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Atlanta Constitution in Atlanta, Georgia

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Newspaper

Atlanta Constitution

Location

Atlanta, Georgia, United States of America

Date

Aug 18, 1910

Page

12

Cotton markets surge on covering as drought looms

Newark reports a sharp advance in cotton futures amid active covering and fresh buying spurred by drought in the southwest and bullish crop rumors. Prices rose early, traded up to new highs before closing slightly below the day’s top, with October and later months showing gains and notable activity in New York and New Orleans spot markets.

Newark Apot New Orleans Houston Gulf New Orleana Shorts Texas Pointe New York Pac New York Star Iron Ates United States Steel Lst Union Pacific Southern Pacific Farriman Rock Island Germany London Baltimore and Ohio Road New York State United States Rusynet Burley Waturet Crober Patera

Texel cotton market drifts amid moisture crunch and wary traders

Hubbard Bros and Argo Jester report a slow session with no strong moves as Texel prices edge up modestly in Liverpool while overall trade remains cautious. Analysts note ample receipts, uncertain demand, and expectations of a late market shift. experts warn of volatility within a 50 point range until clearer direction emerges.

Hubbard Bros. & Co New York Liverpool Texan Argo, Jester & Co Amouing Liverpool Fa

Bonds Stocks and Naval Stores Prices and Receipts

Market notes fromSavannah and Charleston show spiries turpentine and rosin firm with varied receipts and shipments. Rosin and tar prices steady. turpentine firm at highs and speculative futures mixed. Rice markets in New Orleans report steady offerings, Honduran and Japanese imports priced per barrel or pound.

Naval Stores Savoonah Charleston Liverpool Atp New Orleans Honduras Japan Fidelity Fruit, and Produce Company Fruita and Produce South Broad Street Tennesseay Georgia Banker Crities Colorado California Florida Chigago St. Louis Creamery

Grain Market Down On Foreign Weakness Sparks Falls

Chicago August 17 grain market eased amid foreign weakness as wheat led declines losing 7 to 11 8 cents at close. Oats and corn fell modestly while ribs rose, pork and lard stayed weak. Reports of low temperatures in the northwest and rumors of export sales influenced prices but gains faded, cash corn offered lightly and futures for September wheat fell from earlier highs.

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Also Mentioned on This Page

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