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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Sep 15, 1891
Page
5
In a pressed market thin demand and large receipts weighed on cotton futures and spot prices. Traders noted declines of around 25 points from earlier levels with some modest recoveries later, as western and eastern ports reported mixed activity and overall dull sentiment persisted.
4.82 for 60 day bills and 4.84 4.841 for demand. Government bonds closed steady currency 6s and 4s with 1.104 bid. Oregon Ists 994 bid Alabama bonds listed with varying bids, Louisiana consols 89 bid, Tennessee new 6s 1.05, Virginia and North Carolina issue bids, Baltimore notes and stock quotes.
Baltimore market reports show flour, wheat, corn, oats, rye, hay and provisions steady to firm with varied prices. New York closes steady with firmer flour and active wheat options, spot and futures mixed but generally higher on most wheat contracts.
Spot sales for No 2 mixed 72 and near contracts 68 644 623 66. Dull but steady pork with new mess 12.25 to 12.75. Lard closed steady with October 7.31 December 7.43 January 7.52. Molasses dull domestic grades 25.35. Sugar quiet refined dull with multiple grades listed. Coffee spot lots closed steady Fair Rio in cargoes 19. Market notes reflect steady tone across meats fats and sugars.
Curiaco Sept 14 wheat ruled strong amid foreign market strength due to war rumors. Corn rose 2 cents for October while oats fell. Heavy selling pushed pork down 5 to 7 cents and ribs and lard down 2 to 3 cents.
Market steady for spirits turpentine at 34 38c in New York and 34 4c in Charleston. Rosin firm with good strained around 1.15 to 1.40 in several ports. Tar and crude turpentine also show firm prices with hard 1.00 and virgin 2.00 in Wilmington and Savannah notes.
Detailed schedule lists daily and except Sunday departures from West Point to Richmond and intermediate points, returning times to West Point. Includes through coach between Richmond and Raleigh, mixed trains Keysville to Durham and Oxford, and sleeper services on several routes. Officials noted: E Berkley W Ature H Greene J L Taylor Col H Hass and others.
The fall term begins September 1, 1891, in a new hillside building featuring electric lights hot and cold water baths and other modern improvements. Pleasant climate noted. For catalog address HORNER and DREWRY Oxford North Carolina.
Auction notice lists stock from the late D S Waitt agent including clothing straw hats soft and stiff hats and various goods for sale. Items described as ready for bidding with terms to be announced.
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