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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 05, 1890
Page
7
Open market discount rates for short and three months bills range from 24s to 2% per annum. Consols at 97932 for money and 11 16 for the account. Atlantic & Great Western firsts 40 percent, Erie 29, Mexican ordinary 43, St. Paul common 80. Bank of England bullion withdrawn today on balance totals £20.
Leather in demand and boots firms steady while various farm goods show mixed signals. The city horse market sees heavy western stock, broad sales at public auction, and steady to strong prices with multiple stables reporting sales ranges from $30 to $400 per horse.
Leather merchants report strong demand across hides and finishes with supply tight. Prices remain firm for sole leather, rough leather, belting, and finished uppers. notable activity in buffalo and grain leathers while cariers move cautiously amid elevated costs.
The boot and shoe trade remains strong with a favorable outlook across all goods. Duplicate orders are arriving and jobbers seek to cover probable and actual wants, sometimes at opening prices. Manufacturers with ample leather secured before the advance can profitably produce at old prices.
Manufacturers largely refuse orders at current prices. Boots command about $1 per case more, and shoe prices have risen mainly for repairs. Factories remain busy with spring business strong and fall orders flowing. Higher leather and hide costs signal a trend toward better prices for boots and shoes.
The hide market remains firm with light receipts and moderate activity. May totals show 69,675 hides and 15,000 kips sold, 18,000 receipts sold before arrival, 10,000 withdrawn, stock at 132,000 hides and kips, and 120 bales Calcutta buffalo. Western buff hides steady at 614 6%4c, seconds at 544 5%4c, New England hides quiet and steady.
The india rubber market shows moderate current demand with small actual sales though buying activity rose late last week. Prices stand at 92 to 94 cents for fine Para and 67 to 68 cents for coarse rubber. Recent New York arrivals sold well prior to arrival, and May receipts from Para totaled 660 tons with no stock in first hands and prices unchanged.
Coal sales agents had announced higher prices for anthracite last week and now retailers race to win business. One firm offered stoves at 550 and eggs at 535 per ton with others quickly following. Further cuts are expected if the competition continues, with a dealer predicting prices may drop to 5. Consumers may benefit from the tight market, and buyers should secure coal before peace is declared.
Receipts today total 3327 barrels and 1726 sacks of flour, 300 barrels of oatmeal, 930 barrels of cornmeal. Demand is moderate, with mills cautious on orders. Quotes listed for various flour grades, rye, graham, and cornmeal. Boston flour interests plan to attend Minneapolis millers convention in the third week of the month, with trips to Duluth and other points.
Receipts today total 12 540 bush corn 60 560 bush oats 500 bush wheat 124 tons millfeed and 3740 bush malt. Inspections: 20 cars high mixed corn 42 cars No 2 white oats 3 cars No 3 white oats. Total 65 cars. Demand for corn moderate with prices little changed. Steamer yellow and high mixed around same price. steamer mixed at 43 1 2 c. Oats receipts large and prices easy. No 2 white tracked at 36 1 2 to 37 2 c. elevator lot 37 4 2 37 3 4 c. Clipped oats 37 4 4 38 1 2 c. Rye slight sales 70 c. Malt slow at 72 75 c six row Canada. Millfeed sales: sack spring bran 16 18 26 per ton. winter 18 18 26. Michigan bran 16 75. Middlings sales 17 19 45 per ton. Cottonseed meal 25 50 to arrive and 26 on spot.
The article lists daily receipts across dairy and produce: butter 4611 pkgs and 1477 boxes, oleo 1027 pkgs, cheese 108 boxes, eggs 2026 cases, beans 10 bbls, potatoes 14 cars, sweet potatoes 1 car, hay 38 cars, straw 3 cars, with last year’s figures also shown. Butter prices quoted from 8 to 16 cents for various grades, dairy butter steady with several regional quotations. cheese trade quiet with steady to easy prices. eggs demand softer, large supply with full-price sale for choice lots. beans market noted as quiet to steady with a wide range of peas and beans prices. grass seed market steady with sparse clover demand.
A long list of seed and forage values is reported, including Clover Western and Northern seed prices, Lucerne and timothy hay quotes, and various potato sorts with Norfolk and Charleston prices. Poultry, onions, greens, cucumbers, and other produce are given per crate, doz, or basket rates. The report notes steady hay prices and a steady to fair market for domestic and Southern crops.
The supply and demand for cherries, apricots, navels, dried apples, sun dried fruits, pineapples, Porto Ricos, Sicily oranges, lemons, messina and Palermo citrus, Valencia oranges, apples, berries, and bananas are detailed. Prices vary by crate or box, with notes on arrivals, steamer shipments, and upcoming sales. Major items include Baracoa and Delawares bananas and upcoming arrivals from Boca de Toro and the steamer Flamborough.
The steamer Naples sailed from Palermo on May 27 carrying 10 600 half boxes and 100 boxes Palermo oranges and 23 500 boxes Palermo lemons bound for Boston. Marmion due Friday from Jamaica with bananas for the Boston Fruit Company. Wergeland due June 7 with Baracoa bananas for WW and C R Noyes. Norfolk boat due Friday with 660 pkgs peas 500 bags peanuts 1 700 pkgs cabbage 3 000 pkgs beans and 350 bbls potatoes. Victoria due Monday with Banes bananas for Seaverns and Co.
H Harris & Co will auction Thursday 1800 boxes California cherries and the cargo of the steamer Starlight. The cargo includes 1700 boxes Messina lemons 3500 half boxes and 2000 boxes Palermo oranges and 15600 boxes Palermo lemons.
Readable sections show a train with 11 cars of diverse berries and a detailed meat market report. Pork and pork products show steady demand, lard firm, hams and smoked meats quoted, with varied prices for bacon, sausages, and beef cuts. Tallow market is slow with city rendered at about 4 1 2 cents.
Sugar refined grades show solid demand at firm prices with variations by type and grade. Quotations include cut leaf seven to seven and one half cents, crushed seven and a half, pulverized seven, powdered six and four tenths, cubes six and a half to six and three quarters, confectioners six and one sixteenths, standard A six one sixteenths, Belmont A six, extra five and a half to six, yellow six three sixteenths to six and five sixteenths cents per pound. Molasses remains unchanged with quiet trade and New Orleans grade selling around forty to forty eight cents, depending on quality.
In New York cotton markets the session was dull with prices lower on light sales of 239 bales. Quotations for uplands ranged from 913-16c to middling at 12c, while Gulf and other grades showed similar softening. Liverpool market remained steady with limited demand, and futures closed barely steady after opening steady. Other U.S. markets varied but largely held mid-range tones. total five day American receipts stood at 3482 bales with exports to Britain and the Continent noted. The print cloth market in Fall River remained quiet and steady at 3 1/2 cents for 64 inch cloth amid light sales.
The June to July wheat futures in Chicago show a weaker, quiet trade with local bears pressing prices. Corn remains steady with active option changes and heavy covering, while hot weather aids dry-up and cultivation progress. Provisions fall on a strong hog run, with Farnum Reardon noting lower prices and a cautious stance on current lows.
Kansas City market summary shows cattle receipts 6236 with stronger demand for native cows 216 to 330 and stockers 325 to 360. Hogs receipts 13373 with prices 3742 to 365, steady to mixed. Cattle shipments 3700 steady, beef steers 480 to 490, stockers 240 to 390, Texas steers 230 to 390. Sheep receipts 12500 ship ments 000 steady natives 350 to 560, Western 450 to 560, lambs 507.
The notice from The Oil Market lists closing and opening times for pipe line certificates, prices and shipments figures, with May 31 totals and averages, plus crude and refined runs. It also notes Cotten Seed Oil certifiers and presents market levels, including a steady whiskey market in Chicago and strong prices in Cincinnati.
Turpentine closed at 3744 with rosins reported at 145 and tar at 235. Petroleum finished at 7.40 cents with ASW at 7.200 and cases at 9.10 cents.
Report by George J Fox for the Boston Post covers week ending June 4 1890 with live stock totals at Brighton and Watertown yards arrivals by class and price ranges for store cattle such as working oxen and cows and calves. The document lists fat values and second quality prices with figures indicating quantities and monetary ranges across cattle swine sheep and veals.
Market notes show strong cattle supply and steady hog prices as Western cattle arrive freely for home and export trade. Steers and yearlings command higher bids. veal calves active with rising values, while sheep and lambs trade lightly. Milch cows and springers sold N English yards. market outlook cautious with export demand fluctuating.
A dense shipping list from Liverpool detailing steamer cargo for Norseman Jere and multiple consignors. Items include steel, tin plates, wool, leather, hides, canning goods, soap, paper stock, hardware, linens, glassware, and vast quantities of salts, coal, and raw materials. Named firms include Baring Bros & Co, Whelps Dodge & Co, Brown Bros & Co, J B Moors & Co, H Sears & Co, and many more, with numerous consignments across tins, oil, muslin, and textiles. The record cites destinations and ports in the import export ledger, reflecting a bustling trade volume.
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