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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 03, 1888

Page

6

Money market steadies as October disbursements push rates

Boston markets show firmer money market with rates up to 6 percent at times and New York funds at a 15 cent discount. Treasury holdings and weekly Imperial Bank figures frame a backdrop of strong financial activity including large bond offerings and aCity of Boston loan bid invite. Atchison dividend spurs panic in local stocks, with heavy trading and widespread declines across rail and related issues.

Auction Sales at Boston Stock Exchange 1888 List

Auction sales listing numerous stocks and bonds to be sold on Wednesday Oct 8 1888 by order of administrators executors and trustees across railroads banks manufactories and utilities including Michigan Central Oregon Fort Smith and Ogdensburg lines along with various mill and mercantile shares and corporate debentures from Lockwood Co to American Bell Telephone Co and related collateral notes.

Lockwood Co Waterville New England Mort, Sec. Co de Kilot Nat. Bank Dedham N. Bank Dedham Mass Hamilton Woollen Co Douglas Axe Mfg Suffolk Mfg Wainwright Mg. Co Maine Cent. RR Cheshire RR Adm A & Fort Smith RR. Co Lombard Investment Co Busell Trimmer Co Continental Mill West End St. Ky. Co Old Colony RR. Co Ogdensburg & L. Cham Fitchburg Rouland Hide and A Bank Shares Merchants Equitable Mort. Co Kansas City Boylston Nat. Bank Boston Mfg. Co Hadley Mfg. Co First N Bank Chelsea Do Merchandise. Bank Atlantic Cotton Mills Stark Mills Amoskeag Mfg. Co Do Lyman Mills Hamilton Woollen Mills Do Hill Mig. Co Fitchburg RR Boston & Maine RR. Co West Michigan Lumber Co Oakland Garden Ase Lombard Consolidated RR Do Chicopee Mfg. Co. —Ag Synchronous Ae Co N. Bk Dig Do Everett Mills Do State N. Bk American Bell Telephone Co J. Paul, Minneapolis & Manitoba Fitenburg RR Chicago, Burl. & Northern RR Lowell Mfg. Co Lawrence Mfg Boston & Ant RR Manufacturers’ Ins. Co Boston Storage Warehouse Co Boston Lead Mfg. Co Lewis Wharf Co Laconta Mig. Co Cocheco Mig. Co Nashua Mig Se & West Indiana RR Dedham Water Co

Dividends Declared by Multiple Banks and Company

Several banks announce dividends including Asiatic National Bank Salem eight percent Georgetown National Bank eight percent Bristol County Savings Taunton two percent Pacific National Nantucket 3.44 percent Ocean National Newburyport three percent Atchison Reece Buttonhole Machine Company directors declare twelve and one half percent dividend payable November fifteenth to stockholders of record October tenth.

Asiatic National Bank Salem Georgetown National Bank Bristol County Savings Bank Taunton Pacific National Bank Nantucket Ocean National Bank Newburyport Reece Buttonhole Machine Company Atchison

New York Financial Markets Show Mixed Strength In Trading

Money on call eased from 1 1/2 to 4 percent with last loans quoted at 1/2. Sterling exchange dull at 4.83% for 60 days and 4.8742 for demand. Government bonds quiet. railroad bonds active but barely steady. Stocks opened down but rallied, led by Richmond & West Point and Union Pacific, then softened after 1 p.m. before a late drift higher. Total railroad bond dealings around 1.7 million with Chesapeake & Ohio leading currency certificates. Prices generally firm to strong with several issues advancing, while some names retraced gains.

Boston New York Chicago St. Louis San Francisco New Orleans Charleston Savannah United States National Bank Imperial Bank of Germany Turner City of Dids Alfred T. Turner Mass Atchison Messrs Parkinson & Burr Burlington & Quincy Union Pacific Chicago, Arlington & Northern California Southern Oregon Short Line Atlantic & Pacific Pullman Palace Cincinnati Bandusky & Cleveland Tennessee Virginia Sonora Oregon Southern Kansas Denver Consolidated Vermont 5S Co New England Prime Mercantile Sterling Exchange Richmond & West Point Chesapeake & Ohio Reading Richmond Lake Shore Alton & Terre Haute Tennessee Coal Birmingham Lackawanna Denver & Rio Grande Western New York Central New York & Northern

New York Stock Sales Report October 2

New York stock sales show total 391,001 shares traded today. The report lists shares sold by major brokers and companies with figures reflecting market activity and liquidity for the session.

New York

London financial market report and Berlin bank balance

London quotes Consols at 96 16 for money and 96 13 16 for the November account. US 4 42s at 1108. Atlantic & Great Western firsts 43. Canadian Pacific 59 4. Erie 30 1 2. Erie seconds 104 1 2. Illinois Central 121. Mexican ordinary 50 1 2. New York Central 112 58. Reading 27. Money 342.3% per cent discount 4 per cent. Paris routes at 82 87% francs for the account. bullion into Bank of England today £46,000. Berlin shows Imperial Bank of Germany specie down 44,882,000 marks.

Allovez Seus Arnold Atlantic Bonanza Devel’t B. & Mont Cal Hecla Wee Cataipa Crescent Central Pc Franklin Z Irontone Kearsarge AL Idge Tamarack Land Companiexs Aspinwall Boothbay Boston Boston W.P Boylston Street Brookline Campobello E. Vg French Bay Maverick Newport Lamoine Payson Ae Penobscot Weer San Diego Cecseevess Quy Sullivan Evsses “Ee Topeka Westfind Vo Winthrop Cscees Wollaston Bonds Atchison L. G At. & Pao Do Inc Kan. & W C. & W. Mich Con. Vt D. D Elk H K. C Ft. 8 Silve K. C K.C C. B S. P N.Y N. E Cosvilhao Oregon L. C. Con A. V Rutland Sonora Atch Top. & S. Feve Atlantic & Pacific Boston & Albany Eree Boston & Lowell Leet Kane Boston & Maine Eves Blo Bosten & Prov Central of Mass Fitchburg M. Com Flint & P Old Colony Summit Branch Union Pacific West End Cee Telephones Am. Bell Erie Eastman Car Ween Samson Store Pullman Palace London United States Atlantic & Great Western Canadian Pacific Inois Central New York Central Reading Paris Bank of England Berlin Bank of Germany

Boot and Shoe Buyers in Town in Atlanta and Across States

Lists numerous buyers and firms from Atlanta to Baltimore and beyond, including E Butes & Co in Atlanta, Moore Marsh & Co in Altoona, Fox & Curtis in Baltimore, and many others across Pittsburgh, Cincinnati, Chicago, Cleveland, and St Louis. The notice also mentions G W Simmons & Co. at 32 to 44 North street as a source for equipment for hunters and sportsmen.

Atlanta E Kingsbery E Butes & Co J Asmith Moore, Marsh & Qo Altoona Penn—Glox Fox & Curtis Sears J Mullen, Jr Tucker, Smith & C Baltimore E D Dixon Allnutt, Nixon & Goldsborough, Craw Buffalo Tf Ramsdell S M Sweet OP Ramsdell CG MacLauchlan Selz Macon S J Coleman E B Harris ST Coleman, Burden & Co Memphis Penn J M Goodbar Goodbar & Co Tre Mt Pleasant H Strickler Onaha K Meironeot Morse & Co Portsmouth Tracy CP Tracy & Co Alase Penn A M Betknap Shumway G. W. Simmons & Co North Street

Market Report From Grain to Meat Prices

The commodity note shows mixed demand with corn and rye dull or unchanged while oats and rye flour stay steady. Meat products remain firm or steady with pork and lard strong, eggs and butter firm, and vegetables like potatoes and grapes showing active or plentiful supply.

London wool sales report shows strong demand for greasy wools

London observers noted lively activity at the wool sales on October 2 with heavy competition for greasy wools while scoured lots softened. Out of 11 726 bales offered, about 10 000 had been withdrawn to date, and prices varied by region from Victoria to New Zealand and Cape of Good Hope.

London Victoria New South Wales Queensland South Australia Tasmania New Zealand Cape Hope Natal

Lumber Market Notes at James & Abbot Lumber Yard

The James & Abbot market at 4 Liberty Square shows steady prices with fair demand for Eastern lumber and good demand for spruce. Western lumber is quiet with liberal supplies. hardwoods remain firm, especially black walnut. shingles, clapboards, and various pine products move at mixed levels amid freight tensions to Southern ports.

Hemlock Pennsylvania Canada Indiana Michigan

Flour and Grain Prices Reach Record Levels in Chicago Markets

The report details carload grain prices with domestic flour firm and rising, driven by advanced wheat. Spring patents sold at $7 per barrel equivalents, with futures and spot quotes across New York Chicago and Milwaukee. Across cereals, corn and oats show dull to steady demand, while rye and millfeed hold firm and steady demand persists for bag meal and oatmeal.

Minnesota Michigan Canada Superior Canada Roller Canada New York City Mills Chicago St Louis Milwaukee Milwauke Toledo Minnepolis Che Mar Peoria White State Choice

Butter Market Steady as Creameries Firm on Arrival

Butter market remains steady with choice fresh creameries firm and in demand upon arrival. Supply is tight while common grades are plentiful, keeping overall market conditions balanced. Sellers report a read sale upon receipt, signaling cautious buyer interest.

Also Mentioned on This Page

Roberts Scranton King of Erie West Shore Ontario & Western Jersey Central Campbell Hall Lehigh & Hudson Division Greycourt Eastern Lamson San Diego Land San Diego Land and Frenchman’s Bay Calumet & Hecla Franklin Osceola National Allouez Reil Bos & Lowell Maine Sss Oeeve Wis T&sf B & N Bs Kan & West Bs de Luc Mexican Cent Inc Ny&ne Utah West End Land B & Mont Missouri Tee Union The Boston Stock Exchange Essex RR St. Et & Lake Champ. RR Blackstone Nat. Bank Peston Gas Light Co Do Dorchester Gas Light Co Chic Bur. & Quincy Rh Metropolitan Nat. Bank Bur Mo. K. RR Ogdensburg & Lake Cham, Rk Consol. Mort Wilmington & Balt B&b Continental Nat. Bank Reece Button Hole M. Co Concord & Mont Consol Androscoggin & Kennebec Androscoggin & Kennebec RR Too Trunk Omaha & So Western RR Portland, Saco & Ports Fichburg RR Naumkeag Steam Cotton Co Second Natl Bank Atlas Natl. Bank MekKay & Bigelow H. M. Asso Merchandise Nath. Bank Concord &Mont Consol, Mort Ogdenaburg & L. Cham. RR Nashua Mfg. Co Freeman's Nath. Bank Springfield & Cinn N. Rockland Bank West Tnd &J. Ry. Co First Nat. Bank Manchester Mills Champion Lion Co Middlesex Co Pacific Mills Lowell Machine Shop Cocheco Mfg. Co Peace Rolling Machine Co West Michigan Ry. Co Current River RR Enek Freeman’s N.ick. —Dby Iea Boston & Alba Wnrr. Co. Tag Do N. Sewing Machine Co India Mat Ins Serip St. P. C P. C Adams Coe Aes American Weils Fargo Amador Ontario Rodle Leo Ophir Plutus Col. Coal Quicksilver Con. C Crown Point S. Nevada Deadwoou T Silver King Exchequer Sutter Creek Bo Hock Tenn. C Homestake Il Union Con Alt T. Bilisci At. & Pacific Ly & Air Line Can Pacific Sane Gan Ches Ohio Chi Alton Mn & D Col del, & H Cease Bel, & L Long Island Clit Lou Ig Lou Man Beach de Man St . Ee Dog M Nash, & Chat N. J. Cent Nor Pac NASA West Pittsburg Liich. & A Rock Island Poly Rome W. St I Tol. & O A. Hi Pacific Mail Pullman Pal W. Union G. W Erie Ads T. G. Gs N. P N. W Omaha Horse Railway Harris Bankers Devonshire Street Williams & CO A, T&s Maw & & Pan Ry & Nav Pueblo & Ark Vales Lee Ennee Lainaons San Triego Grand Rapids Duluth Minn City of Columbus Manistee Mich Clinton City of Concord N. H Ity Evansville Ind Water Works Bonds G. H. Venner & Co Congress ST Mining and Stock Exchange Rappa Aztec St. Mary Oy Sa Bonanza Lig Ling Breece South Side Bruns Wash Catalpa Winthrop Elect Burton Dunkin Eureka Everett NEW York Financial California Alta Ophir Leotf Best & Belcher A Potosl Savage Bea Ava Sierra Nevada Ceily Sle Crown Point Ee Enee Gould & Curry Commonwealth Hal & Norcross North Belle Isle Foreign Financial Markets Pittsburg, Penn A S Scott W Curtis Curtis, Jones & Co Hichaiond, Va Stern Stern & Co St Lous D H Schafer Scnater, Swarts & Co T Kelley Kelley, Goodfellow & 30 A W Allen Claflin-Allen Shoe Co W H Dittman G F Dittman B&s Co A H Clark J M Vimont Clark Shoe Co St Joseph W Noyes Noyes Norman & Co U. St Paul C Henry Foot. Schulze & Co Einstein C Smith Smith, Simmons & Peabody RB Lee Childs, Lee & Danian Rodgers Dewey Rodgers Xe Co J. HE. Carter & CO Bankers & Commission Washington St London Wool Sales Chicago Markets Farnum, Reardon & Co Ing James & Abbot Liberty Square Walstein R. Chester & GO Wholesa’e Lumber Dealers John E OCE
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