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Atlanta Constitution in Atlanta, Georgia

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Atlanta Constitution

Location

Atlanta, Georgia, United States of America

Date

Dec 31, 1903

Page

2

Cotton Market Turbulent Start to Year in New York

New York cotton opened irregular with a 7 point advance and swung to a sharp decline amid heavy liquidation. Bulls reportedly unloading, prices rallied intraday then weakened toward close, finishing lower by about 33 to 49 points. volume around 1.5 million bales.

New York Westerday Uniebulla Sorat GMA Liverpool Estan Dusinesa

Market Turmoil in Cotton Prices Across Markets

New York December 30 reports show volatile cotton trading with wide swings. Bull leaders questioned as prices dip late day after earlier advances, with spot markets in the south mixed and port receipts around 50,000 bales. Analysts warn of further declines before a possible rally, while Liverpool and New Orleans show varied moves and persistent uncertainty among traders.

Britain France Atlanta Norfolk Baltimore Boston Wilmington Philadelphia Savannah New Orleans Mobile Memphis Augusta St Charleston Cincinnati Louisville Houston Unay New York Townsend Japan Pensacola Great Britain Continent Mexico Atlanta Brokerage Co Ratton Manchester Atwood Violett & Co Rew New York Journal of Commerce Todny Hester Hobson

War affect on grain and provisions seen in trading

Markets rallied on war rumors lifting May wheat to new highs while corn oats and provisions also advanced amid strong demand and heavy buybacks by traders. Receipts were mixed with large primary and spot trades, Armour influence noted as buyers supported declines.

Atlanta Chingo Shorts Armours Howell Jones Co Chicago Honcey Cothran & Co Wheatmarket Liverpool London Japan Rusaia Cudohy Atmonar St.Louis West Cudahy

Market volatility and war news shake grains and cotton

Expert demand signals push prices higher while shorts cover in a strong market. May offerings surge to 38 cents amid war news, with hogs and ribs trading, and corps and packers active. Wheat dull holiday trade, overseas factors and Argentine weather add to weaker cash demand. cotton futures crash with heavy shorts covering as traders fear a new meltdown.

Ogate Patten Baxter & Co Chicago Broomhall Minneapolis

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