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Monroe News Star in Monroe, Louisiana

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Jun 21, 1937

Page

7

Cotton futures steady after shorts push market higher

In New Orleans on June 21 the cotton market opened slightly lower due to weak Liverpool cables and political tensions in France, then rallied as shorts bought amid nervousness. July 11.98, October 12.14, December 12.18, with closes up 8 to 10 points and exports at 4,574 bales.

New Orleans Liverpool Shorts Theo Keller C. T. Simmons Robert Guerriero Dixie Bedding Company O& Washington Hattye Levy Joe Gossett Nick Bruscato W. M. Greene MacCormick Deering Company DeSiard H. Ellis B. G. McHenry Sam Risher Groves Brown Royal Feed & Seed Company 14Th John Osterland Hilton Hazel Francis Adrangna Lucien Hughes Sheppard’s DeSiard Road Charles Hill H. L. Logan Leon Pantica Harry Taylor Natural Gas Company Harrison Street Sol Cahn R. G. Courtney Emmett Ramsey Jack Boyer Willard Battery Station Sixth and Grammont L Turner W. G. Garrett J. T. Tolson Roy Bannister Cascio W. J. Bynum Magnolia Station Jackson Julius Kaliski Helen Trotter Annie Benton W. G. Gladney Clark Jackson and Mulberry Georgia Boxley Henry Kaliski T. G. Easterling Shelby Hill Layton John G. Keller Mose Carter C. W. Naill Chas. Eichel Texas Avenue A. L. Peters J. L. Evans Jos. Cozine Jack Pratt Bob B. B.) Hale W. H Dennis Parker McComb Poland South Grand Street F. L Jones C. J. Adams C. C. Gillette E. M. Stringer Monroe Louisiana City of Arnold Bernstein

Wall Street driven cotton rally foreshadows gains

Active trading in New York on June 21 pushed cotton futures higher with October rising from 11.96 to 12.21 as wheat gains influenced sentiment. Midday prices showed Oct at 12.15 with spot middling at 12.55 and futures closing steady to higher across contracts.

New York Wall Street ceCe

Liverpool Cotton Prices and Futures Close Firm

Liverpool reported no receipts and a quiet spot market with prices down about 11 points. Quotations showed American cotton at strict good middling 7.68 and good ordinary 5.18, while futures closed firm with July at 6.76 and October at 6.79.

Liverpool

Cottonseed Oil Prices Steady in New Orleans and New York

Cottonseed oil markets closed steady in New Orleans with June to January futures listed from 8.60B to 9.16B, while New York futures rose 2 to 10 higher with July at 9.11B and December at 9.08B on 152 contracts traded.

New Orleans New York

Sugar futures ease as No 3 contracts drop on quota fears

Sugar futures retreated with increased liquidation and hedge selling in new crop positions amid fears of sugar quota discontinuation. July No 3 fell to 2.47, May to 2.42 or 2 points. No 1 September held near 12.21, May 13.2. Cotton closed steady with modest gains. overall market at 2 pm near the lows.

New York

Poultry prices at Chicago market detailed

Live poultry in Chicago on June 21 shows steady tonnage with bids by car and by truck. Hens over five pounds offered around 17 1 2, Leghorn hens 12, fryers colored and Plymouth Rock White Rock around 17 to 18, roosters 13, turkeys hens 15 toms 14, No 2 turkeys 13, ducks 4 1 2 pounds up 12 1 2, geese 9.

Chicago Plymouth White Rock Plymouth Rock

Markets Report Mixed Across Commodities and Stocks

New York stocks eased while steels showed resistance. Curb markets were steady with small moves. foreign exchange mixed as sterling rose. Cotton held steady and sugar softened amid uncertainty in quotas. Coffee firm with steady Brazilian markets. Chicago wheat advanced amid rust damage. corn rose on wheat. Cattle, grain, and hogs gained with top hog prices near 11.65.

New York Wall Street Chicago

Chicago grain futures rise after Europe stock drop and Italy demand

Wheat gains lead as 2,000,000 bushel drop in European wheat afloat stocks supports prices. July wheat opens 13-8 lower to 1-2 higher, closes 4 7-8 to 5 cents higher. corn also climbs modestly with July at 1.15 to 1.15 3-8, oats up 1-2 to 1 cent.

Chicago Europe Italy

Chicago hogs cattle and sheep market mixed results

Chicago wholesale livestock report shows hogs at 13 000 head with 6 000 direct, mostly 10 higher. top 11.65 and 200 300 lb cattle at 11.35 11.60. calves 2 000 active grain fed steers and heifers up to 25 higher with top 14.75 for weighty steers. vealers weak around 9.50. sheep 8 000 with native spring lambs 12.25 to city buyers and yard traders. slaughter ewes 2.50 4.50.

Chicago USDA

Potatoes on market report with mixed stocks and prices

Chicago traders list potato prices and market conditions for U S shipments. Washington Russet Burbanks and Bliss Triumphs feature among U S No 1 and No 2 grades with varied prices across states including California North Carolina Oklahoma Louisiana Arkansas Mississippi and Texas. Demand appears slow and supplies light while some regions report firm stocks.

Chicago USDA U. S California North Carolina Washington North Carolina Cobblers Bliss Oklahoma Cobblers Louisiana Bliss Arkansas Bliss Mississippi Texas Bliss

Butter And Eggs Prices From Chicago Market Report

Butter and eggs prices report from Chicago dated June 21 lists unsettled butter at 23 1 2 to 30 1 2 with grades including extras and firsts, and eggs steady at 19 to 23 4 with local extra firsts and graded firsts values, plus storage packed items and current receipts.

Chicago

Money Rates Steady Across Call and Commercial Paper

New York reports steady call money at 1 percent all day and prime commercial paper at 1 percent. Time loans hold at 60 to 90 days 11 4, 4 to 6 months 11 2 per cent, bankers acceptances unchanged with 30 days 1 2 7 16 and 60 to 90 days 9 16 1 2. Rediscount rate at the New York reserve bank sits at 1.5 percent.

New York N. Y. Reserve Bank

Daily Livestock Markets Hog and Cattle Prices Report

Hog market steady with top 9.85 and varied weights. Corn fed 180 to 250 lbs bring 9.35 to 9.85. 150 to 170 lbs 8.50 to 9.25. Sows 7.00 to 8.15. common 5.50 to 7.00. Pigs and sows 3.50 to 5.50. stags 6.00 to 8.00. Cattle steady. corn fed steers and heifers 6.00 to 7.50. beef cows 3.50 to 4.50. cutters 3.00 to 3.50. canners 2.00 to 2.75. Calves steady. top vealers 8.00. young calves 7.00 to 8.00. fair kinds 4.00 to 5.50.

C. I. Stafford & Sons Packing Co

Markets sour as strikes and politics weigh on trading

New York stocks fell in slow trading aided by hopes for a peaceful strike settlement and fears negotiations may drag on. Early gains faded with steel shares slipping, while Republic Steel signaled plant resumes. wheat jumped and the French political crisis kept brokers cautious.

Blum New York Republic Steel Corporation Republic Steel U. S. Steel Bethlehem Chrysler U. S. Rubber Deere Case Western Union Electric Power and Light Kennecott American Smelting General Electric du Pont Southern Pacific American Steel Foundries General Motors Goodyear Montgomery Ward Sears Roebuck Boeing Douglas Aircraft Consolidated Edison Anaconda Cerro de Pasco Chesapeake and Ohio Santa Fe New York Central Pennsylvania Northern Pacific

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