Commerce News by Wire Details Market Farket
A wire service brief outlines commerce coverage with notes on market activity and broad economic trends. It mentions firms, indices, and policy signals shaping trading, without detailed figures.
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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Nov 24, 1891
Page
5
A wire service brief outlines commerce coverage with notes on market activity and broad economic trends. It mentions firms, indices, and policy signals shaping trading, without detailed figures.
The market firmed briefly on opening and then eased as receipts rose toward the end of the day. Prices weakened in interior towns with storms delaying exact figures, while shipments and production in Georgia and the Carolinas pointed to tighter supply and higher prices ahead at ports.
Market roundup from Raumen and New York on November 23 covering cotton prices with middling and strict classifications, currency exchange, government bonds, and regional notes. Also reports on Virginia, Baltimore markets, flour and grain prices, wheat and corn futures, oats, pork, lard, molasses, sugar, and coffee spot prices and futures activity.
Flour and commodities held steady with firm tones across grains and animal products. Wheat, corn, oats, rye, hay, provisions, butter, eggs, coffee, sugar, copper, and whisky show mixed steady to firm quotes with various item ranges and monthly conventions.
Caicaco Illinois November 23 Wheat rose 13 cents early on liberal seaboard clearances then eased after a large visible supply. Corn followed wheat up but closed weaker after a strong cash demand. November rose 24 cents. Oats gained on cash demand and short covering. Provisions weak from hog receipts with pork 12 to 15 cents lower, lard 74 to 10 cents, ribs 12 to 15 cents.
Wilmington North Carolina and Clareston South Carolina report spirits turpentine prices steady at 31 to 32 cents and rosin values around 1.15 to 1.20 for strained grades. Tar and crude turpentine hold firm with hard, yellow dip and virgin at 1.00 and 1.90 respectively. Savannah lists spirits turpentine at 32 to 34 cents and rosin 1.25 to 1.30.
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