Cotton Market Was Less Active In New Orleans
New Orleans reports describe a steadier cotton market after late week volatility. Futures opened steady with a modest rise, as covering of shorts and weather news from Texas boosted prices, while August fell to 9.58 earlier before recovering. weekly receipts and port totals are listed for New Orleans and Houston.
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Stocker Alp Bonds and Railway Notes Mixed Listings
A dense OCR listing of various bonds and securities including Colorado and Southern 4s Cuba bonds Denver and Rio Grande 4s Hocking Valley 4s Japan 6s and 4s certificates Louisville and Nashville income Minn and St Louis 4s old Missouri Kansas and Texas 4s New York Central gen 3 1 3 Northern Pacific 4s Seaboard Air Line 4s Southern Pacific 4s and 4 5 percent various railroad and steel equities plus minors like Oregon Short Line Ridge 4s and U P 4s.
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Wheat Market Holds Firm On Wet Southwest Run
Chicago reports a firm wheat market with September futures up 3-4 cents as wet southwest weather spurs active buying by shorts. Corn and provisions also gain, while receipts and futures show varied moves. Trade notes a smaller primary arrival and ongoing bullish pressure from ongoing weather concerns.
Cotton Market Sees Mixed Pressure From Texas Rains
Southern Exchan New York reports heavy rains in parts of Texas easing trading as Liverpool closure limits activity. Early pressure gives way to firmer prices on rainfall and boll weevil reports. About 10 point average gains from Saturday lows, with high temperatures and heavy showers threatening crop development and potentially rapid price moves.
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New York
Texas
Liverpool
Leantern
Corten
Market Summary Rays Cotton Wheat and Stocks
New Orleans August 6 American markets leaped awaiting policy news from foreign markets. Texas reports wet ground hindering clearing, 2000 bales near Houston, gins operating. Chicago wheat shows under tone with cash demand rising. rains in the west dampen prospects. Oats weak with scarce trading. provisions open easy then steady as packers buy. Stocks show early strength with outside pressure.
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Gibert & Cley
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Iwim
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New York
Market Declines Limiting Cotton and Stocks After Mixed Session
Unfavorable market influence weighed on banks and weak sentiment after the Chicago bank failure with deposits over 4 million. Cotton prices edged up briefly on short covering but failed to sustain gains as Liverpool closed lower, while wheat corn and oats showed mixed activity in Chicago. Stocks moved higher on late buying, led by Union Pacific and Southern Pacific, with investors cautious about near term strength.
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Chicago
Stock market holds gains amid confidence in securities list
Trading opened with continued investor confidence as prices rose to new highs for several issues including Southern Pacific Union Pacific St Paul and United States Steel. Demand remained strong for New York Central Pennsylvania Reading and Smelters with grain declines boosting optimism on crop outcomes. market tone stayed firm despite minor concerns from bank failure and rail rebates news and potential profit taking.
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Grangera Si
Cotton market rides waves as weather shifts yields
L. J. Anderson & New York report August 6 notes divergent views on cotton yield with acreage可能 larger and conditions 8 percent below last year. Demand from spinners around 10 cents for December, while long positions may shrink. Hubbard Bros. & Co. comment outlines near stationary markets awaiting bureau report, with rain both aiding and hindering crops and prices easing slightly after a sharp drop.
MENTIONED IN THIS ARTICLE
L. J. Anderson
New York
Hubbard Bros. & Co
Bureau
Texas
Atlantic States
Inna
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