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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Dec 02, 1891
Page
5
The report describes a weak cotton market with prices falling across major ports. It notes cautious shipments, reduced delivery expectations, and a cautious mood among buyers, as producers weigh future demand and potential declines in price.
Raxmen reports Dec 1 6 P M Good Middling and strict Middling around 7 3 and 7 4 with market quiet. New York money at 3 percent. exchange steady. government bonds and stocks listed. Flour, wheat, corn, oats, pork and lard prices shown. coffee and sugars noted as dull.
Baltimore market notes steady flour prices and firm corn demand with mixed spot values. Wheat shows steady to rising futures and No 2 red offerings while southern wheat remains weak and oats trend strong amid overall commodity activity.
Western 40 asked and No 2 mixed bids noted. Hay prices firm to choice timothy 13.00 to 14.00. Provisions show active pork at 11.00 per barrel old, 13.50 new, bulk meats and various cuts listed. Butter firm with varied creamery and imitation grades. eggs steady at 27 to 28. coffee firm with Rio prices. sugar and copper steady. whisky firm at 1.27.
Wheat fell 3 to 1 cent with bears active in late trading after a strong start. Corn closed unchanged to 1 cent lower amid weak cash demand. Oats held firm, while provisions weakened on December pork deliveries and hog receipts. Pork declined from 14 to 16 cents with ribs down about 0.74 to 1 cent.
Market for spirits turpentine was dull in New York at 34 to 44 cents, machine made barrels at 34 cents. Rosin prices mixed with common and strained grades around 1.35 to 1.40. In Wilmington North Carolina spirits turpentine 31 to 32 cents, rosin 1.20 to 1.30, tar 1.85, crude turpentine firm with hard 1.00, yellow dip 1.90, virgin 1.90. Charleston and Savannah reports show spirits turpentine around 31 to 32.5 cents and rosin steady near 1.25 to 1.30.
Durham rail schedule outlines No. 22 Local at 6 10 am No. 2 Mail and Ex at 3 30 pm arrival No. 1 Mail and Express at 5 21 am No. 21 Local at 5 30 pm connection at Durham with Richmond and Danville trains for Raileira and points South at Denniston Junction with Atlantic and Danville trains from Danville No. 2 connects at Denniston Junction with Atlantic and Danville trains for Danville transfers and Lynchburg connections with major railroads to North East West and South West official notice from General Superintendent W N M Chell Lynchburg Va Daily except Sunday t
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