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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 28, 1887

Page

6

Money Market Gains Steam Across Banks and Stocks

Boston April 27 reports firmer money market with double-name paper at 4 5 percent and single names 5 6 percent. Clearing house balances varied while New York funds traded near par. Stocks rose with Atchison and California Southern gains, rail and electric utilities seen strong as dividends and earnings rise, including Boston & Maine and Osborn Mills.

Boston New York Sterling Exchange Atchison Kansas Missouri Texas Atchison, Topeka & Santa Fe Indian Territory Baltimore & Ohio California Southern Union Pacific Oregon Transcontinental Oregon Navigation Oregon Flint & Pete Marquette Little Rock Boston & Maine Eastern Boston, Concord & Montreal Northern Concord Railroad the Journal Concord Manchester & Lawrence Concord Road Manchester & Keene Pullman Palace George M. Pullman United States Circuit Court Philadelphia Central Transportation Company Pullman Company New York & New England James W. Perkins New York & New England Railroad Company New England Road Bim V. Warre The Erie New England Exican Central Wisconsin Central Chicago, Kansas & Western Southern Kansas Bs Ogdensburg Fitchburg Advanced Troy New England Telephone Company

Bond offering for Chicago, Burlington & Quincy Railroad bonds

The Chicago Burlington and Quincy Railroad announces a mortgage bond issue to fund up to 1500 miles of mainline plus a second track allowance, capped at 20 million dollars per mile, with 12 million planned for 1887. Bonds bear 4 percent interest, payable semiannually, with delivery anticipated May 2, 1887. subscriptions open April 26 to 29, 1887, at 98 plus accrued interest, and may be paid 10 percent on allotment, 50 percent by June 1, and the rest by August 1. Berlin emission also planned.

Chicago, Burlington & Quincey Railroad Company Nebraska New England Trust Company of Boston Kansas Colorado Dakota Wyoming Chicago, Burlington & Quincy Railroad Company Mayland New York Berlin Berliner Handels Gesellschaft

Financial houses and date listed for 1887 letters

August Belmont and Co of New York Lee Higginson and Co of Boston Kidder Peabody and Co operating in New York and Boston dated April 26 1887.

August Belmont & Co New York

Semiannual Dividends Payable in May 1887

Compiled for the Boston Post by Joseph G. Martin stock broker. Lists dividends and interest payments due in May and November in Boston with some payable in New York. Notes forthcoming declarations by Essex Company Mercantile Marine Insurance Co Stony Brook and Wilton railroads. Coupons due May 2 and payable in New York on several Michigan Central and related bonds. Detroit & Bay City 8s and Northern Pacific Missouri division also noted. City of Boston has no debt maturing in May or November. The disbursements.

Boston New York Essex Company Mercantile Marine Insurance Company Stony Brook and Wilton Michigan Air Lines Michigan Central Air Line Consolidated Kalamazoo South Haven Detroit Bay City Ersten Northern Pacific Missouri Division Hoston Saloa Pullman UN Pac At & Pac K&w Denver Elk H River Ste N.Y B.e Q Quincy Aspinwall Kant ‘Ity, Pring & 3 Boston Land Boylston St la Sabe Pac Raneas Pate Eee Co Mort Lynn Lynn & Bos Lynn & Los San Diego Sag St. Louis Weat B& Alb C. Ees B& Mo CalBo Mass Fitchburg M&b JiRey Cook Co N.Y Mex Ny&n Rutland Summit Br Louisville Ky Lowell Bell Telephone New England Manchester Erie Aspinwall Land Brookline Land Wingee East O. Ee Portland Frenchman’s St. Louis Toledo Atlantic & Pacific Eastern RR Mexican Central Boston & Maine Boston & Prov Concord New & Neland Montreal Wisconsin Central Long Island Man Lawrence Maife Nashua California Southern Central Mass Somerville Cleveland & Ganton S.c Boston Belting Co Chic Bar & North Eeseues Yee Columbian Bur & Quincy Lowell Mach Chie & West Michigan OUI Manufacturing I Cin San & Cleveland Bees Deeesae Sectes Flint & Pere Marq Mary, Hough & Ont Lombard Invest Usbment Security Mort New York & New Eng Mas. & Hain McKay Metallic Old Colony N.E Oregon Osage Carbon Co Igs Union Pacific Pal Patna Nail Co Allouez Bonanza Montana Uviumet & Hecla Franklin Huron Trenton Lion AVRIL Napa Osceola A& Pine Atlantic National Bank National Bank of Commerce Merchants PAB Bank Boston W P Exchange National Bank Eagle National Bank West End Land Ao At & Pac Wrens Taha Suffolk National Bank H& Alb Tremont National Bank K&l Sean Gloucester National Bank C& M Boston National Bank Goly C Eliot National Bank Columbian National Bank Ny&ne Shoe and Leather National Bank Val Shia State National Bank Sae Arereet Psc Abe Weh Hills O Blackstone National Bank U Pac Hide and Leather National Bank National Oa Hne Pry Cal Massachusetts Cotton Mills Ho Inc Lawrence Manufacturing Co Ke& W Ha Vepperell Manufacturing Co Lancaster Mills Wastern Gs Lowell Manufacturin Massachusetts Cotton J Tills Naumkeag Meecotton Co Douglas Axe Co Ipeas Sonora Weedon Id Colony Ene So Kan Vermont & Mass Saco & Portsmouth Lamson Alloues Geet Rutland Railroad Hidyoke Water Power Franklin Suo Jamaica Plain Gaslight Co Turow Clgie E-Aia Boston Gaslight Co Trenton - Ae Showalter Mortgage Co Uiney Sas Winnisimmet Company Aspinwall Sd Boot and Horton Land Burl, & Mo Neb Ae Sane Tia Southern Pacific Brookline Lind Ou Consolidated RR. of Vermont Kala, Allegan & G. Rapids Acne Frenchman’s Bay Oso Maverick Land San Diego Li People’s Natl. Bank Roxbury Howard National Bank West End Massachusetts National Bank A. T&s Este Freeman's National Bank Lilly Andover National Bank B& Albwees Ansees Webster National Bank Toe B&em Oe Eh LG Camb H Oy Old Boston National Bank Aes Be Conn & Pass State National Bank Ereensee Clown Nashua Manufacturing Co Ene Ae Hill Manufacturing Co C8&c Pees Renewes Gui Oe Bates Manufacturing Co Bet Sae C Re& Q Continental Mills Miss Atlantic Cotton Mills Kaepm Ho Seepsesh Boston Lead Co Steee M& Dy Manitoba Naumkeag Steam Gotton Co Pepperell Manufacturing Co M&s Ee Dod Naum Cambridge Horse Railroad F. M Codcord Railroad A&pine Boston Atheneum Crear G ‘al Soine K& W Douglass Axe Co B &Q McKay & Bigelow Boston Athenaeum Aee Wellfleet Marine Insurance Co East Boston Chicago, Burl & Quin SF Tee Essex Railroad At & Pae Top Santa Fe Top & Santa Fe Cll A. Bod

Market closes firm after active trading on April 27

Stocks opened modestly higher and overall advanced slightly before slipping, then recovered with a steady gain in the final hour. Bond sales totaled 1.519 million with rail and oil shares showing mixed moves. declines hit St Paul & Sioux City and Morris & Essex while Detroit Bay City Alpena and other issues posted small gains.

New England Louisville & Nashville Jersey Central Richmond & West Point Atlantic & Pacific Detroit Bay City & Alpena St. Paul Sioux City Morris & Essex Milwaukee, Lake Shore & Western Wabash & St. Louis Division Ohio Southern

Money on Call Rates and Bond Market Snapshot

New York reports easy money on call with loans at 3 to 5 percent and last loan at 3 percent. Prime mercantile paper stands at 5,514, rear silver at 9614, and sterling exchange quiet but steady. Government bonds show dull activity.

New York Prime Mercantile

Real estate transfers in Suffolk and surrounding towns

Suffolk County transfers show William H. Roundy and others selling parcels on Clarendon Beach and Roxbury streets to various buyers for nominal sums, with several properties mortgaged back. Transactions span Dorchester East Boston Chelsea Reverf and Winthrop areas with payments ranging from 1 to 25 000 dollars and dates in April.

Suffolk County Clarendon Street William H. Roundy Christopher J. Spenceley Beach Street David G. Haskins Simeon Marcus Beach and Utica Daniel L. Demmon Utica Streets Samuel W. Creech Landee Roxpury Charles S. Plumer Maria C. Plumer Sewall Street Richard Nichols Elm Hill Baptist Church Crawford Street Joseph H. Cannell William C. Fowler Highland Street Cyrus Hapgood John KH. Blakemore Samuel B. Edgeworth Bellevue Avenue Dorchester Mary Ann Paine Marianna Paine Adare Street Rostinpale Sarah A. R. Marshall Catherine E. Hodgdon Reynolds Street Boston Johannah Scanlan Frederick W. Shields Vorter Street George MacCarthy Chelsea Jessie A. Wilkinson Robert 5. Ball Et Ax Medford Street John B. Guelpa Frank C. Dorn Carroll Street Augusta J. Ballou Charles L. DeLaite Franklin Street Mechanics’ Cooperative Bank Wisimor Louisa H. Wellman William ZL. Wellman Syren Street

Mortgage filings list multiple Boston area properties

A sequence of recorded mortgages dated April 8 and 9 covers properties in East Boston South Boston Jamaica Plain Horchester and Revere. John Healey to Joseph A Laforme on Sumner street. Sarah F Lang guardian to John Cleary on KE street. Paul Lincoln to Franklin Savings Bank on Green street. Francis H Lord to Charles H Pratt on Norfolk street. Simon J Riley to Rollin H Allen on North Margin street. Edward M Toppan to South Weymouth Core Bank on Pearl avenue.

John Healey Joseph A. Laforme Sumner Street East Boston Sarah F. Lang Guardian John Cleary KE Street South Boston Paul Lincoln Franklin Savings Bank Green Street Jamaica Plain Francis H. Lord Charles H. Pratt Norfolk Street Horchester Simon J. Riley Rollin H. Allen North Margin Street Edward M. Toppan Weymouth Core Bank Pearl Avenue Revere

President seeks to settle land dispute between Miller and railroad

President Cleveland asks the Interior Secretary to intervene in a dispute over land ownership near Guilford Miller, a settler since 1878, and a railroad company. The Interior Department had withdrawn vast tracts since 1872 to aid the railroad, countering Miller’s homestead claim, and the President urges restoring Miller to peaceful possession by releasing the lands.

Washington Cleveland Secretary of Th Interior Guilford Miller Miller Homstead Penn Interior Honstead United States

Huntington testifies on Pacifi Railroad expenses and schemes

New York April 26 Pacifi railroad committee hears Mr Huntington as the first witness. He details construction and alleged insolida tion with rivals. He cites high salaries for counsel and large sums for explaining to the public and Congress. He references 6.1 million dollars spent on legal and miscellaneous expenses from 1873 to 1885.

New York Pacifi Railroad Myr Congress General Finchot M. Huntington Legl Washington Richard Roe John Doe Pattson

Maritime Bank Shareholders Hear Asset Liabilities Report

At the St. Joan meeting the provisional liquidators presented the bank’s assets of 2 142159 with many deemed bad and liabilities at the same figure. President MacLellan blamed the Stewarts for deceiving him amid suspicions large credits to the Stewarts, Guy Bevan & Co., George McLeod, and other big firms triggered the insolvency.

Maritime Bank St. Joan N. B Knight MacLellan Stewarts Guy Bevan & Co George McLeod

Cambridge Aldermen Veto Brattle Street Sidewalk Plan

At a Cambridge board of aldermen meeting last evening the mayor vetoed the brick sidewalk project on Brattle Street and the veto was sustained five to three, with the matter recommitted. Nominations for registrars of voters and police officers were confirmed, and Bullard and Howard were elected sinking fund commissioners. Draggists licenses of the sixth class were debated, and a list of suitable recipients was to be reported. A horse belonging to George Hall of the Adams House was killed in a collision on Beacon Street. another horse in the team was injured and had to be killed.

Cambridge Board of Aldermen Brattle Street Isaac Bradford James Cox Patrick J. Hurley John J. McBride John C. Bullard George H. Howard George Hall Adams House Collisson Torrey Beacon Street

Also Mentioned on This Page

Money Market Supreme Court Lewis Coleman Boston & Maine Railroad Osborn Mills Company Fall River Devonshire Street Kidder, Peabody & CO Nassau St Foote & French, Barkers Congress Street St. Joseph & Grand Island Fitchbars Railroad Asa P. Potter J. W. Work Wilson W. Fay & Co State Street RIL California San Fra eCrisco Alia Mount Diablo Fe Belcher Popria Racy el Ataelak Cs Bay Ty Con Cal. & Way Savage Crown Point Sierra Nevadas Eureka Inion Sahbiehy Ee Gould & Curry Utah Hale & Norcross Yellow Jacket Foreign Financial Market London Atlantic & Great Western Canadian Pacific St. Paul Common Pennsylvania Paris Chicago, Burlington and Quincy the New England Trust Company Careaco, Bur- Lineton & Quincy Railroad Company Ee Ee Boston Post Joseph G. Martin Anscontinental First Iobeeaea Farmers’ Loan and Trust Company Buckfield Rumford Falls National Bank of Redemption Boston Stock Exchange Ing Alt T. He Air L Iowa Pac Ches Ohio St. L del. & HL Ie Ir Den Gao Erie East Ten Eabieien Slig Lake Shore Kas. & Tex Lou Man. Beach Man. EL Memphis & Chuy Mich Central Wilae Pacific I A. Nash N. Y Ohio & Miss Aebbee Sace P Pittspore W.P Rock Isla Tiel Anne Tans St.p Texas Pacific Union Ae Utica & Bs Ballye Land and Miscellaneous Companies Oregon Imbbbo HY I. Hs Pacific Mail Pullman Pal Union Cen P. Eee D& KG P&p My. i. Yeats Itex. P. L Tex. P. R. G C O Nay Inis Adams American Wells Fargo Amador N. Belle Isle Alg Odie Ontario Col. Coat Agy Plymouth Cald Va Quicksilve Terra Vet Cristo Hy Bu Santiago Tielena O Nevada Jloine de W Jron Stanislaus Martin White Mouo NEW York Financial MR. Huntington Pacific Railroads’ Investigatig Committee Cambridge Aldermen Medical Humphreys Humphreys' Medicine CO Fulton St. N.Y Humphreys’ Medicine Co Fults Fulton Humphrey Fulton
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