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Newspaper
Albany Daily Herald
Location
Albany, Georgia, United States of America
Date
Jun 05, 1906
Page
8
In Albany Georgia private leased wires connect cotton future brokers to New Orleans Chicago and New York. Members lead exchanges as communications expand trading reach and market access.
New Orleans correspondents Gibert and Clay-Cotton report rapid actions across markets with updates from New York agents C D Freeman and Company Cottons, Chicago correspondent Pringle Fitch and Rankin Grain, and Marshall Spader and Company covering stocks and bonds.
The market notes steady futures and quiet spots with mixed quotes for cotton. Liverpool shipments expected with unchanged to down prices, while domestic offers show limited demand and lower nearby values amid a quiet sales day.
The June 5 1906 New Orleans wire to Clark & Co notes initial gains in foreign markets but a later swing to bearish sentiment as options fell. Spot sales were light at 5000 bales with a 3point advance, while expectations of weather shifts and rising world consumption suggest limited longterm price declines. GIBERT & CLAY sign off.
The report shows bearish sentiment from Liverpool operators and European gossip about American bears with English links driving prices lower. Opening unchanged, prices drop with Texas Boll Weevil Section selling. buying orders push briefly higher before a general decline. Analysts foresee Texas production around 4,000,000 bales.
The cotton editor warns against optimistic acreage reports as prices slip with sunlit harvests. Theodore Price dismisses a 11,000,000 bale crop as improbable and port receipts lag, signaling a weather driven market. Liverpool Grizzlys push English prices down, while traders await clearer signals from higher powers.
The President sent to the Senate nominations for Florida postmasters including W. L. VanDuser Kis simmee W. R. O'Neal Orlando and O. S. Oakes Fernandina. Upside Down. The excerpt includes a vaudeville joke about education and prosperity.
In a Pearson's Weekly sketch, a proud father notes children imitate real words poorly yet easily adopt invented ones. He explains his son can pronounce odd nonsensical terms like oobijoobie better than familiar words such as cat, highlighting a humorous view on early language development.
Tickets are now on sale for seashore, mountain and lake resort trips to the North South East and West. Rail and sail to New York Boston Baltimore Philadelphia and East coast points via Savannah and steamship lines may be considered this season. Inquiries and rates available at coupon ticket offices or through R S Morris Albany Ga Central of Georgia Railway agents.
The late Marshall Field sent for a chiropodist after foot treatment. He sought a full talk on feet. The ad promises painless corn and nail removal with antiseptic care. Dr Williams offers a $5 reward for a growing nail he cannot treat without pain. Manicure, scalp treatment, and hairdressing also advertised.
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