Cotton Market Slump Amid Active Trading Day
Slump in cotton prices contrasted with an unusually active trading session. Markets opened firm above expectations, with bears cautious as 16 contracts moved at key levels. Trading showed notable volatility and conservative sentiment despite the day’s strength.
Government estimates crop at twelve million six forty six
The U S Department of Agriculture released 1906 07 cotton production at 12 546 000 bales 500 lb weight equivalent 12 640 000 bales The report spurred rapid market moves with New York and Liverpool futures reflecting the surprise overestimation and broad price adjustments Some states and ginneries totals and prior year comparisons were noted as context for the new estimate and its impact on prices and shipments
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture Today 2
United States
Liverpool
New York
Deventrees
Atlanta
Borvan
Dunea
Rtainnecht
Riatos
Hinles
Cilnnertes
Alotama
Arkoneas
Bonita Ua
Georgia
South
Caroling
Waa
New Orleans
Galveston
Houston
Spot Cotton Market and Oddities in Trade
Fragmentary market notes show spot cotton activity with references to New York New Orleans and muted price movements. Mentions ariane steady midal and a 107 16 bid in New Orleans alongside unsettled bids and quiet trade.
MENTIONED IN THIS ARTICLE
Ateady
Eas Uplands Ad
Ariane Steady
Midal
New York
Steadly
New Orleana A
Hensten
News and Gossip of the Fleecy Staple Trade
Cotton market notes from New York and New Orleans discuss projected U S cotton crop sizes, with estimates around 12,000,000 to 12,250,000 bales and potential shifts after holiday periods. Analysts weigh census data against government estimates as prices drift downward while Egyptian cotton climbs. Weather forecasts predict partly cloudy to cold conditions across Louisiana, Arkansas, the territories, and the east.
MENTIONED IN THIS ARTICLE
Gibert &Clay
New York
Liverpool
C. D. Freeman
Journal of Commerce
New York Commercial
Choreml, Benach & Co
Alecpendeia
New Orleans
Louisiana
Arkansas
Territories
West
Texas
Ginners Report Surprises Market Amid Cotton Estimates
New York December 11 ginners report stirred markets as estimates for the crop ranged around 12 million bales while actual ginning through December 1 nears 11.97 million. Bulls argue a crop not far above 12.6 million may be possible with world demand near that level, while bears question the accuracy and timing of the ginning figures and await further data from the department of agriculture.
MENTIONED IN THIS ARTICLE
New York
Hales
Department of Agriculture
North
New Orleans
Times- Democras
Liverpool
Texas
Notes on Grain and Provisions from Chicago Wires
Foreign cables firm with strong market, expect quick advance as demand remains healthy. Provisions opened lower. notable purchase of 1,000,000 May ribs. Minneapolis reports oats receipts halved with poor quality. World wheat shipments for the week total about 10.0 million bushels with India at 608,000. Uniform grain grades to be discussed in Chicago next Tuesday with delegates from Grain Dealers National Association and exchanges present.
MENTIONED IN THIS ARTICLE
Gibert & Clay
Chicago
Chicago Chronicle
Northwest
Minneapolis
Southwest
Evening Post
Pringle, Fitch & Rankin
Hroomhall
Urcoe
India
Natonal Association
Goeman
Courcier
Port Receipts Reflect Shifts From Galveston to New Orleans
The article notes a shift in port receipts away from Galveston toward New Orleans impacting cotton export flows. It reports bankers restricting sterling bill purchases to 4.77 and signals rising speculative interest shaping market behavior, with Albert and Clay cited amid unsettled conditions.
MENTIONED IN THIS ARTICLE
Galveston
New York
New Orleans
Cmny Auborians
Albert & Clay
Wheat and corn mixed as Chicago markets close lower
Wheat fell 1-4 3-8 cent, corn 1-4 1-2, oats 1-3 3-5, and provisions 10030 cents lower. Cash sales included 18,000 bushels wheat, 690,000 corn, and 90,000 oats. There was talk of an elevator raid in the wheat pit. Primary wheat receipts 959,000 bushels. corn 656,000. year ago figures were 726,000 and 1,059,000 respectively.
MENTIONED IN THIS ARTICLE
Chicago
Minnepolis
Missouri River
Comany
St. Anthony
Eth Washburn-Crosby Milling Concern
Weather Update Across Regions With Varying Fronts
Cloudy conditions cover the eastern states while the Pacific coast sees general precipitation. A low pressure area moves off North Carolina coast as a stronger North Pacific system brings stronger winds and warmer air to the Northwest. A high pressure crest from the northern lakes to Mexico brings cooler air to the South and east of the Mississippi. Forecasts predict fall and colder nights with a shift toward warmer days, with 8 am observations noted.
MENTIONED IN THIS ARTICLE
Rocky Mountains
Pacific Coast
Cawego
N. Y
Seaton
San Francisco
Yellowstone
North Carolina
North Pacific Coast
Mexico
Minalasippi
Norrow
Northwest cars and sugar market notes from New York London
Fragments show a Minneapolis reference to cars and a sugar market update from New York with refined and raw sugar steady and unchanged while London beet prices hold steady. The brief hints at market stability across commodities and regions.
MENTIONED IN THIS ARTICLE
New York
London
Weather and mining stock notes from distant markets
Weather outlook across Louisiana and adjoining regions shows colder conditions in the south with mostly fair skies elsewhere and gradual warming toward Friday. Texas and western areas expect warmer midweek, while northern portions stay unsettled with partial cloudiness. Mining stocks list several US and California names with varied quotes, including North Butte and Butte Collection, amid a range of price movements. Coffee market in New York opens lower on French cables, later declines widen due to Sao Paulo receipts. total day receipts tally around 2.6 million bags worldwide, with year ago comparisons noted.
MENTIONED IN THIS ARTICLE
New York
Havre
Sao Paulo
Gibert & Clay
Livestock Market Report Chicago Dec 11
Hogs receipts 23,000 with slow market and varied bid ranges from 5.50 to 6.95 for pigs and heavy types. Cattle receipts 6,500 with steady trade including good prime steers up to 7.45 and calves to 5.75. Sheep receipts 15,000 and market steady with natives and western types quoted up to 7.95 for yearlings.
MENTIONED IN THIS ARTICLE
Chicago
Heeves
Liverpool Grain Market News Brief
Wheat opened unchanged while corn followed with minor gains as traders watched for bids and crop signals. Market activity remained subdued with limited price movement and stable demand.
Chicago Car Lot Note Lacking Clear Details
Fragmentary OCR text mentions Chicago car lots and a future receipt date but provides no clear names, actions, or specifics. The readable content cannot establish a coherent event, entities, or outcomes for a precise summary.
Wall Street notes bolster bids across rails and copper
From Wall Street a private wire reports a strong market day with focus on Heading, the Coppers, Pennsylvania, St. Paul and Southern Pacific. Dow Jones summary notes bullish bias in London and steady to rising U.S. rail and metal shares with expectations of higher prices for copper and continued buying in United States Steel and Southern Pacific.
MENTIONED IN THIS ARTICLE
Gibert & Clay
New York
Marshall, Spader & Co
Coppers
Pennsylvania
St. Paul
Southern Pacific
London
Treasury
United States
Washington
Bank of England
New York Financial Bureau
Reading
Union Pacific
Vanderbilt Houses
Central
United States Steel
Atchison
Canadian Pacific
Erle
Morgan Houses
Rhode Island
Loulaville and Nashville
Southern Railway
Stocks Reviewed By New York Sun
The Sun reports a volatile day with time money briefly at 20 to 28 percent, easing to 6 percent near close. Directors may act soon to relieve strain. reading market strength in Anaconda and Reading, amid labor tensions and speculation of extra dividends. Copper and lead show slight gains. standard oil favorites among strong issues.
MENTIONED IN THIS ARTICLE
New York
the Sun
Shaw
Standard Oil
St. Paul
Anaconda
Gibert & Clay
Stocks buoyant at the open prices rise on brisk buying
Stocks opened higher as persistent buying pushed prices up across the market. Brokers reported broad strength with demand seen in U. P. and other major issues, signaling positive early momentum for the trading day.
Shaw to deposit 5000000 in depositories and buy bonds
New York Dec 11 secretary of Shaw plans to place 20 million in national banks across New York New Orleans Boston Philadelphia Baltimore Chicago St Louis Cincinnati Louisville Atlanta Memphis with 10 million in bonds of 1907. The move aims to free funds for market use and shift deposits away from the center to other regions. Market reactions included odd liquidity shifts and stock price volatility in early trading.
MENTIONED IN THIS ARTICLE
New York
Shaw
New Orleans
Boston
Patadelphy
Baltimore
Chicago
St. Louis
Cincinnati
Louis
Yille
Atlanta
Memphis
Dee
Treasury
New York City
London
Secretary of the Treasury
Jn Hensh
Philadelphia
Also Mentioned on This Page
Crop Reporting Board
Korens van van
Alonzo Richardson & Co., Public Accountants and Auditors
Empire Building
Bell
Joseph B. Lively
Mr. Lively
Newe York
Eading
Ae Cara Sten
Brooklyn
USA
Cheas
Colorana, Poel &Roe
Ae Sen
Nou Way
Chileno
Ilera Security & Huteos
N. Fr
Cher
Nots Central
Rm Waka Veacers
Caton
Tout Lean le
Isoakin Central
Seonrt
Pacife
Ae & SL
May
Ina
Galvestin
Toston
Philadelplara
Jacksonville
Port Towrsetul
Tioustan
Asim
Phila
Chicago Grain Market
Daly
Min
Max
Abilene
Anmurllo
Ahoville
Augusta
la Birmigham
Lamaarck
Buffalo
Charleston
Secrette
Renee
Clocinnati
Corpus China
Dave
Dode City
Fort Smith
Dacksonville
Kanan City
Knoxville
Los Angele
Macon
Lemphta
Monteomers
Orleans
Ax Omaha
Portland Pittabucy Me
Portlania
Paul
Tener
Taylor
Homasvillene de Hyrkeburg
Ehington
Wington
Snow
Arbury
Northwest Cars
Der
North Butte
California
Butte
Esa Gelesens
Wall Street
NEW York Sun
Barnentarten
Deevenler
S. 0
U. P
London Stock Market
Bateroare
Cheanpeake
Ohio
Penver
Rio Grande
Illinois
Masinville
Aextra Central
Sane New York Central
Vitaly
Steading
Southern Pactite
Sane
Sheen
Hon Paclles
Southern Exchange
South Cotton
ORIIN
Gould Building
Atlanta National Bank
C. E. Currier
A. E. Thornton
H. T. Inman
Geo
R. Donovan
James 8. Floyd
Ass’t
Hubbard Bros & CO
Seveney Merchants
Century
Wecabers
Chicago Board of Trade
New York Coffee Exchange
New York Produce Exchange
A.S. Hustace