Lack of business depresses cotton market at New York open
The New York cotton market opened easier with prices 5 points lower on some contracts. July and August shifted as traders balanced expectations after dry weather reports and foreboding government notes. By late morning a steadier tone emerged before slipping again. a Friday first notice day for July delivery loomed, with bids listed for July 12.13, August 12.07, October 11.55, January 11.48 in New York and New Orleans bids at 12.54, 12.19, 11.62, 11.68 respectively. Estimated Friday receipts ranged around 19132 in New Orleans and 522 to 964 in other ports.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Continent
Middle Gulf
Rockies
New Orleans
Liverpool Cotton Market Opens Quiet in June Trade
Liverpool June 26 market started steady with 1 point gains across positions, later adding 1 point from 12 15 pm. Spot cotton rose 7 points to 6 80d middling with 6 000 bales traded, including 5 000 American. imports 8 000, of which 3 000 were American. Closing price activity showed little change from late morning quotations.
MENTIONED IN THIS ARTICLE
Liverpool
CLARK'S DAILY COTTON LETTER June 26 New Orleans
New Orleans reports political news unfavorable with war breaking out in the Balkans displacing peace claims a short time ago. Weather favorable with partly cloudy skies in the belt and scattered showers in the Carolinas. Central States urged to avoid rain for weevil control. July futures show aggressive activity then a 6 point decline as bidding stalled. Ingal notes: week outlook around 30 66 versus 32 112 last year mill takings 157 000. Mayer influence buoying sentiment as New York and New Orleans stock land abroad. July positions strengthened then spurts of strength push December to 11 66.
MENTIONED IN THIS ARTICLE
New Orleans
Balkans
Belt
Carolinas
Central States
Mayers
New York
Spot Cotton Market Across Cities
Avanta and multiple markets show steady or nominal middling prices. Notable quotes include New York at middling 12.40 and Philadelphia 12.65, with several Southern cities around 12 cents and above, while Liverpool lists 6.80 middling.
MENTIONED IN THIS ARTICLE
Avanta
Athens
Ming
Macon
New Orleans
New York
Philadelphia
Boston
Liverpool
Savannah
Augusta
Norfolk
Galveston
Charleston
Mobile
Wilmington
Little Rock
Baltimore
Memphis
St. Louis
Houston
Louisville
Charlotte
Greenville
Cotton Gossip Sentiment Turns Bullish in July Cotton
New York reporters note quieter trading as investors await Thursday Government report. July contracts bolster the market with buying by Hentz and others while rumors of brokers and English syndicate purchases buoy outlook. Mississippi boll weevil reports temper optimism amid mixed crop conditions.
Weather Forecast Highlights Warmth Across East Coast
Washington forecast notes warmer conditions tonight and Friday along the North Atlantic coast with continued warmth east of the Mississippi River for 36 hours. Local rains expected in New England New York the Great Lakes region and Florida with fair weather elsewhere east of the river. Georgia Virginia and the Carolinas show generally fair conditions with increases in warmth in eastern portions. Florida may see local showers tonight or Friday. Alabama Mississippi Tennessee remain generally fair and warm through Friday. Louisiana fair with southeastern showers Friday. Texas fair tonight and Friday.
MENTIONED IN THIS ARTICLE
Washington
North Atlantic
Mississippi River
New England
New York
Great Lakes
Florida
Renga River
Georgia
Virginia
yuGay
Carolina
Alabama
Mississippi
Tennessee
Louisiana
Texas
Market roundup shows mixed signals across cotton seeds and metals
The June 26 reports indicate firm cotton seed oil on demand from old crop shorts with August active and October November drawing interest. Memphis notes steady tone with new crop appeal and July bulges from spot houses. Metals in New York show weakness with copper near 13 1/4 to 14 and zinc around 5.05 to 5.25 as markets close.
MENTIONED IN THIS ARTICLE
New York
Profit Taking Lowers Otoged Profit Taking Lowers Otoged
Stock market weakens after initial strength as Union Pacific dis division plan advances and readings show mixed gains. In New York Union Pacific opens up 1 4 percent, then slips. Reading and other issues drift, Steel loses gains, and the curb market remains firm amid steady London tone and 2 percent call money.
MENTIONED IN THIS ARTICLE
C. W. Storm
New York
Union Pacific
Harriman's
London
Reading
Amalgamated Coper
American Can
American Smelter
Canadian Pacific
St. Paul
China Copper
United States Steel
Southern Pacific
Pennsylvania Railroad
Lehigh Valley
Kansas City Southern
Chesapeake and Ohio
Steel
Missouri Pacific
Baltimore and Ohio
Berlin
Vienna
Balkans
Comet
St Louis Market Totals Cattle Hogs Sheep Reported
Cattle receipts 38 300 including 1 500 Southerns. Market steady with beef steers 6 75 to 8 75 cows and heifers 4 75 to 8 50. Hogs receipts 6 000 with mixed 8 75 to 8 80 good 8 70 to 8 85. Sheep receipts 500 with muttons and yearlings 4 75 to 6 60 lambs 7 40 to 8 15.
MENTIONED IN THIS ARTICLE
ST Louis
Texas
New Georgia postmaster nominee named for Shellman
Washington June 26 The President sent to the Senate the nomination of H O Crittenden to be post master at Shellman Georgia in a routine executive appointment reflected in federal paperwork for the town has a small mail hub status and local competition is noted as typical in such postings
MENTIONED IN THIS ARTICLE
New Georgia
Washington
Senate
H. O. Crittenden
Shellman
Atlanta Markets Eggs Butter Poultry and Produce Prices
Fresh market report for Atlanta lists eggs at 20 cents, Jersey butter blocks 27 to 30 cents, undrawn poultry including hens 19 cents per lb and turkeys 17 to 1 cent, live poultry with varied per-pound prices, fruit and vegetables with lemons at 7.00 to 7.50 per crate and cucumbers up to 1.50 per crate, assorted fish meat and flour and grain prices, seed and hay costs, and comprehensive provision market figures from Cornfield and White Provision Co.
MENTIONED IN THIS ARTICLE
Jersey
Virginia
Purina
Halliday
Fancy
P. W
Brown
Georgia
Victory Horse
Bermuda
White Provision Co
Cornfield
Rumio
Bar Silver Quiet in London and New York Markets
Bar silver in London remained quiet at 26 13 16d while in New York on June 26 the price stood at 58 1 2 cents per ounce with Mexican dollars trading at 48 cents.
MENTIONED IN THIS ARTICLE
London
New York
Mining Stocks Opening in Boston Heavy Action
Mining stocks in Boston opened active with American Telephone at 108 percent, Shannon at 7 percent, and Alaska at 10 percent, signaling varied early demand across the portfolio.
MENTIONED IN THIS ARTICLE
Boston
American Telephone
Shannon
Alaska
Tande Sells Off Wheat Holdings
Wheat trade shows heavy selling by local professionals in Chicago on June 26 amid cautious export activity and poor Williston crop reports. Prices drifted to new lows before closing below yesterday, with corn and oats mixed and provisions largely steady. Liverpool grain markets echoed modest moves as futures closed near unchanged to lower.
MENTIONED IN THIS ARTICLE
Chicago
Williston
N. C
Liverpool
Market quotes for grains in St. Louis June 26
The St. Louis cash market reports prices for wheat corn oats and rye. No. 2 red wheat 97 percent No. 3 red 95 No. 4 red 85 to 90 No. 2 hard 89 to 90 percent No. 3 hard 88 to 89. Corn No. 2 60 to 61 No. 3 59 to 60 No. 4 58 59 No. 2 yellow 61 No. 3 yellow 59 to 60 No. 2 white 61 to 64 No. 3 white 60 to 61. Oats No. 2 39 to 44 No. 3 38 No. 4 37 to 40 No. 2 white 41 No. 3 white 40 to 41 No. 4 white 39 to 39 No. 2 rye 61
MENTIONED IN THIS ARTICLE
Agricul
Amer
Smell
Am. T. and
Anaconda
Atchison
Atlantic C. L
B. and O
Beth, Steel
Can. Pacific
C. and
Colo, F
Colo
Southern
Consol. Gas
G. N
G. N. O. Wanee
Great Western
Central
Interboro
Esece
Eee
Iowa Central
K. C. Ss
T. Ms
L. Valley
Mo. Pacific
N. Y. Central
Northwest
Nat. Lead
No. Pacific
Sila
Penna
Pacific Mail
P. Gas Co
Wee
R. J. and Steel
Rock Island
S.sheffield
Pacific
Utah Copper
C. Chem
Wabash
Ww. Union
Maryland
W. Electric
W. Central
Chicago
ST. Louis
OPINION ON GRAIN MARKET MOVEMENT
Bartlett Frazier Co notes fair rains in South Dakota light showers in North Dakota and widespread precipitation in Canada and Minnesota. Cash market firmness and Northwestern uncertainty suggest a steady trend. Corn shows little precipitation and a steady market. Oats remain strong on a belief of a moderate crop. Provisions show profit-taking without a material decline expected.
MENTIONED IN THIS ARTICLE
Chicago
Bartlett, Frazier & Co
South Dakota
North Dakota
Canada
Minnesota
Hog Prices Rise in Chicago Markets
Chicago reports 88,000 hogs across 11 markets, up from 73,000 a week earlier. Speculators push prices 5 to 10 cents, restoring an 8.90 quotation. Bulk trades at 8.75 to 8.85, strong weights at 8.80. Lambs rise to 8.75, up 1.50 from late last week. overall advance about 25 cents. Cattle prices in alleys steady or weak versus last Monday.
MENTIONED IN THIS ARTICLE
Chicago
Also Mentioned on This Page
Navy
Clark
J. M. Anderson
Hentz
Geran
McFadden
Springs
Hicks
Mitchell
Turners
Dallas
Oklahoma
Hayward & Clark
Atlantics
New Orleans Times-Democrat
Bear
South
Cotton Market Opinions
Joseph Thal
Louchheime & Co
New York Stock Market
Orleans
Harleston
Pacific Coast
Interior
Cincinnati Ie
Eden
Rte
Stead Eosin Caccedionenene Ales Ann
Harriman
lInterest
Markg&t
Atlanta
Postell
Omega
Carter
TANDE
Wheat Holdings
Tina
Isle OF Palms
Atlanta Terminal
Southern Railway
Peachtree Street
Lowry National Bank
Hearst
Hearst’s
Sunday American
Atlanta Georgian
East Alabama
Peachtree ST
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