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Newspaper
Albany Daily Herald
Location
Albany, Georgia, United States of America
Date
Jun 23, 1906
Page
2
Albany cotton future brokers announce private leased wires linking Albany with New Orleans Chicago and New York. Members overseeing exchanges coordinate trading across key markets and communications channels.
New Orleans correspondents Gibert and Clay Cotton report rapid price moves. New York agents Freeman and Co Cottons, with Pringle Fitch Rankin, Marshall Spader and Co, cover grains, stocks and bonds amid brisk trading.
Opening and closing quotations on wheat corn and cotton markets indicate demand was weak with limited offerings. Local cotton market showed subdued activity as buyers and sellers faced tight supply.
The Liverpool market influences futures with options up 2 to 3 points and spot cotton 7 points higher as 6,000 bales traded. The present crop shows steady progress with American visible down compared to last year and 1904, while spinner demand is solid but forecasted showers may ease drought concerns and invite bearish pressure.
Liverpool traders saw a 7 point gain on 5,000 bales as futures rose 3 points on quiet activity. Cables warned of dreath fears from Texas while the Southern Cotton Association hints at an 11 cent minimum for next crop. Mississippi and Arkansas reported strong belts with rains likely to bring boll weevil warnings.
Texas weather shift hints cooler trend followed by sunshine. Georgia markets to improve with two weeks of sun. Europe purchases large cotton for fall and winter delivery while Southern sellers hope for a price decline. Textile industry reports highly satisfactory conditions. December cotton held strong akin to rock of Gibraltar.
Congress man and Mrs Longworth arrived in Kiel Germany and were greeted by several hundred people shouting Welcome to Kiel. The arrival was part of a formal visit with host officials coordinating the welcome as newsmen observed the scene.
Executions will be issued on Wednesday June 27 against all property on Washington street with unpaid street paying assessment. This is positively the last notice, no exceptions. Pay your assessment to avoid extra costs, from Clerk Y. C. Rust.
A fragmented postal and railway timetable lists arrivals and departures for Dothan Florala Lock Hart and connections to Macon Atlanta Columbus Savannah Augusta Montgomery Troy and other cities. It notes bicycle repairs rentals deliveries and mentions materials and sand dries in sparse entries.
Drawing room sleeping car between Albany and Atlanta on train arriving Albany at 7 25 a m and leaving Albany at 9 00 p m Parlor car between Albany and Atlanta on train arriving Albany at 8 40 p m and leaving Albany at 11 54 a m For further information apply to A Atkinson Depot Ticket Agent of C A DEWBERRY T P A Albany Ga
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