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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jul 04, 1914
Page
12
The cotton market opened weak with heavy selling and lower prices. October contracts fell to 12.13 amid favorable rain reports and improving crop prospects, while late trading saw some cover and irregularity but closing prices remained steady.
Chicago July 3 Disquiet over possible black rust damage in forty eight hours kept wheat futures largely bullish. Corn and oats declined with pork leading pork and provisions turning lower, while oats and corn hedged. Coffee market steadied with private Brazil finance reports lifting sentiment and futures showing modest gains. sugar and raw sugar in New York closed steady as a broad market backdrop persisted.
Hubbard Bros. & Co notes easier forenoon markets due to scattered showers in Oklahoma and Texas. Prices declined on liquidation and southern selling but steadied in afternoon as demand returned. rain improves crops, yet traders warn of backward crop and possible lower prices after the holiday if more rain comes.
York and Memphis reports show cotton seed oil futures fluctuating around unchanged to higher as July delivery periods edge up. Liverpool weekly cotton stats cite American shipments and imports, while Boston wool markets drift after suspension. Kentucky and Missouri livestock prices also noted amid mixed demand.
New York traders saw gains in speculative favorites as early activity rose on hopes of closer admin financial understanding. Prices then cooled, closing with a firm undertone amid mixed volumes and a London buoyancy. Banking and Panama coupon bonds drew attention with notable weekly shifts and reserves data from New York clearing houses.
New York reports a volatile week in cotton with the government crop report showing improved prospects but overall below ten year average. Prices fell sharply on speculation while spinners bought on declines and traders eyed favorable weather and pending spring lines. Chicago and St Louis markets echoed steady receipts and mixed livestock and grain activity as farmers prepared for mid month trading.
Market reports show live stock prices with steers at 6.25 to 6.50 per 100 pounds, cows 5.00 to 6.26, and lambs 7.50 to 8.26, alongside mixed grades and dairy types. Grain and feed quotes list flour sacks, meal, corn, oats, hay, and various Purina feeds, with notes on steady or lower demand and moderate receipts.
New York July 3 Bragatreet's tomorrow sill say That good to excellent crap reports, quieted alliiutive trade and dull or de pressed Industry and manufacture aia the palient features in this week's advances The improvement shown by cotton dark, June added to contined good weather for Gorn, outa unt winter wheat, mada, the general crow advices the best of the yea r. undead, for many years past, though he tobacco and possibly spring wheat, may not meat miler sanguine on the spotland. Olatel ulive urndeviated fouket ae the midyen holidays appranched, but lena wan 4 goced month in actual sums both by wholeasalare And retailers, copertally In dey goade, wear- Ine apparel, groveries and miilingry. For the week Failures 243, again at 344 aut year, Wheat exports $ 700,987, against 2591,923, bank clearings $0.724,241,000, an increase 'of AS per cent.
New York and nearby markets show steady receipts and unchanged prices for butter eggs cheese and poultry. Arkansas Oklahoma Virginia and Missouri markets report modest shifts with fowls turkeys and western chickens listed at varied rates.
Fragmentary entries list receipts and shipments with figures for rovingiem and stock, including prices for fiber products and window glass. Text references dates, locations, and quantities in a rough archive style, but many terms are garbled leaving uncertain specifics.
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