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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Sep 29, 1887

Page

6

Money Market Gains Easy Money Tone In Boston

The Boston money market strengthens with loanable funds at creditor banks, general rates easing to six percent amid expectations of sustained easy money. Bond offerings stay light as authorities report ample circulation and little need for Treasury aid. Also modest stock gains across Atchison and eastern railroads. investors watch short interests and new stock issuances.

Boston New York Treasury Department Sterling Exchange Continental London West End Atchison the Stock Exchange Charles C. Jackson Jackson, Curtis & Co Atchison Bears Atchibon Venner-Atchison Kansas Ort. J Venner California Southern Atlantic & Pacific Chicago & West Michigan Flint & Pere Marquette Wisconsin Central Union Pacific Chicago Burlington & Quincy Chicago, Burlington & Northern Kiernan Chicago, Burlington & Quincy Chicago, Burlington& Quincy Northern Iowa Louisville Evansville Evansville & St. Louis Mexican Central

Banks and Companies Declare Various Dividend Rates

Several banks and companies announce diverse dividends including Central National Bank at 3 percent Union National Bank at 3 percent Old Boston National Bank 242 percent National Bank of Commerce 3 percent Bourne Mill Company 1 percent South Danvers National Bank 314 a cent Leicester National Bank dividend unspecified Cutting Car Company 3 percent quarterly Andover National Bank 34 2 percent semi annual Asiatic Nations Bank of Salem 5 percent Marblehead National Bank 8 percent Lawrence National Bank 8 percent semi annual

Central National Bank Union National Bank Old Boston National Bank National Bank of Commerce Bourne Mill Company Fall River South Danvers National Bank Leicester National Bank Cutting Car Company Andover National Bank Asiatic Nations Bank of Salem Marblehead National Bank Lawrence National Bank

Quotations Corrected Daily From Boston Stock Exchange

Officials release daily corrected quotations from the Boston Stock Exchange based on official reports. The corrections reflect updated bid and ask prices across listed securities and are published for traders and institutions.

Boston

Stock Sales at Auction by R. L. Day & Co

New York stock market totals 250832 shares traded today with R L Day & Co reporting shares sold. The list shows opening, high, low, and closing prices for each issue and compares to yesterday's closing.

R. L. Day & CO New York

Mining and Miscellaneous Stocks Reported by Wilson Fay Co

Stock list from Wilson W. Fay & Co in Boston details mining and miscellaneous shares. Sales dated Sept 28 list prices and percentage changes for multiple issues, reflecting market activity and investor interest in resources and allied sectors.

Mining and Stock Exchange Boston Wilson W. Fay & Co State Street San Francisco Cal Best & Belcher Ophir Col Crown Point Union Gould & Curry Utah Hale & S Norcross

Money market and stock rally after early dullness

New York reports money on call easy at 4 to 6 percent with last loan at 4 4, market strength after 2:15 p m lifting Readings and North Western 7 0 and 7 0. Prices closed best of day while railroad bonds and list overall firm. Ex sources note Mackay cables sale talks and potential Baltimore & Ohio telegraph purchase, with earnings comparisons for St Paul and grain shifts influencing market tone.

New York Prime Mercantile Sterling Exchange Reading North Western Jersey Central Missouri Pacific New England Richmond & West Vanderbilts Texas V Pacific Rio Trust Canada Southern Hocking Valley Erie Gull Colorado & Santa Se Louisville New Albany & Chicago New York City & Northern Trust Peoria Decatur & Evansville Wabash Chicago Detroit Green Bay Mackay Western Union Baltimore & Ohio Telegraph St. Paul Armour Chicago & Northwestern Company Treasury Richmond P Teqminal Maine P Connor J W Clough Tratton & Wardwell F Hayden R W Brown P Thompson C Libby & Son Weiler & Libby Shee Merrill & Arnold H_ Merrill Wardwell W_ Hall & Son H Coolidge & Son A Worthern M G Flanders Leon A Pond FS Iimball N E Campbell W G Townsend Combs & Farrar Dwyer Lavene Massachusetts W Meiley J & Henry Scattering Nieuw York W Fisher T Fisher J Shirley C A Burdick A Lalone D Fisher O © Robinson L Morse W Scollans Canada J Wright J & J Kane H D Clements H Howes WC Denesha BS Hastings EF Adden D Keefe S H Jones F Gosselyn R Goodfellow D McCracken J N Morse J A Hathaway Russell’s Ellsworth Bros Wisconsin Hobert Ohio Washington Territory Welch & Hall’s

Railroad Kings Plans Consolidation Formation of NY, Chicago & St. Louis

Consolidation papers filed in Harrisburg to unite New York Chicago and St. Louis with Cleveland State Line and Fort Wayne Illinois into a single company led by Vanderbilt family Chauncey Depew names the Cleveland D Caldwell as president The $30 million capital aims to extend the Vanderbilt system west Reading trustees negotiate lower Catawissa road rental with 7 percent preferred dividends and a $155000 mortgage due next year possibly replaced by new Reading 4s Ex assessment quotes and negotiable certificates expected

State Department Img Harrisburg Penn New York, Chicago & St. Louis Railroad Company Cleveland & State Line Railroad Company Fort Wayne & Ilinois Railroad Company Consolidated Company William K Frederick Cornelius Vanderbilt Chauncey M. Depew Daniel W. Caldwell Cleveland Reading Philadelphia Catawissa

Rail freight classification likely abandoned after disagreement

Pittsburg dispatch reports proposed single classification for trunk line freight NY to Pacific may be dropped as Western and Eastern roads fail to agree. European rate question settled to lines' satisfaction. Wheat export moves from Chicago to New York at 25 cents per 100, 28 to Philadelphia, 22 to Baltimore, with ocean rates added. Steamship rate cuts should not affect railroads.

Pittsburg New York Pacific Coast Chicago Philadelphia Baltimore

Pacific Mail directors postpone meeting over holiday

The Pacific Mail Steamship directors did not meet as planned on Wednesday. Henry Hart will not resign the presidency until after the Hebrew holiday, due to religious scruples. Hart would not confirm or deny a rumor of selling Pacific Mail stock to Jay Gould. Other items note a lease hitch for three railroads to New York & New England and insurance needs tied to a Connolly suit.

Pacific Mail Steamshi Company Henry Hart George J. Gould Hart Pacific Mail Jay Gould Ashland Franklin Mass New York & New England Railroad New England Patrick Connolly Caryville Hopkinton Railroad Company Supreme Court Consolidated Boston & Maine Railroad Boston Chicago Grand Trunk Michigan Central Lake Shore Fort Wayne Baltimore & Ohio Baltimore & Ohio Road Philadelphia Parkersburg Valley Railroad Virginia St. Paul Mississippi la Crosse

Commodity Prices Steady Across Agricultural Goods

Wool unchanged while flour and corn show firmness. Potatoes rise, beans in quiet demand, and hay, straw, rye, and oats largely steady. Butter, cheese, eggs, pork, lard, hams, and fresh beef stay firm or unchanged. Sugars, molasses, and millfeed remain quiet with modest activity across markets.

Wool Market Weak Yet Some Gains From Money Ease

The wool market shows little price movement with overall dull trading. Buyers visit daily, prices steady, and concessions common. Ohio, Pennsylvania and Western fleeces remain firm, while territory wools stay weak. Boston and New York reports note a weak market but improving demand as money conditions ease. Listings include varied fleece grades, delaine, and carpet wools with numerous regional price points and large weekly receipts.

Ohio Pennsylvania Kentucky Indiana California Boston New York Philadelphia West Virginia Michigan Wisconsin Canada Iowa Kansas Nebraska Minnesota Colorado Texas Isa Utah Wyoming Montana Mermo

Market Report on Wool Prices Across Regions

The report lists varied wool prices in Western and St. Louis markets with grades from super to merino and shiags. Texas buyers quote spring clip categories Fine to coarse with shrinkage and prices ranging from 5 to 20 cents, reflecting subdued activity coast to coast.

St. Louis Texas

Also Mentioned on This Page

Css Backsndvssee Vra senveiOl le Yo Sonora Oregon Short Line Us Birmingham Trust Chicago, Kansas & Western Eastern Railroad Boston & Maine Boston & Lowell Rutland Central Massachusetts Fitchburg Fitchburg Railroad John P. Squire Park King Squire Boston & Albany Hoosac Tunnel Albany Riverside New York & New England Common New York & New England West End Land West End Preferred San Diego Friends of San Diego Land Bell Telephone Quincy Osceola American Electric Manufacturing Newport T& Pe Be& Tiss Usta Seise Cc B& N Ee Union Pacelfie T& SF CM & St P So Kan Ay &Sk T&s Feoll Es Sa Sas C&w E. KC Cl& Spr Sea Bell Tel Lamson da Franklin Oe Quincy Ee Aspinwall Boston Land Bam Ny&ne St. Paul & Nor Pac Nor Pac. Os Massawipe Valley Isles Cedar Rapids & Mo Valley A. T Francis Henshaw & CO Old Boston Natl. Bank Weeeesese Freeman's Nat Sseese See Merchants Bank National Rockland Bank Ecess Freeman’s National Bank Lyman Mills Esenee Naumkeag Steam Cotton Co Lancaster’ Mills Lowell Manufacturing Co York Manufacturing Co Lawrence Manufacturing Co Thorndike Manufacturing Co Great Falls Manufacturing Co Dwight Mills Giik Brheiho West Kind Street Railway Lombard Investment Pueblo Smelting and Refining Co TOA Lynn Gaslight Lions Eseeveneee B Jamaica Plain Gaslight Co North Chicago Rolling Mills Portland Little Rock & Fort Smith Allonez Mining Ueeseseeete Rappeehannock Eeeseeessrereeee AG Catalpa Aiden Ao Oee Aimer Electric Mig. Co Enterprise Chemical Co Atch Top Santa Fe Bur N.Y N. Te Allovez Mil. Arnold Rapna Bile Sule Eho Stormont Bonanza Sutro T Tere Bowman Reece jAm Elec. Brun Bur.c.co BR. AG Crescent OS AL Ken Ch. al «l Casi Jounkin L.A W.M Finron Mesnard Kings & Pett Seve Long Island Lou. & N Man Beach Wien Il Man Eley Mich Central Minn St. Ies Pacific Essex Ash Northwest Soo N .H Oregon Ween Teding Das Ae Vy Rich. & al Dan Roch. & Pitts Rock Island St A & FP A. Nee Texas i Avific Toledo & O.C Nion Pacific Ener Utica & B.lr L. E Pullman Pal Tee Eeeer S. Eis Reith O. Nay Lets W. Shore Oath Express Companies Adams American Vo Mining Companies Amador Sodie Ontario Phoenix Prunswick Standard Risto iSurinam Homestake Tenn. C N. Belle Isle Devonshire Street Kidder, Peabody & CO Nassau ST Boston Stock Exchange Brokers’ Board LOTO Sean Kk & W West Ind A. T&sf A&p Cb& N Ny& NE Wis Ee A. T&sf Atlantic Bonanza Development Boston & Montana Kruunswick Antimony Calmet & Hmecla Quincey Ammutaces Ee Land Companies Brookline Scsee Westndicds Enderces Sous Oys Ee SO Atlante & Vacine Southern Incomes Peaea Vo Chi Kan Western K.C St. Scott & Gull Central Inc New Eng New N.y.a& N Topeka & 8 Boston & Providence Chi Bur. & Northern Central of Mass Com C., Sand Cleve Canton Ffustern Seem Falls & Con Summit Erie Telephone Laimson Store Serv. Co Pullman Palace Second National Bank Exchange National Bank Old Boston National Bank National Bank of Republic National Bank of North America Blackstone National Bank Tremont National Bank Dedham National Bank First Ward National Bank Woburn First National Bank of Chelsea Amoskenny Manuf. Co Boston Belting Co Manchester Mills Bates Manufacturing Co Hamilton Manufacturing Co West End Street Railway Ao Co Boston Consolidated Street RR Somerville Horse Railroad Boston & Maine RR Vortsmouth, Great Falls& Con Minneapolis Dover N. H Stanklin County Vigh- Lowe Wee Alt & T. Benee Atr L K&n Oly Central Pac Ches Dh B Eula Cols Wg del. & Ii Osaka East Tenn Lexus Ill Kau Tex T Sec. Light Phonix In. & St. Louis Eastman Ar Heater Sota Maverick Lance See Kensington Chair Lione Rine Lord Acoustic Telephone NEW York Financial Railroad Kings Valley Oregon Ohio Delaine Delaine Kansas Choice Texas Med Georgia Uuw Watertown Brighton Yard Boston Post George J. Fox Swine Issee Hampshire Vermont Seel Wealy Watertown Seeeseece Eastern N. B Brighton Friend & Allen Tbs Hall & Son J D Hosmer J Melloy Union Market W A Denesha HT Clements Lalone C H Merrill P W Thommson & Son Som Holton Weiler & Libey Presque Isle Bucks I C Libby & Son F W Hayden JW Clough
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