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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 05, 1889

Page

6

Money Market Moves to Easier Tone Amid Mixed Bonds

Boston money market shows easing with rates from 3 to 7 percent and New York funds at discount levels. Bond offerings totaled 91 600 with various 4s and 4% s traded. shares in Atchison and Atlantic & Pacific weaken while Chicago Burlington & Quincy remains a market leader. Evidence of reorganizational chatter surrounds Atchison, with directors to vote on revamp. investors await details and potential stock movements.

Boston New York Chicago St. Louis San Francisco Telegraph New Orleans Charleston Savannah Frances Reichsmarks Messrs August Brazil Belmonts Rothschilds Bank of England Bears Atchison Atehkison Evans Cheney Nickerson Atlantic & Pacific

Dividends Declared by Regional Banks and Firms

The First National Bank Ashburnham and The First National Bank Webster declare semi annual dividends of 2 and 3 percent respectively. York National Bank of Saco and Saco National Bank announce 5 and 8 percent semi annual dividends. Biddeford National Bank sets 4 percent. Salem Electric Lighting Company reports 1 percent quarterly. Central Railroad Company of New Jersey follows with 1 percent quarterly. New Bedford Institution for Savings declares 2 percent semi annually. Smyth Manufacturing Company Hartford posts 3 percent semi annual dividend.

First National Bank Ashburnham Webster York National Bank of Saco Saco National Bank Biddeford National Bank Salem Electric Lighting Company Central Railroad Company of New Jersey New Bedford Institution For Savings Smyth Manufacturing Company Hartford

Stock Auction Sale Listings and New York Prices Summary

A catalog of stocks to be sold by auction on October 5 1889 at 1130 p m includes many items from Nell Kay & Wigelow Heeling Mach to Boston & Prov RR and Metropolitan National Bank. Also listed are New York stock sales for October 4 with totals and daily price ranges.

Owosso Michigan Julius Frieslee Mich NeKay & Wigelow Heeling Mach Lowell Manf. Co New York National Bank Mortgage Bank and Investment Company of Fargo, Dak First National Bank

New York Stocks Hold Quiet But Firm After Bearish Pressure

Money markets tighten with 10 percent accomodations, stocks see a bear attack on trusts. Chicago Gas barely recovers, Burlington and Manhattan show strength while Cotton Oil and Sugar experience sharp swings. Bonds remain dull. total sales reach 706000 with modest declines and scattered gains across rails and utilities.

New York Cot Prime Mercantile Sterling Exchange Chicago Burlington Manhattan Atchison Louisville & Nashville Manitoba Delaware & Hudson Pullman Kansas Pacific Denver Brooklyn Shenandoan Valley

Financial Market Summary London to Paris Rates

London market notes Consols at 96 for money and 97 for account. Atlantic and Great Western firsts 347 Erie 29 3/4 Illinois Central 120 Mexican ordinary 51 St Paul common 78 1/2 New York Central 110 1/2 Pennsylvania 55 1/4 Reading 23 1/4 Mexican Central news 68 1/4 Canadian Pacific 72 Money 4 1/2 percent. Open market discount short bills 4 percent three months 4 3/4 percent. 4 p m Consols 97 1/16 for money 97 1/16 for account. Atlantic and Great Western firsts 35 Erie 30 Mexican ordinary 50 Pennsylvania 55 Reading 23 Mexican Central news 68 1/2. Open market three months' discount 4 percent. Paris quotes 3 percent rentes 87 francs 35 centimes exchange on London 25 francs 28 centimes. Bank of England bullion on balance today £29,000.

Aiange Sis Arno Eee Atlantic Bonanza Devel’t Mont Butte Boston Cal NOGA Catalpa Dunkin Franklin Huron Raarge Sevees Quincy Senet Rest Santa Fe Tamarack Ile East Cceessees Sullivan West Blind Winthrop Wollaston Atchison Peeree At. & Pac Med Do Inc L. G Lst de den Ran, & W Do’ Inc C. & W. Mich Con. Vt D. Dey Nor Pac Oregon S. L Pueb Rutland Kansas Texas Sonora Union Pacific Railei Companies Atch Atlantic & Pacific Boston & Albany Boston & Lowe Boston & Maing Boston & Prov Carr Cal. Southern Eee Ae Central of Mass Q.s Canton Do iRiver Sp. & Cin Det. LL Neeree Wena Fitenburg K.C T, Scott & Guilt K. C St. L Maine Central Old Colony Summit Branch West End Wisconsin Central Bell Eastman Car Cotton Oil Trust Vg Sin. Pneumatic Tool Co Bay State Gas Ee Burton Stoce Car Co Oston & Liverpool Co Welaings Cae Fort W Wayne Tllinois Steel Co Mt. Desert East Shore Ose Ee Ly Malden Eiedtric VO New York Despatch Co North Chi Sugar Refineries Co Houston Elec Renee Thomson Elec Westinghouse Elec. Co Wilonisimtet Co London Atlantic & Great Western Erie Illinois Central St. Paul New York Central Pennsylvania Reading Mexican Central News Canadian Pacific Paris Bank of England

Insolvency Hearings Outline Batchheller Co Debts and Creditors

The Suffolk County Insolvency Court met with Judge McKim to hear the first meeting of creditors for FE & A H Batchheller & Co showing claims over 922000 with 200 or more creditors. Assent to 75 cent composition will be confirmed. trustees named are Thomas E Proctor and Robert Batcheller. Additional notices include financial troubles for Simon Swigg & Co and W F Johnston & Co among others with varied liabilities and assignments. Nationwide and Canadian failure data show quarterly and nine month totals rising overall with large deficits and fluctuating counts.

FE. & A. H. Batchheller & Co North Brookfield Suffolk County McKim Thomas E. Proctor Robert Batcheller Simon Swigg Pitts Street Simon Swigg & Co Endicott Street Cambridge W.F. Johnston & Co William Shapleigh Ward F. Johnston Henry Feindt Boots and Shoes Lykens Penn Dinman & Son Hyde Park Ill W. B. Jarvis M. M. Staples Cornish B. Bernard’s Son Summer Street Danversport Maas Edward Atkins Davis Bros Middletown Wis Patrick Boyd P. L. Cook & Son Chatsworth Warnath & Mahoney Merchant Tailors Evie N. A. Terrell Charlotteville Macdonald & Sons James B. Forsyth United States R. G. Dun & Co E. Russell & Co Mercantile Agency Canada

Rag fraud cases set for Oct. 9 in Concord District Court

The Concord District Court continued the Dunham and Orcutt reformatory officers case and the Flagg and Russell storekeepers case for fraud in their rag dealing. All parties appeared but the garment was not ready, so proceedings resume October 9 before Judge Keyes.

Concord Dunham and Orcutt Reformatory Flagg & Russell District Court Keyes

Dr. Pierce's Golden Medical Discovery Ad Claims Cures

An old advertisement touts Dr Pierce's Golden Medical Discovery as a guaranteed cure for liver bile skin and lung diseases with a refund if not. It also promises $500 to any incurable catarrh case found in Dr Sage's Remedy claim.

Pierce Golden Medical Dr. Sage

Market Report From a Local Trade Column

Mackerel scarce and codfish firm. Flour fair demand. corn dull. oats quiet but steady. Rye flourquiet. graham dull. cornmeal steady. oatmeal quiet. Rye slow. millseed steady. cottonseed meal nominal. Malt quiet. hops dull. Butter firm. oleomargarine steady. cheese quiet. Bees strong. beans slow. potatoes in good demand. Poultry steady. hay abundant. straw soft. Apples dull. oranges nominal. lemons firm. Pork steady. lard active. hogs steady. Corned beef slow. fresh beef firm. mutton steady. lambs dull. veals steady. tallow slow. molasses quiet. sugar steady.

Cloth market steady at 3 percent for 64x64s and futures

Fall River notes a quiet steady print cloth market with 3 percent activity for 64 by 64s and futures. Light sales are reported for weaker offerings.

Fall River

Wool sales record at London auction confronts varied bales

At London wool sales on October 4, buyers attended in good numbers and demand ran fairly high. Reports cover volumes from Victoria to Falkland with prices for scoured, greasy and locks and pieces in old currency, listing bales and per unit figures across regions.

London Victoria New South Wales Ueensland New Zealand Tasmania Cape of Good Hope Natal Falkland

Option markets show mixed wheat rally and dull provisions

Chicago October reports curb December at 82%%. Wheat closes firmer after early selling, with large Northwest receipts expected next week. Corn and oats show light activity while pork and lard futures hold steady amid cautious market tone.

Chicago Gilman, Cheney & Co Boston Northwest Minneapolis Duluth

Mackerel Catch Fails to Improve Despite Week of Weather

Fishing reports show no improvement in mackerel catches with storms hampering operations. Barnstable Bay sees about 100 sail and fish landed mainly off Sandwich while Block Island yields small runs. Prices vary by origin with Nova Scotia and Prince Edward Island fish selling around $18 to $27 per barrel. Jobbers report scarce supplies and limited small orders, hinting at possible imports to fill the gap.

Barnstable Bay Sandwich Block Island North Bay Nova Scotia Boston United States Gloucester Grand Banks St Pierre Mag Yarmouth Georges Round Shore Bay Shore Cape Breton Eastern Point

Also Mentioned on This Page

Stock Board Simle Atchison of Ily Faith Saint Louis Saint Francisco Chicago, Kansas & Western Chicago, Burlington & Quincy Chicago, Burlington & Northern Northwestern Burlington & Northern Mississippi River Toledo, Peoria &Western Keokuk Hannibal Rio Grande Western Railway Ptirseo Eastern New England Allouez Daniells New York Supreme Court Charles ©. Foster Sugar Trust Maryland White Lead Company Davis Chamber White Lead Company Pittsburg National Lead Trust Company Flint & Pere Marquette Railroad CO Port Huebron Central Trust Port Huron Seaboard Flint & Pere Marquette Co J. W. Mackintosh & 60 Boston Stock Exchange Milk Street City OF Buffalo Fitchburg Railroad CO Windsor Vermont Evansville Madison County, Ala Territory New Mexico Trinidad Water Works CO Havenner Pine Street Congress St Devonshire ST William W. Crapp Warren B. Potter John M. Graham Lyman Nichols John C. Paige William Claflin Robert M. Morse, Jr William T. Parker P.&. Collins Thomas F. Temple Henry L. Jewett Leggat Depository Ape Exchange Foote & French Oregon Congress Street Ighest Con Lamson Newport Dankin Serene Oscedia Tining Tararack Boston & Maine Rae Pullman Pal Boston & A Toston U. Gas Chi Mil & St. Paul Diveee Sewee Eunee Ain Beil Tel Eng Aspinwall Land West End Land Baia Fe N.Y Coorg West End Ley Elec Seaeer Ug Do Tr. Sec. Ses. C Miscellaneous Stock Exchange Reeve Button Hole Machine Co Kansas City St. Joseph Boston Belting Co American Screw Co Providence R. I Stony Brook KR Laconia Mani. Co Denison Land & Investment Co Boston Electric Light Co Eye Mortgage Co Glove Nail Co Nat. Bank of Redemption State Nat. Bank Metropolitan Nat. Bank Nat. Webster Bank Nat. Bank Howard Nat. Bank First Nat. Bank of Portland Iwell Mant. Co Hamilton Woollen Co Wamsutta Mills New Belford Mass Lowell Mant, Co Heston Rubber Co Wakefield Rattan Co E. & T. Mfairbanks & Co Eliot Insurance Co Pueblo Smelting & Refining Co Showalter Mortgage Co Kay State Shoe Boston & Colorado Smelting Co Nat. Union Bank Merchandise Sat Flint Mills Burling E & Quincy Kauustead & Just Co Naumkéa Dnt Cotton Co Senaese Spremouth RR Concor Nag Bayo Bank Lynn & Boston Horse RR New Haglan Mort, Security Co Detroit Lansing & Northern RR Burl, Cedar Rapids & North Chicago, Burl & Quancy RR Kitchburg Boston Athletic Grand Avenue RR International Sutton Hole Mach, Co Wilson W. Rw & Co State Street Maverick Land Stoe Sip Robinson-Foster Burton Santa Feal Owe Ing. Ing At. & Pacific Air EL Bret Sae Koen Bey Wes Steels Pacific C. CO Ohio Alton Cin Pea Rae KR. G Fort Wayne Hocking Val Houston Lexas Central Ken Lake Shore Louis Man. Beach Loz Mens Mich Vg M Otla Nash W. Vref Ohio & Miss Iitsburg Rock Island Lois Rome, W Oar Neal Em. Am St. Po Este Southern Pacific Texas Pacific Tol O. C U. Pacific Alica & Ps Besessos Aes Eeae St. L. & Pref Seer Pacific Mail W. Union I American Etree Ees Sugar Trust Brunswick W. Debs Ps A St. P. Core St. P Kan. P KK & Lee N.d TEG Dods U. Pac W. Cons W. Shore Homestake Lest & Belcher Belcher Otle Cal Central Plymouth Con. C. & Va el Cristo Hock NEW York-Financial California Alt&isesss Ophir Best & Belcher Potosi Savage Crown Point Sierra Nevada Union Cow, Gould & Curry Yellow Jacket A. H. Batcheller Farnum, Reardon & Co Northern St Louis the Fish Trade Cleveland Miami Co Ind Fundi Wallace Co Kan Darke Co Fostoria Salida Col Iron River Lamprecht Bros. & CO Superior St Natbalk Bank OF Minot Dak National Bank of North Dakota Fargo, Dak First National Bank of Lascota First National Bank of Minot Dakota Iowa Division Burlington & Quincy R.K. Co Burlington & Quincy Pratt THE Eastern Banking CO Francis A. Osborn T. Merrihew J.C. Davis & CO Steeket John Jeffries & Sons Bevonshire Street Bammond & CO James F.C. Hyde Milk St J. French & Son Washington Street
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