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Newspaper
Atlanta Georgian
Location
Atlanta, Georgia, United States of America
Date
Aug 06, 1906
Page
3
New York cotton market opened active and firmer with first prices around 67 points higher. Buyers included shorts and commission houses showing fair inquiry, while later trading cooled as weather concerns and insect damage were noted.
Fragmentary market notes show steady cotton prices in New York and Atlanta with 10 percent figures and bale counts. The report mentions delivery terms and fluctuations across New Orleans and Gale area markets, but legible details are limited.
The daily cotton letter notes a closed market today with tentative movements in futures and options. moisture and ground conditions affect activity, while early trading hints at shifts in price and demand. the London beet market remains closed.
The New York Sun notes a cautious near term strength in markets with AI-driven optimism and mixed signals from May outlook. Investors weigh favorable trading patterns against uncertain inflation impact as early June activity hints at cautious gains.
A garbled report reviews crop conditions across the belt with wind and rain affecting delta plants, notes boll weevil damage appearing more widespread in Texas, and mentions improving weather forecasts for the district. It also cites a Liverpool market round and a marked drop in bale activity, with scattered rain totals over six inches and dull bureau construction progress.
A fragmented Times-Democrat summary notes dull markets and cautious tone as analysts debate cotton policy and potential price shifts. Discussion cites France’s collapse as a metaphor for risk, with traders awaiting September receipts and market signals from mills and buyers.
The report outlines activity at the live stock market with notes on prices and trades. Traders discuss beets, peaches, and pears amid fluctuating bids and preparations for near term sales.
Market notes show unsettled activity in cotton seed oil with fluctuating interest and price indicators. Traders watch barrel offers and seasonal supply as figures around 511.34 appear in correspondence.
In a quiet session traders saw some gains across the list with a few exceptions. Automakers and rail shares strengthened while overall volume remained light and short positions were covered slowly amid cautious trading following Saturday’s close.
Local forecast reports scattered showers and varying clear spells from Cotton Belt to Georgia and the Carolinas. Temperatures trend warm to hot with humid conditions and a mix of sun and clouds across major cities including Savannah Atlanta Charlotte Greensboro Nashville and Chattanooga.
Readable fragments indicate variable winds and showers across Wheat Belt and Western Florida. Forecast mentions sunny periods in parts of Georgia and North Went areas with highs around the mid seventies and cooler nights.
Weather summary for Georgia Alabama and South Carolina shows a tentative forecast. The station notes briefly mention clouds and mild temperatures with potential changes later in the week. The garbled text includes references to region, forecast, and climate remarks by a meteorologist.
Cotton price range in New York and New Orleans shows varied trading. The market activity reflects regional demand and supply pressures influencing futures and spot levels.
In East Atlanta J W Robinson dies while heaver Moore aged 47 on W Pine Street Edward Richardson dies of asphyxia in New York City Pawa Jones aged 10 dies at 129 ft Street I tace J Dolan 63 dies at 22 Woodson Street Building Permits show one story hot frame dwell on Maple Alley and other new dwellings The week’s property transfers include sales and deeds around Houston Garten Street Wallnes Avenue and other local streets with warranty deeds and loans recorded for various residents and firms
The Atlanta Chamber of Commerce will consider the Lawrence substitute immigration bill at its regular Tuesday 4 pm session. House rules favor advancing the measure for a two thirds special order next Wednesday, aiming to form a state immigration bureau with adequate funds. The bill is tied to labor concerns and immigration policy.
The report covers grain provisions with emphasis on wheat and corn trends, prices, and trading activity. It cites strong buyers and short selling, mentions September corn, pork, Argentina wheat shipments, and rainfall effects, along with brief notes on weather and domestic demand.
The latest movement shows a rise in wheat for Whenat Recapty with boshels. contrasts with 263,900 boshels reported previously. Year to date figures indicate 175,000 bashels in one measure and a smaller total previously.
Wheat began fractionally higher as bears maintained long positions while buyers persisted. The market showed scattered selling with some notable speculative activity and mentions of supply figures and daily clearance estimates.
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