Salt Lake Telegram | 1932-05-31 | Page 14 | Cotton Market

Cotton Market NEW YORK May 31 1 A Cotton Aft Cotton A-Cotton broke Into nto new nw low for the ta season on Monday under heavy liquidation I Ug with July contracts r selling f rl off to 5 30 or 2 points I b below the I previous bottom prices touched b by May and October 1931 contracts contract earlier ealer In the sea sea- son Ion Easiness of the stock and grain markets market and an sri unfavorable unfavorable view of the and nd German political news were wee said uld to have brought out Increased pressure presure with the market maket encountering stop atop orders order on the de- de dine Prices at around 2 P. P m. m were ero a ahe at atthe attl tl he the lows for July at at and December a at 69 or 21 to w 23 points net lower In the themore themore themore more active positions Futures closed barely steady 2129 lowr low- low er r July barey October December January Januar 5 March May 3 33 spot quiet middling NEW ORLEANS May Ma 31 AP Cotton AP-Cotton otton AP-otton Cotton futures closed barely steady at net declines of ot 27 7 1 to 30 points Prey Prevo Hish Low Lw Clo Close e. e Clo Close Cloe e July July 1 October 55 December 5 52 l January 59 b March 5 82 NEW NW YORK May 31 AP AP Cotton Cotton fu futures fu- fu tures closes close Prey Prevo cose HUh Hish Low Lw Close Close Jul July 55 October 51 57 57 December 59 January Januar 50 6 5 71 59 March 60 58 58 61 May May 08