The Archive · 1914

The Cotton Trade

The Mid-American market in New York has undergone very little change during the week. Although American cotton is open for export to all countries, business continues to be very restricted. The latest New York quotations are 7 cents. December, 7-14 cents. January, 7.36 cents, March, 7.50 cents May, and 7.90 cents. October. It is reported that Russia is buying heavily at Liverpool.

There was slightly more activity in the local cotton market during the week. Receipts from upcountry show marked improvement. Prices have also advanced slightly and the tone of the market at the close was steady.

In Indian yarn there was a very small business, and prices have gone down about Tls. 1 1 the average. About 1,000 bales are reported to have changed hands during the week.

Text read from the printed page and cleaned; old type leaves the occasional error.

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