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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 21, 1938
Page
9
New Orleans cotton futures open with gains of 30 to 50 cents per bale as July through May contracts rise to new highs. Exports reach 3,898 bales while spot cotton closes steady with moderate gains and strong demand from foreign buyers amid weather and textile activity. net advances of 4 to 7 points.
New York reports cotton futures rising as trade and foreign demand support prices. October moved from 8.58 to 8.65 and stood around 8.61 in midafternoon. futures closed 10 points higher. Weather, stronger textile demand, and a firm stock market contributed to the lift.
Liverpool reports 6 000 bales traded including 1 900 American with spot prices up 8 points. Quotations show American grades from strict good middling 5.59 to good ordinary 3.39. Futures closed 3-6 higher with July at 4.65, October 4.78, December 4.81, January 4.83, March 4.86, May 4.98.
In New York on June 21 bleachable cottonseed oil futures closed 6 to 9 points higher. Sales reached 195 contracts. July at 8.08, September 8.06B, October 8.05, December 8.02, January 8.03. B bid.
Sugar futures in New York moved little as covering and trade buying supported levels. September No 4 eased from 0.96 1 2 to 0.95 1 2 while No 3 held near 1 81, September back from 1 82 to 1 81 and March from 1 89 to 1 88. July 1.76 B, Sept 1.81 B, Jan 1.85 B, Mar 1.88 B. Sales total 9,500 tons.
Chicago June 21 Butter and eggs market brief notes firm creamery specials at 93 score with extras and firsts ranges. Egg prices steady with 15,452 receipts and local graded firsts at 19 3 4 cents, other prices unchanged.
Chicago dealers report poultry prices stable on June 21 with 44 trucks delivering. Hens over 5 pounds top at 1 2, Leghorn hens 14, Plymouth Rock broilers 17, Plymouth Rock fryers 17, Plymouth and White Rock springs 18 1 2, other prices unchanged.
Flood bulletin lists 24 hour stage readings for Camden Ohio Pittsburgh Cincinnati Chattanooga Cumberland Nashville Fort Smith Little Rock and other locations. It notes changes with values like 0.1 fall and 2.4 rise, indicating rising river levels in several areas.
Chicago market overview shows Wheat down with larger receipts anticipated. Corn relents to pressure from Wheat weakness. Cattle hold steady to soft while Hogs fall 10 to 25 cents, extending losses on thin demand.
In New York trading on June 21 stocks advanced with industrials up 1 to 3 points and some issues rising as much as 10. Dealers noted profit taking after a sharp Monday run, with turnover near 1.4 million shares, the strongest since March, and sentiment buoyed by easing selling and firmer demand.
Chicago grain notes show wheat prices moving higher on fears of heat damage to crops in the southwest, with July and September futures advancing early but finishing mixed. Corn prices opened steady to higher and closed slightly lower. The report also mentions Freiburg im Breisgau trout sold to households, kept in water and mashed with a potato masher.
Washington June 21 Morgenthau demands immediate adoption of his bank examination plan without Eccles approval within 48 hours. The plan liberalizes some rules and standardizes others while contending with the Reserve Board chief who says rules do not go far enough to loosen credit.
A writ of seizure and sale from the Fourth Judicial District Court of Ouachita Parish Louisiana directs the sale of a lot in Block 25 Laytons Second Addition Monroe. The parcel fronts Louise Anne Avenue 48.75 feet and runs 150 feet deep. Seized as the property of the estate of Henry Allen deceased.cash terms, no mortgage debt credit to highest bidder. Sheriff Milton Coverdale will conduct sale at the court house western front door Saturday July 23 1938. dupe notices dated July 21 27 and July 8 14 20 1938.
A son James Clarence Gewin was born June 13 at St Francis sanitarium to Clarence Gewin and Eva Jordan. The notice also covers a sheriff sale for Edmund Stevenson in Ouachita Parish with lot 2 of Brooks Add to Monroe and a marshal sale of household goods on June 29 1938.
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