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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 21, 1888

Page

6

The Money Market in Boston May 19 1888

Boston money market remains easy with daily clearing lending under $500,000. Rates on call funds range 2 to 5 percent, with collateral loans 2 to 4 percent. New York funds show premiums, and government securities rise. New York bank reserves and specie increase while loans shrink. Clearing-house exchanges and foreign exchange rates noted amid a sluggish stock market and mixed railroad earnings outlook.

Boston State Street New York Chicago St. Louis San Ranaseo New Orleans Commercia Bank Charleston Savannah United States Frances Reichsmarks New York Bank Treasury New York City Messrs. Cordley_& Co Atchison California Southern Road Prime Mercantile Sterling Exchange Bears

Minne-ha-ha and Lamoine to Serve Bar Harbor Trade

The Minne-ha-ha steamship, overhauled and sent to Lamoine, will carry passengers to Bar Harbor and Frenchman's Bay under Captain 8 P Cousins formerly of the Boston Bangor Steamship Company. The Lamoine will support a land company seeking a wharf and holds Richard Perkins property and remainder of Cousins estate. Water Power and Boston Land updates. stock activity across the region and notes on California developments and San Diego plant plans.

Compan Purchas Richard Perkins Cousins Boston Boothbay West End San Diego Cal The New York Tribune California W. A. Holabird Sullivan Harbor Landa Company Stock Exchange Allouez Atlantic Franklin National Osceola Coreh Lake Times Calumet Hecla Smelting Company Messrs Curtis & Motley State Street Freeman ‘A. Smith Iowa Loan and Trust Milk Street Hoyt Sherman Equitable Life Insurance Company of Iowa John Sherman Wes Moines Lowa Loan and Trust Company

Utah Territory Bonds for Sale by the Loan Commissioners

Bids are invited in Salt Lake City until noon on the 81st day of May 1888 for 150 bonds of 1000 dollars each, five percent interest, redeemable after ten years, with redemption funds required. Bonds fund educational institutions, issued under territorial law, with no excess debt beyond one percent of taxable valuation. bonds are tax exempt. James Jack, Territorial Treasurer, announces further details.

Territory of Utah Salt Lake Territory Deseret National Bank City New York State of United States Legislative Assembly Governor Congress James Jack Territorial

Boston Stock Exchange May 19 1888 Auction List

Mining and Stock Exchange reports auction sales for May 23 1888 including 10 shares Manchester Lawrence RR 15 Douglas Axe Mans Co 10 K Howard Watch and Clock Co 12 rights Metropolitan NBk 40 Pratt Mans Co and 16 000 Old Colon Steamboat Co 6s with various other railroad and bank issues, plus New York Stock Exchange totals and prices.

Manchester & Lawrence RR Douglas Axe Mans. Co K. Howard Watch and Clock Co Eliot Fire Ins Metropolitan N. Bk Merchants’ N. BK Suffolk N. Bank N. Eagle Bank Suffolk N. Bk Pratt Mans. Co Adm Chi. & West Mich. RR. _Alao Vt. & Mass. Ra Boston & Maine RR West End St. Ry. Co McKay F. Asso N. XY. & Penn. Tel. Co Colon Steamboat Co Michigan Central RR Metropolitan RR Fe RR Suffolk Hamilton Cons. RR Cheshire RR Dowellin House Ins. Co Boston & Roxbury Mill Corp Boylston Mutual Ins. Co Sugar Refineries Co Union Stock Yard and Transit Co Dwelling House Ins. Co N. Exchange Sioux City &Acific RR Atv O Cveseees Ies Summit Ee Ee Union Pacific Bae West End Eenee Ig Wis Seevess Telephones Balhcess Oy Lamson Store Ser. Co Faneuil Hall Bank Ceeerer Mechanics Metropo Alem Bank of North America Kele Bank Eeeseeese Suffolk Natl Bank Zétna Mills Euee Eeesveer Lowell Mfg. CO Ens Lyman Mills Boston & Chelsea Horse Chicago & West Mich Old Colony Bay State Live Stock Co McKay & Bigelow McKay Metallic Simpson Sioux City Iowa Tifflin Kreemans , Natl. Bank Bee Globie Hamilton Natl Eagle Bank Erssseeeret Ees Senate Ower CO Baco Ld Rattan CO Seeeers Wakefront Mass Vermo & Roxbury Mill Boston Water CO Quinceries CO Atlantic See& No Scott Palace Car

Foreign Markets Show Mixed Tone as United States Bonds Rise

London reports slight gains in some American railroad stocks amid firm merchantry. readings point to strong closes as investors favor sound securities. New York shows easy money, dull sterling, and a cautious stock pattern with a late firm tone after bank reserve data.

London Connors United States Atlantic & Great Western Erie St Paul Common New York Central Pennsylvania Reading Paris Stock Exchange Frederick Louisville & Nashville Union Pacific Northern Pacific Denver Lakeshore Central Pacific Atlantic Milwaukee

Market totals and bond moves this morning show gains

Trading was active with two hours of sales reaching 1,080,000 and Jersey Central 6s contributing 156,000. Overall market tone remained steady with advances in several issues including Indiana Bloomington and Western first preferred 7s to 112, New Orleans and Mobile seconds to 100, New York City and Northern seconds to 54, Oregon Short Line firsts to 108, and Manitoba consols to 117. Balti more and Ohio 5s fell to 107, Chicago, St. Paul and Minneapolis firsts to 112, and St. Louis, Kansas City and Northern St. Charles Bridge firsts to 103.

United States New York Hiladelphia Chicago le Oent. Louis Cincinnati San Francisco Baltimore D. Ft Yittsburg Kansas City En Orleans Woulsville Ilwaukee Minneapolis Paul Libel Jieveland Denver Columbus Tartford Eoria Ortland Aluth Pringfield S Torfolk .E.eee Wichita Worcester Lowell Byracuse Grand Rapids N.Y Boston New Yor Norfolk Syracuse Portland Grand Pids Springfield New Orleans Duluth Nis Union Pacific Flint & Pere Marquette Common Burlington & Quincy The Beacon Ton & Quincy- Burling Burlington & Northern Chicago, Burlington & Quincy Burling Quincy Burlington Joxton Era Northern Burlington & Northern Securities Ton & Quincy Burlington & Or the & Northern Forbes Burlington & Northether Chicago, Burlington Ton & Northern Burlinger Chicago, Ten & Northern Burlington Peen Legitt Boston & Lowell Massachusetts Kitchburg New England West End Mexican Central Atchison Land Grant & Western Kansas In& New England Oregon Sonora Southern Kansas Boston Gaslight Lamson Mutual District Messenger Company Frederick J. Ames James M. Prenderast Weeks Lamoine & Bar Harbor Land Company Bar Harbor Sready Advanc Jersey Central Indiana Bloomington & Western First New Orleans & Mobile New York City & Northern Oregon Short

New Summer Resort Planned for St Andrews N B

A group of capitalists formed a company to transform St Andrews into a summer resort. They purchased 600 acres and eighty town lots including Joe's Point, with 55 acres granted by the town for Indian Point and a 12 acre public park. About 80,000 spent on land, with plans to invest far more. Cottages for Americans, hopes for hotel investment, and a water supply from Chamcook Lake are underway. Key officers include Sir S. L. Tilley president and Eugene F. Fay treasurer. leading stockholders include Abram Avery, J. Emory Hoar, and Charles V. Lord among others.

St. Andrews N. B Joe’s Point Indian Point Chanicook Water Company Land Company Chamcook Lake S. L. Tilley Robert §. Gardner Rand Avery Supply Company Boston Eugene F. Fay Brookline Mass Abram Avery B. Claflin

Buyers of Shoes and Groceries Across Cities (Ongoing Listings)

A fragmentary list shows buyers and companies across multiple cities including Appleton Milwaukee Baltimore Chattanooga Cleveland Pittsburgh Philadelphia St Joseph and Saint Paul. Names include J & M Rosmelissl Patterson Ren shaw Co Phelps Dodge & Palmer Smartt Bros Co Oehmig Johnston Co and others in a dense directory of shoe buyers and merchants.

Pittabure Penn R Gregg Grogs & Elliott Pittsburg H Hilds, Jr H Childa & Co Pittsbury W Hryston Eschimerty & Co Penn--Wookersgett, Dy Philadelphia Reeve Bt Joseph A LT Smith Smith-Frazer B & §& Co Qu.st Joseph Curley Tootle, Hosea & Co Paul—O Henry Foot, Schulze & Co J E Dayton Dayton & Q

Commodity Market Snaps: Prices Steady Across Key Staples

Commercial notes show mixed stability with copper quiet and oats high. Corn, rye, flour and meal markets hold firm, while butter cheese eggs and potatoes stay in demand. Beef, pork, mutton and veal slightly varied as supply remains steady.

The Metal Market Trends In Iron and Copper Trade

The week features a sharp price drop by Thomas Iron to 18 dollars for Nol and 16 dollars for gray forge, delaying demand and triggering orders from major buyers. Southern and Western iron face market barriers, with expected further reductions and output restraint to balance the unsettled market. copper, tin, and lead show mixed activity but overall cautious trading across London and U S markets.

Thomas Iron Company Gray Forge Tide Water Pennsylvania Thomas Company Virginia Wes Pittsburg West Braddock New York Cios London Straits Spa Baltimore Jrands Gray Eglinter Summerlee Garteberry Langionn Glengarnock Collness New England Adie

Also Mentioned on This Page

York Stock Exchange New Bankenet Mint Chicago & Eastern Illinois H. H. Porter Chicago & Indiana Coal Railroad Brazil Ind Fair Oaks Chicago & Eastern Illinois Railroad Indiana Illinois Goodland Jasper County Momener Cleveland Plain Dealer Newton County Morocco Tuscola Prescott & Arizona Central Railway Prescott Arizona Central Company Atlantic Pacific Nutt Atlantic & Pacific George O. Manchester Prescott & Arizona Central Wisconsin Cleveland & Canton Utah Territory Devonshire Street Foote & French Congress Street Commission Foote & French, Bankers Stock and Bond Brokers Brokers’ Board Mining and Stock Exchange Ee L & Ig St. L St. P P. R W. Shore Bisett Boston Ae Light Co Ames Fitch Nys&ne T&s K & W Bs S . Ee Ae Do Inc M&b So Kansas Inc Wis © Inc Lamson S S Eeeees Ee Catalpa Eevee Enwae Eee Ee Osceola Esses Eeeere A&p Eeeveeeers B&q Ny&n Ked Allouoz Boral Arno Eee Alec St. Cea Bonanza Security Bowhman Sutro Tn Breece Washin Bruns Winthrop Cataipa M. Elec Crescent Ureka Dunkin Ken Hanover Lord Ac fHlumb I Mass Hinton EL Meter Ocean Minnesota Boston Stock Exchange A - Allouez Arnold Bonanza Devel't Kearsage Ridge Tambtaack Aspinwall Boston W. P Boylston Street Campobello Wollaston Ee Atchison L. G. TB At. & Pac L. G Kan. & W Bol Do Inc W. Mich M. St Elk P. D F LC . Con Ye Do Inc Pueb, & A Rutland Tex Eeveer St.Jo. & G Union Pacific OB Boesevere Pacific Boston & Albany Boston & Maine Boston & Prov Southern Cleve Canton Poe Oye & Pacific Sin Central Lawa Central Pac Hes Ohio Ease Chi Alton Bo Cleve, & Col del. & H Pel. & L Fort Wayne Ft. W Dew Sees Hocking Val Houst Texas Lake Shore Lou. & N Lou N. Ao Beach Man Enee Mioh Central Ing Pac M. & Ohio Oer Esse Nash. & Chat Northwestern Ee C. & St N. E Vanes Pittaburg Rich W.P Seta Bek Island Rome Hs Bt. L St. Paul M. Mic Prea Pacific Dala Ies Tiea & B Oregon Inn Pacific Mail Pullman Pal Union American Oil Eoeer Petroleum Mae Can. So Cen. P P.& RG Kan. P Iw ‘Oils Fargo Ae Companies Amador N. Belle Isle Ontario Cristo Yellow Jacket City OF ST. Louis Blake Bros. & CO Ace Dr.o Wulliams & C9 San Frrancisco Navajo Alta North Bellevale Rest & Belcher Ophir Rae Bodie Potosi Savage Sierra Neva Union Con Gould & Curry Foreign Financial Markets NEW York Financial Poot and Appleton, Wis J Sosmeisel Rosmelissl
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