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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Apr 23, 1887
Page
7
The Boston money market stays quiet with steady rates. general and corporation paper quoted 4% to 6% and 4% to 5% respectively. Stock activity shows weakness early, then a late-day rally in most names led by Atchison and Union Pacific, while Boston & Maine and Eastern consolidation debates provoke legislative debate and commentary.
The New York market shows money on call steady at 4 to 5 percent, with prime mercantile paper at 5 to 6 and several bond sectors steady. Railroad shares drift, Union Pacific leads gains after early declines, and overall activity remains quiet with some midday firmness. The issue also covers extensive fishery statistics, prices for cod, mackerel, herring, and other seafood, summaries of Newfoundland and Canadian fisheries, and imports from British North America.
London on April 22 shows Consols at 1029 16 for money and 1025 for the account with other securities listed. United States bonds and stocks including 4s and various railway shares such as Atlantic and Great Western firsts 48 3, Canadian Pacific 65 48, Erie 35 44, Illinois Central 159 14, Reading 23 Ye, St Paul 0 444, and Pennsylvania 61 14 are noted with mixed prices and small movements.
The Vitchburg railroad plans to illuminate passenger cars with storage-battery powered incandescent lights. A test on the 6:40 to Waltham used 15 lamps with a 24 cell battery weighing 1300 pounds, delivering bright, steady light. The system allows dimming, servicing, and a ten hour run time per charge at 75 cents. If successful, the whole line will be equipped.
The annual sale to aid the Ladies' Aid Association of the Homoeopathic Hospital took place yesterday at the Vendome parlors. A display featured lace and satin crafts with proceeds matching prior years. Donors included Mrs. E. B. Converse of Malden and Mrs. J. H. White of Brookline who contributed cut flowers. Tables were organized by a corps of volunteers led by Mrs. W. W. Clapp and others.
Commodities show little change across the board. Butter eases while cheese remains strong, provisions firm but quiet, and eggs and beans hold steady. Fresh beef, apples, and various grains such as rye and oats stay near unchanged, with truck demand remaining good and potatoes lagging.
Readable fragments show prices for frozen herring at 150 to 175 percent and 100, shad roe at 85 to 40 cents, shad buck at 20 to 25 cents, oysters at 90 cents in Norfolk, medium at 115 dollars, Providence River at 115 dollars, and clams at 50 cents.
The flour market shows little change with stocks of spring patents firmer as demand stays light. Corn remains quiet with light sales. steamer yellow priced at 55c track, elevator lots at 56 44c. Oats slow. No 2 white short lots at 40 40 14c. Closing bids set varied, and inspections logged 22 cars across wheat, oats, and peas. Prices for flour types and cornmeal listed with export figures for Canada and New York. Rye, oats, barley, malt, and hops priced across multiple grades and regions.
Butter demand weak in Liverpool and Chicago eases while New York and Philadelphia hold steady. Elgin and Western creameries quote around 24c and 21 22%4c with receipts up. eggs soften in Chicago though steady in New York and Philadelphia. beans, seeds, and hay firm with tight supply for fancy lots. potatoes and sweet potatoes vary by grade and region.
The list details fruit names and price ranges across apples dried fruits and foreign fruits. It includes Maine and Massachusetts entries, price per box for Valencia oranges, lemons from Mesina and Palermo, and Malaga grapes with repacked options, plus Florida oranges in multiple grades and sizes.
Readable list of fruit items with pricing for ordinary russet bananas mandarins and tropical varieties. Mentions P boxes and locations such as Jamaica and Baracoa with price figures including 2 dollars for russet, 12 mandarins per box for eight, and bananas priced at 125 to 200 in unspecified units.
A busy market shows demand for truck today with squash and tomatoes varying in price. Prices include $150 per crate for summer squashes, $174 per crate for Southern tomatoes, and $5.7 per dozen for asparagus with no change from yesterday.
Fresh beet market remains firm with strong demand. Lamb mutton and veal mostly unchanged. Pork items show steady pricing across long cuts short cuts backs lean ends and bacon products. Lard hams and shoulders also hold steady with varied regional quotes for size and cure.
Cotton futures opened and closed with varied values across months from April to September, while spot upland prices eased in New York. Daily activity shows 7,000 bales sold and 17,000 bales received in receipts, with ongoing pipeline certificates and refined oil and sugar price movements reflecting a stable to cautious market sentiment.
Financial report from New York and midwest markets with flour and wheat receipts and prices. Highlights include Western and State flour quality, mixed bbl pricing, No 2 spring and No 1 hard wheat quotes, bacon and lard movements, beef and pork values, and regional grain receipts in Milwaukee Chicago Cincinnati Toledo Detroit and St Louis.
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