Cotton Falls on Liquidation Tracks Market Slowdown
New Orleans market reports cotton futures declined under long liquidation fueled by favorable weather and larger private acreage estimates. Closing prices show mixed moves with July at 36.93 94, Oct 33.35 37, Dec 32.75 off, and spot cotton closing steady. New York stocks edged higher early, then pulled back, bonds rising. market overall near 21 month peak.
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New Orleans
Cotton futures steady after early decline in New York
New York June 9 Cotton futures closed mixed after brief easing and light trading. Gains faded as profit taking rose, with July 36.90, Oct 33.40, Dec 32.74. Market seen awaiting a $150,000,000 commodity fund and congressional foreign aid debate. Nearby months saw late-day gains before retreat.
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New York
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Congress
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Livestock market report from Chicago summary
Livestock prices in Chicago on June 9 show sable hogs totaling 16 000 head with top at 4.50 and most good and choice weights 170 to 240 pounds at 3.90 to 24.25. Cattle salable totals reach 10 000 with table calves 500. high choice 1173 pound steers top at 33.00, veral loads 37.25 to 37.50. Beef cows mostly 25.50 to 27.00, bulls steady near 29.00.
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Chicago
USDA
Wheat gains on Chicago Board. corn and oats rise
Millburg support lifts wheat on the Chicago Board of Trade as cash grain markets show modest gains. Wheat settles 3/4 to 1 1/8 higher at 2.29 7/8 to 2.30. corn up 1 to 8 higher with July at 2.19 3/4 to 5/8. oats up 1/8 to 5/8. July soybeans rise 4 cents to 4.26.
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Potatoes Prices and Shipments Reported in Chicago
Chicago June 9. USDA report shows arrivals 132, on track 208, total U. S. shipments 1,345. Arizona lis Triumphs priced at 5.50, California long whites 4.35 to 4.55, Pontiacs 5.85.
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Chicago
USDA
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Arizona
Drowning at Johnson Lumber pond near Calhoun
An unidentified African American boy drowned at Johnson Lumber Company's mill pond on Highway 80 near Calhoun shortly after 10:30 a.m. Wednesday. American Legion crewmen reached the site about an hour later but had not recovered the body by noon. Witnesses said the boy waded in to cool off and stepped into a hole, unable to swim.
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Johnson Lumber Company
Highway 80
Calhoun
American Legion
Poultry Prices Steady in Chicago Market
Chicago June 9 live poultry prices remain steady as receipts reach 34 trucks. No change in prices observed amid ongoing market activity.
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Chicago
Butter And Eggs Prices Stirred By Chicago Market
Butter nervous, receipts 794380, prices unchanged. Eggs unsettled, receipts 37139, prices...
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Chicago
Smoke policy bills pass house eye glass bill faces optics row
Institutions will run their own administrations and a state hospital board will oversee charity hospitals at Pineville Independence Lafayette and Bogalusa. The house also approved tighter optometry regulation drawing opposition over alleged eye glass sales monopoly.
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Independence
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House Committee On
Conference committee shakes allocations in Lower Mississippi plan
Mississippi and Louisiana fight over a 7.5 million package plus 500 thousand in additional conference items. The panel, after several sessions, reportedly trims several projects, keeps Lake Pontchartrain funding, and debates Jonesville's status as talks continue. Mississippi also pushes a 1.5 million item for the Tennessee Tom Bigbee waterway.
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Senate
Committee meeting backs civil rights program amid broad state support
A day-long executive session produced committee decisions announced at a news conference attended by Gibson Governor Laney former Gov. Frank Dixon and publisher J. O. Emmerich among officials from South Carolina Alabama Mississippi Louisiana Tennessee Arkansas and Texas. Dixon called Truman a dead duck while Wright and other regional leaders observed. More than 75 million Americans rely on public water systems.
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