Cotton Market Turmoil Hits New York and New Orleans
Cotton prices plunged in late trading amid panic liquidation and bear pressure. May contracts fell over 2 a bale with March and July also down as the market faced weak stock demand, southern selling, and mixed spot signals in New Orleans and Houston.
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Wild Stock Market Slumps Amid Rumors and Clearing Doubts
New York reports speculative liquidation renews with vague explanations for weakness and a flood of stocks for sale. Trading features a sharp 114-point swing tied to Rock Island rumors, lower money rates, and widespread unease about liquidity and bank obligations.
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Wheat slumps on heavy selling in Chicago trade
Wheat weakness led Chicago prices lower as persistent selling pulled May and other futures down. Corn and hogs fluctuated with mixed receipts, while Liverpool futures showed softer tones sending cash wheat demand uncertain amid adverse weather delaying deliveries.
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Liverpool
Cata
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