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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Nov 16, 1905
Page
6
In New York trading on November 16 the cotton market fell sharply after a Texas crop estimate of 11 million bales and bear pressure. Wheat and corn futures dipped in Chicago and Minneapolis amid favorable weather and liquidation, with dry goods and cotton markets extending weakness despite brief firmer openings.
New York November 15 Stocks recovered amid renewed confidence in the money outlook. Rates remained high but less severe than on prior days as sterling exchange strengthened. Across sectors, notable moves included Strong activity in rail and oil shares, with bonds firm and a robust closing. Cotton markets showed mixed trends with broad bear pressure in Liverpool and New York, while cotton seed oil and meal prices edged lower in later reports.
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