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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 14, 1888

Page

6

Boston Money Market Stays Steady Amid Abundant Funds

In Boston on Wednesday June 13 funds remain plentiful while demand is light. Clearing house rates steady at 2 percent. General time paper quotes 5 to 4 4 percent, loans on call 2 to 4 percent. Exchanges fall vs a year ago. treasury and national bank balances report sizable totals. Market for bonds and stocks mixed with Atchison and several rail issues leading activity. treasury gold shipments and foreign exchange steady.

Boston Clearing House New York Chicago St. Louis San Francisco New Orleans Bank Charleston Savannah United States National Bank Secretary of the Treasury Ign Reichsmarks American Loan and Trust Company FE. H. Baker Atchison Friends of “Ateh Eirone West Kansas General Winslow St. Louis & San Francisco Railroad Company New York Commercial Bulletin California Atlantic & Pacific Chicago, Burlington & Quincy Perkins Feasley Burlington & Quincy Mississippi Nebraska Union Pacific Oregon Navigation Oregon “Kickers Pullman Palace Micago, Burlington & Northern Flint & Perearquette New York Stock Exchange Mexican Central Chicago, Kansas & Western Southern Kansas Sonora Oregon Short Line Eastern New England Fitchburg Boston & Maine Boston & Albany Old Colony Eastern Preferred Portland Saco

Western Union and Flint & Pere Marquette Dividend Notice

Western Union Telegraph Company declares a quarterly 1 percent dividend. Flint and Pere Marquette Railroad Company pays an extra six percent on preferred stock, payable July 3.

Western Union Telegraph Company Flint & Pere Marquette Railroad Company

Bondholders seek committee to protect interests

In anticipation of default on interest due June 1 1988 on Missouri Kansas & Texas R R bonds a bondholders committee is being formed. Members from Winslow Lanier Edward Sweet Union Trust Work Strong and others invite investors to send names addresses and bond amounts to participate promptly.

General Consolidated Mortgage Missouri, Kansas & Texas R.R. Co New York Edward D. Adams Winslow, Lanier & Co Nassau St

Boston Auction of Stocks by Williams & Co 1888

Williams & Co Boston announces an auction of numerous stocks on Saturday June 16 1888. Listings include Winchester Furniture Doug 3 Axe Mig Co Metropolitan Bank Old Long RR and many railroad and utility holdings with collateral and mortgage certificates. Also New York Stock Sales June 13 report shows broad activity across lands, mining and transportation stocks with closing prices.

Winchester Furniture Co Doug Axe Mig. Co Do Dwelling House Ins City Bank Shoe and Leather Bank Do Bb. Belting Co McKay Met Metropolitan Nat. Bank Metropolitan Cable RR. ‘Co Kansas City Eastern RR Long RR BC Lawrence Machine Co Boylston Mat. Ins. Co Colorado Bpunes Investment and Improvement Co Bai Rock & Fort Smith Top St. Fe Ogdesburg & Lake Champ Hie Consol. Mort New York Metropolitan Bank Revere Bank Glove Bank Shoe Second Bank Fremont l See Ener 'Ee Blackstone Bank Asiatia Bank Reka Andover Bank Columbian Baik Eter Boston Belting Co Naumkerg Sham Cotton ‘Mills Lancaster Mills Boston Duck Co Manchester & Lawrence Aover Old Colony Seer Consolidated RR Vermont McKay Reece Button Hole Machine Co Arkingas Valley Town Lot Co Simpson’s Patent Dry Deck Co Boston Cyclorama Co F. & M. Wee Ab Plymouth Cordage Co Sonore Ewes Chicago Ally Rowe's Leuis County Oston W. L. Lidl Topesa & Santa Fiors Kan West, Rr, Inc Louis Evans. & St. L. RR

New York Market Ends Quiet With Mixed Bond and Stock Activity

Money on call easy at 1 to 1 1, closing at 14a. Prime mercantile paper 4 6%. Bar silver firmer at 92.1%. Sterling active. 60 day bills 4.86, demand 4.88. Government bonds dull and steady. railroad bonds quiet. Stock market open strong but drifted, late gains by St Paul and Reading faded. market closed dull but firm. Notable moves: Missouri Pacific -1.4%, Oregon stocks dip, Evie seconds raided, Knoxville & Ohio 1st up to 100, Milwaukee Lake Shore & Western up 1, Kansas & Texas 0.73, New York Central to 105.42.

Boston Stock Exchange Alloucz Atlantc Setter Bonanza Development Cal Hec Eeuweeet Siaees Asta E. Eenete Franklin Huron Kearsurge Eestetere Ationa Osceola Peese Pewabic Etet Crete Oo Ta Quincy Teres Ener Kadge Eeete Eerererer Vamarack Aspinwall Boothway Boston Isoyiston Brookline Tate Campovello Esas East Boston Frenchman's Bay Eater Oly Maver Eae Ble Newport Eaee Seeuer Lamoine Eet Eeeereetenst Wig Payson Esenanver Eee Penobscot Ene Oases San Diego Sullivan Topeka West End Winthrop Enewsse Wollaston Atchison At. & Pac Pachiclle Eee Bikey Grhi Do’ Inc AG Con St. P D.D Elk H Fuus, & G K. OM Eo Bs Uer J. &C. B O& M St. L. Lin Seeee Oy N. EB Seeeve Veatthesiaoyve P. Bd'o Oregon Ysle Psy Og Pueb. & A. V. TS. Ee Sonora Union Pacific To &S Boston & Aldany Boston & Lowell Rr Boston & Maine Cr Boston & Providence Cevers Vg Cal Southern Central of Neta Sen Ei, i Ewer Cleve Canton Col. Sp Sneer Flint & P. Fitchburg K. C Ft. 8 Gulf Cl. & Sp American Bell New England Eastman Lamson Store Service Co Pullman Palace New York Prime Mercantile Sterling Exchange Lake Shore Reading St. Paul Missouri Pacific Louisville & Nashville Bears Knoxville & Ohio Milwaukee Lake Shore & Western Kansas & Texas New York Central Kansas Pacific Utah Southern General Wabash Detroit River Burlington, Cedar Rapids & Northern Erie Ohio Southern

Market summaries from London and euro exchanges

At London and European bourses, Consols closed near 998 for money and 993-16 for the account. U S 4s reached 130 percent. Atlantic & Great Western bonds and Canadian Pacific shares traded around 341 and 57 1/4 respectively. Erie and its sec ons at 24 and 964. Reading 29. Illinois Central 120. St Paul common 63. New York Central 107. Pennsylvania 53. Mexico 38. Emperor of Germany ill as Paris, Vienna, and Frankfort markets weakened. Paris quotes 3 per cent routes at 82 francs 25 centimes for the account.

London United States Atlantic Great Western Canadian Pacific Erie Illinois Central St. Paul New York Central Pennsylvania Paris Vienna Frankfort Germany

Market tone steady with mixed crop and livestock notes

Canned goods and flour show quiet demand while corn, oats, rye and related products hold steady or firmer. Butter, eggs, pork, lard and refined sugars show activity, with beets and muttons steady or unchanged. Overall, agricultural commodities display a cautious but stable pattern.

City Horse Market Sags as Buyers Gain Edge in Week

The city horse market shows weaker sales and cheaper prices with buyers driving bargains. Major auctions report large crowds, optimistic demand for family driving horses, ponies, and drivers, while some sellers note softer prices and increased difficulty in disposing stock across multiple sale stables.

Canned Goods Trade Prices and Crop Outlook Report

Canned goods prices stay steady as Columbus Packing Co lists rates for San Francisco packages including peaches pears and grapes. 24th can prices given for each item. Agricultural outlooks show tomato crop issues in Hartford county and elsewhere with wet May harming plants. Corn, marrow peas, and regional weather loom as packers expect variable yields and later arrivals.

Columbus Packing Company California Messrs Delafield, Morgan, Kissel & Co San Cad Francisco Hartford County New York Baltimore

Packer activity and salmon market outlook in early June

Packers active in early June are expected to support marrow prices to protect the market as contracts for delivery are delayed awaiting yields. In the Pacific salmon trade, the Columbia River pack may total 850,000 to 375,000 cases, with English buyers purchasing 30,000 cases at high prices. May 19 weekly catch reports show declines versus last year, prompting anxious packers about June and the forthcoming July run. Purchases include 16,000 cases of Kinneys for Lusterli at high prices.

Pacife Colambin Columbia

Wool sales to open June 19 in London series

London reports the next wool sale series starting June 19 through July 24 with arrivals totaling 804000 bales Australian and 61000 Cape. Available stocks include 74000 New South Wales 17000 Queensland 58000 Victoria 22500 South Australia 10000 Tasmania 8500 Swan River 108000 New Zealand and 89000 Cape. About 4000 bales have sold at a 1d advance on May closing rates. demand from France is noted and industry remains well employed with rising lops and yarns.

London Cape of Good Hope Natal New South Wales Queensland Victoria South Australia Tasmania Swan River New Zealand Cape France

Boston Markets Flour And Grain Prices June 13

Local market report shows flour and grain prices for carload lots with dull demand. Spring patents at mill priced high while common white wheat and Minnesota extras see weak to steady action across New York Chicago St. Louis Milwaukee and Detroit receipts and shipments. No. 2 yellow and mixed corn hold steady to firmer, oats and oats futures mixed. overall market cautious with light bid activity.

Minnesota Michigan Canada Superior Canada Roller Canada Extra New York Chicago St Louis Minneapolis Milwaukee Detroit Toledo Sears Toleto Goa

Market Roundup Shows Mixed Grain and Feed Prices Across Cities

Grain receipts and shipments listed for Chicago Detroit Milwaukee and St Louis with prices ranging from No 1 white at 94 4c to No 2 red at 83 4c. Rye and corn futures steady to unsettled, with export kilns and feed items quoted. New York offers dull trade while oats and middlings hold firm.

Butter and Cheese Prices Across Markets in Wholesale Listings

Butter demand remains active with firm wholesale prices at creameries and varied quotings for Western and Vermont grades. Cheese and egg markets steady in New York and Chicago areas, with mixed bean and potato price movements and continued hay and straw demand. poultry prices show slight regional differences in fresh kill markets.

Banana steamers sail to Boston and Seaverns ports

The Samana arrives June 18 from Jamaica with bananas for Boston Fruit Company. The Ydun arrives June 14 from Baracoa with bananas for Seaverns & Co. The Carl Konow arrives June 16 from Baracoa with bananas for W. W. & Co. and R. Noyes.

Banana Steamers Samana Jamaica Boston Fruit Company Ydun Baraccoa Seaverns & Co Carl Konow Baracoa

Fruit Sale Signals Busy Market At California Fruit Union

The first sale of the season in California Fruit Union goods drew brisk demand for peaches oranges and other fruits with Apricord Palermos and Lemons traded at varied prices. Future cargoes include the Pontiac steamer shipment and prices for bananas coconuts and meats were noted along with upcoming auctions and fresh arrivals.

California Fruit Union H. Harris & Co Pontiac State of Alabama Gibraltar Boston Palermo Palerm Messina Valence Marylands

Truck supplies and foreign market prices report

The supply of Southern truck is very small and prices for most lots are higher. The Norfolk boat due Friday carries 1500 pkgs cabbage 250 crates beans 300 crates peas 40 crates cucumbers 100 bales potatoes GOO bola squash 100 crates tomatoes and 400 bags peanuts. New murrow squash is selling at 175 dollars per barrel Asparagus 8742c per dozen Norfolk green peas half-obd crates 150 dollars per crate Maryland 25 dollars per Laske 5 dollars per barrel Florida tomatoes 150 per crate Southern cabbage 100 dollars per barrel kale 50 cents per barrel native spinach 10 cents per bush North Carolina string beans 84 dollars per crate North Carolina wax 4 dollars per crate bunch onions 2 cents per bunch Bermuda onions 175 dollars per crate Egyptian onions 22 25 per case beets 1 dollar plus Lew

Choice Western Extra Western Wester Tuney Western Fair Vermont Extr Creamery Vermont New York New York Extra Liverpool New Hampshire Michigan Nova Scotia New Brunswick Chicago California North Graves Jersey Houlton Rose Houlton Hebrons Aroostook Aroostook Hebrons Burbanks Brooks Davis Burbank Rose Southern State Burbank Norfolk Bermuda Maryland Florida North Carolina

Also Mentioned on This Page

Bell Telephone Bell Erie Telephone Company James W. Bennett Charles J. Glidden Charles E. Adams Francis Jewett J. W. Pickering Wesley A. Gove A. C. Russell Sullivan Harbor Bar Harbor New York Herald Philadelphia J. P. Morris Company Calumet & Hecla Copper Mining Company Morris Company Calumet & Hecla Calumet & Heela Lake Superior Copper Tiffin (O.) Water Works Company Herald Boston Cab Company Wsly Baw Foote & French Europe Congress Street Williams & CO City of Chicago Artsmouth Ohio M. L Hyde Park Santa Fe RR Wegecerare Lake Champ. Consol, Mort Kansas Mort Lombard Investment Co China Mat Ins. Co Odgdensburg & Lake Champlain RR Merchants’ Bank Salem Boston Asane Marblehead Gas and Elec. Light Co Portsmouth, Great Fails & Conway RR Tremont Nat.bank Sugar Refineries Co Union Stock Yrtland Transit Co American Bell Telephone Co West End Street RR Old Colony RR Boylston Ins. Co Chicago Rolling Nashua Mfg. Co Amoskear Mfg. Co Boston Water Power Co Sumner Co Ruland RR Evansville & St. Louis RR Portsmouth N. H Bangor Lowell & Lawrence Charleston Gs Evansville & St. Louis Detroit, Lansing & No Cincinnati Lansing & No Mexican Central Rr, Co Nae Ing Conmure Asaticienss Gans Nor Be Seisa Au Petroleum N. W Cen. P N.W Nav. Lste O.& Trans 1. M. EE I S. F Rae Gimmie St. P. Cone Kan. P Tex P. L N. J. C. Int U. Pac W. Shore Aace Or. Ames Wells Fargo Amador Barcelona Hest & Belch Bullion Ontario Col. Coal Plymouth Con Cal&va Proustite el Cristo Quicksilver Exchequer Gould Curry Nevada Tenn. C Col Bellel Bell Lelnights Kirie Tel Bar Harbor Land Sullivan Harbor Land B& Lowell Maine Ceeeenssee Pollan Union Ethene Sane Nush & Tuch Ih & Ae Ee Union Am Bell Tel Frenchman’s Bay E.ees Lamoine Land San Wieso B& M I & Albany Vos T&s Burl & Nor L& N Central Ny&n Bk Port Aco Excitange Allonez Han’k Arnold Royal Golf Aztec Bonanza St. Mary's Hbowman Security South Side Breece Brups Catalpa Crescent Winthrop Am. Elect Dunkin Burton Vanover Eureka Humb Ken, Chatt Ken, Chatt. ” ‘ Ms dL Hungesses G1 14, jLord Ac S. Mesnard N. K Ocean Stan. Meter Bere Rly A Gueeneas Fitchburg RR Rutland Lin Cheshire RR Pal. Car Co Lia Mich M Ll Minn Oh M E Nash Northwé West Oregon Pittsby Rich Rock Hi Rome St. Led St. Pai Texas Pol J. Pac Athens , St Pacific Air Line Roel. & Ae B.C. R Chi Alton del. & H del. & U Goo Den K. G Fort Wayne T. V NEW York Financial Foreign Financial Markets City Horse Market Walker’s Bazaar Moses Colman & Sons Horse Mart Isburgh & Co Patc George Hilliard H Blanchard Russell McFenton Warren Bailey Welch All’s Snow International Horse Exchange CH & E Snow London Wool Sales Chicago Markets Farnum, Reardon & Co Shorts Boston Markets Sle Grahou Our Canada Troy Kunstern Marmion Wornia Brighton
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