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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 05, 1941
Page
6
USDA salable hogs active steady to higher with top bids around 60 and bulk near 49. Calves and cattle show limited beef availability, trade steady to weak, steers five to seven hundred pounds around 12.25, yearlings up to 12.56, heifers at 12.50, vealers about 11.40 to 12.30. River stages noted.
New Orleans December cotton futures advanced with prices closing 17 to 20 points higher amid steady trading. Spot cotton also rose 16 points. In New York markets, stocks were easy while cotton moved up, with sugar firm and commodities mixed across Chicago and Chicago futures.
New York trading opens with limited news leads and mixed signs as stocks drift lower after early activity. Bonds and commodities show weakness while cotton futures rise and grains firm marginally in Chicago trade amid fluctuating prices and light volume.
New York buyers and Wall Street support push cotton futures higher after a weak start. Dec contract climbs to 16.81 and May to 17.21 with late gains around 90 cents to 1.59 a bale, as optimism over the Japanese situation boosts demand while hedge activity diminishes.
In New Orleans on December futures trade for cottonseed oil remained steady. Prices showed Dec and Jan contracts around 12.7 to 12.8 cents per pound with a 12.7% mechanical reading and various bid levels noted for May and July months.
Sugar futures in New York rose slightly as negotiations over a Cuban purchase continued. March, May and July contracts showed fractional gains while raw and refined sugars held steady, with prices around 3.33 and 3.25 respectively. Trading volume reached about 8,400 tons amid ongoing market activity.
A Chicago notice outlines a potato grower’s shift to a new practice in North District area 2 with a focus on improved quarters and pricing signals. Details remain limited amid early-stage implementation.
Fragmentary notes indicate unsettled transactions and unchanged receipts and markers in Chicago markets. Unclear details point to mixed prices with no clear direction or totals available.
In Chicago on December 5 the poultry market shows varied live weight changes across breeds and sizes. Dressed poultry market remains unchanged as live birds adjust in weight categories from hens and roosters to ducks and geese with several breeds listed.
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