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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Sep 24, 1887

Page

6

Money Market Mixed as Banks Ease and Stocks Move

Boston money market holds steady with banks well supplied and discount rates around 6 to 7 percent. Treasury and stock market activity shows gains and losses across rails and industrials, with large transfers from New York and Western states, plus a note on Eastern railroad dividend expectations and new electric motor tests in Boston.

Boston Aldrich New York St. Paul Minneapolis Saale Europe August Belmont & Co J. Kennedy Todd & Co Messrs. Green & Bateman Telegraph Clark, Ward & Co Treasury United States National Bank Atchison Atchinson Company Chicago Burlington & Quincy Chicago, Burlington & Northern Chicaco Burlington & Northern Union Pacific Cincinnati, Sandusky & Cleveland Cleveland Canton Flint & Pere Marquette Common Atlantic & Pacific Summit California Southern Columbus Springfield Cincinnati Wisconsin Central Mexican Central Kansas City Memphis Birmingham Oregon Chicago, Kansas & Western New England Chicago, Bovington & Northern Eastern Railroad Company Boston & Maine Concord Manger Furber Eastern Railroad Astern Railroad Eastern Common Boston & Maine-Eastern Eastern Boston & Lowell Massachusetts Shampshire Boston & Well Old Colony Boston & Albany Connecticut & Passumpsic Fitchburg West End House Railroad Fidently West End Land Company San Diego

Dividends Declared by Diverse Firms and Banks

Several companies announced cash dividends with varied rates. Fire Insurance Co of Boston. Evansville Terre Haute Railroad. Lamson Store Service. Flint Mills Fall River. St Louis and San Francisco second preferred. Central National Bank of Lynn. Salem National Bank of Salem announce pay dates and rates, with meetings noted for some.

Clossold Asi Pac S. Ae B. & Q. Ener Anonoz Atahug Bonanza Dev Boston & Montana Cleve del. & Hi Franklin del. & L Eric Quincy Tamarack East Tenn Aspinwall Fort Wayne Boston Brookline House Texas Maverick Ill Central Tae San Diego Westin Kings & _ en Aig Atchison Ass Yires Atlantic Kan Western Bs Lou N.A Western Man Beach Elev K.C Fr. Scott & Guif Joe & C. Bluffs L. Rock & St. Oo Central Inc St. Lis al BS Ohio N.Y Nash Chat As Cent L. Champlain Ga UL. Champlain Nothwest Om Valley Rutland N. Y Rutland Os N. Rat Oregon BEL Atch Topeka 8. Fe Alizniic & Pacific Boston & Albat Boston & Lowell Rich Boston & Maine Dan Lorton Providence R. A W.P Chi Northern Pitts W. Michis van Ally Snia Southern Si. L Ss St. Paul Sant Cleveland Looy Aiese & Canton St. P Moy Canton Fitchburg Een Pacific Flint & P. Marq Toledo & C. Eeae Pene & P. Marq Union Pacific N. Eng Oregon Im Old Colony Pacific Mail Falls & Con Pullman Pal Pee Ratland W. Union Summit Bi P Ranch Sess Cnce Wis Central. Com Bell Telephone Erie Telephone D&b. G. W. Mex Telephone Lamson Store P&p Pullman Palace St Erie K.& TI An. P Tex. P. L. G Isia Tex. P Gre N. Pac W. Shore Express Companies Adams American Wells Fargo Amador Siew Lest & Bel R AL Ontario Brunswick Phenix Bulwer Queiksilver Bys Col. Coal Con Cristo Fenn Firemen's Fire Insurance Company Evansville & Terre Haute Railroad Company Lamson Store Service Company Flint Mills Company Fall River St. Louis San Francisco Central National Bank of Lynn Salem National Bank of Salem Mass

Boston Stock Exchange Morning Call Window

The report notes pre market activity at the Boston Stock Exchange from 10 to 10:30 A M with calls and bids listed. Traders monitor early bids, prices, and volume as the market opens.

Market debts and trust receipts show mixed gains

Santa Fe bonds rise to 68 114 and 1/2 while Nickel Plate trust receipts fall to 96 1/2 percent. Shenandoah Valley general 6s advance to 144 but Wabash Chicago 5s slip to 90. L B and W income trust receipts edge to 114 and 31 percent.

Santa Fe Nickel Plate Trust Shenandoah Valley General Wabash Chicago

New York Financial Market Mixed but Fading Money Stress

In New York finance notes the money market stabilizes after a scare with rates steady near 4 percent for bills and 4.83 for demand. Bonds and railroad stocks show dull activity though some gains occur in Lackawanna and other names. At session end, prices drift lower with a quiet heavy tone and limited turnover.

New York Prime Mercantile Sterling Exchange Eigland St. Paul Western Union Reading Richmond & West Point New England Atlantic & Pacific Chesapeake & Ohio St. Paul, C. & M Hocking Valley Mackinaw & Marquette Guilt Colorado

Mining stock closing prices in San Francisco report

San Francisco reports official closing prices for mining stocks dated September 25. The list includes Best & Belcher, Rodman Con, Crown Point, Gould & Curry, Union Con, Yellow Jacket, and others with varied price figures such as 5, 8, and 3.6.

First Board Dunkin Mining Serene En Nant Bowman Silver Ee Ee Rappahannock Mining Ie Oese Franklin Mining Napa Mining Stormont Eereus Sestoveeeser Bonanza Tuney Alloveez San Diego Lord Acoustic Telephone Aimer Mig N.E So. Side Ald Bowman Sutron Reece Elec Brun. Wd Bur.c.co Catalpa Bruns. B Crescent Ken LordAc Dunkin Mass L.A Empire Lutron N.e.wom Mesnard Wilson W. Fay & Co State Street Borton Addax Basting Mach Summit Branch R. Ri Eastman Car Nantucket R. R Kensington Chait Mckay San Francisco Cal Sea Alaettisiaty Rodle Crown Point

Pacific Railways Inquiry Probes Costs and Influence

The inquiry resumed with General Dodge as first witness. It compared a Cheyenne to Omaha route cost of 36 million and examined Bushnell legal payments. Witnesses, including Judge Thurston and General Fremont, described speeches, stock deals, and influence in early Union Pacific affairs.

New York Investigation Commission On the Affairs of the Pacific Railways General Dodge Cheyenne Omaha G. H. Bushnell Thurston Union Pacific Nebraska John ©. Fremont Pathfinder Thomas Ewing Leavenworth, Pawnee Western Railway Washington

Railway fever spreads in Manitoba amid Red River project push

Winnipeg reports public meetings to fund the Red River railroad despite injunctions. The Hudson Bay Northwest line revival and a proposed third railway line spark provincial agitation with troop garrison rumors. Also noted are cost-cutting at Baltimore Ohio, bond moves, and rail earnings shifts.

Winnipeg Red River Hudson Bay & Northwest Central Victoria Red River Road

Trade agents and firms listed by city and representative

A survey of agents and firm representatives by city shows numerous names and firms across the United States. The list includes Augusta Atlanta Cedar Rapids Chicago Charleston Dallas Detroit Fernandina Galveston Kansas City Macon Norfolk Portsmouth Pittsburg Port Henry Richmond San Francisco Savannah St Louis Toledo and more with surnames and associated companies.

Augusta Jd Whittendale R McKnight Raw Atlanta E Kingsbury Bates & Co J A Smith Moore, Marsh & Co Cedar Rapids Mich A B George George Weeks & Co Cuconet EF Thorne Thorne & Co Chicago H Hills Doggett, Bassett & Hills Co P Dodge Phelps F Gabell & Bro. Craw Fernandina Fla Kansas City P Sidwell Kendall Boot and Shoe Co Craw Macon M Solomon Coleman, Burden & Solomon J M Dunwoody Witkowski & Dunwoody U S Norfolk R Phillips K Phillips & C San Francisco Cal Rehfisch B & S Co Savannah H&s Meinhard Meinhard Bros & Co J Rosenheim J Rosenheim & 10 W Alien Claflin Allen Shoe St Louis George W Brown

Alleged Insurance Fraud Arrest Tells Tale of Faked Society

S B Harvey treasurer of the Supreme Assembly Royal Society of Fashions Unity Loyalty and Benevolence was arrested at the Insurance Commissioner Merrill's request for taking money under false pretences. The society allegedly lacked legal authority and Harvey allegedly held president and treasurer posts, diverting funds to himself. He says he was ignorant of illegality and was bonded.

S. B. Harvey Supreme Assembly Royal Society of Fashions Merrill Harvey

Commercial Market Report Shows Steady Prices Across Goods

Commodity listings indicate steady demand and prices for fish, rye flour, malt, millfeed, butter, cheese, eggs, pork, lard, ham, fresh beef, and sugars. Quiet or unchanged trading noted for flour, corn, oats, oatmeal, potatoes, hay, straw, grass seeds, tallow, apples, truck, and molasses with some minor softness in oats and potatoes.

Large mackerel trade boosts week in Boston market

The Boston fish market reports strong mackerel receipts and brisk sales with prices steady from the prior week. Codfish, herring, and canned goods show tight supply and firm to higher prices as exports to the West Indies rise and demand remains robust. fresh fish arrivals remain steady with ongoing regional reports from Gloucester fleets.

Cape Ann Block Island Massachusetts Bay West Indies Boston Fish Bureau Haddock BBC Todate N. E Labrador Newfoundland Nova Scotia Cod—Pickles Bank Best Norfolk Providence Ethel Maud Barnstable Bay Middle Rock Cape Cod Thacher’s Island Halifax North Bay American Fish Bureau Gloucester Mulgrave JA Chapman Electa Haton Belle A Nauss Senator Morgan Alice Portsmouth Isles of Shoals Grand Bank Iceland Eales Shore LaHave Bik Island

Market Prices for Bay Mackerel and Related Supplies

A long list of fish prices and related products shown by grade and vessel. Bay mackerel in pickle $18 and various barrel and fare prices for Block Islands and other codfish, halibut, haddock, pollock, and herring. Also includes oil prices, livers, scraps, and recent year comparisons for Georget codfish and Bank species.

Bank Halibut Haddock Newfoundland Nova Scotia Labrador California Halifax Qdl Choice Brock Islands

Market Reports September 23 Flour and Grain

Flour market steady with light demand. Corn quiet and prices firm, with activity mostly on immediate needs. On call sales quoted many grain lots with varied futures and spot prices. inspections show 68 cars, including No 2 spring wheat and No 2 white oats, while quotations cover flour, cornmeal, rye flour, oats and bran with multiple price points.

Minnesota Michigan New York Canada Eastern

Butter and dairy prices steady across markets and goods

The market shows unchanged butter tones in New York and Liverpool with firm cheese. Eggs beans poultry and seeds hold firm. potatoes and sweets vary. Butter quotations include Western creamery 24 26c and New York creamery 2 26c. Prices for seeds, hay, and tallow listed with several regional variations and jobbing uplifts.

Liverpool New York Vermont Cherse Northern Choice Ohio Choice Llwiltee Northern Sage Canada Michigan Nova Scotia Island Ile West North Timothy Bush Clover Red Top Jersey Lungarian East Swale Houlton Rose P Bush Houlton Hebrews

Fruit prices steady as last car of peaches arrives

A steady demand supports all fruit with peaches selling at 5c per ear or 175 per basket. Apples firm with stable trade and grapes firmer. Supplies liberal and demand good with prices up about three. Plains report good demand for quality stock as steamship Elsa due Monday from an unnamed destination.

Elsa

Also Mentioned on This Page

American Electric Portland Lord Acoustic Cusi Fleury Clews Wallstreet T&sf Sp & Cin Eneeveee E- Rutland Gees Boston Stock Exchange Basset, Whitney & 60 Bankers and Brokers Devonshire Street Kidder, Peabody & CO Nassau ST Philadelphia Brokers’ Board Itan Bs Boston West End Mex Ny& Ag At & Pac Lamson Cal & Hee Eave At&p Bwa Esrag B&q Boston Law A& P B& A Anne B&n Ny&ne T&s A&p Mining and Stock Exchange NEW York Financial Red River Valley Manitoba The Baltimore & Ohio Northern Pacific Villard State of Maine Grand Trunk Railway Company Webb United States Court Baltimore Spencer Baltimore & Ohio Central T. Edward Bond Central Vermont Railroad Messrs. Henry Gaze & Son San Luis Key Flame Company Oceanside San Diego County Chicago, Rock Island & Pacific Railroad Eastern Trunk Line Association Astern Trunk Line Rock Island Road Erie New York Central West Shore Baltimore& Ohio Rock Island Eastern and Western Railroads Ohio River Ocean Poughkeepsie Bridge Company Barker Bros. & Co Philadelphia & Heading George Westinghouse, Jr Pennsylvania Railroad Pittsburg Rock Toland Milwaukee Lake Shore & Western Inc Denver Rio Grande Memphis & Charleston Sec
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