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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 29, 1888

Page

6

Money Market Holds Steady in Boston Ledger

Boston money market steady with clearing house rates at 2 percent and time paper yielding 3 1 4 to 5 1 4 percent. New York and Boston exchanges show large declines from a year ago. government securities and Treasury holdings listed. bond offerings and purchases noted. multiple corporate and railroad securities quoted with varied movements and dividends discussed.

Dividends Declared by Various Firms This Quarter

The Fall River Workingmen's Cooperative Association declares a 7 percent dividend. Tecumseh Mills Company of Fall River pledges 2 percent. Androscoggin Mills Corporation announces 4 percent. Security Associates of Worcester declares a 12 percent quarterly dividend. Grand Avenue Railway of Kansas City sets 1 percent for the quarter ending June 30 but cautions that quarterly payment amounts are not yet determinable.

Fall River

Principal and Interest Guaranteed by the First Mortgage Bond

In Boston New York or London guaranteed by interest payable January and July. Secured by a First Mortgage on the new road from Kansas City to Chicago now in operation with satisfactory earnings. Recommended as a conservative investment safe for Trust Funds. Bonds can be registered. KIDDER PEABODY & CO Boston. To be known after July 1 1888 as

Wisconsin & Minnesota Wisconsin Central Kansas City Fort Scott & Memphis Detroit Lansing & Northern Chicago & West Michigan New York New England Boston & Maine Eastern Boston & Lowell Connecticut & Passumpsic Central Massachusetts Grand Avenue Railway Grand Avenue Fifteenth Street Business Centre Chicago & Alton Missouri Pacific Missouri River Atchison Chicago Chicago, Milwaukee & St. Paul Railway Twenty-first Strest City Washington Park Post Office Sumer Westport Rosedale Boston Ands London

Auction Sales at Boston Stock Exchange June 30 15538

The Boston Stock Exchange announces 104 auction sales on Saturday June 30 involving numerous stocks and bonds from American Stespphiance Co. to Sugar Refineries Co. and railroad and utility issues. The list includes shares from Metropolitan Cable RR Co. of Kansas City to Fitchburg Railroad bonds and City of Muscatine Iowa notes, with total sales around 887000 dollars and market movement described as dull to firm.

American Stespphiance Co American Paver Lag Co Continental N. Bank Do Hamilton Nat. Bk. Y Do North Natl Bank Metropolitan Cable RR. Co Kansas City McKay Sewing Machine Co McKay Boston Gas Light Co Consol Electric Light Co Merriam & Morgan Parratine Co Cleveland Ohio Thayer & Judd Paraffine Co New Bedford Mass Bay State Live Stock Co Manchester Shoe and Leather N. Bk Appleton Mfg. Co Lancaster Mills Lyman Mills Chicopee Mfg. Co West End St. Ry. Co Philadelphia, Wilmington & Balt, RR. Co Boston & Roxbury Mill Corp Charlestown Fitchburg RK Shetncket Co Norwich Conn Cheshire RR Pia Globe N. Bk Merrimack Haverhill Boston Revere Leach & Lynn Clinton & Fitchburg Fitchburg RR Florida So. RR Union Stock Yard and Transit Co Sugar Refineries Co ELOCO Ibh & St L Wee Sonora Kanine Ee Bell Erie Boob Lainson Hille 5 Ir Harbor Land Newport Land Eeee San Neo Sullivan Harbor Land Allouez Nee Eave Mont Hirlie al & Hee Franklin Reese Vo Quincy Ours Central of Mass NY &Neptd NY & NE Saco& P Ene Union Pac Ccscees Ta&s R NY &Neos Aim Bell Tel Boston Water Frenchman's Bay Newport San Sullivan Harbor Osewer Ben Nee Eastern Fitchburg Pref NY &N Steee Tolvel & Miksa Cen Wis Cent Ceevs Ees Seceeune Central A Ipil Do Inc ADLE S. P Oregon Aie Inc Iit Pueb. & A LUDO Cbs St. Jo G. I Union Pacific Wis 85 & Aili Atch Athletic & Pacific Boston & Albany Ee Ae Boston & Lowel Boston & Maine Boston & Providence Cal. Southern Central Ny Mass Sas de Pref B. & Q. Cley & Canton Scsees Sesuskoo Det Otis Sseus Caees Fitchburg Pol Cos Sidnes Gulf C . Cl Ae M. Ee New Eng Settee Old Colony Ratland Summit Union Pacifis West End American Bell Eastman Car Stan Meter Toledo

New York Stock and Money Markets Close in Stagnation

Money on call eased to 1 1% closing at 1 1 4 percent. Prime mercantile paper 92. Bar silver firm at 92 5. Sterling dull and steady. Actual bills 4.8634 for 60 days and 4.885 for demand. Government and railroad bonds dull but firm. Stock market opened firm then stagnated with insignificant changes. Missouri Pacific led gains while Burlington & Quincy rose mildly. overall turnover the weakest of the year.

Mexican Central Oregon Short Line Birmingham Louisville & Eynsville Chicago & Eastern Illinois New York Chicago & Eastern Illinois Railroad West Bell Telephone Erie San Diego Bears Arizona Frenchman’s Bay Lamson Bar Harbor Newport West End Calumet & Hecla Montana Franklin Quincy London Missouri Pacific American Dock Kansas & Texas New York Central Colorado Coal International Green Bay Incomes Prime Mercantile Sterling Exchange Acme Grawers Burington & Quincy

Foreign Financial Markets Report and Bank of England Data

London market figures show prices for Atlantic and Great Western and other securities with mixed results. Paris notes 3 percent rentes at 82 francs 77/2 centimes and bullion movements. Bank of England bullion in today’s balance at £18,000 and weekly gain of £511,000 with reserve ratio rising to 48.26 percent. Paris Bank of France reports weekly gold gain of 925,000 francs and silver gain of 4,325,000 francs.

London Atlantic Canadian Pacific Erie Illinois Central St. Paul Paris Bank of England Bank of France

Commissioners Hear Chief Inspector Hanscom Appeal

Chief Inspector Hanscom faces charges brought by Superintendent Small as reporters fill the room. Counsel for Hanscom refuse to argue, claiming a public right to refutation and a vindication, then gather their papers and withdraw as the police board considers the case.

Board of Police Commissioners Small Hanscom Mir. Hanscom Whiting Russ Mr. Hanscom Mr. Russ Adams Messrs

Dartmouth Alumni Hear Trustees On Representation Plan

An adjourned Dartmouth alumni meeting discussed alumni representation in college governance. Trustees appointed a joint committee with alumni to confer, while a morning procession and church services followed with multiple addresses and honorary degrees announced. The day concluded with a dinner in Bissell Hall and a senior ball, as officials noted a yearly income rise and various toast remarks. Market notes on spruce prices and related yard orders were also reported.

Smith College Yard Daniel Luther Lawrence Malden Gilbert Sykes Blakely Compton N. H Charles Henry Morrill Orange Newton Marshall Hall Manchester N. K Charles Lincoln Sawyer Lee, N. H Wendell Williams Mendow William Byron Forbush Springfield Warren Fenno Gregory Winchenden Lee Fairchild English Lisbon Walbridge A. Field Boston Benjamin F. Butler Lowell Lewis W. Clark William Burnett Wright New Britain Conn New Haven George W. Nesmith Thomas Coggswell E. ©. Carrigan Judge Barrett Vermont Bissell Hall

Enthusiastic for Cleveland Organizes 600 Member Exchange Club

The Consolidated Exchange Cleveland and Thurman Club organized with about 600 members and elected officers led by C. G. Wilson as president. Joseph J. O'Donohue donated 500 Cleveland and Thurman buttons, boosting morale. The group plans to grow to about 1000 members and appoints committees for various purposes.

New York Cleveland and Thurman Consolidated Exchange Cleveland and Thurman Club C. G. Wilson Exchange Joseph J. O’donohue Coffee Exchanger Y Baltimore Produce Exchange

Commercial Matters in Market Report Tone

Market notes show wide price activity across commodities. Butter and pork firm or active while oats and corn show varied strength. beef steady, potatoes steady, and leather quiet with general firm or quiet trends in grains and products.

Market steady as demand holds for regional lumber items

The market shows quiet but steady activity with prices near prior reports. Eastern arrivals are large, hemlock and Pennsylvania lots move fairly. 12 foot planed lumber sells around 12.50 per 1300, with many grades of shingles, clapboards, pine and spruce priced and available, movement fair to good for several regional products amid ample yard stock.

Pennsylvania Canada

Leather and Hides Market Sags Across Grades

The leather market remains dull with buyers scarce as manufacturers stock up. Tanners shut production in several plants while finished leathers move in small lots at old prices. Wax leather shows some value for heavy stocks. Oregon leather and pebble lots show modest demand at steady or old prices. Hides are very dull with small sales and ample dry foreign supply.

Oregon

Wool Market Pressures In Decline Amid Weak Demand

Week of dull demand, limited sales, and mills shutting down. Old stocks are being cleared slowly, new clips small, with Wyoming dominating the bulk of newly traded wools. Prices largely steady with some regions and classes showing firmer bids, while Texas and California wools exhibit modest activity and crossbred demand remains cautious.

Missouri Territory Wyoming Utah Texas Oregon Georgia California Ohio Pennsylvania Michigan Wisconsin New_York New Hampshire Vermont New York Kentucky Indiana Delaine Montana Colorado Southern Tex Kansas Nebraska Maine Washington Territory London America Victoria New South Wales Queensland South Australia Swan River Tasmania New Zealand Natal Montevideo Cape Aleppo Angora Assyrian Donsko Carding Donsko Black East India Vicaneer Kandahar Jara Cordova Eas India Bagdad

Provincial Fish and Canned Goods Trade and Regulations

Delong and Seaman report 1927 barrels of mackerel last week with a fair early season catch. Large No 3 rimmed at 315, plain threes at 14, small mackerel at 8 per barrel. prices ease as demand shifts to immediate needs. Codfish stocks are scarce and prices rise. herring is unavailable with nominal prices. Boston customs now requires certified invoices for Canadian shipments and oaths on mackerel detailing catch and consignor. Yesterday's Codyfish quotations were…

Messrs United States Boston Codyfish Lara

Also Mentioned on This Page

St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah R. L. Day & Co Adams, Blodget & Co Old Colony Road Brewster, Cobb & Estabrook City of Somerville A. Keene & Co City of Gloucester Secretary of the Treasury Reichsmarks Bank of Rance California Southern Burlington & Quincy van Emburg New York Bears Edward Sweet & Co Chicago, Burlington & Quincy Hen Crews & Co Sandusky Cincinnati, Sandusky & Cleveland Railroad Company Mad River & Lake E. Atkins & Co Broad Street New York Stock Exchange Elijah Smith J. H. Benedict Henry H. Cook Charles F.tag Fred L. Ames C. H. Lewis Joseph Simon Henry Failing W. M. Ladd J. M. Fox D. P. Thompson Portland Wisconsin Central Company Allied and Associated Grand Avenue Cable Railway Kansas City, Mo Central Trust Company Trustee New York City Blodget Congress Street RL. Day State Street Kidder, Peabody & Co, Bankers Devonshire Street Nassau Street ISSUE Messrs Baring Bros. & Co Europe Philadelphia Williams & 69 Chicago, Santa FE & California Railway CO Nichison Topeka & Santa Fe Railroad Co Kidder, Peabody & 69 City of Somervillg Bi Water Gai & Estabrook The Dakota Mortgage Loan Corporation Milk Street Brnss Globe Investment Company Massachusetts Minnesota Dakota Boston Stock Exchange Globe Exchange Bank Merchants’ N. Bank Exchange Natl Pittsburg Penn Central Nat. Bank Lynn Naumke N. Bk Salem First Nas Dan First Nat. Bank Danvers Ryan Central Car Co Winnisimmet KR Wakefield Ruthin Co Shoe and Lesypet Nat. Bank Manuf. N Continental Natl Newton Natl Newton N.Y Town of Hyde Park Wichita & Western RR Little Rock & Fort Smith RR Santa Fe RR Lansing & Northern RR Nat. Water Works Ivestment Co Suncook Valley Rr, Co Profile & Franconia Notch RR Eureka Silk Mfg. Co Tremont N. Dk N. W R.G Nav. Lsts Ist. L G Bae Nee P&p. Ist G.m St. P Lube Kan. LP Es 'P. Ey Dutt Soh Es ‘& Wen Tex. Po L. G N. J.C N. Vac Pac W. Shore Tile American Wells Fargo Thrace Navajet Barcelona Belle Isle Rodia Ontario Op PV Civin Cal el Cristo Savare Eureka Nevada Gould&Curry Silver King Hale & Nor Ala Beas Flock Tenn. CO Ales G2ise Allouez Arnold Atlantic Oaeee Bonanza Development HEC Ceee Atslpa Vba Cresvent Els Cuses Huron Ironton Konrsarge Pew Abic Sane Rauaige Ee Tamarack Vie Land Comte Anies Aspinwall Boothbay Boston Water Power Boylston Street Eeere Boy Brookline Campoche Hastioston Maverick Payson Dili Penobscot Sullivan Topeka Olig Winthrop Wollaston At. & Pac B.& Mo Kan K.C C. L Liv T. H Pacific Weane Ib Air Line Ener B.C. KR Can Canton Central Pac Chi. & Alton Vrei Lave, & Col del. & HL del. & L Aeee Bb Fort Wayne Abe FL. W D. Ees Houst Hocking Val Ff Ag Kan, &Lex Buly Kings Pein Laiy Lake Shore UU Oys Long Island One Vbia Lou Lou Affon S Northwestern Ly A. Cent Ni. Yi. C St. Lee Ee Pace N.E Misa A. Lyi Loz Rock Island Rome St. L M . Eol O. C Tea & B K. W. Aw&i.e Coal Vo C Cal Ophilt Potosi Sierra Nevada Con. Cal Crown Poin Union Esceese Jould & Curry Eneeee Hale & Norcross Ries Commonwealth Uccu Mount ‘Diablo North Belle Isle NEW York Financial Flanscom Dartmouth College
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