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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Apr 09, 1914
Page
6
The weather turn cooler with rain expected and market activity described as middling. Prices edged up 2 to 3 points from yesterday's close, trading overall quiet after midday with offerings decreasing and tone steady around futures and spot levels.
New York April 8 Liverpool was expected to rise 2 to 5 points at the opening. Market opened steady with gains 4 to 5 points on near and 2 to 3 points on distant. By noon the market was quiet and steady with middling 7.48 pockets, sales 10,000 bales including 9,100 American, receipts 1,000.
Weather in the Southwest and favorable buying support lifted Chicago grain prices after the government crop figures. Wheat and corn rose as traders covered shorts and Argentine corn imports weighed briefly. hogs pushed provisions higher as the market closed firm.
The cotton market opened steady with an advance of 1 to 3 points due to steady cables and a report that the invisible supply of American cotton is 300000 bales less than last year. There was early realization around the figures and the market eased 3 to 4 points, with unfavorable weather later checking selling and rallies forming late morning.
Cold western cotton delta weather and eastward prospects lifted futures at the opening. First prices rose 1 to 3 points before profit-taking trimmed gains. By late morning fresh buying pushed prices to new highs, then realising pulled them back to about 3 points under yesterday's final, with a steady tone and middling at 133 16.
The report from Atlanta notes a cold spell spreading from the Northwest southward with temperatures from 64 in Jacksonville to 14 at Williston. Rain dominates east of the Rockies with heavy totals in Birmingham and Knoxville while a southwestern storm moves northeast toward western North Carolina and Virginia.
The 7 a.m. temperature in Oklahoma was 28 degrees. High and low pressure patterns favor cold air flow from the northwest into Georgia. Thursday is expected to be fair and much colder, with killing frosts likely Friday morning. C. P. von Herrmann, Section Director.
Athens readers report relief from fatigue weakness and nervousness tied to kidney trouble after using Doan's Kidney Pills. W M Patten of Athens credits them for improved health and backs the product with home testimony. Also cited are Foley Kidney Pills praised by H R Palmer & Sons and W M Golden of Bremen for kidney and rheumatic relief.
Washington April 20th President Fairfax Harrison announced Southern Railway has contracted for 60 locomotives 54 all steel passenger cars and 4075 freight cars funded by five million dollars in equipment trust notes The order includes Mikado freight locomotives Pacific passenger engines six wheel and eight wheel switchers and an all steel passenger fleet with coaches dining cars baggage and mail cars The freight cars cover ventilator box cars box cars flat cars stock cars cabooses and poultry cars The move signals expected growth in traffic and the railway system's plans to expand service in its territory.
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