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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jan 07, 1902
Page
2
Chicago markets advanced as NEPVOds and Simfit report record-breaking wheat prices. Cotton opened steady then sold off after the call, rebounded on covering and light room buying, with New Orleans and New York letters noting mixed signals, heavy receipts, and bullish long-term outlooks amid shifting export demand.
Secretary Hes pers analysis shows four months of season movement through December. Texas and Indian Territory decline about 427000 bales while other gulf states rise 155000 and Atlantic states 302000, yielding a net 30000 bale increase. Totals by region: Texas 2063868, other gulf 1954034, Atlantic 2587041. Spot quotes: Atlanta middling 7.440, New Orleans middling 7.5 to 8, Savannah 7 13 16, Houston 7 3/4, St Louis 7 15 16.
Reports from New York New Orleans Galveston and other ports show cotton market activity on January 6 with mixed prices and steady to easy conditions. Sales totals include 1 899 bales in New York 3 400 in New Orleans 300 in Galveston 309 in other ports and 1 450 in Bavensch. Stock figures range from about 24 605 to 330 401 with receipts varying by port.
Wheat spot gains for No red western winter at 23 shillings 4 pence and No 1 northern spring at 65 shillings 22 pence. Futures steady with March at 65 4d and May at 66d. Corn spot quiet at 55 6d for American mixed new and old 5 dollars bid. Futures firm with February 54 3d and March 52 44d and May 54 4d.
Waval Stores Wimlington notes spirits turpentine and rosin receipts with several price points and sales figures. Crude turpentine steady, tar firm, cash receipts and exports listed for Savannah and Charleston markets on January 6.
New York stocks swung to a firmer tone after Jersey Central declared a 2 percent dividend, with readings from Reading and Delaware and Hudson rising on the prospect of wider uplifts. United States Steel and Amalgamated Copper led gains as investors priced in improved earnings ahead of quarterly statements, while gold export fears tempered some gains and kept overall market activity mixed.
January 6 report lists apples at 450 dollars for fancy stock, bananas at 1.70 per unit, mixed nuts and pecans with various grades, and assorted dates and fruits. Virginia and Georgia product mentions appear, alongside pineapple and citron notes, in a fragmented wholesale listing.
Chicago market reports a day of renewed demand with May wheat posting new crop highs amid tight wheat supplies. Corn and oats showed gains, while provisions firmed on strong hog demand. Receipts and visible supply figures cited, with bullish overseas cables aiding the advance.
The report consolidates grain prices and market actions from Chicago Cincinnati and Atlanta dated January 6 to 9. It lists No. 2 and No. 3 springs and red wheats, various corn and rye quotes, flour firm prices in Cincinnati, and mixed results for oats lard bacon and pork.
New York copper futures opened steady then fell about ten points as heavy liquidation from European and local bear forces pushed prices lower. Merchants offered in the 6.65 to 7.20 range for various months while spot copper stayed easy around 7. No. 7 sugar and refining prices were steady with minor shifts. molasses and sirup markets remained dull. Live stock in Chicago and St Louis shows mixed cattle, hogs, and sheep receipts with modest price moves and general weakness in sheep.
A. F. Liebnan advertises a large new seven room house in a premier south side neighborhood with modern conveniences and invites quick interest. Also promotes a six room cottage on Smith near Whitehall at a low figure, plus several rentals and stores on Orange and Pryor streets with modern features. Mentions loans on Atlanta property at reasonable rates.
Notice is hereby given for the creditors of the estate of Charles Glaccow, late of Fulton county, deceased, and all others holding demands against the estate, to render an account of their demand. Court address Temple Court, Atlanta, Ga.
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