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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 06, 1937
Page
9
New Orleans on December 6 saw cotton futures close steady to slightly higher as early losses drew selling that partially canceled gains. December through December new reached 7.95 to 8.13 with overall light trading and 13,203 bales exported. Spot cotton closed quiet and unchanged with receipts of 14,551 and stocks at 914,884.
New York reports cotton prices moving irregularly as the market awaits the government crop estimate due Wednesday. Private forecasts span 18,330,000 to 18,601,000 bales while exchange members anticipate about 8,366,000 bales.
Liverpool reports 4000 bales of cotton with no American lots. Quotations listed for American grades from strict good middling 4.42 to strict ordinary 3.37 and futures closes shown for Jan to Oct contracts ending with March at 4.54 and May 4.58.
In New Orleans on December 6, cottonseed oil closed steady with bleachable prime summer yellow at 7.00 nominal and prime crude 5.75 to 6.0. Delayed bid quotes showed Dec at 6.57b, Jan at 6.59b, March at 6.61b, May at 6.61b, and July at 6.68b.
Live poultry and dressed market notes show steady to firm prices across hens, broilers, and turkeys. Leghorn and Plymouth Rock varieties command 14 to 22 in various weights with color varieties and small birds listed, while dressed hens and toms bring 24 to 26 for certain categories.
Chicago market report shows butter at 40 to 40 1 2 with extras and firsts near 37 1 4 to 38 1 2, 93 score creamery specials. Eggs listed at 23 for extra firsts cars and local, 21 to 22 for current receipts and 18 1 2 to 18 1 4 for refrigerator standards.
U S Dept of Agriculture reports potatoes at 98, on track 265, 19 Saturday 69 Sunday, demand slow due to cold weather. Idaho russet Burbanks US No 1 1 40 45, US No 2 1 22 1 2, Wisconsin round whites US No 1 1 15, US commercial 1 05. Flint noted as a quartz variety found in chalk deposits.
The 24 hour river stage readings show rises at several stations including arene and Rise City with small declines at others. Data indicates overall variability with rises at multiple sites and a notable percentage fall noted for one station.
New York stocks opened with broad selling but mid-session gains appeared, shares showing modestly mixed movement by afternoon. Airlines and blue chips fluctuated while steels wavered. Treasury bond refunding plans drew positive banking reaction and foreign markets showed volatility with a London and Bombay silver break signaling policy doubt.
Chicago grain prices rose as experts estimated Argentina may export about 25 million bushels this season. R O Cromwell in Buenos Aires forecast a 1937 Argentine wheat harvest of 180 million bushels, with 145 million good for shipment. Futures showed gains across December and May contracts while corn and oats also advanced. Sugar futures in New York remained cautious ahead of crop quota announcements with March near 1.15 and 1-6.
Classified section details ad categories from legal notices to real estate and autos. It includes sheriff sales in Monroe Louisiana with dates in January 1938, and a bankruptcy sale in Rayville with assets listed and payment terms.
American bass baritone Douglas Beattie will give a recital in the Monroe Civic Music Association season's second presentation tonight at the Ouachita Parish High School Auditorium. He will be accompanied by pianist Robert Turner. The program includes Die Kraehe, Tod wie bitter, The Statue at Czarskoe-Selo, Cut My Native Land, Aria: I Lacerato Spirito, La Calunnia, Cantabile Napoletano, and songs by Gretchaninoff, Barber, Rossini, Ledesma Schindler, and others.
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