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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Jan 06, 1892
Page
5
The market shows a panicky tone with New Orleans rumors pushing March down to 7.49. Liverpool reports dull spot prices with 1-16 decline, while New York money sits at 3-4 percent, and government bonds close steady amid mixed futures.
New York markets show flour prices steady to firm amid mixed demand for spring and winter varieties. Wheat, corn, oats, and sugar edges swing with futures uneven, while butter, eggs, coffee and copper hold steady or firm. regional reports from Chicago and Baltimore also note modest gains and quiet conditions.
In Wirsaneton North Carolina on January 5 spirits turpentine remains dull at 31 cents, rosin firm around 1.20 to 1.25 for strained grades, tar steady at 1.30, and crude turpentine steady with hard at 1.00 and yellow dip and virgin at 1.90. New York prices also show spirits turpentine steady at 34 to 35 cents per gallon for machine barrels with rosin holding steady amid fair demand.
Fragmentary report shows cotton stocks in the South facing losses as prices slip versus last week. Dealers note large inventories and cautious demand, with prices and sales down across interior markets and weaker than prior weeks.
SAVANNAH GA Jan 5 Spirits turpentine steady at 31 cents Rosin at 1.174 1.20 per barrel and Chakkston C Jan 5 spirits turpentine 31 cents rosin 1.20 1.20. Also a health slogan for Simmons Liver Regulator included.
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