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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jun 16, 1906
Page
4
The market opened with irregular tendencies and small mixed moves as investors, led by bear activity, pressed on options and short positions. News from New York shows cautious trading with calls for covering shorts and attention to loan rates, while cotton and commodity scenes reveal varying pressure and expectations for future moves.
In Orleans on June 15 Secretary Hester released the cotton movement report for the week before Dustneasody showing declines versus last year and gains versus earlier periods. The 5 day and season totals compare to prior years, with port receipts, overland shipments, imports, and foreign exports all noted, highlighting overall season movement and regional takings through June.
Lead and iron prices quoted in northern and southern foundries. Cotton seed meal and oil markets show steady demand in New York and New Orleans. Treasury balance and gold reserves noted. The trade situation shows cautious optimism with increased summer output and higher foreign demand. textile, leather, and machinery sectors report mixed activity and upcoming fall orders.
The report notes continued heavy feet preventing large stockpiles, with mid May activity surpassing prior records and May likely to set a new peak. Demand for hardware and materials remains strong, prices of commodities near record levels, and Wheat and Corn exports from the United States and Canada for the week ending June 14 show sizable year‑to‑date totals, signaling sustained export activity into July.
The Central of Georgia Railway sells tickets at greatly reduced rates for Tybee and Atlantic Beach. For reservations and city tickets contact City Ticket Omics at 4th 3 Punk Building corner Peachtree Fletta streets and Terminal station in Atlanta.
June 18 in Sleleken, stockholders of Kanaag City Southern Railway Company elected Mr Sleleken as chairman. The office of chairman of the non created and re elected to that posi tion. J F Lares was elected a member of the Mirecora board and as member and chairman of the executive, while Sleleken remained as chairman of the executive committee.
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