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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 23, 1887

Page

6

Money Market Report From Boston March 22 1887

The Boston money market shows firm rates with a further advance at the clearing house. Loans on call with collateral security sit near 6 percent, time paper from 6 percent upward. Clearing house balances and New York funds are described, with substantial exchange activity and varied bond and stock movements led by Atchison. Reports discuss Santa Fe and Baltimore & Ohio rails, Atlantic & Pacific, and other railroad securities, plus mining and telegraph company earnings and dividends.

Boston Corporation I38 New York Sterling Exchange Bank of Montreal Spe Cialties Atchison Atchison J Ives Wall Street Santa Fe Baltimore & ‘Ohio Kansas City C. I’. ‘Huntington Jay Gould Southwest Chicago St. Louis Atelison Topeka & Santa Fe Atch Atlantic & Pacific San Francisco California Indiana Evans‘ville Straits New Orleans Eult Union Pacific Adams Weare Congress Wisconsin Central Penokee Gosebic AM Wisconsin Central Burlington & Northern Pullman Palace Pull Cleveland & Canton Stoc Canton Little Rock & Fort Smith Gould Iron Mountain Converse Boston & Lowell Ournal Boston & Maine

Dividend Declarations From Local Banks and Rail Company

The Waltham National Bank declares a 4 percent dividend. The Natick and Cochituate Horse Railroad Company declares $3 per share dividend. The Ontario silver nine declares February dividend of $875 000 payable March 31, totaling $8 150 000 distributed to date.

Waltham National Bank Natick and Cochituate Horse Railroad Company Ontario Silver Nine

Boston Stock Exchange Buyers See Mixed Activity

Trading on the Boston Stock Exchange shows varied results with multiple issues quoted at different prices. Highs and lows are listed for numerous firms and bonds, including Cal Soine, West End Land, Wollaston, Mex Cent, and East Ll coll, with First Call at 10:50 and 12 M summaries reflecting unsettled pre-market to noon activity.

Cheshire At.& Pacific G& LO Ko& Alr L Saitoan Ralland Cifio Central Lowa Central Pac Tronton Iron Co St. L Wollaston West End T&s Erie A&p B&l Fort B&n Han den Mass Houst Tex Isi C Veer Essen Pullman, Oy Long Island Lou N. LO Man Beach C5 & N Doi Inc Memphis & C Kansas Des Union Pacific Miss. Pacific Bell Tel M. & Ohio Eee West End Land M . J. Cent GO A T&s Fe At & Pac Boston Providence AG C Ohio & Miss B& Q Bs West Oregon E&ne Ms Pa Pittsburg Pallman PC Rutland W.N& R W.P O Roch Pitts Rock Island St. i New England St. At M. & Mere Aspinwall Land Eevesee Brookline Land Boston Land Pacific Ae & BI San Diego Thea & BL T& SE Atlantic & Pacific Fic Peineas Pal Eastern Railroad New York N. W R.G jSt. le Wisconsin Central Ste St. P Central Mass Cleveland & Canton O U. Pac W. Shore Chic Burl & North Chic, Burl & Quincy Adams Chie & East Flint Terra Istaandard FE Cristo Stanislaus Nengland Savage Belle Isle Tenn Old Colony Wisconsin Allouez Arnold Atlantic Atlantic Bonanza Ene “* L%3 Ay Calumet & Hecla Ef] of 0 Catalpa Franklin Huron Trenton Lron UOC Napa Lowcat Cal Soine BEL Bonanza Wig Wollaston A. T&s F Ares Esas Agate M. A C & East Ll Coll Vane de Scrip Rey Ty Nor Pac Tothbon Rantman PR Oiaied Bous Cscs Ironton Iron Co Moston WE Cies San Diego Land Wollastons Fs Hee Ehort ' A T&s SP Dob Cee Ug Fey At & Pac West India

Boot and Shoe Buyers in Town in Many Cities Ad

A list of shoe buyers and representatives from multiple cities including Allentown Baltimore Chicago Cincinnati Detroit Evansville Fort Worth Fulton Indianapolis Kansas City New York Pittsburgh St Louis Toledo Zanesville and others. It names individuals and firms such as H Leh & Co Bangs Berd & Co Sanger Bros C H Fargo Co Kellogg Johnson & Co Woolman Todd Allen Shoe Orr & Lindsley Famous Shoe and Clothing Co and American Rand Sewed Shoe Co.

Allentown Penn Leb H Leh & Co Boch Baltimore Charles Bangs Bangs Berd & Co Tre W C Carroll Carroll, Adams & Co Spragins Stover & Craddock C Adler Frank & Adler Jun Buffalo Ramsdell Sweet Sweet & Co Brun Chicago McLaughlin Selz, Schwab & Co Cincinnati P Cowen Cowen & McGrath Chail Frank M Fargo C H Fargo & Co Cumberland S J Edwards Columbus C Belknap Belknap, Carpenter & Co Detroit Mich Fulton F E Goodson Craw Indianapolis Ind A Jones Irot Jones McKee & Co Kansas City S K Green Amn New York W Neeley W Neeley & Co Parsons, Jr CS Parsons & Sons Par Pittsburg Jd Kaufman Kaufman Bros Savannah Einstein Einstein’s Lane Springfield Starkey Starkey & Scowden St Paul Minn H Kellogg Kellogg, Johnson & Co St Louis W Todd Woolman-Todd Zoot & Shoe Company A W Allen Claflin Allen Shoe Company D B Linasley Orr & Lindsley Shoe Company Aim D H Clements Famous Shoe and Clothing Co Toledo B Saylor The American Rand Sewed Shoe Co Zanesville Henry C Werner Xenia R L Stewart

Market Summary New York March 22 A dull steady close

Money on call easy 4 to 8 percent with last loan at 5 and closing at 4. Government and railroad bonds dull to firm. Stocks opened dull and heavy then rallied but trading remained light. Port Worth and Denver & Texas Pacific were most active with mixed moves across various issues. Total sales 13.5 million shares with modest gains and losses, closing near steady.

New York Sterling Exchange Port Worth Denver & Texas Pacific Fort Worth Denver Chesapeake & Ohio Purchase Omaha Canners Houston & Texas the General

Insolvency and Attachments Reported in Essex County Courts

Several businesses and individuals face insolvency or attach ment actions. Names include P. B. Wolf Brattleboro Henry W Reed Canton C A Wright Northampton Harrington Lowney New Bedford George A Ordway Quincy and others in Eureka Raleigh Hawthorne West Liberty Jones Chicago and New York. Third and second meetings held for multiple cases. Sheriff attaches C M Rothchild Co New York. Judge Donohue grants attachment for H Cladin Co. firm confesses judgments totaling 30 009.

P. B. Wolf Brattleboro Henry W. Reed Canton C. A. Wright Northampton Harrington & Lowney New Bedford George A. Ordway Quincy McNamara & Kinsley Eureka Cal BE. Uf. M. Hounslow West Liberty J. C. Maurer Toys Chicago J. C. Brewster & Co Hardware Raleigh N.C F. W. Cole Hawthorne Ila W. H. Kennedy Pollard Ala Essex County Minot Tirrell Joan H. Kimball James S. Eaton Nathaniel H. Boardman Joseph C. Call John T. Bailey Frank L. Johson Edwin R. Gage James J. Murphy Lawery & Kruck Edgar R. Bailey Enoch Northend Charles P. Wells Sheriff Grant C. M. Rothchild & Co White Street New York Frm Donohue Supreme Court H. & Cladin & Co

Market Summary Auction Row Finds Mixed Signals Across Commodities

Commercial matters show steady to firm demand in lumber and millfeeds, with butter cheese and provisions firm. Eggs fall slightly while oats oatmeal and rye show modest firmness and quiet trades. Grass seeds active and apples quiet but firm amid generally unchanged prices across staples.

Lumber Market Notes and Northwest Mill Expansion

Lumber demand varies by type with Eastern, Southern, Western and Northwestern markets showing steadiness and limited changes. Northwest mill capacity, led by Wisconsin and Michigan, is expected to surge this year alongside railroad and mine development, raising pine production and mill construction along new routes.

Northwestern Lumberman Chicago Northwest Wisconsin Upper Peninsula Michigan Wolf River Vermont Indiana

Anthracite Trade See Moderate Demand and Rising Shipments

The report notes steady demand for anthracite with lower prices and little northbound movement beyond Cape Cod. Port shipments rise as the Schuylkill canal opens, Reading avoids canal routes, and weekly coal tonnage climbs from 622,119 to 666,733 tons year over year, while gas coals stay inactive.

Cape Cod The Philadelphia Ledger Tidewater Port Richmond New York Schuylkill Canal Reading Company

Market Reports March 22 Flour and Grain

Market dull with steady corn and unchanged flour prices. Steamer yellow firm at 61 1/2 cents, steamer mixed at Old Yac. Oats firmer yet quiet. railroad rate hikes slow activity. No white in elevator. track lots offered at 39 1/2 to 38 1/2 cents. Call bids show No 2 white oats at 38 1/2 to 38 3/4 cents. March and April bids and asks around 38 to 38 1/2 cents.

Chicago Farmers’ Review Illinois Indiana Missouri Kansas Wisconsin Seaboard Bush New York Boston Philadelphia Baltimore New Orleans United States Seaboard Portland Yac

Butter and cheese markets steady amid mixed farm goods notes

The report shows butter steady with firm fresh stock in Elgin at 81c with over 30 000 lbs sold. Cheese remains firm and stocks well sold. On call bids and offers list various New York Vermont Northern and Eastern prices for creams and dairy products. Potatoes, beans and seeds show varied activity with buyers’ favor and large receipts.

Elgin New York Vermont Abbott Bermuds Bermuda California Western Dairy New York Creamery Eastern Creamery Vermont Dairy Minnesota Timothy Jersey East Swale Houlton Prince Edward Island Nova Scotia

Cotton futures and spot price activity in Liverpool and New York

Liverpool cotton futures opened irregular and closed easy across several months with March at 5 2b-64d and May at 6 26-64d. Spot Upland prices rose with middling at Haltingly firm. New York spot closed firm with middling at 103 5/16 cents. Futures in New York opened steady with scattered bid and asked levels through September and December. Market totals show 12,000 bales sold and 35,000 bales received. Oil and sugar markets noted, with refined oil at 65 cents per gallon and raw sugar firm with Cuba centrifugals sold.

Liverpool Orleans New York Mapon Ecu Ns Ce Grace Cuba p_ t Manila Belmont Porto Rico Cienfuegos

Watertown Union Live Stock Market Report of March 22 1887

The Boston Post summary lists market totals for cattle sheep hogs and calves with state origins and car counts by railroad. Prices for market beef store cattle sheep and lambs plus hides tallow and skins are itemized, with notes on quality classifications and regional market notes.

Burton Lord Acoustic Kensh Veton N. E Iiss Catalpa Bonanza Eeern San Francisco Cal Alta Biaia Bulwer Mount Diablo Best & Reichs Estes Potosi Savage Crown Point Union the Gould.& Curry Utah Yellow Jacket Finle & Norcross Boston Post George J. Fox Anim N.hampshire Vermont Massachusetts Boston & Lowell Fitchburg Eastern Brighton N. B Boston & Albany Railroad

New York Flour Receipts and Exports Report

New York reports flour receipts 22 431 barrels and sacks exported 2 796 barrels 27 198 sacks sold 12 000 barrels of common to choice white wheat Western extra 460 430 dollars fancy price cited.

Florida Valencia Cephalonia Norseman Elsa Jamaica Seaverns & Co Baldwin Massachusetts Maine Greening Tallman Sweet Northern Spy Virginia Messina Palermo Malaga New York Western Extra

Also Mentioned on This Page

Aentleman Lowell Lawrence Lowell Road Central Massachusetts Worcester Nashua Rochester Rutland Common Boston & Providence Roslindale William A. Russell Mexican Central Ogdensburg Lake Champlain Chicago, Kansas & Western Southern Kansas Ironton Bell Telephone Mexican Telephone Company Central & South American Company Erie Telephone Company J. W. Bennett Old Dominion Copper Company Globe, Ann Michael H. Simpson Simpson Heirs Kiezar National Banks of Calumet & Heela Globe Arizona Mineral Belt Railroad Wilson W. Pay & Co State Street Devonshire Street Kilcaga Burlington Northern Ake, Brot & Oa H. D. Kyle Broad New Sta New York City Boston Stock Exchange BOARD NEW York Financial Michigan Stone Canada Superior Canada Canada Western Y Bush St. Andrew Hubbard Lord Choice Quarty Coal Trade Watertown Union Live Telegraph
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