Market Better But Not Enough For Brokers Retirement
Market strength in New York stocks edged higher on Thursday with some new 1949 highs but gains were fractional and failed to renew optimism for brokers planning early retirement. The Associated Press average rose slightly amid mixed chatter on notable issues and corporate news.
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Magnavcx
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Machine Rubber
Spot Cotton Prices in Galveston Trade
Galveston spot cotton closed steady with gains across grades. Quotations range from good ordinary 20.25 to strict good middling 33.10, with low middling 26.50 and sales reported FOB 655. Continuous market data from March 17 AP report.
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Galveston
Cattle and hog markets steady amid receipts in San Antonio
Cattle and hog receipts held steady with cattle classes and small stocker calves showing stable prices. Slaughter steers and yearlings were scarce while common and medium cows sold 17 to 20 dollars. hogs were moderately active with good to choice butchers at 21 dollars, sows 17 to 17.50, feeder pigs 19. Sheep and goats receipts were light, with shorn wethers 13 to 14 and kids 4 to 5 per head. Averages for cotton in New Orleans rose 90 cents a bale to 32.68 cents per pound.
MENTIONED IN THIS ARTICLE
Chicago
Fort Worth
San Antonio
New York Wool Prices Slip Amid Liquidation Pressures
Wool tops and futures weakened on Thursday amid liquidation and hedging after Boston reports of cape wool prices in South Africa dropping as much as 10 percent. Estimated sales reached 1,000,000 pounds for tops and 600,000 for futures with varied closes and several contracts listed.
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