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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
May 07, 1914
Page
6
The Associated Press reports Chicago trading opened firm on wheat then eased as government crop acreage and conditions weighed. Prices recovered on dry weather in spring areas and weak Argentinian shipments. Corn edged up while oats tracked gains. Provisions rose with hogs on the advance.
Liverpool prices were quoted lower across May October and other months as the market opened today. By midday the market remained quiet and steady with spots 1 point off. middling at 7.31. sales 18,000 bales, including 16,000 American, receipts 6,000 bales. Tone was quiet.
The New York cotton market opened steady to 3 points higher with 2 to 5 point declines seen early. Weather was favorable with clear skies predicted for the next day or two. Limited selling locally contrasted with active Liverpool interest in July and demand for new crop months.
The market showed a calm tone with July discounts around 150 points versus July to August abroad. Late morning activity was thin but steady, easing after midday as detailed weather reports and Southern selling influenced trading. Old crop months held gains, later deliveries up 2 to 3 points.
In New Orleans on May 6 the market opened 2 to 3 points up on most months while August and September stayed even. Liver pool prices appeared a shade higher and sales of spots were heavy. Tone remained steady with middling at 13 1/2 cents.
The forecast calls for fair, somewhat cooler weather in Atlanta and vicinity Thursday. A northern storm moves toward the New England coast with moderate precipitation in the Ohio valley and midwest, while a southwest disturbance brings increasing cloudiness to Texas. High pressure over Montana and Wyoming suggests cooler conditions spreading southeast.
A physician was fined three dollars by a city policeman after a street car stop led to a technical violation. The recorder joined the scene in a church doorway nearby and accepted the payment, then the doctor left to attend to an urgent case.
Atlanta May 6 The Shrine North America convention program replaces hours with Sunset to sunrise Sunrise to midnight and Midnight to dawn The event includes two grand parades and sidetrips to Savannah Tybee and other points Forrest Adair says preparations for about 30 000 attendees are complete Also ads note King King and Foley Kidney Pills as tonics and remedies
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