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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 04, 1940
Page
20
New York December cotton futures advanced with near month deliveries within a few points of season highs as trade support Wall Street and buyers hedged. Caution cooled gains mid session but prices steadied with Dec at 10.18, May at 16.13 and Oct at 9.37.
Liverpool prices for spot cotton advance eight points with American grades quoted as strict good middling 9.22 and good ordinary 6.97. Futures also finish higher with March 7.97, May 7.94, July 7.90, and Oct 7.84.
World sugar futures traded with liquidation pressure in a quiet market. Demand was limited to short covering with late prices down 1 to 2 points. March 75 and September 85 1-2. Domestic futures opened up then moderated. January 1.86, March 1.92. Raws steady from $83 cents upward. refined basis at 4.35 cents.
President Roosevelt departed Miami aboard the cruiser Tuscaloosa for the Caribbean, signaling plans remain uncertain. He avoided specifics on bases or air and naval site inspections, while pledging readiness to return to Washington if needed. The flotilla included destroyers Magrant and Trippe, with security measures heightened due to rumors of foreign ships in the area.
River stages show for the first seven months of 1940 airline traffic reached 555,159,270 revenue passenger miles, a dramatic increase over the same period in 1939.
New York stock activity showed early gains in select issues like steels narrowing by noon with fractional declines in light volume. Winners included New York Shipbuilding Electric Boat International Mercantile Marine Boeing Sperry Du Pont Allied Chemical while United States Steel Bethlehem Chrysler General Motors Westinghouse American Can and General Electric declined. A flurry of over 86 000 shares of Commonwealth and Southern traded in half an hour as the price fell 1 16 points.
Chicago grain market opened with wheat and corn mostly unchanged to higher. December wheat at 9 5-8 cents, May 87 to 87 1-8 cents. corn at 61 1-2 to 61 3-4 cents for December and May around 60 3-4 cents.
Chicago dispatch notes live poultry mixed prices with hens ducks and geese firmer while broilers and other items show varied moves. Prices for different weight ranges are listed with changes and many lines marked unchanged.
Chicago market notes show arrivals 91, on track 427, total 0.8 shipments 371 with heavy supplies. Nebraska Bliss leads U S No 1 at 146 to 70, Minnesota and North Dakota Bliss edges 0 to 130 percent in the U S No 1 grade.
Butter receipts 515 995, value steady. Eggs receipts 2 986, market firm for fresh graded firsts at 31 cents. Other prices unchanged.
New York December 4 John J Smith a mute newspaperman who lost his voice nine years ago spoke Tuesday night using a buzzer device in his throat. The device linked to a small battery operated transmitter let him talk in a monotone voice by vibrating the throat area. It marks a breakthrough enabling voiceless individuals to produce sound without learning speech.
Terre Haute report describes Indiana State Teachers College Professor V Dewey Annakin reforming social studies with no textbooks no exams and no grades. The course replaces desks and blackboards with a living room style setting to reflect a broader trend in education.
Opera star Jean Dickenson wears a pearl encrusted headpiece to the New York premiere of Verdi's Masked Ball signaling a stylish season open. The novelty hat matches the opening night mood and fashion of the gala.
Gladwin Hill surveys a 1915 wave of explosions in munitions plants and German covert activity in the United States. He profiles Boy Ed and Von Papen, their roles in prewar intrigue, and their fates after US diplomatic expulsions.
Unconfirmed reports from Shanghai say Chen Kung-Po newly appointed head of the Japanese sponsored administration may have been killed. Settlement police reported no information as Chen had succeeded Fu Liao-En who was slain at his home by an unidentified hatchet attacker.
Bankruptcy of Autrey Jerome Goff of West Monroe discussed with creditors meeting slated for December 16 1940 in Monroe. Also notices for The Ouachita National Bank stockholders meeting January 14 1941 and multiple sheriff sale and dissolution notices including Lee Avenue Ice Service Company property and Corine Halstead Kleinschmidt seizure. Public sale details set for December 7 1940.
A red cocker spaniel named Red and a reddish brown Pekingese with a black harness are reported lost. Rewards are offered by Mrs Davenjay Monroe at the Monroe Hotel, and a contact phone is listed as 2754.
Chicago полиция reports that Nathaniel B. Milton found his stolen car packed with two tarantulas and 50 black widow spiders used in experiments. Milton told police Tuesday about the unlikely cargo and sought clues to recover the vehicle and arachnids.
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