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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Sep 09, 1922
Page
5
Savannah turpentine and rosin shipments and stocks listed with receipts. New York poultry and dairy prices shown, fowls and dressed poultry steady. Chicago dairy butter and eggs quoted with varied prices. Sugar market notes raw sugar quiet with little cane demand. Potatoes and related regional pricing data conclude the market roundup.
Daily Gainesville service departs at 10 45 a m with No 12 daily except Sunday for Gaines leaves Gainesville at 6 20 p m. Daily except Sunday service from Greenville arrives 10 10 am. Georgia Railroad section from Union Dept to print Augusta points Atlanta 7 25 pm.
New York stocks show firm opening with strength across sectors. Major gains include American Woolen, Pullman, Northern Pacific, and Union Bagging Paper as prices rise in early trading. Rail shares such as Atlantic Coast Line and New York Central advance, with equipment stocks lifting on dividend resumes.
Chicago buyers followed higher Liverpool quotations prompting a fresh rise in wheat. Corn and oats moved within narrow ranges, with minimal changes in provisions as traders await news. Cattle receipts reached 3,000 with mixed demand, hogs steady to higher, and sheep rising, while financial shares of major companies fluctuated.
Local cotton rose to 21 1 2 cents per pound Friday from 21 cents as middling values moved up. New York cotton opened steady with declines tied to Liverpool cables and heavy ginning estimates, later rallying on reports of increased activity in cotton goods and cooler Southwest weather. Prices in New Orleans and Liverpool fluctuated with selling and buying waves, while census data on bales ginned influenced short-term moves.
The Agriculture Department released September forecasts forecasting a total crop of 675 million bushels of corn and mixed changes across crops. Spring wheat and other staples are listed with specific million bushel projections and condition indices, noting a net reduction of 142 million bushels year over year in thin conditions.
A broad investigation into the methods and practices used in cotton marketing was ordered by the Senate on Friday. Senator Smith of South Carolina adopted a resolution to determine if there is interference with the law of supply and demand in the cotton market.
Census data shows cotton ginnings through September 1 totaling 817171 running bales with 25953 round bales. Texas leads with 560010 ran bales, Alabama and others follow. AFL executives discuss Daugherty impeachment prospects as labor leaders converge in Chicago to receive a temporary government injunction notice.
Rutland Vermont reports Lieut Belvin W Maynard known as Flying Parson killed in a crash at the Rutland fairgrounds while flying with Lieut L R Wood and Mechanic Charles Mionette. The body is en route to Kerr North Carolina as investigators review the wreckage.
Department of Agriculture and Commerce reports China’s cotton mills expanding. There are 69 spinning mills with 1,970,000 spindles and 10,800 weaving rooms, yielding 800,000 to 1,000,000 bales of yarn and 3,200,000 yards of cotton fabrics annually. Ninety-nine factories are under construction, adding 4,200,000 spindles and 14,000 rooms, boosting capacity to about 1,700,000 bales and 6,000,000 yards of fabrics yearly.
In the Banner-Ifer edition, local merchants across Athens outline seasonal offerings and sales. Read highlights include price cuts, new arrivals, and store hours aimed at guiding shoppers through area shops. Promotional maps point readers to participating retailers and featured goods.
The Georgia Supreme Court Chief Justice William H. Fish announces his candidacy for re election in 1923. In a public letter from Atlanta dated August 24 1923 he asserts his health age and workload allow him to continue faithful service and efficient work on the bench. His message defends his fitness against rumors of impairment.
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