Cotton Guntinuls On Down Grabe' Cotton Market Declines
New York January 7 cotton opened steady but 4 to 6 points lower as late months faced selling pressure from Liverpool and English orders. Prices in New Orleans and other ports fell, with notable weakness in the clove and fiber markets. Spot quotes across major ports showed generally steady or lower middling rates while futures drifted lower amid large selling by commission houses and bears in the wake of bearish interior town statements.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Shorts
Wall Street
New Orleans
Houston
Las
Cotton Exchange Committee
United States
Apoure
TROIL
Sustats Bott Baesurcsy Alllid
Mars
Ulverroo
Soares
Murphy & Co
Bureau
Texas
Colles
Wild Quiet
Cordova
Byrazil
Movement in cotton market drives 210,600,000 crop outlook
New Orleans and Liverpool notes show immense receipts and rising estimates. The market eyes a possible yield excess, with Texas and interior shipments boosting prices fears. Analysts warn that long positions may adjust if current vast arrivals persist beyond mid month.
MENTIONED IN THIS ARTICLE
el, & B. Beer
New Orleans
Houston
Hester
Fruits and Confections in Atlanta Market List
A fragmented shopping list from Atlanta notes fruits and confections with items such as apples bananas grapes dates figs citron and mixed nuts. Entries show prices and vague quantities amid OCR errors and stray characters.
MENTIONED IN THIS ARTICLE
Atlanta
Janueire
Straits
Ile Citron c
Turpentine Prices and Receipts Across Markets
Naval Stores in Wilmington and Savannah report mixed turpentine prices and varied receipts on January 7. Crude turpentine trades near 1.20 to 2.00 with notable volumes. Savannah shows firm tones for spirits turpentine around 3.74 with substantial export receipts.
MENTIONED IN THIS ARTICLE
Wilmington
Savannah
Wall Street Sees Mixed Market With Steel Dip
New York stocks drifted lower amid profit taking and selling pressure as United States Steel led losses while Amalgamated Copper and railway shares showed volatility. Traders awaited earnings cues from directors meetings and anticipated shifts in bond and foreign exchange markets amid copper pools and suspected tax- or policy-driven moves.
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United States Steel
New Jersey
Buser
Amalgamated Copper
Tsandon
United States
Lst
Express
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Treasury Administration
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Republic Steel
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Prat
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Hockisland
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OBE
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BOW
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Chicago Market Reviewed on January 7
Chicago reports a tense session with wheat and corn prices swinging on heavy volumes. May wheat slips to 83 1 2 and 83 3/4 cents, with mixed moves across oats and provisions as traders react to a bearish Liverpool tone and renewed selling pressure. Local receipts rise while Minnesota notes moisture issues, and analysts caution profit-taking amid a volatile market.
Oats market signals cautious buying on dips
If further decline appears buyers view oats as good value with 38 000 contract stock and July discounts boosting buying. Liberal shorts cover amid session activity while provisions hogs show ample supply and 10 to 20 cent declines prompting selling by commission houses. Market remains dull with some support for purchases on dips and firming when hard spots soften.
MENTIONED IN THIS ARTICLE
Patten
Murphy & Co Grain Letter Sees Mixed Wheat Markets
New York and London grain reports show wheat failing to hold early gains amid profit taking and weakness in Europe. Prices drift lower across Chicago Kansas City and Omaha with provisions steady, while domestic flour and corn futures move on sparse demand and local selling pressure. Florida notes and Tampa travel lines appear at article end.
MENTIONED IN THIS ARTICLE
Murphy & Co
New York
Europe
St Louis
Kansas
Prdvisions
Chicago
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