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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Sep 24, 1885

Page

3

Boston Money Market and Stock Report of Sept 23

Banking conditions improve with firmer rates and ample loanable funds. New York funds range par to 5 cents discount. stock market dull with no notable features. Pacific rail subsidies questioned. Pacific Mail agreement discussed by Huntington and officials. various railroad and tele graph stocks move modestly while industrials draw investor interest.

Boston Corporation Prime Mercantile New York Clearing House Atchison Atlantic and Pacific City of Pekin San Francisco Pacific Coast Louis Chicago Burlington and Quincy Union Pacific C. P. Huntington Central Pacific Road Johnston Pacific Mail Steamship Company Pacific Central Huntington Secretary of the Interior Summit New England Lowell Providence Old Colony Fitchburg Little Rock Ft. Smith Kansas City Spritefield Memphis Oregon Oregon Navigation Eastern Bell Telephone Erie Bell Telephone Company Dee REO Eseenken Eeecces Cau

Dividends Declared by Multiple Massachusetts Banks

A dated financial brief notes dividends declared by several banks and companies in Massachusetts and nearby areas. Ontario Silver Mining declares its 111th dividend of 75 000 payable Sept 30, total to date 8 725 000. Suffolk National Bank Boston 24 percent. First National Bank Lynn 3 percent. Warren National Bank Peabody 3 percent. Millbury National Bank 34 percent. Rollstone National Bank Fitchburg 3 per share. Salem and Danvers Street Railway 2 percent. Merchants National Bank New Bedford semi annual 44 percent. National Bank of Commerce New Bedford 3 percent. Fairhaven National Bank 24 percent. Brockton National Bank 3 percent payable Oct 1.

Ontario Silver Mining Company Suffolk National Bank Boston First National Bank of Lynn Warren National Bank Peabody Millbury National Bank Rollstone National Bank of Fitchburg Salem and Danvers Street Railway Company Merchants’ National Bank of New Bedford National Bank of Commerce of New Bedford Fairhaven Mass National Bank Brockton National Bank

Wall Street Markets Open Higher Then Fall Amid War of Rates

New York financial news notes an easy money market with calls at 1 2 percent and minor shifts in mercantile rates. Stocks wobble after railroad presidents meet, with New York Central leading initial gains before a rapid reversal, intraday volatility, and a weak close. Western Union faces rumors of a telegraph rate war while Reading and Pennsylvania railroads are linked to a possible Vanderbilts-backed control scenario. Lake Erie and Western forms a committee to steer rate restoration.

New York Prime Mercantile Wall Street St. Paul Union Pacific Northwestern Western Union Baltimore and Ohio Lawson, Douglas & Co Jin Reading and Pennsylvania Railroad Pennsylvania Railroad Company Reading Vanderbilts New York Central West Shore Philadelphia Pennsylania Railroad Lske Erie and Western Trunk Line Executive Committee Pierson Trunk Line Aefore Nickel Plate Cleveland, O Heisley New York, Chicago and St. Louis Railway Company Lake Shore Railway Company Vanderbilt Central Trust Company Nickel Plate Company Ohio Ilnois Everett Middlesex Horse Railroad Everett Square George F. Foster Charles Greenwood F. B. Wallis R. M. Barnard T. H. Pierce Powers Studley Middlesex Railroad Malden Missouri Pacific Kansas Jay Gould H. M. Hoxie D. Ss. S. Smith St. Louis W. W. Fagan A. D. Everst Atchison C. E. Faulkner A. M. Claflin Salina Bryant Lincoln J. C. Woods Stockton Volney Ball Colorado Topeka, Salina and Boston Bee Line Pennsylvania Milwaukee, Lake Shore and Western Railroad Hoosac Tunnel Fitchburg Hudson River Fall River Line Ottawa North Shore Railroad Canadian Pacific Grand Trunk St. Lawrence Prescott

Review of the Boston Market For the Week Ending Sept 23

Market wrap of Boston week ending Sept 23 covers alcohol, ashes, beeswax, building materials, candles, coal, coffee, cordage, cotton, dyewoods, drugs and chemicals. Notes unsettled prices and demand for many items including alcohol, cement, wax, coal, and grocers’ commodities with numerous price ranges and firm or dull trends.

Boston Portiana Cambridge Philadelphia Rosendale Rio East India West India Java Maracaibo Laguayra Jamaica Manila Uplands Gulf Domingo Lima Sapan Gambier

Very strong at 32 36c refined camphor firmer

Market notes strong at 32 36c for camphor while prices on camphor firmer. druggists and varnish gums in good demand and firm. many items unchanged though lemon and peppermint show shifts. general dry goods and fisheries trade improving with wide ranges in oils and resins.

Chicago Cassia Canton Sagua Porto Rico New Orleans Surinam SUMAC Sicily

Fall boot and shoe trade shows strong demand and labor strain

The fall season ends with factories running full as orders remain heavy and shipments exceed last year. Spring samples are ready, salesmen travel soon, and wax boots and grain shoes stay in demand. Labor troubles in Brockton and Lynn cut profits, prompting talks of employer combinations. Weekly shipments total 76,240 cases outside New England, with Jan 1 to date at 1,979,620 cases versus 1,996,452 last year.

Brockton and Lynn Brockton New England

Foreign Exports and Shipments Listed by Port

Be ar River NB schooner Florence Christine reports 125 barrels meal and 125 barrels other goods. St John NB schooner Alice S lists 315 barrels pork 215 beef plus 6000 feet amber. Lunenburg NS schooner Clifford carries 50 barrels meal 50 bales oakum 15 cases lard. Halifax NS brig Albion ships 875 barrels four 500 catmeal 57 cases 15 barrels kerosene. Port George NS schooner Portland exports 5 barrels kerosene oil 10 barrels meal 1 case 1 can kerosene oil. St Thomas shows King L Staples goods including apples beets cabbages cauliflowers celery game pears potatoes grapes oysters smoked salmon codfish etc. Liverpool England steamer Pavonia cleared Sept 18 with butter beef loxes bacon lard cheese waste leather ink pork views scales machinery typewriters cranberries staves and other items totaling large quantities.

Fall River New York Michigan Ohio Indiana St Louis Ilinois Minnesota Liverpool London Antwerp Australasian Melbourne Sydney Adelaide Brisbane California Baltimore Boston Philadelphia Valencia Sultana Slec Muscatel Turkey Ford Virginia Rodi Messina Palermo Naples Dananas Aspinwall Jamaica Baracoa Warren Powder Mills Eureka Boston Sporting du Pont Eagle Montevideo India Calcutta Gray Western Elaine Bear River ST Thomas King L Eng Pavonia Boston and Albany Grand Junction Railroad Providence Railroad Bates Wool Old Colony Railroad New Keanu Maine Batirosa Lowell Railroad Peabody, Salem Sea

Sept 23 Market Live Stock Totals

On September 23 the market reported the total head of live stock sold or present. The figures cover cattle hogs and sheep with counts by category and overall market activity for the day.

Live Stock Prices and Trade Across States and Markets

Drove lists across Maine New Hampshire Vermont New York and Canada show cattle and sheep offerings with dozens of named dealers and quantities. The report covers horse demand, beef and store cattle, dairy cows, veal calves, store pigs, and western/ export trade prospects with weekly price movements and upcoming ship sailings.

Brighton Sean Edlrwcer N.B Boston Albany North Road New England Maine J G Littlefield J H Fogg Libby & Son P W Thompson Breck & Wood W A Farnham W P Dwyer J A Piper R G Kimball A A Pond Combs & Farrar J Engram A Williamson C H Kidder M G Flanders H V Whipple Sargent & Turner B S Hastings Stocker Bros Gilfillan & Blanchard R L Fairbanks F Charlton FS Kimball C W Bragg H F Gilberts G E Churchill N K Campbell D Allen J Carroll L W Tinker W Ricker M C Roundy R Pollard H Ingerson T Aes Hurlbur E Smit O C Robinson Long Westeyn N Monroe Hollis & Co H Eames Farrell & McFlynn W Scollins Canada C H Potter M R Nelson S Hastings S Howes McCracker Gardner Liverpool Lle Wetherby London Gothenburg Washington Street J H Dardis New York Maine Castle Aroostook County Portland Watertown Glines & Weston P W Thompson & Son A C Foss J Fawry J W Thompson Aroostock County E Smith G W Wears S D Allen W Fisher Gilfilian & Blanchard I B Sargent Lambs CH Kidder H A Wilcox RP Pollard BMR Nelson Thompson & Son J F Lowry F H Coolidge New Hampshire Dow & Moulton Aldrich & Johnson J O G & Churchill H Ff Gilbert F S Kimball F Cuarlton BS Hastings Sargent & ‘Turner H V Pate J Engrem J A Piver A Farnham Hall & Seaver Massachusetts J S Henry Scattering L Morse Berry Sanborn Hathaway & Jackson Montpelier CA Bruce B Long George Harris HK F Adden R P Pollard J O Sanborn & Co W Scotlans EH Eames Monroe A N Monroe Henry W Scollans J D Hosmer J Meloy F H Coolidge & Son

Foreign Markets Scan From London and Liverpool News

Market notes from London and Liverpool detail U S bond prices, wheat and corn futures, and steady bread stuffs. Securing demand from the continent boosts rates while Indian and UK imports show slight activity. cotton futures trade firm with multiple months listed and varied quotations.

Ocovwmercial London Beerbohm Merchants’ Exchange Mark Lane Liverpool Paris United Kingdom California Uplands Orleans

Mills and Dow railroad contract dispute settled for trial later

Court record from the eighth circuit on September 23 before Judge Carpenter shows Mills versus Dow regarding an assignment to construct the Boston and Mystic Valley railroad. The case was settled and removed from the jury, jurors excused to September 30 when trial by assignment will place cases on the docket.

Mills

Libel for damages in steamboat collision case

U S district court hears libel by Boston and Hingham Steamboat Co. against towboat Wesley A. Gove for damages from a collision with the Rose Standish on Aug 23 1854 as the steamboat left Rowe's wharf bound for Nantasket at 5 15 P M Hearings opened with Dabney Cunningham for libellant and Dodge for tow boat present.

Boston and Hingham Steamboat Co Wesley A. Gove Rose Standish Rowe’s Wharf Nantasket Libellant Ate Gove Dabney Cunningham Dodge

Supreme Court Holds Bay Windows Must Be Removed

In a Sept 23 session before Judge Freer and Judge Allen the Supreme Judicial Court resumed the case Thacher executor vs Doolittle et al, and ruled the earlier order removing bay windows on Back Bay passageways stands. The court refused a rehearing or stay and ordered removal within 30 days, noting restrictions on stables and manufacturing use and a 16 foot Back Bay passageway must stay open to the sky.

Supreme Judicial Court Freelb Thacher Doolittle Ellen O. Cooke Henry B. Williams Commonwealth Boylston Newbury Streets Supreme Court General Court Thee Poe Euans- Hie Justice Allen Equity Court Harbor and Land Commissioners Henry Bigelow Williams Kensington Street Attorney General George 8. Hale Clany, Vendome Aeans Bay

Liquor law violators fined in municipal court appeal

Annie Waters Martin McCormick and George F Noyes were fined 100 dollars and costs each for liquor law violations and appealed. Daniel W Robinson charged with uttering a forged 30 dollar check on Oakland National Bank Gardiner Me held 2000 dollars for superior court appearance. Edward S Springer charged with assault and battery on Michael Walsh with a club held 500 dollars for upper court appearance.

Annie Waters Martin McCormick George F. Noyes Daniel W. Robinson Oakland National Bank Gardiner Edward S. Springer Michael Walsh

Maritime libel trial over Rose Standish collision

In United States district court on Wednesday the libel suit of Boster and a steamboat company against the steam tug Wesley A Gove proceeds. The plaintiffs seek $10,000 for damages from an August 28 incident at Rowe's wharf involving the Rose Standish. Mutual negligence is alleged.

Nelson United States District Court The Boster Steamboat Company Wesley A. Gove Rowe’s Wharf

Work on Worthington pumps ends with no evidence found

Boston officials hold a water committee hearing on the Worthington pump contract. Lawyer Godfrey Morse presents Tyler's statement, claiming improper procurement and lack of competitive bidding. Witnesses call for public records, appraisals, and cross examination, while the committee defers action and hints at future inquiries.

Worthington Water Board Common Council Alderman Smith Osborne Fisher Hill Smith Godfrey Morse Simmons John G. Blake Wm. P. Tyler Mr. Morse Tyler Alderman Donovan Rosnosky Miller Worthingtons New York William B. Smart Havana Donovan Mr. Tyler City of Boston Committee On Water Simmon C. G. Hildreth Holly Manufacturing Company W. A. Brown Deane Steam Pump Company L. C. Lamphear Davidson Steam Pumping Company The Henry M. Wightman Messrs. Worthington Linfer Leavitt Henry C. Worthington Charles C. Worthington Hyde Park Tod New Bedford Mass Montreal Wilmington Del H. C. Worthington E. D. Leavitt Daniel H. Johnson Whitcomb

Little Rock and Fort Smith clash over river bridge tolls

News from Sept 19 reports the Little Rock and Fort Smith railroad bridge at Rock Street across the Arkansas River enjoying a busy period of charging tolls to rivals. Iron Mountain trains are diverted downstream due to repairs, while LR&FS seeks leverage over past rates including 6 dollars per freight car and per engine, plus high passenger charges. The Iron Mountain plans a new wagon and footway for six years post completion, potentially reshaping river crossing habits.

Little Rock Ft. Smith Arkansas River Rock Street Iron Mountain Railroad Wood Iron Mountain Little Rock and Ft. Smith Company Lion Mountain Jay Gould

Also Mentioned on This Page

Boston Post Finance and Trade Orkers’ Sterling Ccccecs Cece ComMercial Duis Reichemales Cccccessees Pibdos Sc Casonsteverdnesnasnascesce New England Telephone Company Lamson Cash Railway Boston Belting Oriental Metal Manufacturing Boston Rubber Shoe Company Fitchburg Road Cambridge Horse Road Portsmouth Great Falls and Conway Commission Foote & French Bankers Congress St Boston Stock Exchange T Brokers’ Board At& SF Rig St. Lo’'st Denver Quirct Ceseres Bow P Ease Bos Land Bell T Brie Leip & Tel WN Eng Boston Mining Stoox Zechangs Rome Rene Ce Beles ADTIC Top Santa Fe Bowman Boston Water Power Boston Lado Third National Bank Fitchburg Rd Northern Eid N. H Saco & Ports Detroit Mich Bath Kan City and Cameron Rutland RK Detroit, Lansing Nor Sioux City Gedar Rapids Missoun Rd Bur & Quincy Den Atchison and Topeka Francis Henshaw & Co Boston Nat. Bank Hoston National Bank Soston & Mame Hd Boston and Revere Beach Raster Mailroad Roston & Lowell Rd Itchbarg, Rairodds Ve Worcester, Nashua & Rochester Boyr Boston & Albany Railroad Cambridge Horse Portsmouth, Great Falls Cereeereee Lamson Casa Railways Ccessses ecerrecscoelOl McKay Metalic Fastening Co Lawrence Jierse Rutland Rd Ft Smith NEW York Financial Nome Balea Canaca South Dal L. & West Delaware & Wed Denver & Risg Eecressrsres Kansas Texas Lake Shore Louisville & Nash Hichigan Central Miscoot Pacific Memph's & Chita En Jersey Co Alten Au Haute Adams Express Eecersees Central Iowa Seeanee Neeereee Senee Chenneeke & Ohio Alien Uae United States Chi Toute & - Il Wabash Pac San & Cleo Eseceneeve Coltm an _ Wayne Sos Hart & Brie Son. & i GO Inc Mindlig Romestake Con Cal & Va Kentucky Rochelle Vermont Choice Vermont Western Creamery Nova Scotia C. B Rangoon Patna Havanna Bond Madceira Malaga Graham Burgundy Missouri Boston Boot and Shoe Trade Hostol Glasgow Scot Hibernian Curtis Saring Bros & Co Brown, Shipley & Co Baring Bros & Co Beal, Hagins & Henderson Ewing Bros & Co White & Co Whitney & Co Iron Norway Iron and Stee!co Brown Bros & Co Stoddard, Lovering & Co Jordan Waldo Bros Jones Bros Johan Johanhiesen William O Townsend Fiske & Coleman Prgs Lovering & Co Bolls Mediterranean Lizzie Leghorn Charles D West Ccce Cains Dales Brighton and Watertown Geo J. Fox Maines Ccs Swank N Hampshire Wake Canadas .Co Cattie Sweep City United City Extra India Western Steam Tierces City Continent South America Western T Tinfirm Speller Rm Wisconsin Nebraska Silec Milwaukee Cincinnati Toledo Telegraph ehScksass Aig Great Britain France Mobile Charleston Augusta Louisville Atlantic Great Western Illinois Central St Paul Court Record Circuit Court Carpenter U.S. District Court Allen Hale Glenn Hill Pike Dean Rey S H Winkley Frant W Mayer Anna Davin Wood—Leonard N A Apollonio J P James E Wood Carrin J Leonard Baldwin Mary Baldwin Beone Sutton Dolly Ac Ee Phineas Beone Donahue Charlestown Elizabeth G James and Mary Donahue Doody Nellie E Doody Henry Edwards Farrell John Farrell Hippler South Boston Donald Hippler Moulton Oily Hospital Ann M Moulton O’donnell Boston Highlands Francis B O’ Donnell Paine Holbrook Benjamin Paine Perabo West Roxbury Christine Perabo Michael Perabo Richmond Foxborough Tryphena Crane Carmi Richmond Sumner Brookline Wilmer Jefferson Samuel Adilia M Sumner Wheeler Bees Betsy Wheeler Seow —Ere Gloucester James C Wild Committee ON Godfrey Morée Ft.Smith Tron Mountain F. J. Freeman Crescent Beach Revere J. Theodore Gurney Concord Street Adolph Vesta & Co R. I Isabella M. Smith R.E G. W. Fentress Grocers Norfolk Gut City Ala A. S. Wickham & Co Winfield Kan Suffolk County Heat Estate Pacific National Bank D. Brainard Spooner Harm J. Leroy Rowe Alvin Co. Norcross Richards & CO Samuel Bunting’s Sons & Co Lippincott, Son & CO Market Street MH. le Day & CO Stoux Auctioneers Merchants’ Exchange Building Boom State Street Exchange Placs USS Telephone Nho. Be Yprahals Shoe and Leather National Bank Charles River Street Colem Azyj Viuti Merchants’ National Bank Central National Bank Worcester City National Bank Mechanics’ National Bank Cambridge H RR Union Burton Stock Car Co Washington Mills T Fairbanks Co Sedalia Wisconsin Central Ogdensburg Lake Champlains Sandusky & Cleveland New Albany Consolidated RR of Atchison, Topeka & Santa Fe Rancis Hensbaw & UG No Uotoneres Brokers Afpaaisina Béatestres Orcham Kzemamae Iuliding Eloer, Beem Es Bostom Stiek Rixekants Atauls Balas Vergee Ane Basurday Dooley Patent — Printing Co Pueblo Smelting and Refining Co Old Gotong Krrk Co Exeter Machine Works Fitchburg RR Gt Falls McKay Metallic de Lawrence Gaslight Co Portland, Saco & Portsmouth de Hoosac Tunnel Dock and Elevator Co Essex R R &S Rutland R Kist Lake Champlain National War Co S. KB. Hnights & CO Main St Cambridgeport Pynchon Street Michael McWeeney Suffolk John Utley Roxbury Lowell Street D. A. Simmons Said Simmons Polly Lewis Owls Grammar School Keph Smith Utley Albert Howe Ross Gag Horatio Harris & Ogi Auctioneers and Commission Bierahanmtse No Insurance North American Insurance Co State ST Hilley Street Albert Bowker Spring Garden INS the Exchange Fire Ins. CO Ace On Aan Traders NEW England Mutual Life Ins.Co Bens F. Stevens, Pres Jos. M. Grerzns Office Square Oscar E. Boglittle Congress Street Western Farms John Jeffries & Sons Devonshire Vicinity Ames F. C. Hyde Milk Street Nash & Cushing, Note Brokers Worcester, Naseua and Rochest Terk Railroad CO T. W. Hammond Suffolk National Bank of Boston Summer St Ingalls & Ha Tor Tm Tuthge Prepés
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