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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Sep 05, 1889

Page

6

Money Market Steady Amid Broad Brisk Trading

The Boston money market remains steady with loanable funds in fair demand and minor moves in discount rates. Clearing House rate holds at 2 1/2 percent while general market loans range 4 to 6 percent. call loans with collateral 3 to 4 1/2 percent. Treasury and exchange activity shows gains in New York and Chicago markets, with stock movements in Atchison, Boston & Albany, and various western rails. Local bonds and real estate activity note Beesten selling in New York and rising bids in Concord Montreal stock.

Boston New York New York Clearing House Lynn Kidder, Peabody

Market Summary from Boston and New York Exchanges

The Boston and New York exchanges opened with mixed gains and losses as common stocks showed early strength then eased under selling pressure. Coal stocks led late movement with Delaware & Hudson and Lackawanna turning up while Vanderbilts provided some counterweight to the downtrend. Bond quotes remained largely firm with selective advances in several railroad and utility issues.

Louisville & Nashville Delaware & Hudson and Lackawanna Vanderbilts Northwestern Sinking Fund The Sinking Fund Chicago St Louis

Option Markets Report Wheat Quiet, Prices Steady Amid Weather

The Chicago option markets show December wheat around 79 cents with a quiet session and light receipts. Bearish sentiment is tempered by rain forecasts, with Duluth and Minneapolis receipts hinting at lower prices if rain persists. Corn turns firmer after a cold wave forecast while hogs and oats show mixed moves. futures close with cautious tone and weather as the chief influence.

Chicago Gilman, Cheney & Co Boston Duluth Minneapolis Seaboard St. Joseph Signal Service

Dividend notices from Acushnet and Weetamoe Mills

Acushnet Mill Company of New Bedford declares quarterly dividend of $2 per share. The Weetamoe Mill in Fall River issues a dividend of 2 percent.

Acushnet Mill Company New Bedford Weetamoe Mill of Fall River

New York Financial Market Summary September 4

New York money on call easy at 3 and 3. Prime mercantile paper 5 7. Bar silver 92 42. Sterling steady with sixty day bills at 4.844 and demand 4.87 percent. Government and railroad bonds dull. Northern Pacific preferred slid to 77 46 and later to 74 42 with a mixed stock list. Colorado Coal led gains while many issues softened. overall last hour quiet with activity from selling pressure.

New York Prime Mercantile Sterling Exchange Northern Pacific Preferred Missouri Pacific Colorado Oregon

Foreign Financial Reports From London Markets

London market notes dated Sept 4 show Consols at 96 13-16 for money and 97 3-16 for account. Prices listed for Atlantic & Great Western, St Paul, New York Central, Pennsylvania, Mexican Central, Canadian Pacific, and others. Discount rate 3.5 percent. bullion balance in Bank of England stands at £7000.

London Atlantic & Great Western St. Paul Common New York Central Pennsylvania Mexican Central News Canadian Pacific Paris Reading Bank of England

Boot and Shoe Buyers In Town Show Midwest And East Faces

A survey lists buyers from Augusta to New York and beyond, naming firms and representatives such as Mulherin Rice Co Augusta J A Lawrence Lawrence Berry O X G Chicago T W Barhydt Tre Binghamton, Rich & Robinson Chicago Fuller's Sons Co Cincinnati Doggett Bassett Hills Childs Groff G W Cady Belknap Carpenter Oy Cumberland S Edwards Amily Jacksonville Ritzeweller Ad Crue City Sidwell Kendall B S Craw Lonake Daniel Marshall Nathan Ala Montagne Greacen Norfolk Branat Pittsburg Scott Portsmouth Sennett Sandusky Geitleman Gardner Savannah Tuberdy Meyer Peters Miller Shoe Co McFarlane Smith Simmons Titusville Bendheim and others in a broad list of shoe buyers and firms.

Cincinnati Runkel I Fuller’s Sons & Co Cleveland Childs of Childs Groff & Co W Cady Cady & Co Belknap Carpenter & Oy Cumberland Ind J Edwards Amily Jacksonville Sandusky Geitleman Geitleman & Home Gardner Savannah

Market Report Keeps Prices Steady Across Commodities

Leather and hides show quiet to steady movement while boots and shoes hold firm. Flour steady, corn easier, oats quiet, rye and Graham flour quiet. Eggs firm, pork and poultry weak, beef steady to firm. Fruits steady with oranges firm, lemons and bananas unchanged. Hogs quiet, mutton easier, lambs and veals firm. molasses nominal.

Fall River Market Quotes Fall Amid Sluggish Trade

Fall River on September 4 reports continued decline in the print cloth market with quotations slipping to 3 4 cents, down 4 percent, and scant business activity observed across traders and fabric houses.

Fall River

Foreign wool sales at Antwerp report steady demand

At the Antwerp wool sale on September 4 there was little price movement. Daily good business occurred in better grades, with limited declines in inferior lots. A total of 1800 bales were offered including 519 from Buenos Ayres at 85 170 francs and 214 from Montevideo at 200 215 rancs.

Antwerp Buenos Ayres Frances Montevideo

Leather Market Shows Steady Demand and Firm Prices

Trading in leather remains steady with strong demand in cheaper hemlock sole leather and improved activity in finished upper leather. Exporters slow, but domestic orders keep stocks in check as English and Continental buyers may resume later. prices for various leather grades hold firm with limited supply.

Buenos Ayres Montevideo California Card Leither

CITY HORSE MARKET SHOWS SLIG HT MARKET IMPROVEMENT

Market shadows show some improvement from the past weeks with Western arrivals light and auction rooms not crowded with second hand stock. Altsburgh & Co reports 75 head sold Saturday with prices mainly near $40 to $200. Sales at Walker's Bazaar total 65 head for the week, quicker movement and higher ranges, general run about $40 to $200. Other houses report mixed results with some gains in demand but no standout stock. International Market quiet but outlook fair for late month. Auction sales total about $100 to $2000.

Altsburgh & Co Walker’s Bazaar Moses Colman & Son Combination Sale E Ham & Co CH & E Snow Welch & Hall J F Drew

Leather Trade Sees Steady Demand and Firmer Prices

The Leather Trade reports no excitement last week yet steady activity with fair prices for wax and kip and brogan leather. Dealers' stock is strongest in desirable grades, while accumulations linger in the undesirable class. Manufacturers are purchasing large quantities to meet extensive present needs.

The Boot and Shoe Trade Sees Busy Fall Orders

Trade in boots and shoes shows satisfactory conditions with rising duplicate fall orders and strong demand for early shipment. Manufacturers limited on prompt-ship capacity, no need for new business. Spring trade early with active sample market. West and South report favorable crops and trade, larger movement expected, collections likely easy.

Bars Congress

Hide Market Sees Little Change Across Hides

Market reports weak demand for both foreign and domestic hides. Western wet salted prices range to 54 5%4c per unit, seconds and B’s held around 414 414ec, southern dry hides quiet at 7 to 8e, green salted slow at 34 2 4%ec, with tanners limiting purchases to immediate needs. In New England, activity remains quiet with no significant moves.

New England

India Rubber Market Firms as Demand Surges

The India rubber market is firmer and higher with demand exceeding last week. Stocks are depleted as manufacturers rush to secure holdings, with weekly sales at 61 42 to 62c and up to 63 64c from store. New course quoted at 88 39c and old at 45 46c. primary sources report favorable, firm markets.

India

FLOUR AND GRAIN PRICES AND CARGO INSPECTIONS

The report lists carload grain records and flour receipts with 51 inspected cars across mixed wheats and corns, oats, and new grades. Flour receipts today total 8246 barrels and 7695 sacks, with a quiet steady market and moderate demand. spring patents slow but prices hold.

Minnesota Wiscon

Chauncy Hall School Catalogue Out Now At Local Firms

The sixty first annual Chauncy Hall School catalogue is available free from T Groom & Co W B Clarke & Co and Dawrell & Upham or at No 259 Boylston Street. Schoolhouse open daily 9 to 4. Export price lists for Canada and New York flour and corn product markets show active demand and fluctuating receipts. Market notes cover wheat rye oats corn and related commodities with varied regional quotations and shipment data.

Chauncy Hall School Messrs. T. Groom & Co W. B. Clarke & Co Dawrell & Upham Boylston Street Sin Minnesota Canada New York Chicago St Louis State

Market receipts show steady demand for finest cream eries

Daily receipts list butter 5172 tubs 998 boxes oleo 692 pkgs cheese 1412 boxes eggs 15 bbls 1119 cases beans 10 bbls potatoes 28 cars sweet potatoes 1082 bbls hay 40 cars straw 4 cars. Last year butter 5849 tubs 352 boxes oleo 138 pkgs cheese 36 boxes eggs 2 boxes 5 bbls 2314 cases beans 25 bbls potatoes 10 cars sweet potatoes 4160 bbls hay 21 cars straw 1 car. Market not materially changed trade quiet prices firm demand for finest creameries good and large enough to sustain.

Also Mentioned on This Page

St. Louis San Francisco Telegraph New Orleans Charleston Reichsmarks Bank of Germany Wall Street Northern Pacific S. &. Ward Messrs. Hornblower & Weeks Atchison Beesten New York Tribune Bears Boston Woods Chicago, Burlington & Quincy Chicago, Burlington & Northern Mexican Central Oregon Short Line Union Patitte St. Paul Oregon Railway & Navigation Portland Dalles West Michigan Detroit, Lansing & Northern Denver & Rio Grande Western Railway Company Trust Wisconsin Central California Southern Eastern Railroad Boston & Albany New York & New Kngdon New Hampshire Concord Montreal New Concord Railroad Summit Branch Erie Vme West End West Ind Street Railway Company Frenchman’s Bay San Diego Dole & Flint Dole San Diego Land & Town Lot Company Boston & Montana Mining Lhe Houghton Mich Boston News Bureau Calumet Atlantic Allouez Quincy National Tube Works Board of Directors Blake Brothers & Co State Street City of Worcester Waltham Malden Pawtucket City of Detroit City of St City of Boston City of Worcester City of Waltham City of Pawtucket City of Maiden Nassau Street Boston Stock Exchange Miscellaneous Stock Exchange NEW York Stock Sales Railroads N. W Literieveio D&k.g Kk. G. W Sab Eas Roe Sts Po & P St. P C P. Kan. P Pe & M TP. G Tex. P. L. G VOX N.P U. Pac W. Shore Best& Belcher Jonario Boichgy Occidental Cal. L. Ae Ep GE Rowri Sea Quicksilver Cal Coal Pref. Sree Crown Point Tamarack Por Union N. Y N. Ei Nor Do P. D'O L. C. Con Pued. & A. V Rutland Sonora St. Jo & G. St Union Pacific Inc Atch., Top. & S. Pi Atlantic & Pacific Ecess Boston & Loweeee Enere Boston & Maine Boston & Kow Southern Eter Central of Mass Ererreee Cleve Canton Ceerere Fitchburg Wees Flint & P.M. Com KR. C Ft. & Gui K. C LR & LS L. E Ieee Agia Es Bell Bell Tel Lamson Store Ser. Co T Fe Pullman Palace Car Co Eobeees Chi West Mich Cotton Oil Trust Eastern Pneumatic Pool Co Pet Burton Stock Car Co T. N.Y N. i Boston & Liverpool Co Ogs. & L. Chain Ee Illinois Steel Co Lynn & Boston Railroad Lyn Gas & Electric Co Erie Tel Am. Bell PeRenona Mt. Desert & Bust Malden Electric Co Brookline Land New York Des Sullivan Harbor Kos Mont Huron Mining Santa Fe Pac Cal Southern Stinghouse Lee Top S. Fe Winnistuimet Co Flint & Pere Mzard Bed S. E. Esas Eeeseses Atlantic & Pacific Inc Chang & Weost Ft. 8 Cent Ist Inc N.Y & Me Pueblo & Ark. Vial Aiu Bell Telephone Erie Telephone Diego West End Land Bos. & Mont Bos. & Mont, (Cooper) . 260 834% 34 Cal. & Hecla Ees Vas Missouri Kan Lely Old Colony Sc.s Wis Edison Phone Houst Westinghouse Arnold Bonanza Devel Butte & Boston Heela Catalpa Huron Aspinwall Wee Ee Boothbay Wal .i Brookline Caimpobeilo East Bo Prentiss Payson Penobscot Santiego Sullivan Winthrop Wollaston Lst B. & Seae de Giese C. & W. Mich Bul. Con. Vt D. D de Wis Wilson W. Fay & Co Boston Water Power Lo Aw Elec Mfg Reey Ae A Shawmut Bank Senatyes Freeman's Bank Eee Senee Alo State Bank Cannes Sfanafactersre’ Bank Ceve Hide & Leather Bank Market Bank Ee First Bank Manu Eeewiee Merrimack Manuf OOS Naumkoag Steam Cotton Dis Hill Manuf Hamilton MM Jackson Manus Sa Seetacesacees Arlington Mills Eree Lowell Leichery West End Street Cheshire Bos Con Worcester, Nashua & Rochester St. Johnsbury & Lake Cham Manchester Boston Rowboat OO Tizuib Boston Woven Hose Co Fort Payne Coal : Iron Co. Ee American Rapid Trisaraph Eahee Farmers’ Loan & Trust Co. of Boston Electric Light Co Winnisimmet Co National Lube Works Ae Sear Boston & Maine RR Old Colony RR Ing Alt T. H Pacific Ome B & Air L Roch Bio. Pacific C.C.C Stile Central Pacific Ches. & Olio Chiw& Altona Los O C de & H del. & B Den Ory Fort Wayne Hocking Val Houston & Texas Tu. Central Goo Louis No A Leach St. L Racinie Ohio Essex Nash Hat J. Cent Toy Northwestern St. Li Oregon S. Line Hittsburg Rock Island Koine W.&o Los St. P & M Was & P Il W.& L. Bie Oregon Inn Pacific Mail Pullman W. Union American Oil Tenn. C. & I Sugar Trust Ine Farnum, Reardon & Co Isles Wheatin NEW York Financial Augusta Mulherin Rice & Co Lawrence Lawrence, Berry & O Barhydt Barhydt & Co Tre Binghamton M Brown Taster & Co Bradford Penn -S Rich Rich & Robinson H Hills Doggett, Bassett & Hillsea John E. Welsh General Markets Northwestern Land Co Minn WW. B. Clark Investment Co Minneapolis, Minn Summer St Biase Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew John Jeffries & Sons Devonshire Street Barney
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