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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Sep 14, 1888

Page

6

Money Market and Bond Activity in Boston Financial Desk

Boston money market remains steady with strong clearing house rates. Loans on call range 4% to 5% with new calls at 4 to 5 percent. Government securities hold at high bids while treasury deposits and foreign exchange shift as Bank of England and Bank of France raise discounts. Stock market sees St Paul dividend news pressuring shares. Atchison led volume with mixed Boston, New England and Western issues trading up and down amid regulatory notes and corporate earnings.

Boston Clearing House New York Chicago St. Louis San Francisco New Orleans Charleston Savannah United States National Bank Secretary of the Treasury Reichsmarks Bank of England Bank of France St. Paul Wall Street Atchison New York & New England Union Pacific Burlington & Quincy Boston Stock Exchange Bears California Southern Atlantic & Pacific Flint & Pers Marquette Oregon Transcontinental Oregon Chicago, Burlington & Quincy Chicago, Burlington & Northern Chicago, Burlington & Quincey Company National Bank of Commerce Union Trust Company New York Stock Exchange Boston Stocck Exchange Wisconsin Central Associated Lines

Missouri Pacific Declares 1 Percent Dividend Today

The directors of the Missouri Pacific road declared a dividend of 1 percent today, payable October 15.

Missouri Pacific Road

Subscription for 5% Gold Bonds Through Amster dam Company

Boston subscription launch Friday Sept 14 with Adolph Boissevain & Co in Amsterdam. Bonds secured by Union Pacific Railway guarantee, total mortgage debt limited to 15 thousand per mile. Principal and interest guaranteed. sinking fund 0.66% annually retirement at 105 or reinvestment. Price 95 plus accrued interest. bonds deliver upon allotment. descriptive circulars on application. right to raise price.

Act of Congress Union Pacific Railway Company Amsterdam

Meigs Elevated Railway Opens Stock Subscriptions

Meigs Elevated Railway announces subscriptions for the first issue of stock. Full particulars available at our office or sent by mail upon request.

Meigs Elevated

Mining Stocks Close in San Francisco Trade Prices

Williams & Co reports the official closing prices for mining stocks in San Francisco. Notable figures include Navajo 1.40, Hale & Norcross 4.30, Nevada Queen 3.00, American Bell Tel 7s, and Chicago, Burlington & Quincy RR 4s 19214, with numerous other shares and auction listings listed for sale on September 19 1888.

Brokers’ Board Bell Tel Eastern Oregon Wis Cent Inc Am Bell Tel Lamson SS Aspinwall Land Boston Ee Seeeere French Bay Land San Diego Land F & PM Nyg&ne Union Pacific Doe West End T&sfelg B& Q Lans & Nor Sueble & Ark French Bay Allonez B& Mont Cal & Hee Franklin Eeeneee Kearsarge Weer Hla National Wee Ee Osceola Tamara Fitehoarg Cis L& Mo San Francisco Aaas Vale Best Belcher BTO Polosis Nevada Queen North Belle Isle N. Eagle Bk Ado Old Boston N. Bk Hopkinton N. Bk Atlantic Cotton Mills Manchester Mills Stark Mills Naumkeag Steam Cott Franklin Company, le Salmon Falls Mfg. Co Do Cabot Mfg. Co Wakefield Ration Co Thorndike Mfg. Co Do Lyman Mills Union Pacific RR Boston, Concord & Montreal BR American Bell Tel. Co Lonia & Lansing RR Little Rock Junction RR Metropolitan St Pueblo & Arkansas Valley RR Chicago, Burl, & Quincy R Chicago & West Michigan Ry. Co West Michigan Samber Co Baie Ste RG. W. St. L I. M Ss. -F St. P St . C. & Erie So. P. Lissts Tex. P. i. G Crown Point S. Nevada II Cristo Hale & Nor Sutter Creek Tenn. C

Proposals for Oregon Improvement Company Stock Offered

Sealed bids for up to 10 000 shares of Preferred Stock at par 100 in the Oregon Improvement Company are invited in New York. Bids due Sept 17 1888 with 5 percent certified check. Installment payments begin Oct 1888 with stated percentages and accrued interest. Proposals to Elijah Smith Mills Building NYC and presidents sign-off by Elijah South.

New York Oregon Improvement Company The Elijah Smith Mills Building New York City Elis AM South

Financial markets open with heavy losses and early rally stalls

New York trading opens with easy money on call and dull government bonds. St Paul shares plunge at the open, then briefly recover amid heavy short covering and buying in Vanderbilts and Villards. Market ends heavy and quiet near opening figures, with wide swings early and unsettled sentiment in the evening.

New York Prime Mercantile Sterling Exchange Actul St. Paul Board Room Bank of England Vanderbilts Villards Hocking Valley Northwestern St. Pau Reading Chesapeake & Oliv Erie Flint & Pere Marquette Metropolitan Mobile & Ohio New Texas & New Orleans Sabine Division Green Bay Albany & Susquehannans Peoria Decatur & Evansville Evansville Wabash Detroit

New York Stock Sales Report Sept 13

New York stock sales report notes today’s transactions aggregate 488000 shares. The following are the shares sold, the accompanying buyers and sellers, and the volumes exchanged across listed issues.

New York

Market Closing Roundup from London and U.S. Stocks

London mixed securities and United States issues closed with Consols at 988 16 for money and 985 16 for account. Atlantic and Great Western and Erie bonds quoted, Canadian Pacific at 58% with others like New York Central 111 1 2, Pennsylvania 56 7 8, Reading 27 3 4, St Paul 68 7 8, Mexican ordinary 47% and more.

London United States Atlantic & Great Western Canadian Pacific Erie Illinois Central St. Paul New York Central Pennsylvania

Business troubles at Hibbard firm creditors vote to accept offer

At a creditors meeting in the Chamber of Commerce rooms the Alonzo D. Hibbard & Co. debtors voted to accept 17 cents on the dollar. J Tracy & Spurling of Eileworth Missouri report $24,000 liabilities with $7,000 secured. unencumbered assets around $32,000. Bisset Bros. of Quebec are settling through an assignment with liabilities about $12,000.

Alonzo D. Hibbard & Co Chamber of Commerce

Railroad Petition Granted for Revere Street Relocation

The Boston Winthrop and Shore railroad wins authority to relocate a section of Revere street in Winthrop. The move must be funded by the railroad and include satisfactory arrangements with the Revere Water Company.

Boston, Winthrop & Shore Railroad Revere Street Winthrop Revere Water Company

Dangerous counterfeit five dollar silver certificate circulates

A new and dangerous counterfeit five dollar silver certificate of series D is being circulated in the city and Salem. It bears small characters 2011 or 2017 under the denomination and the words Register of the Treasury appear irregular under W F Rosecrans, while the genuine note is printed clearly. The Grant portrait resembles a woodcut, identifiable by experts.

Salem

How Much Water We Drink This August

The city engineer reports the water board’s August consumption. Sudbury and Cochituate works averaged 32,432,700 gallons daily, up 7.97 percent from August 1887. Mystic works averaged 7,859,100 gallons daily, up 14.4 percent. Lake Cochituate fell four and a half inches, Mystic Lake three-eighths of an inch.

the Water Board Sudbury and Cochituate Works Mystic Works Lake Cochituate Mystic Lake

Trade Partners and Firms Across the United States

Albany New York to Minnesota and Georgia firms listed with agents and firms including Freeman Rogers Belknap Childs MacLanchlan Wallace Cobban Rich Appledorn Versteeg Wray Seabury Huston McDougall Einstein Coburn with associated companies in Broks & Co Selz Schwab Moore Kellogg Johnson C Moore.

Charleston Darcy Creigh O’brien Craw Colmbus Belknap Belknap, Carpenter & Co Cleveland B Childs Childs, Groff & Co Chicago A C MacLanchlan Selz, Schwab & Co Wallace Wallace & Sloat Cedar Rapids Cobban Detroit Mich E Smith HS Robinson & Burtenshaw Des Moines W B Bentley Bentley & Olmstead

Commercial Market Summary of Agricultural Goods

Leather and hides hold firm while wool remains steady. Flour corn and oatmeal stay firm or steady with cornmeal. Hops dull and malt slow. Butter strong and cheese firm. Eggs quiet, beans easy, potatoes in good demand, hay steady. Poultry unchanged, fresh beef fairly active, other meats quiet. Sugars firm to active, molasses steady, rye and rye straw quiet.

Leather and Hides Market Summary

Leather and hides market remains firm with higher prices and strong demand. Finished leather, buff, grain, and hemlock stock show tight supply and upward pricing. foreign and domestic hides hold firm with upward tendencies. Crop leather and sole leather show active trading. detailed grade prices for West Western wax, calfskins, croppings, and various hide categories are listed.

Brogan Brighton New England Buenos Ayres Montevideo Rio Grande Entre Rios Corrientes Cordova Entre Rio

Wool market steadies as demand shifts with scattered gains

The market stabilizes after a lull with higher prices only. Buyers contract cautiously yet more freely. idle machinery restarts. Demand remains firm for fine fleeces, Ohio and Pennsylvania fleeces, and territory wools, while Montana and California wools stay subdued. Prices for combings delaines and carpet wools stay firm with modest movements across regions.

California Ohio Pennsylvania Michigan Territory Wyoming Utah Nevada Montana Texas Georgia Oregon Wisconsin New York New Hampshire Vermont Kentucky Indiana Missouri

Wools and related fabrics price list across regions

A lengthy catalog of wool prices and types by region including Montana Wyoming Utah Colorado Kentucky Texas and California with entries for fine medium coarse unwashed pulled and super wools. Also lists carpet wools from various origins and East India grades with per unit prices in cents and dollars.

Montana Montan Wyoming Utah Colorado Georgia Kentucky Texas Kansas Nebraska Ohio Michigan Pennsylvania Maine California Oregon Washington Territory Montevideo Aleppo Angora Donskoi East India Candahar Jaria Cordova Bagdad

Boston fish market reports firmer mackerel supply and cheaper prices

Delong and Seaman note improved curing weather and larger shore catches with fifty to one hundred barrels weekly, mainly Nos 2 and 3. Prices ease except for some items, as canned lobsters demand wanes and sardine trade remains cautious. various prices for cod, hake, herring, mackerel, salmon, and canned fish are listed.

Bay Fundy Split Round Shore URSA Shrek Sane

Chicago Markets Report Stronger After Wheat Rally

Wheat opened weak then rose after figures from the Cincinnati Price Current showed 400,000,000 bushels crop but only 75,000,000 bushels in weight, prompting shorts to cover. December wheat likely not below 90c this year. corn and hog prices drifted lower. hog receipts and car lots for tomorrow listed.

Farnum, Reardon & Co Cincinnati

Boston Markets Grain and Flour Prices Swept by Firm Wheat

Boston markets report firm flour and grain prices with strong demand and millers holding back for better values. Price listings cover domestic flour ranges from fine to winter patents and Canada export grades, along with New York and Chicago receipts, with mixed fortunes across regions and weak to steady signals in various wheat and corn quotes.

Minnesota Michigan Canada Superior Canada Roller Canada New York City Chicago St Louis Milwaukee Detroit Minneapolis

Also Mentioned on This Page

New York Times Roswell Miller St. Paul Road J. Pierpont Morgan Pierpont Morgan Missouri Pacific Omaha Rock Island Chicago & West Michigan Mexican Central Louisville Evansville & St. Louis Denver Watson & Gibson New Old Colony Fitchburg Central Massachusetts Herald San Diego Frenchman's Bay East Boston Lamson Bell Telephone Calumet & Hecla Boston & Montana Tamarack Pewabie Huron National Ridge New York Evening Post Metal Exchange Adolph Boissevain & CO Holland Consolidated Hierigage TAN & Northern Williams & CO Metropolitan Nat. Bk Belling Co Sugar Refineries Co Tol Attieboro Branch RR Naumbergsteau Cotton Co Portland Saco & Ports. RR Vermont & Mass. RR Metropolitan Street Ry. Co Kansas City Bay State Live Stock Co International Button Hole Sewing Machine Co F. Howard Watch and Clock Co Pedham Water Co En Rock & Fort Smith Ry. Co Chicago, Michigan Bank Naumkeag S. Cotton Co McKay & Bigelow H. M. Asso City of Cambridge Dexter Pueblo & Arkansas Val Wisconsin Central RR Share Appleton Co Cocheco Mfg. Co Pepperell Mfg. Co Amory Mfg N. Revere Bank Old Boston N. Bank Washington N. Bank State N. Bank Ames Sword Co Mulliwiston Alloucz Arnold Atlantic Bonanza Bily Bis B. & Mont Ise Ironton Wybb Osceola Aspinwall Enenee Boothbay W. P Boylston Street Brookline Campobello Bay Ee Maverick Newport Payson Penobscot Sullivan Tha Topeka Wollaston Atchison Isles L. G Whee & Hh Kan. & W Doine Sa Coats C. & W. Mich. Ba Con. Vt D. D Ilsl Kk. C G. TF K. C K. G Do Inc S. P N.Y N. EL Nor, Pac Do P. D Oregon S. L L. C. Con Lila Pueb. & A Rutland Southern Rex. Div Ans. Ee Eee Sonora Union Pactite Ss Lidte Dos de Inc Alsia Arch Boston & Albanye Boston & Lowell Boston & Maine Boston & Providence Cal Mass Cleve Canton Col. Sp Flin & P Ee . Ia Io K. C Ft. 5S Cl. & Sp New Eng Norther Wis Centraless Escere Telephones Am. Bell Eevee Eastman Car Heater Co Hamilton Woollen'Co Hill Mfg. Co Russell Mills Plymouth Fg. CO Wainwright Am “Jer Ieee At&t. Es al & Pacific B. & Air Line Roc &P Can. Pacific Central Pac Ches Alton St. L East Tenn Fort Wayne Hocking Hioust Seve Kan Long Island Lou Man Memphis Central Wit St. Leesee Essex Nash, & Chat X. J. Cent N.Y. Cc N.E Ener On & Wen. A G K.& WP P.& On Ly la Tex. Pac O. C Bs U. Pac Utica Nn & P W. A LE Bsie Land and Miscellaneous Companies Pacific Mail Ae Pullman Pal W. Union Oregon Improvement CO NEW York Financial Albany Freeman Balliyqueep East Saginaw, Mich Rich Rich Bros Samnconent Appledorn Appledorn’s Sons Keokuk, Ia Versteeg Versteeg Bros Nashville Tenn Wray Norfolk Thomas Nortuls Seabury Seabury’s Sons Penn W Huston F E Schmertz & Co Plattsburg, N C McDougall EG Moore & Co Einstein Finstein & Sons Py Paul Minn Coburn Kellogg, Johnson & C J. E. Carter & 60 Bankers & Commission Washington ST Boston Fish Market Chicago Markets
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