Cotton Market Opens Weak As New Orleans Estimate Buoys
General selling pushes New York cotton lower at the open with a net decline of 12 to 14 points. The New Orleans Times-Democrat bullish crop estimate of 3,975,000 bales fails to lift prices amid heavy liquidation and bearish ginner reports. Spot cotton falls five points as overall activity remains light and prices end modestly weaker.
MENTIONED IN THIS ARTICLE
New York
Liverpool
New Orleans Times-Democrat
National Ginners
Memphis
Metal Exchange Quiet as Prices Move on Copper and Tin
New York December 2 trading at the metal exchange was quiet with quotes for copper spot at 17.10 to 17.30, December 17.18 to 17.37, January-February 7.12 to 7.14, lead 4.40 to 4.56, spelter 7.50 to 7.56, and tin 49.05 to 50.25.
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Jardinieres
Cotton market opens steady amid bullish sentiment in New York
The cotton market opened steady with January most active on December 3 in New York. Prices moved up 11 to 14 points from the open, January rising to 12.48 and March to 12.62, May to 12.52, with futures later holding near highs and spot demand strong amid small offerings. Liverpool futures were quiet and steady.
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Miron
Parka
Cos Eelaeeaslesd
New York
Liverpool
Liverpol
Market opens with gains as Union Pacific leads
A brisk opening on the stock market with gains in Union Pacific to 171 ex dividend 2 led the session. Canadian Pacific rose to 266 ex dividend 2 while the Balkan situation offered optimism. Late selling hit UP and Southern Pacific after a Supreme Court decision deeming some UP lines illegal. Prices ended irregular with bonds unchanged.
MENTIONED IN THIS ARTICLE
Charles W. Storm
New York
London
Union Pacific
Canadian Pacific
Balkan
United States Supreme Court
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Supreme Court
Southern Pacific
Ilegal
The
Stock Exchange
Stocks edge down after initial gains on Union Pacific ruling
New York stock trading opened firm with scattered advances but soon weakened as traders feared the Supreme Court decision dissolving Union Pacific and Southern Pacific. Union Pacific slid from 171 1 4 to 170 7 8, while Southern Pacific rose early but fell back. Major gains faded as the market remained volatile with Canadian Pacific and United States Rubber showing activity.
MENTIONED IN THIS ARTICLE
Charles W. Storm
New York
Supreme Court
Union Pacific
Southern Pacific
Union Pacific Common
Baltimore and Ohio
Reading
St. Paul
Rock Island
Amalgamated Copper
United States Steel
Canadian Pacific
Couette
United States Rubber
Chicago grain prices steady on a mixed board
Chicago quotes show wheat with varied parities across grades and winters, springs, and elders. Corn lists old and new futures with yellows, whites, and oats also delivered in multiple grades.
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Chicago
Visible supply changes in grain this week
Weekly visible supply changes show Wheat up 30000 bushels while Corn falls 10000 bushels and oats decrease 1227000 bushels. The report highlights shifts in wheat corn and oats with large drop in oats.
Wheat Market Dips on Balkans Peace Hopes and Supplies
December wheat eased about half a cent while May and July futures rose modestly amid larger worldwide shipments and rising stocks at Minneapolis. Cash wheat sales reached 100 000 bushels as corn and oats held or gained slightly, with hog prices dipping on a broadly higher provisions market.
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Chicago
Balkans
Northwestern
Winnipeg
Minneapolis
Liverpool Grain Market Report
Wheat opened at 1444 lower and closed 54d to a lower finish. Corn opened 14d lower with a 3gd lower close. Market timing at 1 30 p m noted ongoing declines.
Market Quotations On Live Stock For The Week
Quotations based on actual purchases this week cover good to choice beef cattle with steers 1000 to 1200 pounds at 5.06 to 6.00, 800 to 1000 at 4.75 to 5.25, and medium to good steers 700 to 850 at 4.25 to 4.75. Cows and heifers show 3.59 to 4.50 for beef types, with fat cows and heifers priced accordingly. Lambs, sheep, and hogs priced for corn-fed stock. hog receipts light, market steady on heavies and higher on light. Also notes a local civic call to vote in tomorrow’s Atlanta city election and an advertising pitch for boarding-house listings in The Georgian.
MENTIONED IN THIS ARTICLE
W. H. White, Jr
White Provision Company
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