Cotton Market Weakens Sharply as New Reports Spark Decline
New York and New Orleans cotton markets weaken with steady to lower opening and a late rally on short covering. Prices slip to March 1¢62 and May 1¢86 amid heavy expected receipts and room bears. New Orleans closes with 84 to 58 point losses. Dry goods and tobacco sections show mixed activity in regional markets.
MENTIONED IN THIS ARTICLE
New York
Taverpool
Armid Chering
Cvon
New Orleans
Snteady
Bears
Adama Express
Metropolitan Securities
Americar Car and Foundry
Mneapolis Anid Et
Nat. R. R. of Me. Co
New York Central
Ontario and
Wetern
Bart Am
Smelny and
Refag
Norfolk and Weastern
Pitts
C. C
el Atlante Canal
Baltimore
Pollman Palas
Brooklyn
Tata
Naw-Jersey
Public Steel
Villago
Rock Ieland Co
Morthwester
St. L
Chicago
Mil
St. Paul
Southern Pacific
Southern Reilway Ris
Colorado
Tennessee
Texas and Pacific
Western
Consolidated Gas
Union Pacific
Delware and Hudson
Wenuae
Sahnite
United States
Proferrea
United States Steel
Tiny Genert Electric
Ioo
Hocking Vaves
Virginia Cerolina
Illinois
Wels Fargo Expressaeager
Town Central
Wheeling and
Lake Erie
Wisconsin Central
Kansas City
Southern
Northern Pacific
Louisville
Nashvil
Stose-Sheffield
Manhattan Kl
Selea
Stocks and bonds move amid cotton market notes and prices
Market summary reports mixed activity across stocks and bonds with cotton trading showing weakness in late session. Steel and railroad shares lag while western and southern markets show cautious demand. Analysts cite weather, crop prospects, and legislative fears shaping near term sentiment.
Cotton seed oil and coffee prices drift lower
Markets show subdued demand with evidence of further liquidation likely to push prices down. Cotton seed oil in New York and New Orleans trades steady to lower amid jittery speculative activity while coffee futures open steady then ease before midday cautious recovery. Grain supplies and prices feature notable shifts with sharp draws in corn and oats and smaller changes in rye and molasses.
MENTIONED IN THIS ARTICLE
New York
F. O. B. Malls
Memphis
New Orleans
Bearish weekly statistics pull wheat futures lower in Chicago
Chicago February 6 weekly bearish statistics dragged wheat May futures down to 84 3 4c as corn and oats also fell while provisions held steady. Cash markets showed weak demand and mixed livestock trends with cattle and hog receipts rising and markets varying by region.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Kansas
Nebraska
Ocean Passage
Kansas City
United States
Minneapolia
Duluth
May
Also Mentioned on This Page
Shorts
Norfolk
American ‘Tobacco A
Atchison General
Atlantic Coast Line
Baltimore and Ohio
Chesapeake and Ohio
Chicago and Alton
B. and
Quincy
New Chicago
R. J
Pacific R
Midland Uplands
Erie
Wilmingte
Poe
Terior
Blouston
Cincinnati
Galveston
Houster
St Louis
Oregon
Benneylvania Co
St. My
Iron Mountain
St. Ani
San Francisco
St. Touts
Southern “Pacific
Southern Bellweya
Texad
Toledo
Union ‘Pacific
Ware & Leland
Terruary
Vances
Lst
Weil
Montgomery
Idyarpool
New England
Stecke
America
Urope
BR. Siedenburg & Co
Price
South
Oricea
Cen
France
Japan
Ice Reds
Britain
Hti
Whae Ag
Bouton
Philadephos
Brunashy Org
Newpor
Houston
Augusta
Nue
Louis
New
Sale
Mena
Ise
Wate Ie Baevnn
Ogteter
MF Stiocks
Gibert & Clay
New York Stock Exchange
New Orleans Stock Exchange
Chicago Board of Trade
Liverpool Cotton Association
Galveston Cotton Exchange
New Orleans Board of Trade
Fagan
Wall Street
Cordova
Lowa
Texans
Robinson-Humphrey Co
Atlanta
Johan W. Dickey
Hawaii Territory
The
United States Congress
U. S. Treasury
Kountze Bros
Bankers
Maddox-Rucker Banking Company
New Orleans Cotton Exchange
B. C
Siedenburg & Co
North Broad Street
Empire Building
J.B. Cheatham
New York Cotton Exchange
New Orlenco Cotton Exchange
N. Y
Frank Hawking
H. M. Atkinson
V. P
Thomas C. Erwin
Joseph A. McCord
R. W. Byers
3Rd National Bank Capital
A. W Calhoun
Milton Dargan
John W. Grant
H. M. McCord
Frank Hawkins
J .H Nunnalty
J. Carroll Payne
EB. B. Rosser
David Woodward
Lowry National Bank
Hubbard Bros. & CO
Hanover Square
L Averpool Cotton Association
SW. Maertin
Boston
Washington
Philadelphia
London
American Audit Compa F. W
Fourth National Bank Bldg. Co
B. Bidwell
Amdit
Martin & Garrett
City of Augusta
Leonard Building
Georgia
Atlanta Structural Bteel Co
He Financials World
Ester Oda
Achilles Hulding
Chieege
William E. Bush
Investment Securities Augusta Ceorgia
Southern Exchange
Fourth National Desk
Low 'Y Nationst Benk
Bell
Besdard
Gould Building