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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 27, 1939
Page
9
New Orleans spot and futures show gains with July and October contracts lifting amid intermarket demand. Prices across New York and Liverpool also firm, with July near 9.56 in New York and varied shifts in Liverpool and London futures reflecting steady activity and small liquidation.
In New York on June 27 cottonseed oil futures rose 5-5 with July at 39, Sept 6.58, Oct 6.65, Dec 6.76 and Jan 6. M bid levels. in New Orleans the market closed steady with prime summer yellow at 645 and prime crude at 5121-2537. July 601B, Sept 6158, Oct 6.20B, Dec 6.27B, Jan 6.33B bid.
U S Dept of Agriculture reports salable hogs around 13 000 with steady to strong tone surpassing Monday averages. Hogs 180-250 lbs mostly 7 00 to 7 28, larger weights down to 6 70 7 15. Cattle and calves about 6 000 and 1 200 with fed steers and yearlings steady. vealers steady. Sheep 1 000 with spring lambs 9 50 to 16 00 and native lambs 9 75 to 10 25. trading active and higher on spots.
U S Department of Agriculture notes moderate stock and good demand for potatoes. California long whites and southern Triumphs firm with slight price gains. Alabama Arkansas Oklahoma North Carolina listings show varied values for U S No 1 washed and cobblers, with decay noted on some lots.
New York traders drove world sugar futures to fresh highs amid London quota gains the strongest since 1930. July rose to 1.55 and May to 1.20 with internal raw sugar activity pushing forward. spot Cubas quoted 2.85, refined 445-450, sales 6,950 tons.
On June 27 city markets showed live poultry and fowls steady while chickens eased. Leghorn hens sold around 11, broilers Plym outh Rock and White Rock at 17 1 2, Leghorn broilers under 2 lbs at 14 1 2 to 16, colored springs 19, Plymouth Rock 21, White Rock 23, fivers 17, Plymouth Rock 18 1 2, White Rock 19 1 2, bareback chickens 14 to 16 with other prices unchanged.
Stocks irregular with select issues rising. bonds mixed as many corporates edge downward. Curb segments uneven yet specialties in demand. Foreign exchange steady with sterling edging higher. Cotton and sugar firm on buying and demand. coffee weaker on Brazilian market. Chicago wheat up on hedging. corn steady. cattle steady to 15 higher. hogs up 5 to 10 with top at 7.25.
Stocks edged higher at times and most gains were slim as Washington policy moves muddled sentiment. Trading was light with about 450000 shares changing hands while some industrial names held gains and others fell on uncertainty.
Wheat futures edged up about a cent as rains slowed winter wheat harvest. July oats and corn showed mixed moves with signals of higher prices in early Chicago trade.
Chicago market notes show butter at 4 1/2 cents, eggs steady at 15 1/2 cents, unsettled creamery prices 0, central carrots 223 4, other prices unchanged. No major shifts reported.
Hugh Davis used live snakes in a lecture for girl campers on rattlesnake bite response. A tourniquet was applied and poison sucked out as he quipped it let him practice his advice. One rattler cooperated too well during the demonstration. A separate notice describes a Monroe furniture sale under a writ of seizure and sale in Ouachita Parish on July 5 1939.
A local ad lists several used car models from 1930 to 1987 including Chevrolet, Plymouth, Ford, and Studebaker. Prices range from 265 to 595 dollars for town sedans, sedans, and a canopy express truck respectively.
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