Cotton Opens Mixed on July 9 as Rain Boosts Market
New York July 9 cotton opened barely steady with 2 points lower to 1 point higher amid rains and drought relief hopes. Liverpool weakness and rain in the belt pressured prices, but New Orleans showed underlying strength as shorts covered. Futures edged up 6 to 7 points, with total estimated sales around 50,000 bales and spot quotes firm across markets in Atlanta New York and Savannah.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Alabama
Mississipp
Louisiana
New Orleans
Wight
Delveriva
Atlanta
Savannah
Galveston
Norfolk
Mobie
Memphis
St. Augusta
Charleston
Houston
St. Louie
B. Beer
Carolinas
Mississippi
Texas
Owever
Cotton
Louisians
Arsansis
Oklahoma
Bayovne
United States
HAPOR
Fatarday
Weynesdy
Coud
Cattos Gutures
Wiverpool
Fuvares
Stenay
Kansas
St. Louis
Chicago
Cincinnati
California
Ward
Mess Park
Generen
London
Lake
Ger Wen
Sip
Aedarmen
Middlesboro
Ocal Marie
Activa
Maron
Cordova
New Orland
Lindstreet’s
Tost
Canada
Rockies
Europe
United
Iitary Texas and the Atlantics blanked by rain
Recent rains east of the Mississippi aid crop growth and revival. Numerous localities seek moisture and a general rain is hoped to prove beneficial. There is no rush to market the new crop yet as operators await clearer indications of probable outcome.
MENTIONED IN THIS ARTICLE
Iitary
Texas
Atlantics
Mississippi
Wall Street Sees Mixed Day of Gains and Profit Taking
The market showed speculative buying still driving steel and rail stocks while profit taking cooled advances. Key factors included currency movements to Chicago, a possible dividend dispute over United States Steel, and renewed pressure in Missouri Pacific and Western Union as investors reassessed near term gains.
MENTIONED IN THIS ARTICLE
New York
St. Paul
United States
Chicago
Capresa
Nashville
Missouri Pacific
Stoec
Bears
Western Union
Sugar
Pennsylvania Railroand
Amalgamated Copper
Atchison Board
Chees Peake and
Ghia
Colorado Southern
Ilinois Central
Louisville and Nashville
Missouria Pacific
New York, Central
Norfolk and Western
Pennsylvania
Reading
Southern Railway
Union Pacific
Colorado Fact
Luger
United States Steel
Do. Preferred
Western Upton
Prime Mercantile Space
St. Oe
Mexican Centrat
Mex
Vitam
Missouri Paoilla
Randa & Tat
Proferral
New Jersey
Alton Ga
Calengo
Ora
St. Louis
Bilecoeaytayerst
Pr. Co
L&w
Wabash Town
Profeo
Wheel &L BE
Lake Erie & Wa
Wieconsin Central
Loutevile & Nas
Express Companids
United Itatay
Wella Farce
Mischllanboos Amsi
Hocking Valley
AD. Smelt & Lel
Brook
Iran
Col. T
Icv Consol
Internat
Osig
O.cou
Mora Atchisonian
S.J. Vans Gon
San. An
Pacific
I. BN. A Enteit
Union Pacticds
Wabosb Tits
Told
Chicago Market Report Highlights Weather Driven Wheat Rise
Heavy rains across the wheat belt boosted futures as September wheat led gains while corn and oats climbed modestly and provisions fell. Trade showed thin activity with shorts covering and nearby weak sentiment. receipts and shipments were reported across Chicago and Minneapolis Duluth markets.
Murphy & Co Cotton Letter Summary of July 9 1902 Market Decline Rumors
The New York cotton letter reports a slight early market decline on thin activity. Sentiment leans against the market amid conflicting government report interpretations and rumors of a heavy August movement. Prices slip as short interest grows. port receipts this year around 1,500 versus 6,100 last year. rain noted in several southern towns. Southern cotton mill stock quotations list numerous Georgia, South Carolina, North Carolina, Alabama, and Virginia mills with varied bids and asks.
MENTIONED IN THIS ARTICLE
Murphy & Co
New York
Lancashire
Texas
Atlanta
Oklahoma
Abilene
Vicksburg
Palestine
Uttiran
Southern Cotton Mill
Huch MacRae & Co. Bankers
Wilmington
N.C
Abbeville Cotton
Alken Mfg. Co
American Spinning Co. S.C
Anderson Cotton Mills
Wig
Arkwright Mills
8. C
Augusti Factory
Avondale Mills
Ala
Wee Bibb Mig. Co
Hennettayllie Mfg
Cabarrus
Darlington Mfg. Co
S. Eagle and Phenix
Enoree Mfg Co
Enterprise Mfg.Co
Exposition Cotton Mills
Gaffney Mfg
Granby Cotton Mills
Granby Cotton Mls
Graniteville
Greenwood Cottonins
Grendel Mills
Henrietta, Mills
King Mfg. Co
John Ss
Langley Cotton Mills
Laurens Cotton Mills
Lockhart Mills
S.C
Market Letter Highlights Cotton and Stock Moves
R B E Seale and Co reports mixed cotton and stock activity from Atlanta on July 9. Spot markets steady, 15 000 bales traded. high temperatures and rainfall deficits in the cotton belt urge caution on January and March sales. Stocks show advances in St Paul and firming rails, while Western Union faces pressure amid railroad disputes. Wheat rises early on wet weather, with profit taking near close as southwest weather improves.
MENTIONED IN THIS ARTICLE
Atlanta
Weekly Bureau
Livernoal
Manchester
New York Cotton Exchange
Texas
St. Paul
Basig
Chesapeake and Obio
Norfolk and Western
New York Central
Pennsylvania
Western Union
Chesapeake and Ghigo
Loulaville
Nashville
4& Regire
Wheat market shifts amid heavy rains and strong corn demand
The market shows mixed signals as heavy rains in Iowa and Kansas drive covering of shorts and strength in July wheat while September remains bearish and December bullish. Across cities, prices move with weather, export demand, and stock changes, with hogs and flour products showing varied gains and losses.
MENTIONED IN THIS ARTICLE
Iowa
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Cotton Region Bulletin
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Southern Pacific
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eRhied Do
Preferrad
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Terxas Pacific
Enn
Coalandiran
Aes
Seu Do
Wabash
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Ieee
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Neal Loan & Banking Co
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Thos. Egleston, Samwl M. Inman
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Ebobert I. Lowey
Thos. D. Meador
WH. G. Raoul Ry
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Murphy & Co., Inc
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