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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 13, 1888

Page

6

Boston Money Market Report on Rates and Bank Deposits

The Boston money market remains quiet yet easy with abundant funds at the clearing house. Government deposits and New York funds show mixed movements while rates for long term and call loans range from five to six percent, and a high level of trading in railroad stocks and mining shares is noted alongside concerns from Reading and Chicago budget reports.

San Diego East Boston Brookline Boston Land State House Boston Newport New England West End Wollaston London Lake Copper New York The Metal Exchange Arnold Ridge Tamarack Calumet & Hecla Quincy Franklin Osceola Dunkin Quincy Mining Company Pewabie Mining Company Congress Street Newabie Copper Company Michigan Pewabic Mining Company D. L. Demmon

Financial notes on shares and dividends from multiple firms

Huntingdon and Broad Top Mountain Railroad offers preferred stock at 125 dollars per share. Insurance Company of North America in Philadelphia pays a semi annual 74 1/2 percent dividend. South Weymouth Savings Bank declares 2 percent. Wellfleet Savings Bank pays semi annual 2 percent. Ir Mining Company offers 4 dollars per share payable February 15. Quicksilver Mining Company issues 2 percent quarterly payable February 1.

Huntingdon & Broad Top Mountain Railroad Company Insurance Company of North America Philadelphia South Weymouth Savings Bank Wellfleet Savings Bank Ir Mining Company Quicksilver Mining Company

Market closes with dull strength amid mixed bond moves

Trading stayed mostly quiet and narrow with railroad and Missouri Pacific showing weakness and steadiness. Reading and Western Union led gains as overall prices held near best levels. several bonds advanced while others fell, with total railroad bond sales at 1 518 000 and key issues cited at varied highs and lows.

Missouri Pacific St. Louis Arkansas & Texas Reading Western Union Lackawanna Hocking Coal Arkansas Texas Jersey Central Northwestern Hocking Valley Mackinac & Marquette Metropolitan Minneapolis & St. Louis Central Pacific Central Pacific Land Grants Quincy & Toledo Louisiana & Missouri River Indiana, Bloomington & Western Wabash Richmond & West Point

New York Stock Sales Jan 12 Market Snapshot

Today's transactions total 147 300 shares with sales breakdown across listed issues. Data include opening, highest, lowest and closing prices for today and the previous closing, detailing share movements and values in the session.

New York San Francisco Cal Looinbvajo Rest & Belcher Ophir Con Sierra Nevada Crown Point Os Union Oolici Utah ii LAO Eureka Gowd & Curry Yellow Jacket Hale & Norcross Commonwealth Art Mexican Nevada North Belle Isle

Money on call and mercantile paper figures in New York market

New York financial brief notes money on call easy from 2 to 41, last loan 2, closing 344. Prime mercantile paper quoted at 5l 71, bar silver 9634, sterling exchange dull and steady. Actual business at 4.84 4.8414 for 60 day bills and 4.3642 4.86% for demand. Govern-

New York Prime Mercantile Sterling Exchange

London and Paris Money Markets Report and Bank Rates

London financial news notes Consols at 10211 16 for money and 10113 16 for the account. United States bonds quoted, Bank of England cuts discount rate to 30 y per cent, bullion increase of £245000 in a week. Paris Bank of France weekly statement shows a 6,475,000 decrease. Havana treasury accepts Mexican silver at 80 cents on the dollar.

Boston General Market Corporation News Bureau White Congress New York Chicago St. Louis San Francisco Sight New Orleans Commercial Charleston Savannah United States National Bank Sterling Exchange Bank of England London Bank of France Atchison Missouri Pacific Kansas Board of Railroad Commissioners Alton Wabash Chicago, Burlington & Northern Army Engineers War Department Mississippi River Dubuque Mexican Central Atlantic & Great Western Erie St. Paul New York Central Reading Varis Paris Havana

Progress of Electricity at Merchants Club Banquet

At the Boston Merchants Club January banquet guests included Governor Ames and Prof Cross of the Institute of Technology. E H Johnson discussed electricity's growth, Edison lab improvements, and plant investments while Blake Jaques Whitney and others spoke on telephony and electric motors.

Boston Merchants’ Club Professor Cross The Institute of Technology E. H. Johnson New York City Clarence J. Blake W. W. Jacques C. A. Coffin Lynn H. M. Whitney Beacon Society J. H. Benton, Jr Stopford Brooke Governor Ames Richard Briggs Edison New Jersey Johnson United States Chicago Philadelphia Blake Jaques New York London Whitney Mr. Johnson Messrs. Benton Coffin Calvin A. Richards

Richmond and Danville reports strong earnings and assets

The annual report shows Richmond and Danville net earnings of 2,067,804 with net income after rentals and interest of 584,786 and 240,022 spent on construction. The balance sheet lists floating debt of 2,433,060 and assets including cash 552,577 due from agents 770,495 bills receivable 620,613 securities 4,248,885 and advances to leased lines 1,125,510.

Richmond & Danville Harnings Norfolk & Western Evansville & Terre Haute Detroit, Lansing & Northern Chicago & Atlantic Peoria Decatur Evansville St. Louis Arkansas Texas Louisville San Antonio & Aransas Vassroad J. C. Clarke Sinois Central Railroad Mobile & Ohio Railroad Clarke Oregon Improvement Company Ashland Wis Northern Pacific Road Demnity Northern Pacific Company New York Central London Stock Exchange Benin

Tradespeople and Firms Listed Across U S Cities

A compiled roster lists numerous names and firms from Albany to Wilkesbarre including W II freeman Addison NY G W Farnam Perry Mason & Co Buffalo and Chicago based brokers. The document reads like a directory of agents and representatives with firms such as Ramsdell Sweet & Co Carroll Acamns & Co Mantonya Goldsmith Rosenthal Goldsmith and Co and others in multiple states.

Albany Buffalo Ramsdell Sweet Sweet & Co Run Baltimore Carroll Carroll, Acamns & Co Chicago Mantonya Mantonya & Co Goldsmith of Rosenthal Goldsmith & Co Marka Craw Cincinnati A Wailer J Waver Sons & Co Dubuque Vogel U S Greenville Humphreys Kansas City Hall & Co Philadelphia Veon Lippincott Lippincott, Son & Co Penn Bainbridge Barkersburg Dils Dis & Son Quincy J Metzer Metzer & Ireburg, Craw St Louis J Frank Adler, Frank & Co

Commercial Market Summary Shows Broad Steadiness Across Goods

Wool and leather hold steady while hides and corn lag with dull notes. Flour, oats, bean demand, grass seeds, potatoes, hay, poultry, tallow, cranberries and Florida oranges show firmness or fair demand. Beef, pork, lambs, veals and sugars remain steady or quiet with mixed activity.

Florida

Wool Market Faces Quiet Week With Steady Prices

The wool market held steady last week with firm demand for desirable wools and little change in fleeces in Ohio and Pennsylvania. Michigan, Oregon, California, and Texas wools show varied activity. imports, exports, and production figures are noted, while debates over Donskoi washing methods and Alta California’s review shape industry chatter.

Ohio Pennsylvania Michigan Missouri Territory Texas Oregon California Odessa Alta California

Boots and Shoes Market Signals Busy Demand

The boot and shoe trade shows a healthy tone with factories restarting after holidays. Demand rises in plough shoes brogans calf boots and women s grain and goat and kid lines. Rubber boots stay active after snow storms and shipments totals compare with prior years.

New England

Leather and Hides Quiet Market With Steady Prices

The leather market shows quiet demand for finished leather with samples only. Wax and hip leather hold firm while Brogan leather remains quiet at steady prices. Bed grain and buff leather see steady or good activity, and rough leather remains quiet with unchanged prices.

Leather market shows steady demand and firm prices

The report notes dull cheaper calf skins but steady prices overall. Hemlock sole leather is quiet with moderate demand. crop sole leather is scarce. Export demand is quiet with 20,963 total co leather exported last week. Hides trade is cautious, New England hides easy, foreign hides slow. Prices for various leather types and hides are listed with specific grade ranges and ounce-based values.

New England West Brighton Buenos Rio Grande Entre Rios

Flour and Grain Market Report from January 12

The market remains firm with quiet trade and few sales for small lots. Flour prices range from $2.50 to $5.60 per barrel for various grades, cornmeal and oats show firmer footing, oats to ship quoted at 44 to 45 cents, and millfeed and barley prices steady to weak as demand stays moderate.

Minnesota Michigan Canada Superior Canada Ryu New New York Choice

Butter and Cheese Markets Stay Steady in Wholesale Trade

Butter demand remains steady with small lot sales and various regional prices. Northern creameries show quiet activity while prices hold for Western and New York creamery items. Vermont and Eastern lines show mixed values. Cheese market remains steady with firm tone for all kinds and Northern cheese around 12 to 12 1/2 cents.

Boston New York Vermont

Also Mentioned on This Page

Guadalajara Fort Scott & Gulf Rose Springfield Memphis Chicago, Burlington & Quincy Union Pacific Wisconsin Central California Southern Pullman Flint & Pete Marquette Oregon Transcontinental Columbus Boston & Maine Eastern Boston & Albany Central Massachusetts Boston & Lowell Rutland Fremont & Elkhorn Frenchman's Bay Newcastle Middlesex Banking Co Middletown Conn Mass Conn. Bank Boeston Equitable Building Nativl S. Breayw Williams & 60 Boston Stock Exchange T&s F Quincy Fe French Bay Wollaston Oerere Cess Eeese T&s Lamson Bonanna Cal Oh Dunian Quinney Tamarack Loooston Land OBO Pessia Bisoktine Oboo Bow Sci Fts & G Spa&m Odin Aspinwall Brookline Land San Diegro West Bodou Ieee TASB Fs& E Esse Se SP. M, A A&p Scrip O div Inc Cat So Inc M& Stp L&n M& Bos So Kan Inc Ee Am Bell Soid Ing Air G. Co Rw N. A Winthrop Pace Seee Teese Ches Fepm Chi Fener Seeree Ciny H. & Mes Etree J G. S&c Cleve & C ‘Ol Bel Neo Be & H R.gwees Montana Calumet Ilecla Govy Fort Wayne Houst Hariew Fuvesiese Ae Ip L Iz &V Eng Eley Met Kan E M K.C Ft. Scott & Gulf L. Rock Ft. Smith Minn E Beak Central Uiss Pacific M. & Ohio É& Essex Nash Chatooeene Tole &L N.Y. G N.E. TS Neds N. J. Ga N.E Owl Noy N. BE Alain Gs Pueb Ark Sonora Southern Kansas Centra Top Santa Fe Oregon Trans Atlantic & Pacific Pittsburg Boston & Lowe Providence Burl & Northern Rome Burl, & Quincy Roch. & Pitts Aligornia Central of Mass Sand Cleveland Canton Cleve St. P Fitchburg Flint Pere “Marquette Texas Pacific Flint & Vere Scott & Gu City Toledo & C. C Vie Clint U. Pacific Spring Utica & B. R Maine Central N.Y New Eng Y Pacific Mail Pullman Pal Oo Summit Branch Union Union Pacific Dee Brey American Oil Lve Ae West End Railway Bell Certs N. W Abell Erie Telephone D.& RG St. L Lamson Store DS S Allouez Mining Sereenes Bonynza Mining Catal Yo Isis Den M. Union Gs Canada Mining N.J Brunswick Gold Mining Breece Mining Ee Ee N. P Kearsarge Mining Seis Peed W. Shore Loows St. Mary Minin Ee South Side Min Ng Aiea Aee Ee Eee Ee Ee Etea Nee Farygo Amer Wleetric Mig Tre Ead Eeek N. I Eenerereree Ome Alta Cow Eie Homestake Ei Boston Water Power Amador Line Tron Silver Atchison RR Belcher Omy Alesin Ios Wisconsin Central Bie Orth Rest N. Belle Isle Union Pace RR Lrunswick Ito Ontario OG Bulwer i Heela Chollar Col Sebastian Allouez Pontiac Savage Rappahan Deadwood S. King S. Nev Ada Aztec Eee Idge Vi Cristo Ie Bonanza Eureka Con Ste Undard Vy Bowman Mary Exchequer Tenn. C Freece Anne Brios Golal Guid & Gurry Union Con Hale & Nor Catalpa Washington H.C Seo Crescent Humboldt Burton Mesnard Lord Ac Massa. L National QtoiNn Ocean L Mining and Stock Exchange Wilson W. Fay & Co State Street Elec Manfes i Lord Acoustic Hastman NEW York Financial Progress OF Electricity Merchants’ Club Railroad Matters Boot and Shoe Buyers Interior SHAPE Oregon Wood Coast San Joaquin Mendocino Humboldt County San Joaquin Plains Delaine Kentucky Texas Mid TV Mos Amos Maine Texas Ia Il Texas Tau Leclo ES Tamibs Isies Georgia Ann Western Lambs Caifornia PERCE Montevideo Lowdon Austin Cross
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