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Newspaper
Norfolk Virginian
Location
Norfolk, Virginia, United States of America
Date
Jul 03, 1897
Page
7
A quiet Midsummer session saw no standout movements as traders held to a cautious tone. St Paul led activity with firmness, surpassing Burlington on strength of transfers while Sugar and key industrials moved minimally. overall volumes were modest and sentiment cautious amid looming holidays and ample money in circulation.
New York market round up shows prices for wheat rye flour corn meat and barley mixed with steady to dull trends. Spot wheat and corn fluctuate with export demand influences while pork and butter show limited activity and Western creamery butter lists are noted with price ranges.
Imitation creamery items listed with varying percentages. State dairy quotes 10, 140. Chease-Steady large small 644 740. skims and full skims priced. Dogs-Steady mentions State and Pennsylvania, oat Western fresh 10 10%4c. Potatoes Quiet Southern new 2.00. Cabbage Long Island 80c per barrel. Spot Coffee Rio steady. Sugar steady for raw and refined.
Chicago markets closed before holidays with wheat and corn values fluctuating. Wheat finished 4% lower while corn rose about 4 cents, oats fell, and provisions dropped over a nickel. Cash prices for flour, grains, and meats showed varied declines amid thin trading.
Wheat prices steady with bids for August and September around 68 cents. Corn and oats hold firm with steamer mixed at 27 to 28 cents and No 2 white oats around 25 to 20 cents, while rye ranges from 38 to 29 cents for nearby and Western.
Wilmington reports dull spirits turpentine at 2a GAC with 167 casks received and rosin steady at 1.25 to 1.30 per barrel with 1,002 barrels received. Crude turpentine steady at 1.30 to 1.90 with 46 barrels received. Tar firm at 1.10 with 20 barrels received. Charleston notes turpentine quiet at 24 64 cents bid with 2845 sales and Savannah shows turpentine offered at 24 cents with 2845 sales and 1,185 receipts. rosin firm with 3,141 receipts.
The New York cotton market opened steady with an advance of 2.4 points, then sharply declined to finish barely steady. Sales reached 106,700 bales with futures showing mixed moves across months. receipts at all ports totaled 6,694,186 bales since September 1. The week saw strong activity from Northern spinners and Southern mills, while the Cotton Exchange announced a closure for tomorrow and Monday.
Liverpool reports two days of firm to barely steady futures with 12 000 bales sold including 11 000 American, receipts 1 000 bales all American, July 4 values up to 47 64d for mid fair, August and September bids around 47 64d, with various months quoted. New Orleans futures show similar steady tone and open interest with July near 1.60 to 1 65 and other months listed through March.
Norfolk markets show strong provisions with pork prices near 8 1 4 dollars per barrel and various hams and lards quoted. Butter, cheese, coffee, syrups, molasses, rice, and milling goods list wide ranges, while local bread and pea prices reflect steady demand and delivery rate influences.
Croakers two cents per pound Taylors three cents per pound Pan fish two cents per pound Baking fish six cents per pound Founders six cents per pound Sheephead ten cents per pound Mackerel six cents per pound Blue fish eight cents per pound Speckled trout four?ty? per pound Rock ten cents per pound.
Market good and good cattle in strong demand. Milk cows from Eastern North Carolina cannot be sold on this market owing to the United States quarantine regulation. Prices listed for Western cattle, eastern stock, hogs, lambs, fruits, vegetables, poultry, eggs, beeswax, and naval stores reflect brisk activity and varied rates across each commodity.
Market listings show varied prices for produce, including 2% and 2c fractions, Spanish varieties, hand picked and fourth conditions, plus Virginia No 1 and No 2 grades and shelled options. The fragment notes multiple price markers, grade terms, and shelling statuses without complete context.
Cypress Lumber Market shows dull demand with quoted wholesale prices for boards. 1x6 16 ft lengths range at 12.50 to 15.00, 1x6 16 ft rough 9.00 to 10.00, 1x12 to 18 inches 16 ft clear 20.00 to 22.00, and rough wide boards 12.12 to 16.00.
Cypress Lumber Market lists demand and prices for No 1 and No 2 grades across 10 and 12 inch lengths, edge and stock items, with values including 15.50, 816.00, 13.50, 11.00, 12.10, 8.60, and 8.00 to 10.00, plus 4-4 bill stuff and dried stock. Shingle Market shows quiet No 1 hearts shingles at 3.00.
Market notices show varied stave prices with No. 2 hearts and No. 1 sap listed. Receipts of white and red oak hogsheads and pipe indicate prime values from $10.52 to $95.00 and culls lower, while overall demand keeps numbers hovering near reported levels.
Hive stock market shows dull activity with mixed cattle prices listed by Mutchers Cattle Company. Prices cover extra fat smooth steers to common and fair cattle, plus hogs, sheep, lambs, and oxen with a range of bids and notes on demand. Hogs in better demand. lambs varied with poor sheep not wanted. butchers’ sheep fat and poor sheep undesirable.
Norfolk and Southern Railway timetable outlines daily mail and express departures from Noel and connections at Edenton Belhaven Munkleyville and Elizabeth City with steamers to Roanoke Island Ocracoke and New Bern. Evening and freight services to Norfolk with transfers to other lines including the Eastern Carolina Dispatch and Western North Carolina routes. Freight accepted until 11 p.m. at the general office in Norfolk Virginia.
Norfolk announces LINE G M Serprulis as general manager. Details indicate leadership role at the organization, with emphasis on administrative duties and regional operations.
Tickets sold to all points North East and West and baggage checked to destination. Staterooms reserved upon application in person at the company office No 77 West Main Street or on board steamer. Freight will not be received to go forward that day. For further information apply after 4 p m except Sunday.
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