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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Mar 13, 1915
Page
12
New York reports a quiet morning, later turning easier with a near steady close after heavy liquidation and spot selling. Prices slid, with October offerings rising as the market faced bearish supply data and export restrictions amid Mexico events and southern spot demand.
European demand for cash delivery and the May option kept wheat higher after a government report showed a drop in milling supplies. Corn rose about 5-8 cents, oats 6-8, and provisions slipped slightly. Hog price strength supported grains while distant packing demand limited gains.
Liverpool Cotton notes a steady spot price with middling at 6.48 and a 4.77 quotation for other grades. Report cites 7,060 sales and 28,000 receipts amid speculation and market activity. Figures appear partially distorted but show Maystone and December to February terms and dates.
The weekly cotton statistics show 76,000 bales to mills, of which 54,000 are American, with imports totaling 1,064,000 and 14,000 American. The Boston market notes steady to firmer tone with fair business, while worldwide markets show upward tendency. West purchases described as desultory. prices for unwashed and scoured cotton listed with measured values.
A black woman and her child died in a blaze set by unidentified persons after kerosene was poured on a home. Joe Perry, his brother John, and another man were injured as the fusillade struck the burning house ten miles from the area. Sheriff Royster rushed to the scene as authorities investigated this grim incident dated March 15 in North Carolina.
Athens March 12 Special four Thiels Service Company detectives from Atlanta employed by the Athens police committee turned up blind tigers in Athens. One officer pleaded guilty and was sentenced by Judge West to seven months in the county jail, with costs about 50 dollars. He had filed six cases later, resulting in several convictions.
Decatur Georgia enforces separate work camps for Black inmates and leases twelve white convicts to Gwinnett County due to small white inmate numbers. Commissioner BR Freeman announced the plan citing upkeep costs and county burdens.
Lyerly Georgia March 12 Special Io Chattooga Superior Court sentenced Will Reynolds and Robert Green to fifteen years in the penitentiary after pleading guilty to burglarizing J. H. Rathiff & Co.'s Holland store last fall.
New York, March 12. Cotton traded more actively over the past week and prices rose toward the season's high, supported by covering, buying and renewed demand from investment sources. Trade moved to avoid disruptions in shipments, with assurances contracts could be filled and exports shipped if cleared before April 1. Southern markets saw heavy clearances and firmness, while bets on reduced southwestern acreage and fertilizer costs underpinned the advance. Some selling and forecast of April export declines occurred, but overall offerings remained light and prices stayed within 16 to 26 points of the peak. Domestic spinners showed improved demand as spot houses hedged against mills sales.
A fragmented market bullet lists No 2 wheat with various bid prices and futures, plus No 2 corn and oats quotes. It cites locations like St. Louis and Kansas City with dates around March 12 and March 17, showing multiple grade references and unusual figures such as $1500.50 and 5738 for No 2 white.
Cotton prices show steady mid dling at 5.43 in Atlanta with diverse daily figures from New York to Wilmington. Across cities including Savannah Charleston Norfolk and Philadelphia, receipts, exports, stock totals and daily sales vary, with weekly and seasonal totals indicating broad movement and regional activity in mid March.
New York reports indicate a reaction in cotton markets as traders doubt a sharp drop in acreage. Buyers who bought low worry about carrying a large surplus, while export movement remains strong and spinners show limited accumulation. Market activity, though quiet, sees firm yarns and raw material markets with steady demand and futures quiet.
Bradstreet's weekly summary notes mixed signals across markets with unsettled weather and small lot buying dulling some sectors while heavy manufacturing grows, shipbuilding expands, and winter wheat prospects improve. It records $2,609,778,000 in bank clearings, a 19 percent drop from last week and 11.3 percent from the year prior, and notes 385 business failures for the week.
New York March 12 The Southern Railway company directors today decided suspend the dividend on the preferred stock ordinarily payable in April In October last the directors declared a dividend at the rate of 4 percent payable in five years stock after the suspension of the dividend the stock fell from 5 to 5 The Lions-Myhefield Steel and Iron company directors deferred payment on the regular quarterly dividend of 7 percent on the preferred stock Three months ago a serious dividend at that rate was upheld Up to that time the company had an unbroken record of preferred dividend payments since 1905 The virtual report of the company for 1914 issued recently showed a large depreciation in earnings.
New York March 12 Coffee futures advanced on expectations of limited spot demand and Brazil’s steady exports to Europe. Opened up several points and closed near the day’s high as Brazilian port receipts showed activity. Rio No 7 77 Santos No 4 % traded with firm cost and freight offers. Brazilian port receipts totaled 47 000 for the week. Victoria reported 39 000 bags for New York. Futures at a glance show August, September, November and December positions with modest gains.
New York March 12 Cotton seed oil steady on March shorts and local buying as markets closed steady with slight gains in March futures. Spot and futures quotes varied with minor changes across months. London copper and tin prices noted, while other metals remained steady or unchanged.
Chicago and other centers report cattle and sheep receipts with mixed prices. Cattle tops seen around 8.05 to 8.78 per cwt for prime and western steers, heifers 3.30 to 9.07, calves 4.50 to 10.00, and stockers 4.00 to 6.50. Sheep steady with yearlings near 7.80 to 9.15, lambs around 7.00 to 7.80. Kansas City and St Louis show similar ranges with steady warrants and mixed cattle runs.
Fragmented OCR notes showing naval stores terms, turpentine sales, and shipments. Mentions Roan shipments and prices, Wend D, bundles, and various monetary figures, with references to window glass and a set of cryptic codes and numbers. Data appears as a ledger snippet rather than a narrative report.
Quotations for groceries and supplies from Ogtesby Grocery Company with detailed price ranges for meats, canned goods, dairy, and staples. Includes traded items like flour, grains, seeds, canned foods, and condiments. Also reports Atlanta live stock market and provision market prices, with cattle, hogs, and dairy product quotations and market commentary.
Forrest & George Adair announce four business leases in the Hayden building on Marietta Street, including a C. A. Smith Roofing Company store and King Poster Mounting Company, with additional leases to Michelin Tite and Elaborated Roofing. Three residences also leased. new permits total 21,074 dollars amid optimism for rapid building, along with numerous lot, line and mortgage actions and plans for Knox Apartment at Piedmont and Third.
A compilation of property transfers listing numerous deeds with buyers and sellers, street locations, parcel sizes, and dates ranging from 1909 to 1923. Included are cases of quitclaims and mortgages, along with building permits for dwellings on Fairview Road, Courtland Street, and other Atlanta streets, issued to various contractors and individuals.
Sugar futures opened firmer in New York amid anticipated English embargo and stronger demand in the spot market. Midday prices rose 20 to 11 points, with refined and confectioners grades up, and several contracts trading higher into afternoon trading. Cash pork and lard prices in Chicago shown at market levels.
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