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This newspaper page contains 20 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Feb 11, 1890

Page

6

Money market tightens as banks hold ample funds at 7 percent

The market reports scarce funds at the Cearimnegt House with interbank loans and call loans rising to 7 and 7.8 percent respectively. Clearing House balances show 7 percent, New York funds trade at 20 to 26 cents discount, while New York exchanges total 67.99 million dollars with a 4.88 million balance at the sub treasury. The Boston bank statement reveals a near 400,000 shortfall below the required reserve, with a large rise in loans and deposits and a drop in legal tender and specie holdings. Bond offerings total 187,660 dollars with Treas ury actions and foreign exchange rates listed. The local stock market is dull. Atchison advances on earnings then slips, while other rails show mixed results and earnings comparisons for the week and month. The copper, sugar, and other markets move in narrower ranges amid tightening liquidity. The Financial Review 1890 edition is released by Dana & Co. and sold by J. G. Martin.

Bostrox New York Chicago St. Louis Francisco New Orleans Charleston Savannah Boston Inc Treasury Lod Frances Reichsmarks Horins Surat Atchison Atchison, Yopeka \ Santa Fe Railroad Company Monhh Baie Detroit, Lansing & Northern Ilago Boston News Bureau Saginaw Valley Detroit, Jansing Detroit, Lansing & Northern Road Detroit, Lansing & Northern Railroad Saginaw Valley & St. Louis Chicago, Burlington & Quincy Union Pacific Wisconsin Central Boston & Albany Massachusetts Railroad Commissioners Hkalances Oncw York & New England Preferred Boston & Maine Eastern Boston & Lowell Ratland Preferred Lainson Calumet & Hecla Tamarack Butte & Boston Centennial Osceola Boston & Montana Kearsurgery Napa Merton England France Chile Australia Sugar Trust State Street Financial Review W. B. Dana & Co Commercial and Financial Chronicle J. G. Martin 10 State Street Financial Chronicle

Fall River firms announce varied quarterly dividends

Holtzer Cabot Electric declares a $4 per share dividend. American Linen in Fall River declares a 2.42 percent quarterly dividend. Metacomet Manufacturing also of Fall River declares a 1.42 percent quarterly dividend. Pray Co and W Manufacturing declares 4 percent. Slade Mills of Fall River declares a 1.72 percent quarterly dividend.

Holtzer-Cabot Electric Company American Linen Company Fall River Metacomet Manufacturing Company Pray Co. & W. Manufacturing Company Slade Mills

Banking Roontes Move to New Office at 89 State Street

The firm announces surrender of its Banking Roontes at No 86 State street and relocation to first floor of the Fiske building at No 89 State street, under Second National Bank.

State Street Second National Bank Fiske Building

Voting Trust Expanded and Stock Certificates Planned

The letter lists new trustees B P Cheney Levi Wade and William J Rotch along with existing George C Magoun Thomas Bar ing Oliver W Peabody and John J McCook. It sets July 1 1895 as the trust expiry and 300000 shares as the activation condition. It notes stock certificates will be listed in Boston New York and London and invites stockholders to participate promptly.

Messrs George C. Magoun Thomas Baring Oliver W. Peabody John J. McCook B. P. Chenen Levi C. Wade Boston William J. Rotch New Bedford Mass New York London Drposit and Tres? Company Milk Street Atchison, Topeka & Santa Fé Railroad Company Sane George C. Magonn B. P. Cheney Levi ©. Wade William J. Roteh Boston Safe Deposit and Trust Company Kidder, Peabody & CO Devonshire Street

Quotations From Boston Stock Exchange Daily Reports

Quotations and last sales are provided as corrected daily from the official reports of the Boston Stock Exchange.

Boston Stock Exchange

Electric Stocks and Company Listings Summary

Electric stocks include Eastern Electric Cable Co pref and Gething Electrical Mfg Co with small holdings. Listings show United States Mailbox Co and Thomsen-Houston Co, with Thomson-Lumpean Electric noted, all from br. W. Prescott & Co. and Devonshire Street. Үнэ

Br. W. Prescott & Co Devonshire Street Eastern Electric Cable Co Gething Electrical Mfg. Co Union Electric Car Logies United States Thoimson-Houston Co Thomson-Lurupean Llec Wekling Co

New York Markets Show Dull Opening With Mixed Stock Declines

In New York on Feb 10 money on call stayed easy with last loan at 2 and bids at 1. Sterling exchange quiet with 60 day bills at 4.83 percent and demand at 4.87 percent. Government and railroad bonds remained dull and steady as the stock market closed heavy and narrow after a day of declines led by Rock Island and Sugar Refineries, with Atchison and Missouri Pacific showing strength while Chesapeake & Ohio and others slipped.

Mesnard Nicksilver National Tamarack Eee Washington Ee Ae Land Companies Anniston City Aspinwall Boston Boylston BOON Amipobello Ste East Oston Lamoing Mavehick Cess Wdport Payson Tees Penobscot Diego Sullivan Topeka Winter Harbor Winthrop Wollaston Hell Tel U. Gas Ad B. & Mo Neb L. G Q. Con Energyal Taeee Cc &W V.ich CL & Sp Hk. Oye Ss K. Ci Ft. 5 K. C M. WX K.C Bez Iss Central N.Y SLE Rlo P. D.O Oregon Oregon 3. L. 6S, 1922 112%%4 11 112% C. Con Do Inc Wsee Ore Utland Pall Jo&g I Union Pacific Railroad Companie Atch Ton. & S Atlantic & Pacific Boston & Maing Koston & Prov Seer Cal Southern SS. Va Ce Carrey Pref Geeseeats Gack Lohi & Gewees Cleve Anton Tener Fitchburg Flint & P Ft. S.J & Gulf Ais Seeley Old Colony Port Aco Lot Cove Rutland Serene Summit Union Paeiiie West Enda Nash. & Koch Tae Aim Brunswick Manganese Burton Chi Weston & Liverpool Co Org Phonograph Voy Mfg Elec Kort Wayne Hlee Sewer Ilinois Steel Co Mt. Desert & East Shore Malden Hleckie Co New York Despatch Co National Lead Trust Nat Vel Mt. Co Tos Oe Ee al” Pal. Vel Gos Sugar Refineries Co UN Nusok Houston Eve Weskee Oor Phomson Lee Welch Westinghous Blec Winiuislimimet Co Ceeeneeree New York Prime Mercantile Paper Sterling Exchange Bears Rock Island Atchison Massouri Pacific Gould Chesapeake & Ohitos Lackawanna Reading Jersey Cental New England

World financial markets and bank reports brief

London stock details show United States 4s at 126 and 107 with various railway and municipal securities quoted. Paris and London bullion movements noted. Bank of England bullion balance today £66000. Berlin Imperial Bank reports 7.5 million marks rise in specie, Bank of Bengal sets discount rate at 10 percent in Calcutta.

London United States Canada Pacific Erie St. Paul New York Central Pennsylvania Reading Mexican Central News Paris St. Paul Common Bank of England Berlin Imperial Bank of Germany Calcutta Bank of Bengal

Boston Guests Leave for Atlanta Chamber Dedication

The Boston delegation for Atlanta's Chamber of Commerce dedication departed yesterday on the 8 o'clock New York & New England train. The party includes Lane Hathorne Wilbur Lewis Leeson Breed Speare Simons Edmands Henry Russell Saylor and others. In Washington a 25 member New York group led by Depew Grace will join in, then proceed to Birmingham and New Orleans for Mardi Gras before returning to Washington.

Boston Chamber of Commerce Atlanta New York & New England Jonathan A. Lane J. Hathorne E. P Chauncey M.depew Grace Atlanta Business New Birmingham Ala New Orleans Florida Washington

History of Iron Ore Duty Increases During War Era

A well-informed tariff expert discusses how U S and British customs lists evolved from 1862 to 1901. He notes Pennsylvania iron masters added 50 to 60 items to the American customs list to boost revenue and gain market control, with duties rising above 50 percent and reaching 80 90 and over 100 percent on their extra irons.

Post Pennsylvania

Trains of Music Entertains at Revere House Café

Music from a fine orchestra enhances dining at the Revere House café during the 6 to 7 pm afternoon window. Diners enjoy live performances that augment their meals and create a refined social atmosphere.

Revere House

Commercial Matters Report of Market Activity

Dry goods more active cotton firm wool quiet flour very quiet corn steady oats slow rye flour unchanged graham flour firm cornmeal steady oatmeal dull rye quiet barley steady millfeed slow cottonseed meal nominal malt steady hops unchanged butter firm beans quiet eggs firm poultry steady game quiet potatoes unchanged sweet potatoes quiet hay dull straw steady apples firm truck quiet Mediterranean fruits plentiful Florida oranges quiet Almerin grapes firm cranberries strong pried apples in fair demand nuts quiet pork products fairly active beef and tongues quiet fresh beef about steady other fresh meats slow fallow unchanged high wines fir sugar quiet molasses slow.

Florida Almerin

Print cloth market steadies with modest demand in Fall River

Fall River reports a quiet steady print cloth market with G4s at 3c and GOx56s at 3c. Limited activity and moderate demand characterize today’s trading, with prices holding firm amid cautious buyers.

Fall River

Wool sales in London offer 12142 bales with strong demand

London wool sales totaled 12 142 bales with good demand for first class Victorias and scoured lots. Greasy wools sold readily. Details show Victoria and Natal varieties at varied prices, with scoured and greasy categories across New South Wales Queensland New Zealand and Cape of Good Hope and Natal lots.

London Cape of Good Hope Natal Victoria New South Wales Queensland New Zealand

Wheat and corn ease as bears press in on Chicago market

In Chicago on February 10 traders reported mild weather weighing on grain futures. Wheat weakened after early firmness, with bears selling and big operators mostly net sellers as cables edged higher and visible supply rose. Corn remained weak amid heavy receipts and large visible supplies, while pork futures rose early before closing near session lows as hog runs tightened margins. Closing Minneapolis data showed February wheat at 77 cents and May around 70.

Chicago Gilman, Cheney & Co Boston Bears St Hutchinson Farnum, Reardon & Co York New York Oais St Louis

Dry Goods Trade Shows Firm Tone and House Market Activity

The Dry Goods Trads notes a busy week with firm cotton prices supporting strong demand across dry goods. Woollen goods stay steady while clothing wools sell cheaply. Jobbing departments see retail activity rise as New England buyers join, and wide sheetings and fancy prints show selective gains amid steady to firm prices.

New England Utica New York Mills

Woven Dress Cloth Market Sees Steady Prices and Quiet Demand

The report notes jobbers near replenishment, favorable outlook for woven and printed dress cottons, and generally steady prices. Fall River week totals show 200,000 pieces produced, 193,000 delivered, 306,000 sold, and 24,000 on hand. Providence week sales at 25,000 with 304,000 in stock. Cassimres and worsteds firm, clothing woollens rising, and flannels dull while stocks shrink.

Fall River Providence Manchester New York Journal of Commerce

Cotton Market Rises as Bulls Lead Week's Trade

The cotton market moved upward through the week with active speculation dominated by bullish interests. Spot demand remained moderate both domestically and for export, while prices rose with futures and tight stocks. middlings quoted around 113 to 117.16 cents per pound. Week ending February 7 receipts totaled 140,262 bales, vs 159,265 previous week and 146,892 the prior week, yielding 5,102,678 bales since September 1, 1889, up 501,064 from last year.

Uplands Gulf

Wool Market Report Reveals Weak Tone and Savings

Domestic wool notice shows little change over three days with a weak market. Dealers hold large stocks and fear prices until the new clip time, prompting concessions to move goods. A minor gain in one yarn may spur raw material trade, while foreign wools stay firm and Australian shipments have largely sold ahead.

Australia

Grain Market Report for February Trade Prices and Stocks

The report shows carload grain prices across flour and kernels, with inspections noting multiple rejected cars of white wheat and various corn grades. Visible supplies, domestic stocks, and city receipts are reported, alongside quiet trading with small jobber activity and several patent flour sales.

Chicago Ukaceaecesso Boston Bush Corian Minnesota Wisconsin Canada New York City

Also Mentioned on This Page

Atchlison Yopeka & Santa Fe General System Tincreagse Miilearenach Hher Cone-Halls Chicago, Burlington & Northern Pecenober Bae LOS Fennessy, Armstrong & C2 Bankers Boston, Reb Santa Fe Robertt C. Winthrofe John Lowell Atty Charles G. Weld Grorce W. Weld Isaac ST. Burr Warren Sawyer Alden Speare Epwin H. Apnot Charles RK. Cop BB Schlesinger George B. Wi J B. Tileston J. BH. Hecht John J. Bright Charles A. Welch Blake Bros. & Co Richardson, Lil Co Thos. Nickerson Wan. F. Wed Joseph H. Waite Samuel Watts Lucius G. Pratt Albert W. Nicker Frank Morison, R. M. Morses, Jr George A. Nicker A. Cochrane & Co Caleb Foote Greergre F Tartoot Toos PB. Proctor John L. DE Witt R. Morse & Bro Parkinson & Burr John C. Chaffin Wa. Minor, Jr Henry Wooons,i, Q. Sylvester John Connell Roya W. Turner Epward F. Daland E. Pieerson Berea A. M Miscellaneous Stock Exchange Wilson W. Pay & Co Burion Busell Triummer Orthwestern Land & Coal Portelectric Ice Enrique Jiiming Satan McKay Tee St. Paul H. & D. Z. Ae Hocking Valley Texas Pacific Richmond & Allegheny Manitoba Kansas Vlillé D& RG Isis Ital Cass Coeeey Liv O. & Usn Nave ANLR Ieh Ava Ee iHornSilver Col. Coal S.a& M Con. C. & Va Ontario Crown Point Potosi Es el Cristo Quicksilver Ig Gould &Curry Lye Biuret Sc Sutter Creek Fev Lg. G. M Sib S. F. Calli Oer kOet Pscong Trerec SOI U. Pac W. Snore Sles Losion United Gas Icles Ft. S. & Mem Mid& Bo Wees Utah Sonora Trust Co Ee Wis Erie Telephone Ain Bell Ewes Lamson S.S Escee O. Pauling Atlantic Eae Butte & Moston Ees Wu Bos. & M Osceola i B.& L. Boton & Prov Canton Col. Spring Maine Central GOS Wis Ts & FF AL Boos MLOS Seston Uni Oe & W Miehb Ehet. A L. C Ore Ae. A Epee Lutiisol SB Boston Water Power Luamoine Sakae Popeka Land West Lend Hecia Learsarge Sa Eer Ack FOV Quincy Vu A Boston & Mune Gioasiacere Anton Conn Tiver. Ee N. Y Vuliman Palace West End Serene Det Faeak Bay State Gas Edison Toy Mt. Des Tre Suar Refineries Thom-Houston Elec Alt T. He At. & Pac S Atchison, Uooo Esas Aic L St. L Pacific Iowa O. Orre Central Pacetfic Ches Ohio Del del. & L Den K. G Ft. W Sens East Tenn Hocking Kan Tex L. i Lake Shore Long Island Louis N Hee M & Ohio Loz Nash «& Chat N. J. Cent Eeee Ree Pacific Olly Northwesterh Phan Pittsburg Kome LS L Sean St. Vaul Gol Olla Brunswick Ledert Acuic Ashe Issle Pullman Ee Tig Guy of Brewster, Good & Estabrook Conyess Street Blake Bros Brown Bros Ireland U.S Philadelphia State St Atchison Scrip Congress W. Prescote & CO Bankers and Brokers Allonez Seer Enereesee Arnold Ate Bonanza Development al X Heclas S. Ee Akaidr Ves Ole Crescent Dunkip Franklin Eae Hanover Ai’ Ironton Ee Ee Kearsarge Seveeverece NEW York Financial CFF F Minneapolis General Markets USA
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