Cotton Prices Edge Down Amid Market Slump
The Cotton Exchange report notes a steady to lower opening as Liverpool weakness and South Atlantic offerings widen declines. New York modestly rebounds on Wall Street buying before broad liquidation drives prices down, with New Orleans showing steadier levels after late November news of British vessel sinkings and 90 000 bales lost.
MENTIONED IN THIS ARTICLE
Cotton Exchange
Liverpool
New York
Wall Street
South Atlantic
New Orleans
New York Cotton Opens Steady Then Sinks on Liquidation
The New York cotton market opened steady with declines of 8 to 25 points after weak cables, then fell sharply on liquidation and regional selling. By mid morning March traded near 17.98 cents and May around 17.31, with losses of about 34 to 36 points from the prior close as new crop slipped about 18 to 20 points. Prices later recovered modestly on covering and bullish spot reports, with May near 17.40 cents.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Liverpool
Southern
South Atlantic
Chicago
South America
Europe
Unite States
North Atlantic
Kansas
United States
Argentina
Onte
Cotton futures open steady with mixed early bids
New York cotton futures opened steady on Tuesday with March at 17.00 to 17.15, May around 17.45, and October near 16.28 cents. Futures closed 10 to 16 points lower as highs and lows varied. notable levels included March 17.32 to 17.44, May 17.26 to 17.65, and July around 17.37 to 17.65.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Liverpool Opens Thursday With Big Lead
Liverpool is set to open Thursday with a 12 point cushion as an 11 o'clock call moves the New York market to a call status, with March and May dates noted in the ongoing schedule.
MENTIONED IN THIS ARTICLE
Liverpool
New York
New Orleans Cotton Prices Fall Then Steady After War News
Cotton prices opened 18 to 23 points lower in New Orleans with poor Liverpool mood and weak demand. The market steadied after reports of British ship sinkings and a German raider sinking twenty one ships, narrowing losses to 12 to 18 points by close.
MENTIONED IN THIS ARTICLE
NEW_ ORLEANS
Liverpool
South Atlantic
Cotton opens steady as New Orleans futures edge lower
Cotton markets opened steady in New Orleans with January through October futures quoted higher and lower at various points. Futures closed several points down from Tuesday highs with March and May futures showing mixed gains and losses across the session.
Liverpool Cotton Market Declines in Steady Session
Liverpool January 17 cotton prices show a steady tone with good middling at 10.95 cents and middling 10.814 cents. Low middling 10.634 cents. Trading limited to 9 and 10 grade ranges. Receipts zero, with 500 bales for speculation and export.
MENTIONED IN THIS ARTICLE
Liverpool
Futures Market Movements in Liverpool Letters
Futures quotes for January through next year show steady adjustments with contracts ranging 9.56d to 10.41d. A quoted exchange reflects a light schoolyard exchange about attendance, ending with a widow’s remark.
Wheat ends the day with a slight loss
Chicago reports show mixed activity as shipping losses from South America influenced wheat futures. Prices opened mixed, dipped, then rose before closing nervously lower for May and July, with corn firmer and export demand continuing.
Grain Prices Reported With Sparse Figures
A fragmented market brief notes cash wheat and oats prices with scant figures. It lists No. 2 re and No. 2 hard as nominal, oats around 67 to 68 cents, barley at 95 cents and 1.31 dollars in unclear terms.
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Temple Hill
Market quotes: wheat corn oats and rye steady to higher
Cash wheat remains unchanged with No 2 hard at 1.90 to 1.95 and No 2 red at 1.89 to 1.93. Corn edges up a bit with No 2 mixed at 64 to 65 cents and No 2 white at 64 64 1 2 cents. Oats hold steady with No 2 white 57 4 to 58 1 2 cents and No 2 mixed 56 to 56 1 2 cents. Rye steady.
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Kansas City
Grain futures close with mixed gains and losses
Kansas City markets report grain futures closing mixed with wheat May at 1.83 and July at 1.47, corn May at 87% and July at 96% with this session’s price moves.
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Kansas City
Wheat Prices Steady Across Markets In St Louis Report
Cash wheat held steady with No 2 red near 1.96 to 1.97, No 2 hard at 1.97. No 2 white and No 2 red saw gains, rye held at 1.48, and No 2 white around 58 cents. The report covers prices in St Louis on January 17.
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ST. Louis
Local Packing House Quotes for Dealers
Wednesday quotations show dry salt extras at 16 cents, bacon extras 18 cents, dry salt bellies 14 to 16 pounds average 18 cents, fancy breakfast bacon 27 cents, fancy ham 21 cents, bacon bellies 14 to 16 pounds average 19 cents, pure lard 17 cents, compound 14 percent cents, American cheese 27 cents per pound.
California rice crop revised after December cold
Washington reports December cold damaged California rice yields, lowering the December estimate from 67 to 59 bushels per acre and reducing total state production to 3,263,000 bushels from 3,453,000 bushels.
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Washington
California
Department of Agriculture
Huntington Tobacco Market Breaks Price Record
Huntington West Virginia January 17 price records fell as the season average price per pound reached 18.98 dollars. Daily sales totaled 147000 pounds.
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Huntington
W Va
Textile market report from New York trade day
New York reports uneven early cotton sales Tuesday with gray goods in slow demand. Yarns stayed quiet while burleps showed irregular activity. Men's wear openings drew many buyers in the market.
MENTIONED IN THIS ARTICLE
New York
Rice Market Steady with Unchanged Quotations
In New Orleans on Tuesday January 17 rough and clean rice held steady. Receipts totaled 860 sacks for rough and millers 860 sacks with 1205 pockets for clean. Sales included Clean Honduras 1017 pockets Japan 726 pockets and blue rose 560 pockets.
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New Orleans
Honduras
Japan
Florida Banks Fail In Jacksonville And Live Oak
The First Germania State Bank in Jacksonville did not open today after a December report shows deposits of 201,703.03 and total resources of 280,578.04. The Florida state comptroller seized Citizens' Bank of Live Oak, which reportedly had dealings with Heard National Bank that also failed to open yesterday.
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Jacksonville
Fra
Germania State Bank
Citizens’ Bank
Live Oak
Fla
Heard National Bank
Shippers Market Prices Show Texas Poultry and Dairy Shifts
Market notes from San Antonio report higher egg prices and steady butter for Texas creameries. Poultry prices vary across sizes with hens from 5.50 to 6.00, fryers around 6.06, turkeys about 21 to 22 cents per pound, ducks per dozen from 7.00 to 8.00, and geese ranging 12.00 to 15.00.
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San Antonio
Texas
Texas Creamery
T.ce
Chicago Market Prices Report January 17
Quotations today show butter at 31 and a half cents, creamery 7, eggs down with 1937 cases received. Firsts 44 cents, ordinary firsts 38 to 43 cents at mark. potatoes steady with 20 cars received. Washington, Colorado, Idaho and Oregon whites $1,902.05. Michigan and Wisconsin whites $1.80 to $1.90. Poultry alive steady with fowls 19 cents.
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Chicago
Ill
Washington
Colorado
Idaho
Oregon
Michigan
Wisconsin
Springside
Market Quotations From Kansas City Report
Kansas City market notes list dairy Creamery at 41 4, eggs Firsts 42, poultry hens 16 cents, roosters 12 ½, turkeys 14, potatoes at 1.90 per unit. Record shows fluctuating rates for agricultural goods as of January 17.
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Kansas City
Cotton Statistics From Various Cities Reported By Weather Bureau
Galveston Texas and Houston Texas list cotton bale figures for the season with totals in thousands while New Orleans Mobile Savannah Charleston Norfolk New York Boston Philadelphia and others show smaller counts. The report notes deficits this season and includes wind and precipitation caveats from the Weather Bureau.
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Galveston
Texas
Houston
Texas City
New Orleans
Mobile
Ala
Savannah
Charleston
Wilmington
Norfolk
Vas
New York
N. Y
Boston
Mass
Philadelphia
Pac
Local live stock market steady across major markets
Union Stock Yards reports hogs gained nationally with St Louis posting the best 15 cent rise. Cattle showed narrow shifts and were generally steady while sheep stayed slightly weaker. Receipts ranged with average totals and local sales completed at prior day prices as stock moved to the city trade.
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Union Stock
St. Louis
San Antonio
Fort Worth cattle hogs and sheep market report
Fort Worth Texas cattle receipts reach 2700 with slow market. Prices Steers 6.20 8.75, stockers 6 7.50, heifers 6 9.60, cows 5.40 6.75, calves 4.56 9.50. Hog receipts 4000 up 5 to 38 higher. bulk 10.46 10.45 top. Sheep receipts 230 steady. lambs 11.50 12.50, yearlings 9.50 10.50, wethers 8.50 9.50, ewes 8.0 9.0, goats 3.25.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Chicago live stock market receipts and prices
On January 17 Chicago reported hog receipts of 53 000 head with a strong market and bulk prices ranging from 10 45 to 12 10 for various categories pigs at 8 00 to 10 16. Cattle receipts 20 000 head with firm prices for natives westerns and calves from 4 75 to 9 26. Sheep receipts 16 000 head with range for wethers from 9 65 to 10 80 and lambs around 11 60 to 11 60.
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Chicago
Ill
Kansas City Livestock Prices Slip in Mixed Receipts
Receipts at Kansas City on January 17 include about 12 000 hogs and 6 000 cattle with steady to higher tone for hogs and mixed cattle markets. Prime hogs reach 10.70 to 11.05, while cattle show steers at 10.75 to 11.50 for primes and cows 5.25 to 9.00. sheep and lambs soften slightly with lambs at 13.25 to 13.80 and yearlings 11.50 to 12.50.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago-Lous Receipts and Quotations for Hogs Cattle and Sheep
In St Louis on January 17, receipts and prices for hogs cattle and sheep show market trends. Hog prices range from 8.25 to 19.65 with a 15 cent higher trend for some classes. Cattle receipts total 4560 head with varied prices across native beef steers cows and yearlings. Sheep receipts at 1000 head indicate steady market with lambs at 12.75 to 14.25 and ewes 6.50 to 10.00.
MENTIONED IN THIS ARTICLE
T. Louis
Efforts to Hold Down Grain Prices Reported by U S Officials
Washington officials note a decree prohibiting cables about wheat and corn supplies to prevent Britain from speculating on grain. The State Department was advised, and reports suggest Britain may face grain shortages affecting its pricing as market perspectives shift.
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Washington, D. C
Great Britain
State Department
Rites
Amelia
Sugar futures rise on demand despite unsettled shipping
Sugar futures opened slightly lower on overnight selling, then rallied at noon with net gains of 1 to 2 points as shorts and trade interests showed strong demand amid unsettled shipping conditions.
MENTIONED IN THIS ARTICLE
New York
Shorts
Turpentine and resin firms report mixed sales data
In Savannah on January 17, turpentine firms show 53 percent sales and 153 receipts with 95 shipments and 22 416 stock. Resin firm reports 1284 sales 1562 receipts 717 shipments and 87 876 stock. Quotations list multiple grades from 6.20 to 7.30 for various products including window glass and water white.
MENTIONED IN THIS ARTICLE
Savannah
Speeding Yank Misreads Dead Slow in Scottish Town
An American motorist in a small Scotch town is stopped for speeding. He jokes to the constable that he saw the notice but thought it referred to the town itself, quoting a Boston Transcript remark.
MENTIONED IN THIS ARTICLE
Boston Transcript
Market Report shows light egg and poultry receipts and price shifts
Receipts of eggs and poultry were very light with no standard price possible. Florida eggplant cost 12 1/2 cents per pound and bran rose about 2 cents per hundredweight. Dried beans and chili pepper prices adjusted in wholesale markets with careful notices for ob lot and car lot quotations.
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California
Wholesale grocery price list for vegetables and fruits
Wholesale prices to retailers for potatoes tomatoes celery cranberries cabbage cauliflower peppers lettuce and more. Includes apples bananas oranges grapes and canned fruits with unit prices by region and pack size, plus bulk grain and coffee costs.
Stocks End Heavy As Market Closes With Weak Tone
New York stocks opened with variable concessions and an irregular trend. United States Steel fell 1% after 15 000 shares at 114 to 112% while panel Steel rose about 6 points. industrial alcohol marine peerseree Anaconda Copper and others slipped 1 to 3 points. Secondary prices moved higher briefly before fading. Bethlehem Steel plunged 34 points to 440 and Pittsburg Coal rose roughly 4 points as overall activity remained light and the close was heavy.
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New York
United States Steel
Atlantic
Gulf and West Indies
Bethlehem Steel
Pittsburg Coal
Mercantile Rates Steady. World Bonds Stable
New York report shows 3 2 percent rates in mercantile markets with 60 day bills on banks at 4.72 percent and commercial bills at 4.71 percent. Demand cables rise to 4.76 percent while francs near 5.84 percent. Government and railroad bonds hold steady as currency quotes list sterling francs and guilders.
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New York
Mercantile Papst
Market Rates Report From New York Jan Seventeen
Time loans offered with 24 percent for 90 days and 3 percent for six months. Call money steady with high 2 percent and low 1 percent. Ruling rate 2 percent. last loan 2 percent. bidding 1 percent and offered at 2 percent.
MENTIONED IN THIS ARTICLE
New York
London Money Markets Note Silver Price And Rates
London reports bar silver at 364 per ounce and Money at 3 percent. Discount rates show short bills at 3 percent and three month bills at 5 percent.
MENTIONED IN THIS ARTICLE
London
Dawson County State Bank of Lamesa Granted Texas Authority
The Dawson County State Bank of Lamesa in Dawson County received a certificate of authority to do business in Texas from the Commissioner of Insurance and Banking in Austin. The bank’s capital stock is listed at 25 000 dollars.
MENTIONED IN THIS ARTICLE
Austin
Tex
Texas
Commissioner of Insurance and Banking
Dawson County State Bank of
Lamesa
Dawson County
Metal markets sew York metals new y
Lead offers at 1.60 bid while spelter and copper show mixed quotes. Electrolytic copper ranges from 28.00 to 32.50 with steady iron trading around 44.75 to 45.25.
Commodity futures show steady New York features
New York trading on January 37 reports steady prices in futures markets with March at 594 and May at 60%. Trade activity centers on wheat and corn shifts as investors weigh supply data.
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New York
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