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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 14, 1887

Page

6

Boston Money Market Slows Into Greater Ease Amid Gains

The Boston money market steadies toward easier rates with business paper at 6 to 6.5 percent and double named paper at 5 percent. Calls on collateral ease to 4 to 4.5 percent. Clearing balances and New York discounts listed. Atlantic & Pacific, Atchison, and Frisco stocks show volatility amid talks of Gould and rail dealings. East Boston stock rallies as new officers and stock issuances are announced.

Dividends Declared by Railroads Across Lines

The Concord Railway Company declared a five percent dividend. The Baltimore and Ohio railroad board in Baltimore announced four percent on the main stem and six percent on the Washington branch for the past six months. The Huntington and Broadtop road declared two percent on its preferred stock payable in July.

Concord Railway Company Baltimore & Ohio Railroad Baltimore Washington Huntington & Broadtop

Market swings on April 13 with mixed gains and losses

Stocks opened weak with declines up to 4 percent in several rails and utilities, then rallied as Western Union and Wheeling and Lake Erie supported gains. Afternoon trading saw broad weakness again, with the day finishing moderately active and steady. Railroad bonds were traded actively, led by Jersey Central convertibles and other issues, while total NYSE volume reached 379,884 shares.

Louisville & Nashville Western Union Wheeling and Lake Erie Jersey Central Manhattan New England Atlantic & Pacific New York City & Northern Trust Omaha International & Great Northern Venancola & Atlantic Michigan Central Richmond & Danville Houston & Texas Louisville, New Albany & Chicago

Market closes firm after cautious day on Wall Street

April 13 reports Money on call easy at 3 to 7 with last loan and closing at 3. Prime mercantile paper noted. Bar silver at 9644, Sterling exchange dull and steady. Governments dull but firm. Railroad bonds active and generally firm. Stock market less active after 2:15, declines checked, small rally from low prices. Jersey Central and Manhattan showed extraordinary strength in a day described as quiet yet well distributed.

Prime Mercantile Sterling Exchange Jersey Central Manhattan New York

Financial market snapshot from London trading floor

The report lists U S securities and Canadian Pacific with varied quotes and percentages including United States 4s at 132 and 449s at 11244, Atlantic & Great Western firsts 49% second 1284, Erie seconds 105, Illinois Central 133%, Mexican ordinary 65%, St Paul common 9534, Reading 23% and Pennsylvania 61 Ys Reading 23%.

London United States Canadian Pacific Erie Illnois

Massachusetts Total Abstinence Society report on license votes

At the monthly meeting of the board of directors held yesterday at 86 Bromfield street, Secretary Jewell presented a detailed report on license votes. Returns from nearly all towns show eighteen towns gaining license and thirty four losing it, with a net no license gain of 7064. State totals show yes 92013 and no 107384 in all but fifteen towns. The report also discusses Western temperance sentiment, Kansas and Iowa prospects, and Rhode Island's election result amid tightened enforcement assisted by liquor interests.

Total Abstinence Society Massachusetts ‘Total Abstinence Society Bromfield Street Benjamin R. Jewell Michigan Chicago West Kansas Iowa New England Rhode Island

Officers Elected At Channing Home Annual Meeting

At the annual meeting of the Channing Home yesterday officers were elected President Samuel A Green M D directors Charles P Curtis Theodore Metcalf Sarah G Cary Sarah KH Read Samuel A Green treasurer Theodore Metcalf assistant treasurer Miss Sarah G Cary clerk Charles P Curtis. At year end March 31 1886 there were fourteen patients. During the year twenty five admitted twelve died nine discharged relieved and four not relieved. The number remaining is fourteen.

Channing Home Samuel A. Green M.D Charles P. Curtis Theodore Metcalf Sarah G. Cary Sarah KH. Read Charles P- Curtis

New York City and Northern rail bond deal outlined

Bondholders agree to a new 5 percent first mortgage bond of up to 1.2 million to cover the entire line including Yonkers. a second mortgage of 8.2 million. 6 million preferred stock and 8 million common stock issued. net earnings rules set 4 percent caps. thirteen directors to be chosen. transfer of claims from New York Loan and Improvement Company to the new entity. special subscription terms for present bondholders. A Northern Maine Railroad corporators meeting in Bangor selected directors for a line from Maine Central to Houston and Presque Isle with a planned preliminary survey and route planning.

St. Paul Chicago, Burlington & Northern Chicago Louisville Evansville St. Louis Mexican Central Central Massachusetts Preferred Boston & Maine-Boston & Yowell Fitchburg Old Colony New York New England Lamson Sys NEW York City & Northern New York City & Northern Road New York Loan and Improvement Company Yonkers Northern Maine Northern Maine Railroad Company Houston Presque Isle Bangor Llewelyn Powers Geo I. Freeman James W. Bolton Decapit B. Hall Henry C Sharp Monticello George P. Wescott Portland

Wisconsin Midland selects L Anse Mich as port

The Wisconsin Midland Railroad Company names L Anse Michigan as the Lake Superior terminus and shipping port for its line from Fond du Lac to Florence Wisconsin. The route will connect the Meno mine iron range and allow direct access to the Marquette and Gogebic ranges enabling competition with several major carriers.

Wisconsin Midland Wisconsin Midland Railroad Company L’anse Mich Lake Superior Fond du Lac Florence Wis Menominee Iron Range Marquette Gogebic Chicago & Northwestern Duluth, South Shore & Atlantic Milwaukee & Northern Wisconsin Central Milwaukee, Lake Shore & Western

Commission payments for ticket agents lifted by railroad

A confidential circular from Minnesota & Northwestern railroad offices directs ticket agents nationwide to continue paying commissions for foreign-line coupon ticket sales. The company states commissions will be paid to regularly authorized agents with properly filled vouchers, and similar instructions are reported from other Northwestern lines.

St. Pau Minn Minnesota & Northwestern Railroad General Offices

New York Central reports March earnings rise

The New York Central and leased lines show March gross of 2,919,810 up from 2,755,266, a gain of 164,544. For the quarter ending March 21, 1887, 8,089,351 versus 7,342,201, an increase of 747,160. Six months to March 31 reach 17,110,607 up from 14,218,802, a rise of 2,891,805.

NEW York Central New York Central & Hudson River Railroad Company

Commercial matters note firmer prices across multiple goods

Wool shows a slight firmness while flour and corn stay quiet but firm. Oats rye and barley hold steady or quiet. eggs dull and beans in fair demand. Potatoes hay straw grass seeds and truck demand remain steady with overall firm provisions and very firm apples. No change to note in poultry.

Quiet Wool Market Hinges on New Clip Outlook

The wool market remains quiet with prices 2 to 5 cents lower than year start. Demand is light, buyers few, and manufacturers buying only for necessities. Kentucky’s clip is expected to be better, with healthier sheep and higher output anticipated. London and New York markets show varied activity, with steady or modest shifts in prices. Receipts show substantial year over year increases, notably in Bynton, while Chicago and St Louis quotes reflect subdued trading. The national wool convention will be held in St Louis May 11 12 14 with $1760 in premiums and notable speakers registered.

Ilinois Central Maine New Hampshire Congress Flint & Pere Marquette Road Jersey Central Road St. Joseph & Grand Island Norfolk & Western Road Chicago Swift & Co Erie Lackawanna Interstate Commerce Commission Mobile & Ohio Louisville & Nashville St. Paul Eastern Lines Lake Shore Cleveland Pittsburg New England Pennsylvania Interstate Commission For Relief Alleghany Valley Road Kentucky Louisville Bureau of Statistics Ccc London Ohio Michigan Delaines Texas Oregon California San Francisco Canada Montevideo New York Territorial Bynton Asebo Danu Fepr St. Louis Territories Missouri Illinois Kansas H. Co. West Harker & Pritchard

Also Mentioned on This Page

Boston Atchison Gould St. Louis & San Francisco Atlantic & Pacific Road Seligman Seligmans Frisco Atlantic Atchison, Topeka & Santa Fe Burlington & Quincy Union Pacific Chicago & West Michigan Chicago & Indiana R. P. Flower West Michigan Lacrosse East Bluff Wisconsin Central Common Ditto Lamson Company New York Commercial Bulletin Metal Exchange London Cables East Boston East Boston Company Silas Pierce Isaac Pratt, Jr John 8. Farlow Allen Browne Charles E. Moody M. D. Ross John M. Clark Massachusetts West End Boston Land Boston Post New York& England Union Aimiou Bonanza Franklin Huron Quincy Devonshire Street Kidder, Peabody & CO Nassau St Philadelphia City of Minneapolis Kansas City City of Portsmouth City of Cincinnati City of St. Louis Blake Brothers & CO State Street Water Works C.h.venner & CO Congress Street St. Joseph Randsland Oregon Short Line Northern Pacific Foote & French, Bankers Wei Natina Asa PB. Potter J. Work Boston Stock Exchange A&p Incw Cs&c Lst Con St Rycon Mex Centine Wis Cent Boston Ld Maverick Ld Bay Colim Lainson SS A&p Aeee Ny&n Rutland Bee Earee Atlas National Bank Hide and Leather National Bank T&s Fe Pt State National Bank Pac Inc Seine Central National Bank National Bank of Commerce Faneuil Hall National Bank People’s National Bank Roxbury Eli Gs Exechane National Bank Suffolk National Bank Old Boston National Bank Eliot National Bank Lda Market National Bank Sonora City National Bank Howard National Bank Eagle National Bank Seeeree New Eng Webster National Ban Cal & Hec At. & Pacific Second National Bank Air la National Bank Re & N Third National Bank North National Bank Can Quincy Aeoenreee Llbe Natona Bank Central Pac Aspinwall la Exchange National Bank Ches, & Ohio Hamilton National Bank Oo Freeman's National Bank Blackstone National Bank Chi Alton Maverick Land Asiatic National Bank Salem Merchants’ National Bank GUO C&eu Naumkeag Steam Cotton Co East Tennance Great Falls Bates Manufacturing Co Franklin Co Lewiston Fort Vary Central Secre Continental Mills Hill Manufaccturing Co Kas, & Tex Pass Rivers L.R Fts Sneeee Cambridge Horse R Long Island Ey & St Boston Consolidated Street Giy Meg C Con Vermont & Mass Boston Consolidated Street RR Memphis & Cin Ny&ne Toledo, Cin Gang Pave Pullman Boston Gaslight Co Lawrence Gaslight Co Chelsea Gaslight Co Manabi I Briveen E. M. Cordage Co Plymouth A& Pine Ash McKay & Bigelow Besex Coodyear & McKay Nash N.d Winnisimmer Company Pacific Ate Irana Northwest U.S Samson R & Ie N.E Lobb Ohio & Miss Frenchman’s Bay Boston Us Los West End Wollaston Ld Cleveland Ts Bae A. Te SF Dan C& W City Ft. Scott & Gulf Rock Island Air Line St. L Topeka & SW Allegan & G. Rapids Geeues B&q Fasex Railroad Aoevere Loos Colum Spring Cinem F& PM Fairbanks & Co A C. Paelt Oakland Garden Association Utica & B. & P Soston Albany Pollman Pal Anwapter Ds. A T&s F Cenar Rapids & Mo Pan Eng. Mort Cal Soine Inn Canbridge National Bank D.& RG Faneuil Hall National Bank Vt Dp. & RG W. Se B&nis Eagle National Bank Hamilton National Bank Everett National Bank M& Bbs Continental National Bank Rpeevees Sp & M BP. L. G Lou, Ey & St Los Dave Eees Ists Den PRG Ax. Goup TAS Mex Atlas National Bank N. Pace Pac St. Johnabury Seconia U Iw Shore Tremont National Bank Firat National Bank Saler Express NY &Ne Gs Fargo Naumkeag Manufacturing Mansachriact's Totton Mills Chicopee Manufacturing Co Ontario A. Pan Ants Amory Manufacturing Co Amador Bartie Baoesee Sereece Atlantic Cotton Mills Col. Cent Quickanver. Ie Blee Perker Aes Gol At& Pac C.d& T C&w Boston Consolidated St. RR Yellow Jacket Cam Horse Mass Cambridge Horse RR Connecticut River Railroad Spr&c Rivers Railroad Cheshire Railroad Earl, & Quincy RR Astern Northern Railroad R&pm Boston & Maine RR Ev & St L Cambridge Horse Railroad Seeee Rutland Railroad Common ODF Lr& Fis North Chicago Rolling Mills Eeee Idkoo Old Colony Steamboat Met Showalter Mortgage Co Aim Busell Trimmer Co Salem Gaslight Co Union Pacifi Ea Bal Xi Lapretton Nashua City of Haverhill Montgomery Works Cincinnati Bell Lieland Fkastman Fae Lynn Ga Chiscago Barli& Quincy Cal & Hee Chicago & Digs Easee Old Colonia Ironton Boylston Barl & Mo Kansas Cy, Ltd & C Chie Barl & Quincey One 1& L Ch Iin Fitch & N B West End Land Maine Central RR Te & SF Wi & Balt Fitchburg RR Bell Telephone New England Telephone Leavenworth, Erie Telephone Eugek Aspinwall Land Brookline Land Staan San Diego Land Boston Water Power Ave Eastern Railroad New York & New Enginna Ts Masa Cleveland & Carnton Burl& North Burl & Quincy Cin San & Cleveland Cette Flint & Pere Marg Iowa Falls S City Rook & Ft Smith Clinton & Springfiee Bees Marg Houch & Ont Cessen Cal Bulwer Mono Hest & Heage Mt. Diablo Bodie Ophir Ee Chollar Rees Cal Vis Sava Gould & Curry Hale & Norcross Wison W. Fay & Co Catalpa Tol. Cin Bloc Matg Busell Triumer Bowie Lord Acoustic Teles Gray's Dynamo NEW York Financial Foreign Financial Markets Channing Railroad Matters Bowker Fertilizer Company Chatham Street Boston Public Gardens
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