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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Nov 06, 1888

Page

6

Money Market Opens With Easy Rates In Boston

The Money Market reports a light week start with time loans 4 to 6 percent and collateral loans at 8 to 9 1/2 percent. Clearing house balances show $2,982,880 on the day while New York funds trade near par to a 10 cent discount per $1000. Boston bank statements reveal a lower reserve surplus of $1,294,371 versus $1,908,028 last week. Major securities are steady with bonds offered as listed and foreign exchange unchanged.

Boston New York Chicago St. Louis San Francisco Sight Telegraph New Orleans Commercial Bank Charleston Savannah Inc Secretary of the Treasury Reichsmarks Atchison Chicago, Burlington & Quincy Chicago, Burlington & Northern Frenchman’s Bay West End Ince Calumet & Heela Atlantic Franklin Huron Montana Butte & Boston Kearsage Quincy Tamarack Allouez National Osceola Pewabic Santa Fe Copper Company Old San Pedro Company San Pedro & Canon del Agua Jay A. Hubbell Houghton, Mich John ©. Watson Messrs. Hubbell Albert S. Bigelow W. A. Haskell Leonard Lewissohn Charles E. Coon Samuel D. Stevens Concord N. H W. Dorsey S. C. White R. W. Webb New Mexico Ironton Mining Company Montreal Federal Tontine Ashland Gogebic Range

Dividends Declared by Regional Mills and Companies

The Calumet and Hecla Mining Company declares a $5 per share dividend payable December 3. American Linen Company of Fall River declares a quarterly dividend of 6 4 percent. Osborn Mills Company of Fall River declares a semi annual dividend of 3 percent. Slade Mills Company of Fall River declares a quarterly dividend of 14 percent.

Calumet & Hecla Mining Compan American Linen Company Fall River Osborn Mills Company Slade Mills Company

Historic 1888 Bond Auction Listings and Bank Shares

Auction sales announce bonds and stocks across multiple railroads banks and mining firms led by Fitchburg RR Boston & Maine RR and Boston & Montana Copper Mining Co. with entries including New Mexico & South Pacific RR Oswego & Fox River Valley RR and Farmers Loan and Trust Co. followed by extensive broker notes and executor assignments reflecting a complex portfolio. The official report lists dozens of small lots and serials with varied denominations and maturities for sale on November 7 1888.

Fitchburg RR Pia Mass. Mutual Ins. Co McKay New Mexico & So. Pacific RR Oe Cent. RR Air Line Oswego Fox River Valley RR Farmers’ Loan and Trust Co Old Boston N. Bk Gt. Falls Mfg. Co Grand Ave. Cable RR. Co Washington N. Bank Roylston Maual Ins. Co Boston Cooperative Building Asso Cincinnati, Sandusky & Cleveland RR. Co First N. BR Chicgo & Oho River RR Boston & Montana Copper Mining Co Boston & Maine RR Boston & Lowell RR Tremont & Suffolk Mills Hamilton Mix. Co Amory Mfg. Co Bay State Livestock Co IBW Holliston Nat. Ik Holliston Mass No. America Lowell Kansas City Atlantic Cotton Mills B.& Maine RR W. End St. Ry. Coymu Metropolitan St. Ry. Co Nashua & Lowell RR Arkansas Valley Town and Land Co Lombard Invest. Co Nat. Car Co We Amoskeag Mfg. Co Lyman Mills City of Quincy M. L Louisvile Evansville & St. Louis RR

New York Money Market and Stock Close Report

Money on call ranged 2 2 ½ percent with last loan at 2 percent and close at 2 ½ percent. Prime mercantile paper 4 4 ¼ percent. Bar silver 93 8 ¾. Sterling steady at 4.84 to 4.88 on bills and demand. Stocks opened strong then dulled, finishing at day’s high. notable gains in San Francisco, Northwestern and Pullman early, then renewed strength in New England, Reading and Lackawanna. Railroad bonds steady to firm. several issues quoted with small gains and losses.

Chicago, Kansas & Western Springfield Romus Steamboat City of Worcester Limited Newburg Old Colony West End Railway Fitchburg Central Massachusetts Boston Washington Erie New England San Diego New York Prime Mercantile Sterling Exchange San Francisco Northwestern Pullman Dulness Reading Lackawanna St. Paul Denver & Rio Grande Western Indianapolis Decatur & Springfield Metropolitan St. Louis, Arkansas & Texas Galveston, Harrisburg San Antonio Chattanooga

United States Stocks Race Through Mixed Firsts and Seconds

London notes show mixed results with United States 45 130 and Atlantic Western firsts, while Great Western seconds and Mexican ordinary also trade. A fragmented report lists various figures including St Paul common and New York Central with unclear context.

London United States Great United States van Pacitt Eve St. Paul New York

Reading and Paris Money Rates Report

Financial items show 112 percent in Pennsylvania and 56 percent in Reading with 2 percent money. Open market rate for short bills is 3.36 percent. Paris advices quote 3 percent rentes at 82 francs 45 centimes for the account at 1 30 p m.

Pennsylvania Reading Paris

Questions and Debates Over Temple Street Widening Project

The reservoir lot sale prompts questions about the citys obligation to support the States plan to widen Temple street and related improvements. Proposals outline removing upper Temple street near Mt Vernon street and shifting the route to create a 40 to 50 foot wide corridor with impact on adjacent houses. If approved, the project would extend from Temple street toward Cambridge and Stamford streets, costing an estimated 500000 to 1000000 dollars.

Temple Street Mt. Vernon Street Derne and Temple Streets Cambridge Street Stamford Street Green Street Eben D. Jordan Peter Graffam Beacon Dartmouth Streets Provident Institution For Savings Francis A. Brooks E. T. Eldridge Boylston Street Providence Street Jere M. Watson M. A. Temple West Chester Park Huntington Avenue William Hilton 8. L. Lewiss Newbury Street Elizabeth Derby A. Chapman Charles Street Pinckney Street Clara A. Hubbard Pp. M. Sullivan Yarmouth Street C. C.J. Spear Clarendon Street E. A. Organ Warren Street Commonwealth Avenue W. Jordan Roxbury Reuben E. Demmon Howard Clapp Moreland Street William Burke J. R. Magullion Zeigier Street Charlestown Ann M. Herrick Joseph Kelley Princeton Street W. Prior, Jr P. Mead High Street James J. McNamara Bone Bunker Hill Street W. Lowe Ellen Desmond Pear Street Lucy Dudley and Magnolia Streets Rexander Avenue Dorchester Franklin Savings Bank and Boston Safe Deposit and Trust Company Lymane J. Feldman Windsor Street A. Blight Unitarian Society Elm Hill Street C. R. Whitcomb Poplar Street Washington Street F. T. Forsal Riverdale Street Raymond Street J. McCormick Mary Mulloy Wexford Street Market Street John Lately Martin Crosby Custer Street Ballard Street Brown and Fisk Peter Barker Boynton Street South Street A. 8. Drisko E.o'dell Devon Street F. A. Noyes M. Dyer Betram Street Neponset Avenue R. Ryan Margaret Dennis Lincoln Street K. D. Thomas Ottawa Street Sherman J. T. Hines S. H. Jackson Centre Street Richards Olneyaigeel J. W.hitaker Joseph Kline Minot Street Adams D. J. Goss Haven Avenue Blue Hill Street W. A. Macauley J. A. Macauley Hopkins Street Corbett Street D. A. Chute Harris Court Peterson & Co F. A. Richardson

Boot and Shoe Buyers in Town

A roundup lists buyers from multiple cities including Atlanta Baltimore Dallas Galveston Lexington Macon Memphis Meridian Mobile Montgomery Nashville and St Louis. Representatives named include Gramling Horner Pretzfelder Howell Breath Goodbar Vogel Rothenberg Stern Throne Riddle Herman Laird Schafer Curley among others with firms in wholesale shoe trade.

Atlanta R Gramling Gramling, Spalding & Co Baltimore Horner AF &J Horner & O H Pretzfelder Pretzfelder, Kline & C Dallas Tex J Howell Howell Bros B & S Co Galveston F Breath PJ Willis & Bro Ad. Bassett of & Bassett & Sons Lexington Macon W R Singleton Singleton & Co Memphis Tenn A B Goodbar EJ Carrington Goodbar, Love & Co Tre C H Vogel W V Hill Hill & Ons Meridian Miss M Rothenberg Marks, Rothenberg & Co Mobile Ala M Wollner Wollner & Lowenstein Stern & Co Carter, Dunbar & Franklin Carter Co Nashville Nance & Adam W & Manier J W Manier & Son E. Y Nashville Riddle Weil. Connell & Riddle U .S Herman Herman Bros. Lindanes & Co Pittsburg Penn M Laird St Louis

Nervousness Promoted by Acute Rheumatism Treated

Dr W Hanscome of Minneapolis reports using Horsford's Acid Phosphate in a rheumatic convalescence case. He notes relief from sleeplessness and articular symptoms, with positive results observed in the patient.

Horsford W. ©. Hanscome Minneapolis Minn

Market notes show mixed demand across farm commodities

Flour is dull while corn and oats stay quiet. Potatoes and poultry show fair to good demand. Apples, oranges, chestnuts, grapes move at varying levels. Hogs and beef products are mostly steady. pork and tallow unchanged. Overall irregular agricultural trade activity.

Wheat Market Firms Then Softens On Short Covering

Chicago grain desk reports wheat opened firmer as shorts bought, lifting prices 1½ cents from the open before selling pressure trimmed gains. A larger visible supply estimate disappointed traders, while Northwest reports indicate railroads refusing to receive wheat, suggesting manipulation. Corn prices gained on light receipts and cash demand, with oats and futures also showing mixed movement across New York and St Louis closes.

Chicago Farnum, Reardon & Co Shorts Northwest New York St Louis

Boston Grain and Flour Prices and Stocks Report

Boston markets show stocks in Chicago and Boston elevators for Oct 28 to Nov 5 1888 with Wheat Corn Oats Rye Barley and flour prices. The report covers New York Milwaukee Detroit St Louis Chicago Minneapolis and shipper quotes, with prices for butter cheese beans potatoes and poultry.

Chicago Vce Cece Wasn Cee Sane Boston Bush, Bush, Bush, Corti Minnesota Michigan Canada Superior Canada Roller Canada New York City Mills City Mall State St Louis Milwaukee Detroit

Elevators report No 2 white stock and market quotes

The No 2 white stock on hand totals 163 561 bushels with 99 640 at Boston Albany and 63 921 at Tunnel elevator. Closing bids show multi month quotes for November to May and a settling price of 3 58 1 4 cents. New York and Milwaukee oat and flour markets are steady to quiet with mixed prices for No 2 white oats and various flours.

Toledo St Louis Chicago Minneapolis Ward Northern New York Milwaukee Detroit Peoria Boston & Albany Oosac Tunnel Chamber of Commerce Uiet State Bush

Banana Steamers Arrive for Boston Fruit Company

The Marmion bound from Jamaica with bananas is due November 7 for the Boston Fruit Company. The Lorenzo D Baker from Jamaica with fruit is due November 15 for the same company.

Banana Steamers Marmion Jamaica Boston Fruit Company Lorenzo D Baker Jamaica Fruit

Provisions Market Ends Mixed as Packers Move 8500 B

In Chicago provisions opened firm but cooled, closing below Saturday. Packers bought 8500, shippers 300, left over 300. Estimated receipts for Tuesday about 14,000. Pork demand steady with prices near last noted. long cuts around 1850, short 1850 to 1900, backs 1860–1900.

Chicago

Also Mentioned on This Page

Assenger Lan’ous Union Pacific California Southern Pullman Palace Cleveland & Canton Oregon Short Line Flint & Pere Marquette Atlantic & Pacific St. Loui Man Amir Detroit, Lansing & Northern City Fort Scott Clinton Mexican Central Guadalajara San Luis Eeosteeves Do Dedham N. Bk Adm Merchants’ N. Bk City OF Blake Bros. & Company State Street Nassau Street Kidder Peabody BRO Devonshire Street Philadelphia Boston Stock Exchange Ee NY &Ne S.seee Mex & S Pac Neee Am Bellel Erie Tel Ee Lamson SS Laneeveree Winthrop Land OL Bos & Mont (Copper Cal & Hecla Ever Franklin Eeewee Eevee Kearsurgée Oweeeee Eeeers Owee Ceeerersesee T&s Fe Ceees GOD Dod Csc Fitenor Flint & Fere Mar Top. & St. Ferr. Mort Manchester & Lawrence RR Do Nat. Car Co Rutland RR Consol RR. Vt Hamilton Woollen Mills York Mfg. Co Bioo Allougz Arnole Bonant Devel’t B. & Mont Siv Catalpa Lronton Eeeeee Kears .Rge Ae Seeese Eessesees Hidge Seveesees Eeee Eeare Land Companies Aspinwall Boothbay W. Erereee Brookline Campobello East Maverick Bay Newport Ceeseeeeereessees Lamoine Sullivan Topeka West Ind Eesceereseeee Winthrop Wollaston At. & Pac Sewer Cal Chi Kan. & W Do Inc Eevee Ve C. & W. Mich Wis Ing Ing. K. C T. H K. C At. & Pacific Es B Ais L. R. T C. R L. E St. L. Lin Pacific Central Pacific St. L P. D.O Oregon L. C. Con del. & H Pueb. & A Rutland del. & L R.G Southern Kan East Tenn GO Inc St. Jo G. Sonora Fort Wayne S. I Hocking Val Eree Lexus Central Seeeneee Aeei I ‘Se Tex Isi Atch Top Kings. & Pem Boston & Lowell Lake Shore Boston & Maine Boston & Prov Southern K.A Beach Eane E. Naui Cleve Canton Eeeseeeee Ae Ohio Essex Flint & PM COM J. Cent Ai” Oea Gult Boi K. Cae CL. & SD. Ceeevees K.C NY. Cent N.Y. C N.Y N.E K. A Son al Eer Bell Paul Tex. Pac Neous, Tol. & O. C Eastman Utica & B. R Lamson Store Ser. Cc St. L. & P. Desasais T & & Fool Bur & Mo Tal BO Inc FIS & Mem Asker el Rappa Pullman Pal Azztec Ees Security Bonanza South Side Petroleum Boston NG Bruns Crescent Burton San Diego Land Eureka Oly N.W Hank Ken Lsts Lord VA Masa St. L. & Juke Bost & Mont Mesnard RG. W. G Eonee Butte Cal & Hec Ocean Pontiac Amarack T& 3 T& Pac Boston & Albaniit Eevee Ereere N. Pac U. P Boston & Lowe Shore N. W Chi, Burl & Nor Toby & Canton Iargos Eeees 700. 13% Mex Cenk.vseeeeres Eees Eee Gen. C. & Va Tenn. G. & A.T& Col. Trust Atlanti Oe Pacific Chi. Bur & Nor TR & Fer Mex Cent Inc.s Paeet Ear Rome NEW York Financial Foreign Financial Markets California Francisco Weer Ophir Erevr Sue & Belcher Potest Bodie Savage Choliar Sever Sierra Nevada Union Crown Point Sas Utah Gould & Curry Commonwealth Hale & Norcross Nevada Queen North Belle Isle Real Estate Transactions Boston Markets Vermont Liverpool North Choice Cher New Hampshire Nova Scotia New Brunswick Michian Island York State Méium Jersey Houlton Hebrons Bushoulton Aroostook Hebrons Aroostook Hebrons Burbanks Virginia Swale Sac Choice
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