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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Aug 07, 1935
Page
9
Financial markets showed back and forth momentum with slight losses in key futures as crop reports from Washington and Corpus Christi influenced sentiment. Spot cotton in New Orleans opened softer with middling prices around 10.95 and receipts noted, while overall activity remained subdued.
Irregular fluctuations led to a mid afternoon dull session. The market showed slight declines with nearby cotton futures easing while spot prices stayed steady at the close amid quiet trading and mixed price levels across grades.
The report lists American cotton bales with price quotations in pence. Various grades show values such as good middling to strict low mid across dates and months including October and January. The text notes demand and steadiness with prices around 5.54 to 7.19 pence per pound and similar figures for other months.
Fragmentary OCR notes from New Orleans describe cottonseed oil futures with figures like 9.47 and 9.96b, and mention bleach closing at 9830 with dates in August and October. The text references New York data and bids, including 9400 and bid activity, but many details are unclear.
A fragmented 1930s market page lists butter specials including Auspecials 93 score and firm creamery stock. It mentions standard intralized carrots, corn, and fresh traded firsts with multiple grade notes and local market storage terms.
Aug live poultry prices listed by grade include hens 16 1 2 pounds and leghorn 14 to 16 3 2 pounds. Rock fryers 18, colored 16 to 18, barebacks 43, turkeys 11 to 14, old ducks 12, young white ducks 12, geese 13. Prices reflect varying weights and quality across categories.
Data fragment lists river stages across Mississippi basin cities including St Louis Memphis Helena Vicksburg Natchez Baton Rouge Shreveport Nashville and market towns. Shows numbers and trends for several locations with fall rise readings and dates.
Irregular price action marked the day on the New York stock exchange as profit taking offset gains from investment buying and short covering. Several issues reached new 1935 highs while others like oil shares slipped. volume ran about 1.35 million shares with some prominent names advancing.
New York reports irregular trading with industrials and merchandising shares rising, bonds mixed, utilities firm, and curbs narrow. Foreign exchanges steady as gold currencies rally. Commodities show mixed signals with cotton steady, sugar higher, coffee steadier on Brazilian tips. Chicago wheat irregular, corn firm, hogs buoyant, cattle steady, hogs up to a new top of 11.85.
Chicago grain markets opened with wheat dropping 3 to 7 cents as Liverpool prices weighed. September wheat fell to 89 3 4 to 90 with volatile moves and corn edged up then fell while oats shifted between small losses and gains. Provisions climbed 15 to 42 cents.
New York sugar futures show a steadier tone with gains of a few points on covering and trade interest. September No 3 rises to 2.26, December to 2.25, with late trading around 1 to 2 points higher. No 3 closes steady and sales reach 5 950 tons.
Call money in New York remained steady at 1 to 4 percent across the day. Time loans showed 1 to 4 percent offers for 60 to 90 days and 4 to 6 months, with prime commercial paper at 3 to 4 percent. Bankers' acceptances unchanged and the rediscount rate at 1.5 percent by the New York reserve bank.
The New York market sees easy foreign exchange with Britain at 4.96 1-4 dollars, France 6.62, Italy 8.21, and a long list of demands and cables for many nations including Belgium 16.91, Germany 40.34, Holland 67.68, Norway 24.95, Sweden 25.60, Denmark 22.16, Spain 13.72, Poland 18.97, Czechoslovakia 415 3-4, Argentina 33.07, Brazil 862, Tokyo 29.27, Shanghai 37.30, Hongkong 52.20, Mexico City 27.90, and Montreal variations.
In Chicago on August 7 USDA reports 68 potatoes on track 194 with total U S shipments 286. Prices vary by variety and state with Idaho Russets U S No 1 at 1.25 new stock Idaho Bliss Triumphs at 1.30 to 1.45 and Oregon Bliss at 1.30 to 1.55. Regional items include Missouri Cobblers New Jersey Cobblers and Maryland Pennsylvania and Virginia Cobblers with prices from 1.10 to 1.25 and slight decay noted in certain lots.
Tabatha Ann Hutson 87 died at her Luna home after a long illness. Funeral held 2 p.m. Wednesday at Luna Church with interment in Luna Cemetery. Survived by three sons Ben Hutson Daytona Beach Florida Dallas Hutson Clarks Louisiana W L Hutson West Monroe and one daughter Mrs Lee Stygler Daytona Beach Florida. W P Hammon 63 dies in Monroe hospital. Funeral held Fort Payne Alabama. Hammon employed 2 years by United Gas Public Service and its subsidiaries. He was regarded as a capable worker and is survived by distant Alabama relatives.
Daily classified section offers up-to-date opportunities across jobs, services, housing, and personal ads. Readers access current listings with brief descriptions and contact details to act quickly on timely opportunities.
Regulated and connected refrigerators cleaned and lined. Work guaranteed. P. R Mork at 4458 J. Lawn mowers sharpened through Oc at Cash and Carry, 401 Stone Avenue. Thirty-odd years ago Manchuria had 4,000,000 people. now it exceeds 27,000,000.
Delta Air Lines announces new deluxe night flights operated by the Stinson A low wing tri motorliners. The Texan and The Georgian routes show daily trip numbers with precise times among Charleston Columbia Augusta Atlanta and Birmingham. Note details indicate most trips run daily except certain holidays and days after holidays.
Several large offices available with light and janitor service included. Rent is $19 per month. See A H Sates for business inquiries.
Local dealer promotes guaranteed used cars with a favorable approval stance. Advertising emphasizes easy financing and approval terms for buyers with varied credit profiles. Unclear details limit specifics but the message centers on guarantied vehicle sales.
A catalog-like listing shows 1929 to 1930 era cars with model names such as DeSoto DeLuxe Plymouth Sta Coupe and Buick Coupes. Prices range from $60 to $350 with several sedans and coaches including Studebaker LaSalle and Chrysler models.
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