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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 17, 1888

Page

6

Boston Money Market Mixed With Influx From New York

The Boston money market eased to 8 percent on the day with general rates from 4 to 6 percent. Inflows from New York supported terms, loans on call secured by collateral eased to 3 to 4 percent, and clearinghouse balances showed a gain in reserve. Bond offerings and foreign exchange rates were reported, along with a broad view of the local stock market and several railroad and industrial names advancing during the session.

Auctions of Stocks and Bonds on Wednesday July 18 1888

A schedule lists numerous stocks and bonds to be sold by auction on Wednesday July 18 1888. holdings include railroad, bank, real estate, gas light, and manufacturing securities from Lowell Boston New England firms, with dates and coupon references. The notice appears to be under executive order for executor or trustee, specifying various bank and rail line issues and collateral items. Some entries note by order of executor or trustee and others as collateral.

Natl. Bank Lowell Mass Prescott Natl Bank Stony Brook RR Vt. & Mass. RR American Waltham Watch Co Manut Holliston Natl Bank Holliston Newton N. Bank Newton Lowell Mfg. Co Metropolitan St. Ry. Co Kansas City Det Lansing & Northern RR Sugar Refineries Co Mt. Desert Penobscot Bay Central Car Co Conn Boston Gas Light Co Yortsmouth Great Falls & Conway RR Kooo Lynn & Boston H. KR Merrimac Co N. H

Dividends Declared by Multiple Companies

The American Bell Telephone Company declares a $6 per share extra dividend. Kirst National Bank of Yarmouthport Massachusetts announces a 3 percent semi annual dividend. Robeson Mill Company of Fall River declares a 142 percent quarterly dividend. Lehigh Valley Railroad declares a 144 percent quarterly dividend. Atlantic and Central copper mining firms will pay $150 per share on August 1 to stockholders of record August 30.

Chicago, Kansas & Western Consolidated Vermont Chicago, Burlington & Northern Rutland Boston & Lowell Housatonic Memphis Fitchburg Central Massachusetts Old Colony West End Street Railway Northern New Hampshire Boston & Albany Bell Telephone New England Lamson Richardson, Hill Co, and Bangs Kidder National Osceola James Lewis & Son England France Allouez Copper Company Dollar Bay Tamarack-Osceola Kearsarge Portage Lake Mining Gazette Tamarack Junior Tamarack Tamarack-Osceola Copper Manufactures Company Calumet Black Hills American Bell Telephone Company Kirst National Bank Yarmouthport Mass Robeson Mill Company Fall River Lehigh Valley Railroad Company Atlantic and Central Copper Mining

Boston & Lowell Lease Terms Include Bond Interest and Dividends

The Boston & Maine Railroad agrees under the lease to pay interest on all bonds of the Boston & Lowell and dividends on stock at 7 percent for ten years and 8 percent thereafter until 1956, totaling $800,000 in Boston and Lowell matters.

The Boston & Maine Railroad Boston & Lowell

Market Summary from New York on July 16

Money on call ease 1 to 14 with last loan at 1 and closing at 1. Mercantile paper 4 6. Bar silver 92. Sterling steady with 60 day bills at 4.8634 and demand 4.88. Government bonds dull, railroad bonds quiet but strong. Stocks weak at close after early gains. St. Paul and New England fell about 1 percent. Southern stocks showed strength amid broad declines. late session weakness erased earlier gains. Trading volume $1,772,000 with notable issues including Texas Pacific firsts 123k and St. Louis Arkansas & Texas seconds 110k. Various bond movements and debentures listed with mixed gains and losses.

Boston New York Chicago St. Louis San Neisco Telegraph New Orleans Bank Charleston Savannah Cleveland United States National Bank Reichsmarks Atchison Burlington & Quincy Union Pacific Chicago, Burlington & Northern Wisconsin Central Common California Southern Cleveland & Canton Flint & Pere Marquette Pullman’s Palace Oregon Improvement Cincinnati, Sandusky & Cleveland Indiana, Bloomington & Western Cincinnati, On & Cleveland Sandusky Columbus Springfield & Cincinnati Springfield Road Presient J Farlow West Thayer-Merriam Kansas City Fort Scott Memphis Prime Mercantile Sterling Exchange St. Paul New England Texas Pacific Arkansas & Texas Nebraska Canada Southern Seconds Northwestern Hocking Valley Gulf, Colorado & Santa Fe Michigan Central Ohio & Mississippi An Mutual Union Northern Illinois Omaha International Kansas &Texas

Market quotes and bullion balances in London and Paris

London and Paris market notes show Atlantic and Western firsts at 3734, Canadian Pacific 59, Erie 26 1/4, Illinois Central 121, St Paul common 72 1/2, New York Central 109 3/4, Reading 31 3/4, Mexican Central firsts 69%, with open market discount at 1 percent for short bills and 1 3/4 percent for three months. Paris advices quote 3 percent sone at 83 francs 42 centimes and Bank of England bullion balance today at £66,000.

M. & Essex Ives Nash Chat N. J. Cent Northwestern N. Y Vales T N.Y N. Bs Ohio & Miss West Oregon D. Y Pittsburg Eeener Crue St. Paul St. Prer Nuns ‘Pacific Tol. & D. C. Pref Pacific Va Wes & Bree A & P Nise Die Nee Ob Ek E Oregon Sm Pacific Mail Pullman Pal TA W. Union American Oil Can N.W Iain Alc O. Nav D.& RG Ésere St. Ae D Eeese Ath Isis St. P Erie G. Mut J. C. Int Texas A N. Pac Ic. Pac. Isis W. Shore Express Oo Anies Adams Sevsate American Wells’ Fargo Amador N. Belle Isle Barcelona Ontario Ome Belcher Opal Seereer Plymouth Blaest & Belea Pronstite Wicksilver Jlo Cal V. Sone Gs Savage Cristo Nevada Gould & Cur Lie Hale & Nor Sutter Creek Penn Boston Stock Exchange Bales Allonez Athantic Bonanza Eeneer Catalpa Franklin Huron National Osceola Vewabie Quincy Fe Rudge Tamarack Land Companies Aldinwal Boothbay Boston Boston Water Frenchman’s Bay Penobscot San Diego Sullivan Topeka West End Winthrop Saeee Wollaston Atchison At. & Pac Lolo Kan D.D Ilv Coubon Fre Elk H K.C K. G K. C L. RB St. L Eee Oene Sage Pac Do P. D.O Oregon S. L Ing Rutland Peewee Southern Kan At. & Pacific Union Pacific Canton Do Inc Central Pac Chi. & Alton Atlantic & Pacific St. L. & Powe Boston & Albany Boston & Lowell Poston du Maine Poston & Providence Central of Mass Kh. G Uw M East ‘Tenn Eee Ose Gol, Cleve Gboo Fort Waynesas Col. Sp Lin Ft. W Reeteeereseers Loeking Val Houst Texas Central Iburg Flint & BP M.com Kan, & Tex Cape DB Ly Ft. 8 Gulf K. Ci Lake Sho Long Island KC. M.&b Lou Aeee Bois N. J Man, Meadh Lay Maine Central London Canadian Pacific St Paul Paris Frances Bank of England Aris Advices France

Colored settlers head to Dakota seeking homes and opportunity

Mr. C. R. Beal of Everett Mass reports southeastern Dakota as well settled with thrifty farmers, churches, and schools. He praises wheat and corn crops, notes strong stock-raising, and identifies Clark county as ideal for homes. He cites wealthy Black Americans like Charles W. Mason and J. P. Montgomery as proof of success in the Northwest.

Dakota C. R. Beal Everett Mass Middle States South Dakota West North Clark County Chicago & Northwestern Territory New Northwest New West Charles W. Mason Minnesota Northwest J. P. Montgomery Fargo Cak Cass County

Charlestown District Adopts Chemical No 9 In Place Of Hose 1

The board of fire commissioners established chemical No 9 in Charlestown replacing hose No 1. The chemical engine will occupy Hose 1’s house and driver D K Wheelock will head the chemical unit. Several transfers follow including Toomey to Chemical 9 and others to Engine 32 Ladder 9 and Hose 3.

Board of Fire Commissioners Charlestown D. K. Wheelock W. J. Toomey Chemical 9 J.H. Wright E. Goodwin G. J. Moore J. H. Wheelock R. J. Restarick J. H. Fuller

Trading House Partners Across Cities Listed

A ledger of names and firms across multiple cities shows professionals from Baltimore Chicago Cincinnati Columbus Louisville Nashville Omaha Philadelphia Peoria and more. The entries include W R George G W R George Ad Riley Stone Goff Co Koehn Bros Ehrlich & Sons Spear Daum Runkel Vogel Gay Lazarus Watkins Spencer Gimbel Trevy Morse Lippincott Downing Thielbar May Chase Atwood Williams Co. This compilation outlines affiliations with various companies and regional offices.

Chicago A Smith P Gore P Gore & Co Beach Columbia E Ehrlich M Ehrlich & Sons Cincinnati Ed Spear John Shilleto Company M Daum J Laws & Co L Runkel Waller, Sons & Co Clinton D F Gay Vogel & Gay U's Columbus A Rainsfelder F & R Lazarus & Co Madison Ind Stanton Milwaukee Wis A Gimbel Gimble Bros Nashville Leun M Trevy Trecy & Co Omaha Pulaski, Tenn I’ May J P May & Sons Craw Topeka Kan Chase Chase & Co Traverse City Mich C B Atwood The Hannah & Lay Mercantile Company Ain Washington Penn—Haill, Craw J A Williams J A Williams & Co

Commodity Market Roundup Quiet and Steady Across Goods

The market reports mixed activity with flour quiet, corn easy, oats steady, and cornmeal easier. Potatoes, pork, truck, and raw sugar show active or very firm movement, while fruits like oranges firm and lemons in fair demand. Several staples such as butter, eggs, lard, and beef remain firm or steady, with several grains and feeds unchanged or dull.

Chicago Markets Wheat Strength Amid Foreign Demand And Short Covering

Wheat surged with foreign buying and strong cables confirming a crop shortfall in France, while corn faded as short coverage accelerated. Oats stayed dull. hogs saw light trade with price ranges noted, and futures quotes extended across July to December contracts with mixed results.

Farnum, Reardon & Co Filiere Sean Faas Carne Ence

Boots and Shoes Market Shows Mixed Demand and Busy Factories

Buyers have increased post holiday but trade remains uneven with duplicate orders keeping factories busy. Northwest crop reports boost expected orders while demand for boots, brogans, plough shoes and tennis footwear remains strong. Women’s lines lag, but calf and sport shoes show solid activity as rubber trade stays firm. Stocks are low and jobbers seek replenishment.

London wool sales show firm prices and active bidding

July 16 London wool market reports continued good spirit with buyers active though more wool withdrawn. Prices firm with advances for good combing. only poor cross-breds weaker. Offered 12,404 bales, including Australasian and Cape of Good Hope and Natal. 18,000 bales withdrawn. 2500 bales available. Victoria 2200 bales scoured, various prices. New South Wales 200 bales scoured, prices listed. Queensland 400 bales scoured with price ranges.

London Australasian Cape of Good Hope Natal Victoria Sciils Syed New South Wales Queensland

Odd Commodity Prices From Colonial Trade Ledger

Fragmented OCR shows greasy locks and pieces with varied bales and prices across regions including South Australia Swan River New Zealand Cape Good Hope and Natal. Entries list bales scoured greasy locks and pieces with mixed denominations and occasional decimal-like annotations.

South Australia Swan River New Zealand Cape Good Hope Natal

Boston Market Report on Flour and Grain July 16 1888

The Boston market lists wheat, corn, oats, barley and rye stocks, with Chicago inventories and Boston elevator remains. Prices for flour range from fine to winter patents, with spot and export figures, while corn and oats markets show quiet, steady to easier tones across New York, Chicago, Detroit and Milwaukee metrics. Notable entities include Boston elevators, New York, Chicago, Detroit, Milwaukee and Minneapolis grain movements and price quotes.

Riz Chicago Bush Boston Ager Minnesota Michigan Canada Superior Canada New York St Louis Minneapolis Milwaukee Detroit Toledo Hoosac Boston & Albany White State Cameni Itve Sac Mali

Also Mentioned on This Page

Springfield Pone Ihiom Das We's Oregon Provement Company Grand Avenue Railroad of Quadalajara Wisconsin California Massachusetts Bigustetcor Blake Bial Gamay AT Missouri, Kansas and Texas Railway Co General Consolidated Mortgage United States Circuit Court Missouri Pacific Railway Company Missouri, Kansas and Texas Railway Company Edward Db. Adams Winslow, Lanier & Co Nassau St William L. Bull Edward Sweet & Co Broad St William Whitewright Union &Trust Company Broadway William Mertens I. von Hoffman & Co Wall St William E. Strong Work, Strong & Co Broadst Globe Investment Company Baulk Street Dakota Mortgage Loan Corporation Kansas OLD Colony R.R R. L. Day & CO State Street Williams & CO T&sf Memp Birm Ds Pee Quincy Suffolk Cordage Co de Nat Ae & St. Fe RR Little Rock & Fort Smith Atchison, Topeka & Santa Fe RR Boston Tow Boat Co Kalamazoo & South Haven RR Boston Water Power Co Alan City of Charlestowi M. L Worcester Gas Light Co Shoe and Leather N. Bask Adm Merchandise Natl. Bank Lyman Mills Appleton Co His Mtg. Co Fitchburg RR Cheshire RR Louis. Evans. & St. Louis Atchison, Op Santa Fe RR Wisconsin Cent Pacific Mills Oil Colony RR Lake Champlain RR Burl. & Quincy RR Mercantile Nat. Bk Salem Wirst Nat Metropolitan RR Thorndike Mt Shetucket Co Norwich Detroit, Lansing & No. RR Merrimack Haverhill New England Glass Co B. & Albany RR American Rapid Telegraph Florida So Little Rock Junction RR Pullman Palace Car Co Boylston Mutual Ins. Co. Scrip Boston Post Summit Branch Union Pacifics Eastman Carpeater Lamson Store Service CO Pullman Palace Car Sonora S.c Boston Land San Diego Eyes Harbor Land Mont Cal & Hec Napa Ee Osceola Aeee Tamarack BF Cleve S&c Ny&ne Orsh Ornare Union Pac Sane Ae B& M Chi Ae & W C&s Jbs So Kan Inc Eeesee We Ain Bell Tel Aspinwall Ates Sullivan Harbor Land Erereveee At & Pac B& Albany Cal South Este Weet Neveeevesss Ny&nj Ullnan Enens Eeettse Catulpa Wash Crescent Cusi Nee Aee Aim NEW York Financial San Francisco Ceeaa Ophir Seovneus Sierra Nevada Bakie's Union Con Con Wacsui Utah Crown Point Yellow Jacket Sould & Curr Commonwealth Hale & Norcross Nevada Queen Foreign Financial Market Fire Department Boot and Shoe Buyers Baltimore, Md George George & Ad Riley Inchamton Goff Stone, Goff & Co L Koehn Koehn Aoldsboro Sol Weil EH Weil & Bros P Moores P Moors & Son Louisville J Middleton Sharpe & Middleton D H Quast J H Quast & Co Lexington G Bk Spencer Watkins & Spencer Chicago Markets Warren JL. Knox Fruit and Produce Exchange Delaware P. and G. RR Delaware Railroad Easton Kirkwood Mt. Pleasant Middletown Townsend and & RE Green Spring Oak Grove Federalsburg Clayton Williamsburg Cheswold Dover Wyoming Linkwood Woodside Aireys Viola Weaseee Cambridge Kiton Harrington Eeener Farmington Houston Greenwood Milford Bridgeville Lincoln City Bnendale Seaford Stockley Q. A K.rr Vandyke Millsboro GPO Galt Dogsboro Millington Selbyville Showells Sadlersville Berl Esceve Uarelay Ronshire Price Qucponco Ashland Centreville Wesley Sina Sea Girdlettes Kenton Cosers Cere Hartly Cene Marydell Henderson Csolsboro Reeser R Ridgely Queen Anne Cordova London Wool Sales Boston Markets
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