Cotton market turns firm as buyers drive May and August
New York traders showed steady gains as May and August contracts led demand. Commission houses and brewers became active buyers, pushing prices up from the prior day’s level, with the market closing with a net advance and spot quotations holding firm in key markets across New Orleans and Savannah.
MENTIONED IN THIS ARTICLE
New York
Shorts
Cale
Cotton Market Outlook Shows Weakening Demand and Tightening Supplies
Market letters report slipping demand and shrinking upland cotton stocks in Liverpool, with current futures and spot prices pressured by short-covering and heavy selling. Observers note a vast carryover in interior stocks, cautioning that continued large shipments to Europe could sustain gains, while near-term prices hinge on future textile demand and cabinet activity.
MENTIONED IN THIS ARTICLE
Europe
Liverpool
Gi Yepton
Demand Was Light Drives Third Avenue Stock Rally
New York March 4 stock market largely in professional hands with light demand and dribbling offerings dragging prices. Third Avenue fell to 56 morning then rose to 66 after receiver’s report, closing up 5 points near 3% with broad activity in rails and utilities. Dividends due tomorrow including 20 per share on Standard Oil may affect money market. total stock sales about 366,000 shares with United States new 4s down and diverse bonds firm.
MENTIONED IN THIS ARTICLE
Murphy & Co
New York
Liverpool
Europe
McCormick
Tob
Livestool Wim
Burt
Bates
Standard Railroad
Hoston
Brooklyn Rapid Transit
State Railroad Commission
Tll
Chicago
Third Avenue
Ume
Lkely
Banery
United States
Atchison
Baltimore and Ohio
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St. Paul
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People's Gas
Eil
Prime Mercantile Paper
Sterling Exchange
Minn
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Canada Pacific
Kan
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Ontarlowke Western
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MioGranda & W
Lanis &S. F
Anc Rf . i
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Prefereo
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This
Forcewi
Mino
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Elpress Companies
Adame
United Hates
American
Wella Fargo
LaClece
National Biscuit
Col. F
Iron
Western Union
voNnDs
G.R
Om.k
Tex
Faelio
Stock Letter Markets End Mixed With Declines In Many Sections
New York opening shows fractional declines from yesterday as trading remains dull. Third Avenue rises on short-covering while Sugar and trunk lines fall. Grangers rally slightly. London and Paris markets report varied results, with bonds and rail stocks mixed. The Treasury shows cash balance of 154.99 million and gold reserves at 150 million. Rio and New Orleans sugar scenes steady to firm while U.S. grain and metals fluctuate. cattle and hog receipts mix. overall market cautious amid monetary tightening concerns.
MENTIONED IN THIS ARTICLE
New Orleans
Aires
New York
Coitage
Counery
Nebraska
Kansas
Towa
Southern Exchange
Baltimore and Ohio
Atchison
Third Avenue
Pennsylvania
New York Central
Murphy & Co
Chicago
Maron
Wade Cabrey
Wheat and corn futures firm on cash demand and shorts cover
Chicago reports a strong close as wheat rose with May at 66%c, corn up, and provisions slightly higher. Export demand noted with 125,000 bushels action. receipts tallied and weather cooler. High activity centered on short covering and cash trades in Duluth, Atlantic ports, and futures near session highs.
MENTIONED IN THIS ARTICLE
Chicago
Shorts
Duluth
New York
Atlantic
Minneapolis
Mary
Avty ST
Eee Re Oe
Turpentine and Rosin Markets Across Ports
Savannah notes spirits turpentine firm with receipts and exports. rosin receipts and sales totals quoted with several price figures. Wilmington reports spirits turpentine steady with modest receipts. crude turpentine quiet and tar steady with varying receipts. Charleston records firm turpentine and unchanged rosin with no sales.
MENTIONED IN THIS ARTICLE
Savannah
Wilmington
Charleston
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