Stocks Opened Under Pressure in Spotty Rally
The market opened under pressure but covered shorts slowly amid a wary buyback. Bearish liquidation fears lingered as professionals anticipated a pause after dividends and bond subscriptions, with Panama Canal and government deposits in July shaping the money outlook.
Cotton and Wheat Market Summary from New York and Chicago
Ware and Leland report in New York that July market activity was restricted before the monthly report, which showed 83.3 improving prices briefly before dullness returned. Texas showed gains since the report, dampened by Liverpool weakness and favorable weather expectations. Chicago notes steady start with buy orders for September at 80c, shorts covering, export interest on the sea and gulf, and a cautious bullish undertone despite potential sunken prices on soft spots.
MENTIONED IN THIS ARTICLE
Yffrk
Bears
Brittmore &Ng Ohl
Panama
Weather Bureau
London
United States
Tate
Prime Mercantile Paper
Sterling Exchange
New York
Texas
Liverpool
Chicago
North Dakota
Seaboard
Gulf
Cotton crop notes from Texas and Arkansas report
Shesreen Hammill & Co reports Texas and Arkansas cotton conditions with observations on plant size color and moisture. Texas crops show cool nights and humidity affecting color while east Texas shows good growth though some areas need rain. Arkansas crops look better. drought easing with light showers and market action suggests selling on rallies.
MENTIONED IN THIS ARTICLE
Atlanta
Texas
Arkansas
Longview
Black
Dallag
Atlantica
Foreign Finances and Exchange From London and Berlin
Foreign finances report prices in London and Paris markets with Consols, Atchison, Louisville and Nashville, Hinoa Central, and bar silver levels. It notes money figures and short and three month bills, plus Paris and Berlin exchange rates for checks and rentes.
MENTIONED IN THIS ARTICLE
London
Atchison
Louisville
Nashville
Hinoa Central
Paris
France
Berlin
Liverpool cotton market declines on government crop figure
Gibert & Clay of New Orleans report that Liverpool cotton prices fell as investors reassessed the June crop condition. Heavy liquidation, 6000 bale spot sales, and a bullish initial reaction gave way to a quiet market as government figures failed to meet bullish expectations amid drought and later rains.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Market Outlook Amid Bushes and Steel Earnings Hopeful
The article suggests a cautious market stance with possible speculative buying but few near term pressures. It states no expected money market disturbance, government disbursements and imports under control, and notes assurances that Steel Corporation earnings are at their best, implying stock declines may not reflect underlying business conditions.
MENTIONED IN THIS ARTICLE
Steel Corporation
Live Stock Market Reports Across Cities July 3
Chicago, St Louis and Kansas City report cattle receipts around ten thousand to sixteen thousand with mixed strength. Cattle, hogs, and sheep prices vary by class, with markets described as steady to strong and top prices noted for heavy and export grades. Texans and southern cattle show differential demand across regions.
MENTIONED IN THIS ARTICLE
Chicago
Walgois
St Louis
Kansas City
Wheen& Lower
Texas
Arizona
Flour and Grain Prices in Atlanta and New York Trade
A July report from Atlanta lists numerous flour and feed goods with prices, including Diamond Talent 86, Poster's Elegant 6.38, fancy spring 500, and various white and yellow corn values. New York market notes flour quiet, wheat steady with No 2 red at about 90 5/8, corn barely steady around 89 1/2, oats steady, and general price movement as of July 3.
MENTIONED IN THIS ARTICLE
Atlanta
Victor
Purina
New York
Jly
Also Mentioned on This Page
Southern Drilling Co
Frompt
Mullign Lumber CO
Bex 74
Ourdele, Ga
Drvaitiom
Hautey Land Co
Birmingham
Als
Peachtree
Seventh Streets
Southern Bell Telephone
J. Epps Brown
Manarcer
J. M. High CO
Atlanta, GA
AKO Vipfund
Iackens
York
Stucks
Adme
Zoft Spew
Aument
Ware & Leland
Shesreen, Hammill & Co
Gibert & Clay
Pany
Mutual Benefit
Newark
N. J
Angier & Foreman State Agents
Rawson
Rawson Street
Forrest & Ceo
Foote
Davies
Algban
North Side
East Front
Piedmont Avenue
West End
Ss. B. Turmai
L.C. Smith
Y.M.C. A. Bic
Smith
F. E. Par
E. Mitchell St
Whitehall
Bell P
Dro. H. EB
B. M. Woolley
St. Lows
Cincinnati
Niewspai