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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Feb 11, 1902
Page
2
Receipts show a mall increase as cotton futures fluctuated through a volatile day. May and July contracts rose briefly before easing, with a bullish sentiment reversing to steady near the close. New Orleans spot demand remained strong amid limited concessions and rising inland stock declines.
Norfolk and other hubs show mixed cotton prices with middling mostly steady and receipts rising. Reports from New York and London note steady to firmer tones, with expectations of improved movement and larger weekly receipts. sentiment remains cautiously bullish amid strong demand for futures and rising interior stocks.
Official closing quotations show Atlanta steady middling 3 16c and mixed city rates. Movements at ports report quiet markets from New Orleans to Savannah with varying middling around 8 to 9 1-16 cents and clear details on sales, receipts, and stock levels for Galveston New Orleans and other ports.
The report details a volatile session with copper and Metropolitan shares slipping while others like St. Paul and Northwestern rose. Banking and bond markets show strength with rail and sugar issues advancing. Treasury balances and regional commodity prices follow varied paths including flour, wheat, corn, oats, and cotton seed meal.
In a bold financial pitch from New York, George Faul promotes the George A. Treadwell Mining Company over Greene Consolidated Copper, arguing Treadwell offers greater value with a three million dollar capital base, no debt, and superior ore prospects in the Verde Copper Belt. He urges Greene stockholders to swap four shares of Treadwell for one Greene share, citing higher copper content, better market access, and stronger fiscal posture.
Ennla and Stoppani forecast a broadening market in the coming week with coal stocks set to lead activity. They project coal companies to earn about 60 million dollars more than in 1901, boosting net earnings for Lehigh Valley, Head ing, Pennsylvania, Baltimore and Ohio, Erie, Ontario and Western, and Chesapeake and Ohio. Reports also note easy money, heavy well informed investments, and varied commodity prices across coffee, sugar, meats, poultry, rosin, turpentine, copper, and tin in major markets including New York, London, Savannah, and Wilmington.
Chicago reports a quiet day with small fluctuations in wheat corn and oats. May wheat slipped to a shade lower and corn held near steady amid bearish signals while hog futures rose and pork lard and rib values closed firmer. Receipts and shipments varied across regions as markets reflected tame trading and cautious sentiment.
A list of municipal and corporate bonds in Georgia and nearby states. Items include Beer Lake 41a percent bonds with 15 000 state due 1915, Taliaferro County 4 percent bonds at 20 000, Parlington South Carolina 4 percent bonds 25 000, Dublin Georgia 5 percent bonds 10 000, Bennettsville South Carolina 6 percent bonds 26 000, Augusta Georgia 4 percent bonds 50 000 and Augusta Gas Light Co 5 percent bonds (values presented as a tranche of public debt offerings).
A terse sales blurb notes beauty and appeal in valentines offered at Miller's store located on Marietta Street, highlighting low prices and the accessible selection for customers seeking appropriate cards and tokens.
Establishment 1867 Peter Lynch lists 95 Whitehall Street and offers meats, wines, liquors, tobaccos, cigars, and other goods. The ad mentions firstclass firma and various product lines, along with street address and partner names.
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