Bearish crop and weather news lift cotton early
New York July opening dull yet steady with futures firming after selling orders from Liverpool and southern spinners. Articles note crop and weather news in line with expectations, rising prices into midday as buyers cover July and August, with New Orleans and other markets showing support for summer options amid favorable crop reports and projected showers.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Southern
New Orleans
Southern Exchange
Galveston
Missionspot
Murphy & Co
Vicksburg
Texas
Chronicle
Fort
Camparea
Market Letter Reports Cotton And Coal Trade Surges
B M Seale & Co midwinter market letter notes cotton spot sales high as Lancashire spinners pause on short time and boll weevil news stirs Texas. New Orleans July and August lift, coalers show strength on strike context, and rail stocks like Reading and Baltimore and Ohio gain. Export talk and Argentine ship class halts begin.
MENTIONED IN THIS ARTICLE
Atlanta
Jay
Liverpool
Texas
Atlantic
New Orleans
Norfolk
Hocking Valley
Wheeling
Lake Tile
Union Pai
Nery Strang
Baltimore and Ohio
Pennsylvania and
Southern Railroad
New York Centrth
Reading
Pennsylvania Railroad
Brooklyn Rapid Transit
Manhattan
Wapapore
Bali
Savannah
Macon
Augusta
Augusta Ga
Columbus
Georgia
Actes
Alabama
A. Sayed
Georgia Railroad
Feta
Central of Ga
Ms Central of
Col. ‘Trust Ga
Ee Os Uz Central of
Gonsala Be
Central
Southern Ry
Pacific First
Aeaboas
Eenboar Aquar
Rotred
Bre
Southwestern
Augusta and
Favanneb
Tissa
Mobiles Bight
RL Murphy & Co
New York
Indianapolis
Pennsylvania
Reading Railroad
Southern Railway
Granger
Bututhern Pacific
Union Pacific
Lake Erie
Vance
Pacific Coast
Cop
Per
Ste
Fuller Company
Pharp
Wes
Market notes from July weather and commodity prices
Reports from multiple markets describe wet weather bolstering July short interest in wheat and corn, with private house receipts and July contracts lifting prices. Sugar, coffee, cotton seed, and flour markets show mixed activity across Atlanta New York St Louis Cincinnati and Savannah, while London wool and European exchanges add to a broad commodity snapshot.
Excitement in the Grain Pits Amid Rain Run
Heavy rains in the southwest sparked a buying surge at the open as July oats and wheat rose while July corn and September contracts moved higher. Short covering by shorts and scarce contract-grade stock fed a volatile session with quotes finishing firm in many futures. Local receipts stood at 230 cars with 7 contract-grade, while overall activity reflected rain damage and export demand notes across corn, oats, and wheat markets.
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Chicago
Reseri
Boise
Ritter
Pees
Epee
Sd Ontpeal
Hi Tene
Uusere Eet
Shorts
Illinois
Iowa
Merraska
Ansas
Missouri
Regala
Minneapolis
Duluth
Seaboard
Fair Commission House
Bull Party
Murphy & Co
Faing
Harris- Gates
Barclay
Wall Street Day in Review and Texas Cattle Market Report
US and Chicago markets buoyant with coal and oil stocks firm. In New York and city outlets cattle receipts rise with steady to higher prices for native and Texas steers and mixed hog demand. overall market shows strength with varied alphanumeric values for prices and weights.
Market Summary of Cattle Hogs and Sheep Prices
St Louis reports cattle receipts 2,000 with native shipping and export steers strong at 6.25 to 8.25, hogs 7.35 to 8.10, and native lambs 4.75 to 6.40. New York tin prices rise while copper remains steady. London quotes zinc and lead steady. electrolytic copper futures and spot prices noted amid a mixed metals market.
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Con Miners’ Convention
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Pacife Coast
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Republic Sural
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Coroner clears Daly- West mine officials in fatal blast
Sparks From The Wires notes the coroner's jury finds Daly- West mine officials blameless for the disaster that killed 35 men. Also reports Nelme's remains sent to Calumet, a UM student’s education path, Navy captain Wagner Reisinger's death, Venice Campanile sympathy cable, and admiralty court ruling on ship liability. A telegraph trial for Alaska and a new US signal service line from Fort Gibbon to Bale's Rapids planned for October 1.
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Daly- West
Charles Nelme
Calumet
Mich
Nelme
Ahn Arbor University
Alaska
United States
Fort Gibbon
Bales Rapids
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