Cotton Market Review Shows Mixed Weekly Declines and Gains
The cotton market faced a volatile week with dull Mondays and firming midweek gains driven by private weather and demand signals. News from Berlin and reports of heavy rains in the eastern belt influenced prices, while New Orleans and New York closed near or slightly above the prior session.
MENTIONED IN THIS ARTICLE
Europe
Berlin
Rts
Sat
New Orleans
Bears
Neil Brothers
Shorts and Songs About an Even Break Yesterday
An even break described with steady markets and strong Liverpool support from McFadden. Heavy rains across the cotton belt sustain the market while Wall Street shows moderate buying. Consols and rentes slump. bearish consumption forecasts fail to materialize. Sunday’s forecast calls for fair and colder weather to dry the wet conditions. Local exchange shows little interest in predicting market direction.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Weather Bureau
Hester
Balkans
Liverpool
McFadden
Atlantic
Sth
Wall Street
Market Resume From the Wholesale District
Wet conditions affect markets in Mobile district as high grade perishables sell at a loss. Cabbages gain strength while small perch appears in larger numbers at the fish market. Candy shipments suggest rural demand mirrors city tastes. Exchange rates show sterling at 4.815 and New York sight at 76 cents. Ocean freights list Liverpool 46 and Havre 56 cents.
MENTIONED IN THIS ARTICLE
Mobile Exchange
Sterling
New York
New Orleans
Freight bale totals by railroad lines and agencies
New Orleans Mobile and Chicago Railroad Export 82 bales. Louisville and Nashville Train 155 Touart Quinn 14 bales Davis Wilson Gaillard 2 Farmers commission Co 1 Transit 109 Total 126 bales. Mobile and Ohio Railroad Export 356 bales.
MENTIONED IN THIS ARTICLE
New Orleans, Mobile and Chicago Railroad
Louisville and Nashville Railroad
Touart & Quinn
Davis, Wilson & Gaillard
Farmers’ Commission Co
Transit
Mobile and Ohio Railroad
Spirits turpentine market and rosin activity report Savannah
Liverpool Cotton reports spirits turpentine at 27 1/2 percent with sales none, receipts 128 casks, shipments 8, stock 76,446. Rosin no sales, receipts 200 barrels, shipments 591 barrels, stock 109,818. Quotations listed for B through K grades with varying prices and an H price at 690 1640, indicating limited trading activity.
MENTIONED IN THIS ARTICLE
Savannah
Rosin
Wheat Prices Plunge as Market Stocks Hit Lows
International News Service reports Chicago on March 15 saw the season's low wheat price with May futures at 88 3 8 and July at 1037 8. Despite some buying by shorts and investors, traders remain cautious as cash sales, exports, and weak shipping directions weigh on markets.
MENTIONED IN THIS ARTICLE
International News Service
Chicago
Ill
Shorts
St. Louis
Kansas City
Seaboard
Minneapolis
Maynard
Amalgamated Copper
American Beet Sugar
American Cotton of
American Sugar Refining
American Tel
Anaconda Mining Co
Erie
General Electric
Great Northern
Great Northern Ore Ctis
Tilfinois Central
Interborough-Met
Inter-Harvester
Ie & Nashville
Issouri Pacific
Missouri, Kansas & Texas
Lehigh Valley
National Lead
New York Central
Norfolk & Western
Northern Pacific
Pennsylvania
People’s Gas
Pullman Palace Car
Reading
Rock Island Co
Pfd
Southern Pacific
Southern Railway
Union Pacific
United States Steel
Wabash
Western Union
Texas Oil
Market Stocks and Bonds Activity Report
New York report shows 81 390 shares sold today versus 361 563 a year ago. Total par value of bonds sold today 827 000 dollars, down from 1 285 000 dollars a year earlier.
MENTIONED IN THIS ARTICLE
New York
Money Market Notes and Market Conditions
Money Market reports show prime mercantile paper at 5.4 to 5.6 percent with sterling at 4 82 1/2 for sixty days and 4 87 1/2 for demand. Bar silver at 67 1/2, Mexican dollars at 47 cents. Government bonds steady and railroad bonds irregular. Time loans easier at 53-4 6 for sixty to ninety days. six months 61-2 3-4.
MENTIONED IN THIS ARTICLE
New York
Sterling’ Exchange
Mobile Clearing House Week End Clearings Report 1913
The Mobile Clearing House reports week end clearings of 1 244 670 62 dollars and March 1913 monthly clearings totaling 3 000 355 72 dollars. A cash bargain day at Weinacker's is advertised for Wednesday March 19 with customers urged to ring up Bell.
MENTIONED IN THIS ARTICLE
Mobile Clearing House
Weinacker’s
Cotton Prices Steady as Turpentine Market Reports
Turpentine Liverpool market notes cotton remained quiet with prices steady. American middling around 7.09 to 7.43 for various grades, daily sales about 6,000 bales of which 500 were speculative. receipts 1,000 bales including 100 American. Futures opened steady and closed very steady across the calendar months.
MENTIONED IN THIS ARTICLE
Great Britain
United States
Liverpool
German steamers load lumber and cotton for Europe
Steamers Horncap and Jupiter arrived to load cargoes of lumber and cotton for Europe. Horncap was loaded by Elder-Dempster, with partial cargo to New Orleans. Jupiter, for European Lumber Co, loaded timber from lighters. American schooner William N. Sumner arrived from San Juan to load lumber for Caribbean ports. Dorothy Belle carried 406,564 superficial feet of yellow pine lumber to Havana. Agnella due Sunday with 20,000 banana bunches for Hubbard Zemurray. discharge at L&N docks.
MENTIONED IN THIS ARTICLE
Europe
Horncap
Jupiter
Elder-Dempster Steamship, Company
New Orleans
Plier 6
Las Palmas
European Lumber Company
Agnella
Hubbard-Zemurray Steamship Company
Bertha
Maritime Cargo Docks Wrap Delays Across Several Lines
The Munson line sails with 650 crates of Cuba apples due port. The Norwegian A Alm of the Seeberg line arrives with cargo from Red Islands. United Fruit Company freighter expected bananas from Puerto Cortez. British steamer surveyed at Huelva Spain with iron pyrites bound for Mobile.
MENTIONED IN THIS ARTICLE
Munson
Red Islands
Fruiter
United Fruit Company
Puerto Cortez
Huelva
Spain
Mobile
Large cargo voyage to Windward Leeward islands aboard Hilding
The Seeberg liner Hilding sailed Saturday afternoon for Windward and Leeward islands with the largest general cargo ever sent to those ports. The shipment included lumber, shooks, flour, furniture, meal, an organ, gasoline, oats, and other goods purchased abroad. Alma departed March 1 for Martinique and will carry similar cargo to Jamaica and Haitian ports.
MENTIONED IN THIS ARTICLE
Seeberg
Hilding
Westron
Windwerd
Leeward Islands
Mobile
Agen Mobile and Ohio Railroad
Rolf Seebe
Alma
Martinique
Jumaitek
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N. B. Oh
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van Antwerp
Battle House
Meridian Light Why Ry. Co
Eee I Mobile
Ry Am
Consolidated Ol Mobile Street Railway Co
Elgin
Alabama Iron Works
South Commerce
REET
D. R. Dunlap
J. M. Walsh
George W. Marquis
E. L. Merkel
Secy
Treas
J. M. Walsh, John Cowley
Murray Whee
P. J. Lyons, R. A. Christian, D. R. Duniap
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Clearing House Report
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Oake
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Haas Bros
Southern Market