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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 15, 1887

Page

6

Money Market and Boston Stocks Report Apr 14 1887

The Boston money market shows easy conditions with ample loanable funds and light demand. Double name paper rents 5 percent, while manufacturing paper runs 4 to 4.5 percent. call loans secured at 4 to 5 percent. Exchange totals and bank balances rise. New York funds discount, and Bank of England rate cut noted. The session highlights Atchison stock moves, Central Massachusetts and Boston & Maine lease prospects, and a surge in West End railroad preferred stock. Remarks on Lamson Store Service short interest and local rail and harbor bills accompany broader market commentary.

Boston New York Sterling Exchange Bank of England Atchison Albert Nickerson Atchison Road Southwest Atlantic & Pacific Chicago, Kansas & Western California Southern East Saginaw Mexican Central Wisconsin Central Cincinnati, Sandusky & Cleveland Columbus & Springfield Pullman Union Pacific Boston & Providence Roslindale Boston & Albany Fitchburg Cheshire Ruland Central Massachusetts Massachusetts Lowell State Street Eastern Railroad Boston & Maine Northampton General Court Eston & Maine Eastern Danvers Railroad Company Dover & Winnipiscogee Railroad Kennebunk & Kennebunkport Railroad Company Lowell Andover Railroad Company Newburyport Railroad Comny West Amesbury Branch Isroad Company Worcester, Nashua & Rochester Railroad Company Orchard Beach Railroad Company Chelsea Beach Railroad Company New Hampshire Newburyport City Railroad Company Portsmouth & Dover Railroad Portsmouth, Great Falls & Conway Railroad Portland, Saco & Portsmouth Railroad Company Wolfeboro Railroad South Reading Branch Railroad Company Portland & Rochester Railroad West End West End Land State House

Bank and rail dividends declared in midyear notices

The Lexington Savings Bank declares a semi annual dividend of 21 percent. Edison Electric Illuminating Company of New York announces a quarterly dividend of 1 percent. The Boston and Providence Railroad Company declares a dividend of 4 dollars per share. The New Bedford Five Cents Savings Bank declares a semi annual dividend of 2 percent.

Lexington Savings Bank Edison Electric Illuminating Company of New York Boston & Providence Railroad Company New Bedford Five Cents Savings Bank

New York Financial Market Report April 14

Money on call easy at 4 percent, bar silver active at 97 9 7. Rail bonds steady to firm with Reading and Lackawanna leading activity. Louisville & Nashville surged, lifting stocks early before a mid day pullback. New York City & Northern trust receipts noted with 130,000 in sales. Major gains seen in Baltimore & Ohio and Jersey Central, while overall market ended near opening levels after a volatile session.

New York Prime Mercantile Sterling Exchange Reading Lackawanna Louisville & Nashville Jersey Central Almoss New York City & Northern Trust Baltimore & Ohio Parkersburg American Dock Chicago & West Indiana Pensacola New Haven Ohio Southern Missouri Pacific Fort Wayne St. Louis Kansas City & Northern Annem Pacific T. & Air L B.C Central Iowa Central Pac Chen Ohio Chi del. & H del. & L. Gies den. & G Siba Erie East Tenn Houst. & Tex Kae & Tex Lake Shore Long Island N. Ae Man Beach Memphis Mich Central Gus Wei Lovie Minn St. L Miss. Lucille Oss M. & Olito M.& Lssex Tee Weer Noah Chat Tee N.J. Cent St N. & W. Pre Ino Ohio & Miss West Oregon Oregon Trans Pittsburg Dan TAO Ww.p Rock Island S.F Treeee Ae Poteet Eee St. MM. & M Evens Rae Bo Oregon Inn Pacific Mail Pullman Pal W. Union American OU P. Cons Tex. P L G Tex N. Pate Lsis W. Shore N. W E Cristo Santiags Hale & Nor Gould & Curry Nevada U ‘Standard Stanislaus Tenn Middle Bar Plymouth Cal & Va

London Market Rates and Bank Rate Cut Report

London financial brief notes bond prices for Consols and US and Canadian issues, with values for Erie, Illinois Central, Reading, St Paul, and more. Bank of England lowers discount rate from 8 to 2 1/4 percent amid market activity. Ad: Pyles Pearline washing compound promoted.

London United States Atlantic & Grea Western Canadian Pacific Erie Illinois Central St. Paul Pennsylvania Bank of England

Railroads Open Vote Fight Over Frisco Control

The St Louis and San Francisco stock matter centers on May election proxies. Some preferred holders push for dividends now, while management advocates continuing current policy. The surplus used for branch line securities raises property value and may calm the contest, which is unlikely to become deep.

ST. Louis San Francisco Frisco Ask Daily Financial Record Preferred Thegit

Norfolk and Western fiscal 1886 advance report figures

The advance report shows gross earnings of 8 252 086 dollars and net earnings of 1 291 147 dollars for the year ending December 31 1886 with additions of 34 980 dollars and fixed charges of 1 193 785 dollars. Surplus reached 181 664 dollars and annual earnings rose 480 985 dollars.

Norfolk & Western Richmond East Tennessee, Virginia & Georgia

Pullman Introduces Luxury Five Car Train Between New York and Chicago

The Pullman company unveils a five car express train claimed to surpass New York Central and New Haven models. It runs on the Pennsylvania line from New York to Chicago and features three sleepers with twelve sections plus a private lavatory, a dining car with private room potential, a half baggage half library car with barber shop and bathroom, and a connecting vestibule minimizing smoke and dust. The ensemble presents as a single long coach with rubber mattes at platform joints for safe, clean transfers.

Pullman Company New York

Fast Seaboard Train Linking Bar Harbor to New York Planned

Boston & Maine and Maine Central plan a new fast season train from Bar Harbor to Boston then New York via Boston & Albany. Passengers could depart Mt. Desert Ferry at 5 a.m. and reach New York the same night, with a return service in the opposite direction. The schedule aims to avoid cross day travel and attract many riders.

Boston & Maine Maine Central Roads Bar Harbor Boston Boston & Albany New York Mt. Desert Ferry East

Rail and railroads brace for bonds and rate cuts across lines

Norfolk and Western directors seek authority to issue 1.5 million dollars in improvement and extension bonds to finance short branch lines. Reported rate cuts by Mobile and Ohio line spur anticipated alignments with Louisville and Nashville. Delaware House backs plan to consolidate several lines into a single Delaware railroad system with a Dover to Milford branch. International Navigation plans to raise bonded debt by about 1 million dollars, adding two steamers. Brickmakers in Pennsylvania threaten work stoppage by April 16 if labor disputes with Knights of Labor are not resolved, risking 56,000 jobs and a halt to building.

Norfolk & Western St. Louis Mobile & Ohio Road Moblie Louisville & Nashville Canada Southern Central Pacific Philadelphia Pennsylvania Railroad Austin Corbin Jersey Central Reading Pensylvania Company Baltimore & Ohio New York Reading & Jersey Central Delaware House Delaware Railroad Delaware, Maryland and Virginia Dover Milford E. L. Oppenheim & Co San Francisco Baltimore & Ohio Railroad Robert G. Ingersoll Toledo, St. Louis Missouri, Kansas & Texas Road Parsons Kan International Navigation Company

Horsford's Acid Phosphate Promoted for Headache and Impotence

Dr A S Kirkpatrick of Van Wert Ohio reports using Horsford's Acid Phosphate with brilliant success in chronic nervous headaches fever with profuse night sweats impotence and nervousness. The claim emphasizes relief across multiple conditions and parts of the nervous system.

Horsford A. S. Kirkpatrick van Wert

Commercial Market Summary Shows Mixed Fresh Goods Trends

Leather and hides improve while flour remains quiet. Corn stays firm, oats steady with good trade, oatmeal quiet yet firm, rye flour steady with light trade, rye quiet, barley quiet, malt steady, millfeeds firm, butter softer slightly, cheese strong, eggs steady, beans in fair demand, potatoes firm, hay quiet, straw steady, grass seeds active, truck in good demand, tallow unchanged, provisions firm but quiet, fresh beef firm, sugar quiet steady, molasses steady, poultry unchanged, apples very firm.

Cincinnati St. Louis Western Creamery New York Eastern Creamery Western Philadelphia Chicago Liverpool Butler Eastern Vermont Vermont Dairy Michigan Nova Scotia Bush Timothy Jersey

Boots and shoes market shows improving demand across regions

The boot and shoe trade continues to improve with strong orders from jobbers and retailers. Demand varies by line with good sales in slippers, low cuts, grain shoes, cast boots, and split boots while women’s spl—open well. Shipments outside New England fell week over week to 46,022 cases, and yearly totals through January 1 show a drop from last year.

Daily Mails Orcester New England

Leather and Hides Market Activity Report

Leather and hides show firmer tone with steady to strong demand. Sole and rough leathers quote varied by grade with wax and calfskin sales reported and finished leather in good demand. hides demand steady with western and South American selections noted.

Winter wheat crop condition in April report

The April crop report from the Department of Agriculture details winter wheat conditions across states. Central West soil was favorable at seeding, growth was good before winter, while Pacific slopes benefited from rains after dry planting. Poorer conditions appeared in Atlantic and Gulf coast states, Pennsylvania, Maryland, Virginia, Kansas, and some others, with Missouri and Tennessee notably low.

Department of Agriculture Washington West Tennessee Missouri Pacific Pennsylvania Maryland Virginia Kansas Atlantic Gulf New York Texas Kentucky Ohio Michigan Indiana Iinois California Oregon

Market Reports April 14 Flour And Grain Quiet Trade

There is no change to note in the flour market as the trade remains quiet and prices are held steady. Demand exists within quoted ranges with steady movement. Corn remains firm with spot sales of steamer yellow reported at 53 534¢c. details on trade lots follow.

Sar Chicago Park

Market Quotes and Closing Prices For Wheat Corn Oats and More

The report shows bids and on call offers for steamer mixed corn at 52c and April oats at 30 4, with on call trades listed across several brown and white oats and mixed grains. Inspectors logged 92 cars today including steamer yellow corn, steamer mixed corn, and various white and no grade oats, with closing quotations for Chicago grains and assorted flour and meal prices guiding today’s activity.

PeThe Chicago Satan Canada Superior Canada Kye Bush New York Canada Western Eastern

Butter and dairy markets across cities show quiet trade

The butter market overall is quiet with light Western creamery supply and varied tone by city. Prices range from 27 to 30 cents for Western creamery in Cincinnati and 22 to 28 cents elsewhere. cheese and egg trades also show steadier, mixed activity.

Also Mentioned on This Page

Dbil Cambridge Metropolits South Boston Consolidated Legislative Committee On Harbors and Lands Boston & Lowell Road Mystic River Corporation Ocean Terminal Railroad Dock and Elevator Company Mystic River Quincy Osceola Franklin Kidder, Peabody CO Devonshire St Mass Nassau St Messrs Baring Brothers & Co Europe British Provinces Devonshire Street City of Minneapolis Kansas City St City of Portsmouth City of Cincinnati City of St. Louis Omaha Blake Brothers & Co Chicago, Kansas & Western RR. Co Atchison, Topeka & Santa Fe R. R. Co Atchison Co GH. Wexner & CO Congress Street D. Kyle Broad New Sta New York City Milk Street Brewster Boston Stock Exchange A&pine Boston Land Renchman’ser Dobs Rutland Unison Pacific Oene Tighest NEW York Financial T&s T&sf A& Pine B& N B&q Peert Ls Kv & St Ls Am Bell New Eng Eastman CH Bonanza Lee Franklin Eters Trenton Iron Ate Abs Aspinall Land LOO Boylston St Frenchman’s Bay Maverick Land San Diego Wwatlas Land Tod A&sp B& A Aces B& Q C&w Lou, Ev & St L Ft Scott Louis Ny&ne T&s Fe Mort At & Pacine Peseere Rew Inc P& Ark V P& Ark V %S Boston la Maverick A&p C& W Sprant A&p. Steer R&q Hv & St Nye&ne Ae P& Ark Lronton Yel Saettre Union Ae Ce Lamson Aspinwall Boston Ld Bell New England Telephone Erie Telephone Aspinwall Land Des Oweegees Brookline Land Ewnee Ps East San Diego Land Wwe Boston Water Power New York & Ad England Wisconsin Arch, Top Atlantic & Foente Cleveland Canton Bur North Chic Bar & Quincy East Dinos San Eats Flint Town Falls City Bi KC Clinton & Sprine Little Rock Ft Mary Huron Sis Megwedic Sb Abc Quihoy Wilson W. Fay & Co Lord Acoustic Telephone Busell Gordon Safety Elec Cal Bulwer Mt. Diablo Best & Belcher Potest Cals Savage Crown Point Erra Eureka Lale & Norcross Yellow Jacket Foreign Financial Markets Railroad Matters THE Brickmakers’ Association of Pennsylvania As Knights of Labor Brogan Brighton Buenos Ayres Montevideo Rio Grande Entre Rios Crop Report Wwless East Swale Houlton Aroostook Prince Edward Island
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