Cotton Market Surges On Dry Texas Weather And Strong Demand
The New York cotton market advanced sharply as Texan drought fears lifted prices to new highs. Reports said private advices indicated limited rainfall in Texas, spurring heavy buying from spinners and buyers in Liverpool and New Orleans. Spot sales rose, while futures showed broad gains across August and September amid bullish sentiment and concerns over crop prospects.
MENTIONED IN THIS ARTICLE
New York
Hovee Hsra
Texea
Spianers
Wailfrest
Liverpool
Apol
Texas
New Orleans
Houston
Middley Gulf
Market Report Cotton Seed Oil and Rice and Sugar
Cotton seed oil market quiet with 6 800 barrels traded. Prices drifted slightly after early firmness, with futures showing modest up and down moves from August through March. Rice in New Orleans steady with rough rice prices, sugar and molasses in New York and New Orleans listed with small gains and steady activity.
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New York
New Orleans
Honduras
Japan
Cione
New Crop Movement Favored By Bears In Wheat Market
Chicago August 8. Wheat futures drifted lower on looming government crop results and new crop movement, with nearby months pressured by carry charges and hedging. Corn strengthened after a weak start while provisions varied. export bids lagged and world supply remained ample. Primary receipts rose to 2,334,09 bushels and visible wheat stocks grew, with tomorrow’s crop estimates showing mixed car counts. Cotton region notes report continued rain and hot temperatures across belt.
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Chicago
United States
Longs
Market report notes mixed futures as weather looms
Argo and Jester & Co in New York report prices firm before the market opens amid limited selling. Weather in Texas and rains in Liverpool set up expectations and possible further gains if a sweltering Texas arrives. Bulle’s control over the market is suspected to suppress prices for now.
MENTIONED IN THIS ARTICLE
Argo, Jester & Co
New York
August
Cablea
Texas
Liverpool
Bulle
Hare
Mary
Government Report Condition of Grain
The August report shows corn at 10.3 condition, wheat and oat yields discussed, with outlook for larger spring wheat and stable oats. States such as Kansas, Nebraska, Minnesota, and Ohio listed with figures. drought impacts noted on wheat while exports expected. Tobacco and other crops evaluated countrywide with regional variances.
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Washington
Department of Agriculture
Torna
Kansas
South Carolina
South
Dakote
Ceres
Drouth
Visia. Com
Qual Kanu
Nebraska
Minwoust
Bennaylvanie
Oklahorma
Touma
Califonia
Tennessee
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Onto
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Market Summary of August Foreign Activities and Cotton Prices
Hubbard Bros and Co in New York report satisfactory foreign activities and a sharp market opening with futures about 30 points higher. Daytime trading stayed firm but quieter. Texan outlook remains poor with only light rain across a few regions. Liverpool spots up 176 pence versus last year, markets cautious on overbought or oversold conditions. certified stock declines to 180,000 bales.
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New York
Hubbard Bros. & Co
Liverpool
Havre
Hamburg
Rio
Santos
Jundiahy
Rio, No. 7, Se Santos
Cordova
Naval Stores market report from Savannah and Wilmington
August market notes show Epirica turpentine steady around 68 with receipts and shipments logged. rosin steady near 4.70 with multiple receipts. tar and crude turpentine firm at about 5 to 6 dollars. Wilmington tty prices include spirits turpentine steady and crude turpentine firm.
MENTIONED IN THIS ARTICLE
Savannah
Wilmington
N. C
Barreix
Pinanonal Wanted Provides Opportunity for Successful Director
Classified ad seeks a high-class man of fact energy and good address to supervise and direct agents selling secur Lex. Not an ordinary salesman, must lead others and ensure results with ample pay and extra rewards. Communications confidential to G A Lindany Box 858 Madison Square New York City. Plus market notes on Liverpool cotton coffee grain and receipts across Rio Santos Jundiahy and U.S. grain hubs with assorted prices and movements.
MENTIONED IN THIS ARTICLE
Pinanolal
G A. Lindany
Madison Square
New York City
Liverpool Grain Market Report Summary
Liverpool grain market notes dull trading for Wheat No 2 red western winter and old American mixed. Futures quiet with October and December contracts quoted. spot prices steady with limited movement.
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Liverpool
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