New York Cotton Market Heralds Record Highs
The cuttop market was very active with buying on a large scale. Prices rose to 14.67 for December and 14.82 for May, then pulled back, with late trades near 14.60. Receipts at ports were up, while Liverpool and southern reports suggested demand from spot shorts and mills.
MENTIONED IN THIS ARTICLE
New York
New York Cotton Exchange
Liverpool
Ilonala
New Orleans
Memphis
Louisiana
Nary St
Dull Stock Market With Small Business Activity
New York reports growing dullness in stock speculation with little business done beyond covering outstanding short contracts. Activity centers on United States Steel and low-priced issues while bankers warn of money strain. bonds remain dull as rates ease and November payments loom.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Jounabie Capital
England
Bank of France
London
United States Steel Corporation
New Haven
Hartford
United States
Money and Exchange. New York and Treasury Statement
Money rates in New York on October 28 show call money firm at 2 to 4 percent with ruling 4, closings at 2 3-4 to 4. Time loans ease, 60 to 90 days and all 6 months at 4 3-4 percent. Sterling exchange steady with bankers’ bills at 8 5/8 for 10 day bills and 4 3/4 for demand. Government bonds steady. Treasury begins with gold coin 874,094,000 and silver dollars 4,870,000, silver certificates outstanding 487,286,000. General fund includes standard silver dollars 2,450,460 and current liabilities 111,396,? working balance in treasury offices 26,998,502. Balance in banks to credit of treasurer 36,559,49? subsidiary silver and labor coin 1,584.70, general fund balance 6,096,084.
MENTIONED IN THIS ARTICLE
Treasury
Washington
United States
London
Bank of England
Paris
Bank of France
Frances
Buver
Berlin
London Stocks Open Higher Amid Market Recovery
London on October 28 shows American securities opening fractionally above parity with gains led by Canadian Pacific Union Pacific and United States Steel. By noon prices steadied and then rose in the afternoon with United States Steel gaining one point. Closing was firm as money rates showed gains and key rails traded higher. Consuls at 2 9-16. other bonds mixed. bar silver quiet at 23 5-16d. money 2 1/2 percent. short bill 4 1/4. three months bills 4 percent.
MENTIONED IN THIS ARTICLE
London
Canadian Pacific
Union Pacific
United States Steel
Tuiness Central
Louisville & Nashville
Southern Railway
Northern Railway Ptd
Coffee futures rise after quiet start in New York
Coffee futures opened steady then dipped slightly, amid French market decline and San Paulo outlook concerns. By afternoon, demand increased and futures closed firmer, with notable activity in December to September contracts and prices around 6.10 to 6.65 per bag. Rio No. 7 and Cordova Spot showed mild activity and quiet trading.
MENTIONED IN THIS ARTICLE
New York
France
San Paulo
Rio
Cordova
Isanton
Wheat prices surge on Board of Trade amid varied gains
Chicago and Liverpool markets show wheat futures advancing to near intraday highs as December contracts rise to around 1.05 per bushel. Corn and oats also firm, with hog packing declines aiding overall grain strength amid widespread receipts and shifting cash demand.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Northwest
Liverpool
West
London market steadies as varied commodity quotes drift
London prices show mixed quotes across metals oil and glass while derivatives in New York and Savannah move modestly. Turpentine and rosin hold firm in Charleston and Wilmington markets, with cotton seed oil closing higher on speculative demand and outside buying influence.
Market Pork and Lard Prices Across Cities
Chicago and St Louis report pork, lard, ribs, and bacon price movements. Prices rise and fall by item with Chicago showing higher lard and pork values while St Louis notes price changes. New York lists beef and pork markets as steady.
MENTIONED IN THIS ARTICLE
Swift
Chicago
St. Louia
New York
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