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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 18, 1887

Page

6

Quiet Start in Money Market as Stocks Rally in Boston

The Money Market opens steady with rates mostly unchanged. Boston and New York exchanges rise while bank reserves show a loss and calls for financing. West End Land and Lamson Store Service drive notable gains amid a busy session with several rail and utility issues trading actively.

Bostox New York Sterling Exchange la Champagne Boston Bank Boston West End Land Boston Water Power Boston Land Maverick Land San Diego Land Aspinwall Land Franklin Lamson Store Service Mexican Telephone New England Telephone Bell Telephone New York & New England Calumet & Heela Atchison, Topeka & Santa Fe Central Massachusetts Union Pacific Atlantic & Pacific Cincinnati Sandusky & Cleveland Atchison Wall Street Elijah Smith Elijah Washington Anderson Kansas Kansas Pacific Denver Pacific Union Pacific Railroad Company Union Pacific Railway Company Louisiana & Missouri River Road Cincinnati, Sandusky & Cleveland Uito Hicago & Eastern Illinois Chicago, Burlington & Northern Iowa Falls Sioux City Flint & Pere Marquette Chicago, Burlington & Quincy Kidder, Peabody & Co Lee, Higginson & Co Belmont & Co Chicago Burlington & Quincy Plains Denver New England Massachusetts Boston & Maine Connecticut & Passumpsic Mexican Central Chicago, Kansas & Western Southern Kansas Burlington & Missouri Land Grant Oregon Railway and Navigation Oregon Wisconsin Central State House Lamson West End Beacon and Park Streets West End Land Company Suc

Dividends Declared by Regional Banks and Firms

The Williamstown National Bank in Massachusetts declares a semi annual dividend of 242 percent. Ket National Bank of Yarmouth Massachusetts declares a dividend of 3 dollars per share. Masonic Building Association of Provincetown declares 3 percent. Harbor Bar Weir Company North Truro Massachusetts declares 9 dividend of 8 per share. Equitable Marine Insurance Provincetown declares 1 percent and about 8 percent to surplus. St Paul Minneapolis Manitoba Railway declares a quarterly dividend of 142 percent.

St. Paul, Minneapolis & Manitoba Railway Company

New York Stock Sales and Diverse Market Updates

The item lists Jan 17 stock sales across Pacific consol receipts Richmond Allegheny certificates and Minneapolis & St. Louis Iowa issues with varied share counts. It notes trading totals of 363,399 shares and markets across more Ohio, New York Chicago St. Louis Cincinnati Indianapolis spreads plus several mining and miscellaneous stocks. It reports corporate actions from Richmond Terminal Company and Denver & Rio Grande earnings, plus upcoming sector meetings and potential railroad consolidations.

Pacific Richmond ‘ Allegheny Minneapolis & St. Louis Iowa New York More & Ohio Chicago St. Louis Cincinnati Indianapolis

California Mining Stocks Opening Prices Report

San Francisco reports official closing prices for mining shares including Anca Bulwer Ophir Bodie Chollar Savage Union Eureka Gould Yellow Jacket and Sierra Nevada with values shown in fractions and notations of market status for January 17. The list highlights major producers such as Crown Point Gould & Curry Hale Norcross and Union Con with several unnamed equities trailing in trade, reflecting a volatile session.

San Francisco Cal ANCA Bulwer Belcher Ophir Bodie Con Chollar Savage Cal & Wes Inca Sierra Nevada Crown Point Union Con Fureka Gould & Curry Yellow Hale & Norcross

Foreign Financial Markets in London and U S Bonds

London stocks show Consols at 100 11 16, U S bonds mixed with 4s at 11234 and 84s toward 1303, Erie at 35, Reading at 2014. Atlantic & Great Western firsts 50, Winds Central 137, Mexican ordinary 50, St Paul 93, New York Central 11644, Pennsylvania 5812. Bank of England bullion op balance 56000.

Del Den RE. G Fort Weet Hook. V Aese Woo Gia Long Island Baie Ee Sane Ee Man M. & Chi Met Am Bell Telephone Erie Telephone New England Telephone St. LL Brookline Land Ohio Tees Ey Boston Land Essex San Diego Land West End Land Ee Eeveseer Ala N. KE Boston Water Power N & W. Pref Atlantic & Pacific Eastern Railroad Pera Mexican Central New York & New Eng Ca Panama P. D Wisconsin Central Pittsburg Union Pacific To & Fe Oeneveee Sneer Boston & Albany Boston & Maine California Southern Central of Mass St. Paul Cleveland & Canton Chic Burl & North St. P Burl & Quine Chicago West Michigan Saw & Love Pra Ave New York New England Old Colony W. Union Allouez Ee Cen.Pac Atlantic Catalpa P.cal P.c.&p Franklin O. Kan. Pac Tex. P. L.G Huron N. Pac Saat U. Pac Evessete Toort W. Shore Quincy al Adams Wells” Fargo London United States Erie St Paul

Wall Street Stock Break Spurs Richmond & West Point Decline

On January 17 in New York the market closed steady after a volatile session driven by Richmond & West Point Terminal stock. Rumors of an injunction against a $4,000,000 stock issue sparked sharp drops, while railroad bonds and other issues showed mixed movement and late recovery.

New York Sterling Exchange Reading Richmond & West Point Stock Exchange Wall Street Sully Haat Tennessee’s Peer Vile East Tennessee Denver & Rio Grand Texas Pacific St. Paul Chicago & Pacific Chicago Paul Consolidated Delaware & Hudson Houston &Texas

Rail line plan links New Haven Northampton to Western route

A report outlines a proposed 45 mile rail corridor from Williamsburg to the New York State line connecting with the Boston Hoosac Tunnel and Western road. The scheme, costed around 2.5 million dollars, would create a trunk line to the West and challenge Fitchburg by tying into New York Central influence via Vanderbilt interests. Engineers may review surveys, with a conference of Boston & Lowell and New Haven Northampton managers possible soon.

Hoosac Tunnel State Road Fitchburg Road Massachusetts New Haven Northampton Williamsburg Berkshire Hills New York State Line Boston, Hoosac Tunnel Yeomans New Haven & Northampton Road New Haven & Northampton North Adams Boston & Lowell New York, New Haven & Hartford Road Vanderbilt West Shore Line Boston New York Central Fitchburg Yeamans Canal Row

Real Estate Transfers in Suffolk County Highlights Numerous Jan Transfers

Real estate transfers listed for Suffolk County include Sargents wharf land from Sargent's wharf George N Black trustees to Bay State Sugar Refinery Company for 20000, Melville Avenue windham to Wheeler, Wheeler to Hammett, Beacon Street Shaw to Eldridge for 8982, Jan 14. Other transfers include Hanover Street Prescott to Prescott for 35000 with mortgages, Pond Street Bowditch to Stearns, Berkeley Street Collamore transfer back for 1, Ruggles Street Jacobson from Ryding, Roxbury Blaney to Brooks, Dorchester Carter to Farren, Havre Street Clarke to Osgood, Roslindale Seaverns to Colwell, and Brighton Mutual Insurance to Baldwin for 400.

Sargent’s George N. Black Bay State Sugar Refinery Company Sargent’s Wharf Dan Melville Avenue Cornelius W. Windham Edward ©. Wheeler Edward C. Wheeler James E. Hammett Beacon Street Samuel S. Shaw James T. Eldridge Beacon and Munson Paul Street Joseph R. Bassett Emma D. Collins Tremont and Paul Streets William C. Keal Hanover Street William A. Prescott John J. Prescott Suffolk Savings Bank Pond Street Ingersoll Bowditch Richard Sprague Berkeley Street Ruggles Street Oscar A. Ryding Et al Eric Jacobson Roxbury Augustus Blaney Francis A. Brooks Dorchester Josiah H. Carter James Farren Commercial Greenwich Streets Boston Mary V. Clarke William N. Osgood Havre Street Thomas C. Kennedy Rostindale Granville D. Seaverns Nehemiah W. Colwell Washington Street Ditto Reathen J. McLawin Wryrmor Sophia A. Read Mary E. Stowe Rea Street Brighton Citizens’ Mutual Insurance Company Henry Baldwin Orchard Street

Freight pool troubles push meeting of railroad managers

Commissioner J. N. Faithorn of the Northwestern Freight Association calls a Feb. 5 meeting of general managers and freight agents as the pool jeopardizes old lines. New routes from St Paul and Minneapolis to Chicago capture upset traffic shares with Chicago Burlington Northern taking over 60 percent of Minneapolis flour and 25 percent of portable traffic. Wisconsin Central presses for its share while Chico and North Western Milwaukee and St. Paul Rock Island lag, signaling a possible rumpus at the upcoming gathering.

J. N. Faithorn Northwestern Freight Association St. Paul Minneapolis Chicago Chicago, Burlington & Northern Wisconsin Central Chico & Northwestern Milwaukee

East-bound freight shipments total 44017 tons last week

Ten east-bound shipments from Chicago amounted to 44017 tons, down from 87520 tons the prior week. The traffic shares were Lake Shore & Michigan Southern 32.8 percent, Chicago and Grand Trunk 19.6 percent, Michigan Central 17 percent, Pittsburgh Fort Wayne & Chicago 12.5 percent, and Chicago St Louis & Pittsburgh 12.1 percent.

Chicago Grand Trunk Michigan Central Lake Shore Michigan Southern Pittsburg Fort Wayne St. Louis Baiti

Mortgage listings on multiple Boston area streets

A list of mortgages recorded on January dates across Boston area streets including Spence Forest Hill Marlborough Hampshire Vernon Beach Berkeley Wood Carmel Essex Loring Conant Medford Stone and related addresses with amounts ranging from 500 to 2000 dollars. Notable lenders include Home Savings Bank Chelsea Savings Bank South Boston Savings Bank and Quincy Shaw.

Archie McLean Henry C. Prescott Spence Street Francis F. Elwell Lorenzo Marrett Forest Hill Street George Wheatland Theodore R. Glover Marlborough Street Frank Mahan Henry R.S. Rowe Hampshire and Vernon Streets Roxbury Margaret J. O'Doherty Jerome A Bacon Beach Street John H. Collamore Quincy A. Shaw Berkeley Street William H. Keal Joseph IF. Wilson Paul Street Formas C. Kennedy Frank C. Wood Havre Street Boston Cyrus C. Conant Et al Home Savings Bank Wood Street Dorchester Mary J. Bartlett Chelsea Savings Bank Carmel Street Chelsea Christy Dorcey Essex Street Richard Hurley Et al South Boston Savings Bank Loring Street South Boston Oliver S. Sanford Henry O. Roberts Conant Street

Notable names listed in Baldwin Fleming firms across cities

A scanned list shows numerous executives and firms with Richards Baldwin Fleming in Augusta Georgia and W Mulherin in Butler Pennsylvania among others. Names include John Bickel Craw Chicago D Hills Doggett Bassett Hills Co Par Chicago C W Marks Craw Chicago and J W Dis Son Am Philadelphia Penn.

Neice Ga Baldwin Baldwin & Flemg, Tre Augusta Mulherin Mulherin & Co Butler Penn John Bickel Craw Chicago H Hills Doggett, Bassett & Hills Co Par Marks Montanya Montanya & Co Cincinnati Laws Laws & Co Ads Prisdemaes Childs Childs, Groff & Co Clinton Gay J. Evansville Lnd J Dallam Dallam & Son Madison Ind Stanton Nashville Tenn Weil Weil & Co Parkersburg Diis Dis & Son Philadelphia Lippincott Lippincott, Son & Co Yoauenet Ga W Tedcastle R G Clark & Co Toledo J S Rodgers Dewey, Rodgers & Co Washington, DC Wm Hahn Wm Hahn & Co

Capture of Two Bundle Thieves Stuns City

Fred R. Lyman alias Me Williams and John F. Shea were arrested on suspicion of stealing messenger boys bundles. They lured boys with a dime errand, then kept the bundles long term. Several boys identified the pair. Lyman once escaped prison by tunnel.

Fred R. Lyman Me Williams John FE. Shea Lyman State Prison

Commercial market notes show steady demand across commodities

Pig iron, bar iron, plate iron and lead are in good demand while copper, zinc, tin, rye, oats, oatmeal and rye flour remain quiet or steady. Butter and cheese stay firm, eggs and potatoes ease. Provisions and fresh beef stay firm. sugar and molasses hold steady. truck and other staples hover in fair or steady demand.

Market Report on Iron and Steel Prices and Production

Demand strengthens for pig iron with higher asking prices and firm rail and plate markets. American pig iron at ports quoted. foreign pig iron prices rise modestly. bar iron and tubes show strong demand. steel plate and pipe prices vary by item. Iron and Steel Association notes 323 furnaces in blast on Jan 1 1887 and 275 in 1886 with weekly capacities. Copper, lead, zinc and tin prices mixed with modest activity.

Gray Forge Englinton Langloan Glengarnock Gartsherrie Carnbroe Coltness Shell Iron and Steel Association

Market Reports from Jan 17 Wheat and Corn Activity

The flour market is quiet with no price changes while winter wheat holds firm and spring patents stay fairly steady. Corn remains quiet and steady. steamer yellow on spot reported at 52c. A 20 car high mixed sale to arrive at 514¢, but close shows 6184¢ asks.

Osc Chicago Liverpool California Boston Baltimore New Orleans New York Seeiach Ees United States Seaboard Bush, Bush, Bush

Wheat exports and 1886 crop figures and grain prices

The report totals wheat exports to 84,808,492 bushels from eight Atlantic ports with 64,080,560 bushels to Europe and 39,646,813 to the United Kingdom. The 1886 US wheat crop is 457,000,000 bushels, with 75,000,000 left on July 1, 1886. Of this, 50,000,000 is a permanent reserve, leaving 25,000,000 to add to 1856 supplies for a food outlook of 482,000,000 bushels. Domestic use and manufacturers account for 35,000,000, reducing export-ready stock to 419,803,402 bushels, with 62,196,503 still exportable by Jan 8, 1887. UK and other regions will draw on North American grain, with 82,196,508 bushels potentially remaining for export to Europe. Flour and other grain prices are listed for various grades and regions, including mixed, white, and patent flours, cornmeal, rye flour, oatmeal, and millfeed. Wheat and cereal year ratios and specific price points are provided for multiple commodities.

Atlantic Europe United Kingdom United States Washington Department of Agriculture West Indies South and Central America South American East Indies Bakers Michiga Canada Superior Canada Rollers Canada New York Bush Eastern

Butter and dairy markets hold steady with mixed regional tone

Butter prices end steady as demand varies by locale. Chicago and New York show mixed activity with creamery and extra grade quotations while eggs, beans, seeds, poultry, and potatoes exhibit stable to quiet trading. Local rates for butter range from 16 to 32 cents with regional variations noted.

Vermont Chicago Elgin Creamery Western Creamery New York Liverpool B. Bros York State Eastern Ohio Abe Jersey Maine New Brunswick Houston Do Hebrons Burbanks Maine Do Virginia St. Andrew

Fruit and nut prices and dried fruit terms listed

The article lists current prices for fruits and nuts including apples from Baldwin Mass and Maine, Tallman and Northern Spy varieties, peanuts and pecans, dried apples in evaporated and sun-dried forms, Valencia and Messina fruits, Florida oranges, tangerines and mandarins, and Cape Cod cranberries with price ranges per box or per barrel. It reflects wholesale market quotes and product quality grades.

Massachusetts Maine Virginia Farmer’s Marks Valencia Messina Palermo Malaga Florida

Market Notes Steady Pork and Lard With Firm Beef Prices

Pork and lard hold steady as buyers show fair demand. Fresh beef remains in steady demand with prices firm and unchanged.

Also Mentioned on This Page

Fe Diego Engineering and Mining Journal Chili Bolivia Calumet Basset, Whitney & Co Bankers and Brokers Devonshire Street Nassau St Phila Delphia Northern Pacific R. R. Co. General Northern Pacific R. R. Co Northern Pacific Oregon Short Line R. R. Co St. Joseph Grand Island Oregon R. R. and Navigation Co Rockingham, VT Town House Bellows Falls Saxton’s River Cambridgeport Bartonsville He Venner & Co Congress Street Boston Stock Exchange Brokers’ Board U. Pacifie T&s Ny&ne Cal & Hee Mex Cent Inc Boston Bihaead P Ae Eevee K& Ww Iy Aseed Cent Mass Gendoveragee Aim Bell Bos East-il B&n R&pt Pranklin A&p Ok & W Union Pac Bell Tel Nyq Cal & Hegre Wilson W. Fay & Co State Street American Electric Manufacturing Burton Tol Cin Lord Acoustic Telephone New England General ‘Ticket and Passenger Agents’ Association Pathfinder Railway Guide Richmond Terminal Company Richmond Terminal Common Richmond Danville Denver & Rio Grande Road Milwaukee, Lake Shore & Western Association of General Freight Agents of New Enland Abcathfinder Railway Guide New England Geneva Ticket and Passenger Agents’ Association Wedasesey Norfolk & Western Baltimore & Ohio Chattanooga Bristol Memphis London Stock Exchange Denver & Rio Grande Mr. Gould Missouri Pacific Ohio & Mississippi Jersey Central Sound Lines Fall River Nantasket Road Metropolitan Sonora Og &L At & Pacine NY &Nesos Ee C K& W Bs Boston Weer Ova Lamson 58 » 5d B4 Boston & Prov F&pm Metro Foreign Financial Markets NEW York Financial Railroad Matters Suffolk County Hale Glenn Hill Pike Bessemer Washington Territory
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