Cotton market opens steady as Liverpool lift boosts prices
New York reports a steady open with gains of 2 to 4 points on cotton futures and spot demand from the south. Liverpool advances support prices though profit taking near close. New Orleans and other markets show steady to firm midday levels with mixed receipts. Official quotes list mixed middling ranges across key ports, while futures open higher in sympathy with Liverpool.
MENTIONED IN THIS ARTICLE
York
Manchester
Liverpool
Houston
Bear Aide
Wall Street
Phillips
Chicago
New Orleans
Rome
New York
Wight
Yeaterday
Ciguing Quesscioun Aes Geen Cof
Atlanta
Savannah
Galveston
Norfolk
Beugusta
Charleyton
Louis
Catton
Bedet
Nureday
Eniany
Gur
Marker
Benya
Siacey
Murphy &Co., Inc
Pryorat
Jackson Building
Broadway
South
Cotton Market and Crop Projections Highlight Mixed Optimism
The report analyzes semiweekly and monthly cotton receipts, predicting a possible crop around 10,700,000 bales despite claims of a smaller harvest. It notes 46,000 excess over last year and 65,590 over the prior year, with thirteen leading towns contributing 67,000 against 60,000 year before last. Market commentary cites improving demand for cotton goods in New York, fluctuating May prices, and bullish statistics from interior towns and plantations. Chicago, St. Louis, and Liverpool activity suggest continued price support amid heavy movement and expectations of a weather-influenced start in Texas.
MENTIONED IN THIS ARTICLE
Ertos
E. Small ‘& Co
New York
Liverpool
Houston
Murphy & Co
Manchester
Texas
New Orleans
Fims
Chicago
St Louis
Turpentine and rosin markets and prices in multiple ports
Detailed notes from Savannah Wilmington and Charleston on spirits turpentine and rosin receipts sales and exports with price quotes. crude turpentine and tar steady. groceries lists from Atlanta with coffee and sugar prices. Treasury balances report ending with a fragmented line on January 14.
MENTIONED IN THIS ARTICLE
Savannah
Wilmington
Charleston
Wall Street Slump After Bond Rumors and Sugar Drop
New York January 14 reports show a marked stock market decline driven by speculative disappointment. Weakness deepened as bonds surfaced, with Atchison and Erie movements dragging many leaders. notable losses in United States Steel and Delaware and Hudson, while Sugar tumbled on refined price cuts and trading remained unsettled through the close.
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Finanvizi Tablegram
New York
London Financial Cablegram
Elote
South Africa
Baltimore
Ohio
United States
Union Pacific
Murphy & Co
Delaware and Hudson
Atchison
Erlersti
Denisis
Tosa
W. E. Small & Co
London
Cp Geod
Ingiders
Keene
United States Steel
Conoper
Erie
Manhattan
Gould
Missouri Pacific
Chicago Grain Markets Plunge Then Rebound Amid Phillips Margin Crisis
Turmoil erupts in grain pits as George H. Phillips fails to meet margin calls triggering heavy selling of wheat corn oats and rye. Short covering and late bull support lift May prices though overall sentiment remains weak with substantial Phillips short positions estimated at millions of bushels and primary receipts rising. Provisions rise on hog market strength while oats and rye follow the broader collapse and rebound pattern.
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Grafr
George H. Phillips
Coreate
Phillips
Beare
Longs
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Bimbir
Minneapolis
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Shorts
May
Phllips
Exid
York
W. E. Small & Co
Chicago
Southwest
George Philips
Seaboard
Liverpool
Catiforzim
San Francisco
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aSig
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