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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 08, 1889

Page

6

Money Market and Stock Market Report from Boston

The Boston money market opens softer with interbank loans at 5 percent and general market loans from 4 to 6 percent. New York exchanges rise, and bond offerings total 62 500 dollars. Rail stock activity remains lively ahead of railroad official meetings, with water power and land stocks showing notable moves and plans to restructure debt and raise stock values.

Financial Securities and Shares Listing Fragment

A dense OCR fragment lists various securities and notes including Santa Fe 1% to 81, Michigan Central 5s of 1931 to 111A, numerous bank and mill stock holdings, railroads such as Arlington Mills and Revere Beach & Lynn RR, and debts from Kan and Boston area companies. Many entries reference dated issues, amounts, and holder institutions in a chaotic ledger style.

Santa Fe Michigan Central Eel River RR Third Nat. Bank Union Glass No Manchester Mills Amoskeagpita le BO First Nat. Bank Chelsea Mass Merrimac Mfg. Co Wainwright Mfg Arlington Mills Revere Beach & Lynn RR Arkansas Val. Town and Land Co Bunker Hill Cyelorawa Co McKays& Ene L. and Tr. Co Kan St. Louis Western RR

Dividend Declarations From Several Rail and Finance Firms

The Wheeling and Lake road directors declare a 1 percent dividend payable February 15 with books closing February 9. The Holyoke and Westfield Railroad Company proclaims a 2 1/4 percent share, Boston Pier or Long Wharf Company pays $2 per share, Allen Gymnasium Company 2 percent, and Bay Harbor Banking and Trust Company 6 percent.

Wheeling & Lake Road Holyoke & Westfield Railroad Company Boston Pier Long Wharf Company Allen Gymnasium Company Bay Harbor Banking and Trust Company

Bonds Offered for $8.3 Million Mortgage Railroad

Subscriptions in Boston and New York at par with accrued interest for 1.5 million of bonds from an 8.3 million issue. A first mortgage on six miles of completed railroad from Fulton Ferry to Last New York, with a strong earnings outlook and rapid growth expected. Subscriptions open January 5th 10 AM and close January 10th 3 PM.

Boston August Belmont & Co Messrs Vermilye & Co New York Fulton Ferry Fulton Street Brooklyn Wing Fairbanks St. Louis & Chicago Railway Company Chicago Gresham United States Circuit Court Robert J Cavett Springfield St. Louis

New York Financial Markets End Quiet Despite Small Gains

Money on call remained easy with rates near 4 percent, while mercantile paper held at 542 7. Government and rail bonds showed dull firmness. The stock market opened higher but ended mixed and quiet, with early losses recouped later as Union Pacific and others showed strength, and overall market activity stayed subdued through the session.

C. E. Whitmore & Co Atchison New York Times Southern Pacific Missouri Pacific Chicago Burlington & Quincy Chicago, Burlington & Northern Union Pacific Atlantic & Pavilic Cincinnati, Sandusky Cleveland Chicago & West Michigan Union Pacific Sinking Funds Detroit, Lansing & Northern Louisville, Evansville & St. Louis New York & New England Boston & Mainé Boston & Lowell Boscon & Albany Fitchburg Boston & Providence Old Colony West End Railway Mexican Central Sonora New York New England Springfield Couny Eacon Street Brooklins West End Railway Company Electric Prime Mercantile Sterling Exchange Perry Coal Lacka- Wanna St. Paul Reading Somme Chesapeake & Ohio Erie First Hannibal & St. Joseph Ohio Indiana & Western Cuiest St.s

U S and Railway Stocks Mixed in London Markets

London quotes show United States four percents at 129½, Erie 27½, Illinois Central 118½, Mexican ordinary 43¾, St Paul 64½, New York Central 111, Pennsylvania 54, Reading 24, and money at 24%. Discount on short bills at 3.8½. Paris rates 3% at 82 francs 82½ centimes. Bar silver 42 11 16d. Bank of England bullion balance today £17000.

New York Alt Ys Pacific Greiner Air Line Central Iowa Central Pacific Ches Ohio Alton St. eTivats T. W. Ee Hocking Valley Houston & Texas Esee Kan. & Tex Lake Shore Long Island Louis Lou N. O Lev St. Nes Pacific Ewer M. Ohio M. Essex Nash N.Y St. le N-E Oregon Rock Island Rome, W. & O St. L St. Aa St P M&m Texas Pacific D. C U, Pacific Utica Pre Va Land Mim Wee Paci i Enee Petroleum M.W. Ded Wayen. P D. Navi St le & Ee St. P . Dons Erie Sib P. Kan. I Den ASM T. We Tex. P. Mut Union N. J. C. Int Ex. P. Rvg N. Pac Seeee Adams Wella. Fargo Amiador le Mutual S.& M Col. Chis Ontario Col. Coal Rey Phir Man Nevada Exchequer Hock London United States Illinois Bank of England

Railroad Salary Cut Sparks Uproar Across Missouri Pacific

A sudden 10 percent salary reduction orders hit all Missouri Pacific employees earning $100 monthly or more, excluding engineers, conductors, shopmen and firemen. The move follows a New York conference between General Manager Clark and Mr. Gould and takes effect immediately.

Missouri Pacific Clark New York Gould

Commodity Market Snapshot Afloat in Quiet Trade

The report shows mixed movements across commodities with copper and many grains steady or unchanged while oats ease and butter and eggs trend dull. Meat prices mainly steady with fresh beef firmer and pork unchanged. sugars ease and molasses holds.

Grain Markets Show Mixed Demand Across Regions

Chicago reports steady to firm prices with May wheat around 104 to 105 as cold Northwest weather boosts futures. Corn and oats are mixed with dull demand, while New York and St Louis quotes show modest movements and varying cash bids across several grades.

Chicago Jane—Farnum, Reardon & Co Minneapolis New York St Louis Hutchinson Bush. Bush Perens Sot Tk Peta Eveenese Me . Ltd Boston Bush Bush. Bush. Cgorn Minnesota Michigan Canada Superior Canada City Milwaukee C. St Louis Bae Push Baltimore Philadelphia Detroit Peoria Toledo New England Boston & Albany Hoosac State Graham

Metal Market Shows Steady Demand Amid Mixed Rails Outlook

A broad iron and steel market review notes moderate demand with steady prices for pig iron bars plates and pipes. The Philadelphia Record flags a disappointing year for steel rails with declines around $40 per ton, mills closing temporarily and efforts to shift to other materials while copper tin and lead show mixed activity. Prices for iron and related products in shipping districts remain largely unchanged with firm London and Boston market indications and varied spot futures.

Philadelphia Record London Pennsylvania Eglinton Summerlee Gartsherrie Langloan Coltness Norway Boston Shell New England Bessemer Steel Russia Baltimore

Lead price list notes varied metals and pipes

Reading shows prices for tin lead pipe and sheet lead with figures like 475 for coke terne and 414 4 ec for lead. Also listed are lead pipe 642c and tin lined pipe 15c and pure black tin pipe 45c with other brands and zinc items.

Print cloth market steady in Fall River trade

Fall River reports a steady print cloth market on January 7 with fair demand at 316 to 16 cents for 64x64s and moderate business overall.

Fall River

Also Mentioned on This Page

San Francisco Telegraph New Orleans Charleston Savannah Secretary of the Treasury Senatey Back Bay Asvinwall Boston Land Boylston Brookline Campobello East Boston Frenchman’s Bay Lamoine Newport West End Winthrop Wollaston Bar Harbor San Diego Boston & Montana Calumet & Hécla Kearsarge Tamarack Butte & Boston Osceola Transcript Clark-Bigelow Vivian Franklin Mining Company E. Rollins Morse & Bro Poundston Bo Montana Tamarac Kinder Peabody Devonshire Street Nassau Street Boston Stock Exchange Great Falls Mfg Atlante Cottott Mills Hamilton Mfg Everett Mills Washington Mills McKay Duaranua Ins. Co. Seri Tora Union Pacific Eit Brokers LO A. M. Ae Enane T&s Feel Trust Bur & M Neb B& N Cin, San Greg Wakes & M Og & L Cham So Kan Tex Ambell Deiton Land Brookline Land Ebay Lamoine Lane Newart Land Trinby Santa Fe Mining Tamarac Seer Bs& Bé&Pt B& C&w T&s F Sacod P.i.seeaee Viob Ab P. Ceeet Rap & Mo Sre Dsi Inc My - Ain Bell Aspinwall Land Stenee Penobscot ‘Bay Topeka B& Mont Butte & Bos Ccs Cai & Hee Oseeola A.T Wenee Asreee Osceola Mining Ehoula Bales Allonges Arnold Atlantic Benauze Devel T. Wen Mont Hecia Catalpa Franklin Huron Ironton Iis Ty Nathonals Sre Seeeseeons Ihe Pewabie TIMOY Enee Tamarack Ridge Aspinwall Boothbay Beeston W.P Oylston Street Campovello Bay Webeererne Taebae Laimoine Ly Payson BONDS LOT At. & Pac Neds Iit Ao iNeb L. G Orgs Brose Llite Cal Elk H K. C Oly K.C BonoDs St Pil Enews Pueb A. V Rutland de Sevider Peevey Aee Wis. Cent Atch Top Atlantic Pacific Roaton & ‘Albany Siigoba Boston & Maine Boston & Prov Southern Central of Mass Eene Neue Cleve Canton Guif CL & Sp KO. Sp Mom M.&b L. RK L. E St. Ee Maine Central Ceseeuvee Summit Branch Union Pacific Tees Newling Lastman Fameon Store Ser. Co Aiss Pulinewa Palace Car Co Miscellaneous Stock Exchange Wilson W. Fay & Co State Street Elee Manta Cleveland & Auton RR Eeereers Wainwright Miz Bo Union Cotton Mfg Alleh Airne Taunton Bristol Co. N. Bk Adm N. Revere N. Bank Salem Mercanile x. ‘Bank Colmi River KR. Co Atlantic Cotton Mills Boston Ath Onemaey Lawrence Great Falls Mfg. Co Merrimack Mix. Co Continental Mills Old Biston N. Bank Suffolk NX. Bank Mercantile Marine Ins Newmarket Mig. Co Lote IM Lincoln & Colorado Kansas City Lawrence & So Suffolk N. Bank Do Jackson Co Do Consolidated RR Sugar Refineries Co Mancheater Mills Col, Springfield & Cin de Wortland, Saco & Portsmouth Kings County Flavored Railway OF First Mortgage American Exchange National Bank Blake Brothers &No California Jan Setee Best & Belcher Savage Abe Sierra Nevada Crown Point NEW York Financial Railroad Matters Washington S. W. F. Draper Pennsylvania Railroad Fitchburg and Witchburg Worcester Gardiner Greenfield North Adams Board of Managers Philadelphia & Reading Railroad Company Hereford Cookshire P.Q Canadian Pacific Upper Coos Grand Trunk Boston Markets Uus Aig Sabre Illirivic Congress Street Ire Congress Square Quincy House BAVAY Manbeuno Uluk Service
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