Cotton declines followed by rally in market on weather reports
The Daily News market page reports an early decline in cotton followed by rallies as weather reports turn mixed. Prices moved from slight losses to gains with July around 22.4 and October near 21.8 as buyers and short-covering supported a late-day upturn amid hopes for steadier demand and improved weather.
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Associated Press
New York
Liverpool
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Oklahoma
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May
New Orleans
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U. Sport
WEW
Orleans
Loge
Shorts
Bull movement sustains gains in stocks and utilities
Wall Street extended its weekly rally as easy money, rising commodity prices, and signs of trade expansion lifted shares. Nash Motors hit a yearly peak after a 27 point rise, public utilities led gains with Americas Water Works near a record, while Virginia Railway and Power slipped. Call money steadied at 1 percent as bankers eyed liquidity amid ongoing demand for power sector stocks.
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Associated Press
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Wheat Slips in Price Amid Large Sales
Wheat prices fell today as extensive sales and a lower US visible supply dented markets. May futures slipped to 1.60 1.69 and July to 1.51 1.52, while corn and oats were mixed and provisions trended higher on a warmer weather outlook.
MENTIONED IN THIS ARTICLE
Associated Frees
Cotton Goods Markets Mixed Quietly in New York
Cotton goods markets were quiet with activity limited to printed and novelty woven wash fabrics and rayon mixtures. Yarns ruled easy while talk of curtailment emerged and plans to reduce operating schedules from June first. Raw silk was steady and silk goods stayed active wholesale with wide specialties in good call. Wool goods showed little change and burlaps eased slightly.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Cotton seed oil futures mixed amid light outside support
The AP reports New York May 18 cotton seed oil rose seven points on sympathy with higher lard, but outside demand was sparse and near close most leading deliveries held steady from Saturday. Trades noted September selling by refiners and notable crude and prime caminer yellow quotes amid muted activity.
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Associated Press
New York
Ortoler
Bulk Fed Steers At 8.75 To 10.25 In Kansas City Trade
Cattle receipts total 18,000 with calves 2,500 as May 18 reports show bulk fed steer offerings at 8.75 to 10.25 with top cattle near 7.00 to 10.25, hogs steady with top around 12.30, sheep receipts 11,000 with native springs at 14.86 and wooled lambs at 14.00 to 15.25. regional notes include Wichita market with hogs at 12.50 to 13.25 and cattle to 7.50 for beef steers and 4.00 for beef cows and heifers.
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Kanbas City
California
Ty Associated Press
Wichita
Oklahoma City Cattle Receipts May 18 Report
Cattle receipts 1.7 good cattle around nine dollars. Beef cattle weak to twenty five cents lower. Calves steady, stockers steady. Hog receipts 700 higher. top twelve dollars and eighteen cents. Bulk price around one dollar. Packing sows ten dollars seventy five cents. Stockers eight to nine dollars fifty.
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Associated Press
Oklahoma City
Port Worth Cattle Market Report May 18
Port Worth cattle receipts 850 with calves and beeves priced around 3.50 per hundredweight. Stockers and fat cows range 3.00 to 6.00. yearlings and bulls mixed. Hog receipts 1,800 with top near 12.10, packing sows 9.60 to 10.50. Lambs 10.00 to 14.50, feeders 10.00 to 11.00, wethers 7.50 to 9.50, stockers 5.00 to 7.50.
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Associated Press
Port Worth
Chicago market report hogs cattle and sheep prices May
CHICAGO May 18 hog receipts 85,400 actives top 12.80 packing sows 11.20 11. tie slaughter pigs 11.75 12.05 heavy hoes 12 See medium 12. WY 12.80 light 12.40 cattle receipts 10,000 strong early to yearlings 11.00 fed steers and yearlings 8.75 1000 cows 5.50 7.00 Heifers 7.50 bulls 5.25 5.05 vealers 9.00 sheep receipts 22,000 slow feeding lambs native cippers 12.30 heavy springers
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Associated Press
Chicago
East St. Louis Livestock Market Report May 18
Hogs receipts 0,500 higher with top 12.90 and bulk 12.60 12.85. light hogs 12.75 12.85. packer sows 120.75. Cattle receipts 3,500 slow with beef steers 7.65 10.35, canners 2.75 38.00, balls 5.00 5.0, light dealers 9.50 9.75. Sheep receipts 1,000 lower with Tennessee springers 15.75, native 15.25 15.50, clipped ewes 7.50.
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East St. Louis
Associated Press
ST. Louis
Market notes from Wichita and Chicago livestock and produce
Hog receipts in Wichita on May 18 were 1609 with prices higher for packers and top cuts around 12.10 to 12.06 per cwt, cattle receipts 2100 showing weakness in butcher cattle and declines for beef steers, cows, and calves amid mixed demand. Potatoes and poultry prices in Chicago reflected dull or varied activity with Wisconsin and Michigan white potatoes and Crescent state stocks quoted. poultry alive prices showed slight declines across fowls, roosters, turkeys, ducks, and geese.
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Wichita
Kas
Associated Preas
Chicago
Butter and Eggs Chicago Market May 18 Prices
Butter prices advance for creamery and storage packs in Chicago trading. Creamery pan sells at 414 and 413 percent standards, extra firsts at 40, firsts 31 814, ordinary firsts 3, storage pack extras 324, and firsts 82 with May 18 market activity noted.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Foreign exchange and commodities report from New York
New York on May 18 shows steady foreign exchanges with British currency at 4.853 and 4.85 on cables, U S bonds mixed with Liberty 3s at 101.2 and Treasury issues around 102, call money steady with rates near 8 to 3 percent, and coffee futures closing higher. Raw sugar markets unsettled with Cuban unchanged at 4.43 and Porto Rican slipping to 4.30 with May at 2.61 for futures.
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New York
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France
Italy
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Montreal
U. S
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U. S. Treasury
0. S. Treasury
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