New York Cottonseed Oil Prices Reported
Market notes list price quotes with multiple figures including 5.39 and 9.86 while flakes of garbled text hint at bid offers and volume of 11 400.
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Newspaper
Dothan Eagle
Location
Dothan, Alabama, United States of America
Date
Feb 27, 1930
Page
3
Market notes list price quotes with multiple figures including 5.39 and 9.86 while flakes of garbled text hint at bid offers and volume of 11 400.
Cotton futures in New Orleans opened steady with January 18 at 1. dia half. March 14.82, May 12.07, October 48.04, December 15.10. Prices reflect modest early trading as markets start the session.
A fragment describes a fire incident at a residence involving Jones and his family. Only a few shingles were claimed as property damage while the fire department headquarters were referenced in relation to the event.
The Liverpool spot market shows prices lower across grades with American good middling at 9.25 and strict middling around 8.65. Futures linger near 8.11 for May, with receipts totaling about 1900 American bales and no sale dates listed.
Butter receipts total 6 466 dollars with prices unsettled. Eggs show varied receipts including extra firsts graded firsts and ordinary firsts across several price points. Reports indicate market fluctuations and uncertain guidance on future demand.
New York market reports coffee futures steady as demand remains light with Rio and Santos prices noted. Rio futures show March to December contracts trading steady with several listed months and approximate volume around 6,000 bags. sugar futures close steady at New York with March through January contracts quoted and total sales about 79,500 tons.
Spot cotton in New Orleans on February 27 closed steady, advancing 27 points. Sales reached 1,767 with low middling at 13.71 cents, middling 15.21, and good middling 15.86. Receipts totaled 3,577 and stocks stood at 478,693.
Money news from New York reports steady foreign exchanges on February 27 with Britain quoted at 4.85 11-16 dollars and 4.82 3-8 for day bills on banks. France shows 3.91 1-16 and cables 8.91 1-8. Italy lists 5.23 1-8 and cables 5.24 1-8 for demand and cables respectively.
Chicago market notes dull trading with U S shipments at 657 cars and 95 on track. Wisconsin sacked round whites quoted 2.35 to 2.50, Minnesota 2.30 to 2.35, Idaho sacked russets 2.90 to 3.20, mostly 3.00 to 3.10, reflecting soft demand.
Cotton futures in New Orleans closed with a net advance of 22 to 25 points amid a volatile day. May and July contracts fluctuated with early losses offset by late short covering as wheat gains supported the market.
New York cotton markets opened steady with March at 14.95 cents, May 15.25, July 15.40, October 15.70, and December 15.90 cents per pound, reflecting early trading mood.
Cotton opened steady as near month liquidation eased and March slid to 14.90 amid selling pressure. By late morning prices held near yesterday’s close with May to October futures up to 15.37 to 15.82 as Liverpool and Bombay demand supported a generally firm, trade‑driven session.
Cottonseed oil opened steady in New Orleans with bids for contracts listed including March 7.85, May 5.10, June 8.20, July 8.30, August 8.95, September 8.45 and October 8.90.
Wheat No. 2 hard 1 18, No. 1 mixed 1.05, Corn No. 3 2 mixed 79, No. 4 white 0 0. Oats No. 3 white 42 43, No. 4 white 42. Rye No. 2 77 1 2 8 Barley quotable 58 65. Timothy seed 5.40 6.35, Clover seed 10 25 17 75.
Chicago livestock report shows hogs receipts 19 000 with 3 000 direct and prices up 15 to 25 cents. top 11.50. Cattle receipts 6 090 and calves 2 500 with mixed strength and weakness across fat lambs and sheep. best fat lambs 10.00 to 10.25, ewes up to 16.50, cattle prices 7.25 to 15.75 depending on class.
City Auditor Vaughn announces contraction crews started a sanitary sewer line in an alley near Fullers' quarter and will begin laying water lines on Monday as storm sewer extensions. The project totals about 22 000 dollars with around 20 men employed.
A house at 2905 Pilcher Street owned by C. W. Tindell sustained slight damage from a spark from a chimney around 16 oclock today. The incident was reported to authorities.
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