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Newspaper
Monroe Morning World
Location
Monroe, Louisiana, United States of America
Date
Jun 03, 1934
Page
15
The New Orleans cotton market opened firmer on better cables and buying orders, with July at 11.77 and December at 12.09 before retreating. Prices closed 7 to 10 points higher, with exports totaling 8,969 bales as spot cotton stayed steady amid modest gains and sector buying.
New York traders renewed buying in cotton with most gains 11 to 13 points. October futures peaked near 12.01 then settled 11.99, spot middling quoted at 11.95 as the market finished steady with varied intraday moves.
The New York market shows irregular foreign exchange with Britain at 5.06 1-2 dollars for demand and cables, 60 day bills 5.05 3-8. France 6.58 3-4, Italy 8.63 1-2, cables 8.63 1-2. Various nations listed with demand figures and cross rates.
Liverpool reports a quiet spot market with prices fifteen points higher. Quoted American grades show strict good middling at 7.01 and good ordinary at 5.51, with futures closing steady including July at 6.18 and Oct at 6.13.
In New Orleans on June 2 cottonseed oil closed steady with Prime summer yellow at 4.65 to 4.80, prime crude 4.00 to 4.25. Futures quoted June 4.75, July 4.80, September 4.97, October 5.06, and December 5.23.
New York markets report futures for bleachable cottonseed oil easing with spot unquoted. June 5.05b, July 5.18b, Aug 5.22b, Sept 5.40b, Oct 5.44b, Nov 5.48b, Dec 563-64. Sales 10 contracts. b-Bid.
New York stocks showed irregular early losses narrowing as bonds were mixed and trading remained dull. Curb markets eased with industrials and metals down while foreign exchanges held steady. Cotton steadied with higher cables and Wall Street buying. sugar and coffee closed. Chicago grains fell with wheat down on possible drought end. corn weak and cattle steady. hogs weakened up to 15 points.
Stocks held near the day’s lows with a modest late recovery after touching yearly highs. Transfers ran about 450000 shares as traders weighed a potential Toledo strike settlement and possible resolution of the textile talks against renewed grain selling amid rain forecasts.
A data rich clipping shows cotton price figures 1,048 and 2,812,100 alongside a Baltimore note about a musical family of six with an orchestra of ten instruments. The page lists numerous company names in a jumble of ads and industry references, including railways and manufacturers.
Chicago prices opened with mixed grain moves as July contracts fluctuated between gains and losses. Wheat tumbled while corn and oats fell later. In livestock, cattle prices rose to near 10.00 on top steers, hogs and lambs showed weakness versus Friday, with notable direct sales and weekly comparisons.
Chicago reports slow demand and trading for new stock with 967 total U S shipments. U S No 1 potatoes show varied prices across states including Triumphs Alabama 1.62 1-2-65 and Louisiana 1.60-1.70 while old stock holds steady with moderate supplies. Idaho russets No 1 fetch 1.45-1.55 and Wisconsin round whites 0.95-1.05 as market activity remains weak.
Chicago June 2. Live poultry prices show limited activity with 23 truckloads recorded. Hens and leghorn hens range 9 to 12 cents per pound, rock fryers 20 to 24, colored stock 20 to 23, roosters 1 to 2, turkeys 10 to 13, ducks 12 to 14, geese 9 to 13, and old stock 9 cents.
Butter prices at 17 008 units were about steady with no sales. Eggs at 24 516 units remained steady with no sales. Trading reported from Chicago on June 2.
Local newspaper classified section outlines rates for want ads with a 45 cent minimum and per line charges. It lists classifications alphabetically from legal notices to real estate and autos and explains telephone submission and accommodation accounts for customers.
TO FINDERS if you have young dog purse jewelry fur or any other article that is not advertised in today's News-Star or Morning World phone 4800 Classified Department An accurate index is maintained of all lost and found ads The service is free to advertisers Notice is hereby given that the Citizens Realty Company Inc has been dissolved and its affairs are being liquidated by Geo Gunby 513 Bernhardt Bldg Monroe La All lands and fish lakes owned by H M McGuire posited under penalty of the law.
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