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Monroe News Star in Monroe, Louisiana

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Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Aug 06, 1934

Page

8

Cotton markets ease then rally ahead of crop report

New Orleans prices slid to 12.96 for October and 13.10 for December before a late rally driven by wheat and short covering. By afternoon, October reached 13.08 and December 13.22, with new highs near 13.10 and 13.24, closing up 3 to 4 points.Exports for the day totaled 21,265 bales. Spot cotton closed steady four points higher with middling at 13.06 and good middling 13.51.

New Orleans Liverpool Orleans

Cotton futures firm after covering amid modest demand

New York reports a midmorning dip followed by a rally as traders cover shorts and demand remains steady. December climbed from 13.11 to 13.24 while futures closed 2 to 6 points higher and spot middling at 13.20.

New York

cottonseed oil prices hold steady in New Orleans and New York

In New Orleans on August 6 prices for prime summer yellow cottonseed oil ranged 5.80 to 5.95 with various forward bids. In New York futures closed firm with current and near prices posted from 6.31 to 6.73, total 172 contracts traded including 30 switches.

New Orleans New York

Sugar futures ease slight as market steadies

New York reports light activity with September contracts dropping to 1.77 and December to 1.82 after early steadiness. Prices end the session unchanged to 1 point lower with 17 050 tons sold, and the forward quotes listed for Sept through July futures. A separate note mentions a new ink formula that cannot be erased from paper but can be washed from clothing.

New York

Railroad Airway And Motor Coach Schedule

Delta Airways schedule pages outline rail and air connections for travelers, listing routes and times. The notice preserves timetable details for intermodal transport, indicating how train and bus segments align with air departures.

Market Fluctuates Amid Inflation Hopes And Grain Strength

The New York stock market opened with limited enthusiasm as inflation fears tempered losses, with non-ferrous metals rising and grain prices surging. Major issues slipped early but recovered some ground as investors weighed Roosevelt’s remarks and the administration’s recovery plan against potential wage and worker impact.

New York Victor Eubank Wall Street Union Pacific Santa Fe U. S. Steel American Telephone Western Union Montgomery Ward Johns- Manville DuPont General Motors Chrysler U. S McIntyre Dome Roosevelt Breuth

Butter and Eggs Prices Across Chicago Market

Butter prices held steady with creamery specials at 93 score and extra firsts near 90 to 91. Eggs traded firmly at 6,433 total, with extra firsts around 19 for cars and local shipments about 18 to 18 1/2. no butter sales and no egg sales reported.

Chicago

Market Report: Mixed Stocks and Commodities Favorable Weather

New York notes irregular stocks with modest gains in metals, while bonds and rails decline. Foreign exchanges steady as German mark dips. cotton rises on hot western heat, grains firm. sugar quiet with liquidations. Chicago shows wheat strong, corn up on crop damage, cattle and hogs varying with feeds.

New York U.S Commission House Chicago

Irregular early grain trading and mixed livestock results in Chicago

In Chicago on Aug 6 grain markets showed unusual price swings with wheat starting 1-2 cents lower to up 2 1/4 cents, then fading. December wheat 1.06 1/2 to 1.09, later unsettled. Corn and oats rose modestly then fell. hogs, cattle, and sheep totals report active, strong to higher trades for hogs while cattle and lambs show mixed declines and gains across weight classes.

Chicago U. 5 S. Dept

Potatoes Prices and Shipments Reported Across States

U S Department of Agriculture notes show pota toes traded with modest demand and steady supplies. Wisconsin No 1 potatoes bring 1 70 to 1 85 per cwt while Idaho No 1 russets fetch around 1 60 to 1 75. Virginia and New Jersey cobblers carry 1 30 to 2 90 per bbl with some decay noted. Total U S shipments Saturday 372 Sunday 31. overall activity moderate.

Chicago U. S. Dept U. S Wisconsin Idaho U.S Idaho Russets Virginia Cobblers New Jersey Cobblers

Seizure and sale of Northwest dragline in Ouachita Parish

A writ of seizure and sale from the Fourth District Court directs sale at the Monroe courthouse steps on Saturday August 11 1934. Property seized in the case of Northwest Engineering Company versus Ayres and Graves includes a model 8 Northwest dragline with 48 inch boom and 300 gallon tank, serial No. 3851, owned by defendant Milton Coverdale as sheriff. A separate notice bids for West Monroe water works bonds up to August 14 1934 with bonds valued at 1875000 dollars at 5 percent interest payable semi annually, secured by mortgage and revenue pledges.

Shenipf Northwest Engineering Company No. Ayres & Graves Ed al State of Wisconsin City of West Monroe Louisiana Central Savings Bank & Trust Company Monroe Chemical Bank & Trust Company New York Ecity West Monros

Foreign exchange rates steady in New York

Foreign exchanges were steady in New York on August 6 with Great Britain quoted at 5.04 1-4 in both demand and cables and 60 day bills at 5.03 1-4. Other currencies and demands from Belgium to Hungary are listed with current rates, including Tokyo at 29.93 and Shanghai at 4.37 1-2.

Foreign Exchange New York Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Finland Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Hungary Rumania Argentine Brazil Tokyo Shanghai Hongkong Mexico City Montreal

Call Money Rates and Rediscount Update

Call money steady at 1 percent all day. Time loans firm. 60 days to 6 months 3-4 to 1 percent. Prime commercial paper 3-4. Bankers accepts unchanged. ranges for 30 to 99 days and 4 to 5-6 months. Rediscount rate at New York Reserve Bank 1 1/2 percent.

Call Money New York New York Reserve Bank

Poultry Prices Steady In Chicago Market

Live poultry in Chicago with 19 trucks steady. Hens 4 1/2 lbs up to 12 1/2 cents per lb, under 4 1/2 lbs 10 1/2, leghorn hens 8 1/2, Rock fryers 15-18, colored 14, Rock springs 18-19, colored 11, Rock broilers 13 1/2 to 14 1/2, colored 33, barebacks 10-12, leghorn 13, roosters 9, hen turkeys 14, toms 12, No 2 10, spring ducks 8-11 1/2, old 7-9, spring geese 8, old 7.

Chicago Rock Springs

Murray directs special prosecutor in university murder case

Gov. Murray orders the attorney general to appoint a special prosecutor for Neal Myers a University of Oklahoma student charged with murdering Marian Mills campus beauty queen in an apparent effort to prevent maternity Aug 6 Oklahoma City Civic officials and university figures are cited in the action.

Oklahoma City W. H. Murray Neal Myers University of Oklahoma Marian Mills

Potash Fields Found in Georgia and North Carolina

Geologists from the Tennessee Valley Authority report locating potash fields in Georgia and North Carolina. They say under emergency conditions the deposits could help supply part of domestic normal requirements.

Washington Tennessee Valley Authority Georgia North Carolina

Also Mentioned on This Page

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