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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 06, 1889

Page

6

Money Market and Stock Notes From Boston and New York

The Boston Money Market shows rates steady with clearing house at 2 percent and time loans from 3 1 2 to 5 percent. New York funds sold at 5 to 8 cents per $1000 discount. Exchanges: Boston up modestly. New York exchange up from year ago. Bonds offered at par to 108 with several issues noted as active or weak. Atchison and other rail earnings listed. copper and mining shares show wide moves. Rag Baby stock surges in Boston streets. Thomson-Houston and Thomson Electric Welding quoted near session highs.

Boston Clearing House New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Frances Oregon Short Line Atchison Bonds Thomas B. H. Price Boston Stock Exchange W. 8. Lawson & Co Atchison, Topeka & Santa Fe St. Joseph Chicago, Kansas & Western New Mexico & Arizona Railroad Sonora St. Louis, Kansas City & Colorado Gulf, Colorado & Santa Fe California Central California Southern Atchison Atlantic & Pacific Wisconsin Central Chicago, Burlington & Quincy Keokuk & Northwestern Railway Charles E. Perkins Chicago, Burlington & Northern Kansas City Fort Scott Memphis London Atchison Trust Cedar Rapids Missouri River Eastern Louisville, Evansville & St. Louis New England Oregon Boston & Albany Boston & Maine Central Massachusetts New York & New England Old Colony Rutland Boston & Lowell West End Railway American Bell Erie Lhoston Land Lamoine Penobscot San Diego West End Newport Land Trust Mort Allouez Santa Fe Atlantic National Calumet & Hecla Tamarack Dellphone Edison Phonograph Maine Thomson-Houston Electric Thomson Electric Welding

Auction Sales of Diverse Stocks By Order of Adm.

The list shows auction offers from C. A. Putnam & Co and others including Albany RR Fitchburg RR and Union Pacific. The market moved from weak to firm with Tennessee Coal and Manhattan showing strength and Oregon Short Line leading a late rally. Prices closed near best levels after midday gains and later slight declines.

Adm Bshares B Albany RR Do B Prov Fitchburg RR Manhattan Tennessee Coal Oregon London Louisville & Nashville St. Paul Reading Iron Works Short Line Navigation Pullman Tennessee Chesapeake & Ohio First Missouri Pacific Chesapeake & Ohio Cleveland Columbus Cincinnati Indianapolis Denver & Rio Grande Western Ohio Indiana & Western International South Pacific California Wabash Detroit Great Western Erie Ohio Southern Milwaukee, Lake Shore & Western

Dividends Declared by Several Companies

The American Dredging Company declares a dividend of 3 per share. The Fairbanks Scale Company sets 3 percent at St Johns bury. Manhattan Elevated Railroad issues 12 percent scrip convertible into 4 percent bonds. Chicago & Northwestern Railroad distributes 1 54 percent on preferred stock quarterly.

American Dredging Company Fairbanks Scale Company St. Johnsbury Mahattan Elevated Railroad Company Chicago & Northwestern Railroad Company

Money market and bonds dull in New York session

In New York on March 26 money on call eased to 2 to 6 percent with the last loan at 4 and closing offered at 1. Sterling exchange weak with actual business at 4.8644 for sixty day bills and 4.8854 for demand. Government bonds remained dull and steady while railroad bonds showed activity. Stock market dulness intensified after noon.

New York Sterling Exchange

Financial market snapshot with London bonds and US stocks

London Consols quoted 971-16 for money and 98 1/2 for the account. US stocks include United States 4s at 19144, Erie seconds 106 1/2, New York Central 111 1/4, Reading 24 1/4, Canadian Pacific 52 1/2, St Paul 64 1/2. Short bills discount at 2 percent, bullion withdrawn from Bank of England £13,000.

Atchison L. G At. & Pac Dal C.& W Cen CG. M St. P. És D.D Fre. & Elk H. Gs A& G K.C K. C U.K K.C . Sp S. P N. FE Rv. D.O Oregon L. És Tliva Lll. Og L. C. Con En Inc Puebd. & Ae Sonora Union Pacific Do S. F Do Inc S. F Atlantic Pacific Boston & Albany Boston & Lowell Boston & Maine Boston & Providence Cal Southern Central of Mass Cleve Canton Col BP. & Cin L. N Fitchburg Blunts P. M. Com Gtyrk, C Rt. Ss Gulf. Sons Ee N.Y N. Dewweae Old Colony Eeides Union Pacific Gla West End Wisconsin Central Bell Erie Sewer Eastman Car Lamson Store Ser. Co Pullman Palace Car Co Brokers’ Board Fe Trust Cedar Ra & Mo E & St Ny&ne Texas Erie Tel Lamson Boston Lands Boston Water Power Penobscot San Diego Law Cal & Hee, Eee Franklin Eeere Gabe Ieee Kutland Bell Tel T Cit Boston Land Frenchman's Bay Land San Diego Sullivan Harbor Land West Ena Wollaston Land Allouez Atlan Bos & Mont Copper Butte & Boston Ee Franklin Osceola Santa Fe T&s Fe Eesses Blyf CBEQ Ereewee Ena Ing Ee St. H. Senor AL - Pacific Atchison o+eeee B. & Air L. Pref B., Roch. & P. Vere Bal Iowa Central Pac Sil Ches. & Ohio A . Alton He L del. & H East Tenn Erie Fears E Fort Waes Sae Eae Sons Hocking Long Island Lou. & N Lou N. A Man Beach Minn St. L Mo. Pacific Ohlo J. Cent Gary Northwest Bago Beg Wwest Oregon Feenes D. & E Aeo Pittsburg Rock Island Rome Aeee Weve St. le & P We&l. KE Oregon Inn Facilie Mail Bom Pullman Pal W. Union American Oil P. C'S Tenn. C. & L Cameron Coal Enee Enor N. W Lilcen. I M. D G. W St. Tn S D St. Pe Cous Ss. PB. Kan Lex. P. Ee N. J .Culms P. R. N.Y Ac Shore Amadore Ontario Best & Belch Chis Col. Coal Quicksilver Bia Nevada Sullivan Con el Cristo Union London United States Atlantic & Great Western Canadian Pacific Illinois Central St. Paul New York Paris Bank of England

Market Report Index Fluctuations Across Commodities

Commercial prices show mixed movement with grains varying from quiet to firm. Meat and dairy items remain in steady to active demand while sugar and fats signal small shifts and overall stable levels.

Sale of Sir Walter Raleigh wool draws large crowd in London

In London on March 5 a sale of wool salvaged from the Sir Walter Raleigh ship attracted many English operators and continental buyers. A total of 2457 bales of Australian wool were offered without reserve, despite sea damage. Prices ranged from scoured at 7s 4½d to greasy locks at 4s 4d and greasy pieces at 2s 8d.

London Walter Raleigh

Wheat declines and steadying in Chicago market report

Farnum, Reardon & Co describe wheat opening under Monday’s close, then slipping about three cents per bushel as bears pound and longs unload. Shorts buy to halt further drop. outside markets weak. Corn cash demand lighter, May shorts cover, market near even.

Chicago Farnum, Reardon & Co Bears Longs Northwest C$ Williams & Co New York St Louis

Grain futures and flour market report with wide price ranges

The report details flour and corn markets with domestic flour quotations from fine to winter patent grades. It lists carload inspections across corn oats and peas, notes a quiet, retreating flour market driven by lower wheat, and provides spot and futures prices for New York Chicago Milwaukee and other markets.

Market Notes on Grains and Cash Bids Across Cities

The report covers last call bids and offers in grains from New York Chicago and Milwaukee with cash bids at 35.5¢ to 36.4¢ for No 2 white and No 3 white. April May and June contracts show varied bids. 6 cars sold April No 2 white at 35.34¢, 12 cars at 35.4-35.6¢, 3 cars cash at 35. ac. Receipts and prices across states include New York spot No 8 30c, No 2 White 32-34c, and mixed Western at 29-32c. Chicago easy No 2 26-27c. Milwaukee oats and rye steady. Additional notes list wheat prices in New York, Minneapolis, and Detroit markets, with No 2 red around 94-97c and No 1 red higher. Flour and cornmeal quotes also included with packet prices and tonnages.

New York St Louis Toledo Detroit Minneapolis Northern Duluth Milwaukee Chicago Whlesale Peoria Canada Michigan Bush

Butter and dairy markets show steady prices across regions

The report notes steady butter demand with small lot sales for immediate use. Quotations list Western and Eastern creamery and dairy prices, cheese and egg movements are quiet, and beans and grass seeds stay stable amid limited activity. markets in Cincinnati, Chicago, New York and Baltimore reflect subdued trading and ample supply.

Also Mentioned on This Page

C. A. Putnam & CO S of Boston Stock Exchange Congress Street C. A. Putnam W. D. Middleton A. W. Hale Mortgage Bank & It 4 Investment Co Fargo, Oak Miscellaneous Stock Exchange Naa Dakota Loni and Tr. Co Watertown Dakota Oregon Ky, and Nay. Co Lay State Live Stock Co Boston & Provincetown Steamship Co N. Bk Nat. City Bank Third Nat. Bank Bigelow Carpet Co Det Lansing & No. RR. Pfd Wakefield Rattan Co Arkansas Valley Town and Land Co Farmers’ Land Tr. Co Kansas Grand Rapids, Newago & Lake Shore RR Topeka & Southwestern RR Top St. Fe Farmers’ Loan and Just Co. of Manchester Mills Do Lombard Invest. Co de Evans Artificial Leather Co Rutland RR Eastman T'T. Car Heater Co Do Nat. Exchange Peer Eliot Nat. Bank Concord RR Quincy RR Bridge Co Sugar Refineries Co Bates Mfg Edwards Mfg Maine Central RR Union Cottonie Co Fall River Iso Traveller Newspaper Assn State N. BR M. Revere Bank Selfast N. Bank Andover N. Bank Arlington Mills Do Hill Mfg. Co Shaw Stocking Co Lyman Mills Everett Mills Fitchburg RR. Co Charlestown Gaslight Co Do Sugar Refineries Co Do Eliot Ins. Co Hamilton Mfg. Co Boston & Albany RR. Co Barber Trimmer Co Farmers’ Loan and Trust Co. of Simonds Rolling Machine Co Rutland RR. Co Boott Cotton Mills Boston Mfg. Co Naumkeag Steam Cotton Co Gt. Falls Mfg. Co Thomson-Houston Electric Co Andover N, Bank American Ins. Co Bates Mfg. Co Northern AK. Co N. 1 Farmers’ Loan and Trust Co Nat'l Mortgage and Debenture Co F Ly Bales Arnold Bonanza Devere Mont Butte & Oston Catalpa Franklin Ironton Koearsarge Seeee Isl Ranta Fe Aspinwall Boothbay Boylston Street Brookline Campobello East Monton Janes French Bay Aneae Maverick Newport Paygon Lee Bla Sullivan Topeka Westind Winthrop Wollaston Wilson W. Fay & Co State Street Thomson-Houston Elec Ccacs Financial Telegram Eastman Burton Roa Os NEW York Financial E. Carter & Co., Ba Commission Brake Washington ST John E. Welsh Boston Markets Minnesota Canada Superior City Loledo Vermont Vermont Dairy Elgin Baltimore Western Glenmargarne North West Liverpool New Hampshire Fresh West Oeila Lima Timothy Red Top Jersey Burbanks Hebrons Chenangoes Houlton Hebrons Houlton Rose Aroostook Hebrons Aroostook Ermont Rose Rose New Yor Burbanks Nova Scotia New Brunswick Western Farm Mortgage Trust CO. Capital F. B. Rogers Safefolk Trust Investment Co H. B. Quimby & CO Globe Block St. Paul City Wheildon & CO Water St George Leonard Ag’t Advertiser Mass Inina Berlin Joan Munroe & CO Devens, Lyman & CO Portland David W. Sears THE Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew New York Exchange J.A. Bauerseln & CO Joan Jeffries & Sons Devonshire Street C. S. Williams & 600 Lackawanna Lake Shore Canada Southern American Cotton Seed Oi Laeck Richmond & Terminal Express Williams & Co Congress Sa Devonshire St Quincy Mouse Aliso Mower's Lynn
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