Cotton futures rally on European demand and liquidation
The market surged after news of reduced German tension and Liverpool buying. Prices jumped as much as 100 points on May and July contracts, with a national advance driven by liquidations and short covering. Spot quotes showed firm demand, with Middling around 14.50 and total sales near 278 bales. Futures opened steady at March 13.95, May 14.20, July 14.20, October 13.90, December 14.05.
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New York
Work
United States
Germany
Liverpool
Washington
Southsig Gustey Halers
Wall Street
Markai
Iis
Iis and Qetive
Shorts
Saith
Fiaive
Dales
S & Whole
America
En Tellers
Lyeker
Star
New Qoreens Wit Nomial
Wilmington
Savannah Sne
Charleston
Norfolk
York
New Orleans
New Orleans Cotton Opens Steady On Early Bid
New Orleans cotton markets opened steady with futures showing March 13 around 38, May 13.55, July 13.57, October 13.12 and December 13.24 as buyers and sellers set initial levels.
MENTIONED IN THIS ARTICLE
New Orl
New Orleans
Eans Cotton
Ening
New Orleans Spot Cotton Prices on Feb 3
New Orleans spot cotton held steady with 1500 bales sold on the spot and deliveries of 200. Prices ranged from 15.69 for good ordinary to 17.81 for strict middling with active early trading unsettled by news of Germany relations and Washington dispatches lifting hopes for higher cotton use.
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New Orleans
Germany
Washington
Savannah and Wilmington Naval Stores Reports and Market Rustling
Trade notes show Wilmington naval stores dull with spirits tar and Rosin none, while Savannah reports spirits and rosin figures. Cotton seed oil market closes strong with prices listed across months and total 16,700 barrels. stock trading reacts to diplomatic news with Wall Street volatility and notable swings in steel and industrial issues.
Coffee Futures Steady in Rio No. 7 Trade
New York February 3 Coffee futures narrowed gains with March at 8.32 cents and May at 8.42 cents for Rio No. 7.
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New York
Rio No. 7
Wall Street reacts to war news with mixed trading
New York traders faced margin calls and heavy short selling before a late-day rally as investors tested the market under war headlines. Brokers reported renewed buying as shorts covered and war talk heightened patriotic sentiment on the floor.
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Wall Street
New York
Shorts
Germany
Produce Exchange
United States
Mercantile Exchange Rates and Bond Summary
New York February 3 mercantile prices show 60 day bills at 4.72 1 2 with cables 4.76 7 16. francs at 5.84 3 4 and 5.83 3 8. marks at 67 1 2. Kronen near 10.80, 10.82 cables. Guilders 40 3 4, cables 40 13 16. Silver at 76 7 8. Government bonds steady while railroad bonds remain heavy.
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Mercantile Paper
New York
Midvale Leads Bull Rebound After Early Curb Market Selloff
New York curb market traders initially discounted the report of Germanys ambassador death with Midvale Steel slipping to a new low of 50. About half an hour later a bull run lifted stocks with Midvale guiding the advance as it rose from the day’s low to its closing high.
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New York
Midvale Steel
Midvale
Attack on Personal Liberty at El Paso Immigrant Station
The Greensboro News condemns a government action at the El Paso immigrant station in which about a thousand Mexicans were given baths without consent, labeling it a flagrant example of government overreach.
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el Paso
Greensboro News
Wheat Market Slumps then Recovers Amid War Rumors
The Chicago wheat market opened with heavy selling in May July and September contracts pushing values down to 164 1 2 and 140 3 4 and 131 1 2. A late rally lifted May to 168 1 2 July to 148 1 2 and September to 138 amid strong buying by major houses and cautious selling by others. Corn rose modestly while oats gained and provisions fell on liquidation. traders noted possible price floor but warned political risk could keep markets volatile.
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Joseph PF. Prichard
Chicago
Ills
United States
Germany
Thees
The Expense and Price of Peace
A wry remark on peace at any price and the warning that waking to find you lack the price could thwart idealistic aims. The line underscores caution about negotiation costs and practical outcomes.
Bernstorff Faces Exit as Germany's Ambassador Departs
The German ambassador Count von Bernstorff discusses transfer of embassy duties to Dr. Paul Ritter as he prepares to leave the United States. He downplays timing, says he may not know when he can return to Germany and jokes about ships in American ports. The State Department expects safe return arrangements.
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Paul Ritter
Dr. Ritter
Count von Bernstorff
Lansing
United States
Germany
Bernstorff
State Department
Walters and the Factory Dream in a Quiet June Evening
ES Walters, a fighter and gambler with chance, built a washing machine empire from a small shop into a factory. He had organized talent and devotion, sharing a life with Kate as their dream grew through rooms to a house, until the deluge. On a June evening he stands alone in his office, gazing at the new building with a tear.
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Walters
Walter
Roger
Caruter
Kate
Thompson
Jim
Whitaker
Frank
Whittaker
Busines
Barnes
Homeward Run with Kate Ends in Courageous Reveal
Walters and his wife Kate share a late night drive home in a electric brougham. He resolves to reveal a difficult truth within a month, seeking honest conversation and a moment of solace beside the park lake.
When Kate Helps Frank Face Financial Failure
In a lake shore drive scene, Frank Walters reveals his dire need for fifty thousand cash and fifty thousand credit to save his factory as business crises unfold. Kate reassures him with steadfast love, vows honest conduct, and arranges a critical meeting with banker Jim Whitaker to secure clean support.
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Clurpe
Kate Walters
Frank
Jim
James Whitaker
Third National Bank
Frank Walters
the Metropolitan
Whitaker
Walters
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