Cotton Market Shifts Amid Grand Jury Subpoenas and Weather
News from New York and New Orleans describes a choppy trading day in cotton with May futures down and then recovering, amid rumors of federal subpoenas to prominent bull feeders and reports of court actions against traders. Weather sentiment and limited bull support kept prices volatile as gains were erased and losses narrowed. Liverpool and London markets showed mixed movement, with shipments and receipts figures noted and regional expectations for the crop.
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New York
United States Circuit
Hom Pointe
New Orleans
Houston
Gulf
Wew
York
Liverpool
Hubbard Bros. & Co
Bute
Federal Grand Jury
London
American Securities
Wall Street
Denver
Rio Grande
Tilinola Gentral
Louisville and Nashville
Southern
Southern Railway
Wheat Rally Fades as Prices Slip and Market Weakens
Chicago reports show wheat fell sharply with July dropping from its opening high to around 1.00 a bushel, while September and other futures also declined. A late rally formed on a local acreage statistic, but May and other grains remained pressure, with corn and oats following wheat down and hogs and meat prices also easing amid strong arrivals. Car lot receipts include 16 wheat cars and 158 corn cars, with total grain receipts across Chicago Minneapolis and Duluth at 288 cars. Continuous price moves reflected broad weakness in grain markets and mixed livestock activity across several regional reports.
MENTIONED IN THIS ARTICLE
Chicago
Uberai
Shorts
May
Minneapolis
Duluth
United States
Ocean Passage
Market report shows mixed commodity prices and stock receipts
Bonds and stocks receipts range from 3.00 to 7.60 with losses. Hog receipts 1800 steady to 5 cents lower. 130 pound hogs around 39.75 with added value. Sugar, molasses, naval stores, and turpentine markets show varying prices in New York and Wilmington, with crude turpentine rising and shipments noted.
MENTIONED IN THIS ARTICLE
Chicago
Bt. Louis
Texas
Kansas City
Louisville
Naval Stores
Wilminegton
N. C
Wheat futures report with limited stock details
Historical market snippet notes No 2 red Winter wheat supply status and mixed American grain listings with uncertain figures. Mentions futures for July and prices in dollars, reflecting a partial, fragmented OCR read from a trade page.
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Duyera
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Cotton Region Bulletin
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Ofa
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Lchi
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Hanover Square
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THE
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