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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 10, 1890
Page
7
A market brief notes mixed closes across securities including Navy and Mutual funds, mining shares like Quicksilver, and Ontario listings. Quoted prices include Quicksilver at 26.90, Sutter Creek around 15, and Ontario at 42.00 with several 5s and 6s bonds referenced amid routine fluctuations.
Sugar and molasses steady while coffee softens and potatoes strengthen. Wheat prices sag as stocks and financial fears press markets. corn holds despite light receipts, oats firm, and exports up from last week. Butter, cheese, eggs and pork products largely firm with steady demand. beef and other meats show mixed but quiet movement.
The market shows weak demand for raw sugar with minimal port sales while refiners supply through large imports totaling 2840 tons at this port and 14 156 tons across four ports. Prices ease with refined sugar around 5%6c, bulk granulated near 6.50c, and stock levels lower than last year. Also covered are coffee shifts from New York to Rio and Santos, with prices easing and turnout fluctuating, plus tea, spice, and rice trade notes with varied regional quotes.
Chicago market weak on grain, hogs heavy. pork and pork products steady with ample supply. Quoted prices cover long cuts to back pork, tongues, and lard, plus various beef cuts and fresh meats. Demand varies by item. prime cattle firmer amid tight supply while common grades move slowly.
Cincinnati hog market remains active with prices largely 3 4174 2, receipts 5432. St Louis hogs softer with workers quoted 3 65 3 75, mixed packers 3 50 4 39, butchers up to 4 0. Peoria hogs easy at 3 60 3 70. Chicago cattle receipts 4000 with 2000 shipments, steers 26 5 20. Hog receipts 20000, shipments 2000, strong, heavy up, light down, prices 3 85 3 50, 3 80 3 95, prime heavy 3 95 4 10, light 3 75 3 80, pigs 1 75 3 70. Sheep receipts 2500, shipments 500, stockers 3 25 4 00, natives 4 49 0, fed Westerns 4 4 25, lambs 4 65 5 00.
Daily receipts list butter 345 pkgs and 10388 bbls of hay and straw, with potatoes 32 cars and sweet potatoes 10388 bbls. Butter prices firm with Western creamery at 26 27c, June creamery at 70 22c. cheese and eggs show steady to firm quotes. beans, poultry, and grass seeds at steady levels. The New York market remains firm. overall supplies large but prices hold across multiple items. regional variations noted for Jersey sweets and Hebrons.
Trade shows subdued demand with steady prices for onions blue and white, carrots and beets. Listings include Ohio onions at 250 per barrel, native Hubbard at 20 25 ton, cucumbers 15 cents each, egg plant 1 60 per dozen, and Illinois string beans at 1 dollar per crate amid overall muted activity.
Florida fruit arrivals are uneven with oranges not in great condition and low activity. lemons quiet and steady at 2.34 per box for oranges and 4.27 per box for lemons. Mediterranean fruit shows firm prices on Sorrento and Palermo lemons with various counts and box prices. Jamaica oranges slow at 3 to 4 per barrel with some higher for fancier lots. Apple receipts and steady demand with several varieties priced by barrel and box across regions.
The note lists prices and terms for pears apples dried fruit nuts and grapes. Pears Beurre bosc and other varieties range 2 50 to 5 6 per bush with steady demand while common pears fetch 3 4 per barrel. Dried apples show steady demand with evaporated grades quoted 11 to 16 cents per pound. Nuts and cranberries exhibit quiet markets with varying bulk prices and crates. Grapes and bananas feature steady to fair demand with multiple New York and Vergennes varieties priced by basket or box and Jamaica bananas sold by steamer at 125 per lot.
The Bowden will arrive midweek carrying Jamaica bananas for the Boston Fruit Company marking a routine import into the port. The shipment supports fruit imports from the Caribbean and adds to steady trade with Boston Fruit Company operations.
In Havana during the past week the sugar market was quiet as the new crop nears sale. Holders of old stock grow less hopeful for demand and price gains. Stock was scarce. Muscovado refined 85 to 90 and 2 68 4 2 8114. centrifugal 92 to 96 polarization. Warehouse stocks at Hacank and Matanzas listed. exports 62 boxes, 77 bags, 23 hhds with all shipments to the United States. Freights nominal.
Spot New York cotton remains quiet with middling uplands at 95 sec, and futures show firm opening and closing. Liverpool spot eases with middling uplands around 60 16d, sales totaling 6,000 bales and American shipments dominating receipts of 1,000 bales. Other markets show varied steadiness and notable consolidated receipts and transfers to Britain and Europe.
The London wool trade over the past week focused on small parcels at previous rates. A sale of 2750 Australian sheepskins is planned for November 20. Total wool arrivals reach 70,640 bales with weekly imports from diverse regions including New South Wales 456 bales and Central Asia 21,380 bales.
In Chicago, St Louis and Cincinnati the whiskey markets remain unchanged at 31 14. Peoria shows whiskey at 1 15 with spirits at 1 17, reflecting steadier pricing across major markets.
Turpentine closed at 4142 42c with resin at 145 150 and tar at 250 while petroleum closed at 7.20c with ASW at 7.60c and cases at 9.85c.
From Liverpool Nov 8 wheat prices steady with demand dropping. Winter wheat 7s 5d, spring 7s 8d, California 7s 8d, club 7s 3d 7s bed. Mixed American corn cheaper at 43d. Peas 6d. Pork 78s 6d, bacon 31s 6d, lard 86s 6d, tallow 25s 9d, cheese 40s. Corn cargoes sold and waiting. market activity limited but steady. weather fair in England.
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