Salt Lake Telegram | 1936-12-17 | Page 25 | Cotton Market

Cotton Market NEW YORK TORK Dee Dec 17 C AP P Cotton ol coll CO br broke for net losses ot of 14 to 33 39 points Thursday un under er heavy general which bleh uncovered stop step orders order and d found demand limited Washington ticker report reports Indicating loan Joan hO eo cotton ton would be bt released shortly after atter ter th the holidays although apparently Unofficial influenced sentiment T The e technical poi J lion tion on was wa also weak and prices eased rap idly icily all positions from March forward below the 12 level Jevel M March declined from 1231 to n. n 1100 O IU Md and May from 1216 to 1180 4 Al these eo levels trade buying covering er an and J some c commission 1 to house demand ap ap- ap peered prices to recover about 4 to 20 Harod o points point from the low In March was sellIng at 1212 with prices generally 8 to 20 point points Ite net lower lawn Futures closed steady study 4 55 17 lower 10 1 High Low Last Las January 1 1227 1200 1216 Marco March 1199 May ilso g Italy w ul t t 1207 it 1185 I 1203 October 1163 1188 1 1152 5 1163 December t 1168 1163 1156 Spot Wo quitt 1 1275