Market Trends Shows Cotton Decline Amid Cautious Trade
New York June 1 There is renewed selling in the cotton market with early declines of 17 to 28 points. Active months eased to 46 to 3 points under prior close, with figures around 24.55 for July and 23.14 for October. Weather in the south and crop prospects fuel selling while war concerns prompt some liquidation of long positions. A New Orleans crop report pegs condition at 80 percent against official 95, noting labor shortages and possible acreage abandonment.
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New York Spot Cotton Prices Quiet at 29 Cents
New York June 1 spot cotton markets report quiet trading with middling grade at 29.00 cents per pound. Prices steady as buyers and sellers await futures cues.
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New York
New Orleans Cotton Dips on Anticipated Hear-There Report
Unfavorable news and expectations of a report Tuesday pressed cotton prices lower in early trading in New Orleans. Heavy selling reduced liquidity as Monday’s holiday loomed, with the market closing steady to net down about 37 to 51 points. January March July October December prices shown with minor declines.
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New Orleans
New Orleans Spot Cotton Prices Steady in June Trade
New Orleans spot cotton holds steady with sales of 738 bales and 1,500 arriving. Prices show low mid ling at 27.50, middling 30.00, good middling 31.25 as of June 1 in New Orleans.
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New Orleans
Cotton Seed Oil Market Quiet in New York
The cotton seed oil market closed quiet with no sales for June July and August 1950. No bids or deals reported as of the June 1 bulletin from New York.
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New York
Money Market Report Prompted by Mercantile Paper Data
New York money market notes show mercantile paper for four and six months at 6 percent with settling at 60 day bills 4.72 to 4.75. Demand and cable rates hover around 4.75 to 4.76 with bar silver at 99 1/2.
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Chicago Grain Shows Strength After Early Dip
Chicago June 1 corn firmed after an early downturn as light offerings and limited buying lifted prices. The market remained nervous with opening bids mixed, then rallied with July at 1.321-2 to 1.327-8 and oats gaining on exporter bidding rumors.
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Chicago
Clearing House Banks Hold Large Excess Reserves Drop
New York clearing house banks and trust companies report for the week ending June 1 that their actual excess reserves total 32,952,930 dollars, a drop of 9,010,10 dollars from the prior week.
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New York
Savanna h Naval Stores Market Report
Savannah June 1 Turpentine firm sales 2.60 receipts 227 shipments 105 stocks 22589 Rosin firm sales 988 receipts 65 shipments 773 stocks 90262 note B D EB F 7.50 G H I 7.55 7.75 M 7.85 N 8.00 WG 8.25 TW 8.50
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Chicago Livestock Hogs and Cattle Mixed Market Update
Chicago June 1 hogs steady to firm with bulk 16.20 to 16.60 for good to heavy. pigs 16.00 to 16.75. Cattle receipts about 1,000 with prices firm. Sheep receipts around 1,500 and trade slow.
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Chicago
Til e Walker Shifts to Athletics Upsetting League Ranks
Former Browns-Red Ox gardener Til e Walker makes a surprising move to the Athletics and begins to carve a place among American League outfielders, signaling a shift in his career trajectory.
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Stocks Slip Then Rally as War Tension Bares Markets
New York stocks opened lower amid war tension, edged back with hopeful French bulletin signals, and closed irregular. Marine preferred led gains and losses, while several rails and commodities recovered from early declines. volume about 300,000 shares with varied quotes across many issues.
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Train Schedule Update for Charlotte Parlor Car
Seaboard Air Line timetable shows Depart 3 45 P M with daily Charlotte Parlor Car. Steeper opened 10 00 P M for information call 178. Arrive 1 10 P M with 12 30 A M noted.
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Charlotte Steeper
Train Schedule Fragments for South North and Norfolk
Schedule fragment lists connection times and sleeper services among cities including Columbia Fayetteville New Bern Norfolk Augusta Atlanta Washington and Norfolk International Phone 160. Times include 5 45 A M 12 45 A M Sleeper to Columbia 7 45 A M Parlor Car to Norfolk 8 45 A M Fayetteville 3 05 P M New Bern 12 30 PAL 3 30 P M South and West 1 00 P M Sleepers to Augusta and Atlanta and 10 15 A L Sleepers to Washington Norfolk.
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