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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 24, 1887

Page

6

Money Market and Stock Exchange Roundup of June 23

The money market remains firm with steady rates for call and time loans, while New York funds show modest discount. Boston stocks react to Wall Street tremors with widespread declines. bear activity and rumors drive losses in Atchison, Union Pacific, and New York & New England. Trading volume is listed for both Boston and New York exchanges with several securities advancing or retreating. local and national issues reflect a cautious but stabilizing market.

Bostox Worcester New York Boston Wall Street Bears Fidelity Bank American Exchange Bank of Chicago New England Jay Gould London Boston Stock Exchange New York Stock Exchange Boston Board Irving A. Evans New York Tribune Stock Exchange Consolidated A and Petroleum Consolidated Exchange Consolidated Lackawanna & Reading Lake Shore Atchison Lasc Atchison Securities Chicago, Kansas & Western Southern Kansas California Atlantic & Pacific Union Pacific Western Nebraska Kansas Indian Territory Texas Atchison, Topeka & Santa Fe Chicago, Burlington & Northern Chicago, Burlington &Orthern Cincinnati Sandusky & Cleveland Wisconsin Central St. Louis San Francisco Kansas City Memphis Birmingham Flint Pere Marquette Common State Street Bears Boston & Lowell Central Massachusetts Northern New Hampshire Connecticut & Passumpsic Saitchburg Boston & Albany Rutland Preferred Eastern Gs

Dividends Declared By Cheshire Railroad And Seaconner Mill

The Cheshire Railroad Company declares a dividend of three dollars per share on preferred stock. The Seaconner Mill Corporation of Fall River announces a quarterly dividend of three percent.

Cheshire Railroad Company Seaconner Mill Corporation Fall River

Boston Stock Exchange Sales At Brokers Board

The Boston Stock Exchange reports high activity with notable sales on the Brokers' Board dated June 28. Traders engaged in brisk turnover as prices fluctuated and key listings moved, reflecting increased market participation and liquidity.

Brokers’ Board

Foreign financial markets London June 23 report

Markets in London show Consols at 1019-16 for money and account. US securities mix include 43, 1314, and 4% 4s at 11255. Atlantic & Great Western, Canadian Pacific, Mexican stocks and railways close with varied increments. Notable names: St Paul, New York Central, Pennsylvania, Reading, Erie, Illinois Central, Mexican Central. Trade and bond levels reflect 19th century market activity.

London United States Atlantic & Great Western St Paul New York Central Pennsylvania Reading Erie Ilinois Central

Mining and Misc Stocks Reported by Fay and Co

Stock listings from Wilson W Fay & Co Boston show prices for Wollaston Land East Boston Land Boston Water Power site and Lord Acoustic Telephone with various lot quantities and values. Also listed are Bruns Ships Berth Bris Antimopy Crtal and other items with price figures and lot counts.

Wilson W. Fay & Co State Street Boston Wollaston Land East Boston Land Boston Water Piaboy Lord Acoustic Telephone Lord Acoustic Tel Scvaecese Oss Ccc Ecech Suncenn

Market Downturn Dampens New England Stocks In Late Session

New York on June 23 reports a sharp stock market decline led by New England and Jersey Central as rumors of Western failures stir anxieties. Trading volume rises with heavy railroad bond sales. prices fall to day’s lows before a partial late rally, leaving overall weakness.

New York Prime Mercantile Sterling Exchange Reading New England Stock Exchange Boston Jersey Central Richmond & West Point St. Paul Atlantic & Pacific West Shore Sioux City Hocking Valley Mackinack & Marquette Land Grants Houston & Texas Generales Pgs Shore Louisville New Albany Missour Kansas Texas New Orleans

Railroad Earnings Rise for May 1887 Over 1886

The Pennsylvania Railroad Company east of Pittsburg and Erie reports May 1887 gross earnings up by 686,460 and net earnings up by 368,800 compared with May 1886. For the five months, gross income gains 2,544,803 and net earnings rise 904,432, while all lines west show a surplus of 465,568. April and May figures are approximate due to interstate commerce adjustments.

Pennsylvania Railroad Company Pittsburg and Erie Pittsburg Tiso Interstate Commerce Law

St Paul and Duluth declares dividends on stock

The St Paul and Duluth directors declare an 8 percent semi annual dividend on preferred stock and 8 percent on common stock, plus a 15 percent dividend on common stock after prior dividends. Six month income is 425000 with 810000 remaining after dividends. improvements costs are to be owed to the road’s cost and credited back to income by unanimous director action.

ST. Paul & Duluth

Rail and investment notes from 19th century rail lines

The report details a series of rail industry movements including a west bound rate cut by the Baltimore and Ohio with Boston to Chicago through tickets for 19 dollars and Washington stopover. It notes Fort Worth and Denver losing stock authorization and Memphis and Charleston earnings for mid June at 380,057, with May earnings near one million. It covers Dayton Fort Wayne and Chicago bonding plans, potential $10 million issue, and access gains for Baltimore and Ohio. It also cites New York City and Northern bond deposits extended to July 28 with a $20 assessment after that date.

Baturgade Pacific B. & Air L Iowa Central Pac Ches Ohio Ae Chi Alton Steee St. L. Pref del. Rel. & H Ri G Houst Texas Anne Dil Central Tex Tees Lake Shore Long Island Lou Wee Man Beach Man Memphis LE Mib St. L Missi Pacific M. & Essex Essere Nash. & Chat Ance Sree N. J. Cent Nor Sige Fuling Mining Companies Nyc Ies Wef Wee Agit N. E Allonez Bonanza Development Oregon Nay Calumet & Hecla Pitteban Quincy Reading Roch, & Pitts Ceeeree Rock San Diego New O. Eve West End Tee Sane Atchison M&m Ben Wens Bey Atlantic & Pacific Eae Atlantic & Pacine Cal U. Texas Pacific Kan Western Utica & Berl Rock & Ft. Smith Wie & LE Centraline Oregon Yeh Pacifi Mail N. Y New Eng W. Union N.Y N.E. Is Sonora Wis Jan Ead Cen Atlantic Arch Topeka St Boston & Albany Joston & Lowell D&rg .m Boston & Maine E. Mlinois Burl Tee Chi West Michigan California Southern Central of Mass iTex San Cleveland Pac Ljalu Vac Cleve Canton Tania St Shore Fitchburg Flint & P Adams Wells Fargo Iss K.C Epee & Tn American L. Rock & Smith BO Oee Mining Companies Out Amailor Quicksilver Jentral Holle Isle Billy Bransw Renfrew Los Val Santiago Pane. Oe Col Rutland Seig Cristotandard Union Pact&e Pref Ontario Bell Telephone Eng Erie Telephone Lamson Store Nerv, Co Baltimore & Ohio Boston Chicago Washington Fort Worth & Denverly Memphis & Charleston Henry Ives Dayton, Fort Wayne & Chicago Cincinnati Thealtimore & Ohio New York City & Northern Road

Commodity Pricing Report Shows Mixed Movements Across Staples

Leather unchanged while hides improve and oats firm. Butter steadier. eggs, beans, straw quiet. New potatoes in good demand. strawberries selling well. cherries higher. California fruit supply fair. bananas plentiful. oranges and lemons ample. Pork quiet, lard lower, hams in demand. Fresh beef and other meats unchanged or quiet. Sugar and molasses steady.

California

Boots and Shoes Trade Improves Amid Labor Peace

The boot and shoe trade remains strong in Worcester County as labor unions back down following a strike. Makers focus on lasting machines to reduce skilled labor, while orders for light goods and call items rise. Rubber goods sell despite quality complaints, and a new combination is expected to raise overall quality.

Worcester County

Leather Market Steady With Mixed Demand Across Grades

Market shows little change with rough leather quiet and large sales concessions needed for big deals. Brogan leather receipts heavy, butt leather dull, grain leather fair, finished calfskins slow, split in fair demand, sole leather fair though overall market weak. Crop leather active, hides improving, regional variations noted with Southern dull, New England slow, Western quiet. Prices listed for sole, rough, finish leathers and hides across multiple grades and regions.

New England Buffalo Brighton Buenos Ayres Montevideo Rio Grande Entre Rios

Anthracite Trade Strength Underscored by Output Data

The Coal Trade Journal notes robust demand and firmer prices for anthracite with limited prospects for price drops. It cites higher current output, slightly higher stock on hand, and steady monthly demand, suggesting continued market strength. For the week ended June 18, total anthracite output reached 653,886 tons versus 658,622 in the prior year.

Coal Trade Journal East

Flour and Grain Market Report June 23

Quiet market with light trading across flour and grain. Spring and winter patents bought as needed. corn and oats steady with limited trade. Prices shown for steamer yellow and mixed, No 2 white oats firm. extensive export data and UK imports detailed. culminates in price ranges for flour, cornmeal, rye, oats, and malt and hops.

Albany New York Boston Newport News Montreal Philadelphia Ates Baltimore Orleans Wees Richmond Asta Snes United Kingdom California Oregon United States Washington Minnesota Dakota Europe Beerbohm London Norseman Liverpool Scythia Erene Stockholm City Prussian Glasgow Worcester Nova Romluts Bakers Michigan Canada Canada Western Eastern

Market Summary—butter, cheese, eggs and more steady

Butter markets steady with unchanged prices. Northern creamery light supply and moderate demand. New York butter weak. Cincinnati prices unchanged. Cheese dull with steady New York quotes. sage and ched prices noted. Eggs quiet with mixed regional pricing. New York heavier demand and varied firsts. Beans quiet, timothy firm, hay mixed, potatoes dull on old stock but strong for new. Poultry light receipts, prices unchanged. fallow and rye straw steady.

New York Cincinnati Liverpool Timothy

Wholesale dairy and produce price listings excerpt

Quotations for butter creamery and Western and New York brands with sizes and prices per unit. Includes eggs, poultry, beans, seeds, hay, rye straw, potatoes, and tallow with jobbing price adjustments and regional notes. Names brands and locations appear as listed, reflecting wholesale market terms.

New York Vermont Aoe Northern Choice Ohio Choice Northern Sage Choice Northern Michigan Nova Scotia Island New Brunswick Canada North West Red Top Jersey Maine Hebrons Burbanks New Southern

Pork and Lard Market Tones Mix Amid Steady Beef

Market notes show pork and lard prices steady or easier while demand remains fair. Beef futures and fresh beef values are unchanged with quiet activity. Range prices for hams bacon and various by products are listed, with regional figures for New York Boston Philadelphia Baltimore and New Orleans.

New York Boston Philadelphia Baltimore New Orleans Bacon, &c

Fruit market quotes and steamer cargo sales report

The market shows few apples with slow Rus sets at 4 460 per barrel. Strawberries are plentiful with Dightons 6 8c and nearby 8 10. Cherries in better condition at 8 10c per pound. California fruit fair supply apricots 2 3 per case peaches 1 60 per case plums. Bananas in good supply with Baracoa 1 26 Jamaica 1 2 50 Aspinwall 2 50 1uv. Steamer Hondo due June 27 with bananas from Boca del Toro and Jamaica for Seaverns Co. Lemons Messina Palermo 2a 6 per box oranges Palermo 2 50 3 75 per box Messina 2 560 3 75 box. Cargo sale for Glen Taner postponed to Monday June 27.

Choice City Tech Chicago Brighton California Baracoa Jamaica Aspinwall Hondo Boca del Toro Seaverns & Co Messina Palermo Glen Taner

Market prices for vegetables and crates noted

Beans and peas show steady demand with ample supply. Norfolk and Bermuda onions, cabbages, and squash fetch varied crate and barrel prices. Long Island and Providence listings appear, with prices per bush, crate, and 100 counts. Authority notes general market movements and available lots.

Long Islands Long Island Providence Bermudas Norfolk Bermuda

Liverpool and New York cotton and sugar market notes

Cotton futures opened steady and closed quiet with varied June to January bids. Spot markets in Liverpool and New York showed dull to steady demand, with 10,000 bales sold and 18,000 bales receipts. sugar futures remained steady with refined sugar firm and various grade quotes.

Liverpool Orleans New York Wgkk al Teei

Also Mentioned on This Page

T&s At & Pac B&a Boston & Lowe Stl & St Fs Nys&ne P. A T&s F A & Pace Te Cal So Inc Bell Tel Erie Tel O. Ee Eveee Boston Ld Frenchman's B Brookline Land Diego Topeka Li West Eun Ld Trem Nat Bank Fine & Lowell Conn & Pass Je C Mass Ny&n Rutland Settee Toda East Boston Penobscot Frenchman's Bay Brookline Bay State Bae Ae Osceola Franklin Lamson Tremont National Bank Kidder, Peabody & CO Devonshire St Boston, Mass Nassau St Messrs Baring Brothers & Co British Provinces Devonshire Street City OF ST. Paul Blake Brothers &Co F. H. Prince & CO Mass Northern Pacific RR Bevore K & W Inc Franklin Mg Brookline Uy Frenchman’s Bay A& Eae T& SF A& P B&n K& W GOV & W Gly Eric Telbole Cal & Hee Napa Mining Boylston St Land West End Land A& Pine U Pac &S Wis Cent Napa Boston la Mono Pene AMG Peesse Eeeees Best & Heleher Potosi Jophir Chollar Con Sierra Nevada Savage Crown Point Union Gould & Curry Utah Sneaby Hale & Norcross NEW York Financial Railroad Matters Chicago Market Coal Trade Manila Iloilos
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