Cotton Market Opens Easy with Prices Declining
The New York cotton market opened easy on May 16 with 2 to 7 point lower quotes amid active selling by locals and Wall Street. July and August futures fell, then recovered before slipping again under pressure from a prominent Wall Street seller. Port receipts were light, world visible supply down, and total sales about 250,000. New Orleans spot markets opened lower then improved but closed with losses. Dry goods show no new features as demand for cotton and woolen goods remains quiet and linens firm.
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York
Wall Street
Liverpool
West
Ex Belt
New Orleans
Tians
New York
Emporia
Cteed
Gil United States
Fubecaia
Libinana
Abios
Aglapril
Pawtas
O'Dell & Co
Lste
Cation
Texas
Oklahoma
Indian Territory
London
Meiz
Lorson
Northern
Southern
Southern Soft
Glasgow
Middlesboro
St. Louis
Financial Cable
London Financial
Baltimore
Ohio
Union Pacific
Stytistica
Gala
Cape
Paris Exchange
Berlin
Murphy & Co
Chicago
Patten
Harris-Gates
Brokhers
Liverpool and New York Cotton Market Summary May 16
The report notes weak Liverpool demand, cautious buying, and strong January against August arbitrage. U.S. markets show quiet to firm tones with varied regional middling prices, steady to easy movement, and limited totals. Hubbard Bros letter cites supply expectations and a potential sharp shift if crop outlook worsens.
MENTIONED IN THIS ARTICLE
Liverpool
Reucpia
Watcres
Hubbard Bros. & Co
New York
Price Declares His Position On Cotton Market
New York May 16 Theodor H Price states that widespread reports misrepresented his view on cotton prices and he cannot advise others to buy while not buying himself. He notes supply demand, money tightness, Wall Street speculation, and coal strike affecting cotton value. O'Dell Co's Cotton Letter describes a soft opening, later declines, liquidation by small holders, and bullish weekly forecasts offset by market caution.
MENTIONED IN THIS ARTICLE
Mr. Price
New York
Wall Street
Theodore H. Price
O'Dell & Co
St Paul
Union Pacific
Reading
Philadelphia
London
Murphy & Co
H and B Boers Cotton Letter May Report
New Orleans May 16 Liverpool opened lower before recovering on bullish supply data. American cotton futures weakened after bullish cues faded, causing early session buyers to sell. Weekly sightings total 21,000 below last year but 6,000 above the prior year, with year-to-date sight totaling 9,770,000, up 236,000 from last year. Estimated crop prospects point to around 10.6 million bales. Interior towns received 18,000 rainfall, stock levels at 204,000. Fuel stock of American ashore and adjust.
MENTIONED IN THIS ARTICLE
H.&b. Boer
New Orleans
Liverpool
Murphy & Co
New York
Wall Street
Texas
Cotton Markets Mixed as Global Trade Data Move Prices
Liverpool weekly cotton stats show American sales at 34 000 with total exports 8 000 and stock American at 894 000. Sea Island receipts at Savannah are 117 with exports 480 and stock 5 057. New York reports bearish tones from rains and coal strikes. Liverpool all kinds down 8 000 for the week, American down 15 000, with afloat stock easing. Prices in copper and lead steady in London and New York with mixed commodity movements across oil, meal, and pork sectors.
MENTIONED IN THIS ARTICLE
U. S
New York
Galveston Budo
New Orlean
Mobile
Savana
Charleston
Wilmington
Norfolk
Baltimor
Boston
Newports
Philadelphia
Vancouver
Brunswick
Fernandin
Pensacola
Port Arthur
Port Townsend
San Francisca
el Paso
Portland
Ores
Ate O
New Orleans
Savannah
Galveston
Memphis
Augusta
Houston
St Louis
Atlanta
Aioe
Eael
Liverpool
Wednanai
Great’ Britain
Buturos
Seateland
Sea Island
Groceries and Produce Trends in Atlanta May 16
Atlanta markets report a wide range of goods with prices across groceries produce and commodities. Roast coffee, sugar, rice, canned foods, dairy and fruit items show varied pricing from 8c to several dollars per unit, with regional notes on Florida vegetables and naval stores markets in Savannah Wilmington and Charleston.
MENTIONED IN THIS ARTICLE
Atlanta
Cordova
New Orleans
South Georgia
F. W
L. W
Coffee and Sugar Market Opens Higher on Firm Cables
New York May 16 coffee futures rise 5 to 10 points then add 8 to 10 amid brisk buying led by Wall Street houses and Baltimore importers. European cables firmer, Brazilian receipts aid support. mild selling later. Sugar futures show strength with various grades steady to firm. molasses dull on slower demand.
MENTIONED IN THIS ARTICLE
New York
Wallstreet Commission
Room Xorte
Baltimore
Cordova
New Orleans
Wall Street Weakness Amid Coal Miners Strike Fears
In a light demand session, stocks declined as traders anticipated a coal strike after miners backed a continuation. Reading led losses among coalers with broad declines, while iron and steel issues also softened. Bonds were mixed and money firm. outlook remained cautious with potential wider labor unrest.
Grain Pit Wavers On Bearish Crop Signals And Continued Demand
Chicago May 16 grain trading shows professional activity with wheat mostly lower despite early bullish cues. July futures slipped while corn and oats fluctuated, rain in the northwest and delayed spring seeding dampening bullish sentiment. harvest prospects favorable though cattle and hog markets also move with soft demand and varying receipts across Minnesota, Kansas, and the Northwest.
MENTIONED IN THIS ARTICLE
Atlanta
New York
Corg
Chicago
Cincinnati
Augusta Broker Seeks Correspondence Amid Mixed Market Tone
John W. Dickey, broker in Augusta Georgia, issues an invitation for correspondence as regional grain markets show mixed demand and cautious trading. Reports from Chicago and New York detail declines in wheat and corn, limited export activity, and fluctuating notes on oats and hogs with overall dull trade.
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Cotter
Region Bulletin
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Rontie
Whimington
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Ze Seo Sa Ag Ge Dou
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Sr Empr
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The
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Eterrad. Vu
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Robert J. Lowry
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Rar
Hos. Egleston, Saawwl M. Inman
John Oliver, Ges. T. Orme
Ee Eee
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Cashi
Nicolson
Rs Cashier
Avings Department
Paso
Lst
Robinson-Humphrey Co
Joseph A. McCord, John Oliver
ANTA
BAN Georgia Sau Bank
Am Trust Company
George WM. Brown
Eter Cadtain! Sec
Trean
Eugene C. Spalding
One & Tye
John A. Miller
Elijah A. Brown
South Broad Street
John L. Tye
Georges M. Brown
Murphy &Co., Inc
South Pryor Street
Jackson Building
W. H. Patterson & CO
Investment Securities
Southern, Exchange
John W. Dickey
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