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Atlanta Georgian in Atlanta, Georgia

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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Atlanta Georgian

Location

Atlanta, Georgia, United States of America

Date

Jun 27, 1913

Page

4

July Drops On Heavy Notices In Cotton Market

New York June 27 The cotton market opened dull with first prices near unchanged to 5 points lower. Buying later caused recoveries while notices, about 20 000 bales, influenced sentiment. Liverpool interests reportedly hold a local stock, and traders expect further advances once notices clear. Near positions closed modestly down, July at 11 95 and October near 11 43. Estimated receipts vary by port.

New York Liverpool Journal of Commerce Texas Oklahoma

Liverpool Cotton Market Opens Lower on July Positions

Liverpool June 27 in the morning session the market opened four points lower on July and two to five points lower on other positions yet shows a quiet steady tone by midday with near months down seven points and distant months three points. Spot cotton remains dull with a five point decline as Middling quotes at 6 754 and sales around 7,000 bales. Total imports reach 8,000 bales including 7,000 American as tenders and new dock etts.

Liverpool

New Orleans Cotton Letter Reports Quiet Market

Weather conditions remain good with scattered interior showers and a warm night in New Orleans. The Liverpool market fell 5 points with 7 000 bales traded while July tender activity from New York was largely stopped by McFadden. The New Orleans market around 11.53 for December shows little trading activity.

New Orleans Liverpool New York McFadden

Cotton Market Opinions From Leading Firms

Morris, Rothschild & Co. continue to advise the constructive side of cotton while Miller & Co. holds optimistic views. Norden & Co. does not foresee any decline and recommends buying on any minor dips. Logan & Bryan favor par on recessions, Hayden, Stone & Co. expects no decline until crop details are known.

Morris, Rothschild & Co Miller & Co Norden & Co Logan & Bryan Hayden, Stone & Co

Spot Cotton Market Summary Across Cities

The report lists varied cotton middling prices by city with many steady readings. Atlanta shows middling 12 189s, Athens steady around middling 11, New Orleans middling 12 and Philadelphia around 12 55, with several markets quoted quiet or nominal.

Tlanta Athens Acon Orleans York Philadelphia Boston Liverpool Savannah Augusta N.rfolk Galveston Garleston Mobile Whlatington Latte Rock Baltimore Memphis St. Louis Houston Louisville Furnr Lotte Greenville

Cotton crop prospects from Texas to New Orleans

The Journal of Commerce reports generally good cotton conditions across Texas and Oklahoma with healthy plants, good stands, and adequate rainfall though some moisture gaps remain. Growth is slowed by cool nights and appears about a week late. Boll weevils and lice show minor damage. prospects vary by region with forecasts pointing to earlier than last year and potential for a strong yield if favorable weather holds. Local buyers and foreign houses show active trading while observers split on east of the Mississippi due to divergent weather outlooks. First bales expected in San Antonio district by July 16 and by the extreme southern belt shortly after. traders anticipate substantial tendered bales and steady demand from Liverpool buyers.

The Journal of Commerce Texas Oklahoma New Orleans Times-Democrat Wilo Mississippi Fort Worth San Antonio

Spinners Show 21000 Bales More Than Last Year

The weekly American cotton visible supply fell by 138075 bales from the prior period, with larger declines year over year. The World's visible supply totals show a drop, while spinners takings claim a gain of 21000 bales over last year, and weekly interior movements reflect receipts, shipments, and stock changes across 1913, 1912, and 1911.

SS Aou Orland

Miller-Cotter Cotton Letter Shifted by July Notices

Memphis report notes about 20 000 July notices, market remains narrow. Crop condition steady but rain needed. unsettled western weather forecasts trigger early selling. Pending the Government report, expect narrow fluctuations with price direction tied to crop developments.

Weather forecast for Florida and southeast shows rain

Washington June 27 There will be showers tonight or Saturday in Florida on the east Gulf coast and in the upper Lake region and this afternoon in the North Atlantic States. Elsewhere east of the Mississippi River generally fair to night and Saturday. Warm weather continues east of the Mississippi for 36 hours with various local showers in the south east regions.

Wun Washington Florida East Gulf Coast Upper Lake Region North Atlantic States Mississippi River Georgia Virginia North South Carolina Alabama Mississippi Tennessee Louisiana Texas

Stocks End Flat After Dull All Day Trading

New York June 27 Union Pacific rose at open on big-house buying in New York and London but Mexico City news of a receiver for National Railways System pressured gains. Many issues fluctuated, with United States Steel and Reading mixed, New York Central slipping. by close, most guides were steady with a listless tone and governments and bonds steady.

C. W. Storm New York Union Pacific London Mexico City National Railways Amalgamated Copper Lehigh Valley Harrimans Canadian Pacific Mexico New York Central National Railroad of Mexico Second Northern Pacific

New York Stock Market Daily Prices and Totals

Today the New York Stock Market reports the highest and lowest prices across listed stocks along with closing values. The data includes the previous close as a reference point to gauge daily performance.

Money rates steady as time money in New York market

Money steady at 1 percent with time money unchanged for 60 days at 4 percent 90 days at 3?4 percent or 4?5 percent six months at 5 4 5 percent. Posted sterling exchange at .20 4.8750 with bankers bills at 4.8670 for demand and 8290 for 60 day bills. Prime mercantile paper unchanged.

New York Sterling Exchange Prime Mercantile

Bar Silver Quiet in London and New York Markets

Bar silver prices were quiet in London at 26 13 164 per ounce. In New York on June 27 commercial bar silver traded at 58 1 2 per ounce and Mexican dollars at 48 per ounce.

London New York

Mining Stocks Opening Prices Reported in Boston

Boston June 27 opening mining stocks show North Gutte at 24, Arcadian 90, Indiana 314, uwska 9% with the market indicating steady activity for the session.

Boston North Gutte Arcadian Indiana Uwska

Atlanta Markets Egg and Produce Prices Go On Display

Fresh country eggs at 26c per dozen lead a lively Atlanta market report. Butter in 1 lb blocks sells at 2740c with fair demand. Poultry prices show drawn head and feet on hens 19c, fries 25 27c, turkeys 15 17c, live poultry hens 40 50c, roosters 30 35c and other fowl. Fruits and vegetables include lemons to 7.50 per crate, bananas 2c per lb, cucumbers 1.25 1.50 per crate, onions 1.90 per bag, and peppers to 1.50 per crate. Fish and flour and grain lists cover a wide range of prices from bream 10c per lb to various patent flours around 6 7.75 per sack. Continuous commodity updates reflect regional supply and demand.

Jersey Virginia Florida

Reports of Wool Uses

Reports indicate wool trading remained quiet yet dealers in the West show firmer tone. Receipts in Boston are down from last year as the territory clip is being cleaned, much of new wool moved on consignment. Prices and figures are unsettled with tariff status preventing clear improvement. weekly sales near a million pounds with foreign wools scarce. Domestic receipts total 4,465,184 pounds for the week, vs 3,563,127 prior week, with 3,178,282 domestic and the year-to-date totals 141,526,048 pounds.

Boston Ann

Chicago Board Breaks Precedent Closing July 5

News from Chicago reports the Board of Trade will observe an extra holiday on July 5, a rare second holiday in succession. The New York Stock Exchange governing committee also planned to close July 5, and the Cotton Exchange will join in a triple holiday, signaling a broader shutdown of the financial district.

New York Chicago Board of Trade New York Stock Exchange Cotton Exchange Financial District

Cotton Seed Oil Market Rises on Demand in New York

The cotton seed oil market in New York climbed as demand from old crop shorts and broader speculation pushed prices higher. It was the first tender day on July, though none had materialized yet, with some profit-taking on the advance.

New York

Wheat in Jim River Valley Reports Thin Stand

W. B Snow wires from Jamestown North Dakota that wheat in Jim River Valley shows thin stand yet green and growing vigorously. The season’s balance is good with potential for a large yield, though not equal to last year. Rainy weather and ample moisture are helping crop prospects as central North Dakota reports general rains.

Chicago Jamestown N. Dak Jim River Valley

Wheat and corn futures rise on shorts squeeze

Chicago market notes sharp corn advance on hot southwest winds and a Coburn report placing corn at 85 in a large 6,889,000 acre area. Wheat also up with losses in late session profit taking. Oats firm as shorts cover. provisions ease. Foreign selling linked to Russia prospects and early delivery hopes.

Chicago Shorts Kansas Coburn Agricultural Bureau Russia St. Louis

Chicago grain quotations June prices steady

Chicago cash quotations show a range across wheat corn and oats with No 2 red wheat at 93 96 cents No 2 yellow corn around 62 2 per bushel and oats fractionally higher at 41 42 cents per bushel in a quiet trading day with standard prices noted for various grades and winter wheats.

St Louis Wheat and Corn Prices Report

St Louis quotations dated June 27 list grain prices for various grades. No 2 red wheat 97 to 94, No 3 90 to 95, No 4 red 85 to 90, No 2 hard 89 to 64, No 3 hard 88 to 88 4. Corn values span No 2 64, No 3 61 to 62, No 2 yellow 61 to 62, No 3 62 to 62 percent, No 2 white 63 to 42, No 3 white 6 percent, oats futures shown, rye 62.

ST. Louis

Liverpool Grain Market Report

Liverpool June 27 wheat opened 44d lower at 1 30 pm, market unchanged to %d lower, closed %d lower. Corn opened unchanged at 1 30 pm, market unchanged to 4d higher, closed 4d higher.

Liverpool

Modern Miller Crop Report Harvest Progress in Missouri

Modern Miller reports wheat harvest advancing under favorable conditions in St. Louis area. Week saw numerous rainstorms that delayed harvest in small patches but caused no major damage. Yields meet or exceed expectations with thrashing improved. farmers expect to market wheat freely in July and August if prices stay reasonable.

ST. Louis

Livestock Market Reports From Chicago and St Louis

Hogs receipts 20 000 in Chicago with mixed and butchers pricing between 8 45 and 8 75 per cwt. Cattle receipts 1 500 with beef steers 7 40 to 9 10, cows 3 55 to 8 40, stockers 6 25, Texans 6 50 to 8 50, calves 8 00 to 9 50. Sheep receipts 12 000 with natives 3 75 to 6 00 and lambs 5 25 to 8 65. At St Louis cattle 1 500 with beef steers 5 75 to 8 75, calves 8 00 to 9 50, Texas steers 6 25 to 8 10, hogs 8 75 to 8 85, sheep 6 00 to 6 50 for yearlings and lambs 7 40 to 8 11.

Chicago Clower ST. Louis Texas

Also Mentioned on This Page

Josed Magia Hayward & Clark's Daily Cotton Letter Ae Ao Jn Leas Sos Gses Éahia Charleston Wilmington Norfolk Newport News Emphis Cincinnati the Rock Mitchell and Parrott Cone, Hubbard Mitchell Hubbard Norden Randolph Hooper Weld Dick Bros. Ig Robert More Eele John McFadden Dallas Hayward & Clark the Weather Candisiang New York Stock Market Agricul T.T Atchison Beth. Steel B. KR. T. Eevee Can. Pacific Cen Cole Gen. Electric G. North LL Central Interboro Iowa Central K. C. Ss L. Valley Mo. Pacific N. Y. Central Northwest Nat No. Pacific S.sheffield So. Pacific Ek So. Railway St. Paul Texas Pacific Third Avenue U. S. Rubber U. S. Steel Do. Pfd Utah Copper W.C. Chem Wabash Union N Ca Maryland W. Electric Teen W._ Central Ales Money and Exchange Atlanta Postell Omega Carter Sunbeam Natantan Spotato Gettysburg Reunion Southern Railway Hearst Hearst’s Sunday American Atlanta Georgian East Alabama ST Peachtree ST
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