Cotton futures slump marked by sharp declines
Market brief notes a large drop in cotton futures with New Orleans closing near twenty four to twenty one, while New York shows a substantial fall around thirteen to thirty eight points lower at the close. The report highlights a troubled session for cotton traders and notable downside across major exchanges.
Weekly Chroncle Weather and Cotton Market Report
The New York Financial Chronicle reports a week of unfavorable weather with lower temperatures and light to moderate rain in many districts, some areas receiving over 5 inches in Mississippi, while farm work slowed. In New Orleans, spot cotton trading nearly halted as futures fell amid war rumors and heavy selling, with brief recoveries later. Secretary Hester’s crop statement shows a net decrease in movement into sight versus last year and year before, with partial season totals tracking below prior periods but ahead of 1901 in overall season progress.
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New York Financial Chronicle
Mesars, Cothran & Co
New York
Moat
Mississipp
Ecretary
Hester
New Orleans
eSecretary
Ester
Bond Quotations and Market Roundup
U S refunding 2s and other registered bonds quoted with coupons. Various 4s, 3% notes, and Consols listed for Chicago, Missouri, Kansas and Texas regions. National and foreign bond listings show mixed changes. cash and securities corrected weekly totals noted. Cotton letter from Galveston reports July contract selling pressure, brief panic, then partial rally as bulls steady, with spot cotton down about 20 points.
United States Cotton Movement and World Spinner Takings
Summary of cotton movement from September 1 to January 29 with figures for ports, inland takings, and stocks across northern, southern, and Canadian mills. Highlights include total season movement near 7.04 million bales, foreign exports, and weekly takings by spinners reaching about 201 thousand this week versus prior years.
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United States
Mississippi
Ohio
Potomac
Northern
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Igo
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Serreta Hester
New York Cotton Movement Report January 29
Supt Kings Crop Report shows weekly movement and weekly and total year to date cotton figures. Port receipts, overland shipments to mills and Canada, southern mill takings, and interior stock are detailed alongside yearly comparisons for movement and totals.
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King
New York
New York Cotton Exchange
Canada
Mills
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St. Louis
World Cotton Visible Supply Declines From Last Year
New Orleans January 29 Secretary Hester reports the world visible cotton supply. The week shows a decrease of 46,767 from last week and declines of 190,660 versus last year and 669,176 versus the year before. Total world visible is 861,202,000. American cotton totals 2,970,202. Other kinds 866,000. Britain and Europe hold 2,108,000. Egypt, 2,?
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New Orleans
Hester
Brazil
India
Great Britain
Europe
Egypt
Cotton Letter Signals High Open Then Late Rally
Atlanta Brokerage Co reports cotton futures opened at season high amid active trading and nervous market. Professional traders controlled the pace and prices moved higher before easing near close. Receipts light and week end stats favored higher prices, Liverpool market firm, close steady though below day’s peak.
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Atlanta Brokerage Co
New York
Liverpool
Wheat and grain futures rally on war rumor talk
Chicago trading pushed May wheat sharply higher on war rumor signals with gains in corn and oats and firm closes as selling from longs trimmed earlier advances. Wheat opened strong, peaked, then eased but remained firm. May closed near 90 cents, July about 83 cents. Provisions little changed.
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Far East
May Atea
Argentina
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Market Report Notes Volatility Amid Russo Japanese Tensions
Irregular market moves persisted as fears of Russia Japan tensions unsettled traders. Bulla dominated briefly before bears took over. Profit taking slowed progress, with liquidation aimed at resuming heavier buying on dips. Cables showed varied prices. Leading exporters stepped in with bulk buying as Manchester prices held firm. Weekly figures show a 54 000 advance over last year despite unsettled trade.
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Russia
Japan
Bulla
Manchester
Etill
Tast
Bruce & Co Cotton Letter From Atlanta January 20
Early Liverpool advices showed a modest gain while the market remained erratic. U.S. prices opened higher but drifted lower, with March leading while October weakened. By midday declines intensified then partial recovery followed a volatile session. estimated receipts stood at 19,000 bales versus 31,640 last year, and the spot market remained firm with expectations of a rebound.
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Bruce & Co
Atlanta
Liverpool
Ndertone Inclinea
Cothran and Co Cotton Letter Signals Market Turbulence
New York report notes Liverpool turmoil and growing Far East tensions influence cotton. After an initial upturn, a 64 per bale drop triggered a rush by fresh investors and shorts, followed by feverish trading. Analysts warn future fluctuations will be violent and frequent as liquidation continues.
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Cothran & Co
New York
Liverpool
Far East
Jesu
Southern Exchange Cotton Letter Headlines Unsteady Market
New York reports a turbulent cotton day with English prices up then the Atlantic market rising, followed by a wide intra day swing. The market closed barely steady about 20 to 30 points below last night, with spot at 16.05 and ports receipts totaling 18,034 versus 31,840 a year ago.
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Southern Exchange
New York
Liverpool
London Wool Market Sales Report January Auction Details
The London wool market offers 13 842 bales with crossbreds active and firm, some lots bought by Americans. Details list New South Wales 100 bales scoured and greasy prices, Queensland 1 100 bales, Victoria 4 000 bales, South Australia 1 400 bales, West Australia 2 000 bales, New Zealand 3 000 bales, Cape of Good Hope and Natal 200 bales, and Buenos Ayres 100 bales with varying scoured and greasy rates.
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London
New South Wales
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Victoria
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Buenoa Ayres
Miller and Co Coffee Letter Delivers Mixed Markets
New York January 29 The coffee market shows broad trading with the cotton crowd acting as a large buyer. Opening prices rose above last night’s quotes but later declined about 10 points, leaving a steadier market with no clear direction. Brazil reports brighter crop prospects and higher receipts. despite optimistic notes, the view remains prices are likely to advance in the long run.
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Howell Jones Co
New York
Tme
Liverpool
Willer & Co
York
Miller & Co
Brazil
Liverpool Grain Market Quick Stabs and Price Drift
Liverpool January 20 Wheat spot firm futures steady March 63 34d May 6u 2%d Corn spot American mixed new 43 34 do old 45 6%d futures quiet January nominal March 49%4d Cotton Seed Oil and Meal New York January 29 Cotton seed all strong prime crude fob mills 20 30%c prime summer yellow 3744 28c off summer yellow nominal prime white 40 prime winter yellow icos azc Memphis January 20 Cotton seed oil car load jets prime crude per gallon 301gc off crude 27 28c prime summer Fellow 334 33%c choice cooking summer yellow less than car load lots 42c New Orleans January 20 Cotton seed oil refined barrels 854c off refined barrels 34%c prime crude Joona 80c
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New York
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