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Newspaper
Atlanta Georgian
Location
Atlanta, Georgia, United States of America
Date
Aug 16, 1906
Page
3
New York and Liverpool markets opened sharply lower with heavy bear pressure and scant buying support. Spot and futures at Liverpool fell as traders faced weaker demand, with closing declines and rumors of crop reports delaying any recovery.
Liverpool cotton market shows moderate business with easier prices. Middling uplands at 5c. sales total 5,000 with 600 Ameri fin and 300 American bales for free imports. futures Open Show irregular close.
Portable OCR fragment notes port receipts and exchange details. Key entities unclear. likely refers to daily shipping data, cargo volumes, vessel names, and dates. Unable to extract complete names or figures from the fragment.
New York August 15 reports a market lull with prices declining briefly after a long slowdown. The letter warns declines are artificial and driven by bear pressure. it notes crop reports remain uncertain and urges caution, predicting future developments may show if bear activity continues to dominate.
Fragmentary reports from Liverpool to New Orleans describe a bearish to weak cotton market with expectations of lower prices, short covering, and cautious selling. Prices open down and trade shows mixed signals as weather and demand influence futures, with several reports noting pressure from Liverpool cables and poor New York conditions.
The report lists numerous cities from Texas, Louisiana, Mississippi, Alabama, Georgia and Florida with notes of cloudy, clear, warm or hot conditions. Occasional rain and showers appear in Texas and Mississippi areas, while Alabama and Georgia regions show mixed sun and clouds with warm nights.
New York August 15. The stock market opened stronger and more active, with prices up across the board and London’s tone lifting early sentiment. Heavy buying at rising quotes pushed Union Pacific near January highs and Southern Pacific toward its 1902 peak, driven by expectations of dividend increases and initial payments.
Eastern belt temperatures were slightly lower than the west with moderate readings in all districts. Heavy rain fell in Georgia and Alabama, as reported in directorship notes.
The forecast notes a broad unsettled pattern due to low pressure, with barometers below normal across stations. Little change is seen except at Bismarck and Miles City where it is about 10 degrees colder. Thunder showers are possible tonight and Thursday in the region.
Ware and Leland report a sharp cotton price decline as Liverpool failed to follow yesterday's rally. January fell to 9.6 cents, December near with minimal rebound, and October broke through 9.41. Reports from the South cite better weather for development, but overall demand lacks support, suggesting further declines ahead. There is widespread belief that crop totals show unprecedented levels for the season, fueling cautious speculation.
Fragmentary news note on livestock trading and market figures. Mentions bull lots, prices around 5930 and 365 dollars, with scattered references to market activity and dates, but many garbled terms and missing context. Entities are partially readable, including generic market terms and a Western area reference.
New York August 15 markets opened with short covering led by banking and levee interests amid uncertain turnover. Analysts note leadership signals suggest banking influence gaining traction and expect further shifts as traders price potential late-day moves and dollar liquidity responses.
Washington report shows July exports of head stuffs 7.9 million dollars, cattle, sheep and hogs 2.6 million, provisions 15 thousand, cotton 9.59 million, mineral oil 048,406, total wax 41.19 million, with seven month totals for breadstuffs at 100.24 million. Cotton exports decline in volume but value rises to 70.68 million for seven months. overall exports end with July total 457.88 million versus 986.46 million last year. President Calvin of the Farmers' Union criticizes net weight cotton exports and profiteering by buyers, proposing reforms to eliminate weight deductions and net rotten bale practices.
New Orleans reports say Liverpool options fell irregularly with closing prices down up to nine points from the previous day, as spot quotations eased. Cables show free selling by continental buyers near ports, with demand easing for certain grades, and weather remains the dominant influence shaping near term prospects.
Paris dispatch reports William Jennings Bryan leaving the city for Madrid at noon. President Fallleres could not arrange an audience, and Bryan departed without a meeting. The exchange notes American travelers, with Bryan headed to Spain in a rapid diplomatic move.
A list of recent deaths and funeral services including Rosa Kelly Effie May South Lizzie Richards Linxie Richards Samuel L Land and others. Services occurred at Poole s undertaking parlors Barclay Brandon s Hollywood interments at Westview and Hollywood with pallbearers named for the Tuesday 2 16 gathering.
London Aug 15 Liberal candidate Mr Hennerde won the east division by election in Denbighshire by about 2500 votes. The result confirms a clear Liberal lead in the district and reflects shifting political support ahead of national polling.
Chicago and New York market wires report weak wheat near bottom and potential recovery. Corn and oats show activity with purchases and sentiment turning constructive. large December corn buying by Finley Barrell and other cash sales noted. Kansas wheat yield reported as second largest on record. US condition updates and export expectations influence prices.
Chicago reports wheat easing 5-3 quarters to 8 3-4 cents amid longs selling and bulls reluctant to buy. Corn declines near 9 cents, hog products rise 31 cents. Cash sales total 35 000 bushels with 265 000 bushels corn and 140 000 oats. seaboard date at 10 loads wheat and 6 loads corn. Primary wheat receipts 624 000 bushels and corn 463 000, down from year ago.
Fragmented OCR notes describe features about Northwest Cars, mentioning Minneapolis and timing around 1:30. Text is unclear but indicates opening lower rates or prices and a shift to higher figures. No clear names or events beyond general market reference.
The report notes rising activity in agricultural trading with large corn and bean figures. It cites expected yields and prices, mentioning totals like 235,000 bushels and 308 bushels per unit, reflecting a robust market despite weather and logistical factors.
Uy Private Lease Wire reports from San Antonio that numerous Mexican refugees, mostly with families, have arrived seeking safety. After securing their wives and children, the men intend to return to Mexico to face the upheaval and observe how events unfold despite the anti-American uprising being parentepee in Mexico for September 15.
New York Aug 15 The cotton seed oil market opened uncertain with August and September contracts holding firm while near term demand waned. Prices moved little as late deliveries showed small trading.
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