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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 26, 1888

Page

6

Money Market Dull in Boston with Mixed Bond and Stock Activity

The Boston money market shows dull demand and few good papers, with clearing house rate at 3 percent and general loans 4 to 6 percent. New York funds posted modest discounts, while U S Treasury holdings and bond offerings dominated daily activity. Atchison and Union Pacific led a broad advance in local stock trading, with substantial gains and a broad market uptick.

Bostron Clearing House Boston New York Chicago St. Louis San Francisco New Orleans Charleston Savannah United States National Bank

Auction Sales of Stocks and Bonds From Various Firms

The sale list covers 1888 items including stocks from Walter Heywood Chair Co Woburn Lyceum Hall Assn and multiple banks and mills across Massachusetts Maine New Hampshire and Vermont. Also noted are numerous railroad and utility securities with par values and dates, plus a schooner and various maturing bonds. The auction proceeds under orders and include ex div notices and bank scrip. The New York stock sales section follows with today’s 435 500 shares traded and prices.

Walter Heywood Chair Co Adm Woburn Lyceum Hall Asso Woburn Gas Light Co First Natl. Bank Woburn New York Boston Suffolk National Bank Eee Eagle New England National Bank Boston National Bank First National Bank Eeee Olitan National Bank Columbian National Bank Bank City National Massachusetts National Bank Hamilton National Bank Svscsel Shoe and Leather National Bank Merchants’ National Bank Tt Union National Bank Old Atlantic National Bank Revere National Manufacturers’ National Bank Webster National Bank LBBIL North National Bank Wese Faneuil Hall National Bank Agawam National Bank Springfeld Banker Hill National Natick National Bank Merrimack Manufacturing Company Lowell Machine Shop Manchester M Phil Baltimore RR Detroit, Hillsdale & SW Nashua & Lowell RE Boston & Lowell RR Sugar Refineries Co Ibia McKay & Bigelow McKa I. and M. Insurance Co Reece Beg Cambridge Gas Light Co New York & New Eng Consol. RR Vermont Rutland RR Pullman Palace Mansfield & Framingham Little Rock & Ft. Smith Scrip Ide and Leather National Bank City National Bank JO Everett National Bank Old Boston National Bank Oor Massachusetts Cotton Mills Bates Manufacturing Co Manchester Mills Boott Tremont and Suffolk Mills Amory Mills Merrimack Manufacturing LISZ Great Falls B Manufacturing CH Naumkeag Manufacturing Lowell Manufacturing Lancaster Mills Boston, Con Montreal Connecticut & Pass West End Street Railway Old Colony Railroad Charlestown Gaslight Lombard Investment Northampton Chor Alba ’ S Vyansville & St. L Lou. & Kennebe Phil, Wil & Alt FOC Rcore Boston & Albany Eeewe Town Falla Sioux City Rouland RR Latmort Fil St. Paul Wil Val

Prospectus for 7 700 000 Bonds by Western New York and Pennsylvania

The document reports net earnings and interest on the present issue of seven million seven hundred ninety thousand dollars in bonds, with a surplus noted for six months. It includes a sworn statement by President W. H. Allen before a New York Notary Public, affirming the accuracy of the prospectus, and lists international underwriters in Frankfurt and Hamburg as part of a simultaneous global bond issue.

Warren Franklin Allen State of New York City and County of New York A.D W. H. Allen Western New York & Pennsylvania Railroad Company ED W. B. Hawkins Notary Public New York City Deutsche Effecten and Wechsel Bank Frankfurt-On-Malin Joh. Goll & Sohne Frankfurt-On-Main Anglo-Deutsche Bank Hamburg

Dividends Declared by Regional Companies

The Boston and Maine Railroad announces a cash dividend of five dollars per share with payment due May 15. The Boston Concord and Montreal Railroad declares a dividend of two hundred sixty dollars per share. The Boston and Colorado Smelting Company approves a three percent extra dividend. Granite Mills of Fall River declares a quarterly six percent dividend. Slade Mills of Fall River declares a one percent dividend. Medford Cooperative Bank declares a six percent dividend.

Boston & Maine Railroad Company Boston, Concord & Montreal Railroad Company Boston & Colorado Smelting Company Granite Mills Company Fall River Slade Mills Company Medford Cooperative Bank

New York financial markets mixed as bonds and stocks fluctuate

Money on call eased to 2 percent with last loan at 2 while mercantile paper held at 4 percent. Sterling steady. government bonds quiet, railroad bonds active. The stock list opened higher then drifted, Pacific Mail weak then recovered, and overall market closed heavy. Bond market saw $2.15 million in total sales, strongest in a year, with notable gains and declines across multiple issues.

Atchison and Union Pacific Boston D. H. Darling & Co Devonshire Street Scall & Bradley Atchison California Southern Flint & Pere Marquette Common Messrs W. Parker J. W. Mackintosh J. Lewis Stack George Coppell Newark Charles F. Adams Oregon Railway and Navigation Company Oregon Short Line Railway Company Charles Francis Adams Frederick L. Ames Elisha Atkins Ezra H. Baker F. Gordon Dexter Mahlon D. Spaulding Samuel Carr, Jr Henry H. Cook New York Sidney Dillon David Dows Andrew H. Green Colgate Hoyt Grenville M. Dodge Council Bluffs James A. Rumrill Springfield Mass John Sharp Salt Lake City Charles ¥. Adams Ezra H. Laker Oliver W. Mink James G. Harris Alexander Millar L. S. Anderson James M. Ham Patter Mr. Potter Henry McFarland Anderson Harris McFarland Mexican Central Miles Wade Mexico Congress State of San Luis Potosi Mexican Central Company Atlantic & Pacific Chicago, Buriington & Quincy Advance Wisconsin Central Sumat Pullman Palace Chicago, Kansas & Western Southern Kansas Gulf New Mexico Oregon Fremont & Elkhorn Chicago, Bussington & Northern Kansas City See & Birmingham Burlington Isouri Wisconsin New York & New England New England Prime Mercantile Sterling Exchange Pacific Mail San Francisco Grangers Lackawanna Missouri Pacific Northern Pacific Manhattan Texas Pacific Rio Trie Chesapeake & Ohio St Paul Hocking Valley New York City & Northern Ontario & Western Peoria Decatur & Evansville Manitoba Green Bay

San Francisco Stocks Close Prices Report

Official closing prices for mining stocks in San Francisco on April 25 show variances across companies. Notable figures include Best & Belcher at 5.12, Ophir around 9, Sierra Nevada at 4.80, Gould & Curry 6.00, and Union Con 4.15, with several others trading in modest ranges.

E. Ee H Pacific S. ‘& Air Line Vret Ee Roch, &P Central Iowa Central Pacific Ches Ohio Cleve Wee del. & H del. & L Den KR. G Erie BOSS Houst Iexas Hocking Valley Tex Kings Pem Lake Shore Long Island i Lou Central M. & Ohio M. & Essex Nash Chat J. Cant Pacific Northwest AG R. x St. le West Oregon Navy Oregon Pittsburg Hia Rich Rome W. Eens Toba St. Paul O. C U. Pacific Utica B. R. Ane L. E Baie Land Snn Pacific Air Baie Pullman Pal W. Union I. M. Pik RG. W 8. P Seeeee St. P. Gig Kan. P. Cons So. P. Ists Ine Tex. R. Rec N. P J. Pac N. W A Amador Se St G Bodie N. Belle Te Builion Ontario Cleve ‘Tin Ophir Col Plymouth Imperial Bio Bala Deadwood T San Francisco Cal Wass d Oe Best & Belcher Ophit Potosi Cnie Os Savage Sierra Nevada Union Con Gould & Curry Noso Hale & Noteroas Yellow Jacket

Italian Marble Cutters Arrive In City Amid Labor Probe

Knights of Labor in Boston filed a case over Italian marble cutters claimed to be imported under contract. They say the workers were not detained in New York and may still be en route to Boston. District Attorney Galvin has the matter under advisement.

Boston Knights of Labor Galvin New York

Sale of Diamonds and Gems by Henry D. Morse’s Estate

The stock of diamonds and gems collected by the late Henry D. Morse will be sold by Mr. Charles M. Foss at rooms 18 and 19 Phillips building No 12 Tremont street. The assortment is among the largest and finest in New England carefully selected from many sources. Foss is recognized as a leading diamond expert whose advice is valued by connoisseurs.

Henry D. Morse Charles M. Foss Phillips Building Tremont Street New England Foss

Market update shows mixed farm commodity tones 1900s style

Flour and oats run dull while cornmeal and rye hold steady in a broad market note. Butter and pork show fair to steady movement, eggs and beans rise in demand, fresh beef and mutton remain firm, and truck demand stays good. Prices: raw sugar firm, refined sugars active, molasses unchanged.

Wool Market Sets Mixed Tone Across Regions

The wool market shows quiet demand with prices mostly steady or down slightly. Ohio Pennsylvania fleeces are irregular, Michigan movement fair, territories quiet, and Australian crossbred demand steady. Local markets in Cincinnati, Portland, San Francisco, Louisville, and New York report varying activity, with imports up and buyers awaiting clearer signals.

Ohio Pennsylvania Michigan Oregon California Wisconsin New York New Hampshir Vermont New Hampshire Kentucky Kentuck Indiana Missouri Territory Montana Wyoming Colorado Wyoming and Orado Southern Georgia Texas Kansas Nebraska Maine Washington Territory Montevideo Cape Pall Mall Gazette Antwerp Caisse de Liquidation France Germany Cincinnati Portland Ore Snake River San Francisco Nevada Louisville

London Wool Sales Open With Strong Demand Across Regions

At London, April 26, a large crowd attended wool sales with keen competition. Demand rose for Cape of Good Hope and Natal wools while total withdrawn reached 16,000 bales. Victoria led with 3,700 bales and prices varied across scoured, greasy, and locks and pieces categories, with NSW, Queensland, South Australia, New Zealand, and other regions contributing larger lots and mixed price levels.

London Cape of Good Hope Natal Victoria New South Wales Queensland South Australia New Zealand Cape O Good Hope

Chicago Market Opening Fails to Sustain Wheat Gains

The Chicago markets opened with fair wheat business but soon turned dull as buyers were absent and prices fell by one cent per bushel. Traders noted limited activity among small operators and a cautious tone prevailing early in the session.

Farnam, Reardon & Co

Also Mentioned on This Page

Cers Brewster Old Colony Boston & Providence Central Massachusetts Lowell Boston & Maine Itchburg Connecticut River Rutland An Concord Hell Telephone West End San Diego Frenchman’s Bay Newport East Boston Lamson Calumet & Hecla Calumet Tamarack Quincy Dunkin Pewabie Mining Company The Boston Safe Deposit & Trust Be Milk Street ST. Louis Bonds Williams & CO Boston Stock Exchange Belore French Bay Cisess B& Mont Ac A T&se Sibecs Ee Concord Ny&ne E. Nutland T&s F K & W Bs So Kan Inc Any B&q West ‘End Hirat C Sieaked Arnold Atlantic Bonanza Devel Catalpa Ceeserees Crescent Pete Fade Huron Trenton Pe Kearsarge Saeeeer Ational Osceola Sese Winthrop Land Compani Es Aspinwall At. & Pac BON, Do Inc L. G Sr C Kan A. M. Con M. St. P D. Db B&n U G K. C St. d Boston Land Seeee Vo Campobello T&bf Ace Vere Nor. Pac Bee F&pm Og. & LL. C. Con Do Inc Pueb. & A. V Ny&nh Eceerers Sonora B& NS C, K & W Inc Con Vt Fre & Ik Horn Boston & Prov Central of Mass Bell Tel Ab Newcecess Iseie Fitchburg Ise i Flint & P. M K.C Gulf TRSB Short Inc Conn Fastman Car Heater Lamson Store Ser. Co Pullman Palace Car Mining and Stock Exchange Bostox Ant Allonez Aztec Louis Bonanza St. Mary’s Bowman Security Bresee Bruns. G Washin Crescent Aim Elect Burton Car Hanover Ken Eureka Lord Ac Alvy N.E Ocean Minnesota Napa Toledo Wachusett Natl. Bank Douglas Axe Mfg. Co Blue Hill Milton Reece B. Hole M. Co Metropolitan Phenix Fire Ins. Co Hartford Com McKay & Big Lincoln Washington F M. Ins. Co Suffolk Eagle Bank City Bank North Lyman Mills Bates Mfg. Co Middlesex Mills Androscoggin Mills Poe Caba Portsmouth N. H Gas Light Co Liverpool Pee Seo Arkansas Valley L. and T. Co Safety Ins. Co Scrip Tl Bank Leather Lock Sewing Machine Assn Metropolitan RR Cheshire RR Pfid Ene & Aes Co Ooston & Roxbury Mill Corporae Setae Citizens’ Gas Light Co Reading and Stoneham Tremon& Suffolk Mills Do Lyman Mills Hide and Leather Na Mercantile Bank Salem Tremont & Suffolk Mills Natl Citizens’ Natl Bank of Commerce Everett Natl. Bank Middlesex Co Lawrence Mfg. Co Mass. Cotton Mills Tremont & Suffolk Boott Cotton Mills Washington Cocheco Mfg. Co Androscogsin Mills Con. RR. of Old Colony RR. Co Tube Works Lombard Investmen Mkt. Bank Do Nauinkeag Charles L. Jeffery Portamouth Gt. Falls & Conway RR Marine Ins. Co Oo. It Co Ighton Wis Fremont Elk Horn M. Valley RR SUOO Wisconsin Valley RR Lan. & No. RR Burl Uincy RR Burl. & Quincy RR Wilm Ns& Baltimore RR South Bend Lmt New England Telephone & Telegraph Co Mexican Central KR. Co R. Ft. Co Mercantile Trust Company New York City Buffalo, New York & Philadelphia Warren & Franklin Railroad Company Western New York & Vennsys Railroad Company Warren & Franklin Estern New York& Pennsylvania Union Terminal Railroad Company Oale N. Y Western New York & Pennsylvania and Company Olds Real Estate Treasuryas Lake Shore & Michigan Southern Philadelphia & Erie R.R TOBB Nec Cceeceesee Hi. Oyens & Zonen Amsterdam Societe de Credit Suisse Zurich Messrs. Zahn & Co Basel Basler Bankverein Basler Depositen Bank Marcuard & Co Berne Neufchatel Banque de E. W. Clark & Co Philadelphitia Maitland, Phelps & Co Messrs. Kessler & Co Buffalo E, Rollins Morse BRO State Street City OF City of St. Louis Blake Brothers NEW York Financial Chicago Markets
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