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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 18, 1888

Page

6

Money Market in Boston Says Easy Credit and High Activity

The Boston money market remains easy with ample loanable funds and light demand. Clearing house rate holds at 4 percent while general market paper ranges 4 to 6 percent, with 8 percent for Massachusetts notes. Trading shows varied prices across banks, securities, and corporate issues, including Atchison, Union Pacific, and Boston stocks, with notices of forthcoming meetings and bond retirements.

Syndicate Forms to Buy First Mortgage Bonds for San Pedro Line

A syndicate is formed to purchase bonds for the San Pedro Los Angeles and Utah Railway extending from San Pedro Bay to Pasadena. Subscriptions invited by the corporation allow buyers control over disbursements and grant valuable options including potential central control of the road and 2800 acres of terminal land at San Pedro Bay. A large portion of the ponds offered has already been subscribed.

San Pedro San Pedro Bay

Auction of Stocks and Bonds April 18 1888

The following stocks and bonds are to be sold by auction on Wednesday April 18 1888. Includes Gauge and Lantern Co Rochester American Rapid Telegraph Co Natl. Bank of Salem Naumkeag Natl. Bank Salem Boston area mills RR and bank securities plus various railroad bonds and city bonds. Names include Chicago Burlington Quincy RR Met Natl Bank Bates Mfg Co Boston Cab Co Old Colony RR and many more. Proceeds support trustees executors and heirs.

Quincy Illinois Springfield Illi New York Cty James M. Bishop Quincey Tis Gauge and Lantern Co Rochester American Rapid Telg. Co Metropolitan Natl. Bank Do Lombard Investment Co Bo Do Day Process Shoe Co Do Old Boston Ratl. Bank Do Anul. Natl Bank of Commerce Merclg Te’ Natl. Bank Bates Mfg. Co Lowell Machine Shop Do Gt. Fails Mfg. Co Arlington Mills Doe Naumkeag Steam Cotton Co Androscoggin Mills Manchester Mills Chicago & Mastern Ill Boston Cab Co Newport & Richford RR Conn. & Pass Middlesex Horse Middlesex Verse RR New Eng. Mort. Sec. Co Slapu McKay & Big Eel Mach. Asso Ive Works Asiatic Natl. Bank Salem Besten Wharf Co Leather Natl Seyeee Natl. Bank Ellet Natl Bank Pacific Mills Lyman Mills Ly Order of Executor Natl City Bank Amoskeag Mfg. Co Chicago Boston Liverpool Old Colony RR China Mutual Ins Alan White Water Valley RR Kansas City Scott & Gulf Chicago, Burlington & Nov Lans. & Northern RR Fitchburg New York Ew England Franklin Taeag Sg Co. de Mass Cotton Mills Boston & Roxpury Mills Corp Republian Valley RR Boston & Albany RR Beverly Union Stock Yard & Transit Co Wassingi Oe Co Oston, Concord & Montreal RR. Co Poott Cotton Mills Lawrence Mfg. Co Eos Ructon Ifle Cay Fremeht Kik Horn & Mo Valley BR U. S St. Louis Kansas Western Ogd Lake Champlain RR. Inc Florida So Nashua & Lowell RR Cleveland W. L City of Marrietta Ohio Boston & Lowell RR de Reece Bb Hole M. Co Amoskeag Mtg. Co Washington Natl. Bank House Ins. Co Do Manuf NX. Bank Revere Bank Globe N. Bank Washington Kall. Bank Shawmut Netl Bank Amoskeag Mfg Chicopee Mig. Co Boott Cotton Mills Middlesex Mills Lowell Mik Wakefield Rattan Co Naumkeag Steam Cotton Co Lawrence Mig Tremon & Suffolk Mills Laconia Mig. Co Boston, Concord & Montreal RR Old Colony RR. Co

Foreign Markets Open Flat Then Falters in London Trade

London April 17 Consols quoted 99 58 for money and 99 11 16 for the account. Canadian Pacific 60 14, Erie 24 %, Illinois Central 122 1/4, Mexican ordinary 48 1/2, St Paul common 72, Pennsylvania 55, Reading 29 35, 2 I. 36 p. m. market drifted weaker on overseas price cues. Discount rates for short bills 1 4 1 2 percent. Paris routes 80 francs 97 34 centimes for account. Bar silver 42 7 4 4 per ounce. Bank of England bullion today 3,000 pounds.

Boston Messrs. F Moseley & Co New York York Chicago St. Louis San Francisco Sight Telegraph New Orleans Commercial Bank Savannah United States Treasury National Bank Sterling Exchange Continental Frances Reichsmarks Sperial Bank of Germany Oston Atchison Atlantic Pacific Knt & Pere Marquette Comon Duce Jackson News Bureau Lhat Common Vicinty New Bedford Hoyt Estate New York City State Portland Saginaw Scattering Flint & Holly Union Pacific The Herald Holland Burlington & Quincy Northwest Mexican Central New Mexico Chicago, Kansas & Western Bs Southern Kansas Northern Pacific Wisconsin Central Een Valley New England Bliss Boston& Albany Old Colony New Engand Ew Haven Hartford Ew England Central Massachusetts Oston & Maine Oston & Lowell Bostend& Albany West End Eastern Boston & Providence Fitchburg Lamson West Ham San Diego Frenchman’s Bay Calumet & Heela Boston & Montana Osceola Luron Napa Old Dominion Copper Mines Globe District Oregon Prime Mercantile Richmond & West Point Jersey Central Lackawanna Chesapeake & Ohio Denver Paul Northwestern Sinking Fund Chicago & Indiana New Orleans & Mobile Louisville New Albany Michigan Central Toledo Ann Arbor Lowell National Cepeten Prescott Iy First Ae I Railroad Lowall Wameaht AL Banks Nani Salem Genceves Blue Hill Chelsea Hyannis Ware Lacenia T&8 Amos Koag A&p Inc Lawrence Neb Lowell B& Ee K & WV Inc Ae Boot Cot Masis Mon’ Dnock Nashua Aamkeag Clinton Ny&ne Everett Dwight Poepperell Franklin Jackson Kearsarge Bell Quincey Ee New Eng Veecevess Campobello Palace Newport Mining and Stock Exchange, A T&s At& P Royal Gold Gi &S Es Onanza St. Mary's SPM Seee Bowman Becurity South Side Se Catalpa Otisiers Ny&nbe Dunkin Burton Pullman Hanover Eureka Tel UN Pac Huron Meter Wis C Mesnard Minnesota Stan Boston Stock Exchange Yvirst Callanetaes Allonez Bonanza Devel Hecla Catalpa Eeese Kearsar Pewabic Quincy Ridge Tamarack Winthrop Aspinwall Seeesees Boylston Street Brookline Campebello French Bay Maverick Ceeneces Cessees Payson Ee Penobscot Cesses L. G Vr & W C. & W. Mich St. P Lk. H K.C K. Fn MD R.& Et. S L E L L. C. Con Do Inc Pueba A. Ve Setianen Kan Brokers’ Board Tex Lowe Sonera BOHR Union A Ewe NY & NE Osceola Eee Atlantic & Puattie Boston & Albany Tar Press Pere Ee Boston & Lowell Beg Oston & Prov Cal Southern Central of Mass Ceeeeres Fr & M Oor Anne Resth Ny&n Col Ee . Se N. Eer M& Bos Flint & P Do Inc Wyes Campobelle Oslo Diego Everers Ee Geenthit East Ones Lord Dunakin Bet Huron Eveserse Kearsarg Ieee Boston National Banks Metro Tan Cheshire Bunker Hill Verne Entral Colubian Republi West End Rypid M. Freeman's Arnilvon K & Coer Sbi Incoin Union Pan Ing É& Pacific Air Line Gan. Pacific Canton Central Low Central Pacific Ee B.& Q Fort Wayne Et. W Hocking Valley Lake Houst Texas Long Island St. Neon Pacific Essex Oho Nash Chat Ay & W. Se Paol Baha Oy Gol Northen Ae St. Lewes N-E Bos Ohio Wsss West Pittsburg Rock Island Rome St. L P. M Texas Pacifica Eeer Ea Bk Pity OO Aoe Ques Geuhie Gaageranen Lade Oren Lin Ween Sane Paco Math As Sai Ane Uliman Pal American Gil London Canadian Pacific Erie Illinois Central St. Paul Common Pennsylvania Reading Paris Bank of England

Commercial Market Brief Shows Steady Prices Across Goods

Lumber and grains including corn oats and rye show firm or steady prices. Butter, eggs and pork move lower or steady while meat categories such as beef veal and mutton remain steady. Demand remains robust for hay and truck services with sugar and molasses holding firm.

London Wool Sales Show Strong Demand Across Regions

The London wool sales attracted a large attendance with keen bidding. Buyers from home and Continental operators traded across regions including Victoria New South Wales Queensland South Australia Tasmania New Zealand and Cape of Good Hope and Natal, with varied prices for scoured greasy locks and pieces and full prices for select Tasmanian greasy wool.

London Tasmania Victoria New South Wales Queensland South Australis New Zealand Cape of Good Hope Natal Plate River

New York Dry Goods Market Quiet. Trade Sluggish

The Daily Commercial Bulletin reports a quiet past week in commission and importing circles with irregular jobbing. A few loading houses shifted many prints and bleached cottons while demand for regular goods remained light. Cotton goods stayed mostly quiet though top cooperative plain and colored cottons held. Printed fabrics and woven cotton dress materials were in fair demand. Men's wear woollens were dull and wool dress goods showed moderate demand for prompt and future delivery.

New York Daily Commercial Bulletin

The Chicago Markets Report on Wheat Corn and Hog Prices

Wheat opened strong on reports of the German Emperor's critical condition with strong cables and mixed opinions on near-term direction. Corn and oats showed activity, hog prices rose with notable receipts and estimated future carlots. pork was sold by Clifton Fowler and Cudahy.

Farnum, Reardon & Co Clifton Fowler Cudahy

Lumber Market Reports Quiet With Steady Prices Across Regions

The lumber market shows no major shifts with demand fair to moderate in Eastern Pennsylvania and Western regions. Prices for hemlock, shingles, clapboards, and spruce plank are steady to firmer, while hardwoods remain steady with run of ash, cherry, oak, and walnut. Receipts and stock details for Boston week ending April 12 are listed alongside varied price quotes for boards, laths, and plywood sectors across multiple U.S. markets.

Pennsylvania Boston Canada Collin

Lumber Prices and Size Details From Eastern and Southern Pine

A detailed list of lumber pricing for various pine and spruce products. Includes Eastern Pine categories such as No 2 strips, rough red pine for box boards, and Y inch fractions with prices. Southern Pine covers pine flooring, plank lengths, cargo and yard prices, and heart flooring. Spruce sections list straight clear boards, firsts, seconds, and framing stock with multiple price points.

Watertown Union Live Stock Market Report

The weekly market summary notes arrivals over two thousand cattle, eight hundred from New England, with a generally unchanged to slightly lower tone. Prices show cattle averaging 1360 to 1790 pounds for steer lots, and sheep and lamb sales reflect a strong lift of about 4 to 6 cents, with specific lots detailing Breck Wood and Aldrich Johnson consignments and ranging from 53 to 90 pounds per head for various sheep and lamb grades.

Jinion Watertown New England J A Hathaway Bes Hastings Charles Cummings Effiec Robert Breck Wood Aldrich & Johnson

John E Welsh Peres Sees Flour Street

Reports of domestic and general markets compiled by Post reporters and telegraphic despatches from commercial centers. Local and telegraphic market data are now presented together, following Boston market reports for each commodity.

Post Boston

Also Mentioned on This Page

Old Dominion Simpson Popes Baltimore Iverside Ann Taylor Birmingham Eng Lennoxville Can Arizona San Pedro, Los Angeles & Utah Los Angeles Pasadena Keeler Carson and Colorado American Finance Company Broadway Quincy, Ills Devonshire Street Richardson, Hill & Co Water St Simmons Building Atlantic Mutual Scrip J. P. Wixtringham Pine St N. Y Williams & 60 Slove Fily Bank of Salem Salem Natl. Bank Naumkeag Natl. Bank VLE Concord & Ment. RR Pfa ADA Pullman Palace Car Co Northeastern Mass Village District Water Loan Natl, Car Co Chicago, Burlington & Northern RR Dover Charlestown W.L Peana of Lynn State of N. HB City of Boston New England Mort. Sec Burlington & Mo. River RR Sac River KR Suffolk N. Bank Columbian N. Bank Reek Seer Smi Inwul Euloe My Love Para Rubber Co Faucuil Mall Insurance Co Eliot Natl. Bank Athenæum Loansville & St. Louis RR Sandusky & Cleveland Fitchburg RR Philadelphia Wilmington Aware Mutual Insurance Scrip Burfolk Each Bank Marchants’ N- Bank Old Boston N. Bank Con Boston & Providence RR. Co Space Bank Winthropshore RR NEW York Financial An. So BO Aly St. i Stl S.F BSP Ofan Kan AVAID Amador Belle Belcher WilOntario Bodie olOphir Carupano Plymouth Col. Coal Cristo D.ob Savemo Ee Ee Wa Gould & C’ry Bing. Hale & Nor Vie Hock Tenn. C. & Liat Revd Foreign Financial Markets London Wool Sales Chicago Markets Michigan Canada Superior Canada Roller St Louis Miei Eoe Minneapolis Milwaukee White Southern Detroit Bard Lee Yate Jane Watertown Union Live Boston Post George v. Fox Farrow Co Norther Lambs Vealalves John E Peres
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