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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 18, 1888

Page

6

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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