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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 12, 1939
Page
15
New Orleans June 12 prices show cotton futures finishing down 10 to 12 points as traders weigh favorable weather and loan prospects. Spot cotton also dull. low middling 8.25, middling 8.40, good middling 9.95 with 453 receipts and 416 474 stored.
Futures for July to May show declines from 9 12 to 9 28 with open highs and lows listed. Prices drift lower across several contracts including October December and March with spot nominal middling at 9.99.
Cotton market reports no receipts with spot quietness and prices rising by four points. Quotations show American and English grades from strict good middling 6.50 to strict good ordinary 4.50, with futures finishing 2 points higher for July 506 to May 436 across the calendar.
In New Orleans on June 12 cottonseed oil finished steady. Bleachable prime summer yellow 650m, prime crude price 37 1 2 to 562 1 2, July 6 10b, Sept 6 28b, Oct 6 52b, Dec 6 40b, Jan 6 45b bid.
Agricultural market summary from Chicago on June 12 shows 11 000 salable hogs with demand fair to active and prices steady to five cents higher than Friday. Cattle numbers at 10 000 and calves at 1 900 with steady to strong tone, lighter weights more active. sheep and lambs also reported with spring lambs up as much as 15 cents. prices listed across weight classes and categories.
Chicago notes US potato shipments and prices across states with trends in quality and demand. California long whites and other varieties show mixed results. stock decay and heating reported. Conventions draw nearly 10 million attendees to hotels nationwide each year.
Chicago wheat and corn markets opened steady with modest declines as traders weighed recent five cent drops against favorable weekend crop weather. July wheat at 74 1 2 to 5 8 and September 75. corn dips with July at 50 1 4 and September 51 3 4 to 7 8. Oats down at 3 8 to 5 8.
New York June 12 reports a broad retreat with bonds in low spirits as U S governments join the setback. Curb and utilities decline while foreign exchange stays steady and cotton, sugar, and coffee soften amid selling. Chicago wheat declines while corn holds, hogs active with modest gains.
Stocks drifted lower with leaders down fractions while trading remained light. Dealers noted a trickle in activity and that a few positives appeared late in the session as General Motors labor tensions and Ward’s outlook were weighed against steadier sales hints and May shipments data.
Chicago price list shows live poultry values for hens chickens and broilers by breed and weight. Hens steady and chickens easy with various weight brackets for Leghorn Plymouth Rock White Rock and colored varieties. Ducks geese and turkeys also listed with weights and prices across multiple categories.
Butter prices steady at 156 530 pounds with various grade levels listed and 93 score noted. Eggs market steady at 31 819 cases with local grade levels and prices for extra firsts, firsts, and storage packed items in cents per dozen.
Oliver Byers 69 of Millhaven road died in a local hospital early Monday. Funeral at Peters Funeral chapel Monday at 5 p.m. with Rev. J F Lowry officiating. Interment Riverview Burial Park. Survived by wife and daughters Mrs Mary Wroten Tyler Tex Mrs Lucyle Ware Crossett Ark Miss Thelma Byers Miss Olive Byers brothers Edward Byers Kansas City MO R D Byers Oklahoma City OK and Carl Byers Colorado Springs CO Pallbearers named. Bernadette Tierney sister of Mrs Loretta French died at her home in Vicksburg Miss early Monday. Funeral in Vicksburg Tuesday morning.
Mrs. Jack Clement lies awaiting sentence after conviction for conspiracy with intent to murder her husband in Houma Louisiana. Judge R B Butler Sr deferred the sentence to tomorrow. State witness Vincent Billelo testified Clement paid him 50 dollars to carry out the husband’s murder.
The Roosevelts bid farewell as King George and Queen Elizabeth depart Hyde Park for Canada. The royal train stops briefly at Rensselaer before crossing into New York toward Halifax. The couple plan to sail Thursday, with a return to London on June 22, and a formal gratitude message to the United States government is expected.
The report notes German accusations against a Polish official amid Britain France and Russia seeking a mutual defense pact. It details envoy William Strang heading to Moscow to push a new security formula balancing Baltic guarantees and neutrality fears.
CAPTAIN JOHN SMUTS 66 widower of May Yohe actress once owner of the Hope diamond and nephew of Jan Smuts. Horace D. Rickard 67 Syracuse public school principal since 1920 and father of the national school safety patrol system. James Boyle 85 secretary to President McKinley and former American consul at Liverpool, England.
President Roosevelt at West Point urges balance of peace and preparedness. He notes the machine age drives military modernization, while stressing that courage, intelligence, and morale remain essential in armed forces. He speaks to the graduating class as diplomas are awarded.
Everett Massachusetts confirms Charles H. Jewell aged 73 who served as bell ringer at Boston's Old North Church for 56 years. He dedicated decades to guiding Westminster parish and historic ceremonies until his passing.
Hartford native John M Henry aged 75 noted for coaching his baseball apprenticeship with Connie Mack on the Hartford team in 1886 and later playing for the New York Giants. The piece also recalls Jeremiah Rusk’s 1880s slang and cites Mrs Clement’s 1938 robbery case defense by attorneys calling it simple robbery.
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