Market News Reports Slump in Cotton Futures
World market notes from New Orleans June 17 show July cotton futures at lower levels amid war news and profit taking. Spot cotton closed dull with no sales and lower middling prices across designated southern markets. Other markets in New York Chicago reflected general weakness with mixed bonds and commodities signals.
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New Orleans
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Stock market reels on wartime news and commodity shifts
U S stocks fell after news from France with leaders dropping sharply before recovering some losses as bonds surged. Wheat futures slid then steadied while aluminum and other commodities moved lower. several major companies like U S Steel and General Motors led the retreat.
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Livestock Prices Report From Chicago Market
Salable hogs 13 000 total 18 000 with top 5.35 and 270 300 lb hogs at 4.85 5.00. salable sheep 2 000 total 7 000 with early natives up to 10.85 and western natives around 4.25. salable cattle 5 000 and calves 1 200 with best steers steady to firs price range 8.75 10.50 and weighty steers up to 10.75. best fed heifers 10.00. sausage offerings up to 7.35. dealers steady to weak.
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U. S. Dept
New York Futures End Mixed on Old and New Contracts
Trading data shows Old contract values for July and October with highs and lows, while New contract details for July October and forward months are listed. Prices drift with scattered notes of turnover and off-market adjustments, and Middling spot remains at 10.89.
Spot cotton prices rise in Liverpool market
Liverpool reports spot cotton quiet with prices up 3 points. Quotations listed for American grades from strict good middling at 8.20 to strict good ordinary at 6.75, and low middling 7.20. Futures close unchanged to 6 lower with July at 7.03, Oct 6.86, Jan 6.74, May 6.64.
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Liverpool
Cottonseed Oil Prices Steady In New Orleans Trade
New Orleans June 17 steel Cottonseed oil closed steady with bleachable prime summer yellow at 5.95n and prime crude nominal. July 5.45b September 5.58b October 5.60b December 5.65b. b Bid n Nominal.
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New Orleans
New York Cottonseed Futures Close Lower on June 17
Bleachable cottonseed futures in New York closed 11 to 13 points lower with 113 contracts traded. July at 5.97 down 6.07, October 6.08b, December 6.12, January 6.15b.
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Potatoes Prices Mixed Across Regions In US Markets
Chicago reports show potato arrivals 272 on track 363 with total US shipments 199. Demand is moderate and market weak with wide price ranges by condition and region. California long white mostly 2.10 and 2.25 for No 1s, bliss and commercials around 2.20, Arkansas Oklahoma bliss No 1 at 1.60 to 1.65, North Carolina cobblers 1.70 to 2.00, Texas bliss 1.60 to 1.85, Alabama bliss 1.90 to 2.25, Louisiana bliss 1.60 to 1.90.
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Butter And Eggs Market Summary Chicago June 17
Butter prices steady at 1,033,581 pounds with 93 score creamery butter around 26 3 4 to 25 1 2. Eggs steady at 33,993 graded fresh, with local firsts and extras, listing various class prices and current receipts across storage and dirties.
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Chicago
Poultry Prices and Glass Use Compared Across Industries
Chicago June 17 reports poultry market figures with live weight ranges for hens broilers leghorn and other fowl, with prices listed for various breeds and sizes including ducks geese and turkeys. The note adds that plate glass consumption by the automobile industry exceeds that of the building industry.
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