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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Jan 23, 1892
Page
5
Wire reports from New York indicate fragile market sentiment with cotton receipts and internal estimates for 1891 showing higher in sight figures and slower delivery. Prices opened firm then added modest gains as traders weigh annual production and weather impacts.
The report notes a tentative rise in prices followed by a cash and futures pullback as warmer South weather affects expectations. Interior receipts total about 13,500 bales with weekly post receipts at 102,000 bales, stocks likely down 27,000, and direct movement about 75,000 bales. Liverpool spot steady, U S rates firm, Raleigh and New York market quotes listed with various bids and asks.
Financial notes from New York and Baltimore dated Jan. 22 report bond prices for Virginia consols and North Carolina and Alabama issues. Wheat and flour futures move with slight gains and losses. corn and oats show mixed activity. Butter, cheese, eggs, molasses, sugar, coffee steady to firmer. Southern wheat steady and regional grain prices listed.
Prices and market notes show firm conditions across several commodities. Hay timothy ranged 13.50 to 15.50. pork 11.00 old and 13.50 new. butter grades from 19 to 32. eggs scarce at 22. coffee steady at 13 to 17. sugar 43 for granulated. copper refined 11 to 13. whisky 1.25 to 1.26.
Market notes from Curiaco and Wilmington report wheat firm then closes lower, corn and oats weak, provisions firmer on improved foreign demand. Turpentine and rosin prices steady to firm across Wilmington and Charleston with regional variations.
By authority in a Wake county mortgage from Joe Gill and wife recorded in book 104 page 645 the Wake Forest property will be sold at noon on Friday January 22 1892 at the Wake County courthouse door. The lot lies in Wake Forest College bounded by J S Purefoy lands to north and south the R G R R to the west and Wake Forest cemetery to the east. Terms are cash. J N Holding mortgagee. December 17 1891.
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