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Newspaper

Atlanta Constitution

Location

Atlanta, Georgia, United States of America

Date

Mar 08, 1902

Page

2

Financial Markets And Grain Trade Across Cities

London and Paris report currencies and bond rates with gains in American grain futures. Chicago tones show a cautious market as May wheat surges to 77 1/4 cents and May corn around 62 1/16 cents amid weather damage notes. Oklahoma Texas Indiana Ohio reported mixed conditions while export demand rose slightly, with authorities noting rainfall forecasts. Atlanta prices for flour and wheat are listed, alongside general commodity readings and currency exchanges.

Cotton Market Opens Steady Amid Mixed New York Trade

New York March 7 cotton market opened steady with prices two points lower and eased under commission house selling and bear pressure. May slipped to 29 and July to 8.85 before recovering. May hit 8.92 and July 8.96 as futures rallied on spurious support. Reports from southern spots firming and domestic mill demand still unsatisfied. Liverpool cables warned of Rayton mills cutting hours amid a trade dispute, causing brief heftier selling and later partial recovery. World prices, spot quotes across nodes like New Orleans and Savannah showed firmness at middling ranges. Liverpool market indicated demand fair with prices easier. Secretary Hester’s weekly and six-month analyses show movement in U.S. and Atlantic states edging higher overall, with notable increases in crop marketed and seaborne stocks.

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New Orleans March Cotton and Market Report Highlights

Market rundown shows bullish sentiment for cotton with strong ports in New Orleans and Liverpool. Weekly data reports include U.S. and Texas production, interior stocks, and imports, while commodity prices for coffee sugar and turpentine trend mixed amid uneven demand.

Market Outlook Flags Mixed Action in New York Trading

New York stock market opened with steady tone and quiet session. Colorado Fuel and Iron fell after late selling while American Copper rose about 2 percent. Rail shares were mostly unchanged or down with Missouri Pacific and New York Central noting declines. February trade reported imports up 5 percent and exports up 1 percent.

Allmec Eages Pretoria Speyers New York Anit Sunport Murphy & Co Colorado New Ilfa American Missouri Pacific New York Central Atchison Southern St. Paul

Wheat and Corn End Higher as Short Covering Sparks Rally

In Chicago and St Louis the grain complex moved higher amid light receipts and late short covering. Wheat No 2 red cash firmed to 83 1 2 cents. May 81 8, July 83 4. Corn No 2 cash steady 61 1 4. May 68 1 4, July 66 1 2. Oats No 2 white around 44. Flour firmer. pork and lard quoted higher in futures and cash markets. Market sentiment improved on no rain forecasts and favorable weather maps, with futures closing 5-8 cents higher for wheat.

Shorts Bsc St. Louis Chicago Cineinnatt Maren T Atlanta New York Western Steam Continent South America Lord Cincinnati

Metals Market Report From New York and London

The Metal Market reports firm traits in spot tin with prices near 26.35 and 10 tons sold at that level, London prices up modestly in copper and lead, and mixed quotes across zinc and electrolytic metals. London spot and futures close stronger, while New York and other markets show varied, mostly steady levels amid ongoing demand signals.

New York Spttin Lake London Goerser Scak Sean Southe Sowthern

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