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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 20, 1887

Page

6

Boston Money Market Gentle. Stocks Volatile at Close

The Boston money market is quiet with double-name paper 4 to 5 percent and manufacturing paper at 4 percent. Clearing balances show bank loans at 3 percent while New York funds trade around 12 percent. The Boston Stock Exchange schedules early Saturday closings as Atchison reports April earnings ahead of last year. San Diego opens up two points but fails to hold gains amid a wide market swing.

Boston New York Sterling Exchange Boston Stock Exchange New York Board Atchison Atlantic & Pacific Chicago Pacific Coast Burlington & Northern Northwestern Freight Bureau Northwestern St. Paul Wisconsin Central Manitoba Atchison and Cleveland Canton Cleveland & Canton Mexican Central Wade Mexico Guadalajara Europe el Paso Sonora 7S Ogdensburg & Lake Champain New York & New England Kiernan Herman Clark Boston & Maine Massachusetts Boston & Lowell Old Colony Exchange West End State House San Diego

Water Power stocks show strength as market eyes further gains

The market notes Water Power rising 18 to 124 percent and contemplates breaking it to 12 or lower. Traders favoring short interest imagine a squeeze while Topeka Land and Development has half its stock already applied for. The Journal also cites San Diego Land’s East success prompting Pacific Coast firms to target the market here. The Lord Acoustic Telephone Manufacturing Co plans a Boston listing with 250000 capital, 50000 shares at par five dollars. President Woodward W. Emery leads, with trades seen around 175 to 200 cents and a $2 to $3 opening on the exchange.

Topeka Land and Development Company San Diego San Joaquin International Company Lower California Boston Lord Acoustic Telephone Manufacturing Company Boston Stock Exchange Bell Woodward W. Emery James ©. Elms James C. Elms E. O. Childs Peter W. French James Harris A. R. Brown C. E. Wentworth M & Birmi Sonora Ee Bell Tel Erie Tel Eng Weewee Bonanza Sane Cal & Hec Franklin Quincy Boston Land Brookline Land Maverick Ld Wollaston Land West End Weeee A.t&sf A& Pac B& Alib BO E B&em C.B& Q Cin, San Conn & Pass B& PM Ween Fitchburg Ae Koc Rp&m At & Pac L, Ey & St Gs Eastman Ly Ee Bonanza Cai & Hec Boston Ld Boston W P Ben B&q Cley & Cant Ny&ne E & St L Ae Eastman C H Co Sly N Tel Ae Donkin Mining Ave E Boston W P Campobello Ld Gly Frenchman's Law Maverick Li West End Land Wollaston A, T&s Fe B&l B&m Ae &Cc B&q C&w NY M Eee E Northern Pullman Palsae Rutland Union Pacific Wis Cent Air L. Oc No. Iol Central Pac Ches Ohio Col Col. &H.V del. & H del. & L den. & G Erie East Tenn Fort Wayn Houston & T Ex Lou Man Mem I ‘H Gan Biel Central Daves Coe Oss Nash Chatserene N. J. Cent Pacific ORR Olio & Miss Ont West Oregon Pittsburd Dan Rock A I St. L Eer Eeeage Sien JA St. Es & C Texas Pacific Atlantic Utica St. Luke Aig Calumet Ironton Ty Osceola Eee AG Oregon Lin Pacific Mail Tamarack Pullman Pal TTS Ie Land Comaytt W. Union Aspinwall Ares Brooklineél Esascecs East Boston Land Co BONDS Maverick R.G Atchison Rye Sae Atlantic & Pacific Ite Atlantic & Pac. Inc Cal. Senter Inc Oa An Tava Tex. I . Easter Tex. Pex L. K Ft. Smith U. Pac W. Shore Ial Adams Amador Belle Isle Odie Teres Ontario Oh Og. & L. Chem Brunswick Ita! Ophir Seer Pend. & & Ark Val K.D. Co Ilcksilver Oes Ag Ralland Fs. Ey Col. Coal Santia Seourl R Stanislaus Tenn.c Ianet iv Atlantic & Pacific S Boston & Albany Boston & Maine Boston & Provil Lenge Chi East Illinois Bur. & Northern California Southern Buu Mass Sand Cleveland

Dividends Declared by Wamsutta Mills and American Express

The Wamsutta Mills Corporation of New Bedford declares a dividend of 3 dollars per share. The American Express Company declares a dividend of 3 dollars per share payable June 1.

Wamsutta Mills Corporation New Bedford American Express Company

New York Stock Sales May 19 Reported Totals

Today's transactions total 350 062 shares with a mix of U S and international issues. Prices for Consols United States bonds Atlantic & Great Western firsts Canadian Pacific Erie and Illinois Central appear among others with varied quot. Read line ends with a trailing fragment indicating incomplete data.

New York London United States Erie St. Paul New York Central Pennsylvania

New York Financial Market Faces Broad Decline Amid Active Trading

Money on call eased then firmed with 4 1/4 last loan and 4 offered. Government bonds dull. railroad bonds active but uneven. Stocks opened firm, soon slid with Western Union leading losses. overall day ended weak near day’s lows as late rally faded. notable gains and losses listed for Atlantic & Pacific, West Shore, Erie, St Paul, Denver & South Park and others.

New York Prime Mercantile Sterling Exchange New England Western Union St. Paul Atlantic & Pacific West Shore Erie Denver & South Park Oregon Improvement Kansas City & Northern Real Estate Colorado Coal Keokuk & Des Moines Firsts St. Vant South Minnesota Houston & Texas General International Firsts New York City & Northern Receipts

Atlantic & Pacific Railroad Annual Meeting Adopts Bond Issue

At the Atlantic and Pacific Railroad Company annual meeting in this city 513,046 of 748,108 shares were represented. President H C Nutt presided as directors were ratified and 518,040 votes supported a resolution authorizing the issue of up to 20,000,000 in Guaranteed Trust Gold Bonds and ratifying related traffic agreements with Atchison Topeka Santa Fe and St Louis San Francisco. New director C Burr replaces I T Burr on the board.

Atlantic & Pacific Atlantic & Pacific Railroad Company H. C. Nutt Levi C. Wade Atchison, Topeka & Santa Fe Railroad Company St. Louis & San Francisco Railway Company Mercantile Trust Company Edward F. Winslow Jesse Seligman C. P. Huntington William F. Buckley Walter L. Frost Bryce Gray William Strong C. ©. Burr B P. Cheney A. W. Nickerson George O. Shattuck Levi G. Wade C. Burr I. T. Burr

Connecticut Central Board Votes Down Equity Sale

At the Connecticut Central rail road annual meeting Judge Calhoun blocked the New England road from voting on selling the equity of redemption of the $825,000 mortgage. Henry L. Goodwin represented about 1500 shares to obtain the injunction. Directors elected: Daniel D. Warren, Russell L. Wheeler, Edward Pricket, C. C. Kimball, David Gordon, T. M. Maltby, W. S. Calvin, H. P. Stedman, J. H. Thompson, John Middleton. Warren named president, Wheeler vice president, Maltby secretary.

Hartford Connecticut Central Railroad New England Calhoun Court of Common Pleas Central Henry L. Goodwin Daniel D. Warren Russell L. Wheeler Edward Pricket C. C. Kimball David Gordon T. M. Maltby W. S. Calvin E. Baldwin H. P. Stedman J. H. Thompson John Middleton D. D. Warren R. L. Wheeler

Atchison Movements in California Signal Rail Split

Dismissal of Southern Pacific suit to condemn the old Texas Pacific right of way into San Diego suggests SP will not build into San Diego soon. A tacit division of California between Atchison, Topeka & Santa Fe and SP limits north and south expansion for three years. Tracklaying on the Riverside Santa Ana Los Angeles branch advances, with a June 15 Santa Ana target and possible extension to Los Angeles via Buena Park and Fulton Wells.

Atchison California Southern Pacific Texas Pacific San Diego Yuma Ensenader Riverside, Santa Ana Los Angeles Atchison, Topeka & Santa Fe Santa Ana Buena Park Fulton Wells

Commission circulates fifty eight railroad inquiry questions

New York May 19 The commission investigating railroads aided by the United States has circulated fifty eight questions to leading business men and shippers to clarify its inquiry into organization construction and operation of the roads. The circular invites information from any who can aid the inquiry and explains its scope. The sugar trade to the West is heating with a Canadian Pacific shipment of eight million pounds plus two million last week from San Francisco.

New York United States Congress Canadian Pacific Canadian Pacific Railroad Company San Francisco John D. Spreckels California Hawaii Spreckels

Rail and railway notes from the Atlantic seaboard

Notices cover stock issues and foreclosures on railroads including Western Union, Buffalo and Philadelphia lines, and Warren and Franklin bondholders. June sale dates, timetables, and new route assessments appear for Maine Central White Mountain line, Upper Cool railroad, and Boston and Quebec Air Line survey progress. Resignations and director elections noted for Manchester and Keene railroad.

Walter Aiken Mt. Washington Railroad Bermuda J. ©. Reiff Western Union Buffalo, New York & Philadelphia Railroad Warren and Franklin Maine Central Road White Mountain Upper Cool Railroad Colebrook North Stratford Sherburne R. Merrill Manchester & Keene Railroad W. W. Bailey Mel- Ten John H. Buttrick Benjamin Hinckley J. C.moore George Clough B. F. Kendrick J. W. Fellows Skowhegan Boston & Quebec Air Line Forks Solon Bingham Wabash Purchasing Committee Chicago J. C. Clarke Presi

Rail line operations and mileage across major systems in 1887

The report lists miles operated for Detroit Lansing & Northern, St. Louis Arkansas & Texas, Milwaukee & Northern, Louisville & Nashville, St Louis & San Francisco, Chicago Milwaukee & St Paul, Canadian Pacific, Cincinnati Hamilton & Dayton, and Norfolk & Western. It details second week May, two weeks May, and Jan 1 to May 14 figures including operating miles and revenue amounts, highlighting increases and decreases from 1886.

Detroit Lansing Milwaukee & Northern Miles Louisville & Nashville BT. Louis San Francisco Chicago Milwaukee & ST. Paul Canadian Pacific Cincinnati Hamilton & Dayton Serare Norfolk & Western

Real Estate Transfers Across Boston May 9

Lists transfers across Roxbury Allston Brighton East Boston Revere and Dorchester with buyers sellers and mortgage details. Entries include Fanny Hulbert to Michael C Shields on Regentee Street and Silas Merrill to George Robinson on Massachusetts Avenue plus several May 9 deeds and mortgages to banks and individuals.

Common Street William J. Hall Marks Berwin St. Botolph Street Henry Chadwick Et al Rachel Harris North End Savings Bank Spring Street Otis H. Weld Porter N. Bliss McLean Street Jacob Berwin Thomas C. Riley Mt. Hope Cemetery City of Boston Scots Charitable Society Chester Street Andrew G. Brietux Omens Travers Roxbury Fanny Hulbert Michael C. Shields Regentee Gertrude A. Roghaer Francis R. Roberts Parker Street West Roxpury Charles J. Page William Andrew M. Morton White Trenton Streets Meridian Eagle Streets Calvin Swallow James G. Robertson Saratoga Street Revere Daniel &. Fuller Abbie E. Hoar Malden Street Allston Silas W. Merrill George H. Robinson Massachusetts Avenue Brighton William Eaton Joseph Hubbard Howard Place

Mortgage Notices From Boston Area on May 9

Mortgage records show numerous land and buildings loans across Boston and suburbs dated May 9. Notable entries include William H Handy to Benjamin Fitch in West Roxbury for 2000 and Charles F Adams to New England Trust Company for 60000 on Commonwealth Avenue. Additional loans cover Southie N Street, Brighton Street, Huntington Avenue, Old Harbor Street, Marlboro Street, Chaucer Street, Holyoke Street, Montrose Avenue, Richfield Street, and Arlington Street with values from 4000 to 60000.

William H. Handy Benjamin Fitch Five Park Avenue West Roxbury Charles F. Adams Et al New England Trust Company Ammonwealth Avenue James R. McLellan Union Institution For Savings Woneny N Street Boston George Abbott William Minot Brighton Street Thomas J. Waldron Workingmen’s Cooperative Bank Boston Street Oramander H. Drieko Et al Essex Savings Bank Huntington Avenue William 2D. Rockwood Charles Mead Old Harbor Street Chaucer Street East Boston James Morse Charles H. Hayden Holyoke Street Anna B. Newman Boston Safe Deposit and Trust Company Montrose Avenue Roxbury John 8. D'Arcy John A. Bowen Richfield Street Dorchester Josiah F. Prescott Benjamin Franklin Savings Bank Arlington Street

Boots and Shoes Trade Activity and Outlook In Worcester County

Boots and shoes trade shows mixed demand with busy factories and large orders for fall delivery. Calf line orders are filled. high cost shoes and immediate delivery demand are stronger. Labor tensions, arbitration delays, and rising rubber prices shape shipments and future production.

Worcester County Brockton Lynn Knights of Labor Haverhill

Leather and Hides Market Report Active Yet Steady Prices

The leather market shows steady prices with good supply and fair demand across categories. Buff leather glazed kids and rough leather give mixed signals while finished calfskins and sole leather show steady activity. hides and skins vary by type with general quiet tone in some areas.

New England

Also Mentioned on This Page

Kidder, Peabody & CO Devonshire St Boston, Mass Nassau St Messrs Baring Brothers & Co British Provinces Philadelphia Basset, Whitney & Co Bankers & Brokers Devonshire Street The Iowa Water Co Water Works H. Venner & CO Congress Street F. H. Pringe & CO Milk Street J. ¥. F. Brewster Poston Brokers’ Board Hickest T& SF C, K & W Inc Cen Inc Campobello Frenchman’s San Diego Li A.t&s EB Eterna Foreign Financial Markets Railroad Companies—Co Cleve Flint Iowa Falls & Sioux Kane Smith Bousville & Evanaville Wepenels Conse M. Bell Telephone Erie Telephone Lamson Store Serv. Co Pullman Palace Car Eastman F’t Wilson W. Fay & Co State Street Ehewne Boston Water Power Cin St. Lon Crescent Peer Lord NEW York Financial Land Grant Railroads Employers’ Liability Assurance Corporation, LI OF Trustees For Oliver W. Peabody Chauncey M. Depew Esaq N. Y John Lowell Mas Endicott & Macomber Gen’s Managers Samuel Appleton New Hampshire Suffolk County
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