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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 01, 1889
Page
6
The report notes varied activity across metals and agricultural products. Iron and copper hold steady, lead and tin show limited movement, while flour, corn, oats, and rye exhibit mixed quiet to firm trends. Livestock and dairy items such as pork, beef, butter, and cheese remain dull or steady with some items in short supply.
The week saw quiet iron demand with firm prices for choice and standard brands. Southern mills push for Eastern business, Western markets strong, and forecastspoint to more January transactions. copper and tin show steady to unchanged pricing amid a broad set of commodity quotations.
The Money Market notes a firm close to 1888 with clearing house rates up to per cent for all transactions. New York funds traded at a discount to par, and bonds steady around 108 to 128 percent for 4s, with exports and imports showing a net gold loss for 1888. Boston and New York exchange figures compare 1888 to 1887, while rail and copper shares show mixed movements and dividend details across major companies.
Auction sales list various railroad bonds and shares from 1909 to 1916 including Kansas City Emporia & Southern, Maine Central, Leavenworth Top & Southern, Western rail lines, Consolidated of Vermont, People's Building and Loan Association, and Omaha Southwestern Railway. Entries show bond serials, year of issue, and quantities such as 1000 or 2000 shares.
Money on call tight at 5 to 10, last loan 10, closing 10 bid. Government bonds dull but steady, stocks active briefly after delivery hour with notable moves in New England, Lackawanna, and Oregon Transcontinental. Reading firsts rise to 142, Wabash converts to 88, and Ohio Indiana Western firsts at 64 as market ends firm but dull.
The article lists closing prices for Consols and various stocks in London and North American markets, notes discount rates for short bills at 6 percent, Paris rentes at 82 francs 65 centimes, and reports £89,000 bullion added to the Bank of England balance. It reflects late afternoon financial activity and bullion movement.
The money order department of the Indianapolis postoffice was robbed of about 2500 dollars at 12:30 p m. Today A H Johnson chief of the department was summoned away during lunch by a stranger and thieves stole the money while he was absent.
Dr W Jane Michell of Mitchell Dakota says Morsford's Acid Phosphate is nearly specific for this disorder. It checks vomiting restores the appetite and allays fear of indigestion that is so common to it.
The Chicago grain market shows a bullish nudge from a 65 000 bush wheat export from New York, with Hutchinson building positions near 107 for May and attempting 108 but net purchases exceed sales. Corn holds flat with bulls wary of lower options, as November and February quotes edge lower. oats trade within narrow ranges while futures in New York and St Louis show mixed cash and futures prices for Wheat Corn and Oats with various December to May values.
Receipts show 1888 totals for butter oleo eggs beans potatoes and poultry with figures across multiple forms and grades. Market notes indicate butter steady with varied regional quotations, cheese trade quiet at firm prices, eggs prices by region, and potatoes and hay markets described as well supplied or steady with quiet demand.
The market shows dull to steady activity with ample supplies. Prices listed include turban squash at 30 per ton, Hubbard 35 per ton, Savoy cabbage 75 cents per bushel, red cabbage 150 per bushel, Spanish onions 75 cents per crate, lettuce 50 cents per dozen, celery 3 dollars per box, and parsley 2.50 per bush.
The St Andrews Bay arrived from Messina with 4000 Messina oranges 3500 Messina lemons 8700 Palermo oranges and 6700 Palermo lemons for Boston to be sold Wednesday. The St Bernard arrived with 7750 Palermo oranges and 8000 Palermo lemons. The Naranja sailed from Palermo Dec 13 to Boston with 5100 Palermo oranges and 4100 Palermo lemons.
The steamer Lorenzo D Baker arrived Saturday with four boxes of Jamaica tomatoes, the season’s first. The produce was in poor condition and sold low by Isaac Locke & Co at 125 dollars per crate.
Harris and Co announce sales on Tuesday at noon of 6000 boxes Florida oranges and 40 bags popping corn. on Wednesday the cargo of the steamer Stndrews Bay includes 12600 boxes Messina and Palermo oranges and 10500 boxes legnons. The year’s receipts show 1888 versus 1887 totals for apples cranberries watermelons and Florida oranges, highlighting robust fruit trade and seasonal Mediterranean fruit receipts.
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