Cotton Futures Hover in Narrow Range on Week
New York cotton futures closed modestly lower after a three day week of trading. Prices eased about 10 to 20 cents per bale as traders eyed the Commodity Credit Corporation sale of up to 119000 bales of 1959 and prior crop cotton, a sharp rise from last sale and a net drop in government holdings.
MENTIONED IN THIS ARTICLE
New York
Commodity Credit Corp
Washington
Securities and Exchange Commission
Associated Press
American Stock Exchange
Continental Materials
U. S
New York Stock Exchange
U.S
Stock Market Waits For Vienna Meet
Uncertainty over the Kennedy Khruschev conference damped stocks for the week ending May 29. Cotton prices and exports showed declines while government and owned and controlled stocks stood around 2 275 000 bales. Export estimates for the period totaled 78 000 bales vs 86 000 previous week. Season totals near 6 330 000 bales.
MENTIONED IN THIS ARTICLE
Exchange Service Bureau
Cattle and Calf Prices Show Strength in Southern Markets
Southern hog prices rose as supply tightened while cattle and calves held steady to firm supported by higher wholesale beef. Georgia Florida Alabama prices moved higher. Chicago and Memphis values showed strength for slaughter steers and heifers. Vegetables, fruit, and tobacco market notes accompany the farm outlook.
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Atlanta
Agricultural Marketing Service
Georgia
Florida
Alabama
Louisville
Memphis
Montgomery
Nashville
Georgia-Florida-Alabamay
North Carolina
Chicago
Georiga
Mississippi
Virginia
del- Mar-Va
Southeast
Kentucky
South Carolina
I.o.b
U.S
Birmingham
Maryland
Grain Futures Trade Quiet Amid Small Gains
Chicago grain futures showed muted activity with prices mostly up. Wheat July rose to 1.86 1/4, corn July up 1 1/6, oats July up 0 to 5, rye July higher, soybeans July up 4 1/2 to 2.96 1/2. Memorial Day closures reduced pit volume.
Markets and Livestock Prices Report
Market notes show milling wheat No 2 at 1.70, No 3 Milo around 9.4, poultry at 0, soybeans at 62.55, cattle fairly active and steady with low utility cows 15.50-16.00, canner and cutter 13.00-16.00, shelly cows 9.00-12.00, cutter bulls 19.00, stockers scarce. hogs active 25-50 higher with No 1.3 190-240 lb at 16.50-16.75 and sows 11.50-13.50.
MENTIONED IN THIS ARTICLE
Standard
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