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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 06, 1887

Page

6

Money Market and Bond Activity in Boston and New York

The Money Market notes steady to firm rates with the clearing house rate at 7 percent in one instance. Boston and New York exchanges rose from last year, and the Stony Brook and Cochituate loans were awarded to E Rollins Morse & Bro. The local bank reserve surplus falls to 566,371 with a large specie decline, while copper stocks lead a strong market as Atchison and Union Pacific surge and new exchange plans emerge for the Boston Stock Exchange building.

New York Chicago Louis San Francisco New Orleans Charleston Savannah City of Boston Stony Brook Improvement Cochituate Water Loan Franklin Savings Bank Brewster, Cobb & Esterbrook and Blake Bros. & Co E. Rollins Morse & Bro KE. Rollins Morse & Bro Drexel, Morgan & Co Stony Brook Oet Boston United States National Bank Sterling Exchange Reichsmarks Atchison Union Pacific Boston Stock Exchange Porter State Street Exchange Committee For the Exchange Orear Atchison Company Atlantic & Pacific Vewees Burlington & Quincy UC Chicago Burlington & Quincey Mexican Central Miles

Coupon payments on bonds handled by Boston railways

Coupons falling due on bonds issued and assumed by the Metropolitan Railroad Co Boston Consolidated Street Rail Co South Boston Railroad Co Cambridge Railroad Co J H Goodspeed treasurer West End Street Bay Co will be paid on presentation at the stated offices. Bought sold and carried on margin exclusive private wire to New York correspondence solicited orders by mail will receive prompt attention 7 Exchange Place Boston.

New York Exchange Place Boston National Stock Exchange Joseph Cleary Congress Street Mass Boston Stock Exchange Ernie Ne Nse Sia Bonanza Development Crummet & Heelaeeenee Franklin Kearsaye Wis Top Santa Se Atlantic & Pacific Beaton & Albany Boston & Lowell Boston & Maine Boston & Providence Burl. & Northern Chi Burl, & Quincy California Southern

Williams & Co. Sales at Bro Before Cal Yard Dec 5

Williams and Company announce sales at the brown yard before December 5. The notice lists event timing and location, urging customers to attend.

Dividend declarations in Fall River firms noted

The Border City Mills Company in Fall River declares a 3 percent dividend. The Citizens' Savings Bank of Fall River declares a dividend at the rate of 4.44 percent per annum. Osceola Consolidated Mining Company announces a per share dividend payable January 16.

Border City Mills Company Fall River Citizens’ Savings Bank Ake Osceola Consolidated Mining Company Phat

Unclear OCR Scores and Notation From Historical Page

Fragmentary lines show numbers and abbreviations likely from sports or standings. Readable items include Erie seconds and Kan. P. cons with percentages, N. Pac, N. W. cons, and multiple club abbreviations. No coherent event or dates emerge from the legible text.

R.G. W Po & P. Poces Erie Union N. W

Financial Market Quotes and Rates from London

London reports show United States Four percents at 12914, Atlantic & Great Western firsts 40 percent, Canadian Pacific at 561 percent, Erie 3058, Illinois Central 12014, New York Central 11244, Pennsylvania 66 percent, Reading 3b and other notes. Paria advices cite 3 percent routes at 82 cents 77. Discount in open market for short and three months bills is 3 percent.

London United States Great Western Atlantic & Great Western Canadian Pacific Erie Illinois Central St Paul New York Central Pennsylvania Reading Paria

New York Financial Roundup Ends With Firm Close

Money on call eased to 4%–6% with last loan at 5 and bar silver at 95 48. Sterling sees steady demand, government and railroad bonds hold dull to firm. The stock market ended quiet but strong with Pullman and Quicksilver leading gains. Lackawanna weak in a Bear attack while Reading bears the brunt. Total daily business totaled 940000 dollars as foreign buyers returned amid Paris crisis resolution.

New York Prime Mercantile Sterling Exchange St. Paul Lackawanna Western Union Reading Pullman Washington London Berlin Amsterdam Union Pacific Lake Shore Erie Louisville & Nashville Kalamazoo West Pigeon Lake Sucre Milwaukee & Northern Harlem Oregon Improvement Wabash Chesapeake & Ohio Galveston Harrisburg San Antonio

New York Stock Sales Dec 5 Opens With Volume

Today’s transactions totaled 311 472 shares as trades reported across exchanges. The list shows the shares sold with the opening prices for the session.

New York

Multiple business failures and insolvencies across cities

The Hogden Commission Company in Louisville with branches in Cincinnati Indianapolis Chicago and more collapsed due to rising market pressures. Theodore Pfaffin & Co Indianapolis also failed with 75 000 liabilities. White Clarkson Co New Haven and B Judd Co Bristol Conn faced bankruptcies and trusteeship. other firms in Northfield Conn New York City Toronto and more reported insolvencies with large liabilities and unclear assets.

Hogden Commission Company Louisville Cincinnati Evansville Indianapolis Chicago Pittsburg Cleveland Baltimore Theodore Pfaffin & Co Ind Hallett & Davis Boston Frank Kimball Northfield BR. B. Judd & Co Bristol Conn Hayton, Mayer & Co New York City Keatley Connorsville Ind J. W. Gaie & Co Toronto Liverpool London Paris Germany

Post 26 G A R elects officers at Roxbury meeting

The Post 26 G A R held its annual officer election at Roxbury last evening. Elected were Commander John E. Gilman, senior vice commander Henry F. Spach, junior vice commander William L. Hicks, quartermaster John L. Perkins, surgeon P O Meara Edson, chaplain Alfred Williams, officer of the day George Wis Lelaver, officer of the guard James S Coullulan, librarian Luther W Bixby. Delegates to the department encampment named John J Killian Aphonso Baker Charles Richardson James H Marshall with alternates Lorenzo F Papauti Charles R Curtis George H Nason Lyman P Trask.

Roxbury John E. Gilman Henry F. Spach William L. Hicks John L. Perkins P. O’meara Edson Alfred Williams George Wis Lelaver James S. Coullulan Luther W. Bixby Department John J. Killian Aphonso Baker James H. Marshall Lorenzo F. Papauti Charles R. Curtis George H. Nason Lyman P. Trask

Boot and Shoe Buyers in Town

A list of visiting boot and shoe buyers arriving in Atlanta and other cities including Gramling Spauldine & Co in Atlanta W W Draper Draper Moore Co Am Burlington Ga H A Brown T W Bardydt Co Tre J Daniels R Jandorf Co Ad Big Rapids Mich G H Reeder Ad Chicago Wells M D Wells Co Chicago C W Marks Craw Cincinnati W F Thorne W H Laws Denver H Plousky Butler Bros Davenport Ja S P Bryant 8 P Bryant Co Re Louisville William Rosenberg Rosenerg Flexner Co Am Leavenworth Kan L A Knox Catlin Knox Yo Merlien Marks Aaron Marks Rothenberg Co Re Mobile Alan Bernstein Tre Philadelphia R D Wolfe Morgan Wolfe Ts Petersburg Augustus Wright UK San Francisco S W Rosenstock 5 W Rosenstock Co Tre San Francisco J Cahn Porter Slessenger & St Louis A D Brown Hamilton Brown Shoe Co Amathe Syracuse EB Salmon Dunn Salmon Co

Atlanta John R Gramling Gramling, Spauldine & Co W W Draper Draper, Moore & Co Burlington H A Brown Bardydt & Co Baltimore M Daniel R Jandorf & Co Big Rapids Mich H Reeder Chicago Liber Wells M D Wells & Co Marks, Craw Cincinnati F Thorne Thorne & Co W Laws Laws & Co Denver Col H Plousky Butler Bros Davenpors P Bryant Bryant & Co Louisville William Rosenberg Rosenerg Flexner & Co Leavenworth, Kan L A Knox Catlin & Knox Merlien Miss I Marks L Aaron Marks Rothenberg & Co Re. Mobile Alan Bernstein Tre Philadelphia Penn R D Wolfe Morgan & Wolfe TS. Petersburg Augustus Wright San Francisco Cal W Rosenstock Rosenstock & Co J Cahn Porter, Slessenger St Lous A D Brown

Beef War Impacts Maine Meat Trade With Rail Line Battle

Pontrano Maine December reports a price war between Grand Trunk and Western lines affecting Maine beef houses. About fifteen refrigerators operate in the state, including five in Pontrano, with commission men handling most business and one local firm Cummings Gros preserving capital. Retailers see mixed gains, while shippers and middlemen anticipate longer conflicts as Grand Trunk appears favored locally.

Pontrano iSprciat Grand Trank Great Western Maine Cummings Gros Commission Grand Trunk

Statement on consolidation of St. Joseph lines with Santa Fe

President Judson of the St. Joseph and St. Louis railroad outlines plans to merge with the Santa Fe system forming the St. Joseph St. Louis and Santa Fe Railway Company. The new line will have local management in St. Joseph and seek to shift traffic east and west while contracting with Chicago Milwaukee and St Paul to handle Northwestern freight. Coal traffic from Richmond mines is expected to quadruple, and Lexington Junction will connect the St. Joseph line with the Santa Fe road seventy two miles from St. Joseph, matching the Hannibal route in distance.

Judson St. Joseph Santa Fe St. Joseph & St. Louis Railroad Company St. Joseph & Santa Fe Company Richmond Carrollton

Elevated rail schemes loom in Boston and along Atlantic coast

The article recalls petitions to the Massachusetts Legislature for an elevated Boston belt line from Beacon Street to Chestnut Hill and Jamaica Plain, with tunneling at Beacon Hill and multiple branch lines. It notes other rail ambitions from Portland to Alaska, a New York to eastern cities freight route, and various railroad industry rumors and appointments.

Thomas J. Mayall Massachusetts Boston Neponset Franklin Park Water Edge Beacon Street Brookline Chestnut Hill Reservoir Harvard Square Tremont Street Beacon Hill Haymarket Square Charlestown Somerville Jamaica Plain New York Eastern Pennsylvania Railroad Richmond, Fredericksburg & Potomac Railroad Atlantic Coast Line Richmond Florida Presiden Stickney Big Four Indianapolis Decatur Springfield Illinois Central St. Louis Cincinnati Henry Ives Ives- Stayner Cincinnati, Hamilton & Dayton Waite C. W. Fairbanks Indiana, Bloomington& Western Road Maxwell Terre Haute W. R. Kern Lees van Lorne Canadian Pacific Winnipeg Montreal Vancouver Grinnell Burt Lehigh & Hudson Railroad Company Joseph 5. Liars J. K. Halstead Indiana, Bloomington & Western

Commodities Market Reports Mixed With Firm and Steady Trends

Canned goods unchanged while dried fruits hold firm and flour markets show strength. Corn and oats are firm, rye firmer, and butter cheese and eggs stay steady to quiet. Potatoes and cranberries move with steady demand, pork and lard unchanged, beef quiet, lambs dull, veal moderate.

Canned Goods and Dried Fruits Market Update

The canned goods market remains firm with higher price talks for gallon tomatoes and best brands in New York at 3.00. Demand for apples, Harfied county corn and dried fruits is steady, with rising tin costs affecting production and a shrinking Malaga stock fueling future prices.

New York Philadelphia New Brunswick Malaga London California Ohio Michigan Delaware Valencia Muscat Trails Ron Leghorn

Market Reports Show Strong Prices and Milling Shortages

The market remains very strong with higher prices as four markets improve overall though Minneapolis mills suffer from water shortages. Steam power costs cut into margins, and some mills have withdrawn from the market. Spring patents at 5?5 to 5.55 per barrel, winter patents 4.50 to 4.60. Corn and oats markets firm with multiple on track sales and bids listed, including No 2 white oats around 41 to 42 cents, and various January February and March contracts trading through the day.

Ariz Eddy Arizona Mineral Belt Railroad East Atlantic & Pacific Railroad Company Arizona Mineral Belt Railroad Company Aztec Atlantic & Pacific New York Chicago & Eastern Winois H. H. Potter Chicago & Indiana Railway David Davis, Jr H. H. Stevens Boston Fitchburg Rutland Eastern Old Colony Southern Kansas California Chicago, Burlington & Northern Bell ‘Telephone Erie West End Frenchman’s Bay San Diego Wollaston London Calumet & Hecla Hecla Calumet Mesnard Pontiac Arnold Kearsarge No. 1 No. 2 Franklin Atlantic Huron Quincy Minneapolis

Also Mentioned on This Page

Seereeee Ees Tiga Win Ake Rese Eorc Cbs Babe Guadalajar Cincinnati, Sandusky & Cleveland Wisconsin Central Kansas Uas Memphis Birmingham West End Street Railway Co American Loan and Trust CO J. H. Goodspeed West End Street Ba Y Co Lewis Sumner Williams & CO A.t&s F K & W Bs M& B SofKan Amoskeag Kiensel French Bay Boe Arnold Aete Se Cal & Hee Kearsage Osceola South Side Peviees Tamarack Be&n UN Pac Cal So Inc Kb&n Bs CK & W S R Amoskeag Bel Tel Allonez Eevee Bonanza Big Seereee B&q B& N Union Caret M. Cc Sonora Weer T&xsf Ny&neds Pallinan T&sf At & Pac Lou C Kk & W Boek Ene Brie Tel Allouez Franklin Oe Orceola St Louis Winthrop Va A T& SF B&n KOM& B Ny&n Ds Wis C Coe City of H. Venner & CO New York Stocks Mining and Stock Exchange Central of Mass Owen- High Cleve Canton Pref At. & Pacific Flint & Pere Flint & Pere Marq K. City Spring, & Memo Weee & N. Gl Ches Bia Colony Eree Kutland H & Cp Atlantic & Pac Cibvs Atlantic & Pac, Inc del. & H Oo & West del. & L Gly Chi Kan. & West, Inc Bk den RG Wee L. Rock & Ft Central Central Inc East Tenn Fort Wayne Wee M Ark Voan Man Beach Serv. Co Ity Eees M. & Ohio Arnold Mining M. & Kasex. Ae Ane Nash, & Chat Iwi Washington Mining Bonanza Mining Northiwest Humboldt Mining N. Y Sutro Kensington Chair Co Oregon Atchison RR Trans Union Pacific RR Bur. & Q Pitteburg Roch Aene Allouez Rome, W Arnole Rappa Sear Security Ate Bowman Stormont St. Deed Jin Bruns Butro Tun Catalpa St ' M&m T OF Crescent Eleo Lord Ac Os v” W St. L Ligster Ee Bly Minnesota N.E. Water L. E Standard Orego Pac Tile Pullman Pal W. Union N. W. Deb O. Nay iSt L. & Setsm St. YP St. P PO. P U Pac W. Shore Adams U.S American Cece Wells Fargo Amador Pek Ave Boneperene Bodie Iron Hill Brunswick Ontario Plymouth Cal. Coal Quicksilver Con.call.&va Wilson W. Bay & Co Giray LOO Security Elec Manfg Belcher Big Savage Atw Sierra Crown Joint Utah Isler Eureka Commonwealth Gould & Carty Nevada North Belle Isle Nivajo NEW York Financial Railroad Matters The St. Joseph & St. Louis West Michigan Sevonth LSSTO Detroit Lansing & Northern Pyle
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