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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 03, 1890
Page
7
Weekly bond sales totaled 4 265 000 dollars, down from 5 179 000 last week. New York stock market on March 1 shows 115 100 shares traded with numerous price figures for motors, rail, and mining issues. Notable names include Northwestern, New Jersey Central, St Louis Southwestern, Western Union, and Texaco among others.
Boston capitalists and Haverhill leaders meet in Bradford to study a Meigs system elevated rail line from Haverhill toward Lawrence. They tout higher speed capacity, expanded passenger flow, and minimal street disruption, urging gauge restriction repeal to unlock Merrimac Valley development.
The Paine's Furniture Company at 48 Canal Street operates on eclectic principles with a vast and varied retail stock. Bostonians enjoy access to one of the largest furniture inventories in the country, featuring ornate modern Belgian carving and delicate enamelled pieces in the style of Gouticre.
Advertisement notes Dr Bull's Cough Syrup as a rival-free remedy priced at 25 cents. It touts Salvation Oil as a great success that provokes imitators and urges customers to buy the genuine product at 25 cents.
Crude iron and finished iron demand remains steady with large deliveries from prior orders and a firm market. Prices span Nod 19.50 to 20.00, No 7 18.60 to 19.00, gray forge 17.13 to 18. Potential spring revival hoped as mills stay active. Steel rails show firm pricing at 35 per ton. Copper, tin, and lead markets exhibit mixed but generally weak to steady activity in London and New York.
The sugar trade reports firmer sugar markets with refining and centrifugal values and light offerings for shipment. Primary market reports from Cuba show backward movement but firm sentiment. Rio coffee strengthens. New York speculation subdued yet prices rise 6 to 10 points. Brazils’ total visible supply tightens, with weekly receipts in Rio and Santos, and Java and Maracaibo grades firm amid quiet spice demand.
Fall River notes weekly print cloth production of 200000 pieces with 196000 deliv eries and 38000 on hand while sales reach 135000 pieces and futures at 97000. Market firm and steady with price 342 cc and 31 16 cents for 64s and 60x56s quoted. Providence market closes quiet with unchanged guarantees and firm 3 vec for 64 squares.
In New York on March 1 a leading shoe maker announced the acquisition of a major rubber supplier. The deal consolidates supply lines, potentially stabilizing availability and pricing for the footwear industry.
Market observers report a looming rubber shortage as near one million pounds remain obtainable, with summer supply expected tight. Factories run short due to light winter snow, and recent sickness in the Amazon interior cuts crop output. Rubber boot and shoe makers plan to meet March 5 at Hotel Vendome in Boston to discuss price increases from 10 to 15 percent amid looming shortages. Para rubber may reach or exceed one dollar per pound before midsummer.
Chicago teletypes report heavy trading in wheat with bullish tone after Russia crop destruction and Spain duty cuts. Prices rise across March to July futures while corn oats and pork move mixed amid persistent buying and market caution. Local receipts show softer piano grain market in St Louis Minneapolis and Duluth with steady millfeed and barley quotes.
Markets show steady demand for flour with light jobber stocks and multiple grades quoted. Prices span Minnesota and Wisconsin flour lines, New York and Chicago wheat, corn, oats, and rye markets, with receipts, exports, and on track sales noted for steamers and grade distinctions.
Receipts list butter 567 pkgs and other dairy goods, with large cheese and egg quantities. Butter market remains steady with Western creameries at 26 28c for choice, other grades steady or rising. Cheese and beans show firm demand. eggs steady with regional variations. Potatoes and hay markets mixed, with Jersey, Floridas, and Nova Scotia stock noted and straw price steady.
A trading note lists cabbage varieties at $2 25 to $2 50 per bbl, savoy and red cabbage at $2 per bbl, squash and turban priced around $40 per ton, onions at $4 45 60 per barrel, Florida cucumbers $2 and Florida tomatoes $2 50 per crate, Bermuda tomatoes $1 small crate, green beans and peas steady at $1 60 3 00 and $2 50 per crate respectively, while spinach is weak and sold low.
Apples demand quiet with steady prices and ample supply. Baldwins No 1s at 3 50 to 3 75, No 2s 2 50 to 3, Northern Spies 3 44, Tasman sweets 2 50 to 3 25, russets 2 50 to 2 75, Bartletts greenings 3 3 50 per barrel. Mediterranean fruits well supplied, Valencia oranges slow sales, Sicily lemons 3 3 50 per box, Sicily oranges 2 4 per box. Florida fruit quiet and firm, Indian River brights 4 6 per box, 176 to 250 count at 3.
The Glen Tanar passed Gibraltar Feb 9 bound for Boston with 5000 boxes Messina oranges 1400 Messina lemons 6800 Palermo oranges 8700 Palermo lemons. Fitzroy passed Feb 15 for Boston with 5500 Messina oranges 300 Messina lemons 6500 Palermo oranges 11000 Palermo lemons. Columbia passed Feb 26 for Boston with 3000 Catania oranges 300 Catania lemons 6000 Messina oranges 4000 Messina lemons 3300 Palermo oranges 10200 Palermo lemons. Savannah boat due Monday with 2100 boxes oranges. Norfolk boat Monday with 28 boxes of 130 bags peanuts and 1400 bbls.
Receipts list tallow pork bacon lard hams and other meat products with last year comparisons. Pork market shows strong demand at quoted prices for long cuts backs and various pork products with regional quotes from New York St Louis Cincinnati Chicago and Kansas City markets. Cattle hog and sheep prices and receipts across Kansas City St Louis Peoria Chicago and Texas corn fed steers are reported with steady or rising trends and steady shipments.
Cotton in New York shows steady to barely steady futures as upland grades range from ordinary to middling with quoted prices from 8 1/2 to 11 1/2 cents. Liverpool opens steady on middling uplands at 6 1/16d, with U.S. and international receipts and stocks listed alongside regional market summaries and notable exports to Britain and the Continent.
Philadelphia Net receipts 350 gross 350 stock 11L 907 firm mid 119 16c Samaipre A0 receipts stock 3139 nominal mid lac seann to receipts 1406 gross 6739 stock 0 785 Cincinnati Net receipts 884 gross 84 shipments 1491 stock 8204 steady mid 1L0 gc St Louis Net receipts 229 gross 662 shipments 926 sales 873 stock 66 799 steady mid 104 gc Louisville Steaay mid 11 Consolidated net receipts one day 11 191 exports to Great Britain 4500 exports to the Continent 5 356 stock at all United States ports 546 514
Peoria and Chicago show firm whiskey and spirit prices with Peoria at 1038 and 105 for spirits while Chicago holds at 102. St Louis notes whiskey at 102 and Cincinnati reports a strong steady market with whiskey at 1 Ov.
Turpentine closed at 42 42 percent, rosin at 115 120, tar at 225, while petroleum closed at 7.65 cents with RSW at 7.50 and cases at 9.70.
The incoming list records cargoes aboard the steamer Otranto at Hull including coffee 250 packages, cotton and rag bales, wire rods, iron, steel, grease, flax wastes, paper stock, nails and wire coils, glass and chinaware, woollen goods, hides, pottery wares, bricks, paint, potatoes, wood pulp, rags and various draughts of bales and cases from multiple merchants such as D adabboy & Co Crocker, Burbank, J B Moors, Dutton, Brown Bros, Lasard Freres, Houghton & Dutton, Meeker & Carter, Nash Winslow, Dexter Bros, Kama Tow, RB Storer, Snow & Co, and others.
Shipping list from Cardinas Cuba and Halifax routes showing Mattie B Russell and Tioga cargoes. Entries include secondhand molasses, meal, kerosene, lard, cornmeal, flour, hoop iron, shorts, sacks, bbls, and bags aboard Tioga Bessie Carson with quantities and destinations LA HAVE Liverpool NS Annapolis NS.
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