Cotton Market Slips as New York Leads Weekly Decline
New York seen firm at first then weak on liquidation amid light outside support. Week shows futures down and spot markets mixed with New Orleans and Liverpool activity guiding prices. world visible supply rises slightly with American stock up and overseas demand softening.
MENTIONED IN THIS ARTICLE
New York
Wien
Sco
Sly Toy Seo
Suly
Liverpool
Wales
USA
H. & B. Beer
New Orleans
Galveston
Houston
Sen
U. S
Great’ Britain
Galventon
Ueay
Mobile
Savannah
Charleston
Wilmington
Norfolk
Baltimore
Boston
Newport News
Hiladelphia
Brunswick
Pernandin
Pensacola
Port Rth
Mort Townsen
San Francisco
Portland
Oregon
Movement in Cotton Trade Cited as Bullish Despite Weak Receipts
The article outlines a cautious yet bullish cotton market outlook for 1902, noting light receipts due to bad weather and rail shortages. It cites 3000000 bales in visible supply, hesitance from exporters, and a bullish sentiment as long as receipts stay light. It includes weekly and seasonal movement totals across New York, New Orleans, and other ports, with grain-like fluctuations in overland and mill takings, and reports on cotton seed oil and related commodities in various ports.
MENTIONED IN THIS ARTICLE
South
Mississippi River
New York
New York Cotton Exchange
Milly
Canada
Interior Town
New Orleans
Seecretary
Hester
United States
Mississippi
Ohio
Potomac
Mills
R. Ji. Seale & Go
M. Pryor St
Kimball House
Atlanta
Montgomery
C. W. Lee & Co
N.Y Ware & Leland
Chicago
Guibert & Clay
Murphy & Co., Inc
Dry Goods Market Report and Cotton Letter
The dry goods market in New York shows no new features with average business in cotton goods at prior prices. Print cloths quiet but steady, linens firm with moderate demand, burlaps firm for light weights, easy for heavy weights. Cotton futures open firm with 6 point advance amid small receipts and favorable weather signals. Trade active with New Orleans and southern buyers focusing on the May option.
MENTIONED IN THIS ARTICLE
New Orleans
New York
Wall Street
Hester
Liverpool
Catton
Fay
Hubbard Bros. & Co
Europe
Atlanta Brokerage Co
Wheat Hits New High Then Closes Lower in Mixed Chicago Trade
Wheat rose early on reports of strong demand and low receipts, with May prices peaking at the year’s high before longs profits prompted selling and a softer close. Corn and oats followed a similar pattern with mixed early strength and late weakness, while provisions fell on weaker hogs and ample supplies.
MENTIONED IN THIS ARTICLE
Chicago
Jgher
Deeline
Argentina
Radatreet
Minneapolis
Duluth
Shorts
Wit Yard Cove
Wheatys
Wall Street Revulsion Lifts Market After Bear Pressure
A sharp 68 point swing on the New York Stock Exchange reverses a demoralized session as buying pressure returns. Reports cite foreign capital taking a block of Pennsylvania car trust certificates and improving money conditions easing liquidity fears. Evansville and Terre Haute lead gains, while bonds move mixed and currency figures show tighter money markets both at home and abroad.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Harlem
Pennsylvania
Banka
New York Exchange
Chicago
Sterling Exchange
Venezuela
Evansville
Terre Haute
Great Northern
United States
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