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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 27, 1886
Page
3
Boston money market shows steadier funds with little rate change, good paper at 7 to 7.5 percent, call loans 7 to 8 percent, New York funds at 20 to 25 cents discount. Stock market dull, New York & New England leads gains amid bullish chatter, Manhattan-style deals anticipated, and railroad earnings and bonds show varied moves.
On August 26, bond sales and closing prices are listed for numerous issues. The table shows par values, bid and ask levels, and percent changes across railroads, telephones, mining firms, and other sectors with notes on ex-dividend status where applicable. Key entries include Norte Mex Cen, Oregon, Union Pacific, and New England stocks with varied quotes and volumes.
Report lists multiple stock items and prices from Winson W Fay & Co Boston. Items include American Elec Mfg Co Boston Water Power Toledo Cincinnati St Louis SC Crescent Kensington Chair Bonanza Godfrey Seamless Pocket McKay Heeling Mach Bowman and others with quantities prices or lot numbers.
Money on gall ranges 3 to 7 with a last loan at 5 and closing at 4. Prime mercantile paper 4 5. Barsilver 9244. Exchange weak and unsettled. Active business 4,503 with 60 day bills at 4.81 and demand at 4.83 to 4.84. Posted rates 4.81144 to 4.844%. Government bonds dull and steady. railroad bonds generally heavy. Stocks largely dull with New York & New England surprisingly strong, closing near opening. Transactions totaled 118,305 shares including Canada Southern, Denver & Rio Grande, Louisville & Nashville, Missouri Pacific and others.
A fragmented list shows numerous rail and utility stocks with mixed prices and preferred issues. Names include Adams Express, Ontario and Western, Union Pacific, Denver and Rio Grande, Central Pacific, Lake Shore, Chicago and Alton, and Wells Fargo Ex, among others, with various percentages and notes on preferred shares and coupons.
San Francisco August 26 official closing prices for mining stocks listed. Top performers and declines noted, with major copper and gold mining firms leading activity in today’s market. Trading volume and percentage changes omitted due to incomplete data in available text.
A Poughkeepsie despatch reports the Poughkeepsie Bridge Company mortgaged to the Mercantile Trust Company of New York for 5 million dollars. The loan secures a bridge across the Hudson and all current and future company properties to back 6 percent bonds due fifty years from August 1, 1906, with a Kingston recording to follow.
Elijah Smith president of the Oregon and Transcontinental Company reports strong outlook for Oregon and California crops. He notes large crop potential, limited damage west of Bismarck, and Burlingame prospects. He questions Union Pacific's future due to competition and legal limits on expansion.
An effort to shorten travel time between Boston and St Louis is planned. The Boston and Albany train arriving at 9:35 a.m. Sunday brings passengers who left St Louis Friday night. On weekdays the arrival is 2:50 p.m. via this line or the Hoosac tunnel route.
The report details Lake Shore and Nickel Plate six month surpluses totaling 803548 with a six month stock balance of 303543, along with interest allocations and surplus comparisons to June. It also presents Pennsylvania Railroad earnings by region east of Pittsburg and Erie and net gains for New York, Lake Erie & Western including nine months totals and July gains, noting Erie lines excluding leased line show revenue increases and net gains.
It reports Baltimore & Ohio cutting eastbound rates from St Louis. Boston and Maine passenger section to run excursions to White Mountain next month. Cyrus W Field rumored to be in Canada and the Pacific coast. A railroad man says he travels to Canada to evade a traffic pact between Canadian Pacific and Manhattan elevated. Little Rock Fort Smith and Texas Railway files articles of association with capital of 5 million dollars, routing Hackett City to Little Rock over 150 miles. Annual Boston New York excursion set for Sept 30 at five dollars. Several rail earnings figures for third week of August and year to date for Wabash Louisville and Nashville Canadian Pacific Chicago and Aston Oregon Railway and Navigation.
Suffolk County entries detail transfers from Eliakim Darling to Henry Wyzanski on North Margin street and numerous parcels on Boylston, Smith, Dale, Cowper, Shawmut, Poplar, Summit, Bennett, Temple, Ashland, Albion streets and surrounding wards. Also record Roxbury West Roxbury East Boston South Boston Chelsea deals by various buyers to banks and individuals, with dates in July and August and prices ranging from 800 to 10000 dollars.
Samuel Little and others discharge mortgage for William W. Cook dated July 8 1886 for 1100. Oren S Knapp and others discharge mortgage for William P. Hunt dated Dec 2 1880 for 2500. William Kittredge discharges mortgage for Nathan G. Greens dated July 26 1883 for 1549. Samuel Stillings discharge mortgage for Cora B Knowlton dated Oct 1 1883 for 8000. David H Blaney and others discharge mortgage for Henry Snow dated March 27 1872 for 2300.
A public exhibit showcases unusual natural freaks while Dr. R. V. Pierce of Buffalo presents the Golden Medical Discovery. The remedy is claimed to purify blood and treat ailments from pimples to ulcers, promising relief from scrofula, eruptions, and swellings through druggists.
The flour market remains firm while corn and oats show dull activity. Rye and malt hold at prior quotes, butter shows strong demand across grades, eggs improve slightly, potatoes are in good demand, peaches and sugars demand are robust, and tallow lard cheese seeds hay and other commodities show steady or unchanged prices with a general steady market.
Week ending Aug 26 shows 7428 bales domestic and 937 bales foreign wool at the port, with year prior figures 9710 domestic and 126 foreign. Market remains quiet with firm prices, interior markets steady, and buyers holding for full rates as demand shifts to September trade. extensive price lists from Boston, Philadelphia and New York reflect varied regional strength, while forecasts point to larger September activity and continued cautious optimism.
Flour and grain markets show firmness with steady sales and buyers’ advantage. Oats bid 36 to 37 cents, settlements at 36 to 37 cents. old oats dull. new vats fair. Weekly inspections list numerous wheat, corn and rye lots. export wheat trends from Atlantic seaboard discussed with London demand.
In the butter market today prices are firm with fair demand for all grades and quick demand for fine butter. Cheese remains steady while egg demand improves and fresh Eastern eggs rise modestly. Other items show mixed activity including potatoes, beans, and poultry with tallow steady. overall wholesale receivers’ prices listed across dairy, produce, and pantry goods.
A steady trade for pork and hams with lard in fair demand and firm prices. Fresh beef largely unchanged, veals and lambs steady, mutton quiet. Pork and lard price ranges span long cuts to backs, with specific figures for tongues, mess, roasts, ribs, sausages, bologna, hams, shoulders, and pressed varieties. Beef items show extra plate, late and extra family, extra mess, and beef hams with stated per barrel or hundredweight pricing.
The notice lists prices for gas steers and a range of fresh meats including heavy spring lambs, Brign ton mutton, Chicago mutton, yearlings, lambs, Eastern mutton and veal. Prices are given per unit with quality descriptors from poor to fancy and ranges from 4 44¢c to 12 17iec.
The market shows softer cotton with mid uplands at 9 1/4 to 9 1/2 cents and near 8 to 8 1/2 for lower grades while Liverpool futures opened dull and closed steady around 54 to 64 pence for nearby and deferred months. Sugar refined prices firm with various grades quoted, and petroleum shipments from Philadelphia reach over 3.3 million gallons last week.
Bureau of Statistics reports July 1886 exports 52 782 707 dollars and imports 55 530 709. For twelve months ended July 31 1886 exports 686 555 499 and imports 641 852 273, yielding a surplus of 44 703 226. Gold and silver figures shown for July and year.
New York reports weak flour with high receipts and varied prices for different grades, while rye flour holds firm and oats and barley show mixed moves. Milwaukee, Cincinnati, Toledo, Chicago, St. Louis and Detroit show softer wheat, firmer rye, and mixed provisions with specifics on receipts and shipments.
Net receipts and sales mixed across major ports with quiet to steady tones. Augusta shows modest activity while New York and New Orleans report varied gross and stock figures. Consolidation shows six day totals with exports to Great Britain, France and the continent and United States port stock at large.
Cattle receipts 12 200 lower with shipping steers 360 to 419 stockers and feeders 220 to 230 cows bulls and mixed 150 to 340 bulk 280 through Texans common to good 250 to 350. Hogs receipts 13 500 lower rough and mixed 390 to 450 packing and shipping 450 to 493 light 3 780 to 465 skips 250 to 350. Sheep receipts 4 000 shipments 1 200 weak natives 2 1 West 3 440 Texans 175 to 300 lambs 1 0 470.
Chicago dispatch reports Nat Jones led a bear raid advancing October corn to 43%¢, pushing November lard and widening eats as bears closed October wheat at opening level. Packers benefited from shorts in September lard while shipping inquiries remained solid and war news tempered bulls. Curb closing firm across grains.
Beerbohm notes cargoes off the coast with wheat firm and fair demand. Wheat prices in London steady to firm, corn mixed with Western values steady and some firmness in club wheat. Liverpool spot wheat easier, corn firmer. various prices listed for wheat, corn, pork, bacon, cheese, lard, tallow. Havana sugar shows higher activity with large sales of centrifugal sugar priced in gold per quintal.
London on August 26 reports consol prices at 100 15 16 with United States bonds at 112 3 4 percent. Atlantic and Great Western seconds quoted 154, Erie at 33 1 2 percent, do seconds at 103.
Shipping notices from Liverpool Cadiz Annapolis and Parrsboro list vessels and cargoes including Andrew Jackson 1200 tons salt Warren & Freeman. Maria Heyn 440 tons salt. New Brunswick 1 barrel apples 1 horse. multiple consignors delivering eggs, butter, fowls, lobsters, ice, and codfish. Details include schooners Herad 169 tons coal and Chari3s 2500 qdls codfish with various firms and owners.
The report lists multiple vessels and cargoes from ST JOHN New Brunswick to Antwerp and London, detailing boxes, bales, and cases of flour beef pork lard oats and other goods. It notes steamers Marengo New Brunswick Boston City and Addie John with various commodities including biscuits, fruit, dairy, and meat, reflecting a busy mid 19th century trade.
A compiled list shows Boston and Albany, Grand Junction, Boston and Providence, Old Colony, New York and New England, Fitchburg, Boston and Maine Eastern and Western divisions, Boston and Lowell, and By Express and By Sea transporting varied quantities of cotton wool flour oats corn beef butter eggs leather pelts and other commodities on Thursday August 26. The dense manifest records bales, cases, pounds, and cars across multiple depots and routes.
A table details today’s total receipts of principal staples from all shipment points for Aug 26, comparing with the same day in 1885. Items include cotton, butter, eggs, flour, meal, beans, corn, oats, wheat, potatoes, hay, malt, lumber, leather, beef, pork, bacon, coffee, sugar, molasses, and more with quantities in bales, boxes, bushels, barrels, bags, and other units. Strong entries note large grain and produce totals and year over year changes.
A long list of lawyers, firms, and agents is noted from cities including Aberdeen Mississippi Atlanta Georgia Augusta Georgia Cincinnati Ohio Chicago Iowa COLUMBUS other states. The entries name individuals such as W G Elkin A W Force William Mulherin J A Gouley Wolff P Aware George M Daum William H Laws Joan Aliomong John Gates George T Cowen M A Stratton O F Wilson J T Steiner A B Lancaster F McGill J E Lutz W G Morrow A Branat Eckenrode Nettleton J Harah and others associated with firms like Elkin & Sykes Selz Schwab & Co William H Laws & Co J & A Simpkinson & Co Geideman & Home Gardner Hooper Morrow & McNary A mix of ads and business associations noted across many towns.
Detailed timetable listings for Framingham Marlborough Southborough Northborough Berlin West Berlin Boston and suburban stations with multiple departures and returns. Includes Sunday trains to Newton Lower Falls Wellesley Hills Newton Highlands and Brookline with specific times and holiday patterns. A. Hanson and E. Gallup sign as General Passenger Agent and General Superintendent.
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