Cotton Market Ends Mixed As Traders Weigh Futures Openings
New York cotton futures opened with a small advance but the day showed wide fluctuations amid cautious trading. Reports from Liverpool and Wall Street supported slight gains while domestic mills projected higher prices and tighter supplies, with futures activity fluctuating through the day and closing near unchanged.
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Chicago Grain Market Shows Light Cash Demand Pressure
The Chicago wheat and corn markets opened weak on light cash demand and heavy Argentine shipments but closed firmer on better demand. May futures mixed as traders weighed Liverpool cables and domestic cover by speculative traders. Grain, provisions, and related commodities traded narrowly with volatility centered on supply signals and futures outlook.
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Local Market Review Shows Higher Prices and Tight Supply
The eastern markets report lively demand and higher prices for fowls and produce. California fruit and New York guidance push prices up while overall market tone remains cautious with limited gains and steady wholesale activity.
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Powitry
Cianceine
Hoteton
Cas Bane
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Market Turmoil Spurs Weak Iron and Sugar Declines
New York reports a weak stock day as iron and steel issues slide amid trader sentiment. Sugar drops on dividend doubts while Third Avenue shares tumble, with rumors of large insider sales and anticipated monthly statements impacting investor confidence.
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Paria Markets Report Third-Party Banking Update
Paria reports a three percent increase for the account and a currency exchange quote for checks. New York records indicate a clearings balance of 72,788 560 with miscellaneous figures and conditions noted for the period ending March 3.
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