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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 19, 1888

Page

6

Money Market Steady Amid Mixed Bond and Stock Moves

The Boston money market remains steady with loanable funds adequate at 4 percent for time loans and 4 to 6 percent for general market loans. Clearing house balances show banks at 4 percent, while New York funds trade up to par to 40 off. Foreign exchange steadies with cable transfers near 4.90 and demand 4.89. The local stock market ends weak, with Atchison sliding and Denver lines showing mixed results. copper market notes discuss syndicate control and rising consumption driven by electrical expansion.

Boston Clearing House New York Chicago St. Louis San Francisco Charleston Savannah Imperial Bank of Germany Messrs. Kuhn, Loeb & Co Atchison Summit Summit Branch Lykens Valley Comany Pat Lykens Valley Ainst Chicago, Burlington & Quincy Chicago, Burlington & Northern Oregon Union Pacific Pullman Palace Flint & Pere Marquette California Southern Louisville Evansville Mexican Central London Guadalajara San Luis Potosi New York & New England Wisconsin Central Chicago, Burlington & Northern Equipment Denver South Kansas & Western Southern Kansas Eastern Central Massachusetts Fitchburg San Diego Frenchman’s Bay Huron Mining Vivian Atlantic Kearsarge Oscevia Quincy Napa Tamarack Don Enrique Wright Calumet & Hecla Boston News Lake Superior Calumet & Heela Henry R. Merton & Co England France

Dividends Declared by Several Companies in New Year

The Atlantic Cotton Mills Company declares a dividend of 3 per share. Worcester Nashua and Rochester Rail Road Company also declares 3 per share. Dunkin Silver Mining Company declares 5 cents per share payable Jan 15 with about 28000 cash on land. Union Stock Yard and Transit Company declares a quarterly 1 percent dividend payable Jan 1 for stock held Dec 20. First for the new year follows four quarterly and three extra dividends last year totaling 9 percent.

Atlantic Cotton Mills Company Worcester, Nashua & Rochester Railroad Company Dunkin Silver Mining Company Union Stock Yard and Transit Company

Auction Sales at Boston Exchange Dec 19 1888

The auction list includes Pemberton Co of Lawrence Mass and Grooved Stave Co collateral lots along with numerous railroads banks mills and RR related securities. Also noted are New York Stock Sales for Dec 18 with total 205,699 shares and daily price actions.

Pemberton Co Lawrence Mass Grooved Stave Fee Corrugated Hoop Co Sheear & Amesbury St. By, Co Suffolk Nat. Bank Howard Nat Webster Bank Great Falls Mfg Edwards Mfg. Co Nashua & Lowell RR Vermont & Mass. RR Eastern West End St. Ry. Co Bay State Fruit Co Old Colony Bay State Live Stock Co Worcester, Nashua & Rochester de Pueblo Smelting and Refining Co Fitchburg RR Town of Hyde Park Sig RR Evansville Boston Electric Light Co Amoskeag Mfg. Co Nat. Webster Hank Ado Dorchester Gas Light Co Florence, Eldorado & Walnut Val Raneee Emporia & Southern RR Lyn & Boston H. RR New York Brokers’ Board Am Bell Teles Eens P&s F T&sf Trust T&sf Mort Bb & Q So Kan & West Bell Tel Eee Ceee Lamson SS Frenchman’s Bay San Diego Sullivan Harbor West End Allouez Atlantic Mining B & Mont Tamarack Boston & Lowell RR Aa &Sf B&q Fitchburg Pref IK & PM Pia Lh & St L Summit Branch Lamsoir T& Sef Lainson Boston Boston Land Atlantic Franklin Huron Kearsarge Napa B&t NY & NE Pfe Wuwee Wis Cent

Money Market Mixed With Decline In Rail Stocks

New York reports money on call easy at 3 to 6 percent with last loan at 3 and closing 3.5. Sterling exchange softens with actual business near 4.8474 for sixty days and 4.88 for demand. Market closes very dull near day’s lows as Rock Island and other rails led declines. bonds mixed but some active today with notable moves in several names.

New York Prime Mercantile Sterling Exchange St. Paul Road St. Paul Rock Island Richmond & West Point Lackawanna Missouri Pacific New England Wabash Mutual Union Denver & Rio Grande Western Kansas City & Omaha Kansas & Texas Ohio Southern

Foreign Financial Markets Report From London and Berlin

London financial markets show consolidations and various stock quotes with major issues like Erie and Illinois Central moving in narrow ranges. The open market discount rate stands at 4.4 percent, while Paris bank notes reflect an 8 percent rente level. Berlin reports a rise of 8.62 million marks in imperial bank specie.

London Atlantic & Great Western Canadian Pacific Erie Illinois Central St. Paul New York Central Pennsylvania Reading Paris Berlin Imperial Bank of Germany

Hartford and Connecticut Western Railroad Board Elected

Hartford stockholders elected a board featuring John S. Wilson John W. Brock W. W. Gibbs Charlemagne Tower Jr Arthur E Newbold and others from Philadelphia Lebanon Penn Salisbury Conn West Winsted and Springfield Mass The year ending Sept 30 1888 showed gross earnings 358238 33 operating expenses 255935 35 net earnings 102802 98 net profits 59376 16 cash on hand 63358 52 President Husted to resign for Pennsyl vania Poughkeepsie and Boston line.

Hartford & Connecticut Western Railroad Company Hartford Mass H. A. Botsford Husted Pennsylvania, Poughkeepsie & Boston Railroad

Dry goods market in New York steady on week

The Daily Commercial Bulletin notes a large movement in some spring descriptions with heavy shipments by Western Pacific coast jobbers ahead of higher transport rates. Staple cotton goods show fair demand with steady prices. light fancy prints sell well. painted screens, challies, light ginghams and seer suckers brisk. Men's wear woollens quiet.

New York The Daily Commercial Bulletin

Wool Market Salvage Sales In London Prices Persist

At salvage wool sales in London 2657 bales were offered with no reserve. Moderate attendance and strong demand pushed all kinds to full prices. Notable figures include Scomred at 4d 1s 2d, greasy at 44 7%4 a, black at 3d &s 3d, and locks and pieces at 344d sted.

London

Copper and Tin Markets Quiet in London Trade

London reports quiet copper trading with spot at £77 10s and futures at £78. Tin remains firm with spot £97 10s and futures £08 10s. Lead is quoted at £12 7s 6d in the market.

London

Army retiring board to meet at Vancouver Barracks Washington

The President names Brigadier General John Gibbon and officers from the infantry and medical corps to form a retiring board at Vancouver Barracks for examining officers ordered before it. Leaves of absence are granted to several officers including Mallory Carter Seibold and Vance with extensions for others.

Washington Sprcrau Army Vancouver Barracks Washington Territory John Gibbon William P. Carlin Fourth Infantry Thomas M. Anderson Fourteenth Infantry Charles T. Alexander Henry §. Kilbourne Francis H. Parker Ordnance Department J. Walker J. E. Howard Philadelphia John C. Mallory Corps of Engineers William P.eon Exten Carter Suression John Carland John F. Seibold Z. B. Vance, Jr Frederick 5. Strong Fourth Artillery

Boot and Shoe Buyers in Town

Buffalo New York W H Walker of W H Walker and Co dead. Chicago Lil T N Howard of Howard and Hayward. Cincinnati Ohio Ls Runkel of I Faller Sons and Co. York City R Campbell of Powell and Campbell Ue W Noyes of Noyes Norman and Co. St Joseph Missouri St Louis Missouri A D Brown of Hamilton Brown Shoe Co. American Swedesboro New Jersey ARK Tallman of EC Tallman and Son Yo.

Buffalo H Walker W H Walker & Co Chicago N Howard Howard & Hayward Cincinnati Ls Runkel I Faller, Sons & Co York City R Campbell Powell & Campbell Noyes Norman & Co St Joseph St Louis A D Brown Hamilton-brown Shoe Co Swedesboro Ark Tallman EC Tallman & Son

Commercial Market Snapshot Quiet on Wheat and Butter Firm

Market notes show lumber steady while key staples such as flour and rye hold firm. Corn and oats weaken while beans and pork demand remain solid. vegetables like potatoes and oranges stay steady, and sugars advance to firm, reflecting mixed but stable commodity activity. Stronger prices noted for tallow and butter with broad firmness across meats and dairy.

Wheat and grain market report from Chicago and New York

Wheat was dull with light receipts as Eastern wires flagged trouble while cash and futures fluctuated. Corn and oats showed life and weakness, with prices posting mixed closes. notes include New York and Milwaukee quotes, on track deliveries, and regional receipts and shipments across St Louis Philadelphia Detroit and Toledo.

Chicago Farnum, Reardon & Co C S Williams & Co Aes Eee St Louis New York

Lumber Market Sits Quiet and Steady Across Regions

James & Abbot report demand for lumber is quiet but steady with a satisfactory seasonal position. Yards are well supplied though not overstocked, prices unchanged from last quotes. Eastern pine demand is quiet at steady prices. Western lumber less abundant with slight market tone improvement. Southern pine and hardwoods show fair demand at steady/unchanged quotations.

Flour Prices and Grain Carload Quotations Report

John E Welsh flour and grain firm at 01 State Street presents carload grain quotations excluding rye. Domestic hour prices vary with wholesale and jobbing. 230 cars inspected with several rejections and mixed grades. Flour market quiet but firm due to Western freight gains, with varying price tiers for Minnesota, Michigan, Canada exports, and New York shipments. overall demand modest, prices steady to easy in other regions.

Chicago Milwaukee St Louis Minneapolis Northern Duluth Bush Toledo Philadelphia Detroit New York Peoria State Canada Michigan Choice Minnesota Canada Superior City Mills City Mall

Butter and dairy prices on steady wholesale markets

Butter demand quiet with small receipts. Western creamery and Vermont prices range 23 to 32 cents, with various grades noted. Chicago and New York markets mixed while eggs and beans show steady to irregular movement. Foreign beans mostly steady. prices listed for multiple regional grades and handpicked varieties.

Vermont Extra Vermont Elgin Chicago Western Elgin Creamery New York Eastern Fiat Liverpool New Hampshire Nova Scotia New Brunswick Michigan Island Canada York State

Also Mentioned on This Page

Bull America Tis Rothschilds Barings Connecticut Waterbury Gill Palmer East Shaft Gray Rock Montana Union Belle of Butte la Plata Stopes Butte Anaconda Butte Daily Miner Inter-Mountain Bex A. S. Bigelow Addecks Bay State Gas Company Boston Gas Light Company Boston Company Boston Herald City of Worcester Reaster, Goud & Estebronk Congress St Hoston Stock Exchange Nat. City Bank Freeman’s Nat. Bank Reece Button Hole M. Co Atlantic Cotton Mills Conn River RR Worcester, Nashua & Rochester RR Cer & L. Cham. RR Consol. Mort Lawrence Mfg. Co Boston & Sandwich Glass Co Hamilton Woollen Co Rockport Granite Co Ames Sword Co Shawmut. Ba Howard N. Bk N. Eagle Bk Third Ntl. Bank Lowell Mfg. Co Columbus, Spring, & Cincinnati RR Boston & Lowell RR. Co Eastman F. Carpeater Co Atchison, Top Santa Fe RR Llorence el Dorado Walnut Valley Luuis Republican Valley RR Kansas City Emporia Osgensoue Lake Champlain RR Con. Mort Wisconsin Cent Ailso Oriental Coffee House Stafford Mill Concord RR. Co Old Boston N. Bank Passumpie Rivers Union Pacific, Lincoln & Colorado RR Wichita & Western RR Con. RR China Mutual Ins Scrip Con Revere Beach & Lynn RR. Co de Louis & Missouri R. RR Kunker Hill Panorama Sumner Co. RR Miscellaneous Stock Exchange Boston Stock Exchange Ewer Bonanza Devel’t Catalpa Franklin, S Ener Oese Osvedla Eeesees Capra Pewsbic Eeseeaeeere Land Companies Seenee Boothbay Aspinwall Beeston W. P Brookline Boylston Street Wenee Campobello East Oston Bay Seer Maverick Newport Lamoine Payson Penobscot Etreenee Sullivan Saneee Seer Fopeka Eeeerer Eee Winthrop Wollaston At. & Pac Do Inc L. G Eelle Chi Kan. & W Cc. & W. Mich Elk H Ft. 8 K. C Mit Central Seeeereer Seeeres Southern Kan Oilsol Do Tex. Niv Sonora St. Jo G. L Atch Top. & S. Fee Atlantic & Pacific Boston & Albany Esers Boston & Lowell Boston & Maine Boston & Prov Cesees Cal, Southern Aeveesees Ee Uly Central Cleve Canton Col. Sp Seeerer Fitchburg Tol Flint &Ip. M. Com K.c.m L.A St. L Maine Central Deneeree Ener Olid Rutland Bell Eastman Car Heater Lamaon Store Ser. CO Hia Maia Pullman Palace Car Co Wilson W. Fay & Co State Street Owen Eevee Crescent S . Ene Burton T. Hew A & Pacific Hs. & Air Oe Uo B Can Pacific Central Iowa Central Pacific C. St. L P. Sweet del. & Fi Eter den R. G Enee Fort Wayne Rt. W. Ps Hocking Valley Houston & Lora Dig & & Ae Kan Lex Kings & Bem Ene Eeee Lake Shore Long Island Bai -Bams Bade Louis N.A Man Beach Niiss Ohio Easex Nash Chat N. J. Cent Ing Igs NY .C St. Geeer N.Y N. E Pittsburg Rich, & al Wee R& W.P St. Vat Etek St Etek St. Be Tol U. Pacific Utica K. R. Ose L. E Etee Pacific Mail Este . E D.& RG St. L. & I. G Does Wa R.G.W St. P He & Tos Tex. P. Lewis Mut Union Tex. P. It. G N. Pac N. J. C. Int W. Bhore del Monte Savage Silver King Abilaby NEW York Financial Foreign Financial Markets Railroad Matters the Housatonic Railroad Company W.H. Starbuck W. H. Stevenson Bridgeport John L. Macaulay Thomas Rutter Henry Hentz W.H Barnum Lime Rock A. B Mggatt New Milford W. H. Starbuck WW. H. Stevenson M. E. Stone A. J. Porter C. E. Robinson Connecticut River Railroad Springfield J. E. Carter & CO Bankers & Commission Washington ST James & Abbot Liberty Square John E. Welsh Boston Markets Devon Claus Congress Street Ive Street Congress Jach Quincy Trouse Gultrs Petroleum
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