Cotton Market Opens Hesitant As Prices Slip Then Steady
In New York on March 6 the cotton market opened unsettled with first prices 1 point off to 3 points higher. British reports say continent buying new crop options and Manchester mills inquiring for spot. By close, prices were irregular but steady, March at 12.24, May 11.92, July 11.86, October 11.46, with a bearish local sentiment and light trading amid Wall Street selling. Wires from the South note mixed crop prospects but favorable weather supports planting, while overall outlook remains cautious.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Manchester
Wall Street
Augusta
Alabama
North Carolina
Mississippi
Arkansas
Tennessee
Liverpool Cotton Market Opens Steady Despite Declines
Early cables suggested a better start than due but markets opened steady with a 2 point drop. By 12 15 pm prices eased to a net 1 2 point decline and closed 2 4 points below Wednesday finals. Spat cotton down 1 point middling 6824 bales sold 10000 including 9100 American imports 6000 bales incl 5000 American. Port receipts for today estimated 21000 bales versus 16663 last week and 44207 last year.
MENTIONED IN THIS ARTICLE
Liverpool
Daily Cotton Letter Reports Political Unrest and Market Slump
New Orleans dispatch notes renewed revolts in Mexico and European powers bolstering armies, while Balkan progress stalls. Liverpool sales total 10 000 with prices down slightly. Weather favorable but mixed, Savannah shows spring plowing up. week outlook around 195 000 bales versus 323 708 last year. Market dulled to 12.11 for July as political and supply factors weigh on demand.
MENTIONED IN THIS ARTICLE
New Orleans
Mexico
France
Germany
Liverpool
Savannah
Texas
New York
Augusta
Cotton Market Notes Across Cities
Spot cotton prices listed for multiple cities show steady to quiet trading in various bases. Middling quotes range from about 12 to 13 cents in southern markets, with New York and Philadelphia higher near 12.70 to 12.93 cents and Liverpool softer.
MENTIONED IN THIS ARTICLE
Atlanta
Athens
Macon
New Orleans
New York
Philadelphia
Boston
Liverpool
Augusta
Savannah
Ise
Galveston
Charleston
Wilmington
Little Rock
Baltimore
Louisville
Memphis
St. Louis
Houston
Cotton market outlook from merchant houses
Norden & Co notes weak cotton prices and potential buying at weak spots. Morris H. Rothschilds & Co aims to wait for reaction before selling. Sternberger, Linn & Co sees no near sensational moves. Thompson, Towle & Co remains cautious until soot elevation changes.
MENTIONED IN THIS ARTICLE
A. Norden & Co
Morris H. Rothschilds & Co
Sternberger, Linn & Co
Thompson, Towle & Co
Today’s Markets Cotton Opens Quiet in New York
Cotton markets opened quiet as bulls offered little support with prices down 8 points from the opening on near months. Bearish sentiment remained as traders anticipated selling on all hard spots and Liverpool was noted as a buyer through a local broker. The English market showed cautious demand and Manchester cited a poor undertone.
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York
Bull
Liverpool
Manchester
Stocks Tarnish On Weak London Money Market
Newton March 7 Forei affairs faded in opening trading as many issues slipped Canadian Pacific fell 1 4 points American Smelting dropped 1 United States Steel sold down sharply Lehigh Valley lost 7% Reading Amalgamated Copper weakened United Pure Steel dropped Westinghouse Union Pacific Southern Pacific American Can General Electric and Pacific Telephone fell while Interboro Metropolitan American Can preferred and Brooklyn Rapid Transit rose fractions The curb market showed irregularity Americans in London were mixed.
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Charles W. Storm
Newton
Canadian Pacific
Lehigh Valley
Berlin
London
Reading
Amalgamated Copper
United Puree Steel
Westinghouse
Union Pacific
Southern Pacific
American Can
General Electric
Vacific Telephone and Telegraph
Interboro
Brooklyn
Renewed Sales Put Stocks Off at New York Open
At the opening, professional operations ruled the stock market with irregular results. United States Steel remained unchanged then advanced, Southern Pacific rose, Canadian Pacific weakened, Amalgamated Copper traded heavily and fell. Readings showed declines for Union Pacific, American Can, and Chesapeake and Ohio, while Reading and Union Pacific softened later. The curb market stayed quiet and bonds held steady as the day closed steady.
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New York
United States Steel
Southern Pacific
Canadian Pacific
Amalgamated Copper
Union Pacific
American Can
American Car Foundry
Atchison
Goodrich
Reading
Chesapeake and Ohio
London
Steel
U. S
Atlanta Mule and Horse Market Prices Rise on Large Mules
Market shows strong demand for large mules for wagon and road work with prices 5 to 10 dollars higher than last week. Small unbroke mules slow as buyers seek ready-to-work stock. mug mules and horses remain in good demand. Prices cited: mules 14 to 16 hands 115 to 180 dollars. 14 to 15 hands 130 to 170. 15 to 15 1/2 hands 180 to 205. 16 hands plus 255 to 330. Southern chunk horses 110 to 135 for finish. good driving horses 160 to 210. heavy draughts 160 to 276. Prices imply further potential rise as high-water mark not yet reached.
Liverpool Grain Market Report
Wheat opened unchanged to lower with minor intraday dips. By 1:30 p m the market stayed flat to slightly lower while corn showed unchanged early action and finished near unchanged to mildly higher levels.
Wheat No 2 Red SOP and Oats Market Snapshot
A brief market note lists Wheat No 2 red SOP with price 110 and 49 percent, alongside oats at 38. The data reflects commodity trading values for the day, showing futures or cash bids and percentages. Limited readable facts emphasize price points for grains in a historical market listing.
Chicago Wheat and Corn Prices in Chicago Market
Wheat and corn quotations list mixed prices for No 2 red, No 2 hard winter and northern spring grades, with ranges around 90 to 106 cents. Oats for various Nos and white grades trade between 32 and 44 cents, standard at 54 cents.
MENTIONED IN THIS ARTICLE
Chicago
Fragments Provide Estimated Receipts for Friday Totals
Receipts note Thursday estimates and Friday projections with scattered numbers and unclear words. The text references corn or hogs and financial figures like 25 000 and 21 000 amid garbled OCR.
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Ené
iThursday
Cornere Etna
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