Cotton Market Slumps Then Steady On New Year Notes
New York and New Orleans trade reports show cotton opening with a 1 point decline amid liquidation and war news in the Far East. Prices recovered to near day highs, closing steady and near the best, with 800000 sales estimated and firm boll weevil support amid tight margins ahead of a holiday.
MENTIONED IN THIS ARTICLE
New York
Far East
Saan
Tredimz
New Orleans
Shorts
Jongs
Mauidate
Boll
Ti Mony
Cothran & Co
Ables
Liverpool
Bruce, Jones & Co
Atlanta
Justowether
Wabbard Bros. & Go
Dry Goods Market Ends Quiet Day in New York
New York reports a short dry goods market with buyers scarce as prices remain firm despite earlier declines linked to the cotton market. Chicago notes firmer wheat opening with May activity and a war-influenced mood, while corn stays firm on western buying and rising speculative interest.
MENTIONED IN THIS ARTICLE
New York
Baxter & Co
Chicago
Tme
Southwest
Cotton Market Rebounds After Soft Close 1903
New York December 3 and Atlanta December reports show cotton prices ending firmer after late weakness. Bulls and bears traded control as liquidation, margins, and long-covering shaped activity. Liverpool weekly stats show American exports and stocks, while forecast for 1904 predicts prosperity for the cotton industry.
Wheat markets end year firm amid war news and light receipts
Chicago futures close mixed with May wheat near 84 cents and corn around 45 cents as lack of snow and war news buoy prices. Reports show smaller western yields, steady demand from commissions and heavy activity from shorts covering. Provisions rise with hog and rib prices, while Armour positions influence declines and advances. Receipts edge lower, board closes strong amid bullish tone.
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Chicago
Shorts
Clarances
Minneapolis
Duluth
Jeu
Bushela Cothran & Co
Seaboard
Gulf
Far East
Armour
Howell Jones Co
Grain and metal markets mixed on year-end trading
December 31 market roundup shows wheat futures inching higher on bullish signals from woolly winter reports and light receipts, with May and July options buoyed. Copper and tin rose in London while lead and other metals held firm, and coffee and sugar markets closed steady amid cautious demand.
MENTIONED IN THIS ARTICLE
New York
London
Glasgow
Middlesboro
Northern
Southern
Southern Soft
St. Louie
Shelter
New Orleans
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