Cotton Market Shows Slight Gain Before Bureau Report
New York August 3 The cotton market opened steady with a 190 point advance on covering bets and bullish bureau expectations. Despite bullish New Orleans exports and favorable weather the market drifted, eroding to 4 6 points gains after midday as the bureau report showed modest improvements but failed to spark activity, closing steady to 5 points down with about 80,000 bales sold.
MENTIONED IN THIS ARTICLE
New York
Bureau
New Orleans
Liverpool
Meady
Baxter & Co
Tabersoet
South Carolina
Atlanta Brokerage Co
Southern Exchange
Auuat
Lrgest
Review of the New Orleans Market
Spot cotton stays firm near full prices with 70Q sale rates and unchanged quotations. The bulls responded to a bullish bureau report, triggering heavy trading before prices settled slightly above Saturday’s close, while futures drifted with August higher and other months modest.
MENTIONED IN THIS ARTICLE
New Orleans
Bmoulibard Bros
New York
Liverpool
Bureau
Washington
July 25 Cotton Condition Report and Market Update
The July 25 cotton condition is reported at 78.7, up from June 25 though below the ten-year average, with state specifics and receipts showing small, uneven activity. New Orleans shipped 200 bales, Houston 18, and overall receipts remain modest amid light market movements and limited speculative revival.
MENTIONED IN THIS ARTICLE
New Orleans
Houston
Market Notes and Bond Quotes from Chicago and rail lines
The report lists closing bond quotations for Chicago and Northwestern, Rock Island, Denver and Rio Grande, New York Central, Southern Pacific, Texas and Pacific, Wabash and other major lines. It notes rain in Texas and rising crop concerns, with government figures on crop condition around 73.7 percent and a holiday mood prevailing in early trading.
MENTIONED IN THIS ARTICLE
Chicago, M and
St Paul
Chicago and
Northwestern
Consol
Chicago, Bock Island
Pacific
Louis Weneral
Chicago
Remolerado
Southern
Denver and
Rio Grande
Erie
Fort Worth
Denver
Yate United Blazen Steel
Mimmeapolla
St Toula
Missouri
Kansas
Texas
New York
New Jersey
Amesieea Sa
Northern Pacifeca
Sailce
Atchison
Union Pacific
Baltimore
Cenaden Pacific
Central
Lake Erie
Ohio
Alton
Great Western
United States
Wells Fungo
Colorado Southern
Great Northern
Bombo
American Sugar Renning
Timol Central Tso
Anaconda Mining Co
Luwa Central
Ebrooklyn Rapid Tranalt
Colorado
Kansia City Soulthern
Columbus and
Hock Coal
Consolidated Gas
Lewiss We
Naanville Joo
Oem
General Electric Ee
Manhattan
Lue
Lio International Paper
Kens
Ry of
Mexico
New York Central
Norfolk and Western
Ray Mo Do
Republic Atrel
Rock Island
Mpsny
Ely
Bes ST
Tennessee Coal and Iron
San Francisco
St. Taula
Western Union
Southern Railway
Va Car Chemical Ca
Toledo
Qhio
Canaia
Tleorgia
Allen
Chieago
Quincy New
Teaas Ny
Georgia
Alabama
Prospects Improve for Cotton Yield and Prices
Planters foresee continued improvement and a fair yield for the crop. Weather conditions over the next thirty days are crucial as the cotton arrives later than expected, with August receipts projected to be about 50 percent below last year. A strong movement is anticipated in September if conditions normalize, and planters remain hopeful for better prices this fall.
Coffee and Sugar Market Notes From New York and New Orleans
Coffee futures opened steady and stayed quiet around the initial range with modest closes. Sugar futures show firm tone in New Orleans markets along with varied kettle, centrifugal and yellown sugar readings. molasses and rice prices noted, plus crude and refined cottonseed products in Memphis and New Orleans markets.
MENTIONED IN THIS ARTICLE
New York
Suger Firm
New Orleana
Rio
Visible Grain Supplies Steady in New York Market Decline
New York August 3. For August 1 the visible grain supply shows wheat at 13,415,000 bushels, down 465,000. corn 6,990,000, down 21,000. Naval stores notes: Savannah turpentine firm at 49.5, resin firm, several price quotes for windowglass and waterwhite, with varied export movement. Charleston reports turpentine nominal, rosin steady, prices for windowglass and waterborne products listed.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
Savannah
Wales
Charleston
Turpentine
Turpentine _nomiu
Rosin Steedy
Waterymnite Wd
Morea
Early Wheat Decline Offsets Gains as Corn Drops in Chicago
In Chicago on August 3 trading was quiet and prices slid. September wheat fell about 6-Sc, corn declined 4¢, and provisions varied from 1-2c lower to 7-1/2c higher. Early wheat gains faded as selling intensified, with notable activity in Minneapolis and elevator sales pressuring prices. Receipts and shipments figures appeared, with mixed notes on visible supply and primary receipts. Various brokerage letters described bear factors from weather and crop conditions, while oats and other grains mirrored the weak phase.
MENTIONED IN THIS ARTICLE
Chicago
Paria
Minneapolis
Pric
Duluth
Iowa
Nebraska
Atlanta
Oklahoma
Kansas
Fusaia
Germany
Packera
Baxter & Co
Manitoba
Eevator Intercore
Victor
Quaker
New York
St. Louie
Prices Ease as Corn Edges Up in Chicago Markets
Chicago prices show a modest tilt higher for corn while general stocks rise for the week. Provisions stay quiet with minor price changes. flour and meal items list varied quotes, plus fresh figures from New York and Cincinnati markets on wheat, corn, oats, and fats. Strong entities include Grein, Mear Avanta flour, Victor food, Quaker food, and Arbuckle’s coffee.
MENTIONED IN THIS ARTICLE
Chicago
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Atlanta Brokerace and Commission CO
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