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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 07, 1889

Page

6

Money Market Mixed With Rail Con solidation News

The Boston money market shows dull rates with clearinghouse at 2 percent and time loans 3 to 5 percent. Reports detail Union Pacific consolidation talks uniting Oregon Short Line and Utah & Northern, creating a 1055 mile network and potential wider Utah linkages.

Copper stock deal moves shares as talks extend

At a New York conference the French investor group and American producers agreed to contract extensions with price reductions and preserved letters of credit. Major mines including Anaconda Calumet & Hecla backed the deal, lifting copper stocks in Boston Montana Franklin and Tamarack while reporting sturdy February ore output and promising advances at several mines.

Brunswick New York Wheelock Anaconda Calumet & Hecla Boston & Montana Franklin Osceola Tamarack Huron Palmer Butte & Boston Mining Company Butte Thomson-Houston Edison Toy Phonograph

Atkinson House Furnishing Company Maine Stock Rises

Prominent among New England investments the Atkinson House Furnishing Company of Maine shows steady dividends of 5 percent every January and July since 1887. The firm reports a growing surplus and a stock price increase of $2.00 per share effective April 1 after a Feb 6 1889 stockholders vote. Office: 17 Milk Street, Room 5.

New England Atkinson House Furnishing Company of Maine Milk Street

Bond Deposition Deadline For Mexican Central Bonds

Boston date March 6 1889 deposit window for First Mortgage and Income Bonds under January 30 1889 circular expires April 10 1889. Most bonds already deposited leaving a final opportunity via Boston Safe Deposit and Trust Company or Glyn Mills Currie London with specified fees. After April 10 deposits incur double charges until further notice. Levi C Wade President.

Boston Boston Safe Deposit and Trust Company Milk 5 St Glyn, Mills, Currie and Company Bankers Lombard St London Levi C. Wade

Foreign Markets Report From London and Paris

Foreign markets overview from London shows Canadian Pacific at 52 percent Erie at 30 percent with Erie seconds at 106, Illinois Central 112, Mexican Ordinary 43, St Paul common 63, New York Central 111, Pennsylvania 56, Reading 24, Mexican Central firsts 73, and Money at 2 percent. Open market discount rate for short and three months bills around 2.4 percent. Spanish 4s quoted at 75 percent. Paris advices cite 3 percent rentes at 85 francs 40 centimes. Bank of England bullion balance today adds 64,000 pounds.

Boston Clearing House New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Secretary of the Treasury Atchison Chicago Atchison Union Pacific Oregon Short Line Ogden Utah & Northern Railroad Utah & Northern Uta & Northern Railway Company Granger Huntington Butte Utah Tah Central Utah & Nevada Salt Lake & Western Ogden & Syracuse Salt Lake City Flint & Pere Marquette Oregon Navigation United States Supreme Court Oregonian Chicago, Burlington & Quincy Chicago, Burlington & Northern Oe Kansas City, Memphis Irmingham Pullman Palace California Southern Current River West Michigan Wisconsin Central Mexican Central Sanuis Potosi Division Chicago, Burlington & Northern Chicago, Kansas & Western Detroit, Lansing & Northern New England Oregon Sonora Southern Kansas Boston & Albany Boston & Lowell Boston & Maine Boston & Providence Central Massachusetts Eastern West End Maine Lamson Lamoine Brookline Sullivan Boston Stock Exchange Wilson W. Fay & Co State Street L& C Thormson Rome Owaee Feoptual Tel Sullivan Harbor Land West — Land Burton St. Paul Iint Atlantic Pace Seere LO Financial Telegram Os & Mont Arnold Min St. P M. & Moe Gai Cai & Hee Il Eureka Pissy Vitae Pacific Isi C. Ee Franklin U. Pacific Nvtica & Bed Ener Nationa Eeee St. L. Zt Osceola Ae Bank Ff Een Soumesass Oa Hh Ein Sey Oseeee Santa Fe Oregon I AX Pacific Mail Ees Saya Exchange Bank Eenee Seer Pullman Pal Eliot Bank el Q. W Union Bae Ie Ae Geckuves Sravewese Revere Bank Peepee American’ Oil Belfast Belfast Bank Eodeaeereeee Severe Veseeeres Esterase N.Y I. I Andover Bok Frenak Iaaigalto, Tenn. C. & Cameron Coal Aeee Kiver Vawanesaes First Bank Saiem Do Sooeetrre Chi. G Tr Freeman's Bank Eve American Cab F&pm Manchester Mills Bates Aaenine Co Pees EU Es Eae . 1,000 350 465 46 3 Ao Abeasters Neenee Edwards Manuf Co Union Manuf Co Eauee Wiese 237 Can. So. 2Ds. 04 94% N. W Hill Manuf Co O. Navists Palace Car Shaw-Stocking Co Sicvtere R.G Eee Tereeters Fener Everett Mills New St. Leathe Kcott Cotton Mills Icheass P. M. J Boston Manus Co Lancaster Mills Erie St Be P Hamilton Manuf. Co Kan. P Wamsutta New Bedford Jeter LLBY Sonata Jackson Manuf.Co Eeereeere M. A Silver Cert Bell Tel Pe Fee Cove N.J.C i'Tex. P Boston Water Power Fitchburg RR Prao Quincy ATOR Amador Best & Reich Lab Cal & Hee Oepssuaas Cal. B. Hise Ontario Neva Ee Bledobee Wakefield Rattan Co Eeee Commonwth Aca Huron Evans Artificial Leather Va Fey Bva Sunivan McKay & Bigelow H. M. Cere Crown Point Union jCon Thomson-Houston Electriate el Cristo Vere Traveller Newspaper Association Aes Gould & Cury United Copper Charlestown Gas Hale & Nor Tamarack Etere Barber Trimmer Co T&s Fe Ieee C.ben St. Johnsbur Salem Maine Central Pal Ny&n North. A Eng. Mort Chi Bur, & Northern Ae Sioux City & Pacific RR Bos Concord & Mont San Diego Land S. Co BSB Old Colony RR Far, Loan and Trust Co Boston & Lowell RR American Rapid Tele. Co Chi, Mil. & St. Vans RR China Mut Ins. Co Scrip London Ilinois Bank of England Ee Ih Allouez Arnold Atlantic Eset Ee Bonanza Devel’t Mont Crescent Dunkin Franklin Huron Santa Fe Ee Perkered Boothbay W. P Sixeb Iva Boylston Street Seite Sack ‘ By Winthrop Wollaston Eevnee At. & Pac. Lst Do Inc Kan C. & W. Mich H C D.D de Wis Elk H J. & Alb M. Go N.Y N. E D.O Con of & LC A. V. Cinc Rutland Inc Atch Top S. F Atlantic & Wacifias Cleve Janton Col. Sp Cid Fitenburg Mae . Ee I Seee K. Go Et Cleeere Cll Kc. & Mem L., KE St. Lucse Mexican Central. . O North Eeewe Old Colony Summit Branch Wisconsin ‘Central Bell Fastman Car Lamson Store Ser. Co Pullman Palace Car Co

New York Financial Market Uneven Trading and Declines

Money on call was easy with rates from 2 to 3, while bonds and stocks showed a quiet heavy tone. Chesapeake & Ohio first preferred rallied, Manhattan weakness pulled down the market, and overall railway and coal shares faced mixed moves with a late decline.

New York Sterling Exchange Chesapeake & Ohio Chicago Texas Pacific Pacific Mail Short Line Manhattan Oregon St. Paul Gould Dulness Chicago Gas Colorado Reading International International Seconds $108,000. Long Docks Erie Indianapolis Decatur & Springfield Metropolitan Cairo Arkansas Texas Gulf, Colorado & Ronta Fe Duluth Manitoba Dakota Utah Southern General Great Western Second Trust

Commodity market notes from agricultural columns

The report lists price and demand status for many goods including lumber flour corn oats rye Graham cornmeal oatmeal rye barley millseed and cottonseed meal as well as meats eggs butter cheese and produce. Supplies are described as steady firm dull or quiet across grains vegetables dairy and livestock with sugars molasses and fats showing varied activity.

Wood Prices and Availability Across Hardwoods and Pine

Market notes show limited hardwood stock with steady demand and rising prices for white wood, poplar, walnut, and oak. Various lumber grades and lengths listed with current quotes for Hemlock boards, shingles, clapboards, laths, and spruce and pine products from multiple regions and stockyards.

Pennsylvania Canada Indiana Vermont

Market Outlook for Lumber and Shingle Industry Across Regions

Market conditions remain favorable with steady demand for Eastern and Northern lumber. Reports from Maine show heavy logging activity and abundant spruce supply while Michigan shows strong white pine markets. shingle mills expand despite ample supply, prices holding steady and buyers rushing orders.

Maine Michigan Grand Rapids Pennsylvania

City Horse Market Shows Quiet March Trade and Low Prices

Dealers report a generally quiet March with large arrivals and low returns. Auctions at Walker's Bazaar and other stables sold 100 plus horses, with prices from 40 to 400 dollars. Trade described as fair for work stock, but common horses remained dull and prospects for the coming week looked unpromising.

Walker’s Bazaar Maryland Moses Colman & Son Attsburgh & Co J P Dunsmore Russell L H Brockway Welch & Hall International Horse Exchange CH & E Snow

Cloth market steady in Fall River with steady demand

Fall River mass reports the print cloth market remains quiet with moderate trading. Buyers and sellers hold prices around 315 to 316 cents per yard for 64 by 64 inch cloth.

Fall River Mass

Wheat and corn trading active amid bullish yet cautious tone

Grain markets in Chicago opened with active wheat trade as shorts booked profits and buyers aimed long. May wheat bids near 10248 with rumors of miller advance in Minneapolis. corn remains dull to steady with strong export hopes from St Louis and New York closing quotes showing modest gains across contracts.

Minneapolis St Louis C. Williams & Co New York

Market report roundup of flour corn oats and wheat prices

Regional grain markets show mixed receipts shipments and prices. New York and Chicago reports note steady to dull trading with No 2 mixed and steamer yellow corn quoted alongside flat oats and wheat futures. Prices vary by grade and location across St Louis Toledo Detroit Milwaukee and Minneapolis markets with modest gains and declines amid heavy supply.

Minnesota Michigan Canada Superior Canada New York St Louis Milwaukee Chicago Toledo Detroit Hoosac Peoria State Loledo Steader Minneapolis

Also Mentioned on This Page

Mexican Central Railway Company, Limited New England Mortgage Se Curity Company Parkinson & Burr Congress Street Irving A, Evans & Bankers and Brokers Philadelphia Stock Exchange Building BOA T&s Do Trust Det Lansing So Kan Inc Miscellaneous Stock Exchange T. H At. & Pacific Heer Mir L Pacific Central Iowa Central Pac Ches. & Ohio Yale E. UL del. & H del. & L KR. G Wee Fearon Wee Cess Fort Wayne Seit Hockingal Houst Ereaas Kings & Pem Aiega Lake Shore Long Island Lou Man Seer . Tener . Mem Tl. M Cee Sever Eeer Euee Nash N. J. Cent Berkg West A Y. Cent Ohio Owen Ee Ont & Weat Pittsburgeer Alocsesvcea NEW York Financial Beyton. Caverly & CO North Market St. Stalla Faneuil Hall Market James & Abbot Liberty Square City Horse Market Boston Exports York COUN Farnum, Reardon & Co Pullman's Palace Car Company Chcaco Farmers’ Loan and Trust Company New Enevanp Trust Company Denver, John M. BI Colorado Reey & CO Denver Zalvern John M. Berkey & CO THE Eastern Banking CO Francis A. Osborn T. Merrihew Kansas City New York Exchange Bauerlein & CO John Jeffries & Sons Devonshire Street Jane John E. Welsh Boston Markets
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