Cotton Market Steady After Notices Prompt Early Liquidation
New York February 28 notices in the cotton market totaled about 46 000 bales, triggering early liquidation before local spot houses intervened. March and other months showed initial strength on covering and foreign buying, then fell back as weekend realizeings cooled. Spot values stood at middling upland 12.70 and gulf 12.95 with 200 bales sold, while cotton goods markets remained steady but quiet.
MENTIONED IN THIS ARTICLE
New York
Or & Paints
Shorts
Liverpool
March
Manchester
Balkans
Gulf
Sea Island Cotton Markets Share Bearish Tone Across Regions
Reports from Savannah and Charleston show steady to bearish cotton activity with mixed prices. Weekly values in Georgia and Florida ranged from 25 for fancy grades to 21 for finer lots, while Charleston noted receipts of 103 bales and stock at 2,772. In New York, March futures faced early strength but closed barely steady after a volatile session, with March up 20 points at one point before erasing gains.
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Savannah
Yebruary
Georgia
Fioridla
Florida
Charleston
Hubbard Bros. & Co
New Dork
New Orleans
Post Devag
S BA
SRA Salih
London and New York financial snapshot February 28
London bullion total 271000 pounds taken in Bank of England amid copper weakness from continued China selling. Berlin and Paris exchange rates firm with private discount varying. New York stocks steady to higher with US securities holding parity. money markets show deficits then easing. Commodity prices mix with copper, sugar, pork and lard activity noted. imports and exports figures released for week ending February 22.
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London
Bank of England
Ahelance Torley
Bar Oliver
China
Berlin
New York
Chicago Railways Company
Chicago
Harris Trust and Savings Bank
Chicago Stock Exchange
New York Stock Exchange
Henry A. Blaw Esq
City of
Wheat Market Dips on Heavy Government Reserve Estimates
Chicago trading today showed a somber mood as traders priced in government targets indicating larger farm reserves. Wheat slipped 1-8 to 1-4 cents, corn was mostly unchanged, oats down 1-8 to 1-16, while provisions rose about 2 to 2 1/2.
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Chicago
Northwest
Duluth
Buffalo
Market drift as investors await inauguration gloom
New York trading was subdued with small price moves and dull activity ahead of the Washington transition. Can, Woolworth, Sear-Roebuck and Goodrich led declines among less stable issues while bonds firmed and call money rose to 4 percent. Coal and freight costs edged higher amid tight money and foreign-leaning sentiment.
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Can
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Common
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United States
Market Quotation Highlights From Port Valley Cattle Yard
Livestock prices show steadier tone with better steer mix and rising beef quality ratings. Port Valley men A J Evans and A B Brown display strong corn-fed stock including two loads of choice heavy steers and hogs. quotations cover steers 200 to 800 pounds and pigs 100 to 160 pounds, with prices ranging across the board.
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Prine Om
Port Valley
J. Evans
Tate
Evans
A. B. Brown
McDonough, Ga
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