Covton Declined on Bureau Report and Cotton Market Swing
New York and New Orleans cotton markets reacted to the census figures showing a large crop. Prices moved 7 to 10 points up then down, with active liquidation via wire houses and aggressive bears. December and March futures fluctuated as investors reassessed demand.
MENTIONED IN THIS ARTICLE
New York
Ape Wuil
Thera
New Orleans
Spo
Ertron
Liverpool
Oon
Genius Bureau
Ginners
Tradera
Act
Catte
A SP
Apri
Auz
Ledenburg & Co
COTON
Southern Exchange
London
Terss
Walen
Regineners
Fenre
Reading Market Surges as Wheat Reels and Cotton Dips
Reading advanced while most markets fell as bank cash surpluses and high call money pressured stocks. Cotton wavered after bearish ginners' reports. futures fluctuated with profit taking and a late recovery, while grain and wheat futures climbed on Russian unrest and shipping demand.
Foreign Finances and Market Rates in Gonton and Paris
Reports from Gonton and Paris on financial activity dated November 8 show Consols for money at 889-16 and account at 8B 3-4 with various bond yields. A £5,000 sum was withdrawn from the Bank of England for shipment to South Africa, while £121,009 was deposited. Paris notes 3 percent rentes at 99 francs 87 centimes, with London exchange at 26 francs 16 centimes for checks. Berlin exchange quotes London 20 marks, 4238 pfennigs, with short bills at 41-2 and three months at 43-4.
MENTIONED IN THIS ARTICLE
New York
Reading
Missouri Pacific
St. Paul
United States
Uma
Pride Mercantile Paper
Sterling Exchange
Gonton
Illinois Central
Louisville
Nashville
Bank of England
South Africa
Paris
London
Berlin
Also Mentioned on This Page
Covton
Herbard Bros. & Co
Corron
Buston
Arket
Gimners
Taverpool
Eas
New
Igeco
Russia
Ware & Leland
Treasury Statement
Washington
Treasury
Com
Isnzo
Agusnan
Russi
Hat Bourley
Anuner
Dulin
Frussia
America
Londa
Minneapolis
Profi
Bradstreet’s
Duluth
Chicago
Gibert & Clay
Taverpook
Btrdstreet
Canada
Rockies
Audu
TOR
Giber 03
Glavier Ss
Cot
Nes
Ssieo Ipana
Goldfield Mining CO
Florence Mining CO
Combination Mines CO
Goldfield Blizzard Mining CO
Goldfield’s
Bonanza Gold Mine of Tomorrow
Goldfield
W. A. Stanton
John W. Mackay
Virginia City
John F. Mitchell
Colorado
Great Jumbo
Goldfield Mining Company
Blizzard
Great Mineral Zone of
Blizzard Mining Company
H. W. Knickerbocker
Nev
George D. Pyne
Richard Willis
Colorado Springs
Cole
J. Frank Smith
Hinton
W. Va
John 5. Cook & Co
Nevada
R. W. Gnerow & Coo
Coldfield, Nev
Rhd
Siedenburg & Co
Atlanta Offee
North Broad Street
Empire Building
J.B. Chatham
New York Cotton Exchange
New Orleans Cotton Exchange
Liverpool Cotton Association
Coffee Exchange
Hugh MacRae & Co
Bankers
Southern Securities
Wilmington
N.C
Washington, D
Je Wits
Prudential Building
L.j.anderson
John W. Dickey
Augusta, GA
W. H. Patterson & CO
Thompson, Freaiden J
T. &. Richardson
Atlanta Stock & Cotton Exchange
Bowes
Gotton and Grain
Viaduct Place
Atlanta
Theobinson-Humphrey Co
English American Building
Avante
Fourth Nat
Bank
Lowry Nat
Phonca
Bell
Stand
Gould Bldg
William E. Bush
Investment Securities Augusta Georcia
Georgia Savings Bank & Trust CO
George “. Brown
Joseph A. McCord
Joseph E. Boston
Treas
Doodward
Arnold Broyles
Ethan A. Brown
Fred 8. Law
John L. Tye
George M. Brown
South Broad Street
Lowry National Bank of Atlanta
L. Perl
Preside
Nte
Maddo
Robef
Peeples
King Co
F. d. Paxon
J.T. Holieman
J. W. Andrews
W. L. Kemp
Trees
JS. Todd
R Union Savings Bank
Union Savings Bank