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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Oct 22, 1891
Page
5
Ongoing commodity notes describe Liverpool futures, New York flour and wheat prices, and regional bond quotes. Reported are spot and futures for wheat corn oats pork lard and sugars with varying bid levels and notices of bear talk, steady or improved prices, and buyer activity.
Raveien reports the cotton market at 6 P M on October 21 remains firm with good middling and middling prices steady. The session shows firm demand and stable quotes across categories.
Money fixed at 3 percent for the day with highs to 4 percent. Exchange closed steady. Posted rates show 60 day bills around 4.81 to 4.84, demand at 4.83. Government bonds closed steady with currency 6s bid 1.11, 4s coupons 1.163, extended 2s registered 1.00 bid.
Grain and provisions markets show firm to higher values with strong demand. Wheat and corn advance on export and import demand while oats rise on heavy export demand and reports of Russia restricting exports. Pork lard ribs and curcaco trade also move higher amid packer buying.
New York reports spirits turpentine at 36 3 4 c. southern and 37 c. machine made barrels with rosin steady. Wilmington and Clareston show similar firm readings with rosin up to 1.20 to 1.374 and crude turpentine firm. A wine house at Capt S W Nobles vineyard suffered a $1500 loss after 1500 gallons of grape juice were released.
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