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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 01, 1888

Page

6

Money Market Holds Easy Rates with Firmer Outlook

The Money Market notes an easy tone at month end with clearing house rate at 3 percent, deposits and New York funds showing slight pressures. General loans run 4% to 6 percent, with call loans 3% to 4% 1/2. reports of firmer money expected next Monday and Tuesday amid large clearing house exchanges and strong bond activity despite some declines in specific securities.

Boston Clearing House Alances New York Clearing House

Dividends Declared by Regional Banks and Companies

Several banks in New England announce dividends including Plymouth National Bank with 3 percent, National Mt Wollaston Bank 4 percent, National Bank of South Reading 3 percent semi annual, Beverly National Bank 342 percent, Merchants Mill Company Fall River 2 percent quarterly, Naumkeag National Bank Salem 4 percent, and Fredrie Light Company Salem with an unclear per cent.

New York Central & Hudson River Railroad Company Union National Bank of Weymouth Boston Electric Light Company Central National Bank of Worcester State National Bank of Boston Third National Bank of Boston Continental National Bank of Boston Plymouth National Bank National Mt. Wollaston Bank National Bank of South Reading First National Bank of Newburyport Beverly National Bank Merchants’ Mill Company Fall River Naumkeag National Bank Salem Fredrie Light Company Sue Merchan S’ National Bank

Auction Sales of Company Stocks In 1888 Grand Rapids Market

Auction sales list diverse stocks and bonds from multiple cities including Waterville Concord Dedham and Hamilton Woolen Co listed for sale on Wednesday October 8 1888. The catalog covers railroad telegraph and utility stocks along with canal and manufacturing firm shares and bonds with various maturities and par values.

Lockwood Co Waterville New England Mort See, Co Eliot Nat.bank Concord & Wortsmouth Dedham N. Bank Dedham Mass Jiamilton Woollen Co Douglas Axe Mfg Suffolk Mfg Wainwright ‘Fg

London Bank of England sees rate shift amid bullion outflow

London reports an active discount market with bullion outflow totaling £36,000 and expectations of a 1% Bank rate by Thursday. Stock exchange activity remains firm as railway securities rise and American railroad demand grows on prospects of price increases. Paris shows a flat week with late slight gains, Berlin dull with later declines as negotiations to move U.S. railroad stocks to European markets continue, while Frankfort notes a flat diverse week amid realizations.

New York Chicago St. Louis San Franisco Orleans Charleston Savannah Boston United States National Bank Treasury Department Washington Treasury New York City Paris Bank of England London Russia Laplata Eres Stock Exchange Berlin Lakehore Frankfort

Market Roundup of Agricultural Commodities and Provisions

Flour shows a rising trend while corn remains quiet and steady. Oats are quiet and cornmeal and oatmeal hold steady or fair demand. Rye, malt, hops, and several fats and meats vary little, with poultry and pork in notable demand but other meats steady. Raw and refined sugars firm to active. molasses in fair demand. potatoes and miscellaneous items largely unchanged.

London Capital Notes and Market Rates Sep 29

London money markets quote Consols at 97 16 for both money and account. Atlantic & Great Western firsts at 43, Canadian Pacific at 60, Erie at 31, Erie seconds 104, Mexican ordinary 49 5, St Paul common 69 58, New York Central 112 94, Pennsylvania 57. Money 34 23 4 per cent. Open market discount rate for short and three months bills 3 4 per cent. 2p. mar silver quoted at 43 44 6.

Ment Company William H. Parmenter State Street Atchison Orgaso Gulf, Colorado & Santa Fe Cordley & Co Central Lines Atlantic & Pacific Chicago, Burlington & Northern Chicago, Burlington & Quincy Chicago & Eastern Illinois New York Boston Union Pacific Oregon Oregon Transcontinental Chicago & Eastern Mexican Central Mexican Central Railway United States Chicago, Kansas & Western California Southern Louisville & Evansville New England D. E. Culver Contracting Company Air Line Company Port Chester Westport Conn New Haven Stephens, Cameron & Co Slayback Wheeler, Kirkner Sout Lewis, Schepp Pearsail Regal Gould Manhattan Nervy” Evans Eastern Bell Telephone Hiie Mexican West End Frenchman’s Bay Vampobello Lamson Tamarack Quincy Montana Franklin Kearsarge Brookline Boylaton Street Gis Payson Eeers San Diego Cues Waewree Bly Sullivan Seseses Eens Topeka E. Seers LYOY Cevceaye At. & Pac Cii Kan Con D. D Wis Elk H K. C K. A Lil 1Lil L. R L. Ki St. L Central N.Y Nz BE Etre Veg Nor. Pac P. D.O Kansas Sonora St. Jo G. I Boston & Maine Boston & Prov O Cal Southern Central of Mass le Do Pref.s B.& Nevess Cleve Canton Col. Sp. & Cine Ft. S Gulf Enone K.C Boss Vy. L. BR L. KE Maine Central W. Y New Eng Seree Rutland Weraeee Bell Erie Eastman Se Ceee Lamson Store Ser, CO Ees Tslis Pullman Palage London Atlantic & Great Western St. Paul New York Central Pennsylvania

Print Cloth Market Cites Steady Prices in Providence

The Print Cloth Markets in Providence Rhode Island closes with prices steady at 313-16c for 64 squares spots and 3%4c for distant futures. 87-16c for 656x608. Weekly sales total 19,000 pieces with 4000 64x64s spoils at 3 18-16c, 1000 64x60s spots at 3 18-16c less 1 per cent, and 14,000 64x64s January February March delivery at 3%4c. Manufacturer stock: 7000 pieces 64 squares and 2000 pieces 566x608.

Providence R I Manuufacturers

London Wool Sales Attend Large Wool Auction

At the London wool sales on September 29 a large attendance bought freely. Total offerings reached 12,117 bales with few withdrawals. Detailed prices cover Victoria New South Wales South Australia Vasmania New Zealand Cape of Good Hope Natal Spain and Italy wool grades and quantities with varied rates in shillings pence and decimal fractions.

London Victoria New South Wales South Australia Vasmania New Zealand Cape of Good Hope Natal

Flour and Grain Receipts Reported for Week

Flour and grain activity shows last week’s receipts totaling 48 098 barrels and 36 463 sacks with 144 half units recorded. The figures indicate steady throughput across flour supplies and related grain products.

Grain Receipts and Prices Across Weeks and Months

Receipts listed for grain and byproduct totals compare weekly and monthly figures with last year, detailing cottonseed meal, corn, wheat, oats, rye, millseed, oatmeal, cornmeal, barley, malt, and hops. Market notes indicate strong demand, higher prices, and wide regional quotations across New York, Chicago, Detroit, Milwaukee, St Louis, and Minneapolis with specific no 2 yellow and white corn, various wheat classes, oats and rye prices, and miller activity.

Minneapolis Minnesota Michigan Canada New York City Mills Chicago St Louis Detroit Chicaro Toledo Milwaukee Bush Northern Peoria State Graham Choice

Receipts for the Week by Item and Quantity

The records list weekly receipts including butter 19 701 pkgs and 590 boxes, oleo 2770 pkgs, cheese 870 boxes, tess es 74 boxes 43 bbls and 93v6 cases, beans 1983 bbls, potatoes 62 cars 6231 bush May 232 cars, straw 11 cars, poultry 407 pkgs, sweet potatoes 10 091 bbls. For the same

Serene Enereres Haris Ugicos

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