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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Aug 04, 1916
Page
6
New York reports a renewed buying surge in cotton with Liverpool futures up 12 to 15 points and U S prices firm. Spot middling cotton at 8.40 with 6 000 bales sold and 8 000 bales American imports. December and January futures edge higher as concerns about southwest heat push values.
Market data shows futures for January through December with varied closes and a spot market report listing steady or quiet levels across multiple cities including New Orleans at 13.50c and Philadelphia at 14.10c. Regional prices indicate subdued trading activity and slight differences by location and month.
Cotton prices climbed Thursday in both contract and spot markets led by Atlanta gains of one quarter cent to 13 13 16 cents per pound, with New York and New Orleans futures also rising. A government report signaling poor crop condition followed by adverse weather and floods in the Southeast drove the rally.
A proverb advises that one should fear the man who fears you, even if you hold great strength enough to crush him a thousand times, emphasizing prudence over brute power.
Roger Casement, former British knight and consul, was hanged at Pentonville jail at 9 am for high treason over plans to arm an Irish revolt and seeking German aid. Crowds gathered outside. priests gave last rites as Casement reportedly said I die for my country.
At the courthouse yesterday morning an ear of corn on exhibition drew attention for its unique shape. Raised by W. A. Mallory the tax collector it measures ten to twelve inches and resembles a slender forearm and hand of a woman with the thumb tucked back, as if in an old-fashioned fingerless mitten.
Will Mayson, the colored driver on the Peeples car that struck the Anderson team, injured Mr. Anderson and killed the pony, will be tried on a reckless driving charge Saturday morning, August 6, before the recorder.
Forecast through Friday evening calls for showers in Athens and nearby areas and generally fair conditions across Georgia apart from scattered showers in the northern portion. The postional weather shows unsettled patterns over much of the cotton belt with light showers in Alabama and Florida while temperatures rise in the Ohio and central Mississippi valleys and stay moderate in the South.
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