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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Aug 09, 1919
Page
7
The Atlantic cotton market shows a sharp recovery after early lows. Prices moved from 30.60 to 31.58 in New York trading, with July and December futures leading gains amid nervous conditions. Liverpool and New Orleans activity followed, signaling renewed interest and a firmer tone despite overall volatility.
Richard J. Broyles, son of Mr. and Mrs. R. A. Broyles, is listed in Atlanta as recently returning from military service. He arrived after treatment at Camp Funston and Fort McPherson, having been in action on the day armistice was signed. Previously the first officer from the area, he served as a lieutenant and later captain in the U.S. Army.
The page compiles Atlanta spot cotton quotes with receipts, stock and movements across ports such as New Orleans, Galveston, Savannah, and Philadelphia. It lists middling prices, stocks, receipts, exports, and shipments by port and city, plus weather notes for the cotton region, and brief market views from New York and New Orleans on August 8.
Chicago August reports bullish corn tone with prices finishing modestly higher across deliveries. Sept at 1.89 to 1.90, Dec around 1.50 with gains led by corn while provisions showed mixed to higher outcomes. Market notes varied Chicago quotes for corn oats and barley plus country produce prices across major hubs.
Georgia will send 100 ginners among 600 delegates to the World Cotton Conference in New Orleans on October 15. Secretary Stephenson led the Georgia delegation selection from a list of 5,740 names across cotton industries and allied groups, with delegates from Cotton Seed manufacturers and the National Association of Cotton Manufacturers also represented.
Local market overview shows bank clearings and financial figures with scattered figures and abbreviations. The brief appears to outline connections between securities, bank activity, and yearly comparisons, but the readable content is fragmented and lacks complete data.
New York August 8 Dun's view notes agitation against high living costs influencing business and prices. Instead of wholesale price advances, recessions push markets toward caution as sellers seek to curb the upturn amid the extraordinary situation. Money market shows easy calls and mixed bond demand with time loans easing. Atlanta live stock and cloth markets reveal weak print cloths and steady finished goods with retailers buying for future delivery.
Reports show the government wheat survey puts spring wheat at 53.9 of normal and winter wheat at 14.6 bushels per acre, with total wheat at about 940 million bushels. Market action fluctuated as traders adjusted after the release, with mixed rallies and declines and notes on labor unrest affecting outlook.
Bradstreet's reports August 9 edition shows July bank clearings totaling $37,181,424,315 across 122 cities, up 9.6 percent from June and more than double July last year. Outside New York, the monthly total reached $15,206,694,475 with many cities like Chicago and Boston posting new highs. 112 of 132 cities gained versus July last year.
Washington August 8 The agriculture department reports the nation’s corn crop fell by 27 052 000 bushels due to weather and other conditions. Wheat production dropped by 21 000 000 bushels from the July forecast totaling 1 161 000 000 bushels. Winter and spring wheat declines are noted with details on other crops and August 1 conditions.
Bradstreet's August 9 1919 issue shows 53 of 100 commodities advancing 14 declining and 33 steady, lifting the index to a new high above July 1 1818 levels. Rising demand and price surges reflect the era’s inflation and political tensions amid postwar unrest and labor agitation.
The New York coffee market opened with a 9 point drop as easier cables influenced prices. December fell from 20.85 to 20.65, closing down 15 to 30 points. September and October posted 20.95 and 20.83 respectively, with Santos and Rio values also weaker. Fifty offers appeared, including Santos at 3.40 and Rio at 21.50, while Brazilian markets showed little change.
The brief note records commodity figures for Cotton Seed Oil with terms including yellow cammit, price 5 30.60, and contracts spanning December to March, referencing 7160 and associated cen a.
New York trading opens with highly active but irregular session amid Washington developments and labor troubles. Call loans ease at moderate rates while funds grow plentiful. Active stocks gain 1 to 5 points early, with insider-led advances widening before a broad setting movement. Overall turnover nears 2,000,000 shares for the fourth time this year. Bonds weak at start with speculative issues down. total sales about 11.75 million dollars. Old United States bonds steady on call.
Dublin Georgia August 8 Special At their monthly meeting the Laurens County board of roads and revenues sold 200 000 in thirty year bonds to RN Berien Dr Co Atlanta bankers for unconditional price. The net cost to the county after premium work out to 4.87 percent. The remaining 260 000 in authorized bridge bonds will be sold once federal funds are approved and plans for road improvement are ready.
Savannah August 8 Turpentine and related naval stores receipts show fir m Augusta Telea shipments and stock levels. Reported figures include sales receipts 275, stock 58,119, with prices around 21 to 23 dollars per barrel and totals near 1,824 units across categories.
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