Money Market and Bond Market Reports From Boston June 27
The Money Market notes firm conditions with call loans at 6 7 percent and time loans 5 to 7 percent. Clearing balances and New York funds show premiums, while Boston and New York exchange activity falls from year ago levels. The Boston bank statement expected tomorrow shows reserve gains but large decreases in loans and deposits. Stock markets open weak then steady with Atchison, Wisconsin Central, and regional bonds and stocks moving, and earnings and conversions discussed for various lines. West End Street Railway plans a stockholders meeting for consolidation.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterling Exchange
Meherbka
Inc
Maverick National Bank
Malden
Dow, Jones & Co
London
America
St. Paul
Minn
Cleveland
Atchison
Chicago Times Today
Missouri Pacific
Kansas City
Alveston
Wisconsin Central
Minneapolis
Croix
Wisconsin
Minnesota
Chicago
Atlantic & Pacific
Chicago, Burlington & Northern
Chicago, Arlington & Quincy
Union Pacific
Cleveland & Canton
Flint & Pere Marquette
Cincinnati, Sandusky & Cleveland
California Southern
Clinton
Springfield
Mexican Central
Pescenan
Mexican Central Railway Company
Chicago, Kansas & Western
Oregon
New England
Ater
Boston & Albany
Boston & Lowell
Fitchburg
Sastern
Rutland
Central Massachusetts
Savings Banks
Massachusetts
Northampton
Bell Telephone
Erie
New Agland
Osceola
Quincy
Calumet & Hecla
Bonanza
Catalpa
Contentment
Mesnard
West End
West End Street Railway
Met
Boston Street
Preferred Stock Exchange
Topeka
Penobscot
San Diego
Maverick
Aspinwall
Frenchman’s Bay
Po Lake Gazette
Avon
Dividends Declared By Several Companies
The Quincy Railroad Bridge Company declares a semi annual dividend per share. The American Loan and Trust Company declares a 3 percent dividend. The Douglas Axe Company declares a $2 per share dividend. The Flint Mills Company Fall River declares a 14 percent quarterly dividend. The Nashville Chattanooga and St Louis road declares a 1 percent dividend payable July 20 to stockholders of record July.
MENTIONED IN THIS ARTICLE
Quincy Railroad Bridge Company
American Loan and ‘Trust Company
Douglas Axe Company
Flint Mills Company
Fall River
Nashville, Chattanooga & St. Louis Road
Market closes with tiny moves and varied bondlike debentures
Prices closed irregularly with small fluctuations led by minor gains for Dana Southern and other rail and bridge securities. Notable shifts include St Paul & Sioux City firsts up, New Jersey Midland firsts down, and Colorado Coal firsts slipping. Separate notes cover railroad earnings, bond issues, and planned Guatemalan railway development, with detailed figures for various lines and securities.
MENTIONED IN THIS ARTICLE
Dana Southern
St. Paul
Sioux City
Grand Rapids & Indianapols
General
Newtario & Western
New Jersey Midland
Mobile & Ohio
Lackawanna
Colorado & Santa Fe
Toledo, Pennsylvania & Western Trust
Colorado
Ohio Southern
Financial markets report from London and Berlin
London June 27 Consols sit at 1019 16 for money and account United States stocks show varied quotes with 131 percent for US 48 131 percent and US 449s at 112 5. Atlantic and Great Western firsts quoted 4534 Canadian Pacific 63 Erie 82 percent Erie seconds 10214 Mexican ordinary 6114 New York Central 11614 Beneline 26Me. Berlin June 27 Imperial Bank of Germany reports a decrease in specie by 220000 marks.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Canadian Pacific
Erie
New York Central
Benelinee
Berlin
Imperial Bank of Germany
Railroad 4 Matters An Important Decision
Kansas railroad commissioners ruled against Missouri Pacific, Rock Island, and Atchison town site practices. They ordered a station established to serve local residents, curbing town site control and forced donations of land or stock. The decision promotes station creation over capitalist land deals and bonds.
MENTIONED IN THIS ARTICLE
Kansas
Missouri Pacific Road
West
Missouri Pacific
Rock Island
Atchison
Mining and Miscellaneous Stocks Reported by Fay & Co
Stock listings dated June 27 show various items from ships berth to electrical and metal works. Notable entries include masses such as Lord Acoustic, Mass Tard Acoustic, Water Meter, Gray's Dynamo Electric, Hole Mach, Security, Honerine, Addax Basting and related quantities. The fragmentary list reflects a general commodities and equipment tranche traded by the Boston firm.
MENTIONED IN THIS ARTICLE
Wilson W. Fay & Co
State Street
Boston
Peelasda Seo
Rene
BO Gray
Elec
New York Financial Markets Open with Broad Weakness
Money on call tight at 6 to 6 1/2 percent with last loan 6 and closing bid at 6. Prime mercantile paper 5 6. Sterling weaker. Government and railroad bonds dull and steady. Stock market quiet after 2:16 with Read ing, Pacific Mail, Omaha leading declines. Reading and Lackawanna among the weakest as the day progressed, then slight recoveries faded. Louisville & Nashville and others fell to day’s lows. Pacific Mail, Reading, Missouri Pacific, and Michigan lines posted notable declines with many issues lower overall. Railroad bonds unusually dull.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Reading
Pacific Mail
Lackawanna
Omaha
Union Pacific
England
Louisville & Nashville
Mose
Missouri Pacific
New England
Colorado Coal
St Paul
Jersey Central
Texas Pacific
Wheeling & Lake Erie
Manhattan
Mexican Central reports on Tepic inspection mission
The Nacionel quotes the superintendent of the Culiacan and Altata railway who was in Tepic. He was sent by the directors of the Mexican Central to inspect the San Blas Tepic segment, assess the towns' needs, and evaluate the line’s potential profitability for future development.
MENTIONED IN THIS ARTICLE
Lopez Romano
Jefe Politico
Tepic
Culiacan
Puerto de San Benito
Tapachula
Chiapes
The
Nacionel
Culiacan & Altata
Mexican Central
San Blas
Opening Hi Heat Lowest And Cloning
The report lists yesterday's opening, highest, lowest, and closing figures compared with the same day last year, detailing day’s market moves and year-ago context. Data points include price ranges and closing levels for reference.
Market Reports June 27 Flour Market Quiet Firms in Elevators
The flour market remains quiet with limited sales and a revision in quotations. Corn stays steady with on track prices at Bio and elevator lots at 50 percent, oats firm but subdued, and No 2 white oats trading around 40 to 44 cents. Millfeed is quiet, closing bids and offers show mixed values, and stock tallies across June 27 list various wheat corn oats and other grains with figures for June 27, 20, and 28, 1887.
MENTIONED IN THIS ARTICLE
Bio
Bsc
Boston Trust Company Adopts Will Trusts and Safe Deposit Plan
Boston accepts trusts created by will or otherwise and assumes care of property and income. It offers safe-keeping, interest on deposits, and safes for rent. It acts as trustee and transfer agent for railroads and other corporations and serves as legal depository for executors and trustees. Notable officers and directors named. Grain prices and market data for Chicago New York and other regions follow, with extensive commodity quotes for wheat corn oats rye barley flour butter cheese eggs and potatoes among others.
MENTIONED IN THIS ARTICLE
Railroa
Cotton and commodity markets mixed with futures and spot notes
Liverpool cotton futures amad fluctuate with June to September rounds quoted around 5 56-64d to 6 39-64d and a spot opening at 67 to 15 160 per pound for uplands and Orleans. New York spot firm and futures show narrow bid and asked ranges, while pipelines and sugar markets display varied certificates, sales, and refined sugar prices along with molasses quotes for cargo lots.
MENTIONED IN THIS ARTICLE
Liverpool
Uplands
Orleans
New York
Esc
Dales
Iloilo
Belmont
Porto Rico
Cienfuegos
Barbadoes
Cuba
Trade Centre Reports From New York Flour and Wheat Prices
Reports from New York on June 27 show flour receipts at 18 902 pkgs with exports of 4090 bbls and 1460 sacks. Prices range from common to good at 2 20 8 00 to 3 65 for white wheat Western extra. Wheat receipts total 760 850 bush with exports 110 365 bush. spot values steady with June up 2c and closing firm. Oats, rye, barley, cornmeal, and molasses show mixed movements while rice and tallow stay steady. pork remains firm and steady.
MENTIONED IN THIS ARTICLE
Chicago
Jve
New York
Minnesota
Michigan
York
Canada Superior
Canada
Canada Western
Eastern
Canton
Western
Cincinnati
Philadelphia
Ogdensburg
Liverpool
Vermont
Northern Choice
Ohio
Choice
Nova Scotia
Island
New Brunswick
Timothy
North
West
Jersey
Millet
Angelian
New Southern
St. Louis
City
Stesco
Cort
Bacay
Rio
Salez
Cuba
St. Croix
Trinidad
Petroleum— United
Also Mentioned on This Page
Devonshire S&street
Kidder, Peabody & CO
Devonshire Street
Nassau ST
City OF ST. Paul
Blake Brothers Co
Ill
Ricker National Bank of Quincy
New York City
Theo. Herr
Jrs. M. Bishop
Corner
Congress
Asa P. Potter
J. W. Work
Boston Stock Exchange
Brokers’ Board
K& Winc
H&n
Adi
Penobscot Lal
West End Land
Topeka Land
T& SF
At & Pac Incsesees
B& N
K & Wine
M& Bbs
Ee Sears
O&lc Con Gs
Bell Tel
Seer Oe
Erie Tel
Lamson
Eee dL
Cal & Hee Mg
Boston la
Brookline L
Boston Waoee
East
Sess
Frenchman's
Penobscot Ewer
Nts
Topeka Ldisteneee
West Ena As One
Cheyenne & Burlington
Cheyenne
Laramie
Holdredge
Burlington & Missouri
Gurtis
State Line
New Haven
Derby Railroad
Guatemala
San Tomis
Atlantic Ocean
Pacific Ocean
Paris
Philadelphia & Reading Railroad and Coal and Iron Companies
Troy & Boston and Fitchburg
Secretary of State
Albany
Troy & Boston
Lake Erie & Western
Pennsylvania & Ohio
Net
Milwaukee & Northern
Chicago & West Michigan
Chicago & Eastern Illinois
R Mass
T& Es
Au& P
Osceola M Perarsa
Aspinwall Land
Frenchmat
Eeee
Diego
Ae Wollaston Ldh
T&s BF
At & Pac
B&d
B&q
Te A&p
Wee
P. Sewth
Maverick Ld
B& A
B&l
N.cee Veee
San & O.ceesee
Coger
Alt
T. H
At. & Pacific
Air L
Pacific
Lowa
Col. & HL
Col. & HH
del. & L
Aghia
Ae Erie
East Tenn
Oust
Texas
Ai Lou
D . Aces Fan
Chi
Isa W. Ae
Tradig In
Lewes
Ohlo
Essex
Nash, & Ch Nat
N. Y. Dent
Iittsburg
Wal, Se
Res & Dal
A & Pitts Wee
St Pan
USA
Stu. P
Mee
Ae Ls & O
Eas ‘Pacific
U. Pacific
Utica & B. Ae
Ationcz
Bonanza Development
Brunswick Antimony
Dea
Alumet & Hecla
Aerita
Ares Ig
Puliman la Seenee
W. Union
Amarack
Ooon American OL
Sou Land Companies
BOS
Brookline
Dune “M. Wepe
Spenes
St. As. Sone
Pecensos St. P. Cons
Erie Ne. Sts
St. Ae C.& P. Atlantic & Pacific Os
Atlantic & Pac, Inc. S
American
Wells Fargo
Central
N. Y
New Eng
L. Cham & Ark
Pal
Sonora
Con. C. Va
Ravage
D.ee
Stanislaus
Hiora Silver Tenn
Pee Ee Fe
Dono Seers
I . Pe Pacific
Boston & Alban
Boston & Lowe
Boston & Maine
Boston & Provider
LAL Chi
F. Ilinois
Chi. Burk. & Northern
Hi., Burl. & Quincy
Alifornia Southern
Aliss
San
Maine Central
Summit ‘Branch
Union Pacific Bisse Nde
Com
Eng
Teleone
Bell, Erie Telephone
Pullman Palace
California
Suva
Sherra Nevada
Cal
Union Jon
Aeeed P
Crown Fotnt
Utah
Eureka
Plas
bYg Gould & Curry
Oye
Jac Haled& Norcross
Foreign Financial Markets
Railroad
NEW York Financial
Chicago Markets
Wraar
Creo
Iatts
Otis
Ata Ib
Tvy
Safe Deposit & Trust Company
Milk Street
Nathaniel J. Bradlee
Fou Cumn M ‘Mings
J. W. Linco
George C. Lord
F. M. Stone
Daniel Needham
USS
William K Putnam
Denman Ross
Naptasiel J. Rust
F.M. Stone Henry
Shaw
J. Miles Standish
Benjamin E. Stevens
Gerard C. Tobey
Thomas J. Whidden
Frank C. Miles
Edward P. Bond
Safe Deposit Dept
Solomon Lincoln
Savannah
Oglifornia
Baracoa
Jamaica
Messina
Palermo
Bermudas
Norfolk
Bermuda
Choice City
Brighton