This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
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 17, 1887
Page
6
Transactions total 454842 shares with daily highs and lows for many stocks and bonds. Market notes show quiet flour and grain trade with firm oats and corn, closing prices listed for Wheat Corn Oats and related futures alongside bond and corporate quotes.
The market closed weak with moderate money demand and unchanged discount rates. Loans on call secured by collateral quoted at 5 percent, corp paper around 4 1 2 to 4 3 4 percent, prime mercantile 4 1 2 to 6 1 2 percent, interbank at 3 percent, New York funds 8 to 12 percent per $1000 premium. Clearing-house totals showed heavy weekly and daily exchanges, while government bonds and sterling rates moved steady. The New York bank statement favored liquidity with substantial increases in specie and deposits and a higher surplus reserve. The report notes mixed clearing gains across 33 cities, with Indianapolis leading 1886 gains, and warns that interstate measures dampened Boston and New York speculative activity. Local stocks were moderately active, Atchison and Union Pacific seeing notable moves amid investment buying and anticipated dividend changes.
The Loring & Blake Organ Company declares a 100 percent stock dividend from surplus, leaving a substantial undivided surplus. a 6 percent cash dividend continues. The Boylston Insurance Company issues a 3 percent dividend. Narragansett Mills Rhode Island proclaims 114 percent, Weotamoe Mills 2 percent, Plymouth Consolidated Gold Mining 26 cents per share as dividend No. 45, totaling 1,875,000 paid to date. St Louis and San Francisco directors declare 3 ¼ percent for the past period.
The Iron Railway Company announces a semi annual dividend of 6 percent from 1886 earnings with six months on the preferred stock. Books close January 22 and revenue details indicate a 234 per cent noting an uptick in earnings. At the China Mutual Insurance meeting directors declare dividends and scrip redemptions for 1886 earned premiums.
New York stock activity for the week shows 1,808,984 shares traded. Early declines gave way to broad gains with the market closing strong. Nickel Plate issues lead a brisk session as bonds and trust receipts rise. A proposed New York state gas commission is seen reshaping rates and profits for Consolidated Gas.
Dry goods and flour show firm conditions while oats barley and rye exports remain steady. Eggs are easy and butter cheese and beef hold firm with provisions and sugar steady. Molasses and truck demand show modest activity amid overall stable grain and feed markets.
United States and Canadian railroad stocks showed mixed moves with U S 442s at 112 percent and Atlantic & Great Western firsts at 495. England’s railway securities firmed on strong pig iron prices and solid dividends while American rails remained dull amid Interstate Commerce Bill chatter. Discount markets remained quiet and the exchange rate for loans to the next account stood at 542.
Governor Ames visited the Corey Hill Toboggan Club on a Saturday evening. A large party watched slides in fine condition as he and his party arrived by boat sleigh drawn by six black horses. He joined the toboggan ride with Miss Florence Peck and Mr. A. D. Peck of Boston before a supper and club reception.
Dr Henry Tuckin of Brattleboro Vermont reports using Horsford's Acid Phosphate in several sleeplessness cases with very pleasing results.
The dry goods market shows firmness with steady demand across cottons, prints, and woolen fabrics. Brown cottons for home and export move well, bleached stock remains light yet prices hold, and there is notable activity in woollen goods, overcoats, and hosiery.
Chicago butter inactive with prices: Western creamery extra 27, extra firsts 24, firsts 24. New York butter quiet and unchanged. cheese firm with steady prices. Eggs rise in supply with easier market. Chicago eggs lighter receipts at 27c, New York 38c fresh. Bids shown on call for Eastern 31c bid, Western 28c bid, beans strong with bids on hand picked and red kidney. Potatoes and sweet potatoes firm. hay receipts large, straw easy, truck demand fair with prices steady. Butter by region lists numerous prices for Western and New York creamery and related lines.
Provisions and meat prices hold nearly steady from last quotes across multiple commodities. Details include lard pork and beef prices with fractional changes, plus fresh beef and lamb ranges for Chicago markets and various cut types.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.