August Cotton Prices Surge Amid Market Frenzy
New York August shorts sparked a historic surge in the cotton market with August contracts leaping to 26 above prior highs. By day’s end August dropped to 18.20 while new crop months rose about 2.7 points, then recovered slightly on covers. US ports reported receipts and varying futures activity as Texas weather and crop data influenced trading dynamics.
MENTIONED IN THIS ARTICLE
New York
Memson
Carolinas
Jose
Alec
York
Todmy
New Orleans
Houston
Atlentia
W. PB
American Bond and Mortage
United States
American National Bank
Atlante Joe
Cost Corp
Casaillan
Mattie Ine and Coal Corp
Aliana Brewery and Tee Company
Atlanta Stove ‘Works
Iw Areth
Central Bank & Trant Corporation
Concord Woolen Mille
Concord Woolen Mile
Decatur Street Bank
al Tr Atycos
Plembure
Grargle Temirance Co
San Francisco
Georg
Georgia Railway & Electric Cen
Dea Bajelmore
Georgia Railway
Ing Go
Claetonars
Guaranina ‘Trust Company
Migpeapelia Ae
Jemup Amener Company
Mecso
Orleans
Lowry National Bank
Morrow ‘Transfer Company
Esi Carrott
Santtariven
Oman
Pri Motor Car Co
Bey Lan Aai la
Aa Railway Post
Harks
Anna, Louter
Piedmont-Portland Ceman i
Realty Trust Company
Seattle
Suniagolla Trust Company
Atlanta
Providence
Atlante
Portland
Ore
Georgia Grate Ave
Lea Richmond
Garvearon
Fort Ward
Ray Aves
Catty Ge
Mobile
Sal Lake
Winningcon
Columbus
Ohio
Norfolk
Albany
Boston
Teche
Savannah
Towle
Airrio
Ween
Bordesti
Obio
Interior
EMENT
Norfol
Memphia
Angur
Axirusta
Trmioghars Qi
Loule
Ksonville
Fhos Ae Ciecinasti
Heme Knoxville
Fovaie
Chartesta
Galveston
Chattanooga
Financial Markets Outlook In New York August Messages
Money on Jenlemmy at 1422 per cent with 1 percent closing bid and offer. Time loans stable at 3 3 percent for sixty days, 3 percent for ninety days, six months at 4 percent. Sterling exchange weak with bankers bills at 4.8340 for sixty days and 4.8620 for demand. Commercial bills 4.83648 to 4.83650. Bar at over 52 percent. Government and railroad bonds firm.
MENTIONED IN THIS ARTICLE
Money and Exchange
New Yorks
Jenlemmy
Prima Mercantile Paper
Sterling Exchange
Local Stocks and Bonds and Cotton Market Notes
In New York August 24 extraordinary cotton advance dominates market talk though viewed as speculative gains. Spot goods demand cooled with some fall size staple cancellations by jobbers. Japan raw silk eased slightly and cotton seed oil firmed on covering and late-week strength. Paris and London money markets show mixed exchange rates and modest bullion movements as European rates drift.
MENTIONED IN THIS ARTICLE
New York
Japan
Sermand
Wenkh
Erode
Digber
Salen
Wipter
Oproing
Cieving
Igbtsoilo O.bigioil
Oedes
Ta Taig
Grain Prices Fall on Weakened Demand Across Markets
Chicago export buyers report softer foreign bids vs Saturday as wheat and corn slip. December futures dip while cash demand from mills stays variable. U.S. visible grain supplies show gains in wheat and mixed results in corn and oats with regional receipts and shipments noted in St Louis Kansas City and Liverpool markets.
MENTIONED IN THIS ARTICLE
Chicago
Budapest
Seilara
Ocean
Almont
Bard
Daremba
Bhorta
St. Louis
Kanaan City
A. P. Morgan
Atlante
Kanes City
New York
Northern
Duluth
Arc
Sloane
Aas Vecelpta
Oversold by pros sparks stock buying in corn crop market
New York August 22. The rise in stocks today followed overselling by professional speculators prompted by a false frost damage scare to corn. Reports of favorable weather, large grain movement, and heavy wheat sales boosted confidence in crops and markets. Total stock sales reached 387,700 shares with United States Steel Reading and Union Pacific leading. Bonds firm. Total value 745000 dollars. US 4 advanced on call.
MENTIONED IN THIS ARTICLE
Alice-Chelmere
Americas Agricultural Pty
American Teaecounties
Atchinen Ama
American Bumit
R. Ox
Atlantic
Baltimore & Oxia
America
Baltimore & Ohio
W. An Bia
Tebacca Pfa
Brooklyn Teanalt
Gentral
Georgia
Amsttean Woolen
Gantrel Leather Os
Anaconda Mining Sa
Bay Central Fi
Neew
Aighizon
Stuesagee Chin
Do Ptd
Ule
Shing & Altos
Baltimora
Ohio
Chirsyo
B. & Quincy
Lenge, TL & Pac
Fae
Central Leathan
Abe
Bae
Pac
By. Rig. de
Uw Do
Colona Indwatrial Bs
Naw
Jareau
Galorato Midland da
Digs
Chegapauka
BS A . Oy
Deleware & Hudeedoygs
Colorado & Hawthorn
Chivsgo and Afton
Denver & Ri Grande
Taronga
Great West New
Denver & Rio Greade
Chicago
Levi Abu
Colorada
de Sarier O
Southern
Cera
Marion Wheaor
Rio Grand
Tom A
Distillera Returntes
Kantas Cley Bouchern
Letaiti
Daider
Migsourt, Kao, & Texes
Pacita
Great Northern
New York Central
Tilota Central
Treasury
Interborough
Dupines
X. MW
Hartford Cy
Nariolk
Inter Harvester
Flvar Certificars Uutanding Pann
Rywa Ar Ghnerag Fund
Stade Wlvor
Westa
Minneapolis
Treasury Offices
Minn
A, P
Sault Inbine
Reau
Seaboard Air Line
United Staten
Ana Boulbers Pacific Cot
A. Attscaurt
Seat
Gubaldiary ‘Albeer Rain
Union Pacite
Sam T. Ae
Jaw York
New York
Norfolk and Western
Northern Pacifia
Pacific Mall
Wyleroueta Central
Penn
Pappi Gee
Pittsburg
Carih Bay Pullmeo Palace
Reading
Saa
Republic Hleel. Ie
Ern Rock Island Co
Bouthwestern
Southern Railway
Mata
Tennessee Copper
Taleto
United Staten Realty
United States Buber
United Statea Btao
Utah
Virginie-Caroling Chem
Maryland
Wantinghouse Electric
Calan
Tod
Southern Pacific
United Staten Stealee
Canada
New Orleans
London
Berlin
New York Banka
Shorts
United States Stess
Union Pacific
Cali
London Stocks Open Steady On Parity Slide
London stocks opened steady with prices near parity and a partial recovery by noon. Wall Street and continental buying pushed the market firm, with Consols at 81 for money and 87 for account, India Central 134, Louisville and Nashville 148, Southern Railway 24%, and Southern Railway preferred 64. Bar gold at 243 1/16 per ounce, money rate 1 1/2 percent. Discount on short bills 3 1/2 percent for three months.
MENTIONED IN THIS ARTICLE
London
New York
Wall Street
Continental
Olindia Central
Louisville and Nashville
Southern Railway
Market Notes From New York August Trading Amid Mixed Signals
August trading in Argo Jester articles shows no fresh market features beyond late August frictions. Cotton movements remain light with no large upside until early receipts clarify demand. expectations point to better prices later for December or longer-term purchases. Coffee futures opened steady with small declines then rose on outside buying and drought fears in Brazil, while European markets showed mixed reactions and soy/ sugar sections noted fluctuating prices and exports.
MENTIONED IN THIS ARTICLE
Argo, Jester & Co
New York
Liverpool
Hubbard Bros. & Co
York
Manchester
Bureau
Steady &L
Brazil
Havre
Hamburg
Rio
Jundiahy
Rio No. T
Santom
jCorava
Turpentine and rosin markets and farm goods dated reports
Market notes from Charleston Wilmington New York London and Chicago cover turpentine rosin spirits and crude oils with prices receipts and shipments. Cattle hogs and sheep values are listed for St Louis Kansas City Louisville and Chicago with regional swings in beef hog and lamb markets. Iron and wool prices and general commodity activity are noted in brief.
MENTIONED IN THIS ARTICLE
Val Stores
Bavensast
Ugast Turpentine
nBiBs i Sno Revelpte
Rosin
Sles
Etocas
Ebh
Sog
Charleston
ABC
Wilmington
Also Mentioned on This Page
War Times
New Orleana
Colton
Grriun
Texas
Anasta
Bulle
I'rlies
Erap Joonthr
Atlanta Stock Exchange
Paris
Bank of England
Imarton
Iverpool
Ald Og
Ordingly
Torae
Pacific Coast
New York Exchange
Nort Ee
Hosetota
Atemay
Philadelphia
Do. Wince & Mber
Great Britain
France
Baltimore
Interrion Movement
Mindling
Memphis
Cincinnati
Llebe
Heck
Louisville
Pate
Bees Atl
BANOR
Ags
Get Sagt
Cleeed
Tianed
Stan A
Fiteen
Rincertes
Cottom
Pratens
The
Americanudit Company
Reiedvary
New York City
F. W. Lafrentz
Tho Oodeley
V. Pret
Bocca
F. Lapeent
Treas
Waldorf-Astoria
Borton—Exchanits
Bellevue
we-Stratford
Claus Sprecklex
Eng
B-C
Gresham Street
Bank
Fourth National Bank
Osvie Addreas
Amit
Alonzo Richardson & CO
Certified Public Accountants
Empire Building
Atlanta, Georgia
Commission Merchants
Sxehines Livarpwot Cotton Association
Board of Trade
Atlanta Stock Exchange Main
Forsyth Bidg
Atasts, Ga
Cetton Region
Ugar Steady
Muscovedo
Tfe
Honduras
sTarion Op
Ila Roante
Es Chattanongs
Aimee A Columbus
Guineasiite
aGreanville
2. C
Geirin
Macon
Montrosito
aRome
Tahepooas
Ypadiniensee Templares
REED
Borman
NOTR
Municipal Bonds Choice
Robinson-Humphrey
Atlanta, GA
Hillyer Investment Co
Candler
Custom House
Lake Cowper
East St. Louis
Tron
Cleveland
Nouthern
Southern Soft
St. Loo
Bative
Texas&end
Omri
Kansas City
Loulaville
Louis
Back Pete