Stifled London demand disrupts New York stocks on January 20
New York buyers faced mixed signals as London demand and war scare chatter unsettled margins. Northern Securities surged in curb trading on news of a court ruling, while heavy selling pressed Union Pacific, Rock Island, Amalgamated Copper and others. Bond activity remained solid with steady Treasury and foreign exchange, and analysts noted a generally bullish mood despite intermittent profit taking.
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New York
London
Northern Securities
Supreme Court
Stock Exchange
Union Pacific
Snr
Southern Pacific
Eries
United States Realty
Burlington
Oregon
United States
Rock Island
Eacy
Cothran & Co
Copper
Pennsylvania
Wabashi
Market optimism greets several commodities on January news
Amid mixed signals from merger chatter and Russo Japan talks the day sees swings in Pacific rail stocks and soy markets. Turpentine and rosin prices hold firm in Savannah and Charleston with modest receipts and steady sales, while coffee and cotton seed markets reflect cautious optimism in New York and New Orleans.
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Southern Pacific
United States Supreme Court
Market Summary: Lard to Coffee and Produce Prices
A fragmented market report shows lard and pork steady in New York and Cincinnati with lard around 6.60 to 7.40 and bacon near 7.75. Coffee prices in Atlanta list Arwuckle’s 13.80 per 100 pounds. sugar 4.90, canned goods mixed, dairy and crackers varied. Georgia and Tennessee butter 16 to 18 cents, eggs 20 to 22 cents, poultry conditions improving with hens 35 to 37 cents, turkeys 7 to 18, onions 1.10 to 1.15 per bushel, cabbage 31/2 to 3-3/4 per pound, sweet potatoes 70 to 90 cents per bushel.
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Coffee and Sugar Markets Movement and Livestock Records
Coffee futures opened firm with small gains amid light primary moves and buying from Willstreat and European houses. spot Rio coffee steady, sugar and molasses markets listed with varied futures. Livestock receipts and prices fell in Chicago and Kansas City while cattle and hog markets showed slow to steady movement. Western and Southern states reported mixed results. Liverpool grain prices held steady in quiet trading. Maryland senatorial ballot results announced with several Democratic candidates leading.
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Inter
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New Hotel Planned by Dabney Scoville in North Atlanta
Dabney H Scoville plans a handsome new hotel near the post office on the north side to be called the Scoville. It will have seventy five to one hundred rooms and aim for occupancy by spring 1905 if he proceeds with his plans. Scoville has run the Marion hotel for seven years and intends to move into his own building when the lease ends. The Scoville would be a popular refined house catering to respectable guests at moderate prices. In his years in Atlanta hotel business he has built up a large reputation.
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Dabney H. Scoville
Postonce
Scoville
Local plans for new hotel near post office site
City and town discussion centers on a proposed hotel to be built near the new post office area. Several sites including Seaville and nearby Lola are considered, but no purchase has occurred yet.
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Allentele
Seaville
Inc
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