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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Aug 06, 1909
Page
3
A short OCR fragment lists an address at 69 71 North Forsyth St on East Hunter Street and references names 50 J W Mayson S C. Little E Hardeman W and B McCain.
The new loan department at the Praden Insurance Company offers unlimited amounts at 6 percent for five years with optional prepayment in multiples of 190 on any interest date. Repayment privilege is not compulsory. Loans accepted promptly by W. A Foster and Raymond Robson at 12 South Broad St Atlanta Ga.
Sugar and molasses market notes from New York dated August 6 show refined, raw, and powdered sugar variants with prices and quality indicators. Entries include centrifugal and 96 test cane sugar, molasses categories, and miscellaneous terms such as aranulated and dull grades.
New York August 5 bid list shows cotton seed oil partly higher early on covering as shería, with later session selling by commission houses. Market remains dominated by professionals. Prices quoted for August 5 to December contracts and crude, white, and yellow grades. futures closed steady with 6,400 barrels traded.
Cattle receipts across Chicago Saint Louis Kansas City and Louisville show market activity with varied tone by region. Hogs and sheep receipts indicate steady to higher trends with notable price ranges and regional differences. The New York copper tin and coffee markets display mixed moves with spot and futures shifts and a rising visible supply.
In Savannah Georgia on August 5 turpentine firm at 50 percent sales with 360 percent receipts and rosin steady with notable shipments and stock figures reported. Prices and receipts listed for several brands and vessels. Wilmington North Carolina on August 6 shows spirit turpentine steady at 6 cents with 24 casks received, rosin steady at $2.70 with 74 receipts, tar firm at 1.70 with 24 receipts, and crude turpentine figures and receipts noted.
In August activity the cotton market opened steady with gains then fell, bounced on foreign demand and local bull support, closing slightly higher. Texas drought fears and tariff news influenced futures as New Orleans spot showed steadier tones and mixed trading, with receipts and prices moving modestly.
In New York on August 6 professional traders stayed cautious amid tentative sessions and late realising. United States Steel rose briefly near its high while Reading surpassed 184, a peak from January 1908. Reports of tariff progress and expected market reopening later stirred demand for select issues.
Liverpool cotton market closes quiet with prices down about four points led by American middling fair at 71.8 cents and good middling at 82 cents. Today’s sales reach 7,000 bales, including 200 for speculation and export and 6,200 American futures opened easier and closed quiet.
Hubbard Bros. & Co reports selling pressure easing in early hours and Liverpool steadies after recent declines. Outside interests push demand while heat in the southwest weighs on crops, with investors awaiting rain in Texas Oklahoma and Arkansas. central markets show resilience, with Taverpool due to rise.
London augured of American accounts, opened 1/8 to 1/4 above parity, later dulled as sales appeared. By noon prices ranged from half a point higher to a quarter lower than the prior New York close. Early afternoon decline was checked by New York support. close steady. Bank of England weekly reserve and Paris and Berlin exchange data follow with mixed changes.
Wheat on the Chicago board of trade dropped to new lows with September at 1.00 a bushel and December near 98 3 4 cents while corn and oats also declined. The market was nervous all day amid profit taking and selling pressures from weak foreign markets and expectations of a larger new crop in the northwest. Provisions firm as hog receipts and cash demand supported prices.
Receipts include 166000 wheat and 幻 41000 oats and 14000 shipments of wheat and corn with spot prices drifting lower. No 2 red and white wheats quoted around 1 13 to 1 14 per bushel with September and December futures easing. Oats and corn also softer. futures in multiple contracts declined. futures closing values near 109 for wheat September and 106 for December.
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