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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 30, 1888

Page

6

The Money Market and Bond Activity in Boston

The Money Market remains dull and steady with banks lending 4 to 6 percent on general time loans and 2 to 3 4 percent on call. Clearinghouse balances show 2 percent loans. New York funds trade at 5 to 10 cents per $1000 premium. Government securities near 107 to 108 percent for 4s, 127 to 128 for 4% bonds. The U S treasurer’s statement totals 690,472,097 in gold and other funds. Bond offerings today total 237,000 with several 4s and 4 1/2s issued. Stock trading is subdued with Atchison and Boston & Montana among movers. New York and Boston exchanges forecast no session tomorrow for Decoration Day.

Boston New York Messrs Blake Bros. & Co Worcester Messrs. Brewster, Cobb & Estaprook Adams, Bloaget & Co R. L. Day & Co Chicago St Louis Sanrancisco Telegraph New Orleans Bank Charleston Savannah United States Treasury National Bank Sterling Exchange Frances Eichsmarks Reichsmarks Atchison Boston & Montana Chicago, Burlington & Quincy Chicago, Burlington & Northern California Southern Atlantic & Pacific Union Pacific Wisconsin Central Wisconsin Central Company Colby Cincinnati Sandusky & Cleveland Mexican Central Mexican Statistical Bureau New England Ource Ofearn

Dividends Declared By Boott Mills Old Colony Lawrence Firms

Boott Cotton Mills Company declares a dividend of 40 cents per share. Old Colony Railroad Company declares 350 cents per share. Lawrence Manufacturing Company declares 50 cents per share.

Boott Cotton Mills Company Old Colony Railroad Company Lawrence Manufacturing Company

U S Government Bonds Offer 30-Year Extension Option

Government 4s have 19 years left. Bond buyers could sell Worcester 4s and purchase new bonds with a 30 year longer run, capitalizing 20 percent of the premium. This strategy creates a longer maturity security for holders seeking extended exposure.

U. S

Peoria Issues Bonds to Refinance Water Loan Debt

City of Peoria authorizes 100000 dollar bonds issued to refund maturing Water Loan bonds. Bonds described as a legal investment for Massachusetts Savings Banks under 1908 legislation. Signed by city authorities and filed in official records.

Massachusetts

Bondholders organize committee for Missouri Kansas & Texas bonds

A bondholders committee is forming in New York on May 23, 1888 to protect interest due June 1, 1888 on Missouri Kansas & Texas Railroad Co bonds. Members are urged to send names addresses and bond amounts to committee members Edward D. Adams Winslow Lanier Co Edward Sweet Co William Weitewright Union Trust Co William Mertens L von Hoffman Co William Strong Work Strong Co plus a list of items from recent auction sales and various stock notes and bank mentions appearing in the same notice.

Notu San Diego Messrs James Lewis & Son Newton & Montana Tamarack Calumet & Heola Quincy Lamson Missouri, Kansas &Texas Railroad Company Edward D. Adams Winslow, Lanier Co William L. Bull Edward Sweet & Co William Whitewright The Union Trust Company William Mertens J. von Hoffman & Co William L. Strong Work, Strong & Co Canada Moretgage Missouri, Kansas & Texas R.R. Co New York Winslow, Lanier & Co Nassau St Broad St N. Y William Weitewright Broadway L. von Hoffman & Co Wallst Broadst

New York Financial Summary Shows Quiet Market With Tiny Moves

In New York on May 29 money on call remained easy at 1 percent with the last loan at 14 percent and closing bids around 142. Government and rail bonds held dull to steady tones while stock activity drifted after 2:15 with minor gains in Union Pacific and declines in Richmond & West Point and Missouri Pacific before partial recoveries. Overall, prices moved little. market closed dull but near steady amid slight advances and declines across various issues.

New York Prime Mercantile Sterling Exchange New England Missouri Pacific St. Paul Union Pacific Richmond & West Point Denver & Rio Grande Western International Long Island Louinville New Albany New York Central New York City & Nortern Oregon Transcontinental Peoria Decatur & Evansville Tex Pacific Rio Northwestern Erie South Carolina

California mining stock closing prices report

San Francisco May 29 mining stocks closed with mixed results. Notable figures include Bodie Consolidated at 2.00, Chollar at 3.50, Sierra Nevada at 3.70, Gould & Curry at 8.60, Yuah at 4.20, Grand Prize 2.10, Eureka at 7.00, and Mexican at 8.16.

San Francisco Cal SAO Odmie Utah Gould & Curry Kale & Norcross Commonwealth Veces Nevada North Belle Isle NAVA Oss Ceres

Financial markets report from London and New York

May 29 London Atlantic and Great Western firsts 0%4, Canadian Pacific 50, Erie 24%, Illinois Central 122, Mexican ordinary 40 3, St Paul common 67, New York Central 108, Pennsylvania 53 4 2, Mexican Central 15 14. Open market discount 1 1/2 to 2 1/2 percent. Bullion flows to Bank of England £54,000. Paris 3 percent rentes 82 francs 80 centimes. London exchange 26 francs 28 centimes. Better feeling on Stock Exchange. continental bourses show improved tone.

Palma Ances Askoy Allouez Ji Arnold Ees Ees Atlantic Bonanza Devel't Hecla Oat Atalpa the Crescent Central Dunkin Franklin, Ener Huron Ironton Oen Kearsage Tamarack Rapinwall Boston Boylston Street Brookline Bale Campobello East Boston French Bay Maverick Newport Payson San Diego West Ind Wolaston Atchison L. G At. & Pac N. L. Ge Wik Sane Kan D.D Wis Elk. H K. C K Os J Sp. & Gs Ik .& Ft S Enwee We Ao Inc P. B Oregon S. L Pueb. & A. V Rutland Southern Kan Do Inc Sonora Union Pacific Atch To &S Alantic Pacific Boston & Albany Boston & Lowell Boston & Maine Boston & Tov Cal. Southern Maia Hai Senor Il Cleve. & Santon S.&c Fitch Flint & M. Com Drewes Oy K. C Ft. 8 Gulf G. Sp V. K L. RK B. & St. Leese Old Colony Otter Summit West End Wis. Central Eseveree Ileal Am Belleie Erie Ee Eastman Car Lamson Store Ser.Co Mining and Stock Exchange AZIWC Bonanza Catalpa Winthrop Crescent Osnar Minnesota Stan Napa Toledo London Atlantic & Great Western Canadian Pacific Erie St Paul New York Stock Exchange Bank of England Paris Exchange

Railroad matters and executive changes in 1888

Concord directors accepted the report and elected seven directors led by Fred Smyth with six others. a union with Boston Concord and Montreal was urged. Promotions include KE Ripley to traffic manager and Paul Morton to general freight agent at Burlington & Missouri. Other lines report gains, gauge extensions, and large capital plans.

Concord N. H Concord Railroad Fred Smyth Manchester Josiah Minot Benjamin A. Kimball John H. Pearson Smyth William M. Chase KE. P. Ripley Chicago, Burlington & Quincy Paul Morton Mr. Ripley Gener Ripley Star Union Line Boston General Western Burlington Chicago West Canadian Pacific Railroad Company Denver & Rio Grande Railroad Canon City Leadville Colorado St. Louis Alton & Terra Haute Railroad Company Vera Cruz) Railway Company Trafic City of Mexico Herald London Inter-Oceantec Railway Company Acapulco Vera Cruz Economista Mexicana

Navigating Lawyers and Firms Across Cities Clarified

A garbled OCR list names numerous lawyers and firms with cities including Albany Chicago Indianapolis Philadelphia and Denver. It references partners such as Pratt Wells Lytle Amsden and Murphy plus firms in several states, hinting at a broad professional directory snapshot.

Albany Buist J Yearey & K Chicago F Pratt Bowen & Pratt Mt Wells Ji PP Wells & Co

Also Mentioned on This Page

Parker, Wilder & GO Leonard Street Central Massachusetts Fitchburg Fitchburg Road New York Railroad Commissioners Oregon Short Line Northern Pacific Consolidated Vermont Chicago, Kansas & Western Louisville Evansville & St. Louis Bell Telephone Frenchman’s Bay Mt. Desert Mt. Desert Island Oothbay Bar Harbor Penobscot Campebello San Diego Bee State St Brewster Cole Estabrook Congress Street Williams & CO Boston Stock Exchange Snares Pearleatown Oston Electric Light Coutomatic Can Machine Co Inaie Srtland M Dorat Nat BarkKemiebecci Androscen Ai Algonquin Club Mort. Bonds Eastern RR Do West Eind Street RR Do Central Mining Co Toston & Malean One & Lake Champ. RR Consol. Mort Portsmouth T. Pe & Conway Rit Douglas Axe Man't Co Mckay Fast Asso Boston Tow Boat Co Sere Globe Natl Bank of Framingham Aas Adm Manchester &Lawrence RR Winnisimmer Oo Metropolitan Natl. Bank Webster Bank First Natl. Bank Portland Chicago & West Michigan RR Saco Water Iee and Machine Co N. Exchange Bk Salem Somersworth N. Bank Great Falls Union Xni Merrimack Bank Taunton Locomotive Co Wakefield Raiton Vo de Vermont & Mass. RR. Co Manchester & Lawrence RR. Co West End St. Ry. Pfd N. Bk Sonora Ry Montreal Moise, N. BK Dedham Do Tremont & Suffolk Mills Central RR Edwards Mfz. Co Home Natl Bank of Milford Milford Natl American Ins. Co Amoskeag Mfg. Co Russell Mils Essex Co Shawmut Natl Bank Newmarket Mfg Shetucket Co Norwich Conn Cheshire RR. Co. Pr Hovgison Mutual Insurance Co Eliot Nath Bank Philadelphia, Wilmington & Balt. RR. Co Fast Boston Gas Light Co Kosten & Mathie Rh. Co Merchants’ Nail Bank Ogd. & Laike Shamplain RR Scrip Pullman's Palace New Hampshire Trust Cleveland Maine Quincy, Alton & Ee Louis RR Warren Natl. Bank Peabody Merchants’ Bank Simonds Rolling Machine Co Do Consolidated RR Andover Ron Co Union Stock Yard Co Manchester & Lawrence RR Rutland RR Sted RNR Sumner Co Ona Evansville & St. Louis RR Burl. & Mio. Rivers RR Neb Globe Gas Lt. Co Campobello GOD Los Vases Cal & Hec Tamarack Oe Fitch Pref T& SF K& S Dub Con Vt M&b Nor Pac Rutland Ga He Kansas Inc Eli Tel Escae le Penobscot HeGs Sacs Caae ATSAT Mass INV Oalla Ny&n P.M. A & Pine If&s Erie Tel Eng T&s FE A&p LAY Ny& el P. M St. D. R.G N. J. C. Int Agly Ex. P. de Pac. Lsts N. W W. Shore Amador Navajo Col. Coal N. Belle Isle Con.Cal Valery Ontario Cristo el Quicksilver Hale & Nor Tenn. C NEW York Financial T. i. Seewee Pacific Roch Can Central Pac Ches Ohio Alton C & FP Boi Ley Se & Ae Ae Cleve. & Col del. & H del. & L Fort Wayne Ft. W Dewesere Harlem Houst Texas Ll Central Eee Lake Shore Hick Sbi St Rene Niles. Pac Tr. J. Cent Ate & W California Foreign Financial Markets Railroad Matters Concord Railroad Company Boot and Shoe Buyers Kiladelphia Penn E Foster T L Foster & Sons Fenedee Cal Feder of Rosenthal, Feder Say Huanciaco M Leventrilt W Rosanstock St Lean A T Smith Smith i Razer B & $ Co Richards & CO Samuel Hatch & CO Charles Barnard Centre Street Milton Old Colony RR Horatio Harris & Co., Auctioneers and Commission Merchants State Street Ponca Palermo Oranges Palermo Fiske’s Wharf Albert Howe & Co Market Street Brighton Warren Avenue Lhose Wesley P. Balch Livestock Commission Agency Devonshire Street Briarwood Wedgewood Saxon Beltownie Balch W.P. Balch Estey Organ Co Fianos Foon Strated Catalogu Tremont St Brattilebore, Vt Murdock Womer Xnee Free Surgical Hospital Wome Cornelius O’keefe Suffolk Mary O'Keefe Cornelius Corcoran Billerica Street Robert H. Clouston Morn and Sinclar Melvin Lord Mill Pond Wharf Company Howard Sinclair H. M. Burton Abrney Cuyy City Hall Board of Assessors Joshua S. Duncklee Dorchester P.O Causeway Street Murdock’s Free Hospital Murdock Liquid Food Co National Armory Springfield Masa Congress A. R. Buffington U.S. A Portland Street United States Army Jame Miller Infantry Rist John Fitzge
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