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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Feb 14, 1889

Page

6

Money Market and Stock Trading Report

The Boston money market remains quiet with large loanable funds and easy rates. Government securities hold firm while Chicago Burlington & Quincy stock falls below par amid bear chatter and looming dividend questions. notable activity shifts to related rail and mining shares in Boston and New York markets.

One Thousand Dollar Denomination Bonds Details

Bonds dated June 1, 1887 due June 1, 1907. Coupons payable June 1 and December 1. Principal and semi annual interest payable at the Boston and Maine Railroad Treasurer's office in Boston. Boston and Lowell Railroad leased for 99 years to Boston and Maine Railroad from June 22, 1887. Interest on Lowell bonds to be paid and dividends on stock: 7 percent for ten years, 8 percent thereafter until 1986.

Boston & Maine RR Boston Boston & Lowell Railroad Boston & Maine Railroad

Dividends Declared by Firms Including Corsicana Loan Agency

The Consolidated Adjustable Shoe Company declares a quarterly dividend of 144 per cent. The Texas Loan Agency of Corsicana Texas pays its regular semi annual dividend of 7 per cent on March 1 1889.

Consolidated Adjustable Shoe Company Bes Texas Loan Agency Corsicana Tex

London Market Summary and Bank of England Note

London financial report lists Atlantic and Western firsts at 34% Canadian Pacific 63% Erie 29% Erie seconds 105 St Paul 64% Pennsylvania 56% Mexican Central firsts 72% Money market at 2% 8 2% Illnois Central 116% Paris rente 83 fr 60 ct India Council bills allotted at a decline Bank of England bullion withdrawn £135000.

Boston Stock Exchange McKay & Bigelow Hee Boylston Los Chelsea Gaslight Co Farmers’ Loan and IT. Co Kan Yenetws Seewe Buat & L Cham ASBO Ee Cease Sonora Eurneneaee New Inn Ampshire Cambridge Ga Bell Leeveceoditos Lawrence Os Mercer Eter UNOS Diego Union Bank Bank of the Republic Ieee Suiliv Nat Revere Hank Suffolk Nat Hank Eevnee Atlantic Howard Sat Banuk Phenix Nat. Bank Hartford Bost & Monrae Dos Hoott Cotten Mil i . Eee Erteer Serene Nation Eeewnrer Oreelj Thorvdise Sifg Eetewne Sane Everees Eee Lotten Mtscca Avis Santa Fe Loweh Mfg At & Pac Merrimack A.T Northern RR N. A Eeweareres Ee Quincy RR Pl Ridge CO Bost & AW Snitol Cordage Co Bost & Maine Sugar Refineries Co Boat & Roy McKa Heel Alasd Cess Ube Boston & Roxbury Mill Salen Gaslight Loylston Ins. Co St. Johnsbury Nice Fitchburg Ee Fitchbu Bentes Eston & Maine Hannibal & St. Io Ewes Rock & Ft Lory Northern Poston & Albany Sovases Oom Union Pue Ling, & Col Pullman Pal Iik West End Dhoula Boston Ancnet Eee Eeeeuseeseeees Buc Arnold Seers H —P Devel B.& Mont Bute Catalpa Franklin Kearsarge Quincy Eeteere Tamarack Ener Aspinwall Boothbay Boston W.P Boylston Street Brookline Campobello East Orton Fesse French Bay Payson Eee San Diego Sullivan West Ind TopeRa Winthrop Wollaston Atchison L. G. Ts At. & Pac Ye B K. C Re & N Zus Sy Nor Pac P. D.V Lyly Lee Oregon S$. L Ts C C. Cou Vo Sonora St. Jon G Union Pacific Ee Wis. Cen Do Lnc Bs Pach O.ccees &S. Powe Atlantic Boston & Albany Boston & Maine Boston & Lowell Hoston & Providence Onnal Cal. Soucheri Mass U. & Sete Canton Conn River Col Trust le GE Neeewesee Ee - Bag A & Pine Ts & G Louis Ev & Stl MQM St. Aives Rutland Maine Central Yicees Veneer Lamson Gulony Ee Cosse Frenchman’s Bay Union Pacific Kavheasse Penascot Land Sullivan Agar Wisconsin Central West En Eesearceeeuens Avioncz Liost & Mont Erie Cal & Ee arBarge Eastman Car Eater Wilson W. Fay & Co State Street MOB BS COL Bok Caer San & Cleve Crescent Fitchburg Frenchman's Bay Land Beacon Electrif Sass L Ole Cory Wee Ae M. Am Bell Tel At & Pac Inc Ee C.B & N Kan & W M & Bbb New York Bateboats Ave & Pacific Aitchison Iowa Anon Del Den Oly East Tenn Fort Wayne Sea Hocking Val I. Ceitral Kings & Pon Lake Shore Long Island Beach A & St Pacific M. & Ohio Coos M. & Essex Nash N. J. Cent Northwest N. Y N. E Ohio Rock Island Rome, W Ave Tol O. C U. Vacttic Utica & Bitt P Oregon Imeens N. W LILY Cen. I B. O Po G St. L Ass. St.u T. G Union LOD Tex Asset Ae N. Vac Shore Amador Eee Col. Cris United Copper Iron Hill London Atlantic & Great Western Canadian Pacific St. Paul Pennsylvania Money Illnois Central Paris India Council Bank of England

New York Financial Markets End Mixed Amid Broad Activity

Money on call easy at 1 to 2 percent with last loan at 1 1/2. Sterling quoted dull at 4.86 bid for 60 day bills and 4.88 for demand. Rail bonds steady while stocks show broad gains in late sessions led by Cleveland, Columbus, Cincinnati & Indianapolis and Big Four. Market closes active and strong with small gains atop a day of fluctuations and notable declines in select issues.

Common Fitchburg Old Colony West End New York New England Chicago, Kansas & Western Atlantic & Pacific Erie Lamson Ae Dall Butte Lamoine Sulivan Penobscot Cutler London Statist London Imag Boston News Clark-Bigelow Wheelock Calumet & Hed Krench Syndicate Atlantic Boston & Montana Calumet & Decla Franklin Kearsarge Napa Osceola Quincy Tamarack Santa Fe Prime Mercantile Sterling Exchange Cleveland Columbus Cincinnati Indianapolis Big Four Burlington Northwestern Indianapoli Canada Southern Tndianapolis Richmond West Point Atlantic & Pacific 4S International Burlington & Quincy Nebraska Rock Island Iowa Central Kansas & Texas St Louis Arkansas Texas Wabash Chesapeake & Ohio Purchase Chicago, Burlington & Northern Indianapolis Generals Milwaukee Lake Shore Western Michigan Ashland Duluth & Manitoba Peoria Decatur

Barbed wire patent control linked to French patent

A St Louis report states that barbed wire patents may be void if a foreign patent exists prior, since the 1865 French patent precedes American filings. If upheld, royalty claims on Glidden and related patents could be void and manufacturers may seek recovery of funds paid.

St. Lous France

Alger Buys Iron Mine At Pittsburg & Lake Superior

General Alger has purchased the Pittsburg and Lake Superior iron mine in Marquette Michigan for 800000 dollars. The deal includes 1800 acres of iron land and the mine has produced since 1871 shipping 56321 tons of ore last year. Its total production stands near half a million tons.

Marquette, Mich General Alger Pittsburg & Lake Superior Company

Kansas Injunction Bill Postponed by House

Providence R I February 18 The House of Representatives after a long debate indefinitely postponed the substitute Kansas injunction bill by a vote of 45 to 26.

Kansas Providence R.J House of Representatives

Thayer on Trial for Forgery Claiming Pinkerton Lineage

John E. Thayer faces trial before Judge Hammond in the Superior Criminal Court on a forgery charge. He allegedly bought a gold watch and chain on installments while claiming to be Allen Pinkerton and signing that name. The defense cites unsound mind from a war wound and argues dead man signing may not be forgery, with Professor Hutchinson testifying Thayer frequented a museum posing as Pinkerton.

John E. Thayer Hammond Superior Criminal Court A. D. Cairns & Co Allen Pinkerton Hutchinson Austin & Stone’s Museum

Fisurr Endorses Horsford’s Acid Phosphate For Nervous Debility

Dr. W. H. Fisurr of Le Sueur Minnesota says Horsford’s Acid Phosphate is very serviceable for nervous debility sexual weakness brain fatigue excessive tobacco use fevers and some urinary troubles He calls it a grand good remedy in all cases where he has used it.

Horsford W. H. Fisurr le Sueur, Minn

Boot and Shoe Buyers Listed Across Several Cities

A condensed directory lists buyers and firms in multiple cities including Augusta and Cincinnati. Names include B F Kohler WM Whitney J H Laws Johnshidito Co McKee Branham Peters Miller Altmayer Baer and others with regional shop locations noted in Pennsylvania Missouri Georgia and Indiana.

Augusta F Kohler F Kohler & Co S Hotaling WM Whitney & Co Raw Butler Penn Brown Brown-Desnoyers Shoe O Adton Louis Peters Peters & Miller Shoe Co Savannah R Altmayer Altmayer & Co

Commercial Matters Mood of Agricultural Commodities

Market notes show steady to quiet demand across staples with several items listed as unchanged. Notable values include apples plentiful, oranges fair demand, pork and corned beef steady to fair, sugars firm, molasses quiet, and fats steady with cheese and butter firm.

Print Cloth Market Quiet at 4c in Fall River

The Print Cloth Market in Fall River on February 13 is very quiet with spot cloth at 4 cents and light demand. Mills largely reject offers of 3 to 4 cents for July to September delivery.

Fall River

Dry goods market activity and price shifts noted in New York

The Commercial Bulletin reports a fairly active jobbing week with unsettled prices due to Western jobbers cutting prices on domestics prints and ginghams. First hands were quiet on domestics and prints, but strong in printed sateens challies lawns fine ginghams seersuckers and white goods. Men’s neat woollens showed better wholesale demand.

New York The Commercial Bulletin

Wool sales in London with strong demand and mixed prices

London reports strong demand at wool auctions with English buyers dominant. About 15,190 sales offered and 18,000 bales withdrawn as sellers seek higher prices amid general market strength. American purchases reach roughly 7,000 bales. detailed prices list Victoria New South Wales Queensland and other regions.

London Victoria Cape of Good Hope Natal Blackwood R Carnham Mawallock New South Wales Queensland South Australia New Zealand Montevideo

City Horse Market Buoyancy Low In Quiet Month

Trade shows limited demand across city markets as buyers remain cautious. Isburgh and Co sold 40 head including drivers and work horses with prices from 40 to 175 dollars. other sales ranged from 50 to 183 dollars for 39 head at Moses Colman and Son. Extra detail notes Maynard sale results, sparse competition at Walker’s bazaar, and western imports at International horse exchange with varied prices.

Isburgh & Co Walker's Bazaar Moses Colman & Son Horse Mart Providence Hackers Welch & Hall Russell International Horse Exchange Canada CH & E Snow All Western Trade Limited

Grain market activity shows weaker demand and lower futures

Opening demand from outside buyers was light as the market lacked the fever of yesterday. Short covering yesterday appears to have eased, with May wheat likely to drift lower toward May. Milwaukee and New York pricing lagged, while Liverpool stayed steady, and corn and oats priced modestly lower with dull activity.

Milwaukee St Louis New York Liverpool CS Williams & Co

Grain futures closing prices and bids by month

St Louis closing prices show Wheat cash at 95 1 2 cents bid in February and 98 1 1/2 cents in May. Corn cash bids range 28 3/4 to 31 percent across February to July with Oats cash around 24 cents in May and 27 percent.

St Louis

Lumber Market Steady Amid Mixed Influences

The lumber market remains steady with fair seasonal demand and good winter distribution. Prices rise slightly for yellow pine while Eastern lumber stays quiet. hardwoods stay firm with small supply, and various pine and spruce products show varied activity and steady to firm prices.

Pennsylvania

Flour and Grain Prices and Market Report

The report covers domestic flour prices and firm market sentiment driven by strong wheat. It lists detailed quotations for various flour types, regional receipts and exports, and mixed grain prices across Chicago St Louis Milwaukee and New York, noting dull demand but steady or easier tones for corn and rye. It also records specific car inspections including rye and several corn grades and oats across multiple markets.

Minnesota Michigan Canada Superior Canada Roller Canada New York Demann City Southern State Chicago St Louis Milwaukee Toledo Aiwaukwesom Detroit

Also Mentioned on This Page

St. Louis San Francisco Sight Telegraph New Orleans Bank Charleston Secretary of the Treasury Frances Reichsmarks Bears New York Financial Press M. Forbes Cheage, Burlington & Quincy Forbes Chicago, Burlington & Quincy Burlington& Northern New York Bears Sons Ouisville, Evansville & St. Louis Mackay Party Louisville, Evansville & St. Louis Decatur & Evansville Evansville & Terre Haute Jonissille Stous Louisville, Evansville Chicago & West Michigan California Southern Cininnati, Sandusky & Cleveland Kint & Pete Marquette Mexican Central Pullman Summit Lake Erie & Western Newark York & New England Common Brarbuck Housatonic Road Newark & New England New Haven New York & New Massachusetts Concord Leastern Dees Blake Brothers & Co Brewster, Cole & Estabrook Congress St Irving A. Evans Philadelphia Stock Exchange Building Brokers’ Board First National Bank Danvers Ogdensburg & Lake Champlain RR Isu Farmers’ Loan and Trust Co. of Ree and Trust Co Aglare Mills Bates Ae Co American Ins. Co Evans Artificial Leather Co Boylston Munual Ins. Co Ao Farmers’ Loan and Trust Co Heres Loan and Trust Co Watertown Jakata McKay Fast de Chelsea Gas Light Co Natl Bank Hannibal & St. Jo. RR Brockton St. Ry Bell Tel. Co Western KR Incomes Wakefield Rattan Co Albermirl State Co N., Revere Bk Nashua & Lowell RR. Co N. Bk Howard N. Bk M. City Bk Nashua Mfg. Co Boston Mfg. Co Thorndike Mfg. Co Everett Mills Saco Water Power Lawrence Duck Co Suffolk Cordage Co Globe Nail Co Farmers’ Loan and Trust Co Oriental Coffee House Dakota Loan and Trust Co Metay & Bigelow Heeling Mac Washington Ins. Co Boylston Inc. Co Mass. Mutual Ins. Co Chicago, Burn. & Northern RR Kitchentyg RR Little Rock & FR Smith RR Everett Mils Goososton & Meine RR Sioux City & Pacific RR W. L. Ishares Suffolk Cordage Co de Lowell Mig. Co Chi, Hurl. & Quincy RR Hannibal & St. Joe RR Evansville Lion Mountain Isuver State Nat. Bank Webster Bank Eea Suffolk Nat. Bank Haverhill Newton Nat. Bank Naumkeag Appleton Aig. CO Boston & Prov Oaton & Lowell Albany Vittaburs & No, Adams Eae Oooek Ld Bboee Tees Ee American Ins California Ophir Gould & Cury Utah Ee Haie & Norcross Yellow Jacket Ewer Commonwealth Nevada Queen North Belle Isls Foreign Financial Markets NEW York Financial ALGER Vicksburg Miss City Horse Market Farnum, Reardon & Co James & Abbot Liberty Square Indiana Vermont TIN OF America Boston Markets
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