Stock and Bond Orders In Bestor and Philadelphia
Basset, Witney & Co. offers buy and sell stock and bonds for investors or on margin. Dealers in municipal and railroad securities in Bestor New York and Philadelphia.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 13, 1886
Page
6
Basset, Witney & Co. offers buy and sell stock and bonds for investors or on margin. Dealers in municipal and railroad securities in Bestor New York and Philadelphia.
Boston Friday edition reports a quiet money market with rates from 5 to 6 percent for commercial paper and calls at 5 to 6 percent. Government securities steady, New York funds trading down to a premium, and the local stock market opening strong then fading with occasional spikes in specialties.
A long list of merchants from Addison to New York City displays shoe and boot ads, names firms and partners across multiple states. The item lists numerous sellers in cities including Atlanta Baltimore Cincinnati Chicago Cleveland Detroit Evansville Grand Rapids Indianapolis Knoxville Louisville Nashville Philadelphia Portland and more. The second piece covers awards at the Massachusetts Horticultural Society chrysanthemum show with gratuities and first class certificates of merit to several exhibitors and flower specialists.
The Crescent Mills Company Fall River declares a dividend of unspecified percent. Beach Creek Clearfield Southwestern Railroad declares 6 percent from old company profits in reorganization. Adams Mining declares 10c per share 4 and an extra 5c. Colorado Central Mining to pay December 10. Boston Concord Montreal Railroad declares 242 percent dividend payable on the 10th inst.
Ex-rights and dividend notes appear for various mining and miscellaneous stocks. The list includes SNLES Venerine and Catalpan with small share counts, plus Burton Stock Care and Sierra Grande among others. Details are sparse and the excerpt shows prices or quantities beside several listings.
London reports mixed activity with U S bonds showing various yields. Consols at 1017 16, Atlantic & Great Western firsts at 5244, Pacific at 7258, Erie at 8674, Illinois Central 18844, New York Central 117, Pennsylvania 5042 ex-div, Readings ex-div.
The mercantile agency lists 251 failures this week in the United States and Canada, up from prior totals. Frenyear & Razee of Boston and Exeter face receivership with assets around 35000 and liabilities near 20000. Insolvencies include Mount Vernon Steam Company Lynn and Sarah F. E. Kingsbury Nahant, with various creditor losses and asset gaps.
MenMan's Peptoni described as nutritious and life-sustaining for indigestion prostration and fatigue. Casw Zed Beef Tonic claims blood-building tonic properties aiding dyspepsia and general debility. Hazard & Co New York proprietors. sold by druggists.
The report notes little change across commodities with oats and rye steady or improving lightly. Butter remains good and steady while eggs and pork lard show firm demand. potatoes ease, sweet potatoes firm, and poultry selling slowly amidst steady prices for molasses sugar and tallow.
Flour and grain trading shows a quiet market with steady to firm prices. With large shipments of No 2 white oats and mixed commodities moved, while Liverpool and Chicago quotes for wheat, corn, and oats are listed alongside various flour and feed prices for export and local trade.
Butter prices firm across Western and Vermont creamery quotes with on call bids from Northern creamery to Eastern divisions. Cheese and eggs hold steady with firm cheese demand. poultry and beans see quiet trade while potatoes and sweet potatoes price movements appear.
Market notes detail varied apple supply and demand with Glasgow firm prices. London brisk demand and rising prices. Liverpool good fruit but poor lots unsaleable. Cranberries firm, grapes weak, peanuts dull, chestnuts scarce, dried apples unchanged. Auction totals for grapes and various fruits listed. steamer City of Macon bringing 1760 boxes of oranges. extensive price quotes for apples grapes nuts and other produce.
Fresh beef firm with quiet demand while pork and lard hold. lambs steady. veal steady with moderate demand. Liverpool quotations list pork and lard prices. detailed current values for pork, lard, beef, and by products across cuts and weights.
Liverpool cotton futures opened quiet and closed steady with contracts for several months ranging from 53 64d to 61 64d. Spot demand remained good with slight gains in mid uplands and Orleans while New York spot stayed quiet. Sugar prices held steady with refined and raw markets mostly unchanged. molasses quoted for cargo lots and pipeline certificates reflected activity.
Wheat weak with large receipts and exports while flour sells mixed from common white to city mill extra. No 2 spring 84 14 cents and No 1 red 88 4 cents sold at store, while rye and barley hold steady or ease. Cornmeal dull as market slows after large weekly gains.
A dense price bulletin lists outputs including bush and barrel sales, receipts, and exports for commodities like coal, sugar, molasses, rice, pork, beef, flour, wheat, corn, rye, and oats across Chicago Detroit St Louis Cincinnati Toledo and other markets. It notes gains for some items and firmness or dullness for others alongside freight and currency remarks.
Net receipts at all US ports reach 972,123 for the week with exports to Great Britain France and the continent totaling over 143,000. Stocks across ports rise to 749,019 while interior towns hold 152,577, with persistent steady to firm mid demand in many centers.
Chicago market update shows cattle receipts around 7000 with shipments near 30000 and steers mostly 3 30 to 3 50, Texas shipments lower. Hogs trade and volumes cited with rough and mixed prices from 3 80 to 4 65 for cut, packing and shipping around 38 60 to 38 50, lambs at 5 44 to 40.
The London and Liverpool grain markets show wheat firmer on passage and in demand, with corn steady and flour dearer. Paris flour prices steady, Manchester textiles steady, Havana sugar weak with recent sale data and pricing in gold per quintal.
A detailed entries list of goods shipped and received in Antwerp including lithographic stones window glass steel billets rods and other items from numerous firms such as J H Buttard Son H O Houghton L Prang Lambert Bros Hills Turner Co J B Moors Jere Abbott Cob b Bates Yerxa and JA W Bird & Co. with quantities ranging from packs and cases to dozens and thousands. The record reflects a broad merchandise mix including glassware porcelain chocolate and clock machinery among others.
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