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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 10, 1888

Page

6

Money Market steady as New York clears at 4 percent

Boston markets report a steady money market with the clearing house rate at 4 percent. Call loans 4 to 5 percent, mercantile paper 4 to 6 percent, country banks discounting good mercantile paper at 5 to 6 percent. New York funds discount 17 to 20 cents on $1000. Clearing exchanges weekly total $107,900,087 with balances $12,288,891, and daily figures show a loss in New York bank reserves. Bond offerings totaled $95,000. Foreign exchange and currencies remained stable amid rising concerns over railroad earnings and potential Gould influence on Atchison.

Boston Clearing House Corporation Mercantile New York New York Clearing House Chicago St. Louis San Francisco Telegraph New Orleans Charleston Savannah New York City Kamsas City Louisville Providence Minneapolis Siliwaukee Omaha Memphis Cleveland Columbus Duluth Denver Galveston New Haven Lest Hsot Sviinztielt Josep Worcester Los Angeles Wichita GAZ Hol LHS Grand Rapids N.Y Atchison Wall Street Gould George Messrs. Cordley & Co Eple Arlington & Quincy Wall Street News Mr. Gould Sage Missouri Pacific Burlington & Quincey Chicago, Burlington & Northern

Dividends Declared by Boston Manufacturing Company

Boston Manufacturing Company declares a dividend of 40 dollars per share payable December 15.

Boston Manufacturing Company

New York financial markets ease as bonds hold steady

Money on call remains easy with rates at 1 percent and merchant paper in better supply. The stock market shows dull, weak action amid a London-driven selling wave and a weekly bank statement showing a $2.87 million reserve decline.

United States and London Markets Cover Week Trade

United States bonds and rail shares were quoted in mixed terms with US 4s at 120% and New York Central around 109%. Paris francs stood at 83 francs 172 centimes. Bank of England bullion intake totaled £50,000. London discount held firm at 4.3% with money dear. Prices for foreign and English rail securities were dull and American railroad stocks unsettled. No broad price shifts occurred as trunk line settlement news cooled.

London United States Great Western Erie St. Paul Common New York Central Pennsylvania Reading Paris Bank of England

Annual Report of the Boston and Maine Railroad

The Boston and Maine Railroad reports fiscal year results with passenger receipts at 5 489 564 54 dollars and freight at 5 700 568 81 dollars. Operating expenses rose by 1 062 558 dollars due largely to transportation costs. Locomotive mileage reached 10 640 183 miles with coal use at 218 527 tons and wood at 15 876 cords. New and rebuilt equipment includes 36 passenger and freight cars, 213 ox cars, 355 platform cars, 1 derrick car and snow ploughs. The lease dispute over the Boston Concord Montreal line remains undecided as court hearings approach. The Lowell road asserts current assets from the Montreal lease can cover prior deficits.

Boston & Maine Railroad Westinghouse Boston, Concord & Montreal Boston & Lowell Supreme Court of New Hampshire Boston & Lowell Railroad Corporation Boston,Concord & Montreal Lowell Lowell Road Montreal Road

Real Estate Transfers and Major Mortgages of the Week

The week’s key transactions include the sale of estates 72 and 74 High Street to J Q Adams et al for about 87000, and estate 188-144 Lincoln Street to the same trustees for about 37118. Other notable sales include the Hutchinson heirs selling Hollis Street property to H B Davis for about 20000 and the Bassett heirs selling 36 Portland Street for about 18000. Mortgages involve Quincy Market Cold Storage, Huntington Avenue properties, and West Chester park pledges. Building permits list multiple new dwellings and apartments across Scotia Street, Dudley Avenue, Neponset Avenue, and other locations.

High Street John Field J. Q. Adams Matthews Street J.q.adams James Lee Lincoln Street Utica Street D. Hutchinson Davis Hollis Street Burroughs Place Bassett Chandler Portland Street Charles Barstow W.S. Stevens Worcester Street J. F. O'Neill Indiana Place Isabella Dickson John Q. Adams Michael Sillbridge Barton Street Stephen L. Crimlisk J. Berwin Parkman Street Quincy Market Cold Storage Company Havey Bros Joseph A. Metcalf Dudley Avenue Birch Street Jd. A. Vickery & Son Emily Blackwell Neponset Avenue Commercial Street William Hunt Washington Street Elden Street John C. Albrech George A. Hills Heath Street Bickford Street Gwen Calvin B. Crocker Rockland Street EB. J. Turner David W. Simpson Meridian Street A.S. Drisko Nathaniel Holden Cottage Street John H. Keller W. I. Berle Newport Street N. M. Robbins Richfield Street Prior Place Slimothy. Connolly Norfolk Street Morton Street

Commercial Market Summary of Grain and Produce

Flour and corn show mixed activity with flour steady oat and oatmeal firm cornmeal steady rye quiet rye flour steady butter dull cheese firm eggs uneven beans in good demand potatoes and sweet potatoes firm poultry quiet game slow hay strong pork steady lard firm hogs inactive beef demand moderate fresh beef steady veal quiet mutton steady lambs unchanged tallow in good demand sugars firm

Chicago Wheat and Grain Futures Close Weak Across Markets

Chicago reports a weak wheat market with the day finishing at the day’s low and corn and oats also closing weak. NY and St Louis grain futures show mixed cash and futures levels for wheat corn and oats across December through June contracts.

Chicago Farnum, Reardon & Co Voccareves Cocciveere Eave Eese Rer New York St Louis Eeene

Wool Market London Sales Report Shows Broad Activity

Today at London wool sales a large attendance led to a wide range of offerings mainly for the Continent. Withdrawal totals reach 3000 bales with 12495 offered and 52000 available across Victoria New South Wales Queensland South Australia New Zealand Cape of Good Hope Natal and Russia grades and prices listed for scoured greasy and locks and pieces across regions.

London Cape of Good Hope Natal Victoria New South Wales Queensland South Australia New Zealand Capeof Russia

Print cloth markets show firm Fall River week

Fall River reports production 175000 pieces deliveries 180000 pieces stock 1000 pieces sales 88000 pieces spot 25000 pieces futures 63000 pieces prices 4c for 64x64s and 39 16cc for 60x66s market firm and active Providence notes quieter week closes steady at 315 16c for 64x64s with spots and futures available Fail River sales at 4c but not higher than 815 16c. Week sales total 7000 pieces 64x64s spots at 316 16c stock held by manufacturers 22000 pieces 64s no 56x60 5.

Fall River Providence Fail River

Flour and grain prices steady with higher outlook

Boston market reports domestic flour prices across grades from fine to patent, with steady to firmer tones as demand improves. New York and Chicago notes show varied receipts and bids, with milling wheat ranges and endings lower in some zones, while Milwaukee and St Louis also log steady or soft tones amid flat trade.

Minnesota Michigan Canada Superior Canada New York State Chicago Milwaukee St Louis Minneapolis

Market summary of grains and commodities across cities

Detroit and Chicago receipts and bids for corn oats rye and barley. New York prices steady with No 2 and No 3 grades. Baltimore firm cash and futures. Milwaukee and St Louis reports show dull trade and quiet demand. futures calls include December March spreads. rye flour and cornmeal quoted. barley and malt markets quiet with modest demand. total car inspections noted for steamer yellow corn and no grade oats.

Duluth Detroit Baltimore New York Milwaukee St Louis Chicago Toledo Peoria C. Peoria State Western Canada Michigan Choice

Market Notes Butter Cheese Eggs Beans and Potatoes

The report details wholesale butter prices across regions with Western, Vermont, Eastern and New York quotes and slight movement in lower grades. Cheese remains firm. eggs show dull trade but steady overall with regional price ranges. Potatoes and beans stay in steady or improved demand bands, with various regional price points and stock notes.

Vermont Eastern Creamery New York Western Elgin North Choice West Sage F . Liverpool New Hampshire Nova Scotia New Brunswick Michigan Island Canada York State Timothy North Clover Red Top Jersey Houlton Hebrons Houlton Houlton Rose, 55¢ À Bush; Aroostook Hebrons, 55¢ P Bush; Aroostook Hebrons Burbanks Chenangoes Prince Edward Island Virginia Old Quo

Also Mentioned on This Page

Atlantic & Pacific California Southern Cincinnati, Sandusky & Cleveland Oregon Union Pacific Flint & Pere Cleveland & Canton New England Boston & Albany Eastern Fitchburg Continental Construction Company Delaware & Hudson Company Mexican Central Chicago, Kansas & Western Wisconsin Central Sonora Boston & Montana Ogdensburg Brookline Chronicle Massachusetts Europe Jay Gould Bell Telephone East Boston Frenchman’s Bay Sullivan West End San Diego Calumet & Hecla Tamarack Montana Allonez Osceola National Butte, Mont C. H. Palmer Butte & Boston Company D. L. Demmon Anaconda F. W. Prescott Cartersville George W. Chipman Blackstone National Bank Hiram Blaisdell Orient Electric Gas and Water Company Peter W. French National Tube Works Company Elisha Thayer Mass Sam P. Jones John J. Norris E. Freeman Cartersville, Ga Drust Devonshire ST Joan M. Graham William Clafin Robert M. Morse, Jr William P. Parker A. Collins Thoma Illiam W. Crapp John Goldthwait Warren L. Potter William A. Haskell John C. Paige Temple John M. Graham Renry L. Jewett Keysitars Bankers Boston Stock Exchange Deaters Devonshire Street W.ix, Fuller Theo. P. Harding Lamar Lowry California Alta Aie Rrs Hevada Gaeen Isest ‘& Neloher North Helle Isle Bodie Abde Poor CMDR Savaze Serra Wavain Eece Commonwealth Union Con Cal Market Bank of Lighton Bay State Trust Co Plymouth Cordage Co Oriental Coffee House Co Webster Pank Ao Cocheco Dover Great Falls Mfg Amoskeag Mfg McKay & Bigelow H. M Looo City of San & Cleve City of Chicago M. L City of Ill Davenport Loco Consol Vt. Lin Eastman Car Heating Co. Com Lawrence Gas Lt. Co Sufffolk N. Bk Tremont N. Bk Shawmut N. Be Howard N. Bk Do Tremont N. Bk N. Eagle Bk Shoe and Leather N. Bk Ocean N. Bk Newburyport Granite State N. Bk Exeter Hopkinton N. BR Continental Mills Russell Mills Park Loan St. Paul Brokers’ Board Am Bell Tel T&s F Atlantic & Pacifienne B & Mont K& W Og & LC Cou Weaee Eee Eee Ain Bell Tei Seceres Lamson SS Sullivan Harbor Allouez See Nee Atlantic Mining Bb & Mont Cal & Hee Eevee Etree Quincy Ever S Vamarack E.s Cal South B&n B&q F&p M Ny&gn Ccc Arnold Atlantic Bonanza Devel’t B. & Mont Ee Ween Ae Butte Seeeses Hecla Franklin Huron Steerer Vtamatack Boothbay Houten Vic Boylston Street Brookline Cambello Maverick Sneer Topeka Weatt At. & Pac O. Ll Do Inc de Ro Ve C Fi. S Me &i K. C Kk. Eey Lil L.R& T L. E St. L. In Noles Nor, Pac P. D.O LULY L. C. Con Aio Inc Pueb. & A VY Rutland Kan Eee Do Tex. Div . Do Inc Iit Ao Vg Do Atch Top S. Uo Boston & Aee Boston & Prov Southern Bos Col. Sp. & Cin Babe Dopref Sewer Ereeer Fitchburg Pre Flint & i K.C Ft. A St L Gopref Maine Central N. Y Old Colony Wis Central C.ciee Am. Bell Ener Son Lamson Store Ser, Co Eae Exchange Wilson W. Fay & Co State Street Mt. Derzert Eastern Shore Eastman Brunswick Aniuouy Pene Electric Adoo Lord Acoustic Gray’s Dynamo Plev Ee Cave Eeeees &Y Horton Cocheco Manufacturing Co Aiosakea Manufacturing Co Csee Nashuaanafacturing Co Eeee Py Atlantic Cotton Mills Amory Manufacturing Ginter Cexcess Nawakeng Steam Cotto Co Appleton Company Lowell Manufacturing Co Serene Sevarice Oil Vanes West Find Street Chiorgos& Northwestern RR Astern Evens Ee Current River Boston Gaslight Companys Boston Electric Light Company Boston Athenwum Davidson Investment Reece Button Hole Machine Co Boston Tow Boat Co Massachusetts Loan and Trust Co Kay State Live Stock Co Simonds Rolling Machine Co Standard Pipe Co Cincinnati City L. Cham Bark & Mee Burl Mo Itiver Vailman Palace Car Co RON Nashua Bath Water Supply Co Ee Casio & Walnut V. Walley Fe ‘ & Won Iowa Falls Sioux City Eastern RR St Bor &Mernee Nee Everest U. Pacific Ctica & B. Meene St. L N.W W St. P Cc. &Y. Erie J.C Tex B . Pac Belle Isle Ontario Nwealth. Ee Quicksilver oAnly Con C & Va Silver King Standard Tenn. C. & I Iction National Webster Bank Moston National Bank Suffolk National Bank Howard National Bank Market National Bank Metropolitan National Bank First National Bank Lynn Tremont National Bank Shawinnt National Bank National Karlie Bank Sear Shoe and Leather National Bank National City Bank National Bank North National Bank Great Falls Manufacturing Tremont and Suffolk Mills NEW York Financial Sterling Exchange Chesapeake & Ohio Manitoba Toledo, Peoria & Western Mobile & Ohio Generals Pacific J Gan Central Iowa Central Pacific Ches Ohio Chi Alton Gc. L Aw C. S Del de H SOO East ‘Lenn Evie Fort Wayne Illinois Centry al Rene Kings Shore Long Island Es Vo Lou. & N Lou Ao Shi Mich Saan Bey S. L Nor Pacifie RSA Heia Nom Western Aeee Anee Abe Pitsburg Enos Aig Bale Rock Island Rome Foreign Financial Markets J. E. Carter & Co, Bankers & Commission Brokers Washington ST Kansas City Congress Street Congress Square Quincy House Petroleum
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