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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Oct 06, 1890

Page

6

London Old Jewry Magee Furnace Company Premises

The freehold premises of the Magee Furnace Company are in Wakefield occupying five acres with 648 feet on the railway and 13 buildings plus a brass foundry hotel and kitchen furnishing business. They operate wholesale agencies in Boston New York Chicago Kansas City Minneapolis Grand Rapids and San Francisco. The firms employ about 625 year round. Profits by year show 1887 382,628 pounds sterling equivalent 158,243.43 dollars. 1888 35,558 pounds sterling 172,457.42 dollars. 1889 38,769 pounds sterling 188,029.19 dollars.

Wakefield Boston New York Chicago Kansas City Minneapolis Grand Rapids San Francisco Newark St. Louis D. C Pittsburg Baltimore Cincinnati Milwaukee Buffalo Louisville Detroit Cleveland Denver Omaha Portland.Or Richmond Indianapolis Fort Worth Eoria Artford Washington Joseph Ee J Memphis Portland Worcester New Haven Seattle Tacoma Sioux City Syracuse Wilmington TAL Ltd Wichita Grand Rapid Birmingham Lincolns New Bedford Lexington Topeka Montreal Halifax Ealt Lake Nashville Rochester Toledo N. Y Philadelphia Bt. Louis Francisco New Orleans Galveston I. Petry Minn la Oimaha Columbus Ortland Urrt Worth Dianapolis Cotia Bartford O.L Pt. Joseph Springfield Norfolk Tom O Beattie Tacowa Wil’gton Del Birringham Pes Moines Lincoln Neb Tex’ton Sopeka Mtreal Can N.S Chattanooga Enee Salt Lake Ca Y N.Y San Fran Omiaha Providence Wee Aluth Damas Ises St. Joseph Cydadewet Gre Rapids Lowell Des Moines Los Angeles N. Hkedford Ty Topeka Seattle Eves Eree

Money market closes firm with steady loan rates

The week ends with a firm money market and unchanged rates. Clearing House loans were 6 to 7 percent, New York funds quoted 80 to 385 cents discount, and time loans 5 to 8 percent. Gross exchanges totaled 18,369,579 dollars, with balances of 1,830,930 dollars. New York Clearing House figures show weekly totals against prior weeks, while U.S. sub-treasury payments affected liquidity. Imports and specie movements are noted alongside stock market activity and notable bond and rail news.

New York United States Sub-Treasury

Denver Water 60 7% Bonds Offer Monthly Instalment

Denver Water reports $1,500,000 of 60 7% bonds sold to banks and insurers and other investors. The October instalment of $250,000 is offered with pay and interest. Bonds issued monthly to fund ongoing construction. Earnings show rising water takers and projected profits: year ending Oct 31, 1887 earnings $202,720 from 4,945 takers. Oct 31, 1888 $265,859 from unspecified takers. Oct 31, 1889 $308,444 from 8,470 takers. est Oct 31, 1890 $385,000 from 10,750 takers. The company expects about 15% earnings and 10% dividend on $1,501,000 capital stock.

Maine Portland

Debenture Capital Offered by London Brokers Syndicate

Debentures valued at £125,000 offered with payment terms of 5 percent on application 45 percent on allotment and the balance one month after allotment. Brokers listed include J G Hyde Son London Peters Schenck Co New York Citase Barstow Boston and others across New York Boston and Liverpool with associated stock exchanges.

New York U.S.A Peters, Schenck & CO Broadway New York, and Stock Exchange Boston U.S. A Citase & Barstow Devonshire Street Sneer Cotton OM ‘Trust An. Pneumatic Fool Co Bay State Gas Eee Ener Brunswick Fsurton Chi Boston & Liverpool Co B&o Fort Wayne Illinois Steel Co Desert East Shore Malden Elec Sewnee Mechanical and Co New York Despatch Co National Lead Trust Bole Nat. Pel, Mig Delass Steer Seeenee Winnisimimet Co Messrs Hart Brothers, Tibbetts & CO American Loan and Trust Company Simmons Building Water Street Mesten Phayters The Stock Exchange London

Hart Bros Amalgamation Plans Big Savings and Mortgage Basis

Hart Bros and Tibbetts & Co announce a joint amalgamation with a fixed capital structure. Debentures £125000 incur £7500 yearly interest, preference shares £125000 cost £10000, and ordinary shares receive 5 percent dividend. Estimated savings include £50000 in showroom, agency, salaries, and advertising costs, plus growth in kitchen and brass goods. Total assets valued at £186,497 land and buildings, plus £514,600 machinery, with patents valued £19159 and other itemized assets £1740. Purchase price for all properties set at £275000 with £100000 working capital. Management to include Magee and Larlin, Anthony, Potter, and Allan & Co as UK agents, with a first mortgage to American Loan & Trust Co.

Stock Exchange I. A. Magee Albert N Larlin Magee Furnace Co EB. Ww. Anthony Smith & Anthony Stove Co Asa P. Potter Maverick National Bank Boston Messrs. James Allan, Sr., & Co Vulcan Victoria Upper Thames Street Great Britain American Loan & Trust Co Massachusetts

New York Financial Market Faces Heavy Downtick After Bank Statement

Money on call remained easy at 3 percent with closing offers. Sterling rates held firm around 4.82 to 4.88 on bills and demand. Government bonds dull, railroad bonds heavy, bar silver at 112. The stock market opened lower amid bank statement fears, with major declines in Kansas & Texas and Pacific rail stocks. Bears piled on, signaling continuing weakness despite modest late-day relief. Fort Worth & Denver fell 1 point to 104, International firsts down 1 to 114.42, Oregon Improvement values at 103.

New York Stock Exchange London New York Jan. J Eas Prime Mercantile Sterling Exchange Bears Kansas & Texas Pacific Fort Worth Denver

Also Mentioned on This Page

OLD Jewry Ann Wakefiel Mass Magee Magee Furnace Company Chelsea New England Smithl & Anthony Stove Messrs. Hart Bros Tibbetets & Co., Chartered Accountants Moor Gate ST Mvbvorgate ST American Stove and Furnace Boston Post United States Canada 5. A. Kean & Co Holyoke Treasury Boston Stock Exchange Murray K. Balion Henry Wainwright K. D. Greenleaf Charles Head Eugene D. Greenleaf Joseph KE. Hall George E. Wilder Arthur Lithgow Devens Robert F. Clark Philip V Ely Rollins Morse Murray R. Ballou Joseph W. Davis John Parkinson Joseph E. Harl Wallace G. Webber Arthur L. Sweetser Sioux City & Northern Railroad Company Atchison Atlantic & Pacific Manuel Chicago Tribune Salt Lake City Central Pacific Boca Pacific Ogen Burlington & Quincy Oregon Union Pacific Cincinnati, Sandusky & Cleveland Mexican Central Pullman’s Illinois State Board of Equalization Illinois Fort Scott Detroit, Lansing & Northern Freicht West Michigan Inc Inantata Rae Frost Proof Car Company George F. Mead Charles A. Hall Boston & Albany Boston & Maine Central Massachusetts Central Vermont Bell Telephone Erie Edison Yov Doll Lamson Bay State Gas Aspinwall San Diego West End Allouez Atlantic Boston & Montana Butte & Boston Centennial Franklin Huron National Osceola Calumet & Hecla Tamarack Quincy Cardiff Tenn Cardiff Coal & Iron Company Boston & Maine Railroad Lowell Division Augusta Carlos Heard Biddeford John M. Whipple Claremont N. H W. W. Rice E. F. Wyer Woburn B. King Montpelier I. C. Libby Burnham Denver Water Londo Com Anthony Steve Com Pany Companies Acts of Great Britain and Ireland American Loan & Thrust Company Roger C. Richards National Provincial Trustees and Assets Corporation, Limited James Levesley American Exploration and Development Corporation, Limited Arthur Horne Vulcan and Victoria Upper Thames Street Ss. Nugent-Townshend Mazelwood Surrey Maverick National Bak InLondon Cityy Bank Limbusted America J. G. Hyde & Son E. C., and Stock Exchange Liverpool Manchester P. Ernest Power & Clegg St. Anne’s Street and Stock Exchange Glasgow George Miller & Slimmon St. Vincent Place and Mainburgh J. D. Walker & Watson South St Andrew St and Stock Exchange Slade & Munk Clement’s Lane John St Adelphi Deckmenson Audifors Hart Brotiers, Tibbetts & C O., Chartered Accountants Moorgate St F. W. Parker & CO State ST City of Holyoke Hall National Hide and Leather Bank Hoston Erty Leas S. A. Kean & Co Devonshire St Geo. Ae Lewis C.H. Venner & CO Dongrass Street Wall Street Street Ore Wash N.W. Harris State Street Dearborn Street Lamprecht Bros Gsyon Cleveland, C St. Impt Akron Fostoria Defiance Galesburg Hastings Licking Chicago & Atchison Bridge Co Thirst Mtg John AM. Varngm Wier Atkinson Bishing Company J. W. Delaney School Street A. M J Mining Companies Eastman Car Cleater Phon. ‘Toy Mig Lamson Store Ser. CO Pullman Palace Car Co Union Stock Yards I. W. Prescott & Co Eastern Electric Cable Company, Pfa Gethins Electrical Mfg Coumpany Union Electric Car Company Thomson-Houston Company Thomson European Electric Welding Cornea Icc i Cine Cos Parce Een Ae N. Bs Bi & Q W le Ev St. Ly Ossies N. E Eae Og Utah U. P Pedo Skies Am Bell Tel Erie Tel Edison Phon. Toy CO Sane Aspinwal OSION Ewer An Diego Algo- West End B. & Mont Butte Cal Hecla Catalpa Ee Dunkin Franklin. Sceceeeses Huron Senor Ee National Csescreese Ridge Ceerceeereesess Eee Ee HO B.& A Save Bee Canton Fitchburg N.Y. G& Ne Old Colony S. Tissees Pullman Pal Sen West End Lee Securities Bay State Oo Een Enee Wayne Elec Ee Alloncz Arnold Bonanza Development B & Mont Bulte & Houston S.reveere Hanover Ironton Kearsarge Mesnard Aspinwa Boothbay Anne Seeeenene Boylston Street Brookline A Ile Campobelle Culler Eeeeeerss Bayeeees Eeeerseree Maverick Payson Penobscot Petit Menan Sullivan Prenrecy Esee Winter Harbor Siehig Gbene Winthrop Speeeeeerer Wee Wee Suly Do Gen. Mort Pals de Inc At. & Pac Go Inc Ldlo Cece Tbs Los T . D. Tdve L.& Mo M.X. GS USOS le C Lst C. M St. P D.D Wis Elk M.V K. C Cl. & Sp K. G Sted. & C. B Ft. S St. Leim Eng Shane Do P. D I. C. Con Ruthind St. Jo G. I Union Pacifics de S. F S.s F.isee Atlantic & Lacitie Boston & Lowell Boston & Providence Lynn Central of Mass Erere Cheshire Neri BL & Q W. Mich Cesses Cc & C Lev & Canton Sete Col SD. d Cine Con G. F. & Conway Rutland South Summit Wisconal ‘Cent W., Nash Roch. Am. Bell Webster Bank Seer Shoe and Leather Bank Csecceees South Danvers Bank Globe Bank SAS Iis Avie Dedham Bank Dedham Ccceeres Bank of Redemption Asiatic Bank Salem Merrimac Manf Csceeeeres Arlington Mills Eaee Evsevees Great Falls Salmon Falls Manf Hill Manf. Co Cheshire RR Teeters Ciin & Mont, Kit Espatava Fitchburg RR West End Street Pass River RR Boston & Albany RR Mull RR Kan Scott & ¢Ao American Ins. Co Jamaica Plain Gas Cosseeesser Veces National Tube Works Fort Payne Coal & Lon Ccc Ins. Co Mach. CO International Hole Mach Fremont Lik & Mo East Middlesex St. RR Hart Bros, Tibbetts & CO Miscellaneous Stock Exchange Wilson W. Jay & Co Brunewick NEW York Financial
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