Cotton Market Surges to New Highs Amid Strong Demand
New York January 21 The cotton market firmed after a nervous opening, posting new high levels with a net advance of about 16 points. January contracts rose to 2.72, March to 9.70, and October to 9.42, driven by New England and foreign spinners demand and census ginning hopes. Receipts at ports totaled 28,498 bales with weekly and yearly gains, while spot cotton closed higher amid firm shorts and expectations of a bullish ginner’s report.
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Zoot Totoreste
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Census Bureau
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Closado
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Thamibe Coast Line
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Nia
Ah Am Tobacco
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Anconda Mining Co
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2Nd Inc
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Entral
Do. Ist Inc
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N. RE
M Co
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Inna Central A
Oregon
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Ul Pacific My
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Tex
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4Iabc
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Dullness in the Stock Market Amid Waiting Attitude
New York on January 2 reports a quiet stock market with prices moving only slightly. Banks repay government deposits while overall demand remains weak. notable stock activity includes United States Steel and rail and coal company shares.
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London
United | States Stesl
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Virginia-Carolina Chemical
Decline Follows Advance in Wheat in Chicago Market
Chicago and nearby markets show a wavering wheat trend with a stampede for shorts pushing a brief rally, then a close with net losses. Corn verse, oats firm. provisions steady. Liverpool declines influence sentiment while May and July futures reach mixed levels amid light receipts and active short covering in hogs and pork.
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Chicago
Ehorts
Shorts
Galia
Reading Bears
Liverpool
Recsipta
Minneapolis
Duluth
Chisago
Bari
Market prices and banking report from New York January 21
The bulletin lists dairy and provisions prices including creamery butter Supreme lard and bacon, with figures for dry salt products and various butter brands. It also notes line rates and loan terms in New York money markets, with money on call and sixty to ninety day loans offered at 2 to 4 percent, and a rolling rate and closing bids specified.
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Money and Exchange
New York
Prime Mercantile
Sterling Exchange Weeker
Morris
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