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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Apr 12, 1923
Page
14
New York and New Orleans dispatches describe a spring cotton market marked by offset liquidations and weak demand. Prices declined across May and October futures, with spot cotton steady in New Orleans as traders weighed crop forecasts and late-season rain.
The Cotton Letter notes a cautious mood in trade with August position influencing July and May movements. Analysts report reduced premiums for transferring orders and a tentative recovery in price expectations, while traders weigh supply, weather, and potential policy impacts amid fluctuating futures activity. Market movement remains mixed as mills seek cover and buyers await clearer signals.
Liverpool cotton market notes April LY with trading terms and prices. middling and other grades listed, including 1878 sales figures and totals around 24 000 bales, with references to American cotton and provisions.
New York April reports show irregular trading in bonds with U S. government issues limited to Victory 404s and foreign bonds firm but narrow. Shares fell in some railroad issues while prominent issues like Parker Servier Electric Power bonds attracted demand amid mixed money market rates and falling trading volume.
Fragmented entries show Anette Naval Stores and Anette Savanagh with multiple receipts for turpentine and related goods. Mentions include quantities, dates around April and May, unit prices, and named firms like Trewin and Conner with various lots and spot sales noted.
Chicago and St Louis notices detail cash and futures for wheat corn and oats with bids from No 4 and red varieties. Cattle and hog receipts, prices, and feeder weights show steady to higher trends in certain classes, with lambs and sheep ranges noted across markets.
Sudden buying in the wheat market raises July and September bids to new season highs in Chicago. Corn and oats also gain while provisions swing from small declines to gains as buyers cover and ship firms note weather and crop condition signals.
An Atlanta taxpayer lost a tax appeal over deducting investments in 5 1/2 percent imperial Russian government bonds from income tax. The Internal Revenue ruling states these 1916 bonds due 1926 are not deductible as bad debts, though bonds trade on the market and have some value.
A party of army officers led by Colonel G W Stuart and Lieutenant Colonel Woo R Pope arrived in Atlanta to inspect the Emory University ROTC battalion. They reviewed the unit and observed an artillery demonstration while classes were dismissed for the event.
Washington April 11 Railroad traffic volume reached a new peak for the year as the American Railway association reported for the week ending March 31 that 608,?25 cars were loaded with revenue freight. The figure surpassed the 2022 week by 110,917 cars and was 218 cars above the prior week. The association said carriers are expanding capacity to handle more business.
The twenty second infantry regiment will leave Fort McPherson on April 20 for Camp Mechlellan Alabama to be gone the entire summer. Colonel J B Kimbrough announced that the force will include about 150 reserve officers accompanying the troops.
Announcement made Wednesday of a parcel sale at 100 West Peachtree Street for 42000 by Donald A. Cohen Fourth National Bank Building who sold to Lews and Alvin Wellhouse for 8 and J. A. Weill. It is understood the property will be improved.
City of Monktris v Taylor et al from ratquite superior court Judge Thomas L Moore Hitt Gibson Lawton Con Bingham for plaintiff in eras James Humphries W F Way Dowling Whel ehel contra Judgment Reversed Board of Drainage Commissioners Mrwat fram Gwinvett anp ertor court indee Forteo BN Bolt TL Oater for plain tiffs In error ON L Butealas W Simmons contre Dienlsed Smith v Jones from loyd emportor court indee Wright Enharks for plain ti tn error BW Copeland contre
Bainbridge Georgia April 11 by order of the mayor cars are being parked in the middle of the streets to eliminate blocked conditions in front of stores and around the park as new rules take effect.
Market notes show Zant Bt Louie April 11 steady and strong with mules steady while Quetutiens un'banged. Coffee futures listed for April 840 May 930 July 499 September 889 Dever 84 March 420. Spot coffee dull. Market receipts show 18,006 for Brazil port, 600 for Juodluby, 44,000 for New York.
The New York market reports Pennsylvanian crude oil down 26 cents a barrel and copper at 17 1/4 cents a pound as stock pools feel pressure from a wobbling oil market and tighter money. Industry leaders warned pools to curb aggressive buying while banks tighten lending and bond activity shifts.
U S Department of Agriculture weekly weather and crop review describes North Carolina sees beneficial rain and steady farm work slowed by cold periods. South Carolina reports wet conditions hindering planting along the coast while early cotton planting proceeds inland. Germination slow from cold nights and low sunshine. wet soils delay growth across numerous sections.
Readable fragments describe potato shipments with references to Wisconsin and Minnesota origins. Mentions include round whites, red varieties, and contrasts in quality, along with unidentified codes and months. The text is garbled OCR with scattered proper nouns and no clear narrative or outcome.
Funeral services for G. Dy Gramling, who died yesterday morning in Viant City, were held Wednesday morning at 10 o clock from the funeral parlor of TE Tester Morvil, with Dr. Wot Rich officiating. The ceremony was attended by local mourners and church members.
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