Cotton Gains Mixed as Market Reacts to Weather and Wall Street
New York August 21 cotton trading firm with a modest net gain of 25 points despite early strength and later pressure from southern offerings. Daily sales around 400000 bales, futures steady near the top of the range as Wall Street support and short covering offset additional selling. Weather bureau report described as excellent, but prices stayed near yesterday's highs with regional spot markets varying and New Orleans futures posting limited changes.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Wall Street
Weetier Bereau
Buy
Learish
Wales
Agiinse
New Orleans
New Orleasia
Spotsotton
Mississippi
Texas
Ea Tly
Percy
France
Japan
Atlanta
Galveston
Mobile
Savannah
Charleston i
Wilmington
Norfolk
Baltimore
Philadelphia
Houston Steady
Augusta Dui
Cbis
St. Louis
Cincinnaci Laouisville
L. J. Anderson & Go
Tha
Northwest
Cable
Nebraska
Colorado
Edmund & Charles Randolph
J. P. Morgan
Lst
Herbert H. Brown
Cotton prices steady as futures open with mixed bids
Reports show cotton spots steady with middling upland at 41 dollars per bale, 5,000 bales traded, speculation and export receipts 1,400. Futures opened steady with quotes across August to April contracts, while weekly weather notes from Washington cover Texas Oklahoma Arkansas and Mississippi with variable rainfall and temperatures near normal to slightly above.
MENTIONED IN THIS ARTICLE
Weekly Bureau Weather
Washington
Texas
Galvestoni
Oklahoma
Indian Territory
Oklaoma
Arkansas
Little Rock
Alabama
Montgomery
Vicksburg
Norcia
Warren
Lauderdale
Hark
Tenneves
Nashiiley
Cantera
Cotton Markets and Stocks Edge Higher Amid Mixed signals
Local buyers controlled the cotton market with small recoveries while gains faded on weak Liverpool and New Orleans notes. Wheat and corn showed dull but firm tones as grain futures look for higher prices. stock market drifted with selective advances in select issues and copper shares. J. B. Marbury notes cooler western temperatures and minimal rainfall across the belt.
Wheat Market Hits Gains as Weather Comes Into Play
Chicago market report shows wheat for September up 1 8, corn up 2 8, oats down 8. Weather was wet in the northwest and light demand supported by bullish signals from hot conditions in Nebraska and Kansas. Trade noted heavy initial selling but later strength, with futures closing higher and receipts varying across regions.
MENTIONED IN THIS ARTICLE
Chicago
Northwest
Minneapolis
Duluth
Nebraska
Kansas
Vis
Liverpool
Bradatreet
Rockies
Weather and Cotton Markets See Varied Readings Across States
The week bordered on sunshine and warmth with cooler notes in places, while rainfall varied from heavy in mountain districts to scarce in others. Chicago and New York reports show cotton prices fluctuating amid oversold conditions and market skepticism, with forecasts for possible further rallies or declines tied to weather and stock movements.
MENTIONED IN THIS ARTICLE
Georgia
Atlanta
North Carolina
Ralegh
South Carolina
Columbia
Hubbard Bros. & Co
New York
Liverpool
Dover
Iverpool
Culberson Support Highlighted by Home Ward Backing
Enthusiastic support in Culberson's home ward shows his alignment with local supporters. Financial notes include foreign finances figures and various money rates such as 2 percent, 3 percent three month bills, and discount rates. Berlin exchange quotes and bank terms appear alongside arbitrary currency figures and shorthand notations.
MENTIONED IN THIS ARTICLE
Culberson
Illinois
Louisville
Nashville
Atchison
Berlin
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