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Atlanta Constitution in Atlanta, Georgia

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Newspaper

Atlanta Constitution

Location

Atlanta, Georgia, United States of America

Date

Oct 05, 1902

Page

28

Financial Nerves Strain as Rail and Bankers Battle Plans

Financial maneuvering fuels talk of relief funds and syndicate deals. Secretary Shaw's aid, Northern Securities issues, and rail mergers loom large as bankers push high interest to hold gold, while Southern rail interests push expansion toward New Orleans amid stock market restraint and new railroad acquisitions.

Robert WN Walles E Woods Shaw Louisville and Nashville Atlantic Coast Line Atlantic Steamship Combination Nisis J. Fierpont Kers Aln Northern Securities Wigan Northern Securities Company Havif Southern Territory Europe Sterling Exchange Wder Aima New York Nis Zan Southern Railway Louisville and Nash Spencer Southern I London Queen and South‘way Southern Great Southern Control Rock Merl New Or New Orleans

Official range and sales of stocks data summary

Market notes list various U S government and corporate bonds and stocks with coupon details and prices. Entries include U S 3s 4s and many railroad and utility issues such as Atchison Chesapeake and Ohio Chicago and Northwestern and Missouri lines with prices around 43 to 50 and fractions, reflecting a broad mixed-issue quotation page.

U. S Cansole Central of Georgia Chesapeake and Ohio Chicago and Astor Cbs Atchison Toledo St. B Western Aco Saceeen Fe Baltimore Ohio Union Pacific Waitoo Canada Southern Cheapeake Ohtowh Wheeling Lake Hye Chicago Alcon Ind St. Santa Exat Sinets Chicago Great Western Adams Peene Bes Preferrer America United States Cilearo Northwestern Dente Wells Fargo Chievsa Pretfic St. Toute Amalgamated Copper Jorads Southern American Car and Foundry Delaware and Hudson Delaware Lack West Benase Abio Denver Rio Grange Anaconda Mining Brooklyn Rapid Transl Colorado Fuel and Iron Boda Great Northern Continental Tabacco Hocking Vaile International Paper Illinois Central International Power Gaga Lake Eple ABM Asta Louisville Nashvite Manhattan Mexican Central Zoo Minneapolis St. Krits Missouri Pacific Republic New Jersey Central Tennessee Coal and “Iron New York Central Union Bag and Paper Co Norfolk and Western Ontario Witer Pennsylvania United States Rubber Ie Ag A Ta Ao. Louis San Francisco Western Union Kansas City Southern St. Paul Virginia-Carolina Chem. Co Southern Texas and Pacific

English interests seek control of southern rail lines in new Orleans area

English interests led by Francis Pavy and Spencer pursue the Alabama New Orleans Texas and Pacific Junction Railways holdings totaling 528 miles through New Orleans Northeastern and related lines. The talks involve Morgan and Harriman influenced by Illinois Central and Seaboard moves with potential northern south rail integrations and Pacific expansion schemes.

New Orleans Alabama Vicksburg Shreveport Pacific Alabama, New Orleans Texas and Pacific Junction Railways Company Mr. Morgan Texas Mr. Spencer Francis Pavy Augustus B. Abraham Ti. Poughty Browne John Varley Charles Schiff Mr. Pavy English Corporation Spencer Southern Northeastern Meridian E. H. Harriman Illinois Central Southern Railway Alabama Great Southern Company Seaboard Air Line Company Morgan Seaboard Fndis Louisville Road Atlantic Coast Line Louisville Seaboard Northwestern Birmingham Burlington Maes Pacific Coast Orient Hill Harriman Union Pacific Oregon

Banks Decrease In Reserves Despite Shaw Ruling

New York October 4 bank statement shows banks did not use Shaw ruling allowing 25 percent reserve against government deposits. Deposits total 40,709,400, release of 10,194,226 reserve. overall reserves fell 2,503,200 and loans dropped 1,878,110 while public frosts threaten cotton markets in Atlanta.

New York Shaw United States Clearing House Sherry The Clearing House Association

Market Wrap Capsizes Amid Mixed Cotton and Metal Notes

The report details ongoing cotton market volatility with 7,000 bales traded and concerns over spot demand while frost forecasts weigh on sentiment. Nearby, prices drift lower on coal stock uncertainty after a Washington conference stalemate, with readings on wheat corn and oats showing initial strength then pullbacks as traders adjust to supply expectations. Metal trading is quiet with copper and tin soft and lead steady, as market watchers await clearer signals from Friday’s bank and government actions.

Arkansas S J. Paul London Washington Treasury Shaw Patten

Opened Higher on Wet Weather Hoard Trade Opens

Wheat and oats rise with corn leading advance as wet western weather spurs buying. December corn weakens late as profits exit. December wheat and oats slide modestly. Local receipts rise amid heavy rains. forecasts keep western grain movement uncertain. Provisions follow grains with mixed shifts and lingering demand.

Chicago Minneapolis Duluth Murphy & Co Broomhall West Middle West Wrenn Patten Maynard

Market price notes for flour and grains in Atlanta

October 4 Atlanta market report lists prices for flour and meal including old wheat Diamond patent 4.75, second patent 4.20, straight 3.8064, extra fancy 3.40, fancy 3.50, first patent spring wheat 4.75. corn white 4c, No 2 white 4c. oats white clipped 56c, No 2 white 48c, No 2 mixed 46c. bran 1.00, brawn shorts 1.15, white shorts 1.40. rye 8c per bushel. barley 1.25? per bushel. Quaker food 1.0. large hay 1.00, No 1 small 0.96, No 2 small 0.90. cotton seed meal 1.25 per 200 lbs. Hudnut’s grits 2.08.

Atlanta

Mixed Grain Prices Across Markets in Early October

Cash quotations show flour active in Chicago with various wheat and corn prices listed. New York and St Louis report mixed movements as wheat softens while corn and oats show firmness or weakness depending on spot and futures, with regional quotes from Cincinnati and others indicating continued volatility in staple grains.

Chicago New York Northwest St. Louis Cincinnati

McCullough Bros Fruit and Produce Letter

McCullough Bros Fruit and Produce Atlanta outlines seasonal impacts on market activity. Fifteen years experience notes warm weather boosts trade for growers and hurts jobbers as demand slows and prices rise, with apples in liberal supply and prices elevated amid broader market decline.

Atlanta

Also Mentioned on This Page

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