New York Cotton Futures End Volatile Amid Price Freeze Talk
New York cotton futures swung widely as losses and gains followed an Economic Stabilization Agency request for a voluntary price freeze at December 1 levels. By close, prices posted gains, with new crop months hitting day highs while dealers debated whether ceilings would bind raw cotton. Census figures showed 1950 crop ginnery output at 9.2 million running bales as mills remained able to absorb current prices.
MENTIONED IN THIS ARTICLE
New York
Economic Stabilization Agency
Margo Reserve
Cotton prices tumble as futures close lower
Cotton futures end the day down 18 to 35 points amid softer spot prices in the southern markets. The article notes quotable middling cotton at around 43.0 cents per pound and ongoing activity with bale counts near 47,901 for the day, alongside weaker cottonseed oil futures and related market chatter.
MENTIONED IN THIS ARTICLE
Martes
Wemeeren
Livestock Market Mixed Prices Hit Cattle Hogs Goats
AP dispatch reports cattle and calves steady to uneven, stocker calves 20 to 23.50, slaughter calves 20 to 29, hogs steady with choice hogs 4 to 5 percent, sows and boars listed, goats including Angoras priced around 12 to 29 with light weights mixed. Market activity generally subdued with regional variations.
MENTIONED IN THIS ARTICLE
Big Town
Stock Market Rally Extends Fourth Session Surge
The market extended its rally for a fourth straight session amid war tension and price freeze concerns. Rail shares led gains with notable advances in radio television distillers and rubber stocks while industrials and utilities fell, turn over around 3.5 million shares.
MENTIONED IN THIS ARTICLE
York
Faves
Associated Press
E Radio-Television Group
New York
International Telephone
F. Goodrich
J. J. Case
Distillers Corp Seasraves
Zenith Die
Warren Petroleum
TWA
US Gypsum
Montgomery, Ward
Down
United Jrcraft
American Woolen
Caterpillar
Jaude Neon
Damon “A
Humble Oil
Raytheon
Tune Sol
Markets At A Glance New York Stock Mixed Gains In Distillers
New York markets show irregular gains for radio TV and distillers while cotton weakens on liquidation. Chicago wheat closes steady after early weakness with mixed corn and slight gains in cattle as prices vary across sectors.
MENTIONED IN THIS ARTICLE
New York
Radio-Tv
Alana
Chicago
French Court Refuses Petain's Freedom Plea
Paris reports the French high court of justice rejected Marshal Philippe Petain's appeal to free him from his life sentence for collaboration with the Nazis in World War II.
MENTIONED IN THIS ARTICLE
Paris
French
High Court of Justice
Marshal Philippe Petain
Texas Cotton Output Falls Extra 500000 Bales by Dec 15
The War Department reports Texas ginning through December 15 totals 2,733,004 bales, about 500,000 fewer than the same period last year as of mid December. Ginnings show a 3,269,110 bale tally at this time last year.
MENTIONED IN THIS ARTICLE
Texas
Mark Washington
Waa
Grains Show Mixed Move After Early Jitters
Reports indicate grains recovered from early volatility as futures steadied. Corn and soybeans fluctuated while oats and wheat held gains, with prices reflecting broader price controls and parity concerns.
Henry Fonda and Susan Blanchard Secret Wedding Plans
Hollywood sources disclose actor Henry Fonda and Susan Blanchard plan a New York ceremony on December 28 despite Fonda's recovery from surgery that halted his Broadway role in Mister Roberts. After a Bahamas honeymoon, he will return to the tour and continue recuperation.
MENTIONED IN THIS ARTICLE
Hollywood
INS
Henry Fonda
Susan Blanchard
Oscar Hammerstein
New York
Mister Roberts
Fonda
Bahamas
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New York Mart
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Monte Catallis i
Galveston
New Orienne
Aiss Bisseston Alves' Repens i
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Betteseter
Ras Rota
Ellison
Congress
Eed
Ark
NI Exchange
Great Ritain Pt
Great Britain
Britain
Iescudo
Bolivar
Stoc Nes
Aveo Mfg
Ewes Neues
Chrysea Asdites
Freeport
Sea, Motors
Soran Vo
Eusee Ou
Int Harvester
City Southern A An
Lockheed Aire
Kan
Os Onigom
BOND
Petain
Marshalis—Charrles FE
Wilson
Office of Defense Mobilization
Defense
George Marshall
Pentagon
Washington
Smeers
Tone Fame
Shaws
Rugged
Man
General Electric
Ronson
Af Jon
Remington
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