Cotton Market Shows Very Active Close Gains
The New York cotton market opened firm and rose up to 6 points, remaining very active and strong amid continued long-interest bets and pressure from shorts. In New Orleans, spot and futures moved with Liverpool gains, prices firmed 1-2 points early, then rallied before closing with slight net losses. Dry goods markets in New York held steady with quiet conditions and demand for export brown cottons.
MENTIONED IN THIS ARTICLE
New York
Shorts
Tole Benod
Prives Babe Vahey
S.craty
Weiner
Noveymver
New Orleans
Selv
Orleans
Iimer
Liverpool
Huyers
Balmetuding
Soa
Priers
GRE
Cone
Atlanta Brokerage Co
Corton
Unsslag
Closing Bond Aubratians and Midwest Rail 4s Rally
Continental Market Letter reports strong bond activity with multiple railroad and utility issues advancing. Notes on Chicago based lines, Denver Rio Grande, Missouri Pacific, and others show varied yields around 4s and 5s, while cotton prices rise amid brisk demand and shifting January deliveries.
Acreage Production and Value of Principal Crops
The department of agriculture reports U S crops with figures for July December final. Winter wheat production and value show strong totals while cotton futures face selling pressure as markets await bureau reports. Analysts anticipate bullish census data and cautious buyers in response to January shipment prospects and possible supply shortfalls.
MENTIONED IN THIS ARTICLE
Department
Agriculture
United States
Washington
New Orleans
Galveston
genCe
Stock Market Day With Coal Stocks Rally In New York
Murphy and Co reports a mixed morning in New York trading with irregular early activity. By afternoon vigorous buying in fire and anthracite coal shares lifted prices, supported by strong November earnings for Erie and expectations of post strike recovery in the sector.
MENTIONED IN THIS ARTICLE
Murphy & Co
New York
Eria
Hubbard Bros Cotton Letter Signals Bullish New York Market
New York trading opened with January at 8.60 and 8.61. Liverpool recovered strongly finishing at high prices, prompting traders to sell morning purchases. Continental and Egyptian buyers pushed up prices while sentiment remained bullish amid light movement and strong statistics. Cotton and steel shares rose, Missouri Pacific and Louisville and Nashville advanced, copper and other industrials gained, and the market closed strong and active.
MENTIONED IN THIS ARTICLE
Hubbard Bros. & Co
New York
Ste
Liverpool
Alexandria
Europe
Eure
Missouri Pacific
Louisville
Nashville
United States Steel
Tennessee Coal and Iron
Cotton market gains stir New York trading December 30
Upward cotton trend accelerates as bull talk grows and sentiment shifts. Analysts note expected bumper crop unlikely. prices and January prospects draw cautious support from Murphy & Co. amid wide cables and New England mills tightening supply. Daily receipts and sales figures referenced in sparse market diary terms.
MENTIONED IN THIS ARTICLE
New York
Murphy & Co
Nile New England Mills
Bearish government report eases wheat market in Chicago
Chicago December wheat prices edged lower as traders awaited the government tally. May wheat slipped to around 76 3/4 cents with other grains following suit amid lighter buying and profit taking. Oats and corn retreated slightly, while provisions weakened on ample hog supplies and soft lard demand.
MENTIONED IN THIS ARTICLE
Chicago
Shorts
Bradstreet
Minneapolis
Duluth
Atlanta Brokerage Co
Market summary from Atlanta and New York commodities reports
Mixed commodity notes show May wheat and oats fluctuating with late-session liquidation. hogs and lard steadier with limited buying by local crowds, Armour and Robson among buyers. Flour and meal prices vary by region, with New York and Cincinnati markets showing dull to steady tones. a broad array of groceries and meats reported alongside regional farm produce prices and commodity futures activity.
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Armour
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Atlanta
New York
Louis
California
Lara
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family _ Louis
Cincinnati
Chicago
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