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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 11, 1888

Page

6

Money Market Sustains Dull, Light Demand Across Cities

The Boston Money Market report shows a dull, easy week with banks well supplied yet demand light. Time paper ranges 3 to 5 percent, call loans 2 to 8 percent, NY funds par to 5 cents discount per $1000, and weekly clearinghouse balances steady at 2 percent.

Boston New York New York Clearing House

Mining firm declares dividend payable July 6

The Calumet and Hecla Mining Company declares a $6 per share dividend payable July 6 to stockholders of record June 9. Other companies announce dividends including New York Central and Hudson River 4 percent on New York and Harlem stock payable July 2, Cincinnati Indiana St Louis Chicago 14 percent quarterly on June 15, and Georgia Central 4 percent semi annual payable June 22.

Calumet & Hecla Mining Company New York Central & Hudson New York & Harlem Railroad Company Cincinnati Indiana St. Louis

Money on call and bonds drift at dull New York opening

Money on call ranges around 1 percent with last loan at 1 and closing 1 4. Prime mercantile paper 4 6 percent. Sterling steady at 4.86 to 4.89 for bills and demand. Government and railroad bonds flat. Stock market opens dull then weak with grangers leading declines, while railroad bonds stay firm. Total sales 513,000 with Texas Pacific new firsts at 114,000. Jersey Central convertibles up to 122 and other issues inch higher.

New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Wiliam H. Parmenter Winner Investment Company Kansas City United States Secretary of the Treasury Treasury Department Sterling Exchange Reichsmarks Atchison Union Pacific Burlington & Quincey New England Prime Mercantile Texas Pacific New Firsts Jersey Central St. Paul Hocking Valley Long Island Wabash Detroit

Auction Sale of Stocks June 13 1888 Includes Railroads Banks and Companies

Auction of varied securities to be sold Wednesday June 13 1888 by executor order. Listings include Metropolitan National Bank 7 shares, Eastern Railroad preferred 9b shares, Lawrence Machine Co, Arkansas Valley Town & Land Co, Simpson's Patent Dry Dock Co, several railroad bonds and coupons, City of Portsmouth Ohio bonds, Ogdensburg and Lake Champlain RR, Colorado Springs Investment & Improvement Co, Asiatic National Bank Salem, York Mfg Co, West End Type, No Chicago Rolling Mills, Sumner Co RR, Fitchburg RR, Boston & Lowell RR, Evansville & St Louis RR, Rutland WR, and other listed assets.

Messrs. Cordley & Co Atchison Strong Smith Southern Kansas Railway Gulf Texas Arkansas City Indian Territory Kiowa Kansas Union Pacific Oregon Railway and Navigation Company Metropolitan Telephone and Telegraph Co New York City Mercantile Trust Co New York N. Y Metropolitan Telephone Company Bell Coro A Ia Wigaaa Mercantile Trust Comany American Bell Telephone Company Metropolitan Telephone and Telegraph Company LEE, Higginson & CO State Street Boston Boston Stock Exchange Amonce Alnoia Atlantic Bonanza Heri Eacansce Catalpa Crescent Rapklin Huron Trenton Kearsarge Ener Segi National Boylston Street Brookline Campobello Seseess Frenchman’s Bay Aysoh Ly Penobscot Topeka San Diego Winthrop Wollaston Atchison 1Stes Plain At. & Pac L. G Chi. Kan. & W Eveenee Ee Ds W. Mich Wis Aiv Elk H K .C K. C N. E P. D.V Oregon L. C Pueb. & A. V Kan Iy St. Jo. & G de Inc Ee Railroad Companiles Atch Pacific Boston & Albany Boston & Lowell Boston & Maine Providencé Cal Southern Central of Mass Uae Canton Q C C. Conn River Col. Sp. & Cit Det Fitchburn.com Flint & Terveseee Ft. 8 CL & Sp K.C L., E. & St. Lacewes Maine Central N.Y New Eny Old Colony American Bell Erie New England Eastman Lamson Store Service Co Pullman Palace Car Wakefield Rattan Company Manut’rers Fire & Marine Ins. Co Financial Telegram Company Erpeewer East Boston Charlestown City Lowell City East Saginaw City Cambridge City Burl. & Q Louisville Evans Vermont City Rutland Fitchburg Lowell & Lawrence Chi. & W. Michigan Metropolitan Nat. Bank B. Belting Co. Algg Eastern RR Lawrence Machine Co Arkansas Valley Town & Land Co Simpson's Patent Dry Dock Co Top St. Fe RR City of Portsmouth Ohio Asiatic N. Bk Salem de York Mfg. Co West End Rype Old Colon RR Boylaton Ins Chicago Rolling Mills Do Natlube Works Co Sumner Co Ceres & Weat Michigan RR Fitchburg RR Boston & Lowell RR Tivansville & St. Louis RR Rutland WR Otee Eee Natl Bank Webster Bank Tremont Natl Bank North Natl Hbo SASS State Natl Andover Mass Suffolk Natl Blackstone Natl Bank Sere Merchandise Natl. Bank Asiatic Natl Bank Salem Eee South Danvers Natl. Bank Peabody Nail Exchange Bank SW Ee G Boston Belting Company Een Ee Naumeag Steain Otton Mills Newmarket Mig Allroad Fitehbur West Ba i Street Cheshire Railroad McKay & Bigelow Heece Coscacaece

Railway securities market drifts amid mixed London prices

London reports show irregular American railway stocks with New York Central up to 107 1 2 percent and Reading at 30 percent while Louisville and Nashville slip. British consols steady, Bank of England rate awaits possible cut as traders foresee continued money surplus and weak stock exchange activity.

London New York Central St. Paul Erie Atlantic & Great Western Louisville & Nashville Central Pacific Mexican Wy Canadian Pacific Union Pacific Lake Shore Bank of England Stock Exchange New York Reading Missouri, Kansas & Texas Denver & Rio Grande Boulanger Chamber of Deputies de Beers

Market Report Shows Varied Prices Across Commodities

Commercial matters note mixed shifts with Iren unchanged and copper firm, tin quiet, spelt easy, lead lower, flour unchanged, corn easier, oats steady, cornmeal easy, oatmeal firm, rye steady, rye flour unchanged, millseed firm, cottonseed meal in good demand, graham flour steady, hops dull, malt quiet, butter stronger, cheese inactive, eggs steady, beans quiet, potatoes steady, ray in good demand, rye straw firm, poultry quiet, apples firm, oranges steady, lemons in fair demand, pork firm, lard active, beef steady, fresh beet quiet, muttons lower, lambs very steady, veals easy, truck quiet, raw sugar firm, refined sugars active, molasses unchanged.

Ray

Print Cloth Markets Providence Slows Sales

The print cloth market closes firm with 64s at 334 1/2 cents and 56x60s at 3 1/4 cents. Total sales 61,600 pieces, down from last week’s 74,000. Deliveries to October and September accounted for most of the volume while manufacturers hold about 8,000 pieces of 64s and none of 56x60s.

Providence R. I

Iron market holds steady amid demand for steel rails

The iron market shows little change with a modest demand and steady quotations. Most activity centers on steel rails with orders totaling 15,000 to 20,000 tons while prices remain around 30 dollars at Eastern mills. Copper, zinc, and lead markets move modestly with varied price shifts and large syndicate stock accumulation noted.

Southern Forge Pennsylvania Pittsburg Western Nail Association Atlantic States Nail Association Philadelphia Copper Atlantic London New York Metal Exchange London Cables New York Baltimore FBI Gray Forge Eglinton Eglinton S20@20 50 PP tony Summerlee, $22.22 60; Gartsberry Langloan Glengarnock Coltness New England Straits

Market prices for metals and pipes listed in commerce

The sheet shows prices for coke at $525 and $550, various brands at $5.525 and $5.515, and TERNE related lines. Lead products show depth based pricing with lead piping and tin-lined pipe at 15¢ and 55c respectively. Zinc and spelter quoted at 53c and sheet zinc at 84 76.

Flour And Grain Markets Signal Steady But Quiet Trade

Prices for flour and grain show a steady, unchanged tone with jobbers reluctant to move. New York and Chicago receipts and exports remain heavy while milder bids persist for various flour grades and cereals across Milwaukee Detroit St Louis and Toronto markets.

Butter and Dairy Prices Stable in Mixed Markets Across Regions

The butter market remains firm with little change in quotes across Western and Eastern creamery, Vermont, and New York. Receipts are well cleaned, with bottom prices likely reached. quoted wholesale rates span Western extra fresh at 20c, Western firsts around 17 18c, and Vermont extras near 19c, while Easterns show steady demand and low cheese supply with slow sales.

Western Vermont Vermont Dairy Eastern Creamery New York Ohio Liverpool New Hampshire Choice Western Choice Nova Scotia New Branswok PE Island Hicher California

Also Mentioned on This Page

Chicago, Burlington & Quincy Flint & Pere Marquettes California Southern Louisville, Evansville & St. Louis Inc. Miles New York & New England Central Massachusetts Birmingham Southern Kansas Sullivan Harbor Treasury Alexander H. Rice Clyde D. W. Hunt James H. Howard Edward T. Morrisew Harry Highley Boston Safe Deposit and Trust Company Washington Boothbay Bar Harbor Lamonie Boston Steam Heating Company Theodore H. Vail Calvin A. Richards A. A. Pope Jasper H. Keller York Eaco Altimore Idianapolis Olumdus Tford Haven Coria Ortland Pringfield F. Joseph Worcester Wichita Grand Rapids New York Stock Exchange Prewster Cob & Estabrock Ongress Old Colony Railroad R. L. Day & CO Adams, Blodget & CO Congress Street Springfield Memphis Kansas City, Fort Scott & Gulf Railroad Company Kansas City, Springfield & Memphis Railroad Company Ao i Charles Merriam Fort Scott & Memphis R. RB Sears Devonshire Street Missouri R. R. Co Wuider Signel Edward D. Adams Winslow, Lanier & Co Nassaust William L. Bull Edward Sweet & Co Broad At William Whitewright Union Trust Company Broadway William Mertens L. von Hoffmann & Co Wall At William E. Strong Work, Strong & Co Broad St Williams & CO Forenoon SA Rori Ts’ BC Ighest MNE 9 A.M. P.M K& Wss M& St NY &N Og & LC Ee Pueblo & Ark Vis Ihails So Kan Hibs Co Far Harbor Land Boston Water Brookline Land Frenchman's Bay Annie Sullivan Harbor Land Cal & Hee Bssea Ee B & Lowell Golony Union Pac Yeas Sesses Iva Ae NEW York Financial Can. So N. W. Deb Cen. P D. Nav Llug O. & Trans Rglsis D.& RG. W. Eenee St. L Blyq Vm. Eee Kan. P St. P Den.d M., Ko & Tug Ceeeees Boyn So. P. Lets N. W Tex, P. Tr Neck Pace W. Shore Adams Wells Fargo American Amador Homestake Ontario Proustite Col KE Cristo Quicksilver Tenn. C At. & Pacific Air Line Roch Roch & Eeee An 20 B Central Pac Chi. Alton Il C Cleve. & Col Eatere del. & H del. & L Cseseeve Feanng Vale Houst Rae Tex Lou Met Bae Mich St. Li Veces M. & Ohbie Essex Nash Northwestern Con N & St.l Obio WeSt Oregon T Pal Dickeks Sereenen Rome W. St. L Ve Mining and Stock Exchange Seer Allouez Rap’han’k. Royal Gold Utica & B.rk Priscese Bruns. G Washin St. L Burton Eureka Hanover Ken Pacific Mail Be Ac Pullman Pal Hung Vinson Tong Huron Mesnard Minnesota Stan Coal Napa, Eee Toledo BONDS Lowell RR Ogdensacs Lake Champ. RR Consol, Mort. i Ourcenenurs Lake Champlain RR Colorado Springs Investment & Improvement Co Mort Colorado Springs Investment & Improvement L Mort Foreign Financial Markets Chicago Markets Farnum, Reardon & Co Ceresis Seeeres Eee Cae Boston Markets Michigan Canada Roller Canada St Louis Minneapolis Milwaukee Detroit Serle Onis Ipl
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