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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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