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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Sep 10, 1891
Page
5
The notice describes circulars from Rice & Company and a fluctuating cotton market. It notes declines and improvements in futures with price points and daily sales, including figures for bales and spot uplands, reflecting a dull market and steady close.
Raeku September 9 market report shows Good Middling to Strict Low Middling prices listed with slight firm trend. New York money rates hovered around 4 percent with high of 7 percent and low of 3 percent as exchange and government bonds closed quiet.
New York report shows Oregon Ists at 994 bid Alabama A 100 bid Alabama B 1044 bid Alabama C 100 bid Louisiana consols 85 bid Tennessee old 62 bid Tennessee new 6 s 110 Virginia 6 s 50 bid North Carolina 4 s 97 bid North Carolina 6 s 1214 bid Southern Browns 944 bid Baltimore Virginia consols asked ten forties 32 bid Virginia threes 63 bid Baltimore & Ohio stock 934954 Northern Central stock and Baltimore & Ohio Southwestern firsts 1.01a1.014 first incomes 71a75 second incomes 27 third incomes 9a10 consolidated gas bonds 1.124 bid and do stocks 444a 443
Balimore Md September 9 Flour steady Western grades quoted from 3.40 to 5.00 for various loaf types. Wheat weak with No 2 red spot 1.008 and futures ranges. Corn firm for southern prices around 72 73, oats quiet. timothy hay firm. Provisions very firm. pork mixed car lots, lard and shoulders priced. Butter and eggs firm. coffee steady. copper firm. whisky close at 1.26 1.30.
New York market for flour shows dull trade with price ranges for spring and winter grades. Fine spring flour opens at 3.00 to 3.65, winter 3.40 to 3.90, with various extra and superfine levels listed. city mills extras 5.10 to 5.35 for West Indies. Wheat options open weak on lower cables amid cautious trading.
Prices drifted lower through the day with wheat and corn leading declines while oats and sugar held steadier. Spot sales for No 2 red winter wheat, corn and oats softened. coffee remained steady in spot. Pork and lard showed dull or firmer movement with December pork at 11.4 to 12.25 and lard around 7.4 to 7.54. Domestic molasses remained dull with broad sugar complex pricing.
The Chicago wheat market fell sharply on September 9 due to pleasant weather and larger receipts. Close prices off 22a2 to 24e with gains in pork 2e and lard 24e and ribs 23a. Provisions also rebounded from prior sharp declines while corn followed wheat downward on bearish trends driven by weather and global supply signals.
New York notes a quiet steady market with spirits turpentine at 374 to 378 cents per barrel and machine made barrels at 38 cents. Rosin prices show common 1.35, strained 1.374, good strained 1.40. Clareston and Savannah report spirits turpentine near 35 cents, rosin firm with strained around 1.25, Wilmington lists turpentine 34 to 34.5 and rosin strained 1.05 to 1.10, tar at 1.70, crude turpentine steady with hard 1.00, yellow dip 2.00, virgin 2.00.
Auction notice for the late D S Waitt estate offering clothing hats shirts and related goods. Stock to be sold without reserve as the business is closed out entirely with no returns after payment and delivery.
H V Waitt ACL Wilmington Weldon schedules dated Sept 1 1891 list southbound No 27 41 23 post mail daily with stops at Wilson Selma Fayetteville Goldsboro Warsaw Magnolia Wilmington and connections to Scotland Neck Tarboro Plymouth and Clinton branches. Includes branch timings for Weldon Scotlland Neck Greenville Kinston Halifax and Rocky Mount with varying daily except Sunday patterns and connecting train numbers 50 51 27 14 7 8.
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