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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 19, 1887
Page
6
Boston money market shows dull steady conditions with clearing house rates slipping a fraction. Banks discount paper 5 to 6 percent, loans on call 4 1 2 to 4 1 2 percent. Bonds and shares active with Atchison issues firm and Mexican Central plans drawing attention amid broader stock movements.
The National Union Bank of Fall River declares 2 percent dividend. Fishdale Mills declares 3 percent. Homestake Mining declares 20 cents per share quarterly. Boston Cab Company pays 1.2 percent quarterly from earnings this day.
Reports from the Boston Stock Exchange detail early calls and first and second price ranges. The record lists multiple brokers and securities with bids, asks, and totals, including various rail and utility issues and significant par values.
A historic roundup lists numerous buyers and firms across U S cities including Baldwin & Fleming Augusta Georgia Mulherin Co Augusta Georgia White & Co Chicago Illinois Goff Stone Goff Co Am Butler Pennsylvania Bickel Craw Crawford Binghamton New York Hills Doggett Bassett Hills Co Chicago Illinois Marks Chicago Illinois Montanya Montanya Co Chicago Illinois Morrill Crawford Chicago Illinois Shay TJ Shay Co Ads Cincinnati Ohio Laws & Co Adams Cleveland Ohio Childs Groff Co Ada Clinton Wisconsin Gay Evansville Indiana Dallam Dallam Son Madison Indiana Stanton Am Weil Weil Co Parkersburg West Virginia Dils Dils Son Philadelphia Pennsylvania Lippincott Sons Philadelphia Pennsylvania Foster Foster Sons Philadelphia Pennsylvania Terry Banting's Sons Co San Francisco California Greenbaum Co Toledo Rodgers Dewey Rodgers Washington DC Hahn Co Cincinnati Ohio
Official closing prices of mining stocks listed in San Francisco on January 18 include Hale & Noreroas Mexican and Crown Point among others. Notable entries show Bodie Consolidated and Yellow Jacket trading at around six to seven dollars with varied results across the list.
London stock prices show Consols at 100 138-16 and US 4s at 18058 with various railway and canal shares listed. The Bank of England balance today notes £27000 bullion added, while Berlin reports Imperial Bank of Germany specie gains of 12,760,000 marks.
Money on call easy at 4 to 5 percent with 6 percent loans and 6 offered. The market closes dull to firm with Lake Shore leading activity and late gains in the general list. Railroad bonds show varied moves with several issues advancing or steady, while overall trading remains light and prices mostly weak to dull.
New York stock transactions on January 13 show an aggregate 353 399 shares traded. The report lists the shares sold in the evening session and notes overall activity across listed issues.
The Quincy School Association held its annual reunion and dinner at the United States Hotel with Governor Ames in attendance. Speeches were given by Edwin P. Seaver John C. Crowley A EK Winship and Rev W E B Jackson. Officers elected include President Charles H Brigham Secretary Edward Harkins Treasurer Francis L Bullard and several vice presidents.
Appraisers Andrew Fiske Frank Morrison and George D. Noyes filed the estate inventory for Helen Hunt Jackson. The personal estate totals 12642 61 with Andrew Wiske as executor. Assets include government and railroad bonds and rights in copyrights. Debts show 211975 due from Roberts Brothers for book sales from July 1 1885 to January 1 1856.
Harry McKenna the Western billiard wonder gave an exhibition at the Press Club rooms in Boston. He played a three ball game of 500 with Van Cullen Jones in the Associated Press and ran the game out in one inning. He then performed a series of brilliant fancy shots.
The Young People's Confraternity of the Second Church under Rev. E A Horton and wife hosted a reception at the Vendome last evening. About fifty ladies and gentlemen attended, with Mr Jeffrey Richardson in charge. Supper was served at 10 30.
Brattleboro Vermont resident Henry Tucker reports using Horsford's Acid Phosphate in several cases of sleeplessness with very pleasing results.
Commercial matters show mixed activity with lumber quiet while coal remains lively. Flour oats rye flour and malt stay steady or firm. butter cheese eggs beans and potatoes hold firm or quiet. Provisions fresh beef sugar and molasses show firmness. truck demand remains fair.
The lumber market shows quiet Northern and Western sectors with steady to firm prices, while Southern lumber remains steady with modest demand. Hemlock boards and shingle and clapboard prices are listed, with wide ranges for spruce and pine and assorted hardwoods. Grain outlook favorable in several Kansas and Wisconsin counties. wheat exports and prices reported.
Boston faces scarce coal supplies as a strike halts New York arrivals. Dealers push prices up with small retail lots going to regular customers. Anthracite demand stays strong and shipments from Readings and other harbors pause until labor disputes ease.
No change in the flour market with winter wheat firm and spring patents steady. Corn quiet at prior quotations. steamer yellow sold as wanted. Oats remain very firm with higher prices noted. No 2 white oats 40 to 41 1/2 cents, fancy clipped 43 cents. Sale calls: 10,800 bushels March 40 1/2 cents, 8,100 bushels April 41 1/4. after call 2,700 bushels April at 41 1/4. Inspections list mixed grain and oats. Liverpool receipts show wheat and corn gains. winter wheat state reports favorable with snow protection in several counties.
Western creamery extra butter and New York quotes ease while Chicago bids stay quiet. Elgin, Ste. Western, and Vermont creamery items show scattered prices. cheese firm in New York and Chicago with on call bids. Eggs, beans, seeds, and potatoes steady with limited demand. overall market tone easy with no major shifts.
Nut and dried apple prices listed by variety and origin. Includes walnuts, pecans, hickory, and shellbark with per bushel figures and crate prices. Dried apples show evaporated, sundried, and sliced forms with various price ranges. Foreign fruits and Florida oranges priced by box or bushel with Messina lemons and Malaga grapes also noted. Cranberries priced by Cape Cod and country sources with grade distinctions.
Liverpool futures opened steady and closed easy with multiple forward spreads from January to May. Spot in Liverpool and New York showed dull to quiet demand. sales and receipts tallied around 7,000 bales with 5,700 American. New York spot closed quiet. futures at steady bid and ask across months from January to August. Bribes noted. Sugar and molasses markets described as firm with varied refining prices and cargo quotations.
Tuesday report shows steady wholesale prices across fresh meats produce dairy and seafood. Beef veal pork and lamb prices hold firm while eggs butter and cheese remain steady amid adequate supplies and normal demand. Cabbage lettuce oranges pumpkins and several fruits show stable quotations with ongoing shipments and no shortages.
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