Cotton futures fall as Morgenthau stance weighs on market
New Orleans reports cot futures down amid loan announcement uncertainty and Morgenthau stance on selling government stock. Spot cotton closes steady but 29 points lower with sales of 503 bales and lower middling prices across southern markets.
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New Orleans
Cretary Morgenthau
Orleans
New York
Commission House
Southern
Morgenthau
Worth Street
Uures
Cottonseed Oil and Commodity Futures Roundup Across Cities
Market notes from New Orleans New York and Chicago show steady cottonseed oil prices with August contracts and nearby months. Sugar futures push to seasonal highs on demand and shipping uncertainties with notable gains in September and December contracts.
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New York
York
Gasoline sales rise as tanker transfers aid Britain
The report notes a transfer of U S tankers to Great Britain amid mixed market signals and rising gasoline sales in the east. Conservation officials expect sales to level off as motorists adjust to the campaign, with regional activity noting increases in some areas.
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Great Britain
Wheat Futures Ease After Profit Taking in Chicago Trading
In Chicago Aug 5 profit taking and hedging followed by late rallies left wheat futures largely steady to modestly higher for May contracts while nearbys showed small declines. Corn and oats edged lower with minor gains seen in late session. Poultry prices in Chicago also steady with mixed adjustments across hens broilers and ducks.
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Chicago
White Rock
Potatoes Market Report Averages Mixed Prices
In Chicago on August 5 the USDA notes arrivals 42, shipments 153, on track 186 with moderate supplies and light demand. Idaho Russets and Western Triumphs show firm quality while Cobblers stay steady. United States No. 1 prices range from 1.10 to 2.00 per unit across varieties and regions.
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Chicago
USDA
Nebraska
Colorado Bliss
United States
Idaho Russel Burbanks
Nebraska Bliss
Cobblers
Butter and Eggs Market Report Chicago August Fifth
Butter receipts reach 1,230,701 with firm creamery prices at 93 score and lower grades slipping to 89. Feeds show receipts of 15,139 with checks at 22 1-4 and other prices unchanged. Centralized carrots quoted at 34 1-2.
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Chicago
Ickes Watches Gasoline Sales For Conservation
Secretary Ickes monitors filling station hours and gasoline sales reports across 17 states and the District of Columbia to gauge if eastern motorists cut consumption as aimed. He cautioned that further drastic steps, potentially rationing, could follow if blackout results prove insufficient.
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Washington
Secretary of the Interior
Ickes
District of Columbia
Livestock Output Surges As War Demands Push Prices Higher
Franklin Mull reports from Chicago that domestic livestock is produced at emergency rates to meet wartime demand. Prices for milk, eggs, beef, and pork have risen 17 to 78 percent above a year ago, boosting farm income and farm asset values. Parity prices exceed legal ceilings, with butterfat, poultry, beef, veal, lambs, and wool above parity. Government purchases and rising consumer power drive the surge, lifting the value of hogs and cattle by substantial sums.
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Chicago
Charity gum machines aid nine underprivileged boys
In San Angelo Texas the Junior Chamber of Commerce placed 175 penny gum machines in the business district. The effort raised funds to provide milk food clothing medicine and medical care for nine needy school boys.
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Charity Chewing
San Angelo
Tex
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