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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 07, 1888

Page

6

Money Market and Stocks Rally in Boston Market Details

Boston money market strengthened with bank loans near 4 percent and time paper at 5 to 6 percent. Clearing balances modest, New York funds discounted, and overall stock activity weak but firm toward close. Atchison and Chicago Burlington & Quincy notes cited, rail stock volatility noted amid labor tensions and large trades. Emergent notice suspends Lamoine Land Co stock over ownership disputes. market mood cautious with several large-position holders watching.

Dividends Declared On Chicago & Northwestern Preferred Stock

The Chicago & Northwestern declares a regular quarterly dividend of 134 percent on its preferred stock payable March 26. Books close March 12 and reopen March 23.

Chicago & Northwestern Road

Omaha Water Works Bonds Offered In Exchange For Portland

Portland Water Co. offers 6 percent bonds of the Omaha Water Works at 103 and interest in exchange for the Portland bonds maturing April 1 1858. Omaha bonds run twenty years, provide security equal to Portland, and match express charges. A pamphlet describing Omaha Water Works Bonds will be sent on request.

Omaha Water Works Portland Water Company Omaha Portland

Quotations and Last Sales on New York Stock Market

New York market report March 6 shows money on call easy at 2 1 2 to 8, last loan 3, close 24 4 3. Government bonds dull, railroad bonds heavy. Reading led activity with steady gains. Michigan Central up 2 1 4 percent. oil in unlisted sector spiked to 1 45. Volume $777,000. notable price moves include Chesapeake & Ohio 6s 1911 off 1 4 at 100 3 4, Louisville & Nashville and Lackawanna up 3 4 each.

San Diego West End Boston Newport al Zy London New York Montana Rothschilds The Transcript Varen Gu OASIS Prime Mercantile Sterling Exchange Reading Louisville & Nashville and Lackawanna San Francisco Preferred Michigan Central Chesapeake & Ohio Louisville & Nashville Texas Pacific Rochester & Pittsburg Cairo Arkansas & Texas Mutual Union Rose Denver & South Park Milwaukee Lake Shore & Western Michigan Ohio & Mississippi

Market figures and dividends from Atlantic & Great Western to Paris rentes

Ex dividend figures list firsts and percentages for Atlantic and Great Western, Canadian Pacific, Erie, Mexican and other stocks. Money rate at 2 percent, discount in open market noted for short bills at 1 percent and three months at 1 1/2 percent. Paris advices show 3 percent rentes at 82 francs 50 centimes.

London Canadian Pacific Erie St Paul New York Central Pennsylvania Reading Paris

California mining stocks close in San Francisco market

The official closing prices of mining stocks are listed for March 6 in San Francisco. Notable entries include Bodie Consolidated, Crown Point, Eureka, Utah, Gould & Curry, Mexican, Navajo, Ophir, Savage, Sierra, Union Consolidated, Peery, Yellow Jacket, Nevada Queen, and North Belle Isle with varying quotable figures.

San Francisco Cal Seat & Ceases Sipe Grout Biases Crown Point Utah Gould & Curry Hale & Norcross Savage Sierra Poe

Raymonds Big Suit Against Russell Mercantile Agency

The case of George J. Raymond suing Russell and Co for 75000 over credit reports circulated in spring 1882 continued in Superior Civil Court before Judge Barker. Evidence showed reports were sought or suppressed. key witnesses testified about Raymonds credit, ledger entries, and agency communications. the court held Asa Patten in contempt for failing to produce reports.

Russell’s Mercantile Agency George J. Raymond Superior Civil Court Barker Dabney Witness Smith Raymond Russell John E. Fegan Smith & Fegan Lund Fegan Simonds Joseph B. Lincoln Bachelder & Lincoln E. Russell & Co Frm Webster Tileston Sraymond Mr. Tileston Mercantile Agency Morse A. J. Gordon Bachellier & Lincoln F. A. Hawley F. A. Hawiey & Co Boston Raymond & Co Providence J. W. Graves G. J. Raymond Dow Russell’s Charles I. Osgood National Security Bank Asa K. Patten Springfield KR. G. Dun & Co KE. Russell & Co

Pennsylvania lines east report shows earnings and freight shifts

The 1887 annual report for Pennsylvania lines east of Pittsburgh details increases in earnings to 60,379,077 with total charges of 66,020,896 and a surplus of 1,083,593. It notes coal shipments rising to 17,796,708 tons, through freight 6,278,628 tons, and passenger earnings per mile at 2.125 cents. Western lines posted a profit of 1,278,468, while total freight movement east and west reached 106,128,215 tons. President Bliss travels to Florida and a New England agents meeting considers 1838 summer rates.

Pennsylvania Pittsburg Pithsburg Bliss Bostond& Albany Florida New England General Ticket and Passenger Agents’ Association

Watertown Union Live Stock Market Report 1858

Report from the Watertown market for the week ending March 6 1858 shows cattle, sheep and swine totals with state origins and prices. Prices for beef and store cattle vary from first to third quality. sheep and lamb values quoted with several lots traded by local dealers and buyers. Northern arrivals influence the market as shipments move on contract while reported sales include multiple steers cows and lambs with weights and prices.

Boston Post George J. Fox Maine Panoe Boston & Lowell Boston & Albany Fitchourg Astern Brighton N. B Boston & Albany Railroad Union Market Watertown George Leiler E Winn J A Hathaway Flanders Griffin & Snow Orford L. Hutchingson Orange Flint & Blanchard

Commercial Market Report Summary

Lumber and most grains mixed with firm oats and cornmeal. Butter cheese and eggs show varied moves while beans demand remains fair. Fruits and vegetables like cranberries and Florida oranges show tight supply or fair demand. meats including pork lard tallow veal and mutton steady with active lamb movement.

Florida

Grain market report shows mixed demand and price shifts

Cables report strong wheat but light exports, Hutchinson active at high prices. Corn steady on light offers, oats trading up May prices, provisions dull. Grain receipts total 23,149 hogs 11,194 yesterday. estimated 11,000 today. Futures show wheat May around 76 to 81 cents, corn May ~65 cents, oats May ~31 cents, hogs near 18 to 20, pork and lard edge up.

Farnum, Reardon & Co Hutchinson Ees Ibtii Suortr Riss Oess

Lumber Market Quiet Yet Optimistic Ahead of Spring

The lumber market shows little activity with prices holding steady from prior quotes. Demand edges up modestly, spring opening expected to boost trade. eastern pine dull, spruce, shingles, and lathes steady or improving, western markets firm but quiet, northern and southern lumber prospects look favorable, hardwoods like walnut maple and chestnut show steady movement. Boston survey notes overall steadiness.

Boston

Lumber Market Prices And Production Figures From Michigan

The report lists Michigan lumber production by wood type for 1885 1886 and 1887 including totals for lumber shingles and feet and shows prices for hemlock boards eastern and western pine spruce clapboards laths hard woods and Cypress. It also notes prices for southern pine flooring and other yard orders with ranges and per unit costs.

Michigan Pennsylvania Canada Cnada Indiana Stey Bank Harrow

Quiet firm flour and grain market with steady demand

The flour market remains quiet but steady with moderate demand and small lot sales. Milling firms hold firm on prices from fine at 2.50 to various patent grades, while corn and oats show firmer bids and mixed spot and futures reports. Grain futures hold steady as inspections record numerous lots, including No 2 white oats and steamer yellow corn, with cornmeal and rye flour prices noted for export and domestic sale.

Minnesota Michigan Canada Superior Canada Roller Canada Boston & Albany No 1 New York Choice

Market Notes Show Steady Prices and Small Trade Volume

The BeTter market remains unchanged with quiet activity. Quoted wholesale prices cover Western creameries and New York Vermont beans, while jobbing costs run 1 cent higher. Receipts exceed 2200 cases as Easterns price at 19 to 20 cents and Westerns see ample supply with mixed quality levels.

New York Vermont Enskern Caolee Ohio Northern Sage Lac New Hampshire Michigan California

Also Mentioned on This Page

Reichsmarks Atchison Atlantic & Pacific Wisconsin Central Wisconsin Central Company Chicago & West Michigan Ean Chicago, Burlington & Quincy Chicago, Burlington & Northern Chicago Burlington & Quincy Perkins Louisiana & Missouri River Nee Ee Sie Quincy Allouez Dunkin Osceola Calumet & Hecla Huron Franklin Messrs. Kidder, Peabody & U Co Devonshire Street Nassau Street Messrs.haring Bros. & Co Foreign Exchange Philadelphia Chicago & Alton Louisiana & Missouri River Company Oregon Improvement Union Pacific California Southern Kansas City Memphis Birmingham Flint & Pere Marquette Pullman Mexican Central Atchison Collateral Trust Bs Louisville Evansville Rutland Consolidated Vermont New England Cheshire Old Colony Lamson Bell Telephone Lamoine & Mt. Desert Land Company Stock Exchange Lamoine Land Company Frenchman’s Bay Mining and Stock Exchange N. W P. Isig R.G M. Drg. W Crete St. L St. Y P.O P Kan C. I.K Tex. P. L. G, Mat. UN N.j.c.int Tex.p. R. G. N Pac N. W.cons W. Shore Adams Wella Fargo Amador Mono Ee Bodie Ontario Bia Proustite Col Quicksilver Con. C. & Va Dunkinsss el Cristo Nevada Standard Halek Nor Tenn. C H. Go Union Con YellowJack Tesf Central B&q Eeustern Old Coleavergeert Veovevese Topeka San Diego Bonanza Ee B& Mont Cal & Hec Cesses Kearsarge T& BF A&p Ba&m Ny&n Arnold Seewee BOO Breanswick Penobscot Wteesuceese Union Placific Allonez LS Rapp Arnold GO Roy Aztec St. Lo Bonanza St. Mary Nobb Security Reece South Side Bruns. G Salvoo Catalpa Wash Els TWA Hanover Burton Humboldt Entera Lord Cosvee Mesnard Masa Wears Ocean Pontiac Bell Eastman Carpenter Lamson Store Ser. Co Pullman Palace Boston National Banks Las’ Gale Atlantic Mkt Atlas Masaac Yta Blackstone Maverick Blue Hill Mechanics Merchants Boylston Tan Broadway Monument Bunker Hill Mt. Vernon England Columbian Orty America Commerce S. LT Eagle Eliot Republic Everett Revere Rockland Yan First Ward Shawmus Shoe & L Freeman's I’facturers Washington Webster Lowell National Banks Appleton Old Lowell Salem National Banks Naumkeag Salem Lawrence Cambgept Mt Wolston Dedham Lé¢ Pemigwiet F’t Chelsea Ware Hyannis A i Laconia Amory Lancaster Lowell Appieton Mass Poott Cot Loston Merrim Sost. Belt Middlesex Cabot Chicopee Nachua Clinton Cocheco Newmark Contin’ntal Dwight Pacific Pepperell Ramnon F Gt. Falls Stark Hamilton Luvdackson OFI Portland Water Co. Bonds G. H. Venner & Co Congress Street Williams & CO Boston Stock Exchange Bepfor Chagiil Mero Pm Ev & St Mexi Ae Freich Bay Newport I. Dunkin T&s B& Q T&sf Sp & Mdeb Ee Sonora Am Bell BOM French Bay Esa Ee Wollaston Mont Osceela FiveieeFree Be& Mout Cal & Heo Quincey NEW York Financial Atkantie Bonanza Devel’t Cal. i Hecla Alpa Varronton Nationa Tenner Brook RO Campobello Eenee East Boston Bay Py's Maveric Payson San Bess West Winthrop Ali L. G Senna Pease At. & Pac Ae B. & Mo Neb Chi. Kan W. Oe Deis Ae Ie Con. C Bec Cevarveses Southern Kan Tex Ss Seas Serence Sonora Union Pacay Ob Ye At Boston &Albany Boston & Maine Boston & Prov Cal. Southern Central of Mass Ye. S Canton S&c Flint Gulf Ovinies Ee Sumit Hye Amie Vee Houst Ty Ce I B. Kan Lake Long Tou M. M M. Nash Avi Ati Air Os Anton Entral Iowa Hentral Pac Chi Alton Villas Rock Island Rome W. Hovses Daperkeek Lexaa Pacifie J. Pacifia Utia & BR Eee L. E Land Mibc Oregon Lm Pacific Mail Ore Pullman Pal Union Foreign Financial Markets Russell Mercantile Agency Railroad Matters Watertown Union Chicago Markets John E. Welsh State Street
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