Cotton Opens Steady Then Slips as Rains Quash Hopes
The New York market opened steady with near months unchanged and distant months up to 4, but general hedging and bear selling followed reports of widespread rains. Rumors of a Philadelphia export house selling spot cotton to Europe spurred cover, lifting August shorts and pushing futures higher into summer deliveries. New Orleans prices steadied with few transactions as rainfall eased concern, while the dry goods market in New York remained quiet with unchanged tones and firm linens.
MENTIONED IN THIS ARTICLE
New York
Philadelphia
Wall Street
World cotton supply dips while market reports mixed across ports
Global visible cotton supply shows declines versus last week and last year, with Britain Europe and India noted in afloat and held stocks. Liverpool market opens with lower prices amid 10,000 bales moved, while U S ports report varied activity and steady to quiet middling prices across New York New Orleans Galveston and other hubs.
MENTIONED IN THIS ARTICLE
Egypt
Brazi
India
Great Britain
Europe
Bevel
United
OOD
New York
Gulf
New Orleans
Galveston
Mobile
Savannah
Charleston
Jay
Wilmington
Orfolk
Baltimore
Boston
Philadelphia
St. Louis
Memphis
Augusta
Houston
Liverpool Grain Market Weekly Stats and Cotton Visible Supply
Liverpool July reports show weekly totals for all sales 7,000, American 71,000, English spinners 66,000, exports 24,000, imports 7,000, American imports 6,000, stock totals 69,000, American stock 640,000, afloat quantities 29,000, American afloat 8,000, and speculation sales 900. World cotton visible supply at New Orleans July 1 shows a weekly drop of 162,459 bales, with totals 2,258,202. American cotton 4,480,202, last week 1,679,661.
MENTIONED IN THIS ARTICLE
Liverpool
Ofton
Orleans
Hester
Cotton Market News from New Orleans July 11
Liverpool advices were weak but improved with rain in the valley, lifting prices 3 to 4 points before closing. Stocks and visible supply figures show large year over year increases. demand for spot cotton remains firm in Liverpool. New York and New Orleans letters note dullness, then mixed tone with July futures steady to higher on southern buying and bears sensing limited upside. Weather reports indicate showers in the South and crops needing more rain, with general favorable crop accounts despite moisture gaps.
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H. & B. Beer
New Orleans
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Hubbard Bros. & Co
New York
O'Dell & Co
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GOW Ag
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Kane
Tox
Pacifle
Vitis
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Westers
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Market Notes and Treasury Figures From July 11
Daily financial wrap with stock moves, precious metals, and rail loan proposals. Mentions India Railways debt, New Zealand loan for railways, and American stock openings. Treasury balances show available cash and gold reserves. Turpentine and rosin prices varied in Savannah and Charleston. Cotton seed oil, meal, and Sea Island cotton activity reported across multiple cities.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Seale Co Cotton Letter Reports Mixed Grain Market
Atlanta July 1 Cottons seen reacting to Liverpool stocks and drought fears. Grain notes show wheat gains on favorable weather and rain forecasts. corn boasts modest rise amid strong September activity. Oil and steel issues move with testy speculation. rains and crop prospects drive shifts in Missouri Pacific and St Paul.
Grain Market Mixed Signals on Rain Forecasts
Chicago and other markets saw mixed activity as rains lifted demand for futures while cash hogs fell and longs covered in lard. Weather outlooks from the west boosted buying, with September futures trading at a premium to December and cash commodities showing varied strength across liver and hog products.
MENTIONED IN THIS ARTICLE
Murphy & Co
Chicago
Lane
Harris-Gates
Carryington and
Patten
Cudahy
Grain Letter Reports Mixed Activity With Buoyant Wheat
O'Dell & Co notes active grain trading, early softness giving way to firm undertone. Sept wheat advances on bullish government data and Modern Miller note, oats also strong with good cash demand. Metal and wool markets described as narrow or irregular with mixed futures. flour and grain prices show varied movement across Atlanta St. Louis and New York reports.
MENTIONED IN THIS ARTICLE
O'Dell & Co
Chicago
Country Produce Prices From Atlanta Market Noted
July market prices list Beggs fresh stock W lic dozen Butter cavice Milde fancy 18 20. live poultry hens 32 35 cents fries large 18 20 cents small 10 14. ducks puddle 7 1 ta. Damons Tore Peas white 1.25 1.50 lady 1.25 2. field mis ed 1. straight whips 1.50 1.6. huckleberries 4 5e quart. raspberries 10% w quart. cabbage per pound. Irish potatoes No 1 3 small stock no sale at all.
MENTIONED IN THIS ARTICLE
Atlanta
Coffee and Sugar Market Summary New York July
Coffee futures opened steady with minor losses and firming late amid European cables and liquidation. September led gains while other months held or inch higher. spot Rio dull and refined sugar steady with open kettle and centrifugal varieties quoted in New Orleans.
MENTIONED IN THIS ARTICLE
New York
Coom
Bull Ieaders
Lst
Bull House
Deere
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