Money Market Mixed Estimates and Bank Data Report
The May market closes with steady money and unchanged rates with time paper 8% to 6% and call loans 2% to 3% in Boston. Clearing balances sit near 2%, New York funds premium 5 to 10 cents per $1000, while government securities hold at 107 108%. Bond offerings total 154 850 with several 4 and 4 1/4% issues priced around 127%. The local stock board shows dull activity, with May totals down year over year, and analysts noting subdued investor sentiment amid crop and political concerns.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
Sancisco
Telegraph
New Orleans
Commercial
Bank
Charleston
Savannah
United States
National Bank
Wit National Bank Depositories
Secretary of the Treasury
Oreign Exchange
Frances
Reichsmarks
Bank of England
Bank of Erland
Bank of France
Local Rail Firms Announce Dividend Declarations
The Philadelphia, Wilmington and Baltimore Railroad Company declares a 3 percent dividend while the Central Car Company proclaims a 2 dollar per share payout. The Delaware and Hudson Canal Company announces a quarterly dividend of 142 percent.
MENTIONED IN THIS ARTICLE
Philadelphia, Wilmington & Baltimore Railroad Company
Central Car Company
Delaware & Hudson Canal Company
Bondholders for Missouri Kansas Texas R R seek action in 1888
In a notice to general consolidated mortgage bondholders of the Missouri Kansas and Texas Railroad Company, a committee is formed to protect interest in anticipation of default on June 1 1858 coupons. Names and addresses of likely collaborators are listed including Edward D Adams Winslow Lanier Co and William Whit ewright Union Trust Co with others in New York and Boston.
MENTIONED IN THIS ARTICLE
General Consolidated Mortgage
Missouri, Kansas & Texas R.R. Co
New York
Edward D. Adams
Winslow, Lanier & Co
Nassau St
William L. Bull
Edward Sweet & Co
Bread St
N. Y
William Whiltewright
Union &Trust Company
Broadway
William Mertens
L. von Hoffaian & Co
Wall St
William L. Strong
Work, Strong & Co
Broad St
Wal
Auction Sales At Boston Stock Exchange 1888 List
The Boston Stock Exchange auction sale list for Saturday June 2 1888 includes Charlestown Gas Boston Wharf Marblehead Gas and Electric Light Automatic Can Machine Champion Iron McKay Met. Fast. Ass. First Nat Bank Hyannis and Portland Maine railroad and bank securities various bonds and warrants with numerous railroad and bank entries across multiple firms and regions. The compiled notes show extensive holdings in regional railroads banks and industrials with prices and maturities, ending with New York stock details for May 31.
MENTIONED IN THIS ARTICLE
Charlestown Gas Co
Boston Wharf Co
Marblehead Gas and Electric Light Co
Automatic Can Machine Co
Champion Iron Co
McKay
First N. Bk
Hyannis
Mass
First Nat, Bank
Portland
Androscoggin & Kennebec
Old Colony Steamboat Co
Algonquin Club
Ailso
Portsmouth Gt. Falls & Conway RR
Douglas Axe Man’s Co
Fast Asso
Boston Tow Boat Co
Globe Natl. Bank
Pyesninghens Nath Bank of
Framingham
Adm
Merchandise Nat. Bank
Manchester & Lawrence RR
Winnisimmet Co
Metropolitan Natl. Bank
Webster Bank
First Natl. Bank
Chicago & West Michigan RR
Quotations and Last Sales From Boston Stock Exchange
Corrected daily quotes near the First and Second Call show bid and asked prices. Entries include stock names such as Pullman and Balace Carla with last sale figures and bid asked spreads reflected in MISOPLLAN t.OUS listings.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Misopllan T.ous
Cal
Ane
Fastman Car Heater
Ang Ate Lamso
Store Ser.Co
Pullman Balace Carla
Foreign Financial Markets May 31 London Paris
London and Paris report mixed gains in markets with Consols at 997 16 for money and 999 16 for the account Erie at 24 percent and 95 Erie seconds Illinois Central 122 Mexican ordinary 40 percent St Paul common 68 14 Pennsylvania 63 49 Reading 80 56 Mexican Central 15 The Bank of England bullion in balance today 24000 pounds total bullion up 448000 over the week BoE reserve ratio 39 53 per cent Paris three percent rentes 82 francs 65 centimes checks exchange London 25 francs 284 centimes Money 1 percent Open market three months bills 15 Paris Bank of France weekly gold decline 19 000 000 francs silver up 4 500 000 francs
MENTIONED IN THIS ARTICLE
Brokers’ Board
Jahet
Bar Harbor
French Bay
Ae Atlantic
Cal & Hec
Central
Franklin
Osceola
A. T&s
B&q
Ny&ne
M. A
T& SF
B& Mo
M&b
Og & LC
S* P & Ark
Bell Tel
Erie
Aspinwall
Lamoing
Topeka
West End
B& Mont
C& Hee
Old Col
Pullman
Valuo Inc
Kansas Inc
Aw Bell Tel
San Diego
Traiklin
Eeeseee
Quincy
Aera Eaee
Eevee
B&a
Cba&n
Sere
Feastern
Ny& E
Seere
A, T&s F
M & St P
Ov & L
Ark
Erie Tel
Lamson
Boylston Street
Brookline
French Bally
San di Oeves
West
Atlantic
B & Mont
Tamarack
L&n
Fitch
Ny&n Winsic Ussee
Cali
Allouez
Bonanza
Isis Crescent
MNKIN
Huron
Trenton
Kearsage
Newene
Lamar Feoereerre Land Companies
Boston
W.peneetee
Campobello
Ethene
Maverick
Newport
Payson
Penobscot
Diego
Los Bea
Winthrop
Weves
Wollaston
Atchison
L. G. Is
BS & Mo
L. G
Lb. & Ae
Kan
K. C
N.Y
N. E
Oregon S. L
L. C. Con
Pueb
St.Jo. & G
Wis. Cen
Do Inc
Atch
To &Ss. I
Taptlantic Pacific
Boston & Albany
Rons Hoston & Lowell
Boston & Maine
Ails
Boston & Prov
Cal
Southern
Nee Ae
Canton
Ee C
Col
Ee & Cin
Del
K. Ae Cl
Sp. Sp
Mem
K. CG
M. Erer
Ft. S
Maine Central
Seereg Aeea Llz
Eeeewene
Old Colony
Pea
Rotland
Ener Ee
Summit Branch
Union Pacific
Wis
Babes Santa Se
Sneer Eee
London
Illinois Central
St. Paul Common
Pennsylvania
Reading
Mexican Central
Bank of England
Paris
Bank of France
New York Financial Summary on May Market Close
Money on call eased from 14% to 2, last loan at 1% with 142.2 closing. Prime mercantile paper at 4.6. Bar silver 9 15%. Sterling steady around 4.86 to 4.88 on bills. Government bonds dull, rails barely steady. The stock market was extremely dull after 2:15 p.m. with little movement aside from Omaha dropping 1% on light trade. Major declines: New England, St. Paul, Missouri Pacific. Omaha fell 1% late. Total sales $930,000 with widespread dullness and fractional losses from opening.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Omaha
Missouri Pacific
New England
St. Paul
Northwestern
Morris & Essex
Louisville
New Albany
Northern Pacific
San Francisco
Texas Pacific
Cairo
Arkansas
Bonds and mining shares listed with varied yields
A dense reading of bonds and mining stocks shows mixed yields across issuers. Entries cover utilities, railroads, express companies, and mining firms with percentage figures, notes on pref or common stock, and regional issues, reflecting a broad market snapshot.
California Mining Stocks Close in San Francisco
The official closing prices for mining stocks on May 31 in San Francisco list several names with varied values. Notable entries include Best & Belcher 3.80, Ophir 65, Bodie Consolidated 2.30, Crown Point 0.5, Union Consolidated 3.10, Eureka Consolidated 5.50, California & Virginia 10, Hale & Norcross 7, Mexican 0.60, Nevada Queen 0.80, Mt. Diablo 3.73, and others such as Grand Prize 2.15.
MENTIONED IN THIS ARTICLE
Boston
Ra 'Han
K. Il Allouez
Royal Gold
Arno
St. Louis
AZLAC
St. Mary’s
Bonanza
Owman
Security
Reece
South Side
iSutro Tun. Ai
Bruns. G
Washin
Catalpa
Winthrop
Crescent Aeee
Am. Elect
Burton Car Dunkin
Eureka
Qi R. Hanover
Ken
Lord AG
Mass
Huron
Minnesota
Stan
Napa
Toledo
San Francisco
Cal
Best & Belcher
Ophir
Bodie Con
Potosi
Esserees
Sierra Nevada
Crown Point
Union Con
Eureka Con
Utah
Esseee
Gould & Gurry
Yellow Jacket
Commercial market notes show varied prices and steadiness
Leather unchanged and hides dull while flour remains quiet. Corn and oats steady or easier, rye firm, millseed very strong, and cottonseed meal firm. Butter weak, eggs firm, beans fair demand, potatoes steady, hay in good demand, poultry quiet. Apples oranges lemons steady, pork fair demand, lard firm, beets quiet, fresh beets in fair demand, muttons lambs veals unchanged. Truck strong, raw sugar firm, refined sugars active, molasses steady.
Wool Market Holds Steady Despite Tariff Fears
Wool prices ease slightly as demand stays cautious and Western producers hold stocks above buyers’ view. Texas clip is smaller but relatively clean while California clip remains good. Foreign market unchanged. quotes list diverse wools and fleeces with varied regional pricing.
Wool Market Updates From New York and Philadelphia
In New York the wool market shows little new business and an uncertain tone, with buyers and sellers cautious yet prices holding steady for fleeces. Philadelphia trade remains dull with generally nominal prices across regions and qualities, while more manufacturers seek stock despite hesitations about future contracts and consignment terms.
MENTIONED IN THIS ARTICLE
New York
Philadelphia
Ohio
Pennsylvania
West Virginia
Michigan
Indiana
Western
Canada
Wool Market Prices Across Regions and Noted Receipts
The report details varied wool prices and quality across Oregon, Colorado, New Mexico, and St Louis with fractions for combing and clothing grades. Galveston reports large weekly receipts above 250000 lbs, totaling 1284572 lbs season to date, with prices for fine spring and six to eight months clips. Texas receipts from Lampasas and Burnet regions are large, noting Western buyers regard these wools as best and lightest, with Texas Trading Company handling about 8 million pounds this year.
MENTIONED IN THIS ARTICLE
Oregon
New Mexico
Colorado
St Louis
Louisville
Barry
Galveston
Lampasas
Tex
Texas Trading Company
Burnet
Leather and Hides Market Maintains Sparse Activity
Leather and hides markets show steady demand but very quiet movement for rough and finished leathers. Prices mostly unchanged with some declines in certain hides and pelts. sales occur in small lots with weaker finished splits. Notable prices listed for sole leather, finished leather, and various hides and kips reflecting cautious trading and accumulating green hides.
MENTIONED IN THIS ARTICLE
Brighton
Brighto
New England
Oalfskins
Flint
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
Corrientes
Cordova
The Chicago Markets Reported by Farnum Reardon
Trading in wheat was large and unsettled with sharp fluctuations as July wheat moved from 85 to 83 1/4 cents. Corn weakened on high receipts while hogs and oats showed mixed receipts and prices. Provisions were weak, with selling pressure seen across staples and sizable projected car loads for tomorrow.
MENTIONED IN THIS ARTICLE
Farnum, Reardon & Co
New York
Ako UK
Boston Market Flour and Grain Prices and Receipts May 31 1888
Boston markets report local prices for flour and grain with receipts tallied for May ending May 31. Includes year over year comparisons of flour yields in bbls half-bbls sacks and grain categories such as corn oats rye wheat barley malt hops and millstuff.
MENTIONED IN THIS ARTICLE
Tobach
Also Mentioned on This Page
Irving A. Evans & Co
Congress
Kansas
Texas
Hutchinson
Atchison, California Southern
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Chicago, Burlington & Northern Company
Wisconsin Central
Flint & Pere Marquette
Eastern
Eastern Railroad Company
General
Lawrence
Messrs
E. Peabody
W. L. Hunnewell
Northern
Fitchburg
Birmingham
Oregon Short Line
Consolidated Vermont
Chicago, Kansas & Western
Springfield & Memphis
Bell Telephone
Erie Telephone
Railway
West End Street Railway Company
Boylston
Boothba
Ska
Frenchman’s Bay
Chicago Herald
R. C. Flowers
Calumet & Hecla
Kearsarge
Boston & Montana
News Bureau
Montana
Lewisohn
City of
Worcester
U. S Government
Blake Bros. & CO
State St
Old Colony Railroad
R. L. Day & CO
State Street
Adams, Blodget & CO
Congress Street
Williams & CO
Peoria
Massachusetts
Brewster, Cobb & Estabrook
Kidder, Peabody & C9
Bankers
Devonshire Street
Nassau Street
ISSUE
Messrs Baring Bros. & Co
Europe
California
Fastern RR. Co
West End Steel RR
Central Minines Co
Currant River RR
Boston & Maine RR
Oadenspare & Lake Champ. RR
Consol, Mort
Boylston N. Bk
Old Colony Rd
K. Howard Watch and Clock Co
Fitchburg Rd
Pfa
Central Mass
Mexican Cent
Top
Santa Fe
Atlantic & Pacific
Rutland
Saginaw Valley
Cedar Rapids
No. R.R. Consol
Maine Central Ra. Consol Mort
Saco Water Power and
Macaine Co
A.iBv
N. Exchange Bk
Salem
Somersworth N. Bank
Great Falls
Merrimack Bank
Taunton Locomotive Co
Wakefield Rattan Co
Vermont & Mass, Rr, Co
St. Ry
N. Bk of Commerce
Apat
Sonora Ry
Boston, Connard & Montreal RR
Dedham
Tremont
Duffolk Mills
Central RR
Edwards Mie
Home
Bank of Milford
Milford
American Ins. Co
Asmeskong Mfg. Co
Russell Mil
Essex Co
Shawmut Natl
Newmarket Mfg. Co
Shetucket Co
Norwich
Philadelphia, Wilmington & Balt. RR. Co
Shawmut Natl Bank
Fast Boston Gas Lignt Co
Boston & Maine RR. Co
Merchants
Natl. Bank
de Maverick
Ogd
Lake Champlain RR
Do Do Inc
Iau
Warren Natl. Bank
Peabody
Merchants’ Bank
de Simonds Rolling Machine Co
Do Consolidated RR
Andover Iron Co
Union Stock Yard Co
Consolidated RR
Sumner Co
Peat
Evansville & St. Louis RR
Burl. & Mac. Rivers RE
Neb
Globe Gas Lt. Co
T. Huis
AL Z Pacific
Air Line
Pacific
Iowa
Central Pac
Ches
Alton
Polcuse
Pillalge
St. i . Eeer
Ee Aeene Cleve. & Col
del. & H
del. & L
East Ten
Sereres
Fort Wayne
Harlem
Hocking Val
Houst
M.L
Pac
Wougl
Sone M. & Essex
Seer Nash
Chat
N. J. Cent
Ohio & Miss
Ps. D. de
Pittebur
Rich
Agi
Rock Island
Rome
Itis St
Atu
Va St
Servreeeraree
Baci
Utica
Ok W
Ees Pacific Matt
Pullman Pat
Tol Ww. Union
Seer
Esee Ae . Con. Co
Enee Ener Petroleum
Mining and Stock Exchange
Foreign Financial Markets
NEW York Financial
C. & Trans
St. L
1. M
T. G. Chi Ccevessa
NJ. C
N. W
Adams
Weils Fargo
Amador
Andl
Mt. Diablo
Col. Coal
P. L
U. Pac
W. Shore
Commercial. Matters
Wisconsin
New Hampshire
Vermont
Kentucky
Missouri
Territory
Wyoming
Georgia
Nebraska
Maine
Ettine Valley
Medium Valley
Washington Territory
Cape
Aleppo
Angora
Wbiz
Lac
Donsko Autumns
Donsko Combing
Donsko Carding
Donsko Black
East India
Vicaneer
Kandahar
Java
Bagdad
Chicago Markets