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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

Jun 13, 1940

Page

11

World market and cotton futures from New Orleans and New York

June reports show nervous oil futures and steady closings while cotton futures eased after early firmness. Prices in New Orleans spot markets quoted middling around 10.94 cents per pound with receipts and stock tallied. New York futures fell modestly as Liverpool selling and hedging weighed on sentiment.

New Orleans

Wall Street Dips as European War Fears Darken Trading

New York stocks slipped as European conflict jitters shadowed trading on June 13 07 with declines for leaders and mixed moves across industries amid war fears. Wheat and corn fell to contract minimums while bonds and commodities showed mixed signals and trading volume neared 900000 shares.

Wheat prices fall as war developments unsettled markets

Chicago grain markets opened with wheat 1 4 to 1 8 lower as war developments unsettled the market. July wheat near 81 1 2, September 82, with further declines after early trading. Corn mixed, July near 63, September 62 1 8 to 1 4. All prices ended near daily lows others at minimums with oats and rye mixed or down. Butter and eggs steady in Chicago. Sugar futures turned reactionary in New York with July around 1.21 1 2 and September 11 1 2, while domestic futures drifted lower to mixed.

New York Eegrahd Elling Chicago Europe Paris United States Steel Bethlehem Chrysler General Motors Douslay Aircraft Lockheed Anaconda West Washington United States Philippines

Liverpool Allows Cotton Trading With Daily Limits

Directors of the cotton association said American cotton trading would begin today with daily limits of 25 Liverpool points up or down. Fixed minimum prices for subsequent sessions align with May 17 closing values: July 7.00, Oct 7.86, Dec 6.76, Jan 6.74, Mar 6.69, May 6.64. Spot cotton rose 4 points in fair demand, with grades listed. futures closed mixed.

Liverpool The Cotton Association

Cottonseed Oil Futures Steady in New Orleans Trade

Cottonseed oil markets in New Orleans closed steady with July at 5.43 dollars per barrel for crude and 6.00 for bleachable prime summer. In New York, bleachable futures ended 29 to 30 points lower with July at 5.95, September 6.05, October 6.08, December 6.10, January 6.11.

New Orleans New York

Potatoes Market Report Chicago June 13

Potatoes arrivals 114 on track 244 new stock supplies moderate demand fair. California Long Whites market steady early morning. Southern Triumphs slightly stronger late morning. U S No 1 washed and U S Commercials varied with some decay and high spot prices.

Chicago U. S California Bliss Triumphs North Carolina Cobblers Mississippi Alabama Louisiana Bliss Triumphs

Fragmentary Want Ad Notes From The Paper

A fragmented OCR note shows stray letters and phrases like want ad day results and ad related terms. The readable bits are minimal and unclear. The text lacks coherent events or named entities to summarize a concrete news item.

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