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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Apr 15, 1914
Page
6
Chicago April 14 Wheat rose after a weak start on a marked drop in Northwest receipts and lower cables. Foreign crop receipts were generally favorable and better interior demand helped push prices above last night’s level. May wheat faced congestion but closed higher as buyers covered and light receipts provided support.
New York and Liverpool opened the market with prices lower on May and other positions as selling pressure rose. Corn and oats showed mixed strings with liquidations lifting and depressed oats while provisions held steady. Cotton opened steady then slipped, with British census figures suggesting a price uptick not fully sustained and selling pressure increasing in early trading.
The cotton market opened steady to slightly higher, with prices about unchanged to three points up. Early trading showed a downtrend from yesterday’s finals with middling grades at 133 16 and a generally firm tone on bullish supply and distribution outlooks.
Quotes show calmer early trading in Chicago with better weather than the East but a steady market later. Selling intensified as weak stock vibes and uneasy Mexican prospects spurred further liquidations, pushing May contracts down about 8 to 10 points while overall tone stayed steady and middling prices hovered around 13 10-100 cents.
A storm moved north from the east Gulf coast with central pressure near 29.85 inches over northern Alabama. Heavy rains hit Alabama Georgia and Tennessee with 1.44 inches in Atlanta 1.22 in Birmingham 1.10 in Nashville. Warmer weather expected after skies clear per the forecast. Co. F. von Herrmann Section Director.
Purge winter waste with Dr. King's New Life Pills. Mild laxative purifying the blood and organs. Cures constipation and makes you feel fine. 25 cents at your Druggist. adv. Advertise your Wants.
An Atlanta report highlights census data showing Georgia farm mill and forest wealth near 400 million dollars versus a tax digest rise under 40 million. The article credits the Georgia Chamber of Commerce and state agricultural groups with spurring a rural credit push, including Crisp county bankers offering loans to farmers for cattle and hog purchases.
Macon April 14. The Georgia Chamber of Commerce through its good roads committee headed by Emory Winsip and secretary T B Slade has issued a comprehensive booklet. It presents methods from federal road experts and state highway engineers for improving country roads, maintaining them, and constructing inexpensive road-floats or drags with material costs. The guide notes dragging a mile of road for a year costs about five dollars.
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