Cotton Market Moves From Higher to Lower Amid Weather News
New York July 4 cotton opened steady with a 5 point rise on most months except July which opened 6 points down. Early trade showed firmness from weather map and showers, but lack of bull support caused a midday decline of 2 to 38 points. A late rally driven by New Orleans pool boosted July to 13.25 and August to 12.67, with September at 10.36, closing near day lows as overall market slid 3 to 15 points.
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New York
Ist
New Orleans
Wall Street
Maceipis
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Seebee
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le A
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Wee
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New
Orleano
Bruce, Jones & Co
Cotton Region
Atlanta
Wees
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Chattanooga
Clear
Columbus
Gainestitle
Greencins
Griffin
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Newn
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Ge. J. B
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Journal of Commerce
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Coton
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Imana
Shorts
Century Ag
Ata
Market ends lower as bears raid dry goods and cotton
Trading pressure builds as bears push prices to day’s lows with close in red. Dry goods demand remains cautious with immediate delivery and prompt shipment urged amid depleted stocks and production curtailment. Cotton opens higher on light activity but market turns dull as weather and forecasts temper optimism.
MENTIONED IN THIS ARTICLE
New York
Port receipts for the day and week in cotton trade
Port receipts for the day were figured at a fraction of bales, against 2,400 last year. Week totals were estimated at 4000 bales versus over 14,000 last year. The movement of new cotton was extremely small. Weekend statistics were generally described as bullish.
MENTIONED IN THIS ARTICLE
Brazil
India
Great Britain
Europe
Egypt
United States
Cotton market surges on short covering amid uncertain crop hopes
Cothran & Co reports renewed interest in cotton as prices rise 30 to 35 points on shorts covering. Analysts warn that ongoing drought fears west of the river, slow production, and limited inventories suggest prices may stay firm with cautious gains through October January and December futures.
MENTIONED IN THIS ARTICLE
Cothran & Co
New York
Leida
Boston Stock Market Weak Amid Broad Liquidation
The Boston market opened on renewed liquidation but soon steadied before Amalgamated slipped to 37 in early trading. Local shares showed weakness though no local financial weakness is believed. Exchanges in Liverpool closed for holidays on July 24 with planned closings in August.
MENTIONED IN THIS ARTICLE
Boston
Jay
New York
Corn and Wheat Market Fluctuations Reported July 24
Market notes show wheat fluctuating with a small decline in September and mixed gains in another grain mix. Corn eased after early strength but firmed later, oats stayed subdued, and provisions slipped alongside a softer hog market. Receipts and futures actions vary across St Louis Chicago and Atlanta reports, with rail and export activity mixed.
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Atlanta
Chicago
Condi Hong
Baxter & Co
Berlin
Europe
St Louis
Kansas City
Toledo
Alan
Bradstreet
Auijl
Victor
St. Louis
Deceimber
Southern Foundry and Machine Plant Burns in Knoxville Fire
Fire swept the Southern Foundry and Machine Company plant in Knoxville at about 2 30 this morning destroying the works in a blaze that started in a working room. Several men on furloughed leave escaped unharmed as flames gutted the facility. Local fire units fought the blaze for hours amid intense heat and smoke. The cause remained under investigation and the extent of damage was not immediately available.
MENTIONED IN THIS ARTICLE
Knoxville
Fenn
Southern Foundry and Machine Company
July Investments in Georgia Bonds and Stocks
A regional securities notice lists numerous Georgia bonds including city of Augusta 3% bonds due 1933 and 4% bonds, Georgia railroad and banking company 6% bonds, Augusta Chronicle Co 6% bonds, and various county and township issues. It also offers a sale of stock in several firms and announces John W. Dickey as broker. Last season’s final excursion to Birmingham on July 27 offers round trip tickets at $2.75.
MENTIONED IN THIS ARTICLE
Georgia
City of Augusta
Augusta
Nie Township
S.C
Sibi, Mts Co
Georgia R R & Banking Co
Augusta Chronicle Co
Baren Georgia Railroad & Banking Co
Augusta & Savannah Railroad Ca
Btocl
Clearwater Bleachery & Mix Co
Warren Mz Cao
Atlanta & West Ton RR. Co
Birmingham
Seaboard Air Line Sells Weekend Trips to Wrightsville Beach
The Seaboard Air Line advertises Saturday weekend excursions to Wrightsville Beach at 7.80 dollars round trip with double daily service and through Pullman cars. Three days at the beach, offering a low cost outing. Information available at City Ticket Office Piedmont Hotel Annex 115 Peachtree.
MENTIONED IN THIS ARTICLE
Seaboard Air Line
Wrightsville Beach
Pullman
Beach
Piedmont Hotel Annex
Peachtree
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Tredere
John W. Dickey
Stock and Bond Groker
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