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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Feb 01, 1887

Page

6

Money Market Report from Boston and New York

The Money Market closes with steady rates for prime and good mercantile paper at 5 to 6 percent. New York funds sell at a premium of 15 to 20 cents per $1000. Clearing house rate steady at 2 percent. Boston stock market dull with mixed bond and stock activity. Lamson Store Service and West End Land show gains while Bell Telephone weakens. The local bank statement promises a reserve surplus gain of 88,715 with loans and deposits down.

Boston New York Sterling Exchange Bks Res Eastern Lamson West End New England Atchison Bell ‘Telephone Bell Telephone New England ‘Telephone Osceola Lamson Store Topeka & Santa Fe Central Massachusetts New York & New England Union Pacific West End Land Chicago Burlington & Quincy Cleveland & Canton Flint & Pere Marquette Summit Branch Boston Land Boylston Street Wisconsin Central Adams, Blodger & Co Messrs Irving A. Evans Congress New Haven Jay Gould Little Rock & Fort Smith California Southern Strong Ottumwa Mississippi Missouri Kansas City Sibley Chicago, Burlington & Northern Cincinnati, Sandusky & Cleveland Iowa Falls & Sioux City Chicago & West Michigan Flint & Pere Marquette Common Detroit, Lansing & Northern Chicago & Eastern Illinois Atlantic & Pacific Sompey Summit Brasich Pennsylvania Railroad Marquette, Houghton & Ontonagon Caimmet & Heela Mining Company Mexican Central Chicago, Kansas & Western Kansas Fitchburg Commonwealth Mason D. Brxson Eastern Common

Danbury and Norwalk Railroad Declares Dividend

The Danbury and Norwalk Railroad Company has declared a dividend of 125 per share.

Danbury & Norwalk Railroad Company

Iowa and Texas Firsts Highlight Early 1909 Rail Debentures

The report lists firsts and debentures from multiple rail lines including Iowa, Knoxville, Nickel Plate, and Texas Central with figures on gains, percentages, and bonds. It notes St Paul consols, Denver and Rio Grande, Mobile and Ohio, and Northern Pacific seconds with per mile earnings and debt details. New York Stock Sales summarize Jan 31 activity with total shares 220,444 and Atchison system debt per mile, gross and net earnings per mile, and related ratios.

Iowa Erie Knoxville & Chile Norfolk & Western Texas Central St. Paul Denver & Rio Grande Western Mobile & Ohio News Northern Pacific Peoria & Pekin Union Toledo, Peoria & Western Trust New York Atchison Thetchison Company Sonora Road Atchison and Southern Kansas

Foreign Financial Markets Report From London

London market bulletin lists Consols at 100 12 16 for money and account. U S 42 1 8 1 2 percent. Atlantic and Great Western firsts 44. Canada Pacific 64. Erie 31 58. Illinois Central 136. Mexican ordinary 48 1 4. St Paul common 90 4. New York Central 114 4 4. Pennsylvania 56 1 4. Reading 1 1 2.

London United States Atlantic & Great Western Canada Pacific Erie Inois Central St. Paul Common New York Central Pennsylvania Reading

New York Financial Market Quiet After Bear Raid Session

Money on call easy at 3 4 to 5 percent with last loan 4 percent. Prime mercantile paper 56 42 664. Bar silver 10242. Sterling steady to firm. Government bonds dull but steady. railroad bonds quiet and heavy. Erie and coal stocks active, others quiet. Bears raided on Cleveland interstate bill news and Europe rumors, sending prices down. Jersey Central and Lackawanna lead declines before 2 p.m. Then dull with a late bear revival. close weak at day’s lows. Railroad bond sales reached 1,292,000 with Erie second consols and Nickel Plate trust receipts noted.

New York Prime Mercantile Sterling Exchange Jersey Central Lackawanna and Srie Erie Bears Cleveland Europe Lackawanna Richmond & West Point

Railroads of the Atchison Topeka Santa Fe Field Report

Adams Blodgett & Co discuss the Atchison Topeka & Santa Fe system, predicting over six thousand miles of line and fixed charges near six and a half million dollars. They note Kansas extensions, Gulf port links, drought effects in northern Texas, and the Chicago extension's potential earnings. They cite 1886 income of 4.4 million and fixed charges around 3 million to be borne by new mileage.

Atchison, Topeka & Santa FE Adams Kansas Southern Kansas Railway Gulf, Colorado & Santa Fe Railroad Indian Territory Gulf Ports Galveston New York Texas Atchison Chicago Mississippi Fort Madison Iowa Pekin Chicago & St. Louis Atlantic & Pacific Atchison Company Kansas State Railroad Commissioners

Interstate Commerce Bill Brings Free Pass Prohibition

Judge John F. Dillon states that railroads subject to the interstate commerce act cannot issue complimentary passes for travel not connected with interstate commerce. He advises President Adams of Union Pacific that such passes would be prohibited under sections 1 3 and 22, awaiting judicial rulings to change this view.

Adams Union Pacific Railway Company Dillon Charles F. Adams, Jr Boston Mass S. R. Callaway Wate Ak John F. Dillon

Fitchburg Consolidation Aims to Absorb Boston Hoosac Western

Fitchburg officials indicate transfer of Boston Hoosac Tunnel and Western assets to the Fitchburg road is imminent, with the Troy and Boston line to gain new stations bridges and double tracking. Directors say bondholder delays won t stall the deal, and Troy benefits from consolidated control aiding competition.

Fitchburg Troy Times Fitchburg Railroad Troy City Phillips Fitchburg Road Boston, Hoosac Tunnel & Western Railroad Fitchburg Company Troy & Boston Road Times Fitchburg Party Troy & Boston Adams Street Boston

Pennsylvania Railroad urged to raise dividends abroad

English shareholders at a London meeting urged higher dividends from the Pennsylvania Railroad Company. They cited half year net earnings through November as justification. John Saylor reported unsatisfactory Philadelphia accounts observed by him.

Pennsylvania Railroad London Pennsylvania Railroad Company John Saylor Philadelphia

Earnings and consolidations shake rail and street lines

The Fitchburg line ends stop over privilege on fares under five cents. January earnings show gains across Mexican National Vera Cruz and Memphis Charleston lines with yearly comparisons. Jersey Central gains control of Cumberland road. Texas Pacific bondholders’ group plans a buyout. St Louis & Kansas City Short Line and Missouri Central to join Bee Line system.

Fitchburg Vera Cruz Memphis & Charleston Central Lawa Road Alton &Terre Haute Northern Pacific Tennessee, Virginia & Georgia Jersey Central Company Cumberland Road Texas Pacific Road Eastern Division St. Louis Kansas City

Merchant Ads Across Cities Highlight Albany to Waco Names

A condensed list shows advertising firms and representatives in multiple cities including Albany N A Haas Farr Haas Co Baltimore H I Lobe Grotten Mitchell Co Bloomington J P Smith RP Smith Sons Buffalo C A Sweet Centerville H Goss Chicago George P Gore Geore P Gore Co Champaign Ti T B Arnold Cleveland H B Childs George Simon ONeill Simon Detroit R H Fyfe Kansas City W P Moores Lexington George E Spencer Montgomery Pollak Pulaski Tenn J Tf Cannon St Louis Carter Parrish Jacob Frank Adler Altmayer Savannah San Antonio L Wolfson Toledo O Smith Lessing Soloman Rosenthal Par.

E L Smith Smith & Herrick Albany Ads Allentown Penn N A Haas Farr, Haas & Co Baltimore I Lobe Grotten, Mitchell & Co Bloomington J P Smith RP Smith& Sons Buffalo C A Sweet Tre Centerville H Goss Chicago George P Gore Geore P Gore & Co Champaign Arnold Cleveland B Childs Childs, Groff & Co George Simon O'Neill & Simon Ada Detroit Mich R H Fyfe IL Fyfe & Co Kansas City W P Moores P Moores & Son Lexington George E Spencer Watkins & Pers Ala Pollak Pollak & Co Pulaski, Tenn Tf Cannon J H Cannon & Co Craw St Louis C W Parrish Carter & Parrish Louis Jacob Frank Adler, Frank & Co Savannah R Altmayer Altmayer & Co San Antonio Tex

Rules for Eggs and Flour Trade Adopted by Chamber

An adjourned Chamber of Commerce meeting led by President Goodwin adopted amended egg trade rules with minor changes. Flour trade rules were reviewed and amended, signaling completion of the chamber's consolidation to current operating circumstances.

Chamber of Commerce Goodwin Committee On Paingins

Market Report Shows Broad Stability Across Commodities

Pig iron firm and copper steady while lead eases. Tin in good demand and flour firm. Corn dull. oats steady. oatmeal quiet but firm. Potatoes in good demand and firmer. Eggs firmer. butter, cheese, and beef firm. Sugar steady. molasses and straw quiet. Truck demand fair. provisions firm overall.

The Metal Market Report Sees Mixed Metals Activity

The metal market shows firm American pig iron prices at shipping ports with limited stock. Foreign pig iron remains in moderate demand as old rails hold steady, while American rails and bar iron also show firmness. Copper and tin demand persists, with copper prices above 11 to 12 cents cash and tin trading around 22 80 to 28 OV.

Gray Forge Eglinton Langloan Glengarnock Gartsherrie Carnbroe Colthness Lie Calumet & Hecla

Market Reports Jan 31 Flour and Grain Trends

No change in flour market. firms but dull trade. Corn dull and slightly lower. oats steady with minimal stocking. Detailed bid quotes, inspections, and stock tallies for Chicago New York and elevators listed. prices for oats, wheat, corn, rye, barley, and related products shown. closing prices noted for several futures contracts.

Chicago New York Seace Suerfine Michigan Stone Canada Superior Canada Rollers Canada Eastern

Butter Market Holds Steady Amid Stable Prices

The butter market remains unchanged with no notable price movements or supply concerns. Traders report steady demand and ample stock as market watchers await direction from dairy futures.

Market reports show scarce choice grades and steady prices

The market notes tight supply of choice grades amid ample common lots. Butter prices hold with Western creamery extra at 31 32c and firsts at 22 24c. eggs steady with Eastern extras at 31c on call and New York prices firm. cheese quiet but firm with Chicago and New York quotes unchanged. Beans, seeds, hay, potatoes, and poultry show steady demand and prices across regions.

Western Creamery Extra Western Creamery Chicago Elgin Creamery New York Liverpool Bovec B Bros Eastern Creamery Vermont Creamery Ohio Vermont Jersey Maine New Brunswick Houston P Bush St. Andrew Turnins

Fruit and nut price list from Massachusetts and beyond

A price update listing apples, greening, Tallman sweet, Northern Spy, and common varieties with Massachusetts and Maine prices. Also includes peanuts and pecans, dried apples in various grades, Valencia and Messina fruits, Florida oranges with grade ranges, cranberries from Cape Cod, and related boxes and weights.

Baldwin Massachusetts Maine Virginia Virginia Farmer’s Marks Valencia Messina Palermo Malaga Florida Cape Cod

Meat prices hold steady amid steady market reports

Provisions of all kinds remain about the same as last reported with varied quotes for pork and lard. Prices show little change across beef, fresh meats, and related items with detailed bid figures and delivery notes in the market ledger.

Chicago Brighton

Liverpool Cotton Futures Open Weak As Spot Dulls

In Liverpool the futures market opened dull and closed weak with various March to July spread quotes. Spot prices opened in buyers favor at mid uplands and Orleans, with 8000 bales sold and 26 000 bales received, 13 700 of which were American. In New York the spot market closed easy at the end of trading.

Liverpool Uplands Orleans New York

Also Mentioned on This Page

Manhattan Elevated Bostwick Newark Manhattan Addison Cammack, Jr A. m Kiernan Crawbaugh Bell Seeda Engineering and Mining Journal Silver Islet Consolidated Mining and Lands Company Judge Ingraham New York Superior Court Theodore C. Weeks Silver Islet Company Ingraham Weeks State Street National Mortgage and Debenture Company Basset, Whitney& Co Devonshire Street Stock Exchanges Kedder, Peabody & CO Nassau St City OF SE. Louis Blake Brothers & Co Silver Islet Silver Islet Mining and Lands Company of I. C. Weeks Boston Stock Exchange Am Boll Tel Vastern M&b Ps H & O Us Og & LC Ambell Tel Cal & Hee T&sf Boston & Albany Boston & Ore Ee SG Pawe Ee B& Q Ing Alt T. E Cleveland & Can Ptd Pac Air L. Ptd Can, Pac Iors & Pere Marg Northern Pac Ches. & Ohio Bos UN Pacific M. Chi. & Alton Be&mn Ste le &P Cal B& N Ciu San. & C Col. & H del. & H del. & Ge Den KK. G Aim Bell Telephone T&s F Fort Wayne St. J L& N Kanna Tex Wees Nygne Lake Ahors Yng Island Lou Bute A & Pine N. Alb BOS O- Man Bose Aes Man Mar & Cin Sp & M Memphis Peru Minn M. & OlMo Boylston St No. West A&p B &N B&q Nakis C& East Ilinois Ohio Cort K&p Ds Pittsburg Dan Oregon Roch. & P Rock Island Bell Telephone Beer St. de Pre St. Paul, M. & AM Hse Si Ne Isrie Aspinwall Land Brookline Land Bltty San Diego Land Wab. Pac Van Ee Prk Rees Boston Water Power Lee Ee Atlantic & Pacific Lat Ag Mail Pullman Pal Eastern Railroad Ga W. Union Wit Osing Union Pacific Link G Fund Lata Wisconsin R.G Atlantic & Pact P &P Boston & Maine Folly St. P California Central of Mass D& C ‘al pLex. Pac. LG Canton Tex. Pac B.G Burl North Isis W. Shore East Ulinois Go & West Midh San Fargo Mono Flint & Poi Marq Aledonia Ontario Town Falls & & City Col. Coal Qate Ksilver - Ao Fd Little Rock & Ft Smith Liety Abi Stanard Stanislaus Duita Old Colony Bonanza Montana Franklin Kot Huron Sea Quincy East KS Wilson W. Fay & Co Lord Acoustic Telephone Dyan Cin Es. Louis Napa Foreign Financial Markets San Francisco Alta Eeles Bulwer Beat & Belcher Bodie Ess Schollar Savage Sierra Nevada Con Cal & Va Crown Point Union Gee Fureka Oenee Gould & Curry Hale & ,Norcross Yellow Jacket NEW York Financial Railroad Matters
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