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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 15, 1889

Page

6

Money Market and Clearing House Highlights of Boston

The Money Market notes a soft week with clearing house rate slipping to 2 percent, time loans 4 to 6 percent, call loans 8 to 9 percent, and country banks discounting good mercantile paper. New York funds traded 12 to 16 cents discount per $1000, with weekly clearing exchanges around $102.1 million and balances $13.3 million. Boston stock and bond data show Atchison advances, Mexican Central sale progress, and diverse gains in western mining and telegraph stocks amid a broad market recap.

Boston Ow York Messrs. Spitzer & Co Cambridge Messrs. Potter, Lovell & Co New York Clearing House York Cievnese Secveesses Jladelphia Chicago T. Lows Resereeseeers San Francisco Pittsburg Cincinnati Montreal P.Q Saleh Halifax N.S Stock Exchange New York City Atchison Trust New York Boston Stock Exchange TASD Nyan California Southern Wisconsin Central Mexican Central Mexican Central Railway Company Tampico Boston News Bureau Boston & Maine Road Boston & Maine New Hampshire West End Land Anniston Frenchman’s Bay Aspinwall Land Company Mexican Telephone Guiraud The Mexican Telephone Company Boston & Montana Mining Boston & Montana New York Commercial Bulletin Haggin-Kaiser Europe August Belmont & Co Krench Syndicate Lead Frank Savin Dominick & Dickerman Deacon White

Dividends Declared By First National Bank of Concord

Dividend notice from First National Bank of Concord New Hampshire announces semi annual 6 percent payout to shareholders. The terse item confirms the bank’s cash distribution schedule and rate for this period.

First National Bank of Concord N. H

Atkinson House Furnishing Company Declares Fourth 5 Percent Dividend

The Portland Evening Advertiser notes that the Atkinson House Furnishing Company paid its fourth semi annual dividend of five percent today. The article praises the management for driving growth and increasing stock appeal in Maine investors and customers.

Portland Evening Advertiser Atkinson House Maine

San Francisco Mining Stocks Close Prices July Thirteenth

The official closing prices of mining stocks in San Francisco on July 13 list Asincia Best & Weicher Bodie Con Cal Crown Point Commonwealth Gould & Curry Hale & Norcross Mexican Ophir and Sierra Nevada among others with prices seen near 1.25 3.00 2.00 and 2000.00 units respectively. Union Con is mentioned in the roll but not fully detailed.

San Francisco Cal Best &Weicher Bodie Crown Point Commonwealth Gould & Curry Hale & Norcross Ophir Cs .C.cces Poloss Bavargs Sierra Nevada Union Con

New York Stocks Recover Amid Modest Trading After Fear

New York financial markets show easy money and steady rates with no loans and 2 percent on call. Prime mercantile paper in moderate demand, bar silver at 92, sterling steady with 4.86 to 4.88, government and railroad bonds dull and steady, stocks active and firm after opening. Trusts attacked by short sales but no large volumes traded, as lead and Chicago Gas move with fluctuating prices and a general list rise following early weakness.

New York Prime Mercantile Sterling Exchange Chicago

Market on the Rise With Grangers Leading Gains

The list advanced about 1 percent with grangers prominent in the move as London buyers and top dealers supported the rise while insiders backed trusts. The market closed quiet but firm with few quotation changes. notable gains included Hocking Valley 5s to 70 and Union Pacific 6s to 120, Kansas & Texas 5s slipping to 57. Weekly bond sales totaled 5.894 million.

London Hocking Valley East Tennessee Equipment Union Pacific Toledo Ann Arbor Cadillac Kansas & Texas

London Market Notes on Stocks and Bullion Withdrawals

Foreign financial news from July 13 reports Atlantic and Great Western firsts at 30 percent, Canadian Pacific 57, Erie 2654, Erie seconds 104, Illinois Central 117, Mexican ordinary 65 4, St Paul common 69, New York Central 109, Pennsylvania 62 4, Reading 235 percent. Money 1 percent, discount rates for short and three months bills at 1 1/2 percent. Bank of England bullion withdrawn today totaling £86,000. Paris advices quote 3 percent rentes at 83 1.20 for the account.

New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah United States Reichsmarks Sigat Boston Canada Caton Philadelphia Baltimore Pittsburg Cincinnati Kansas City Louisville Providence Milwaukee Minneapolis St. Pauul Omaha Detroit Denver Cleveland Columbus Hartford Richmond Memphis Indianapolis Joseph Yortland Fort Worth Wyallas New Haven Springfield Orcester Galveston Norfolk Wichita Syracuse Grand Rapids Topeka Buffalo Birmingham Sete Acre Fioux City Vacona Des Moines Oleare Montreal Can Mreieh Halifax N.S N.Y Boston Stock Exchange Edison Phon Toy Eeeereeere Thom-Honst LE Cos Wevessewne Ted Dail Allonez Arnold Een Beerare Atlantic Bonanza Devel’t Mont Buite Cal Hecla Catalpa Franklin Ironton Kearsarge Santa Fe Tamarack Land Companies Aspinwall Boothbay Boston W.P Boylston Street Brookline Ivy E Campobello Aeae French Bay Maverick Sneer Newport Payson Penobscot San Diego Oe Sullivan West End Winthrop Wollaston Atchison Hac Tsi Th B L. G Luz Do Inc Oo Chi. Kan, & W Do Ince Ewe Ee K. C Ft. 8 Central Con Do Inc Ake Arate S. P N.E Yds Do P. O'D Oregon Pueb. & A. V Rutland Aeoe Kan Sonora Union Pacific Sied Do S. F Wis. Cen Atch Top. & SF Atlantic & Pacife Boston & Albany Boston & Lowell Boston & Maine Boston & Prov Central of Mass Seeetee Cleve Canton Lg Col. Sp. & Cin Fitchburg Flint & P. M. Com Gulf K.C Cl. & Sp K.C., Sp BO K CM B. Wee P. S L.E Stl Ccecseesees Union Achhc Cesses Iiubee Bee Wisconsin Central Bell Eastman Car Heater Lamson Store Ser. Co Pullman Palace Car Co Cotton Oil Trust Pneumatic Tool Co Burton Stock Car Co Do Pref Chi, Boston & Liverpool Co Phonograph Toy Mfe Illinois Steel Co Lynn & Boston Railroad Lynn Gas & Electricity Loans Mt. Desert & East Shore Malden Electric Co New York Despatch Co North Chi, Rolling Mills National Lead Trust Sugar Refineries Co Ite Thomson-Houston Elec LOY Do Do ‘Trust Thomson Elec. Welding Orn Wan Westinghouse Elee. Co Be Winnishamet CO S.e.eeee At. & Pacific Gsee Air L Roc & Ertee Can. Pacific Can. So Central Iowa Central Pacific Ches Ohio St. Lo & Pen He & Eae Sane Cley Aide del. & L Ft. W East Tenn Erie Fort Pref Kings Pem Cees Lake Shore Louis Mem Ch Wear L. S Weess St. Beans Pacife O & OhIo O & Essex Nash, & Chat Nor Pacific Northwest N. Y BOS Ohio & Mis West D& E Ittsburg Atsg Rich, & al Ivo W.P Seeenee Fale Pref Rome W. DW St. L&s. RE Ape St. Paul St. P.M Texas Pacific O. C. Rei U. Pacific Utica Land and Miscellaneous Companies Oregon SM Eaceveee Pacific Mail Pollman Pal W. Union Pal Gas Trust Tenn. C. & I Eeee Coor Sugar Trust N.W. Deb Bee Lal D.& KR. G. Ists St L St'l. As. F Ge Wlewee St. BP. C.e i Kan Mme & I Tex Tex. P N.P UW. Pac N. W W. Shore Cess Horn Alta Beleher Jest & Belcher N. Neen Belle Isle Col Ontario Con. C.& Va Cristo, Ly Nevada Hlare & Nor Hock London Great Western Canadian Pacific Illinois Central New York Central Pennsylvania Bank of England Paris

Massachusetts Horticultural Society Exhibit Awards Recap

The exhibition on Saturday awarded prizes across fruits vegetables and flowers. Winners include William Doran & Son for raspberries and currants, B G Smith and C E Grant for various raspberry currants and varieties, with awards also to J H Woodford M W Chadbourne and others for peas corn beans tomatoes and flowers.

Massachusetts Horticultural Society William Doran & Son C. E. Grant B. G. Smith McIntosh Jana J. H. Woodford Joseph S. Chase E. M. Gill N. Brackett Warren Heustis & Son Isaac E. Coburn C. N. Brackett C. H. Brackett Crosby Caleb Bates Corey J. Brackett Champion M. W. Chad J. H. White W. C. Strong Japan W. E. Coburn

The Great Overtpoor Spectacle The Apaches at Point of Pines

The Apaches thrill nightly audiences at Point of Pines with beautiful scenery trained horses and exciting incidents. Centrework effects add to the spectacle and keep the crowd engaged.

Fitchburg Hangs $221552 Over Troy & Boston Railheads

Rail news notes 1522 miles of new track laid in 31 states and territories in six months of 1889. Among the findings are shifts toward many short branch lines and independent road builds. In Troy New York Fitchburg trustees warned Troy & Boston of auction sale if $221,552 is not paid by Sept 16 1889. Union Pacific threatens secession over rule conflicts at a Missouri division meeting.

Fitchburg Troy Boston Railway Age of Chicago Mowg.escecses Michigan New York Indiana New Jersey Illinois Pennsylvania Minnesota Maryland Kansas West Virginia Missouri Virginia North Carolina Texas Georgia Colorado Montana California Mississippi Idaho Aay Lewisland Ccce Oregon Ecare Tennessee Washington Kentucky Ohio N. Y Troy & Boston Railroad Phillips Fitchburg Road Troy & Boston Lroy & Boston Curiaco, Ll Interstate Commerce Railway Association Trans- Missouri Far West Mellen Union Pacific Denver & Rio Grande Rocky Mountains Rockies Adams

Large Back Bay Land Sold for Over Forty Thousand Dollars Per Acre

A 80 000 square foot tract on what will be Bay State road near Beacon Street was sold from Boston & Roxbury Mill Corp to Chadwick and Stillings for about 400 000 dollars. The buyers plan eight new houses immediately with potential for twenty five on the fronting lot and intend innovative construction unseen in the area.

Back Bay Bay State Road Beacon Street Charles Gate West Cottage Farm Station Boston & Roxbury Mill Corporation Messrs Brice S. Evans & Son Messrs. Chadwick & Stillings Sonone, Chadwick & Stillings

Embezzling Treasurer Dall Slashes Funds Causes Suicide Attempt

The Scandinavian Choral Society of Boston was shaken when treasurer John B. Dall reportedly tried to kill himself after embezzling 300 dollars. He took cyanide at his home on Pleasant Street but survived after an emetic. The society, saying it will not prosecute, rallied funds for the delegation to Chicago as the train departed Fitchburg station.

Boston John 8. Dall Scandinavian Choral Society Fitchburg Chicago Dall Pleasant Street

Partridge tennis finals and college rowing plans

The Partridge tennis tournament at Wellesley closed with singles first prize to F. S. Manseld and second to F. H. Hovey, doubles first to Williston and Tallant, second to Hovey and Wildes. Consolation singles first went to Hugh Tallant and second to H. W. Forbes. consolation doubles first to Forbes brothers and second to Baldwin and Crompton. Harvard Hasty Pudding Club house to be replaced by rowing gym and tank. Longwood beat Western league eleven. Brockton games tied and Mys tics and home team tied on 63.

Wellesley F. S. Manseld F. H. Hovey Williston and Tallant Hovey Wildes Hugh Tallant H. W. Forbes Forbes Brothers Baldwin and Crompton Harvard College Longwood Brockton Brocktons Somervilles Chelsea Mystics

Drowning rescue at Commercial Point praised rescuer Daley

Miss Kate Kenny of Woburn nearly drowned at Commercial Point on Saturday but was saved by Nellie Daley who runs the bathing houses there. This marks the fifth life saved by Miss Daley, whose quick swim brought Kenny to shore.

Commercial Point Dorchester Kate Kenny Woburn Nellie Daley Miss Daley

Valuable Pair of Horses Poisoned in Hanover Stable

A valuable pair of horses owned by B. F. Pierce were poisoned when someone broke into the stable last night and mixed green feed with their meals. Both horses died today, prompting an investigation into the act of poisoning.

Hanover N. H B. F. Pierce

Interstate Committee Session In Chicago City

The interstate commerce committee of the United States Senate met in Chicago yesterday. Senators Cullom Hiscock Harris and Reagan attended. The panel expects to close labors here after Monday. Witnesses included George Reed traffic manager of the Grand Trunk and Hannaford traffic manager of the Northern Pacific.

Chicago Curcaco Committee On Interstate Commerce United States Senate Cullom Illinois Hiscock New York Harris Tennessee Reagan Texas George Reedu Hannaford

Commercial Matters In Markets Report

Flour is firm and corn is easy while oats are dull. Rye flour and Graham flour are quiet or slow. Cornmeal and beans are firm, potatoes steady, poultry in good demand, apples and berries in good or fair demand. Oranges firm, lemons steady, bananas active, pork firm, fresh beef firm, mutton quiet, lambs fair, veals unchanged, tallow and sugars fairly firm, molasses strong. California fruits steady.

California

Print Cloth Market Slips in Fall River and Providence

Fall River reports weekly print cloth business with production 175000 pieces and deliveries 170000, stock 83000, sales 29000, futures 9000 at 315-16c for 64x64s and 342¢ for 60x56s. Providence notes moderate activity, demand light, 64 squares spots at 4c to 3 15-16c, 64x648 August and September 3 16-16¢e. Stock held by manufacturers totals 109000 pieces 648 and 2000 pieces 50x603.

Fall River American Printing Company Providence

Wool sales dull as many bales offered in London auctions

London wool sales showed weak prices with little demand for lower qualities. Total 805 bales offered, heavy New Zealand presence and firm prices on certain lots. Victorian and NSW lots ranged from scoured to greasy, with varied d values. Cape and Natal offerings also noted.

London New Zealand Victoria New South Wales Queensland South Australia Cape of Good Hope Natal

Wheat Market Extends Decline Amid Strong Opening

The Option Markets reports Chicago activity with wheat opening strong then selling off as buyers lost steam. December trades 77% 78c. July ignores. Receipts rise, cash wheat weaker in St Louis and Chicago. Bears face pressure from Monday’s receipts. shorts cover in pork and lard. Provisions dull but steady. futures hint at short-term strength only.

Chicago Farnum, Reardon & Co Boston Hutchinson St Louis Yo Gilman, Cheney & Co Baltimore Minneapolis

Sugar and spice market notes from the grocery trade

Unsettled sugar markets respond to London news with cautious demand. refined and raw prices hold steady though trading stalls. Molasses and coffee show firmer tones as Brazilian and Rio inventories shift. pepper and spices notice improved inquiry with limited price changes. Tea, rice, and dried fruit markets report modest activity, with formosas and other teas offering lower inside prices amid steady outside quotes.

London Rio Rio Janeiro Brazil Singapore Zanzibar China Cassia San Francisco Japan New York Rangoon Java Apan Turkey California Naples

The Metal Trade Signals Possible Pig Iron Price Rise

The market for American pig iron remains strong with talk of another price advance soon. Industry chatter points to firm demand and mounting optimism about future levels.

Also Mentioned on This Page

Ant Triuvipal Western Farm Mortgage Trust Co F. B. Rogers Congress St Boston, Mass Or. R’y & Nav. Co. Con M’ge Congress Street Brokers’ Board T&s Ob NM &S P Og & L So Kan Anniston City Land Cal & Hecla A. T&s F Atlantic & Pacific Bys Flint & PM Itd K C Ny&ne Enews Wee Miscellaneous Stock Exchange Wilson W. Jay & Co State Street Edison Phonogroup! Toyss Cervveeseceus Thomson Internat Robinson-Foster Llec Wee Beacon Electric Enone NEW York Financial Foreign Financial Horticultural Society J. E. Carter & CO Bankers & Commission Washington ST Farmes Brig Seer Ener Northern Sullivan Consolidated Black Hills Gilbert E. Bailey Rapid City Lookout Geo. E. Yarrington Chester M. Sprague Dafne Castle Creek Pennington County Dakota Beaver Elgin Volunteer Almont Tariff Revenue Eclipse Hoosac Astor Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew Kansas New England Loan and Trust CO State St J. M. Atwood Pacific Malls Henry Saltonstall Kilby St John Jeffries & Sons Devonshire Street D. P. Ives & CO Waters Cottonwood Territory of Utah Thos. P. Boole & CO Fagrange St Wash. Loring
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