Cotton Market Opens Steady in New York With Mixed Demand
New York February 3 The cotton market opened steady with prices 2 to 5 points higher but largely inactive and generally firm through the day. May near 8.16 and July around 8.19, with bullish London cables and active southern demand from spinners and exporters for full cotton. Weather favorable for movement of the crop, wind storm in the South disrupted wires, New England reports strong trade, total export clearances exceed last year by about 850000 bales. New Orleans market saw good spot demand with 4850 bales sold from factor tables. future opened up 2 points on favorable cables, but trading remained small and dull by close. The Dry Goods market in New York opened with steady staple cottons, quiet print cloths, and little change in frostery and underwear prices.
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Spot Cotton Quotations from Various Markets and Ports
Cotton prices steady to firm across cities from Atlanta to Boston with middling around 7 1/4 to 7 15-16 cents. Reports show sales, receipts, and stocks at New Orleans, Savannah, Charleston, Galveston, and other ports, listing firm or quiet markets and daily movements on February 3.
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Ceflelad
Atlanta
Steany, Mabieim
Tiverpool
New Orleans
Sevannah
Uiler
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Mobte
Memphis
Charlston
Houston
St. Louis
New York
Gulf
Sobbie
Savannah
Atock
Charlestan
Mtnaling
Wilmington
Norfol
Baltiore
Boston
Brusdelpnia
Feb
Memphis Feb 3 7 Ten Firm Receipts and Stock Figures
Fragmented financial lines show Memphis details for February 3 with receipts totaling 2 389 and stock at 95 430. Mentions Apgucia and Corton stead with vague figures and references to sales, ship, and credits.
MENTIONED IN THIS ARTICLE
Memphis
Ooial
Crop Market Notes From New Orleans to Liverrad
A detailed cotton market letter reports steady spot cotton prices in the south amid active demand from local mills in Alabama and Georgia, while receipts from plantations are moderate due to bad weather. It notes firmer prices, reduced movement from the south, and mixed demand from Europe and New England, with several letters citing strong Carolina mill purchases but short deliveries.
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Weil Bros
Crellka
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Liverrad
New York
New Orieans
South
Locat Mills
Alabama
Georgia
Rodie
Rosal Mills
Europe
New England
North Carolina
South Carolina
Piedmont
Ultimo
Market Review from Chicago February Weather Boosts Wheat and Cattle
Cold weather and bullish sentiment lift prices on the Chicago Board of Trade with May wheat firming to around 78% and corn showing strength. Reports cite lower western receipts, small elevator stocks, and a sharp rise in oats and pork values amid strong cash demand and tentative investment buying.
Chaos in early New York coffee markets amid weak foreign signals
Prices opened sharply and fluctuated as traders faced weakness in foreign markets and liquidation pressure in the coffee pit. Rio exchange rates rose while February receipts showed mixed bag counts. near the close, prices slipped slightly with 2,250 bags traded and several contracts quoted around 5.60 to 6.30. Continuous notes mention spot Rio coffee quiet, various sugar and molasses bids, and erratic grain letters reporting hedging and buying activity.
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New York
Bay S
Benne
Grain Market Reports Reflect Mixed Demand and Weather
The report notes bullish sentiment for corn with strong local buying and forecasts of higher values if advances materialize. It mentions cash demand, selfing by commission houses, and cautious selling on hard spots. Wheat futures show slow gains tied to market conditions and weather, with cold West and Northwest affecting receipts. Corn trade described as moderate to firm with exports rising, while provisions move from easy opening to firm in Chicago. Additional notes cover naval stores in Savannah and turpentine receipts with varied prices.
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Patten
Sidany
Tennessee
Pacific
Europe
Chicago
Savannsh
Galez
Nothite
Recd Pte Wiens
St Sapo
Seasint
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