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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 05, 1887
Page
7
ASA P. POTTER president and J W. WORK cashier report today’s transactions aggregating 184 252 shares. The shares sold, with opening highest lowest and closing prices, are listed as part of the data for the day.
The Boston money market remains quiet with rates firm. Clearings rise $8 million yesterday and $6.5 million today versus last year. Loans on call sit at 5 percent with good paper at 4 1/2 to 6 percent. Government securities steady 108 110 and 4s at 100. Union Pacific and several rail stocks show mixed moves as earnings figures surface. Boston stock activity totals show bonds about $192,900 and 3,002 shares traded. Dividends noted include American Linen Mill at $15 per share.
Money on call ease 8 to 6 percent, last loan 3, closing 3. Prime mercantile paper 5 514. Bar silver weak at 94540947. Sterling dull. Government bonds dull. Railroad bonds quiet to firm. Stock market open quiet, then renewed fractional gains. Reading and New England active. Fort Worth & Denver led later. Afternoon shows some strength. Mackinack & Marquette land grants sold 374,000. Green Bay incomes 157,000. Atlantic & Pacific incomes 185,000. Notable gains in Chicago & East Illinois, Mobile & Ohio, Chattanooga, and New York Central. Declines include Chesapeake & Ohio currency 6s and South Carolina firsts.
London reports mixed results in foreign markets with Bond yields and stock figures quoted for U S and Mexican securities. Dr Se Wiirman claims Digestylin aids severe dyspepsia and is sold by W F Kidder & Co at 83 John Street New York for one dollar per bottle.
The wool trade remains slow with prices steady across many grades and buyers scarce. High rates for new clips in some regions contrast with expectations of lower country prices as urgent needs are met and manufacturers seek small lots to fulfill only essential purchases.
The May 4 market notes show firmer flour values with winter grades up 10 to 20 cents while spring patents stay steady. Corn unchanged, steamer yellow futures firm, oats bid around 38% to 39 cents on May and June calls, and a large May and June oat volume. Butter, eggs, and cheese steady to easier across New York, Chicago, and St Louis markets with receipts light for butter and large for eggs.
A dated price list shows seeds including timothy bush and clover with per bushel and per pound rates, hay ranges from $12 to $18 for various qualities, rye and oat straw quoted, potatoes across regions with prices from 75c to $1, and tallow values for city rendered and country varieties. Prices reflect jobbing adjustments and regional differences in the early market notes.
Fruit remains about the same as last reported with strawberries at 40 cents per quart. Apples Baldwin No 1 Massachusetts 35 400, Maine 4.50, spies 4.05, russets 350 4 25, No 2 apples 2.50 3.00. Dried apples Evaporated extra Pub 14 15c evaporated choice 12 13c evaporated fair to good 9 10c sun dried sliced and quartered new 7c. Valencia oranges 7 per case, lemons Messina Palermo box 3 4 5. Oranges Messina per box 2.50 4.00, Palermo per box 2.50 4.20. Florida oranges Bright 176 200 3.50 6.00 ordinary bright 2 3 fancy russet 176 200 3 4, choice russet 2 3, ordinary 1.50. Bananas Baracoa 1.25, Aspinwall 1.75 2.00, Jamaica 1 1 3 4 2. There is fair truck demand. summer squares light, selling at 1 dollar per crate. Dandelions steady 60 cents per bushel, spinach good at 75 cents per bushel. Norfolk spinach on market. Native onions plentiful, market dull. String beans fair at 2 dollars per crate, wax beans 4 dollars per crate. Pork quiet with prices steady. Beef and veal ample. spring lambs dull. mutton quiet. Closing price list and market figures follow.
Liverpool cotton futures opened quiet and closed firm with varied May to November/December quotations. Spot middling values in Liverpool and Orleans, 10,000 bales sold, 8,000 bales receipts. New York spot closed firm with different grades. Futures quotes for May through February show modest shifts. market for pipes, sugar, and molasses noted steady or activity details.
Report from the Boston Post by George J. Fox shows weekly livestock totals for cattle sheep and lambs hogs with regional arrivals at Watertown and Brighton yards and cars over major roads. It lists state origins Maine New Hampshire Vermont Massachusetts New York Western Canada totals and price notes for market beef including ranges for choice and extra grades.
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