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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 11, 1890
Page
7
Closing prices for several mining stocks on November 10 include Andes at 2.00 with a 22.30 decline, Ontario at 40.00, Col. Coal at 38.00, Quicksilver at 6.44, Hocking Coal at 38.00, Homestake at 1.16, Sutter Creek at 1.16, and Mutual 5 and M Co at 1.40.
Electric stocks list shows prices and yields for Fastern Electric Cable, Gethins Electrical Mfg, Union Electric Car, Thomson-Houston, and Thomson European Electric Welding. Figures noted include 50 percent and small fractional values, with company names and numbers appearing as a market ticker from 64 Devonshire Street.
Money on call tight with rates around 6 to 96. Stock market slid on fears from London, led by Gould stocks and Manhattan, then rallied briefly before a late Sugar drop. By close, bonds showed weakness, Texas Pacific Reading and Kansas & Texas issues soft, St Paul weak, total sales about 1.514 million dollars.
New York stock sales on November 10 show aggregated 639 400 shares traded across railroads. The report lists shares sold along with opening high low and closing prices for the day and notes the closing figures from the previous Saturday.
Foreign financial reports note consols down 5/16 and 5% discount for bills. Atlantic and Great Western firsts fall, Canadian Pacific and Erie shares slip, St Paul, New York Central, and Pennsylvania decline varying fractions. Paris rates show 38 percent yields at 94 francs 50 centimes. Berlin reports Imperial Bank specie up 11.58 million marks.
The Universalist Club met at the American House with over 150 attendees including Hon. Eugene Endicott as chair. Rev. James M. Pullman spoke on Moral Capital, joined by Prof. Frank A. Hill. New members announced and other club meetings held at Young's and the United States Hotel. Large lists of arriving guests across multiple hotels were noted.
Dry goods quiet and many agricultural items steady or firm with mixed quotes for wools. Wool prices show strength in certain grades while carpet wools stay steady. pulled and Australian wools remain in fair demand. Coates Bros note a firmer outlook though sales volume softening, urging buyers as mills increase purchases and value remains steady.
Speculation in cotton for future delivery ran high last week with bursts of strength yet the overall market remained weak and declining. Spot demand stayed moderate and prices closed firmer only slightly, with middlings at 9 15-16 cents. Liverpool markets eased as South reports note good weather, progress in picking and marketing, but killing frost in several districts. Cotton port receipts for the week ending Friday totaled 300,366 bales, up from the prior weeks, lifting total receipts since Sept 1, 1890 to 2,401,833 bales, an increase of 176,622 bales from the previous year.
The wool trade shows steady demand as manufacturers buy to needs, while market tone stays quiet and sales volume remains lower. Prices are not changing much and are expected to hold. Western markets are firmer with higher quotes. Ohio tine delaine around 36 37 cents, Michigan tine delaine 35 36 cents, Ohio No 1 combing 41 42 cents, Michigan No 1 combing 40 cents.
The breadstuffs page notes a firmer wheat market with unsettled sentiment and heavy Wall Street panic. Chicago May corn rises on short covering while a large visible supply and tight money pressure push prices down at times. oats hold steady as traders await the government report and Washington yield signals.
Cincinnati hog market steady and easy with prices 3 4 10. Receipts 5707 hogs. Peoria hogs steady at 3 9 0 with 300 receipts and 600 shipments. St Louis hogs steady for workers 3 65 to 3 76, mixed packers firmer 8 60 to 9 60, butchers extra steady 3 90 to 4 0 0. Chicago cattle receipts 19 000, shipments 4090 unsettled, prime steers 4 95 to 5 26, other cattle 3 4 85, Texans 2 15 6 to 2 0, rangers 2 80 to 4 3 0. Hog receipts 40 000, shipments 6500 steady to lower, rough and common 3 30 to 3 55, fair to good heavy 3 80 to 3 95, prime heavy and butchers weights 3 95 to 4 10, light 3 50 to 3 80, pigs 2 60 to 3 60. Sheep receipts incomplete.
Kansas City special cattle report shows shipments at about steady. shipping steers 3 10 to 4 55, native cows 1 85 to 2 60, mixed butchers stock 1 50 to 2 15, stockers and feeders 2 06 to 3 00, range cattle 2 10 to 2 75. Hogs firm for best, others slow. heavies 3 5 to 3 90, mixed 3 40 to 3 80, packers 3 65 to 5 85, Yorkers 3 86 to 3 90. Pigs 2 75 to 3 40. Sheep steady at 2 75 to 4 75.
The market remains healthy with steady to firm prices across items. Butter, cheese, beans, eggs, and poultry show stable demand, while potatoes and hay receive solid sales. New Brunswick and Prince Edward Island stock are well received, and quotations reflect firm wholesale levels.
The market shows good supply with various potato types including Aroostook Rose Hebrons and Jersey, with prices ranging from 78 to 85 cents per unit. Quoted entries include Eastern shores at 187 a ton, Norfolks 150 to 175, Jersey double heads 250 to 275, and Jersey bulk 225.
Market reports plentiful truck goods with onions priced at 3 350 per barrel, Malta onions 2 50 per basket, Ohio onions 2 50 per barrel, pickles and greens listed. Prices cover beets 50 per bush, lettuce 25 c each, carrots 50 c per bush, cabbage 44 5 per 100, cucumbers 15 c each, spinach 15 c per bush, beans and celery noted, kale and squash prices noted, Illinois string beans weak at 1 per crate.
Florida fruit receipts rise for oranges though in poor order with scarce choice lots. Lemons quiet, moderates. oranges at 263 per box, lemons 427. Mediterranean supply steady. Sorrento lemons fancy 850 1000, common 648. Jamaica demand quiet at 34 per barrel. apples receipts 2031 today, 6354 last year. varieties listed with prices. Beurre Rose pears at 2 59 5 00 per bush. dried apples and nuts price ranges noted. Grapes, cranberries, and other fruit quotations included with New York Concords and related basket prices.
The steam er Bowden is due Wednesday with Jamaica bananas for the Boston Fruit Company. The steamer Pontiac is loading at Mediterranean ports with fruit and is expected here about November 27.
The Liverpool apple market shows steady demand at old prices though activity is low with no Maine fruit sold. Reports indicate Maine apples at 19s and Boston at 15s 15s 6d. Exports for the week ending Nov 8 show totals by port and destination, with season and prior totals listed, including Liverpool Boston Glasgow and New York figures totaling 26,575 bbis for the week and 141,615 bbis for the season.
Harris & Co auctioned Jamaica oranges at 1.50 to 4.00 per box and pomegranate and grape lots with crate and half-crate prices. Snow & Co offered Almeria and Messina lemons and Malaga lemons, with prices listed per barrel and per box across multiple lots.
Spot cotton in New York remains easy with prices for Middling uplands at 9 9 16 cents and sales totaling 901 bales. Liverpool market reports easier tones with steady to easy futures and American imports driving receipts of 22,000 bales. Consolidated three day receipts total 102,421 with exports to Britain, France, and the Continent.
The print cloth market was quiet in Fall River on November 10. Seven thousand pieces of odds were said to be on offer, but outside of that there was no notable activity. There was no demand for 64s at 35 16 cents.
Sugar and molasses prices remain quiet with multiple grade quotes for cut loaf crushed and powdered forms. Raw sugars steady with refined centrfugals Manila loos and market notes show wholesale grocers' prices for large and fine granulated barrels listed for Tuesday Nov 11.
Small bbis granulated and 6.63c for small bbis fine granulated. The New York market is unchanged in tone and prices: granulated 644c. London beet sigar market is firm November 12 6%4d December 12 8%4d. Molasses demand is quiet at old prices. Wegquote Porto Rico fair to choice 32 35c choice to fancy 85 40c fancy 42c Barbados 82 34c Cienfuezos 27 30c New Orleans fancy 50 938c medium 42 48c centrifugals 20230c.
High wines report steady whiskey trading in Chicago and St Louis markets at 1.00, Peoria whiskey steady at 1.15 with spirits at 1.17. The market shows firm tones across major whiskey hubs with price stability noted.
Turpentine closed at 41 2, with resin at 150 156 and tar at 250. Petroleum closed at 7.20c, with RSW at 7.50c and cases at 9.75c.
A long shipping ledger from Hull records diverse cargoes on multiple vessels and destinations. Items include machinery parts, textiles, glass, leather, paper, mackerel, soap, wood pulp, and hides, with destinations ranging from Yarmouth NS to Aguadilla Puerto Rico and beyond. Several firms such as Cowdrey & Co, Brown Bros & Co, Perkins & Co, and Barclay Co appear as consignors or brokers, reflecting broad 19th century trade networks and the distribution of imports through regional ports.
Export entries from Nov 10 1890 list ships Georan Digby and Schumma LL Gregory clearing Nov 4 and Nov 8 respectively with cargoes including thousands of sacks flour bones cheese canned beef lard beef tallow pork and bacon, vast quantities of cotton, staves, cattle, oils, furniture dry goods and hardware, plus crates and packages of general merchandise. Also Yamuri bound for Port Moran with loose boxes nails lumber copper nails and other supplies. overall view of maritime export activity and commodity totals across multiple ports.
The Associated Charities will hold its annual meeting on Thursday November 15 at 3 30 p m in Huntington Hall at the Institute of Technology Mrs Charles R Issell Lowell of New York will speak Reports will be presented All interested are cordially invited.
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