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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 12, 1887

Page

6

Money Market Mixed as Rates Hold Steady at Clearing House

Trading at the money market shows ample liquidity and steady rates, with manufacturing paper at 5 to 6 percent and bank discounts around 8 to 6 percent. Call loans secured on collateral range 6 to 7 percent, while New York funds trade at a small premium. Boston equities post narrow declines amid heavy Atchison activity and chatter of bear unwinding, as several securities see mixed moves and local land shares test support.

New York

Dividend notices from rail and telegraph firms

The Concord Railroad Company declares a 6 percent dividend. The Erie Telegraph and Telephone Company directors declare a quarterly dividend of 1 percent payable November 14 to stockholders of record October 31. The Dakota Mortgage Loan Company declares a semiannual dividend of 5 percent payable October 25.

Concord Railroad Company Erie Telegraph and Telephone Company Bo Im Dakota Mortgage Loan Company

Bath Water Company First Mortgage Bonds Issued in Bath Maine

First Mortgage Sinking Fund bonds issued by Bath Water Supply Co Bath Maine in 500 pieces with coupons June and December at Boston Safe Deposit and Trust Co. These bonds are backed by city credit and a first lien on adjacent property values. Issued for street improvements with city appraisal data and population figures. For details contact Bassett Whitney & Co 72 Devonshire Street Boston.

Bath Water Supply Co Bath Maine Boston Safe Deposit and Trust Co Winner Investment Company Kansas City Boston William H. Parmenter State Street Washington Park

GrIswold and Cillett at 3 Wall Street NY

GrIswold and Cillett of 3 Wall Street, New York, listed as a business address or firm contact in a historical registry snippet.

Wall Street, New York

New York Stock Sales Oct 11 Shares Sold Report

Transactions aggregated 388000 shares. The following are the shares sold with opening, highest, lowest and closing prices today and the closing yesterday.

New York

New York Financials Mixed as Markets End Steady High

Money on call remained easy with rates 3 to 5 and last loan at 4. Government bonds dull but firm while railroad bonds quiet and firmer. The stock market opened weak but firmed, with Union Pacific down modestly yet other prices higher. New York Central fell about 1 percent in early dealings, later recovering toward the day’s high. Total day business reached 774000 with West Shore showing slight activity in rail bonds.

Ight United States National Bank Boston Stock Exchange Atchison West End Boston Bears Boston the Post Post Wall Street State Street New York Herald Louu Suares St. Paw Apostolic Kiernan Gould Bears Mexican Central Chicago Burlington & Northern News Bureau California Galveston San Diego Arizona Kansas California Southern California Southern Railroad Company Atlantic & Pacific Burlington & Quincy Chicago, Burlington & Northern Minneapolis Union Pacific New York Raceman Kansas City Memphis Birmingham Springfield Prime Mercantile Commission House Sterling Exchange West Shore 48

Financial quote roundup on railroad and trust securities

A fragmentary list shows railroads and trusts with varied bids and yields. Prices include So. Minn. five and six per cent notes, Wis and Minn issues, Denver and Rio Grande bonds, Michigan Central notes, New Orleans Pacific trusts, Texas Pacific incomes, and other bonds with modest percentages and bid quotes.

Dlouisia Missouri River Bt. Paul So. Minn Wis. & Minn Hocking Valley Denver & Rio Grande Denver& Rio Grande Western N. A Chicago Michigan Central New Orleans Pacific Trust Texas Pacific Alton & Terre Haute Mutual Union Mobile & Olio

California Mining Stocks Close in San Francisco

California mining stocks finish the day with official closing prices listed for October 11 in San Francisco. Trading activity details and closing figures are reported for the prominent mining concerns in the region.

San Francisco Cal

Foreign financial markets update from London and Paris

Consols quoted at 1026 16 for money and 1027 16 for the account. Atlantic & Great Western firsts 9 1/2, seconds 83 4, Canadian Pacific 53, Erie 26 44, Erie seconds 9 93 4, Illinois Central 120 1/2, Mexican ordinary 38, St Paul 76 1/4, New York Central 109 4 4, Pennsylvania 56, Reading 30 34, Mexican Central 13, Canada Northwest Land 2. Paris 3 per cent rente at 82 francs 2/4, exchange on London 25 francs 40 centimes. Bar silver 445 16 per ounce. 3 p.m. trading room.

At. & Pac Iowa Central Pac Ches Ohio Alton St.l. Dé P Sane Col. &H. V del. & L R. G Erie Fort Wayne Ft. W Stee Aetee Hous Texas Ses Central Seas Esas Sas Kan, & Tex Long Island A & St. Lee Ules Pacific M. d Nash Bret Bate & Miss Pilig Rock Island Texas Ee Union Pagite Va Boi Unes & Eeee Nee Eee W Btc Oregon Im Evee . Eee Pacific Mail Pullman P. Uy Ye W. Union N. W G. W St. Pe Biscoe OLL Tex. P. i Lit Rex P. R Bodie I. Belle Isle Brunswick Ontario Phoenix Concal.&valiay Tuicksilver Col Concer Wee el Cristo Gould& Curry London Atlantic & Great Western Canadian Pacific Illinois Central Mexican Ordinary St. Paul Common New York Central Pennsylvania Reading Mexican Central Canada Northwest Land Company Paris

Maine takes control of Boston and Maine system

The Boston and Lowell lines pass into the Boston and Maine company under a lease. Lowell lines become the Lowell system of the Boston and Maine. Officers stay same for now. no immediate service changes. Terminal plans for Boston not yet decided. A Cincinnati despatch notes a court ruling on director liability for misfortunes of the Cincinnati Hamilton and Dayton railroad, with assets $4,775,000 and liabilities $2,702,000.

Boston & Lowell Railroad Boston & Maine Company Lowell Company Lowell Boston & Maine Railroad C. S. Mellen H. N. Turner C. E. A. Bartlett James T. Furber Boston & Maine Boston & Maine Road Boston Cincinnati Vandeventer Court of Common Pleas Hamilton Duckworth Cincinnati, Hamilton & Dayton Railroad Yes. Stayner & Co Ramsey & Dexter Ives & Stayner C. W. Tillinghast Troy & Boston Railroad Company New York Fitchburg Road Troy & Boston Justice Ingalls

Rail line ambitions reach toward Port Jervis Summitville link

The Port Jervis to Summitville corridor plans move forward with a proposed 22 mile addition plus absorption of the Ellenville branch, creating a 90 mile system in the Delaware River Valley. The project costs about 1 million dollars and targets completion by the Hudson bridge opening. (Names and places include Port Jervis, Summitville, Ellenville, Ontario & Western, Belvidere Delaware, Lehigh Valley, Delaware & Lackawanna.)

Port Jervis Monticello New York Huguenot Summitville Ellenville Ontario & Western Road Ontario & Western Railroad Poughkeepsie Bridge Wosnseteauia Division Delaware River Valley Water Gap Bel

Market Report Shows Steady Prices Across Commodities

Commercial matters note lumber and rye flour steady while butter and cheese firm. Eggs in good demand and fresh beef firm yet quiet. Beans, potatoes, hay, straw and other staples show fair or steady demand with raw and refined sugars unchanged and molasses quiet.

Lumber market in the West shows steady demand and firm prices

The Western lumber market remains quiet but steady with firm demand for pine in the South and strong interest in flooring and stepping. Prices are steady at old levels and most orders are small. Eastern lumber shows unchanged receipts and moderate demand for clapboards and stock cleanup, while laths and spruce boards show fair demand and hardwoods stay firm in tone.

Boston Canada Indiana Vermont

New Bedford Whale Product Prices and Stocks Report

The New Bedford oil market shows quiet activity with small private sales of sperm and South Sea whale oil. Sperm oil stocks stand at 14,830 barrels and whale oil at 1,700 barrels, with whalebone stock around 142,100 pounds. Imports and exports for the week ending Oct 10, 1887 are listed by vessel and category.

South Sea Arctic Messrs. Bowes, Game & Co London Davis’ Straits United States Boston Kennard PRT

Market Reports October 11 Flour and Grain Quiet and Steady

Market notes show flour selling quietly at steady prices with no material change. Corn prices remain near last quotes with 38c in elevators and 37c on track for steamer yellow and high mixed. Cat results are quiet with light sales. Albany elevator prices reported as 3742c for No 2 white, others around 86 to 89 6/8c. Track cats similar to elevator except Albany due to large in-store supply. Inspections listed today reach 41 cars.

Albany

Grain Prices and Quotations in Mixed Market Report

Prices for corn oats and flour varied by grade with several car lots traded on call and forward bids. Notable items include steamer yellow corn at 57 to 58 cents, No 1 white oats around 38 to 39 cents, No 2 white 36 to 37 cents, and No 3 white 36 cents, with wide flour price ranges from 2.40 to 4.60 per barrel and cargo terms for export.

Minnesota Bakers Michigan New York Rollers Ada Superior Canada Rolle Canada New York Betona Eastern

Western market boosts home prices and butter meets brisk demand

The West market lift improves home demand with butter prices rising to 26c in Elgin and 25 28c elsewhere, while cheese remains steady and eggs firm. Readouts show Elgin and Utica sales, New York unchanged, and mixed wholesale quotients for beans seeds hay and potatoes with steady tallow.

Elgin New York Chicago Elgin Creamery Utica Liverpool Vermont Northern Choice Ohio Choice Northern Sage New Hampshire Choice Canada West North Bush Teday West Redtop Jersey East Swale Houlton Peerless Island Norfolk

Atlantic coast export clearances for pork and beef goods

Last week and prior weeks show steady pork and lard demand with fair trade and unchanged prices. Detailed quotations list long cuts bacon and hams, lard in pails and tierces, beef plates and mess, and fresh beef and veal prices with varied weights and quality grades.

Atlantic Coast Tbs Jean

Also Mentioned on This Page

Oregon Transcontinental Wisconsin Central Summit Branch Consolidated Vermont Chicago, Kansas & Western Ogdensburg Atchison Trust Portland Saco Frenchman’s Bay East Boston Boston Land Brookline Boylston Street Boylston Street Land Company Congress Street Topeka Fitchburg UN Pac At & Pac Inc TXSF Fre & Elk Gs G&a B& M Nitchburg S&p Bea Fsg Ces Eo Wis C Ewe Ees Anloucz Atlantic Boston & Montana Bonanza Development Brunswick Antimony Calumet & Heelan Franklin Osceola Sheees Jamarack I Land Companies Ee Aspinwall Escesseere Eee Atlantic & Pac. Inc Southern Incomes Chi Kan. & Western Chi, Kan. & Western Inc Lei Es K.C Ft. Scott & Guif Lis K.C Joe & C. Bluffs L. Rock & Ft. Smith Central Inc Scrip N.Y New Eng N. Y N Eng Oregon Short Line L. Champlain L. Chamlain Pueb. & Ark. Alley Rutland Bonota Southern Kansas Southern Kansas Inc Wis. Central Atch Te Pacific Ka &Ks. Fe Boston & Albany Boston & Owell Ane Boston & Providence Bar Central of Mass B. C Sand Cleyveland Cleve Canton Flint & P. Marq Flint & P Lo, Falls Sioux City K. C Ft. Scott & Gulf Kk. C Spring N. Y. GN Eng N. Eng Old Colony el Wis Bell Telephone Eric Telephone Mining and Stock Exchange Wilson W. Fay & Co First Board Dunkin Mining Rappahannock Mining Canseevevdces Pevenes Bonanza Catalpa Aca Allouez Mining Brokers Stormont Mining Crescent Brunswick Gol Mining Tere Eens Amer. Elec Mfg. Co Burton Car Co Eneraree Ees Sun Caee West Ind Mil T&se Allouecz Arnold Aztec Bowman iSutro T B&q Reece jAm Brun Ny&ne Bruns B&an K& Ww VY & NE P& Ark Vis Bell Cal & Hec Boylston St Brookline Land San Diego Land T&spf At&y Mass Fd Cys Sassa Kc,m&bb Nyqnh Lely Summit B& N Maverick Land Lord Acoustic Gray’s Dynamo Elee Ify NEW York Financial Wresents Alta sOphir Belcher Abe Te Potosi Crown Point Cork Asinaheen Gould & C Wery i Hale & Norcross Marquette Journal Lake Superior Marquette Escanaba St. Menace Ashland Wis Minn Baltimore Baltimore & Ohio Railroad Ohio River Garrett Mass New York & Boston Rapid Transit Company South Wrentham New York & New England Walpole South Walpole Medfield Medway Milford Lake Shore United States Car Coupler Company Jersey Central Baltimore & Ohio Reading Syndicate Imperial Bank of Canada Red River Northwest Minnesota & Northwestern Central Iowa Maine Central Road Baltimore & Ohio Road Express Southern Lines Florida Chicago & Atlantic ST. Paul Indiana Coal Railway ST. Louis Houston & Texas Central Pittsburg Denver & Rio Grande Western New Bedford Devoi Rein Kire Street Congress Square Quincy House
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