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Newspaper
Atlanta Georgian
Location
Atlanta, Georgia, United States of America
Date
Jun 19, 1906
Page
3
A garbled report notes Keen crop months were strongest but July weak from liquidation. It references the New York, New Orleans and Atlanta markets with scattered mentions of farmers, cash rents, and government stock reports. The text is fragmented but centers on cotton market activity and regional price movement.
Dallas Galves te News reports a weather dampened cotton market with slow price moves and rainless Texas conditions. Acreage in the Dallas Galveston area rises 9.6 percent, while traders await further price revisions as mid-June reports note rains absent in Texas.
The Ware & Leland daily cotton letter reports a two day continuation of liquidation and selling of July while October and December show strong buying. July slips below October, weather damages from heavy eastern rains and Texas drought weigh on sentiment, yet conservators see no rush to sell new crop. The market remains scalping in character.
The June 13 early cables reference a generally weak market and cautious sentiment. Analysts note uncertainty about future demand as producers weigh supply and price dynamics, with commentary suggesting a period of limited activity before clearer trends emerge.
ATLANTA, CA. x MEMSBERe re Tork Stock few Orleans Catton bean Peart ¢ of Trade. Bee York Pelexne work tion Tork 'oiTae Orleans Board of ven en "Gatton tebange wetr see to all Kecal and Long Distance I Fela ow. Fi. FAGAN, Manager.
The New York market opened with-wide buying fueled by Pennsylvania’s Paris loan success. Traction merger shares weakened as Interborough movement faded, with Pennsylvania stock rising early but retreating, while common shares slumped about seven points and preferred nearly three by the end of the first hour. Strong buying pressure later steadied overall prices.
Government weekly weather bulletin notes cooler western areas and generally above normal temperatures in the south. Rainfall was scattered and light in central regions with wetter spells in eastern counties. Alabama districts saw moderate warmth and varied rain. In Georgia and other southern states, conditions mixed with cool periods and sporadic showers followed by heat in some weeks.
New York reports June 19 that drought conditions persist in Texas while rain soaks the East. The Times-Democrat notes cotton market tone shifting as moisture varies, with forecasts indicating continued unsettled weather and potential effects on crops.
The fragment notes a market report on metal prices with reference to an easier tendency. It mentions Gore and a short, incomplete commentary on market movement. Further readable details are not present to determine specific metals or figures.
Mr Lively has edited Markets in Atlanta and the South for five years. His experience makes him the most reliable market editor in the South if not the entire country.
Private wire reports show traders weighing a $20,000,000 5 percent loan and improved conditions as stocks face bear pressure. The day features weaker industrial averages, heavy railway declines, and cautious optimism for a higher close. Notes mention Daniel Odell & Co and Spader & Co, with Arthur Jarrott’s ascent of Arthur’s Seat described as the first motor ascent of the mountain. German firms struggle to fill foreign auto orders amid rising exports to England.
Grain prices and market notes show tension as buyers turn sellers for corn wheat and oats. Drought pressures favor holders in several regions while prices vary, with corner reports citing contract stocks and broker activity as traders assess supply impact and future moves.
Gilbert & Clay's Grain Letter notes trade in wheat and corn moved lower amid weather and ample supply. Underscored by firmness in undertone, traders await developments as buying on short wheat is favored for a expected reaction. Corn declines driven by heavy rains in Missouri and North Central regions and ongoing bull liquidation.
Openers show prices easing across grains with wheat down 1 to 4, corn and oats similarly lower. Provisions edge higher, cash sales moderate, and the world’s visible supply declines by about 2.9 million bushels for the week amid lower receipts and few heat disruptions.
Readable fragments describe a political primary movement with multiple candidates and a local geography reference. The note mentions two pictorials and several abbreviated terms, suggesting an early campaign snapshot. No clear candidate names or dates are readable.
Market reports show wheat activity at 1:39 p.m. with mixed buying and selling in provisions, ribs traded heavily early but buying later steadied the session. An odd note mentions radium research and a large American salt stock, while European spending on alcohol is cited against army costs and education.
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