Bills of Lading Reform Meeting in Boston Hotel
The Boston Executive Business Association held a meeting at Young's Hotel to discuss needed reforms in railroad bills of lading and freight classification. Prominent railroad leaders and association members debated liability, payment practices, unloading rules, and urged standardization with reform proposals referred to the transportation committee.
MENTIONED IN THIS ARTICLE
Boston Executive Business Association
Young’s Hotel
Charles F. Choate
Old Colony Railroad
Arthur Mills
Boston & Albany
John Whitmore
E. P. Vining
Fitchburg
New York & New England
Messrs
Eustace
Fitz
James B. Forsyth
Andrew F. Leatherbee
George W. Wheelright
F. F. Emery
Jerome Jones
E. H. Haskell
B. M. Watson
Charles A. Haskell
Albert E. Carr
Charles I. Thayer
William H. Sayward
Edward B James
Jonathan A. Lane
John D. Morton
Oscar H. Sampson
Daniel G. Tyler
William B. Rice
Nee H. Leonard
Charlies Peathorbes
Lehman Picket
Alden Speare
P. Soule
The
Choate
Mills
Consignees
Whitmore
Fitchburg Road
Vining
New York & New England Road
Committee On Transportation
O. R
England
Classification Committee
New England Railways
WILLIAM_O. BLANEY
Association
Money Market Overview Stresses Easier Rates And Volumes
The Money Market report notes easier loans at 4 percent by close with higher supply than demand. Time loans range 4%4 to 64 percent, call loans 41 to 6 percent. Clearing house balances and New York fund movements are detailed, with foreign exchange and treasury bond actions. The Boston bank statement shows a $700,000 reserve surplus gain and a robust surplus of $1,451,428. Local stock market gains offset by bearish street sentiment.
MENTIONED IN THIS ARTICLE
Bostox
New York
Chicago
St. Louis
San Francisco
New Orleans
Banket
Charleston
Savannah
Secretary of the Treasury
Frances
Reichsmarks
Kuhn, Loch & Co
Boston
Atchison
Courege
Chicago, Burlington & Quincy
Union Pacific
Denver, South Park & Pacific
Oregon Short Line
Milford & Woonsocket Railroad Chief Heads Hopedale Firm
Net earnings across a decade average about $7500. General W. F. Draper of Hopedale serves as president of the Milford and Woonsocket Railroad Company.
MENTIONED IN THIS ARTICLE
W. F. Draper
Hopedale
Milford & Woonsocket
Milford & Woonsocket R.R. First Morrisands
Dividends Declared by Several Companies
Merrimac Manufacturing declares 40 per share dividend. Middlesex Manufacturing declares 6 percent. Boston Wharf 5 percent. Northern Central Railway 5 percent. Crystal Plate Glass declares a semi annual dividend of 5 per share. West Point Manufacturing, West Point, Ga., proclaims 4 percent, payable Jan 15 at Horace Sears, 89 Commercial Street, Boston.
MENTIONED IN THIS ARTICLE
Merrimac Manufacturing Company
Middlesex Manufacturing Company
Boston Wharf Company
Northern Central Railway Company
Crystal Plate Glass Company
West Point Manufacturing Company
West Point
Horace
Sears
Commercial Street
Boston
Market News Notes Firm Tone in Railroad Stocks and Bonds
The stock market remained active after midday, with gains led by Reading, the Grangers, Lackawanna and Missouri Pacific. Prices rose early, then eased briefly around 2 pm before finishing strong near day’s best. Railroad bonds were dull yet saw several price advances across issues.
MENTIONED IN THIS ARTICLE
Reading
Grangers
Lackawanna
Missouri Pacific
St. Paul and Lackwanna
St. Paul
Kansas & Texas
Chattanooga
Albany & Susquehanna
Morris & Essex
Cleveland & Canton
Houston & Texas Western
Auction Sale of Stocks and Bonds from 1888 Listing
An auction catalog lists numerous securities to be sold Wednesday December 19 1888. Items include shares in Pemberton Co Lawrence Mass Grooved Stave Co Newburyport Amesbury Street Railway Co Suffolk Nat Bank Howard Nat Bank Nashua Lowell RR Vermont & Mass Kit Eastern RR West End street railway Co Bay State Live Stock Co Worcester Nashua Rochester RR Pueblo Smelting and Refining Co and many more along with railroad bonds and city water loans.
MENTIONED IN THIS ARTICLE
Pemberton Co
Lawrence
Mass
Newburyport & Amesbury St. By
Suffolk Nat
Howard Nat
Webster Bank
Great Falls Mfg
Ights Edwards Mfg
Nashua & Lowell RR
Vermont & Mass
Nat
Eastern RR
West End St. Ry. Co
State Fruit Co
Old Colony RR
Bay State Live Stock Co
Worcester
Louisville, Evansville & St Louis RR
Consol. RR
A Ag & Eastern Jil
Consol. Mort
New York Financial Roundup December Rates Given
New York financial brief notes money on call easy with last loan at 24. Prime mercantile paper quoted at 5 6. Bar silver at 92% and sterling exchange steady with sixty day bills at 4.8472 and demand 4.88% with posted 4.852 and 4.89. Government bonds have portion mentioned.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
London securities and bullion update from Dec 17
At 1:30 p.m. Consols stand at 95 15 16 for money and 96 8 16 for the account. U S 4s 12 9 44, Atlantic and Great Western firsts 34 1 2, Mexican Central firsts 6 7 4, St Paul common 61 1 2, New York Central 109, Reading 23, Mexican Central firsts 6 7 4. Paris advices show 3 per cent rentes at 1242 centimes for the account. Panama Canal shares quoted at 93 francs 75 centimes. By 4 p.m. bullion to Bank of England on balance £6900.
MENTIONED IN THIS ARTICLE
Kansas City
Clinton
Springfield
Fort Scott
Memphis
California Southern
Chicago, Burlington & Northern
Atlantic & Pacific
Chicago& West Michigan
Cleveland & Canton
Mexican Central
Wade
Europe
Guadalajara
San Luis Potosi
Louisville & Evansville
Chicago, Burlington & Gainey A
Chicago, Kansas & Western
California
Railway
San Diego
San Diego Land Company
Lamson
Butte & Boston
Calumet & Hecla
No. 3
Calumet No. 5
Tamarack
Quincy
Montana
Oscevia
Franklin
National
Atlantie
Kearsarge
Allouez
Allan S. Weeks
Congress Stret
Milford & Woonsocket
New York & New England
Ashland
Boston & Albany
Enfen
Ing
Ing. Alt. & T. Heseveecee
Pacific
Eae
Wyats Atchison
B.& Air Line
Central Iowa
Central Pacific
Ches
Ohio
Chi
Alton
St. L
Psaeseds
Io . C. Na
Cee
del, & H
del. & L
Helien. & R. Geeeee
Wees
Bohs
Eric
Fort Wayne
Hocking Valley
Jiouston
Texas
Tex
S. Vem
Lane Shore
Long Island
Essex
Nash &Hat
J. Cent
Eklee Cecelane
Northwestern
St. Fu
NY & N Pity
BON Ohio & Migs
Oregon
Pittsburg
Rich
Seeee
Tock Island
Rome
St. Paul
Gt. P
Mm. & Me
A Pacific
U. Pacific
Big Land and
Eere
Oregon Im Eoereee
Pacific Mail
Pullman Pal
W. Union
American Oil
Petroleum, i
B.& RG
EF. D
B. So
St. I
Ertegis
Soxer & Bart
Pac
Lovsly
Shore
Amador
Mutuals
A& M
Ontario
Chester
del Monte
Exchequer
Standard
Tenn
Cs & I
Brokers’ Board
Aim Bell Te
B& Eee
Ck&yine
E & St L
Babe
Do Inc
Ee Am Hell
Wrenchinnan’s
A &P
B&n
C&wm
Cleve & Eae
Nya&ne
West End
T&sf
Een
Boston
Frenchman’s Bay
Ceneeseees Nee Wearer
West
Do W CO
Atlantic
Bonanza
B& Mont
Ane
Cal South
B&q
London
United States
Paris
Panama Canal
Bank of England
Wool Market London Sales See Mixed Prices and Exports
London wool market reports 7912 sales offered with many withdrawn. Prices varied but advances in greasy and good scoured wools held. About 60 percent sold for export including 3000 bales of finer merinos to United States buyers. Withdrawals totaled 6900 bales. Fine details by region list scoured and greasy lots with prices in shillings and pence.
MENTIONED IN THIS ARTICLE
London
Victoria
New South Wales
Queensland
South Australia
New Zealand
Cape of Good Hope
Natal
Buenos Ayres
Grain Markets Show Weak Tone in Chicago Trade
Chicago markets report weak overall wheat action with a close 4 above the open and a visible supply rise of 675000 bushels. Corn remains dull and lower as oats trade is limited, with May bids around 29 for oats and 22 for corn suggesting a price slide ahead. Prices for futures and cash grain in St Louis and New York show mixed offsets with various bids and asks across months.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Mats i Vssaha
Tse
St Louis
New York
Bush
Ccscecs
Socvsese
Svaneese Bae
Boston
Minnesota Bakers
Michigan
Canada Superior
Canada Roller
Canada
City
Minnesota
Milwaukee
Minneapolis
Northern
Toledo
Baltimore
Philadelphia
Detroit
Peoria
Boston & Albany
Hoosac
New York & New England
Pei
Wi Falda
Graham
Brye
Choice
Engines in Collision at Concord Involves Two Rail Shifts
In Concord New Hampshire on December 17 a collision occurred between two shifting locomotives named Governor Stearns and Titan about a mile below the city. James E Williams the engineer of Titan was killed instantly. Frank B Flanders the engineer of Governor Stearns was badly injured and buried among the wood from the tender. His fireman E W Quimby escaped with a scalp wound. The fireman of Williams died and the other crewmen sustained injuries.
MENTIONED IN THIS ARTICLE
Concord
N. H
Governor Stearns
Frank B. Flanders
Titan
James E. Williams
Williams
Perfect Cleanliness With Pearline Labor Saver
An advertisement touts Pearline as a major labor saver, promising easy cleanliness and efficient washing results for households. It positions the product as a practical choice for quick, thorough cleaning through modern soap formulation.
Iron and commodity markets mixed in December report
The Iron Age notes steady demand and rising blast furnace capacity into 1889 with 136,627 tons weekly capacity on January 1 and trend toward larger coke and anthracite output. Copper, tin, lead, zinc, and steel rails show varied activity with price firmness and quiet markets, while flour and grain markets register firmer or dull conditions across New York, Chicago, and Milwaukee exchanges.
MENTIONED IN THIS ARTICLE
Iron Age
Pennsylvania
Pittsburg
Eastern Pennsylvania
Ince
London Cables
Messrs
Henry R Merton & Co
London
Ohio
Eglinton
Summerlee
Gartsherrie
Lang- Joan
Coltness
Norway
Shell
New England
Russia
Baltimore
Butter Prices Steady Amid Narrow Creamery Supply
Demand for butter remains quiet with prices near last quotes. Creamery output is tight, especially for Western creameries with quoted ranges from 18 to 32 cents per pound across grades, while Vermont and Eastern entries show similar stability and limited supply.
MENTIONED IN THIS ARTICLE
Vermont
Also Mentioned on This Page
Tihe
Allen S. Weeks
Congress Street
Kidder
Peabody CE Bankers
Devonshire Street
Nassau Street
Bealers
City of
Brewster, Cot & Estelroak
Congress St
Vss
Miscellaneous Stock Exchange
Wilson W. Fay & Co
Keeles
Eastman Car
Pdb
Boothbay Waac
Oa Y
N. E
Nor
Lowe
P. D’o
LHK
Terete
L. QO
Yueb. & A. V
Vile
Kan
Eves biYs
Sonora
S. F
Allouozs
Arnol
Bonanza Devel
Monton Hutie & Hoston
Hecia
Catalpa
Jelic Crescent
Seeesevesseess
Fyanklin
Renee Teers
Huron
Trenton
Essess Cerewy i$ National
Tamarack Tactes
Land Companies
Aspinwall
Boothbay
Oly Boylston Street
Brookline
la Campobello
Bay
Cove
Payson
Penobscot
Sullivan
Toneka
Esa Ib
Winthrop Seeee
Wollaston
Cservece Seeete
Con. Vt
Lg -C
T. S
Atch
Wees Hooston & Albany
Boston & Lowell
Boston & Maine, Ee
Boston & Prov
Maia
S. Ees Lily
C. Be & Cleve
Ko Canton
Cok
Det
Flint &It i
Eal
K. C
Gulf Ao
Seewreeenere
Wil
Cl&s
B.C. Sp
K. CG. M
Auls
St. Serene
Prefootinas
Maine Central
Usscar S
Entral
N.Y
Old Colony
Rutland
Summit Straneh
Wisconsin Central
Bell
Tropica
Eastman Car Heater
Lamson Store Ser
Pullusan Palace Car Ci
Boston Stock
EXCH
Nat. City Bank
Freeman's Nat. Bank
Reece Button Hole M. Co
Atlantic Cotton Mills
Conn
River RR
Worcester, Nashua & Rochester RR
Dagengnare & L. Cham
Consol, Mort
Lawrence Mfz. Co
Boston & Sandwich Glass Co
Familton Woollen Co
Rockyort Granite Co
Ames Sword Co
Shachmann
Howard N. BE
NX. Eagle Bk
Third Nt. Bank
Lowell Mfg. Co
Columbus, Spring
Cincinnati
Ado
Boston & Lowell RR. Co
Eastman F. Careater Co
Atchison, Top
Santa Fe RR
el Dorado & Walnut Valley RR
Republican Valley RR
Kansas City, Emporia & Co
Onteneon
Lake Champlain RR
Con. Mort. S
Wiconsin
Litchburg
T. A Tan
Nashua
Boston Stock Exchange
NEW York Financial
Foreign Financial Markets