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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Mar 08, 1914
Page
5
Chicago reports predict the Northwest will plant record wheat acreage, weighing on the market. Prices opened down and drifted lower with thin trade, closing near last night’s level. Corn weakened after word 2,009,000 bushels on tracks could not be unloaded. Oats softened as cereals fell, while hog strength lifted provisions briefly.
The New York cotton market opened with scattered liquidation and a barely steady start. March prices rose 2 points early but soon fell 2 to 5 points with some cables and foreign buying. wall street selling pushed values to new season lows before a late rally left the market 1 to 7 points lower, final at middling 13 1 8.
In New Orleans on March 7 liquidation from the long side pushed cotton prices 5 to 10 points below yesterday's close despite favorable cables. First prices opened 2 to 4 points lower on a steady tone while selling from a weak stock market wave drove prices to new weekend lows. Fresh long buying surfaced at the decline but overall liquidation outweighed demand and spot cotton held at a steady level amid limited sales.
New York March 7 Liverpool was due to come 24 points lower on March and 4 points to 6 points lower on other months. The market opened quiet, 4 to 5 points off on near and 23 to 3 of on distant months. The market closed steady 3 to 4 points off. Cotton spot in limited demand, prices easier and 3 points lower, mid dling fair 7 60, good middling 7 32, middling 6 36, low middling 6 69, good ordinary 5 78, ordinary 5 28. Sales 4 060 bales, including 2 400 American and 300 for speculation and export. Receipts 13 000 bales, including 12 500 American. Tone steady, sales 4 600, middling 696 100d.
R G Dun report shows 1,595 total insolvencies in February, up from 1,454 a year earlier, with 51 more failures. Manufacturing led in indebtedness while trading failures were similar in count to 1913, though several lines saw larger debts and a few occupations posted gains.
The March crop report shows wheat, corn, oats and barley on farms as of March 1, 1914 with historic year comparisons. It details percent on farms, percent shipped, and merchantable quality for 1913 crops versus earlier years, across states and regions.
The record shows 310,000 or more reverses last month totaling 4,369,895, with 9 cases for 6,290,242 in the prior year. Insolvencies under 160,000 averaged 7,105 this year, versus 6,709 in 1913. Historical averages span 1912 7,098 1911 7,145 and 1910 6,975.
The report from Atlanta outlines Sunday forecasts with Georgia expected to be fair while a northern storm shifts toward the St Lawrence valley bringing light rain or snow in New England. Colder air follows, frost likely, and wind slows. Lowest readings around Winnipeg 10, Wilmington 12, Duluth 18. Pair weather expected for Atlanta.
Advert promises Vinci liver and iron tonic builds strength and blood for the elderly and chronically ill. Testimonial from Mrs. M. J. Grimes of Springfield Ohio credits Vinci with curing a heavy cold and restoring health. H.R Palmer & Sons in Athens Ga guarantees refunds if it fails. Also Saxo Salve for scalp eczema advertised.
A reflective note citing Seneca urges living with men as if God sees you and speaking with God as if men hear you. The aphorism folds in moral restraint and accountability, urging discreet, principled conduct in public and private life.
A letter from Eugene Fant of the Athens Hide Company to Clare Heidler of the Athens Chamber of Commerce praises the slogan printed on shipping tags “Greater Athens Gives Greater Prices.” He urges local firms to support a proposed interurban line, arguing it would boost Athens’ growth and position between Anderson and Atlanta. The missive, dated March 7, 1914, emphasizes regional development and swift collective action.
Hart County farmer William P. Crow died of pneumonia. Upon learning of his brother's death, his sister Mrs. James A. McCartey collapsed and died from heart failure in Hartwell Georgia on March 7.
Detroit March 7 Ford Motor Company welcomes visitors with a staff of 25 to 30 guides. About 150 daily onlookers from the US and Europe tour the Highland Park plant, with a register kept for each guest. Michigan editors and printers toured, viewing operations and Ford films, as delegates from several state press groups met in Detroit to amalgamate.
A spoken quip mocks Boobleby as ignorant conceited and incompetent, with a suggestion to send him to the legislature as a jab at political selection and behavior.
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