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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Nov 17, 1891
Page
5
New York realizes mixed cotton prices amid declines in Liverpool and at the port, with reports that lighter stock shipments ease at 60,000 bales and another day of subdued demand. Prices linger near historic lows as market expectations hint at weeklong movement toward stabilization.
RaeieH reports cotton prices at 6 P. M with Good Middling and Middling steady. New York money rests at 3 percent, exchange quiet with posted and actual rates around 4.80 to 4.85 for bills and demand. Government bonds hold steady as currency bids show slight variances.
New York and Baltimore report on Ists and consols with bids and asks for Alabama Oregon Virginia North Carolina South Carolina and various bond issues. Stock levels include Baltimore & Ohio firsts and incomes, Northern Central, consolidated gas bonds, and related securities with bid and ask figures.
New York November 16 flour markets quiet in buyers favor with varied grades quoted. Wheat options fell then slightly recovered before settling lower. spot prices also eased. Corn and oats show mixed moves with some strength in oats. pork steady, lard and molasses subdued. sugar and coffee mixed with quiet activity.
Flour markets in Baltimore closed steady with a range across grades from Western super at 3.50 to 4.40 and family at 4.50 to 5.00. Wheat prices remained dull with No 2 red spot around 1.043 to 1.053 and nearby contracts steady near 1.044 to 1.053.
Southern wheat easy with Fultz 1.00 to 1.07 and Longberry 1.02 to 1.07. corn dull and easy with spot 64 and 64. oats easier with No 2 white western 39. rye easier No 2 1.034. Hay steady to firm good timothy 13.00 to 14.00. Provisions steady with pork 11.00 old bbl and 13.50 new, bulk meats mixed. butter steady with creamery prices 20 to 30 cents. eggs steady at 27. sugar closed steady at granulated 4. Copper closed steady. whisky firm at 1.27.
Wheat weakened on heavy receipts and weaker abroad markets with easier cables, closing 4 to 3 cents lower. Corn firmed as shorts covered, up 6 to 3 cents. Oats advanced 4 cents in sympathy with corn. Provisions dull, closing slightly under Saturday's prices.
In New York spirits turpentine remains quiet but steady at 36 for southern and 36 1/2 cents for machine made barrels. Rosin shows moderate demand with common 1.35, strained 1.374, good strained 1.40. Willington and Clareston reports mirror firmness in turpentine and rosin with modest regional variations.
The Baptist State convention adjourns after a pleasant and successful session in Goldsboro North Carolina. The outlook for North Carolina Baptists is bright and the meeting was enjoyed by members and local residents. Discussions broadened views and the past year is described as prosperous with a dawning year of greater triumphs for the denomination and for Christ.
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