Cotton Recovers Early in Recession Downgrades Prices
New York opening shows cotton barely steady with declines of 2 to 3 points on first prices. Reports cite crop acreage up to 38,573,441 and current condition at 83.9 percent, pressuring near term values but buyers absorb offerings as the market steadies.
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New York
The
Chronicle
Giles
New Orleans
Europe
Galveston
Stocko Siscesecc
Sles
Cle i Atuel
HOC Scotional
Spt
Get
Oscecleverslesnre
Regional Money Rates in Historic U S Cities
A compiled list shows varied money rates across cities including Atlanta Athens Macon New Orleans New York Philadelphia Boston Liverpool Savannah Augusta Norfolk Galveston Charleston Wilmington Little Rock Baltimore Memphis St Louis Houston Louisville Charlotte Greenville with rates described as steady middling firm or nominal in mid 20th century style.
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Atlanta
Athens
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New Orleans
New York
Philadelphia
Boston
Liverpool
Savannah
Augusta
Norfolk
Galveston
Charleston
Wilmington
Little Rock
Baltimore
Memphis
St. Louis
Houston
Louisville
Charlotte
Greenville
New York Stock Market Today Summary
The day’s session reports include the highest, lowest and closing prices for listed stocks, alongside the prior close. Market activity reflects price ranges and end-of-day levels across major listings in New York.
Liverpool futures hold gains as cotton market shifts
Hayward and Clarks Daily Cotton Letter from New Orleans reports Liverpool refusing to advance with futures up 2 to 3 points, spots up 1,000 bales sold, weather maps show fair conditions east and rain in parts of Texas, prices weakened early then recovered amid timid selling and shifting sentiment, with mixed views on July.
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Liverpool
Mong Ae Cs É
Ncaineiiree Cashes
Hayward & Clark
New Orleans
Texas
Atlantic Coast
New York
Renewed buying sends stocks up in early trading
The Sones group led gains at the opening of the New York stock market with Amalgamated Copper up 1 1/8, Utah Copper higher, and Anaconda advancing. Reading and several industrials also climbed as Canadian Pacific showed weakness then recovery, while Illinois Central slipped. Overall market tone turned firmer with a strong late session and bonds steady. Money rates steady with call at 2 1/4 percent. Bar silver weak near 27 1/2 cents.
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New York
Sones Group
Amalgamated
Utah Copper
Anaconda
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Reading
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Southern Pacific
Northern Pacific
Missouri Pacific
Lehigh Valley
St. Paul
American Can
American Car and Foundry
Erie
Pennsylvania
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London
Steel
Amalgamated Copper
Steel Common
Great Northern
Baltimore and Ohio
Mining stocks show varied gains in Boston opening
Opening on June 18 in Boston lists American Pneumatic at 3, Lake Copper 6, Shannon 8, American Telegraph 127, United States Smelting 46, Superior 22, Fruit 154, Wolverine 46, with minor fluctuations across offerings. Market observers note mixed demand across multiple sectors and firms.
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American Pneumatic
Lake Copper
Shannon
American Telegraph
United States
Utte Superior
Fruit
Wolverine
Cotton Market Opinions From Leading Firms
Morris H Rothschild & Company advises purchases only on declines. Miller & Company cites Lat prices. Harris Winthrop & Company says market still trading with tendency to buy on breaks. Logan & Bryan notes favorable purchases on sharp recession from current level. Thompson Towle & Company warns against short sales. Norden & Company expects still higher prices before long.
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Miller & Company
Arris, Winthrop & Company
Logan & Bryan
Ravor
Thompson, Towle & Company
A. Norden & Company
Weather Summary for Eastern Regions and Great Lakes
Washington reports fair conditions with light showers only in the upper lake region. Tonight and Thursday should be generally fair east of the Mississippi with little temperature change in the East and South while the Great Lakes region warms. Georgia, Virginia, North Carolina, South Carolina, Florida, Alabama, Mississippi, and Tennessee expect fair weather tonight and Thursday.
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Weather and market mood pressures Liverpool cotton prices
Miller and Cotter Cotton notes record acreage and rains in southern Texas weigh on Liverpool. Spot demand is declining and fear of further bull activity in New York restrains bears. Bearish sentiment on new crops persists, but July weather could improve outlook. Short interest appears reduced and further advances unlikely as crop news may lift prices.
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the Chronicle
Texas
Liverpool
New York
Savannah to Lift Boll Weevil Ban Through Savannah Port
Savannah Chamber of Commerce will urge the Legislature to pass a law allowing bales of cotton from boll weevil infested districts to pass Savannah port. Georgia currently bans it though Alabama permits such movement, causing cotton to move via Alabama.
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Chamber of Commerce
Georgia
Alabama
Light Offerings End Grain Prices Up
Chicago grain market notes July wheat under pressure with wider ranges and a slight advance for the near month. New wheat moving from the Southwest. Kansas City and St Louis report growers selling earlier than usual. Cash wheat slow, no export business. Corn and oats higher, provisions strong on short covering and investor demand.
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Chicago
Southwest
Kansas City
St. Louis
Shorts
Wheat and corn futures slip in steady market tone
The Liverpool market shows wheat opening lower and closing down several pence while corn also drops. St Louis cash quotes list multiple red and white corn and wheat prices across varieties. Chicago analysts expect light Northwest rains to limit upside and foresee further setbacks in oats and provisions.
Livestock Market Prices from Chicago and St Louis
Chicago and St Louis markets report cattle hogs and sheep with receipts and price ranges. Hogs in Chicago steady to down ten cents. cattle mostly 10 cents lower. sheep steady in Chicago. In St Louis cattle and hogs largely lower. native beef steers to 9.75. hogs 8.40 to 8.60. sheep 4.75 to 5.00.
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Chicago
ST. Louis
Texas
New York Produce Prices Thinly Traded June Market
New York June 18 market report shows crude petroleum at 2.50, turpentine firm, rosin weak, wool active with domestic fleece 22 to 28 cents, hides steady native steers 17 to 19 percent, coffee firm with options up, rice steady, molasses steady in New Orleans, raw sugar firmer with refined up to 4.35, various sugar grades and prices listed, potatoes weaker white nearby 1.00 to 1.75, beans firm marrow 6.00 to 10, fruits and dried goods broadly firm with apricots apples prunes peaches and raisins showing notable price ranges.
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New York
Pennsylvania
Texas
New Orleans
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