This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 17, 1938
Page
13
Cotton prices edged higher amid trade demand and shorts covering. July to March contracts advanced 3 to 4 points, bolstered by favorable foreign markets and heavy rains in Texas. Mill takings week total 152,000 bales, exports 60,547. Spot cotton closed 4 points up, middling price 8.52 cents. Average middling across 10 southern markets 8.43 cents.
Cotton futures rallied as buyers abroad and in commission houses supported the market despite rains in the southwest. October eased to 8.33 from 8.41, with mid afternoon around 8.36, while other contracts posted 4 to 5 point gains. Spot prices remained steady at 8.43 middling.
Cotton trading in Liverpool on June 11 shows 16 000 bases with 2 000 American sold. Spot demand weaket but prices edged up by 10 points across grades from American strict good middling to good ordinary. Futures closed 6 to 8 higher with July at 450 and later contracts quoted from Oct to May.
New York markets show stocks easy while leaders lose rallying urge. Bonds mixed with rails pressured. Curb uneven but industrials in demand. Foreign exchange steady with slight dollar losses. Cotton higher on trade and foreign buying. sugar quiet. coffee steady with trade buying. Chicago wheat easy on increased arrivals southwest. corn higher due to wet weather. Cattle steady. hogs down 5 to 15.
New York stocks drifted into a cautious downturn after a faint early rally, with declines widening to fractions on many leaders. Transfers ran about 350 000 shares as rails and steel shares led losses, while foreign bonds and London demand for gold provided muted support amid inflation fears and possible summer carrier troubles.
In New Orleans on June 17, cottonseed oil closed steady with bleachable prime summer yellow at 7.60 nominal and prime crude at 6.37 1 2 to 6.62 1 2. July futures at 7.46b, September 7.44b, October 7.36b, December 7.35b, January 7.38b. Bid indicated.
Bleachable cottonseed oil futures finished 2 to 3 cents higher with 155 contracts traded. July at 7.94, September 7.93 to 7.94, October 7.87, December 7.85, and January 7.85.
New York sugar futures firmed after early irregularity as traders covered and commission houses bought. July No 4 rose from 95.5 to 98.5 cents, March at 99, Sept 3 at 1.82, with other months mixed and No 3 finishing 1/2 lower. Sales reached 2,450 tons. July 1.78b, Sept 1.81b, Jan 1.85b, March 1.88b.
Butter and eggs figures from Chicago dated June 17 show butter steady at 1,474,611 pounds with creamery firsts scoring 88 to 89. Standards centered at 25 to 25 1-4. Other prices unchanged. Eggs at 15,862 steady with storage packed firsts at 20 1-2 and other prices unchanged.
Chicago wheat futures opened higher on June 17 as Liverpool market reversal sparked buying. July rose to 80 1-4, September to 81 1-2, with corn and oats also up before closing mixed, July wheat at 78 5-8 to 3-4 and September 79 3-4 to 7-8.
Chicago livestock prices for hogs cattle and sheep show softer demand in some lines with top hogs at 9.25 and midweights 170-230 lbs at 9.00-9.20 while 280-325 lb hogs fetch 8.60-8.85. Cattle and calves mostly steady with best yearlings at 9.75, cutters 4.25-5.25, bulls weak. Sheep active with 3 000 direct lambs rising and natives up to 9.75 for Idaho spring lambs and good 8 8 9 lb ranges.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.