Cotton Market Shows Cautious Trade After Early Decline
New York trading paused after an initial drop of 7.13 points as selling and reaction theories influenced early losses. Demand from bulls and buyers from New England steadied prices, pulling them back from session lows, with the close near the session’s bottom. New Orleans and Liverpool reports indicated a softer tone, while private wires signaled heavy selling and profit taking amid uncertain receipts and future port demand.
MENTIONED IN THIS ARTICLE
New York
Oaly
Liverpool
New England
Appn
Reapea
Cotton Market Volatility Amid Mixed North American Receipts
The New York Cotton Letter reports a reactionary session with the market eased after a one cent rise, bears pressuring prices despite gains earlier. Receipts reached about 57,000 bales at ports, with Houston showing 14,183 bales. Galveston and New Orleans expectations weighed on sentiment as futures fluctuated, while spinners pursued purchases in a cautious atmosphere.
MENTIONED IN THIS ARTICLE
Howell Jones Co
New York
Liverpool
New Orleans
Galveston
TMC Bipib
Apoklo
Plocesates
Norfolk
Boston
Sage Wumington
Philadelphia
Savannah
Mobile
Charleston Ee
Brunswick Tl
Pensacola
Interior Movement
Jjouston
Augusta
Memphis
Louis
Houston
Gros
Salon Brock
Britain
France
Atlanta
Baltimore
Joston
Wilmington
Stendy AA
Sobile
Steady
Auguste Lel
Charlenton
Dullit
Cincinnatic
Cincinnatic # Firm
Soulay Ie
St Louis Ready
Houston Sy
New York Tea
Geo Pensacola
I Brunswick
Great Britain
Mexico
Continent
Japan
Charleston
Liverpool market slips as New York opens lower
Miller & Co reports Liverpool prices much lower than expected as New York opens down about 12 points. Rebound attempts fail as heavy selling from German and Liverpool houses and some professionals press the market to the day’s lows. Spot market at 1 8c attracts selling pressure amid caution for a broad reaction.
MENTIONED IN THIS ARTICLE
Miller & Co
New York
Liverpool
Ome
American Spinner Urges Immediate Cotton Purchases
The American cotton spinners warn prices will be cheap in a few months if purchases are delayed. Officials cite census and statistics data showing demand rising while supply lags, urging immediate buying to avoid losses as exports surge and futures prices drop. Baxter & Co. and Violet & Co. notes discuss market dynamics, with bets on curtailment and ongoing demand from foreign buyers.
MENTIONED IN THIS ARTICLE
New York
Census Bureau
Bureau of Statistics
Mr. Ellison
Great Britain
Ellison
Ile
America
Daniel T. Bully & CO
Market Mix Impacts Liverpool Trade and Dry Goods Outlook
The report notes a market raid aimed at harming Liverpool’s fortunes tomorrow and predicts lower crop figures than December 3. It details a quiet dry goods market in New York with purchases for current needs and reduced quotes, plus a mixed cotton outlook with holders expecting price rebound on declines.
MENTIONED IN THIS ARTICLE
Baxter & Co
New York
Houston
Liverpool
Coffee and Sugar Market Roundup from New York and New Orleans
New York trading opened steady with coffee futures up about 10 to 16 points on broad buying. Braz sources peg Santos crop at 6.5 million bags. Afternoon selling trimmed gains. closing higher by 5 to 10 points. December at 6.40, January 6.45 6.50, March 6.75 6.85, May 7.00 7.10. Sugar steady with varied prices across raw and refined grades. New Orleans reports sugar firm, molasses steady, syrups strong, coffee price rise noted. Rice steady with various values for screenings and head grain.
MENTIONED IN THIS ARTICLE
Toledo
St. L
Auid West
Atchison
Oltz Union Pactie
Baltimore
Ohio
Aa Beatty Wabasa
Rs Ag
Canadian Pacific
Lake Erie
Central of
Geary
Chesapeake and Ohio
Chicago and Alton
Chicago
Great West
Adama
Chicago and
Neithwent
Tern
Prans Ten mi
United States
Zay Wells-Fargo
T. LL. A
Colorado Southern
Delaware and Hudson
West
Denver
Rio Grande
Do Breferrell
Amer Smet
Great Nalter
Hocking Valley
Anacand
Mining Co
Brooklyn
Transit
Town Central
Tlaubeville
Nashville
Manhattan
Metropolitan St. Rs
International Pump
Missour Pacific
Missouri
Mexico
Pacific Mail Oh
New York Central
Vteay Titas
Peoples Gas
Norfolt Ani
Republic
Pittsb. Cs Co
Stan
Tia St IL
San F
Estern Unionloo
Chemca
Southern Pacific
Southern Belhway
Seahoarn Air Line
Texas
Pachie
St. Paul
New Jersey
Northwestern
Norfolk and
Loule
Pennsylvania
Consolidated Tobacco
Reading General
Colomabo
Southern
Balysi LL
Iran
Mtn
Consol
Neaver and
Toa Addy
Eric Poor Jien
eBst
St. Land & Francisco Fe
Louis & Western
Atchison General
Seaboard Aly Line
Worth
Etty Tat
Southern Pacine
Atlantic Coast Line
Hucking Valley
Southern Railway
Baltimore and Ohio
Loulaville
Texas and Pacific Firsta
Consol Gold
Peutern
Mexican Central
Union Pacific
Central
Georgia
Con
Minn
St. Louis
United States Pteel Za
Wyda
Kansas
Alton
Quincy
Wheeling and Lake Evie
New York
Braz
Will Street
New Orleans
Spotlight on Metal Markets and Cotton Seed Oil Prices
New York spot tin rose in London to £119 15s with futures £120 7s 6d. Copper steady in London while futures slipped. locally unchanged. Lead flat. sp later quiet. Liverpool wheat and corn prices steady. cotton seed oil rose in New York with firmer crude grades. Memphis notes mixed prices for cotton seed products.
MENTIONED IN THIS ARTICLE
New York
London
St. Glasgow
Middlesboro
Coly
Northern
Southern
Southern Aost
St. Louis
Also Mentioned on This Page
Bears
Dallveredom
Shorts
Atkineon
God. A. McCord
Cashier
wHos. C. Erwin
Ann. Cashier
Third National Bank
H. M. Atkinaon
DR. A. Woalnoun
John W. Grant
Letters of Credit and Foreign Exchange
Frank Hawkine
H.Y. McCord
Carroll Payne
Maddox-Rucker Banking CO
Ourpluss and Profits
Laat
Anr
Pitta
Cothran & Co
Sonal
Rec
SUI
Cobton
Thin
Southern Exchange
Bruce, Jones & Co
Violett & Co
Lowry National
Thos
Egleston
Sam'l M. Inman
D. Meador
Robert J. Lowry
T. J. Avery
Jos
Howell Jones
Pryor
Tefecenot
Atlante National Bask
He Neal
Moar Og
Hester
Atlanta Brokerage & Commission CO
U.S. Jones
Prusentials
Pbs
Hubbard Bros. & Co
B. Mills
Municipal and
la Securities
Robinson-Humphrey Cy
Tromas B
Paine & ¢G
Equitable Building
Cothran & Cf Bankers and Brokers
New York Cotton Chine
Chicago Board of Train
Empire Eld
A. B. Baxter & CO
Ing
Pryor St
Broadwy
Wits Syste
Principg
Daniel J. Sully
Wall Street Exchange
New Yone
New
John W. Digket
Augusta, GA
Hubbard Bros. & Ft. Cotton Merchants
New York Cotton Emig
New Orleans Cotton Exchange
Cotton Association
W. Martin
William E. Bush
Investment Securitié Augusta, Ceorcia
W. H. Patterson Agl Investment Securities
Southern Exchange Gould
Bruce
Jones & Cotton
Kimba
The
American Associatiat
Public Accountants
Chas. H. Highley & Co Publig Acgountants & Jot
Empire Building
Bell Phone
Anderson County
Sall
Sir Martin & Bro
Ceorcia
Ce and Coal
Piaca
Gar
Bell
Ben't Offles
Thurmond SL
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