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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 17, 1889

Page

6

Foreign financial markets ledger from London trading

London news lists Atlantic and Western firsts at 32 percent, Erie at 28 percent, Erie seconds at 105 percent, Illinois Central 118 percent, Mexican ordinary 43 percent, St Paul common 74 percent, New York Central 111 percent, Reading 2414, Mexican Central at 48 6814. Money at 1 percent. Paris quotes 3 percent rentes at 86 francs 222 centimes for the account.

London Atlantic & Great Western Erie Ilinois Central St. Paul New York

Market News From Boston The Money Market and Stocks

The Money Market closes steady with rates 3 to 5 percent for time loans and 2 to 3 percent on call. New York funds quote 10 to 12 percent discount. Clearing house exchanges reach 16.8 million with 1.99 million balances. weekly totals compare with last year. Bank reserves show a drop, currency receipts down, and a shift in deposits and circulation. Union Pacific and Oregon Short Line consolidation updates dominate trading, with large movements in Wisconsin Central and New York & New England.

Boston New York Clearing House New York Clearing House Exchange Chicago St Louis San Francisco Telegraph New Orleans Bank Charleston Ravannah United States Savinz Reichsmarks Boston Post New York Bank Treasury New York City

Rail dividends declared by multiple companies

The Northern Central railway declares a penne dividend of 3 percent payable at the close of June. Nashville Chattanooga and St Louis rail road announces a 14 percent dividend payable July 10 with transfer books closing June 26 and reopening July 11. Chapman Valve Company to pay usual 3 percent quarterly dividend on July 1 plus an extra 2 percent. Edison Electric Light Company of New Bedford declares a 2 percent dividend.

Northern Central Railway Nashville, Chattanooga & St. Louis Railroad Chapman Valvé Company Edison Electric Light Company of New Bedford al. & Pacific Atchison, A AGI B. & Air L Us Ib Roch. & PP Can Pacific Central Lowa Ouee ii Central Vacine Alton BOUL Cu Bt le & Re Chi W. I Del East OR Erie Fort Wayne Rt. W Hocking Val Houston & Texas Vo Kan VOXAS Kings L. Hk Lake Shore Long Island Od Lo. & Nash Oi Fois Louis N. As Man. Beach Seer A & St Ohio Essex Nash Chat Ennee J. Cent N & W. Press Atte LiOly Hee N. Y Isi N.Y N. E Misss Oregon Oregon S. Line Rich. & al St. Paul St. Kadi Cae Pacific U. Pacific Utica & B Oregon Im Pacific Mail Polman P Ale W. Union Neve American Oil Con. Gas Poinge Siete Ccoal Eeeer Aeee Perry Coal Tenn, C Os Ohi, Gas Trust Bee Gusty Iy Lodly Dak. G Suis St. L D&g W. Yr L. Os. F St. x. Wl Erie Lsis. YI Nex P. le Union Fex P. R Pac N. W. Cons W. Shore Mining Companie Mut Belcher Ontario Col Alymouth Con C. & Vaiv ' Potosi Hele & Nor Savage Hock, Coal Nevada U Union Homestake United Copper Utah Ceees

Milwaukee River Dam bonds offered by Milwaukee city

The Commissioners of the Public Debt of Milwaukee invite sealed bids for up to 50 bonds of 1000 dollars each, date July 1 1889, maturing July 1 1909, interest 4 percent semiannually, to fund dam construction on the Milwaukee River between Racine street and the northern city limits. Five percent of bonds to be retired annually. Bids due June 26 1889 10 o'clock a.m. The city reserves right to reject any bid.

Wisconsin Milwaukee Milwaukee River Dam Milwaukee River United States of America Sail City Racine Street Geo. W. Porth State of City of Public Debt Care Geo. W. Porth Wis

Milwaukee Seeks Bids for 250 School Bonds Issued 1889

Milwaukee commissioners invite sealed proposals for 250 bonds of 1 000 each to fund school houses. Bonds bear date July 1 1889 and mature July 1 1909 with 4 percent interest semiannually. Proposals due June 20 1889, bond delivery July 1 1889. Bid right to reject all bids reserved.

Bondholders Meeting Notice Boston Water Power Co

Bondholders of the Boston Water Power Company are invited to a stockholder committee meeting to discuss a settlement on Tuesday June 18 at 3 o clock in the afternoon at 23 Court Street Boston James P Farley Jr chairman June 15 1889 Boston Mass

James P. Farley, JR Court St Boston Committee of Stockholders Mass

New York Financial Summary on June 15 Markets and Rates

Money on call was easy with no loans and no rate cuts. Rates for bills receivable and acceptances ranged from 3% to 5% with varying terms. The stock market opened quiet with minor gains in Western equities, while New England and Illinois gas showed weakness. overall bonds were steady as the week’s sales totalled 9.88 million dollars.

New York Prime Mercantile Sterling Exchange Atchison Burlington New England St. Paul Northwestern Lake Shore Oregon Chicago New Jersey Midland Atlantic Pacifics Hocking Valley 6S

Commodity Market Report Shows Mixed Trade Conditions

Flour and corn hold steady while oats and rye stay quiet. Commodities such as cottonseed meal and malt show little movement, as butter cheese and beans remain stable. Poultry hay and truck trades show modest demand with occasional firmness in certain staples like sugars and molasses.

Fall River Cloth Market Reports Weekly Totals

Fall River print cloth week totals show production 180000 pieces deliveries 193000 stock 12000 sales 186000 spot 36000 futures 150000 with prices 3 8 cents less 42 percent for 64x64s and 37 16 cents nominal for 60x56s. Market steady and firm. Providence market closes steady at 37 sec less 2 percent bid for 64 squares spots and 3 cents asked with 56x60s at 37 16c. Week sales total 27000 pieces with 5500 of 64x648 spots at 34 80, 7000 of 64x648 spots at 3 cents less 7 percent, 1300 pieces 64x648s July August September delivery at 3 50 less 1 percent, 1500 pieces 56x60s spots at 37 160, stock in hand 86000 pieces 648 and 9000 pieces GGxX60s.

Fallriver Fall River Providence

The Metal Trade Market Report Strong in Iron and Steel

There is a strong feeling in the iron market with favorable reports from Pennsylvania and Ohio. Crude and finished iron remain firm in price with steady demand for pig iron and manufactured steel rails. imports and inquiries indicate higher prices ahead as Eastern and Western mills secure large contracts. Copper, lead, tin, and spelter show mixed activity with steady or slightly rising prices and active nails sales. overall, the market signals ample supply and cautious optimism for forthcoming weeks.

Pennsylvania Ohio Gray England France Chile Australia London West

Market notes on sugar coffee and dried fruit prices

Sugar and molasses prices rise as world supply tightens. Raw sugar held by sellers, refined granulated at 9 1 4 c, large sales limited. Rio coffee weak with ample stocks and weekly imports at Rio 68,000 bags and Santos 13,000. Tea dull, Java and Mocha weak, Dutch sale upcoming. Dried fruits stocks small, California raisins and prunes firm or dull as noted, with limited supply and steady prices.

New York Rio Santos Java Rotterdam Batavia Cassia Singapore Carolina Rangoon Dava Patna California Malaga Turkey Citron

Wheat Market Opens With Rush Amid Strong Buying

The Option Markets in Chicago reports wheat opening with a brisk advance as Hutchinson leads heavy purchases. Early bullish despatches indicate demand may exceed supply, signaling another firm uptrend for wheat.

Chicago Farnum, Reardon & Co Boston Hutchinson

Also Mentioned on This Page

Foreign Financial Markets Messrs Blake Bros. & Co Waltham Union Pacific Railway Company Northwest Boston Stock Exchange Massachusetts Prescott & Arizona Central Chicago, Burlington & Quincy Burlington & Quincy Northwestern Roads St. Louis Central Traffic and Trunk Lines Association Western Freight Association Mississippi River Fort Scott & Gulf West Michigan Kansas City Fort Scott Cheyenne Oregon Short Line Utah & Northern Utah Central Salt Lake & Western Utah & Nevada Ogden & Syracuse Idaho Central Nevada Pacific Utah Northern Railway Company Capital Stock Consolidation Company Consolidated Company Salt Lake City Messrs. C. F. Adams F. L. Ames F. G. Dexter EK. F. Atkins Sidney Dillon John Sharp William H. Holcomb O. W. Mink G. M. Cumming F E. Adams W. H. Holcomb G. M. Lane J. G. Harris A. Millar L. S. Anderson Consolidated Road Wisconsin Central New York & New England Common San Diego Land Peninsular & Oriental Company San Diego Yokohama Atchison, Topeka & Santa Fe Company Westinghouse Thomson & Houston I'rust Messrs. Willett & Hamlin Lipston Philadelphia Sanrancisco Jattimore Cincinnati Fittsburg Nee Kansas Eye Louisvill BES Wee Ft. Paul Detroit Omaha Minneapolis de Clevelanud Indianapolis L.utu Bi. Joseph Columbus Hartford Memphis New Ihaven Tolland AG Bor Bigfield Worcester Lowell Sori Syracuse Abad Han Lez Norfolk Grand Rapids Taco Cal Hest & Belcher North Belle Tale Bodie Ophir ValOccident Commonwealth Crown Point Savarg Sierra Nevada Gould & Curry Union Con Uv Hale Per el Nevada Queen Milwaukee City Co. T. Bradley Fred Prbst C. T. Bradley Fred Pabst Commissioners of the Public Debt of Miscellaneous Stock Exchange Arnold Atlantic Mont Freee Butte & Boston Heela Luiec Catalpa Creacent Franklin Huron Trenton Kearsarge Lye Osceola Santa Fe Tamarack Land Companies Aspinwall Boothbay Boston W. P Boylston Street Brookline Campobello Bay Seteerne I Payson Peeees Tees I Penobseot Sullivan Etesee Bs Ae Topeka Atchison Ist L. G. Ts At. & Pac Icv Do Inc Sane Ee L. G Cibi Rscille Kan C. & W. Mich D.D K.C K. C D'O L. C. Con Pueb Rutland Ieee Southerh Tan Neco Boston & Albaeneneee Boston & Lowe i Boston & Maine Cal. Southern Masseeneee Eosee N.increees Canton Col. Sp Flint & ‘ . M. Com Eeunee S. & Gult Seeran We . Ae Mem Seeetee L. R. & Bursseeeeer Aren Xican Soos A&n Eeeve Cosvaas Old Colony Summit Evbeuwee Union Pacific Cesses West End Bell Eee Eastman Car Heater Eee Lamson Store Ser Pullman Palace Car Co Cotton Oil Trusts Aim Pneumatic Tool Co Axe Burton Stock Car Co Hboston Eliverpool Co Phonogra H Toy Mig Electric Co Lynn Gas and Mt. Desert East Shore Lynn & Boston RR Tb Malden Electric Co New York Despatch North Chicago Rolling Mill LAL Hi Ve Sugar Refineries Co Thomson-Houston Thomson Elec Westinghouse Flear.Co Winnisimmet Co Wilson W. Fay & Co State Street Edison Toy Boston Land Robinson Foster Electric Boneeeeseves St. Johnsbury & L. A Asiatic Nat. Bank Eliot Hamilton Nat State Suffolk Suffolk Nat. Bank Ee Oseesh Nat Bank Ee Appleton Mfg. Co Great Falls Mfg Hamilton Mfg Lancaster Mills Middlesex Co Massachusetts Cotton Mills Cas Pacific Mills Boston & Revere Peach Concord Grand Avenue Cable City Ames Sword Co Boston Cooperative Building Co Boston & Col. Smelt. Co Pueblo Smelting Co Atlantic & Pacific Chic Burl. & Q Vermont Little Rock & Ft. S Lake C. Incomes Bure Brothers & GU Nassau Street THE Boston Water Power BONDS Blake Bros Scatter Street Terest STON Brokers’ Board B& N Dobbs M & Bo Agian Og & L Bay Land Lamoine Land San Diego Lai West Ind la Bi Mont Ming Jeopper Santa Te At & Pac T&si Blackstone Nat Freeman’s Nat New England Nat Eecescerts St. Scott Nashua & Lowell Ogdens Lake Cham Arkansas Valley Colorado Bur Ss. P. És Pepe Eeeeerseeres Pussies & Ark. Val Eames Shane NEW York Financial J. E. Carter & CO Bankers & Commission Washington St San Migael Thos . E. Parker Henry Edsall James Gilfillan L. L. Nunn SAN Miguel Valley Bank Telluride San Miguel River San Miguel County Placerville San Miguel Gold Placers Co Congress St Minn American Loan and Trust Company Northwestern Guaranty Loan Co Minneapolis, Minn FE. B. Rogers Eastern Banking CQ Milk Street Francis A. Osborn T. Merrihew John Jeffries & Sons Devonshire Street Texas D. P. Ives & CO Water St Terriiory Thos, P. Boole & CO Co ™Gress St St .Louis Toledo Duluth Gilman, Cheney & Co Russia John E. Welsh OE Yoo Neted the Boston Markets
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