World market news on cotton prices and commodities
Reports that price controls could limit domestic agricultural commodities spurred profit taking in cotton futures in New Orleans and New York. Closing prices slipped 5 to 14 points while spot cotton remained steady to up slightly. analysts noted price ceilings and weather reports as influencing factors.
MENTIONED IN THIS ARTICLE
New Orleans
OPACS
Longs
New York
Leon Henderson
Wil
Aircraft stocks lift New York market amid thin turnover
A rising movement among aircraft makers and several defense firms gave a steadier tone to trading in New York stocks. Turnover was light at about 400000 shares as major industrials and utilities showed mixed to modest gains throughout the session.
MENTIONED IN THIS ARTICLE
Ing
Cottonseed Oil Futures Dip in New York and New Orleans
In New York on June 25 cottonseed oil futures fell 2 to 15 points with 327 contracts traded. July at 12.55, September 12.28 to 12.29, October 12.16, December 12.03 and January 12.03. In New Orleans on June 3 prices held steady with bleach able prime summer yellow at 12.30 million and prime crude at 11 12 1 2. July 12 20, Sept 32 11 13, October 11.95, December 11.85, January 11.65.
MENTIONED IN THIS ARTICLE
New York
Chicago
New Orleans
World sugar futures rise on persistent covering
New York traders pushed world sugar futures higher as persistent covering met profit taking. July and September prices advanced with refined and raw values steady, while domestic futures also rose on scarce offerings.
Wheat price drift in tight Chicago grain trading
Wheat moved within a one cent band and closed with little net change after dipping earlier. July futures were 1.02 3 4 7 8, September 1 04 3 8 1 2. Corn and oats also posted fractional moves with oats down 1 4 to 1 8.
MENTIONED IN THIS ARTICLE
Chicago
Poultry Prices Steady in Chicago Market Report
Chicago traders report live poultry steady to firm with 86 trucks. Hens under 5 pounds down 21 1 2 cents, broilers 2 1 2 pounds and under down cents, colored birds 18 cents, White Leghorns Springs 4 pounds up, Plymouth Rock 19 to 22 cents, and other prices unchanged.
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Chicago
White Rock
Plymouth Rock
Snag Sinks River Boat Kills One Occupant Near Vauclose Landing
A Mississippi river snag rammed a cabin boat near Vauclose Landing east of Lake Village Arkansas sinking the craft and killing G. S. Jacks 22 of Stuart Mississippi who rode in the bow. Four other occupants survived by swimming to shore. Jacks worked for the US Engineers channel division at Greenville Mississippi. The body went to Stuart for burial. The report notes cotton fabric experiments in road construction in several southern states.
Notice Lost Certificates 73 and 136 For Delta Air Stock
Lost certificates numbers 73 and 136 for 80 and 16 shares of Delta Air Corporation owned by Bobby Manziel of Monroe Louisiana. Public warned not to purchase these certificates. Department of Revenue review of Ouachita Parish assessment June 25 to June 28 at Parish Court House Monroe. Beat Coverdale Assessor announces dates.
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Delta Air Corporation
Bobby Manziel
Division of
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Parish of
Ouachita
Monroe
Beat Coverdale
J. T. Shell
D. I. Garrett
Fourth Judicial District Court
Ouachita Parish
Louisiana
Board of Commissioners
Tensas Basin Levee
Rayville
Arkansas Levee
Morehouse
Caldwell
State Capitol
Baton Rouge
Arden B. Smith
Oak Grove
H. A. Mangham
Army officers must be good in field maneuvers this year
Washington reports that officers from generals to lieutenants must prove fitness in peacetime maneuvers. The War Department will weed out deadwood, favoring vigorous leadership for modern mechanized warfare and may retire or remove underperformers. Legislative steps may be needed for regular officers.
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Washington
War Department
National Guard
Washington weighs Britains loan for dollar exchange
Jesse Jones announced the Reconstruction Finance Corporation is studying a possible loan to the British government to provide dollar exchange for war supplies without forcing sale of American securities. No amount set, though reports mention several hundred million dollars. collateral would include direct investments and a wide diversification of U S corporations.
MENTIONED IN THIS ARTICLE
Washington
Jesse Jones
Jones
Reconstruction Finance Corporation
RFC
Furniture Industry Sees Big May Volume Surge
Grand Rapids Mich June 25 Pi An increased May business volume swamped furniture makers Seidman and Seidman report shows unfilled orders up 29 percent from April and 190 percent from May 1940 shipments rise three percent from April and 49 percent year over year but could not keep pace with orders delaying delivery dates.
MENTIONED IN THIS ARTICLE
Grand Rapids
Mich
Seidman
Furniture Industry
Time Out For Rhythm opens at Paramount
The Paramount presents Time Out For Rhythm featuring Rudy Vallee Ann Miller Rosemary Lane the 3 Stooges Allen Jenkins Glen Gray and his Casa Loma band and other screen stage and radio celebrities.
MENTIONED IN THIS ARTICLE
Paramount
Rudy Vallee
Ann Miller
Rosemary Lane
The
3 Stooges
Allen Jenkins
Glen Gray
Casa Loma Band
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