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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 09, 1887

Page

6

Money Market Report of Boston May 7 1887 Valley

The Boston Money Market report shows steady money demand with no major rate change. Loans on call with collateral sit around 4 1 4 to 5 percent, merchant paper 4 to 6 percent, and interbank figures near 5 to 5 8 percent. Clearing house gross exchanges total 16,409,377 with 2,002,908 balances. weekly clearings reach 105,301,512 and 12,178,856 balances. New York funds discount 17 to 25 cents per $1000. The week’s totals mark record clears across most cities, led by Chicago and New York, with strong gains over last year. The New York bank statement shows loans up 4,808,400, deposits up 4,947,800, and a surplus reserve down 2,617,325. Local stock trading is dull with modest declines and modest daily/weekly totals. Atchison and Wisconsin Central show notable activity and dividends. The Bell Telephone wins Wright v. Bell Canada. land and gas stock speculation emerges with plans for large Bay State Gas Company listing.

Boston Corporation New York Sterling Exchange Boston Post United States San Francisco Baltimore Norfolk Galveston Syracuse Lowell Chicago Omaha St. Paul Wichita Duluth N. York Phila St. Louis N. O'l'ns an.O’y Ville Maha Jenver Etroit Jewel'd Memphis Lartiord Haven Portland Oriolk O’ater O’sole Treasury Atchison Flint & Pete Marquette Burlington & Quincy Chicago, Burlington & Northern Union Pacific Atchison Road Wisconsin Central Penokee Ashland State Street New York Mail and Express Atlantic & Pacific Auste & Western Southern Kansas Sonora California New England Boston & Providence Boston & Albany Boston & Maine Concord Central Massachusetts Eastern Preferred Fitchburg Ogdensburg & Lake Champlain Rutland Quincy Franklin Napa Huron Dunkin West End Legislative Committee East Boston Campobello Frenchman’s Bay Boylston Street Bay State Gas Company Allonez. v Atlantic Bia Bonanza Development Boston & Montana Peas Calumet & Hecla Franklin Z Ing Tronion Obi Osceola Aspinwall Atlantic & Pac, Inc Ik. & West, Inc L. R Oregon Ark. Val Southern Kan Wis Eee Boston & Alban Boston & Lowel Providence Eastlinois Iney Dhidg W. Mich California Southern Bite Central of Mass Coim Hble Hive Sand Cleveland Cleve Canton Sss Flint Stonx Ft. Scott & Gu It & Rr Sprin & Memp L. Rock & Ft. Smith Lontaville & Evansville Acacssoesete Maine Central H. & Ont Central N.Y New Eng Jutland Boston WP Campo Ld Summit Branch East Union Pactie Frenchman's ‘Bay Wisconsin Centruim Prem At&sv B&m Bell Telephone New Kong B&n Erte B&q Wiman Palace Vastman I Merchants National Bank Northern Re Revere National Bank Boston National Bank OF TK Fourth National Bank T&s Fe Nation Bank Nat'l Rockland Bank Roxbury First National Bank of Portland Globe National Bank Manufacturers’ National Bank M&st Old Boston Eanieeny Bank Eh Hs KCM& Bobs Shoe and Leather National Bank Ae Cine Exchange National Bank Shimer Us National Bank Beet Ns Sonora National Bank of Commerce Koylston National Bank Naumkeag Steam Cotton Co Amoskea Manut Gree Eye Ain Bell Manches Y Mills Eric Tel Naumkeag Manuf Washington Mills Old See Pacifico Millg Cabot Maniufacturin Samson Treat Falls Barnum Richardson & Co Lime Rock Everett Mills Son Emer Ee Ceeee i Old Colony Neeresett T Metropolitan Hoerr Ween A & P Peeves B& Alb Fitchburg RR Ynetions North Chicago Rolling Mills Eye Essex Company Lou Iro Rolling Mills Fox Showalter Mortage Pacaio Worcester Portsmouth Joay c K& W Nor England Rutland RR Lou, Tye Cedar Rapids & Mo. R Everett National Bank First National Bank of Seenna Renchiman’s B. BO Old Boston National Flaverick Ld TOO Hig West End Ld Columbian National Bank TEBE Old Boston National i Ne Bevere National Bank B.& Pac Atlantic ¢ National Bank Tonse & Albeery Webster National Bank Bank of Danvers First National Bank of Ynn Central National Bank Lynn Tae Ley & Cant Mass Atlas National Bank

Foreign Financial Markets Report From London

Atlantic and Great Western firsts 48 percent Canada Pacific 66 1 2 Erie 35 1 4 Erie seconds 106 2 4 Minnots Central 138 percent Mexican ordinary 62 1 2 St Paul common 94 percent New York Central 115 percent Pennsylvania 60 1 2 Reading 3 percent London May 8 no demand for discount past week stock exchange extremely inactive. three months quoted 1 44 and short 4. American railroad securities firm with slight uptick in investment buying.

London Atlantic & Great Western Canada Pacific Erie Minnots Central St. Paul New York Central Pennsylvania Reading The Stock Exchange American Railroad

Boot and Shoe Buyers in Town in Atlanta and Many Cities

A sweeping list shows numerous boot and shoe buyers and agents across the nation, including Grambling of Grambling Spalding & Co in Atlanta, Draper of Draper Moore & Co in Ga, Mullen Jr. of Tucker Smith & Co in Baltimore, and many others in Baltimore, Charleston, Columbus, Chicago, Cincinnati, Detroit, Galveston, Louisville, Minneapolis, Nashville, Norfolk, Ottumwa, Philadelphia, Portland, St Louis, St Joseph, and more, acting as buyers or agents for boot and shoe firms. The items reflect a dense network of regional agents and firms such as Phelps Dodge, Selz Schwab, Butterworth, Kirkland, and many named Co. Firms and individuals are listed by city and firm.

Atlanta John KR Grambling Grambling, Spalding & Co W Draper Draper, Moore Baltimore J Mullen, Jr Tucker, Smith & Co M Daniel Blandorf & Co A Lawrence Lawrence, Berry & Co M Stern J D Smith I D Smith & JO Burlington McLaughlin Selz, Schwab Co Chicago Ill J F Pratt Bowen & Pratt Wallace Wallace & Sloat M F Prouty M F Prouty & Co C Brooks Brooks Bros. Tre Cincinnati Laws Laws & O Detroit Mich J McLogan W D Robinson & Co Evansville Ind G L Dixon Dixon, Mackey & Co Co Fond du Lac Wis Stickney Galveston Tex F Breath P J Willis & Bro W Huiskamp Huiskamp Bros Louisville C A Warren Warren & Co M J Streng Bamberger Streng G A Owen J H Sutcliffe Sutcliffe & Owen U 8 Leavenworth Kan L A Knox Catlin & Knox Minneapolis Minn B Hefflefinger North Star Band 8 Co Am. Meriden Miss J Baum, Jr J Baum & Co Ottumwa S G Cushing Manning, Lawrence & Cushing Pittsburg Penn J RK Crees Greeg & Elliott Philadelphia A. M Belknap A Shumway & Co Portland, Ore F S Aiken Aiken, Selling & Co St Joseph A T Smith Smith Frazer B & S Co St Louis T Gauss Gauss Boot & Shoe Company U S. St Louis H L Tribbe Mersman & Tribbe Toledo J S Rodgers Dewey, Rodgers & Co Wheeling W E Hughes Vance, Hughes & Co

New York Financial Market Mixed After Late Rally

Money on call remained easy at 4 to 7 percent with last loan at 4 percent. Bonds and stocks showed dull to firm tones with New England weak and Fort Worth & Denver advancing before finishing quiet. A bank statement release triggered a brief weak spell, but the market closed overall steady with few active issues and modest gains in select bonds. William F. Owens notes cautious upside potential if larger operators enter, while New England remains the weak spot.

Real Estate Transfers in Suffolk County Details

A dense record lists transfers across Boston area neighborhoods on April 23 to 28. Entries include Joy street Whitney to Dresser, Pemberton square Bradlee to the city, Walnut avenue Rice to Home for Aged Couples, and many others with prices ranging from $1 to $48,500, plus several mortgages and back transfers.

Joy Street Albert Whitney Jacob A. Dresser William C. Sisiiausen Joseph R. Churchill Pemberton Square Nathaniel J. Bradlee West One Street Caroline Mayer Charles Street Orlando H. Underhill Andrew C. Wheelwright Walnut Avenue Edward E. Rice Huntington Avennue Albion Knowlton John E. Galvin Huntington Avenue Columbus Avenue Charles H. Cobb Bery Hurlbert India Square J. Morris Meredith Gertrude Euphemia Meredith Daraeelsey Roxgeny Sarah Parker Eliza K. Lawson Maple Street West Roxpury John M. Call John Thorburn Call Street Dorchester Alexander McDonald Louisa J. Derby Alexander Avenue Lebanon Street Michael Fallon Elisha W. Lapham Riverview Avenue Lorra Boston Freeborn Adams Rosanna O'Neil Mattie M. Cullen Mystic Street Evangeline E. T. Simpson Charlotte A. Leonard Solomon Koln Cedar Street William W. Webster Rank E. Day Lemuel Davenport Beacon Street Hilbridge W. Locke Ephraim Arch Woodlawn Avenue John B. Dearborn William B. Eaton Pen Street Christa M. Sherman Rebecca JH. Christian Mermaid Stret John VY. Apthorp

Mortgage filings list April 26 entries for Chelsea and Pearl Street

Wilson H Carter mortgages Chelsea Savings Bank on land and buildings at Washington street Chelsea dated April 26 1700 Harriet Elizabeth Johannot mortgages to William A Prescott on land and building near West Chester park dated April 26 000 George W Hewins as trustee to William Minot mortgages land and trees on Pearl street No 19 southwest side dated April 26 amount 70000 dollars

Wilson H. Carter Chelsea Savings Bank Washington Street Chelsea Harriet Elizabeth Johannot William A. Prescott West Chester Park George W. Hewins William Minot Pearl Street

Commercial Market Report Notes Broad Stability

Dry goods are quiet while flour and corn remain firm and oats stay firm with oatmeal quiet. Rye flour steady and trade light, rye and barley quiet, malt steady, millfeeds firm. Butter cheese eggs beans potatoes hay straw grass seeds truck demand fair. Tallow provisions fresh beef sugar molasses steady with no changes noted in poultry and apples.

Dry Goods Market Shows Quiet Trade Across Cloth Types

Market reports a quiet dry goods scene with small hand stocks and modest inquiries for cotton channels brown cottons and bleached cottons. Providence print cloths firming slightly, Fall River weekly stats show production and stock levels, while fabrics like cassimeres and worsted remain weak or quiet. overall high inventory and subdued demand across textiles.

Providence Fall River

Crop reports show Ohio wheat at 28.4 million bushels in 1887

State agriculture board reports 1886 wheat at 40.57 million bushels and 1887 prospect at 28.4 million, about 30 percent below fair average. Many counties report below 65 percent condition, few above 90. Barley 75 percent, rye 80, oats area 100, condition 102.3. Missouri April report shows wheat 97, oats area 103, meadows 0.23, spring work ahead, peaches 78, apples 88, pastures backward, stock thin but healthy.

State Board of Agriculture Ohio J. W. Sanborn Missour Board of Agriculture

Market Reports May 7 Wheat and Flour Prices Firm

The flour market remains very firm driven by a strong Western wheat market with prices likely to advance if wheat holds. Corn stays firm though demand is quiet and stocks are light. Oats show activity with May and June loads selling. bids and asks for various oat and corn grades are listed, while inspections note several carloads of different wheats and oats, including No 2 white winter wheat and mixed oats.

West

Also Mentioned on This Page

Law York Aston Hiladelpha Louis Cisco Éltimore Orleans Ittsburg Kansas City Jeveland Columbus Alveston Indianapolis Nis Kedder, Peabody & CO Devonshire St Boston, Mass Nassau St Messrs Baring Brothers & Co Europe British Provinces Basset, Whitney & Co Bankers & Brokers Devonshire Street Iowa C. H. Venner & CO New FH Pringe & CO Birmingham Kansas & Western Northern Pacific RR Mexican National RY CO Nassar Street National Railway Matheson-Palmer Union Trust Company John Pratt New England Mortgage Securitee Milk Street J. F. F. Brewster Houston Boston Stock Exchange Atlantic Cotton Mills Reiderbent Continental Manchester Mills Pemberton Manat A. T& BF Little Ae Got Smith A& Pine Manchester & Lawrence C.K Bostonee Street Vermont & Mass M&b Louisville & En Avilic Shore Te L Ev & St L Reece Eeeeee Express Dodeb Showalter Mortgage Co Bowker Fertilizer Adams Ao Bond American Wells Fargo Boston Atheneum Sena Mae Lamson Tamarack Mining Uae Elsh Santias Helena el Cristo G & ‘Lake Cham'n Inc Stanislaus Consol'd RR of Vermont Top S. F Tenn.c Seerae Ontario Y Chicago & Southwestern Bay Wilson W. Fay & Co State Om Ming T&s F Cdivee Ee Bos & Prov Eestor Jes Rusesson Ny&ne Ing Alt I. H Air C.R Eeeee Lowa Chea Alton Ste del. & L den. & R.G East Tenn Fort Wayne Ani Lake Shore Man Miss. & Pacific M. & Ohio M & Essex Nash Chat Pacific Northywest Oath Oregon Trans Piy & i Rich al. Rebee Dan W.P Rock Island St. L St. Es Bors Ues Utica & B. R Oregon Im Pullman Pal Fie W. Union Renee Sane Css Cacves Cal Alto Eo Best & Belcher Ophir Beg Chollar Potosi Gould & Curry Union Con Hale & Norcross Foreign Financial Markets NEW York Financial Fort Woth Hocking Valley General Fou Aoe Wabash Chesapeake & Ohio Mobile & Ohio William F. Owens Vanderbilt Richmond Terminal Ieuan Suffolk County Great Britain Germany Waaevens Sco Ctes Arese British North America Mexico Central American West Indies South America Central American States Britain Ireland Brazil U.S. of Columbia Africa France Great Bitain
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