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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jan 17, 1900
Page
9
New York reports a dull trading day with no clear initiative from traders as futures drift. Across markets, cotton remains steady to lightly lower, with mixed bids and ample supply noted.
L. DeGumpens & Son report the convention president’s crop forecast near 9 million bales and a push for leaf cotton. Markets show dull trade with small gains and losses, spot sales at Liverpool and River Plate steady, receipts for week around 70k to 72k bales, and mixed opinions on future acreage. Commodities letters note Liverpool strength, US demand cautious, and interior receipts easing with modest price shifts amid speculative activity. Stocky notes cover turpentine, rosin, and live stock markets across several cities with varied results.
A stagnant market characterized by widespread dullness in stock trading with minor speculations in Sugar Tobacco and local traction. Short covering in Tobacco and broad investor preference for fixed investments reflect a cautious tone as gains hinge on South Africa developments and potential British policy signals.
The Commercial Advertizer's London cable notes a quiet market with buyers scarce in Americana and Indian bullion interest, the Indian exchange banks likely to withdraw bullion soon. In New York, January 6, a firm undertone and limited price changes appeared in standard rail issues. Sugar and American Steel, Wire, and traction stocks dominated transactions. Brooklyn Rapid Transit and Manhattan shares show firmness amid transfer-book closings and potential new directors.
Murphy & Co reports a stagnant London market and quiet New York open due to absence of decisive South Africa news. Declines seen mainly in Sugar Refining American Steel and Wire Manhattan and Metropolitan Street Railways while most standard rail issues show little change. Traders hold back pending overseas developments and broader market directions.
Bid and asked quotations for State and County Georgia issues, Atlanta bonds, and railroad securities appear with varied prices and maturities. Listings include 4a 105 30 year, 107, 5 1 40 year, and several Georgia and railroad issues across different issuers and dates.
New York January 16 dull session with prices held within narrow ranges. Cables and London demand support modest gains in Louisey and St. Paul while overall activity remained minimal. commodities like coffee and sugar show mixed moves with London and European markets reflecting firmer bullion and foreign exchange signals.
Frantic drives to absorb holdings on the Chicago board of trade followed Bradstreet’s report of a substantial rise in world visible supply. May wheat fell to bottom, corn rose slightly, oats steady. Provisions weakened on ample receipts. Government report delay, light local stock, and heavy selling pushed prices lower across wheat. Market activity mixed, with late cash activity totaling substantial bushels exchanged.
A dense digest of grain, flour, and commodity prices across New York Chicago St Louis and Liverpool plus railway notes from Atlanta. It covers wheat No 2 red prices oats corn and lard quotes, Liverpool spot wheat and corn, and railway executives at the Southeastern Passenger Association meeting. It also notes the New York and Florida limited fastest 1000 mile train and concerns about General Passenger Agent Harman's health.
Laura Evans, a saleswoman at John Wanamaker’s, received 12500 dollars in damages after suing Louise W Wright also known as Louisa Wernle for scandalous charges and wrongful discharge attempts. Wright did not appear in court. Evans testified tearfully. Wright reportedly holds 77090 dollars annual income from an estate and owns property in Asbury Park and Ocean Grove.
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