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| First Round Draft Pick History |
| 1 | 5 | 5 | 1939 | Annual Draft | OF | Barney | McCosky | MLB |
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| Complete Draft History |
| 1 | 5 | 5 | 1939 | Annual Draft | OF | Barney | McCosky | MLB |
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| 2 | 5 | 17 | 1939 | Annual Draft | P | Lou | Fette | MLB |
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| 3 | 5 | 29 | 1939 | Annual Draft | OF | Morrie | Arnovich | MLB |
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| 4 | 5 | 41 | 1939 | Annual Draft | P | Lee | Grissom | MLB |
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| 5 | 5 | 53 | 1939 | Annual Draft | 2B | Ray | Mack | MLB |
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| 6 | 5 | 65 | 1939 | Annual Draft | OF | Hersh | Martin | MLB |
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| 7 | 5 | 77 | 1939 | Annual Draft | SS | Don | Heffner | MLB |
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| 8 | 5 | 89 | 1939 | Annual Draft | 1B | Jack | Bolling | MLB |
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| 9 | 5 | 101 | 1939 | Annual Draft | OF | Harry | Craft | MLB |
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| 10 | 5 | 113 | 1939 | Annual Draft | P | George | Caster | MLB |
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| 11 | 5 | 125 | 1939 | Annual Draft | P | Alex | Carrasquel | MLB |
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| 12 | 5 | 137 | 1939 | Annual Draft | P | Bob | Harris | MLB |
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| 6 | 2 | 62 | 1938 | Annual Draft | OF | Hersh | Martin | MLB |
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| 7 | 2 | 74 | 1938 | Annual Draft | P | Roy | Henshaw | MLB |
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| 8 | 2 | 86 | 1938 | Annual Draft | OF | Harry | Craft | MLB |
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| 9 | 2 | 98 | 1938 | Annual Draft | P | Willis | Hudlin | MLB |
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| 10 | 2 | 110 | 1938 | Annual Draft | OF | Jimmy | Ripple | MLB |
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| 11 | 2 | 122 | 1938 | Annual Draft | C | Gilly | Campbell | MLB |
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| 12 | 2 | 134 | 1938 | Annual Draft | 2B | Boze | Berger | MLB |
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Hoboken Zephyrs (HZ), 1930 - 1938
