Salt Lake Telegram | 1932-05-02 | Page 11 | Cotton Market

Cotton Market NEW V YORK May 2 AP AP After After breaking Into nto new low round ground for tho the movement UDder under uner un- un der er a II continuation of 01 the he heavy an selling and liquIdation which had been In progress at atThe atie atthe the ie close of last lut week cotton turned steadier urine Mondays Monday's trading trl Offerings tapered off on the decline to toJ 5 for May and for October o and the mid afternoon J market a tC showed rallies 1 of ih 9 S Sto to o 12 points from Croon the lowest loest on covering co and trade rode buying with May MIlY holding around and October or about 6 to 8 points net lower Futures closed firm 5 S to 10 points higher May MRY lay 5 5 e July October 5 S 9 94 ft December January March larch SPot quiet middling NEW EW NEy YORK May Moy 2 Cotton CAP AP Cotton futures closed lush Low Cis else dIe Prey CIse Ma lay fay 47 July uly S 5 48 5 68 J g t Oct J 5 86 Dee 6 00 DO DOJan Jan an a 6 08 March larch 63 6 05 6 34 NEW ORLEANS May 2 Cotton CAPI-Cotton AP Cotton futures futures fu- fu tures ures closed very steady at ot net gains of 5 S to tol l 1 points Low Peer else CIse May tRy IJ 6 cbs tre 11 5 July Uly July 56 6 5 5 I. I 59 fig Oct Sea Dec e 00 Jan Jon 6 03 March 6 07 6 27