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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 30, 1888

Page

6

Money Market Quiet as Rates Stand Unchanged

The money market remains quiet and easy with Clear 4 0ase rates at 2.4 percent, unchanged from last year. Time loans range 4% to 6% while collateral loans on call run from 3 44 to 5% per month, and New York Clearing House balances show an easy 2 per cent.

New York M ‘le New York Clearing House Glearings Eek Fc Iveek Ances Reek Fc Hie Dan Peoria Indianalis Detroit Denver Lowell Louisville Wichita Baltimore Galveston Cleveland Worcester Memphis Boston St. Paul Duluth

Regional Rail Dividend Declarations and Cash Closings

The New York, Providence and Boston Railroad declares a quarterly dividend of 24 cents per share payable February 10. The New York and Perry Coal and Iron Company declares a quarterly dividend of 1 percent payable February 10. Books close January 30 and reopen February 1. The South Boston Gas Light Company declares a semiannual dividend of 4 percent.

New York, Providence & Boston Railroad Company New York & Perry Coal and Iron Company South Boston Gas Light Company

Mortgage statements offered in New York Boston Chicago and London

The undersigned confirm the statements after expert examination and offer the issue simultaneously in New York Boston Chicago and London. Copies of the mortgage and supporting documents are open for inspection at our respective offices.

New York Boston Chicago London

Railroad Gauge Change and Stock Conversions Realign Finances

The report notes an estimated value of 1.5 million for converted preferred stock and a road actual cost of 7.2 million plus proceeds from new issue. Ten months revenue ended November 1, 1887 totaled 311,479 with operating expenses 221,487, including 22,500 for gauge change prep, yielding a net return around 11,100 monthly.

Change of gauge interchanges years of rail traffic gains

The article outlines extensive anticipated benefits from gauge change including yearly earnings from local business of 133000 and a prior 22500 plus about 150000 spent in three years on interchanges. It lists interchanges at Cleveland, Kent, Canton, Navarre, Coshocton, and Zanesville linking many railroads, with bonds to be listed on major exchanges and daily updated quotations from Boston exchanges.

Cleveland NEW York, Chicago & ST. Louis NEW York, Pennsylvania & Onto Cleveland & Pittsburg Lake Shore & Michigan Southern Kent York, Pennsylvania & Ohio Railroad Pittsburg & Western Railroad Canton Prrrseune, Fort Wayne & Chicago Navarre Ceeveran Lorain & Wheeling Wheeling & Lake Erle Coshocton IHE Coshocton & Southern Zanesville ZEUS Baltimore & Ohio System

Financial markets report United States bonds and London prices

London trading shows US 4s at 129½ and 4¼s at 110½, Atlantic & Great Western bonds quoted, Canadian Pacific at 60, Erie at 29¾, Illinois Central 123, St Paul 118¾, New York Central 111, Pennsylvania 66½, and Reading 33. Money rate 2% set. bullion withdrawn £37,000. discount steady at 1 1/2 to 2 per cent. New York stock sales total 127,472 shares with bonds and rails showing mixed moves amid cautious optimism from cable quotes.

Clearing House New York Boston Wichita St. Paul Kansas City Arnnibe Newark Lincoln National Bank Shoe and Leather National Bank Merchants’ National Bank Eagle National Bank Blackstone National Bank National Bank of North America Old Lowell National Bank Pemigewasset National Bank N.H Cambridgeport Old Colony BR Erie Telephone & Teie Boston Tow Boat Co Charlestown Gaslight Co Cincinnati Atch Mt. Wollaston Natl. Bank Quincy Eagie National Bank Everett Mills Ee S Amoskeag Mig. Co Dwight Mills Gee Ieeees Boott Boston & Providence RR Portland, Saco & Portsmouth United States Hotel IF. & M. Ins. Co Pepperell Mig. Co Cocheco Mig. Co Otis Manufacturing Co BO Cordis Mills Lyman Mills Androscoggin Mills Great Falls Mtg. Co N. H Peppereil Bh CO Lancaster Mills Hamilton Woollen Mills Old Peeree? Railroad C.esess Ave Peas Cesseus Nashua & Lowell RR Worcester, Nashua & Roch. RR London United States Atlantic & Great Western Canadian Pacific Erie Linois Central St.Paul Common New York Central Pennsylvania Reading Bank of England Stock Exchange Abe Pacific Air L. Pref Eevee R. B C. R Pacific Central Iowa Central Pac Ches Ohio Sea Chi Alton St. L Etc Cin. H. & de Ikciences Cleve Eee Boion Col del. & L Den R. Ge Fort Wayne Hlousten & Vexas Sees Ls Kan & Tex Shore Long Island Lou N.A Man Beach Central Wii T. L Bho M. & Essex Seee Nash Chat Ae NJ N.& W. Pret Pace Noes Pac Sash Am N.Y N.E West Oregon Pittsburg Rome Roch Bites Rene Twee Serene

New York Financial Markets Close Mixed After London Selling

Money on call easy at 3 percent with last loan 3. Prime mercantile paper at 5 to 7 percent. Sterling dull. Government bonds steady to firm. railroad bonds active. Stock market unsettled early on Reading and Erie sales by London, later aided by buying of Lackawanna Missouri Pacific and Northwest for a sharp advance. Bank reserves rose by 2.34 million boosting sentiment. Closing figures irregular with Jersey Central con sols up to 117 1 2, Kansas Texas 5s at 61 1 2, Northern Pacific trust receipts at 79 1 2, Shenandoah Valley receipts at 36 1 4. Lower marks included Burlington Cedar Rapids firsts down 1 2 to 16, Long Dock down 1 1 2 to 111.

Messrs. Cordley & Co Union Pacific Chicago Burlington & Quincy Wabash Missouri Pacific Atchison Manitoba Atchison Company Rock Island Wall Street Perkins Chicago, Burlington & Quincy Fort Madison Wall Street News Denver Cheyenne Southwestern Division Chicago, Burlington & Northern West End Railway California Southern California Government Southern Pacific Company Kansas City Memphis Birmingham Fort Scott & Gulf Springfield Clinton New York Prime Mercantile Paper Barsilver Sterling Exchange Reading Erie Lackawanna Northwest Burlington & Quincy Nebraska Jersey Central Kansas & Texas Northern Pacific Trust Shenandoah Valley General Trust Burlington Cedar Raids Northern Firsts Long Dock Walat

Temperance meeting draws large crowd at People's Church

The Silver Lake male quartet headlined a temperance event at People's Church led by Mr. J. H. Roberts. Rev. C. H. Mead and Rev. J. D. Tucker spoke on intemperance as a foe and its ties to religious and political questions. Father Hutchinson praised the quartet before singing and the gathering adjourned.

Silver Lake People’s Church J. H. Roberts Hutchinson C. H. Mead J. D. Tucker Jesus Christ John W. Hutchinson Father Hutchinson

Recent Customs Decisions Highlight Dutiable Imports

Treasury Department rulings this week classify several items as dutiable. Oil of geranium falls under essential oils at 25 percent ad valorem. Iron wire bottle coverings incur schedule C duties plus 2 cents per pound. Mechanical trumpeters priced as toys face 35 percent ad valorem. Bent steel bars used as steel angles are taxed at 11.4 cents per pound. Revalenta Arabica food for invalids and infants is listed as a proprietary preparation at 50 percent ad valorem.

Treasury Department T. L Andes du Barry

Columbus Avenue Church Reopens After Remodeling

The Columbus Avenue Universalist Church reopened crowded with sister churches offering congratulations. The remodeled edifice features frescoes and two central chandeliers, improving acoustics so whispers carry throughout. The evening include organ music, readings, prayers, and brief congratulatory addresses from Rev. J P Coddington and others.

Columbus Avenue J. P. Coddington J. Jd. Lewis Miner J. M. Pullman Charles Follen Lee Charlestown George Lander Perin C. W. Biddle D.D

Garden vegetables discussed at Horticultural Society meeting

Mr M B Faxon spoke on land preparation and vegetables suited to the growing season from early spring to late fall. A discussion followed with W D Philbrick S A Hall W W Rawson George A Tapley Mrs H L T Walcott and Prof J J H Gregory taking part. William Endicott highlighted a new French tuber strachys attinis exhibited on the library tables.

M. B. Faxon Horticultural Society W. D. Philbrick S. A. Hall W. W. Rawson George A. Tapley H. L. T. Walcott J. J. H. Gregory William Endicott

Boot and Shoe Buyers in Major Cities Listed

A tall list from Augusta to Washington names buyers and firms in the shoe trade. Notables include W J Rooney of W J Rooney & Co Craw Baltimore G W RK George Grattan Mitchell & Co Lobe Mabley & Carew and many others such as Weller Payne Hudson Clements Desnoyers Sho Company and Hahn & Co.

Augusta J Rooney W J Rooney & Co Craw Baltimore J, Falle; & Co Art Louis W Todd Woolman-Todd Boo and A' Shoe Company Rosa Louis C J Price J H Clements St Louis G W Brown Brown-Desnoyers' Sho Company

Also Mentioned on This Page

St. Is San Francisco New Orleans Savannah Charleston Messrs Rollins Morse & Bro Drexel, Morgan & Co Loring ‘ Riwold West Randolph A. Kenn i, Co N. Y Franklin $A Sings Bank Tou Adama Ko Igett & Co RR. L. Day & Co Franklin Sevings Institution Greenfield Woodbwy & Moulton Ear Iseraaid Geo. Berna - Co Blake Bos, & Co Brewster Jobb Scvsveces Chase & Barstow E. Rollins Morse & Bro Reichsmarks Wek Treasury Yark City le Vpes Mobo Boston Post Piaese Wisconsin Central Wisconsin Central Associated Summit Branch Company Philadelphia Boston & Lowell New Hampshire Iowell Concord Boston & Maine New England Boston & Providence Old Colony Kansas & Western Atlantic & Pacific Chicago, Burlington & Quincy Plains New York Commercial Bulletin San Diego Frenchman’s Bay Wollaston Lamb West End Newport Bell Telephone St. Clair & Sinalae Telephone Company Bell Company St. Clair Company Bell Instruments Erie Telephone Charles Glidden O Cordley & Co Erie Telephone Company Lamoine & Mt. Desert Land Company John C. Winterbotham Hermann Grundell San Francis Nvapolis Easton Side N. York St. Louis N.o''ns Pittsb'rg Omaha Milne’s Hartt Norfolk D. Jslass St. JO Devonshire Street Appomattox Go Petersburg Upper Appomattox Co Massachusetts Bankers Congress Street Messrs, Winslow, Lanier & Co., Messrs, Spencer, Trask & CO City of Rans C. H. Venner & Co Irving A. Evans & Co STATE Boston, Mass Coffin & Stanton K Wald ST Municipal Investment Co First National Bank Building Chicago, Ill Gresham House London, E Sherodsville Charce F.H. Prince & CO State St Williams & CO Boston Stock Exchange O Metropolitan National Bank Atlas National Bank Brokers Con Vts American Bell Tel French Bay Cal & Hec Dunkin Franklin Tamarack T&s Fs&g M& B Sp & M Ives Y&ne M. A KR & W M& Bis Ny&ne Pueb & Ark Erie Tel Lamson Am Bell E Tamarack B& le A&p Fitchbur KC M& B Bonanza Development Boston & Montana Calumet & Hecla Lonton Osceola Aspinwall Eenee Brookline Frenchman's Bay Eerie U SL Ee Atlantic & Pac Ee Atlantic & Pac, Inc Cal Kan West. Inc K. C Ft. Scott & Gulf L. Rock & Ft. Smith Central Inc Scrip N. E. Ga LILY Og. & U, Champlain Pueb. & Ark Sonora Southern Kansas Southern Top Santa Fe Boston & Albany Eae Chi, Burl Dé Northern GOL, Chi, Burl. & Quincy Central of Mass Cin Lund, & Cleveland Cleveland & Canton Eastern Fitchburg Flint & Vere Marquette Flint & Pere Marq K. City Scott & Gulf Clint. &S My K. City Spring. & M Maine Am. Bell Telephone New Eng Éeoe Soi Amson Store Nerv. Co Liu Palace Car Wilson W. Fay & Co State Street Burton Ceeereens Eastman Elec Manfy Eseaceees Baghtey Sobek Aman Svasnens BOD Oden Oer Ela Foreign Financial Markets Yosuerumy Can. So Cen. P BR. G G. W. Truss T. G M. M Ean M. Union N.J.C N. P LOBY O. & Trans N. W 8. F. Si Micsvins St. P P. & C. Sata P. L.G UY. Pec Tex. P. R G. Ty IU. Pac. Ists W. Shore Est. Inc Ant Aig Bot Sei Toledo 0.C U. Pacific Bova Utica & B. One Ene Sewer Etree Aece Weiss Pacific Mail Ewer Ewe Pullman Pal W Union Enve Tis American Oil Adams U. S American Wells Fargo Amador Horn Silver Best & B Bodie Brunswick Ontario Sebastian Con Santiago Crown Point S. Nevada Housatonic Railroad Housatonic RR Connecticut Rairoad NEW York Financial Temperance Services Silver Lake Quartet Boot and Shoe Buyers
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