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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 04, 1887

Page

6

Money Market Stays Tight as Banks Brace for Comptroller Call

Boston money market shows firm conditions with bank dealings at 7 percent at the clearing house. New York funds trade 15-16.4 cents premium. five percent issues and reserve positions shift, while specied gains widen the surplus to 2,065,914. Market trends hinge on anticipated comptroller call and weathered by optimistic bank statements.

Boston New York P.c Bks Sterling Exchange Continental Frances Reichsmarks la Bretagne Havre A. Belmont & Co Heidelbach, Ickelheimer & Co Atchison California Southern West End San Diego Boston Stock Neachance Las Vegas Flat Springs Santa Fe New Mexico Gallup Railway Age Albuquerque Texas Panhandle Las Vegas Chicago Pacific Coast Union Pacific California Ross

Dividends Declared by Multiple Companies

Banks and firms across New England and Ohio announce dividends. Mechanics' Bank Newburyport and New Bedford Gaslight report 2 percent, Fall River firms Tecumseh and Mechanics' Mill 14 and 2 percent, Morse Twist Drill 2 dollars per share, Etna Insurance Hartford 4 percent, Direct Cable 2 percent, while Fidelity National Bank of Cincinnati anticipated at least 20 percent soon.

Mechanics’ Bank Newburyport Mechanics’ Mill Company Fall River Tecumseh Company Morse Twist Drill and Machine Company Bid Bedford New Bedford Gaslight Company Etna Insurance Company Hartford Direct Cable Company Fidelity National Bank of Cincinnati

Warning Against Purported Stock in Atchison Topeka & N.Y. Fe RR

All persons are warned not to purchase any certificates dated after September 14, 1887 purporting to represent stock in the Atchison Topeka and Santa Fe Railroad. The company lacks charter authority to issue $10,000,000 of stock, a suit is pending in the U S Circuit Court District of Kansas, with no hearing or decision yet. The notice protects innocent parties from buying potentially illegal and worthless stock.

United States Circuit Court District of Kansas

Kidder Peabody Bankers Notice in 3 Cities

Kidder, Peabody & Co bankers announce stock and bond orders executed in Boston, New York and Philadelphia from their New York office at 1 Nassau Street.

Kidder, Peabody & CO Boston New York Philadelphia

Investment Bonds and Mortgages Listed in Financial Summary

A compact notice lists bonds and mortgages including Boston Cons Street Railway Chicago Bur. & No. 1st Mtge Chicago Bur. & No. Debenture Southern Kan Gulf Div ist Mtge Spokane & Palouse ist Mtge Gold Northern Pac Guarantee City of Providence Town of Randolph Mass Mercer County Ohio 4 1-2s.

Boston Chicago Kan Gulf Spokane & Palouse Northern Pac City of Providence Randolph Mass Mercer County Ohio

For Sale by Adams Blodget Co Boston Listing

A sale notice from Adams Blodget Co located at 90 Congress Street Boston. Details indicate inventory or securities offered through the Boston Stock Exchange. Further specifics not provided in the readable text.

New York Stock Sales Oct 3 Mining and Misc Stocks

Today's transactions aggregated 312 900 shares. The list shows shares sold with opening, high, low and closing prices for each item and the prior close. Prices reflect activity reported by Wilson W Fay & Co Boston.

Wilson W. Fay & Co State Street Boston New York

Market summary shows stocks weak as bears drive prices down

New York trading opened with broad weakness led by St Paul and the general list. Western Union remained firm on merger rumors while railroad bonds stayed dull. Losses narrowed late but closed near day’s lows with several listed issues and trust receipts showing small gains in select issues.

New York Sterling Exchange St. Paul Bears Western Union Baltimore & Ohio New England Richmond & West Point Lehigh & Wilkesbarre Colorado & Santa Se New Orleans Pacific Trust Ohio Southern Oregon Improvement Pennsylvania Tennessee Coal Birmingham Division

Foreign Financial Markets Update From London and Paris

In London on Oct 3 Consols traded 1019 16 for money and account. U S 4s at 127 do 414s 1114. Canadian Pacific 65 35, Erie 30Va, do seconds 102. Mexican ordinary 424, St Paul common 80V4, New York Central 11214, Pennsylvania 57, Reading 313, Mexican Central 1644. Paris at 1:30 p m shows 3 per cent venues at 82 franc 27% centimes for the account. At 2:30 p m money 342 4 per cent.

London United States Erie St. Paul New

Big railroad project connections and new line plans

The Atchison, Topeka & Santa Fe signals large future work after completing its Chicago St. Louis Denver St. Joseph extension with a focus on a Kiowa branch through San Miguel county to link with the main line east of Las Vegas Hot Springs. Additional tunneling and grades are planned toward Gallinas Canyon and a Las Vegas Santa Fe Gallup route with three major tunnels between Las Vegas Hot Springs and Santa Fe. Trains on other lines shift operations as the New Haven system changes, lighting trials for Hoosac Tunnel advance, and railroads adjust tracks and depots to accommodate freight and interchanges across Boston, Albany, Chelsea, and Baltimore paths.

Chicago & Eastern Illinois Road Chicago New York Union Pacific Northern ‘Pacific Oregon ,Transcontinental Oregon Railway and Navigation Companies Columbia & Palouse Railroad Northern Pacific Road Northern Pacific Chicago, Burlington & Quincy Wall Street Grangers Chicago, Burlington & Northern Salt Lake Los Angeles California Southern Winchester Mass San Diego California Massachusetts Maine Atlantic & Pacific Summit Branch Santa Fe New Mexican Atchison, Topeka & Santa Fe Chicago, St. Louis Denver & St. Joseph New Mexico Las Vegas Hot Springs Santa Fe Gallup Kansas Kiowa San Miguel County Atchison, Topeka & Banta Fe Black Range Magdalena Gallinas Canon Hot Springs Lee and St. Louis Pacific New Haven Re Junction Hoosac Tunnel

Court case over 173000 verdict and stock hypothecation dispute

The Cincinnati petition seeks an injunction to block Kohn Loeb Co of New York from transferring 4500 shares of Dayton & Michigan preferred stock held as security for an Ives loan. The stock allegedly belongs to the plaintiff and was wrongly hypothecated. Also noted are railroad earnings and outlooks amid a drought affecting crops.

Court of Common Pleas Cincinnati Cincinnati, Hamilton & Dayton Kohn, Loeb & Co New York Dayton & Michigan Ives New York, Rutland

Commercial matters steady markets across commodities

Flour is firm and oats steady with oatmeal quiet. Corn and rye flour hold, malt and millfeed quiet. Butter, cheese, eggs, beans demand steady. Potatoes hay straw grass seeds tallow apples pork lard hams and fresh beef firm or steady. Raw and refined sugars quiet. molasses steady. Rand for truck.

Market Reports October 3 Flour and Grain

Flour and grain markets stay firm with steady quotations. Mills slow to supply as large backlogged orders delay shipments. corn remains firm with subdued trading. OCT. 3 closing bids show various prices for No 2 white oats and mixed grains. stock tables for Chicago and New York region detail wheat, corn, oats, rye, barley, and malt inventories.

Bush Chicago New York Boston Grand Junction Hoosuac Tunnel Eesses Eeeereeses Fitchburg Constitution Wharf Minnesota Michigan Canada Superior Canada Fox New Ne Eastern

Wheat and rye production estimates for 1887 and comparisons

The Cincinnati Price Current analyzes 1887 world wheat output by region, showing European and other country totals, with 1886 and 1885 comparisons. It notes European wheat likely near last year’s level, while other nations including the U S and Canada may be about 5 percent below last year and 4 percent below average, with rye yield in major producers expected to drop from the average.

Cincinnati United States Canada India Australasia Europe

Apple crop report shows sharply reduced yields nationwide

The September government review indicates a very short apple crop in most regions with only New England and New York showing possible medium crops before a further decline. States from Maine to Massachusetts vary, Atlantic and Gulf states suffer drought and rot, and Ohio westward reports are bleak though Michigan may near average for non-bearing years. Pacific coast condition remains comparatively high with a medium crop potential.

Pacific New England New York Maine Connecticut Massachusetts Atlantic Gulf States Ohio Pacific Coast

Potato crop declines sharply in September report

The September crop report shows a nationwide decline for potatoes with the average condition at 67.8, down nearly 14 points since August. New England to Ohio report severe losses from moisture and rot, while some growers harvest early to salvage parts of the crop.

New England Nort Ohio Maine New York

Also Mentioned on This Page

Boston & Alban Boston & Lowell Boston & Maine Ste Boston & Providence Bur Northern Central of Mass C., Sand Cleveland Cleve Canton Ae Eastern Fitchbur Flint & T Mt K.C Flint & P. Marg He Scott & Ife Nt & S Maine Central Central Hee N. Eng Old Colony Rutland Falls ‘& Con Sumuinit Union Pacific Ranch Wits. Central Wis Central Bell Telephone Oni New Eng Pete Erie Telephone Lamson Store Serv. Co Pullman Palace Car Ind Oregon Pacific Mail Pullman Pal American Oil W. Union Gab N. W R.G St Erie Sue Pac W. Shore I. YO Express Companies Adams Seere American Welebs Fargo Amador Ee Jew Bodie Oem “Ags . Pheonix Brunswick Quicksilver Aain Bulwer Eee Pref. Seer Col. Coal Santiago Con. C Standard Tie Pdunkin Surinam el Cristo Tenn. C Obig H.C Wisconsin Central Kansas City Memphis Birmingham Springfield Mexican Central Oregon Short Line Chicago, Kansas & Western Denver New York & New England Sonora Louisville, Hvansville Boston & One Boston & Albany Boston & Maine Metropolitan Central Massachusetts News Bureau Hunnewell Eastern Railroad Boston & Maine-Eastern Enema Ee National City Cal Otay Ouecula Monument Cambridge East Boston Brookline Lamson Devonshire Street Nanta Fe Clarence H. Venner Congress St Harvey C. Wheeler State Streets Nassau ST Adams, Blodget & Co Congress Street Boston Stock Exchange Bell Tell Ny&ne Pine B&n Ee Am Bell Tel Cel & Hee Lamson Ss Boston W Pr T&sf At&p B& Aib B& L NY &Ne K & Wine W P Bonanza Samson B&q Ae Ol & Jjeoseee Ef Ci. & C Afc Oa KC Ny&n SE T&s FE Scrip Hi F At & Pac Mw&bbs P& Ark So Kan Beli Bonanza Ee Brookline Ee Boston Land San Dieco Ee A&p B&a Cent Mass M&b Acme Ae Nene Amoucz Rcesserorevee Montana Brunswick Antimony Calumet & Hecla Franklin Tamalack Aspinwall Cseveeses Maverick West Ind Atlantic & Pac Southern Incomes O Chi Western Chi K.C St.Joe & C.bluffs Pt. Scott & Gulf Rock & Fr. Smith Eioce Central Inc Wis. Central Mining and Stock Exchange First Board Catalpa Bowman Silver Bonanza Minin Eveesese Easveses Rappahannock Niinin Bases Saveetees Security Eese Teres Eesevrere Boston Water Power Amer Elec. Co Seereeeetreeesee Brunswick Berth Eeeebeeeeesven Atch Top Cess Rutland R. Pref Allouez Arnold Rappa Aztec Stormont Bowman Breece Elec Brun. G’d Bur.c.co Lord Ac Mass.l.a Eimpire M. EL W Huron Mesnard Ad National Gace Gray’s Burton Db Eastman Freight Gar Eevee Ener Reese Kensington Chair Nantucket Vay Nn Alt & T.H KR & Rrees Central Iowa Ches Alton del. & la Den R. G East Tenn Hous Texas Tex Kings & Pem L. 1 Lake Shore Long Isled Lou, & N Tou. & Nets Beach Eae Goa Entral Minn St. Ea Epsex Nash Onal Mt Itis Reee Ag Tae LY Ohio & Nice Dan Koch Pitts Rock Island St. Eeee Toledo Utica & B. KR Het TOE Cee Ly B NEW York Financial Foreign Financial Markets Somerville Cary Cut Chelsea Grand Junction Railroad Albany Baltimore & Ohio Railroad Baltimore New York Times Baltimore & Ohio Railroad Company Telegraph Company Minneapolis & Northwestern Minneapolis Iowa Des Moines Cedar Rapids Council Bluffs Northwest St. Louis & San Francisco Railway Directors Illinois Central Dubuque Sioux City Buffalo, New York & Philadelphia New York & Pennsylvania Worcester Supreme Judicial Court Morton Field Devens Allen Holmes Norwich & Worcester Railroad Company Southbridge Street C,s, Williams Congress Square Quincy House JUNN Mower’s Sk Safa E.C. Davis & CO Kilby Street Louisville & Nashville Milwaukee Lake Shore & Western Penver Rio Grande Ged Rand Saas Paper Iy Fais Se A Bae Ee
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