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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 17, 1888

Page

6

Money Market and Stock Activity Report from Boston

Boston financial desks note money market ease with moderate loan demand and 3 percent clearing house rate. Exchange totals show gains in Boston while New York volumes slip. government securities steady and treasury deposits rise. Copper shares surge with Huron leading gains as miners report robust production and possible dividends. Atchison and other rail lines announce cost-cutting and debt moves.

Dividend declaration by Union Street Railway Company

The Union Street Railway Company has declared a dividend of five dollars per share.

Union Street Railway Company

Auction Sales of Diverse Stocks on Wednesday October 17 1883

Executors and assignees order list includes 21 shares Second Nat Bank 15 Mercantile Marine Ins Co 8500 Boston Art Club 18 Dorchester Gas Co 2 Amoskeag Mfg Co 62 Michigan Central RR 50 Lowell Car Heater and Coupler 50 Arlington Mills 7 Lowell Bleachery 20 Manchester Mills 21 Boston & Maine RR 5 Philadelphia Wilmington & Baltimore RR 6 Union Stock Co Framingham 15 Northern RR 12 St Johnsbury & Lamoille Champlain RR 5 McKay Metal Fast Asso ex div 6 Gloucester Natl Bank and other collateral notes and bonds with many railroads banks and mills listed.

Second Nat. Bank Mercantile Marine Ins. Co Little Rock & F. Smith Ky. Co Boston Art Club Lmn Dorchester Gas L. Co Amoskeag Mfg. Co Boston & Maine BR Old Colony BR Chicago Bur Adm Michigan Oe RR Lowell Car Heater and Coupler Co Arlington Mills Lowell Bleachery Manchester Mills Boston & Maine RR Phila., Wilmington & Balt. RR Union St. By. Co Framingham Mass Northern RR Kasex BR Col Springfield & Cinn Boston & Roxbury Mill Corp Cotchhesset Hotel Co Wianno Osterville Fitchburg RR Old Boston Nat.bank Merchandise Natl. Bank Chicopee Mfg. Co Atlantic Ins. Co Hamilton Woollen Mills Merrimack Mfg. Co Amuskeag Mfg. Co Atlantic Cotton Mills Pacific Mills York Mf. Co Mass. Mutual Ins. Co American Ins. Co Concord Rr, Co Lombard Investment Co Oakland Garden Assn de McKay & Bigelow Fitchbure RR Chi, Burl, & Quincy RR Kansas City, Top. & Western Rr, Inc Consolidated RR Saginaw Valley & St. Louis RR Boston Stock Exchange Alloucz Arnold Atlantic Bonanza Catalpa Crescent Franklin Huron Trenton Osceola Sti Quincy Oo Ridge Uty Tamarac Land Companies Seere Ewer Aspinwall Boothbay Boston Boston W.P Loulston Street Brookline Seaeve Campobello Yrench Bay Newport Laamome Payson Penobscot San Diego Topeka West End At. & Pac Do Inc L. G St. P D. di Klk HH Lisie Ft. Boe K.U Hid C. B LIL Lili AK Sds & M L. Rt St. In Central Ieee Norrac Dov Pu. Senor Oregon A. V. Gs Rutland Ga Lone Sonora Union Pacific Atlantic & Pact Boston & Albany Boston & Lowell Boston & Maine Boston & Prov Central of Mass Tener Coun River Pel Gulf Ae

New York Market Summary on Oct 16 Money and Stocks

Money on calleasy at 2 to 3 percent and closing 3 percent. Prime mercantile paper at 4% 6. Bar silver 9342. Sterling at 4.88% for sixty day bills and 4.87% for demand. Government bonds dull. Stocks active after 2:30 with Union Pacific and St Paul leading gains. market closed quiet but firm at day’s best. Reading issues boosted railroad bonds. key gains in Denver Rio Grande Louisville Nashville Kansas Texas and others with mixed readings.

Portland & Ogdensburg Gaston Maine Central St. Johnsburg & Lake Champlain Eastern Railroad Fitchburg Preferred Central Massachusetts Common Old Colony Fitchburg Union Pacific Chicago, Kansas & Western Sonora New York & New England Southern Kansas Gulf Division Burlington & Missouri River Lamson Bell Telephone West End Boston Calumet & Heela Huron Vivian Traveiler Butte & Boston Allonez Allonez Company Stanton Minesota Mining Company Mining Exchange Minesota Calumet & Hecla Boston News Bureau Houghton Mich Boston & Montana Tamarack Quincy Franklin Atlantic Osceola Pewabie National Ridge Mesnard Aztec Pontiac New York Sterling Exchange St. Paul Lackawanna Burlington & Quincy Richmond West Point Denver & Rio Grande International Louisville & Nashville Pensacola Kansas & Texas Virginia Midland Tennessee Coal Birmingham Chesapeake & Ohio Northwestern Denver & Rio Grande Western Bay City

New York Stock Sales Aggregate 188,692 Shares

Today's stock transactions in New York reach 188,692 shares traded. The report lists the specific shares sold by various brokers and investors, detailing volumes for each party and the overall market activity for October 26.

New York

London Financial Market Report Oct 16 The Bank of England bullion balance and rates

London news records Consols at 971 16 for money and 973 16 for account. U S 43 129 and 1 2 3 4s Atlantic and Great Western 4 5 and 8 per cent Canadian Pacific 58 Erie 29 Illinois Central 120 per cent Mexican 46 St Paul 67 14 Pennsylvania 56 Reading 27 Mexican Central 68. Open market discount for short and three months bills 3 4 2 35s 4p. The Bank of England balance today shows bullion sent in amounting to 14000 pounds.

Mem & Birm Union Pacific Ss Erie Tel Hell Tel Lamason Nesbune Fag Co Weevee Frenchman’s Bay Eneere San Diego West Allouez Atlantic Mont al & Hec Franklin Kearsarge Oston & Maine Eastern Fitchburg Old Colony Oregon Ry & Nav Portland Saco & Press T&s Kan & West Ee Ny&ne Bell Tel Tamsun Aspinwall Land Brookline Topeka West End French Bay Sullivan Harbor Bonanza Allouez Selb Ee Ia Ee Central Huron Ee National Quincey Sosa Mining F & PM Ny&n Union Pacific Sace London United States Canada Pacific Erie St. Paul Pennsylvania Reading Bank of England

Railroad changes and new trains announced for Providence division

The Old Colony Railroad outlines several service alterations effective next Sunday at midnight. New Boston to Providence trains depart 12 noon and 11:40 a.m., with faster returns and adjusted timings to Dedham, Jamaica Plain, Readville, and Canton Junction. The Providence line closes for the season with a boat train to Stonington connecting to New York. New York & Northern Railroad directors are named, and a mammoth Albany Street locomotive for the Atchison railway is described as the largest passenger engine built with innovative features and ambitious speed.

Old Colony Railroad Company Providence New Bedford Mansfield Pawtucket Boston Roxbury Jamaica Plain Readville Canton Junction Dedham West Roxbury Mt. Hope Stoughton Stonington New York Hinkley Works Albany Street Atchison Railroad G. S. Story Worthington

Commercial Market Roundup Shows Mixed Trends Across Commodities

Lumber remains steady while flour stays dull and corn quiet. Oats and oatmeal hold steady, with cornmeal easing. Rye and rye flour unchanged, milifeed quiet, and cottonseed meal steady. Butter, cheese, eggs firm. beans and potatoes active. sweet potatoes unchanged. Poultry steady. game quiet. hay in good demand. rye straw firm. Apples slow. oranges lemons quiet. grapes easier. pork and lard quiet. Corned beef steady. fresh beef steady. veals slow. muttons quiet. lambs not very active. sugars mixed with raw easy and refined active. molasses firm. tallow nominal.

Lumber Market Steady as Winter Demand Grows

John E. Welsh reports lumber markets with steady demand in Northern and Eastern supplies. Spruce, shingles, clapboards, laths, and hardwoods show firm to mild activity. Western pine markets are steadier with ample supply and modest demand. prices across domains remain largely unchanged.

Pennsylvania Canada Indiana Michigan

Lumber Yard Price List Digest

Plank lengths 16 to 24 feet with cargo values from 30 to 42 dollars. Yard offers include building and bridge orders, various cargoes, heart flooring, larger sizes at modestly higher prices, and two thirds of usual yard orders. Spruce straight clear boards listed with multiple price points for first and second clears, side boards, joist and timber, framed and random stock. Vermont spruce 12 feet trimmed priced at 14 to 14.50 dollars.

London Metal Market Report

The London metal market shows firm price levels with spot and futures quoted for chili bars at £78 7s 6d, lead at £14 73 6d, and tin at £100 15s spot with £101 53 futures. GMB listing £77173 6d appears in the market brief.

London GMB

Also Mentioned on This Page

St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah National Bank Secretary of the Treasury Reichsmarks Atchison Atchison, Topeka & Santa Fe Railroad Company Street Indianapolis Car Company Manchester Locomotive Works Oregon Short Line Denver, South Park & Pacific Burlington, & Quincy Owens Pullman Palace Atlantic & Pacific California Southern Wisconsin Central Flint & Pen Marquette Kansas City Fort Scott & Gull Clinton Springfield Fort Scott Memphis Mexican Central Miles Oper’d Grossearn- VE Guadalajara Hedenspurs Maine Central Railroad Company Maine Central R. A Brewsie Congress Street Blake Brothers & Company State Street Nassau St N. Y Rolin Worse & Bro Basset, Whitney & 60 Bankers and Brokers Devonshire Street Direct Ware Williams & CO Boston Stock, Exchange Mining and Stock Exchange Tenet Old Colony RR Nat. Exchange Bank Salem Gas Light Co Do Concord Copper Co State of Maine Bur. & Quincy RR Boylston Mutual Ins. Co Sugar Refineries Co McKay Metallic Fast. Co Suffolk N. Bank Great Falls Mfg. Co First N. Bank Salem Mercantile N. Bk Maine Cent Strampscott Land Trust Co Ogsdenburg RR Falls & Conway RR Boston & Lowell RR Little Rock Junction New York & N. England RR Iso Amory Mfg. Co Cheshire RR Lyman Mills Nashua Mfg Lowell Chicopee Mfg Chicago & Eastern Mlinois South Boston RR Burton Stock Car Co Enlea Ft.s St. L N.Y New Eng Eeeer Rutland Summit Wis Bell Eastman Ee . Cole Lamson Store Ser. Co Pullman Palace Car Uw South Winthrop Cataipa Burton Everett Bo i Ken ST Humb Lord Huren Stee Napa Pacific C.K Geneen Ehee Cin Venee C. One Cleve. & Ch del. & H Del Id. Ovo Ee Ae Wees East Tenn Aenee BOY Fort Wayne Aes Hocking Houst Texas L. E W. Kings Pem Lake Shore Long I Island Lou Man Beach Mem Vin & St. L M & Ohio Esse Eee Nash Chat Wee N. Jd. Cent North Estern Een Fener Gent Sr Oe & St. le Bes Bolus Ohio & Miss Piturg Ling Aee W. A Rock Island Rome, W St Ue & Uy Ter Pac Tol & O C. Pref. U. Racitic Pullman Pal W. Union Eure Ypetroleum R. G jSt. P St. Pi. C. & P. Eerie Kan. P Den T. Ge Tex. P. L. GO Union Tex N. J U. Pac Shore Alice Ontario Amador Bodie Plymouth S. Nevada Con. C. & Va Cky Hale & Nor Tenn. C Belle Isle Iss NEW York Financial Foreign Financial Markets Railroad Matters New York & Northern Railroad Company Johns. Barnes Charles T. Barney J. J. Belden A. M. Billings Thomas Pacay J. F. Dimock George J. Forrest Robert M. Gallaway George G. Haven R. 8. Hayes O. H. Payne George W Smith William C. Whitney Messrs Dim R. $. Hayes W. H. Rockwell J. E. Carter & CO Bankers & Commission Washington ST Chicago Markets Farnum, Reardon & Co Hutchinson Minneapolis Duluth James Abby i Liberty Square John E. Welsh Boston Markets Minnesota Can Superior Canada Roller City Mills City Mall St Louis Milwaukee Northern Baltimore Philadelphia Detroit Peoria Toledo le Louis Graham Deyon Illianio G& Uus Lire Street Congress Banere Quincy Howse Rowrerar Ubay manuLa
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