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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 13, 1889

Page

6

Money market steady with New York funds firm

The Boston money market stayed quiet and easy as New York funds showed a shade firmer. Time loans ranged from 4 to 5 percent, call loans with collateral 2 to 3 percent, with discounts at the clearing house. Exchange totals and bond activity are listed, alongside notes on Chicago and other markets. Sugar Trusts and several rail and utility stocks moved, with dividends declared by Bell Telephone and a new stock issue planned.

Boston New York Chicago St Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Secretary of the Treasury New York Consolidated Stock and Petroleum Exchange Exchange Atchison Atlantic & Pacific California Wall Street Burlington & Quincy Chicago, Burlington & Quincy Chicago, Burlington & Northern Lacrosse Wis Zanesville Cleveland & Canton Railroad Fort Scott Chicago & West Michigan Mexican Central New York Stock Exchange Nebraska Wisconsin Central Securities Mobile & Ohio Railroad Company Alabama Mississippi Kentucky Mobile Ala Cairo New York & New England The Wall Street News Albany Housatonic Railroad Company Balen. Con S. U D.D Elk H K.C Fts.& G K. C L. RB Central Doine Oregon Puebo, & A Utland Southern Kan Sonora Lu St. Do Union Pacific Top Boston & Alban Peiaprse Boston & Lowell Eater Boston & Po Fen Li Loston Cal. Southern Ebeat Ile Central of Mass C. i Canton River Col. Sp. & Cin Flint & VP de Gull BO L. R FIS Ceesereses Shay Ener Rutland Neon Central Am. Bell Serene Ewes Erie Eastman Car Lamson Store Ser. Co Pullman Palace Car Co Cotton Trusts Cone SB Pneumatic Tool Co Burton Stock Car Co Boston & Liverpool Lynn Gas and Lynn & Boston BiGigheise Mt. Desert Dent Shore Malden Electric Co Sneer MUN Ikanes Heen Thomson Elen Welding Winnisiuunet Co Westinghouse Bloc. Co

Dividends Declared by Several Firms This June

Middlesex Manufacturing pays 6 percent semi annual dividend on June 18. Winnisimmet Chelsea Ferry offers 14 percent on June 15. New England Mortgage Security Company declares 3 dollars per share payable July 1. American Bell Telephone Company pays 3 dollars per share quarterly and 6 dollars per share extra, both due July 15 to holders of record June 29. Western Union Telegraph Company approves 1.4 percent quarterly dividend to stockholders of record June 20, with transfer books closed June 20 to July 2 inclusive.

New York Bell Telephone West End Railway Company West End Thomson-Houston Electric Middlesex Manufacturing Company Winnisimmet Company Chelsea Ferry New England Ortgage Security Company Pare American Bell Telephone Company Western Union Telegraph Company

New York Financial Market Headlines and Bond Activity

In New York June 12 money on call was easy with rates 2 to 38, last loan 2 42, closing 2 42. Government and railroad bonds were firm. Stocks stayed active after hours, led by trusts, Louisville & Nashville and Atchison, with gains in grangers and Vanderbilts but ending near or below opening levels as many names retreated. Coal and Reading shares rose mid day, then faded. overall tone remained heavy at close with railroad bonds liquid.

New York Ratledade Atchison Iowa Central Jacife Ches Ohio Chi Tel. & L Voce Serye Den Eastian Erie Yale Fort Wayne Sear Eves Dessereres Hocking Vail Houston Texas Central Kan Ee & Nash A& XN Man Beach Sossess Isis Minn St. L Sneer Ig GY Pacific Touy Seere Essex Hat N.J. Cent itLy Pacifle Louis Natl & St. Lis Miss Ont West Ave. A Oregon Navy Oregon S. Line Oregon Trans Aii Rich, & al VAR “Iw. P Rock Island Rome W. E G St. L St. Paul M&m Eva Br 4 & O Utica & K.K St. L. & Beves Cy & R Kan. P F. Iwis Pac Ista Coas Shore Alta Col. Central Ontario Col. Coal Potosi Con de Monte Prime Mercantile Barsilver Sterling Exchange Trusts Louisville & Nashville Jersey Central Grangers Vanderbilts Jersey Delaware & Hudson Reading Tennessee Coal Louisville

Foreign Markets and Bank Bullion Report from London and Berlin

London financial listings show Consols at 985-16 for money and account with various market quotes including Atlantic and Great Western firsts and Canadian Pacific. Paris reports 3 per cent rentes at 86 francs 624% centimes. The Bank of England balance today shows bullion in at 299,000 pounds. Berlin notes a 5,540,000 mark drop in the Imperial Bank’s specie.

London Atlantic & Great Western Erie St. Paul Pennsylvania Reading Paris Bank of England Berlin Imperial Bank of Germany

Furniture Men and the Tariff Meeting in New York

The National Furniture Manufacturers Association held its first annual meeting with about 150 delegates from across the United States. President Charles R. Leigh of Grand Rapids, Michigan, reported 6000 establishments employing 62,000 workers, producing $83 million of goods annually, with profits under 8 percent and a surplus of goods. He urged tariff reductions on furniture manufacturing inputs. A committee was appointed and a recess taken.

New York National Furniture Manufacturers’ Association Charles R. Leigh Grand Rapids Mich

Newport Objects to Electric Roads

Newport residents through counsel filed an injunction against the street railway crossing Bellevue avenue and against the use of electricity and poles defacing the avenue. The hearing was held recently in Providence before the Supreme Court. Rails across Bellevue avenue have already been laid and work on the road continues pending the hearing.

Newport H. A. C. Taylor Edward R. Wharton J. J. van Alen Henry E. Jones F. W. Vanderbilt Theodore A. Havemeyer Bellevue Avenue Supreme Court

Steamboat Thieves On Penobscot Steal From Passengers

In Rockland Maine on June 12 professional thieves aboard the steamer Penobscot traveling between Boston and Rockland stole from passengers last night. One passenger lost 200 dollars another 175 dollars and numerous smaller thefts were reported. There was no crew to the perpetrators.

RockLand Penobscot Boston

G W Simmons Adverts for Swiss Courts Vests and July Outfits

Multiple announcements from G W Simmons and Company target gentlemen with Swiss courts vests custom suits and outfits for officers for the Seventeenth and Fourth of July.

G. W. Simmons & Co

Horsford's Acid Phosphate Ill Effects Of Tobacco Relieved

An old advertisement proclaims Horsford's Acid Phosphate as remedy for ill effects of tobacco use. It presents a medical claim in brief, urging readers to seek relief through the product.

Horsford

Market Report Shows Mixed Farm Commodity Trends

Flour and rye are dull while oats and corn remain firm. Potatoes and hay show fair demand, with grass seeds and sweet potatoes quiet. Eggs and pork steady or firm, beef quiet, oranges steady, lemons quiet, and sugars steady as molasses and tallow stay quiet.

Print cloth market steadies with firm quotations

Fall River reports a quiet steady market for print cloth on June 12. Quotations hold at 3 for 64 by 64 spots, with solid demand supporting stable prices and activity.

Fall River At3

Lumber Market Holds Steady Across Regions

The lumber market remains in good condition with fair demand and firm, unchanged prices. Eastern regions show supply shortages lifting prices. spruce especially firm while overall stock is ample. Hemlock and shingles demand steady to firm. hardwoods steady with ample supply. Western and Southern pines well supplied and in firm demand. General price ranges unchanged from last week.

Pennsylvania

City Horse Market Shows Easier Trade And Slower Activity

The city horse market remains subdued with big horses in low demand. Auctions at Walker’s Bazaar sold 125 head from $50 to $300, while Moses Colman & Son’s offered 65 head from $250 to $40.50 due to poor weather. An annual import pony sale is planned for the 20th, including Shetland, Welsh, Iceland, and Russian breeds. Other sales across Is burgh & Co's, A E Bowler’s, Russell's, Welch & Hall's, International Horse Exchange, KX Ham & Co, CH & E Snow's, and CH Snow’s reported varying prices and steady to lighter trades, with trotters to be sold midweek.

Walker’s Beach Moses Colman & Son Shetland Iceland Isburgh & Co Bar Harbor Russell Brockway Kansas Welch & Hall's

Wheat market mood shifts as July buybacks falter

In Chicago the option market shows buy the July contract while selling December, yet gains fade after the bell. Wheat futures slip from opening highs as sentiment remains bearish amid light foreign demand and ample harvest. Corn steady to firmer with light receipts, while provisions stay weak and hog demand softens with a large nine‑city total. Bears reemerge on pork and ribs, suggesting lower prices ahead as packing markets stay cautious.

Chicago Farnum, Reardon & Co Boston St Louis Gilman, Cheney & Co Russia

Grain futures and cash prices across markets

Receipts of wheat total 47 520 bush for shipments 82 400 bush. Flour shipments 18 616 bbis. New York and St Louis futures show wheat at 81 4c to 82 6c bids and asks. corn 41 to 42 5c. oats around 28 to 29c. Duluth July wheat opened and closed at 90c bid.

New York St Louis Duluth Miers’ Sponte Canada Superior Canada City Minnesota Chicago T Louis Peoria York Graham Fleur Michigan

Flour and grain prices and market summary in Chicago era

Prices for carload grain lots, domestic flour quotations, and receipts across markets in New York Chicago and St Louis. Notable figures include 2251 barrels flour and 4050 sacks received, with spring and patent flour prices, and corn and oats values, reflecting a firm to steady market with varied regional activity.

Butter and dairy prices steady amid large receipts

Butter receipts show no material market change with good demand for choice lots while lower grades are quiet as receipts stay high. Oleomargarine receipts are small and trade is quiet. Cheese demand fair with high grade lots scarce. eggs firm with steady prices and no accumulation. Potatoes show steady prices as supply matches demand amid concern over new potatoes.

New York Chicago Liverpool Maine Nova Scotia New Brunswick

Truck Market Review Shows No Material Change

A careful canvass of the truck market finds no material change from yesterday’s report. The sole new item noted is Maryland peas selling at 2.2 dollars.

Maryland

Fruit Market Report Shows Languid Demand and Low Prices

The fruit trade is quiet with weak demand and poor strawberry sales. Russet apples scarce at 2.25 per barrel, oranges and lemons steady at old quotes, long island and Jersey prices vary, southern peaches California fruit unchanged, bananas and coconuts sold by steamer Schweigaard at 125 per yellow bunch and 112 per red bunch and 25 per 1000 count respectively.

Jerseys

Fruit Steamers Arrival and Cargoes for Boston

The Victoria is due next Saturday with Baracoa bananas for Seaverns & Co. The Mir a nda is due Thursday with Jamaica bananas. Valencia arrived with 8900 cases Valencia oranges for Boston. Timor passed Gibraltar June 5 with Messina oranges lemons and Palermo fruit for Boston. Coila due about next Tuesday with Samana bananas for the Bay State Suit Company.

Victoria Baracoa Seaverns & Co Boston Fruit Company Miranda Jamaica Valencia Boston Timor Gibraltar Coila Bay State Suit Company

Pork Prices and Market Trends in Provisions Report

Provisions report shows pork receipts 6 bbis and 437 tierces lard and 465 boxes bacon. last year higher. Demand for pork and pork products quiet with steady prices, corn beef and tongues unchanged. Beef demand soft, cattle and lamb markets described with prices for spring and fall lambs. New York pork quiet with sales. beef hams firm. lard dull. Chicago pork quiet and lower.

New York City Chicago

Also Mentioned on This Page

Boston Stock Exchange Miscellaneous Stock Exchange Chicago & St. Louis Denver & Rio Grande East Tennessee Houston & Texas Dubuque & Sioux City Mobile & Ohio Bain Lushanna & Western South Carolina Alton & Terre Hanie Hocking Valley Brokers’ Board T& S C.K Am Bell Tel Erie Tel Aspinwall Eeeereree East S Bay San Diego B&m Cal & Tec Santa On & W Ny&nl Rypid Cesta Fereetnee Eee T&s A& Vince Ee M & Hbbs Ee Pa Samsonss Ares Cereee Campobello Ran Diego Wollaston C& West Mich Eastern Ee KC Fis&g Seeerveee Ashua & Lowell O&le Eee Reareee Bye Sons West End Ryper Wis Cent Edison Phon le Joint Des & Last Land Oss Bae’ Nat Lead Trust Thom Houst Fe ' Westinghouse Elec Co Wilson W. Fay & Co State Street Speer American Pneumatic Tool Don Enrique Sullivan Harbor Trust These Osten Steely Alloucz Eeeeeerenresnens Gt Atlantic Eens Ieeissee Honangza Devei't Eer Batte Peeseee Cal Hecla Catalpa Crescent Cbcbow Santa Fe Ertreee Yamarack Aldinwall Boothbay al Boston Boylston Street Brookling Campubello Nneeere Moston Eee Caer Bay Areresesesee Lamoine Payson San Liego Sullivan Winthrop Seeeacevere Lode Seeurerrer ‘ C Be & N Seeeres I C W. Mich Suffolk Bank Seerns Second Bank Framingham Bank South Danvers Bank Eeevigo Mercantile Bank Salem Commercial Bank Shoe and Leather Salmon Falls Dianf, Co Eee &Yu Lowell Machine Shops Pacific Mills Ames Manf Wayne & Seeuen Renee Am Sand. & Cleve. Fit Eeree West Nd Street Pueblo Brieltings and Re Aming Co Huntington Ie Tana Ruentes Sereeceretesgereue Davidson Investment Co Firemenu’s Eeeensees Arkansas Valley Qeeveneer Globe Investment Co Union Investment Co Kansas City Wee Ts Bath International & G & Gt Renee Malden & Matness Gas Co. A. Spasans Jackson, Lanain & Sag Freeees Lothe China Mat Ins Naumkeag Street RY American Bell Telephone NEW York Financial Boston Investment CO Company Washington St Glock City Horse Market S&s Willians & Co Ieat John E. Welsh Office Honerine Mining CO Devonshire St Mass Amor Bradley E. Ve Crowel Abram Emery & Hodges Field Cha Farren John Johnson Mrs Ellen C Lowell John A Lewis Morgan N.d Tay Abbke Moseseccesenes Wellies H.W John Munroe Post Office Devens, Lyman & CO Massachusetts J. W. Hobart Milk Street Brown Bros. & CO Gxv E. Buiuarp Louw Curtis the Eastern Banking CO Francis A. Osborn T. Merrihew John Jeffries & Sons Devonshire
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