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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 22, 1890
Page
6
Flour and corn prices show firmness with oats and rye mixed. Butter and cheese hold gains while beans and game slow. Potatoes and straw steady. fruits, especially oranges and cranberries, show varied activity. Pork, beef, and molasses hold firm or unchanged amid quiet demand. high wines and sugars remain steady.
Boston money market stays easy with 4 percent on bank loans and 4 to 6 percent on time loans. NY funds gain $350,000 in Treasury operations. exchanges rise with total daily activity near $97 million in New York and $16.5 million in bonds offerings. Local stocks are quiet. Atchison and Union Pacific show mixed moves amid railroad news and copper stocks retreat despite favorable outlook. Sugar certificates edge higher as Judge O Brien rules on Sugar Trust dividends with North River shares held in reserve.
Fennessy Armstrong and Company offers bills of exchange on London with high grade investment pending and a specialty in general banking business transacted.
Government bonds were taken in exchange at market price as recorded for transactions in the First Floor Fiske Buildings.
National City Bank Lynn declares a 5 percent dividend. Boston and Colorado Smelting Company announces a quarterly 22 percent dividend. American Screw Company Providence declares a quarterly dividend of 250 dollars per share.
The market finished quiet but strong at day’s best prices as coal and ore stocks led a broad advance, while utilities paused. Sugar Refineries recovered after an early drop on dividend news, and Chicago Gas drew selling after an injunction threat. railroad bonds, mining shares, and western rail consignments showed mixed moves with some gains and notable strength in coal and ore issues.
Reported by Wilson W Fay & Co listing prices across a range of stocks from Fort Wayne Coal & Iron to Maverick Land and McKay Milling. Includes Electric stocks such as Union Electric Car Co and Thomson-Houston Co with varied quotations and limited price details.
New York on March 21 reports easy money on call from 3% to 4% with last loan at 3 1/2 and closing at 3 4%. Bar silver at 95. Sterling exchange dull and steady with actual business 4.82 for 60 day bills and 4.85 for demand. Government and railroad bonds quiet and firm. Stocks gain momentum after 2:15 led by a broad price rise across the list including Lackawanna and Jersey Central.
The Fall River market reports no current orders with activity at a standstill. Prices indicate possible fulfillment at 35-16c, while goods on shipment remain stockpiled and GO values stay at 3c.
The March 21 closing prices list several mining stocks with values such as Best & Belcher 2.55, North Belle Isle 2-17-20, Crown Point 0. SAB, Potosi, Commonwealth 2.65, Sierra Nevada 0, Gould & Curry 1.30, Union Con 0.60, and Yellow Jacket 1.40, reflecting varied market activity in this mining sector. The report preserves the era’s formatting and ticker-style entries for numerous companies.
London market notes state Canadian Pacific and Mexican stocks with varied prices at 12 30 PM and 4 PM. The Bank of England balance today shows bullion ingress of £87000, reflecting changes in Currency and securities markets.
An 19th century advertorial discusses the misery of female illnesses and urges use of Dr Pierce's Favorite Prescription as a guaranteed remedy. It claims the medicine protects health, promises satisfaction or money back, and also recommends Dr Pierce's Pellets for biliousness headaches indigestion and constipation.
Trade in salt fish remains steady with small Lent trade and ample fresh fish supply pushing prices lower. Mackerel demand is moderate with Cape Town mackerel in question due to landing laws. Spanish mackerel fetches high prices, while native and foreign mackerel sell at varied rates. Codfish markets soften, herring strengthens, and canned goods stay steady with limited canned lobsters and salmon trading at modest levels.
Fresh fish demand was fair early in the week and eased toward the end as prices declined. Steak cod ranged around 42.5 to 2.43 dollars, haddock and hake varied, with shellfish showing oysters near 11 to 12 dollars per gallon and lobsters steady at 14 to16 cents. Frozen herring and mackerel moved, while scallops sold 125 to 140 dollars per dozen, with receipts by Boston dealers summarized by the fish bureau.
Market report covering flour and grain carload receipts and prices across New York and Chicago. Details include commodity by type such as mixed corn, steamer yellow corn, oats, barley, and various flour grades with bid and sale figures, receipts, and market tone. Mentions New York and St Louis data, futures-like quotes, and transportation notes.
Receipts list shows butter 41386 pres 20 boxes oleo 1111 pkgs cheese 1328 boxes eggs 1646 cases beans 345 bois potatoes 24 cars sweet potatoes pone hay 57 cars straw none. Last year same day butter 1361 pkgs 63 boxes oleo 950 pkgs.
The market shows steady demand and varied quotations for onions beets carrots lettuce radishes turnips cabbage celery cucumbers and tomatoes. Listed prices include Western onions 4 450 per barrel Valencia 8 per box Havana 3 per crate Florida cucumbers 2 50 per crate and Bermuda tomatoes 6 50 per small crate with multiple regional notes and package sizes.
The market shows steady demand and limited supplies across fruits and dried goods. Baldwins and russets priced at multiple tiers, Sicily and Valencia oranges vary with limited Sicily lemons and mandarins out of the market. Grapefruit, tangerines, cranberries, and dried apples follow steady or quiet trade with specific box and barrel quotes. Peanut and nut prices listed for Virginia markets, with firm demand for fancy evaporated and sun-dried categories.
Harris and Company auctioned Palermo oranges at 45 boxes totaling 21,543 dollars and 65 boxes at 127,322 dollars. Florida oranges sold for 2,874,243 dollars across 45 Y boxes.
Steamer Athens passed Gibraltar for Boston on March 19 carrying Valencia oranges 38400 boxes Messina oranges 2000 boxes Messina lemons 8500 boxes Palermo oranges 8200 boxes Palermo lemons The steamer Brunel cleared Gibraltar March 5 with 600 half boxes and 3000 boxes Messina oranges 1700 boxes Messina lemons 8100 half boxes and 9000 boxes Palermo oranges and 12800 boxes Palermo lemons bound for Boston Marmion is due with Jamaica bananas for Boston Bruit Colle pany The Savannah steamer due has 2200 boxes oranges and 9 refrigerators strawberries
Receipts today show tallow 203 pkgs pork 570 pkgs lard 2150 pkgs hams 18 bbls 70 tierces preserved meats 500 cases bacon 560 boxes. Last year similar period tallies include tallow 3 pkgs pork 31 bbls lard 8262 pkgs bacon 283 boxes. The general provision market remains steady.
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