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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Sep 22, 1973
Page
7
Mike Stevens explains common futures market terms, clarifying definitions and usage in trading, delivery, hedging, and price movement. The glossary notes it is tentative and not a legal guide, focusing on reader understanding of market reporting terms.
Harlingen cotton classing office released its final season quality report. J N Brevard of the USDA reports 170100 samples classed for the week ending Friday, 20,900 in the week, with eight percent of the crop downgraded for bark or grass. Staple lengths and grade distributions mirror last season, and prices ranged with preseason contracts around 35 to 36 cents per pound, with free cotton reaching 60 to 80 cents. Brevard thanks readers and invites improvements.
Bulgarian President Todor Zhivrov and party chief will visit Austria from October 9 to 13 at the invitation of President Franz Jonas. The trip follows Jonas’s visit to Bulgaria three years earlier and serves to strengthen bilateral ties.
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