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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 25, 1886
Page
6
Boston money market shows ongoing ease with borrowing rates easing at clearing houses and general rates holding steadier. New York funds and various securities shift as traders weigh government bills, foreign exchange, and regional stock activity ahead of Thanksgiving market closures.
A listing shows Gily Ales scheduled at the Brokers Board from 10 to 10:30 A M on November 24. The brief notice confirms the timing and location for the event.
On November 24 in New York money on call stood at 5 with active trading in government and railroad bonds. The stock list opened steady then fell with Jersey Central and Consolidated leading declines. Reading and New England showed vitality while most others lagged. A late rally narrowed losses as overall turnover reached 420,649 shares with notable gains and losses across multiple railways and utilities.
The Brush Micetrtelluminating Company of New York declares a regular quarterly dividend of 2 percent. The Lehigh Navigation Company also declares a 2 percent dividend.
London financial news notes Consols at 1021 16 for money and account. United States 4s at 131 9/16, do 4 1/2s at 118. Canada Pacific at 71 4/3, Erie at 88 1/2, do seconds 10 3/|, with overall quotes reflecting mixed bond activity.
No new developments emerge as the accountant works on the books and delays a formal report. Reed remains in poor condition in jail with impaired memory. his treasurer bond stands at 830 000. Bond men Benjamin Dean John D Sargent and J K Blake are his bondsmen.
The funeral for Benjamin Yarbox was held at 1 pm yesterday at his Washington Street residence Malden. Rev S W Poljambe officiated with selections sung by Mrs Carlisle and Mrs Cobb. A Boston Veteran Firemen's Association delegation attended and floral tributes included a sickle and pillow. Burial followed at Lakeside cemetery Wakefield.
Morning switch on the Boston Albany line at Allston failed to hold three passenger cars, which crashed into the rear of the train due in Boston at 10 20. Passengers were shaken and Edwin Harwood of Hotel Hunnewell received a cut on the hand. The rear car lost its craw bar and windows were broken, delaying attaching new cars which were left at the station.
Middlesex County Probate Court judge Brooks is suddenly ill at his Concord home and confined to bed. Appointed fifteen years ago, he had never missed a session until now, often filling in for absent colleagues.
An 19th century style advertisement lists Hale's Honey cough cure at 25 50c and 1 dollars, Glean's Sulphur Soap 25c, Gee Man Corn Remover 25c, Hill's Hair and Whisker Dye 60c, Pike's Toothache Drops 25c, and Deans Rheumatic Pills 50c as quick cures.
Leather and hides are quiet, flour firm, corn and oats firm, and millfeeds unchanged. Butter cheese and eggs steady, beans and hay stable, straw quiet, potatoes unchanged, sweet potatoes steady. Poultry demoralized, seeds quiet, fruits unchanged, tallow near last quotes, provisions and sugar steady, molasses quiet, cotton quiet.
Market activity shows light home demand and moderate stock. rough leather quiet while medium grades and damaged lots attract the most interest. Buff and grain leather stay strong with steady prices. finished leather mostly dull and unchanged.
Mackerel supply light and prices firm while hake shows good supply and slow sales. Codfish supplies fair and market quiet. herring in good demand with firm prices and no change in boxed stock. Canned goods quiet. receipts and prices listed for PRY AND PICKLED FISH and assorted fishes. numerous price points across barrels, boxes, and brands.
The market shows a steady to firmer tone in grains with traders expecting more activity after Thanksgiving. Prices for corn firm amid shipping delays from the West, while oats and mixed oats hold steady. Millfeed remains unchanged. Trading on call today included 2700 bush No 2 white oats and mixed December bids and asks. Liverpool and Chicago quotations provide wide ranges across wheat corn oats and peas, with options markets showing puts and calls activity.
A survey of commodity quotes shows Rye flour at 5500375, Oat meal at 520 545 for fine, and various corn and steamer mixes. Bran priced at 15 50 per ton bulk, middlings at 16.20 per ton, cottonseed meal at 24 50 per ton, and rye goods around 60 to 65 cents per bushel for No 1 No 2. Barley prices include No 1 six row Canada at 85 cents, and malt and hops quotes with state and eastern references, reflecting a broad range of grain and feed values.
Butter is steady in Chicago and New York with light demand and unchanged quotes. eggs scarce in New York, strong in Chicago with Western extras 22¢ and ice-housed lots available. Beans, hay, rye straw, and potatoes show minimal movement, while rainy weather has dampened poultry sales and retail prices.
Fruit and nut prices show mixed demand with steady apples and pears while cranberries demand is selective. Grapes move slowly at old prices. nuts vary from quiet peanuts to scarce chestnuts and fair hickory demand. Dried apples and other dried fruit show moderate to good quotes. citrus and bananas trade with typical jobbing levels and regional notes.
Provisions of all kinds remain about the same as last quoted with beef pork and lamb prices listed. Fresh meats include choice steers with varying cuts and weights, along with hams, ribs, tongues, and sausages, reflecting regional pricing and grade distinctions.
Futures in Liverpool opened dull and closed steady with November at 5 64d, December 5 1 64d, and related values for January through July. The spot market started quiet and easier, ending at 6 10 0s 5d for mid uplands.
The report shows receipts at 48,000 bales with 88 460 American and 3,000 bales at 400 American. New York spot markets closed easy across uplands and middles with various bid and asked quotes. Futures opened steady. sugar prices remained steady for raw and refined, with refineds strong and wholesale grocers’ rice and molasses quotes noted.
The Boston Post dispatch details weekly cattle and livestock prices at Brighton and Watertown, with regional totals, market classes, and drover activity. It notes price declines for country cattle, steady sheep trade, and stable hog values, plus regional arrivals and stamp receipts from multiple states and Canada.
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