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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Dec 22, 1906
Page
5
In New York on December 21, cotton trade showed better than expected futures activity. Demand remained mixed with limited buyer participation and rising prices for some options as traders weighed casual selling against lingering supply concerns.
New York with a quiet trade as prices held steady amid midday activity. Reports show 175000 bales traded. prices edged up 6 to 16 points on steady demand and short-covering, with Liverpool and New Orleans futures fluctuating. Receipts at ports totaled about 59094 bales, while weekly totals neared 390000 bales with notable shifts in New Orleans inventories and London quotes.
A compressed ledger of bond and stock quotations shows listed issues from Colorado to New York and Missouri including Colorado Industrial 6a series A, Colorado Midland 4s, Cuba 6a, Danver and Rio, Manhattan consol gold 4s, Mexican Central 49, New York Central gen, Northern Pacific 4s, Oregon Short Line 4a, Penn. ev. 3 1/3, Seaboard Air Line 4a, Southern Pacific 1st 40 certificates, and other railroad and utility securities with bid or offered marks and varying yields.
The range for cotton quotes in New York and New Orleans reflects fresh options as traders weigh futures and spot values. Market activity centers on nearby contracts with attention to supply signals and weather impacts.
Ennamated receipts for today show Dew Orleans predicting 10 000 to 12 000 bales, Galveston 19 000 to 22 000, and Hotmtun 16 000 to 17 000, with last year’s figures cited. Avants Ga December 21 reports Catton rebounding from low mood by more than 31 points per bale, Liverpool acting as key influence. spot sales about 14 009 dates at 6 points up, futures up 1 2 to 11 points versus yesterday.
The review notes mixed activity with futures steady yet cautious. Prices show local improvements in contracts while broader demand remains constrained by pre holiday slowdowns and Christmas closures. Secretaries’ world visible supply shows gains in the week, with American cotton totals up and global stocks cited for context.
A garbled OCR list names Elgene T N Lack as a Turner and PF Williams as a Purdue forward, with mixed spellings for other players. The fragment suggests a team roster or player lineup, but details are unclear.
Wheat futures fell as government crop estimates showed oats and corn down while wheat slipped early then steadied. Reports indicated larger U S yields for oats and a mixed corn response with declines in May wheat and varied grain trade activity across Chicago Minneapolis and Duluth.
Fragmentary OCR text references a date and event but no clear names places or outcomes. The readable portion suggests a note about May event timing and a due item or amount, but specifics are not recoverable from the snippet.
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