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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 23, 1886

Page

6

Money market steady amid varied rates and firm exchanges

On December 22 the money market stayed firm with business paper at 4 to 7 percent, manufacturing paper at 5 to 5.5 percent, call loans 6 to 9 percent, and New York funds at a 15 to 20 cent premium. Clearing house money remained in demand at 6.5 to 7 percent, and government securities quiet with 4s at 110 to 110 1/ and 4s at 127 1/2 to 128 1/2. The October statement showed a poor month of earnings for the period ending Oct 31 1886 with a surplus drop and decreased net earnings. Shares in Atchison and Union Pacific moved up and down, with various other railroad notes trading. A dividend was declared by the Pacific National Bank of Boston and other securities moved on the day.

Bostox New York Ccurrency Pacific National Bank of Boston Sterling Exchange Atchison Chicago Burlington & Quincy New York & New England Union Pacific Chicago, Burlington & Northern Mexican Central Wisconsin Central Little Rock & Fort South Napa Mining National Wallace Syracuse Clarence H. Venner Boston Farmers’ Loan and Trust Company Atchison Company St. Paul Venner Oregon Chicago, Burlington & Quincy Cleveland & Canton Little Rock & Fort Smith State Street Detroit, Lansing Central Massachusetts Boston & Maine Boston & Aee Lowell Loston & Providence Chicago, Kansas & Western Metropolitan New England Wall Street Cod Authority William P. Shinn Shinn Allegheny Central Railroad Pittsburg & Fort Wayne Railway Lake Superior Stevenson New York, New Haven & Hartford Road New Haven William D. Bishop Bridgeport New Haven Road Bell Telephone American Bell Company

New York Money Market and Stock Exchange Report

Money on call was easy at 2 to 6 percent with last loan at 5 and close around 3 percent asked. Prime mercantile paper at 4 1/2. Bar silver 99 1/4. Sterling dull. Government and railroad bonds steady. Stocks firm after 2:15 led by Reading and Western Union. Kansas & Texas declined. Trading light with Reading, Jersey Central, and Reading most notable declines. Louisville & Nashville strongest. NYSE listed securities added capital and timing total about 01,080,000 shares. notable gains and losses across multiple rail and utility issues as market swung through the day.

New York Prime Mercantile Sterling Exchange Reading Western Union Kansas & Texas Jersey Central Louisville & Nashville New England Texas Pacific Income Trust Denver & Rio Grandees Mackinack & Marquette Land Grants Erie Flint & Pere Marquette Gulf, Colorado & Santa Fe Houston & Texas Ilinois Central Lake Shore Louisville & Nashville Generals Susquehanna & Western Denver & Rio Grande Western New Orleans & Mobile Virginia Midland New York Stock Exchange Missouri Pacific Railway Missouri, Kansas & Texas General Consolidated Mortage Chicago, Rock Island & Pacific Mexican Central Railway Company Canada Southern Central Pacific Chicago & St. Louis Delaware Denver & Rio Grande Ryley Lowsville & Nashville Michigan Central Manhattan Missouri Pacific Los Northwest New Jersey Central New York Central Northern Pacific Ohio & Mississippi Pacific Mail Peoria Dec Evans Weading St. Paul Omaha Isos Ccec Union Pacific Wabash Pacific Oregon Transcontinental Richmond & West Point Hocking Valley St. Paul & Duluth

Supply Figures Show Dee Marine Tonnage Change

The report notes Dee supply at 56,289 tons on a given date versus 57,357 tons on November 1, indicating a decline in available tonnage for the period.

Various Firms Declare Dividends in Fitchburg and Beyond

The Safety Fund National Bank of Fitchburg declares a dividend of $250 per share. Wachusett National Bank Fitchburg also declares a dividend. Boston & Colorado Smelting Company announces a quarterly dividend of 242 per cent. The Chicago St Paul Minneapolis & Omaha Railway issues a 3 percent semi annual dividend on preferred stock. Quisro Silver Mining proclaims a monthly dividend of 50 cents per share. Metropolitan Railroad declares 5 percent equal to $260 per share. Granite Railway sets a $4 per share dividend. Sanford Manufacturing announces a quarterly dividend of 2 percent. Cambridge Horse Railroad declares 2 percent semi annual. New Bedford Manufacturing grants semi annual dividends of $4 per share on both old and new stock. Wells Fargo & Co declares a semi annual dividend of 4 percent.

Safety Fund National Bank of Fitchburg Wachusett National Bank Fitchburg Boston & Colorado Smelting Company Chicago, St. Paul, Minneapolis & Omaha Railway Company Quisro Silver Mining Company Metropolitan Railroad Company Granite Railway Company Sanford Manufacturing Company Cambridge Horse Railroad Company New Bedford Manufacturing Company Wells, Fargo & Co

Metropolitan and Railroad Bond Listings Shown

Listed securities include 83 Metropolitan Highway RR 112, Connecticut River Railroad 192, 10 Massachusetts Loan and Trust Co 116 with 8,000 principal, Cleveland 6s 1890, Chicago & Mid Lake Shore 53s 89.107% 2 1,000, Tarhio Valley Ist m7s 1920 3,000, New Mexico & S Pacific Lst WSvi, 2,000, St Louis & San Francisco Equip 6s 10613 000, Chicago Burl & Quincy 4s 1921 90% 1,000, Rutland RR Ist mort 6s 1902 dividend.

Metropolitan Horse RR Connecticut River Railroad Massachusetts Loan and Trust Co Cleveland Chicago & Mid Lake Shore Tarhio Valley New Mexico & S Pacific Lst Wsviske Peo St Louis San Francisco Chie, Burl & Quincy Rutland RR Ist Mort

London Market Summary of Securities and Bullion Inflow

London prices for Consols and United States bonds are quoted with varied fractional yields. Stocks listed include Atlantic and Great Western firsts Canadian Pacific Erie Illinois Central St Paul New York Central Pennsylvania Reading and Mexican ordinary with mixed readings. The Bank of England balance today shows bullion inflow of £25000.

London United States Erie Illinois Central St. Paul Common New York Central Pennsylvania Reading Bank of England

Real Estate Transfers in Suffolk County and Nearby Cities

Transfers recorded December 3 to December 10 across West Chester Roxbury Jamaica Plain East Boston Chelsea and Revere detail parcels on streets such as Central Porter Marion Marlboro and Clinton with prices from 1 to 15000 and mortgage backs noted for several deeds. Named buyers include Ambrose A Ranney Benedict J Dunn Ann Hoadley George Streeter David Baker Joseph Griner and Mary Phipps among others.

West Chester Park Ambrose A. Ranney Henry M. Whitney Dorcy Lister George Derby Wells Benedict J. Dunn Amipandine Street Henry C. McDuffee Et al A. Ann Hoadley Cushing Avenue George F. Winkham Charles H. Streeter Central Street Roxbury Brian Curley Joseph Griner Hollis Street Samuel Little Et al David S. Baker Island Street West Roxpurny Henry Friese William H. Binisdeill Willow Street Jamaica Plain George E. James George Faulkner Alveston Street Bostox Sarah T. Sheldon John Smith Porter Street Union Institution William Hawkins Et al Thomas H. Hawkins Marion Street Chuelsea Mary Sisley Benjamin Phipps Shawmut Essex Streets Main Street Seth Weston Ann Maria Wiley Marlboro Street George Godfrey Joseph Francis Clinton Street Revere Isaac Weaver William G. Harris Eastern Railroad Company Priecuron George A. Wilson Frank E. Magullion Allston Street

Mortgage transfers recorded in Charlestown and Roxbury

A series of December mortgage deeds recorded involving George A. Frost, Francis C. Richards, Mary C. Walker, Willard White, David Parker, Richard Patterson, Jacob Fox, Francis E. Archer, Mary May Hayward, Thomas W. Bicknell, the Roxbury Institution for Savings, Mary J. Hall, Edward Ordway, Dennis Shea, and the Warren Institution for Savings. Properties include Langdon Street Roxbury Windsor Street South Boston Sanborn Avenue Rutherford Avenue Charlestown with sums from 1000 to 7100 dollars.

George A. Frost Francis C. Richards Langdon Street George A. Salmonet Ax Mary C. T. Walker Windsor Street Roxbury Willard White David Parker Perrin and Waverley Streets Richard Patterson Jacob Fox Third Street Boston Francis E. Archer Mary May Hayward Bailey Street Thomas W Bicknell Roxbury Institution For Savings Sanborn Avenue Mary J. Hall Mary J. Hall Et al Edward Ordway Rutherford Avenue Charlestown Dennis Shea Warren Institution For Savings Warren Street

Trade agents listed across multiple cities and firms

A roster of business agents and parters is shown with city and firm associations. Names include G H Lester Chicago W I F Fargo C H Fargo Phelps Dodge Am Straus Baldwin Sutter Blum Murphy Taylor Rosenthal Rosenstock Oppenheimer and Redfish with various roles across Chicago Cincinnati Detroit Galveston Lafayette San Francisco and Par communities.

Binghamton G H Lester Lester & Co Chicago F M Fargo H Fargo & Co George E P Dodge Phelps, Dodge & Palmer Ads Cincinnati John Straus Detroit Mich S C Sutter H P Baldwin & Co Galveston Tex Aaron Blum L & H Blum Par Lafayette Ind Dayvid Murphy Murphy & Comstock Toledo William

Hurricanes On The Atlantic Hit Four Steamers

Four ships Milanese Bulgarian Mareca and Scandinavian arrived at the port reporting a north Atlantic hurricane from Dec 8 to 15. Sudden gales and heavy seas battered all, with Fred Wilson of the Bulgaria injured by flying debris and the Mareca captain using oil bags to cushion seas.

London Liverpool Hamburg Glasgow North Atlantic Fred Wilson Bulgaria Mareca

Labor arbitration hearing continues in Lynn

The Francis W. Breed employees hearing before the State board of arbitration resumes with a large crowd in attendance. Mr. O Leary contends workers were discharged for strong involvement in labor organizations. Testimony suggests dismissals were without cause unless tied to advocacy for labor.

Francis W. Breed State Board of Arbitration O'Leary Lynn

Harvard Library to be lit with electric lights

Harvard students rejoice as the college plans to install electric lighting funded by 82000 in subscriptions. Edison company plans approved but the dynamo engine’s location remains unresolved. placing it in the library risks noise while placing it in adjacent buildings would raise costs and delay installation.

Harvard College Edison

Rev Edward G Porter resigns from Hancock Congregational Church

The Rev. Edward G. Porter resigns after ten to twelve years as pastor of Hancock Congregational Church in Lexington. He plans to travel to Europe for study and lecture material. Church action on his resignation is not yet known. Also noted is the Cambridge railroad fare change affecting local but not through Boston routes.

E. G. Porter Edward G. Porter Hancock Congregational Church Lexington Cambridge Somerville Boston

Leather Market Hits Peak Sales in Sole Leather for Export

The leather market sees large sole leather export sales this week while rough leather stays quiet in buyers' favor. Light leather holds steady with crop leather active and brogan supply small. Prices largely unchanged with high demand for ordinary heavy finished and dull best grades.

New York Astoliws

Boots and Shoes Trade Shows Mixed Holiday Demand

Factory orders rise as holiday demand remains strong for slippers and rubber goods while light goods slow. Retail salesmen report encouraging shipments and jobbers push for timely contracts though some buyers delay samples. Year to date footwear shipments reach over 2.8 million cases, up from the prior year.

Brockton New England

Advertising Agent Duncan Sniffen Seeks Broad Listings

E. Duncan Sniffen, advertising agent at 3 Park Row New York, inserts ads in all first class newspapers and magazines at lower prices with superior layout. He guarantees effective appeal and honors commitments. Free catalogue by mail.

E. Duncan Sniffen Park Row New York

India Rubber Prices Show Slight Decline In Quiet Market

The market is quiet with price dips noted for various grades. Fine Para quoted around 70c, coarse near 50c, Nicaragua scrap and sheet around 51 52c, and Guayaquil at 48c as New York trends remain limited with cautious buyers spacing purchases.

Nicaragua Guayaquil New York

Market Reports December 22 1884 Flour Corn Prices Hold Steady

The flour market remains unchanged with quiet demand and no large sales. Corn holds steady with various grades quoted. oats, barley, and mixed grains show no major shifts. Provisions remain steady with pork and lard patterning near last reports and beef and other meats unchanged.

India Chicago Lord, Choice

Butter and cheese markets hold steady amid mixed demand

Butter in New York and Chicago show steady or unchanged pricing with fair demand. Eggs, beans, and poultry remain largely steady. a modest demand for premium grades persists. Market notes list varied quotations for butter, cheese, eggs, and poultry across regions.

Market Prices for Seeds Fruits and Groceries Listed

Various seed and produce prices including Northern fowls Rhode Island greens ducks and mallards, Western quail and partridges, beans and peas by lot, hay straw and potatos with regional variations. Also notes on apples grapes dried fruits and nuts with auction orange prices and citrus figures.

Rhode Island Canada Timothy Northern Jersey East Swale Maine New Brunswick Houston New York Do Hebrons Burbanks PEI Chenangoes Dorose Virginia St. Andrew Cape Caddo

Cotton and commodity prices in Liverpool and New York markets

Liverpool cotton futures opened steady and closed firm with mixed December to July contracts. Spot uplands and Orleans quoted firm. receipts 17,800 bales, sales 20,000 bales. New York spot closed firm with varying grades. Pipe line certificates and refined oil figures listed. Sugar and molasses prices described with several quality distinctions and wholesale quotes.

Liverpool Mid Uplands Orleans New York Uplands Sale Yi Wa Eteck Manila Porto Rico Cuba

Brighton and Watertown Week Ending December 22 1586

George J. Fox reports from the Boston Post on events in Brighton and Watertown for the week ending December 22, 1586. The column notes local happenings, developments, and notable occurrences affecting residents and the town.

Brighton and Watertown Boston Post George J. Fox

Also Mentioned on This Page

Erie Telephone L200 New York Commercial Bulletin Leke Baltimore London Cables Messrs Vivian C&& Bond Boston Stock Exchange Brokers’ Board San Diego GO Union Pac T& F Kk & W Bell Tel Watel Ccs National Mfg Oston & Albany Boston & Lowell Conn River C.be&n F&p A&p T&se Bliss NY &Ne Os A&p Spr& M Bell Lamson S Bé& L B& Maine Og A, T&s E Cent Lr& Gu Ss. Se Fae NY & N VE WP Ag B&n Ce Baik Oe Cscs Edo Eee Tremont National Bank LO Exchange National Bank Old Boston National Bank Aes National Bank VO Newton National Bank Boston, Concord & Mont RR Northern Detroit, Hillsdale & SW RR Chicago Rolling Mills Concord Little Rock & Ft Smith Mechanics’ National Bank Bunker Hill National Bank Second National Bank Oseweeesees Old Boston National Bank Tremont National Revere House Co Exchange National Bank Veekee State National Bank Suffolk National Bank Columbian National Bank Isledee Revere National Bank National Bank of Commerce Third National Bank Hake RD NEW York Financial Adams Express Oregon Trans Alton & Terra Haute American Express Panama Boston Air Line P’d Dee E Canada Pacific Pittsburg Newee CBU Pullman Palace of Canton Rich Allegheny Danville Koch Chesapeake & Ohio Rock Island St. Louis & San Fra Chicago & Alton Col. & Hock. Val Illlnois Central Bloom. & West Utica Es Oal & Iron VetAm le Pacific D.C Entral Pac Mil L. Oer R. G BR. G. West Ist Missouri Kk & Pac Mobile & Ohio Bee Morris & Ft Nans Pac Consols Nashville K. P D. N.J Norfolk & West Pref iNorthw Consol Northern Paclae DIELS Livia Basset, Whitney & Co Devonshire Street Stock Exchanges Kidder, Peabody & CO Nassau St Phila Delphia Street Cable Bonds St.louis Cable & Western Blake Brothers S State Street New England Telephone Boston Water Power Top &S Atlantic & Pacific Boston & Albany Boston & Meee Central of Mass Burl North Eves Quine Chic East Ilinois Cin San K C Clinton & Springtiea Little Rock K Fort Smith Mary, Hough & Ont Old Colony Altlouez SP Atlantic Bonan Boston & Montans C&& Mecla Quincy Wilson W. Fay & Con Street Aeolian Lee Flec Elec Catalpa Winthrop Wa Gray's Dynamo Burton Stock Cares Northwestern St.l San F Pretec Sis St Paul iGo Pac. Cal N. Y S. L Ohio & Miss T. P Union Pac Ontario & West West Shore Colorado Sierra Nevada Ontario Cristo Secorpion Bodle Eccnese California Cal Alfa Bulwer Best & Belcher Mt. Diablo Bodie Con Crown Point Savage Tee Gould & Curry Hale & Norcross Union Yellow Jacket Utah Foreign Financial Markets Suffolk County Para Eno Wella CERO Ayres Hide. Licht Firstsel’d’n Middle Hea AG Calcutta Buffalo River Plate Montevideo Gambia Bissau Buenos Ayres Entre Rios Cordovas Ceara Cape Good Hope Texas Sierra Leone Rangoon Cordova China Sandwich Islands New Orleans Brighton and Country Corrientes Concordia Bogota Georgia Buenos Aires Ogee Hee Nmatainolas Cei Orinoco Central America Ceee Buenos Ayres Kips Matamoras City Central American Porto Cabello Maracaibo West India Europe Savanilla Mexican Truxillo Bahia Western Brazil West Brighton West Nod iGlee Rio Grande Allge Wueatr Eighest Ae Deco Aly Fed Bakers Michigan Stone Canada Superior No 1 Eastern Eastern Creamery Vermont Creamery Ohio New Hampshire Vermont Michigan Nova Scotia Island Buerre de Anjou Duchess Bentre Rose Lawrence Almeria Hubbardstons Baldwin Greening Tailman Sweet Northern Spy Messina Jamaica Palermo Malaga Florida Hampshire Soo Watertown
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