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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Oct 17, 1889
Page
7
New York stock sales report 162000 shares traded. Goering highest and lowest prices and closing figures listed alongside yesterday's close. Chicago curb wheat futures dip and recover with mixed grain, hogs, and pork futures showing firming activity. Export clearances light amid rains across winter wheat belt.
New York financial report notes money on call tight with rates from 6 to 12, last loan at 10, closing at 10 bid. Prime mercantile paper quoted at 542 7. Barsilver at 935 percent. Sterling exchange quiet and weak with actual business at 4.82 for sixty day bills and 4.86 for other clearances.
Leather is steady and hides lower while India rubber remains strong. Flour and cereals show mixed firmness with corn oats rye and oatmeal steady or quiet. Butter cheese and meats stay dull to firm with pork lard and fresh beef firm. apples lemons and pears stable or plentiful. oranges scarce. Truck and potatoes in good demand.
The report lists flour quotations from fine to patent and export grades with prices from 2.25 to 5.50 per barrel or sack, reflecting a quiet steady market. It notes carload counts for corn, oats, rye and barley, and provides New York Chicago St Louis receipts and price ranges for corn, oats, rye, and mill goods with demand described as moderate.
Government and railroad bonds remained dull and steady while the stock market stayed stagnant after noon. Atchison rose to 31% but faded. Cotton Oil dipped below 40 then recovered. Chesapeake & Ohio led slight gains. Sugar jumped 3% as overall activity stayed narrow and final quotes showed little change from last night.
The Guardian reports slight yield in yarns with India and China buying more regularly while export yarn demand to India is trimmed by the merchandise act. China and Japan show some activity as Continent sales stay modest. Liverpool and Paris grain prices hold, with mixed corn and wheat futures firm and modest breadstuff demand.
Short note promotes Horsford’s Acid Phosphate as a remedy for indigestion and dyspepsia and related digestive ailments.
Fall River reports the print cloth market remains quiet and unchanged at 3 4 c for 64x64s with no notable shifts or transactions observed.
The Para market shows strong demand with continued price gains. Prices quoted for Para are 69c for new fine, 71 72c for old fine, 46c for new coarse, and 60c for old coarse as markets stay firm in sympathy with overall rubber trade.
In New Bedford on October 16 the market saw the largest sperm oil sales in months with 2000 bbls traded. Of this total 1000 bbls were destined for export and 1000 for manufacture at 63 cents per gallon. Additionally 8000 lbs Arctic whale pone from this year's catch were sold for export at 325 dollars.
A careful market survey shows weak conditions for common to fair grade horses with prices very low once freight costs are added. Fresh arrivals reported at 745 to 110 from the West. good trotters and drivers remain in fair demand with high bred stock bringing solid prices. Several firms including Isburgh & Co and Moses Colman & Son report sales volumes near average, while other houses note slow movement and crowding, with common horses selling around 75 to 125 and some high bred Kentucky trotters selling up to 550 in a mixed market.
Receipts today include butter 2324 tubs and 294 boxes, oleo 1444 pkgs, cheese 169 boxes, eggs 57 barrels, 2865 cases, beans 524 barrels, potatoes 45 cars, sweet potatoes 2623 barrels, hay 45 cars, straw 6 cars. Prices show Western butter at 25 26c, June creameries 18 20c, and various creamery grades from 12c to 25c. Regional notes cover St Albans, Chicago, New York, and Liverpool markets with steady to quiet demand and mixed stock quality.
The market shows steady firm pricing across fruits and vegetables. Apples such as Baldwins and Kings have specific wholesale ranges, Oranges Lemons Jamaica stock is fair with box and crate prices, Malaga and Florida lemons vary by count and box, and pears cranberries quinces and grapes are noted with supply levels and unit prices.
Tokay grapes sold at 325 dollars per 4 065 for whole boxes and 3130 23 for half boxes Muscats at 275 dollars Ox
The market is firm with good demand. Sound Boston Baldwins fetch 18 15s, Slades 11s 12d 6f. Maine Baldwins sell at 13s, greenings at 11 15s and Kings at ?
The Marmion is due with Jamaica bananas for the Boston Fruit Company. A Norfolk boat arriving Friday carries 230 barrels of sweet potatoes and 80 bags of peanuts.
Receipts today list tallow 32 pkgs beef none pork 55 bbls lard 1295 pkgs hams 63 bbls 4 tierces preserved meats 595 cases bacon 352 boxes. Last year same day shows various pork lard and bacon quantities. Pork and Pork Products market notes demand steady prices with mixed cuts quoted in dollars per hundredweight. New York firm pork at 12 25 12 50 for mess, lard stronger, Chicago markets mixed. Chicago meat prices for beef, veal, lamb, and mutton cited with regional variations and tonnage figures.
Kansas City cattle market active with steers 3.74 to 4.26, cows 1.25 to 2.10, stockers 2.10 to 8.00, range cattle 1.90 to 3.00. hogs 12,986, market weak heavy 3.90 to 4.15, med and light 4.10 to 4.30, Yorkers 4.15 to 4.30. sheep 3.25 to 3.90. Cincinnati hogs quiet at 3.25 to 4.40 with 5,089 receipts. Chicago cattle receipts 15,000, shipments 4,000, steers 2.90 to 4.50, cows and bulls 1.30 to 3.00, Texas cattle 1.40 to 2.85, western rangers 1.75 to 3.80. Hogs receipts 22,500, shipments 9,000, opening steady then lower. mixed 4.40 to 4.40, heavy 3.90 to 4.35, light 4.40 to 4.60, ships 3.40 to 4.10. Sheep receipts 10,000, shipments 4,000, natives 2.00 to 3.00, western 3.50 to 4.15, Texans 3.40 to 4.20, lambs 4.50 to 5.50.
New York cotton remains steady with 254 bales sold both uplands and middling grades. Futures trade quiet and closed dull while Liverpool shows quiet demand with 110,000 bales sold and steady opening and closing ranges across contracts. Additional city and port reports list receipts exports and stocks for Augusta Galveston New Orleans Mobile Memphis Savannah and others with mixed but mostly steady mid prices.
Sugar receipts today are zero, same as last year. Raw sugars hold steady with Cuba refined at 542 55cc and various world prices listed. Granulated refined sugars range from 7s 7c to 7s 2c, 75c for granulated wholesale, with New York reporting no change and a steady market overall.
Western markets stay steady while coffee futures show firmness between New York and Rio. Turpentine closes at 47 1 2 cents a pound with rosin at 105 to 110 dollars and tar at 275 dollars. petroleum products quoted at 7 1 2 to 7 cents with RSW around 7 cents and cases at C.
Readable snippet lists Williams Storage imports on October 16 1889 with entries for Maitland Nova Scotia Boston Produce Co potatoes J E Hill New London Prince Edward Island Peh Lady Franklin bush potatoes J A Ritchie Rustico P.E.I. Acadian bush potatoes Geo C Rockwell & Co.
Trade items listed from Liverpool NS Pubnico Argyle Yarmouth NS Osario AR Halifax NS Charlottetown PEI Liverpool Eng and Michigan steamer. Commodities include flour cornmeal beef pork lard onions oil tobacco wool iron and hardware crates boxes and various goods with quantities such as bbls 255 and tons of lumber and coal.
Reported for the Boston Post by George J. Fox for the week ending Oct 16 1889. Way stock totals show cattle sheep and swine with arrivals at Watertown yards by cattle and sheep. prices list first quality and other grades. Cattle and yearlings prices noted. market activity described with multiple quality ranges.
Veal calves lead October with 1404 head, about 700 from Vermont, market unsettled by overstock. Prices mostly 5 to 6 cents per pound. Fat hogs and small pigs see Western live rule a shade higher, best 4.30 per cwt. Ducks and geese among poultry at 10 cents. At Watertown yards, 88 cars of mixed stock unloaded between 6 and 8 am. One Vermont loader injured but survived. Cattle sales detail multiple steers and oxen with varied prices and dress weights observed. Continues at Brighton yards with Western cattle trade similar to last week.
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