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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Dec 17, 1903
Page
6
The New York cotton market opened steady with an early gain before turning irregular and ending near the day’s close. Traders reported strength from southern buyers, large receipts ahead, and a generally steady New Orleans spot market with futures showing modest gains amid liquidity and export activity.
Chicago trade notes firmer May wheat on shrinking Argentina export surplus and stronger foreign demand, with May wheat edging up to near day’s high. Corn rose about half a cent and oats gained modestly while provisions weakened amid heavy hog receipts and mixed buying.
Chicago and New York grain letters describe light receipts and holiday mood, with May futures supported by Armour and Cudahy buying while July sells and scalpers cover. Corn edges higher on favorable weather and strong cash demand, pork provisions decline with hog futures weak. Export loads noted and Argentina damage cited as affecting sentiment.
Liverpool opened lower but closed five points above the prior session as New York showed a tentative advance amid narrow fluctuations. Analysts note conservative buying on price breaks and profits taking on advances, while spinners seek to curtail consumption with limited impact on prices.
Coffee futures opened steady with a 1 1/2 franc decline in European cables but recovered to close steady amid bull support and later buying. Sugar raw and refined held firm with price ranges noted for open kettle and centrifugal grades. overall market activity showed liquidation of longs but underlying support in New York and New Orleans readings.
New York December 16 Tin edges higher in London with spot £127 10s and futures £128 10s. Copper gains in London to spot £57 5s and futures £56 17s 64. Locally copper steady with prices around 12 50 to 12 62 1-2. Lead up to £11 3s 8d in London, unchanged locally at 4 37-2. Spelter £21 79 6d in London, dull locally. Local jobbing prices for December around 4 76 1 ton, Glaslow rates at 4s 7-2d. St Louis reports lead $4.17 and spelter $4.50.
Cotton seed oil remains firm with active late deliveries. Prices in various grades and regions show primes crude around 28 1 2 to 29 cents per gallon, prime summer yellow at 32 to 36 1 2 cents, prime white near 38 to 39 cents, and prime winter yellow about 39 to 40 cents. New Orleans reports prime refined barrel prices at 32 to 34 1 2 cents, with upcoming shipments and regional quotes. Cotton seed meal priced at 20.50 dollars per ton and cotton seed cake at 20 to 20 cents, with Memphis and New Orleans listing adjustments.
Milton Bradley Company offers Desperation a best card game for fifty cents by mail or via Atlanta Georgia dealers. Combined with Linkim Funnyduster and Charber of Commerce, the promotion markets a novelty card experience.
Railway advertisement invites travelers to return home for Christmas with Sea Board Air Line Railway offering information by phone at 100. The message emphasizes holiday travel along the line and provides a contact number for full details.
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