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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Feb 10, 1906
Page
2
New Orleans market reports a quiet session with cotton prices trading in a narrow range. Futures were 1 8 to 9 points lower, as market watchers noted limited activity and slight pressure from Wall Street.
Stock and bond figures across railroads and utilities. includes Norfolk and Western, Pennsylvania, Southern Pacific, Union Pacific, Texas and Pacific, and Western Maryland. Reports on cotton, port receipts, interior movement, and wheat and corn markets with weekly totals, year comparisons, and futures notes.
A fragmented OCR item lists several company names and notes like Wells-Fargo Express Westinghouse Electric Western Union Wheeling and Lake Erie Wisconsin Central Northern Pacific with scattered figures such as 76,800 and 1,100 200, indicating a ledger or security preference context. The text is incomplete and lacks clear events or dates.
In Chicago on February 9 the wheat market surged on fears of U S crop damage. May wheat rose to 85 3 8 and closed strong at 85 3 8 with bullish cash demand from Minneapolis and Kansas City. Copper and fats were mixed as corn slipped and provisions declined, with receipts and exports reported and Lincoln’s birthday noted for market closure.
Secretary Hester reports roundtakings of American cotton by spinners worldwide, with totals for this week and the year. Northern spinners, Canada, the South, and foreign spinners show shifts against last year and the year before, followed by the World’s Visible Supply of Cotton figures and a note on weekly and yearly changes.
The report lists last week and year comparisons for global metal supply, with Great Britain and Europe holding 2,667,000 tons against 2,358,000 last year and 2,158,000 the year before. It notes U S stocks at 1,598,000 against 1,174,000 last year and 1,136,000 the prior year, plus London and New York price movements for copper, spelter, iron, and other metals. Cotton quotes from Memphis and New Orleans show steady to firm pricing for prime crude and refined products.
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