Surprising Cotton Market Rally Hits Liverpool Boost
New York and European buying push cotton futures higher on August 29 as reports of improved European trade and bullish domestic news spark short covering. Texas crop woes and a recount of New Orleans and Liverpool stocks add to gains with October and January contracts rising amid limited spot sales.
MENTIONED IN THIS ARTICLE
New York
Hull
Liverpool
Continent
Texas
South Atlantic
Centre Belt
Fall River
New Orleans
Europe
Texas News
Exchange
Beara
Southern Exchange
York
New York Journal of Commerce
O. & B. Beer
Sentment
W. E. Small & Co
South
Hubbard Bros. & Co
America
Poor Bureau
Murphy & Co
iLondon
United States
Btrel Corporation
Amalgamated
Hors
Spot Cotton Quotations Across U S Ports
Official closing quotes show steady to firm middling values with regional variations. Notable levels include New York 8c, Savannah steady at middling Be, New Orleans 13 16c, Galveston 8 15-16c, Houston 8 middling, St Louis 8 6c, with receipts and exports at all United States ports for yesterday.
MENTIONED IN THIS ARTICLE
Atlanta
Iverpool
York
Orleans
Savannah
Galveston
Norfolk
Mobile
Augusta
Charleston
Houston
Eaav
St. Louie
United States
Yeasteray
Buturen
New Orleans
Arcus
Nena Ca
Jupe Aenuoey
Burarcacioses Mwoady
Movement at the Ports New York August 29
Cotton steady with 676 bales sold middling uplands at a price. Net receipts 7 percent and gross 555,982 reported. New Orleans August figures show steady spys botton.
MENTIONED IN THIS ARTICLE
Bob Ay Gale
New Orleans
Botton
Cotton Market Reviews Signal Strong Texas Crop Decline
New York reports vivid crop deterioration with Texas drought pushing prices up. Liverpool and New Orleans show bullish tones as Texas output slips toward a potential 2,700,000 bale crop. traders await bureau notes amid heavy port receipts and fading cotton prospects across the southern belt.
Market Summary: Wheat Corn and Provisions Prices Mixed
Markets opened steady with wheat dull and lower after midday due to cash wheat pressure and rising receipts. Corn traded steady to firm with light offerings and profit-taking. later a rally occurred amid rains in the northwest and good eastern weather. Provisions were quiet with steady to firm hogs and meat prices. notes from Chicago and Liverpool show mixed futures and steady demand.
MENTIONED IN THIS ARTICLE
Chicago
Shorts
Minneapolia
Duluth
Heceipts
W. Ebmall & Co
Seaboard
Minneapolis
West Superior
Northwestern
Lake Chartere
P&e
Murphy & Co
Aist
Northwest
Mississippi
Lafternoon
Turpentine and rosin market updates from Savannah and Charleston
Naval Stores notes from Savannah and Charleston report dull spirits turpentine with varied rosin sales and receipts. Prices cited include turpentine around 1.00 to 1.20 and rosin firmer in places, with small Wilmington receipts and occasional barrel sales and window glass noted.
MENTIONED IN THIS ARTICLE
Savannsh
Charleston
Waterch
Wilmington
Cotton Seed Oil and Meal Prices Across Markets
New York August 29 steady cotton seed oil with crude and yellow grades quoted. prime meal at $26 per short ton. Memphis August 29 reports vessel and car lot pricing for crude, off crude, and meal with regional variations and limited demand.
MENTIONED IN THIS ARTICLE
New York
Memphis
Au St
Wall Street Stocks Largely Stagnant Amid Recession Warnings
New York trading opened flat with the day’s activity near the year's lows as broad speculation faded and prices edged above prior close only to retreat. London’s modest buying and a steady flow of grain bills underpinned concern for cash and gold movements, while steady call money and mixed bond action reflected a cautious market tone.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
London
Bank of England
Bank of France
Nets
Chicago
Sub-Treasury
Philadelphia
Express
St. Louis
San Francisco
Padfe
Missouri Pacffc
International
Fries
Baltimore
Ohio
United States
Atchigan
Ero
First Preferred
Deecend
Preferred
Ontario and Western
St Paul
Southern Pacific
Union
Pacific
Wibash
Joan
Prime Mercantile Paper
Bterling Exchange
Commodity prices and livestock market report summary
The report lists refined sugar prices and molasses quality with centrifugal and crude grades, plus a detailed livestock market snapshot. It notes steers and Western stock strength, hog and sheep prices up to moderate gains, with quantities at Texas and regional markets and varied lamb and cattle values.
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