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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 25, 1887

Page

6

Money Market and Stock News From Boston and Wall Street

The Money Market shows firmer clearing rates with calls at 5 6 14 percent and 6 percent on general paper. Bonds, specie, and reserves shift modestly higher. Atlantic Pacific disputes and Arizona Mineral Belt records prompt new exchanges. Rail talks in Boston reveal Consolidated Road ambitions linking Boston Providence and Stonington routes, with Charles P. Clark poised to reshape regional rail traffic and equity holdings.

Boston New York United States National Bank Sterling Exchange Reichsmarks London la Gascogne Europe Kidder, Peabody & Co Henry Clews Wall Street Atchison Chicago Wall Street News Southwestern Association Kansas City Missouri River Atlantic & Pacific Eddy Arizona Mineral Belt Railroad Atlantic & Pacific Railroad Company Arizona Mineral Belt Railroad Company McDone Atlantic & Pacific Road Milk Street Strone Natt Winslow Nutt Arizona Seligman Gardner Atlantic & Pacific Railroad Manchester Boston National Bank F. E. Hinckley H. C. Nutt Mass Atlantic & Pa

Rail consolidations and stock shifts reported in 1883 plans

The article discusses alleged alliances to control New York New Haven & Hartford stock to push a plan with July 1883 terminal goals at Grand Union depot New York and Boston & Providence depot Boston. It lists bond movements for multiple rail lines and a San Diego land drop, plus Bay State Gas lease terms and pipe expansion plans in Boston.

Clark New York New Haven & Hartford Boston & Providence Stonington Consolidated Railroad Grand Union Boston Chicago, Kansas & Western Atchison Kansas City Springfield West End Newport Land Company C. D. Wainwright Bay State Gas Companies Bay State Bay State Peole City Back Bay

Dividend Declarations From Major New England Firms

The Globe Yarn Mill Company of Fall River declares a quarterly dividend of 2 percent. Crescent Mills Company of Fall River follows with 1.14 percent. Yale and Towne Manufacturing Company of Stamford Connecticut declares a 2 percent dividend.

Globe Yarn Mill Company Fall River Crescent Mills Company Yale & Towne Manufacturing Company Stamford Conn

Bath Water Supply Co First Mortgage Sinking Fund Bond

Bath Water Supply Co of Bath Maine issues bonds in 500 dollar pieces for a first mortgage sinking fund debt. Coupons payable June and December at Boston Safe Deposit and Trust Co. Under Maine legislature acts the works are complete with many consumers and hydrant rentals from the city. Investment recommended. for details apply to Basset Whitney & Co Boston.

Bath Water Supply Co Bath Maine Boston Safe Deposit and Trust Co Basset, Whitney & CO Devonshire Street Boston

New York Money Markets and Stock Decline In Late Trade

Money on call eased to around 4 percent with last loans at 4. Prime mercantile paper 6 8 percent. Stocks weakened sharply with most issues losing in early trading then drifting, St. Paul among the weakest. Afternoon rally faded, closing near session lows as railroad bonds and leading shares posted renewed losses. Sales totaled $798,000 with mixed gains in select bonds and notes.

New York Sterling Exchange St. Paul Tie Bears Missouri Pacific Western Union Union Pacific Chicago & Alton Chicago & Milwaukee Milwaukee, Lake Shore & Western Richmond & Danville Consols Tennessee Bee Chicago & West Indiana Erie Galf Colorado Sant Ke Kansas & Texas Texas Pacific Pennsylvania St. Louis Arkansas Texas

New York Stock Sales Report October 24

Today's transactions sum 252 300 shares. The list shows shares sold with opening highest lowest and closing prices for today and the closing price yesterday.

New York

Foreign Financial Markets Report From London and Paris

London prices show Consols at 102 11 16 money and 102 18 16 account. U S 4s at 129 1 2 percent, Canadian Pacific 53 5 8, Erie 28, Illinois Central 120 1 4, Mexican ordinary 40 1 4, St Paul common 75, New York Central 109 1 4, Mexican Central 12 1 2. Paris quotes 3 per cent rentes at 871 centimes for the account. Open market discount at 34 1 4 percent for short and three months’ bills.

Boston Stock Exchange Ing Ing. M Eosox Nash, & Chat Sheen Paol Fle Ie Ia Bonanza Development Calumet & Ipsipyet Northwest Franklin N. Y C. & Starene Tamarack Ewes N.E Onic & Miss Aspinwall Boston West Brookline Oregon Sean Diego Ceres Atlantic & Pac Cal Southern Incomes Roch. & Pitts Ae Chi, Chi Kan. & Western Western Rock Island Rigad Iil K.C Ft. Scott & Gulf St. L S.F J. Rock Ft. Smith Central Central Inc N.Y New Eng Texas Pacific Toledo & C. C Utica & Brk Sonora Steestosteoge Ae L.& P Southern Kansas Southern Kansas Inc L. E Wis. Central Roe Railroad Companies To = &SA Pacific Mail Atlantic ¢ Pacific Pullman Pal Boston & Albany W. Union Oston & Lowell American Oil Boston & Maine Boston & Providence Bur Ocoeae Quincy Ornia Southern Central of Mass N. W C., Sand Cleveland Flint & P. R Itchburg Mar Spring Memp Sin. Shore Inion Pacific Jereve Adams U.S Erie Telephone Amador Ontario Lamson Store Serv. Co Brunswick Quicksilver Pullman Palace Cal. Coal Wees Py Con.Cal Val6ly el Cristo H. C Tenn. C London United States Canadian Pacific Erie Illinois Central St. Paul New York

Railroad matters balance sheet for Cincinnati Sandusky & Cleveland

The annual report for the fiscal year ended June 30 1887 lists assets including Railway 6 64023363 cash 4210435 notes receivable 47001 52 and estimated value of remaining Sloane property 40263 12 with floating assets 42844125 and liabilities such as capital stock 4015750 preferred stock 428850 Sandusky Day ton Cleveland bonds 538000 and other items. Total assets and liabilities amount to 7069678 22. floating liabilities 13599823 and balance floating assets 29244802 show changes from the prior year.

Cincinnati, Sandusky & Cleveland Railroad Company Indiana, Bloomington & Western Railway Company C. E. Henderson Indiana, Bloomington & Western Sandusky, Dayton Cincinnati Eastern Sandusky City & Indiana Sandusky & Cleveland

Railroad President Says Freight Demand Soars

President Roberts of the Pennsylvania Railroad reports 30,000 freight cars a year ago and 12,000 more ordered, now short again with 11,000 more on order. He cites expected increases in wheat and corn by a million bushels each. The Manitoba issues a tariff cut on its Montana extension, with rates 50 cents to $1 below the Northern Pacific.

Roberts Pennsylvania Railroad Manitoba Montana Northern Pacific

Business Troubles Shake Major Firms Across the Nation

Ashworth & Downey, cotton manufacturers in Philadelphia, face a $100,000 failure. Reod & Maxwell of Washburne deposits $208,000 with Third National Bank, risking about $450,000 liabilities and 200+ jobs lost. Horace Webster & Co. liquor dealers in New York and Philadelphia show $705,730 liabilities with roughly $250,000 asset value. assignee bond set at $50,000.

Ashworth & Downey Philadelphia Reod & Maxwell Washburne Wis Third National Bank of St. Paul Horace Webster & Co Whale Liquor New York

Cruel Carelessness Causes Dog Injuries in Boston Streets

A dog living near Beacon and Bowdoin streets was struck by a carriage as it crossed Beacon Street. The driver did not stop or check the horse and the dog was run over, badly injured, with likely euthanization. The exact time of the incident is not known.

Boston Beacon and Bowdoin Streets Beacon Street

Ex Detective Hersom on Trial in Diamond Larceny Case

The diamond larceny case against ex detective Hersom opened in the Superior Criminal Court. I F M Harris testified to the theft and recovery at Providence, noting his debauched state when diamonds were stolen. Witnesses placed Harris and Hersom at Tre Mont House. Pinkerton’s Thornhill said Harris claimed Hersom had a diamonds claim.

Hersom Superior Criminal Court IF. M. Harris Drmmer Providence Otar Harris Treroont House David G. Thornhill Pinkerton Agency

Pearline Advertises Modern Soap Benefits

Pearline proclaims itself as the modern soap that makes cleaning easier, delivers best results, and is harmless.

Evans Bankers and Brokers Ad

W S Evans and Co offer cash or margin trading in stocks bonds and oil with direct wires to New York and Chicago. Extra facilities rapid service small margin profits unlimited brokers orders solicited.

New York Chicago

Market Report Shows Quiet Flour and Steady Crops

Commodities list mixed movement with corn firmer and oats steady while rye and malt hold steady. Butter and cheese quiet. eggs steady. potatoes plentiful with fair movement. tomatoes stronger and holders firm. California fruit trade expansion noted alongside larger September shipments and regional price ranges for flour and grain. Public markets show firm tomato prices and steady sugar and molasses trends.

Market Reports Oct 24 1897 Flour Prices Hold Firm

The flour market shows firmer tones with good trade reported by several dealers. Minneapolis mills hold ample orders to close navigation, allowing price rises of 5 to 10 cents. Cornmeal, oats, rye, and barley show varied firmness and steady quotes, with extensive note on futures bids and daily inspections across Chicago and New York warehouses.

Minneapolis Sec Chicago New York

Butter Market Holds Steady Amid Quiet Trade Across Goods

Market reports show no change in butter and eggs with steady to firm prices. Beans seeds hay and rye straw supply steady, with good demand for beans and choice potato lots. Poultry and cheese prices mixed. butter offers wide variety of regional quotes with receivers’ prices firm.

Market Report on Cheese Butter Eggs and Beans

At Canton 450 cheese sold at 11c for large and 12c for small. Ogdensburg offered 6000 cheese with firm market. 250 sold at 1 144c, 500 at 1Llc. In New York butter quiet with varied dairy prices. Eggs steady at 26c state 22 23c western 21 21c. Beans steady with marrow 2500, medium 225, pea 226, red kidney 210 220. Dried apples quiet.

Canton Ogdensburg New York State Creamery Western State Dairy State

Fruit Market Receipts Show Mixed Prices for Apples and Grapes

Receipts of apples remain large with full prices for choice fruit and strong demand for pears. Cranberries stay firm, grapes supply tight, and prices improve. Snow & Co auctioned Tokay and Almeria grapes at $3 75 to $4 per case and $4 87 to $5 87 per barrel. H Harris & Co to auction 2156 Spanish onion cases and various grapes and pomegranates.

Snow & Co Almeria Almerias H. Harris & Co Malaga York State

Also Mentioned on This Page

Cific Railroad Company Chicago, Burlington & Quincy New York Stock Exchange Nebraska Wisconsin Central Ashland Omaha California Southern Mexican Central Summit Chicago, Burlington & Northern Eastern Illinois Memphis Birmingham Cleveland & Canton Central Massachusetts Boston & Lowell Massachusetts Northern New York & New England Common Old Colony Boston Railroad Boston & Providence Railroad Street Lessor Choate New York & New England New York, New Haven & Hartford New England New Haven Hartford Consolidated Road James T. Furber Charles P. Clark Utica Consolidated Thames River New London Albany New York & Boston Rapids Transit Company Clark-Higginson York & New England Nassau ST Harvey C. Wheeler Traveller Building State St Brokers’ Board Erie Tel Hee Osceola San Diego Land West Bad T&s Sk Ny&ne Kansas Inc RG Bos Quincey Boston Land San Diego B& N Cl& C Éie's Sve Union Peer Lamson Quincy Ae T&se O Vicene Csi C,b&n Ee C&e NY &Ne Ee T& S A & Pine C, KR & W Bs USG Wallner A & Ee B&m M&b Ny&nepfd Pullm Union Acific Mining and Stock Exchange First Board Bowman Silver Mining Seeee Cneeves Dunkin Mining Osceola Mining Asa Rappahannock Mining Security Brunswick Gold Mining Seeee Allonez Bonanza Mining Stormont Mining Ener Boston Water Power Kensington Chair Co Lord Agoustic Telephone Dr. & Mil Arnold Rappa Aztec Bonanza Side Bowman Stormont Breece Brun Elee AL Catalpa Bruns Dunkin Lord Empire L.A Huron Fe N.E.W.M Mesnard Ae National Toledo R Wilson W. Fay & Co State Street NEW York Financial Alt &T. i Pac OS B & Air L Iowa Free Central Pac Che & Ohio Chi. & Alton C. B&q C . Hol Cleve del. & L Den East Tenn Port Wayne Lions Lexas Pepinals Kan Tex Kings & Ettia Lek Lake Shore Gilly Long Island Lou Man Beach Tom, Man Eley Wee Mem. & Ch Wwee Minn Sas California San Francisco Mt. Diablo Potosi Best & Belcher Union Con Wee ”S Chollar Enon Crown Point Yellow Jacket Common Wealth Gould & Curry Hale & Norcross Nevada Foreign Financial Markets The Cincinnati, Sandusky & Cleveland Congress Street Congress Square Quincy House Mower’s Forest Lenin W.S. Evans & CO Bankers & Brokers Washington St Young’s Hotel Burlington County New Jersey Baltimore East San Francisco Journal of Commerce Sacramento Los Angeles San Jose Oakland Colton Marysville Stockton Columbia River Harford County Jersey Seaboard Bush. Bush United States Seaboard Bush Minnesota Michigan Stone Michigan Canada Superior Canada New Ne Vermont Northern Sage East Stresh New Hampshire Nova Scotia Island New Brunswick Choice Yor Larga North Houlton Rose Albe P Bush Houlton Hebrons Aroostook Aroostook Hebrons Burbanks Hebrons Norfolk
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