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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 26, 1890

Page

6

Money Market Shifts as Clearing House Rates Edge Up

The Boston money market firmed with Clearing House loans touching 6 percent. General loans ranged 4 to 6 percent, coal loans 5.4 to 7 percent. New York funds discounts curious levels, and exchanges compared with last year show a decline. Market noted dullness with copper stocks and sugar certificates dominating activity.

Dividend Declarations From Regional Firms

The Springfield Fire and Marine Insurance Company declares a semi annual dividend of 6 percent. The Reversible Collar Company approves a dividend of $6 per share payable next day. Lake Shore Railroad, Michigan Railroad, Canada Southern Railroad, Boston Marine Insurance, and Manchester Mills announce various per share or percent dividends with differing payout schedules.

Springfield Fire & Marine Insuranc Company Lake Shore Railroad Company Michigan Railroad Compan Canada Southern Railroad Company Boston Marine Nsurance Company Manchester Mills Company

Railroad and Industrial Firms Declare Multiple Dividends

The Rock Island Railroad declares 1 percent. Naumkeax Steam Cotton 8 percent. Merchants' Manufacturing Fall River 0.5 percent. Hull Manufacturing 2 percent. International Bell Telephone 3 percent semi annual. Arlington Mills 3 percent. Taunton New Process Twist Drill 10 percent. American Dredging 3 percent semi annual plus a $3 extra. Old Colony Railroad $350 per share dividend payable July 1, stock of record June 24.

Rock Island Railroad Company He Naumkeax Steam Cotton Company Taunton American Dredging Company Old Colony Railroad Company Boston Stock Exchange Boston & Mont Butte & Bosten Osceo Ponthac Metriitan Bank Rockland Bank Roxby Uxchange Bank Salem Saleih E Chi Asiatic Bank Ank Eeahshan Sunfolk Hank Flint Hank I Moskeng Manufacturing Co Flint Pere Mar Real Ffile Manufacturing Co Central N.Y Lancaster Bay State Gas Seeewee Y Rities Vermont Massachusetts Wayne Coan Passumpsic River Mt. Des East Shore New England Mort. Security Co Hole Sew. Mach. Co Boston Neptune Fire & Marine Ins. Co Boylston Fire & Marine Ins. Co Winnisiimet Co American Screw Cov Providence East Tennessee Law Lb. & Onan Development de Columbia Aseenree Hutte Charlestown Weer Anne Cal, & Heck Chelsea Catalpa Crescent Boston & Albany Cheshire RR Ddutkin Pullman Palace Car Co Franklin Seeeesecawesees Kan City Scott & Gulf Im Hianoven Cedar Rapids & Mo. RR Union Pacific RR Quincy Ridge Santa Washington Land Anniston City Aspinwall Boothbay Lipston Bia Boylston Street Brookline Caimpobell Cutler French Bay Bbc Buc Lamoine Eens “ Maverick Wdpott Payson Penobscot Petit Meman San Diego Sullivan Swampscott Winter Harbor Winthrop Wolmstod Bell Tele Ee Atchison Bloc Do Gen Mort Do Inc At. & Pac Fo Inc Renee Boa Mont Cece Bos. U. Gas Lst Seeesee L. Fats B&q W. Mich Langs Bik H K.C A. C Cled& Sp . G Wi Nor, Pac L. C. Con St. Jo. & Ui Union Pacific Seeene Ae 56Ye Railroad Cheshire Ae Cleve Canton Erneeeee Ly Col. Sp Fitchburg Fiint & P K. C CL & Sp Ft. Ss Zo E Antral Maine Seeehigs Saco & Ports G. F. & Conway Rutland Sumuit West End Rene Wisconsin Eeesene Saee Ae Wes Ash. & Roch Bell Ceeeeeeeeereneee Telephones Erlo Pc Union Stock Yards Sesersee Ya Securitie Ra Am Cotton Oil Trust Pneumatic Tool Brunswick Manganese Burton Stock Car Chi Boston & Liverpool Co Fortuyne Elec Ceeesees Kh Tilinois Sted Mt. Desert Thorson Lea Wes House Elec. Co Winnishamet Co Wilson W. Fay ‘& Co Desert & Hastern Shore Electrical Safety Co Seeeeeaesi Pontine Muncie Morley Button Fort

July Investments and Correspondents in Global Markets

Report details foreign exchange and telegraphic transfers across Europe, California, and the British Provinces. It notes stock and bond orders executed in Beater, New York, and Philadelphia.

Europe California Beater New York Philadelphia

Northern Pacific R R Company bonds exchange proposal

Drexel Morgan & Co releases figures for ten months ending April 30 1890 showing gross earnings 18 715 328 15 operating expenses 9 745 958 46 net earnings 6 531 046 76 surplus miscellaneous income 1 101 558 35 profit over fixed charges 1 511 980 53 and offers to deliver Northern Pacific Consolidated Mortgage five percent gold bonds in exchange for Oregon and Transcontinental Co First Mortgage Trust bonds at the stated basis.

Oregon & Transcontinental Company O. & T. Company Drexel, Morgan d& Co Northern Pacific R. R. Co. Consolidated Northern Pacific Drexel, Morgan & Co Wall Street New York Oregon & Transcontinental Coo Northern Pacific R. R. Co Northern Pacific R. R. Company Consolidated First Northern Pacific R. R. Consolidated First Mortgage Trust E. Rollins Morse & Brothar Brewster Cobb & Estabrook Tower Giddings & Co Lee, Higginson & Co

Foreign financial report from London market

United States bonds quoted at 124 1/4, Atlantic & Great Western firsts at 40 9/8, Canadian Pacific 84 1/2, Erie 27 1/2, Illinois Central 120, Mexican ordinary 40, St Paul 77, New York Central 112, Reading 234 4, money from 3 percent, demand for bills noted. Discount rate 3 to 3 1/2 percent in open market.

London United States Atlantic & Great Western Canadian Pacific Erie Ilinois Central St.Paul New York Central Reading

Readings and rail stocks move in quiet New York market

Money on call stays easy at 3 to 4 percent with last loan at 3 and demand at 2. Sterling exchange eases with bills at 4.84 to 4.88. Reading stock leads gains in late session, Atchison and sugar inch higher as market remains dull overall. several railroad bonds rise modestly while others hold firm.

New York Prime Mercantile Sterling Exchange Reading Atchison Sugar St. Paul Northwestern Memphis & Charleston New Jersey Island Central Pacific Rochester & Pittsburg Toledo, Ann Arbor & Grand Trunk Western Union Louisville & Nashville Cecilian San Antonio & Aransas Pass Cairo & Fulton Wabash Debenture

City Horse Market Sees Slight Decline Amid Strong Demand For Family Horses

The market notes a perceptible decline in values over the past weeks as the season peaks, yet good family horses remain in demand. At Walker's Bazaar one sale of 65 head netted $40,200, prices per head from 40 to 400 plus. several auctions report mixed results and steady or modestly lower prices across multiple stables and carloads.

Atalker’s Bazaar Moses Colman & Son Isburgh & Co's Savane H Brockway Kansas Welch & Hall Streeters Ussell & Drew New York State West J F Drew Edgar Snow & O E Ham & Co

Leather Trade Remains Firm Amid Upward Trend

The leather market shows continued strength with rising prices and steady demand. Hemlock sole leather stays firm as home buyers and foreign trade absorb receipts. reports note advances of about 2 cents in some lines and robust activity in buff and grain leathers across No 1 to No 3 grades.

Duffy’s Pure Malt Endorsed Against Summer Ills

An old notice extols whiskey as a health aid for hot weather stressing pure whiskey as safe and effective. It cites Hon J F Trumbull’s war aid and claims mixing Duffy’s Pure Malt with water prevents dyspepsia and disease while killing germs. The ad urges buyers to insist on genuine product.

J. F. Trumbull Connecticut Duffy

Market report on leather and hide prices and sales

The report notes No 1 hides at 11 11 percent ac and No 2 at 10 lic, with best oil grain selling around 1344 14c and down to 1042 for No 9. Finished splits remain firm and steady, home buyers active, cheaper grades selling to foreign trade. Crimpers bid 15 18c, heavy shoe splits 17 19c, fresh splits No 1 30 35c No 2 20 26c, finished calfskins slow but firm with tannery finished at 80 85c, down to 50 60c.

New York Buenos Ayres Montevideo California Rio Grande

Boots and Shoes Market Gains Momentum and Prices Rise

The boot and shoe trade shows a stronger market with higher prices and better tone. Manufacturers push for gains on new orders with notable increases for women’s grain shoes, light and heavy split boots, kip boots, and calf styles. Demand improves, jobbers seek prompt shipments, and activity is strong nationwide, aided by warm weather and solid collections.

New England

Hide market remains tight with scarce supplies

Foreign hides show weak demand as supplies dwindle. Buyers refuse under 14 cents for Buenos Ayres or Montevideo straight hides while near by arrivals mostly sold. Western buff hides firm with fair demand. Ohio point hides bid at 7 cents and far points at 6 and 6 2 thirds cents, with few sellers ready below.

Buenos Ayres Montevideo Ohio New England

India Rubber Market Quiet With Immediate Demand

The market for India rubber shows subdued trading activity with sales for immediate needs only. Para rubber is firm with higher quotes and exchange. fine Para at 91 93 cents and coarse at 87 87.5 cents.

India

Flour and Meal Trade Shows Little Change in Prices

Receipts today include 2225 bbls and 3699 sacks wheat flour 335 bbls oatmeal and 1000 bbls cornmeal. Wheat outlook is cautiously favorable with good harvest quality and steady spring belt conditions. Prices quoted for Minnesota Wisconsin oats and export grades show slight variations across flour types and packaging.

Minnesota Wisconsin Canada Superior Canada Graham

Grain Market Receipts and Prices Mixed on Slow Day

Receipts totaled 16 650 bush corn 13 510 bush oats 99 tons millfeed 3220 bush malt and 20 baleshops. Inspections show 91 cars with 66 corn 25 oats. Prices mostly unchanged with slow trade and limited trading in oats. steamer yellow corn at 45c, No 2 white oats at 3844c, clipped oats 811 3944c, rye 70c New York, millfeed and bran prices noted, cottonseed meal $26.50 to arrive.

New York Canada Michigan

Butter and dairy market report with mixed receipts

The article details daily receipts across dairy items including butter, oleo, cheese, eggs, beans, potatoes, hay and straw with last year comparisons. It notes butter buyers anxious about future prices, firm western markets supporting steady tone, and scattered regional price ranges from New York to Chicago with a generally quiet trade and uncertain outlook.

Sruck California New York Chicago Nova Scotia Islands

Also Mentioned on This Page

Clearng House St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Reichswarks Reichsmarks Atlantic & Pacific Banking House Kidder, Peabody & Co Missouri Pacific Chicago, Burlington & Quincy Burlington & Missour Elkhorn Deadwood Jack Hills Sandusky Oregon Pullman Palace Denison, Bonham & New Orleans Railroad Denison, Onham & New Orleans Railroad Central Massachuetts Newark & New England Bell Telephone Anglo-American Gas Syndicate Trenton N. J American Gas Investment Company Messrs George 8. Bixby H. W. Thorne William Talcott Machias Bay Bar Harbor Old Wall America Arnold Calumet News Moyle Lake Sumer Essrs Demmon Vivian Uron Kickers Tamarack Boston & Montana Allouez Butte & Boston Centennial Calumet & Tecla Franka Washington Cataipa Mane W. L F Wayne State Street Fiske Building Boston Investment Washington St Geo. Leonard First Mortgage Coxcote Hoyt W. J. Hayes & Sons State ST Devonshire St Boston, Mass Wall St Baring Brothers & CO Newton Mass Springfield Bay City Mich Akron City of Toledo Zanesville Bucyrus Pasadena Cal City of Central Col Devils Idaho Teacock Decora L. Prats D Baties & Cos Atchison, Topeka & Santa FE Proximo National Bank of North America, Boss Union Trust Company Baring Brothers & Company Union Trust Company of J. W Inhiart Sioux City Lawn of Iowa John Eaton Equitable Building Bosto M. Lowest I V Prescott & Cb Perkins & Mott Broadway Boston: Stock Exchange Fe Inc Edison Phon Toy Newport Sullivan Harbor Allouez Mining Ardold Atlantic Hanover Huron Kearsarge Pontiac P. M Oregon Short Line, 200 4419 A Port., 3Aco & P. R Portman Palace Union Pac Weat Gate Ca. B. &N F. W Devonsuire Eastern Electric Ac Company Gethins Electrical Jotadady Union Electric Car Conpatty E Electric Safety Company Gon Iregon Regon Une Ing Alcaison Central Iowa Pace Central Pacific Oe Ches Ohlo Ae Vie Silagi Alton Wees Eens E.M Iilato Gao Ween del. & L Sane Ds Shore Isa Ally Save Auis D& Nash Eee ONO Anne Tore Ern Oxas Pacific U. Pacific St. L L. E Sone Sane Seer Pacide Mail Weer Tenn, C Sir Fans Hope Pta. Inc Den Iowa C Kun. P N. J.C. Int N.v. Lsta Tex. P. Ae Tex. P. UW. Toc Shore O. Nay Lsts Alice Ontario Ophir Uual Penix Veee von, Ala Allenenger Ee Cristo Sutter Teekssse Union Come Mutual 8S. & M. Co NEW York Financial
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