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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
May 02, 1913
Page
3
Cotton futures rose to intraday highs near 24 to 25 points, supported by short covering and favorable weather in the south. May and July contracts posted the day’s peak before retreating to near the previous close, with activity thinning after early gains and ongoing warehouse and speculative pressure shaping prices.
The report notes a lively market for cotton options and fabrics with buyers showing interest and prices varying. Goats are mentioned in a miscellaneous manner while a carpet auction and maintenance activities are referenced as part of the day’s events.
New York May 1 stock trading opened with gains in some sectors while others closed near the day’s open. Cotton futures show initial strength as traders weigh acreage and weather. Prices drifted with July and December contracts showing modest gains and losses across grains, metals, and energy sectors amid ongoing demand concerns. Street economists note volatility tied to expectations for inflation and supply stability.
Chicago reports indicate several large mills may shut soon due to weak trade, pushing closing prices lower by 5 8 to 3 4 cents. Corn slips 1 8 to 1 4, oats off, but provisions rise about 21 to 30 cents. Declines tied to expected Northwestern plant closures and bearish European crop news. strong heads from May deliveries limit losses. Primary receipts rise with 855,000 bushels of wheat, seaboard clearances 142,000. Prices show continued weak demand for U S corn abroad, with scattered rallies and softer oats.
New York May 1 the stock market surged after weeks of hesitancy led by Reading Union Pacific Steel and Amalgamated rising 2 to 3 points and Canadian Pacific up 6. The rally followed hopeful cable news from London and a cleaner market tone abroad.
Corrected price list showing Gernfield and Cornfield products across meat bacon sausage and lard, plus groceries with numerous brand names and prices from Diallo market. Items include ham, bacon, pork, sausage, lard, oats, corn, meal, and varied groceries with per unit and per case rates.
Prices for cattle hogs and sheep are listed with ranges for quality grades from Atlanta and reports from Chicago and St. Louis markets. Key entities include Wicker Bros, J. Grvata, Fort Valley, and various regional cattle and hog figures, with receipts and values showing steadiness and small shifts.
Reports on the status of national banks as of April 4 show large increases in loans and cash assets since February 4. Total reserve stood at 56,226,228 above the legally required level, with deposits and cash on hand rising despite some declines in other items.
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