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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 12, 1888

Page

6

Money Market Holds Steady With Wide Rate Spread

Boston money market steady with clearing house rate at 4 percent and general loans 4 to 6 percent. Reports show increases in exchanges vs last year, state loans awarded at 104.76, and varied foreign exchange rates. Numerous rail and mining stock moves noted, including Atchison gains, New York & New England activity, and dividends declared by Franklin Mining Company amid mixed commodity prices.

Boston Clearing House New York Massachusetts J. S. Farlee & Bros Chicago St. Louis San Francisco New Orleans Charleston Savannah Oday Secretary of the Treasury Reichsmarks Bank of France New England Atchison Department of Public Works of Mexico Sonora Railway Company Hermosillo, Ares & Paso del Norte Chicago, Burlington & Quincy Santa Fe & California Northwestern Union Stock Yards Guadalajara San Luis Union Pacifie New York & New England Oregon Chicago, Kansas & Western California Bostwick New York Railroad Commissioners Boston & Maine West End Railway Boston & Albany Eastern Bell Telephone Frenchman’s Bay Sullivan Harbor Boston Land San Diego Calumet & Hecla Franklin Franklin Mining Company Anaconda Montana Union Railroad Butte & Boston Boston & Montana Osceola Tamarack Allouez Kearsarge Quincy

Dividends Declared by Two Rail Firms

The Quincy Railroad Bridge Company declared a semi annual dividend of five dollars per share while the Manhattan Elevated Railroad Company trustees announced a one percent dividend.

Quincy Railroad Bridge Company Manhattan Elevated Railroad Company

Boston Stock Exchange Auction Sales 1888 list

Auction sales on Wednesday December 12 1888 include Nat Market Brighton Bay State Fruit Plymouth Cordage Oriental Coffee House Webster Bank Cocheco Nat Bank Great Falls Mills Amoskeag Mills various railroad and city bonds and numerous banks and manufacturing companies with shares and notes listed for Executor and Administrator orders.

Market Ay Brighton Bay State Fruit Co Plymouth Cordage Co Oriental Coffee House Co Webster Bank Ao Cocheco Nat. Bk Dover Great Falls Mig. Co Amoskeag Mfg Co City of Peoria Davenport Bloco Consol, Rik Eastman Ft. Car Heater Co Citizens’ Bank of Wichita Kan Metropolitan Nat. Bank McKay & His. d. M. Asso Appleton Mfg. Co Btale Nat. Bank Jay State Live Stock Co Nat. Union Bank N. E. Nat. Bank Third Nat. Bank Chicopee Mfg. Co Wellfleet M. Ins. Co Lake Cham Consol. Mort Boston Electric Highs Co Newton Nat. Bank Newton Mass Do Kay State Live Stock Co Howard Nat Vermont & Mass Nat, Bank

New York Financial Markets End Mixed on Lease Talks and Bonds

Money on call was easy at 2 to 2 1 2 percent with last loan 2 1 2. Sterling steadies around 4.84 to 4.89 in bills and demand. The stock list swung after Norfolk & Western and Richmond & Danville lease talks, led by Richmond & West Point and Rock Island rising about 1 2 percent before late weakness. Delaware & Hudson fluctuated. overall close dull but steadier than noon. Bonds and rail issues showed varied moves with Richmond & West Point trusts contributing to the day’s activity.

New York Prime Mercantile Paper Barsilver Sterling Exchange Messrs. Kimball and Scott Norfolk & Western Richmond & Danville East Tennessee Richmond & West Point Rock Island Missouri Pacific Reading St. Paul Delaware & Hudson Jersey Central Richmond West Point New England Cedar Falls

Foreign Financial Markets London Busy in Early Afternoon

The London market shows Consols trading at 95 1/2 to 96 1/2 for money and 96 3/4 to 97 for the account. Prices listed include Atlantic and Great Western firsts at 36 1/4, Canadian Pacific 53 1/2, Erie 26 1/4, Erie seconds 99 1/2, Minors Central 116 1/2, Mexican ordinary 43, St. Paul 62, New York Central 109 3/4, Pennsylvania 54, Reading 23 1/4, Mexican Central firsts 67, and money at 4 1/2 to 4 3/4 per cent. Open market discount on short bills at 5 per cent, Paris quotes 3 per cent rentes at 83 francs 10 centimes for the account.

T&s Atlantic & Pacific Megio Sonora Bell Frenchman's Bay Senee Sullivan Harbor Allouez Butte & Los Iol Tamapack A, T&s B.&n F&p M Man & L Ny&n West End So Inc Kom&b Ny&ne Bae Enone de Tex Rutland Ain Belt Erie Boston Land Boston Frenchman’s Bay San Diego Aseereeee Atlantic Mining Butte & Bos Franklin Mining Koearsarge T& F Boston Stock Exchange Aliouoz Csucda Arnold Atlantic Butte & Boston Cal Hecla Crescent Franklin Huron Ironton Kearsarge Quincy Gi ” Ridge Tamarack Io Land Companies Aspinwall Boylston Street Rookline Campobello Bay Newport Enee Lamoine Payson Ener Penobscot Sullivan Topeka West Ener Winthrop Wollaston Atchison L. G At, & Pac Ns Do Inc YS B. & Mo SOCG W. Mich St. P Kik HL Ulstamped Central S. P N.Y T L. C. Con O* Do Inc Pueb. & A. W Kan Southern Central of Mass Col. Sp. & Cin Fitchburg Fiint & P. Com Maine Central Sumit Alg Union Pacific Wisconsin Central Seeeevees E. Eenee Vebee Ok Eastman Car Heater Burg Laimasor Store Ser. Co Eeee Pullman Palace Car Co Miscellaneou Stock Exchange, Salts Wilson W. Fay & Co State Street American Electric Manufacturing Ocean Berth Tol, Cin Burton Lord Acoustic Coevesce Ing. Hin N.& W Weeee Sing Nor Western Ieee Pre . N N. E LOU Ohio & Miss Wests Oregon Trana Pittsb W. i Rock Island Rome St. Paul St. P.M Moe St Roa Oregon Inn Eaee Pacific Mail Pullman Pal Union Sti.l & S.F. Ts G. mi. Eee Tex. P J.C. Int Tex. P. R Tr N. Pac W. Shore ENG Companies Amador Lomestake Best & Belch Mutual Bullion N. Com Biles Ontario Chollar Ophir Seer Chis Lymonth . Oly Col. Coal Con & Va. S. Nevada del Monte Gould & Cur London Atlantic & Great Western Canadian Pacific Minors Central New York Central Pennsylvania Reading Paris

New York and New England Stockholders Meet Under Bond Plan

Annual meeting at the Meiona forenoon discusses the Peekskill Bridge contract and a new freight line. Directors elected after protests over proxies. votes reveal notable shifts in board composition and a motion to postpone until contract details are printed. Adjournment follows. Southern Vineyards description of Greenville area offered via Piedmont Air Line and Chapin's farm agency.

New York & New England Railroad Company Meiona Bostwick Perkins Peekskill Bridge Company Shinn Rockville Melvin O. Adams Fitchburg Carseway Street Mt. Auburn Chapel Irving A. Evans Massachusetts New York William P. Shinn Jonas H. French Eustace C. Fitz Eugene V. R. Thayer Charles A. Prince Royal FE. Robbins Nicholas Sheldon B. F. Vaughan James L. Howard David S. Plume George M. Landers Thomas Rutter John L. Macaulay Alexander E. Orr Sidney Dillon Henry Hentz J. A. Bostwick Arthur Sewall Er. V. Cary Greenville S. C France Switzerland Pearce Piedmont Air Line Washington Street Chapin’s Farm Agency Herald Building

Army officers reassigned duties and extended leaves

Washington December 11. The leave of absence for First Lieutenants Dowdy and Earnhardt is extended six months due to sickness. Officers stationed in Philadelphia will report to St Augustine Florida. Medical officers Town Tilton Heizman reassigned between San Antonio San Francisco West Point. Finlay relieved from Fort Buford to Fort Assinaboine. Johnson reassigned to West Point for temporary duty.

Washington Robert W. Dowdy Seventeenth Infantry Frank H. Earnhardt Eighteenth Infantry Cers Philadelphia St. Augustine Fla William M. Black Corps of Engineers David Dub Gallard Corps of United States Military Academy Charles L. Heizman San Antonio Tex James A. Finlay Fort, Buford Cak Fort Assinaboine Mont Richard W. Johnson Sateon Fort Adams West Point

Market Notes From The Cereal and Animal Line Speak Quietly

Commercial matters show mixed signals with corn dull and lower while oats and rye remain firm. Sugar and tallow demand are strong, butter and lard hold steady, eggs and cheese soften, beef products steady, and pork steady as livestock items shift modestly in a cautious market.

Grain Market Declines Amid Bearish Wheat Selling

In Chicago on December 11 Wheat fell as much as 14 percent with two prominent long holders blamed. Bradstreet’s stock data for flour suggested bearish pressure while corn and oats showed weakness and limited buyer inducement. New York and St Louis futures quoted mixed cash and futures prices with May, January, and December contracts noted across crops.

Chicago Farnum, Reardon & Co Bradstreet Reedy Mountains Ewe Ana Sas New York St Louis

Lumber market shows steady demand and mixed supply

A cautious, price steady lumber market report notes fair demand for spruce labs and clapboards, with Western lumber largely unchanged and small Southern receipts. Northern and Eastern mills reduce output while stocks stay ample. hardwoods firm though oak and ash quiet. Prices for boards, shingles, and pine products listed with a wide range across regions.

Pennsylvania Canada Indiana

Flour and grain prices steady amid firm domestic market

John E Welsh Flour at 201 State Street reports carload grain pricing for all flours except rye. Market quiet but steady as demand improves and stocks deplete. Prices span fine to winter patents, miller quotes for New York and Chicago receipts, with rye and oats softer in spots and other grains showing mixed activity across regions.

Minnesota Michigan Canada Superior Canada New York City Mills City Mill Chicago St Louis Milwaukee Minneapolis Northern Duluth Baltimore Philadelphia Detroit Toledo Peoria Yeatary White State Graham Bush Choice

Lumber price list from Vermont firm

A historical lumber price list shows cargo quantities and prices for board types. It lists wide and narrow boards, random planks, car shipments, frames, and Vermont spruce at 12 feet planed and trimmed, with prices ranging from 10 to 18 dollars per unit.

Ber

Wool Market Nears Close as Mixed Wool Prices Rise in London

In London on December 11 the wool market showed improved demand with solid prices for superior new clip. A total of 8678 bales were offered, with Victoria leading sales for scoured and greasy varieties. Regional offerings from New South Wales to the Falkland Islands showed varied outcomes, reflecting a broad sell of scoured, locks and pieces and greasy lots as the sale nears its December 15 close.

London Victoria New South Wales Queensland South Australia New Zealand Tasmania Cape of Good Hope Natal Falkland

Dairy and produce prices drift in quiet wholesale markets

Butter and cheese quotations hold with weak demand in western and eastern markets. Potatoes and beans show steady or firm activity, while eggs and poultry price levels ease slightly amid cautious trade. Strong entities include Western creameries, New York and Chicago outlets, and regional potato markets with mixed seasonal movements.

Vermont Eastern Creamery New York Elgin Chicago North Choice West Sage Liverpool New Hampshire Nova Scotia New Brunswick Michigan Island Canada York State Timothy North Red Top Jersey Houlton Hebrons Bush Houlton Rose Aroostook Hebrons Aroostook Hebrons Burbanks Chenangoes Prince Edward Island Great Britain Continent Virginia

Fresh Produce Prices Amid Quiet Demand at Local Markets

Market notes show vegetables and fruits priced by ton and crate. Marrow squash at 20 per ton, turban squash 25, Savoy cabbage 75c per barrel, onions 120 per 140, beets and carrots 50c per bush, cauliflower 2.58 per dozen, radishes 25c per dozen, celery 1.50 per box, parsnips 60c per bush, spinach 50c per bush box, Norfolk spinach listed.

Abbard Russia

Also Mentioned on This Page

Eastman Lawrence Gas Lt, Co Suffolk N. Bk Do Tremont N. Bk Shawmut N. BK Mnoward N. Bk N. Eagle Bk Ao Shoe Ocean N. BK Granite State N Hopkinton N. Bk Continental Mills Russell Mills Great Falls Mfg Concord RR Atchison, Top Santa Fe RR Provence el Dorado Walnut Valley Cambridge Fall River Park Loan Tela A. L 8. L Eastern RR Nat. Exchange Bank Nat Cocheco Mfg. Co Pacific Guano Co Little Nock & Ft. Smith RR City Bank Stafford Mills Cleveland & Canton RR. Common Manchester Mills Third Bank Northern RR. Co Portland & Ogdensburg RR Burl. & Mo Union Pacific, Lincoln & Colorado RR Bunker Hill Panorama Co City, Lawrence & So New England Mort. Sec City, Rc & So Amory Mfg. Co Sugar Refineries Co Boston Belting Co New Mexico & So. Pacific RR Cedar Rapids & Mo. River RR M. L Lluigh Losny Ing Pacific Pom Bose B Air Line Helle Central Iowa Central Pacific Ohio Lo Cl Alton LOKI E. DL del. & H del. & L Den K. G Fort Wayne Houst Vexas Lilinois Central Ran He & W Lake Shore Mein St. Borsa Asd Lit Essex Nash. & Chat J. Cent NEW York Financial Foreign Financial Markets Railroad Matters Alta Ophir Heat & Belcher Votoss Bodie Sava Sierra Nevada Cnion Crowd Polite Ccc Utah Troubd & Curry Yellow Jacket Hes Fiale & Norcrogs Nevada Queen North Belle Isie Cee Mono Sii Ia ARMY J. E. Carter & CO Bankers & Commission Washington ST James & Abbot Liberty Square TRE Lumber Market John E. Welsh Devon Hibiaas Luawo Uus Congress Street Lire Street Congress Square Quincy House woEerarar Eest A Pfi Euless Grain Petroleum
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