Money Market and Bonds In Boston With Rail Securities News
The Money Market report notes a further rate rise at the clearing house to 4 percent and a wide range for time loans, with New York funds trading at premiums. Proposals for city bonds and a water loan are announced for Waltham. Stocks show dull activity while specific rail and mining issues move, including Union Pacific leadership changes and West End Land trading. A Boston capitalists’ trip to the Gogebic iron region is reported with a new mineral find.
MENTIONED IN THIS ARTICLE
Boston
New York
City of Waltham
Sterling Exchange
Wall Street
Deacon White
Chicago
Kansas City
Wichita
Boston West End
Bunker Hill
Atchison
California
Atlantic & Pacific
California Southern
Central California
Txion Pacific
Union Pacific
Elisha Atkins
T. J. Potter
Union Pacific Railway Company
Atkins
Flint & Pere Marquette Common
Miles
Colomn
Chicago, Burlington & Quincey
Chicago, Burlington & Northern
Denver
Chicago, Kansas & Western
Southern Kansas
Cincinnati
Sandusky
Oregon
Consolidated Vermont
Rutland
Little Rock & Fort
New York New England
Central Massachusetts
Boston & Albany
Fitchburg
Boston & Maine
Connecticut & Passumpsic
Northern
Norwich & Worcester
Eastern Common
Etween
West End Land
West End
San Diego
Topeka
Wollaston
Page
Maverick
Newport
Boston Land
Brookline
Penobscot
Brunswick Antimony
Osceola
Bank and company dividends listed in early notice
The notice lists dividends from multiple firms including North End Savings Bank declaring a 2 percent semi annual dividend, Mexican Telegraph Company paying 24 percent quarterly with cash and stock holdings noted, Brooklyn Trust Company issuing a 6 percent semi annual dividend with books closing June 20 and reopening July 11, Germicide Company declaring 144 percent quarterly dividend payable July 1, transfers close June 27 and reopen July, and Oregon Railway & Navigation planning a dividend to be declared June 22 payable July 1.
MENTIONED IN THIS ARTICLE
North End Savings Bank
Type Mexican Telegraph Company
Treasury
Brooklyn Trust Company
Parsche
Germicide Company
Oregon Railway & Navigation
New York Stock Sales June 16 Market Snapshot
Pacific thirds moved to 114 and 121 percent, Wabash general trust receipts at 2 and 55. Today's sales totaled 243,738 shares with daily price ranges shown. The report lists opening, high, low, and close for each issue and compares to yesterday's close.
MENTIONED IN THIS ARTICLE
Sport Pacific
Wabash General Trust
New York
New York financials show steady close with mixed gains
Money on call remained easy with last loan at 4 percent and 4 percent close. Bar silver at 95 ½. Government and railroad bonds dull but steady as stocks rose after 2 15 led by coalers. The day’s business totaled 1,208,000 with Atlantic & Pacific incomes at 247,000 and several issues advancing, closing higher overall.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
St. Paul
Pacific Mail
Interstate
Chicago
Stock Exchange
Atlantic & Pacific
Denver & South Park
Burlington & Quincy
Denver
Mackinack & Marquette
Erie
Fort Worth & Denver
Gulf, Colorado & Santa Fe
Suma Aehanna & Western
Foreign Markets Report From London June Sixteen
Foreign financial markets in London show Consols at 101 9 16 for money and 101 11 16 for the account. Atlantic and Great Western firsts quoted at 4694 with related records at 1034. Canada Pacific at 62 1 2, Erie at 38 3 4, Erie seconds 103, St Paul common 93 7 8, Pennsylvania 57 1 2, Reading 25 1 2, Mexican Central 18 3 4.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canada Pacific
Erie
St. Paul
Common
Pennsylvania
Reading
Mexican Central
Railroad Matters Drive Rapid Track Laying and Coal Traffic
The Pennsylvania Railroad orders accelerated extra track laying to meet traffic pressure. Connellsville coke region renewals post strike aim to boost tones of movement. Bituminous coal flow to double next month as contracts near completion. Through rates with vessel owners for Boston shipments will hasten delayed contracts. Excursion business expected to be higher this summer.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad Company
Connellsville
Coke
Boston
Rival to Pacific Mail Steamship Line Planned
A San Francisco report states a Spanish capitalist, owner of Spain Cuba steamship lines, plans a new Atlantic and Pacific route rivaling the Pacific Mail Company. The service would run San Francisco to Panama with calls along the coast and connections at Aspinwall for New York. Weekly trips to begin in September with passengers and freight.
MENTIONED IN THIS ARTICLE
San Francisco
Spain
Cuba
Atlantic
Pacific Oceans
Pacific Mail Company
Jese Steamers
Panama
Aspinwall
New York
Stockholders meet to ratify ninety nine year lease deal
Meetings of the Boston and Maine and the Boston and Lowell railroads’ stockholders are set for next Wednesday to ratify a lease of the Boston and Lowell line by the Boston and Maine. The vote may not be unanimous as some opponents threaten strong objections though enough proxies remain to ensure ratification. The lease begins June 1, 1887.
MENTIONED IN THIS ARTICLE
Boston & Maine
Boston & Lowell Railroad
Boston & Lowell Oe
Fort Worth and Denver City line bond and stock listings
The Fort Worth and Denver City applies to the New York Stock Exchange to list 400,000 first montane bonds at 16,000 per mile and 5,000 additional shares on newly built lines. St. Louis Iron Mountain and Southern applies to list 2,854,000 consolidated land grant bonds. Jersey Central applies to list 12,000,000 interim bond certificates under reorganization. Lake Erie and Western line offers 5,920,000 first mortgage 5 percent bonds due 1957.
MENTIONED IN THIS ARTICLE
Fort Worth
Denver City
Ogdensburg and Lake Champlain RR Directors Named
At the Ogdensburg and Lake Champlain railroad annual meeting in Ogdensburg on June 16, directors chosen include W. J. Averill of Ogdensburg J. R. Langdon of Montpelier A Kellogg of Plattsburgh D W Lawrence of Malone W A Haskell S A Carlton Hen L Millis and Stern Morse of Boston Gregory Smith E Curtis Smith J W Hobart J S Stranahan of St Albans B B L Smalley of Burlington.
MENTIONED IN THIS ARTICLE
St. Athans
Ogdensburg & Lake Champlain Railroad
Edensburg
W. J. Averill
J. 8. Stranahan
St. Albans
Smalley
Burlington
Commercial conditions mention steady demand across several goods
Leather, boots, shoes, hides and flour show improvement or steady trends while grains such as corn oats rye and malt remain dull or unchanged. Butter cheese eggs and pork stay firm or in steady demand. Sugars, molasses and fats hold or rise, with potatoes, hay, bananas and strawberries in ample supply or good movement.
Free Shop Movement Lifts Worcester Boot and Shoe Trade
The boot and shoe market shows steady demand with June and July deliveries rising. Worcester County shops report full workloads, manufacturers pleased with free shop progress, and stronger demand for wax, hip and split boots while cheap buff shoes remain popular.
MENTIONED IN THIS ARTICLE
Worcester County
Congress
Opening and closing quotas yearbyyear with last year's same day
The opening, highest, lowest and closing quotations year by year, compared to the closing on the same day last year, were as follows.
Leather and Hides Market Steady Amid Ample Supply and Demand Shifts
Leather and hides trade shows steady overall prices with good demand for split and grain leathers while rough and buff leathers vary. Receipts are ample for demand, with better inquiry for rough leather and improved activity in domestic hides, especially buff. Prices listed for sole leather and various hide grades reflect mixed but steady sentiment across regions and grades.
MENTIONED IN THIS ARTICLE
Samar SA
Buffalo
Brighton
New England
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
Flour and Grain Market Quiet With Sparse Purchases
Market reports indicate the flour market is very still with little or no business. Some small lots are bought as needed while quotations stay at the 10 level.
Wholesale dairy and produce prices drift across markets
Butter quotes show little change across cities with Western creamery and New York prices near steady. Eggs remain firm in Philadelphia and buoyant in Cincinnati, while beans seeds and hay hold steady. Potatoes supply ample with old and new stock priced, and tallow values listed. overall market activity is quiet with few shifts.
MENTIONED IN THIS ARTICLE
Ate York
Philadelphia
Cincinnati
New York
Ohio
Liverpool
New
Western
Vermont
Northern Choice
Choice
Michigan
Canada
Timothy
North
Jersey
East Swale
Maine
New Bermudas
New Southern
Market Report Shows Steady Pork and Beef Prices
Pork remains quiet with prices steady. Lard and hams unchanged. Fresh beef in fair demand with prices firmer. Lambs and muttons steady. Veals in small supply with slightly higher prices. List includes cuts and prices for pork, beef, lamb, mutton, veal and related products with various pack sizes and regional bids.
MENTIONED IN THIS ARTICLE
Lord
Choice
Fragments of 19th Century Produce Prices
A miscellaneous price list shows beans, asparagus, cabbages, onions, and other vegetables with varied quoted rates. Items include wax beans at $2.50 per crate, green beans at $1.25 per crate, and Long Island peas at $4 per barrel, among others.
Market report on fruit prices and steamer arrivals
The steamer Amicitia arrives June 20 with bananas for Seaverns & Co. Savannah steamer due Monday brings about ten cars of watermelons. Strawberries sold well today at 13 14e Pia for Long Islands and 183 18c per quart for tons. Gooseberries in fair demand at 250 bush crate. Apples nearly out of market. Tussets at 4 450. Bananas plenty with Baracoa 125 200, Jamaica 1 2 60, Aspinwall 250 350. Oranges and lemons well supplied. Lemons Messina Palermo 2 6 4 box. Oranges Palermo 2 50 3 75 P box. Messina 2 50 3 75 P box. Florida 3 50 6 60 P box. Jobbing quotations.
MENTIONED IN THIS ARTICLE
Amicitia
Seaverns & Co
Savannah
Long Islands
Baracoa
Jamaica
Aspinwall
Messina
Palermo
Florida
Cotton Markets and Related Commodities Report
Liverpool cotton futures opened steady and closed dull with varied June to November bids. Spot demand steady with 1000 bales sold. receipts 4000. New York spot quotes steady. futures opened firm with mixed bid asked quotations. Pipe Line certificates show activity with daily high and low, shipments and exports. Sugar and molasses markets described with steady raw prices and refiners’ quotes for various grades and sugar types.
MENTIONED IN THIS ARTICLE
Liverpool
Anna
Orleans
New York
Manila
Belmont
Porto Rico
Cienfuegos
Barbadoes
Cuba
Market Report from Trade Centers June 16 Flour and Wheat Prices
Reports from New York and other cities detail flour receipts and sales with prices for superfine Western and State and city mill extra. Wheat receipts reach 198 800 bushels with futures showing gains and declines. No 2 Chicago and No 1 hard quoted, rye and barley activity dull, corn and oats price ranges noted. Regional notes include Detroit Milwaukee Chicago Cincinnati St Louis Minneapolis markets with mixed futures, spot prices, and shipments.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Michigan Roller
New York
Canada Superior
Canada
Canada Western
Eastern
Eal Tee
Chicago
White State
Petroleum— United
Western Steam
City Steam
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Western
Liverpool
Detroit
Milwaukee
Cincinnati
Toledo
Louis
Hog and Cattle Markets Report From Kansas City and Chicago
Kansas City hog market opens lower with receipts about 10 000 today and 13 626 yesterday, shipments 5627. Chicago cattle receipts near 11 000 including 2000 Texans with mixed prices. hogs slow and lower around 47.50 to 65 for shipping, cattle and sheep mixed with varied quotes across stockers, cows, bulls and lambs.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago
Texas
Cotton Markets Report June 16 1887
Cotton markets across Augusta and Galveston show quiet firmness with limited receipts and exports. Augusta net sales 415. Galveston coastwise exports 22 and stock 5721. New Orleans receipts 33 and exports 38. Prices mid 11 to 16 cents.
MENTIONED IN THIS ARTICLE
Augusta
Galveston
New Orleans
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