Try 7 days of FREE access to billions of articles

Start Free Trial

Boston Post in Boston, Massachusetts

We have 4,454,244 pages in Massachusetts

View this page and access billions of articles with a 7-day free trial.

Start Free Trial

This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!

Start Free Trial

Cancel anytime, risk free

Not what you were looking for? Search our billions of articles

Advanced Search

Articles on This Page

This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 22, 1887

Page

6

Money Market Stays Quiet as Rates Hold Steady

The Boston money market ends a quiet week with little change in rates on call loans 6 to 7 percent and time loans 5 to 7 percent. Clearing balances the prior day at 6 percent, New York funds at discounts, and weekly exchanges show a substantial rise from last year. Government bonds hold at 107 108 with wide foreign exchange weakness and notable shifts at Atchison, Atlantic & Pacific, and several other rail and financial equities.

Boston New York Paris Kidder, Peabody & Co Treasury New York City Atchison C. H. Venner Gould Venner Atlantic & Pacific General Sedgwick Albuquerque Democrat Atlantic & Pacific Company Arizona Interior Department Rio Grande New Mexico Wisconsin Central Railway System Wisconsin Central Chicago Wisconsin Minnesota Peersone ST. Croix Cleveland Canton GOSS

Market Report shows steady demand across multiple commodities

The issue notes fair to strong demand for iron copper tin and flour while grains like oats and corn remain firm. Prices for No 2 white oats and wheat on call are given, with extensive grain inspections and weekly Boston port clearances. Fresh fruit shipments include peaches apples pears grapes and citrus with varied prices and quantities.

Dividend Declarations From Companies Include Dunkin Mine

The Eastman Freight Car Heater Company declares a 3 percent semi annual dividend. The Dunkin mine directors announce a 5 cent per share dividend payable Sept 15 to shareholders of Sept 1. With 200000 shares, this dividend costs $10,000 and leaves $15,000 on hand.

Eastman Freight Car Heater Company Dunkin Mine

Market dulls as government and railroad bonds slip

The stock market opened lower and closed near the day’s lows with light activity. Government bonds fell to 4 to 4 percent while railroad bonds showed little feature and declined from last sales. Total weekly bond sales were around 3.47 million, with Cedar Rapids Iowa Falls & Northwestern and Hocking Valley bonds among notable moves. Banks faced a weaker reserve and loan base despite a better than expected bank statement.

Stock Exchange Cedar Rapids Lowa Falls Peoria Decatur & Evansville Lawson & Co

Money markets and stock notes from London and American railroads

London and New York money markets show firmer rates with open market discounts at 2 1 4 to 2 3 4 per cent. American demand for wod diverted to Paris while railroads like Wabash Reading Central Pacific Union Pacific and Denver and Rio Grande show activity and tentative gains amid market jitters.

Aee Ing Alt T. HW Seeee Pac B.& Air L Central Iowa Central Pac Ches Ohio Chi, & Alton Ae C Col. & H.V Del East Fort Wayne Lou. & N Bal Lou Beach Man Central Pacific St. Lo Ohio & Miss Ghiass Weoat Sree Oregon Tn J Pittsburg Reading Rae Rich Eae A Ic & Dan Weave R.& W Roch, & Pitts Rock Island St. L 8. K St. P M&m Toledo & OC Union Pacific Utica & BR St. L. & P. Seer L. E Oregon Tin Eee Pacific Mail BOL Pullman Pa N. W Dbs Yeede Tex L. G B. R. Gi U. O. Nay W. Shore Adams U.soe American Wells Fargo Amador Ontario Ontario Brunswick LG 1.65 Phenix Eae 4.65 Carson D Plymouth Col. Coal Terra Do Ie. Cristo H.coal & Ir Tornedo London United States Atlantic & Great Western Canadian Pacific Erie Illinois Central St. Paul New York Central Paris Stock Exchange Wabash America Central Pacific Denver & Rio Grande

Brookline Selectmen Support West End Railway Increase

At Saturday’s railroad hearing Brookline selectmen corroborated Henry M. Whitney’s testimony from the previous session. Whitney also testified as the session continued into today.

Railroad Commissioners West End Street Railway Company Board of Selectmen of Brookline Henry M. Whitney Whitney

Money on call and mercantile paper rates steady in New York

In New York on August 20 money on call remained easy at 4 to 5 percent. Prime mercantile paper quoted around 6 9 9 and a quarter, with bar silver at 96 1 4. Sterling exchange steady with actual business around 4 80 54 to 4 81.

New York Prime Mercantile Sterling Exchange

Two Boys Confess Fire at Condor Street Spar Yard

Charles Moore age 16 and George O Keefe age 13 confess to setting a fire at Youngs spar yard on Condor street East Boston Friday evening. Moore works in the neighboring pottery and both boys live nearby.

Charles Moore George O'Keefe Young’s Spar Yard Condor Street Boston Moore O' Keefe Spar Yard

Stock Quotations Saturday Opening High Low Close

The opening highest lowest and closing quotations for Saturday were listed, with the closing figures matching those of the same day last year.

Sun

Market summarize for metal trades in 1887

Copper and iron markets hold steady with firm copper prices in London and rising mill activity in iron. No 1 pig iron scarce, plate demand strong, tubes and pipes in moderate demand. Calumet & Hecla reports fire under control with plans to mine and pipe water. London coppers and English stocks show shifts. visible supply July 1887 52,208 tons.

Calumet & Hecla Lake Edge London Cables Messrs James Lewis & Co Europe England France Stock Calumet & Heela Mining Company of Michigan Boston Agassiz Jin London Vivian South Wales Baltimore Gray Forge Belinton Glengarnock Summerlee Gartsherrie Langloan Old Raill New England

Flour and Grain Market Report August 20

No change in flour markets with steady but quiet activity in spring and winter wheat flours. Buyers fill pressing needs at current quotations. Corn remains quiet with limited demand and sales only as needed. Steamer yellow in elevator at 56c and on track at 55c. Oar market unchanged.

Eoum Lee Minnesota Bakers Michigan New York Canada Superior Canada Bush Canada Western Eastern Yelow i

Boston Port Exports and Market Quotes for Aug 20 1887

Weekly Boston exports show butter 387853 lbs, cheese 169028 lbs, oleomargarine 132542 lbs for the week ending Aug 20 1887 with 1883 and 1887 comparisons. Butter market steady in general, West weaker, New York unchanged, Chicago weak. cheese firm with quiet demand. Eggs steady to firm. beans and hay firm to steady. prices for butter and cheese vary by region and grade. oat straw and tallow noted.

Atchison Chicago Dee Burlington & Quincy Union Pacific Mexican Central Flint & Pete Marquette Boston & Maine Boston Winthrop Highlands E. & T. Fairbanks Franklin New York Commercial Bulletin Calumet & Heela London Cables San Diego Land Company Lord Acoustic Telephone Manufacturing Mining Exchange New York Jersey Vermont Cheesh—Northern Choice Il Yeiw Ohio Choice Vermont’choice Northern Sage Llwiltec Choice Canada Michigan Nova Scotia Island New Brunswick West North Long Islands Bristol Ferry Norfolk

Crop report shows fruit yields sharply down across regions

The August government crop report notes apples and peaches in poor to very low condition with forecasts of well below average crops. California fruit output is strong, with high values and large dried fruit prospects, while Florida orange boxes total about 2.6 million. Evaporated fruits dominate the outlook, including raisins and peaches.

New England Middle States Ohio Valley Florida California Franccisco Journal of Commerce

Local Produce Prices From a Market Listing

A market list shows diverse truck demand with prices for onions Maltas tomatoes cabbages beans green corn beets turnips squash marrow carrots lettuce cucumbers and pickles. Prices range from 40 cents to 14 dollars per various units and varieties.

Long Islands

The Norfolk boat voyage carries cargo of potatoes and grapes

The Norfolk boat due Monday ships 250 bbls potatoes and 450 pkgs grapes, outlining its planned cargo for the return voyage.

Norfolk Boat Norfolk

Provisions Trade Flows and Prices at Boston Port

Export volumes and prices for the past week show steady demand for pork and fresh pork meats. Beef markets remain firm with moderate supply and fair demand. lambs and yearlings are less firm due to abundant supply. Prices listed for pork cuts, lard, beef, and fresh meats reflect current market levels.

Eaves Ddiss Vie Sa GwbYec Lord Choice Choice City Tlee Chicago Brighton

Cotton futures firm after open in Liverpool and New York

Liverpool futures opened firm and closed strong with several August to February grades. Spot Upland prices advanced with 7000 bales sold. American sales listed. New York spot opened firm and closed firm. Saturday futures rose 3 to 6 points with 58,400 bales sold. Also notes on petroleum, sugar, and molasses prices and certificates.

Liverpool Uplands Orleans New York Middlig Uplands

Wheat Markets Report From Minneapolis and New York

Wheat opened firmer with No 1 hard and No 1 Northern prices rising for cash and futures. Track bids showed steady advances for old and new crop, while shipments and receipts totals appear for wheat and flour in Minneapolis and New York markets.

Minneapolis Tle New York Minnesota Chicago

Also Mentioned on This Page

Boston Post Philadelphia Cincinnati Galveston Worcester Wichita St. Joseph Denver Omaha Kansas City Indianapolis Duluth Devonshire Street Gity Kor Sate Blake Brothers & CO State Street Boston Stock Exchange BRC IKERS San Francisco Toston la Philadelpma Louis New Orleans Louisville Sac Oimsha Rou Ool J. Joseph Columbu Hertford Memphis Springfield Fichita Salveston Lowell Syracuse York BO Ie Detroit Clevel Jos Harif Oy Tse Othors Atchison and Atchison West End M. A T&s F A& Pin M&b Diego Land Wis Valley Eastman C H Co Lamson Cat & Hee A, T&sf Fitchburg Trac Serene Bonanza Development Montana Cammet Hecla PYAR Debaa Osceola Quincy Se Famarack Aspinwall Eena Res Boston Ewe Ewer Sean Ding Maverick Boston Water Power Weat Bud Land Co Eeee Atlantic & Pac Ewenser Cal Southern Thi Yan Western Ats & Western L. Rock & Bgs Lely Serip Niays & Now Ogdensburg Champlain És L. Champlain Ark Valley Sonora E.s Kan Cal Mt. Diablo Best Belehe Speke Atlantic & Pacifie Teres Bietelle Ophir Boston & Albany Enee Con AFA -Press Wen Meek Boston & Lowell Crown Point Boston & Providenea Eureka Sierra Nevada Pea Chi Bar Quincy Hale & Norcross Utah California Southern Eoenarsensen Central of Mass Central of Ee Cand Com Leve Flint Marq Flint & P Old Colony Bell Telephone Eng Lord Acoustic Burton Brook Gray's Dynamo Catalpa Boston Land Ccc Bois Scandinavia Glasgow Kansas Cephalonia Stockholm Stockholm City Williams Nyack Hudson River Delaware Aspinwall Port Limon Jamaica Baracoa First Consolidated Mortgage Bonds Farmers’ Loan and Trust Company Vondholders Congress Street Devonshire St Boston, Mass Nassau St Baring Brothers & Co British Provinces Foreign Financial Markets NEW York Financial Chicago Markets S.d le Ie Auz Manila Tioilos Belmont Porto Rico Cienfuegos Barbadoes Cuba
Search Courier

Search the Boston Post Today with a Free Trial

We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.

Not Finding What You Were Looking for on This Page of The Boston Post?

People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!

Looking Courier

Browse Newspapers

You can also successfully find newspapers by these browse options. Explore our archives on your own!

By Location

By Location

Browse by location and discover newspapers from all across the world.

Browse by Location
By Date

By Date

Browse by date and find publications for a specific day or era.

Browse by Date
By Publication

By Publication

Browse old newspaper publications to find specific newspapers.

Browse by Publication