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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Mar 18, 1914
Page
3
The cotton market opened barely steady in New York as the census report split lint cotton and linters, unlike prior reports. March was unchanged while other months slipped 3 to 8 points. active months fell 0 to 12 points early, with cables trading slightly lower amid reactionary sentiment from the confusing data.
Cotton markets softened after morning trading as census figures on February consumption caused bearish sentiment. Prices fell 7 points at the open and stayed lower with middling at 12 15 16 cents. Texas reports of young cotton amid a cold spell offered little relief. Wheat also declined on light Kansas rains as relief rumors circulated.
Weather reports and agricultural prices show corn ease on Argentina crop hopes while Western wheat tightens on dust storms. Oats weaken with large Canadian stocks. hog prices drop yet overall quotations dip modestly. Liverpool cotton opens mixed with futures down, spot prices easing and American arrivals rising.
Washington reports February cotton consumption in the United States reached 455 239 running bales excluding Internationals, up from 448 095 in February 1913. On hand February 28 were 1 734 317 bales, with imports at 20 774 equivalent 500 pound bales and exports at 750 990 running bales. Spindles operated numbered 31 139 730, up from 30 535 486 last year. Linters consumed in factories stood at 93 800 bales, and in independent warehouses 35 114 bales, with linters exported in February.
The census bureau reports February cotton use and supply by region. Cotton consumed in growing states reached 243,184 bales, while all other states consumed 212,055. On hand totals in factories and warehouses are given for cotton growing and other states, with exports to the United Kingdom and other nations and imports from Egypt Peru China and others.
Special to the Banner reports a generally fair pattern for Wednesday with fine weather in Georgia. Temperatures are moderately high in the South and cooler in the Northwest, with precipitation limited to the Lakes west to northern Wyoming. Atlanta should see slightly lower temperatures and fair conditions.
Tire Factories Sales Co advertises new tires direct from Dayton Ohio with discounts of 30 to 60 percent. Lists sizes and sale prices with red tubes priced higher, offers 5 percent off paid in full and COD on 10 percent deposit. All sizes in stock, non skid 15 percent extra, bold claim of best standards and independent makes.
Hartwell Ga March 17 The many friends of Mrs Walter L Hodges regret to learn she is quite ill at her home in Hartwell with rheumatism She has been confined to her bed for over a week.
Books may now be mailed by parcel post starting Monday March 16 at parcel post rates. Previously books were excluded from parcel post and paid a higher rate than merchandise for short distances. Best Family Laxative Dr King’s New Life Pills praised by Mrs Charles E Smith of West Franklin Me as Our family Laxative. Available at all druggists or by mail HUES Bucklen & Co Philadelphia or St Louis.
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