Cotton futures ease in quiet session at New Orleans and New York
In a very quiet market, New Orleans July cotton trades around 9.40 while other months slip a few points. The day sees steady or lower closes and spot prices drifting, with New York futures edging down and spot middling near 10.11 cents a pound at New Orleans markets.
MENTIONED IN THIS ARTICLE
New Orleans
SPOT
New York
Market Summary Slips as Stocks Ease and Commodities Move
New York stocks trade lower with leaders off in slow selling. Bonds irregular and trading quiet. Foreign exchange steady while allied monies hold. Sugar hedge selling and liquidation noted. Metals rise on zinc and scrap copper. Wool and Boston commission houses show firm buying. Chicago grains mixed with wheat steady, corn higher, hogs and cattle lower.
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New York
Wooltons
Boston
Commission House
Chicago
Wall Street Faces Slow Session Amid Bearish Tone
New York stock trading opened with cautious mood as war news drifted toward bearish. The day featured a light turnover with early volume the smallest for a full session since May 22 1953, while several leading issues and industrials, including General Motors and United Aircraft, showed mixed moves amid cautious sentiment and strong guidance from commodity and bond markets.
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New York
Victor Eubank
Paris
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Italy
Montgomery Ward
Sears Roebuck
American Smelting
du Pont
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Freeport Sulphur
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U. S. Steel
Bethlehem
Chrysler
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Douglas Aircraft
Anaconda
N. Y. Central
International Paper
Eastman Kodak
Humble Oil
Gulf Oil
Heyden Chemical and
Aluminum of America
Lake Shore
Creole Petroleum
Japan
Great Britain
Lake Superior
United States
Canadian
Upper Lake
Wheat and sugar futures quoted as market stalls in Chicago and New York
Grain prices in Chicago showed little change with a cautious stance awaiting war news and crop reports. Wheat and oats displayed narrow moves while corn and rye traded near steady levels amid light activity. New York sugar futures rose modestly on light buying, with refiners steady and No 3 and No 4 futures mixed.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool Futures Market Sees Active Trading
The Liverpool futures market stayed active with accumulating selling orders. Sellers fixed restricted prices as deliveries remained scheduled for July and October with quotes noted as 1.25 and 7.11 respectively.
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Liverpool
Livestock Markets Report at Chicago
U S Department data shows salable hogs 17 000, cattle 16 000, calves 2 000. Hogs opened 15-20 lower, bulk sales 10-15 lower with weights 180-350 lb. at 4.90-5.50, sows lower, vealers 9.50-10.50. Cattle and calves steady to lower, fed steers 11.00 early top, yearlings around 10.25, stock cattle scarce, Texas calves 11.50 down, heifers 9.00-10.25, cows steady, bulls mostly lower. Sheep 4 000, total 8 500, lambs slow to bid with early bids about 50 lower.
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Chicago
U. S. Dept
Texas
Poultry market report from Chicago trucks and weights
Chicago June 3 live poultry sale notes 36 trucks hens steady chickens easy with weights ranging from under 4 lbs to over 5 lbs. Leghorn hens 12 broilers 2 1 2 lbs and down colored Plymouth Rock White Rock listings for various weight classes and species including ducks geese and turkeys with toms hens values.
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Chicago
Plymouth Rock
White Rock
Springs
Cottonseed Oil Futures Steady in New Orleans Market
Cottonseed oil closed steady in New Orleans with bleachable prime summer yellow at 5.80 and primes around 5.48 to 5.62 for various delivery months. In New York, bleach able futures closed unchanged to 1 higher with July at 5.98 and January 6.11 for January delivery.
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New Orleans
New York
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