Money Market Quiet with Underscored Strength Signals
The Boston money market remains quiet yet shows underlying strength likely to push rates higher soon. Banks are charging 5 to 5 1/2 percent, with outside paper at 5 to 7 percent. New York funds discounted at 5410¢, and government securities firm with various 4s and 3s quoted. The stock market steadies with Bonds and large sales led by Atchison and California Southern, while Union Pacific hints at a possible year dividend. long-term loans and lease talks drive recent activity.
MENTIONED IN THIS ARTICLE
Boston
New York
Treasury Department
Crocker-Woolworth National Bank of
San Francisco
Cal
Capital
Ralph C. Woolworth
William H. Crocker
First National Bank of
Atchison
Atlantic & Pacific
California Southern
Central Massachusetts
Cincinnati
Sandusky & Cleveland
Weiner
Venner
Chicago
Burlington & Quincey
Chicago, Burlington & Northern
Chicago & West Michigan
Wisconsin Central
Marquette, Houghton & Ontonagon
Atlantic Pacific
Southern Pacific
Cincinnati, Sandusky
Cleveland
Corbin
Corbin Clique
Farlow
Indiana, Bloomington & Western
Sandusky
Messrs. Maxwell & Graves
Sandusky Company
Union Pacific
Adams
Thurman
Cleveland & Canton
Little Rock
Boston & Lowell
Massachusetts
Jefferson
Ware
Maine Central
Northern
South Boston
Charles River
Middlesex
Boston Stock Exchange sales at Brokers' Board Sept 16
On the first board from 10 to 10 30 am sales include Mexican Central 4s at 15,000 and 5 Am Bell Telephone. Atchison Topeka & Santa Fe, Central of Mass, Union Pacific, New York & New England among others showing varied prices. 10 30 am to noon listings include Cal South 5s, Mexican Central 4s and 7s, Oregon Short Line 6s, and miscellaneous mining and railroad securities with multiple lot sizes and underscoring market breadth.
MENTIONED IN THIS ARTICLE
Imyp
New York
New England
Sonora
Loueville & Evansville
Chicago, Kansas & Western
Chicago, Burlington & Northern
Pacific
Bell Telephone
Sale
Atchison, Topeka & Santa Re R
Union Pacific RR
Wisconsin Central
Western Union
California
K. C
Civil & Spr
Mexican Central
Mexican Central Inc
Eeea
Bae
Cal & Hecla
Osceola Mining
Atchison, Topeka & San. Fe
Adams. Express
Oregon Navigation
Alton & Terre Aute
Oregon Trans
American Express
Oregon Im. CO
Boston Air Line
Pacific Mail
Seerage Central
Central Pacific
Chesapeake & Ohio
St. Richmond
Ichmond & W
Rochester & PP
Chicago & Aston
Rock Island
St. L
San &F
Cleveland & C
St. P
M. & A. Consolidated C ‘Onl
Faunl & Omaha
Delaware
Fort Wayne
Houston & Tenas
Wells, Fargo
Hillness Central
Vuit Valley
Indiana
Kansas & Texas
S. Os
Lake Erie & Western
Lake
Louisville & Nash
Condon
Louis
Pacific Os
Shee
Cel
Manhattan Beach
Manhattan
C. Pacific
Membuhis & C
RE. G
Michigan Central
Milwaukee,Ls
Tohbile
Ohio
Heuyer
Iis
Morris & Essex
Northern Pac
Nashville & Ones OG
Norfolk
Western
Northern “Pacific
Northwest
Erere
Neer Central
S. Pacific
Ok & St
Texas Packie
R.G
Mississippi
West Shore
Ohrio & Western
Dividend Declarations From Three Firms This Quarter
The Connecticut River Railroad declares a 2 percent quarterly dividend. Pornestoke Mining announces a regular August dividend of 40 cents per share. American District Telegraph declares a 1 percent quarterly dividend payable October 1 to stockholders of record September 20.
MENTIONED IN THIS ARTICLE
Connecticut River Railroad Company
Pornestoke Mining Company
American District Telegraph Company
Financial market closes firm with coal stocks leading gains
New York trading subdued after 2:15 with small advances across the list. Coal stocks stood out as the day’s features while the market ended firm at the day’s best levels. final transactions totaled 266,923 shares with Reading and Jersey Central among notable late strength.
MENTIONED IN THIS ARTICLE
New York
Joan
Sterling Exchange
Delaware & Hudson 'S
Susquehanna & Western
Cincinnati
Indianapolis
St. Louis
Chicago
Jersey Central
Erie
Satiilo
Lake Shore & Western
Kansas Pacific
Denver
Great Western
Detroit
Marquette & Mackinack
Cleveland
Columbus
Northwestern
Galveston
Harrisburg
San Antonio
New Orleans
Canada Southern
Delaware
Delaware & Riudson
Wits
Sheen Eae Sa
Kracsne & Texas
Louisville & Nashville
Michigan Central
Missouri Pacific
Menphis
Charleston
New Jersey Central
New York Central
Dling
Worthen Pacha
Bos
Ohio & Mississippi
Ontario & Western
Bos Dbs
Pau
Ccs
St. Paul& Omaha
Oras Pacug
Oregon
Wool Receipts Show Strong Boston Market Sept 16 1886
Boston wool market reports strong demand with domestic fleece prices steady to higher. Receipts for week ending Sept 16 total 6,951 bales domestic and 162 bales foreign, versus 12,3877 domestic and 664 foreign last year. sales 4,088,000 lbs domestic and 1,055,000 lbs foreign. Noted firm Ohio and Michigan fleeces, active territory wools, and steady California Texas classes. Prices per various grades listed. imports to New York show mixed sentiment amid ongoing seller advantage.
MENTIONED IN THIS ARTICLE
Boston
Wooel
Ohio
Pennsylvania
Michigan
California
Texas
New York
Seaboard
Louisville
Kentucky
Cincinnati
Mibrings
New Zealand
Western Australia
Ace
Canada
Teevisee
Delaine
Uae
Montana
Wyoming
Kansas
Nebraska
Avon
Zee
Sacuecsoo
Picwrac
California Southern
Defectis
Oregon
Oregon Fine Valley
Gage
Geena
Cape of Good Hope
Uives
Montevideo
Ceaus
Ste Michigan
Southern
California mining stocks close in San Francisco
The San Francisco Sentinal reports the official closing prices for mining stocks today with figures for Alfa, Belcher, Con Cal and Va, Rest and Belcher, Savage, Eureka Con and others, showing modest gains and declines across listed names.
MENTIONED IN THIS ARTICLE
San Francisco
Sent
Alfa Oo
Orcross
Rest & Belcher
BOVE
Cal
Savage
Eureka
London Stock Prices Report Sept 16
London market midday quotes show Consols at 100 percent United States bonds at 442 118 with Atlantic and Great Western at 52 Canadian Pacific at 693s Erie at 347 Illinois Central at 13054 Mexican ordinary at 48 St Paul common at 9973 New York Central at 11555 Pennsylvania at 603 Reading at 15.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Westerniists
Canadian Pacific
Erie
Ilinois Central
St. Paul
New York Central
Pennsylvania
Reading
Business Troubles Across Several Firms and Individuals
A series of insolvency notices and financial troubles are reported. F A Dearborn of Newton faces $80,000 in liabilities backed by a mortgage on personal property, tied to West Virginia’s Black Band Iron and Coal and Nichols Farnsworth. creditors are urged to consider indulgence as some debts total $22,000 on his paper. Other listed borrowers include Edward Osier of Manchester and Naves, George R. Skillman in Baltimore urging creditor leniency to pay in full, Chamberlain and Rich in Pittsfield facing attachment, Deborah L. Cutler set for voluntary insolvency, and Stinson Rutherford of Gouverneur plus George L. Gary of Petersburg assigned assets. Multiple bankruptcy or admission actions noted in Boston and surrounding areas, with Allen C. Cobb of Lynn and William Litchfield’s case mentioned as potentially dismissed. The pattern shows widespread insolvency activity among merchants and tradespeople.
MENTIONED IN THIS ARTICLE
F. A. Dearborn
Newton
Black Band Iron and Coal Company
West Virginia
E. M. Farnsworth
Nichols & Farnsworth
R. F. M. Atwood
Pelham
Boston
Edward Osier
Carpenter
Manchester
Na Ees
George R. Skillman
Cracker Baker
Baltimore
Chamberlain & Rich
Pittsfield
Deborah L. Cutler
E. P. Cutler & Co
Oliver Street
Stinson & Rutherford
Gouverneur
N. Y
George L. Gary
Crockery
Petersburg
Market Summary Breads and dairy stay firm amid steady demand
Flour dull and unchanged and corn quiet with oats steady. There is good demand for butter and eggs with cheese very firm. Peaches sell well while apples are dull. Rye flour light demand. beans, seeds, peppers not listed. Potatoes quiet. sugars steady. molasses quiet. tallow firm. Poultry and game steady. Truck dull.
Cure for catarrh offer renewed for $500 reward
The former Dr Sage remedy proprietor offered $500 for an uncured catarrh. Present proprietors renew the reward and promote the remedy along with Pouche and related appliances. They claim no catarrh patient is beyond cure and that any failure earns the $500.
MENTIONED IN THIS ARTICLE
Dr. Sage
Market Reports September 16 Flour and Grain Prices
Market reports show dull flour, abundant corn, steady oats with limited sales. Week’s inspections list red and white winter wheats, spring wheats, various oats grades, and mixed corn. Quotations include flour types from Minnesota and New York mills, cornmeal and rye values, and millfeed ranges for bulk spring and winter wheat conditions.
MENTIONED IN THIS ARTICLE
Minnesota Bakers
New York Roller
Michigan Stone
Canada
New York
Butter and Cheese Markets Hold Firm Across Regions
Fair demand for Western creamery receipts keeps extras at 24c while Nextrs fine pods move around 20c. Northern creamery sales are light at 25c with some 26c extras. Western imitation creamery and June ladle-packed stay steady as cheese stays very strong. New York butter firm with State creamery at 28 25c and State dairy at 15 22c. Chicago reports strong butter market with Western continued strength.
MENTIONED IN THIS ARTICLE
New York
Chicago
Western
Market notes on apple excess and varied fruit prices
An oversupply of apples depresses sales while pears remain light in supply at 175 dollars per bushel for top Bartletts. Other fruits sell between 1 and 2 dollars per unit, peaches bring up to 150 cents with some 175 cent lots, grapes at 34 cents, and plums mix 75 cents for ripe varieties and 40 to 55 cents for other batches. Damson and eating fruit prices also listed for six-quart baskets and crates.
MENTIONED IN THIS ARTICLE
Calumet & Heela
Franklin
Quincy M
Lamson
Calumet & Hecela
Herald
Calumet & Hecla
Calumet & Hecla Company
Pork and lard demand boosts prices for many cuts
Fresh meats show strength in pork and lard while beef remains dull with slow sales. Prices vary across long cuts, short cuts, backs, and various hams and tongues. Lard, ribs, sausage, and other items list per barrel, pail, and pound, reflecting strong demand for pork products and steady to mixed beef pricing.
MENTIONED IN THIS ARTICLE
WyaTsac
Llaisec
Brighton
Buese
Worcester County
Cotton and sugar markets show steady tone in early trading
The market remains quiet with unchanged cotton prices for Mid uplands and Gulf. Liverpool futures open and close mixed across months, spot market firm with 12,000 bales sold. New York and dull futures. Sugar steady with no sales. refined sugars firm with varied grain line prices. Molasses steady on cargo quotes. pipe line certificates close and reopen with slight changes.
MENTIONED IN THIS ARTICLE
Uplands
Gulf
Liverpool
Orleans
New York
Csc
Ccck
Met Bak Fan
ORD
Manila
Doijloa
Porto Rico
Cuba
Unclear Historical Oil Trade Figures with Dates
Fragmentary OCR shows ship shipments and crude crude oil equivalents with percentages and dates Sept 16 1850 Sept 18. Transactions list refined oil at 64 cents per gallon and various totals 98 588 106 819 47 350 40 178 70 165 69 115 36 563 41 485.
The Coal Trade Fortunes in Anthracite Markets
The coal trade shows a fair mood with cautious output for October and a continued demand in anthracite. Prices firm but shy of the list, with strong activity in New York port sales and bullish signals from Chicago and interior ports. Lehigh coal remains scarce and labor uncertainty tightens orders. Shipments and tonnage for the week and year show declines versus last year, while expectations point to steadier three-month activity.
MENTIONED IN THIS ARTICLE
Benge
New York
Lehigh
Boston
Philadelphia
Chicago
Buffalo
P. R. KR
Hogs and Cattle Market Reports From Chicago and Kansas City
Chicago market notes show hog prices about five cents lower with receipts around 25 000. Light hogs and mixed packers sold near four dollars, heavy shippers near four dollars fifty. Cattle receipts around one hundred with market quiet. Dry salted long clear about seven sixty five, short rib around seven thirty, green hams steady near five dollars. Kansas City reports hogs and receipts with estimated totals around six thousand and shipments about twelve hundred forty one.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
GOGO
Markets by Telegraph. Sept 16 price snapshots across grain trade
New York reports heavy flour receipts and varying No 2 and winter wheat prices with city milk and superfine and other grades listed. Chicago and Milwaukee show mixed wheat and corn futures, with rye, barley, oats, and butter or cheese prices noted. Other hubs like Minneapolis Toledo St Louis Detroit add further bid and bid/ask ranges, with receipts and shipments tallied for grains and pork.
MENTIONED IN THIS ARTICLE
New York
Minnesota
Southern
Chicago
Milwaukee
Corp Lower
Rio
Western Steam
South America
Liverpool
Steedy
Minneapolis
Toledo
ST. Louis
Snvu
Ianis
aiBloc
Ribis
Hipmenta
Detroit
Mich
Michigan
Cotton markets across ports show firm to steady tones
Net receipts and sales figures from Augusta to New York depict varied activity. Several ports report firm mid prices with strong exports to Britain and the continent, while others show steady markets and stock levels indicating cautious demand.
MENTIONED IN THIS ARTICLE
Augusta
Galveston
Mid Ve
New Orleans
Mobile
Memphis
Savannah
Charleston
Wilmington
Norfolk
Philadelphia
Baltimore
New York
Great Britain
Cincinnati
St. Louis
Louisville
Cattle and hog markets mixed with steady Texans in Chicago
Cattle receipts about 90 000 with shipments 30 00 weaker prices for steers and stockers while hogs 23 000 receipts and 3 000 shipments lower with rough and mixed values. Western and Texan sales noted. Cincinnati pork and lard markets show pork lower at 10 50 and lard easier at 69.0.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
Also Mentioned on This Page
the Herald
Bennett
Orthwestern
Lake Copper
Boston Stock Exchange
Brokers’ Board
Tbo
Central of Mass
R Do
Cin
Sandusky & Cleve
Spr
Mem
N. England
R. R
Oie E
Ata
Owe Do Antral Massachusetts RR
Central of Massachusetts
Pref
San
Cleveland R
Roe Lissess
California Southern RR
Maine
Este
England
New End
Eeee
Aleor
Gland
Waco
Erne
Old Colony
Ao Ee
Qatantic
Pacis
Tonie
Vsrera
Omer
Colorado Coal
North Belle Isle
Ontario
Hale & Norcross
Dogiel
Bulwer
Mining & Tocks
QL Vener & CO
Congress Street
Foote
Congress ST
Northern Pacific
R. R. Co
Northern Pacific R. R. Co
iSsa
St. Joseph & Grand Island
Walter B. Adams
EP. Merritt
WM. Blodget
Wee
Brever
Wil
Commission Merchants
American Bell Telephone
Wilson W. Fay & Co
State Street
Elec
Light
Eastman
Esc
Aes Wien
OMSL
NEW York Financial
Ieee
Deis Andes Aec
Australia
N.S. Wales
Tasmania
Victoria
Eastern Creamery
Vermont Creamery
East
New Hampshire
Vermont
Nova Scotia
Island
Timothy
North
Red Top
West
Jersey
Swale
New Brunswick
Houlton Hebrons
Hebrons
Burbanks
Virginia
Coal Trade
Telegraph