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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jun 25, 1905
Page
6
Market reports show cotton futures rising on late cables and favorable weather, with New York and Liverpool quotes firm. Spot demand steadies as rains aid crops. New Orleans and Manchester sectors note volume and export activity, while analysts warn of potential profit-taking and the need for cautious stance.
Stock listings from the Ak Adams Express era show extensive figures across many firms. Major names include American Car and four, American Cotton, American Express, American Ice, American Locomotive, Anaconda Mining, Atchison, Atlantic Coast Line, Baltimore and Ohio, Brooklyn Rapid Transit, Canadian Pacific, Central of New Jersey, Chesapeake and Ohio, Chicago and Alton, Chicago Great Western, Chicago and Northwest, Chicago Terminal and Tran, Consolidated Gas, Corn Products, Delaware and Hudson, Denver and Rio Grande, Distillers Securities, Erie, General Electric, Hocking Valley, International Paper, International Power, Kansas City Southern, Louisville and Nashville, Metropolitan Securities, Missouri Pacific, National Lead, New York Central, Norfolk and Western, North American, Pennsylvania, Reading, Republic Steel, United States Steel, Westinghouse Electric, Western Union, and Wells Fargo. Total sales for the day listed as 265,200.
In Chicago on June 24 official forecasts of clear west weather spurred profit taking and a bear tone in wheat. July futures fell to 0.90 1/2 to 0.91 1/4, with a weak close as selling intensified on weather expectations and ample cash demand. Oats and provisions followed the broader grain weakness amid rains in Kansas and the northwest.
A dense list of bonds and stocks with rates and certificates from U S and international issuer names such as American Tobacco Chicago and Alton Baltimore and Ohio Plains various 4s and 5s. It includes 4s 4s 45s and 4l 4s notes from Atchison and Chesapeake and Ohio and lines for Union Pacific and Southern Pacific along with railroad and utility names.
Southern Exchange notes general beneficial cotton rains with regional moisture needs in the Atlantic and Gulf, and reports of grass in some areas. Yexar shows crop improvement, Welh and Zapeta counties begin to open, but cultivation lags. Belts expect favorable conditions but heavy rains hinder progress. prices rise amid scarce code and strong trade. First foreign cables cheer markets, as Tivernoo-like tabs push opens and week prices grow on speculative demand amid adverse crop reports.
A fragmented price listing from Altinta Georgia dated June 24 shows various produce and fruit items with prices. Entries include icmatses fancy at 5.00 to 6.50, lettuce at 1.00 per crate, celery 1.50 per crate, Irish potatoes priced per bushel, and watermelons at 1020 per 100. The document contains garbled terms and inconsistent spellings, typical of an OCR extract.
Savannah reports turpentine steady at 60 with 300 sales and firm rosin and pitch prices across grades. New Orleans shows firm naval stores with rosin and pitch prices listed per barrel, windowglass and water white resin quoted, along with receipts and bid levels for turpentine. Rates for foreign finances and bills follow, with various exchange figures and maturities noted.
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