Money Market and Exchange Report August 31 1889 Boston and New York
The Money Market closes steady with call loans 4 to 6 percent and mercantile paper at 5 to 6 percent. Bank reserves rise in New York by 2.49 million, with bonds offerings totaling 106,200 and a yearlong Treasury purchase saving about 42.9 million. Imports and exports of specie and heavy weekly exchange data are reported. stock market shows mixed gains and a Monday holiday.
MENTIONED IN THIS ARTICLE
Boston
Corporation
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
New York City
Treasury Department
Frances
City of
Detroit
Messrs. W. W. Harris & Co
London Telegraph
Madrid
Vienna
Paris
Bank of France
Imperial Bank of Germany
London
Berlin
Stock Exchange
Brokers’ Board
South, Inc
W. Vv
R. of
Reveer Revere
Cent. Ist Inc
N. Mex
S. Pac
South Kansas
Bell
Erie
West End Land
Bos
Mont
Tamarack
Albany
Boston & Lowell
Cal Souther
Cleve
Canton
O B
Cin
San
Union Pacific
West End
Westinghouse
First Mortgage Secured by Denver Railway Bonds
First Mortgage secured by all property of the Denver City Railway Company operating horse power on fifteen car lines over 50 miles of track. Bonds also secured by a first mortgage of the Denver City Cable Railway Co with 914 miles of double cable tracks, power house and equipment. Particulars on application. Price par and accrued interest.
MENTIONED IN THIS ARTICLE
Denver City Railway Company
Denver City Cable Railway Co
Wanted investor for safe enterprise profits in six months
An advertisement from the Boston Post seeks a party willing to loan or invest 5000 for a perfectly safe enterprise with security for the money and interest. It promises a 100 percent profit within six months and invites full particulars at an interview with a responsible party.
MENTIONED IN THIS ARTICLE
Boston Post
New York Financial Summary Shows Mixed Bond and Stock Activity
Money on call remained easy with no loans and closings at 3 percent. Prime mercantile paper improved modestly, while bills at 60 to 90 days quoted around 5.54 and four months at 5.42 6. Sterling exchange steady, government and railroad bonds dull but firm. The stock market opened fairly active and firm with several leaders advancing, Northern Pacific preferred peaking near 75 before slight pullbacks.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
St. Paul
Northern Pacific
Atchison
Foreign Financial Reports from London Markets
London reports show Consols at 97 13 16 for money and 98 1 16 for account. Atlantic and Great Western firsts at 33 1 4 percent, Canadian Pacific 64 1 2, Erie 29, Reading 23 5 8, New York Central 110, Pennsylvania 54, St Paul 74 3 4, Illinois Central 120, Mexican ordinary 57 44, bar silver 42 1 2. Discount rates: open market 3 56 percent for short and three months.
MENTIONED IN THIS ARTICLE
New York
Wee
Philadelphia
Chicago
Louis
San Francisco
New Orleans
Baltimore
Cincinnati
Pittsburg
Kansas City
Louisville
Providence
Milwaukee
Detroit Eennee
Omaha
St. Paul
Minneapolis
Cleveland
Merphiis
Eee
Denver Steerer
Richmond
Columbus
St. Joseph
Eodum Portianu
New Tlauven
Springfield
Wichita
Norfolk
Eowwell
Syracuse
Worcester
Des Moines
Grand Rapids
Los Angeles
Eevee
Topeka
Buffalo
Secee
E. Malsts
Birminghamon
Portland
Tacoma
Sioux City
Eere
Montreal
Can
Halifax
N.S
Boston
Cial
Allouez
Atlantic
Mont Wee
Butte & Boston
Cal
Hecla
Franklin
Nationa
Eeeererer
Saeewe
Santa Oes
Tamarack
Ise
Aspinwall
W.P. Eoaveteseer
Boylston Street
Brookling
Campobello
Lys
Saeee
Bay
Maverick
Ener
Uly Export
E. Eee Sree
Lamoine
Payson
Penobscot Eee
San Diego
Sullivan
Topeka West End
Ives
Wollaston
Winthrop
Aeaer
Atchison
L. G
At. & Pac
Hye Chi. Kan. & W
Gy & W. ‘Mich
Sol Con
D. D
de Wis
K.C
Ft. 8
Uu Ae
Lols E. & St. L
Central
N.Y
Nor. Pac
P. D'O
Oregon
L. C. Con
Pueb. & A. V
Rutland
Do Inc
Sonora
Serene
St.Jo& Gl
Union Pacific
Atch
Tap
Irsael
Boston & Albany
Boston & Lowel Wee
Boston & Maine
Boston & Lov
Cal. Southern
Central of Mass
Boaveianka Il de Pref
Ars
Cleve
Anton
Enees
Fitchburg
L. E. St
Sunike
West End
Bey
Wisconsin
Centra Blissssersneece
Bell
Erie Peeee
Eastman Car Haater
Lamson Store Ser. Co
Pullman Palace Car Co
Aim
Cotton Oil Trust
Ban
Pneumatic Tool Co
Barton Stock Car Co
Boston & Liverpool Co
Elec
Wel Welding
Steellino Steel Co
Lynn & Boston Railr
Thomson MiNec. Walding
Winnisimimet Co
Westinghouse Elec. Co
Rere
London
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Central
St. Paul Common
New_York Central
Pennsylvania
Reading
Business Troubles Touch Boston and New York Firms
Horace 8 Shepard treasurer of Shepard & Morse Lumber Co assigns to Oscar A. Marden and Howard D. Nash. Liabilities around 100000 with light assets. Failures tied to Shepard using his name on notes for Alfred A. Marcus & Son. Shepard resides in Sharon. Bentley-Knight Electric Railway Co seeks creditor compromise at 66 24 cents on the dollar. sold to Thomson Houston Co. Noted liabilities uncertain. Nottingham Mill in Providence attached for 5000 by Riley & Gray of Boston for machinery imports. Robert W. Blackwell is president.
MENTIONED IN THIS ARTICLE
Horace 8. Shepard
Shepard & Morse Lumber Company
Mason Building
Oscar A. Marden
Howard D. Nash
Boston
Shepard
Alfred A. Marcus & Son
Sharon
Bentley-Knight Electric Railway Company
Tenth Avenue
New York
Thomson-Houston Company
Bradstreet's
Robert W. Blackwell
Nottingham Mill
Providence
R.L
Riley & Gray
Woodstock Bug sales agent list to England announced
The only American agents for the sale of the English Woodstock Bugs are John H. Pray, Sons & Co. The statement names the sole U S representatives handling distribution and signals exclusivity in the market.
MENTIONED IN THIS ARTICLE
John H. Pray, Sons & Co
Manvel named president as Atchison bonds favor Barings influence
Chicago despatch outlines how Barings Bros majorly backed Atchison bonds and pushed for a leadership change. Manvel emerges as preferred manager after scrutiny by Kidder Peabody and Co., amid Strong's resignation and reshuffling across Columbus, Hocking Valley, and Toledo routes.
MENTIONED IN THIS ARTICLE
Chicago
Kidder, Peabody & Co
Manvel
Strong
The
Atchison
Baring Bros. of
London
Baring Bros
President Strong
Moses
Manitoba
Manuel
Santa Fe
Robably
Hort icultural Society awards at exhibition feature varied prizes
Massachusetts Horticultural Society distributed prizes across vegetables fruits and flowers with many awards to C N Brackett Warren Heustis & Son Samuel Hartwell and S G Damon among others. The Point of Pines season extends with Apaches show daily plus Baldwin Band concerts and Wednesday night Revere Beach illumination.
MENTIONED IN THIS ARTICLE
Horticultural Society
Massachusetts Horticultural Society
O. R. Robbins
C. B. Lancaster
B. G. Smith
C. N. Brackett
Warren Heustis & Son
E. Sheppard & Son
E. M. Gill
L. W. Goodell
William Patterson
E. Sheppard & Sor
J. W. Manning
H. B. Watt
R. &J. Farquhar & Co
Seotes S. Tuttle
E. Fewkes & Son
J. W. Goodell
A. D. Wood
C. W. Galloupe
John Parker
P. D. Richard
W. E. Coburn
Jackson Dawson
W. E. Endicott
John Frost
J. F.C. Hyde
Foundling
Warren Fenno
Gravenstein
Artemas Frost
Frost
Porter
S. G. Damon
Samuel Hartwell
C. KE. Grant
Pears—Andrews
Maryee
L. M. Chase
C. B. Smith
Boussock
N. M. Davis
Mary Langmaid
C. H. Johnson
Bartlett
Bonne d’Ezee
Charles $. Smith
Smith
Coe
Pond
Delaware
H. Brackett
William H. Hunt
Moore
Varnum Frost
Worden
August Rose
Lady
Point of Pines
Baldwin
Revere Beach
Market Summary Lays Out Quiet to Steady Commercial Sizes
Prices for commodities show mixed movement with many staples steady or dull while some items like corn and oats ease and several animal products hold firm. California fruits appear in fair supply as hogs and mutton trends ease and beef holds firm in a calm market day.
MENTIONED IN THIS ARTICLE
California
Foreign wool sales in Antwerp fair draws buyers
At Antwerp on August 31 buyers attended the wool sale with strong demand. About 2100 bales were offered with Buenos Ayres supplying 1610 bales at 75 190 francs per 100 kilos, Montevideo contributing 119 bales at 140 2065 francs.
MENTIONED IN THIS ARTICLE
Antwerp
Buenos Ayres
Montevideo
Frances
Wheat and grain futures mixed amid brisk cash demand
The Chicago market shows a slight wheat rally with December at 78% to 79 cents, while corn weakens amid heavy receipts. Provisions remain active led by pork, with wild fluctuations from market manipulation and a strong ship demand for the week. Nearby closing prices across New York, St Louis, and Minneapolis futures reflect mixed directions, with oats and lard also quoted and varied.
MENTIONED IN THIS ARTICLE
Chicago
Gilman, Cheney & Co
Boston
Dornbusch
Cable
Shippe
Farnum, Reardon & Co
Sons Uh Arate
Gyeer
PSK Eae
Fiala
Aiitais
BOTY
St Louis
Minneapolis
Market shows firm iron and steel. prices likely to rise
The metal trade reports sustained demand and firm values in iron and steel. Pig iron from Pennsylvania and the South remains strong with high consumption and large production. prices may advance in sixty days. Foreign pig iron remains costly, but domestic says prices hold. Steel products sustain active trade with firm bar, plate, pipe, and rail markets and several large orders.
MENTIONED IN THIS ARTICLE
Pennsylvania
Gray Forge
Market summary shows steady tin and related metals demand
First half sales near 1,100,000 tons with no material COP change. Tin market steady with Lake ingot 12c, Montana and Arizona 11 42c, common casting 10 ½c. London prices firm at £43 10s spot, £42 6s futures. Pig tin demand modest, spot sales five ton lots at 20 ½c and jobbing at 20 ½c. London opr £91 5s, futures £92. Tin plates firm with improving demand. Western pig lead steady with fair demand. Spelter quiet and steady at 5.10-5.15c tb.
MENTIONED IN THIS ARTICLE
Montana
Arizona
London
The Grocery Trade Dull Yet Hints of Stabilizing Sugar Market
The sugar market shows a dull week with prices drifting toward last year’s levels. Refined sugars sell around 8c per pound while raw and brown grades remain weak. coffee and certain oils stay firm. London and Singapore reports hint a steadier tone with possible future price gains as crops face drought effects.
MENTIONED IN THIS ARTICLE
Rio
New York
Europe
United States
Maracaibos
London
Singapore
Zanzibar
Amboyna
Japan
Formosa
Bus'ness
Assyria
Valencia
Alexandria
Denia
Malaga
California
America
Also Mentioned on This Page
Esas
Canada
Beacon
Atchison Stock
Burlington & Quincy
Mexican Central
Chicago, Burlington & Northern
California Southern
Wisconsin Central
New England
San Diego Water Company
Sweetwater
Boston & Montana
New York Herald
Boston Sugar Refining Company
State House
Oregon Transcontinental
Hocking Valley
ST & LM Os
Eis
Iso. P
St P
Ang
Cen. P
Ae G
Lbesso
Kan. P
Lsig
Pac. Lsts
Wr. Shore
Nav
Rent& Rescuer
MONO
Wilson W. Fay & Co
State Street
Harvard Land
Houerine
Beacon F Electric
Gray's Dynamo
Maverick Land
Don Enri
Pike Eleaa Seth
Alt
T. H
At. & Pacific
B.C. RR
C.c
del. & L
Vyig den
R. G
East Tennerat
Vis
Fort Wayne
Steel
Hocking Val
Houston
Texas
Ll.Central
Seeee
Isia
Seeees L. & Nash
Beach
le Ain
St. Ba
Mb. Tegane
Qak
Ohio
Fasex
Nash
Chat
w_J. Cent
On &S
P. Pittaburg
Rich. & al. Sees
Rock Island
St. P
O. C
U Pacific
Utica & B. R. Ee
L. & Posseeaee
Tenn. C. & I
Amer
Cattle Trust
Lead Trust
Bow
Sugar Trust
First Mortgage
Denver City
Drews
Congress &J
Foote & French
Congress Street
Boston Stock Exchange
NEW York Financial
Occidental
Feat
Hele Her
Ophir
Potosi
Con, Cal
Sierra Neva
Columbus, Hocking Valley
Toledo Road
John W. Shaw
C. Waite
Waite
Cincinnati, Hamilton & Dayton
Shaw
W. P. Shaw
W. . Cott
Wisconsin _ Central desideratum
Madison
Wis
Milwaukee, Bay View & Chicago Railway Company
Millwaukee
Milwaukee Despace
Schlessingerville
Waukesha
Manitoba Company
Washington & Idaho Railroad
Oregon Railway & Navigation Company
Washington
Ohio, Indiana & Western
Cincinnati, Sandusky & Cleveland
J. E. Carter & CO
Bankers & Commission
Washington ST
Farmes
Mortgage Trust Company
Rialto
Devonshire
F. B. Rogers
National Bank
Mortgage Bank & Investment CO
Fargo, Cak
Eastern Banking
Milk Street
Francis A. Osborn
T. Merrihew
John Jeffries & Sons
Devonshire Street
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!