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Business Prospects and Grain Trade Outlook 1874
From the New York Times report the mercantile community has learned lessons from 1878 panic with cautious credit and healthier trade. Grain crops are abundant. wheat and barley rise in output while corn prices remain high. Cotton prospects look steady yet uncertain. beef pork markets face pressure from high corn, with hog breeding down. Paint, drugs, groceries, and tobacco show varied but generally hopeful post panic trade, while currency stability and rail costs loom as key factors for fall and winter activity.
MENTIONED IN THIS ARTICLE
New York Times
New York City
New York State
United States
California
Chicago
Liverpool
Produce Exchange
Great Britain
Germany
Mississippi Valley
Agricultural Bureau of Statistics
Texas
Louisiana
Mississippi
Tennessee
Arkansas
Georgia
Carolinas
Virginia
Europe
Gen. Molineux
O. J. Reynolds & Co
New York
D. O. Robbins
McKesson & Robbins
Brazil
Connecticut
Alsace
Havana