Liverpool Cause for Caution Shifts in Cotton Markets
Cotton trading opened steady on gains from Liverpool cables but failed to sustain strength. New York and New Orleans saw sharp declines followed by partial recoveries as bears sold and bulls covered, with war fears and Russia Japan news shaping late-session prices. Receipts declined and markets closed firmer than intraday lows, yet well off day’s highs with mixed activity across letters from Baxter, Howellson, and other brokers.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Theo
Bears
New Orleans
London
Consola
Fim
Howellsone Co
Russia
Japan
Nee Grove
Ton Racelpis
Balen
Gtock
Britain
Coastwis
France
Avanta
Galveston
Norfolk
Baltimore Normal
Hoston
Wilmington
Savannah
Aminal
Memphis
Houston
Great Britain
Mexico
Breada
Profit Taking Causes Cent Loss In Wheat And Corn
Chicago January market sees May wheat drop due to profit taking with losses around 5-8 cents and nearby bids slipping. Corn weak on wheat pressure and poor support. oats fall early but later rebound. Reports show sharp intraday moves driven by false war rumors and quick covering by shorts.
Wheat and grain market notes from Chicago reports
The Howell Jones Co Grain Letter notes lead prices firm at opening then slide on liquidation as war news shifts. May wheat falls to near 87 3/4 cents with large primary receipts and strong selling. oats and corn also weaken while provisions stay steady after early declines. Atlanta Brokerage reports similar selling with Armour forces blamed for long wheat and a cautious tone about future markets.
MENTIONED IN THIS ARTICLE
Bic
Minneapolis
Duluth
Chicago
Joral
Howell Jones Co
Japan
Russia
Cracus
Ineer
Byod Commission House
Enesia
Inter Ag
Atlanta
Pacific
Nat
Cotton Market Movements and Prices Chronicle
New York market notes describe early breaks narrowing to near the bottom, with buying support lifting prices later. Reports cite 33,000 bales port receipts and daily range of 132 to 132. From Atlantic brokerage, English market gains, mixed shorts, and profit taking on rallies. Weathered by sparse movement, the tone hints at potential lower prices ahead if break levels hold. Apples, oranges, and confections details follow for Atlanta exchanges.
MENTIONED IN THIS ARTICLE
Cothran & Co
Catton
New York
Selow
Warland
Atlanta Brokerage Co
Armur Szol
Market notes show mixed sentiment amid war developments
Trading across grains and livestock reflects a hedging tone with wheat and corn moving in tandem, cargoes firm for cash, and exports dull. Provisions trade quiet with limited demand as buyers wait for fresh war news while Armour operations loom as a market influence.
MENTIONED IN THIS ARTICLE
Te West
Cora
Ulere
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Der
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