Cotton Market in Turmoil as Crop Report Sends Prices Soaring
New Orleans and New York reports sparked a dramatic cotton rally led by a surprise government condition index near 67.1, far above expectations. Prices jumped after opening, with daily moves of 135 to 148 points and broad buying across months, as traders priced in weather woes, weevil damage, and strong export demand.
Cotton Movement Reports Mixed Shipments Across Ports
Movements show Middling prices and stock levels across Charleston Norfolk Bathmore Boston Philadelphia New York and other ports. Interior movements list receipts shipments sales and stocks with totals and regional figures compiled by the Weather Bureau meteorologist note.
MENTIONED IN THIS ARTICLE
Eiobner
Charleston
Ick
Anles
Memphia
Augusta
Andling
Shipmienta
Alte
Atlante
Stonk
Atock
Dalma
Lida
Entes
Montgomery
Migaling
Orleans Cotton Market Ends At Upper Trading Limits
New Orleans August 1 The government condition index shows 67.1 percent of normal for the cotton crop, spurring a sharp rise in prices and a surge to the limit as traders react to the report.(H)
MENTIONED IN THIS ARTICLE
Cotton Region
Tienta
Lg Brations
Atlanta
Xatlanta
Cldy
New Orleans
Texas
Messes
North Carolina
Alabama
Georgia
Greenaboro
Tenneanee
Nashville
Renorte
Lalvannah
New Orleans Cotton Crop Totals Reported for Year End
New Orleans August 1 The commercial crop of cotton for the year ended yesterday was placed at 11,639,603 bales by H G Hester secretary of the New Orleans cotton exchange in an official statement. The figure, while rounded, reflects a year of high activity and aligns with market expectations amid fluctuating prices.
MENTIONED IN THIS ARTICLE
Hesver
New Orleans
H. G. Hester
He Trade Co
Grain Market Downturns Hit Chicago Prices Hard
Heavy declines sweep grain and provisions as corn leads losses amid rail strike fears and cost of living worries. September corn falls to 1.93 while December slips to 1.56. Oats and hogs follow grain weakness with mixed buy orders and ongoing export activity. Market讲话 notes severe midday drops and then renewed volatility across wheat and rye futures.
MENTIONED IN THIS ARTICLE
Chicago
Onte
Washington
Raina
Market roundup from New York and Chicago August reports
Mixed commodity notes show butter cheese and eggs steady or uneven with receipts and prices noted. Coffee futures fall on Wall Street weakness while sugars metals and refined markets drift. regional hogs, poultry, and farm goods listed with varied quotes and shipments.
MENTIONED IN THIS ARTICLE
York
Abe Seem
Chicago
Maork
Tgher Springs
Money Market Notes From New York Exchange
The report lists foreign exchange rates with Francs at a demand level around 88 and 7.29 for cables, Guilders near 843, Lire showing demand, Marks cited with fluctuation, and a general note on regulators and broad movement. The dollar is indicated at about 34 in this section.
MENTIONED IN THIS ARTICLE
New York
Ats
Cabies
Guilders
Gersane
Wall Street Opens Amid Clearing House Talk and Oil Share Buzz
Wall Street opens with hesitation after a day of supply concerns and speculation about a new clearing house for call money. Traders cover calls as rumored plans to stabilize rates surface, while Elmer Rogers and Vernon Mann dominate brokerage banks’ lending roles.
Weekly Cotton Review Confirms Government Report Shapes Market
New York August 1 The key feature of the week is the government report showing condition 67.1 the lowest on record and two points under expectations. The following price surge reaches the exchange limit with October at 34.95 December 5.18 and January 85c near season highs. Bearish tones persist on private figures and weather in the belt, while agitation against high living costs and weak Liverpool demand weigh on sentiment. Large scale selling by Wall Street western interests and local brokers ratchets down prices as traders view the report’s numbers as the crop picture rather than recent changes.
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Senrt
New York
Orleans
Orket
Yes
Georgia
North
South Carolina
Europa
Hubbard Bos, & Co
Bureau
Bnet
New Orleans
Bellahmesa
Hester
Saan
Intares
Rio
Santon
Fantom
London
Bravi
I Geeline
Threla
Jundlahy
FR. L. Barnum
Emisdslphia Public Ledger Service
Wall Street
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T Corporation
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Seeason
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Bartow County
Catoosa
Chattoaga County
Dade County
Lota
Small
Gordon County
Murray County
Paulding County
Finlde
Polke
Walker County
Whitfield
Mherekea
Clarke Coonty
Eindy
Cobh
Mack
Dawson County
DeKath Conrey
Hack
Andy Land
Nimnetne
Golle
Mose
Mlantine
Balla
Wandition
LIAO
Lomein Me
Dante
Mmilton
Ploenne County
Walton
Rome
White County
Ranka
Aart
Canation
Atoword
Conattion
Madiaon
Coba
Ogiethorpe
Bate
Kandy
Atenhore
Wakhine
Gres North
Mion
Ein
Tetera Am
Do. Ore
Marins
Rena
Adecrae
Tn Coweta
Donglea
Ehedding
Midvale Steel Ag
Leemattton
Crouse Gran
Confition
Henry
G. Sone
Macon
Marion
Meriwether
Fain
Fahor
Muscabee
Pike County
Schley County
Eran Mat
Glentutal
Tinton
Hell
Crawford County
Werd Rand
SBS
Stocks Steady In Late Session As Markets Turn Up
New York August 1 Stocks stayed under money market pressure early but improved as fears of yesterday's stringency faded. Call loans opened at 6 to 7 percent, later easing to 6 percent for mixed collateral and all industrials. Pools resumed in speculative groups with United Cigars and United Retail Stores leading gains, while bonds showed mixed results. Total sales reached about 20.86 million dollars, with Old United States 22 up percent for the week.
MENTIONED IN THIS ARTICLE
New York
Bult Pools
Tobaccos
United Cigars
United
Liberty Group
Ager
United States
Statewide Cotton Report Warns of Severe Weevil Infestation
Reports from Georgia cooperative crop correspondents and the U S Bureau of Crop Estimates indicate the southeast quarter of the state will yield 25 to 50 percent of a crop while weevils have spread from counties south of Macon to areas as far north as Burke Jefferson Putnam Baldwin Jasper Butts Douglas Heard Cobb Chatooga and beyond. Continuous rains have boosted weevil multiplication. grass is worst in years and county condition figures show declines from June 25.
MENTIONED IN THIS ARTICLE
J. J. Brown
Georgia Department of ‘Aericulture
Z. R. Pettet
United States Bureau of Crop Estimates
Macon i
Burke, Jefferson, Putnam
Baldwin
Jasper
Butts, Douglas
Heard
Cobb County
Atlanta
Lona
Chatooga County
New York Stocks and District Cotton Condition Notes
District weather and crop conditions reported for multiple counties including Bartow Catoosa Chattooga Dade and Gordon. Cotton growth affected by rain, pests like red spider boll weevil and fungus, with district averages and state notes showing variable conditions and expected yields.
Boll weevil and rain devastate cotton across counties
Report summarizes widespread boll weevil damage and heavy rains across numerous Georgia counties. Condition ratings show deterioration from Monroe to Wilcox with many districts reporting poor yields and planned abandonment. District averages indicate heavy losses and potential total bales far below prior estimates.
MENTIONED IN THIS ARTICLE
Trandolph
Stewart County
Sumter
Terrell County
Thomas County
Webster County
Atkinson
Than Hill
Berrien
Brooks
Wilcox
Gor
New York Stock Exchange Closes After Second Vote
The New York Stock Exchange closes as members vote to allow full auditing and checking of a major business deal, signaling renewed oversight after a prior month’s action.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Tifton tobacco sets season price record at market
Tifton Ga August 1 Special Tifton's tobacco market sold about 48000 pounds at an average 33.70 cents a pound The best tobacco brought 97 cents and the average tops any market this season by about 10 cents Buyers eight strong opening bids and a lively auction led by Wyckoff with Fenner Smith warehouse owners and growers expressing high satisfaction with the handling and rail access attracting growers from Worth Berrien Colquitt and Lowndes counties Fenner a North Carolina tobacco man oversees about 3 000 000 pounds annually and earns buyers and manufacturers confidence
MENTIONED IN THIS ARTICLE
Tifton
Worth
Berrien
Colquitt
Lowndes
Wyckoff
Tiftun
South Georgia
Fenner & Smith
Fenner
North Carolina
Live Stock Prices and Receipts Across Major Markets Aug 1
Chicago hogs and cattle markets report receipts around 9 000 hogs and 1 000 cattle with varied weights and prices. Prices span light to heavy hogs from 18 16 to 25 40 per cwt. cattle include beef steers at 10 50 to 18 25, veal calves, stocker steers, and cows from 5 70 to 13 50, with regional notes on quality and demand across Chicago Kansas City and Jacksonville markets.
MENTIONED IN THIS ARTICLE
Chicago
Hileb
Loy
Jose
Glas
Wees
Gene S Dean
Énnacre
Gant
Enat St. Touts
Konans City
Fees Bureau
Avivicete Oenaese Treceipta
Eaves, Sees
Segesaar
Zerine Pethiess
Jacksonville
L—Hoge
Celpte Ticht
Salle Peece
Canera
Midsummer Trade Prospect Active
New York August 1 Bridstreet reports weak demand for staple goods with some signs of improvement in certain lines. Interior wholesalers show cautious buying while large producers and carriers maintain activity and prices.
MENTIONED IN THIS ARTICLE
New York
Bridstreet
Etstern
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