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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 02, 1887

Page

6

Money Market and Rail Stocks Hover in December Trading

Boston opens steady with bank discounts at 6 percent and Outside papers at 6.5 to 7 percent. Treasury and New York exchanges show declines from last year, while rail stocks like Atchison and Rutland move amid tariff and consolidation news. Major rail deals include Rutland’s sale to Delaware & Hudson and related price debates.

Treasury debt recap reveals assets liabilities totals

Washington December 1 summary shows interest bearing debt totals of 1 041 761 542 00 with bonds at various rates and a large amount in gold and silver certificates. Total debt after cash items and reserves stands at 1 295 441 753 86 with net cash 380 574 906 56. Further notes include Pacific railroad bond obligations and public debt figures with assets and liabilities itemized from US treasuries and banks.

Pacific Railroad Tplgloss Eiselyea Treasury United States Transportation Service Jonds Oasis Wee Ees Department U. S Post Office Department Treasury U.S D. C National Bank Ee Nations District of Columbia

Bank of France Gold Declines and Silver Rises Noted

Bank of France reports a decrease of 3 225 000 traics in gold and an increase of 676 000 trance in silver. The shifts reflect asset reallocation in precious metals during the period.

Bank of France

London stock market closes with mixed Consols and US bonds

London and Paris financial wires report Consols at 1035 16 for money and 102 for the January account, US bonds around 48 129 percent and 44x 110, Atlantic and Great Western notes quoted, Canadian Pacific and Mexican issues active. Bank of England bullion rose £77,000 in the past week, reserve ratio up to 48.04 percent from 45.23. Paris market follows with weekly statement.

Boston New York United States National Bank Sterling Exchange Continental Reichsmarks Treasury Atchison Chicago, Burlington & Quincy Chicago Colorado Missour River Wabash Burlington & Quincy Bay Illinois Transcontinental Association Pacific Coast Canadian Pacific Pacific Mail Kansas City Clinton Springfield Detroit Lansing & Northern California Southern Atlantic & Pacific Chicago & West Michigan Summit Branch Mexican Central Cleveland & Canton Flint & Pere Marquette Jackson Lansing Lansing & Saginaw Grand Rapids & Indiana Gilnne & Lieclaisin Company Wisconsin Central Wisconsin Central Railroad Company Wisconsin Central Company Boston Safe Deposit and Trust Company Farmers’ Loan and Trust Company Okl Henry F. Spencer State Street Charles L. Colby Epwin H. Apper Colgate London L’arts Bank of England Paris Lake Superior Mineral Range Railroad Messrs. Staynor and Ives Hancock & Calumet Osceula-lamarack Central Railroad of New Jersey New York Stock Exchange Fox River Construction Company Capital Wisconsin Oshkozh Wisconsin River Berlin Louisville & Nashville Railroad Huntington W. Va Louisville A. A. Allen Denver & Rio Grande Western Road Fitchburg Jimma Alfred J. Heath Washburn Shute New “Soo St. Paul Canadian Pacific and Eastern Railways Minneapolis Boston & Lowell Montreal Portland Halifax North Atlantic Hopkinton Mass Milford & Woonsocket New York & New England

Money on Call and Market Dull in New York Trading

New York December 1 money on call has been easy with loans from 8 to 414, last loan at 4 and closing offered at 3. Prine mercantile paper 64. Bar silver at 90 1/2. Sterling exchange dull.

New York Prine Mercantile Sterling Exchange

Market summary shows gains and losses across rails and bonds

Stock market fluctuated with dull rails and steady bonds. Lake Shore led intraday gains while Reading and Lackawanna saw declines. later unions and Pacific Mail rose. Notable moves included Denver preferred and Jersey Central bonds as railroad developments and regional coal shipments influenced prices.

Lake Shore Lackawanna Reading St. Paul London Union Pacific Bears Congress Denver & Rio Grande Chicago, St. Paul & Minneapolis Hocking Valley Fort Worth & Denver Oregon Trancontinental Atchison, Colorado & Pacific Wabash Great Western Jersey Central Knoxville & Ohio Milwaukee Shore & Western Airland Chicago

Delaware and Hudson directors report strong earnings in 1887

Directors note no detailed earnings statement was given but assert 1887 earnings compare favorably with 1856. The policy is to declare dividends from prior year earnings, so the last quarter's dividend remains unchanged though 1887 profits are satisfactory. A board member hints next year's dividends may rise with current earnings. The Lehigh region strike discussed.

Delaware & Hudson Company New York Lehigh Delaware & Hudson

Multiple New England Firms in Financial Trouble and Assignments

The Rochester boot and shoe dealer Warren J. Babbidge had assets far below liabilities of about 9500. Boston dealers Levi Timson & Co. suspended with 5000 to 6000 liabilities. E B. Cummings Carriages of Southbridge owes 6000 to 7000. St Louis Ells worth millinery assigned to L Gottschalk. New Haven cigar maker John Gutt assigned to George Schaffner. Dighton Kay Parker & Bashford attached. Freeman Manufacturing North Adams unaffected by Brown Wood Kingman liquidation. Castleton trader Henry Armstrong owes 10185. Haverhill dry goods Niblock & Reid compromised to 45 cents on the dollar. W H Hutchinson Co creditors near 50 cents on dollar following assignment to G E Soule. Revere The New Cafe noted.

Warren J. Babbidge Rochester N. H Boston Levi Timson & Co Atlantic Avenue E B. Cummings Southbridge E. Blell Millinery Company St. Louis Hk. L. Gottschalk John Gutt New Haven Colon George Schaffner Parker & Bashford Dighton Kay Olonel Bracewell Freeman Manufacturing Company North Adams Brown, Wood & Kingman Kienry E. Armstrong Castleton Haverhill W. H. Hutchinson & Co Washington Street

Shoe Merchants and Agents Listed by City and Firm

A long list of named individuals and firms across cities from Atlanta to St Louis, with roles such as representatives, agents, treasurers, and managers in shoe companies and related firms. The entries include Gramling, Draper, Fearey, Kavanagh, Koch, Klognberg, Brown, Rogers, Adler, Goldsmith, Schnadig, Thorne, Plant, Sachs, Laws, Simpkinson, Benckenstein, Hills, Childs, Farnsworth, Amsden, Bryant, Newberger, Hapgood, Durland, Richardson, Christiance, Rosenberg, Owen, Warren, Knox, Marks, Fisher, Bryant, Pickenboox, Bryant, Cohn, Rosenstock, Porter, Slessenger, Gotzian, Kellogg, Ackerman, Bain, Brown, Baker, Smith.

Atlanta John R Gramling Gramling, Spaulding & Co W Draper Draper, Moore & Co Albany H Fearey J Fearey & Son Amn Amsterdam Kavanagh, Craw Alentown Penn Leb Lek & Co Linrouse Allentown Koch O Lass & Koen Lrowansville Pex J Klognberg Bloomberg & Raphael Burlington H A Brown T W Bardydt & Co Tre Baltimore M Daniel Blandorf & Co Altimore D G Rogers Brooks, Rogers & Co Realtimore H Adler Cohen, Adler & Co Chicago Lis Goldsmith Rosenthal Goldsmith Dubuque R Amsden Large & Amsden Pickenboox Pavenport Ia P Bryant Bryant & Co Re. Dallas Tex J Newberger Sawyer Bros Re. Eason Kenn M Hapgood Hapgood & Co Ad. Hornesdale C Durland Minn J Kellogg Kellogg, Johnson & Co Syracuse T Smith Smith-Frazer Boot

Market Report Highlights Mixed Farm Prices Quiet Leather and Flour

The market shows leather quiet while hides remain weak. Flour and rye are steady to firm with corn and oats higher. Butter and eggs firm, beans moving fairly, potatoes and sweet potatoes steady to moving, pork and lard unchanged, lambs dull, veal moderate demand, and refined sugars steady.

Boots and Shoes Trade Surges After Thanksgiving Orders

The boot and shoe industry rebounds with strong orders from large manufacturers and rising stock sales. Buffalo and regional markets show brisk demand for various lines including kid boots, buff calf, and women s grain goods. Rubber trade remains active with liberal shipments. weekly and year to date totals are reported.

Ick Boots

Leather and Hides Market Update and Export Totals

The leather market remains quiet with sellers pushing for sales on small lots. Demand varies by type with grain and finished calfskins steady yet overall activity soft. rough leather and sole leather show weakness and abundant common grades favor buyers. Exports in the past week reached 49,574 from this port and 24,470 sides from New York, with prior week at 50,264.

Hemlock New York Brighton New England Buenos Ayres Montevideo Rio Grande Entre Rios

Market Reports Dec 1 Flour and Gran

The flour market remains steady with small lot sales and firm prices due to reduced output from icy weather. Corn stays firm and higher with light spot offerings. oats rise with strong trading both spot and futures. Prices shown include No 2 white oats around 39 to 42 cents on various months and settling near 39 1/2 to 40 cents.

Also Mentioned on This Page

Rutland Common Rutland Associated Press Rutland Railroad Delaware & Hudson Canal Company P. W. Clement Ratland Road Central Vermont Concord J. Gregory Smith Central Vermont Railroad Sullivan Railroad Connecicut River Leonard Vermont Valley Railroad Company Vermont Valley Connecticut River Frederic Billings Cheshire Railroad Cheshire Hartford Courant New London Northern Central Vermont Boston & Alvany Shinn Erie Clark Central Massachusetts Boston & Maine Vermont & Massachusetts Chicago, Kansas & Western Oregon Short Line Birmingham Chicago & Western Michigan West End San Diego Frenchmen’s Bay Tasut Coper Lake Ingot Calumet & Heela Calumet Tamarack Osceola Franklin Mesnard Pontiac Kearsarge Atlantic H. Yenner & CO Congress Street West End Street Railway Co American Loan and Trust CO J. He. Goodspeed West End Street R’y Co Boston Stock Exchange Gali Public Debt Statement Washington Cal & Hee Ae AU Sbp C& W Nce KF &P M T&sf de Bonanza Rir Kearsage Aia Mesuard French Bay Penobscot Wink Maine Chacon Nees Reyween Oalys M. C K & W Ss Kansas Inc Mining and Spock Exchange The Reserve Fund Uecmiens Balances Bonanza Development Vieuwee Brunswick Antimony, Codume, & Heela Eeetrewens Pamarack Aspinwall Eeeasevese Brookiine French DS Ie Oath Auaulic & Vac Atlantic & Pacine Cal Kan West Vly Scott & Gull S. Rock & Ft. Smith N.Y N. EE N. Y N. E Ain Ow. & L. Cham Puew. & Ark Eles Southern Atch Top Santa Pe Boston & Albany Hoston & Lowell Boston & Providence Chi Burl. & Northern Chih Burl. & Quincey Mars Ad Oy Cin San Cleveland BOS Cleveland & Cuinton Cleve, & Cunton Eastern orLe Flint & Pere City Scott & Galt Spring Id Central N . EK Rae Ogdens Rg & Like Cham Obey Old Colony Kiutland Vref Bok Union Pacific Wis Svenenesse Bavee Oke Bonanza Mining Seer Brunswick Gold Mining Ereeeere Mesnard Mining Sete Eee Empire Mining National Mining Franklin Minin Aee Rayahannock Miining Eeee Security Als Satro Funnel Es Arenseeepone Dunkin Mining Ereerenene Napa Mining Kearsaige Mining Boston Water Power Lord Acoustic Athintic & Pacific RR Union Vacific &Kr Atchison RE Cleveland & Canton RR Allouez Oe AO Arnold Bo Ra Hs Ve Azlec Ringe Bonanza Ane Bowlin Nouth Oo Ag i Stormont Brons Burton Crescent Bruns Dunkin Kuter Mipire Humboldt Lord Ae Os Hinuront Mags N.E Minnesota Wilson W. Bay & Co Eeeer Rere Grav Total Central Town Ches. & Ohio Ener Asva Chi. & Alton Den RE. G East Tenn Fort Wayne Ft. W Houst Texas Harlem al Onvne Iz Loug Ae Ind Lou, & N Lou Fem Che Ohio Essex Ae & Chat J. Cent St. L Oregon Pitta Bevdain Rich Teem VO Roch Rome Rock Island Ill Anne Seer Aigek Cates Ae &M SOL Land and ‘Misoaldashous Companies Oregon Im Pullman Palenti Ty Wal W. Union Anne Ite Vo O R.G K.G Kan. P KK. Dw .Tg. So Ara Mt. A &T Bresesoer R. G. Mut UnionGs &4 Oke Pac Shore Express Com Agi Adams U. OS HH American Lusi G Wells” Largo Amadoree Homestake Ly Belcher Vz Hi Bodie Brunswick T Iron Hill Ontario Chellar Eenee Plymouth B. . S. Sebastian el Cristo Ae Securi Joskeag G Ud Eng Tel Asvinwall Sun Piexo A&p Inc B&n B&q M& Bos Am Beil Geri Ea Boston Ld Seeree CB & Q Fts&g Nys&ne California San Francisco Myer Grould & Curry Hale & Norcross Commonwealth Nevada North Belle Isle NEW York Financial Railroad Matters Raiload Devonshire Street Congress Square Quincy House ALVIV
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