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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 31, 1891

Page

6

Money and Stocks Markets Signal Sharp Rate Rise in Boston

Boston money rates jumped amid a perceived bank pool controlling funds. The Clearing House loans rose to 6 percent, with many at 5 or 6 percent, while New York funds faced demand and dwindling supply. Foreign exchange steadied, and stock markets faced broad declines with Atchison and other rails reporting mixed earnings for June and the year.

Atchison New York Providence Boston Meneday Exchange

Dividend Declarations From Railroads Mills And Co

The Cordis Mills, the Thorndike Co and the Boston Duck Co have declared dividends. Companies listed include Illinois Central RR, Canadian Pacific RR, Wheeling & Lake Erie RR, Boston & Maine Co, Procter & Gamble, Pullman Palace Car Co, and Massachusetts Cotton Mills with quarterly and semi annual payouts. Many entries show per share amounts and Aug 1 or Aug 15 payment dates.

Asnton Valve Co Bay State Trust Co Boston Fxrrule Aneace & Montana Minine Co Boston Laap Mero Co Bocurne Bowker Fertilizer Co Central Aaee & Pure Manggvette Great Norturey Houvano Trust Co Illinois Central RR Laconia CO Laxk Exrk & Western RR Lyman Mills Maixe Central RR Mass Cotton Mills Milwaukey Lake Sucre New Bevworb Coreen Co New Expuanp Telepone & Telegrape Co Ontario Silver Mixing Co Prpperell Mrg Co Proctor & Gamble Co Pullman’s Palace Car Co Quincy Mining Co Satem Gas Licat Somerville Elketaic Licat Co Starrorp Co Tamagack Mining Co Ornenera Expectric Co Ae & Onto Central Aston Corton Mrc Co Waukenhole Co Semmi-ann Wheeling & Lake Enis RR Cordis Mills Thorndike Co Boston Duck Co

New York Stock Market Ends Weak After Broad Declines

Money on call easy 17 to 24 percent with last loan at 2 and 2 closing. Sterling steady with bankers’ bills at 4.844 to 4.8624. Government bonds dull and steady. railroad bonds weak. Union Pacific and St Paul led losses with a late rally aborted. Burlington dragged others down. Evansville & Verre Haute and Denver & Rio Grande preferred fell. Market closed fairly active and heavy near day’s lows.

New York Prime Mercantile Sterling Exchange Union Pacific St. Paul St Paul Burlington Evansville Verre Haute Denver & Rio Grande Bears Chicago Gas St. Pauls

Stock Market Ends Weak Amid Broad Losses on Sluggish Demand

Many smaller stocks posted sizable losses with few heavy transactions. Evansville and Serre Haute, C., C., C. & St. Louis stood out in declines as rallies faded, leaving most names at or near day’s lows. Railroad bonds moved slightly higher in volume but kept a weak tone with Oregon Improvement fives slipping to 58, down 2 percent.

Evansville & Serre Haute C. & St. Lows Oregon

Totals for today show large volume and mixed stock moves

Total sales reached 240 100 shares with 1m com. arigon up 148 600 from yesterday and 157 600 from Tuesday. The list of principal stocks includes varied closing prices with highs and lows for the day such as Nav. 1ats 203 and P.G's 95 110. Mining stocks closing July 30 show gains for Homestake and Quicksilver while several others trade lower.

Com. Arigon Bowre Ist N. W P.G Los DC U. NeBe Cen P. Jats Fai C Ohio Owa Rees Kan. P St. P Mob Ss Ao Rte W. Shore Wab Lst Bs Nor, Pa

Financial Market Summary from London and New York

London expresses mixed bond and stock results with Consols at 95 13 16d and 95 1/2d for account. New York lists Pennsylvania & Ohio firsts 29 1/2, Canadian Pacific 33, Erie 183 4, St Paul 63, Reading 1358, Mexican Central 71. Bank of England bullion rose £242,000. reserve ratio 43.47 percent. Paris 3 percent rentes at 95 francs 12 4/5.

Cc. B N. Basse C.B Cj.k& U Atchison Bost AID LOW Maine Mass Rod US Yoo W. Mich Canton River Fitchburg Flint Maine Central N.Y Seeel See Or Rutland Union Pac West End Wis Central Allouez Aeee Atlantic K. & Mont Santa Brookline Campebello S Werner Wee Cutler East Foston Franklin Park French Bay Nahant Paybon Penobscot San Winter Harbor Winthrop Wollaston Ain. Bell Eeessee New England Neewee Sete Ates Lamson Eve Nat Cord Reece B. H Cotton Oil Sugar Bay State Gas Illinois Steel Wayne el Mt. Des E.S. Ae Lead Trust Aeeree Ween Sean West A. T. Ryeseee Aton & Cee Atchuson Central Pacific C.cat.l Pees Nano Canada Pacific Gare Lowa Canads South Ches. & Olio Weass B. Che Add Senee Ae Q Eeon H.V Den K. G Erie Llou Green Bay Great Northerne Illinois Kings Penn L.& Nash Lake E Long Island Lake Shore Mobile & Ohio Mobile & Ohio, Ors Pac Gadu Beach Minn St. She Nor. Pac Alb North Sweetern N. J. Central N.C No. Ae Co N. Y Ohio & Miss D. & Kay Rock Island W. l Sss OL St. Paul St. P LOZ Loz Southern Pac Buk St. Uo Texas Pacific Ween Ue Pacific D.& Gulf W. & Butt Trusts Am. Cot Dams Fargo Shee United States Brunswick Om del. & Hud Oregon Pal Pacific Mail Ewe Anes W. S Uial Fon London New York Pennsylvania Ohio Canadian Pacific St. Paul Mexican Central News Bank of England Paris

Salvador Seeks Cash Loan Amid Guatemalan Peace Accord

Ramon Whate and Andres Amya sailed from Salvador for Europe to negotiate an 8 million dollar loan. The Salvadoran Guatemalan peace treaty was exchanged in Guatemala City. A coffee export tax and bonds would fund unpaid army and government employees since last April.

Salvador City Mexico Ramon Whate Andres Amya Europe Guatemala

Miners to Resume Work at La Salle Mines

Miners at La Salle Illinois decide to return to work after idle period since May 1, accepting terms offered three months ago. Federation members favor resuming. Knights of Labor group opposes. Despite divide, operations will restart at La Salle Union and Oglesby coal mines.

la Sauva la Salle Federation of Miners Knights of Labor Union Oglesby

The Boston Theatre Protests $1000 Theatre License Tax

Aldermen push a $1000 license tax on theatres and small amusement venues drawing strong opposition from H A McGlewen C A Shaw John Stetson W H Craway Albert Haynes F B Richards and others who argue it is unjust burdensome and harms public entertainment while New York and Boston residents dispute the fairness of such charges and precedent.

Alderman Flood H. A. McGlewen Boston Theatre Boston Harbor McGlenen New York Boston Tremont Row John Stetson Globe Theatre R. H. White Jordan, Marsh & Co Board of Aldermen W. H. Craway Austin Pretty Casey Palace Court Street The Globe Hollis Street Albert Haynes Palace Theatre F. B. Richards Park Theatre Rt. McAvoy Grand Museum A. Spitz Orld’s Museum and Theatre

Reed Returns from Europe After Pacific Tour and Politics

Ex Speaker Thomas B Reed arrived on the City of New York and was met by friends and a port official who arranged quick baggage checks so he could catch a train home to Portland. He said he knew nothing of American politics or social issues in Europe, claiming he traveled as a tourist for pleasure and has tried to forget politics for four months. He described travel in 1893 through parts of Europe and spoke of the heat and his intent to avoid journalists.

N. ¥. Tribune Thomas Reed Europe City New York George W. Lyon Mr. Reed Portland Tribune America Italy Paris Rome St. Peter’si Naples Vesuvius Aples New Orleans Sicily London Con- Toss Congress House of Representatives Washington Senate

Case of Suspended Animation in Knauertown

Mary Bradley, sixteen, lay in a trance as physicians declared her dead for five days. The girl revived in her coffin, spoke of heaven and Uncle John, and appeared well after the episode. Doctors call the case mysterious and attribute it to conditions favoring suspended animation.

Knauertown Chester County Mary Bradley Pye John

Eight Hour Strike Ended In Cuiiaco Shipyards

After four months of protest for an eight hour day the Cuiiaco ship carpenters returned to work without conditions and rejoined their old positions. Similar stoppages have affected Milwaukee yards this season, and the union collapse here may end the Milwaukee strike as well.

Cuiiaco Milwaukee

Germany's Empire Reports 1890 91 Budget Surplus

Bern reports the final budget for the German Empire shows a surplus of 15,148,201 marks for 1890 91, exceeding the estimate by 1,000,000 marks.

Germany Bern

Prospectuses Issued For Ore Shipments From Mines In New York

Full details and applications available at the company offices 33 Wall Street New York and from subscribing bankers and brokers.

Wall Street New York

Thomson-Houston Electric dividend and stock record notice

Dividend of 1 per share on Thomson-Houston Common Stock payable August 15 1891 to stockholders of record August 5 1891. Transfer books closed August 6 to 16. Boston July 27 1891. By order of the Board of Directors C A Coffin Treasurer.

Traders’ National Bank Boston Mass Sioux City Iowa Santa Fe Copper Company Bigelow Thomson-Houston Electric Company C. A. Coffin Ee Massachusetts Cotton Mills Exchange State St Charles L. Lovering Thomndieke Bliss, Fabyan & Co Summer Street Peder Olsen Cordis Mills Seaton

Oil Market Notes and Pipelines Floating in July 1890

Listings from F W Prescott & Co show pipeline certificates with closing times at 3 p m on July 20 1890 and opening at 10 a m on July 30 1890. Prices and figures appear in scattered form amid cryptic financial notation including grasps of 63 and 625 percent.

F. W. Prescott & Co Devonshire Street Reseewess Crade. Equiv

Also Mentioned on This Page

Sub-Treasury Clearing House Sub- Treasury Omaha BOK Big Four Jersey Central Flint & Pere Marquette Quincy Boston & Montana Butte & Boston Franklin Huron Kearsarge Allonez Calumet & Hecla Tamarack Thomson-Houston Wisconsin Central West End Railway Boston & Maine Boston & Albany Chicago & West Michigan New York & New England Bell Telephone St. Louis San Francisco Colorado Midland Atchison , Topeka & Santa FE Inc Nets Iscal St, Louis New York, Providence & Boston Massachusetts Railroad Chicago Junction Railways Union Stock Yards Chicago TOSAL Osceola United Electric Securities Company Third Call Messrs A. 5. Bigelow H. H. Stevens George H. Ball Butte City Water Company Butte Nashville, Chattanooga & St. Louis Railroad Norfolk & Western Reece Boston Stock Exchange Pere Barborus NEW York Financial NEW York Stock Sales Col. Coal Best & Releber Hocking Coal Gould & Curry Ontario Utah Oxicad Best & Belcher Uphir Polo Core Con Cala, & Va Crown Point Seaee Sierra Neva Savage Eureka Yellow Jacket Llale & Norcross Specialty Mfg Corporation Universal Cash Register CO Advertiser Building Westchester Philadelphia Telegraph Enterprise Mining Co. Incorporated Lloyd I. Seaman George Crawford Sec’y and Traas Lloyd I Seaman Hugr L. Cole Jon E. Ward Morristown N. J Rice Dolores County Col Enterprise Laura Hiawatha Kitchen Bell Night Watch Snow Flake Longbird Thompson Anaconda Lode Jumbo Headley Lode Onomoo Colorado New Guston P. Posey Crawford Wall St Stock Exchange Lewis Bleck Pittsburg Edward L. Brewster & CO Bankers and Brokers Dearborn Monroe Sts Umled National Bank Wood St Market National Bank Farmers’ Loan and Trust CO F. W. Prescott & Meee . Co Devonshire Fastern Electric Cable Co Pide Sreeveee Thomson-Houston Electric Co Ft. Wayne Electric Co Neeseees LL Westinghouse Trust European Welding Co Petroit Electric Co Sacle Enee Esas
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