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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Dec 14, 1916
Page
7
Cotton opened easy with a 17 to 24 point drop as buyers paused on news of peace negotiations. January rose to 18.37 on cover and buying but Liverpool selling pushed prices down again with January at 18.15 and May near 18.51 as observers doubts peace talks would succeed.
Spot cotton in New Orleans and New York shows mixed levels with New York quotes around 18.35c and Liverpool futures edging higher then later lower. The market opened easy, turned steady with modest gains, and large U S sales noted at 18,000 bales. Futures closed steady, with December and May values provided for Wheat, Vats, Pours, and Ribs markets alongside various commodity quotes.
New York December 13 The stock market ended a demoralized session with heavy selling in the final hour as total Tuesday volume surpassed 2,500,100 shares a record in years. Prices in the last hour fell 2 to 5 points from the early afternoon levels.
New York today opened with substantial recoveries from yesterday's lows though liquidation persisted. Bethlehem Steel led gains with a 14 point rebound after a 27 point loss, while Maxwell Motors Baldwin Locomotive Central Leather Mercantile Marine General Electric American Smelting Cuban Sugar and Gulf States Steel added 1 to 4 points. United States Steel opened slightly higher on its 12 900 shares as copper stocks stayed heavy with Industrial Alcohol and overall activity was moderate.
Wheat traders held a wait and see stance as peace prospects dominated. May wheat opened at 1.651 to 1.671 per bushel, near yesterday's finish, with a modest rise of about 1 4 cents amid no immediate halt to hostilities.
An advertisement claims dull skin stems from sluggish bowels and the liver. It promotes Dr King's New Life Pills as a mild laxative taken at bedtime to produce a full non gripping movement by morning. Available at all druggists for 25 cents.
Strand features Frank Keenan and Enid Markey in Jim Grimsby’s Boy. A dramatic tale promises rugged mountaineers and a tense story of crime and detection as a secret agent risks love and duty.
Stars Markey and others headline the Triangle play Jim Grimsby s Boy described as bigger and stronger than before. A half mile of Keystone fun follows at Strand. Elite feature Under Cover with Hazel Dawn and Owen Moore is shown, a dramatic photoplay full of intrigue and romance.
The Industrial Index reports strong business prospects in the Southeast with rising home investments and $948,500 in new corporate capital. Construction activity continues as contracts are awarded, including a Savannah area project near $250,000.
One thousand bushels of pure Lang ford cotton seed offered in 10 25 and 50 bushel lots. Prices range from 2.50 for 10 bushels to 2.00 for 50 bushels. Seed grown by the seller with a guarantee of absolute purity. Contact Weldon Lavonia Ga.
Special to the Banner reports Athens and vicinity will stay fair but cold through Thursday with freezing nights and about 28 degrees expected Thursday morning. Georgia sees fair skies and likely heavy frost. nationwide, a cold pattern continues with record lows in the northwest, and a new storm forming in southwest Texas.
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