Money Market Quiet as Mercantile Rates Edge Higher
Boston money market closed quiet yet firm with mercantile paper at 6 to 64 percent, miscellaneous at 7 to ¾ percent, call loans with collateral 5 to 6 percent, and banks asking 5 percent. New York funds discounted 5 to 20 cents on S1000. Clearing house exchanges totaled $10,158,572 with balances at $1,265,914. weekly exchanges were $59,252,042 and balances $7,620,297. International Trust capital subscription rose to 90,009.
MENTIONED IN THIS ARTICLE
Boston
Mercantile
New York
Clearing House
International Trust Company
Digest of Markets Including Flour and Wheat Prices
Digest from a market page shows flour and grain prices with many varieties listed, including Michigan and Minnesota rollers, spring patent, and winter wheat extra. Wheat futures and spot quotes shift modestly with receipts and shipments noted for Chicago St Louis and Milwaukee. Freight notes, receipts, and exports are summarized alongside butter cheese eggs pork and lard market conditions.
MENTIONED IN THIS ARTICLE
Michigan
Michigan Roller
Ohio
Indiana
Co Roller
Minnesota
Baker’s
New York Roller
St. Louis
Southern
Silas Eetoes
St Louis
Milwaukee
Chicago
Detroit
New York
Cales
Corn—Duill
R .Toledo
Dullana
Peoria
Rye
Western
Vermont
Lye
Iélie
Nova Scotia
Island
New Brunswick
Chicago and Milwaukee Agree on White Lead Price
A pact among 31 grinders and dealers from Chicago and Milwaukee settles white lead at 6 cents per pound in 100 pound lots, stabilizing prices amid competition with Yaukee and Missouri lead works. The agreement aims to curb dealer profits from cutting, with tariffic and import factors likely keeping prices firm. On the market, on call trading showed a quiet tone with mixed car bids and recent price activity across white lead futures and related commodities.
MENTIONED IN THIS ARTICLE
Chicago
Yaukee
St. Louis
Milwaukee
Missouri
Cotton market report with mixed futures and global bids
The market opened at 56 cents and traded actively with declines and rallies across New York and Orleans cotton. Futures show June through April prices, with steady close and 35,000 bales sold. Liverpool, Manchester quotes drift lower on global demand, while prices reflect a cautious, steady tone across uplands and middling grades.
MENTIONED IN THIS ARTICLE
New York
Orleans
Liverpool
Uplands
Manchester
Financial and Commodities Notes From London and Liverpool
London bond and stock figures show mixed activity with US bonds quoted at various levels and railway shares listed. Liverpool market reports quiet wheat trading and weak demand for cargoes with little business overall. spring wheat around 73 to 74d and corn inactive as of 12 30 P M.
MENTIONED IN THIS ARTICLE
Liverpool
California
London
Beerbohm
Merchants’ Exchange
Imports at Beeston Liverpool Eng Steamer Cephalonia
A long list of goods bound for Beeston and Liverpool describes imports aboard steamer Cephalonia and other vessels. Items include salt, brandy, wine, oil, wool, rum, hardware, books, machinery, glass, and fabrics from numerous firms such as Tock salt, Hymes, Dwyer, Weil Dreyfus, Ellerton Whitney, Jones & co, Mason Chapin, W Shartlett, Stone & Downer, Cumner Jones, Wheelock, and many more, with destinations including Beeston, Liverpool, Antwerp, Cadiz, Porto, and Barbados.
MENTIONED IN THIS ARTICLE
Liverpool
Eng
Cephalonia
Dwyer & Co
S. Hoenhof
Weil, Dreyfus & Co
Hardware Hill «Langtry
Tillotson & Power
Pierce & Co
Topliff
Baringros & Co
Boris & Co
Sanderson Bros Steel Co
Allen Lane Co
Coast Iron S A
Swang & Co
Mason, Chapin & Co
Downing & Co
Shartlett & Co
Steve & Downer
Preston & Co
Richardson & Co
Ibale
Baring Bros &Co
P Hollander & Co
Horace Partridge & Co
Peyser & Co
Lawrence
Wright Manus Co
Pray, Sons & Co
Miise Carter, Rice & Co
Little, Brown & Co
van Stone & Downer
Bumner, Jones & Co
AH Roffe & Co
Neale & Morse
Jas Strong & Co
Jones & Co
Wheelock & Co
Frost & Adams
Moise Stedman & Fuller
Webster King & Co
Jolley
Baring Bros & Co
Larrabee
Pierre & Bertson
Wim Read & Sons
Davies
Read & Sons
Wright Bros
Jordan, Marsh & Co
Torney & Sons
Muse
Dedille Co
Gay & Wolf
Alex Paul & Co
Littaner & Rollins
Bernard & Co
Shoninger, Moses & Co
Cumber, Jones & Co
Bradford, Thomas & Co
Hogg, Brown & Taylor
Dupee
Walker & Co
Rey R J Halley
Hovey & Co
Cushing & Bliss
McDowell & Adams
Mdre Stone & Downer
Antwerp
de Ruyter
Hills
Turner & Co
Joseph Birtwell & Co
Jacob Wirth
Bama
Brig
Libbie
Reinery
Cadiz
Ephriam Williams
Tiyrnes
Genoa
Port Spain
Abbie Cliford
RW Grande
Mary Lonisa
Trinidad
Barbadoes
Ned White
Tierces Spal Geesier & Co
Cardenas
Hark Payson Tucker
Wide spread failures hit traders and firms across regions
Over the past week Gradstreet’s reported 198 failures in the United States, up from 184 the prior week and higher than the 1883 1882 and 1881 corresponding weeks. Many failures involve small traders under $5000 capital. notes and debts stretch from Boston to Rutland and New Hampshire with creditors expecting reduced recoveries.
MENTIONED IN THIS ARTICLE
United States
Gradstreet’s
Canada
Johh Woolaredge
Wyman
F. Shaw & Lros
C. H. Ward
F. Shaw & Bros
Monsey
Mr. Ward
Charles McConnell
Boston
W. F. Wade & Sons
Hay
Charles H. Tufts
Wakefield
Mass
N. Ducharme
Salem
Joseph D. Marlow
Grocer
Lowell
New York
Howe Scale Company
Rutland
Edward S. Rapallo
New Hampshire Chemical Pulp and Paper Company
Bristol
N. H
E. R. Freeman
Middletown
James R. Keene
William Vernon & Co
Philadelphia
W. W. Gilbert
Rising Farm
Gardner & Gates
Mobile
Ala
Gardner & Copp
Cotton Commission Merchants
New Orleans
Leroy, Moore & Co
Greenville
Mich
Walter Gilson
Sheldon
St. Joseph
State Savings Bank
Donnell, Lawson & Simpson
Nena
Wall Street
St. Louis
D. L. Wing & Co
Planet
Litclefield
Wing & Co
Downing
Downing, Shirtwood & Co
Springfield
Wing
Litchfield
East St. Louis
Suffolk County
F. A. Hawley & Co
William G. Pierce
J. W. Wheeler
Elizabeth C.B. Blaney
Julia O'Connell
Delia Lee
Catherine Keilson
John
Julia Sullivan
West Shore litigation and Fitchburg track progress
A June dispatch reports United States Trust Company v New York West Shore and Buffalo railway. Receivers Russell and Houston may issue up to 500000 in certificates at par, with funds to pay operating and court-allowed expenses, taxes, and labor claims. Major Fitchburg Vermont and Massachusetts upgrades include a new Connecticut River bridge and second track from Miller’s Falls to Wendell, with broader expansion and timetable changes across Eastern, Old Colony, and Boston Lowell lines.
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Amory
Boston
Lawrence
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Boott
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Hill
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Market
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Salem
Merchants of
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Io Railroad
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Passumpsie
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Caion Pacific
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Conway
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Jh& Print
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N.dj
United States Trust Company
New York, West Shore and Buffalo Railway Company
United States Circuit Court
Horace Russell
Theodore Houston
Fitchburg
Vermont
Massachusetts
Greenfield
Orange
Wendell
Connecticut River
Miller’s Falls
Montague
Erving
Eastern Railroad Company
White Mountains
Mt. Desert
Wolfboro
Portland
Lewiston
Vpland Springs
Rangeley Lakes
White Mountain
Bangor
Bar Harbor
Pullman Palace
Whaling Bark President Mate Held on Assault Charge
Holden E. Slocum of New Bedford, mate aboard the whaling bark President, was held in 400 dollars bail to the September term of the district court on a charge of beating and wounding C. J. De Silva, a crew member, while at sea.
MENTIONED IN THIS ARTICLE
Boore
Hallett
Holden E. Slocum
New Bedford
District Court
C. J. de Silva
Motion for New Trial Reserved in Dr Blood Townsend Case
In Superior Court on June 21 before Judge Gardner a motion for a new trial in the case of Dr Blood and Dr Townsend was heard and the decision was reserved.
MENTIONED IN THIS ARTICLE
Superior Criminal Court
Gardner
Dr. Blood
Dr. Townsend
Municipal Courts Roundup in Central District
In the central court Judge McCafferty sent Carrie Loring for being a common nightwalker to await June 21, fined Ede Wells for malicious glass breaking, and held William Murphy for June 27. Timothy Perara faced $300 bond for June 24 assault with a pistol. Mary Ford jailed for embezzling $100. John Wilson fined for larceny. Martin Burns fined after embezzlement and tied to larceny and show case breakage. Mary Cosgrove alias Mary Eames and Olga Anderson held on idle and disorderly charges for late June. East Boston: John Carey, Thomas Fitzgerald, Cornelius Sullivan held in $1000 each for grand jury action over breaking and entering L. A. Noyes’s stable and $300 property larceny. South Boston: Charles Chaffee convicted of assault and battery, fined $10 and costs, appealed and held in $200 bonds for superior court.
MENTIONED IN THIS ARTICLE
Central Court
McCafferty
Carrie Loring
Ede Wud Wells
William Murphy
Timothy Perara
Mary Ford
John Wilson
Arceny
Martin Burns
Mary Cosgrove
Mary Eames
Olga Anderson
East Boston
John Carey
Thomas Fitzgerald
Cornelius Sullivan
L. A
Old Dominion Copper outputs set May record at Globe mine
Old Dominion Copper Company reports May bullion output at a record 480 tons from 2790 tons of ore, average 17 percent, bullion 98 percent fine, with May profits around 39 048 dollars. United Verde smelter produced 171 tons of black copper with 86 percent fine and 120 ounces silver per ton, gross copper 44 460 dollars, silver 20 420 dollars, net about 25 000 dollars after expenses, average 1600 dollars daily. Dividend of 45 000 dollars to be declared July 14, totaling 142 000 dollars over seven months of operation. Batopilas Silver Mining Company bookkeeper releases a detailed reply to an article misrepresenting its management and annual report, noting receipts 1 225 4791 dollars and disbursements 1 049 589 34 dollars from Dec 1, 1879 to Jan 6, 1854, and profits above dividends by 66 397 65 dollars over four years.
MENTIONED IN THIS ARTICLE
Old Dominion Copper Company
Globe
United Verde Copper Company
Batopilas Silver Mining Company
Board of Trustees
Spuceee
Engineering and Mining Journal
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