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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Dec 12, 1922
Page
5
Washington reports the Democratic attack on the administration shipping bill began Monday while Republican leaders moved to bring the measure before the Senate. Chairman Jones of the Commerce Committee scheduled calendar action and requested Senate debate on the bill and for a lengthened session.
Rain and warmer conditions move through South Carolina Georgia and extreme Northwest Florida tonight into Tuesday. Florida trends mostly cloudy with local showers tonight and Tuesday with warmer weather in the extreme north Tuesday. Alabama sees rain tonight and Tuesday with warmer spell tonight in the northwest and much colder Tuesday night.
Mrs Martha Jape Smith a pioneer Atlanta resident died Sunday night at her home 33 Bonnie Bye avenue from injuries suffered two weeks earlier when she fell and fractured her shoulder blade She is survived by her husband one daughter Mrs BE T Coker and one sister Mrs Mollie Rudrell of Wintervale Ga Funeral at her home at 11 o clock Tuesday morning.
Associated Press notes bidding strength in a volatile session with a new year high for the Dow at 129 1 4. Westinghouse brake, Piggly Wiggly, and others led gains while St Paul issues faced selling pressure in rails. Foreign exchanges opened steady and money market rates eased with primed commercial paper around 4 3 4 percent.
New York bond prices show Liberty bonds closing with various 4s and victory notes quoted. Cotton seed oil markets close steady with futures across months from July to June and total sales reported at 14,600. Raw sugar unchanged at 6.78 centist
New Orleans spot cotton gains 25 points to show 24.25 low middling, 25.00 middling, 25.50 good middling as 6,999 receipts bring stock to 285,457. Foreign exchange quotes show varied international rates including Britain 4.59, France 6.11, Italy 5.04 and 6.04, Belgium 6.52, Germany 0.0123 and 0.0124, and other currencies.
The Athens middling price rose to 25 cents a pound from 24 7 8 as cotton markets showed renewed firmness. New York quotes edged higher with January contracts around 25.08 earlier and later near 25.06. Spot cotton in New York and New Orleans reflected improved demand, while government crop estimates and sterling strength influenced early gains.
Private crop estimates for the day mostly below ten million bales, easing supply concerns while demand improves in eastern and western cotton regions. Prices rose up to 32 points with January near 24.86. American mill consumption steady around 541k bales in November. Liquidation of song contracts later pushed January to 24.75 as prices firmed. Liverpool spot cotton steady with good middling at 14.58 and futures closing firm across months.
Ninety five registered jersey cows perished in a Sunday blaze that destroyed Green House Model Dairy in Monroe Louisiana. Property loss was estimated at fifty thousand dollars.
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