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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Oct 10, 1922
Page
7
Local cotton rose by an eighth of a cent Monday with middling advancing from 21 3 4 to 21 7 8 cents a pound. New York cotton opened firm with December around 21 90 and trades steady despite some selling as reports from the cotton goods trade boosted optimism for spot purchases.
Wide movement in cotton prices in New Orleans with gains of 35 to 37 points early, later easing but still up 28 to 32 points at 1:30 pm. Liverpool spot cotton firm with limited demand and American arrivals noted. Wall Street session saw oil shares surge led by Standard Oil of New Jersey to a new high. rail, iron, and chemical stocks also rallied.
New Orleans reports a rising cotton market as demand for raw cotton and goods remains strong. Speculators back futures while hopes linger that European war may be averted, though Turkey's demand for East Thrace adds uncertainty to the global situation.
Advices note packs invading the neutral zone and rising futures as demand for cotton goods grows. Southern sales cover the crop while buyers push blocks in Texas, with hopes of a 30 cent target. European red tide remains a key uncertainty as ginnings peak and weather permits. Wheat and sugar markets show mixed moves with cotton leading the news for the belt.
A large gathering is anticipated with speakers Barrow Dr J M Pound and Miss Mildred Mell. Mrs. Snelling and Mrs. Hays will address the welcome and past presidents will be introduced. Attendees include Mrs James Jackson of New York and Mrs A O Granger of Atlanta among others.
Z. J. Fitzpatrick of Madison announces the program segment featuring state officers and distinguished guests. The officers include Mrs Hays as president, Mrs A P Brantley Blackshear as vice president, Mrs S V Sanford as second vice president, Mrs A H Brenner Augusta as corresponding secretary, Mrs Albert M Hill Greenville as carding secretary, Mrs Sprole Lyons Atlanta as treasurer, Mrs Carlton Battle Columbus as auditor, Mrs Rora Woodberry Atlanta as ardentarian, Miss Louise Dooley Atlanta as auditor, and Mrs Samuel as listed in the program.
Athens Gas Light and Fuel Company filed with the Georgia Public Service Commission to revise gas rates. Hearing set at 10:00 A.M. Wednesday October 26 at the State Capitol in Atlanta to hear all parties.署 The notice, signed by E C Weston, Manager, appears with local notices and event listings.
The Kasumigaseki project, planned as the third largest parliament house, nears completion after two years of work. Cost is about 22.5 million yen, funded at 3 million yen yearly, with six more years to finish. Local steel, concrete, and fittings are Japanese sourced. some materials may require imports. Elevators likely from abroad. The elevated site offers a long vista toward Tokyo Bay and embassies as view obstructions are removed.
Train schedule fragment shows No 2 daily service from Gainesville to Teally with Sunday exception and No 11 daily from Gainesville with arrival times 10 10 pm and 6 20 pm. connections listed include Union Point Augusta and At 3 25 pm 12 20 pr.
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