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Newspaper
Atlanta Georgian
Location
Atlanta, Georgia, United States of America
Date
Jun 11, 1913
Page
5
In this column a worker denounces strict fines for being late while denying overtime pay. It argues such practices harm discipline, mirror tyranny, and fuel labor movements worldwide. The piece warns of impending legislation against unfair treatment and urges employers to act fairly or face consequences.
A July trading jumble shows mixed buying and selling as Street and Southern shorts cover, with rumors of a settlement unlikely. New Orleans weather and cotton prices shift amid speculation. analysts say bears have lost courage and July could settle higher despite bearish sentiment.
Market report lists cotton prices and stability across U S cities with rates for middling grades. Major centers including New York Philadelphia Boston Savannah Augusta Norfolk and others show quiet or steady trading while Liverpool remains firm on middling values.
The table outlines today’s port figures versus the same date last year, highlighting shifts in cargo volumes, vessel arrivals, and container throughput across major hubs. It shows factual differences without speculation, naming ports, dates, and relevant metrics to frame the comparison.
Washington weather report notes general fair conditions east of the Mississippi with rain along the South Atlantic coast. Temperatures rise tonight and Thursday across the Great Lakes Ohio Valley Tennessee and Atlantic regions while Florida remains partly unsettled.
New York traders note a steady open with cotton ring sellers led by Gwathmey and Sehill while Cone covered initial buys and then sold July after the market call. Weather favorable maps prompted selling, with scattered short covering as belt temperatures remained low.
The cotton market opened easier with July bids around 11.97 in New York and 12.23 in New Orleans as favorable weather outlooks and cooling temperatures influenced prices. Bearish reports from Cordill and Habersham King contributed to a pullback from early highs, with late session bids showing a steadier tone amid scattered demand from spot houses.
In Memphis on June 111 the market shows short interest greatly reduced with July contracts heavy. Liverpool reportedly selling some while early buying rises on low temperatures east. Warmer weather ahead and recent rains should spur growth, suggesting prices may drift lower absent fresh manipulation. The Sunday American promotes itself as The Market Place of the South and best advertising medium.
A detailed long list of markets shows prices for eggs butter poultry and live stock including Jersey creamery blocks 27 percent 30 cents per pound head and feet drawn poultry hens 16 to 17 cents roosters 8 to 10 cents and turkeys fat enough 15 to 17 cents. Fresh fruits vegetables fish flour sugar coffee rice lard salts and miscellaneous groceries with varied per unit and case pricing.
Chicago market reports strong cattle hog and sheep runs on June 11 with hogs near 8.50 to 8.90, cattle 7.35 to 8.90, calves up to 10.75, while St Louis sees steady to higher prices for native beef steers up to 8.75 and hogs 8.70 to 8.85 as receipts top 11 000.
The opening with a broad upturn sees Amalgamated Copper Utah Copper and other leaders gain while Canadian Pacific climbs to 2 1/4 as a strong tone and bears push prices later. Early gains fade as the session wears on with Chicago and North Western up modestly and Great Northern preferred slipping, call money at 2 percent.
Boston June 11 opening figures show North Butte at 23% Granby 53 Butte Paneer 20 Saineee and arenes 68 Fruit 152 Calumet 405 Zine 20 Alaska 9% with various fluctuations across the metals and mining shares.
The New York market reports firm crude Pennsylvania oil at 2.50, firmer turpentine, steadier rosin, and varied hoghs with hides and coffee showing mixed quotes. Dried fruits hold firm for select grades while potatoes and beans show dull tones. molasses and sugars show mixed movements across numerous grades.
Early trading shows modest gains as July contracts rise on renewed demand from refineries and scattered commission houses. Cotton seed futures edge up with August and September quotes. December slips, while overall activity remains modest and closed with about 13,800 barrels traded.
Six year-old Annie MacAntee of Philadelphia died from inflammation of the stomach after chewing the rubber core of an American League baseball knocked over the fence near Shibe Park. The report notes children collect balls tossed over the fence as trophies, leading to dangerous behavior.
The report presents New York Stock Exchange quotes including high low and close with prior close. Chicago commentary from Bartlett Frazier Co favors long on dips for wheat July, expects buying on corn dips, oats steady, provisions firm likely to rise. Chicago cash bids list various wheat and corn grades with prices.
Chicago June 11 Inter Ocean notes that large wheat sellers yesterday shifted to buying under 90c, absorbing available supply. Analysts see July as a favorable buy when prices dip below, while Texas grain dealers estimate corn at 200 million and wheat at 9 million bushels, with yields down from last year.
Chicago June 11 reports a strong close in wheat under aggressive buying from shirts and investors. Armour brokers traded 1,000,000 bushels of July and sold the same amount of September as cash markets show strength. Corn and oats also rose.
Chicago June 11 The grand jury report in Judge Landis federal court exonerates oleomargarine manufacturers of criminal conspiracy to defraud the government. It accuses Internal Revenue and Treasury officials of fault and says the frauds totaled about 2 million dollars rather than 1.2 million. Former Internal Revenue Commissioner R E Cabell is cited as not pursuing the facts.
Wheat prices were largely unchanged through 1 30 p m with openings steady and the market closing mixed, fluctuating between slight gains and losses. The session showed small movements with no clear trend as traders awaited fresh cues from external markets.
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