Cotton Market Fluctuates on Northwest Forecasts
New York and New Orleans sketch a volatile cotton session as forecasts of bad weather in the northwest boost early gains, then bear pressure and buying hope temper the net moves. Liverpool futures show mixed signals while Hubbard Bros notes a 10,250,000 bale crop estimate influencing trade sentiment.
MENTIONED IN THIS ARTICLE
New York
Fmglish
North Western
Ditm
Seizwre
Liverpool
Crpool
Hubbard Bros. & Go
Boston
Russia
Hubbard Bros. & CO
Cotton Merchants
Hanover Square
Atlanta
Century Building
New York Cotton Exchange
New Orleans Cotton Exchange
Liverpool Cotton Association
EB. W. Martin
Russian Crisis Buoyed Up Wheat Prices In Chicago
Chicago scene shows wheat futures rising as the Russian crisis steadies prices after an early profit taking dip. May and December contracts fluctuated with gains and losses, while oats and corn followed wheat’s momentum amid speculative activity and shipping news from Odessa.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
American Southwest
Wrives
Shorts
Odessa
Minneapolis
Duluth
Cotton Market News From Liverpool and Dallas
Cotton market developments in Liverpool and Texas show volatile prices amid Russian turmoil and crop estimates. Reports from New York indicate sharp short covering on rumors of a 10 250 000 bale crop while forecasts warn of frost and storms in the northwest belt. Prices closed modestly higher in Liverpool and outlook remains cautious with weather and supply factors driving fluctuations.
MENTIONED IN THIS ARTICLE
New Orleans
Lce
Gilbert
Clay
New Getmans
Haasle
Liverpool
Texas
Okahoma
Indian Territory
Buston
Galveston
Cotton Seed Prices in New York and Memphis
Cotton seed and meal prices from New York and Memphis show prime crude grades around 19 1 2 to 20 4-4 cents, prime summer yellow near 20 4-4 to 23 2- casket, with prime meat and prime cake quoted at about 21.50 each. Prices reflect regional bids and ready-to-firm tonnage as of October 30.
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Second Han
Setton
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Widtanta
Tao Sehattanco
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R. H
New
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C Coast Line
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Valoce Farooene
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Republic Steels
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Alion
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St. Lands
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Louisville and
Nash
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Metropolitan Securities
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B. Mills
Memphis
Cotton market surges amid English estimate and US declines
A wave of buying pushes cotton futures to near day highs as Mr Buston’s 1 cent, 250,000 bale estimate stirs debate. Spot markets lag, futures rise, and analysts warn against chasing quick advances. Weekly crop bulletin due tomorrow may confirm deterioration. receipts down 51,000 bales year over year. Both American markets close steady. Liverpool expected higher.
MENTIONED IN THIS ARTICLE
Liverpool
Otton
Saarene Prt
Huston
Buston
John Bull
Toll
Akewood
New York
New Orleans
Cotton Market Buoyant After Late Buying Sparks Rise
L. J. Andeach and Co report a featureless morning with Liverpool opening higher, aiding New York. Bear pressure later pushed prices down about 10 points before Boston’s 19,250,000 yield estimate spurred renewed buying. The market recovered, with analysts noting alignment with recent estimates and advising purchases on dips.
MENTIONED IN THIS ARTICLE
L. J. Andeach & Co
Liverpool
New York
Boston
Eisa Giles
Visible grain supply report shows mixed changes
The New York produce exchange lists October 28 visible grain supplies with Wheat at 25,339,000 bushels up 1,132,000, Corn 3,456,000 down 346,200, Oats 26,577,000 up 1,307, Rye 2,108,000 up 603,000, and Barley 5,857,000 up 333,000.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
Isag
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