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Newspaper
Atlanta Georgian
Location
Atlanta, Georgia, United States of America
Date
Jun 03, 1912
Page
3
Market optimism boosts Peachtree property value toward Ponce DeLeon with front foot pricing near 1000. Buyers seeking prime corner lots or those spanning streets gain a rare asset as demand grows. A handful of small Peachtree investments offer manageable, money making opportunities for young investors amid the rise.
Ralph O Cochran advertises a lot on the west side of South Broad Street between Hunter and Mitchell streets. The parcel has about 35 feet frontage and depth of 80 to 90 feet, improved with two brick stores. Price is 1500 per front foot with possible reasonable terms. Broad street is described as a bargain at this rate.
Property listing describes a 100 by 290 foot lot in Ansley Park on Park Lane near the playgrounds and golf links. Price set at 4260 with terms offered. Nearby 95 foot street noted as a feature. parcel runs to the play grounds and fronts the golf links.
Trains marked thus run daily except Sunday. other trains run daily in Central time. City Ticket Office located at No 1 Peachtree Street.
Chicago spot quotes show wheat across multiple grades ranging from No 2 red at 1.1146 to No 3 spring at 1.04 with fractional changes. corn values span No 2 at 74 and white variants around 76 to 79. oats list No 2 white at 51 and standard at 52, reflecting a mixed grain market.
Wheat prices dipped on rain in Kansas and Missouri with bearish India exports. Corn slipped 4 to 6 cents for deferred months while oats fell 1 to 4 cents and hogs and provisions showed modest shifts. Market overall failed to absorb offerings as rains depressed wheat and corn traded lower.
New York on June 1 reports the cotton market opening steady with a 2 to 8 point decline. Bearish private crop advices, good Texas weather, and longs liquidating before Tuesday government data push prices lower while New Orleans traders support spot demand. Liverpool market cited. volume light, fluctuations narrow. Close steady with 2 to 3 point drops from Friday.
The June 1 report from Hayward and Clark notes favorable weather developments and ample moisture in Texas, mixed Oklahoma signals, and a light, waiting market. Futures trading is quiet with small activity as investors await the June 4 bureau publication and monitor bullish pressure from New York.
A string of city market notes lists conditions in financial centers from Atlanta to Houston. Each entry notes the local tone steady quiet or nominal and the middling rate expressed in fractions and percentages, with several cities like Liverpool and Savannah marking unique holiday or variant readings.
Texas outlook is good, Oklahoma late and not all planted with cool wet weather delaying operations. Stands are good in Texas and poor in Oklahoma, with little replanting in Texas yet some localities needing rain. Moisture should last weeks, but Oklahoma season is two to four weeks late. Cotton stocks and ports are detailed, with Liverpool weekly statements and inland receipts showing shifts in export and stock figures.
New York June 3 The cotton market opened steady with first prices 1 to 6 points higher. Bullish cables were offset by the Giles report placing crop condition at 80.8 and acreage down 3.76 per cent. After the call, significant selling emerged while Futures held firm in Liverpool and spot showed activity.
American Tobacco leads early gains as prices jump to 276 while several peers like American Can and Rock Island show mixed moves. Copper issues swing with Amalgamated, Tennessee Copper, and Utah Copper fluctuating. Reading and Lehigh Valley retreat after initial gains. United States Steel steady then slips. curb market quiet and Canadian Pacific holds early strength.
Market activity showed stocks retreating as traders weighed family business signals and potential shifts in leadership. Analysts noted modest volume and cautious sentiment across major indices, with tech shares driving the retreat and utilities remaining steadier.
Chicago reports irregular wheat gains at opening amid nervous sentiment. Central west sees little Sunday rain, Nebraska remains dry while Kansas may receive showers. smaller western receipts. Corn slips 4 to 6 cents for near months, December steady. oats down 1 to 2 cents. Hog prices jump about 10 to 6 cents, provisions rise 10 to 12 cents.
W H White Jr reports slaughter prices across beef cattle and hogs. Beef steer and cow grades show wide ranges from 4.00 to 6.50 per cwt, with prime hogs and light pigs priced between 6.00 and 7.50, corn fed and fattened hogs noted.
Chicago markets report hog receipts around 1000 with mixed to higher prices. best heavy hogs around 7.10 to 7.50. Cattle receipts near 100 with steady trade. beves 6.90 to 9.30, cows and heifers 2.50 to 8.50, stockers 5 to 6.75. Sheep receipts 1 with native and western prices 5 to 6.60. lambs around 5 to 6.85. Pigs noted in brief.
June 1 market notes show dressed fowls and ducks with varied prices, butter firmer with creamery specials and near term process prices steady. Nearby whites and brown creams feature various grades, with firsts and extras listed among state and local offerings.
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