Cotton futures hit seasonal highs before closing lower
New Orleans cotton futures rose to early seasonal highs by daybreak but fell back as long realising and hedge selling pulled prices down. Spot markets showed middling at 33.75 cents per pound with a 25 cent per bale decline, while wool markets in New York remained firm on tight raw stock and steady futures.
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Commission House
Stock Market Decline Ranks Second Sharpest This Year
New York June 5 AP The stock market posted its second sharpest drop of the year with an orderly sell-off that shaved several points from many leading issues. US Steel and General Motors were among the most active downers as the market narrowed to 1,177 issues with 787 down and 174 up.
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Cotton prices hold steady in Galveston market report
Spot cotton closed steady with declines of 10 points for several grades in Galveston on June 5. Prices ranged from good ordinary at 23.85 to strict middling 34.35 with road middling and middling fair at 34.45 and FOB sales totaling 1187.
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Galveston
Light Yearlings Hold Steady Amid Market Versus Upturn
SAN ANTONIO and FORT WORTH livestock markets show mixed results as light yearlings hold at 50 cents higher while calves, cattle, and hogs post modest gains. Slaughter steers remain scarce. stockers firm and sheep bids ease slightly amid slow spring lamb trade and variable feeder prices.
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Corn and Oats Hold in Weak Market on Monday
Chicago and Fort Worth grain reports show corn and oats steady amid broad cereals decline. Wheat mostly down while soybeans and lard slide, with export buying noted. cash grain receipts tallied for June shipments and regional prices posted across track and port points.
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Foreign exchange rates in New York June 5 1945
The New York market lists foreign exchange rates with Canada at 90.1 US cents per Canadian dollar and the pound at 2.80 dollars. Other listed rates include Belgium France 1.98 francs, Italy 0.001 percent per lira, Hong Kong dollar 17.55, Mexico 11.57, and Switzerland 23.22 francs per dollar, with various small fractional changes noted.
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Kansas City Star Publishes Century Edition
Newsboys and carriers recover after delivering the Kansas City Star centennial edition a 252 page special issue released Sunday in Kansas City. The milestone edition marks a century of the Star's publishing history.
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Kansas City
Kansas City Star
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