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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 23, 1888

Page

6

Money Market Steady As Bond Offerings Grow

Boston money market holds near yesterday's quotes with clearing house balances at 2.24 percent and general time paper 4 to 6 percent. New York funds trade at 5 to 12 percent discount, while government securities firm around 106% to 107% for fours. Daily bond offerings total 650,000 with several issues priced between 128% and 129, and a few registered four per cent bonds at 125. Markets show dull midsummer tone as traders monitor Atlantic Pacific, Union Pacific, and other rail securities amid mixed results and shifting intraday levels.

Boston Clearing House New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah United States National Bank Connor Atchison Atlantic & Pacific Messrs. J. & W. Seligman & Co Union Pacific Morgan Senate California Southern Burlington & Quincy Chicago, Burlington & Northern Chicago, St. Paul & Kansas Mexican Central the Evening Journal Airector Chicago, Kansas New York Railroad Commissioner Lamson London Cables Franklin National Boston & Montana Tamarack Calumet & Heela Kearsarge Osceola Central W.S. Lawson & Co Vanderbilts Lackawanna London Pacife Oregon Northern Pacific Company

Auction Sales and New York Stock Prices Listing

The sale catalog lists stocks to be auctioned August 29 1888 including Union Market National Bank Salem Wakefield Rattan Atlantic Cotton Mills and many more. New York Stock Sales for August 22 show rails railroads and securities with opening high low and closing prices. includes Can Southern Erie Union Pacific Northern Pacific Chicago Burlington and others.

Union Market Nat Brighton New England Mort. Sec. Co Natl. Exchange UK Salem Wakefield Rattan Co McKay Fast, Assoc Atlantic Cotton Mills St. Rr, Co K. C City of Brockton W. L Maine Lynn Boston Det Bay City RR Shares National Car Co Do Mans Nat. Bank Moise Manchester Mills Everett Mills Old Stock Taunton Locomotive Co Shires Atlantic Cotton Mills Pacific Mills Cheshire RR. Co Day Cordage Co American Insurance Co Boston & Binger Steamship Co Pacific Guano Co Chi Kansas & Western RR Maine Cent Chicago, Burlington & Northern RR Kitchburg RR Lowa & Lansing RR New York Blackstone Bank Eeeereeeres Manufacturers’ Bank Maverick Bank Peaeee Ptee State Bank Massachusetts Bank Lange Bank Marinehead Bank Waltham Bank Andover Bank Merchandise Bank Boylston Bank Chicago & West Michigan RR Atchison, Topeka & Santa Fel Manchester & Lawrence RR Waakefield Rattan Co Mckay i Et al Plymouth Cordage Co Franklin Mining Co American Screw Co American Waltham Watch Co National Tube Works Boston & Bangor Steamboat Co Newton Watertown Malden and Melrose Gas Co Id Tele Central Mass

Market snapshot shows mixed farmer commodities and meats

Flour and several grains are steady or quiet with corn in limited demand and cornmeal steady. Butter, pork, and fresh beef are firm while other meats stay plentiful. Sugars steady to active, molasses steady, and farm outputs like hay and poultry show mixed demand.

Market quotes and rates from London session

United States 4s quoted at 181% with Atlantic and Great Western seconds at 8 and Mexican ordinary at 46% in London. Erie seconds 101Ve, St Paul common 74, New York Central 110, Pennsylvania 65, Reading 26, Mexican Central firsts 69. Open market discount on short three month bills at 2 7/8 percent.

London United States Atlantic & Great Western Canadian Pacific Erie St. Paul New York

New York Financial Market Mixed Amid Weakening After Noon

Money on call slid to 1 to 2 percent with 60 day bills near 4.844 percent and demand at 4.87 percent. Stocks opened lower, rallied then drifted, Norfolk & Western preferred led gains while many issues retreated, later recovering modestly. Bond activity remained dull though some issues advanced in late dealings, Reading 4s and others contributing notable moves.

New York Ioan Sterling Exchange Norfolk & Western Richmond & West Point Oregon Missouri Pacific New York Central Vanderbilt Wheeling & Lake Erie Northern Pacific St. Paul Gould Norfolk & Western Preferred East Tennessee Preferred Chesapeake & Ohio Michigan Central New York & Northern Richmond & Alleghany Receipts St. Louis, Kansas City & Northern Real Estate Northwestern Extension Morris & Essex

Rail Road Scheme Gains Fresh Lease Interest

A proposed Adamsdale to War n line shifts terms as Old Colony contemplates a seven percent rental on cost and a Dedham to Walpole link. Medfield officials favor Medfield to Dedham as the best feeder to bring Clinton and Fitchburg passengers into Boston, citing cost parity with current Boston and Albany arrangements.

Adamsdale North Attleboro Plainville Wrentham Warn New York & New England Road Old Colony Company Dedham Walpole New Road Old Colony Railroad Medfield South Framingham Boston Clinton Fitchburg Boston & Albany

Real estate transfers in Suffolk and surrounding areas

Suffolk County records list multiple property transfers and mortgag es across Columbus square Huntington avenue Union park Cortes street Chester square West Roxbury Dorchester Mt. Auburn cemetery and other local streets. Notable deals include George W. Nason to Sarah McGail mortgaged back for 2000 and Lucy A. Bailey to Anna R. Ives for 9000. Aug dates range Aug 5 to Aug 17.

Columbus Square Edward J. Hammond Amelia Folger Huntington Avenue Barthold Schlesinger Alexander C. Hutchinson Union Park George W. Nason Sarah McGail Cortes Street Ellen F. Sumner Albert J. Bamford Chester Square William H.ene William E. Duggan Isaac Hatch West Roxpury Charles H. Homan William A. Folsom Withington Street Edward J. LeGay Edwin Frothingham Cottage Street Henry J. Bartlett Lucy A. Bailey Anna R. Ives Norfolk Street James Tucker William A. Tucker School Street Boston James W. McCrillis Mary A. McCrillis Parry Street Patrick O'Connor Revere Benjamin H. Ticknor James W.J. Parsons Park and Salem Streets Mary L. Hildreth Herbert B. Grifin Washington Avenue

Mortgage transfers on Roxbury Dorchester and Brighton lands

A series of August mortgages recorded to multiple banks and lenders. Daniel Connor to Eliot Five Cents Savings Bank for property on Conant street Roxbury, 2300 dollars. Amelia Folger to Central Savings Bank for property on Columbus square, 7200 dollars. David Whitney to Provident Institution for Savings for Commonwealth avenue parcel, 200000 dollars. Other filings include Draper street Dorchester 2000 dollars, Piedmont street 4000 dollars, Sumner street East Boston 800 dollars, Cottage street Dorchester 1500 dollars, Chester square Ane 18000 dollars, Albion street Dorchester 1000 dollars, Olney street Dorchester 1500 dollars, Eastburn street Brighton 1800 dollars. Each record notes land and buildings in various Boston area neighborhoods and dates mid August.

Daniel Connor Eliot Five Cents Savings Bank Conant Street Roxbury Charles B. Darling Homestead Cooperative Bank Draper Street Dorchester Simeon Marcus Reuben E. Demmon Piedmont Street Amelia Folger Central Savings Bank Columbus Square Timothy Higgins East Boston Savings Bank Sumner Street Boston David Whitney Provident Institution For Savings Commonwealth Avenue Henry J. Bartlett Edwin Frothingham Cottage Street Isaac Hatch Samuel E. Brackett Chester Square William B. Merrill Luther W. Merrill Albion Street George E. Orrok Es Lavender Olney Street John Brennan Clarissa A. Collins Eastburn Street Brighton

Insolvencies Sweep Noted New England and D C Firms

John C. Williams & Co. dry goods dealers of Holyoke Mass have gone into insolvency. D Gosselin boots and shoes of River Point AL has made an assignment. James F Loftus instalment furniture dealer of Washington DC has assigned. Frank E Geer grist mill of Chester Mass will settle through insolvency.

John C. Williams & Co Llolyoke Mass D. Gosselin Boots and Shoes River Point James F. Loftus Washington, D. C Frank E. Geer Chester

Railway Stockholders Meeting Ratifies Lease Deal

At Portland Missouri a special stockholders meeting of the Portland and Ogdensburg Railway ratified the lease to Maine Central. Over 30,000 shares, more than two thirds of the capital stock, were represented and voted in favor. Maine Central stockholders convene tomorrow to decide action, which would close the lease.

Concord Railroad Fitchburg Boston & Maine Old Colony West End Railway Frenchman’s Bay San Sullivan Harbor Land Sullivan Railway Stockholders’ Meeting Portland Sprerau Portland & Ogdensburg Railway Maine Central

Coal Combine Formed In Kentucky And Virginia

A coal combine was formed near Louisville with about 3 million dollars in capital and 14 900 acres of coal land. Key properties include Jellico Mountain Coal and Coke, Jellico Mountain, East Tennessee, and Proctor Coal companies. Outside acreage totals 53 730 acres in Bell county near Pineville, plus 30 000 acres in Virginia and 23 780 in Bell county. Investors largely client of H Soneheim of Philadelphia.

Louisvituck Kentucky Virginia Galt House Bell County H. 5 Soneheim Philadelphia Jellico Mountain Coal and Coke Company Woodbridge Jellico Mountain Coal Company East Tennessee Coal Company Proctor Coal Company Jellico Pineville

Salem Lead Company to Close Up

Salem stock holders meet and vote to sell the property and close the lead company. The Salem works were partially burned June 14 and not rebuilt due to slim profit. The committee’s report was accepted. The firm, organized in 1868, had conducted large business.

Salem Lead Company Salem Sprcrau

Pearline Soap Ad Warns Against Resin Stainwear

A vintage notice warns readers to avoid washing clothes with old fashioned resin soap Pearline, suggesting safer modern alternatives for stain removal and fabric care.

City horse market shows mixed week with brisk sales

In the worst month for horse sales, dealers report varied conditions. Walker's bazaar moved 125 head in two days with top roadsters reaching 400 dollars. Moses Colman & Son's sold well, with drivers at 400 and other stock around 200. Other houses posted broad ranges from 50 to 600 along with several notable prices for ponies, mares, and pace horses.

Walker’s Bazaar Moses Colman & Son Isburgh & Co Russell JH Brockway Kansas City Welsh & Hall International Horse Exchange Harris & Son C H & E Snow

Chicago Markets Open Then Waver as Wheat Leads Decline

The Chicago markets opened with heavy selling in the wheat pit, then firming on active trading before weakening again amid local buying of September options. Cables showed weaker sentiment with better weather. corn and oats remained dull but steady, and pork futures rose on local demand. Official hog receipts and tomorrow’s car-lot estimates were provided, along with numerous quoted futures across wheat, corn, and oats, reflecting a cautious market tone.

Farnum, Reardon & Co A. i Gsiga Nia OaTts

Market Reports Show Mixed Grain Prices and Quiet Trade

Receipts and shipments across St Louis, Detroit, Toledo, Minneapolis, New York, and Chicago reveal a weak to unsettled tone. No 2 spring wheat and corn show steady or slightly lower bids, with oats and rye softening. spot prices list mixed wheat, steamer yellow corn, and various oat qualities, while demand remains limited and near-term activity dull.

St Louis Milwaukee Detroit Toledo Minneapolis New York Nos. c Chicago Lcar Daimai Grauam Flur Ilieea Canada Bush

Boston markets flour and grain prices August twenty second

The column reports firm domestic flour and grain prices for carload lots, with spot market quotes across grades from fine to patents. It notes strong demand and small stocks, with New York and Chicago receipts and shipments detailed, including intercity price ranges and export activity in various flour types.

Market quotes for butter cheese eggs and produce in New York and Liverpool

Butter prices hold firm with Western creameries at 21c and some at 22c while Eastern and Vermont grades show mixed demand. Cheese and eggs move slowly with New York steady and Liverpool quoting cheese at 45s 6d. beans, grass seed, potatoes, poultry, and various hay markets show varied activity and steady to firmer prices in overall wholesale trading.

Vermont Vermont Dairy New York Ohio New Hampshire Michigan Nova Scotia Issee New Brunswick Re Island California West North Redtop Jersey Bristol

Fruit market notes steady supply and varied prices

Air remains unchanged as trade stays quiet and markets remain well supplied. Native sweet boughs fetch 2 250, Astrachan 2 225, Williams 2 278, common to good 1 2, Gold sweet 2 25. Efficient cargo sold: Messina lemons 7 2c 390, Palermo lemons 50c 34 75, Catania lemons 60c 31 55 per box. Local market quiet with Palermo oranges at 6.

Williams Crane+s and Lemons Harris & Co Messina Paermo Catania Palermo

Also Mentioned on This Page

Ross Amory D. Wainwright Bell Telephone Erving A. Evans & CO State Street Boston Stock Exchange Allouoz Icvee Atholg Atlantic Bonanza Development E . iv Calumet & Hecla Ya Catalpa,.s Huron E.eeeres Land Companies Aspinwall Aes Seereeeere Boothbay Froston Eeaecseseversees Boston Water Power Boylston Street Serseees Brookline Campobello Cerereseeees Payson Penobscot San Diego Ceee Topeka Winthrop Wollaston At. & Pac L. G Kan. & W W. Mich Si. C St. P Tre. & Elk. H Kk. C N.Y N. E Jae Ee Iene Do P. D'O Oregon S. L Do Inc Pueb, & A.V Sonora Atch Atlantic É Pacific Bog Poston & Lowell Boston & Providence Cal. Southern Sass Col Flint & P.M. Com Cys RK. C Seeewe . A Ch. & Stee K.C Mom L. BR Et Sic St. le N. Y New Eng Rutland Summit Branch Wy Eastman Lamson Store Service Co Pullman Palace Williams & CO Mining and Stock Exchange Cen Ho P T. G Gaec Ace Oe U. Gs Nod C. Int N. Pac N. W M. Dei Larekhe O& C Tex. P. L.G Tex. P. RE. G U. Vac Iw. Shore Adams U.5 Eee American Wells Fargo Amador Plutus Builion Proustite Col. Coal Quicksilver Con. C. & Va Santiago iSutter Creek Tenn.c Ontario ATS& F Bell Tel Ee Erie B& Mont Cal & Hee Jamarack Godlo Fu&pmp Fls& Mem NY & See Sapotpaai Gil West End At&s Col So Inc CBE A&ne South Kansas Inc Lamson SS O' Erie Kan’ S Bay Winthrop Land Iy Ranklin Egatsateo A&p Bé& M C.by&n Buchburg M & Ishm Creedeees Wis Ted Bonanza le Security Breece South Side Bruns. G Catilpa Crescent Ov Winthrop Wy Burton Everett Eureka Hung Pontiac Ale Fsa & Shares First Nat. Bank Asiatic N. Bank Douglas Axe Mfg. Co First Nat. Bk Franklin Co Lewiston Flint Mills Fall River Do West Nd St Lui Nye Air Pacific Air Line Enee Sac Iowa Central Pac Che Ay & Q Ms L.& P Lee Evie Fort Wayne Howking Valley Mt Va Houst Texas Bi Central Wises Kings & Aes L&w Lake Shore Man Beach Ae & St. Leeee Biren Lis M Pares Aie Seeenee Nash Northwestern Wnee Ee Ener Pean Gy W. P Rock Island Cen . Oe Lot Rome Sau Sul Texas Pacific U Pacific Utica & B.R 1. E Vaciio Mail Ty Bel Aerer Nat Wim Union American Oil Foreign Financial Markets NEW York Financial Railroad News Suffolk County City Horse Market Chicago Markets Boston Markets Minnesota Canada Superior Canada Roller City Mills Banana Steamers Balder Baracoa George H Harding
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