Cotton market steadies amid mixed signals from Liverpool
Cotton opened steady with a slight decline then firmed as covering and buying by trade houses absorbed light offerings. July and October contracts showed modest gains while Liverpool reported scattered liquidation from favorable weather and hedge activity overseas.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Bombay
Manchester
China
Grain market dampened by farm program uncertainties
Chicago wheat prices fell as investors doubted future federal policy and possible withdrawal of the National Grain Stabilization Corp from the wheat market after surplus elimination. Corn and oats moved modestly, with provisions mixed, while peach crop forecasts in North Carolina showed a May 1 condition at 60 percent of a full crop.
MENTIONED IN THIS ARTICLE
Chicago
Federal Farm Board
National Grain Stabilization Corporation
Raleigh
North Carolina
United States Department of Agriculture
State Department of Agriculture
Poultry and Dairy Prices Reported in New York and Chicago
In Chicago May 27 poultry prices show alive stock 2 cars 50 trucks with fowls 21 22 12, broilers 30 33, roosters 14, turkeys 20, heavy ducks 15, springs 22, geese 12. In New York May 27 butter 27 215 steadier and cheese 384 058 steady.
MENTIONED IN THIS ARTICLE
Chicago
New York
Unsettled Day in Stocks as Rail and Farm Goods Fall
New York May 27 The stock market opened with renewed hopes for gains but failed to sustain the advance as railways and farm implement makers reported unfavorable news. Utilities led activity on hopes a major natural gas project by Missouri Kansas Pipe Line would boost sentiment and rumors persist of a holding company acquiring Niagara Hudson and Consolidated Gas for a possible merger. Early trading was brisk with 2 to 3 point gains in many issues before rail and farm equipment declines dampened confidence.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
AP Financial Facitor
New York
Missouri-Kansas Pipe Line
Niagara, Hudson and Consolidated Gas
Cotton opens modestly softer in New Orleans trading
Cotton futures in New Orleans start quietly with Liverpool cables weaker and favorable weather. July, October and December prices slip early before light buying and covering lift values. near the close, futures end steadier with small gains or losses and mixed daily moves.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
P.C
Chicago Livestock Prices Mixed Across Hogs Cattle Sheep
Hogs 30 000 head including 11 000 direct. Prices mostly steady to 10 lower with top 19.30 for 160 to 220 lb hogs. Cattle 5 500, calves 3 000 mostly steady to 25 higher. steers 1300 to 1500 lb 12.25 to 14.35, 1100 to 1300 lb 12.00 to 14.06, 850+ lb 8.00 to 12.50. Sheep 10 006 slow to strong. fat ewes 5.00 to 5.50, spring lambs 11.75 to 12.75, lambs 9.50 to 12.75 with various weights and grades listed.
MENTIONED IN THIS ARTICLE
Chicago
U.S
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