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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jun 17, 1914
Page
5
New York June 16 The cotton market opened weak then steadied with near months slipping and old crop rallies. July longs liquidated while weather reports and a bearish weekly weather outlook aided selling. prices closed near day lows with some 2 to 6 point declines and sales totaling 75.
Spot cotton prices show mixed movement with middling rates around 13 1 2 to 13 1 4 at several ports led by New Orleans and Savannah. Receipts, exports, and stocks vary by port while wider market sentiment in New York and London reflects favorable weather reports and anticipated crop conditions.
Favorable crop growing weather reported across the South except Virginia where drought persists. Weather bureau bulletin notes improved cotton outlook in central and western belts, while Kansas and Louisiana suffer heat and drought. Reports also cover tobacco setting in Kentucky, mixed grain prices in Chicago and St. Louis, and metals markets in New York and London with steady to quiet trading across various commodities.
Chicago reports a weak close as wheat prices fell due to increased hedging sales and early arrival of the new crop. Corn and oats also declined or held, while provisions dropped, with the warehouse statement showing larger stocks. Weather in Texas, Oklahoma, and the Mississippi area influenced crop prospects, and a section director notes mixed progress in cotton growth depending on moisture.
New York June 1 The cotton seed oil market weakened as July delivery faced heavy tenders and a drop in by products. Final prices moved little to slightly lower on October and roughly steady on the spot, with futures showing modest declines across the curve. Rams in July and August noted shifts as market activity remained cautious amid supply concerns.
A long listing from Atlanta shows rising prices on flour brands and self rising varieties, with per bag costs for White Lily and Swan's Down among others. Livestock quotes by W. C. White Jr. include steer and cow prices, with cattle receipts light and market steady to higher on several grades.
New York June 16 The opening session saw a definite downward movement across the stock exchange with selling increasing as the list showed susceptibility to pressure. Rumors about freight rate case decisions and Mexican negotiations fueled the decline while gold flowing to Europe lifted concerns about financial conditions. Copper demand rose slightly but European supplies remained ample as brass and bond markets showed irregularity and steady government issues.
In Augusta Georgia on June 16 the thirty fifth great sun session of the Improved Order of Red Men will convene here tomorrow with several hundred members from across Georgia. Notable leaders Grand S Stroberg of Macon and Robert T Daniels of Griffin along with George T Jackson Jack Milter and Thomas H Jeffries of Atlanta are among those attending. A barbecue dinner is planned Wednesday afternoon at Lake View followed by a red fire parade at night. Sessions conclude Thursday.
Gumesville Gy June 16 Special A L Sutton of Montgomery Ala arrested here last week on a bigamy charge. Requisition proceedings are instigated against him, with a hearing set for June. Governor Slaton signed the papers but Sutton’s attorney could not be in town today, delaying the hearing until later this month.
Memphis June 14 The jury selection for former Mercantile Bank president Hunter Raine charged with misappropriating 1091000 in bank funds stalled as 800 men summoned for special service were found ineligible. Regular veniremen remaining will be examined tomorrow and a special venire likely ordered for Friday. Seventeen veniremen examined yesterday.
Americus Ga June 16 Special Adal A Willett aged 109 years and a longtime Americus resident died last night at his residence. Though native of Connecticut he moved to Georgia in youth and served the Confederacy in the Civil War. He celebrated his hundredth birthday a month ago and was esteemed as a scholarly Southern gentleman. Death due to advanced years and general physical failure.
Waycross Ga June 16 Special Charged with bigamy R Dunn was lodged in jail on a warrant by his first wife from New Haven Conn she learned of a second marriage and says the second Mrs Dunn is valid in Savannah. She says Dunn left her in Harrisburg Pa in 1907 and hid his plans while sending clothing ahead to join him. Dunn worked for Atlantic Coast Line and refused to discuss the affair.
The seventh annual conven tion of the Georgia Phil Nd union met at the First Baptist church in Columbus with nearly one hundred delegates over a three day session. Miss Ya B. Lee of Brunswick presided. Welcome addresses were given by W. U. Pease Leat Christy for the churches Suchas Lewis for Sunday schools Charles Teague for the Baracas and Miss Lilian Pinnell for the Philatheas. Foy Mott of Americus gave the response. Committees were announced and a reception to the convention followed by the Tri-City union Baracus.
Rebecca Overstreet wins $10,000 in a suit over the death of son William Overstreet who fell from a Georgia Southern and Florida railroad passenger train near Valdosta in November 1912. The verdict cites alleged negligence in curve maintenance and lack of warning as the cause. The plaintiff sought $36,000 and plans indicate a possible appeal.
Mrs Ida Robinson, described as an aged woman, was severely injured when the buggy she rode in near Crump's Park was struck by an automobile. The car fled the scene with several men, leaving the victim and missing any attempt to identify the damages.
Dawson Ga June 18 Special Dawson's first chautauqua ended Monday as a heightful success bringing a week of real enjoyment to the community. Enough tickets were subscribed to ensure the chautauqua will be held again here next year.
Warm Springs Ga June 16. P D McCarley of Atlanta was elected president of the Cotton Seed Crushers Association of Georgia Ponder of Butler Ga vice president and EP Chivers of Atlanta secretary treasurer. Retiring president BL Bond of Royston Ga presented with silver services. Horace Lanier of West Point honored with a vase. Dr J Ruhnsen spoke on Take Er agivation as the session opened. The association debated urging state action and featured technical talks on cotton seed products and animal feed.
Bibb County to seek a 750000 bond issue to pay for a new courthouse school buildings county roads and concrete bridges. If approved by the legislature the bonds would be voted at the August state primary. The current courthouse is described as inadequate and a new building is anticipated.
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