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Newspaper
Marshall Statesman
Location
Marshall, Michigan, United States of America
Date
Feb 07, 1872
Page
2
The article notes a county convention planned for February sixteenth amid financial irregularities of J. W. Ulin late clerk of the State Siieon amounting to $15. It also reports on regional railroad plans, water power offers, church matters, school statistics, and political notes, including Detroit steamline and Grand Trunk railway extensions and public health concerns.
Dry goods active only for immediate use. White prices firm. cotton up 43 cents since August. wool rising. Buyers hesitant, traders cautious. Bread and flour steady. wheat at 1.75 white western and 1.62 red. store stock 3,164,000 bushels. Corn steady. 374 bid. oats firmer. stores 2,407,000 bushels. Provisions dull and lower. bacon pork 14.12 to 14.20. lard 9 4,3. butter 19 23. Eggs 3s. Dressed hogs 6.00 6.28. Gold excited on England news to 110. Broads quiet but steady. Money tight.
Detroit on February 6 reports smooth money market with good fund calls and abundant accommodation at 10 percent. Prime borrowers, including banks, get gilt-edged rates near 1 percent and business rates around 10. Wheat futures edge up, corn and oats active but lower, butter, hogs, and cattle prices listed, with varied demand and prices across commodities and livestock.
Corrected weekly rates from Wm. H. Raymond Produce and Commission Merchant and George ngornoll list prices for flour, grain, eggs, lard, oats, onions, peaches, potatoes, butter, cheese, chickens, wheat, tinder, and timber. Prices show per bushel, per dozen, per pound, and per ton with varied quality indicators and range notes.
A letter to the Statesman from Spencer Homeston voices concern over the paper’s stance on Grant’s re nomination. It argues the party’s wishes are unclear, defends Grant’s integrity, and criticizes rival editorials. The reply from the Statesman acknowledges subscriber dissent yet stands by its position as county Republican judgment.
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