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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 03, 1889

Page

6

Money market steadiness in Boston financial notes

The Boston money market shows a steady tone with Clearing House rates at 4 to 5 percent, general loans quoted from 4% to 6% and collateral calls at 3 to 4 percent. Reports on national banks, exchange totals, and Clearing House governance updates accompany a broad survey of securities, bonds, and notable stock movements.

Banks declare semi annual dividends across several towns

The Middleboro Savings Bank and Chelsea Savings Bank announce a 2 percent semi annual dividend. The National State Capital Bank in Concord New Hampshire declares a 5 percent dividend. The First National Bank in Marlboro declares a 2 percent dividend. The Spencer National Bank declares a 3 percent dividend.

Middleboro Savings Bank Chelsea Savings Bank National State Capital Bank Concord N. H First National Bank Marlboro Spencer National Bank

New York Financial Market Summary for Oct 2

Money on call remained stringent with offered rates near 3 percent. Sterling exchange quiet yet weak with bills around 4.8244 to 4.8714. Government and railroad bonds dull but steady. Stock market opened higher but drifted, New England fell to 48, then partially recovered. Money market tight at first, eased to 3 percent by close. Bulk of activity centered on Atchison Reading and L&N with Belmon t gold export news checking buying.

Boston Comptroller of Currency New York New York Clearing House George S. Coe American Exchange National Bank William S. Camp Clearing House Camp United States Association Chicago St. Louis San Francisco Telegraph New Orleans Charleston Savannah Reichsmarks Belmont & Co Paris Liverpool Lab Southampton van Hoffman & Co Atchison Alcison Gul, Colorado & Santa Fe Iast Prime Mercantile Sterling Exchange New England Stock Exchange Wheeling & Lake Erie Reading Louisville & Nashville St. Paul Belmonts Tha Dulness Bears Manhattan Louisville Southern Chesapeake & Ohio Delaware & Hudson Pennsylvania Erie Metropolitan Northern Pacific Richmond & Danvillers

Market Summary of Rail and Currency Rates

London reports Atlantic and Great Western firsts 3548 Canadian Pacific 7158 Mine 3044 Illinois Central 120% Mexican ordinary 4942 St Paul common 7458 New York Central 110% Pennsylvania 66142 Mexican Central news 68% rate of discount in open market for short and three months bills 44%2.4 percent.

London Atlantic & Great Western Canadian Pacific Mine Milnois Central St. Paul New York Central Pennsylvania Mexican Central News

Boston Merchants Discuss Congress Plans and Postal Requests

At Young's Hotel the Boston Merchants Association held a board meeting led by President Jonathan A. Lane. They endorsed a conference of American nations, regular port communications, subsidies for service, and arbitration plans. They urged continued postal facilities including direct foreign mail in closed bags to Norway, Sweden, Italy, and Portugal. New members H. S. Hyde and A. B. Sanford were admitted. next meeting is the first Wednesday in November.

Boston Merchants’ Association Young’s Hotel Jonathan A. Lane International American Congress Conference of American Nations North South America Committee On Boston Norway Sweden Italy Portugal Moore Minneapolis

Horsford's Acid Phosphate Brain and Nerve Food Ad

An old advertisement promotes Horsford's Acid Phosphate as a brain and nerve food aimed at lecturers teachers students clergymen lawyers and brain workers, promising enhanced mental stamina and clarity.

Horsford

Market Tones Mixed as Commodities Hold Steady Across Goods

Commodity notes show varied activity with leather firm, boots steady, hides quiet, flour steady, corn firmer, oats quiet, rye dull, malt dull, hops quiet, butter firm, oleomargarine unchanged, cheese strong, eggs higher, beans steady, potatoes in good demand, poultry steady, hay unchanged, straw dull, truck not very active, apples dull, oranges nominal, lemons firm, pork steady, lard active, hogs steady, corned beef dull, fresh beef steady, mutton lower, lambs dull, veals easy, tallow slow, molasses quiet, sugar steady.

India

Print Cloth Market Slows in Fall River Trade

Fall River reports a dull print cloth market with spots and futures at 35 cents. Demand is weak for regular goods while odd lots show fair demand, though holders resist offered prices.

Fallriver

Wool sales in London see strong demand for merino grease

London Oct 2 large attendance at wool sales. total offerings 13,764 bales with active competition, especially for New Zealand merino greasy. Good merinos advance. United States purchases small. Attendance and values steady across classes, with continued need for supplies and strong home buying activity.}

London New Zealand United States Victoria New South Wales Queensand South Australia Swan River eNew Zealand Tasmania

Wheat and corn futures drift as quiet option market today

The Chicago wheat market shows small fluctuations and light trade with steady to lower prices. Receipts moderate. forecasts suggest fewer arrivals tomorrow. Corn holds firm on light receipts while hogs remain abundant. lard and ribs ease. January pork steady amid mixed futures from Minneapolis, St Louis and New York reports.

Chicago Gilman, Cheney & Co Boston United Kingdom Farnum, Reardon & Co Ing S. Sie Se Mievers Minneapolis Northern St Louis New York

City Horse Market Trade Light for Fresh Arrivals

Fresh arrivals are scarce with light trade while used pleasure horses go to auction at high bids. Moses Colman & Son report trade as fair, about 60 head sold last week. Isburgh & Co note 105 head sold last Saturday, largest week in September for years. Prices for pairs reach $450 to $550, singles $40 to $200. Nina the pacing horse sold for $700 to James Hanley of Providence. Upcoming week promises another fast sale with mixed stock at various prices.

Edison Phonograph Aud Manufacturing Company Portland Thomas A. Edison North American Phonograph Company Edison Phonograph Edison Phonograph Toy Manufacturing Company Mr. Edison Edgar 8. Allien Europe Allien France South America Canada Pacific United States Benjamin F. Stevens Oris E. Weld R. M. FreLp Lowell C. Briggs W. W. Jacques Moses Colman & Son Isburgh & Co Wallker’s Bazaar Nina James Hanley Providence Kri Eham & Co Welch & Hall International Horse Exchange C H&e Snow

4 per Cent and 50 per Cent P. Iowa Division Bonds 1919

Proposals to sell C B Q R R Iowa Division bonds for sinking fund use due October 1 1919 will be received until October 17 1889 at 12 m The bonds are 4 per cent and 5 per cent and the maximum price is par and accrued interest for 4 per cent bonds and 105 and accrued interest for 5 per cent bonds E Pratt Assistant Treasurer Boston October 1 1889.

Brokers’ Board Ils Ayert Boston U E C K. C N. E Bell Tel Pont Erie Fei Jaimson Frenchman’s Bay West End Land Sos Mont ORY Franklin Napa Eae O. Santa Fe Co O. A At.& P Ener Boston & Lowell Mass N.Y Sete N. Vn S H Sccce Eis L. C Wis Bell Fel Eastman Car YI Eater ¢ Co Bos Ee & S AY &P Pewee Boston & Fees Ween Boston & Maine Boston & Press Be & Qs Cleve Can Detroit Law N. Pfd Tsaenee Stent SS MN Ey Hee West End P. Iowa Division Chicago, Burlington & Quincy R.R. Co C., B. & Q. R. Iowa Division Chicago Ae & Quincy E. Pratt Boston

The Boot and Shoe Trade Detail Report

A midweek market summary notes continued movement in boots and shoes with more buyers on hand. Spring goods orders rise as salesmen report strong road trade and regional distributors in the West and South struggle to keep up with demand. fall orders duplicate, prices remain firm and steady.

Hide Market Shows Steady Prices Across Hides and Skins

The hide market shows little demand improvement and flat prices. Rio Grande and River Platte kips sold around 9 1 2 c, with 10,000 River hides last at 9 72 c. Rio Grande cargoes of 15,611 dry hides unsold, Western buff hides bring 5 4 6 2 c, Southern dry 7 4 2 8 c, green salted 3 2 4 4 c, New England dull with nominal prices, tanned skins brisk with small stock and firm prices.

Rio Grande New England

India Rubber Trade Market Heats Up Amid Strong Demand

The india rubber market remains firm with higher prices as the steamer Finance brings 325000 pounds, all for manufacturers. Para rubber sees active demand with new fine Para selling at 68 68 1/2 cents and old at 71 72 cents, coarse new Para at 44 cents and old at 48 49 cents.

India Para

Flour and Grain Prices and Shipments Report

Domestic flour quotations for wholesale and jobbing markets show steady levels with a softening demand. Carload receipts include 107 cars across mixed corn oats rye and corn varieties, with flour receipts totaling 3,925 barrels and 7,330 sacks, compared to last year’s 6,585 barrels and 10,000 sacks. Prices span fine to patent grades from 2.25 to 6.60 per unit, including Minnesota and Wisconsin lines and export FOB figures for Canada and export grades.

Minnesota Wisconsin Canada Superior Canada

Also Mentioned on This Page

Bie Inc Vane ST. Louis Kansas City Colorado Inc Er Bince Ainiats Gulf Santa FE California Central California Southern Sineca Trust Southern Kansas Texas Chicago, Kansas & Western Chicago, Burlington & Quincy Chicago, Burlington & Northern Dow, Jone. & Co Chicago, Burlington & Quincey Company Pullman Palace Union Pacific Detroit, Lansing & Northern Eastern Mexican Central Wisconsin Central San Diego Land Taio Eric Ps Bell Telephone W.S. Lawson & Co Flint & Pere Marquette Railroad CO Port Huron Central Three CO NEW You Seaboard Operaton Klint & Pere Marquette Co Linnterest J. W. Mackintosh Boston Stock Exchange Milk Street City OF Buffalo Fitchburg Railroad Windsor Vermont Evansville Madison County, Ala Territory New Mexico Trinidad Water Works CO G.wvenner & CO Pine Street Congress St Foote & French Oregon Congress Street Blake Brothers & CO State Street Nassau Street Miscellaneous Stock Exchange Carolina Atlantic & Pacific Jersey Central Ohio, Indiana & Western s_ transactions Su. d ODT Oossin Ss St. P P. C Tex. P. le G. Tr Tex. i. R G. R W. Shore Con. C Ss. &M City of Boston City of Worcester City of Pawtucket City of Waltham City of St. Cloud City of St. Paul City of Chicago Arnold Atlantic Bonanza Devel’t Butte Cal Hecla Catalpa Crescent Worgigl Nain Dunkin Huron Ironton Kearaarge National Osceola Ee Quincy Ridge Bee Tamarack Land Companies Aspinwall Wewer Oston W.P Boylston Street Brooklise Campovello Fast Hoston Rench. Say Wollaston Vere L. G. Ts LOT Eeesee & 69 Do Mort Seis Adak Vt Ee Ae At. & Pac T+ do inc L. G Lloyg Cal. So Bs. &Q. Lst Kan W W. Bs Do Inc C. M L. HK Y& N. Ts Lupty, Nor P. D’o L. C. Con Pueb A. V Rutland Kansas Sonora St. Jo Atch Boston & Albany Oston & Lowell Boston & Prov Cal. Southern Central of Mass Canton Jae Sp. & Cin Ose Scieees Flint & BM Ce K. C., Fr. Scott & Gulf Seer L. BR. Gfe. S.cscacsecucces L. E Lee Maine Central Summit Branch GG BrGh Co Am. Bell O Eastman Tenner Lamson Store Serv Co Pullman Palace Car Co Cotton Oil Fort Wayne Elec OG Mt. Desert East Shore Ily Malden Electric Co Ee Ee En York Despatch Co North Chi Pal. Tel Sugar Refineries Co Thomson-Houston le Jhewee Eeewee Thomson Elec Westinghouse Elec. Co Boy Winnisininet Co Zooo Crescent Thomson European Weelding Bank of Redemption Rhs Shoe & Leather Bank Freeman’s Bank Everr Rene Howard Bans Beverly Bank Beverly Wee Union Bank Metropolitan Bank Asiatic Bank Salem Lowell Mant. Co Hill Mant. Co Naumkea Estonia Cotton Co Eves Luss Filut Mills Fall River Obrris Manchester Mills Dwight Manf Co Continental Mills Manf Jackson Manf Appleton Manf Merrimac Manf Wwe Nashua Manf Bates Manf. Co Border City Mills Falls River Tremont & Suffolk Mills Massachusetts Cotton Mills Arlington Mills Great Falls Everett Mills New A. U Revere Beach & Lyn RR Columbus, Springfield & Cincinnati RR Concord RR Chicago, Burlington & Quincy RR West End Street RR Fitchburg RK Worcester Nashua Rochester Wakenfield Rattan Co Busell Trimmer Co T. Pairbanks & Co Union Investment Co Eliot Inn. Co Oeseneeeee McKay & Bigelow Heeling Mach Asso Boston & Colorado Smelting Co Nat, Car Co Haston Cooperative Bu Peer Newton W. L Macoupin County Ogdensburg & Lake Champ Loon LOUY Topeka Santa Reich Consolidated RR. of New Mexico & So Topeka & Santa Fetr Southern Kansas RR Conn. & Passumpic Old Colony RE. Gs American Rapid Tel. Co Jem At. & Pacific R., Roch. & Besstees Ches Ohio Chi Alton Pel del. & LG Hocking Val Houston & Texas Ill. Central Kan Long Island Louis. Louis. & Nash Man Beach SS. & Veene Ole St. L Th. Y Essex Vane Nash Sor Pacific Northwestern Miss West Gersly Seeae Rich, & Ath Rock Island Rome St. L. S Texas Pacific Eeee Tol D. C P.cific Tite, & P Resse Onnne Pacific Mail Pouliman al Union Lrunswick W. Debs O.& Trans Hy Tive Dd. & Kg. W. Ts Die & P Isis Kan. P N. W NEW York Financial California Eemenee Potosi Ophir Bunt & Belcher Savage Gen. Cal Sierra Nevada Union Con Gould & Curry Hale & Norcross Yellow Jacket Xican Sasveses Boston Merchants City Horse Market Chicago, Burlington & Quincy Railroad Company THE Eastern Banking CO Francis A. Osborn T. Merrisey National Bank Mortgage Bank and Investment Company of Fargo Dak.a John Jeffries & Sons Devonshire Street Arkansas U. S James Guilmartin Hammond & CO Devonshire St Geo. B. Warren India Rubber Trade John E. Welsh General Markets
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