Cotton Market Activity and Government Report Impact
New York June 4 The cotton market was very active and nervous after the government issued its first season report showing acreage and condition. Prices surged then steadied with a net gain, July futures up about 7 points, as reports from New Orleans and private advisories hinted at favorable development. Weather remained generally favorable, with some rain in the western belt, while receipts and weekly totals showed fluctuations across New Orleans and Houston.
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Jordan
Southern Cotton Association
Ontien
Fashon
Texas
Taverpool
Matea Copper Company
Ae Theodore H. Price
Cotton market and livestock prices across major U S markets
Weather in the cotton region appears favorable with scattered western showers and rain in Texas. government figures cited as inconclusive for acreage. Live Stock Market reports from Chicago St Louis and Kansas City show mixed cattle hogs and sheep receipts with steady to firm prices. bonds and rail stocks listed after.
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Texas
Chicago
Jung
St. Louis
Kansas City
Cincinnati
Cotton and Stock Market Movements Across Nations
The report notes rising cotton acreage at 28,686,000 acres, with improved conditions over last year, boosting bullish sentiment. Analysts expect tighter demand and higher prices as funding eases, while copper stocks show mixed moves and Amalgamated Copper signals favorable long-term prospects amid higher production costs containment.
Metal Market Quiet as London Cables Absent
New York on June 4 reports a quiet metal market with prices largely unchanged. Tin stays around 39 to 39.5, lead firm at 5.90, and Spelter near 8.90, with foundry quotes cited and regional variations noted. Cotton seed oil and meal also show limited activity with modest price levels across prime crude and summer yellow ranges. Memphis reports similar pricing for prime summer yellow and meal at 25.50.
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New York
London
S39
Trendull
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Memphis
Coffee and sugar markets show quiet steadiness in New York
June session reports mixed commodity moves with coffee futures opening unchanged and ending with gains of 5 to 10 points. Trade activity included 14,000 bags with June at 6.00 and December near 6.40. Refined sugar prices firm with various grades listed, while petroleum remains steady. Regional prices for related goods appear in scattered figures across the report.
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