Salt Lake Telegram | 1939-08-28 | Page 19 | Cotton Market

Cotton Market NEW NW YORK Aug 28 AP Cotton AP-Cotton Cotton futures future declined sharply Monday as active foreign and Wall Wal street liquidation disclosed only small smal support Trade and New Or Or leans Interests bought bought A further drop in irs sterling and the continued nervousness abroad were disturbing factors Late afternoon prices price were 9 to 16 Points pints down with October at cents off f off 16 and 16 and July at was wa off ott 9 Professional selling and southern southe dation carried prices to their lowest levels la In Il the last 10 minutes minute ther of trading Support Sup Sup- port came principally c from short covering and sc scale down E cr price lI fixing orders s Fin Final prices price were 20 0 0 to r High 24 points pointe Low lower Last Lut October October 8 34 8 38 December 8 37 8 17 8 21 January 8 21 8 04 8 05 March 8 S 16 8 98 8 00 May 8 01 7 86 7 88 JU July 7 86 6 7 70 Middling sP spot t 18 cents cent