Salt Lake Telegram | 1931-05-11 | Page 11 | Cotton

Cotton 41 4 f NEW YORK May 11 ii AP AP-An AP An early de decline de- de dine cline of approximately II 51 per bale In cotton Monday was attributed to realizing and scattered sellIng Inspired by relatively easy Liverpool cables Offerings were absorbed b by some further covering co or trade buying to fix prices however however how how- ever and after off to cents for July or 22 points net lower prices recovered bout half their loss on covering which fol- fol owed loved reports of a steadier tone In In- ties July sold UP to 1000 cents with th the market quiet and steady at net losses lowes of about 10 to 12 points Futures cloud closed 9 to 13 12 points lower hower low how er May Mar July October I December January March Spot quiet middling NEW ORLEANS Slay May 11 AP Cotton APi-Cotton Cotton futures closed steady at net declines of 7 to 9 points Previous Lox Low Clo Close Close May July 1003 1009 October 1038 10 1025 5 1033 1037 1044 December 1060 1080 1048 1057 1066 January 1067 1067 2067 March 1001 1080 1001 1091 b 1093 b b Bid NEW YORK May 11 Cotton API-Cotton Cotton futures coed closed Previous High low Close Cloae Co Close c May 74 1012 1983 July 1003 noo 1003 1047 October 1040 1026 1070 1030 December 1063 1048 1039 1059 1070 January 1071 10 1060 eo 1070 1082 March 1090 1077 1089 1101