Record January Cotton Prices Rally Hits New High
New York reports a quiet market with spot demand lifting prices as January contracts hit a season high around 15.88 and May near 16.42 before closing higher in some hours. Port receipts totaled 26,527 bales with week totals near 175,600, while New Orleans and Houston futures and spot quotes show mixed movement amid holiday adjournments and renewed covering.
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New York
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Liverpool Cotton Market Up in Closing Trade
Liverpool December 31 report notes spot cotton prices firming by one point with American middling at 850 and good ordinary around 814 to 862. Daily sales totaled 10,000 bales, including 9,300 American, with receipts at 11,000 bales and futures opening and closing steady.
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St. Louis
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York
Dry Goods Markets Close Strong in New York
New York markets for cot ton goods and cotton yarn closed at year’s top prices on October 3. Wool costs eased locally while firmer prices supported by firm sales. Stobbers reported solid results from clearance events as the trade tone remained firm.
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New York
Stock and Cotton Markets End Year With Optimism and Quiet Trade
Stock market closes on a hopeful note for profits in the new year with minimal call money and broad asset liquidity. Reports from Savannah and New York describe Sea Island cotton, sugar, and molasses markets steady, while Rock Island and Southern Pacific show activity. bond markets reveal reserves and deposits shifting as year end adjustments unfold.
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Wheat and corn tumble on liquidation fears December 81
Chicago grain markets weaken as December wheat options lose ground amid profit taking. May futures drift lower while corn oats and provisions follow the broad downtrend and receipts rise in the northwest. Cotton and domestic prices across the region show mixed declines and steadying signals.
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Chicago
Devery
Board of Trade
Hesters cotton movement shows declines from last year
New Orleans makes public the December movement to year end with declines from last year and year before last. Four month totals fall short of last season while Northern mills and Canada raise intake. World visible supply rises modestly week to week with gains in Great Britain and Europe offset by reductions in the United States.
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Week's Trade Review Shows Broad Improvement Across Markets
New York reports a quiet finish to the year after a busy period in wholesale lines and retail checks. Cotton prices hit new highs for the year, live hogs set records in western markets, iron and steel show only temporary quietness in new business while demand remains healthy. Wheat and corn exports rise with the 26 weeks ending December 30 showing strong totals, and the year ends with expectations of a brighter twelve months ahead for industry and manufacturing.
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Naval Stores Prices and December Market Snapshot
naval stores reports show turpentine and rosin firm with varied receipts and stocks in Charleston and Savannah. prices for turpentine and rosin listed with multiple grades and recent sale figures, plus window glass and water white chemicals priced. bank clearings and coffee futures mix with market steadiness ahead of holidays.
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