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Monroe News Star in Monroe, Louisiana

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Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Aug 01, 1940

Page

9

Irregular Cotton Futures Trim Slight Loss at New Orleans

Cotton futures in New Orleans showed a narrow fluctuation with closing quotes up to a point higher or lower. Spot cotton closed quietly with no sales, while average middling prices across ten southern markets fell about one point to roughly 10.40 cents per pound.

New Orleans Southey

River stages and markets report from New York and Chicago

Stocks uneven with leaders narrow. Bonds mixed. Foreign exchange steady with sterling up. Cotton and sugar markets soft while copper slips. Wool weak. cattle and hogs rise, hogs top at 6.65. Wheat steady. corn easy.

New York Chicago

New York Stocks Mixed as Market Remains Light On Deals

Traders reported quiet activity with many leaders moving in a narrow range while some paper and steel issues gained modestly. Oil stocks lagged as investors weighed potential defense spending and European war fears.

Victor Eubank New York Paper Corporation Congress Washington Sears Roebuck Eveoaees Serve] Incorporated Shell Union Oj Eteyetees Simmons Pompeny Oebewaeses Skelly Ofeps Socony Southern Pacific Oor Southern Railway Bperry Corporative Enteecue Spiegel Incorporated Bene Standard Brands Sssceers PY Missouri Kansas Texas Montgomery Ward Nasth-Kelvinator Pencore Sud Nations Acme National Biscuit Ies Na Distilera Oni National Power& Light of Nations Steel Newport Industries New York Central Railroad North American Aviation North American Company Northern Pacific Kia Otis Elevator Ceceves Otis Stee Irene Owens-Alinois Glass Aac Packard Motor Pan-American Air Paramount Pictures Pathe Film Patino Mines Penney JC Pennsylvania Railroad Phelps Dodge Plymouth Oli Procter & Gambie Pullman Company Bare O8 Cy Cincesve Radio Corporation of America Reading Company Remington Rand Republic Steel Eeetens Reynolds Tobacco B Richfield Oi Sevecone Safeway Stores Sccesesaves Schenley Distillers Standard Oil California Isseee- Standard Oil Indiana New Jersey Stone & Webster Studebaker Corporation Swift & Company Syming-Gould W W Texas Corporation Texas Pacific Land & Tide Water R Oil Timken-Detroit Axle Transamerica Company Trans & West Air Underwood-Elliott Company Union Bag & Paper Prpere Union of Union Pacific United Air Lines United Corporation United Fruit Soos United Gas Imp United States Gypsum United States Rubber Vanadium Corporation Walworth Company Ward Baking B Pence Wesson Oil Snowdrift Western Union Telegraph Westinghouse Air Brake Nations Supply Proific Gas & Mene Phillips Petroleum Public Service Texas Gulf Sulphur Union Carbide United Aircraft United States Steel Esseee Warner Brothers Pictures Westinghouse el & Mfg White Motor Wilson & Company Sserenes Woolworth F W Seeees Yellowck

Monroe City Council Adopts Budget Ordinance 2782

The Monroe Louisiana City Council met with Mayor presiding and adopted Ordinance No. 2782 to establish the budget and expenditures for the fiscal year April 27 1940 to April 25 1941. The General Fund covers departments from General Government to Streets Parks and Recreation with specified salaries and line items. The measure requires vouchers signed by two council members and publication in the official journal for ten days.

City Monroe Louisiana Rodriguez Benoit Rodrigues Tidwell Finance & Utilities Commission Council A. D H. MH. Benoit William J. Worley State of Louisiana Parish of Ouachita Fourth District Court Court House Operty Natchitoches Road Ouachita Parish Green Haynes

Cotton futures drift in narrow trading amid weak demand

New York Aug 1 Cotton futures moved irregularly in a slow session with hedge selling and scattered liquidation from weak demand. Mill price fixing and New Orleans May absorption trimmed the downturn. Midday quotes held near unchanged with October 9.41 and December 9.27. closes varied little.

New York Nearbys New Orleans

Liverpool spot cotton prices fall in quiet market

Liverpool August 1 spot cotton eased with 4 point declines across grades. Quotes show American good middling 8.07, strict middling 7.92, middling 7.82, strict low middling 7.72, and lower for strict good ordinary 7.07, good ordinary 6.72, while futures closed 2 to 7 higher with Oct at 7.23, Jan 6.98, March 6.90.

Liverpool

Bleachable cottonseed oil futures close higher on Aug 1

In New York on August 1 cottonseed oil futures closed 1 to 3 higher with 34 contracts sold. September through March prices rose from 6.98 to 6.11 cents per pound as market showed steady demand for delayed months.

New Orleans New York

World sugar futures hit new low despite late recovery

New York futures fell to record lows as liquidity stayed thin. September dipped to 8 7 1 2 cents and 1941 September to 1 0 4 1 2. Domestic futures held steady with minor drops. refined prices eased to 4 0 4 3 5 cents in some markets.

New York Cubas

Potatoes Market Mixed as Arrivals Surface in Chicago Trade

USDA reports show 32 arrivals with 163 on track and total U S shipments at 198. Demand is light for good quality Cobblers and Russet Burbanks, while poor stock markets are weak across all varieties. Idaho Russet Burbanks fetch 1.85 to 1.95 per cwt and Idaho Bliss Triumphs 1.40 to 1.55.

Chicago USDA U. S Idaho

Chicago Market Report Butter and Eggs Steady on High Receipts

Chicago August 1 Butter receipts 1,099,507 back unchanged market steady. Eggs receipts 12,606 steady market unchanged.

Chicago

Grain prices steady in early Chicago trading

Chicago grain markets opened with prices broadly unchanged as traders awaited private crop reports. Wheat and corn moved within narrow ranges with September wheat at 75 3 4 to 76 5 8 and December wheat 76 5 8. Oats fell 3 8 to 3 4 as futures edged off.

Chicago

Chicago market notes on hogs cattle and sheep prices

Livestock totals show salable hogs 8 000 of 10 000, up 10-20 cents from Wednesday. Cattle 2 500, calves 800, fed cattle 15-25 higher with steers to 11.85 and heifers to 10.50. cutter cows and bulls mixed. Sheep 1 000, total 2 000, spring lambs 15-25 higher, natives 8.25 per head for small lots, fat sheep scarce and steady after gains.

Chicago USDA

Poultry Prices Steady in Chicago Trade

Poultry market report from Chicago shows live poultry via 38 trucks, firm prices for under four pounds, Plymouth Rock at 17 cents, geese young at 12, other prices unchanged.

Chicago

Local Social Notes From Hamburg and Surrounding Areas

Hamburg residents host and visit relatives across Arkansas and nearby towns. Guests include Eudora Wilcoxin in Hamburg hosted by his sons J J and Dean, with C D McMillan and J H Carlton hosting Maude Thompson in Lake Providence. Others vacationing or visiting include Howard Binns and daughter with W F Whitaker, Legis Cheairs visiting Memphis El Dorado and Norphilett, Jeannine Hall returning from Dumas, I B Collins visiting his sister D L Hall in Beaumont, and Bob Gray returning home to Enga ge after visiting his mother Hardy Kelles.

Bob Gray Enga ‘Ge Hardy Kelles

Willkie names four anti third term Democrats as core

Wendell Willkie recenty identified Lewis W. Douglas president of the Mutual Life Insurance Co and former director of budget under Roosevelt as one of four anti third term Democrats who could form a nucleus for defections to his camp.

Lewis W. Douglas The Mutual Life Insurance Co Roosevelt Wendell Willkie Willkie

Dyersburg Welcomes Visitors at Church Convention

In Dyersburg Tennessee a Negro woman greets attendees and describes the city as bounded by the Forked Deer river, the Mississippi, Kentucky bluegrass, and the rising sun. The piece also notes ragweed causes about 70 percent of hayfever cases.

Dyersburg Tenn Kentucky

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