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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 11, 1887
Page
6
Boston money market remains calm with little change and firmer hints. Double names trade around 4% to 5%. collateral loans at 3% to 4% per annum. New York funds show premiums and discounts. exchange totals and bank balances shift modestly.
Basset Whitney & Co. offers buying and selling of stocks and bonds for investors or on margin. The firm acts as dealer in municipal and railroad securities, coordinating trades and portfolios for clients.
Today’s stock transactions report 165,248 shares traded. It lists shares sold with opening, high, low and closing prices for the day and compares to yesterday’s closing. The data outlines market activity and price movement for the session without additional commentary.
Reported by Wilson W Fay Co Boston sales June 10 list shows numerous stock items with small lot counts and prices for mining and miscellaneous stocks including Burton Stock Cars Norton Door Check Shaw Door Check Kensington Chair Lord Acoustic Telephone Boston Water Power Security Am. pS. Ty Lidy Line Stock.
London bond and stock quotes show Consols at 1015 16 for money and 1015 1 2 for the account. United States 4s at 132 1 2 and do 4148 at 112 1 2. Atlantic and Great Western seconds at 11, Canadian Pacific 61, Erie 3 4, Illinois Central 139 1 2, Mexican ordinary 62, St Paul common 93 4, New York Central 114 4, Pennsylvania 56, Reading 26.
New York traders faced a steady dull session with prices stagnating after early gains. The day ended close to opening levels as rails and bonds traded cautiously with Lake Erie & Western preferred showing strength and several issues stepping down or up modestly.
New Haven interests and the New York and New England system clash before the aldermanic committee over Derby railroad control and tidewater rights. William H. Stevenson offers 250000 with extensions and funding guarantees, while Charles P. Clark backs city financing and lease to Consolidated with guaranteed dividends.
A syndicate of investors subscribes for unissued 6 percent first mortgage gold bonds of Oregon Pacific railroad aimed to complete the line from Yaquina Harbor, Oregon to Boise City, Idaho. Boston capitalists join Georgia and Tennessee alike to back Atlanta Knoxville and Northwestern road. New Haven to petition railroad commissioners to allow Sunday trains against prior prohibitions.
John EK Ward Roxbury liquor dealer petitioned into insolvency Thomas J Fuller liquor dealer foreclosure on store fixtures H O Sparrow Provincetown Mass settling in insolvency OConnell Middletown boot and shoe dealers Cincinnati assignment Liabilities 20000 assets 15000 Jonas Saenger musical instruments New York City assignment Preferences KE Palmer Co New Orleans wholesale dealers accept 50 cents on the dollar payable in six twelve and eighteen months Liabilities about 150000 with 51000 for merchandise due in New York and Holyoke Mass
A compiled snippet lists agents and firms in many cities including Augusta Craw Addison Buffalo Chicago Detroit Dubuque Louisville Lincoln Webster New Orleans Memphis Pittsburgh St Louis San Francisco Nickel sburg Wheeling with associated firms and representatives such as C J Rooney M J Callahan W H Walker S A McClung H P Baldwin D G Elliott Shafer Rosenstock Cahny Nick elsburg Boyd and others from various companies duties.
The Dun and Russell weekly trade review notes improved crop prospects and finances but warns labor contests and strikes erode demand. Reports from the Northwest praise rapid railway growth with 225 miles completed in one week, while builders’ strikes linger in Chicago. Also includes a medicinal ad for Digestylin with price and supplier details.
In a quiet trade, fish, flour, corn, oats, butter, eggs, beans, seeds, hay, tallow, and molasses hold steady or unchanged. Cheese softens while apples and strawberries stay weak or abundant at low prices. Potatoes demand remains good and refined sugar gains strength. truck demand remains fair amid flat provisions and raw sugar.
The mackerel market remains steady with fair receipts and stable prices. Weekly imports and domestic catches are detailed, noting large small and medium fish, with new Nova Scotia and Cape Cod consignments and shifts in boneless cod packing practices. overall demand steady, prices unchanged, and the fleet’s activity described across several ports.
A dense listing of seafood and canned goods with varied prices. New Georges and Haddock priced per unit, fresh mackerel by grade and sauce, lobster and clams listed, sardines by brand and oil content, plus cod, halibut, salmon, shad, and oysters with regional notes and per unit costs. Local market pricing details include Providence River and Penobscot salmon mentions.
Market notes show flour firm and quiet with steady demand only for essential purchases. Corn steady with moderate sales. oats and oats products mixed. steamer yellow and mixed corn prices noted. Millfeed lower but supplies adequate. grain prices and inspections listed along with bids, asks, and settling price.
Market notes show mixed butter quotes with New York firming and Philadelphia steady. Western creamery bids at 16 to 19c, New York and Vermont terms similar. Eggs and cheese hold steady in several markets. beans, seeds, potatoes, and hay also steady with modest demand.
Strawberries and various fruits priced by region and type. Railcar load notes apples and russets. dried apples and evaporated varieties listed with price ranges. Foreign fruits including Valencia oranges lemons Messina Palermo priced per box or case. Vegetables like asparagus cabbages onions peas cucumbers and tomatoes shown with crate or per unit pricing and demand notes.
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