Cotton market closes higher on activity and old crop strength
New York June 21. The cotton market shows firmer trading with a net gain of 5 to 8 points as old crop positions push the rally amid rain in the eastern belt and persistent dry conditions in the west. Private reports note drought in the southwest and overwatered eastern belts, with receipts at the port totaling 4,248 bales and New Orleans 674 bales.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Georgia
Englah
Bavaris
Gat
Texian
Porte
New Orleans
Hauaton
Anlea
Jester & Co
Manchester
New Orleans Cotton Market Shifts as Futures Rally and Weather Spark Activity
Spot cotton in New Orleans held steady with mixed quotes from 14.50 to 18.50 cents, while Uniton futures opened higher amid better cables and eastern Belt showers. Reports cite Lancashire mills, moisture concerns, and boll weevil damage as factors, with traders noting buying by longs and a late-day firming to near day highs.
MENTIONED IN THIS ARTICLE
New Orleans
Lancashire
Yeasterday
Rbuile
Ateady
Apathy Yet Steady Markets Amid Wheat News June report
In New York the stock market showed little activity with dull trading as concerns over the spring wheat crop weighed on sentiment. Weather bureau notes of hot dry conditions in the Plains and upper Mississippi Valley tempered gains, while foreign exchange and Central liner equipment trusts eyed sale abroad. Liverpool cotton closed steadier amid modest U.S. and European demand.
MENTIONED IN THIS ARTICLE
New Yeek
New ‘Vor
Dakota
Minnesota
Government Weather Bureau
London
Berlin
New York
Securitien
New York Central
The
Stock Exchange
Attenton
New England
United States
Weather Brief Scattered Showers Across Most Districts
Scattered showers have occurred in all districts except Little Rock and Oklahoma. Temperatures remain reasonably high across sections. Report by co. F von Herrman Seation Director.
MENTIONED IN THIS ARTICLE
Little Rock
Oklahoma
F von Herrman
Hubbard Bros and Co Market Report June 21
New York June 21 Hubbard Bros and Co report a light overall business with nervous buyers and quick moves on supply demand. Holders of old crops remain confident and hold the market while small financiers buy to cover. Market sentiment is dull with limited activity and uncertain demand for after- July August period.
MENTIONED IN THIS ARTICLE
Hubbard Bros. & Co
New York
Cotton Seed Oil Market Signals Quiet Day in New York
In New York on June 21 the cotton seed oil market was quiet with 3,800 barrels sold. Near positions faced selling pressure and most prices closed 2 points lower. Prime crude and yellow oils quoted around 7.80 to 9.15 with varied near term futures little changed amid uncertain demand.
MENTIONED IN THIS ARTICLE
New York
Gacreat B
Financial update from New York and world markets
New York money on call steady at 2 percent with bids 2 percent and offers 2 percent. Time loans weak short, strong long. 60 days 3 percent, 90 days 1 3 percent, six months 4 percent. Sterling steady. bankers' bills at 4.8465 4.8473 for 40 day, 4.9670 for demand. Treasury notes show holdings in gold and silver. London market opens irregular then firm before closing below New York. Rice market steady with light offerings. foreign exchange shows Berlin and Paris rates as of June 21.
MENTIONED IN THIS ARTICLE
Money and Exchange
New York
Sterling Exchange
London
Minors Central
Louiavile and
Nashville
Southern Railway
Extreme heat drives wheat prices to season highs
Chicago June 2 extreme heat 100 to 110 degrees and drought forecasts lifted wheat prices to the season’s highs. Corn advanced while provisions eased. World and U S markets showed heavy buying, with shorts covering reluctantly as Manitoba and Winnipeg warned of possible half crops without rain. Continuous volatility and strong cash activity persisted across Chicago Liverpool and Kansas City grain and livestock markets.
MENTIONED IN THIS ARTICLE
Chicago
Drouth-Atricken
Montha
American
Winnipeg
Longs
Cattle and Hogs Prices in Kentucky Market Report
June 21 in Loutaville Ky reports dull cattle trade as receipts reach 50 with prices near 92.50. Hog receipts 500, prices up to 9.65 for heavy and medium while light hogs 9.60. pigs down to 4.35. Sheep and lambs firm on prime lambs, sheep 4.50 to 4.00. watermarked by mixed regional bids and port receipts tallied for Galveston New Orleans and other ports.
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Atlanta
Galveston
New Orleans
Mobile
Savannah
Charleston
Wilmington
Norfolk
Baltimore
New York
Boston
Philadelphia
Port
Louis Memphia
Cinetonatt Core
Paki
Little Rock
Chicago
Calven
Stackara
St. Louis
Kansas City
Loutaville
Turpentine and Rosin Prices and Receipts Report
Naval Stores prices and receipts from Charleston and Bavanash dated June 21 show turpentine firms at 57 percent and rosin ranges with multiple grades and values. Receipts and shipments are tallied for turpentine and rosin, along with window glass and water white figures, reflecting market activity and stock levels.
MENTIONED IN THIS ARTICLE
Naval
Charleston
D. C
Bavanash
Turpentine
St BI
Recelpts
Akipmente
Rosin
Recelpta
Sugar and Molasses Prices Reported in New York and New Orleans
Raw sugar readings show Muscovado at 89 test and refined at 96 test with prices around 18 dollars for molasses sugar and 8 dollars for other grades. Granulated sugar listed at 6.15, powdered at 6.25, with some dull market activity noted in New Orleans and a tentative open market quote around 0.23 to 0.42 for related goods.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Reiseisrett
Hae Eet Dee
Yan At
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