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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 25, 1891
Page
7
The week saw a stronger inquiry for lumber with several sizable orders expected for later delivery. Prices remain favorable to buyers on large lots, with cargo spruce and pine markets steady to dull, and green boards weak. Mills plan to restart by mid March as the spring movement opens, while cargo spruce stays nominal and overall dimensions and frames fetch modest prices.
The Southern lumber demand remains strong with large orders including a million feet of pine for the Boston and Maine railroad. Prices are steady across pine floorings, cypress, white woods, and Western pine varieties, with reported receipts of 800,000 feet hard pine by sail and ample Gulf and Atlantic freight options.
Chicago and New York futures moved with thin supplies as wheat edged lower early then recovered to near day’s high on forecasts of a 40 degree temperature drop in the West. Prices closed steady to higher with May wheat near 96 cents. Corn posted gains on firm demand and spillover from oats while oats held firm. Minneapolis and St Louis quotes showed mixed on on track and cash markets.
Flour markets show steady quotes across grades while demand remains weak. Reports indicate small lot sales for flour and rye flour limited to jobbing lots, with prices ranging from 4.25 to 6.25 for various grades and export grades quoted FOB. Cornmeal and oatmeal trading mixed, with bag meal at 2.70 and barrel meal at 2.75, while oatmeal remains steady around 6.00 to 6.25 for cut and rolled.
Receipts list beef, pork, lard, hams, and veal with figures by year and product. Beef supplies light, pork and lard steady with quiet demand. Lambs and mutton firm, veal unchanged, tallow quiet. Chicago market weak, grain reaction minimal. hog receipts strong, undertone down, potential advance later. Regional notes: Kansas City hogs lower, cattle mixed. Cincinnati hogs open slow, steady ranges. Peoria steady, St Louis opening for Yorkers.
Chicago cattle receipts reach 10 000 with 4000 shipments slow and weak steer prices at 4 5 26 cows 1 26 2 50 and heifers 3 3 50. Hogs receipts 52 000 with 15 000 shipments slow lower and common prices 3 20 3 40 mixed packers 3 40 3 50 prime heavy and butcher 3 50 3 65 light 3 50 3 55. Sheep receipts 14 000 with 3000 shipments lower natives 3 60 5 Westerns 4 25 5 70 lambs 4 50 5 96.
Receipts list numerous commodities including butter eggs cheese beans potatoes hay straw and poultry with market notes. Butter demand is strong for choice western creamery and various regional creamery prices are given. Cheese market steady with firm prices. Poultry demand is good for fresh killed stock, with prices for turkeys chickens and fowls. Potatoes and bean markets stay steady with light demand and liberal supplies.
The truck trade shows fair, steady prices for vegetables and fruit. Listings include spinach 80¢ per bush, Southern produce at $1.25 to $1.50 per barrel, cabbage $2.25 per barrel, kale 75¢ to $1 per barrel, onions various regions from $3.75 per case to $4 per barrel, radishes 70¢ per dozen, cucumbers 10–15¢ each, cauliflower $1.50 per pair of dozen, and other items such as lettuce, beets, parsnips, and beans with varied per unit or per box pricing. The report cites numerous regional varieties and container types, indicating broad market activity and price levels.
Florida fruits show receipts of 8181 pkgs, up from 6623 last year, with steady orange prices and fair demand. Mediterranean fruits are steady but quiet with Palermo and Messina varieties listed. Apples show 12 bbl receipts, firm market with multiple varieties and prices. cranberries and Almeria grapes noted alongside nuts and other dried goods.
The steamer Effective passed Gibraltar for Boston with 5500 boxes and 1600 half boxes Messina oranges and 3300 boxes Palermo lemons. The steamer Prior heads to Boston with 2300 boxes and 500 half boxes Messina oranges and 1500 boxes Messina lemons. The steamer Efficient loads at Mediterranean ports for Boston. The Leon due next Thursday with Jamaica bananas for the Boston Fruit Company. The New York boat due tonight carries 2000 boxes oranges.
The New York spot cotton market opens easy at 9c for middling uplands with 67 bales sold and stock of 135,669. Futures open steady and close firm as 92,100 bales move. prices show slight shifts through February and April contracts. Liverpool market is unchanged at 4 in middling uplands with 8,000 bales sold and 30,000 receipts, futures quiet and steady with varied bids. Other markets report steady to quiet tones on mids around 8% to 9c across Augusta New Orleans Mobile Savannah Charleston and other ports.
Consolidated net receipts for four days total 67 108 bales with exports to Britain 62 582 and to France 11 658 bales. Continent shipments amount to 10 650 bales and stock stands at 777 718.
Sugar markets remain firm with various refined sugar quotations listed by brands and grades. Raw sugar, molasses, and foreign beet prices are provided, including London beet, Javas, Porto Rico, Ponce, Cienfuegas, Barbados, and Arroyo grades, with domestic wholesale prices for granulated sugar and trends in New Orleans demand.
Havana reports a steady sugar market with 8500 bags Internee 96 to 96 percent polarization sold for speculation at 1305 percent gold per quintal.
The Peoria whiskey market holds at $115 while Cincinnati and St Louis stay firm at $114. Turpentine and Petroleum in New York quote 40 2c with resin at 14242 147 percent and tar at 260. Petroleum closes at 7.10 cents with KSW at 7 500 and cases at 9 65c.
London reports indicate cargoes off the coast with wheat and corn firm, two corn cargoes sold since last report, and quiet English markets. At Mark Lane wheat quiet, Liverpool spot wheat steady with moderate demand, corn quiet. Breadstuffs prices show winter wheat 7s 6d to 7s 7d, spring wheat 7s 7 4d, California 7s 10d, club wheat 7s 6d, American corn 6s 7d. pork 48s 9d, bacon 26s 6d, lard 29s 9d.
In Fall River markets dated February 24 1896 cotton print cloth prices are quiet at 31 16 and 256 for various weights. London wool sales show brisk competition with 15 535 lots, broad Australian and Cape of Good Hope offerings, brisk buying by Americans, and price details across New South Wales Queensland Victoria New Zealand Anzetans and South Africa offerings.
Data from the Watertown and Brighton market shows live stock totals, car counts on multiple rail lines, and varied prices for cattle sheep and hogs. Notable entries include Western cattle sales, high priced steers by J. A. Hathaway, and detailed weights and prices for sheep and lambs from local firms Wood & Bidwell, J. J. Walker, W. James and E. L. Sargent.
In Yarmouth New Jersey the steamer Boston carried 52 crates lobsters 7 barrels potatoes 155 drums fish 2 barrels apples 2 cases rabbits and other goods from Barclay Clements & Co and H F Hammond. The shipment also listed 1 organ 1 box moose meat and 2 cases rabbits with additional consignments described as a quantity noise. The Havana steamer Shawmut carried 13 486 bags sugar for Nash Spaulding & Co.
Shipping record lists exports from Trinidad Bark Auburndale Liverpool Yarmouth and Annapolis with tonnage and cargoes including lumber, meat, dairy, grain, oils, and hardware. Notable items include 300 bales hay 1736 pieces rough white timber and 2552 finished lumber, 519 barrels pork, 118 half barrels, 75 barrels beef, 1205 gallon cans, and 420 barrels tub oil.
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