Cotton markets surge to new highs on firm demand
New York July 9 cotton futures climbed to new highs for the season as public buyers pushed prices higher despite lackluster factor activity. Spot sales remained firm with higher middling uplands and Gulf quotes, while weekly weather notes and Texas crop signals influenced late-session trading. Export receipts in New Orleans and Houston showed declines versus last year, with market gains trimming by day’s end.
MENTIONED IN THIS ARTICLE
New York
Inar
Laserpiot
Traster Vandittens
Altacuaga
Texas Mesa
Telis
Seth
Wether Riyer
Olguer
New England
Bates Agaim
New Orleana
Hourton
Do. Gulf
Liverpool
Benny Pete
Turaday
New Orleans
Galveston
Mobile
Savannah
Charleston
Wilmington
Norfolk
Eoston
Houston
Memphis
Augusta
Cincinnati
Condition Of Grain Given By Government Report
Washington July crop report from the crop reporting board details July 1 conditions for major crops. It lists winter wheat, spring wheat, corn, oats, and other staples with per cent of normal, yields per acre, and total production estimates, including regional state figures and recent farm stock levels, with comparisons to prior years.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Bureau of Statistics
iHuil
Census Bureau
Prinipal
Ebraska
Missouri
Oklshama
Nim
Virginia
Kentucky
North Carolinas
Maryland
Tehacro
Fatimated
Ahout
Copper Shares Rally Then Waver In New York Markets
In early trading copper shares rebounded from yesterday’s weakness but later fell back as gains disappeared. Market liquidity tightened and concerns about the kidney situation surfaced. Copper producers published a June statement signaling lower output, offset by reduced domestic and overseas demand. London private reports suggested European copper demand remained weak with price declines. Government report released near market close showed no material change from expectations. Honda and U.S. government securities remained steady with total sales around 1.765 million dollars.
MENTIONED IN THIS ARTICLE
York
Sper
London
Coop
Honda
United States
Market summary shows heat fears spur corn rally
Kansas heat fears drive a broad market rally with corn leading gains. Wheat and oats moved mixed while provisions stayed steady. government crop reports kept traders cautious as futures fluctuated and cash markets firmed across Chicago and St. Louis.
London and New York Bond and Currency Report
American securities opened higher then fell on rumors of price cuts by smaller dealers and a weak Cooper Producers Assoc report. By noon prices in London mixed with New York showing gains then declines. bullion moved into Bank of England. In New York money rates steady, sterling about 4.85. treasury balances and deficits updated. Mining stocks in Boston show activity with Arizona and Cananea issues noted.
MENTIONED IN THIS ARTICLE
London
Mdon
Casino
Cooper Producers’ Association
New York
Milnote Central
Louisville and Nashville
Southern Railway
Cotton Seed Oil Market Signals and New York Close
New York July cotton seed oil held steady on light offerings and cover, while later months weakened on liquidation and weak demand. July ends 1 point higher. later months down 2 to 3 points. spot crude and refined prices noted. futures show mixed moves with August higher and September near 6.80 to 6.85. Bradstreet reports reductions in available supplies for wheat, corn, oats across U S and Canada, with total American and European supplies falling by more than 6 million bushels. Fort Worth leads as a major importer of available supplies.
MENTIONED IN THIS ARTICLE
Hubbard Bros. & Co
New York
European Mar Kews
Dwef
Tra Weekly
Pepe
Chicago
Kansas
Washington Way
Kea
Tenjity
Kansas Ily
Duluth
Liverpool
Manitoba
Kindrad
Ateady
New Orleans
John F. Black & Co
Mack
Bradstreet
Bradstreed
United States
East Rockies
West Rockies
Canada
American
Europe
Imerengen
Fort Worth
Weekly Weather Report for Cotton Region and Honduras Rice Prices
Washington July 8 weekly weather notes show precipitation mainly in the cotton region with central Texas sparse and rainfall uneven. Mean temperatures mostly 1 degree below normal, with wide regional ranges and a low of 70 degrees at Agherville and highs around 84 at Fort Worth San Antonio and Abilene. Honduras rice market in New Orleans July 9 steady for both clean and rough grades with Japan quiet. receipts 2,005 clean and 7 rough. prices rough Honduras 3½ to 4¾. rough Japan 2½ to 4. clean Honduras 4 to 5. clean Japan 4 to 4¾.
MENTIONED IN THIS ARTICLE
New Orleans
New Orieana
Daly
Alabama
Arkanea
Howe
Meilers
Questa
Hac
Anccaraaing
Paset
Manchester
Texas
Clork
Priven
Yesternary
Washington
Miasingippi Valley
Okhlahoma
Arkane Nas
T Louisian
Miasixelopi
Tennessee
Georgia
Florida
South Carolina
Milan
Tenn
Arkansas
Central
Catton
Aghevilla
N. G
Fort Worth
San Antonio
Orleana
Honduras
Japan
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Bardennig
Cotton Regios Bulletin
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Cotton Exchanges
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V. Pres
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E C
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Atlesta, Ga
G- the South
Ck Metz
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Atlants