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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Oct 17, 1922
Page
5
New season highs in deferred grain deliveries as opening prices jump and fade, with corn, oats, and wheat fortunes mixed. Cattle and hog markets show steady to strong demand, lambs firm, and varied grain prices across regions including Savannah and Chicago reports on butter, eggs, and poultry conditions.
New York bar sil ver and Mexican dollars quoted, Liberty bonds closing with mixed results. Major industrials and utilities including Allied Chemical and Dye, American Can, Bethlehem Steel, Canadian Pacific, and General Motors listed with varied percentages. Market activity shows diverse gains and small declines across steel, oil, and transportation stocks with several railroads and chemical firms noted.
In New Orleans the Texas delegation to the American Legion convention will send the body of Mrs James White 72 to Weatherford Texas for burial. Mrs White a Texas delegate to the Legion auxiliary died from injuries after being struck by a street car Sunday night, with an escort of honor arranged for her funeral.
New York market opened steady with advances of 11 to 18 points amid Liverpool strength and bullish domestic goods reports. December rose to 22.70 intraday, then eased to 22.45 as selling appeared. New Orleans saw gains early then retreated, ending around 22.01 at noon. Spot quotes steady in New Orleans at 20.75 to 22.50 with differing grades. Liverpool futures closed steady with values from 12.09 to 18.14 for various months.
Improved business conditions trigger broad buying on Wall Street with United States Steel leading gains as 400 shares change hands at a first 110, rising to 111 3-8. Strong showings in Crucible, Bethlehem Steel, Southern Railway, National Biscuit, Wells Fargo, and others. Coca Cola slips on folding company news. Allis Chalmers pressured by weak earnings. total volume around 1,260,000 shares.
New York market notes show live poultry steady with chickens at 24 to 38 cents and turkeys near 38 cents. Call money high at 6 and down to 4 1/2, time loans firm on collateral. commercial paper at 4 1/2. Sugarcane seed market reports mixed prices and futures terms with total sales to date not specified.
Location convenient for business people with home cooking and very reasonable rates. Apply to Misses Irby at Colonial Inn, 311 Thomas Streets.
Conservative government members, led by Prime Minister Lloyd George, face a Monday meeting called by Austin Chamberlain to decide whether to keep backing the coalition. Reports say several ministers may resign without broader party consult, potentially toppling the government, though a temporary arrangement remains possible.
Milton Solomon, a federal prisoner from New York, was shot twice in the stomach by a guard as he attempted to flee after testifying in the John Owens Harrison act trial at the United States penitentiary in Atlanta. Solomon threw sand in the guard’s face before bolting, and was shot about a block from the Walton street entrance. Solomon was jailed for automobile theft in interstate commerce.
E A Schiller, representative of Marcus Loew and once southern head, visits Athens to inspect the Palace Theatre and influence billing of major productions. He is a Shinier with New York offices and former governor’s staff member. Tom Huston, Yankee co owner, to visit Dover Hall near Brunswick for hunting and fishing with associates.
Daily No 2 train to Gainesville departs 7 45 am Daily No 12 to Gainesville departs 10 45 am No 1 departs Gainesville and arrives 6 20 pm Daily No 11 serves Gainesville except Sunday from Union Point to Atlanta times 7 25 pm 8 10 am 2 20 pm 2 25 pm
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