Cotton prices slide under heavy realizing pressure
Under heavy realizing pressure cotton prices closed barely steady, with a net decline of fourteen to sixteen points. Market activity was quiet as traders weighed supply concerns and demand trends.
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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Dec 08, 1914
Page
11
Under heavy realizing pressure cotton prices closed barely steady, with a net decline of fourteen to sixteen points. Market activity was quiet as traders weighed supply concerns and demand trends.
Atlanta stock market and commodities page reports cattle prices for various weights and classes, hogs and sheep, along with groceries and flour grains. It lists beef, mutton, and poultry figures, with quotes from traders and local buyers, plus a corollary section on New York and London financials and commodity prices.
Market notes show general gains led by automobile stocks reaching new highs while petroleum, fertilizers, and mining groups rose. Industrials were offset by declines in Bethlehem and other issues as banks expanded money market activity with commercial paper. Total stock sales reached about 2.17 million dollars with 24,300 shares traded.
Fragmentary text shows Baldwin area schools organizing a Friday rally in Syracuse, with mentions of Mayor Bebe and Jel Fite tied to a courthouse event. The note references a picnic dinner at the courthouse room and a lemonstra- 7 arrangement by a group named Vigit ta the ic ie Che, indicating a local civic gathering with unclear details.
Interior movement shows mixed receipts across regions with figures for Middling cotton at several ports. Norfolk and New York reports varied offerings while freight and shipments rise in several lines, including imports to Wilmington and Augusta.
April 7 dispatch notes rains easing drought fears while rumors Austria sought peace. Wheat prices fell about 14% to 2 cents net, with corn down modestly and provisions mixed. Europe clearance remained, weather steadied demand, and seaboard buyers supported May delivery.
Washington on April 7 reports winter wheat survived the freezing months well and shows the largest acreage ever planted in the United States. The crop could near record production if conditions stay favorable, with an April 1 condition up one half of one percent and a projected U S yield around 619 million bushels, up from December estimates.
A garbled market summary lists various poultry items and creamery products with scattered figures. References include creamery extras, firsts, receipts, and prices for fowls, hens, turkeys, and roosters, alongside cheese, butter, and sugar notes from Chicago and New York markets.
Amid scattered deals in early trading, bonds and commodities show muted price shifts. Traders eye New York and Atlanta markets as investors weigh demand and sentiment while crude oil quotes hover near provided benchmarks.
In New Orleans on April 7 Rice conveyed a strong tone amid market uncertainty. The report mentions a dearth of munmiles in the rough Krede with several quoted lines and varied receipts.
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