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Newspaper
Monroe Morning World
Location
Monroe, Louisiana, United States of America
Date
Jun 30, 1935
Page
16
New Orleans markets report a fringe of activity as July to January futures close within points of prior levels. July 11.79, October 11.60, December 11.47, and January 11.49 with 11,374 bales exported. government acreage report due July 8. Spot cotton closes steady with sales 1,194 bales and middling at 12.20.
New York cotton marks a subdued close as July sliding from 11.90 to 11.78 before a rally to 11.83. Futures end 3 to 6 points lower, spot middling at 12.15 and last quotes around 11.50 to 11.83 across months with mixed open and close readings.
Liverpool cotton market notes fair demand for 1,000 bales American and mixed lots. Spot quotations range from strict good middling 7.37 to strict good ordinary 6.32 with mids around 6.87 to 6.92. Futures closed quiet steady with July at 6.46 and later months near 6.05 to 6.15.
In New Orleans on June 23 bids held steady for prime summer yellow and prime crude animal cottonseed oil with July at 9.60 bid and September 9.72. In New York on June 29 futures closed irregular with July at 9.75 bid and October and December at 10.08.
Foreign exchange quotes show British pound at 4.94 3-8 dollars on cable and at 4.93 1-4 for bills. French franc demand 5-8, Italy 30, Germany 40.39, Holland 68.36, Norway 24.85, Sweden 25.50, Denmark 22.08, Finland 2.19, Switzerland 32.84, Spain 13.75, Portugal 450, Greece 943-4, Poland 19.1, Czechoslovakia 4.201-4, Yugoslavia 2:1, Austria 19.00N, Hungary 29.80N, Musnania 1.02, Argentina 32.95, Brazil 8.6, Tokyo 29.10, Shanghai 39.75, Hong Kong 55.50, Mexico City 27.90, Montreal 99.93 3-4, New York to Montreal 100.06 1-4.
Chicago June 29 USDA notes potatoes at 81 and 367 shipments total 663 old stock, supplies light and trading slow. Prices for various varieties include Michigan round whites at 0.50 to 0.70 per cwt, Russets at 1.25, California Tong whites 1.70, North Carolina cobblers 1.25 to 2.15 with some decay or heating noted.
The New York stock market closed the second quarter with a mildly cheerful tone as profit taking restrained advances. Trading was light with about 300,000 shares moved, utilities softening while metals and certain specialties rose. many issues barely changed and a treasury debt level near 28.7 billion drew little surprise.
New York reports mixed results with irregular stock movement and hesitant leaders. Bonds mixed, utilities down. Curbs easy, alcohols higher. Foreign exchanges quiet with narrow variations. Cotton steady, week end liquidation seen. Sugar and coffee closed. Chicago Wheat soft with some gains, not held. Corn uneven amid forecast rains. Cattle light run, hog prices steady around 9.70.
Chicago grain prices eased from yesterday's gains as wheat fell to about 84 3 4 to 85 for September and corn slipped to 7 6 5 to 7 8 for September. Oats and barley showed declines while provisions moved little, leaving markets mixed after early declines.
Cattle 400 with 100 calves on creeping market. fed steers and yearlings 25 cents higher. top steers 12.75. bulk 9.00-11.25. week average around 9.90. Sheep week ending steady with spring lambs up to 9.35. hogs 4,000 with direct sales steady. various weight ranges quoted from 8.60 to 9.70 and sows 7.25-8.50.
Chicago wholesale poultry prices for live stock show unsettled trading on June 29. Hens and leghorn hens range 12.5 to 16.5 cents per pound, broilers 14 to 18 cents, colored varieties about 17 cents, roosters around 13 cents, turkeys 12 to 16 cents, ducks and geese also listed with small gauge weights and price tiers.
Butter and eggs in Chicago trade on June 2 show steady prices. Butter runs 17,952 units with no price change. eggs at 16,829 and prices unchanged.
The Mississippi and tributaries show rising and falling flood stages at stations from Memphis to Baton Rouge and Natchez to Vicksburg. Water levels vary with each location reported, highlighting a broad regional flood pattern across Ohio to Tennessee and Arkansas.
Car values listed show the 1933 Plymouth Coupe priced at 535 dollars with successive reductions to 245 and 95 dollars across multiple trims and years.
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