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This newspaper page contains 27 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Dec 26, 1887

Page

6

Money market softens as rates ease at clearing house

Boston reports an easy money market with clearing-house rates dipping to 5.6 percent while general market rates hold steady. Bankers see New York reserves rise. copper and railroad notes color reports outline large capital moves and interstate exchanges for the week ended December 24, 1887.

Boston Clearing House New York Columbian National Bank State Street Devonshire Street New York Bank

Dividend Declarations From Two Trust Companies

The American Loan and Trust Company declares a 3 percent dividend payable January 2. The International Trust Company declares an 8 percent dividend payable January 2.

American Loan and Trust Company International Trust Company

Basset Whitney Co Bankers and Brokers New York Boston

Basset Whitney and Company operate as bankers and brokers with offices at 2 Devonshire Street serving New York and Boston stock exchanges. They provide direct wire trading for stocks and bonds, catering to investors or margin accounts. They deal in municipal and railroad securities.

Copper boom continues as London market steadies

In London during the past week discount remained quiet at 20to peep. stock exchange activity was limited by holidays and the week leaned downward. American railroad securities showed inactivity with selling to liquidate before year end. Copper prices closed Friday at 64 5s cash and 85 pounds three months, with active buying. Paris shares were firm though French cable shares slipped 5 1 4 due to suit fears against a French company. Rio Tinto and related copper stocks advanced as a possible three year production-syndicate forms to curb output if copper falls below 65.

Nebraska Railway Company Beloit Kan Jewell Mitchell, Jewell and Smith Union Pacific Salina, Lincoln & Western Railroad Kansas Railroad Commission New York Commercial Bulletin Europe Clique Holdings Clique New York Evening Post Paris Rothschilds Comptoir d’Escompte Banque de Paris Andre Girod & Co M. Secretan Société Des Metaux Blake Bros. & Co Missouri State London Stock Exchange Fiat Rio Tinto Thaise’s Santo Domingo

Closing Prices for Mining Stocks in San Francisco

Official closing prices show a range among mining shares on December 24 in San Francisco. Notable quotes include Nevada Queen at 2.30, Ophir around 3.00, Crown Point and Sierra Nevada near 4.40, and Gould & Curry about 4.65, with several others listed under varied figures.

San Francisco Cal Jsest & Belcher Nevada Queen North Belle Isle Cereer Viewes Savagc Crown Point Tyg ‘Sierra N Gould & Curry Union Con Ale & Norcross Ces Scias Tees

Fitchburg Railroad Directors Report Details Consolidations

The forty six directors release the Fitchburg system's annual report covering consolidations with Troy Greenfield Hoosac Tunnel and Boston Western lines. They note earnings rise from prior year, describe expansions including double tracking and improved connections with New York trunk lines, and outline plans for an elevated grain elevator to protect Boston trade. The document also mentions the death of director Seth Lemis and provides a profit and loss statement.

Fitchburg Tedburg Troy & Greenfield Hoosac Greenfield Railroad Fitchburg Railroad Company Fitchburg Railroad Troy & Boston Railroad Railroad and Contine Improvement Ton Oosac Tunnelway Company Railroad Hoosac & Hoosac Boston Troy & Hoosac Tunnel Fitchburg and Anies de Fitchburg Bos& Western Rail Troy & Greenfieldunnel Joy & Boston Railroad Hoosac Tunnel & Western Railroad Troy Albany Chicago West Shore Buffalo State of New York Delaware & Hudson Canal Company New York Lake Erie & Western Delaware, Lackawanna & Western Lehigh Valley Trafic Cheshire Connec Direc Rotterdam Central Vermont Erie Canal Vermont & Massachusetts Greenfield Era Johnsonville N. Hoosac Tunnel Weston California Hudson Lake Steamship Lines Evie New England Seth Lemis

Business Troubles Across Several States

Reports of numerous insolvencies and assignments surface nationwide. Mil waukee miller Sylvan Wahhalm fails while Boston leather boards firm Richmond J Lane assigns with liabilities around 48000 dollars. Detroit boots firm W D Robinson accepts 25 cents cash and 40 cents in notes to continue as stock company.

Sylvan Charles E. Brett Ceater Intov and Harwich Rr. T. Parks Boston H.C. Gibbons & Co New Haven Conn Altman & Co Hat and Cincinnati San Francisco Cal Desatch William Dresbac John Rogenfeld A. A. Paul Canal Dover, O

Boot and Shoe Buyers

Cincinnati Ohio John Straus Am Petroit uch S C Sutter Tre Davenport la A P Doe Re a Tenn W W Jackson of B Lowenstein Co U 8 San Francisco Cal S Feder of Rosenthal Feder So tre San Francisco Cal S W Rosenstock of S W Rosen stock Co tre

Cincinnati John Straus Petroit Uch Sutter Tre Davenport Doe Tenn Jackson Lowenstein & Co U 8 San Francisco Cal Feder of Rosenthal, Feder & So Rosenstock Rosenstock & Co

Major railroad expansion plans unfold across multiple states

The report outlines extensive improvements at Dowington Pennsylvania including a new bulkhead at Camden docks, dock modernization, track extensions for summer travel, and rearranged freight yards with heavy derricks. It also mentions a Duluth bound line via Manitoba and a Yankton to Denver route plus a Savannah to Atlantic corridor projected as the Savannah Atlantic railroad with about 800 miles, funding undisclosed.

Linneapolis New York Montreal Chicago Pittsburg Buffalo Albany Sault Ste. Marie Minneapolis Sault Ste. Marie & Atlantic Company Canadian Pacific Washburn Boston New Zingland Northwest Boston & Maine Dakota Seaboard St. John Maine Wilderness Bradstreet Dowington Camden Duluth Manitoba Wilmar Sioux City Yankton Dak Missouri River Denver Lake Superior Pacific Union Pacific Kansas City Journal Birmingham Ala Savannah

Real Estate Transfers Across Boston Neighborhoods

A batch of deeds records transfers on December 15 and 16 involving parcels on Charles street Buckingham place Pinckney street Beacon Street Brook Avenue Morton Street Metro Clifford Street Tolman Street Mather Street Arlington Street Webster Avenue Chestnut Hill Avenue Bennington Street and other areas. Transfers include purchases by Esther B Gray Benjamin Hatch Patrick Shea Dudley Pickman Elizabeth Lee Annie Atkinson Mary Cox Emanuel Erickson Nils Potter Wyman M B McGilvery Edward Foster Rosa Van Dam Michael Quirk Harlan Morrison and others with mortgages back to lenders. Several parcels total 1 000 square feet or more with prices noted including 11 000 and 2 600 dollars.

Charles Street Elizabeth C. Pettengill Esther B. Gray Charter Street Buckingham Lace Charles J. Paine Benjamin H. Hatch Buckingham Place Robert “. Paine Pinckney Street Lucy FB. Pickersgill Patrick Shea Beacon Street Massachusetts Hospital Life Insurance Dudley L. Pickman Elizabeth P. Lee Brook Avenue Rederick E. C. Bryant Mary A. Cox Roxpury Peter Graffam Annie N. Atkinson Morton Street Charles J. Page Charles A. Anderson Politan Avenue Emanuel Erickson Clifford Street Edward J. Foster Mather Street Howard J. Worcester Rosa van Dam BrighTton Morris Kelly Daniel King Reno Street Toerence McQuade Et al William Colwell Chestnut Hill Avenue George A. Wilson Michael Quirk Arlington Street George W. Morrison Harlan P. Morrison Webster Avenue Robint McKillican Dlyton William Glynn Robert J. Trotter Bennington Street

Mortgages Registered on December 15 16

Susan Haslett transfers a mortgage on estate No 66 Charter Street for 1850. Beachmont Associates Improvement Society mortgages land on Commonwealth Avenue south side for 500. Patrick Shea mortgages land and buildings on Righton Street for 1600. Thomas Ileary mortgages land on Salem Street for 1000. William J Rotch mortgaged No 72 Dover Street to New Bedford Savings Bank for 20000. Benjamin Hatch mortgages land on Dover Street for 1000. Thomas W Bicknell mortgages land and buildings on Sanborn Avenue for 8600.

Susan Haslett Edwin M. Bigelow Charter Street Beachmont Associates’ Improvement Society G. W. Wiltert Commonwealth Avenue Patrick Shea James B. Richardson Righton Street Thomas Ileary James Farrell Salem Street William J. Rotch New Bedford Savings Bank Dover Street Benjamin i. Hatch Charles J. Paine Thomas W. Bicknell Francis A. Dewson Sanborn Avenue

FATAL ACCIDENT AT AUBURNDALE

Maria Burke 22, of Auburndale, was struck by the 6 o clock Boston express at the Charles street crossing near Riverside station. She was thrown about thirty feet and died instantly from a skull fracture and a deep cut under the jaw. She had just returned from Boston where she was employed in Evergreen av.

Auburndale Maria Burke Samuel Ritchie Enne Boston Charles Street Riverside Station Evergreen

Tar Revere House Refurnished In Elegant Style

A historic Tar Revere House has been completely refurbished to a refined and comfortable design. The project emphasizes classic lines, updated amenities, and improved livability while preserving period details.

Tar Revere

Market Report Shows Steady Prices Across Commodities

The metal market is about the same as last report with firm butter and rye, quiet corn and oats, steady rye flour, and quiet millfeed. Beans show good demand while hay and oranges remain strong, cranberries firm, and pork steady. poultry and game easing with other staples like potatoes and sweet potatoes moving modestly.

Copper Market Surge Driven by French Syndicate and Tin Risks

The copper market remains dominated by a French syndicate controlling prices with Chilean bar quotes around £85 4s, while copper in sight is at a three year low. American markets show mixed activity with substantial futures and spot trades. London notes sharp copper rises fueling speculative bets in Société des Metaux, with warnings of a possible collapse if copper speculation wanes.

Market Reports December 24 Flour And Grain Prices

The flour market remains firm with millers seeking full prices and little trading. Spring patents at 5.50 to 5.60 per barrel, winter patents 4.55 to 5.10, corn quiet with no change on the board, cornmeal and oats steady, rye barley and malt quiet but firm, other grains and byproducts showing limited spot activity and prices retained.

Minnesota Michigan Canada Superior Canada Roller Canada Extra

Grain and feed price report with mixed quantities

The item lists prices for choice barley and white varieties, rye, millfeed, cottonseed meal, and hops with state and Canada distinctions. It notes carload lot applicability for rye and gives ranges for flour quotations across wholesale and jobbing markets.

Produce Market Quiet as Prices Hold Steady Across Goods

The market shows steady demand and unchanged quotes for butter cheese and eggs with ample herd eggs. Beans, hay, potatoes, and sweet potatoes display firm or quiet activity. poultry demand remains good but supply is large, while prices across categories stay near last quotes.

New York Vermont Vermont Diary Northern Choice Ohio Choice New Hampshire Choice Canada Choice Western Michigan Nova Scotia Island New Brunswick West North Timothy Clover Red Top Jersey East Swale Houlton Rose Houlton He Hebrons Y Bush Regent St Andrews

Fruit market notes steady with firm cranberries and selective demand

Oranges and lemons steady as fruit prices hold. Cranberries remain firm with limited choic e lots. Catawba grapes in moderate demand at 642 7.2¢ per pound. Apples show minimal change with varied bbl and box pricing for Spy King Hubbardston and Baldwins. Dried apples, nuts and assorted fruits largely unchanged amid market quiet.

King Hubbardston Baldwins Cape Cod Aspinwall Port Limon Jamaica Palermo Florida Virginia Babe Virginia Prime Virginia Common Grenoble

Pork and beef market notes with export demand steady

Good demand for pork and lard especially for export with weekly export totaling $155 000 up from $105 000 the prior week and $115 000 a year ago Prices show little change across beef mutton and lamb markets with quotes for pork and lard long cuts backs and ribs listed and fresh beef prices varying by cut plus assorted fresh meats and veal prices.

Choice City Chicago Brighton

Maritime Net Receipts Report Shows Mixed Freight Activity

The report lists New York, Memphis, Cincinnati and other ports with varying net receipts and stock levels. Galveston appears steady with 569 gross and 103,435 stock. Savannah highlights 4 782 net receipts and 65,000 coastwise exports. Philadelphia shows no receipts with stock at 26,568. Be Louis notes 1126 net receipts and 2812 gross.

New York Memphis Cincinnati New Orleans Augusta Galveston Mobile Savannah Charleston Norfolk Philadelphia Baltimore Louis

Sugar Market Quiet with Steady Prices Across Sectors

Raw sugar trading remained slow with steady quotes for centrifugals and refining grades. Granulated sugar held around 61.5 to 62 cents, while pulverized and confectioners grades showed firm or minor shifts. Molasses mixed with new crop prices and regional futures noted for Cienfuegos and Barbadoes.

Loiles Belmont Cienfuegos Barbadoes

Wheat and flour prices from Minneapolis trade centers

Reports from trade centers in Minneapolis on December 24 show wheat on track with No 1 hard at 75 4¢, No 1 Northern at 73 4¢, and other grades ranging 72 to 77 cents. Flour prices list patent sacks to ship at 410 to 425 dollars and bakers at 345 to 375 dollars.

Minneapolis

Cattle and Hog Markets Report From Chicago

Cattle receipts about 4000 and 3000 shipments. prices down 10 to 15 cents for shipping steers and stockers. Hogs receipts 16006 with 6000 shipments. prices steady to 10 cents lower. Sheep receipts 1000. demand strong for natives and western grades with lambs around 4.50.

Chicago Texas

Sugar market in Havana steady as week closes

Foreign Markets reports quiet sugar trade in Havana with high prices limiting activity. Centrifugal sugar sells at 306 53722 gold per quintal in bags and boxes. Week receipts total 10 500 bags and 64 hhds. exports to the United States run 44 boxes 4500 bags 97 hhds. Freight rates remain at 250 gold per hhd both for Havana loading and north coast exports.

Havana Matanzas United States

Imports and Exports. Liverpool 1887 Billet of Goods

A detailed listing of imports at Liverpool and other ports dated December 24 1887. The document names multiple firms and the vast assortments they shipped or received including cotton, woollens, iron, machinery, leather, linen, and bricks. Specific consignors and buyers such as Morey Churchill & Morey C W Power and Jordan Marsh & co appear with quantities measured in bales crates cases boxes and bundles.

Liverpool Eng Hadley Co Hinckley Bros & Co Morey, Churchill & Morey Baring Bros & Co Bois Steel Schoenhof Horswell & French Brown Murdock Boston Wall Paper Co Moors & Co Cummer, Jones & Co Saco Water Power Lowell Codman & Shurtieff Little, Brown &Co Cunard Co Wst Eases Dry James Lowell & Co Houghton & Dutton Walter H Durfee Arthur A Brigham Frost & Adams Bernard & Co William Everett Levin Pierce & Co Jacé Walker Stetson & Sawyer R & J Farquhar Noonan Bolls Prushes Kidder Griffiths Thayer, McNeil & Hodgkins Jordan, Marsh & Co C . Hovey & Co Shepard, Norwell & Co Chase Haley & Co Kennedy & Murphy Bigelow, Kennard & Co Benj Levy & Co Abey, Deeneker & Co H M Peyser & Co Benj French & Co Horace Partridge Coleman, Mead & Co Shoninger, Moses & Co Gillespie & Co John M O’rourke Thurloteletown Pel McKeever & Hail Souris Pei Savannah Shawmut Barry, Thayer & Co Fishdale Mills Cordis Mills Palmer Mills Stark Mills Appleton Co Charles Storrow Laconia Pepperell Co Methuén Co Laconia Co Atlantic Mills Green & Co M Weld & Co Otis Co Everett Mills Warren Mills Thorndike Co Newmarket Co Barry, Ponte & Co Cohannet Mills Columbus Mans Co George Dexter Adams & Co Stetson & Co

Exports from Halifax Pavonia and Morien in late December 1887

The Halifax steamers Worcester and Pavonia report diverse cargoes including meal, flour, beans, hardware, pianos, rubber goods, leather, lumber, and various oils and metals, with substantial quantities shipped to Halifax and Liverpool. Additional listings cover St Johns schooner Lottie and North Sydney schooner Morien cargoes such as pitch, tar, kerosene, flour, oats, and cornmeal.

Halifax Worcester Holland Liverpool Eng Pavonia ST Johns North Sydney

Also Mentioned on This Page

Oansseeces National Bank Sterling Exchange Reichsmarks Ite Boston Post Christ Indianapolis Columbus Louisville York Lonis Royv Haven Owell Topeka Aker The D.oyton T. Louis Joacim Altimore Orleans St Cdittsburg St. Paul Ore Omaha Detroit Cleveland I. T Pacer Indianapeolis Semphis Jartford En Haven Eoria Core Rortland Gag Ringfield Joseph Rand Rapids N.Y Williams & CO Foreign Financial Markets Railroad Matters Itaxeb Eeck Ee Creas Prsces Sudbury Brockville St. Louis New York Tribune Western Railway St. Louis, Arkansas & Texas Railway Company Illinois Central Illinois Company St. Louis & Texas Company St. Louis, Arkansas & Texas Company Auditing Treasury Boot and Shoe Buyers Suffolk County London Economist Laveissiere & Secretan Paris Comptoir d’Escompte Lake Gray Forge Kelinton Summeriee Garthsherrie Langivan Glengarnock Coltness Canada Eastern Mit
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