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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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