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News of the Markets Cotton Prices Slump on Poor Cables
New York January 17 opened with declines as cotton futures slipped 8 to 25 points amid liquidation and selling from Liverpool and the South. March and May futures fell to around 17.08 and 17.51 respectively, with new crop down 18 to 28 points. New Orleans and Liverpool markets followed the bleak tone, while spot quotes in Athens and Atlanta showed firmer readings. Futures closed easy, down 25 to 27 points from prior.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Wall Street
Liverpool
Southern
South Atlantic
New Orleans