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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Sep 19, 1889

Page

6

Money Market and Stock Notes From Boston Today

The Money Market report shows funds ample with little rate change. Clearing House rate 244.3 percent. time loans 4% to 6%. call loans 3% to 4.5%. Exchange figures cited for New York, Chicago, and other cities. Railroad and security news include Atchison, Union Pacific, Oregon Short Line earnings, Crews and executives changes, and dealer speculation on Chicago & Eastern Illinois and Rome, Watertown & Ogdensburg. The market closed dull with limited activity, notable bond and stock movements mixed across several issues.

Boston Clearing House New York Chicago St. Louis San Francisco Telegraph New Orleans Charleston Savannah Treasury Department Frances Reichsmarks Atchison Kidder, Peabody & Co the Journal Strong Jay Gould Missouri Pacific Parker Union Pacific Oregon Short Line Utah Northern Railway Boston News Manitoba Adams Hill Texas San Diego Eastern Terminal Company Puget’s Sound West Northwest Chicago, Burington & Northern Wisconsin Central Securities Mexican Central Reynolds Europe Muor Ios Chicago, Burlington & Quincey Chicago, Burlington & Northern Chicago & Eastern Linois Railroad Illinois Cammack R. Power Chicago & Eastern Chicago & Eastern Llinois Canadian Pacific Niagara River Rome, Watertown & Ogdensburg New York Central Railroad New York Central Toronto Utica Landice Rotterdam Junction Fitchburg Ogdensburg Lake Champlain Central Vermont Boston & Maine Lackawanna Winter Harbor State Street Exchange Tamarack Mining Boston & Montana Calumet & Hecla Young’s Hotel Pearl Street

Dividend notices from multiple companies prompt investor attention

Homestake Mining Company declares a monthly dividend of 12500 dollars payable September 25. The Cambria Iron Company, still recovering from the Johnstown floods, declares its semi annual dividend of 6 percent. Union Stock Yards Transit Company proclaims a regular quarterly dividend of 144 percent payable October 1 to holders of September. The North American Insurance Company Boston declares a 3 percent pecuniary stake. Seaconner Mills Company Fall River issues a quarterly dividend of 4 percent.

Homestake Mining Company Cambria Iron Company Johnstown Union Stock Yards & Transit Company Ema North American Insurance Company Boston Seaconner Mills Company Fall River

Those Mercantile and Manufacturing Corporations

The American Wool Reporter notes corporations organized in Maine Connecticut New Jersey and other states to do business in Massachusetts without meeting state safe provisions. The piece says the issue deserves attention by the next Massachusetts Legislature.

Maine Connecticut New Jersey Massachusetts

American Wool Reporter pricing and office note

The advertisement lists a price of 82.00 per annum for the American Wool Reporter and 5 cents for single copies. It also provides the Boston office address at 19 Pearl Street for inquiries or subscriptions.

Boston Pearl Street

New York Stock Sales Report Sept 18 Totals and Prices

Today's transactions show 156400 shares traded with opening, high, low and closing prices listed for Sept 18. The report names securities from N W Deb to Ward Con and mining stocks including Ontario Con Va and Silver King with various price points and percent changes noted.

New York N. W R.G O. Nav TY. Or St. L Gf. m Lily Erie St. P Kan SOP. C.& P Tex. PL. G. Nedstant Tr. Ec Wiese Es N.P. Isis Tex. Ph. G. Do W. Shore LOGY Lou al Ee Eos Ontario Dtly Con. C. & Va el Cristo Wanisigis Emote Hock Ags Gopper Ward Con Mu.s.&m Lye Lie San Francisco Cal Alta Best & Belcher Ophir Savage Cneamene Crown Point Sierra Nevada Wureka Con Union Con Ee Eee Gould Sou Ec Ciad Cies Eess Mie Hale & Norcross Potosi North Belle Isle

New York Financial Market Ends Day With Weak Declines

Money on call easy at 3 to 6 percent with last loan at 3 percent. Sterling exchange steady with 60 day bills at 4.8444 and demand 4.88. Stocks closed dull and weak after a broad decline led by Northern Pacific preferred, St Paul, and Cotton Oil. Rail bonds steady then soft. notable losses in Burlington Cedar Rapids and Northern, Evansville & Terre Haute consols, and South Carolina bonds.

New York Sterling Exchange Northern Pacific Preferred St. Paul Northern Pacific Tennessee Coal Stock Exchange Tennessee Burlington, Cedar Rapids New York & Pennsylvania St. Louis, Alton

Market Report From London Financial Ledger

London financial update shows Canadian Pacific at 69 percent, Illinois Central 119 percent, Mexican ordinary 4353, St Paul common 7523, New York Central 11134, Reading 235 percent. Open market discount rates 3.4 percent on short bills. three months 3 percent. Bank of England bullion intake today totals £42000.

London Canadian Pacific Rie Illinois Central St. Paul Common New York

Carpet Wool Duties and tariff effects in 1889

The American Wool Reporter answers inquiries from Massachusetts Question Clubs on carpet wool duties. Carpet wools are produced only slightly in the United States and free carpet wool with retained cloth tariffs would raise classification issues at the customs house. Removal would not clearly aid Boston wool trade, might help carpet makers if carpet duties stay, and could lower carpet prices by part of the current duty while overall impact on exports and industry remains uncertain.

American Wool Reporter Massachusetts United States Boston New England Samuel W. Mendum United Question Clubs of KP. O. Box Custom House Cleveland Washington Brussels

Lewiston Mills and Bleachery Directors Named at Meeting

Lewiston corporations report prosperous year with large capital improvements and expanded capacity. Androscoggin Mills plans further $100,000 in upgrades after spending $201,816 in three years. Continental Mills notes major production upgrades and new wheels to counter river backwater. Bates, Hill, Franklin, and Lewiston mills report full operation, dividends, and modernization including Jacquard looms and damasks. Avon mill doubles capacity on quilts and towels in a close corporation.

Lewiston Bleachery and Dye Works Dexter N. Richards Theophilus W. Walker Lyman Nichols Thomas Wigglesworth George Dexter James Dempsey Lewiston Mills Company T. E. Eustis C. I. Barker Ara Cushman John Y. Scruton J. M. Robbins EK. ‘T. Gil Moses Kimball J. Wentworth Brown Franklin Company K. E. Wood Edward L. Wood Nathan Cushing T. A. Richardson W. P. Frye John N. Graham Silas Pierce Androscoggin Corporation Hill Mill Avon

Hyde Park and Dedham Street Railway Company Records Filed

Certificate of incorporation for the Hyde Park & Dedham Street Railway Company filed with the Secretary of State. Capital stock set at $80,000. Directors listed include H. N. Bates Hyde Park, Charles A. Coffin Lynn, Ellery J. Gartied Lexington, Jessie R. Lovejoy Lynn, IT. Daniel Tooker Hyde Park, William H. Norris Hyde Park, and J. F. Ross Hyde Park.

Hyde Park & Dedham Street Railway Company Secretary of State H. N. Bates Hyde Park Charles A. Coffin Lynn Ellery J. Gartied Lexington Jessie R. Lovejoy Daniel Tooker William H. Norris J. F. Ross

Reading of a Paper by A M Robinson Delights Camp 986

John F. Andrew Camp 986 of Sons of Veterans heard Comrade A M Robinson from John A Andrew Post 15 G A R discuss his impressions of the Milwaukee national convention. The talk emphasized the value of such gatherings and the benefit of allied veterans meetings.

John F. Andrew Sons of Veterans A. M. Robinson John A. Andrew G.A.R Milwaukee

Horsford Acid Phosphate Boosts Mental Energy

An advertisement claiming Horsford's Acid Phosphate imparts new energy to the brain enhancing intellectual power. It presents a vivid belief in improved mental clarity and focus attributed to the tonic.

Horsford

Commercial Matters Mixed Movement Across Commodities

Leather steady while boots and shoes show activity. Hides dull. India rubber higher. Flour steady and corn very dull. Oats abundant. rye and millseed quiet. Butter firm. cheese strong. eggs firm. Potatoes in good demand. poultry quiet. Hay firm. apples fair demand. oranges nominal. Lemons firm. bananas steady. Pork firm. lard good demand. Fresh beef fairly active. mutton quiet. veals slow. Tallow quiet. sugars steady. molasses dull.

India

Print Cloth Market Dull and Steady in Falls River

Fall River reports a dull and steady print cloth market at 3 1/4 cents per yard, down half a cent from the previous day. Moderate business is noted amid the slower trading, with buyers keeping cautious pace as prices hold.

Fall River

Option Markets Show Wheat Firm as Curb Trading Cools

The Chicago market reports a firmer tone in wheat with December at 79 1/2 cents amid larger outside buying and signs of weather affecting receipts. Corn rises on frost and buying, while pork and hog futures show mixed activity. Closing Minneapolis and New York quotes align with firmer short positions and varied cash grain prices across markets.

Chicago Gilman, Cheney & Co Boston Anne Farnum, Reardon & Co Minneapolis St Louis New York Sec

Stock for sale by limited company at set price

References-809 stockholders offer a limited amount of stock for sale at 12 per share par 10. The price will be 15 in January 1890. For full particulars call on or write.

City Hall Boston Mass City of Phil Alfred JT. Turner Loston Alfred T. Turner

City Horse Market Faces Slow Demand and Mixed Sales

A weekly market report shows weak overall demand for street horses with buyers scarce at most stables. Some dealers note seasonal improvement later, while others report steady or modest sales of horses suitable for family use, driving and farm work, with prices typically ranging from around 38 to 250 dollars and varying by quality and source.

E Bowler New York State Isburgh & Co Walker's Bazaar Moses Colman & Son Combination Sale Welch & Hall International Horse Exchange Ellam & Co’s Illinois Iowa CH & E Snow

Leather Trade Sees Steady Demand Despite Weather Slowdown

The leather trade reports good demand for leather types over the past three to four days but weekly volume lags behind earlier weeks this month. Weather has contributed to the decline, yet business remains stronger than expected. Reports come from leading trade members and dealers in rough and finished leather.

Post

Leather Market Steady Amid Production Constraints

The leather trade shows steady progress with firm prices across grades as supply tightens due to reduced rough upper leather output and strong demand for calf, buffalo, and various hides. Export activity dips on high freight, but domestic sales keep stock levels disciplined and prices sustained. firms like Batcheller & Co influence sentiment toward avoiding insolvency.

Messrs Batcheller & Co Buenos Ayres Montevideo California Caldskins

The Booty and Shoe Trade Opening Spring Season

The boot and shoe market shows no essential change with satisfactory business and full orders. Manufacturers are busy and often work nights to meet demand as interior buyers rush purchases. A wave of duplicate orders suggests strong future activity, and spring goods season is opening well with good orders from salesmen, signaling rising consumption.

Ava

Also Mentioned on This Page

Inc Waxes Gees Ccecsee Out Today Boston Stock Exchange Miscellaneous Stock Exchange San Diego At. & Pac Rene Pia Chi Kan, & W C W& W. Mich D. D Elk H Liss K.C J &C B Sp. & MM Ft. S Vole L St. L.im Central Los S. I Bene & N.E P.D.O Oregon L. C. Con Pueb, & A. A Kansas Atlantic & Pactic Toston & Albany Boston & Lowell Oston & Maine Loston & Proveeeter Southern LA Eee Ee LY Be Nicea B&q Clev & Canton Eae Zelg C C Se Rewes Ewer Gs Vitehburg Lint & P. M. Corm K-Ci Fs Scott & Gulf CL & Sp K. C K.C M Biv L. R Maine Central West End Wisconsin Central Bell Eastman Pullman Palace Cotton Oil Trust Eee Pneumatic Fool Co Ghe Burton Stock Car Co Chis Noston & Liverpool Co Phonograph Voy Mig Eurolee Welding Fortayne Illinois Ste Ca Mt Desert & East Shore Lee Malden Electric Co Chi W. Mich Sp. & Mein Law. & So Mem Birm Westinghouse Elec Wionisiminet Co N. KE St J. & Gr Seore, S OSD Seligos Aim Bell 'Tel Seeee Bell Tel Latoson Aspiawal Land San Diego Land Topeka West End Land Lycat. & Mont Dunkin Tamarack Eater Sane NY & N Rutland St. Rock & Ft.s Tamarack Bost Con Mon C. B Cleve Anton Pfd N.Y Aed Edison Phone Toy Tesee Wayne Elec. Co Thom.Hous. Eiec Zia Wilson W. Fay & Co State Street Dayton & Ironton RR Edison Thon, Toy von Enrique Catalpa Fort Wayne Coal & Tron’ Co Harvard Land Santa Re Toledo, St. Louis Kansas City RR Arizona Lussion Telephone McKay Heeling Gales, Allongz Arnold Atlantico Lonauza Devel’t. Se Montstro Mutte & Boston Hecla Seoes Franklin Huron National Guinney Sss Santa Fe Eescceees Ui Ay Abpinwail Boothbay Louiston Street Recordng Ae Campobello East Hoston Renee Ae Bay Eeenee Big Mavenck Sees Newport Lamoine Eene Gvc Ae Wayson Perrobscot Ries En Massachusetts Bank Ee Ee Blackstone Bank Freeman’s Bank Lee Webster Bank Een Ene O. Pean Trader’s Bank of Nee Merchandise Ank Shoe & Leather Bank Old Boston Bank Ae Bank of Bere Pian Metropolitan Bank City Bank Hamilton Bank Bank of Commerce Lowell Mans Everett Mills New Atlantic Coho Mills Loyth Tremont & Suffolk Mills Manchester Mills Great Falls Manufacturing C O. Eee Continental Mills Bove Arlington Mills Vobly Aimoskeag Mant. Co Bates Mant. Co Appleton Mant. Co Jackson Mant Boston & Albany RR Boston & Lowell RR Fitchburg Rat Central Mass West End Street Railway CO Toledo, St. Louis & Kansas City RR Massawippi Valley RR Boston & Maine RR Tevere Beich & “Lynn Rik Aes Quincy Leo Consolidated RR. of Vermont Union Pacific RR Lynn Gas & Electric, Co Winnisimmet Morley Button Sewing Machine Co Waakefield Rattan Co West End Land Peewee Ee Union Stock Yards & Transit Co Union Electric Jamaica Plain Gas O. Cpp Ewe Eliot Insurance Co Fort Payne Coal & Bron Co McKay & Hige Toe Toledo Merrimac County N. H Dover Beverly N.H Hinsdale Metropolitan Horse Kit New Mexico & South Pacific RR Hicago Burungton & Quincy RR Covey Sumner & ‘Fort Smith RR Ngland Mortgage Security Co Massachusetts “Rr Louisville & Nashville KR Stocs Boston United Gas Co Old Colony UR Topeka & Santa "Fe Portland & Ogdensburg Hug Alt T. Hy At. & Pacific B. & Air Pacific C. Pr Central Pacific Ches Ohio AltOll del. & ML del. & L Den Erie Fort Wayne Weer Ives Kg Hocking Val Central Tenon Lake Shore Ila Long Island Eee & Nash Lous Wong Ohio & Miss Oor Pittsburg Reading Rock Island Rome St. P. & Ovceees Bb Sci Orp Texas Pacific O.C Utica & B ilviLys Land and Miscellaneous Company Oregon In Pacific Mail Pullman Pal W. Union BEL Va American Oil VOOO Ceesere Amer Agile Trust Trat Ee Ea Lotor NEW York Financial Lewiston Corporations Just Incorporated MW. Rea Milk St Com Boston, Mass the Eastern Banking CO Milk Street Francis A. Osborn T. Merrshew John Jeffries & Sons Devonshire Street City Horse Market
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