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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 15, 1889

Page

6

Money Market Opens Steady With Low Loan Rates

The Boston money market opens with easy rates as all loans at the clearing house run 2% while general market loans sit around 4 to 5% with most trades near 4.5%. Call loans with collateral range 3 to 5% and New York funds discount 5 to 10 cents per $1000. Exchange figures show higher activity than a year ago, and the local bank reserve surplus widens though deposits slip by $400,500. The stock market is active and broad, with Atchison and Burlington & Quincy among movers and a mixed earnings outlook for several railroads.

Bostox Clearing House New York Chicago St. Louis San Francisco Telegraph New Orleans Charleston Savannah Secretary of the Treasury Reichsmarks Boston Bank

Investment yields listed by insurance and bank firms

The Nantucket Savings Bank offers 2 percent. The Security Fire Insurance Company of New Haven pays semi annual 3 percent. The Boylston Insurance Company provides 3 percent. The Oregon Improvement Company issues quarterly 142 percent payable Feb 1.

Nantucket Savings Bank The Security Fire Insurance Company of New Haven Boylston Insurance Company Oregon Improvement Company

Investment Securities Listing In A Boston Firm Ledger

DeR Kidder and Peabod & Co bankers list bonds and stock orders executed across Boston New York and Philadelphia. entries include Amoseg Mills Winthrop Mills Union Railroad fisheries and various Mfg Co securities with dates 1893 1894 and notes by order of Executor. multiple banks and trusts featured with several railroad and manufacturing stocks listed for sale or transfer.

Boston New York Philadelphia Cheshire RR Union Cotton Mfg Fall River le Rock & Fort Smith Railway Co Serip E Rock & Fort Smith Railway Co Jay State Live Stock Co Jganquin Club Amoskeag Mfg.Co AISC First Nat. Bank Chelsea Mass Edwards Mfg Great Falls Iverett Mills Arlington Sills Allanude Cotton Mills Crnt Falls Vlong RR H. Det Lansing & No. RR N. K. Anderson Pressed Brick Co Winfield Mort, Trust Co Winfield Kaw Union Glass Co First Nat.bank Boston Hexting Co Charlestown M. L Ind Ston & Lowell RR Ey Kan So Western RR Decatur Naeize Electric Light Co Unbridge Electric Light Co Sennt Guar Thomson-Houston Electric

Auction Sale Continued with Various Railroad and Bank Stocks

The listing details numerous securities including Con. River RR Vo N, Revere Bank, Mercantile Bank of Salem, Hopkinton National Bank, Franklin Co Lewiston, Gt. Falls Mfg, Continental Mills, Jackson Mfg, Manchester Mills, Everett Mills, Newmarket Manufacturing, Somerville Horse RR, Clinton Mills, Mercantile Fire and Marine Insurance, Hamilton Woollen, Newmarket Mfg, Fitchburg RR, Consolidated RR of Vermont, Portland Saco Portsmouth, Old Colony RR, Lawrence Gas Lt Co, Security inopesmenk Co, Showalter Mtg Co, Mercantile Fire and Assurance, Sugar Refineries, Maine Central RR, Atchison, Topeka & Santa Fe RR, among others with prices and notes. New York Stock Sales show 257,500 shares traded with bonds and various securities quoted.

Boston Stock Exchange Anmoncz Arno Oss Atlantic Eeeewan Bonanza Devel’t Jatalpa Dunkin Franklin Css Qsocoas Cece Siavnee Iidige Tamarack Aspinwall Boothbay Boston W. P Bla Joylston Street Campobello Bay Payson Penobscot San Diego Sullivan Topeka Ecc Reevesecis Vg Winthrop Csesseectes Atchison At. & Pac Eile B. & Mo A. Dalyih N . Bs Kan C. & W. Mich Elk H K C Vt. Ts L. Im P. D.O Oregon L L. C. Con Pnebs& A.V Ruland Southern Kan Do ‘Tex. Div Do Inc Sonora St. Jo & G Union Pacific S. F Ss Wis. Cen Atlantic & Facific Boston & Albany Ower Boston & Lowell Lille Boston & Maine Boston & Provoe Masa Ue B.& E Sere Reese Canton Fitchburg Ewes Flint & P. M. Com Sina Eee K.C St. L. Steer Maine Central Aews Old Colony Rutland Sae West End Wisconsin Central S.s Bell Wesessess Erie Con River RR N. Revere Bank Mercantile N. Bank of Salem Merchants’ Natl. Bank of Salem Hopkinton N. Bk Franklin Co Lewiston Gt. Falls Mfg. Co Continental Mills Jackson Mfg. Co Manchester Mills Everett Mills Newmarket Manufacturing Company Somerville Horse RR. Co Clinton Mills Mercantile Fire and Marine Ins. Co Hamilton Woollen Mills Newmarket Mfg. Co Fitchburg RR. Co. Prd Consolidated RR. of Portland, Saco & Portsmouth JR. Co Old Colony RR Lawrence Gas Lt. Co Security Inopesmenk Co Showalter Mtg Mercantile Fire

Financial market snapshot from London and Paris

London trading shows Consols at 98 13 16 for money and 98 15 16 for the account with varied yields across Atlantic and Great Western, Canadian Pacific, Erie and its seconds, Illinois Central, St Paul, New York Central, Pennsylvania, Reading, Mexican Central firsts, and other listed issues. Paris advices list 3 per cent liens at 82 francs 87 centimes for the account as of 1:30 p.m.

London Atlantic & Great Western Canadian Pacific Erie Ilinois Central St. Paul New York Central Pennsylvania Reading Paris

New York Financial Report Shows Mild Market Activity

Money on call eased to 2% to 3% with last loan at 3% and 60 day bills at 4.854. Sterling steady around 4.86 to 4.89. Government and railroad bonds dull but firm, while Cotton Oil weak and New England stronger. Pullman rose, markets closed quiet yet firm, with notable gains in several rail stocks and broad but narrow price movements through the day.

New York Prime Mercantile Sterling Exchange New England Pullman Omaha Rockslands Reading Boston Hoosack Tunnel Northern Pacife Peoria Decatur & Evansville Pacific of Missouri Manitoba Shenandoah Valley Toledo Peoria & Western Wabash Green Bay

Boston Land Company 1888 Annual Report Details Land Sales

The 1888 annual report shows land sales totaling 12463 41 dollars with 414240 from low and marsh lands at 4.027 cents per square foot and 800101 from upland at 11.896 cents per square foot. The company built and leased stores at Winthrop Junction Beachmont improvements added value to nearby areas. Assets total 800000 with real estate 611225 94 and varied holdings. liabilities equal capital stock 800000. The report notes a dull Boston real estate market but ongoing improvements and direct profits from selling improved properties.

Boston Land Company Winthrop Junction Beachmont Converse Boston Acr ‘Lhe Boston Land Myneck and Milnes East Boston

Railroad Matters in Chicago Circles Shape Leadership

Discussion in Chicago railway circles over a chairman and two vice chairmen for the Inter state Commerce Railway Association. Likely chairman: C. C. Wheeler of the Chicago & Northwestern. Possible vice chairmen: Midgeley of Southwestern Railway and Faithorn of Western and Northwestern. Abbot and Daniels mentioned for passenger leadership. Marvin Hughitt possibly expected as board chairman. New York bankers criticized rate plan. Missouri Pacific accused of first breaking the Jan 1 rate agreement. Penniman suspended for selling cut rate tickets.

New Interstate Commerce Railway Association Chicago Railway Western C. C. Wheeler Chicago & Northwestern Road Atchison, Topeka & Santa Fe System Midgeley Southwestern Railway Association Faithorn Western and Northwestern Association Abbot Western States Passenger Association Cable Chicago Commission Missouri Pacific Gould Penniman Rock Island Kansas City Pueblo

Meetings of Insurance Companies Directors Elected

The Eliot Insurance Company stockholders elected Robert Codman Joseph B Moors Charles A Cummings Henry A Charech Greenleaf C George and Augustus Lowell as directors at the annual meeting yesterday morning Greenleaf C George was chosen president and Alonzo P Curtis secretary The India Mutual Insurance Company elected John H Dane secretary and list of directors including Nathan Crowell Charles J Morrill Andrew Nickerson Edward Whitney John H Dane P Francis Wells James Baker John G Moseley Joshua Baker Sylvester B Hinckley H B Alden

Eliot Insurance Company Robert Codman Joseph B. Moors Charles A. Cummings Henry A. Charech Greenleaf C. George Augustus Lowell Alonzo P. Curtis The India Mutual Insurance Company Yesscreen John H. Dane H. &.Alden Nathan Crowell Charles J. Morrill Andrew Nickerson Edward Whitney P. Francis Wells James Baker John G. Moseley Joshua Baker Sylvester B. Hinckley H. B. Alden

Merchants' Co operative Bank annual meeting held in Wesleyan Hall

Shareholders gathered for the Merchants' Co operative Bank annual meeting with unusually full attendance. Sales reached about $13,000 with premiums ranging from 10 to 30 percent. Alfred J. Mercer was elected president, A. Z. Mason vice-president, Roswell C. Downer treasurer. The entire board of directors and auditors were reappointed. Boot and shoe buyers and representatives from many cities were listed in the report.

Merchants’ Co-Operative Bank Merchants’ Cooperative Bank Wesleyan Hall Alfred J. Mercer A. Z. Mason Roswell C. Downer Ala Albany

Market News Roundup of Agricultural Commodities and Staples

The report lists current tones for many commodities including Iron unchanged Copper quiet Lead dull Tin steady Zinc very quiet Flour dull Corn quiet Oats barely steady Rye flour dull Graham flour quiet Cornmeal slow Oatmeal firm Rye very dull Barley easier Millseed quiet Cottonseed meal not very active Malt dull Hops quiet Butter very quiet Cheese dull Eegs fairly steady Beans unchanged Potatoes quiet Sweet potatoes steady Hay plenty Rye straw unchanged Gone is quiet Poultry steady Apples very dull Oranges in fair demand Lemons steady Cranberries dull Pork quiet Corned beef steady Fresh beef dull Other fresh meats unchanged Raw sugars very quiet Refined sugars steady Molasses quiet Tallow strong.

Chicago Boston Bush Minnesota Michigan Stone Canada Superior Canada New York Milwaukee St Louis Minneapolis Northern Duluth Toledo Baltimore Philadelphia Detroit Peoria Hoosac New York & New_ England railroad Boston & Albany Graham Ilwaukee Louis Michigan Choice

Wheat and Corn Market Movements in Chicago and New York

Chicago reports firm wheat early buying by Henry Clews & Co, then declines on selling by Jones Ream and Cudahy awaiting export demand. Corn and oats show varied opening and closing quotes with subdued futures activity. New York and St Louis close grain futures with cash and futures prices across wheat corn and oats for January through June.

Chicago Farnum, Reardon New York St Louis

Metal Market Steady With Quiet Trade Across Commodities

The metal market shows no change in pig iron with quiet trade and small lots. Ohio brands may not drop below 22 due to freight costs, while Southern iron remains scarce with Boston deliveries at 18 1850 for No 1 and 1750 for No 2. Copper, tin, zinc, nails, and steel rails show firm or steady prices amid limited demand, and London quotes reflect a cautious market with some minor movements in copper and tin.

Ohio Boston Pittsburg London Pennsylvania Eglinton Summerlee Gartsherrie Lanagloan Coltness Norway Shell New England SteelLand Bessemer Russia Jopper— Lake Baltimore

Trade terms listed for metals and pipes in 19th century ledger

A fragment shows prices and items including pipe 6%4c sheet lead 744c tin-lined pipe 16c pure black tin pipe 45c finc Spelter d5Yec and sheet zinc 6% 20. The text reads as a material list with unit prices and commodity names rather than a narrative.

Boston Market Grain Prices and Markets Report

Boston markets report domestic flour and grain prices with carload inspections totaling 50 cars. Visible supply figures for wheat, corn, and oats show year over year changes. markets for flour and commodities like oats, corn, and rye indicate dull demand, with prices listed across cities and for various grades and regions.

Butter Butter Quietly Sought by Buyers

A brief note indicates Butter-Butter is quiet on the market as buyers show limited interest. No further details on quantities, prices, or parties involved are provided in the readable text.

Also Mentioned on This Page

Rock Island & Pacific Burlington & Quincy Milwaukee & St. Paul Chicago & Northwestern Burlington & Northern Minneapolis & Omaha Allinois Central Fort Scott & Gulf Atchison, Topeka & Santa Fe Wabash Western Burlington Cedar Rapids & Northern Missouri Kansas & Texas D& St Louis Iowa Central Fort Worth & Denver W.S. Lawson & Co Chicago, Burlington & Northern Oregon California Southern Flint & Pere Marquette Pullman Palace el Paso Mexico United States England Central Railway Central National la Barca Lerma River Guadalajara New York & New England Boston & Lowell Birmingham Kansas & Western Consolidated Vermont Atlantic & Pacific Lamson Bell Telephone Ater Power Santa Fe Allouez Butte & Boston Montana New York Engineering and Mining Journal Germany Henry R. Merton & Co France Chile Australia North America Spain Portugal Boston News Bureau Bex Garantee Pndicate Kidder der, Peabod Devonshire Street Nassau Street Har Ter Tin Lowell Mfg Columbian Mfg Fisher Mfg Winthrop Mills Shai Hl Southbridge Nat. Bank Colateral Loan Co Sugiur Refineries Co Metropolitan St. Ry. Co State of Mainers Union Pacific RR S. F Farmers’ Loan and Trust Jo Central Natl. Bank Brokers’ Board Lowes Am Bell Tel Coc Scase A&p Vie B& N Nm&s Pacis Asplewall Land Brookline Land iLamoine Frenchman's Bay Newport Kenobscot Bay Sullivan Harbor Sutte & Boston Cal& Hee Ee Catalpa Conn Bneweeseers B& Q San & Cleo Ny&ne Pullman Pally Rts Mem NY &N LE Cseecevens Va West Ind Eee It & Mont Atlantic Eee Ccueeee Sense Renee Ener Sante PO T& S C&w Pale Pullman Pal Fergey Bay State Live Stock Co Howard National Bank Third National Bank National Bank of Commerce North National Bank Boston Gas Light Co Chelsea Gas Light Co Cambridge Gas Light Co Union Pacific RK Fitchburg Ra.ptd Utncy Mining Co Boston Belling Co Douglas Axe Mfg. Co Hes A Marine Ins. Co Maine Topeka & So Western RR Top Hannibal & St. Joe Suffolk Cordage Co Fails Mfg. Co Do Jowell Flossery Co Atchison, Top. & Santa Fe RR de Day State Live Stock Co Cen P. Ats Io. & Trans St L LM. DéEnaw Léar. D P&p G St. P.O Tex. P. L. G N.d. C Tex. P. R. G N. Pac Do Vas U. P W. ‘Shore Express IKS Adams Wells Fargo Amador Ontario Palsy Oe Bulony Col. Ohis Ud Silver King Col. Coal Igs Tenn. C.a Hock Union Con Homestake United Cop’r Mutuals.& M Nor Ceee Roch, & P Can Pacific Ua So Entral Lowa Ene A Ventral Pacific Ches Enne A Chi Alton le One Vieve Sol ETL den & G Fort Wage Honstor Texas Ts Kan L. S Reneers Ific Ee Ee Enews Vekartias Bt. L St. Pau Pacific Tol. & O Ae . J. Pacific Ios Utica & KR Stl. &P Gory Cramton Travis Cas Pacific Mail W. Union Sues Foreign Financial Markets NEW York Financial California Alta Fee Lyeat & Belcher Ophir Ewesee Potosi Con. Cal Savage Crown Point North Belle Isle Railroad Matters Stickney Messrs. Drexel, Morgan & Co Madison Stanton New York City P Morse Morse & Rogers Penn G W Jerry Rowe & Jerry Richmond A Stein Stein Bros L Cullar Collat Bros Traverse City Mich C B Atwood Hannah & Lay Mercantile Co Aim Boston Markets
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