THE COTTON MARKET.
UNPRECEDENTED EXCITEMENT NEW" Y< if! K. .lauuary -''(J. Cotton dropped .'.7 points in New , York, creating tremendous excitement. . Bulls afterwards bid for all .Lily cotton ; iv -lent. Meanwhile at New Orleans May" cotton broke SSO points from the highest price. NEW YORK. January 31. There is unprecedented excitement in the New York cotton market, owing 10 Liverpool speculation. Prices rose 40 points in New York, and 63 in New Orleans. A SIGN OF THE TIMES. Failure of Big American Brokers. (Received ..">7 a.m.) NEW YORK. January 31. Messrs. A. B. Baxter and Coy., cotton broker?, with 125 branches in the United States, have failed. It is estimated that they have 10-t 100.000 dollars (£20,000) daily for the last three | months.
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Auckland Star, Volume XXXV, Issue 27, 1 February 1904, Page 5
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123THE COTTON MARKET. Auckland Star, Volume XXXV, Issue 27, 1 February 1904, Page 5
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