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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
May 28, 1914
Page
6
Texas market reports note renewed rain expectations as Southern commodity centers push spot bids higher, placing prices 18 to 22 points above yesterday by noon. Tone remains steady with middling at 13 and three quarters cents.
Wheat prices rose today in Chicago after initial weakness tied to lower cables. Buying pressure grew on belief that the 4 cent decline already discounted bearish Southwest crops. Texas damage reports and a shrinking world supply aided bulls, while Nebraska rains encouraged selling. corn showed scant receipts and a general advance amid mixed quotes.
The New York cotton market opened firm with gains of 3 to 17 points and rose to new high ground as Southern buying and covering surged. Rain reports in the Northwest and firmer Liverpool cables sparked renewed bull support, with mid day prices up 19 to 25 points before easing slightly in the afternoon. A lone firm middling 1430 100c.
By Associated Press heavy rains in Texas sparked early buying in the New Orleans cotton market. Shorts covered, buyers pursued long positions, and prices opened 12 to 15 points higher, later advancing 17 to 20 points as trading began.
Disposition to sag noted as renewal of unsettled weather in Argentina weighed on the bear side in corn. Market closed steady with a 4e decline to a like advance from last night. Oats eased as drought breaks appeared. Moderate support formed on the decline. Provisions prices hardened with higher quotations at the yards. First sales ranged from a shade to higher, with firmness well maintained.
Liverpool cotton futures opened steady then slipped before midday, with middling at 7.66 and 4 000 bales sold including 2 500 American. Receipts totaled 10 000 bales as the tone remained irregular.
Special to the Banner reports unsettled conditions spreading across the South with a new disturbance in the Southern Plateau. Expect partly cloudy skies in Georgia with possible local thundershowers through Thursday and temperatures around 70 or higher regionally. Showers observed in Texas Oklahoma Kansas Florida and the Lake region.
A rundown of baseball results across the American, National, Federal, and Southern leagues with multiple rain delays. Notable scores include Washington over Detroit 7 0 and Boston 5 over Cleveland 4. Also mentions a real estate sale at Tal Madge with payment terms and contact names Dave Anderson Harry Hull and the Doziers.
Catarrh cannot be cured by local applications. remedy must be internal. Hall's Catarrh Cure, taken internally, claims to affect blood and mucous surfaces. Purportedly prescribed by top physicians, with a special combination of tonics and blood purifiers. Testimonials offered. price ten cents per bottle. sold by druggists.
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