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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jan 28, 1915
Page
8
New York and New Orleans reports show cotton unsettled through most of the day with prices easing under liquidation and scattered selling. Closing values were steady to lower with net declines of 13 to 16 points. inventories at U S ports surpassed two million bales as demand remained tepid and Berlin market rumors swirled.
Cotton movement reports show steady prices across U S ports with middling grades around 7 to 8 percent in several hubs. Receipts for the day total over 70 thousand bales with exports and sales shaping the weekly and seasonal totals in New York New Orleans Mobile Savannah and other outlets.
Cotton goods were steady but not active today. Trade lines to be shortened starting Monday on staple printed fabrics. Canton flannels and wrapped goods were firmer. Men wearings were again opened. Fancy overcoatings and fancy silks rose 7 to 10 cents a yard. Laces and embroideries remained quiet.
New York January 27. United States Steel common dividend sparked radical revisions in financial outlooks as steel stock opened at 18 and stayed there amid light trading. Steel preferred fell, bonds weakened, and after hours the minimum price for Steel common was set at 42. Market wide declines followed for major groups while the Erie and Pennsylvania Railroad announced bond sales and bonuses.
Chicago January 27 steel traders report a broad market rise with wheat hitting new high records as prices advance 2 to 24 percent from last night. Corn, oats, and provisions gain, with strong late buying and quarantine orders affecting Illinois grain shipments, while cash Wheat lists varied quotes for No 2 hard and No 2 red fronts.
New York January 27 Special reports show a dull session with the cotton market under unsettled stock conditions after the Steel dividend news. Bearish local sentiment persists as southern sellers likely to press, while the west buys on declines. market closes at the lowest prices. HUBBARD BROS. & CO notes smaller volume and a moderate decline with steadying sentiment after late accumulation. southern holders willing to sell freely, risking further liquidity if trends continue. Jay, Bond & Co reports mercantile and financials. bar silver around 84 percent, time loans firmer, and demand cautious. New Orleans notes active buying in rice, Honduras, Japan, and clean rice markets, with prices steady for rough and clean Honduras and Japan, and modest pockets of activity in Poland?
Prices for groceries and canned goods listed with numerous items from meats to flours and feeds. Live stock quotes cover steers, cows, hogs, and pigs with price ranges by weight and grade. Also includes provisional markets for flour, grain, hay, and feeds with regional delivery notes.
Pitcher I G Pearson who pitched for the Jacksonville Sally league last season and was drafted by the Crackers has sent in his signed contract to Manager Smith. Fifteen players have signed or are to sign with more to come. signed list includes H M Heitz James Allen O W Bradfield Frank Robertson I O Pearson catcher H F Neiderkorn infielders Claude Potts W F Wopke H Coffey W W Waldron and outfielders Charles J Milz Don Flynn. Remaining signings include Elmer J Lawrence Eliett Dent T Carl Thompson Frank Browning Ed Manning R E B Coon D H Williams Dili Rumler Joe Jenkins A Jaroslok L M Tullos R Bisland H Eibel D Timeon Bowden George Kircher.
Y M C A announces classifications for three classes A B C in five events at Friday gym meet. Physical Instructor Franklin says the wrinkle should benefit entrants and attract a large audience. Events include 220 yard dash 12 pound shot put running high jump 7 yard dash and standing hop step and jump with specified class limits.
The Druid Hills club announces an extra qualifying round for its mid winter tournament to include all members. Qualifiers will be split into flights for a separate four week event, prizes include one golf ball per entrant with 10 for the flight winner and 6 for the runner up, and the rules follow the ongoing tournament while extending one week.
Chicago January 27. Members of the Chicago Federal League club will leave for spring training at Shrevport La on March 6. Eight or ten of last season's players will be traded or released but none were taken from organized baseball, said Manager Tinker.
Coffee steadies on scattered covering with little trade buying amid a Brazilian exchange rally. Futures in New York show slight gains. Rio and Santos markets steady. London exchange quoted. Across the plains, hogs and cattle receipts rise with unsettled prices in Chicago St Louis and Kansas City while sugar and copper futures move in London and New York with firm tones.
The Southern League adopts a $3,200 salary cap this season, down from $3,600–$4,000, and extends the playing schedule to about five months and fourteen days. Players earning $250 monthly last season would receive $1,200, but this year would net about $1,375, enabling clubs to reduce monthly pay while preserving season-long earnings.
The Winnebagoes defeated the Ottawas 24 to 8 to seize first place in the WMCA standings, with strong showings from J Graves Slate and S Warner. Mohawks beat Apaches 28 to 13 and Cherokees edged Comanches 18 to 13 in a trio of tightly contested games.
Chicago reports Bobby Walthour victorious in a five mile event. The meet features Frank Kramer defeating Ivar Lawson in a one mile cycle race at the International Amphitheater with a time of 2 32 1 5. Madden of the Bayview Athletic Club wins the one mile amateur dash in 2 02 handicap 46 yards and also wins the amateur gomile race. Dupuy of France wins the professional half mile in 0 52. Waithour of Atlanta wins the one mile motor pace in 7 50 2 6. The six day race starts tomorrow.
Tommy Long, previously with the Atlanta Crackers, will join the St. Louis Cardinals instead of the Washington Senators. Reports say Griffith traded the Rabbit to Miller Huggins for Picchet Hopper, a move seen as advantageous for both teams and for Long’s chances with the Cardinals.
International League leaders appeal for thirty more days to mail contracts amid a federal case that could dissolve organized baseball. Contracts must reach players by February 1 or they become free agents. The national commission has extended the mailing deadline to March 1 to allow time for business after the suit decision.
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