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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 16, 1887
Page
6
The Boston money market shows ample loanable funds with call loans at 2% to 4% and time loans 4% to 6% while 5% to 5 1/4% is common on time paper. Exchange figures rise, stocks swing after yesterday's gains, and Atchison Topeka Santa Fe rights trade begins amid railway and cattle transport talks.
Today's Boston stock report lists Feb 16 sales across mining and miscellaneous stocks. Wilson W. Fay & Co. at No 7 State Street provide the figures with opening highs lows and closing prices along with the prior close and ex dividend notes.
The Delaware and Bound Brook Railroad Company has declared a quarterly dividend of percent.
Money on call easy 2 1 2 to 6 with last loan at 2 1 2 and closing at 114. Bar silver 101%. Sterling dull. Government bonds dull. Railroad bonds quiet and firm. Stocks firmer after 2 15 and closed steady to firm near opening. Retail activity dominated. Union Pacific attacked. improved late day. Bond sales 1 158 000. Various bonds and certificates showed mixed moves. several issues quoted near gains or losses.
London closes with Consols at 100 11-16 for money and 100 9-16 for the account while U S hands- 48 and 18074 show active trading. Atlantic and Great Western firsts 45 worries. Canadian Pacific 62 Canadian Pacific seconds 101. St Paul common 98 44, New York Central 115, Pennsylvania 67 4, Reading 1944.
Purified cod liver oil praised as the purest and sweetest, made from fresh livers on the seashore. Doctors deem it superior to others and customers prefer it after trying. Produced by Caswell Hazard & Co. New York with juniper tar soap promised for skin care.
Trading notes show little movement with flour corn and oats steady or quiet. cheese strong and potatoes in good demand. Liverpool receipts and Chicago quotes listed include wheat and corn movements, oats prices, rye quiet, and various flour and millfeed prices reflecting steady demand.
Eastern lumber shows unchanged demand and prices while Northern stock is quiet yet adequate milling continues. Southern market stays quiet with no South cargoes this week. Western saws fair demand with small but sufficient stock. Hard woods hold steady demand at prior quotes as Boston weekly totals list extensive spruce, cypress and pine readings.
The coal market shows little change with large shipments but weak eastward flow. Prices hold for cannel and most bituminous coal, while spring price talk and tolls begin. A New York Philadelphia syndicate buys a large soft coal block in the Monongahela valley for about a quarter of a million dollars.
Flour markets dull and weak with very little business. Prices easier and lower. wheat demand light. flour demand light. Corn quiet with steady prices. lone dealers ask 5144¢ for steamer yellow, moves slow at about 6c. Oats market quiet with light business and prices held steady. quotations obtained centrally.
Pork and lard prices hold steady with no change noted. Fresh beef remains firm while veals stay plentiful and lambs quiet. Muttons unchanged and pigs show mixed long-cut and short-cut price levels amid general stability across meats.
Market reports show butter prices largely unchanged across regions with weak tones in Chicago and steady quotes in New York. Eggs firm in places like the East while Chicago sees drooping fresh eggs. beans seeds and hay hold steady as receipts rise.
H Harris and Company sold a cargo of Messina lemons for 2124.02 per box and Palermo lemons for 3124.75 per box. Messina oranges sold at 1.05 per box, Palermo oranges at 1.109.25 per box. Valencia oranges via Norseman steamer offered 8.40 regular and 5.62 extra large. Apples listed by variety with Massachusetts and Maine prices. Peanuts and other nuts priced in cents per pound.
Cotton markets show Liverpool futures opening flat and closing steady across February to October spreads. Spot sales in Liverpool at 51 5144¢ Pth for mid uplands and Orleans, with 10,000 bales sold and receipts of 15,000 bales. New York spot quoted mid uplands 912¢, low mid 9¢, good ordinary 6 4¢, with futures barely steady and varied bid-ask quotations across March to July and August to October. PIPE LINE CERTIFICATES and refined oil prices listed. raw sugar firm with various bid prices and vessel shipments data.
Market report from Tunspar on February 15 notes steady demand for meats with beef and mutton firm. Lists detailed prices for veal, pork, poultry, game, fish, dairy and fresh produce, highlighting scarce pigeons and higher quail and black duck costs, with limited availability of fresh salmon from North Carolina and occasional new offerings at the market.
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