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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Oct 16, 1891
Page
5
Fragmentary OCR text mentions private penpecies and a company, with scattered terms like Meru, Wire of the grid, Meluek, and Jha-Mesers Companys. No coherent events or names form a clear news item or outcome.
Liverpool spot cotton was moderately active and easier at Middling uplands 47 percent. Sales reached 10 000 bales. New York futures closed weak with money at 3 4 percent, exchange quiet. Posted rates 4 81 1 88, actual 4 80 4 802, 60 day bills 4 83 4 84. Government bonds quiet, currency 6's 1 11, 4's 1 16 extended 2's 1 00.
Incomplete text from a market report hints at price comparisons and evening price movements. Names, places, and specifics are missing, leaving a brief snapshot of market activity without clear results or entities.
Fragmented OCR text references frost impact on markets in New Orleans and export movement. Mentions scarce ocean shipments, weak demand, and price expectations amid poor reporting and fluctuating conditions.
Open markets closed with cautious trade due to frost risk at ports. A raid took place but yielded no fires. Uplands priced at 84 and sales reached 171 bales for today, versus 42 last year.
Prices across stocks and bonds in New York and Baltimore drifted with mixed bids. Wheat and corn futures softened late, while lard and sugars firmed. coffee prices remained quiet as traders digested a Russian decree on maize shipments.
Flour and wheat futures show steady to firm levels with assorted patent, straight, and futures prices. Corn and oats steady to quiet, rye stable, hay lower, pork and lard firm, butter and eggs steady, coffee dull, sugar steady, copper refined steady, whisky firm.
The market closed higher on most items with receipts of 389 cars for corn and 163 for oats. Corn weakened on new crop movements with October down 2 cents. Later options slid. Provisions rose as shorts covered, packers bought, and demand for lard and ribs supported prices. Pork rose 2 3 4 cents, lard up 10 to 124 cents, and ribs up 7 to 74 cents.
Market for spirits turpentine remains dull in New York at 37c and 37tc for machine made barrels. Rosin holds steady with strained at 1.324 and good strained at 1.37, while Wilmington seees spirits turpentine at 34c and rosin at 1.05 to 1.10. Clareston and Savannah report rosin firm around 1.25 and 1.20 to 1.25 respectively.
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