Late Trading Sees Cotton Prices Dominate Sessions
Prices were strongest in late trading with cotton futures closing 16 to 31 points higher. Export demand kept market momentum as spot prices rose across nearly all points, indicating a broad rally in cotton markets.
Weekly Weather Report From The Chronicle
Chronicle reports a week of light rainfall with generally low temperatures across regions. Cotton market opened firm with quiet gains, late-session strength kept prices high, January through July contracts hit new highs, and exports surpassed port receipts amid active market demand.
Closing Bond Quotations From The Market Tables
A tally of corporate and railway bonds with yields and credits including Chicago and Northwest 7s, Norfolk and Western 4s, Colorado and Southern 4s, Union Pacific 4s, Reading general 4s, Southern Railway 6s, Texas and Pacific bonds, Manhattan consol gold, Missouri Kansas and Texas 4s, and other issues across major lines and utilities with varied percentage prices and conversion details.
MENTIONED IN THIS ARTICLE
Atchizon
Toledo
West
Baltimore and Ohio
Union
Canadian Pacific
Central of New Jers
Chesapeake and Ohio
Wheeling and Liae Gb
Chicago and Alton
Wioconalo Central
Ad iMag
Chic
Northwestern
Adams Ae
United States
C. CC
St. Loui
Rae
Colombo Southern
Idby Wells Fargo
Delaware
Hudson
Del
Lac
Hocking Valley
Amr Sugar Refining
Town Central
Anaconia Mining Cas
Brooklyn Rapids
Annon
Kansas City
IBIS
Colorado Fuel
Iran
Colun and
Hock Coat
Louisville
Neshville
Iona
Consolidated Gas
Manhattan L
General Vectric
Metropolitan St. Ry
U International Parer
Firas
Minneapolis
St. L
New York Central
Norfolk
W Tern
Ontario and Western
Pennsylvania
Pitts
Reading
Republic Steel
Hubber Goods
Rock Island Co
Annes
al ‘Tenn
G. L
United States Leather
St. Louis Southwestern
United States Rubber
United States Steel
St. Paul
Southern Pacific
Western Union
Southern Rallwa
Car. Chemical Co
Texan and Pacific
Seaboard
Chicago
Northwest
Norther Pacific
R. I
Pacific
Conno
Norfolk and Western Consol
C.c
St. Louis
Oregon Short Line
Partic
Chicago Terminal
Consolidated Tobacco
General
Colorado and Southern
Iron Mountain
Denver
Rio Grande
Bt. L
San Francisco
Erie
Wen
Fort Worth
Southern Pacifla
Southern Railway
Toulsville
Nashville
Texas and Pacific Uats
Manhattan Consol Gold
St. I
Western
Mexican Central
Union Pacific
Minneapolia
St. Lo Az
Missouri
Kansas
Texas
Wabash Let
National Ry. of Mexico
Consol
Wheeling and Lake
Wheat and corn futures rally on strong demand and weather fears
Chicago futures rise as wheat leads with May closing near the day’s top, corn and oats also higher. Reports of heavy export sales, frost damage in Argentina, and fears of continental weather boost buying amid tight supplies and firm cash movement. oats mild and hogs supported by strong pork futures.
World cotton supply and stocks rise and fall
The report shows total world viable cotton supply up 121,653 from last week and 19,093 from last year, with 578,000 against 540,000 work. World visible supply afloat and held in Great Britain and Europe totals 1,909,000, up from 1,686,000. Egypt holds 91,000, India 142,000, and the United States 1,424,000 compared with prior year figures.
MENTIONED IN THIS ARTICLE
Brazil
India
Great Britain
Europe
Egypt
United States
Secretary Hester Reports World Cotton Movement Shifts
New Orleans December 1 Secretary Hester's weekly cotton exchange statement shows increased movement into sight over last year by about 66 000 bales, and above the year before by 1 000. For 18 days of December totals rise 70 000 over last year, 36 000 over year before, and 4 000 over 1900. Since September 1 receipts at U S ports total 4 040 944, overland deliveries 263 403, and inland stocks 487 937, with season totals near 6 148 284. Foreign exports for the week rise to 292 353. North and Canada takings up 1 266 from last year, total American takings 1 599 720. Seaboard stocks and southern centers show decreases, with supply to date around 6 914 083 against 6 259 129 last year. New Orleans market notes spot cotton active and firmer with futures rallying to morning highs before fluctuating. World spinners’ takings for cotton show 3 525 000 bales since September against 3 740 000 last year. Liverpool grain market reports firmer wheat and corn prices.
MENTIONED IN THIS ARTICLE
Galves
Norfolk
Baltimore Ae
Boston
Wilmin
Philadelphia
Savannah
New Orleans
Mobile
Charleston
Ste Brunswick
Newport
Port Townsend
Houston
Augusta
Memphis
St. Louis
Galverton
Liverpool
Fntires
New York
Galveston
Thameston
Wilmington
Baltimore
Newport New
Brunswick
Port Arthu
Port Townse
San Francisco
Hester
United States
Mississippi
Ohio
Potomac
Iilits
Canada
Weiss
Ei Capvore
Seaboard
Porta
Aight
Seretary Hester
King
New Yo
Interior
Erland
Cotton Letters Report Mixed Market Moves and Demand
Atlanta and New York cotton letters describe a volatile session with gains in early trading fading into cautious lates. Reports show higher exports year to date versus last year, sizable stock swings, and expectations of further advances despite war cloud fears and heavy short covering.
Cotton market steadies in brisk, holiday trading in New York
Howell Jones Co reports brisk, bullish action in cotton trading despite holiday timing. Prices rise as buyers scramble to the market, with closes 16 to 31 points higher. Port receipts reach 68,309 bales, exports 107,185 bales. South reports exporters taking all offered while white American spinners plan curtailment and foreign spinners continue buying raw material.
MENTIONED IN THIS ARTICLE
Howell Jones Co
New York
Cothren Co Cotton Letter Prompts Mixed Market View
New York reports from December 8 note gloomy Orient rumors and war talk, yet bulls push prices higher with optimism. Manchester struggles and several spinning firms cut work, while cotton can rise on demand and perceived shortage. Cables warn against assuming futures, urging caution before firm conclusions.
MENTIONED IN THIS ARTICLE
Cothren & Co
New York
Liverpool
Manchester
Miller Co Cotton Letter Reports Upward Cotton Market
The apot market drives strong export demand in the south and New York, with prices advancing from 8 to 3-8, Liverpool closing easy. The market strengthens after the first hour and buys absorb offerings from all sections, closing near the day’s high. A shrinking weekly cotton movement signals a tight supply and bull support, with 411,000 bales in eight weeks versus 964,000 last year, suggesting limited spot cotton.
Baxter & Co Cotton Letter Reports Early Rush Amid Russian-Japan Tensions
In New York on December 8, foreign advices dampened early mood amid Russo-Japan tensions. Cables showed price gains and bears expected no selling pressure to halt the upward trend, with reports of a potential early movement decline. Spreads held high prices as spot markets remained firm, and receipts at ports reached 40,000 against 0,000 last year. A fresh buying wave emerged as prices rose amid war-scare talk from Europe and eastward coverage.
MENTIONED IN THIS ARTICLE
New York
Commission Houses
Rts
Meckipss
Errtsol
Soriss
Liverpool
Longs
Atlanta Brokerage Co
Hubbard Bros. & Co
I Bulla
Baxter & Co
Ely
Shorts
T.he Rusden
Euro
Bir
Snidday
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Chronicle
New York Financial Chronicle
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Daniel J. Sully
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John W. Dick
Augusta, GA
Southern Exchake
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Cotten Keeting
Botton
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William E. Bush
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Geo
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