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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jun 15, 1905
Page
4
The New Orleans market report shows cotton trading briskly with firm prices and a broad range of futures activity. Analysts note cautious consumer demand and weather factors affecting supply while several port markets report steady to firmer tones amid ongoing demand for middling and higher grades.
The report covers stocks and bonds with registered US issues, a run of certificates, and several railway and utility bonds. It notes cotton futures activity with engagement from buyers, and wheat corn and provisions trends, plus weather and market tone from Liverpool and American exchanges.
Chicago trading clung to losses across grains as July wheat slipped further while corn and oats posted small declines. Weather remained favorable for harvest with reports of higher receipts and ample supplies. In related markets, hogs and provisions eased slightly and spirits, turpentine, and other staples traded modestly, reflecting a cautious tone in the pit and light demand.
London reports for June list four consels for money and bank bullion balances at the Bank of England, with Paris rentes and London exchange rates. Washington Treasury balances show available cash and gold reserves. Liverpool grain market notes wheat and corn futures, with futures quotes and spot bids.
The Southern Exchange notes COTTO Liverpool cattle prices fell slightly at the opening amid profit taking and hedge sales by professional interests. A final decline was reported as prices edged back higher later, influenced by market activity and sentiment.
General showers covered most districts with heavy rains in scattered areas. Atlanta district saw less rain while areas along Pieridae South Carolina and Alabama experienced heavier downpours. Temperatures fell slightly across most districts.
Cattle receipts at Chicago and Kansas City show mixed demand with lower feeding and steer prices. Trade notes include prime steers around $6 per hundredweight and varied results for cows calves and stockers. the day ranges reflect steady to lower tendencies across regions with notable activity in hogs sheep and lambs.
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