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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Jan 28, 1892
Page
5
A late day decline in cotton prices is noted with 2 to 6 point losses from the prior session as buyers await Liverpool market cues. The market shows light forward receipts and tentative demand, with expectations of a firmer tone if weekly movement improves and short interest recedes.
The Raleigh cotton market shows steady prices and fair demand with 8 000 bales traded, while Raleigh stock and bond quotes list local bank and railroad issues bid and asked. New York notes money rates steady, bond prices little changed, and grains show varied movement amid global tensions and Chili's stance.
Agricultural and commodity markets report firm corn with higher bids, dull oats but steady spot prices, and steady coffee futures. Pork dull, lard lower, butter and cheese steady, eggs quiet, and molasses and sugar showing mixed to steady movement. Wheat and corn futures hold firm or dull depending on commodity. regional Boston and Baltimore markets show similar trends with grain prices and provisions varying by quality and grade.
Market reports from multiple cities show spirits turpentine steady with firm rosins. In Winnaton North Carolina on January 27 spirits at 31 cents. rosin at 1.10 to 1.15 for strained varieties. New York notes 34 and 31/3 cents and rosin dull at 1.324 to 1.374. A Waynesville North Carolina depot fire destroys contents ונ fire suspected incendiary.
J. J. Thomas serves as President and A. A. Thompson as Vice-President of the organization, outlining the leadership slate.
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