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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Mar 27, 1890

Page

6

Money Market Steady in Boston on March 26

The Boston money market held steady with loans at the clearing house at 3 percent, time loans 4 to 6 percent, and on call with collateral 4 to 6 percent. Bank balances and New York funds showed declines from a year earlier, while foreign exchange rates fluctuated and the local stock market remained dull. Major moves included Union Pacific bonds up, Chicago Burlington Northern activity, and notices of upcoming meetings and corporate actions from multiple firms.

Boston Clearing House New York Sib-Treasury Chicago Reichsmarks Atchison Securities Atlantic & Pacific Flint & Pere Marquette Mde Flint & Pere Marquette Road

FENNESSY ARMSTRONG & GU BANKERS NOTICE

Fennessey Armstrong and Co bankers operate from the First Floor Fiske Building. Bills of Exchange on London and high trade investments form a specialty. A general banking business is transacted.

Fennessy, Armstrong & Gu, Bankers Fiske Building London

Bessemer Land and Improvement Co Proposes City Development

The Bessemer Land and Improvement Company owns the site of the City of Bessemer, originally 12 500 lots. First sales began April 12, 1887. Since then 1 555 lots sold at an average $540. They have invested in 140 000 acres of mineral lands, seven iron furnaces with 250 000 tons of pig iron yearly, a 100 ton day rolling mill, 95 000 brick works daily, and other plants. Rail lines, iron ore, coal, and hardwood resources are described as foundations for a city inviting capitalists to enter. A Bureau of Information is at 95 Milk Street, Boston.

Bessemer Land and Improvement Company Bessemer Pittsburg Corr Boston Stock Exchange Allonez Bonanzi Development Butte & Hhostom Cal Catalpa Ranklin Huron Ironton Jie Eise Ava Adona Quincy Ridge Tamarac Washington Land Companies Anniston City Sig Aspinwall Luobuay Coon Boston Bos East Osten French Bay Aeee Maveick Sewer Eens Newport Winthrop Mont U. Gras Pakara Wis LgRa Swis Gs Cory Sane Hed& Rl Ly Ak Eeee Sewer le Ruth A i Ee Jong Union Padre Gs Railroad Companie Boston & Albany Boston & Lowell Boston & Malme Boston & Providenle Southern Cheshire Wee New Creeee Ci X& . Sane C. Are & Ee Ennee Asa Ins. Cleve. & Tantun Stel Us del Canada Fitchburg St. Ba ROY Abla Pel Northern Sea Wene Erie Anc Asc Union Pacific

Union Trust Co New York Certificates Auction Boston Office

The Union Trust Co of New York will receive certificates at the temporary Boston office Room 9 No 95 Milk Street up to 1d including April 15 1890. New bonds will be delivered between 11 and 3 the day after deposit. Certificates in owner's name must be indorsed before presentation and parties should state if more than one interest is represented to issue new hands and scrip according to ownership.

Union Trust CO New York Millk Street Boston

MIGH Trust Co Trustee Notice in Boston

A brief financial notice from MIGH Trust Co of New York indicates a trustee action in Boston dated March 26 1590. The fragment signals a corporate trust matter or appointment but lacks further details or context.

New York Financial Market Report March 26 1900s

Money on call eased 3 to 4 2 last Joan at 3. prime mercantile paper 6 42 47 72. Bar silver 954. Sterling exchange quiet firm. 60 day bills 4 84 4 87. Ontario & Western led gains. Oregon Short Line surged 4 45 4 54. Missouri Pacific dividend expectations spurred activity. overall volume light but tones firmer. Railroad bonds steady with modest gains across several issues. New York Stock Exchange notes limited but steadier activity. mining shares mixed with modest moves.

New York Joan Prime Mercantile Sterling Exchange Oregon Limere Musoumi Pacific Rock Island Ontario & Western Sugar Renneries Union Pacific Missouri Pacific Granzers Stucar Central Railroad Chicago & Iasillinois J. H. & Nashville Norfolk & Western Clinch Valley Peoria Decatur & Evansville Toledo Ann Arbor Grand Kansas City & Omaha New Jersey Midland Western Univ Rez

Bank dividends and corporate payouts in New England

Multiple institutions announce semi annual and quarterly dividends. Leicester National Bank declares 32 percent. The Boston based Socant of Commerce and Nat imind Cion Bank announce 3 percent. Andover National and Cooperative National Bank post semi annual rates near 6 percent and 61 percent respectively. Merchants Manufacturing Fall River issues 24 2 percent quarterly. Cunare Steamship Company proclaims 6 percent dividend.

Leicester National Bank All Socant Comerce Boston Natimind Cion Bank Andover National Itatrs Cooperative National Bank Newburyport Mass North National Bank Merchants’ Manufacturing Company Fall River Cunare Steamship Company

California mining stocks close in San Francisco trading

The March 26 mining stock report lists closing prices for several firms led by Commonwealth and Gould & Curry with values around 6.60 and 1.40 respectively. Other notable names include Best & Belcher at 2.70 and Union Con around 0.83.

San Francisco Best & Belcher Mt. Coe Pena Qoombr Ic Esas Ophir, Bee Cakoge Vatisss Votual Ris Cactgial Erlboisavaze Crow Polit Voce

Foreign Financial Reports From London Markets

London markets report consols at 976 160 for money and 7 percent for the account. Atlantic and Great Western firsts 32 percent. Canadian Pacific 74 48. Erie 25 1 4. Illinois Central 118. St Paul common 70 1 2. New York Central 110. Reading 20 1 4. Mexican Central 73. Moneys 34 1 4 2 percent. Discount rates: short bills 2 percent, three months 2 percent. bullion into Bank of England today £28,000.

London Alantic & Great Western Canadian Pacific Erie Ilinois Central St. Paul Common New York Central Reading Mexican Central News Illinois Central Bank of England

Railroad Rates Battles Hint at Seasonal Change

Conference of New England trunk lines and Northwestern roads in New York made little headway on season rates from sea board to Northwest. A plan to raise rates on classified articles was endorsed. details to go to executive committees. Puget Sound ticket representation allowed via Union Pacific and Portland. Southern passenger agents denied seaside resort rate cuts. Western States' Passenger Association discussed reforms, obstacles noted, five-member committee to report. Atchison Topeka Santa Fe president returned to Chicago to confer with Eastern directors. A trans Pacific steamship line from San Diego discussed as part of broader coast terminal plans. Annual meeting set for next month with California travel for system inspection and possible steamship purchase.

Port Truron Chicago & Eastern Illinois Chicago, Burlington & Quincy Chiccazo Burlington & Northern Boston News Bureau Chicago, Burlington & Northern Chicazo Burlngton & Quincy Waset Chicago, Burrington & Northern End Cinease Burlington S&s Quincy Union Pacific Oregon Rock I Island Chicago, Kansas & Nebraska Lanoia Denver Col Union San Diego San Diegto New England ‘Telegraph & Telephone Company West End Preferred Land Company Newport Land Boston & Montana Butter& Boston Kearsarge Soss Osceola Sorar Thomson-Houston Thomson- Houston Electric Company First National Bank Main Street Middletown European Electric Welding Thomson- Houston New England Trunk Lines Northwestern Roads Sess New York Seaboard Northwest Chicago Trunk Line Executive Committee Northwestern Lake Navigation Puget Sound Portland Southern Pasenger Western States’ Passenger Association Burlington W. Quinney Afernoon Manuel Atchison, Topeka & Santa Fe Pacffc George C. Magoun Thomas Karing O.cee Enlowook Atchison Company trans-Pacific Steamship Line California

Commercial Matters and Farm Goods Report

Leather unchanged and boots and shoes steady. India rubber firm while flour remains quiet. Corn firmer and oats, rye, and barley mixed with activity. Potatoes in fair demand and hay dull. Apples scarce, Florida oranges strong, cranberries firm, dried apples higher. Fresh beef lower, other meats unchanged. Hish wines firm, sugars easy, molasses quiet.

India Florida Nuits

Print cloths sell 25,000 spots at five in Fall River

In Fall River on March 26 about 25,000 pieces of printed cloth sold yesterday at five dollars each and some additional stock moved today at the same price. The market was quiet at five as buyers watched the pace and dealers reported steady demand for the familiar print patterns.

Fall River

Wheat market broadens in easing trading on weather and Russian port news

Chicago reports weaker wheat with rare rallies that faded, long positions sold as milder weather and foreign selling weighed. Corn followed wheat lower while lingering receipts pushed toward July. Lard, ribs, and pork faced firmer support from Hutchinson purchases amid Armour selling in July.

Chicago Gilman, Cheney & Co Boston Hutchinson

Alarming RRHEU MATIC and NECEN prevalence in 21C climate

Government table shows rising rheumatic and neuralgic ailments along coastal states and Great Lakes regions. Citizens urged to seek early care for muscle or joint pain and consider Perry Davis Pain-Killer as a trusted remedy with a fifty year record.

America Perry Davis

Leather market report shows varied demand and steady prices

The report notes mixed demand across leather grades with Buffalo feather and grain lumbers in steady demand while rough upper leather faces weak activity. Prices for light to heavy backs range 27.4 to 29.30 cents and No 1 No 2 glove and pebble grain grades quote in single digits to mid-tens, with exporters buying to clear stocks.

Ayres Moentevideo Gaizvac Jude California Loveelie Ile T Sastec Loeise Wsc

Oregon and Transcontinental to retire bonds May 1

The Oregon and Transcontinental company completes arrangements to retire 10 million dollars of bonds on May 1 under mortgages allowing retirement at 105 plus interest on any interest day. One announcement will be made. The move frees the Northern Pacific from a guaranteed obligation. In Arkansas a federal case ends with Newman named receiver for the Kansas City Wyoming Northwestern by Judge Caldwell.

Oregon & Transcontinental Company Northern Pacific Company Ed States Little Rock Ars Caldwell Newman Rs Kansas City, Wyandotte & Northwestern Railway Farmers’ Loan & Trust Company of New York

City Horse Market Rebounds Amid Steady Demand

A week of heavy arrivals in Boston sees about 1000 horses sold at auctions and private sales, averaging prices around 40 000 to 40 375 dollars per head for various classes. Isburgh & Co sold 100 head. Ken­tucky trotters and ponies fetched 75 to 155 dollars, trotters around 150 250 dollars. Dealers report steady prices, improving trade despite bad weather, with upcoming California stock and large draught sales planned by Combination Safe Stable and Welch Hall.

Boston New England Isburgh & Co Kentucky Walker's Bazaar California Moses Colin Soin Welch & Hall Russell & Drew LM Pitcher Iowa Wich J F Drew International Horse Exchange Edgar Snow & Co

The Leather Trade Market Outlook Remains Steady

The leather market shows steady, not expanding, activity with conservative but constant purchasing by manufacturers. Boots and shoes demand supports leather makers, and demand for hemlock sale leather remains steady with strong home sales. Prices are firm, and previous levels are generally sustained across nearly all grades.

Buenos

Boot and Shoe Trade Sees Stable Demand and Shifts

The boot and shoe trade reports stable buyers and sizable contracts, with women's goods outperforming men's. Prices hold steady as jobbers seek better terms while manufacturers remain firm. Western reports are favorable and heavy goods may sell quickly. factories run busy with duplicate spring orders arriving.

Hide Market at Port Faces Delayed Arrivals and Firmer Prices

The port reports no foreign hide arrivals for a week yet many are overdue. Domestic inquiries persist with Western hides firm, bidders unwilling to drop below 54 2 3 cents for Cleveland stock. New England hides are quiet with green steers around 6 cents and cow hides near parity. Calfskin demand remains steady amid rising arrivals.

Mointevideo Buenos Ayres Cleveland Ohio New England

India Rubber Market Remains Firm Despite Quiet Demand

Rubber sales are light but prices hold steady with fine Para at 84 35¢ and coarse at 64 65¢. Receipts are light and steamship cargoes on the way are largely sold ahead. Para market is firm and shows an upward tendency.

Para

General Markets Report Flour and Grain Prices March 25

General Markets notes quiet flour and grain trade with mixed carloads of corn and small movement. Flour receipts totaled 4090 barrels and 2479 sacks. prices for good flour grades range from 3.25 to 5.30 per barrel or sack, with Minnesota and Wisconsin spring brands at 5.6 to 6.60, and Canada export at 4.20.

Minnesota Wisconsin Canada

Also Mentioned on This Page

State Street Alanaia Sir Philip Sidney Milk Street Maur San St. Ll AZ Bop United Gas Ain Bell Telephone Lamson S. So Cutler Lava Lamvine L Ewin Newort West End Sos Vent Ee Ae Latte Kearsarge Quincey Boston & Maine N. i Cree la Port Ace & T Bs & M Rutland Hell Pel Boston Water Power Land Cal & Tee S.t Central of Mass Ci. B. & Q Sete Kasier Rh Fiint & Pere Mat Ogs Wisconsin Cent Nash, & Roch Cotton Oil Trust Pneumatic Tool Co Jay Say Brunswick Mayinese Burton Chi Hosion & Liverpool Co Bis OM Phonograph Toy Mfg Kuroy Elec Welding Aoe Kort Wayne Elec Illinois Steel Co Mt. Desert & Last Shore Malden Electric Co Despacch Co Jhom-on-Houston Thomson Flec. Welding Westinghouse Hiec. Co Winnissimet Co Fie Miscellaneous Stock Exchange Wilson W. Pay & Co Pawtucket Ee Ee Pevonshire c I. Wrescott & Co Fastern Electric Cable Co Gethins Electrieval Mtg. Co Union Electric Car Co Tates Viail Ox United Ss BS Bale Thomson-Houston Co Ese Thomson European Ileet Ie Welding Co Wae Sherchine Co Washington Nat. Bank Framingham Tank She Leatier Bank Eeree Lowell Mfg Este Nashua Aug Edwards Mfg. Co Amory Mfg Middlesex Mills Amoakeag Mfg Manchester Bo Bates Mfg Spee Rudy Ae Do Ae Naumkeag Ste Corton “Mills Pia Saecae AD Concord & Mont Luss Philadelphia Wil & Kal Wien &Worcester Connecticut Iver Pemivewasset Valley Ae Clevelud Canton ARIE Top Santa Fe Central Mass, RR Tels Fitchburg RR Cheshire RR Boston Lowell Rie Kan City Scout & Met Worcester, Nashur Rochester Mach American Nsnra Mckay Metallic Past Ats Lombard Investment Co National Car Co Fort Payne Coal & Ron CO Invest Denison Land Fort Payne Furnace Co Fairbanks Co Burlington la Ivui Ieee Topeka Bur Lessex Aeee Marongh Ont Mem Bir Paula Erate Chi Nor Maine Central RR Vermont Missouri RR Lins Eng Mort Lake Shore Long Island Law Nash Tae Louis Minn St. Leee le Lliis North Western Criticis N.Y . Cent Lisa N.Y. Coa St. Lowe Eree Tol TOL Ease Ob St Tel S. Ys West W& Ales St. i St. Paul Southern Pac St. St Texas Brunswick Ierie Mail Ian Paleee W. Union G. M Pfidl.inc St. i. & Fe Mig Dsi St Po Ce & Ee Liver Lex G. Tr Shire W. Ist the Union Trust CO Santa Fe RR. Co Migh Trust CO. of City of Boston City of Worcester City of Cambridge City of Cleveland City of Detroit City of Lynn City of Melrose City of NEW York Financial Sutter Creek State St Nassau St Kidber, Peabody & GY Bankers Devonshire St Boston, Mass York Messrs Baring Brothers & CO Europe W. Prescott Devonshire Street Eli Orme Canor Railroad Matters Farnum, Reardon & Co Orpen Wilts Paws TV Eines Scha Sol TV Hols Bums Zlys Ldig Spose Spise St Louis Tavec Minneapolis Avril Duluth Milwaukee Cass General Markets
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