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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 15, 1887
Page
6
The Tremont and Suffolk Mills Company has announced a dividend. Company officials confirm the payout details and the amount to be distributed to shareholders.
The report covers Boston market activity with price moves across Town Land issues Wollaston Street Land and Boston Water Power. It notes a quiet money market with rates near 5 to 6 and a pending bondholders case. It details stock movements including California Southern Atchison Union Pacific West End Land and New York & New England with insiders’ chatter on leadership and alliances.
Money on call eased 51/2 to 6 percent with last loan at 3 12 and close at 8 4. The market firmed on squeeze fears as demand for time loans rose. Hocking Valley led gains while others slid. rumors over Baltimore & Ohio and Hocking Valley in financial trouble influenced bears. Railroad bonds remained weak as overall activity cooled into the close.
W. P. Robinson, former West Shore traffic manager, argues Rotterdam Junction traffic can be served via the Hoosac Tunnel. He urges Fitchburg to consolidate with the tunnel line, warning against building a competing high grade road and endorsing fair treatment of West connections to New England.
A terse report lists results from multiple railroad divisions with percentages shown for United States Atlantic & Great Western firsts at 47 percent and Canada Pacific at 62 percent among others. The brief notes performance figures for Erie seconds and New York Central with 101 and 116 percent respectively and references to Pennsylvania 1993 Reading 1956.
The Mi Careme party drew about sixty ladies and gentlemen to Horticultural Hall for music and dancing after a formal supper. The Orchestral Club performed Massaniello and selections by Gounod Rubinstein Langey and Lachner under chaperones Mrs. Morse Mrs. Boit and Mrs. Gardner.
Kendall street Austin Collins to James H Hayes transfers land on Kendall street. Congress street Archibald Howe executor to Reuben Dommon transfers on Congress street. Hammond square Brigham to Daniel Swan transfers 2060 square feet for 1950. Doreen Estrr Vinal to Royal Whiton Jr on Melville avenue. Auckland street West Roxbury Bassea ax to Ezra Matlock. Huntington avenue Ward to Page on Huntington avenue. Sharoff street Roslindale Brennan to Morgan transfers back. Skinner street Alary to Houghton on Skinner street for 780. Eagle street Dudley estate Waldren to Townsend transfers 2000. Charlestown School street Harrington to Smith for 3783 mortgaged 1700. Pear street Revere Turner to Newell 400. Ocean avenue Seger to Bruce 8500 mortgaged 2200. Mill and Beach streets Baker to Gould transferred back. Winthrop Burnham to Westgate lot in Winthrop 825.
A list of mortgage filings shows Harry F Hawkes transferring to Boston Five Cents Savings Bank on Summer Street for 20000 with Webster area mortgaged. Patrick Kerrigan to Nathan Matthews secures 315000 on West Chester Park. John Pierce to Franklin Savings Bank covers Pierce Street Hancock for 1500. Pierce Quirk to Albert Gates Jr covers Parsons Street Brighton for 2600. Patrick Lavey et al to Harriet S Allen covers Thornton Street Roxbury for 600. Otto W Stedfeld to Warren Institution for Savings covers Green Street Charlestown for 1000. Fred A Bruce to Samuel A Seger covers Ocean Avenue Revere for 1300. Pierce Quirk to Alpert Gates Jr covers Parsons Street Brighton for 1250. Owen J Thomas to Pioneer Cooperative Bank covers Shawmut Avenue agioc side for 1000. William Rand to Joshua Benshimol covers Newbury Street for 2000. William Clarke to Robert Codman covers Purchase Street for 12000.
At the Manchester annual town meeting officers were chosen including Moderator Samuel Knights Town Clerk William A Stone Treasurer A E Low and selectmen Samuel Knight E A Lane and N P Meldrum The license vote passed no by 168 to 82 and $200 was appropriated to enforce the license law.
Multiple remedies listed with prices including Hale's Honey Cough Cure at 25 50c and $1 Glenn's Sulphur Soap 25c German Corn Remover 25c Hill's Hair Dye 50c Pike's Toothache Drops 26c Bean's Rheumatic Pills 58c. Advert shows broad market for tonics and salves.
The San Diego Central Railroad files amended articles with a new board including E. Babcock Jr and J. F. Crank with George O. Manchester and C. W. Smith. Atchison system control deepens as $1.5 million capital stock is set and treasurer named by First National Bank. Articles for San Jacinto Railroad also filed to build a Perris to San Jacinto route of about twenty five miles with offices in San Bernardino and $500000 capital.
Fort Worth and Denver City earnings rose by eight thousand two hundred dollars in the first week of March. The annual California Southern officers election occurred in National City with George O Manchester as president and a slate including George L Goodwin and Frank H Potter among others. The National Association of General Passenger Agents to meet at Arlington Hotel in Washington on the sixteenth. Joliet Aurora and Northern railroad sold to a Santa Fe syndicate. Santa Fe gains access through Joliet and plans strengthen Joliet route rights.
The directors of the Faneuil Hall Bank met on March 14 and unanimously adopted resolutions lamenting the death of Edwin Read, noting his years of service. They express sorrow, offer sympathy to his family, and order the resolutions recorded and sent to the family.
The steamship H. D. Miller brought the five crew members of the Portland Maine schooner Albert H Waite after they abandoned ship believing it would sink. They were found in an open boat after being adrift since the forenoon and nearly frozen. Pilotboat 14 reached them first and they were transferred to Miller in Boston.
At yesterday’s annual meeting the Mercantile Fire and Marine Insurance Company elected directors F H Bradlee George B Cushing Thomas K Cummins Thomas M Devens Benjamin F Fields George R Minot Richard C Nichols George R Rogers Gorham Rogers William G Weld I G Whitney. A later directors’ meeting named George R Rogers president and James Simpson secretary.
A witty remark on wealth contrasts with limited money to buy G. O. Taylor Old Bourbon and Pure Rye Whiskey. The spirits are sold only by Chester H. Graves & Sons, with firm name signatures over each cork. Unbranded cases available on request.
Commercial matters show minor movements with most items steady or quiet. Butter and cheese stay firm, potatoes in fair demand, provisions firm, and fresh beef steady. Apples and oats remain quiet though firm, while rye flour and malt show steady trends.
Domestic pig iron remains about the same as last reported with moderate demand at old quotations. There is steady activity for plate iron and unaltered tubes and pipes prices. World pig iron production shows a general decline except the United States. British Bessemer steel ingots rise while American output soars, signaling shifts in rail versus other uses.
The flour market remains quiet with prices steady though sales are limited. Corn and oats show little movement with various steamer yellow and mixed lots priced in narrow ranges. inspections include multiple car lots of wheat and oats with several rejections and no notable sales on the corn call.
Butter remains steady with firm tones in Chicago and New York. cheese also firm in New York and Chicago. Reports show eggs lower in Chicago while New York prices hold. numerous small commodity prices for beans seeds hay and potatoes noted along with varied creamery and creamery butter quotations across regions.
In New York the Carolina sod cargo and fruit prices are listed with oranges at 150 to 175 and lemons at 2 290. Oranges are noted as very poor while Liverpool apples remain similar to last report with Baldwins and greenings quoted in old style currency. Massachusetts and Maine apple numbers show No 1 and greening grades with varied ranges.
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