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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jan 09, 1909
Page
3
The New York cotton market showed firmer tones with active cover and bull support. March and May futures climbed to 9.12, closing at the week’s best price as southern spot markets rose modestly and receipts at ports surged.
New Orleans reports show a movement decrease for the week compared with last year and before last, with mixed changes across eight and twenty day totals. The season totals to date indicate higher movement versus 1906 and higher arrivals at ports, inland centers, and mills, with foreign exports and northern mis takings contributing to the season’s overall rise.
New Orleans January 8 Hester’s statement shows the world’s visible cotton supply up 26 053 bales week over week total 6 464 228 bales American 4 633 228 bales others 931 000 bales afloat 2 978 000 bales to Britain and Europe Egypt 291 000 bales Inga 292 000 bales United States 1 909 000 bales taking by spinners this week 370 000 bales total since Sept 1 16 635 000 bales Northern Canada 1 500 000 bales Southern 1 027 000 bales foreign 3 004 000 bales See also market notes from New York and Liverpool Open Close quotations and daily sales totals.
Irregular stock market tone in New York with spotty advances and later gains as 2,000,000 dollars in gold export engagements color sentiment. Cites London and Berlin money markets, wheat fears, and mixed commodity moves. Includes Chicago and St Louis cattle and hog quotes, and various commodity prices across markets.
A long list of goods with prices arranged by item and origin including Ivory denox Polo Octagon and various groceries, beans, corn, flour and cereals, canned foods, groceries and produce with prices per case, per jar, per bushel or crate. The excerpt notes January 8 reports from Atlanta Ga and other markets with scattered figures for bananas eggs tomatoes okra celery grapefruit iris h and hay.
In Savannah and Boston markets, Sea Island cotton quotes ranged from 26 to 32 pounds with mixed sales totals around 3,144. Notable items include Florida Georgia extra choice prices and various quality grades. Mining stocks show mixed results with Butte Coalition at 26 percent and Calumet emissions figures around 117 percent.
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