Cotton Markets Rally Then Fall on Weather, Trade Hesitation
Cotton in New York and New Orleans opened with a strong advance on covering and buying for short-term gains, aided by higher cables. Profits trimmed as weather outlooks improved and demand eased, with futures closing slightly lower after midday declines and reports of routine selling by large operators.
MENTIONED IN THIS ARTICLE
New York
Sani
Jowar
Fane
Duce
New Orleans
Orleans
Briday
Liverpool
WrMay
Anata
To & Paints
Hubbard Bros.& Co. Coiton
Washington
Southern Exchange
Cutton
Wettern
Brazil
Cordova
Sukar
Fair Refining
Bond Listings with Global Securities and 4s Highlights
The item catalogs a broad range of bond and stock certificates including Chicago Terminal 4 offered, Colorado Midland 4s, Colorado & Southern 4s, Cuba 53 certificates, Denver & Rio Grande 4s, Erie First and General 48, Fort Worth & Denver City, Hocking Valley 413s, Japan 6s certificates, Louisville & Nashville, Unified Manhattan gold certificates, Mexican Central 45 and ts, Minn. & St. Louis, Missouri, Kansas & Texas 2nds, New Orleans Central general, Northern Pacific 4s, Norfolk & Western 4s, Oregon Short Line 4s, Reading General 4s, St. Louis & San Francisco 4s, St. Louis Southwestern 4s, Seaboard Air Line 4s, Southern Pacific 4s, Southern Railway 5s, Texas & Pacific ists, Toledo, St. L. & Western, Wabash Ists, Wabash Denver, Western Maryland 4s, Wheeling & Lake Erie 4s, Wisconsin Central 4s, Jap 4s certificates and other listed issues.
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Chicago
Colorado Midland
Colorado & Southern
Cuba
Denver & Rio Grande
Erie Prior Hen
Erie General
Fort Worth
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Hocking Valley
Japan
Louisville & Nash
Unified A
Manhattan Consel Gold Sr
Mexican Central
Ts’ Minn
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Missouri
Kansas
Texas
Missouri, Kansas
Norfolk & Western
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Conv
Reading General
Tron Mountain
San Francisco
St. Louis Southwestern Con
Seaboard Air Line
Southern Pacific
Southern Railway
Texas & Pacific
Toledo
St. L. & Western
Wabash
Wabash den
Western Md
Wheeling & Leake
Wisconsin Central
Calo
Metropolitan
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Missouri Pacific
Bais Ameri
L. Pfd
R. BR
Max
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Aby
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Ee Ite Pacific Mail
Pennsylvania
Anaconda Smfiofig Co
Hogy Pitta, c
Bti
Atchison
Atlantic Court
1Stape Pullman Palace
Baltimor and
Onid
Toang Tot Resa Ag
Byookiya Rapa Transit
Ee Bria
Canadian Bay
Central of
New Jer
Chesapeake and Ohio
Rock ‘Islana Co
Alton
Chicago Great West
Northwest
St. L. and &. F.anc Pfa
Mil
Colorado
Texas and Pacific S
Bt. L. Ang West
Delaware
Detz Lacka
West
United States Express
Denver and
Rio Grande
United States Leatherary
Securitie
United States Realty
United States Rubber
Bhp
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Bo Va
Westinghouse Electri
Westen Lion
Tho
Wheeling
Cityouthern
Wisconsin
Sevile
Ashville
Northern Pacific
Tropolitan Secur
Copper and steel push and pull on a volatile market
A Philadelphia Ledger clipping reports mixed commodity action with copper selling off and steels showing resistance. Traders speculate on weather, export demand, and spinners buying for cotton futures, while a cautious note on late buying and potential June deliveries colors sentiment.
Market Trends Quietly Bearish in Wheat and Mixed in Corn
Chicago June 5 reports bear market for wheat as favorable harvest weather and record world shipments damped prices. July wheat drops to near day’s low, with weak closes and large exports cited. Corn shows firmer tone after early bearishness, helped by short-covering and tight supplies amid strong demand signals.
MENTIONED IN THIS ARTICLE
Chicago
Russia
United States
Start Commission
Kanana City
Kansas
Minneapolia
Duluth
Liverpool
Shorts
Market Wrap with Cotton and Grain Data From June Reports
Market notes show July corn futures near 30 1-20, hogs rising slightly, and lard and ribs higher. Cotton acreage debate tied to May plantings. agriculture department cites 28,120,000 acres planted by May 25 with ongoing inquiries to gauge total season plantings. Coffee and sugar futures edge mixed. tin copper and lead markets quoted with modest shifts.
MENTIONED IN THIS ARTICLE
New York
Washington
New York Journal of ‘Commerce
Aepartment of Agriculture
Department OF Agriculture
Texas
London
Lake
Glasgow
Middlesboro
Northern
Southern
T. Louis
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the Lowry
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M_ INMAN
Robt
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D. Meador
Joseph Torm
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Wilkinson
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H.M. Atkinson
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NEW York Cotton Exchange
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