Kidder, Peabody & Company

Episode Information

Episode UID: 8814095291091
Episode Type: Suspension → Reopening
Bank Type: broker
Bank ID: 881409529 hash
Start Date: November 17, 1890
Location: Boston, Massachusetts (42.358, -71.060)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 68be326b1b7dfdde

Response Measures

None

Description

Article says firm is authorized...to proceed with business implying a recent suspension tied to the Baring Bros. disturbance; exact suspension timing not stated.

Events (2)

1. November 17, 1890 Reopening

Newspaper Excerpt: ORDERED TO RESUME BUSINESS. BOSTON, MASS., Nov. 17.-Kidder, Peabody & Co. are in receipt of a telegram from the Baring Bros. stating that matters are arranged satisfactorily ... authorized ... to proceed with business as usual.
Source: newspapers

2. November 17, 1890 Suspension

Cause: Correspondent
Cause Details: Distress linked to Baring Brothers (London) crisis prompted precautionary suspension/curtailment of business
Newspaper Excerpt: Kidder, Peabody & Co. are in receipt of a telegram from the Baring Bros. ... authorized ... to proceed with business as usual. Boston banks met ... precautionary measures
Source: newspapers

Newspaper Articles (1)

1. November 18, 1890 Fort Worth Daily Gazette Fort Worth, TX

Article from Fort Worth Daily Gazette, November 18, 1890

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Article Text

FINANCIAL. oufldence Restored-Only Slight Effects From the Recent Flurry. aster Rates for Money Among the Favorable Indications-One or Two Temporary peton sucisueding THE FINANCIAL SITUATION. pecial to the Gazette. NEW YORK, Nov. 17.-The stock mar. et opened fairly strong; the principal eakness shown was in Atcheson and ackawanna. Most of the other stocks nowed improvements, notably Northern A acific. raid on sugar trust certificates arried the price down to 50. MAIN secied sq euop редивари SBM Am SJOA ABP our S nd speculators, most of the business eing under the rule for account for the ispended firm. Closing prices in Eupe were stronger. Easier rates for oney were among the early favorable dications. This showed how comletely courageous the attitude of the eq1 pus Commerce 10 HIII compt action of the clearing house immittee have restored confidence 100 FI Дэйош 10 Ajddns AU then 109 'ream 1581 SHM 11 anq1 John pus MOBIG JO 1111] SRM J'B et 800;XUB 8533 Aenow qual 19711 B 11 01 no plon tip. The rates for sterling exBusiness you 0.10 M as limited to necessary transactions. arou B HBME 01 perferred staddings 180 ttled condition before placing bills. -JAAO each SURMEROUT nj bases on ached themselves. A great borrowing mand WHS evident this morning, and asn JOJ $ 1000 dad % 01 резпварь 8011 the stock. Monev values advanced to and interest, but the stock market each paso The important net changes were: Adinced-Atchison, 13/4; Chicago, Cinunati, Cleveland and St. Louis, 2; inadian Pacific, 1: Chesapeake and hio, %, Chesapeake and Ohio first referred, 13, Burlington and Quincy, ; Chicago gas, 16: St. Paul, 8; Rock Island, 2; Northest, 1/4; Colorado coal, 1; :8 ''D : I linois Central, 1: Lake Shore, 1/2; ouisville and Nashville, 15, Manbat11, 1½; Kansas and Texas preferred, 2: Missouri Pacific, 18: New York entral, ½; New England, 3/4; North merican, 11/4; Northern Pacific eferred, 1½; Paciffe Mail, 1: Pullan, 2; Reading, %: Union Pacific, 3; Union Pacific, Denver and Rio rande, 114; Western Union, ½; Wisnsin Central, ½. Declined-Cotton oil, 21/4; Colton oil ust, 1½; Canada Southern, 1½; disling and cattle feeders company. 3%; regon Navigation, 1; Richmond ter13/1 JBBN8 1%1 [BUI ledo and Ann Harbor, 3½; Wheeling id Lake Erie, 1. ORDERED TO RESUME BUSINESS. BOSTON, MASS., Nov. 17.-Kidder, abody & Co. are in receipt of H teleam from the Baring Bros. stating that I matters are arranged satisfactorily -PIM authorized puu p r, Peabody & Co. to proceed with isiness as usual. Boston banks met at a. m. to agree upon concerted action precautionary measures are deemed