pw
Albany
Lowell
T&s
Sree
G& W
Y&n
Money markets and stocks show firm tone in New York
Money on call remains easy, 1 to 14 percent, last loan 1 percent, bar silver at 91 5 percent, sterling steady around 4.86 to 4.89 for bills and demand. Government bonds dull, railroad bonds generally strong. Stock list closes near best prices after a volatile day with New England and St Paul leading activity and several rails rising, purchases totaling 1.865 million dollars with Fort Worth & Denver and Texas Pacific issues notable.
MENTIONED IN THIS ARTICLE
New York & New England
Boston & Albany
Boston & Lowell
Old Colony
Boston & Maine
West End Railway
Central Massachusetts Common
Fitchburg
Troy
N. Y
Mexican Central
Birmingham
Chicago, Burlington & Northern
Atchison
Vermont
Chicago, Kansas & Western
Fort Scott & Gulf
Springfield & Memphis
Fort Scott & Memphis
Louisville
New Albany
Chicago
Denver & Rio Grande Western
Lexus Pacific
Texas Pacific Railroad
Texas Pacific
Kell Telephone
New England
Frenchman’s Bay
Sullivan Harbor
Hawkins
Cove
Lamont An
Sorrento
San Diego
Imball
Lawrie
Kimball
San Diego Company
Busihe
National City
National Ranch
Chula Vista
National City & Otay Railway
Inci
Schuyler
Unadar B
Service Department
California Southern Railroad
New York
Prime Mercantile
Sterling Exchange
Nea
St. Paul
Lackawanna and Consolidated
Reading
Richmond & West Point
Fort Worth
Milwaukee, Lake Shore & Western
Kansas & Texas
Harlem
Hon Mountain
Texas & New Orleans Sabine Division
Green Bay Incomes
Foreign Financial Market Report From London
London July 24 Consols 997-16 for money and account. Atlantic Great Western firsts 67 12, seconds 74 4, Canadian Pacific 58 1/2, Erie 27 9s, Illinois Central 121 4, St Paul 72 5/4, New York Central 109 3/4, Pennsylvania 55, Reading 32 1/2, Mexican Central firsts 68 7/8. Money 1/2 percent. Open market discount 1 1/2 percent. Paris 3 percent rentes 83 francs 75 centimes, exchange on London 25 francs 31 centimes.
MENTIONED IN THIS ARTICLE
Boston
Eecesnsess
Atlantic Ease Eyes
Bonanza Development
Eee
Montana Eeprest
Calumet & Hecla
Catalpa
Crescent
Franklin
Lionton
Kearsirge
Eae National
Osceola
Essosten
A - Boyision
Bermkiine
Ase
Campobello
Aeseees
Frenchman’s Bay
Newcoort
Lamoine
Winthrop
Wollaston
Atchison Isles
L. G
Okally
Ae Sewer
Scare Chi
Kaun, & W. Os
Ines
Sa Kbe
Wis
Divi
Li . K
A & St. Ll
Vies
N.Y
Vda
A. i. Gs
Og. Gs C. Con
Pueb. & A.V
Rutland
Kansas
Sonora
St. Jo. & Gol
Aga. Fk
Sue
To &S.F
Atlante & Pacific
Peston &Aidany
S . He
Boston & Lowell
Boston & Maine
Boston & Proidence
Cal
Muss
de Peel, Is
N. Oor
Ci Leve Canton
Col
Spain
Biys
Fitchburg
Flint & I’. M. Com
Old Colony
Ralland
Union Pacific
West Ind
Central
Bell
Belaneo
Wastman Cay
Bite
Lamson
Pullman Palace
London
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Central
St Paul Common
New York Central
Pennsylvania
Paris
Market News Rowing Through Quiet Commodities
Commercial matters show mixed tones with several staples steady or quiet. Corn and potatoes attract some demand while oats and rye remain dull. meat prices vary with fresh beef lower, pork and lemons in fair demand, and raw sugar very firm.
Market Prices Steady as Trade Remains Quiet Across Commodities
In the general market little change is noted with steady prices and quiet trade. Demand varies by item. Pennsylvania lots show fair demand while Northern and Eastern 12-foot planed stock fetches 12 1 2 to 12 1 4 per unit. Shingle markets stay well supplied with steady prices. pine and spruce lines show mixed levels, and cargo lots for spruce remain available. Eastern pine trade has been quiet with arrivals continuing to arrive.
MENTIONED IN THIS ARTICLE
Pennsylvania
Canada
la Hs
Lumber market steadiness and rising Ottawa output
The report notes steady prices across pine and spruce lumber with varied yard quotes for boards planks and sizes. It also states Ottawa district lumber production will be about 500 million feet this season, up over 40 percent from last year, with one tenth sold to U S dealers.
MENTIONED IN THIS ARTICLE
Ottawa
United States
Crop Report Shows Broad Improvement in Grain Prospects
Prime's crop bureau reports weather in the Northwest and Southwest has turned favorable after two years of drought. Spring wheat ready for harvest mid August. overall crop late but improving with sufficient rains. Wheat in Minnesota, Dakota and Wisconsin praised. Kansas rains boost prospects. Corn stands fair, uneven, but potential for a larger overall crop despite rust and pests. grass yields satisfactory with upcoming harvest and chinch bugs largely past.
MENTIONED IN THIS ARTICLE
Prime
Messrs. Putnam, Messervy & Co
State Street
Ohio
Kansas
Northwest
Northern Pacific Railroad
Minnesota
Dakota
Wisconsin
Cro
Michigan
Indigo Market Report From London Sale
The quarterly indigo sale in London ran from the 9th to the 12th with stagnant activity. Of 9500 chests offered, 5193 were withdrawn, 858 bought in, 3510 sold at hammer, and 490 privately set, totaling 4000 sold. Prices fell across grades and oudes dropped 4d to 6d. Stock levels show July 7 1888 at 16826 chests versus 15010 in 1887.
MENTIONED IN THIS ARTICLE
London
Bengal
Flour Market Report with Diverse Grain Prices and Trade
John al ly Welsh reports carload grain prices and domestic flour quotations, noting a quiet market with improved demand from jobbers and out of town buyers. Spot prices show ranges for fine to Canada export grades, with New York receipts and steady sales across flour types and patent grades.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Canada
Also Mentioned on This Page
Ape Eerie Oe N. Bank
Rookline Gaslight Co
McKay
Asso
Ascollateral
New York & New
RR. Com
Monadnock
Atlantic Coito
York Mfg. Co
Obills
N Mills
Great Falls
Fg. Co
Portland
Saco
RR. Go
N. H
Fast
Middlesex Mills
Shawmut W. Kan
Plymouth Cordage Co
Amory Mig. Co
Ogdensvurg & Lake Champ. RR
Lastern RR. Co
New Hampshire Trust Co
Equitable Mort. Co
Kansas City
Quincey Mining Co
Nath Bank of Salem
Lyman Mills
Do.hill Mtg Co
Sugar Refineries Co
Wisconsin Cent
Chicago, Burn. & Quincy RR
Pullman Palace Car Co
Little Rock Juncion
Boston & Provincetown Steamship Co
Exsex Co
Atchison, Ae Santa Fe
Chicago Markets
Beil Company
Pullman
Ena Ig
T& SF
Ceene Sho
Wueblo & & Ark Val Tess
Ghoees
Erie T
Sullivan Harbor Land
Wee
Bos & Mont, Copper
Cal & Bec
Ny& E
Ny&ne
Ae Og & L Cham
Polluunn
He & Pacific
Air Line
Roch
Pacific
Anton Ee
Lowa
Chi
Sania
Eenee
Hans & Q
Lidte
Lab
Clave
Del
Hie
del. & L
Den
R. G
Fort Wayne
Serene
Texas
U. Central
Lie
An. & Pex
Lins. & Jem
Laka Shore
Louw
Beach
Ubio
Nash
Chat
J. Cent
Ice
Pittsburg
W.P
Rocksia Na
O. C
Aces
Paes Ee Utica & Ls
Saie P
Pacific Mail
Pullman Pal
W. Union
Bea Hakesee
N.W
Lil Cen
IP. Lsts
A . Nav. lLets
D.& RG
P&p
St. P
Pe & P. Erie
Seaevene
Isis
Mmi
Tex
P.L
Itex
P R. NichdeGe
Pac
Li iv
Plymouth
C. Cal
el Cristo
Hale & Nor
Glo S. Nevada
Hock
Avejo
Farnum, Reardon & Co
England
Tosh
City OF
Pamsey County
Blake Brothers & Company
Nassau Street
Brewster, Cobb & Estabrook
Congress Street
Missouri, Kansas and Texas Railway Co
General Consolida
United States Circuit Court
Missouri Pacific
Missouri, Kansas and Texas Railway Company
Edward D. Adams
Winslow, Lanter & Co
Nassau At
William J. Bull
Edward Sweet & Co
Road St
William White
REGIE
Union ‘Vrust Company
Broadway
William
Ertens
I. von Fomtiman & Co
Wall
Devonshire Street
Williams & CO
Boston Stocck Exchange
NEW York Financial
California
Potosi
Best & Belcher
Savarz
Bodie Coul Ee
Sierra Nevada
Union
Crown Point
Gould & Curry
Hale & Norcross
Commonwealth
Nevada Queen
North Belle Isle
Foreign Financial Market
Crop Report
Indigo Market
John
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