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Newspaper
Cincinnati Daily Gazette
Location
Cincinnati, Ohio, United States of America
Date
Jun 18, 1875
Page
6
London firms face insolvencies amid a broad business downturn, with debates over long‑standing issues and prior panics. In New York Reuters style market notes report subdued money, firmer eastern exchange, stronger gold, and weak stock activity across major rails and utilities.
The Cincinnati Gazette details arrivals and prices across commodities. Barley, cattle, pork, butter, cheese, cotton, flour, oats, petroleum, and more show varied activity with limited gains and steady demand. Whisky sales steady at $1.15 per gallon. prices for flour, rye, and corn reflect modest shifts amid general market quiet.
Receipts for the past day totaled mixed across cattle hogs and sheep with demand showing liberal interest yet dull quality. Prices ranged from 4 5c for common cuts to 6 7c for higher grades with extra heavy butchers steady and pipe leanings firm at 3 4c.
Market report from the Tribune notes weekly butter receipts 18,024 tubs and cheese 62,367 boxes with exports to Europe and a firmer tone on Western creamery and state butter. Prices quoted include Orange County pails fancy 29 30c per lb and Western creamery at 22 24c. cheese prices around 11 12c for state factory exports and 10 12c for Western factory goods. Egg receipts 13,701 dozen with buyers demanding extreme prices for Western stock, quotations steady at mark though losses in some categories.
Financial notes from Lorpox report bullion inflow to Bank of Boston at 139000 pounds and bank reserve at 4644 percent. Paris notes show francs 64.25 in rentes and Bank of France specie up 2.024 million francs. London markets list commodities: tallow 44s 3d, cotton steady, wheat prices, pork, bacon, lard, and refined petroleum quoted with latest shifts.
CATTLE receipts 6 000 head under heavy pressure with good demand for select grades and prices 6 to 6 25 per cwt. shipments 3 000 head. Hogs receipts 2 000 head market weak and lower closing dull with prices 6 60 to 6 75. shipments 10 000 head. Lxor receipts 240 head market dull at 2 50 to 2 25 per cwt.
Pittsburg live stock market notes 357 head today bringing three day total to 3 026. CaTris through stock 13 cars and 8 for sale. market active and prices unchanged from yesterday. Haas receipts 410 head today and 7 649 head last three days. Yorkers 7 20 7 30 Philadelphia 7 60 7 75. Luxxr receipts 1 800 head today and 15 400 head last three days. selling at 4 250 60.
In New York on June 17 trade in cotton goods and prints moves slowly as commission houses and jobbing transactions stay light. Mow and Say cassimeres and worsted costings show little activity while trading terms wobble. Foreign goods remain very quiet amid cautious market sentiment.
London reports of bank failures weigh on early trading. Lake Shore drops from 64 to 61 while Pacific Mail holds at 324. After second call markets firm, yet close near day’s lows with Pacific, Western Union and Lake Shore among active stocks as US Supreme Court decision shifts tax outlook.
The state of trade shows dull to steady futures in cotton and grain. Wheat, corn, oats and barley move unevenly with mixed Westerns and state prices. flour, pork, and lard trade tepid. cattle and hog markets soft. Receipts include 38,000 bushels wheat and 77,000 corn. notable prices touch No 2 winter wheat and mixed corn at mid 60s.
A historical commodity note shows wheat prices easing with demand light, corn mixed around 74 to 77 cents shelled, oats steady, and oil and bacon markets dull. Prices across wheat, corn, oats, and related goods reflect a cautious trading day in major hubs including Cleveland New Orleans Buffalo and Milwaukee.
Market reports show mixed cotton activity with prices near middling levels. Receipts and exports coastwise vary by location, including 482 bales received and 355 bales exported coastwise in earlier segments, while other ports report dull demand and modest sales.
Cattle receipts 1 160 head with three day total 4 200 head down from 8 850 last week while stock dragged and prices weak for common and inferior beef. Hogs 4 100 head today three day total 9 950 with dull trade and steady to weaker quotes. Sheep and lambs 850 06 per head with prices for stocky and feeder types listed. Hogs close steady at 1 80 to 1 90. Overall activity mixed with demand fair and prices fluctuating for several classes.
The report records 884 hogs today with weekly total 9 863 head and notes a quiet market. Fresh arrivals were substantial while unsold stock shipped. Odd consignments and activity in Ohio Indiana markets are mentioned with prices around 52 percent and hogs at 725 dollars.
Market reports show a tolerably active week with prices a shade lower. Best cattle brought about 637 760, good quality 537, fair 524, ordinary thin cattle around 4, oxen and cows near 6. Receipts listed 1,442 head with 1,162 sold. Hogs in moderate demand with prices up to 97 37% and about 1,500 head received. Sheep and lambs noted at 4,714 head.
The National Board of Trade held sessions in Philadelphia with remarks on post office rate restoration and specie payments. Delegates debated finance, currency, and the path to resumption of specie payments, amid expressions of national devotion and public policy concerns.
Fragmentary lines describe a scene in an open space with no trees and a figure lying stretched with a calm night surrounding. The text reads like a poetic fragment focusing on posture and stillness.
A colonial description notes water-filled saucers turned to ice by morning frost in a dry, ditch-ditch setting. Ice forms into sizable masses in underground ice-houses while straw diverts ground heat, producing cool, refreshing treats in a hot climate.
A vivid description of Col Toner’s banana plantation near Silver Lake detailing plant varieties, growth, and harvesting. It notes over 10 000 plants in bearing on several acres, with growth from slips, year round ripening, and a potential $900 annual income per acre after initial costs.
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