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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 28, 1889

Page

6

Money market steady amid bank deposits and disbursements

The Boston market sees clearing house rates slip to around 2.44 percent with time loans ranging 3.4 to 4.5 percent and call loans with collateral at 3 to 3.5 percent. City finances include temporary deposits of 975,000 in five banks and a planned loan to the sinking fund around July 1. July disbursements on interest and dividends total roughly 90,000,000 in New York and 10,000,000 in Boston, while government interest payments near 8,000,000 on 4s and currency 6s are noted.

Hoston Clearing House Boston City Sinking Fund New York Chicago St. Louis Sanrancisco Telegraph New Orleans Bank Charleston Savannah Reichsmarks Heidelbach, Ickelheimer & Co Pawtucket R. L Blake Bros. & Co Atchison Gulf, Colorado & Santa Fe New York Stock Exchange Detroit, Lansing & Northern Detroit, Lansing & Northern Railroad St. Louis Cable & Western Wisconsin Centrals Chicago & West Michigan London New England Common F. W. Prince Messrs Coffin & Stanton New York, New Haven & Hartford Railroad Company New Haven Connecticut Aspinwall Aspinwall Land Company Bell Telephone Cccescsvessse

Market closes quiet but weak after broad activity

The market showed little feature with a quiet close and small losses. Among stocks, only St Paul Reading New England and Aitchison showed animation with New England fluctuating up to 1%. Rail bonds were quiet with notable gains in several issues, while other bonds and names moved unevenly.

St. Paul Reading New England Aitchison Brooklyn Elevated Rock Island St Paul, Lacrosse & Davenport Hocking Valley Ohio, Indiana & Western Lake Shore Union Pacific Prescott & Arizona Ohio Southern Ohio Indiana & Western Kansas & Texas Mobile & Ohio

Dividend declarations from New Bedford mills and banks

The Howland Mills Corporation and The Potomska Mills Corporation in New Bedford have declared dividends of 5 dollars per share and 33 cents per share respectively. The Worcester Safe Deposit and Trust Company declared a 2 percent quarterly dividend, and The First National Bank at Easthampton announced a 3 percent semi annual dividend.

Howland Mills Corporation New Bedford Potomska Mills Corporation Worcester Safe Deposit and Trust Company First National Bank Easthampton

Brewster Cobb Estabrook Bankers July Investment List

Brewster Cobb Estabrook Bankers announce their July list of investment securities they recommend. Details available on request.

Brewster, Cobb & Estabrook

Atlantic and Pacific Rail Road Company Notice

The general offices of this company will be removed to No 45 Broadway New York on July 1. After that date all transfers of capital stock should be presented to United States Trust Company of New York transfer agent and registrar at No 45 Wall Street New York. J A Williamson President Boston June 18 1889.

Broadway New York N. Y United States Trust Company of No. 45 Wall Street San Miguel Gold Placers Co Thomas Henry Edsall C. E. Parker James Gilfillan United States L.L. Nunn San Miguel Valley Bank Telluride Col Standard Cattle Company of Wyoming Territory Standard Cattle Company Sears Building Boston Mass George K. Blanchard Thos. H. Perkins A. Forbes Freeman Bonds of the Standard Cattle Co

Financial Market Summary From New York on June 27

Money on call was easy at 3 to 5 percent with the last loan at 3 and close offers at 38. Sterling exchange rose with actual business at 4.86 percent for sixty day bills and 4.884 percent for demand. Government and railroad bonds remained dull and steady. Sugar Trust advanced strongly, and the Distillers and Cattle Feeders Trust showed a notable gain, while the market gained some activity after delivery hour with Atchison, New England, and Reading among movers.

New York Prime Mercantile Barsilver Sterling Exchange Sugar Trust Atchison, New England Reading

London and Paris Financial Bulletin Amid Currency Moves

London stocks list United States 4s at 131 Canadian Pacific 66% Evie 27% Erie sec onds LOGYs Mexican Central 51% St Paul common 73% New York Central 110% Pennsylvania 528 Reading 2458 Spanish 4s 75% Money 34.1%. Bank of England bullion up £361,000 in a week reserve ratio now 43.75%. Paris weekly Bank of France statement shows gold up 26,600 francs and silver up 2,300,000 francs.

Boston Stock Exchange Arnold Atlantic Bonanza Bbc Mont Ebelees Ao Heelawcess Iees Franklin Huron Tfonlon Eses Aces Kearsarge Cce Ceedees Cost Tecesisacs Santa Fe Ewer Tamarack LUZ Aspinwall Woguings Boston Boylston Street Brookline Campobello Owenliigh East Houston Bold Ing T. A Laimoine Emer Payson Atchison Ponodrcou B. & Air L. Pref San Diego BOCH Sullivan B., C Lie & Nice Aig Pacific West End Owe Winthrop Tee Wollaston Central Iowa Central Pacific Ches Ohio L. G. Ts Chi. & Alton Pac L. G Del Cy He & Q Kan Fort Wayne Did Texas Elk H Tex Eure K. U Lake Shoe Mein N.Y Minn Nor, L’ac P. D’o Lorry Mo Oregons Va M Con Ly M Jr . Nash. & Chat YG Pueb A. V Kutland Suu Southern Obado Tex. Div Northwest Peel Ceer E* . O Sonora Riot Lee M. Y. Cent Wes C. & St. and . Oe St. Ju A. Ie Es. E Union Pact West Oregon Atlantic & Paucific Boston & Albany Pickee Et . Rhoston & Lowell Pittsburg Huston & Maile Reading Hoston & Provee Rich, & A Cher Cal. Southern W. P Rock Island Neewwee Rome Canton Secon St. Paul St. Fs Mea M L X& Mipis S.a Ces & Wee “Press Fitchburg Fiint & P.M Utica & B. RR K. C Stl W.& Lk K.C., Sp. & Slem Tee Klrland and Miscallan Ee Companies K.C Oregon Lin Oper Seer L. K Pacific Mail Eee Bose L E Corsair Oly Old Colony Ns Wm Tenn C & Ta Cameron Ruthind Sugar Trust Llée Summit Island Union Pacific West Kina Pref Eee Wisconsin Central Siege Wy O Pref R.cecces Sneer Am. Fell Ree Ewes Erie Eastman Car Heaters Lainson Store Ser. Co Vo Pulman Palace Car Co Lynn Boston RR Lynn Gas and Electric Co Mt. Desert East Shore Malden Electric Co New York Despatch Co North Chicago Rolling Mill National Lead ‘Trust Sugar Refineries Co Thomson-toreton OOM Thomson Elec Westinghouse Elec. Co Winnisluimet Co London United States Canadian Pacific Evie Mexican Central St. Paul Common New York Central Pennsylvania Barnadettes Bank of England Paris Bank of France

Kennebec River Announces New Steamer Route

The Kennebec line will soon operate the Kennebec steamer along with the Stars of the East, offering four weekly trips from Lincoln’s Boston on Monday Tuesday Thursday and Friday at 6 p.m. The vessel is praised as a fine side wheel steamer with 124 state rooms, furnished in modern style. Credit is given to Charles H. Hyde, the Boston agent succeeding his father.

Kennebec Stars of the East Lincoln's Boston Charles H. Hyde

Commercial Matters Market Trends Report

Flour firm corn easy oats firmer rye flour quiet graham very quiet cornmeal firmer oatmeal steady rye dull mill feed firm cottonseed meal unchanged malt dull hops steady butter quiet cheese fairly steady eggs fairly steady beans steady potatoes quiet grass seeds slow poultry firm hay quiet straw easy truck active pork steady corned beet dull fresh beef easy lambs muttons quiet apples dull oranges fair demand lemons firm sugars strong molasses quiet tallow weak

Graham

Hemlock and leather markets show firmer demand abroad

The market for hemlock and sole leather notes increased foreign demand with large export sales in New York and locally. Prices stay near recent levels as domestic demand remains steady. tanners anticipate better activity after the 4th of July, despite potential price reductions if receipts grow.

The Boot and Shoe Trade Outlook Steady in West and South

The good jobbing trade in the West and South remains strong with signs of growth this week. Retailers report solid business, and prospects for fall and winter are bright. Factories are well employed with fair orders for heavy goods. men’s calf boots improve while women's light goods lag. Prices show strong resistance with no expected concessions, rubber goods still dull but showing some cautious improvement.

The Hide Market Slows Amid Large Stockpiles and Weak Prices

Hides show no rebound after a week of slower trade and weaker prices. Foreign hide stocks exceed one million in first hands both here and in New York, with recent private sales of 25,000 Zanzibar and 30,000 Entre Rios hides. Prices for Montevideo and Buenos Ayres hides quoted around 1 cent, Western buff scarce with 3200 sold, seconds at about 3.5 to 4.0 cents, Bs 4.5 to 4.4 cents, and green salted hides offered around 4.14 to 4.4 cents with dry at 8 to 8.0 cents.

New York Buenos Ayres Montevideo California Pennsylvania Salem Peabody Zanzibar Entre Rios

The Wool Market Receipts Rise This Week

The wool market reports receipts of 16 859 bales this week, compared with 8 995 bales in the previous period. Buyers and sellers assess market vigor as trade activity continues across key centers.

Fenancere Dividends Competent Experts Estimate Property Values

Competent experts estimate the values contained in the property of the company at issue. The discussion centers on asset valuations, potential dividends, and the impact on stakeholders as the firm reviews its financial position and distribution policies.

Also Mentioned on This Page

TEE Money Market Erie Telephone West End Land West End Street Railway Company Thomson-Houston Company West End Company Messrs. Whitney and Hyde Coffin Griffin Herald Electric Elecric Thomson-Houston Union Stock Yards Sioux City Stock Exchange Henry R. Merton & Co John C. Calhoun Anniston Land Company W. K. Wood Sheldon Marble Company Glebe National Bank City OF New Haven City OF New London City OF Cleveland City OF Lincoln City OF Kansas City OLD Colony Railroad Grand Ave Somerset Railway Congress Street Iowa F. W. Parker & CQ State St Springfield, C Minneapolis Kh. R Maine Central Hk. R R. L. Day & CO Exchange Place Boston Lock Exchange I.nd Can. So Ud Gilby Cen D.& RG P. Cons Ld K.& T. G. Nene Peebe N.d. C N.V N. W. Cons Cuommranins Wit Cacage Sr Best & Bel Ss & M Occidental Cs Col. Coal Ontario CaLageVa el Cristo Silver King Goulad& Curry Sina Hoea United Copper Hemistake N. W St. i M. G Dbs Pepsis Werkee Ek St. P St. P Tex. P. KR U. Ac LiTve W. Shore Serre Miscellaneous Stock Exchange STOC B& N Sioux City Stock Yards Samsonss Aspinwall Land Hastoston Land Seeteee Frenchman’s Bay Topeka B & Mont Mining Butte & Boston Cal & Uecla Mining Ir A T&s F Vo Bost Alb Lost & Lowell Bost Maine Cal So F & Vere Mar Pf. Sas FIS & M Rishis San Fran Wis Eaee SU P. MA Ts& F Co FIS &Mgs Ee Ne Ist Inc NY &N Nhs Og & L Chain Orezon So Kan Inc Io Wis Armisell Topeka Land Bonanza Mining Roen & Mont Mining Ou Pac Best & Me Est Wilson W. Fay & Co State Street Raveriaisons Edison Phon. Toy Dynamo Elec Sorey Ao Rene Beacon Electric Ort Payne Coal and Fron City of City of Waltham City of Cincinnati City of Detroit Boston & Lowell Fitchoure RR Kansas City Cable Rd Naumkeag Street RR Blake Brothers & CO Nassau Street Trustees Conservative Jarvis Conklin Mortg. Trust CO Kansas City Boston Safe Deposit and Trust Co Henry J. Nairo Atlantic and Pacific Railroad Company J. A. Williamson NEW York Financial Alta. c RAO Opi Elder Ceeds Sian Ae Hale & Norcross Commonwealth Foreign Financial Kennebec River J. E. Carter & CO Bakers & Commission Washington ST Fenancere THE Congress ST American Loan and Trust Company Northwestern Guaranty Loan Co Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew D. P. Ives & CO Water St Lig Cottonwood Territory of Utah Thos. P. Boole & CO Hooin Sonia and Lansing Railroad Company Second National Bank of Boston Sears Charles Merriam Detroit, Lancing & Northern RR. Co Globe National Bank John 4. Shueldon Postoffice Maia Seaboard
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