Cotton market slips after steady close on war news
New York June 29 cotton trades eased late after early strength as traders weighed Washington notes on the Lever bill passing the house and favorable rains in Oklahoma. Private crop reports varied widely from 75.8 to 78.3 percent condition with acreage down, while July futures led gains 12 to 17 points before pulling back. Spot prices for middling uplands and gulf stood at 12.25 and 13.50.
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EATER
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Spot Cotton Markets Mixed as New York and Liverpool Trade Signals Dominate
Atlanta reports middling cotton at 15M with widespread receipts and exports across New Orleans, Galveston, Mobile and Savannah. Interior moves show Houston, Memphis and Cincinnati activity with total daily receipts near 9,982 and stock nearing 389,277. New York market turns bullish on temperate weather and looming policy debate, while traders hedge against possible legislation and harvest forecasts.
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Market Report Notes Heat Affects Cotton and Prices
In the dry hot weekend across the cotton belt prices rose about ten points on local demand while demand for certain goods showed mixed signals. A July 1 report expected adjustments and a general sense of weakness persists as traders await clearer guidance. New York markets remained quiet with limited activity in gold and apparel sectors.
Weather and financial market snapshot from June weather and commodity notes
In the past 48 hours scattered showers touched a few Georgia North Carolina and Alabama stations while other regions remained fair and warm. London reports indicate foreign finances. cottonseed oil prices rose on July shorts and forward buying with about 2 500 barrels on contract and 5 000 expected to be offered tomorrow. Final prices moved modestly. July to August spreads and spot levels cited with steady overall tone.
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Georgia
North Carolin
Alabama
C. F. Vow Herrmann
New York
Shorts
Market closes firmer in some grains amid rust rumors
Wheat, corn, and oats ended lower with wheat down from small declines after an initial rally tied to heavy new winter crop movement and rumors of black rust. Corn and oats also slipped, while provisions rose on hogs. Nearby receipts in Kansas City and St Louis doubled year ago totals, with sharp offerings seen as gantry supply grows.
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Kansas City
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Atlanta Quotation for Vegetables and Grocery Prices
Readable fragment lists prices for vegetables fruit poultry eggs and livestock. Includes potatoes onions oranges grapes celery peppers tomatoes lettuce squash and okra with prices per crate sack and dozen. Also lists flour meal hay grain and feed prices, provision market figures for cornfield hams bacon sausages lard and Chicago livestock quotes.
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Fidelity Erait and Produce Company
WEL White
White Provintion Company
White Provision Company
Hama
Cornield
Cotton condition gains noted in monthly update
Memphis June 28 reports from correspondents indicate the cotton crop condition at 16.8 percent of normal, up 4.8 points from May. Improvement seen across regions with some areas still lagging due to rainfall. Weather allowed rapid work in Sap and India, though dread warm spells persist in Texas and Oklahoma.
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WEO
Very Light Trade On Stock Exchange
New York June 29 With two exceptions July 11 and November 24 of last year today’s stock market volume was the smallest full day since the blizzard of 1888. Transactions totaled 59 000 shares with opening prices mostly higher and irregular to heavy trading thereafter.
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Iste
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Absent Congressmen Likely to be Arrested
Washington June 23 Democratic Majority Leader Underwood planned a determined effort to keep members on hand to expedite business. He intimated that members whose homes may be sent for or arrested would be brought back to the capitol to secure a quorum.
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Washington
Underwood
Capitol
AT&T Ga Dividend Notice to Stockholders
American Telephone and Telegraph announces a dividend of two dollars per share payable on Wednesday July 16 1914 to stockholders of record at the close of business Tuesday June 30 1914. G D Milne treasurer.
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