Cotton Market Shows Hesitation Amid Bullish Cues
New York January 10 Associated Press reports cotton futures opened steady to slightly lower yet showed a covering rally as bullish southern spot activity and improved Liverpool cables encouraged buyers. Wall Street buying and foreign spinners' appetite lifted prices late, with a net gain of 4 to 10 points. spot markets in Liverpool New Orleans Galveston and others remained firm with varying middling quotes and steady to higher demand.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Liverpool
Ntarior
Wall Street
Anwary
Pril
Ono
Uty
Angus
Druel-Hapten Bel
Uplands
Gulf
Galveston
Mobile
Savannah
Charleston
Wilmington
Norfolk
Altimore
Hoston
Philadelphia
Miding
Mt Louis
Memphis
Mide
Greece
LSHG
Shinents
Augusta
Houston
S. Munn, Son & Co
New Orleans
Tomorrrow
Guilt
Manchester
Tomorow
New Orleana
Raleigh
N.C
Durham
Alamonte
Mont Greensboro
Cameron
Tex
Texas
Thatorta
Port Exporta
Shepperson
Hombay
Southern Exchange
Spota
Eupbert
Murphy & Co
Hera
Trecelota
Carer
Atlanta
Georgia
Ladysmith
Chicago
Price and Price McCormick Weekly Cotton Letter Analysis
Price McCormick and Co publish a long defense of their shift in cotton market stance. They explain receiving reports from southern travelers, their decision to sell due to excess southern stock, and the moral obligation to inform the public of their changed position. They argue changes of opinion are legitimate and do not justify public criticism.
MENTIONED IN THIS ARTICLE
Price
McCormick & Co
New York
Theodore H. Price
Liverpool
Atlantic
Josh Billings
Shepperson
Messrs. JR. T. Wilson & Co
England
America
Cotton Letters Signal Higher Values Soon
W H Bacheller & Co New Orleans January 9 reports leading futures open 7.04 high 7.14 low 7.03 close 7.12-13 with bears pressured by strong European buying and firm Southern spots. Liverpool gains and spot demand lift sentiment. traders expect bears to cover as stock levels are questioned and investments support higher values soon. Other letters from DeGumpens Talcott Palmer Hubbard Bros New York January 9-10 discuss stockpiles, short interest, and Atlantic markets influencing futures, with mixed signals on domestic receipts and the global outlook.
MENTIONED IN THIS ARTICLE
W. H. Bacheller & Co
New Orleans
Moe
Liverpool
L. DeGumpens & Son
Talcott & Palmer
New York
South Africa
Hubbard Bros. & Co
Manchester 4
Irems
Houston
American Sugar Refining Company
Wall Street
Tock
Salen
Bears
Railrondo
Railronde
Baltimore and Ohio
Bank of England
Imperial Bank of Germany
Gill
United States
Atchison
Chicago and
Ohio
Burlington
Rocke Island
Louieville
Nashole
Manhattan
Missouri Pacific
New York Central
Norfolk and Western
Northern Pacific
Reading Brat
Southern Pacific
Union Pacific
American Steel and Wire
American Tobacco
Brooklyn Rapid Transit
Continental Tobacco
Federal Steel
Eather
Iast
Prime Mercantile Paper
Sterling Exchange
Sugar Refining Stock Leads Slow Market Decline
New York reports a dull session with American Sugar Refining Co stock surging then plunging as investors weigh a war over sugar trade and a possible dividend suspension. Railroads and general industrials moved with bears, while foreign markets showed firmer tones on easy money.
Stock Market Movements Fail to Inspire Confidence
The day’s stock actions remained confused and violent with Sugar leading a sharp decline after President Havemeyer’s annual report. Wall Street reacted to resolutions at the last stockholders meeting seen as threatening dividends, while Atchison preferred stock and other shares faced aggressive shorting amid South African war anxieties.
MENTIONED IN THIS ARTICLE
Talbott & Palmer
New York
New York Sun
Havemeyer
Wall Street
Hayemeyer
Atchison
Stocks And Bonds Bid And Asked Prices Reported
Bid and asked quotations listed by bond and stock types including state and county bonds for Georgia issues, railroad bonds, and railroad stocks. Entries reference Atlanta Macon Savannah Columbus Chats, various years, prices and yields, with notes on income and debentures.
MENTIONED IN THIS ARTICLE
Atlanta
Macon
Columbus
Rome
Savannah
Atlags
L.D
Georgia
al& W. P
Southwestern
Aug. & Dav
London financial cable reports idle markets and meager
The Commercial Advertiser's London financial cablegram notes idle markets and the smallest American account in years. Contangos opened at 6 5% and closed at 4% while general rates held steady awaiting a potential bank rate cut. gold movements, bullion flows, and currency dealings across London Paris Berlin are reported amid overall ease in money markets.
MENTIONED IN THIS ARTICLE
London
Ilinois Central
Atchison
Loulaville
Buenos Ayres
Madrid
Lisbon
Rome
Paris
Berlin
New York
London Financial Cablegram
St. Paul
South America
Bulion
Aussta
Turpentine Markets Drift Amid Rumors and Weakness Across Cities
In New York and southern hubs traders noted thin activity in American stocks and volatile price moves. A rumored presidential stance on refineries plus dividend uncertainty spurred liquidation, while respect for low money rates and large short interest influenced early gains that faded. Naval Stores reports from Wilmington Savannah and Charleston show steady rosin and quiet spirits turpentine with minimal sales and varying receipts.
MENTIONED IN THIS ARTICLE
London
Africa
Andon
Bugar
Havemeyer
Naval
Wilmington
Savannah
Charleston
Wheat and grain markets tumble amid war scare and exports
Chicago to New York trading shows wheat irregular and weak on large receipts. corn and oats edge higher. provisions steady to higher as export demand and short-covering support prices. London Paris and Minneapolis reports note improved flour demand and export interest, with primary receipts rising and seaboard clearances mixed.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Ladysmith
Shorts
Seaboard
Minneapolis
Duluth
New York
Europe
Onte
May
Markets in St Louis and Cincinnati Trade News
Across St Louis and Cincinnati reports show flour mostly quiet to dull while wheat and corn vary. meat markets list pork and lard steady with boxed meats and bacon prices. Atlanta and New York notes cover live poultry demand, eggs, butter, and assorted groceries with fluctuating prices and regional offerings.
MENTIONED IN THIS ARTICLE
Atlanta
Caltornia
St. Louis
Chicago
New York
Cincinnati
Jersey
Tennessee
Carleston
Grain Market in Chicago Tumbles on Unconfirmed War News
Murphy & Co reports a mixed session as prices open down 10 to 15 cents and drift lower with dull, heavy trading. Cables firm, cash wheat holds, No 2 red in demand but freight space tight. 148,000 bushels moved from store and 396 car northwest receipts versus 409 last year. Wheat strengthens late. corn steadies with modest buying as weather and shipment issues affect the market.
MENTIONED IN THIS ARTICLE
Murphy & Co
Chicago
Ima
Northwest
Pancity
Also Mentioned on This Page
Spinners
TAKE
Wall Street & Buyer
Port
Europa
Canary
Memphia
Tharleston
Ios
Bates
Croup
Cheney
Sucar
Treasury
Washington
Minn
Baltimore & Ohio
Mobile & Ohio
Canada Pacific
Mo. Kan
Canada Southern
Chesapeake & Ohio
Mo. K
New Jersey
Great West
Norfolk & Western
Chicagon
Ontario & Western
Oregon R. & Nav
Tennsylvania
Reading
Del
Hudson
W.alogrande & W
al Erle
Great Nor
Aig Hocking
Mocking Valley
Sentral
Lawn Central
Omaha
Lake Erie & Pitts
Southern
Wells Fargo
la Cleche Gas
National Biscuit
National Steel
North America
Pacific Coast
Col. F. & Iron . Brook
Juga
Ee Bea RE
Fens
Thomas B. Paine & CO
Paine, Murphy & Co
Broadway
Sotto
Canada Ho
Sido
St. Paul Consols
Cheno Hernia Bai SL FC
P. Tale
TB D
Ata
Vsti Era
K.&t
Tobacco
Bate
Bur
Gusney
C. C
Ches
Onio
Ims
Alki
ATM
Missouri Pudge
Bos
Ity
National Lena
Northwestern
Maha
Pacific Maleople
Ais Oh
Rock Island
Southern Railway
St. Poo
U Leather Ptd
Western Do
West
Stocks and Bonds
Atlanta, GA
Prudential Building
Macon, GA
Jaque
Gould
Birmingham
Ala
4Th National Bank
Exchange Bank
Wagyy
1St National Bank
Mutual Benest Life Insurance Co
Newark
N. J
Bast Company
Clarence Angler
State Ag
Ware & Leland
D Tower
Antwerp
Trade Bulletin
Michigan
John W. Dickey
W. H. Patterson & CD. Deallae
Southern Exchange Éould
Nassau Street
Fisk & Robinson Bankers
Harvey Edward Fisk
George H. Robinson
New York Stock Exchange
California
Brazil
Flberts
Virginia Electric Light