Cotton Futures Steady After Heavy Market Activity
New York reports show cotton futures closing modestly higher after heavier trading. Traders awaited government crop estimates due Sept 8, with private figures signaling potential 10 million bales. Spot markets in Galveston and New Orleans remained steady with modest gains as mills eyed prompt and forward deliveries. crop prospects hindered by weather and weevil damage.
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Bleachable cottonseed oil futures firm to lower on Sept 1
New York market reported bleachable cottonseed oil futures closing mixed with modest declines. September settled at 21.62, October 20.00, December 19.40, March 19.15, and July around 18.90 as traders weighed supply and demand.
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Feed grains take lead as wheat yields to rivals in market
In Chicago on Friday, feed grains led gains while wheat slipped. December and March corn and oats hit new highs, with deferred wheat firming yet September lagging. Soybeans weakened amid harvest expectations as frost damage in Canada affected oats. Major buying driven by a forecast of a 176,657,000 bushel crop.
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Chicago
C. M. Galvin
Galvin
Canada
Demand for Auto TV Shares Sparks Stock Market Rise
A surge in demand for automobile and television shares lifted trading on Friday after Chrysler announced a $3 dividend and the FCC signaled a color TV decision. Chrysler jumped to 72.25, with other motor stocks and radio television names advancing while CBS eased. The Associated Press index edged up, volume rose, and new highs outpaced new lows as rails and metals also showed gains.
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Livestock Mart Reports Poor Test of Demand in San Antonio
San Antonio livestock market reports poor testing of demand with small receipts. Cattle and calves show limited activity with few mid range prices for calves and stockers. Hogs and sheep trade uneven with scattered slaughter sales and weak demand across classes.
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San Antonio
Ealney
Ann
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