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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Feb 28, 1906
Page
2
The cotton market remained quiet with 18 000 bales at Belen and 12 000 yesterday, with prices chewed and steady to 2 points higher New Orleans market closed yesterday. News from New York and Liverpool indicates limited selling and cautious trade as traders await clearer signals and new crop prospects.
Daily totals show stock sales reaching 96 percent of the expected figures with notable activity across the market. Traders report steady demand and firm prices as brokers note robust participation from various sectors.
The report lists numerous bonds and securities with varying prices and statuses including U and refunding bonds, Atlantic Coast Line, Chesapeake and Ohio, Northern Pacific, and many others. It also covers coffee futures in New York and Liverpool, noting opening steadiness, later easing, and closing firm with specific bid ranges and futures: March through January. It adds cotton market commentary highlighting cautious bears, potential bull turns, and broad market sentiment alongside stock market stability.
Chicago February 27 Sandstorms in Oklahoma and Indian Territory pushed grain prices higher while corn and oats also rose. May wheat closed near day’s high at 81 1/2 to 82 cents, with clearances at 18,000 bushels. Receipts fell vs last year. Minneapolis and Chicago reports showed gains in provisions and hogs.
Atlanta February 27 price list shows lemons at 400 to 425 per standard, oranges 2.50 to 3.25 per box, tomatoes 4.00 to 4.50 per crate, lettuce 4.00 to 4.50 per crate, strawberries 20 to 25 cents per quart, pineapples 3.80 to 4.00, bananas 75 to 150 per bunch, coconuts and figs listed with varied quotes, early trial potatoes at 9.00 per barrel, tater per box 4.5 to 6e per pound, prunes and other items with miscellaneous cents per unit.
Naval Stores records from Savannah dated February 27 show turpentine quiet with receipts and shipments mixed. Rosin activity appears stable with receipts in the hundreds and prices noted for various lots, while a Charleston line reports turpentine and rosin unchanged in trading terms.
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