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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 18, 1889

Page

6

Boston Money Market and Bond Auctions Report

Boston financial news notes easy money and shifting rates with clearing house at 2 percent. It details New York exchanges, bank balances, and bids on city loans, plus bond offerings and treasury actions.

Dividends Declared by Multiple Firms

The Mercantile Wharf Company of Wellfleet at $50 per share, the Dakota Loan and Trust Company at 4 percent semiannually, the Girard Fire and Marine Insurance Company of Philadelphia at $6 per share quarterly, and the Pittsfield National Bank at 4 percent semiannually announce dividends. A 4 percent dividend from the Boston Lead Manufacturing Company is payable Feb 1 to stockholders of record Jan 26.

Mercantile Wharf Company Wellfleet Dakota Loan and Trust Company Girard Fire and Marine Insurance Company Philadelphia Pittsfield National Bank Boston Lead Manufacturing Company

Auction Sales of Banks and Rail Stocks on Jan 19 1889

Auction sales list extensive bank and railroad stock offerings with names of institutions in Boston, Portland, New York and Chicago. The notes include bonds and share counts across multiple banks, mills, railroads and manufacturing companies with prices and lots in a dense securities auction record.

First National Bank Portland National Bank Cumberland National Bank Portland, Ste Hlackstone National Bank National Webster Bank National Eagle Bank Suffolk National Bank Howard National Bank Globe National Bank National Bank of Commerce Arkansas Valley Town and Land Co Citizens’ Bank of Wichita Kan Davidson Investment Co National Telephone Manufacturing Co Lynn & Loston Horse RR Chelsea Gas Light Co Great Falls Mfg. Co Burton Stock Car Co Lo Order of Executrix Natilde and Leather Bank Row Western RR Algonauin Clubdos Third Nat. Bank Mass. Title Ins. Co Ado Globe Nat. Bank Arlington Mills Central Nat. Bank Hopkinton Nat. Bank Hopkinton Mass Chicago Boston & Liverpool Ref Car Co Douglas Axe Mig. Co Adm Union Pacific Consol. RR Nashua & Lowell RR

New York Financial Reports Mixed Bond and Stock Activity

Money on call easy at 2 percent with last loan at 2 and prime mercantile paper at 4 percent. Stocks showed a quiet, firm close after a morning slant but with slight gains in some issues. Bond prices shuffled with readings like Atlantic & Pacific 4s up 1, Long Dock 6s up 2, and Western Union 7s up 1 to 117.

New York Prime Mercantile Sterling Exchange Chicago Gas Trust Delaware & Hudson Reading Lackawanna St. Paul Missouri Pacific Western Union Union Pacific Atlantic & Pagcitic Atlantic & Pacific Northwestern Extension Chicago

Foreign Financial Markets Roundup from London and Paris

London stocks show Consols at 99 16 for money and 99 316 for the account with U S four percent at 110 12. Bank of England bullion today 35 thousand pounds, Western reserves up 0.848 million last week. Paris sees a 2.45 million franc fall in gold and 0.8 million rise in silver per the weekly Bank of France statement.

London United States Canadian Pacific Erie Illinois Central St. Paul New York Central Paris Bank of England Bank of France

Atchison System Reports Across Miles and Debts Shift

Rail heat details show atchison system accounting for 3000 miles not in full operation. Reported eleven months net earnings reach 4 642 050 with projected year total near 5 317 838 under bonds. fixed charges around 9 500 000 annual. Gulf and California lines earnings vary. Chicago line near covering interest. Northern lease rumor denied by Old Colony and Fitchburg presidents. Webb named to Central & Hudson presidency. Worcester Sudbury project revived to link Boston and Worcester and Marlboro.

Kansas City Fort Scott Memphis Clinton Springfield St. Louis Cable & Western New York New England Eastern Common Boston & Albany Old Colony Boston & Providence Portland, Saco Mexican Central Chicago, Burlington & Northern Atchison Chicago, Kansas & Western Birmingham Oregon Bell Telephone Larson Atchison Company Chicago Kansas West Gulf Road Atlantic & Pacific Atlantic Pacific K. W Boston News Bureau Phillips Fitchburg Road New York Railroad Troy Boston Hoosac Tunnel Johnsonville Vermont State Line New York Central & Hudson River Railroad Company James Tillinghast William H. Vanderbilt Henry Walter Webb Webb Wagner Car Company James Watson Webb Sudbury Worcester Massachusetts Marlboro Northboro

Creditors hold meeting as Hammond offers cash stock swap

Creditors of lumber dealer Wilson G Hammond heard his proposal to pay 15 cents cash and 85 cents in Winter Harbor Land Company stock at par per share or 20 cents cash if declined. Committee of investigation named. meeting took no action. Separate notices report William Bassett’s failure and Irvin & Snow boot and shoe jobbers creditors approving a 20 cent offer.

Bar Harbor Lamoine James A. Hearn Boston Gault Bar Harbor Land Company Atllonez Bonanza Calumet & Hecla Kearsarge Napa Quincy Tamarack Butte & Boston Boston & Montana Santa Fe Osceola Opechee Vivian Franklin William B. Dana & Co Wilson G. Hammond Central Street D. Charles St. Paul St. Paul Street Winter Harbor Mr. Hammond Morane D. Nash J. M. W. Hall W. Maul William Bassett Everett Baleen Irvin & Snow Congress Street Isaac Cary New York City

Commodity Market Notes From Regional Trade Review

Wool is quiet and firm leather dull hides quiet flour dull corn slow oats steady rye flour dull graham flour quiet cornmeal steady oatmeal firm rye dull barley quiet millseed easier cottonseed meal slow mait dull hops quiet butter weak cheese steady eyes easy beans quiet potatoes steady sweet potatoes quiet hay plenty rye straw steady game slow poultry quiet apples dull oranges fair demand lemons unchanged cranberries dull pork quiet corned beef steady fresh beef slow other meats quiet raw sugars steady refined sugars unchanged molasses quiet taliow firm

Print Cloth Market Steady in Fall River Trade

The print cloth market in Fall River remains firm with 64x64s quoted at 4c for spots and April delivery and 85-16c for April to July. Sales for June and July at 3c, with weekly activity reaching about 175,000 pieces across the market.

Fall River Sony

Leather and Hides Market Faces Slump and Dull Demand

The leather market remains dull with large supply and buyer advantage. Prices are easy across finished leathers and hides, with only scattered movement in wax and kip. Demand varies by type, while calfskins and rough leathers show limited activity and prices hold near old figures.

Brighton New England West Iltec Buenos Ayres Montevideo Rio Grande Entre: Rios Corrientes

Wool Market Holds Steady with Firm Demand Across Regions

The wool market remains steady with firm prices and quiet demand. Ohio and Pennsylvania wools show little activity but full prices persist, while No. 1 combings reach 40 42c and delaines show strong movement. Texas and California wools hold near previous levels as other regions report steady quotations.

Ohio Pennsylvania Michigan Delaines Wyoming Utah Texas California Ile Oregon

Wool prices and grades across states and regions

A dense listing of wool types and prices by region and grade, covering Michigan Wisconsin New York New Hampshire Vermont and many other states and areas. Includes categories such as combing crossbred unwashed unmerchantable pulled and various wools from California Oregon Washington and international sources.

Michigan Wisconsin New York New Hampshire Vermont Kentucky Indiana Missouri Ohio Territory Montana Wyoming Utah Colorado Georgia Texas Ansas Nebraska Pennsylvania Maine California Oregon Washington Territory Montevideo Aleppo Angora Assyrian Cordova Donskot East India Kandahar Juria Bagdad

Wool Sales at Antwerp Firm Despite Good Attendance

At Antwerp wool sales on January 17 a large crowd attended as competition stayed brisk. Twenty five hundred bales were offered with Buenos Ayres 273 bales at 80 165 francs per 100 kilos, Montevideo 820 bales at 95 225 francs, Entre Rios 580 bales at 10 ae francs, and Algerian 240 bales at 100 105 francs.

Antwerp Buenos Ayres Montevideo Entre Rios Algerian

Grain market notes from The Grain Markets Chicago Jan 17

Farnum Reardon & Co report wheat prices fluctuated as sellers pressed early, with Schwartz & Dupee later buying steadily. Minneapolis forecasts a 250000 bushel weekly wheat decrease, while California wheat futures soften in Liverpool. Downtick of small shorts spurs a 1 4 cent advance, with export demand supporting some buys. Copper and oats show mixed moves across futures boards in St Louis and New York closures.

Chicago Farnum, Reardon & Co Schwartz & Dupee Minneapolis Board of Trade California Liverpool Hutchinson S$ Williams & Co St Louis New York

Boston Markets January 17 Flour and Grain Prices

The report lists carload inspections of wheat, corn, and oats and notes declines in breadstuffs exports for December 1888. Flour markets show dull demand with wide price ranges for fine to patent grades and various regional quotes. Wheat and corn futures are described as unsettled to firm, with regional price levels and on track versus elevator quotes for multiple grades.

Bureau of Statistics United States Minnesota Michigan Canada Superior Canada New York City Mills City Milwaukee St Louis Chicago Minneapolis Northern Duluth Toledo Baltimore Philadelphia Detroit Peoria

Also Mentioned on This Page

New York Assembly Trustees of Savings Banks St. Louis City of E. Rollins Morse & Bros Brewster, Cobb & Estabrook and Blake Bros Simon Borg & Co Adams, Blodget & Co R. Lay & Co Kidder, Peabody & Co W. J. Quintard R. L San Francisco Telegraph New Orleans Bank Charleston Savannah Secretary of the Treasury Reichsmarks Commission Houses Chicago, Burlington & Quincey Furthr Chicago, Burington & Northern Arlington & Northern Cross Atlantic &Pacific California Southern Chicago, Burlington & Quincy Chicago & West Michigan Flint & Pere Marquette Pullman Palace Cleveland Canton Rae Cincinnati Sandusky Cleveland West End Land West End Asvinwall Water Power Fast Boston Frenchman’s Bay Sullivan Harbor Lopeka The Massachusetts National Bank OF Boston China Cras W. Peasins Cashier Devonshire Street Nassau Street Boston Stock Exchange Miscellaneous Stock Exchange Bay State Live Stock Co Thy Cabot Mfg. Co Alen Edwards Mfg. Co Everett Mills Atlantic Cotton Mills Eastern Old Colony RR New England Tilasa Co Boston Heating Co First Nat. Bank Chelsea City of Porsenoull N. H U.S Wil Baltimore RR. Co Worcester, Nashua & Rochester RR. Co Do. York Mig. Co Continental Mills Newmarket Manufacturing Company Clinton Mills Hamilton Woollen Co Newmarket Mfg Gt. Falls Lowell Hostecy Co Conn River RR Somerville Horse RR. Co Fitch Barl. & No Top Santa Fe RR Marion & McPherson Boston & Lowell Fell City & Cannelton New York & New England RR Lshare Hares Mfg. Co Boston Coop. Building Co Boston Atheneum Somerville Electric Lt. Co Farmers’ Loan and Trust Co. of Manchester Mills Freeman’s N. Bank Union Pacific, Lincoln & Colorado RR Ae Cent Hill Mfg Conn. River RR. Co M. Revere Bank Merchants' N. Bk Salem Mercantile N. Bk Suffolk Cordage Co San Can. Sc P. & C. Ists Ieee Tex. P. Ll. G AG Biss Tr. T.C Tex. P. R. G N.J. C.int N. Pac U. Pac W. Shore Adams American Wells Fargo Amador Eames Beesdd Ophir Col. Chis Con. CG. & V Sierra Nev Homestake Tenn.c.& S Mutuals S.& M United Cop’ Fr Brokers’ Board T & F Col Trust Ilo Evece Ll CBS Q As -C Lilly St Aim Bell Tel Ee Een Ee Lamson SS Jioston East Fioston Lamoine Land Oco-Tiguir A& P Plasiene Cewe M Faerm Pullman Pal Ailand West End Ry A&p Aspinwall Land Obi Ob Ale Nee Ste Sone Cal Franklin Seers Quincy Santa Colsos B&n Ross C&w Cleve & Can Cin San & Clev F & Pmpfd Ny&n Diesel Able Pull West End Bypid E Boston Stock Exchange Arnold Atlantic Bonanza Devel’ Ts B. & Mont Byl Hutte & Loston Seer Crescent Central Huron Euenee Ironton Nations Eee Pewabie Seater Ae Etene Ridge Aspinwal Sabas Eereee Boothbay Eeeeestane Eenee Eeesee Slysoylston Steesk Brookline Eseteteereeee Campoello East Oston Bay Maverick Newport Payson Wollaston L. G At. & Pac Elk H K.C K. C Otte P. D.O Oregon L. S Pueb. & A Railand Ae - Bee Atch Top. & S. Pi Boston & Alvany Boston & Maine Boston & Proy Central of Mass S- Cos B ‘Anton Cleve Seer Dore Tiver Enews Fitchburg Flint & P. ii. Com J .S Guif S.csss N.Y N . Oneal Rutland Union L’acitic Wisconsin Central Am. Bell Eastman Car Heater Lamson Store Ser. Co Pullman Palace Car Co Wilson W. Kay & Co State Street Liec Eureka Telephone Don Iurique Burton Stock Car T Pacific Roch, & P Central Iowa Central Pacific Seit Ches Chi Ideal A B&q Boo Me L del. & H del. & L den, & RK East ‘Tenn Fort Wayne Hocking Valley Houston & Texas Man Beach Lewces Pacific Essex N. J Northwest Iil St. Li Tome Nareees Tenas Tol Regoulm Pacific Mall Boos W. Union Étroleum San Fancisco Allis Beteers Best & Aelcher Seeteene Savage Con. Cal Sierra Nevada Crown Point Union Con Ss.e Gould & Curry Hale & Norcross Ryellow Jacket Commonwealth NEW York Financial Foreign Financial Markets Railroad Matters Choate J. E. Carter & CO Bankers & Commission Washington ST Boston Markets
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