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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 01, 1887

Page

6

Money Market Steady Although Rates Rise in Boston and New York

The Boston money market closed steady with call loans 5 to 6 1/4 percent and best commercial paper at 5 to 7 percent. Boston stocks rose, led by Wisconsin Central and West End Land, while New York exchanges totaled over $108 million with higher securities and a lagging balance. The month of March 1887 showed broad gains in gross exchanges locally and in New York, despite some rate tightening and anticipated stringency in investments.

Boston Time New York Sterling Exchange Bank of England Wisconsin Central West End Messrs. Adams, Blodget & Co Oregon Railway and Navigation Company Hough London Fort Scott Messrs Irving A. Evans & Co Boston Stock Exchange Atchison America Chicago, Burlington & Quincy Chicago, Burington & Quincy Railroad Company Calesburg & Rio Nebraska & Colorado Omaha & North Platte Grand Island & Wyoming Central Republican Valley & Wyoming Oxford & Kansas Republican Valley Kansas & Southwestern Chicago Nebraska & Kansas Beaver Valley Colorado Union Pacific Oregon Short Line Oregon Little Rock & Fort Smith Little Rock Iron Mountain Chicago, Burlington & Northern Oregon Transcontinental New Northern Pacific Chicago & Eastern Illinois Central New Orleans Gulf Ports Stevens Mexican Central Chicago, Kansas & Western California Southern Boston & Lowell Central Massachusetts Boston & Maine Massachusetts Wollaston Frenchman’s Bay San Diego Bell Telephone New England Erie Cordley, Young & Fuller Arkansas Senate Erie Telephone Company Minnesota Dakota Arkansas Texas Ohio Evie Telephone Company Calumet & Heela Quincy Osceola Allouez Lamson

Bank dividends announced across several institutions

National City Bank of Boston declares a 2 percent semi annual dividend. First National Bank of Malden follows with 3 percent. Brockton National Bank offers 8 percent. Home National Bank of Brockton 3 percent. Mechanics National Bank of New Bedford 4 percent. National Bank of Methuen 24 percent. Vermont and Massachusetts Railroad Company 83 per share. Woodruff Sleeping and Parlor Coach Company 149 percent quarterly. Manitoba Road quarterly dividend 142 percent, payable May 2. Transfer books close April 11 reopen May 3.

National City Bank of Boston First National Bank of Malden Brockton National Bank Home National Bank of Brockton Mechanics’ National Bank of New Bedford National Bank of Methuen Vermont & Massachusetts Railroad Company Woodrutt Sleeping and Parlor Coach Company Manitoba Road

Western market buoyed by bull movement and notable buys

Toledo, Peoria & Western and Wabash trust receipts show gains as Western investors rally with the bull faction led by Armour and associates. St Paul stock dominates early buying. Armour and Mitchell arrivals anticipated. Grand Trunk rate cut news hinted but not market disrupting. Missouri Kansas & Texas bonds seen cheap. New York sales total 318,485 shares with daily price spread.

Toledo, Peoria & Western Trust Wabash General Trust W. S. Lawson & Co St. Paul Armour Ream Nat Jones Mitchell Grand Trunk Missouri

New York Finances Reflect Muted Trading and Mixed Bonds

New York financial news from March 31 reports lighter money on call and steady sterling exchange. Government and railroad bonds show dull but firm and generally quiet activity, while the stock market climbs with St Paul, Union Pacific, Richmond & West Point, and Lackawanna leading gains. Fort Worth weakness appears late, but overall volume remains solid with a Severs movement noted.

New York Prime Mercantile Sterling Exchange St. Paul Union Pacific Richmond & West Point Lackawanna Fort Worth Iron Mountain Arkansas

Foreign Financial Markets and Bank of England bullion

In London on March 81 US 4s quoted 131 1 2, US 444s 112, Atlantic and Great Western firsts 40, Erie 35, Erie seconds 1024 2, Canadia Pacific 6444, St Paul 9344, New York Central 11544, Reading 20. Bank of England bullion balance today 30,000 pounds, weekly increase 75,000. BoE reserve to liability ratio falls from 49.55% to 48.57%. Paris weekly Bank of France gold -2,975,000 francs and silver -650,000 francs.

Central ‘Town Central Pac Ches Ohio Pereteede Ih Y Del East Tenn St. Jo Central Ereeree Teva Hust. & Tex Bradaaci Kas, & Tex L. E. See Lake Shore Long Island sys . a. PGY_ Lou N. Voldba Lou Man Beach Mar Cine Eeesee Memphis Kci Tee Easeeer Mich Sree Annette Eeee Minn Miss Pacific Nash, & Chat N. J. Cent Ae Sty Tnt Nortvrest N.Y Brood Dino Antral West Oregon Isis Bell Telephone Oregon Trans New England Panama Erie Pittsburg Aspinwall Reading Brookline Land Boston Land Rich, & Dan San Diego Land Saek, Aire P Ate West End Teae Mytana Boston Water Power Tms Rock Island Atlantic & Pacific Eastern Railroad Mexican Central New York Texas i Pacific U. Aee Wisconsin Central Utica & I Int Atari. & Pacific Boston & Maine California Southern Tee Fet Central Mass Pacific Mail Babel Cleveland & Canton W. Canyon Ste Aeee Chic Burl & North American Oil At& Pacine Burl & Quincey Bambtseghiene Ke&e Chic & West Micapan Ara Ree Tol Cin San Cleveland Flint & Pere N. W.e O. Iowa Lamson Sear Seee Bspringfield & Mem Aspinwall Ld Ney Boston la Colinton & Springfield Boston Little Rock & Ft Beek Mary, Hough England Ween de Pref At & Pac Union Pacific U W. Shore Allouez Nee the American Wels Fargo F&pm Arnold Serene Atlantic Mex Cent Tenn Bonanza Alice Belle Isle mLia Ete Montana Amador Axe Ontario Ny&ne Calumet & Heeln Plymouth Queksilver Franklin Terra Santiago Cristo Trenton Osceola Lai Stanislaus K & Wine Cal I Ev & St L Wilson W. Fay & Co San Francisco Best & Belcher Plese M& Ib Savage Kansas Crown Point Sierra Nevada Gould & Curry Hale & Norcross Ae Ag Dankin Este Brie Boylston St Ld Hiertoston Frenchman's Bay West End Land T&s Fe A & Pac Stee B&a Eeee B& M B&q F&p M Lf& S Cy NY &Ne Ogd & Lake Champ Pullman TTD Ceeseensas Gol Sete Ao Rer Ween Ee San Biego A& Pinc B& N London United States Great Western Canadia Pacific St. Paul New York Central Bank of England Paris Bank of France

Avery Street Murder and Gambling Case Heads

Police searched the No 10 Avery street gambling room for a stray bullet fired by Albrecht at Flanigan. it was recovered near an ash barrel but struck the barrel and fell away. In Superior Criminal Court, Lannahan was adjourned indefinitely while Flanigan’s case was continued pending his injuries from the attack. Monongahela Monogram whiskey is touted as pure and aged for medicinal use, from Carstairs McCall & Co Philadelphia with Horace Woodbury Boston as New England agent.

No. 10 Avery Street Albrecht Flanigan Eichhorn Superior Criminal Court David Lannahan Edward Flanigan Lannahan Fianigan New York Boston Jessrs. Carstairs, McCall & Co Philadelphia Horace Woodbury Broad Street New England

Wool and food markets show mixed firmness and decline

Market notes report sluggish wool and uncertain flour with oats and oatmeal steady. Prices for butter cheese and eggs remain firm while beef, sugar and molasses hold steady. A dense wool sales table lists weekly amounts and prices across regions, with buyers including Loum Snow and John Corden among others.

Wool Market Steady But Sluggish Amid Tariff Talks

The wool market shows no change with sluggish trade and buyers holding concessions. Domestic and foreign sales totals are reported, while debates over Donskoi wool classification persist at Treasury and naval levels regarding scoured versus washed wool and tariff implications.

Treasury Department New York Department Ohio Pennsylvania Michigan

Boston Chamber of Commerce reports first annual statistics

Through the kindness of Mr. W. H. Pearson secretary of the Boston Chamber of Commerce we have received an advance copy of their first annual report. This report is filled with valuable statistics relating to the commercial interests of Boston and Mr. Pearson deserves great credit for the accurate and readable manner in which the report is presented. It is a book that should be found in every merchant's counting room.

W. H. Pearson Boston Chamber of Commerce Boston Pearson

Also Mentioned on This Page

Kidder, Peabody & CO Devonshire St Boston, Mass Nassau St Baring Brothers & Co Europe British Provinces Devonshire Street Burlington Dake Brothers Santa FE R’'Y CO California Southern R. R. CO Atchison, Topeka & Santa Fe R. R. Co Kingman, Pratt & Western R. R. CO Wichita & Western R. R. Co Gulf, Colorado & Santa FE RR. Co H. D. Kyle New York City R’wy & Navigation Owa Falls Sioux City Rockee G. A. Venner & Cb Treet City of Providence Worcester Charlestown Lawrence Toledo Canton Miami County Bur Mts Southern Kansas Spokane & Palouse Valley Railway of Ohio ADAMS Congress Foote & French Northern Pacific R. R. Co. General Northern Pacific R. R. Co R. R. Co St. Joseph Grand Island City of Minneapolis Kansas City Portsmouth City of Cincinnati City of St. Louis Omaha Blake Brothers & CO State Street New England Mortgage Security Co M. Highest. Lowes Bell Tel Aeee Boston WP Brookline Ld Eeenee Seneee A T&s F BSA LP &S Cy Ny&nh A& Pine SF & Calls OO CO K & W Ha Sp & M Ev & St L Uae Bell Ewe Huron B& A T&l Be& Q Fitchburg Nys&ne Old Colony Wisden NEW York Financial Foreign Financial Markets S. Ve Ease Bie Providence L Pnbaurper Buffalo Edward Hale Millbury Mass Perry Brighton Kentucky Canada Delaine Iseheba Real Maine Oregon Fine Valley Oregon Medium Valley Montevideo Australian New Zealand Total Territory Blige Bush Newport News Baltiimore N. Orleans Richmond United Kingdom Michigan Stone Canada Superior Canada Western Eastern Chamber OF Commerce Report
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