Market Turmoil As Senate Tax Plan Roils Cotton Prices
New York reports show cotton futures sliding to a net loss of 30 to 42 points in the final hour after news that a Senate caucus approved a one tenth of one percent tax on trading. Prices recovered slightly later, with rally hopes buoyed by favorable weather and bull support, while concerns over the proposed levy linger. The market remained unsettled as traders priced in possible congressional opposition and potential conference battles.
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New York
Washington
Senate
Washington News
New Orleans
Liverpool
South
Oklahoma
Wade
Spot Cotton Prices and Port Movements Across Ports
Atlanta reports mixed cotton prices with steady to middling grades across multiple ports including Galveston Athens and New Orleans. Weekly consolidated figures show net receipts, gross sales and stock levels, with notable exports to Great Britain and coastwise movements. New York notes quiet trading as prices slip at opening before partial recovery on favorable reports from Texas and Oklahoma amid storm fears.
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Macon
Athens
Galvecton
Great Britain
New Orleans
Sevennah—Pirm
Brunswick
Wilmington
Acoc
Sea Island Cotton Trade and Market Figures
Sea Island cotton activity shows quiet prices with fine grade at 22 and 20 for extra charges. Records show receipts 245, sales 476, shipments 504, stock 13,741 at Charleston. Separate New York data report weekly imports at 22,413.84 and exports totaling 1,061,004 in silver and 25,000 in gold or other shipments.
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Sevandan
New York
Bond and stock market report with regional notes
Heavy rains affect trading across districts including Hains and Alabema Selma. Prices show 1.00 in several listings. Weather remarks note scattered showers through Mississippi Breckhaven and Ollahonta regions. Section director von Herrmar provides continuing updates.
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Market reaction to Clarka rider on corn futures
John F. Black & Co reports New York Sopitever nine two mow s. The Esinotratl caucus of the nenata approved the Clarka rider to the lar. prices fell about five points in the afternoon. Market movement uncertain as market remains unclear on the likely path of prices while banks favor passage of the measure. The market expected a decline of 35 to 40 points. Liverpool set to come at uta gown.
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Ora
Liverpool
Liverpool Cotton Statistics and Washington News
The report from Liverpool on September 3 notes weekly cotton statistics with imports totaling 14,000 bales, American imports at 700 bales, and total bales around 525,000. New Orleans market pricing shows a fall after Washington news on the Clarke amendment to the tax on future cotton contracts, with declines of 61 to 80 points at low points and several downward moves earlier. Spot cotton remains quiet with middling around 32.54, and estimated port receipts for Friday September 8 are 18,003 in interior movement and 20,262 in stock.
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Grain declines as market nerves grip Chicago
Disappointing cables spook wheat bulls in Chicago trading on September 3, with futures slipping across wheat and corn while provisions inch higher. Reports of strong Argentine shipments and absence of export calls weighed, though Baltimore’s 30,000 ton ocean cargo and steady cash markets provided mixed signals amid large primary wheat receipts and quiet overseas demand.
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Coffee and Cotton Markets Quiet Amid Turbulent Trading
In New York and London, coffee futures showed limited moves while cotton prices fluctuated after reports that the Clarke tariff amendment passed the Democratic caucus. Traders anticipated European demand shifts, with bears and bulls clashing as market sentiment wavered on prices and supply.
Bester's Weekly Cotton Statement Summary
New Orleans reports Hester's weekly world visible cotton supply with cables and telegraph data showing a weekly decrease and yearly fluctuations. American cotton totals 1,073,007 with other items at 975,000. world totals dip vs last week and rise vs year before last. Also notes New York oil market, crude prices, and regional commodity prices across Savannah, Boston, and nearby markets.
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Hester
Egypt
Brasil
India
Tinktaln
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United States
Country Produce Market Report for New York and Chicago
September market data shows butter firming with 8,401 tubs processed at 28 4 27. 1,884 boxes receipts. 15,702 kegs steady. lower graded lots noted. Poultry prices mixed with fresh Western chickens and turkeys listed. ducks and eggs receipts cited. Butter higher in Chicago with limited change in other dairy and poultry items. potatoes reported higher with steady to higher receipts across regions.
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New York
Gao
Loula
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Review of the Cotton Market in the Last Week
New York reports a highly active week in cotton trading since the 1900 crop shortfall. Prices surged on private crop data and a government report, then pulled back amid Washington anxieties over potential tax passage. Traders noted cautious sentiment as bearish factors and demand slackness influenced late-session declines.
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New York
Washington
Astlon
Trade Reviewed by Commercial Agencies
Trade review notes irregular yet broadening patterns with drought in the southwest weighing on optimism. Fall festivals and cheaper paper markets quicken developments while western demand remains conservative due to light supplies. Week shows 172 business failures versus 191 prior year. U S and Canada wheat exports total 5,001,383 bushels, up from 4,451,001.
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Che Apding
United States
Canada
Treasury Statement Shows Deficit and Debt Details
Treasury report from Washington notes net balance in general fund of 130,098,901 dollars at start of day, yesterday's receipts 2,871,310 dollars, payments 2,878,210 dollars, resulting in a deficit for the year of 9,202,101 dollars and a public debt note.
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London Stock Market Outlook and Early Closing Notes
London markets show uneven demand with bonds firming in Paris and domestic issues easing after a firmer start. New York buying supported values into a steady close while foreign currencies and commodities edged mixed as Honduras and Japan price quotes varied and discount rates held firm.
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Stocks Score Grounded Gains in U S Market Rise
New York reports a steady stock market rebound after earlier declines. Gains ranged from one to two points on many major issues, led by Union Pacific and Southern Pacific developments. Copper shares rose, as currency movements and bank forecasts hint at stabilizing conditions.
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Het
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Money and Exchange in New York and Europe
New York and international markets report currency rates and bond activity. Sterling and foreign exchange move with bills, discounts, and government issues, while Mexican dollars and mining stocks show varied gains. Berlin and Paris money markets note discount and rente values with London exchange rates quoted.
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Eepurmner O
Taos
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Sterling Exchange Esay
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Metals Market Update From New York and London
Metals quotes drifted in quiet trading with lead at 4.70 in New York and copper around 26.50 in standard spot terms. Tin, antimony, and zinc showed muted moves with futures little changed as market activity remained subdued across London and overseas exchanges.
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Cookson
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