Cotton Market Rebounds After Early Rise And Selloff
New York opening shows firm demand on improved Liverpool cables with futures higher by 10 points while spot gains. Midday demand falters as bulls face liquidation. market closes barely steady with slight losses. New Orleans spot opens brisk then stabilizes above yesterday’s level, shipments and weekly Liverpool figures influence sentiment. Dry goods market firm as raw materials rise and wholesalers limit buying.
Cotton Market Ends With Mixed Closing Quotations
Reading general 4s to 6s quotes and various lines from railroads and consolidations indicate a cautious finish. Port receipts, English and New Orleans reports show movement steady but not strong, with concerns over weather and domestic demand shaping the week’s tone.
Quietness Rules In The Grain Pits On Feb 2
Quietness ruled in Chicago grain pits as May wheat and corn moved modestly higher while oats gained slightly and May pork products fell. Bulls faced light receipts and weak European news early, then buying from exporters and commission houses supported May futures, with wheat closing up and oats advancing, while provisions slipped on profit-taking.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
Poe Close
Headstreet
3Uinneapolis
Duluth
Patten
Atlanta Brokerage Co
Ship
Cotton Market Bullish Outlook Shifts as Liverpool Cables Firm
New York February 20. Cotton prices moved sharply with gains in both spots and futures. Buyers entered early and prices climbed about 18 points, while cables showed a rise of 11 points at opening and futures up 14 points. Market sentiment remained bullish though the strength depended on controlling powers and short interest was noted as large. Reports on the bull syndicate circulated but details were scarce, prompting cautious acceptance of various theories.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Hubbard Bros. & Co
New York
Fnally
India
America
Arnan Aflos
Uplands
Charleston
Americus
Uteres
Mobile
Savannah Ae
E. Chosin
Chrajeston
Ee Od
Wilmington
Worfatk
Baltimore
Boston
Nelphia
Osiobe
Frinandina
Pensacola
Artie
Port
San Francisco
Portland
Tolala
R. M. Seale & Co
Atlanta
Metropolitan Street Railway
St. Louis
Railwest
United States
London
Balkans
Argentina
Atlanta Brokerage Co
Bears
Bull Syndicate
Baxter & Co
Allen Miles
Cnidge
Texas
Sarah Brands
Wien
Lotte
Lowe-F
Grain market notes from Chicago and Atlanta and New York
A dense market summary reports wheat and corn swings in Chicago notes with Argentine demand and private cables, mixed prices and improved exports, plus pork and lard shifts. Atlanta and New York receipts show flour and commodity prices, butter and eggs, groceries, and fruit markets with modest gains and regional stock movements.
MENTIONED IN THIS ARTICLE
Atlanta
Arbuckle
Cordova
South Georgia
F. W
Worceeter
Ste
Mustarn
A. B. Baxter & CO
ING
Murphy & CO
Lwasea
Tathicago
Orleapy + coTron
3Rocks
Pryor Street
Io Jackson Building
New York
Cutive
Broadway
Rook
Market prices and commodity notes from February reports
A historical blend of market prices covering produce like potatoes onions and cabbage, and a dense section on naval stores and metal markets. It includes prices for turpentine and rosin from Savannah and Wilmington, plus futures quotes for tin copper lead and iron. It also mentions hide markets and refined sugar price movements in New York.
MENTIONED IN THIS ARTICLE
Naval
Savannah
Wilmington
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