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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Monroe Morning World
Location
Monroe, Louisiana, United States of America
Date
Jun 02, 1935
Page
13
In New Orleans on June 1 price action showed cotton futures steady with gains of 20 to 31 points as reports of a potential silver price advance spurred buying. Silver futures closed near the day’s highs amid short covering and sentiment of a pivot higher. Spot cotton closed steady with a 20 point rise, receipts nil, stock 434,913.
Cotton cowered about half yesterday s break in late trading with gains in final figures. Oct futures climbed from 10.56 to 10.95 amid a sold out condition and improved long lines. Spot price remained steady at 11.55 with overall futures showing gains of 25 to 34 points.
Liverpool reports 10 000 bales chiefly American sold with spot quiet and prices down about twenty one points. Quotations show American and Middling grades with tight ranges and futures closing steady for July to May contracts.
New Orleans June 1 price report shows cottonseed oil closing easy with prime yellow at 9.75 to 9.79, prime crude around 9.00, and futures bids for July at 9.70, August 9.68, September 9.68, October 9.73 and December 9.45.
Bleach able cottonseed oil futures ended softer with July at 9.99, September 10.00 to 10.07, October 9.93, December 9.70 to 9.71. Sales totaled 153 contracts with a B bid.
New York June 1 relays irregular currency figures with Great Britain at 4.913-4 dollars and 60 day bills 4.905-8. France 6.60-2, Italy 8.22-2, and various countries listed with bid rates in dollars or local units. Notable pairs include Montreal and New York at 100.00 each.
Chicago June 1 Poultry live trucks hens and springs steady broilers and fryers weak hens 5 lbs land less 19 more than 5 lbs 181-2 Jeghorn hens 161-2 rock fryers 22 colored 21 rock springs 241-2 251-2 923 rock broilers 20-21 colored Heghorn 161-2-171-2 barebacks 18 roosters 14 turkeys 13-17 old ks 41-2 lbs up 15 small 14
Markets closed in New York marking the start of the summer schedule with Saturday closings for the coffee and sugar exchange. Early sessions moved to October 5, as usual.
A New York session rally in metals aided shares before closing irregularly as traders weighed the president’s NRA court decision. Transfers ran about 700,000 shares while grains fell to season lows in Chicago. Bonds and foreign currencies fluctuated. U S Smelting and Cerro De Pasco firmed.
Butter prices and grade receipts are listed with variations from creamery specials to standards, including carrot notes and storage firsts. A raccoon escaped from a trash can in Bluffton after being caught by Joe Heyward. Monterey fire chief William E. Parker reflects on 45 years with the city’s force.
New York stocks show irregular trading with metals leading. bonds and certain sectors weaken. Foreign exchange mixed. gold and currencies improve. Cotton rises with buying interest while sugar and coffee close for Saturday trading until October. Chicago wheat falls on political remarks. corn and cattle hold firm with top quotes near ten dollars.
Chicago grain prices tumble early with wheat and corn dropping, oats rise modestly, and cattle and hogs showing uneven but mostly steady to higher trends for the week. Wheat closes down 1 to 1 1/2 cents, July at 82 3/4, corn little changed, oats up 1/8 to 3/8, and provisions steady to a 25 cent drop. Cattle and calves see declines on red steers. top weighty steers around 13.50 and best yearlings at 12.85. sheep and lambs vary, hogs steady with top at about 10.00.
Chicago June 1 US potato market shows 70 on track with 765 shipments. Michigan round whites US No 1 0.65, Idaho Russets US No 1 1.35 to 1.55, new stock steady. Alabama Bliss Triumphs US No 1 1.60 to 1.65, Louisiana US No 1 1.25 to 1.55, Mississippi Bliss Triumphs US No 1 1.55 to 1.65.
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