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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 11, 1888

Page

6

Money market quotes and stock results in Boston trade

The Boston money market remained quiet with rates near 2 percent for loans and 4 to 5 percent with collateral in general. Clearing balances were $12,945,897, down from last year. Bond sales totaled $115,800 with notable activity in Atchison and Chicago Burlington & Quincy. The Bank of England raised discount rates to 8 percent, and U S treas ury gold and silver holdings are listed. The stock market opened strong but finished weak with heavy selling, Atchison and Wisconsin Central details, and notable entries on Boston, New York, and California markets. Mt Desert and Frenchman’s Bay land activity buoyed by railroad and tourism prospects. Copper firms and exports noted with Mexico copper figures and French contracts.

Boston York St. Louis Sight Telegraph Eisco Vannah W York Chicago San Fran- New Orleans Bank Charleston United States National Bank Treasury Department Bank of England Imperial Bank of Germany Belmont Co Atchison Topeka Burlington & Quincy R. O. Ts Chicago, Burlington & Aner the Tribune Comny Cleveland & Canton Preferred Canton Lood Fitchburg W. J. Rotch Ae Bedford George N. Smalley Bostiany Bosny O. Chapman Rotch H. CO E. Coffin Albert van Araees Apey Clever O W. Edwards Union P Pacific Union Pacific Railway Company Adams Wisconsin Central New York Commercial Bulletin Northern Pacific Los Angles San Diego California Southern Burlington Uiney Moxion Central Pullman New York & New England E Preferred Boston & Albany Boston & Providence Boston & Lowell Oregon Sonora Chicago, Kansas & Western Lamson Bell Telephone New England Bears West End Hyde Park Norfolk Street Railway Company Messrs W. E. L. Dillway M. M. Cunniff Frenchman’s Bay Frenchman’s Bay Land Company Washington Lanoine & Mt. Desert Land The Stock Exchange Mt. Desert Boston & Maine and Maine Central Mt. Desert Ferry Bar Harbor Frenchman's Bay Sullivan Harbor Boston & Montana Osceola Franklin Mexico Liverpool Swansea France French Metals Company Société Des Métaux Boston Stock Exchange MNING Atlantic Catalpa Central Kearangt Cereree . National Aspinwall Rein Boston Wi Tye Boylston Ampobello Cove French Bay Ain Payson Treeee Penobscot Topeks Fay West End Winthrop Wollaston Atchison Istes L. G Tao Chi. Kua & W Con M. St. P Wis Elk C. B K. C N. E Werte Usg4 L. Ea Con Do Inc Do ‘Tex Do S. F Ener Atch Alantic Boston & Alb Boston & Roma Oston & Main Oston & Prov Southern Central of Mass Cleve Sp. & Cin Creerse Flint Pp

Dividends Declared at Allen Gymnasium

Allen Gymnasium declares dividends of 242 percent payable July 16.

Allen Gymnasium

Boston Stock Exchange Auction Sale Highlights May 12 1888

Auction list outlines numerous shares, bonds, and corpora te securities from First Nod to Colorado Coal firsts. Includes Eastman Kodak? No, see New Mexico & So. Pacific RR, Oregon Short Line, Middlesex Railroad, and various banks and manufacturing firms with par values, lots, and assignee orders. Also references New York stock sales May 10 with total volume 291,741 shares and price ranges.

McKay Metallic Fast East Boston Land Co Adm New Mexico & So. Pacific RR Oregon Short Line RR Do Tremont and Suffel Andreacoggin Mill Do Concord RR Yt. & Mass Conn. River Cheshire RR Concord RR Detroit, Law, & No R Fitchburg RR Boston Towboat Co Lombard Inv. Co Amoskeag Mfg. Co American Loan and Trust Co Union Stock Yard and Transit Co Cocheco Mfg. Co Boston Sioux City & Pacific RR Law. & No. RR Ft. Scott, Soastern & Memphis RR New York

Mining stock closing prices from San Francisco May 10

Official closing prices list mining stocks in San Francisco on May 10 led by Bodie Con 9.40, Ophir 7.6, Union Con 9.25 and Eureka Con 1.0. Other names include Nevada Queen 0.80, Gould & Curry 4.25, Yellow Jacket 0.64, Grand Prize 2.10, Hale & Norcross 3.0, and Mono 1.55. Prices shown in cents per share with occasional fractions.

Pacific Air Line Canton Steve Iowa Central Pac Ches Ohio Esee Ape C Ener C D& H East Tenn Fort Wayne Ft. W D. Seneet Hocking Val Houst Texas An. & Tex Lake Shore Boss Lou, & N. of Peers Long Island Boi Btys Bae N. Mis Man Beach Biey Mem Ch. Eee Met Levy Mich Central Atin St. A Hmgsox Ener Nash, & Chat Eere N. J. Cent Bain Onte Nor N. Cc Oregon Pittsburg Kk & W Rock Island Rome St. L St. Pal Wiis E Balgie Cen. P St. P N. Rao N. W W. Shore Adams American Wells Fargo Amado Homestake Beat & Vei Ae Navajo Buillion Ontario Col. Cen Ophir Waissen Col. Coal Pronstite Con Cal San Francisco Belcher Bodie Savasc Utah Gould & Curry Commonwealth Nevada Orth Belle Isle Hale & Aerate

Financial markets report from London and Berlin

London and Berlin market notes show Bank of England discount raised to 3 percent and money around 1141 percent. Stocks list United States issues with various prices and bonds. Bank of England bullion fell by 685000 pounds last week while reserve ratio sits at 36.08 percent. Berlin Imperial Bank reports specie gains of 11.86 million marks.

London United States Great Western Canadian Pacific Erie St. Paul Common New York Central Pennsylvania Reading Mexican Central Bank of England Berlin Imperial Bank of Germany

New York Money Market and Stock Activity May 10

Money on call ranged 1 to 2 percent with last loan at 2 and closing at 142 2. Prime mercantile paper 4 percent. Bar silver active at 92 1 2. Sterling exchange firm. Actual business 4.8614 for 60 day bills, 4.85 for demand. Government bonds dull, railroad bonds quiet. Stock list mostly heavy then fluctuated. Manhattan led gains, Texas Pacific and Reading weakened late. Bears pressed until midday then improved, final close weak near day’s lows.

New York Prime Mercantile Bar Sterling Exchange Texas Pacific New Gould Bears Manhattan Texas Pacific Kansas & Texas Chesaneake & Ohio Kansas

Charged with Dishonesty Taints Local Bookkeeper Case

Senior partner at Mesars Nicholson Frost and Co crockery dealers refused to confirm the defalcation reports. The firm will not prosecute. Allegations claim over 100 fictitious ledger entries hidden from the cash book, often uncovered when traveling salesmen returned.

Mesars Nicholson, Frost & Co Crockery Dealers No. 14 South Market Street

Cambridge D K Club Raided by Cambridge Police

Harvard student club rooms on Brattle Street Cambridge were raided around 11 yesterday by a police squad led by Sergeant Pullen. A large quantity of liquor including fifty two bottles of ale eleven bottles of lager and various rum whiskey brandy and wine was seized. One member faces a charge of maintaining a liquor nuisance.

Cambridge Brattle Street D. K

Baldwin Fleming Treasurers Attorneys Listed in Re

Athens and several cities are cited with multiple law and financial firms and partners, including Baldwin Fleming Tre., Gramling Spalding Co, Bloomberg Raphael, Arnold Am., Eichengreen Well, Horner, Barhyadt Co, Smartt Bros, Dodge Phelps & Palmer, Selz Schwab & Co, Childs Groff Co, Ringgold Co, Miller Culter Co, Hunt Co, Hinkle Nesbit Co, Dallam Son, Wallace Sloat, Childs Groff, Meinhard Bros, Salmon Dunn, Baum Co, Cahn Nickelsburg Co, and others, indicating a wide network of legal and financial professionals. The note ends with reference to a well known hotel RevERH House.

Athens W Baldwin Baldwin, Fleming & Co Tre Atlanta R Gramling Gramling, Spalding & Co Brownsville Tex A J Bloomberg Bloomberg & Raphael Bloomington Arnold Baltimore Eichengreen Eichengreen & Well Rd. Battimore H Pretzfelder Pretzfelder, Kiine Uo Baltinore A F Horner AF & J M Burlington Brown Barhyadt & Co Chaianionems Tenn M Smartt Smartt Bros & Co Chicago P Dodge Phelps, Dodge & Palmer C McLaughlin Selz, Schwab & Co C Wallace Wallace & Sloat Cleveland Childs Childs, Groff & Co Cincinnati Hinggold Ringgold & Co Cedar Rapids George Weeks Weimer Weimer, Wright & Watkins Philadelphia Penn W G Grieb J G Grieb & Sons Hiladelphia H Bell Bell, Walt & Co Reeading W Cartis Curtis, Jones & Co Richmond P J Frank Southern Shoe Company Savannah H Meinhard Meinhard Bros & Co Syracuse Salmon Dunn, Salmon & Co St Louia Joseph Baum J Baum & Co Sanrancisco Cal I Cahn Cahn Nickelsburg & Co St Joseph A T Smith Smith-Frazer B& 8 Co Nt Joseph, Mo J © Curley Tootle, Hosea Cea Atay Ala W Ullman Obendorf & Ullman Ilmington, NC Sol Bear, Jr

Commercial Matters Snapshot of Market Tones

Leather quiet and unchanged boots and shoes. Hides dull. Flour booming. Corn higher and meal higher. Oats firmer and oatmeal steady. Rye firm and rye flour quiet. Millseed in good demand. Cottonseed meal strong. Barley nominal. Hops dull. Malt steady. Batter firm. Cheese moving quietly. Beans quiet. Potatoes quiet. Hay in good demand. Rye straw firm. Poultry dull. Apples steady. Oranges fair demand. Lemons unchanged. Pork firm and quiet. Lard very firm. Beef quiet. Freed beef in fair demand. Mutton moderate demand. Lambs steady. Veals plentiful. Truck good demand. Raw sugar very quiet. Refined sugars fairly steady. Molasses quiet.

Leather and Hides Market Quiet with Low Prices

The leather market shows quiet demand and low prices across rough and finished categories. Calfskins are very quiet while union backs and hemlock sole leather remain steady or weak. Hides and splits trade slowly with varied regional quotes, including green salted and dry goods across multiple origins.

Brighton New England Buenos Ayres Montevideo Rio Grande Entre Rios

The Chicago Markets Report on Wheat and Corn

Trading in wheat was enormous after the government report. Wheat jumped 114 cents on receipt of the report before long selling tempered gains. The worst wheat conditions are in Ohio Indiana Illinois and Michigan where ratings fell from 73 percent last year to 59 percent this year. Corn remained firm on lighter receipts while oats stayed steady with light activity. Provisions were dull from open to close. The report suggests a 63 million bushel shortage versus last year.

Farnum, Reardon & Co Ohio Indiana Illinois Michigan

Boots and Shoes Market Steady With Mixed Demand

The boot and shoe market shows little change from last week as buyers thin out after sample orders. Some large orders prompt factory preparation while smaller jobbers and retailers arrive. Early fall orders, wax and hip goods, and rubber shoe contracts remain active, with prices expected higher next season.

Ealy

Apple season review shows 1887 shipments at 608588 barrels

Mesers A C Lombard's Sns release annual apple season totals for 1887 88 with 608588 barrels shipped. Exports from Boston to Liverpool Glasgow London and other ports amount to 164268 barrels, versus 306693 last year and 221763 the year prior. American ports to Liverpool total 343302 barrels.

Mesers A. C. Lombard Sns Boston Liverpool Glasgow London

Oil Shipments Data From Boston 1886 87 and 1885 86

The records show Boston oil shipments for 1886 87 and 1885 86 with totals and per port breakdown. Glasgow received 138 945 bbls in 1886 87 and 142 185 bbls in 1885 86. London 109 875 bbls in 1886 87 and 15 688 bbls in 1886 86. shipments to other ports 16 466 bbls in 1886 87 and 12 777 bbls in 1885 86. Overall annual totals and average weekly shipments for October November and December are listed, noting 6706 bbls weekly versus 18037 bbls in 1886 87.

Glasgow London Bosteen

Boston Flour and Grain Market Report May 10

Boston markets show flour and grain price moves across United States markets. Prices firm with higher quotations for flour especially Minnesota bakers and spring patents, while corn and oats trade with steady to firmer tone. several city receipts and exports noted, with notations of unusual price levels and market activity.

Market Report Highlights Varying Produce Supplies

Asparagus remains plentiful while kale spinach and other greens stay steady in demand. Peas are tight and beans show strong but uneven activity with quoted prices across multiple regions and items including Florida tomatoes and Bermuda onions.

Savannah North Carolina Florida Baltimore Chicago Bermuda St Andrews

Butter market firm for choice Western cream sales

Butter prices remain firm for choice Western cream, with small receipts and steady demand. Buyers report good arrivals finding ready sales as prices stay well sustained.

Also Mentioned on This Page

City of Toledo Brewster, Cobb & Estabrook Congress Street Kidder, Peabody & CO. Bankers Devonshire Street Mass Nassau Street Messrs Baring Bros. & Co Europe California Baineke R*i R’y & Nave Co St. Jos. & Gr. Is Qgregon Williams & CO Mining and Stock Exchange Hyannis Granite State Exeter N. H Pacific Mills Hamilton Woollen Co Newton N. Bk Newton Suffolk N. Bk N. Bk North America Do Eliot N. Bk Suffolk N. Bank Natl Bale Bank Eliot N. Bk Merchants’ N. Bk Nazi Eagle Tank Continental N. BR Douglas Axe Mfg. Co Old Colony RR Do International Bel, Tel. Co Eastman IF C. H. Co Middlesex H. RR Tiffin Yate & Town Mfg. Co de Maunt M. Ins. Co Manchester & Lawrence RR Charlestown Gaslight Co Natl Eagle Bank Winnisimmet Co Ardington Milla Lyman Mills Jamaica Plain Gaslight Co Fitcharg RR B. & Albany RR Consol Art of Vt Evansville & So Louis Metropolitan Nat. BR Kansas City Scott & Gulf RR Nebraska RR Atchison Union Depot Iuea N. E. Mige West Michigan Lumber Co Lowell Mfg. Co Laconia Mfg. Co Brokers Ny&n EP B & Mont Cevese Samson A, T&s B&a B&q T & SF Eees O Am Bell Tel Eeeet Lamoine & Mt D E.csers Wee Eee Quincy Boston Land T&sf Ee A&p Weer Bsc Ee Kbe B&p. Seewweeee Qiscserees Fitch Pref. Eanreee Ny&ne Cere Upiass Eenvese T&s F Col tricBs P. A Bell Tel C& Hoc T&s . Eenne Ceewecess Ewerte B& Eeegetee Eeneeee T&s F A&p B & Mo Nebex St L K & So Bell Eng Lamson SS East Bes Lamoine & Mtn Boston & Mont C& Hec Ridge B& L. Eerver B&n. Erree Union Pavitiec Wiscont Cacaveces Maine Pam Fastman Lamso: Store Ser. Co. Bim Pullman Palace Car Allouez Royal Go Cusi Lam Barton Bs Bene Ken Lord Aé Huron Mesnard Meter Minnesota NEW York Financial Boot and Shoe Buyers Tam Reverh House Chicago Markets Aeutoeaeer APPLE Mille Canada Superior Canada Roller St Louis Minneapolis Fiour Milwaukee Toyec Lake Detroit Auguste Na Brandywine Ottenseed Burney Canada Chiago Choice
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