Cotton Market Moves From Steady to Lower As Rain Fears Rise
New York May 15 cotton opened steady with prices up briefly before a drop as room selling emerged on large mart receipts and weak Liverpool cables. A late rally lifted July to 9.08 on shorts and Wall Street chatter about rain in the western belt and looming weekly crop reports, but the market failed to reenter strongly and closed quiet and 5 to 8 points lower. Private crop estimates remained favorable. other markets showed general softness with various middling prices across ports and districts.
MENTIONED IN THIS ARTICLE
Man ‘York
Liverpool
Wall Street
New Orleans
New York
Fall River
Ginghams Firm
H. & B. Beer
Texas
Alabama
Louisiana
Mississippi
Southern Exchange
Liverpool Cables
Bull Clique
Theodore Price
Houston
Hubbard Bros. & Co
Mey
Commission House
Murphy & Co
Montgomery
Palestine
Memphis
Charleston
East
Mobile
Georgia
Strabe
Des Montes
Louisville
Nashville
Chicago and Alton
Kansas City Southern
Illinois Central
Southern Railway
Chicago
Indianapolis
Vanderbilts
Lakerie and
Western
Virginia-Carolina Chemical Company
Amalgamated Copper
General Electric
United States
Missouri Pacific
Reading
Boughern Pacific
Union Pacific
Wabash
United States Leather
United States Steel
Prime Mercantile Paper
Sterling Exchange
Gilgher
Ramons
Alton
Loth Central
Louisville and Nashville and Southern Railway
Sinois Central
Virginia-Carolina Chemical
American Cotton Seed
Senate Committee
Cordova
Shorts
Wall Street Commission
O'Dell & Co
Corn Exchange
To & Man
Com
Hull
London
A.tron
Northern
Southern
Southern Loft
Glasgow
Middlesboro
St. Louis
Cotton markets stretch across cities with mixed notes
A regional roundup shows cotton markets steady in Boston and Philadelphia while New Orleans reports narrow trading and price variation. City by city receipts and stocks are listed, with Houston and Memphis noting quiet demand and steady middling prices. traders eye New York and London for directions as weather and supply influence near-term activity.
MENTIONED IN THIS ARTICLE
Baltimore
Boston
Philadelphia
St Louis
Memphis
Augusta
Houston
Chicago Market Reviewed in Dull Grain Trade
Chicago May 16 grain trade dull and drowsy with no business and good crop weather. July wheat and oats eased. corn, and provisions weaker, with siding declines in wheat and limited export activity. Receipts light. Seaboard clearances modest. Liverpool and cotton seed products noted. Live stock mixed with steady to weak hogs and firm cattle. Murphy & Co. note easier wheat and bearish price outlook amid favorable crop news.
MENTIONED IN THIS ARTICLE
Chicago
Yaina
Texas
St. Louis
Minneapolis
Duluth
Seaboard
Norma
Lsc
Spige
Murphy & Co
Atlanta
Victor
Hudnut
New York
Market reports show wide grain and livestock quotes
Livestock prices listed across cattle and hog categories with weights and prices including steers under 1000 pounds at 3.85 to 6.86, cows and heifers at 2.25 to 2.50, calves 4.00, pigs 6.90, and sheep receipts 1,800. Grain notes from O'Dell & Co. cite dull markets in wheat and corn, with foreign cable pressures and mixed domestic demand, while copper and terpenes show varied activity.
MENTIONED IN THIS ARTICLE
Chicago
Texas Fed
Colorado
Kansan City
Texas
Starket Strong
St. Louis
Murphy and Company Private Leased Wire Office Ad
Murphy and Co Inc operates a private leased wire direct to New York Chicago and New Orleans with offices at No 2 South Pryor Street Jackson Building and No 6 Broadway New York. It provides cotton stocks and grain market information and offers a market manual and trader instructions.
MENTIONED IN THIS ARTICLE
New York
Chicago
New Orleans
Pryor Street
Jackson Building
Broadway
South
Grain futures mixed as crops news influence prices
Short selling and futures in May 81 to December 80 push down, with May 81 July 81 September 79 December 80 1-4. Corn spot weakens though bids firm then firm again on wheat gains. oats steady. Wheat bids lower on liquidation and crop news. May 69 1-4 July 67 7-8 September 66. Oats quiet, No 2 oats 3-4 14. Chicago and Cincinnati cash quotes show flour quiet, wheat lower, corn mixed, oats steady, rye marginal.
MENTIONED IN THIS ARTICLE
Liverpool
California
Higheat
Lowe
St. Louis
Orn
Chicago
Cincinnati
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