CENSUS REPORT BOOM HELD COTTON MARKET BULLISH
New York opened firm on Far East news and a bullish census report showing 8,848,247 commercial bales ginned by December 13. Prices jumped early, March to 1373, July to 1396, with gains over a cent, as bulls led buying and shorts covered amid strong activity and 900,000 bales sold.
MENTIONED IN THIS ARTICLE
New York
Cacton
Bull
Far East
Liverpool
Censua
Department of Agriculture
Ibuyera
New Orleans Cotton Market Grips After Census Output Jump
The New Orleans market opened quiet then surged as futures climbed amid a census report showing U S cotton ginned up to 6,526,244 bales. Prices spiked 50 points from highs, with May futures up about 2. None of the gains held fully, but the market ended firmer with a net rise of 65 to 82 points.
MENTIONED IN THIS ARTICLE
New Orleans
Iride
Census Bureau
I Otockarety
Dry Goods Market Weather Impacts New York Trade
The Dry Goods Market in New York reports shipping disruptions due to weather hampering regular business. Buyers are expected to increase commitments soon, while cotton prices move with census data and market sentiment. The Cotton Letter notes bullish outlook yet cautions on profits and potential declines as traders adjust holdings.
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New York
Cothran & Co
Europe
Gunnalig
Cotton Market Advances on Ginners Report and Liverpool Buying
Rumors of rising prices as American buyers and Liverpool activity push May and July contracts higher. Ginners’ report shows 463000 bales ginned by December 31, versus 9344600 last year, triggering panic among shorts. Traders expect further gains amid continued liquidations and covering in futures.
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Inez
Jess Lotten
Hubbard Bros. & Co
New York
Liverpool
Bureau
Verday
Hester
Atlanta Bronerage & Commission CO
Jones
Prudential
P.O
Market Outlook and Cotton Prices Rise After Bullish Reports
The report highlights strong opening in New York trading as Tulso-Tokyo war worries ease and ginners’ data signal bullish demand. Miller & Co. notes high port receipts and rising prices amid favorable fall weather, with traders pressing long positions. Southern Exchange confirms a strong market open and mentions substantial buying from New Orleans-connected firms. Coffee market shows steady opens with Wall Street demand and European buyers active.
MENTIONED IN THIS ARTICLE
Miller & Co
New York
Misuke
Saxon Ag
New Orleans
Wall Street
Market Rumors Reflect Profit Taking and European Influence
Reports indicate profit taking and shifting European sentiment shape recent trading. Coffee and sugar futures fluctuated on Wall Street and European cables with mixed local prices, while metals showed declines and copper rose on London activity.
Outlook Brighter in the Far East Amid Bleak Grain Market
The Chicago wheat market opened softer but moved with improved mood on Far East prospects and potential peace talks, while May wheat and corn saw early declines followed by late buying. Provisions fell on lighter hogs and strong cash demand despite mixed receipts. oats rose modestly as traders anticipated favorable movement conditions and rising demand.
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Chicago
Minneapolis
Duluth
Ilinety
Nebraska
Horges
Toca
Atlanta Brokerage Co
Liverpool and Chicago Market Roundup Early January
Liverpool grain reports steady wheat and mixed American oats with dampened buying. In Chicago live stock receipts reach 7,000 cattle and 32,000 hogs with prices mostly steady to lower. cattle and hog sets show moderate shifts with beef and pork values drifting. Kansas City and St Louis round out with steady to weak cattle, hogs softer, and sheep firmer on limited demand.
MENTIONED IN THIS ARTICLE
Liverpool
Chivaga
Kansas City
Jamily
Fed
Western Fed
Fruits and Confections Shopping in Atlanta January 5
A fragmented list from an Atlanta market page shows prices for apples, oranges, lemons, bananas, nuts, cocoanuts, dates, figs, candys and prunes. Items include medium apples 2504350, oranges 275, mixed nuts 2%2, cocoanuts per 100 3757% and candy sticks 50-2c.
MENTIONED IN THIS ARTICLE
Atlanta
Virginia
Georgia
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