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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Mar 17, 1900
Page
2
New York reports a subdued cotton session with a 4 to 11 point opening decline, nerves eased as shorts covered and buyers returned. Closings show a net gain of around 1 to 6 points amid mixed overseas cables, with regional middling prices quoted across Atlanta New Orleans Savannah and Galveston.
Liverpool sells roots at below yesterday's quota amid strong cotton arrivals and higher prices in Britain. The week brings 923,000 bales into sight, down from last year, with world supply and exports discussed. Market notes predict competition for new crop in the south and caution against after hours trading.
New York March 16 Bradstreet s tomor row notes cheerful trade advices with strongest values in farm products and cotton while manufacturing materials stay steady. Wheat and corn reach the high points of the season on favorable crop prospects and speculative activity, with prices showing volatility as weather and growing crops influence future demand.
New York March 16 The stock market showed a dull tone with limited activity across most issues. Third Avenue N Yua held attention with a modest price range, while Suhr and Pacific Rail saw mixed moves amid cautious trading. Banks and treasury flow influenced sentiment as traders anticipated tomorrow’s bank statement and potential liquidity shifts.
Livestock quotes feature steers at 3.85 to 4.80 for Texas fed and general steers. hogs high at 4.50 to 5.02 with steady receipts. Cattle receipts around 1,700 at St Louis with Texas heft, stockers and cows priced between 2.25 and 5.75. Hogs 7,300 receipts in Chicago region with weak tone, natives 5.65 to 5.75, lambs 5.60 to 7.00.
March 16 naval stores report notes spirits turpentine receipts 7 casks firm. rosin unchanged with receipts 61. crude turpentine steady with receipts 4. tar firm at 1.2 with receipts 187 and exports 156. rosin unchanged with 7 and 7 etc. market activity described as firm with limited changes and exports noted.
Stock letters describe mixed early volume with gains in Granger group led by St. Paul and Burlington, then a late recovery. Southern exchanges report strong late rally in bonds and rails, Tennessee Coal and Iron improving, and a wary mood toward bank statements. Foreign markets show irregular changes.
Market notes from New York and Chicago dated March 16 cover oats, pork, lard, and meats with prices for No 2 cash oats, Cincinnati imports, and various cured meats. Copper and lead markets show firm or steady trends while pig iron, spelter, and other metal prices drift marginally. Regional quotes from St. Louis and Cincinnati accompany the report.
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