Foreign Picture Bolsters Cotton Futures Selling
Cotton futures moved in wide swings amid foreign situation nerves as United States intervention in the Far East boosted near term prices. Despite gains to 2.75 a bale intraday, markets closed with modest advances of 15 to 75 cents. traders awaited clearer guidance. Middling spot cotton averaged 33.78 cents a pound at Southern markets, up 55 points from the prior day.
MENTIONED IN THIS ARTICLE
New York
United States
Far East
New Orleans
Eans Cotton Namerleans
Ain
Spot Cotton Steady in Galveston Market
Galveston spot cotton closed steady with gains of 10 points. Prices ranged from good ordinary 24.55 to middling 33.55 with sales FOB 996.
MENTIONED IN THIS ARTICLE
Galveston
Market Stumbles To Its Feet After Terrific Mauling
New York June 27 AP The stock market recovered from one of its worst two day declines in 20 years as losses narrowed by close. Traders feared Korea War but selling abated as Truman’s Asia aid plan spurred cautious buying. Ticker tape delay at 12:14 pm showed heavy orders and late quotations.
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New York
Truman
Asia
Stock Exchange
Beth 4 Airways
Gut Freeport Suiph
Eis Gul
Houston
Int Harvester
Kan City
Ig Panhandle Paes
Phillips Penney
Cal
Sun
US Steel
West Union
Woolworth
Pew York
Igh
Indy Rail
Dow-Jones
D. D
St Louis SF
Tex Corp
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Mid
Alveston ‘ Sae
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Savannah
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Interior Movement
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Aine
Clostne
Mee
Grand Central Zone
Plaza Lexington Ave
Soth Sts
New York City
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John J. Woelfle
Mgr
Cid Ai
Gilbeys
London
Ational Distilless Products Corporation
N.Y
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Cuba
Philippine Islands
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Panama
Ala
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Seguin
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Ride Continental
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Westinghouse
Calcasieu
Calca
Sieu
Lavaca
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