This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 27 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Oct 15, 1889
Page
7
Bondholders are offered to exchange old mortgage bonds for new General Mortgage 4s and Income 8s with par value adjustments and interest handling. The notices specify which railroads and companies participate, surrender dates, coupon dates, and certificates payable in cash or scrip for interest and adjustments through 1890.
The report lists funds for retiring outstanding equipment lease warrants and construction of existing lines with figures of 1 445 660 and 3 554 340 dollars. It also covers mining and option market activity, including quotes from Boston and Chicago exchanges, wheat corn oats and pork futures, and closing prices for grain futures in St Louis and New York.
Subscriptions invited for 12.5 million in new General Mortgage 4 percent bonds and 100 in Income 5 percent bonds with a 10 percent cash down, 25 percent allotment, and further installments through September 20, 1890. Prefers stockholders of record as of October 15, 1889. payments to Kidder, Peabody & Company in trust until reorganization is accepted. Subscription lists close on or before November 15.
Deposits of Bonds and the Plan should be made with the Union Trust Company New York Broadway and Rector Street, which will issue negotiable certificates. Deposits can be made at J W Reinhart Atchison Company 95 Milk Street Boston who will forward bonds arrange exchange and return Union Trust Company Certificates free of expense to holders. European holders may deposit with Baring Brothers London who will effect the exchange at cost. All deposits must be made before December 15. If holders fail to accept the plan directors may exclude such bondholders from benefits and proceed with the Plan. After majority deposits directors may deal with the issue as needed.
The document records approval by the Board of Directors and outlines exchange of bonds. It lists contact points for plan blanks with names and addresses in Boston Newark New York and London for brokerages and financial firms involved in the process.
Money on call eased to 5 to 7 percent with last loan at 6 and government bonds dull. Stocks opened strong but closed weak as Cotton Oil and Sugar fell notably. Atchison and Louisville & Nashville rose early then retreated. Railroad bonds stayed heavy while Manitoba Canada Pacific rose on alliance talk amid a feverish but mixed day.
The London market shows Atlantic and Great Western seconds at 5 percent and Canadian Pacific at 71.58 with mixed results for Erie and Illinois Central around 30 to 1204. Paris rentes quoted at 87.22, three month bills at 3 percent. Bank of England bullion intake today totals £270000.
Readable prices show oats and butter firm or strong while graham flour and malt lag. Apples plentiful and grapes active. Oranges scarce, lemons steady, pears fair, cranberries steady. Fresh beef very firm, other fresh meats steady, sugars active, molasses slow. Overall trading tone uneven with muted activity in several lines.
Fall River reports a quiet steady print cloth market on October 14 with prices at 34 cents per yard for 64 by 64 inch goods and strong demand for odd lot items.
London wool sales attracted good attendance with prices firm. Victoria grades rose slightly while a large offering of 10 454 bales included Victoria New South Wales Queensland and Swan River lots with mixed scoured greasy and locks and pieces prices varied across regions and classes.
At the sale of grain tables for the ensuing year and change today the majority sold at a premium of 4 575 dollars per square over the rental of 2 dollars.
The week brought no material change in the dry goods market with moderate demand and most business done by jobbers. Pleasant weather drew buyers to the market, but overall activity remained quiet. retailers, however, must stay alert.
The article notes widespread prosperity across regions with reduced stocks in many fabrics and firm prices. It cites strong current demand, cautious future expectations, and ongoing mill orders for spring fabrics while noting reduced production and idle looms in woollen and heavy-weight sectors. Purchases remain steady with prints, ginghams, and white goods ordered for next season.
The wool trade reports good inquiry from domestic manufacturers but hesitancy to buy, with transactions mostly small lots. Buyers expect lower prices though dealers resist, citing unavailable interior substitutes. Foreign supplies remain firm, sales lag year ago, and many large-line offers have been refused.
Speculation in cotton for future delivery ran high last week with large sales. The market stayed unsettled though bullish sentiment dominated at times. Frosts touched several localities with minor price effects, but New York reports remained favorable. Dry weather aided picking while spot cotton eased by a penny and demand stayed moderate. by Saturday’s close middlings priced at 105s 10 6d per cwt for uplands and gulf.
Market report shows carload grain quotes for flour and corn with 75 cars handled today. Visible stocks list October standings by Wheat Corn OGM Rye Barley across Bush/Oct dates, plus Chicago and Boston elevator totals and daily flour receipts. Price ranges reflect fine to patent grades. general market steady with moderate immediate-use demand.
Wheat and corn futures move firm with New York and Chicago receipts in the hundreds of thousands of bushels. Oats stay quiet but firm as spot markets hold, while rye flour and graham flour demand remain light. Cottonseed meal and malt markets show limited activity and steady quotes.
Receipts today include butter 667 tubs, oleo 140 pkgs, cheese 947 boxes, eggs 2157 cases, beans 1086 bbls, potatoes 27 cars, sweet potatoes 2406 bbls, hay 55 cars, straw 5 cars. Trade overall dull with varied prices for creameries. New York and Vermont dairy stable to firmer on certain grades. cheese and eggs priced across multiple regions. beans and potatoes show ample supply with regional price ranges. market tone cautious with jobbing higher.
The report lists Nor folk sales at $2 and Jersey doubles at $2.50. Bulk Jerseys and Eastern shares priced around $200 225. Hay is well supplied. common hay dull, choice hay scarce at full prices. Rye straw unchanged. prices given for various hay and straw qualities.
A market report lists wide price ranges for produce including onions at 75c and 2 37 a barrel, Spanish onions 874cc per crate, beets 35c per box, carrots 40c per box, lettuce 50c per box, peppers 1 25 per bush, tomatoes 1 1 50 per bush, cabbage 3 5 per 100 count, and Hubbard 23 per ton among others, with varieties such as parsnips, squash, and celery also priced.
Apples steady with small supply and fair demand. Gravensteins 2.50 to 3.50 per box, Western mixed lots 2.25 to 2.50, Baldwins 2.50, Snow 3.50, Michigan greens 3.00, Harveys 2.75 per barrel. Oranges Jamaica small supply 5.50 to 6.50 per barrel, Lemons Sicily quiet. Grapes well supplied with prices: Concords 25 to 35c, Isabella 25 to 30c, Catawbas 30c, New York Delawares small supply 4.5 to 5.0 per crate. pears Seckle 3.75, Beurre Bosc 4.50 to 5.50 per box, Quinces native 2.25 per bush, Almeria grapes 4.50 per barrel. Cranberries ample with Cape Cod 7 to 8 per barrel, 2.25 to 2.50 per crate.
Blake and Ripley sold Tokay grapes at 360 and 425 dollars, Muscats at 275 dollars, and an unknown item at 312 per box. Snow & Co offered Concord grapes at 34 cents and Catawbas at 27 cents per basket. Harris & Co plan an auction Wednesday for California grapes.
Boston apples Peabody investment Norseman had strong demand with select lots of Baldwins selling at 15 17s and others at 11 14s 6d. No Maine fruit offered.
The steamer Marmion is due Thursday with Jamaica bananas for the Boston Fruit Company. The arrival is expected to support local grocery supply and fruit distribution in the city.
Receipts today include tallow 22 pkgs beef 260 bbls pork 115 bbls lard 362 Dreas bas 2 bbls preserved popata none. New York prices show tallow strong, pork and hams weak, tierced beef slow, lard firm. Chicago notes m escolty meats active, lard steady, Cincinnati confirms steady markets with several price levels.
Kansas City reports dull cattle trading with steers at 3.25 to 3.85 and cows 1.25. Hogs close strong with heavies 3.66 to 4.74 and Yorkers 4.10 to 4.20. Cincinnati hogs active at 3.25 to 4.36. Chicago cattle receipts 18,000 with mixed markets. cattle prices steady to lower with beeves 4.60 to 4.80 and steers 2.80 to 4.40. Sheep receipts 10,000 steady at 3.50 to 4.75, lambs 4.65 to 6.65.
Cotton in New York shows steady sales at 147 bales for uplands and Gulf varieties with ranges from 7% to 10% in middling and low middling. Futures opened steady and closed easy as opening and closing quotes are listed, with weekly table ending Saturday. Other markets report weak to barely steady tones, while American and international receipts and stocks are detailed by city.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.