Realizing Pressure Pushes Cotton Prices Lower
Under heavy realizing, cotton prices closed barely steady with a net decline of 14 to 16 points. Spot cotton remained quiet as traders weighed futures signals and market demand.
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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Apr 08, 1915
Page
13
Under heavy realizing, cotton prices closed barely steady with a net decline of 14 to 16 points. Spot cotton remained quiet as traders weighed futures signals and market demand.
ATLANTA STOCK MARKET. By WB White the White broker reports cattle prices and grain quotes with bids for steers and cows, hogs and butchery hogs. Groceries and provisions prices listed, along with flour, meal, and seed costs. Market notes include labor and supply context in Atlanta.
Market totals show gains across sectors with specialty shares leading. Automobile stocks hit new highs while petroleum and fertilizer issues climbed. some leaders faded amid rotating gains. Banks remained active in money markets with commercial paper financing noted. total sales reached 2.17 million dollars with 24,300 shares traded.
Readable parts indicate Baldwin schools plan a rally on Friday at a courthouse area in Syril likely involving city officials or Mayors. The fragment mentions a picnic style gathering and a show of support or demand, with references to local leaders and a planned afternoon event.
A fragmented report lists various cotton middling prices, receipts, and shipments across multiple locations including Norfolk, New York, and Augusta. It notes interior movement, export activity, and firm turpentine figures, with scattered figures for bids and deliveries and references to several trading terms and stations.
Weather rains eased drought fears and triggered wheat drop while reports of a peace accord and rumors abroad influenced sentiment. Corn edged lower, oats fluctuated, and provisions showed varied movement with limited export demand shaping market tone. Trading noted seaboard demand for May wheat and caution as clearance data from Europe remained uncertain.
Washington on April 7 reports winter wheat surviving the freezing months with the largest acreage ever planted in the U.S. Prospects for a record yield were clouded by Hessian fly damage. The overall condition improved about one half of one percent from December, with a projected crop around 619 million bushels, up 39 million from December estimates.
Fragmented market report from Chicago and New York detailing prices and futures for poultry items such as fowls and chickens, creamery products, butter, and sugar. Includes mixed figures for packing, receipts, and nearby vs distant markets with scattered percentages and numeric codes.
A converted market report notes prices and trade activity with cautious buying and late rally signals. It mentions bond-like demand and sector shifts as traders monitor New York, Atlanta, and crude oil indices, reflecting tentative confidence amid uncertain guidance.
A battered Rice market report from New Orleans on April 7 shows unclear figures and scattered data. Fragments indicate receipts around 65 to 68, with obscure notes about Honduras and unnamed entities, leaving the overall trend ambiguous.
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