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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Feb 06, 1968
Page
17
New York stocks extended declines on light trading as investors remained cautious over Asian tensions. Volume fell to 8.98 million shares, the smallest since shortened sessions began two weeks earlier, with gains early in the day fading as Korea and Vietnam concerns weighed on sentiment.
New York cotton futures closed lower amid slow spot activity and softer prices. March contracts weakened as traders cut holdings ahead of first notice for February, with the certificated stock around 100 000 bales. Midpoint spot cotton fell to 22.09 cents per pound, a new seasonal low from December.
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