Cotton market opens strong as New Orleans leads gains
New York and New Orleans firm in early trading with futures up 8 to 20 points. July tops 17. with March at 17.04 May 17.45 and July 17.55, edging higher on bull support and strong New Orleans buying. Near record optimism cites census data and hefty New Orleans demand.
MENTIONED IN THIS ARTICLE
New York
New Orleans
New England
Houston
Galveston
Census Bureau
Texas
Prac- Healy
Sale
Liverpool
Closing Bond Quotations and Market Notes
The report lists numerous bond quotes from Chicago RI and Pacific RR to Union Pacific with various 4s 3s and 2s, ex-dividend items, and debentures, plus notes on miscellaneous prices for 4s and 2s and convertibles. Also noted is a Dry Goods Market update from New York with rising raw material costs and curtailed production, and Atlanta Brokerage Cotton Letter citing shorts forced to cover as Liverpool gains lift prices.
MENTIONED IN THIS ARTICLE
Chicago, RI
Pacific RR
C. c
Bt. Louis General
Chicago Terminal
Consolidated Tobacco
Colorado and Southern
Denver and
Rio Grande
Erle
General
I Fort Worth
Denver City
Hocking Valley
Louisville
Nashville
Manhattan Consol Gold
Mexican Central
Minneapolis and
St. Louis
Missouri, Kansas
Texas
New York Central General
New Jersey Central General
New York
Cotton Market Bull Run Keeps Prices Soaring
The Howell Fones Co. Cotton Letter notes a relentless rise in world cotton prices, with futures and spot records set daily. Bulls dominate, shorts scarce, and margins risk widen on breaks. Liverpool prices rise, local markets strong, and a Texas movement hints at ongoing cover before the ginners’ report.
MENTIONED IN THIS ARTICLE
Howell Fones Co
New York
Liverpool
Hubbard Bros. & Co
Houston
Texas
Cotton market note signals cautious outlook
The close was firm as outsiders bought the long cotton. Prices were dangerous and demand for spot cotton did not track futures, with the spot market quiet and nominal at about 50 points ahead.
Miller Co Cotton Letter Sparks Farther Market Rally
The Liverpool market opened better than expected and closed just above Saturday, while New York started strong and rose to near top prices, setting new high records. Futures moved faster than spots, prompting mixed views on a possible pullback. traders warn of 100 to 200 point fluctuations and urge extreme caution amid looming sensational developments.
Market Wanes as Bearish News Surges Corn and Oats
Chicago February 1 grain markets show a bearish surge despite firmer wheat. May futures edged higher for wheat while corn and oats rallied late on buying by longs, and provisions stayed mostly steady to lower. Strong foreign overhang and Minneapolis flour-milling slack fed anxiety, with visible supply down and weekly shipments rising.
Wheat Market Signals Mixed, Prices Edge Higher in May
Market reports from Chicago and Liverpool show mixed signals with wheat prices sliding on bearish news yet firming by day’s end. Minneapolis mills closed briefly while May futures rose about a half to three quarters of a cent. Corn and oats followed wheat higher as demand improved and speculative sentiment shifted bullish. Provisions held steady amid heavy selling by Armour and Cuodahy interests, with hogs averaging around 204 pounds last week.
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Chicago
Europe
Great Britain
Minneapolia
May
Kansas
Wall Street
Minneapolis
Duluth
Ee Ee
Miller & Co
Cudahy
Armour
Copenhagen
Leiter
Commisnion
Armour Brokers
Shorts
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