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Newspaper
Albany Daily Herald
Location
Albany, Georgia, United States of America
Date
Jun 27, 1906
Page
8
Clark and Company operate as cotton future brokers with members lending exchanges. Private leased wires connect New Orleans Chicago and New York for trading communication.
New Orleans correspondents Gibert and Clay Cotton report on rapid market actions. New York firm C D Freeman and Co Cotton and Chicago correspondent Pringle Fitch Rankin Grain cover swift trading. Marshall Spader & Co report on stocks and bonds with similar immediacy.
Wheat corn meat and coffee figures. cotton market opens and closes quoted. Local cotton demand described as poor with limited offerings. Futures closed very steady as Liverpool advances on new and distant months, spots quiet with mids around 110.80.
Theodore admits he has many bales of spots for sale and says the market is dead slow and uninviting. July weather will determine the crop's fate while wages for Rhode Island mill operatives rebound to pre 1904 levels.
The Liverpool market slipped as July futures faced spasmodic selling while options gained late. Spot sales reached 5,000 bales at an 8 point loss. First notice day saw few tenders as shorts covered, lifting prices, but rain and improving crop prospects may curb further advances and increase vulnerability of distant months. Gibert & Clay.
Daily Herald notes Liverpool opening was quiet and unchanged with 5 000 sales at 6 11. Manchester spinners wait and bears face discouraging light trade as July condition near 84. Market seen as artificial. calls for Sully's nerve. Western Texas weather blamed for market weakness.
Albany Ga June 27 1906 list of letters remaining unclaimed in the post office includes Gentlemen and Ladies lists with names such as Bolden Beck, Huggins, Johnson, Rackley, Reil, Stroellin, Thorn, Young and many others. Instructions say to call for letters and say advertised with a cent for the same, signed H F Brimherry P M.
A freight car blaze in the Albany & Northern yard was extinguished by a bucket brigade before damage occurred. Firefighters arrived within minutes, finding no harm done. An advertisement for Kodol Digestive Enzymes promotes relief from dyspepsia and related stomach issues.
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