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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 25, 1888

Page

6

Money Market Almanac Sees Clearing House Rates Slip

Boston reports a soft week with clearing house loans at 2 percent and 2½ to 4 percent on time. New York funds range 10 to 12 percent discount. gross exchanges reach $12,693,454 while balances total $1,872,758. Treasury bond sales total $301,100 and imports export data show shifts in shipments and specie flows amid dull foreign exchange.

Boston New York Chicago St. Louis San_ Francisco Telegraph New Orleans Bank Charleston Savannah Treasury Frances Reichsuarks New York City Jane Louis Francisco Baltimore Cincinnati Ltaburg Ilwaukee Ndianapolis T. Joseph Yenver Jolummdus Fartford Femphis En Haven Portland Boringfield Wichita Galveston Worcester Norfolk Grand Rapids Daigen Sisenses ToDeKa Ceses N.Y

Mining stock rally and court-appointed receiver news

The opening was bright but the stock slowed and closed at 47 percent higher by 144 points. Allouez will pay an assessment of $1 per share on July 25. Stanton says copper production will begin soon. A Missouri Kansas & Texas receiver appointment was sustained by the U.S. Circuit Court in Kansas and will be named on July 2. Bondholders seeking protection should submit names, addresses, bond amounts and interest rates by month’s end.

Samuel Benner Ohio Benner Cleveland Atchison Beacon Allouez Stanton Missouri, Kansas & Texas General Consolidated Mortgage Bondholders United States Circuit Court Kansas Grand Avenue Railway Kansas City Grand Avenue Fifteenth Street Business Centre Chicago & Alton Missouri Pacific Missouri River Jehnson Chicago Chicago, Milwaukee & St. Paul Railway Twenty-first Street City Ifteenth Street Independence Washington Park Westport Rosedale Boston New York Edward Dpd. Adams Winslow, Lanier & Co Nassau St

Dividend declarations from several firms noted

The Burton Stock Car Company declares a semi annual dividend of 342 percent on preferred stock. The Salon Electric Lighting Company declares a quarterly dividend of 14. per cent. The Milwaukee Lake Shore and Western road declares a dividend of 2 per cent on preferred stock payable August 15 to stock as of June 25. The common stock dividend is passed.

Burton Stock Car Company Salon Electric Lighting Company Milwaukee, Lake Shore & Western Road

Auction of Stocks by Basset Whitney Co 1838

Stocks to be sold by auction on Wednesday June 27 1838 by executor order include Continental Nat Bank Hamilton Nat Bank North Nat Bank Globe Nat Bank New England Nat Bank Shoe and Leather Nat Bank National Exchange Bank Central Nat Bank Lynn Naumkeag Nat Bank Salem First Nat Bank Salem First Nat Bank Danvers and more. Also Essex Company Nashua Lowell railroads Old Colony Nat Bank of Commerce and New York and Boston Rapid Transit Co plus Wichita and Western RR. New York stock sales summary shows 48714 shares traded with opening high low and close prices.

Atchison Chicago Burlington & Quincy Messrs. Cordley & Co Iowa Commissioners Chicago, Burlington & Northern Road Chicago, Burlington & Northern B.&n Chicago, Burlington & Northern Railroad Northwest Burlington & Northern Iowa Quincy Grand Avenue Kansas City Messrs RK. L. Day & Co Adams, Blodget & Co Union Pacific Mexican Central New York & New England Old Colony Boston & Maine California Southern Chicago, Kansas & Western Housatonic Fort Scott & Memphis Birmingham Sonora Oregon Short Line Sullivan Harbor Land Russell Sage Hancock Machias New York Sorrento Frenchman’s Bay Bar Harbor Campobello Lamoine West End Maine Frenchman's Bay Sullivan Harbor Mt. Desert Winter Harbor Cutler Geahatur Ea Cserate Penobscot Boothbay Vegan Sr New England Boston & Montana Continental Nat Hamilton N. Bank North N. Bank Globe N. BE New England N. Bank Shoe and Leather N. Bank Exchange Bank Central Nat. Bank Lynn Naumkeag N. Bank Salem First Nat. Bank Danvers Essex Company de Nashua & Lowell RR Old Colony RR Nat Bank of Commerce N.Y Boston Rapid Transit Co Wichita & Western RR Loo, Ga L&g Fitchburg Nat. Bank First Net Westboro Eea Pieeman’s Nat Union Bank Bank Tremont Ceewee Sostoneltin Company Douglas Axe X Manufacturing Company Boston, Con Mont Oestrone Saseng Fitchburg Ohi Colony Etland Louiston Insurance Com Farmers’ Loan and Trust Co Kansas Poly eKay MekKay Heeling Machine Company New England Telephone BO Sugar Refineries’ Company Ceres Wee Bur Boston & Lowell Vermont Chi, Kan. & West. Inc Eastern City Lake Cham Pullman Pal, Cay Pueblo & Ark. Val Bunker Hill Hide and Leather Bank Ae Bank Citeaeee Aye Union Bank Oo City Bank Eae Tremont Nat. Bank BO Amory Coerence Lancaster Mills Tremont and Suffolk Mills York Mfg. CO Cheshire Cheshire R Chburg Nashua & Lowes RG Northern R. R Alt I. Hes Oy Rel At. & Pacific Air Line Roy P Chi St. Leo C Sear Cleve Col. Se del. & H del. & L Den K. Gessessere East Erie Fort Wayne Rad Pt. W. & Dod Eene Houst Lexus NL Central Los B&wil Kan, & Tex Il‘ Kings Pein Long Island Eee Lou Man Elev Entral L.S Miss. Pac Ohio Sewer Essex Nash OMBE Celina Ener St. Peste OSN & N.E Enee West Oregon Pittsburg Rock Island St. L. Se St. Paul St. P.M Texas Pacific Luss U, Pacific Utica Oregon Im Mail Pacific Pullman Pal Joy N. W O. Navy R. G. Sts Cal&va Proustite el Cristo Could&Curry Hale & Nor Irenn. c Hock Yel. Jacket Appletonee Co Lowell Mfg. Co Middlesex Mills Hone Oe Little Rock Junction Atchison, Topeka & Santa Fe RR Trust Cambridge Merchants’ N. BK de Hamilton N. Bk Tremont & Suffolk Mills

Auction Sales-Continued Across Banks and Railroads

Auction listings show shares in banks, railroads, mills, and utilities with amounts due by trustees and orders. Items include Boston area banks, Revere House, United States Hotel, Boylston Mutins, Shoe and Leather Bank, West End Street Railway, Eastern RR, City of Portsmouth Ohio, Hyde Park Water Loan, and multiple railroad issues from Atchison to Florida Southern. Also noted: Tremont Nat. Bank, Middlesex Mills, and Marblehead Gas and Electric.

Se N. Bank Framingham Revere House Co United States Hotel Co Albany Ae “Io B. Belting Co West End St. Ry. Co Eastern RR City of Portsmouth Ohio M. Su Town of Hyde Park West End RK. Ptd Philadelphia Withington & Balt. RR. Co Marblehead Gas and Electric Light Co Portsmouth Falls & Conway RK Giles Atchison Visaee Euert Pac L. G Oeuer Cy BK N. Gs Do Vis C&w St. P. Gs D. D Fiat Iit & M. Gs K .S Potis S Cess Ees Eras Srvelue S. P N.Y Nor Pueb Rutland Ga Sonora Union Pacific Ee Po Do Inc Aspinwall Seer Sewers Boothoay Boston Water Power Enee Qs Hoyliston Street Brookline Campobello Boston Frenchman's Bay Maverick Newport Eases Lamoine Paysok Penobscot Eenee Sullivan Big Topeka Weer My West Winthrop Wollaston Ae Railroad Companies Top S. I Tlandle Adilie Sly Boston & Albany Boston & Lowell Boston & Maing Boston & Providence Ee Cal Central of Mass Prs OC Ee Canton C & C Ee Fitchburg Flint & P. M. Com Ft. S. & Gulf K.C. Ors & Mem KC. M Werner Maine New Sees Old Colony Oregon West End Wis Central Pal Stig England Eastman Car Anne Coeevee Pullman Palace

New York Financial Roundup Stocks Dip After Open

Money on call has been easy with no loans. Government and railroad bonds stay dull to firm. The stock market opened strong but faded by noon as major names like Lackawanna and Union Pacific traded higher early, then slipped, with limited two hour activity totaling about $800,000. Bank surplus fell by 894,300.

New York Prime Mercantile Sterling Exchange Vga 14 Lackawanna Lake Shore Northwestern Reading Union Pacific Burlington & Quincey Iowa

Market Rally Lifts Rail Securities Amid Dividends Hopes

English railway securities rose as investors anticipated dividends, while American railroad securities attracted both investment and speculative demand. A general price rally occurred yesterday with Wabash showing strength on news that second lien mortgage holders approved the reorganization plans.

Wabash

Commodity Market Snapshot Shows Mixed Moves Across Goods

Agricultural and industrial prices list varied activity with some items advancing while others hold steady. Copper and rye show little change. lead improves as cottonseed meal and orange markets hold firm. commodities like corn and eggs edge lower or remain dull amid steady or rising trends in sugar, lard, and beef.

The Print Cloth Market in Providence and Fall River

Providence closes firm with 21,000 pieces sold, 64x64s at 4¢ cash, 64x648 seconds at 3 9 16 to 4 1 2 c, total stock zero. Fall River week shows 175,000 pieces produced and delivered, stock 5,000, sales 75,000, futures 56,000, 64x64 22,000 spot 19,000 futures 4 c for 64x648, 60x56s 3 9 16 c.

Providence Fall River

Market News London and Paris June Reports

London quotes bar silver at 42 1 16 pence per ounce and Paris advices show 8 per cent rentes at 83 francs 5 centimes. The London discount market remained very inactive at 1.4 percent on the stock exchange last week, with a steady amount of business and gains across departments led by foreign buyers.

London Paris Stock Exchange

Market for American pig iron stays weak with idle mills

The metal market shows few orders for pig iron and stable to weak prices as mid summer shutdowns approach. Mills delay production, some suspend work for repairs, and rail makers face reduced output amid interrail and interstate commerce tensions. Copper and lead markets are quiet with modest movement and mixed forecasts.

New York New England Pittsburg Post West Philadelphia Pittsburg Cincinnati Chicago St. Louis Louisville Boston Congress Western Railroad London Cables London Pall Mall Gazette Paris Société Des Metaux Comptoir d’Escompte France Europe America

Market recap shows metals prices and trading heft

The report notes near 500 tons of metal taken for delivery over three months at 3.80 to 4.16 cents, with current delivery prices around 4.15 to 4.20 cents. The tin market is quiet, London straits at £79 15s, copper and zinc figures listed for various regions, iron and steel materials trading, and assorted pipe and sheet metal prices reflecting a broad commodity snapshot.

London Boston Tod Gray Forge Gray Forge Eglinton Summeriee Gartsberry Langloan Glengarnock Coltness Straits

London Wool Sales Report Shows Broad Demand and Large Offerings

At London wool sales on June 3 demand remained strong with 18 825 bales offered. Detailed prices cover Victoria New South Wales Queensland South Australia New Zealand Cape of Good Hope and Natal with varied grades from scoured to greasy and locks and pieces, highlighting broad buyer activity and significant volume across regions.

London Victoria New South Wales Queensland South Australia New Zealand Cape of Good Hope Natal

Chicago Markets Report Sharp Wheat Drop Short Sellers Active

The wheat market fell all day as shorts boosted bids while buyers hoped for a bottom. Visible supply decline expected over 600000 bushels. Corn trading was light and price weakness showed in provisions.

Farnum, Reardon & Co Shorts

Boston Markets Flour And Grain Prices June 23

Local carload quotations span flour and grains across multiple cities. The Boston market shows a dull, quiet tone with limited transactions. various flour grades and corn types are quoted with frequent declines or stability, while receipts and shipments indicate softer demand. futures and spot prices vary by region, with notable activity in New York and Chicago markets.

Minnesota Michigan Canada City Chicago St. Louis Toledo New York Lewis

Also Mentioned on This Page

Mpasis Okay Wien Aee Se A Ieiilee Sr Ro Y Pomp Eee Ob Bureau of Statistics United States Boston Post Bradstreets New York Clearing House Thestays Chessee Sess Ccc Stork Shc New York Stock Exchange Cot THE Grand Avenue Cable Railway CO Kansas City, Mo Central Trust Company Trustee Adams Blodget & CO Congress Street RL. Day State Street Missouri Kansas & Texas R.R. Co General Consolidated Mortgage Devonshire Street Williams & CO Boston Stock Exchange Brokers’ Board C.K Cc & West Fis Ny&ne Bell Par Harbor Land Campanello Lamothe Land Newport Land West Bind Atlantic Cal & Hec Rrielins Quincey Jamarack A&p Ny&ness Union Pac Arivol Allouez Dankla Franklin Thuton Trenton E. Sen Nereee Kearsarge Boylston Mutins, Co Shoe and Mises Nat. Bank Little Rock & Fort Smith RR. Co Santa Fe RR Lan Grant Florida Southern RR. Co West Michigan RR Consol. RR Mining and Stock Exchange Arnold St. Loui Aztec St. Mary’s Bonanza St Security Breece South Side Catalpa Crescent Burton Car Hanover Ken Lord Ac Huron Mesnard N. E. Meter NEW York Financial California AN Francisco Best & Ene Potosi Con Sierra Nevada Crown Point Union Eureka Ane Gouid & Curry Nevada Neon Aes Ascos TSG Foreign Financial Markets London Wool Sales Chicago Markets Rte TV Ces Ee Enews Boston Markets
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