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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 27, 1938
Page
5
The latest trading session shows irregular stock activity with gains in some rail names and weakness in grains and hogs. Traders watch currency and commodity shifts as markets digest mixed earnings and macro signals while afterhours activity hints at cautious optimism.
Prime cottonseed meal futures closed steady in Memphis with 41 percent meal traders seeing July at 22.00, August 22.25, September 28.75, and February at 24.00. Sales volume noted as 4 with unclear additional details.
In New York, early gains amid firm markets and stock strength met profit taking as July and Oct contracts neared lower levels. Prices closed mixed with July around 8.78 to 8.86 in New Orleans, where liquidation trimmed early advances and many futures finished steady or down slightly from session highs.
Savannah reports Wiha turpentine sales receipts and stock figures with multiple price quotes and goods movements across June 27. New York raw sugar margins show quiet open with prices steady around 2.66 spots and uneven futures trading, refined sugar unchanged at 4.50.
Chicago cash grain quotes show No 1 red wheat at 7 74 to 7 80 per bushel with mixed and old crop varieties listed. Corn steady with No 1 mixed at 59 and No 1 yellow at 56. Oats and soybeans also move with No 3 yellow soybeans at 84 to 86 and barley feed around 35 to 32.
In New Orleans on June 27 the cottonseed market showed steady price signs with limited activity. Buyers and sellers reported muted trading and small shifts in futures bids for near term and upcoming contracts as the market awaited clearer demand signals.
Chicago butter and eggs prices noted for June 27 show 1,452.12 for butter and 93 score for creamery specials. The report lists extras, firsts, and grades with varied percentages and receipts, including references to fresh graded extras and current prices.
California speed ace Ted Horn, a three time Indianapolis rival and former national runner up, joins the field for Lakewood Park's July 4 race in Atlanta. Horn aims for the mile track and faces rivals including Chet Gardner Frankie Beeder and others as he seeks wins after a strong spring campaign.
Chicago June 27 market notes show heavier cattle and prime weighty steers reaching new highs at 4120. Hogs activity higher than week end but below Friday with 18 000 head traded and top hog prices around 9.15 per 100 pounds while light heifers yearlings and stockers stay firm. Sheep and lambs show slow demand with soft undertone and limited trading for clipped lambs and native ewes remaining weak.
Chicago poultry market report shows live hens across categories priced around 14 to 18 cents per pound with broilers and fryers near 16 to 19 cents. Turkeys hens 18 and toms 16 cents, ducks 14 cents, assorted breeds including leghorn Plymouth Rock and white rock reflected with mixed weights up to 5 pounds and larger.
Local students enrolled in all day and day unit classes total 64 with 35 in all day training. Supervised home projects reached 46 with 33 completed and net income of 615.24 dollars, projecting about 800.09 dollars after all tasks finish. FFA chapter had 29 members, won 150 dollars in competitions, and the program emphasizes learning by doing and farm business mindset.
University of Minnesota horticulturist J. D. Winter says carbon dioxide gas cooling improves raspberries by retarding mold, preventing sweating, and keeping berries firmer during shipment. The method, proven last year, will be used by Minnesota’s large raspberry grower group this season to avoid soggy, water bead effects.
The department announces that farming dairying and related subjects are prepared for use by the next cohort of students.
Johanna Hofman a former hairdresser aboard the Europa is held in 25000 bail as part of an alleged German spy ring. She and 17 others were indicted on charges of active espionage in the United States.
In Gdynia Polish sailors protest a government license fee of six for operating private radios aboard ships. They argue on shore time they use sets for Polish programs and at sea can tune in, but the government controlled radio company confiscated sets and fined owners aboard the Batory, a Polish liner between Gdynia and New York.
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