Cotton futures rise as May contracts cover shorts
New York and across ports report May contract short covering driving gains in cotton markets. Prices advance three to nine points amid steady to firm selling and unofficial bullish notes from Liverpool and Manchester trade chatter.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Manchester
Ecex
Cotten
Uplands
Gulf
John F. Black d& Co
York
Record &S
Fooden Clarke
Une Cart
Washington
Mixed Market Activity In Europe Cotton and Bonds Report
Market activity reflected in European strength and U S clearing banks showing reserve excess. Cotton and oil futures moved on covering, with prices firming at close amid western buying. treasury and government bonds steady while Mercantile papers and bills showed varied demand.
London Stock Market and Foreign Finances Update
London March 8 reports quiet trading in Consors for money and short bills with mixed deutsche and Paris notes. Mining stocks in Boston show Calumet and Hecla and Cananea shares advancing while copper and iron prices hold near prior levels and electrolytes edge higher.
MENTIONED IN THIS ARTICLE
London
Berlin
Paris
Sandon
Boston
Calumet and Armzona
Greene Cananea
North Bulta
Decline in Stocks Hits Steel Shares in New York
New York stock action on March 28 sees a broad retreat led by steel issues as selling pressure grows. United States Steel and other steel stocks slump while rail employments show stubborn gains. Time money rates ease with inflows, yet bank statements reveal a cash loss rather than growth.
MENTIONED IN THIS ARTICLE
New York
Shorts
United States Steel
Bae Way
Canadian Pacific
New York Central
Pennsylvania
United States
Market Wrap: Cotton and Commodities Slip Amid Weak Demand
Cotton prices fell as liquidation and expectations of a larger crop weighed on markets. Reports from New York and London noted mixed activity in steel, railroads, and grain with cautious buying by mills and jobbers amid weather, freight, and policy concerns. Prices moved lower in cotton, wheat fluctuated with rains, and sugar, coffee, and rice showed varied, steady to firm tones in global trading.
MENTIONED IN THIS ARTICLE
New Orleans
Atetet
New York
Liverpool
Europa
Ted Atlante I & Coal Corp
Xcantic
Sca & Coal Corp
A&w
American National Bank Ie Nak Stanta National Bank
Suanta Brewing & Ica Co
Aulanta ‘Truge Co
Central Bank & ‘Trust, Corp
Augusta
Savannah
Atlanta
Ry & Elec
Cars Co
Minnesota
Wisconsin
Yaz Springs
St Seuls
Kansas City
York
Washington
Milla
Grayesse Paeters
Freemais
Pittsburg
Chicago
St Louis
Norfolk Southerns
Federal Bank
Southern
Nebraska
Kansas
Argentine
Bears
Odta
American Raiiway Association
United States
Canada
American Smelting and Refining Company
Kross
Dividanda
Démana
Econ
United States Steel Corporation
Business Conditions Show Very Slow Improvement
New York report notes weak stock market with modest declines and heavy shifts in industrials. Improvements linked to Washington news fade after Corn Products Refining fails to settle with the government. Panhandle dividend cuts trigger sharp price drops.
MENTIONED IN THIS ARTICLE
New York
Washington
Corn Products Refining Company
New Haven
Panhandle
Nattral Weeks
Siatel
Wall Street
South America
Department of Justice
New England
United States Express Company
Walsh Railroad
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