Cotton Market Slumps as Long Positions Liquidate
In New York trading today a large cotton business occurred amid heavy long liquidation. Prices opened flat to slightly up but fell sharply, with the day ending about 25 points lower as selling intensified. Reports from Liverpool and various U.S. hubs note weak demand and widespread pressure on futures, while analysts warn the market may need a price decline further before buying resumes.
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March
Con- Hanal Liquidation
Liverpool
Colton
Price, McCormick & CU
S. Munn
É& Co
York
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Heter
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Otton
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CDO
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Marsh
Inilan
Outlook Favored Prices Stocks Bearish Feel Fades
New York March 8 The market was relieved of acute weakness as demand for stocks remained almost unappreciable. Reports stayed favorable for values while speculative commitments dwindled. Traders showed little willingness to buy, with only minor activity in select issues and mixed responses to earnings and dividends across rail and industrial shares.
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Tn Thuny
Sean
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Treasury Department
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Taleto
Atacunda
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Hotel M
Ser
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Tete
Ren
Jenny Ju
Wayman
Jenny
Cash and Wheat Rally Across Markets on March Board
Cash wheat gains support from Liverpool and New York futures with May contracts showing strong closes. May corn and oats rise amid robust cash demand and export talk, while provisions also firm as pork, lard, and rib fat lift. Trade notes include receipts, exports, and currency shifts across London and Berlin.
MENTIONED IN THIS ARTICLE
Liverpool
Americo
Stocks and Bonds and Market Update Reader
Stocks and bonds quotations and market notes across Georgia and Atlantic markets. Reports include Georgia railroad bonds and stocks, cotton movement analysis, live stock prices in Chicago and St Louis, and Atlanta grain and produce prices with nearby futures and cash markets.
MENTIONED IN THIS ARTICLE
Atlanta
Macon
Columbia
Rome
Atta Sap Y
Ama
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Attal& At
Georgia
Southwestern
Cheap Real Estate Money Offers From Jacob Haar
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