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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 15, 1887

Page

6

Money Market Steady. Stocks Edge Higher in Boston

The Boston money market stays quiet with Time paper at 6 to 7 percent and call loans 5.4 to 7 percent. Clearing balances show 6 percent, New York funds at 16 3 4 cents discount, and exchanges near 14.8 to 15.4 million. Broad market dull but steadier as Atchison and New York & New England lag. Wisconsin Central and Union Pacific firms with several rail and utility names advancing or pulling back.

Boston New York Broadway National Bank United States National Bank C.g Sterting Exchange Frmer Ai Nim Raner Reichsmark Chicago St. Lows San Francisco New Orleans Charleston Savannah Wall Street Atchison New England Colorado Midland Salt Lake Wisconsin Central Wright Northern Pacific Superior City Ashland Wis St. Paul Superior Duluth Union Pacific London Chicago, Burlington & Quincy Cleveland & Canton Common Pullman Palace Kansas City Memphis Birmingham Flint & Pere Marquette Atlantic & Pacific California Southern Central Massachusetts Fitchburg Rutland Delaware & Hudson Railroad Boston & Maine Boston & Aliny Mexican Central Oregon Co US California Louisville & Hovecville Denver Chicago, Kansas & Western Erie Western Union Telegraph Company West Kind Land West Land Railway Gay Sana New York Exchange Ocay Ub. Senior Lake Super Yo Dunta Mentington Winthop Pewabic Alionez Ridge Hanover National Calumet & Heela Quincey Franklin Kearsarge Pontiac Washington Winthrop Southside Osceola Heneary

Dividends Declared by American Bell and Others

The American Bell Telephone Company declared a regular quarterly dividend of 3 percent payable January 14, 1888 to stockholders of record January 2 to January 12. Milwaukee Lake Shore and Western declared a 3 1/2 percent semi annual on preferred and 4 percent for the year on common. Oregon Railway and Navigation Company directors met this morning and declared…

Western Union Telegraph Company Crystal Plate Glass Company Andover Iron Company American Bell Telephone Company Miwaukee, Lake Shore & Western Oregon Railway and Navigation Company

Lewis Sumner & Co Stocks and Grain Brokerage Ad

An old Boston broker advertises buying selling and carrying on margin for stocks bonds grain and oil with private wire to New York. It solicits correspondence and promises prompt attention for orders by mail.

New York

Notice to holders of New England Mortgage Security Co

Holders of the Bonus Series E bonds due January 1 1888 may exchange for new bonds. Applications at 46 Milk Street office. Exchange right expires December 15 1887. J F F Brewster treasurer Boston November 1 1887.

New England Mortgage Security Co Milk Street J.F.F. Brewster Boston

Boston Stock Exchange New York Sales December 14

Daily stock activity shows 280,140 shares traded. Listings cover land and miscellaneous issues incl Pacific Mail, Pullman Palace, Union, Canadian lines, rail and mining stocks with closing quotes and yesterday closings. Notable items include Pacific Mail around 34 1/2, Union near 84 1/2, and Wells Fargo at 129.

New York Oregon Imn Pacific Mail Ota E Pullman Pal W. Union Daeaneey Sens Eevves Toyr Wobg BS Ps & OC Buda Kod M. Union Gs Tex Isis R.G BO Ae PD RG. W. G Se BP Wigueten St. Lb P. G És Gra Wasps Wias Aioe Een Erie Sulver Ist. B Coe PB

Bond Market Ticker Moves Across Rail and Regional Issues

Extension fours rise to 68 while currency bonds jump to 2215 as list shows varied gains. Several regional issues including Detroit Mackinac & Marquette, Pittsburg Cleveland & Toledo, and Texas Pacific income receipts shift modestly with mixed losses in others.

Northwestern Detroit Mackinac & Marquette Erie Fort Worth & Denver International Kansas & Texases Texas Pacific Pittsburg Cleveland & Toledo Michigan Central Houston & Texas Illinois Central Oregon Transcontinental Oregon Improvement Peoria Decatur & Evansville Eee South Carolina

Foreign Markets Report from London Trade Desk

London dispatch notes U S 4s at 120% and several railroad stocks with modest gains. European quotes show 3 percent routes at 82 francs 45 centimes and London exchange at 25 francs 34 centimes. bar silver stands at 44 industry updates mention restored trunk line rates for dressed beer and live stock.

Paris American Railway Department the Stock Exchange Dr. Mackenzie Ban Remno London

New York Stock Market Ends Quiet Yet Firm

Money on call easy at 4 to 5 percent with last loan at 4 percent. Sterling steady around 4.81 to 4.84. Government bonds active. railroad bonds generally firm. Stocks opened strong then drifted. overall dull close with some gains erased. Chesapeake & Ohio issues show marked strength amid broad firming.

New York Prime Mercantile Sterling Exchange Manhattan Chesapeake & Ohio Gowr

Comrades’ Reunion Elects Officers for New Year

The Twenty second Regiment units and Sharpshooters held a reunion at the United States States yesterday afternoon. Officers elected included President D D Reed and first vice president G D Lawin. Dinner followed as retiring president C D Stiles presided and speeches were given by Tobin Evans and Nusu.

United States States Dobr D. Reed George D. Lawin H. A. Royce Frank N. Scott J. W. Renfield John L. Parker Theodore L. Kelley

Boot and Shoe Buyers in Town

A compiled list shows buyers and agents from multiple cities including Augusta Baltimore Detroit Louisville Memphis San Francisco and Wheeling. Names include White Craw Slinglaff Walker Henderson Wells Howard Sutter Bowie Cave Quast Spencer Jackson Oppenheimer Gelleson Rosenthal Boyd Solomon and others connected to shoe and boot trade houses.

Detroit Mich Sutter Tre Davenport Bowie Louisville WC Cave WC Cave & Co Lousvile Lexington Spencer Watkins & Spencer Memphis Venn Jackson Lowenstein & Bro H A Tracy P Tracy & Co V Brown Hamilton Oppenheimer Charles Oppenheimer & Co San Francisco Cal-S San Franeisco Cal Gelleson Geileson & Co Feder Rosenthal, Peder & A Wheeling Boyd Boyd & Co Wits Solomon Lessing Solomon & Rosenthal

Eastern Railroad stockholders elect full board at Causeway Street meeting

The Eastern Railroad Company annual stockholders meeting at Causeway Street elected a full board of directors, debated sinking fund investments, and approved consolidating with Boston & Maine. Reports show improved earnings under the lease to Boston & Maine and plans to issue preferred stock to reduce certificates of indebtedness.

The Eastern Railroad Company Causeway Street Hunnewell Arthur Sewall Bath W . K. Lawrence J. E. Farnum A. D. Foster Walter Hunnewell Wellesley Samuel C. Lawrence Medford Frank Jones Boston Joseph H. Gray Walter Hanneweill Lawrence of Commonwealth Supreme Court Stockholvera Lawrence Buson & Maine Railroad Boston & Maine Railroad Dernrp Arena Y Cays Sos Ou & Maine Eastern Railroad Heston & Spine Boston & Maine Boston & Lowell Manchester & Lawrence Railroad

Commercial market status across commodities observed

Wool unchanged flour firm corn easier oats firm millfeed softer and firmer tones. Barley fair demand rye firm oatmeal steady rye flour quiet butter fair movement cheese quiet yet strong eggs firm beans good demand grass seeds quiet potatoes moving fair sweet potatoes steady hay good demand straw unchanged poultry fairly steady game dull tallow fair demand apples dull plentiful Florida orange demand robust cranberries firm dried apples quiet peanuts unchanged hickory nuts moderate demand chestnuts dull truck quiet pork firm fresh beef quiet lambs fair demand veals steady cotton steady sugars quiet molasses unchanged.

Florida

Boston & Maine stockholders meet for annual session in Lawrence

The Boston & Maine stockholders holding meeting at City Hall in Lawrence elected officers and authorized terminal bond issues under Massachusetts law. George C. Lord led the session with 21,873 votes. N J Bradlee named to approve bonds. totals reached 21,969 votes. The gathering adjourned after formal business.

New York D. Babcock George Macculloch Miller R. Longley, Jr J. W. Miller J. B. Gardiner Maine Central Railroad Company Lawrence Mass Boston & Maine City Hall George C. Lord of Newton Boston & Maine Terminal Eastern Railroad Company N. J. Bradlee W.S. Stevens Dover N. H J.S. Ricker Deering Richard Osney Boston Ss. C. Lawrence Medford Frank Jones Plymouth N. FL

Turn-By-Turn Turner-Beard Brake Demonstration At Newton Centre

About 100 railroad officials and gentlemen witnessed the Turner-Beard automatic brake test at Newton Centre. A 25 car train ran with the momentum brake, showing near instantaneous, locomotive-influenced braking and independent car action. The Boston & Albany annual meeting followed with 18,472 shares voting for a slate of directors led by William Buss and Chauncey Depew.

Newton Centre Tucsons Crocker and Stevens Pressent Bliss Gallup Russell Bac Jeer Shephard Mannezer Mills Accent Hanson Adams Chessey Boston & Albany Motive Power Stewart Marpen Pitchburg Railroad Fred L. Ames Lauder Ohl Colony Ricauards Boston & Providence Richardson Boston & Mane Stearns Connecticut River Road Oxood Bradley Worcester Prince Boston State Auditor Land Boston & Albany Railroad Company Meijonn Bliss William Buss Henry Colt Pittfield John Cummings Woburn Edward L. Davis Chauncey M. Depew New York Jarvis N. Dunham Pittsfield Edward B. Gillett A. Wesfield Samuel Hoar Concord Moses Rumball Brookline Jacob C. Ropers Peabony James A. Rumrill Springfield Ciries $. Sargent Brookjine Mahion D. Spauiding Sane

Business firms in distress across several states prompt creditor actions

Across New York Boston Philadelphia and other hubs, firms face insolvency assignments and creditor actions. D DeCastro & Co owes 750000 to 1000000 with Central and South American debts. Searle Vanneman & Co and others report liabilities and asset uncertainties while meetings of creditors are scheduled.

D. DeCastro & Co William Street New York Central South America Fernando Peraza Diego Joaquin de Castro Paris Eechinor, Healy & Conway Broadway A. T. Stewart Vrey Bros Cigar Manufacturers Frank E. Sanderson Boston Searle, Vanneman & Co Market Street Hiladelphia Philadelphia National State Bank of Camden Moritz Hesselberger Hiawatha Ian W. M. Welcome Mackey & Coley Bridgeport Conn Frank H. Rusco Norwalk A. Friedmin Ary Goons Elobatng Memphis Tenn Gross & Co Erie Penn Wood Bros St. Louis

New England Society of Breeders Holds Annual Meeting

The New England Society of Breeders of Trotting Horses met at Quincy House with about seventy-five members. General W. S. Tilton presided, the old officers were largely reelected, and William Mason of Massachusetts replaced George B. Loring on the executive board. The group endorsed issuing bonds to extinguish debt and pledged profits from exhibitions like last year’s at Mystic Park to debt payment. A dinner followed.

New England Society of Breeders of Quincy House W. S. Tilton William Mason Massachusetts George B. Loring Uiatwe Mystic Park

Somerville Aldermen Hear Street and Schoolhouse Reports

The Somerville board of aldermen met with Mayor Burns presiding. Reports from committees covered street and schoolhouse improvements with cost estimates. Communications from citizens urged new sidewalks and sewers. The city treasurer noted $71,000 in bonds paid and new bonds issued. The Somerville Electric Light Company won approval to lay poles and wiring on additional streets.

Somerville Board of Aldermen Burns Somerville Electric Light Company

Miss Rissa Smith Opens Del Sarte School at Hoffman House

Miss Rissa J. Smith has opened a school at 212 Columbus avenue offering gesture, physical culture and voice instruction. She studied with leading city professors and aims to be a thorough, conscientious teacher for her pupils.

Rissa J. Smith Hoffman Columbus Avenue Miss Smith

Wool Market Shows Mixed Tone Amid Irregular Demand

The wool market retains fair strength yet remains unsatisfactory with irregular demand. Medium wools rise while desirable lots stay scarce, and flue fleece sales stay quiet. Wool growers plan a January 11 push to unite dealers, growers, and manufacturers against reductions and to press for duties on woollens.

Washington Congress Ohio Pennsylvania Michigan Texas Kansas Oregon California Boston

Cattle Market Reports at Watertown and Brighton Yards

The Watertown and Brighton yards show mixed cattle activity for the week ending December 14 1887 with totals for cattle sheep and swine and entries from Maine New York Vermont and Massachusetts. Prices for store cattle hogs veal and milk cows varied with steady sheep demand and modest butchers purchases. Sales at Brighton include numerous milch cows spring lambs and veal calves with varied prices and a generally fair trade.

Bostwouk Castle Maine Vermont Massachusetts R. I New York Watertown Brighton Ae Spa Ee New England Briziton Mr Crockett O H Purbush Farrell & Nagle Henry Aldrich & Johnson W Scollans

Also Mentioned on This Page

Williams & CO Boston Stock Exchange Mining and Stock Exchange Express Companies American Wells Fargo Amador Sulin Sas Hodde . Sev Ce OG Pabimong Vcace Ibrunswick Ontario Ulver Quicksilver S. Sebastian Coul Savage King Cristo Exchequer Iine HC Homestake Bell Tel NYGNE Seeert M. A T&s Beli Tel Frenchman’s Bay San Diego West End C&u Oy Rankin E&p M&b Pullman Bell Glass Vagne Poston San Dipno Atlantic Arnold Bonanz Cal & Hee Uiney Tamarack N & NE T&8& F Livie Tel Lyman Mills Lumi Adis Boston Land French Bay West Endis Wollaston Cal & Hec Kearsarpe Quinney South Side Wee A. T&sf B&q Cl&c BOO Anyon Ene Fic I. Askeil Bonanza Developaens Ronawick Antimony Heula I Franusan Ecla Furmarack Aspinwall Toston Prenchan’ S. Seaetate Water i Ower Ale Pactile Aunty i & Vite Uicomes Kan West Lite Kan, & Weal. Inc Gull Tuck & Ft. Smith S. Pac Valley Santa Fe Atlantih Paacihg Keaton & Ta el Eee Moston Mul Boston & Ureves Chi Burk & Notheron Burl, & Qiu ’ Y Ifs Central of Mass Masa Cias. Nd Clevelavad Canton Cleve, & An Shustern Flint & Bere Marquette Mint & Pere K. Ge ‘Tr Scott Gulf Hu K N.Y Buly New Eng L. Champlain First Board South Side Mining Crescent Mining Franklin Mining Canada Arnold Mining Allonez Mining Commonwealth Mfg Ener Ridge Minto Eeaeree Kearsarge J Tining Rappahannock Mining Bonanza Mining Kossuth Erregsee Eter Boston Water Power Atchison RR Weaee Estes Union Pactie RR Atlantic & Pac Eere Tees Kensington Allenez Rappabean Bonanza Bocimant St. Mary Greece Bruns Golds iSutra Tun Wasington Crescent ONAL Ee Ake i Winthrop Dankin Elec Humboldt Burton Car Enter. Ch R. L. Day & CO National Bank of Republic Shawmut National Bank Eliot National Bank Blackstone National Bank Monument National Bank National Rockland Third National Bank Appleton Mills Great Fairs Tremont and Suffolk Mills Seied Lyman Mills Douglas Axe Company Manchester Mills Auoskeag Chicopee WGA Abe Amory Manufacturing Co Bates Manufacturing Co West End St. Ry Vref Cheshire Railroad Great Falls & Con Northern Louisville & Evansville Concord Railroad Charlestown Gaslight Co McKay & Bigelow Cambridge Gaslight Co Neptune Insurance Co Lombard Investment Co Boston Tow Boat Co Erie Telephone and Tel N.H Old Colony Elk Central Air Line Boston, Con Montreal Kansas City & Cameron Henshaw & CO Union National Bank City Nations Bank Fourth National Bank Eeeeewee Merchants’ National Bank Second National Bank Naumkeag National Bank Salem Salem National Bank National Rockland Bank Old Boston National Bank State National Bank Webster National Bank Boston Belting Co Dwight Manufacturing Co Amoskeag Manuf. Co York Manufacturing Hee Ee Foolg Hanmilton Manuf Boston Storage Warehouse Co Boston & Liverpool St. Louis County Pullovin Palace Car Co First Gs W. Incomes Lance Leve Hou’n Nashua & Roch'r Marion & McPherson Ree B Air L. Pref Leitie Sena Alton Col Den RK G East Fort Wiayne Ft. W.&d Iloust Harlem Entral Kian Hae Pei Met Lev St. L Miss. Pacine Olio End M Essex Nash Chat, Te J. Cent Pacific Northwest W& St. L Roch Pitts Rome Bo Tomy Mt & MM Fexas Pacific Hoys AG Rmvland Rutland Pref Suiminit Eens Union Acific Ae BOU Bell Telephore Wilson W. Fay & Co State Street Burton Lord Acoustic Dunkin Salevere Foreign Financial Markets Atlantic & Great Western Canaais Pacific Erie Secords Reading Canadian Northwest Land Company NEW York Financial Alta Sierra Nevadda Crown Joint Gould & Curry Hale & Norcross St. Commonwealth Nevada Queen North Melle Isle Ty Mono Nuvajo Cone Augusta, Ga Craw Baltimore, Md H Slinglaff Stevenson & Slinglaff Butalo W Walker WH Walker & Co Aus Kuffalo T Ransdell OP Farnsdell Sweet & Co Grin Henderson CM Henderson & Co Rt Wells Wells & Co N Howard Howard G Hayward M Reese, Jr Weigert & Reese I’yle Railroad Matters Foal Inc Seweenwe Bia No. American Railway Belfast Moosehead Lake Rit Co Exter & Newport RR. Co Eastern Maine Railway Degee S.cece Payson Tucker Lake Shore & Michigan Southern Railroad New York State Railroad Commissioners Milwaukee, Lake Shore & Western Road Pittsfield & North Adams Railroad Company Boston & Albany Road R. Callaway Toledo, St. Louis Somerville Aldermen Ohio Delaine Diich Delaine Montana Kentucky Texas Wed Georgia Western Lambs Montevideo South Cape George J. Fox ZiaaGlye
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