Excitement at Cotton Exchange Drives Wall Street Buy Order
Excitement at the cotton exchange ran high as prices briefly rose and a Wall Street firm heavily bought August contracts amid heavy European orders. Traders nervy but unwilling to short, market finished with a small net gain and daily deals around 60 million dollars, marking one of the largest days in the cotton market history.
MENTIONED IN THIS ARTICLE
New York
Cotton Exchange
Tittle
Speculatve
Ipcan
Wall Street
Spot Cotton Quotations and Regional Quotations List
The following is a report of spot cotton quotations across multiple markets including Aliantu Steady middling at 13 16 cents and steady middling in New Orleans at 9 16. Memphis shows firm middling at 8 73, Augusta at 9 4 and Houston with initial quotes around 8 13. The document also mentions the statement of receipts shipments and stock at Atlanta.
MENTIONED IN THIS ARTICLE
New York
Asinnah Steily
Callaten Trim
Setik Perey
Memphis
Augusta Stent
Charleston
Bkec
Houston
Atlanta
Norfolk
Baltimore
Boston
Philadelphia
Louis
Mit
Augusta
Southern Railway
Artie F
Chat Nooga
Birmgham Ii
Washinston
Chat Rooga Il
Jacksonville
Jacksonvilis
Tallapoosa
Tashion
Toccoa
Richmond
Columbus
Maron
Macon
Fort
Cincinnati
Eastrot
Atlante
New Fork
Purkmar
Atlantis
Washington
al Jarra
Charlotta
Jesup
Jis
Brunawick
Nville
Tampa
Knoxville
Chat
Nooga
Pai
Bt Louie Cincinnat
Brunswick
Pullman
Tame
Chattannoos
Griffin
Columous Warm Springs
Tallanoca
Birminghan
Ami
Kansas City
Meridian
Shreveport
Fort Vallew
Birmingham
Memphia
Kimball House
Demand Urgent From the Bears on Cotton Stocks
A chaotic, data heavy market summary notes urgent demand from bears for stock coverage. It cites diverse cotton futures and cash market moves across Norfolk Boston Philadelphia St Louis Houston and New York with Inman Reed and Price McCormick & Co involvement and a historic 18 000 bale Houston sale.
Financial Cable News From New York and London Markets
The Commercial Advertiser reports markets opening quiet and dull but improving on news of Pullers progress with American shares mixed. London and New York bonds and stocks show modest advances, with notable activity in Sugar Third Avenue and Southern railroads. Banks and dealers note heavy borrowing and repaid sums, while the market closes with gains and continued volatility across railway and industrial issues.
MENTIONED IN THIS ARTICLE
London
Paris
Herlin
Atchison
Atchison and Southern Railway
Murphy & Co
Bti
Peeples
Western Union
Tallwas
Amerian Tobacco
Atock
New York
Murphy Co Cotton Letter Market bulls push prices on heavy buying
The report notes bullish sentiment with strong demand and large purchases for account. May and August prices rose, receipts remained high, and in sight stood at 1,700,000 behind January's deficiency. Afternoon buying by New York and short covering lifted prices about 20 points before a brief pullback as gold influenced markets. Treasury cash balance reported at 301,287.66 with reserve.
MENTIONED IN THIS ARTICLE
Atwood Violett & Co
New York
Tasadyania
Haven
Mikes
Lapland
Ording
Syinnera
Cottan
Galveston
Memphia
Hubbard Bros & Co
Wall Street
Southern Exchange
Liverpool
Metrvallian
Third Avenue
Sul Keournth
Gond
Industral
Das
Harlington St Paul Africla
Taulsvilie
Ilst
Murphy & Co
Focal
McCormick
Jaraga
Chicago
Tebruary
Hiialg Rlate
Elpis
Wheat and grain markets drift in snowbound Chicago trading
Chicago boards pause as heavy snow slows activity with wheat slipping to 65 66 cents and corn and oats easing. May futures show weakness while cash grain receipts and export clearances mix with light demand. Provisions drift lower as cattle markets stay soft and shipping demand slackens amid blizzards.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
New York
Atlantic
Minneapolis
Duluth
Tocal
Seaboard
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