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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 07, 1890
Page
7
Retail coal market sees rumors of rule violations and a possible price cut of about 25 cents per ton. Dealers argue the form of the thirteen day contract limits must be enforced, with potential penalties and efforts to patch the agreement amid rising freight costs and low prices.
Gloucester reports 150 bbls of new mackerel landed from Cape Sable on a dull market. Prices likely around $15 per bbl with large 3s in prospect. Cape Town stock held at Provincetown. overall mackerel outlook improving with distant schools reported and Halifax catches rising. Codfish demand quiet though prices hold, canned fish movement fair and fresh fish supplies ample. swordfish first of season sold, alewives steady at $1 12.
The Grain Trade reports receipts of 78 230 bushel corn 15 640 bushel oats 72 tons millfeed 950 bushel malt. Inspections include 61 cars with 12 corn 49 oats and futures show steamer yellow corn 44 42 45c No 2 white oats 37 42 36c No 3 white oats. Prices drift as Western markets ease, with oats and corn holding but overall activity limited.
The issue lists today’s receipts across butter oleo cheese eggs beans potatoes sweet potatoes hay straw and more with last year’s figures for comparison. It notes no material change to butter, steady New York and Chicago demand, varying cheese and egg markets, and firm hay and straw prices with limited stock.
The market notes steady fruit sales with scarce apricots and ample cherries, while naval oranges and lemons show varied demand. Steamer arrivals include Palermo lemons and oranges for Boston, Jamaica bananas for Boston and Seaverns, and a Saturday strawberry train. pork, beef, and lard prices are firm with steady fresh meat demand.
Sugar demand remains firm with prices steady across grades from 5 to 7 cents per pound depending on type. Granulated and confectioners items show wide ranges, while wholesale rates sit around 6.56 to 6.69 cents. Molasses sales are slow but steady with New Orleans trading 40 to 48 cents per barrel and various Caribbean grades quoted from 20 to 38 cents.
Chicago sector notes a sharp wheat break after the Mis poe crop report signals reduced yields. July wheat closed weak with heavy stop orders while corn moved firmer in sympathy. Provisions were higher early but quiet traded as market awaited the government report.
In Liverpool the market is quiet with a moderate inquiry at 69-16d for middling up lands. Receipts total 6000 bales, American shipments 4900 bales, sales 1000 bales, American 600 bales. Futures opened and closed quiet and steady. Other markets show varied sentiments with Augusta firm and New Orleans quiet. Consolidated net receipts seven days 4808 bales. exports to Britain 19,835. stock at all US ports 168,145.
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