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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Feb 19, 1889

Page

6

Money Market and Boston Loans Face Mixed Markets

The report details a quiet money market with rates steady or modestly varied. It notes Boston and New York exchanges, bank balances, and a city loan proposal by City Treasurer Turner, plus a favorable local bank statement, stock movements, and ongoing copper market concerns.

Pasxow New York Chicago St. Louis San Francisco Sight Telegraph New Orleans Bank Charleston Savannah Turner Crry Heavy Boston Mass City of Boston Alfred T. Turner

Bay State Gas Co Issue Bonds for Boston Gas Firms

The Bay State Gas Company of New Jersey plans to issue five million dollars in bonds to finance the purchase of Boston gas firms. The bonds carry a first lien on deposited stock with Mercantile Trust Company of New York and will pay dividends in gold in New York and London at Winchester House. The remaining five million will stay in the company treasury until further plant development or property purchases require their use.

Boston Stock Exchange Bank of England Stock Exchange Boston Gerilla New York London Winchester House Bay State Gas Company Mercantile Trust Company of Massachusetts Bay State Gas Company of Messrs. Deloitte, Dever, Grifiths & Co Lothbury H. E. Jones M. Inst. C. E M.I M.E Commercial Gas Company Stepney United Commercial Scherling New Jersey Ines Freen Talianrines Whieaey & OG Congress Street

Boston Gas Bond Issue Opens for 1894 Security Sale

Trustees and Securities Insurance Corporation invite applications for bonds at 98 pounds per 500 with staged payments and optional full on allotment. Bearer bonds of 1000 and 500 dollars carry semiannual coupons, convertibility to registered bonds, and a sinking fund from 1894. Boston gas properties valued at about 2.59 million pounds plus related companies form collateral totaling 6.45 million dollars with Brown Brothers as bankers. Subscription opens February 20 at 10 am and closes February 21 at 3 pm with cross‑Atlantic allotments and 5 votes per 1000 bonds for holders.

Trustees, Executors and Securities Insurance Corporation, Limited New York London America Mercantile Trust Company Jones Boston Gas Light Company Messrs Brown Brothers & Co Boston Mercantile Trust Company of Cary & Whitredge New Yok Boston Gasight Company Rondholders Philadelphia Messrs. Brown Brothers & Co Executors and Securities Insurance Corporation, Limited Wall Street New York City State Street Chestnut Street Youth Street Alexander Brown & Sons Baltimore United States Sullivan H Land Bell Tel T & Sfe Col Trust A & Pine Kan West Hy River Fes Fes Ei M& Beq Bend Erie Frenchmawn’s Bay Penobscot Bay San D Sullivan Harbor West Ener Lsoat & Mont Cal & Hec Franklin Kearsarge Eerwere Usteoll Santa Fe Bost & Ie Cikseaume Bost & Lowe Bost & Maine Ecceee Fitchburg Weesveee M West End M. A T &S Do Trust At & Pac Inc B& N BS Dees Ny&ni New Eng Frenchman’s Bay Sullivan Hwarodor Bovanza Bost & Mont Er Ee Cal Best & Vrev Caseeereesersee C&en Conn & Wassump R Otts & M Ny&ne Portland Saco Summit Exchange Allonez Ody Arnold Atlantic Nonanza Devel Ly, B. & Mont Buite & Boston One Heclas Catalpa Denixrade Franklins O. Ae Huron Oneensee Lronton Osceola Quincy Ridge Santa Seere Aspinwall Ceara Boothbay W.P Loulston Street Rookline Bly By Campobello van Hast Bay Scesee Nowport Lamoine Payson Saeenews Penobscot Seeeee Barlier Bad Son Areen's Sullivan Seeeve Veieleines Re Ron Win Ewes Atchison At. & Pac Do Inc Ae C

Financial Market Summary From New York Feb 18 1900s

Money on call easy at 1 4 to 2 with last loan at 2. Sterling exchange dull at 4.86% for 60 day bills and 4.88% for demand. Stocks quiet to dull after 2 PM with minimal gains. Manhattan and Tennessee Coal strongest. Bond activity lively with notable gains in Chattanooga, Chicago Gas, Denver & Rio Grande Western, Long Island, Northern Pacific seconds, and Richmond & West Point trusts.

Pullman Palace New York New England West End Connecticut & Passumpsie Eastern Fitchburg Boston & Albany Boston & Lowell Boston & Maine Boston & Providence Chicago, Burlington & Northern Second Denver Birmingham Denver & Rio Grande Western Denver Rio Grande Western Bell Telephone Erie Lamoine Land Sullivan Harbor Frenchman’s Bay Penobscot San Diego Motor Road Osceola Kearsarge Quincy Franklin Y Boston & Montana Calumet & Hecla Centennial Prime Mercantile Sterling Exchange Grangers Eric Manhattan Tennessee Atchison Chattanooga Chicago Chicago Gas and Coke Burlington Nebraska Richmond & West Point Trust Alton Sinking Fund Rock Island Morris & Essex Denver & South Park Mackinack and Marquette Long Island Northern Pacific Richmond & West Point Trusts Toledo, St. Louis & Kansas City Virginia Midland

Foreign Markets Snapshot From London And Paris

London quotes show Consols at 98 13 16 money and 98 1 16 account with various U S and Mexican issues listed. Paris indicators place 3 per cent rentes at 83 francs 95 centimes for the account, with money at 2 1 2 percent and open market discount at 2 1 2 percent.

London Atlantic & Great Western Erie Illinois Central St. Paul New York Central Pennsylvania Reading Paris

Commodity Prices Drift with Mixed Signals Across Markets

Market notes show mixed activity with many staples easing or staying steady. Metals copper and tin are stable or down slightly, while lead, zinc and molasses hold firm though sugar and butter show variable strength. Agricultural items like corn and oats remain mostly firm or quiet as pork and beef markets soften.

Grain Markets Show Limited Wheat Trading In Chicago

Farnum Reardon & Co note a quiet session despite visible fluctuations in wheat. Bears stay cautious while any selling triggers quick drops. oats and corn see small activity with slight price movements across futures and cash markets in St Louis and New York.

Chicago Farnum, Reardon & Co Bears C S$ Williams & Co St Louis New York

Print Cloth Market Quiet in Fall River

Print cloth market in Fall River Mass remains quiet and steady with spot prices at 31 1 6 to 31 3 4 cents and contract prices from July to October around 3 4 cents per yard.

Fall River Mass

Wool sales in London show strong demand at full prices

London February wool sales report strong competition with 15 337 lots offered and moderate withdrawals. Victoria and New South Wales offerings sold at varied rates for scoured and greasy grades, while next sale series begins April 2 with Easter break and resumed sales April 18 to 25.

London Victoria New Queensland South Australia

Boston flour and grain market prices in February 1889

Boston markets report domestic flour and grain carload prices with 96 cars inspected including yellow corn oats and rye. Stocks in Chicago and Boston elevators listed by date, with spot flour prices steady to firm and varied regional wheat and corn quotes across New York Milwaukee Toledo and St Louis markets.

Chicago Sush. Bush Ccsvecse Svoveser COP Cave Ca Acsiadize Craasyse Siomoiooe Onal Cgacva Boston Bush RVG Minnesota Michigan Canada Superior Canada New York City Southern Milwaukee St Louis Minneapolis Northern Toledo

Also Mentioned on This Page

Reichsmarks Imperial Bank of Germany Amphiet Tlantic & Pacific Chicago, Burlington & Quaincy Burlington & Quincy Burlington & Northern Wall Street News Chicagoe A. E. Touzalin J. Murray Forbes George K. Harris Chicago, Burlington& Northern Boston News Sureau Chicago, Burlington & Northern Union Pacific Outhwaite Cleveland & Canton Wisconsin Central Wisconsin Central Associated Lines Detroit, Lansing & Northern California Southern Cincinnati, Ndusky Cleveland Kansas City Memphis Louisville & Evansville City OF U.S.A United The Bay State Gas Co Brookline Cambridge Chirlestown Chelsea Dorchester East Jipston Jamaica Plein ‘ Malden Melros Newton Water Lelubs Lil Bubo Peau Wybitene Mr. Jones Roxbury Gas Light Company South Boston Gas ‘Light ‘Company Grahams Iowa Portsmouth Springfield Blake Brothers & GO Nassau Street the Trustees, Executors and Securities Corporation, Limited Winchester E. C Devonshire Street Irving A, Evans & 69 Stock Exchange Building Toston Brokers’ Board Can. Sc N. W O. Nav K.G. W. Ts Chaus Stir. & S.F. DG F M St. P BSI W. Shore Amador Ontario Plutus el Cristo Sullivan Dem Hock Tenn. C United Copper NEW York Financial Bondis Kan W. Os Ohio C.a W Micheau Essex Con Nash Chat Enone Eeae IL C D.D N. J Elk H Ae Ee Pacific USA K. C Ft. 8 Northywest C. B le L. K. C In& St. L Benee N. PY N.E West Oregon Lisle P N.Y Pittsburg Eee Asics Oe Pac. Gs Do P. D.O Rome UL. C. Con Pueb A. V Ecorte M& M. & M Eaee Southern Kan St. Peg D Ass Pacific Tol O. C Lil Utica & B. RK . Oe Eee Pac Wis. Cen W. ML. E Baygland Atlantic & Pacific Pacific Mail Pullman Pal Eas W. Union American Oil Reeves B.& Cs Cceese K. OP Cl & Sp K.C L. KR J. BE St. Li Maine Central N. Y N. Fiseccuaars Old Colony Rutland Summit Branch DBL Union Pacific Se Bell Eastman Lamson Store Ser. Co Pullman Palace Car Co Closso d. Ing Ing At. & Pacific Ovd Bey Air L. Pref Bi, Roch. & Peee Can Canton Central Iowa Central Pac Ches Owen St. Pref S.&c Del del. & L Den K.ga Eree East Tenth Fort Wayne Seer Ener Hocking Kan & Tex Banas Lou Beach Anne Weet Pacite Miscellaneous Stock Exchange Wilson W. Fay & Co Thomson-Houston Elec Burton Stock Car McKay Heelin Reece Burton Prato Macha Don Enrique Eureka Catalpar Crescent Foreign Financial Markets Seady Boston Exports Lord Tbs Eastern Banking CO Milk Street Francis A. Osborn T. Merrihew J. H. Bauerlein & CO Henry C. Wilson Kingman Savings Bank Kingman Kansas Bromfield Street Moston John Jeffries & Sons H. Tyler Devonshire St Swan River Tasmania New Zealand Cape of Go Hope Natal Plate River Boston Markets
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