This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 22 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 28, 1888
Page
6
The Boston money market shows dull trading with little change in rates. Clearing house rate at 2444 percent, general market 4 to 5 percent, call loans 4 to 41/2 percent. Bank balances and exchanges reported, and Mechanics National Bank moves to new quarters with reorganized leadership.
G Williams Co Boston Stock Exchange listing shows mining stocks and prices with Navists and other securities. Markets were disappointing to bulls after a strong close Saturday with wheat selling at 81c for May, large visible supply decrease matching estimates, corn dull but firm, and provisions dull from open to close.
The Boston Post reports a mixed session with February 28 1888 trading under free regulation. Prices ranged and declined in places while a dull tone persisted through the first hour and a modest recovery followed. Erie and Chesapeake bonds showed weakness and several issues fell, with notable movements in Indiana Bloomington and Western and Kansas City lines among others.
Several firms announce payouts including Fairbanks Leale 3 percent dividend. St Marys Canal Mineral Land issues 1 per share or 820000. Grand Avenue Cable and Horse Railway Kansas City to pay 2 per share on March 1. Delaware & Hudson Canal raises quarterly to 1g percent. Edison Electric Light Fall River declares 6 percent. Louisville & Nashville Railroad 2 percent in stock to holders of record March 1.
New York trading opened with easy money on call at 2 to 2 1/4, prime mercantile paper at 4 4 64, and Bar Silver at 9.65. Sterling exchange remained dull but firm amid a generally heavy session. government and railroad bonds fell softly while stocks slid, notably Lackawanna and Union Pacific, with Louisville & Nashville showing some strength. By afternoon the market cooled further, ending near the day’s low yet slightly above it as activity waned and later trading steadied.
London market notes show mixed firsts and seconds across several rail and commodities, with Canadian Pacific and Illinois Central mentioned among others. Berlin reports Imperial Bank of Germany specie gains of 10.54 million marks and money at 1 to 1.5 percent with discount in open market at 2 percent.
Proposals received for purchase of 8350 three fourth inch and 160 one inch Tremont meters withdrawn and 260 three fourth inch and 150 one inch meters never used. Bids were by pound and gross weight or four price per meter for large quantities. Companies including W I Nichols Thomas Butler American Pool and Machine Company submitted figures. contract not awarded.
Judge McKim disallowed the will of William E. Haker offered for probate after the 1872 fire damaged the document. The charred will had many sentences obliterated and the testator stated before his death that he destroyed it and did not intend the will to stand. No appeal will be made.
The central branch of the Irish National League held a public meeting at Montgomery Hall 735 Washington street. Aldermen J. Doherty W. J. Murray Fitchburg F B Fitz John Hurley Roger F Keannan Dominick Toy M. J. Walsh and others spoke. The audience included many ladies and more such meetings are planned.
Market notes indicate firm or steady tones for flour buckwheat and rye while several items like ducks, quail, and oysters show dull or quiet demand. Potatoes and fruits display varied movement with Florida oranges in fair demand and cranberries in light supply. livestock shows modest activity in lambs and hogs with pork and lard holding steady.
Official statement shows merchandise exports 63,055,204 down from 71,584,899 last year, imports 58,487,673 up from 51,951,153, gold and bullion exports 2,862,961 up, imports 1,591,816 down, total exports 65,917,795 vs 74,078,808 prior year, total imports 60,079,489 vs 66,680,746.
The market for canned goods remains firm across varieties with steady small-quantity sales. Contracts for corn tomatoes asparagus peas and fruits are placed daily as prices rise above last year’s opening levels, while oysters in Baltimore show unsettled pricing and willingness to negotiate.
The New York Commercial Bulletin reports a quiet demand for dried apples with no price changes. Western stock levels are misestimated, actual holdings not exceeding 45 000 boxes, while purchases for New York Philadelphia and Chicago reach about 20 000 boxes. Prime to choice unsacked stock ranges around 84 4 etch and other grades show limited supply with prices quoted for prime punched and ring out.
Capital of $200,000 noted with mercantile accounts solicited and correspondence invited. Officers listed include R. C. Downer as President F. C. Squire as Vice President and W. B. Dresser as Cashier.
The report notes rising prices in the fruit market with upward tendency for dried domestic fruits and limited export demand. It cites supply estimates in several cities and lists prices for apples, peaches, berries, raisins, figs, and other dried fruits across domestic and foreign markets.
The Flour market remains steady with fair demand for winter wheat flour and modest trade. Corn oats and rye show mixed activity with prices quoted for various grades, while grains in elevators and visible supplies are listed alongside regional price ranges and recent transactions.
The butter market is quiet with prices largely unchanged from last quotes. Best fresh-made creamery struggles to reach 30c, while imitation, ladle, and Western grades show a wide spread from 19c to 30c depending on quality. Egg prices ease with a downward tendency, and beans show firm demand with varied regional pricing.
In Chicago butter is quiet and a shade easier with Western creamery extras at 25 26c. Cheese remains firm and eggs steady at 19c for Western extras. New York butter and cheese are quiet and unchanged while eggs ease to 23c for Eastern firsts and about 22 1/2c for Western. Beans steady and Liverpool cheese market dull at 68s.
Auction shows Valencia oranges at 805,4600 per case from H Harris & Co. Exports for AQ Lombard's Sons rise this week Boston 8074 bbls and season total 142,357 bbls. Liverpool and Glasgow markets higher with Baldwins and greening prices up. Florida oranges in strong demand with Palermo and Messina listings and Valencia at 3 25 to 5 50 per case for regular to extra large sizes.
Provisions show prices steady with demand fair for lard and hams. Long cuts 17.25 to 17.75, short cuts 17.60 to 18.00, backs 18.18 to 18.25, lean ends 17.25 to 17.75, pork tonne 16, prime mess 16.75, extra time 18.76 to 14.25, mess 14.75 to 16.75. Beef and lamb quotes follow, with fresh beef demand light and cattle grades listed. mutton and veal ample with lambs around 10e per lb and common to good 7–9e.
Market snippets show pipe line certificates closing at 3 pm February 27 1888 with bids and prices. Sugar and molasses quotations remain steady with refined and granulated grades in slight demand. tallow and turpentine market values listed for New York and London with petroleum near 67 7 4 cents and rosin and tar figures.
Reports from trade centers in New York on February 27 show flour receipts and exports with mixed price ranges for Western and State flour from $280 to $500 and various extra and superfine grades. Wheat futures rise early on export demand with No 2 spring around 87 to 94 cents and No 2 red near 89 to 90 cents. Corn and rye see steady to dull activity with multiple delivery options and price points.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.