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Newspaper
Dothan Eagle
Location
Dothan, Alabama, United States of America
Date
Jan 18, 1930
Page
3
In New Orleans on January 18, spot cotton closed four points lower. Sales reached 178 with low middling at 15.51, middling 17.01, good middling 17.66. recouped 2 650. stack stood at 513 626.
Jan 18 New York coffee market reports Rio No 7 at 105.8 and Santos No 4 at 15. Futures closed steady with March at 8.17 and May at BH 8.70. July 97.70 and Sept 7 765 figures indicate slight demand and trading activity.
Spot cotton showed limited demand with prices lower across grades. American mids ranged from strict low middling 9.18 to good middling 9.93, sales reached 2,000 bales, receipts 16,000 with 12,000 American. futures closed barely steady with near splits across months.
The page catalogs a vast array of radio programs across networks and local stations. Listings include orchestras, dances, comics Amos n Andy, and musical features with station calls such as WEAF WGY WNBC WABC and many others in different time slots across the United States.
New Orleans cotton futures opened steady with Jan at 16.89 and Mar around 17.15. Prices eased early on weak demand, then settled near a net decline of 4 to 6 points while late trading saw minor rallies on covering. Spot market remained quiet with middling at 17.35.
New York butter receipts 5 510 with creamery prices higher than extra 3614 38 and first 88 to 91. Egg receipts 12 064 with nearby values. Cheese steady with receipts 16 669. Prices listed for white and Pacific coast extra grades vary.
In New Orleans on January 18 the cottonseed oil market closed firm with firm sentiment for prime crude and summer grades. Prices listed for futures show crude at 7.25 and 727% for a range of months from January to September with steady gains into late summer.
Foreign exchange rates in New York dated January 18 show Great Britain at 4.86 percent for demand and 4.8613 16 for cables, 60 day bills at 4.829 16. France demand 3.92 percent with cables 3.92, Italy demand 5.23 with cables 5.2344.
Cottonseed futures closed firm in Memphis with bids at Jan 36.00, Mar 36.50, May 36.50, July 36.50. No sales. Cottonseed meal futures closed steady with bids Jan 35.25, May 34.90, May 35.00, July 35.15. Sales 1500 tons.
New York sugar prices drifted lower with raw sugar down 1 1/2 cents to 3.67 a bag duty paid. About 50,000 bags of Cuban sugar moved from stores to local refiners as raws stayed active within narrow limits. Refined bids held at 5.20 with second hands around 5.07 1/4 while refined activity remained quiet and steady.
A Chicago notice records firm receipt 4350 and butter creamery items including tubs and pattandards with fire and firsts and seconds numbers. The fragmented text lists 44 to 9414 and 32 to 33, indicating quantities or prices associated with the creamery products.
Chicago reports potato receipts 121 cars with 210 on track and 519 shipments dispatched. Subzero weather halts trading and leaves prices generally unchanged. In other news, Mr and Mrs J F Wisenant travel to Anniston to tend to Mrs Wisenant's seriously ill stepmother.
New York sources report cotton opening steady with declines of 6 to 10 points amid moderate liquidation and bearish Liverpool cables. Trade buys and-covering helped limit losses as March dipped to 17.29, while overall activity remained small and prices ended narrowly lower.
Chicago wheat climbed with force amid scarce export demand as the National Grain Corp bid 2c a bushel for country run wheat. Argentine prices closed 15-8c lower, signaling competition from the southern hemisphere. Wheat in Chicago finished unsettled 1-2c to 7-8c higher. corn and oats rose 1-4c to 1-2c, while provisions gained 5c to 12c.
Chicago January 18 grain prices show No 3 red wheat at 1.25 with sample grade 1.18, corn mixed No 2 and No 5 white at eight thirty four and onehalf, oats No 2 white 46 and 44 to 46, barley ranges 6 to 7, Timothy seed 5.40 to 6.35, cloverseed 10.75 to 18.25, lard 10.47, ribs 12.2 percent, bellies 15.00.
The stock market opened with declines of up to five points on leading issues before buying revived some losses. Fox Film Corporation faced a major drop amid a minority stockholders committee suit, while Radio stocks hit new lows before modest recovery. Several industrials including United States Steel and American Telephone saw sharp moves. total volume neared 4.3 million shares as trading closed steady.
Chicago live cattle receipts and price movements show declines across steers yearlings and fat cattle with weightier lots most affected. Sheep receipts reach 80,000 with lamb and dressed meat markets pressured by prior price drops. Hog offerings total 7,000 with prices soft and holdovers around 1,000 as direct trading remains active in many channels.
Johnson City reports a disputed shooting case where a man believed to be Cass Atkins, wounded two sheriffs and a deputy earlier, was found dead near his home after a pistol battle with ten deputies.
Montgomery Alabama January 18 AP Seth P B Storrs state commissioner of agriculture reported a letter of confirmation from the United States Department of Agriculture regarding the seizure of oranges aboard the steamer Jacques Cartier in the port of Mobile on December 6. The fruit was found to carry Mediterranean fruit flies and the notice was directed to Jd Robins Wood state inspector who traced the discovery of the pats by El Orl Sraseer director of foreign plant quarantine work. The fruit came from Spin sud.
Affected crew report indicates the entire lot was consumed and subsequently destroyed. No further details on location, cause, or responsible parties are provided in the readable text.
Cotton seed oil in New York closed steady with futures showing primes and months listed. Prices ranged from 8.40 for January to 9.48 for August, with notable sales totaling 10,800.
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