Bonds Up as Market Shows Moderately Active Trade
New York reports show bonds steady to higher with gains in Liberty issues and rail bonds rallying after a weak performance last week. Time money firm at 6 percent as midwestern buyers and foreign exchange weakness influence markets and large issuers plan new bond offerings amid recent economic improvements.
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Washington Post
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Otto H. Kahn
Cotton market tumbles amid sharp decline in New York action
New York reports a steep cotton selloff with December contracts sliding from 32.20 to 39.90 while prices remain supported by active trade and covering. The general list closes 68 to 80 points lower, with October and December futures at 34.84 and 32. January and March bids shown. regional totals reference Houston Atlanta Dallas and other ports, reflecting widespread selling and mixed demand.
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New York
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