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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jan 25, 1887

Page

6

Money Market Dull With Steady Rates In Boston

The Money Market report from Boston on Monday evening January 24 notes a quiet week opening with no notable rate changes. Banks quote 5 to 6 percent for customer paper, 4 to 4 1/2 percent on call loans, while New York funds fetch around 10.15 cents per $1,000 premium.

Boston New York Brown Bros. & Co Pacific District of Columbia United States Gould London American Securities Atchison Atlantic & Pacific Central Massachusetts Maverick Land Aspinwall West End Cincinnati, Sandusky & Cleveland Little Rock & Fort Smith Portsmouth, Great Falls & Conway St. Louis, Kansas City & Colorado Railway St. Louis Kansas City Versailles Kansas Leavenworth, Northern & Southern Enterprise Leavenworth Missouri Pacific Santa Fe Denver Pacific Coast Atchison, Topeka & Santa Fe Chicago California Gulf, Colorado & Santa Fe Texas Atchison, Topeka & Santa Fe Conny Union Pacific Washington Outhwaite Ohio Committee On Pacific Railroads Pacific Railway Secretary of the Treasury Congress Philadelphia Press Oregon Navigation and Oregon Transcontinental Oregon Northern Pacific Minneapolis Street Railway Company Springfield Memphis Fort Scott & Gulf Harnings Clinton Eastern Illinois

Mining stock closing prices in San Francisco market

In San Francisco on January 24 the official closing prices for mining stocks are listed with figures for Alta California, Mexican, Best & Belcher, Mt. Diablo, Bodie Consolidated, Ophir, Chollar, Crown Point, Sierra Nevada, Eureka, Union, Gould & Curry, Utah, Hale & Norcross, and Yellow Jacket, among others. Prices show varied gains and declines across the active mining shares.

San Francisco Cal Alta.c.cccessevces Bulwer MONO Best & Belcher Life Mt. Diablo Bodie Con Ophir. Ciel Enon Cal & Varese Sierra Nevada Eureka Union Gould & Curry Utah Hale & Norcross Yellow Jacket

London Stock Market Closes Slightly Lower on Monday

Consolidated prices slipped with Consols at 100 7 16, down 1/2 point from Saturday. US 4s and Erie and Reading stocks also fell while Canadian Pacific and Illinois Central held modest losses. Paris three percent rents moved to 80 francs 20 centimes from Saturday’s closing.

London United States Canadian Pacific Erie St. Paul Common New York Paris

New York Financial Markets End Week With Broad Weakness

Money on call stayed easy at 8 to 5 with last loan at 4 and closing at 4. Government bonds dull but firm while railroad bonds were quiet to weak. Stocks opened weak and stayed active but declined to the day’s lowest by session end amid London market fades. Hocking Valley rose 1 1 4 while Louisville and Nashville fell.

Texas Pacific Trust Atlantic & Pacific New Jersey Central Adjustment Denver Mackinack & Marquette Lake Shore Kansas &Texas General New York Elevated New York City & Northern Oregon Navigation Ds San Francisco Texas Pacific Income Trust the Rio Trust Wabash General Ohio Southern Fort Worth & Denver New York Prime Mercantile Sterling Exchange London Louisville Nashville Hocking Valley

Railway consolidation talks rattle Troy and Fitchburg

A Fitchburg to Boston through line may unfold after stalled talks with Troy & Boston. Stock and bondholders dispute value, with $1.5 million in bonds and $1.62 million in stock cited as worth more in current ratings. The issue centers on whether bonds are paid at par or tied to actual worth, altering stockholders’ recovery.

Eastern Railroad The Transcript Eastern Kidder, Peachy & Co Lee, Higginson & Co Troy & Boston Albany Journal Fitchburg Boston Boston, Hoosac Tunnel Troy Exchange Itchburg Company Troy Boston Property

Gould's proposed Denver to Newport News railroad plan

Report from St Louis claims Jay Gould will build a direct Denver to Newport News line. The route would start in Memphis, connect to Bald Knob, then Chetopa and Kingman, Kansas, linking to Denver in a straight line. If true, the contemplated road would be an almost perfect transcontinental link.

Denver Newport News St. Louis Jay Gould Memphis Tenn Bald Knob A. T Chetopa Kan Kingman

Brayton Ives Attacks Ex Villards Face Backlash

The New York Times calls Brayton Ives's attack on the Ex Villards and the Evening Post a dangerous misstep. It labels him a Wall Street bear and notes the need to prove his claims amid known motives and rivalries with Villard Elijah Smith Horace White.

Brayton Ives New York Times Evening Post Villard Elijah Smith Horace White Oregon Railway and Navigation Wall Street Fawcett Ives

New Rates for Dressed Beef Spark Class Action

East bound classification committee in Chicago heard dressed beef shippers demand independent classification for dressed meats. They argue current 75 percent over livestock rates is unfair and hurts the dressed meat industry. Committee declined action, saying joint managers must decide. Shippers plan to appeal to the Interstate Railway Commission after Congress action.

Blanchard Chicago Classification Committee Joint Committee of Managers Interstate Railway Commission Congress

Kansas City Packers Seek Cheaper Liverpool Route

Kansas City packing houses led by Mr. K B Armour visited New Orleans to arrange Europe shipments. Armour sent beef to Liverpool via Southern route, claiming better returns than New York. A through KC to New Orleans rail route and Harrison line steamers to Liverpool cut costs 20 to 25 percent, with warehouses planned in New Orleans.

K. B. Armour Kansas City New Orleans Europe Armour Liverpool New York Fort Scott Memphis Harrison

Railroad earnings and asset recoveries cited in January reports

The report covers Denver & Rio Grande earnings for January weeks in 1887 and 1886, Hocking Valley securities recovered by Judge Burke, Baltimore & Potomac December earnings and yearly totals, a potential extension of the St Louis and San Francisco line, Wason Manufacturing orders for passenger cars, Memphis & Charleston weekly and year totals, Old Colony locomotive production, Philadelphia notes on Reading receivership and securities deposits under reorganization plans.

Denver & Rio Grande Hocking Valley Burke Morris Coal Company Baltimore & Potomac Railroad St. Louis San Francisco Salem Little Rock Iron Mountain Wason Manufacturing Company Old Colony Boston & Maine Boston & Albany Memphis & Charleston Boston Taunton Philadelphia Butler

Commercial Market Summary Shows Steady Demand Across Goods

Pig iron and plate iron show strong demand while bar iron rises. Steel remains in good demand and copper quiet. Lead and zinc steady to quiet. Tin more active. flour and grains largely quiet. Butter cheese eggs beans potatoes and provisions firm. Fresh beef, sugar and molasses steady.

The Metal Market Prices Steady Across Commodities

The market for American pig iron remains firm with little change from last quotes. Prices at shipping ports show No X at 22 50, No 2X at 21 50, gray forge at 18 50, with small spot lots 1 2 ton higher. foreign pig tin and copper see steady to quiet demand amid high abroad prices. Old rails hold at 30 32 American and 26 27 English. tube and pipe demand strong with various discounts and carload quotes noted.

Eglinton Langloan Glengarnock Gartsherrie Carnbroe Colthness Shell A. Strauss & Co London Es Billiton America Straits Austrawan Tomnaod Holland Etlees Y Acne Tees Australia

Agricultural crops of 1886 final report figures

The final report shows corn at 1.635 billion bushels on 75 million acres with a farm value of 610 million. Wheat yields 457 million bushels from 37 million acres valued at 314 million. Oats total 624 million bushels from 238 million acres, value 186 million. Prices rose for corn and oats, while wheat prices fell from 77.1 to 68.7 cents per bushel.

Pacific Coast

Winter wheat market firm with quiet demand in 1887 era data

Market notes show a firm winter wheat market with higher asking prices and limited spring patent demand. Corn and oats stay mostly quiet with occasional sales, while barley and other grains show mixed stock levels in Chicago and New York.

Chicago New York

Market Reports Pile Up Wheat Oats and Rye Quotes

The report shows large grain movements with oats 3 409 904 bushels and rye 984 693 bushels afloat while cash oats trade around 40 40 percent and futures quotes edge across several months from January to May. Closing prices mark a firm tone as wheat and flour markets pull in Liverpool and Chicago bids with notable volumes and imports anticipated for the United Kingdom.

United Kingdom Reno Kingdom France Liverpool Chicago Eas Bakers Michigan Canada Superior Canada New York Bush Eastern

Butter and market reports show steady tone across markets

The report notes quiet trade in butter with unchanged Chicago prices and light receipts in New York. On calls for bids and offers, July creamery and factory items show modest asking prices while eggs, beans, seeds, and poultry list varied quotes. Prices for butter, eggs, beans, hay, potatoes, and other commodities are given across New York Chicago and Liverpool markets, with overall steady to easy tone in several lines.

Chicago New York Liverpool B. Bros Eastern Vermont Creamery Ohio Vermont Jersey Maine New Brunswick Houston Burbanks Pei St. Andrew

Fruit Prices Steady With Mixed Apple Varieties Listed

Fruit market shows little change from prior report. Apples Baldwin No 1 Massachusetts at 175 dollars, Massachu s 250, Maine greenings noted, other varieties not clearly specified in readable text.

Baldwin Massachusetts Maine Greening

Also Mentioned on This Page

Marquette, Houghton & Ontonagon Sonora Detroit, Lansing & Northern Central Massachusetts Common Morey Samuel N. Ndrich Central New York & Massachusetts Pee Poughkeepsie, Hartford & Boston Railroad Company Supreme Court of Massachusetts Stumblin M. M. Cunniff Eastern Railroad Company Kidder, Peabody & Co West End Street Railway Company Henry M.whitney Charles A. Potting Asa P. Potter I.I. Burr Ezra H. Baker Jarvis D. Braman M. F. Dickinson, Jr Bell Company Bell Dolbear Ell Salem Gaslight Company Poughkeepsie, Hartford & Boston Railroad Company New York & Massachusetts Railroad Company George P. Pelton Henry D. Cone Edward Ellsworth John F. Winslow Oliver H. Booth J. A. Perkins Poughkeepsie Henry, D. Cone Stockbridge William A. Miles Conake Eee Peter W. Gallaudet Samuel N. Aldrich Marlboro Mass Kearsage A. T&s F B& N Enone Een S8&m Ood Waee Met Horse Ny&ne Etavtecvives P GF &C Wis Cent Pullman U Pac Sinoo Mar & McPher St Jos & Gr Bell Tel New Pag Tel Hecla Boston Land Alt T.H Aerest Ing Sane Aspinwall Land Loo At. & Pac Eeeetae Iit Eset Eere Ity West End Land B. Air L C. R T&s F Cent Iowa Aeee Aeeer Atlantic & Pac Pav Eeee B& L Esses Ches So East S&c NY &Ne San UN Pacific Col H. V At& Pacis del. & H Eeug del. & L K. G Wis Vales K & W Bs Han St. Fort Wayne Tex Ae Lake Shore Ing Long Island de Scrip Lon, & N B&q Lon, & N. Alb Nor Pac Man Eeves Este Ee T&s FE Alan F Mar. & Cin Aim Bell Tel Erie Tel Franklin Osceola G . Minn St. Ene Miss Pac At&sf M. & Lssex Nash Chat Eeeeveervetere Aly N. J. Cen N. & W. Pref B& Q Eevee Bso Lr&fis New York & New B N. Y. Cen N.Y. C St Leons N.Y N. E Or. Naveree Sey Or. Trans Panama Sai Am Bell Telephone New England Telephone Pittsburg Reading Aspinwall Land Dan Isis Brookline Land Kh. & W. Eeeere Osnere Roch. & P San Diego Land St. L. Rock Iisland Eeteor Boston Water Power Ene A T&s St Paul Sila Atlantic & Pacific Isles Des Ae Les Fastern Railroad St. Paul, M. & API & i Rite Go Mexican Central Ati Eter Tex. Ac Lihivawan Wab. Pac Itis New Eng Atch, To &Sfpe Atlantic , Pacific I . Ae Central of Mass Agia Con Eeeree Ss.corees Cleveland & Canton Chic Barl & North Burl & Quincey East Ilinois Ene No. W GO Cen.Pac. Ste Chicago & West Mich D.& RG St. L San & Cleveland St. P New England Hal Hay Kan Pac Pex L.G Tex. Pac Wisconsin Central Pace Allouez Bonanza Calumet & Heela Adams Wells Fargo Huron Ermee Ene Cal Belle Isle Ontario Cal&via Homestake Plymouth Wilson W. Fay & Co State Street Crescent Bae Eh Ae Gray's Dynamo Mesnard Lord Acoustic Stormont Basset, Whitney & Co Devonshire Street Nassau St Phila Delphia City OF Blake Brothers & Co Boston Stock Exchange J. R& Ft A. T&sf Suston & Albany NY &Neb Sp & M So Kan Lamson SS LA New Eng Cale Fsg Bossc Cwiewenscene Bae Eseeseere Boylston Stud Boston WP Seenane Foreign Financial Markets NEW York Financial Railroad Matters Fect Air Line
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