Cotton closes lower in quiet New York trading
Cotton futures eased as May transfers totaled 91 notices in New York. A leading spot firm moved about 8 000 bales of nygh oil against July 1950 deliveries and sold about 1 000 bales of May futures. Weather bureau notes mixed effects with sun aiding mid belt growth and rains delaying progress in the lower belt, with replanting likely in some areas.
MENTIONED IN THIS ARTICLE
New York
Apelle
Commission House
New Orleans
Rys
Railroad Stocks Drive Market To Four Year High
Rail stock gains helped lift the market to a new four year peak on May 16. The Associated Press index rose, with most advances small, led by Trailways and spreading to autos, steel, equipment and airlines. The day saw the Associated Press average up six tenths to 78.1, highest since July 1948.
MENTIONED IN THIS ARTICLE
New York
Youme
Leendeys
Associated Press
Wheat and Oats Hit New Peak Amid Soybean Slump
On May 16 at the Chicago Board, wheat and oats reached seasonal highs while soybeans declined on liquidation. Nearby corn and rye eased, and soybeans fell several cents as feed grains remained firm. Fort Worth cash bids showed mixed grain prices with No. 1 hard wheat around $2.42-2.41 per bushel and No. 2 white oats near $0.61-0.68.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Fort Worth
Grain and Cotton Exchange
Texas
Texasports
Ourenee
Rake Nownal
Cattle and hog market notes from Chicago and St Louis
Livestock markets show mixed activity with calves and yearlings steady to firm while hogs ease slightly. Reports indicate cattle and calf prices broadly steady with some declines in lower grades, and sheep and lambs trending weak to steady with moderate demand across major regions.
MENTIONED IN THIS ARTICLE
Cannes
Iea
New Orleans Cotton Prices Rise on Trade Buying
Cotton futures advance with steady closing prices as May and July contracts show gains. Market reports note higher middling spot prices and daily averages, with grain and futures data from Chicago and Kansas City interleaved in the same column.
MENTIONED IN THIS ARTICLE
Galveston
May
New Orleans
Orleans
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Charleston Et Sd
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Nalutral Spirits
Kentucky Whiskey—A Blend
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Kan City South
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eBeryire
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Southwest
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THE
Lennox Furnace Company
P.O. Box
Fort Worth, Texas
Mercury
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Howard Kuhlman
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