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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Aug 27, 1891
Page
5
Reports from New York indicate cotton traders see price direction tied to spinners and demand for physical stock. Spot deliveries in Liverpool and Manchester show firming and broad activity across regions, while futures Chicago to Liverpool price lines edge higher on improved consumption prospects.
Liverpool spot cotton closed steady with fair demand as mid uplands reach 44d. Sales 10,000 bales. Futures close steady. New York money at 2.4 percent with exchange around 4.84. Government bonds and Virginia North Carolina Tennessee rates listed. Baltimore and produce prices shown for flour wheat corn oats rye hay and provisions.
The report details price ranges for flour grades and imports with spring and winter varieties, noting steady to weak closes. Wheat, corn, oats, pork and lard futures move lower or mixed, with spot prices easing and options trading soft amid harvest receipts and frost fears.
Notice states ill health of the general agent and directs all remittances and corrections to be sent to Andreyme, cashier, Raleigh, N C. The message is signed by Hazlehust with dates and initials.
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