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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 07, 1933
Page
16
New Orleans cotton prices opened higher then eased, with March near 10.07 and May 10.21, slipping to 10.03 and 10.17 before rallying midday. Exports reached 56 174 bales, and by late afternoon futures edged higher to 10.09 for March and 10.23 for May, closing steady with small gains. Spot cotton closed steady with sales and receipts noted.
New York traders kept to the sidelines awaiting tomorrow's crop report and possible positive developments elsewhere. Midday gains were modest and futures closed steady to slightly higher, with spot cotton at middling 10.15.
Liverpool on December 17 reports no receipts with steady spot business and unchanged quotations. American cotton grades shown include strict good middling at 5.56, middling at 5.21, strict low middling at 5.06, and low middling at 4.81.
In New Orleans on December 7 adjustments show steady cottonseed oil futures with price ranges from 3.50 to 4.57 for various delivery months. In New York also on December 7 bids and closes indicate steady futures with December at 4.25 and March near 4.63, with 18 contracts traded including 10 switches.
Chicago on December 7 reports total U S potato shipments at 545 with prices steady. U S No 1 Wisconsin Round Whites mostly 1 25 per cwt, Idaho Russets rarely above 1 60 to 1 62. overall supplies moderate and trading very slow.
Butter prices at 11.927 cents per pound steady with creamery products around 93 score and various grade ranges reported. Eggs at 1,008 priced steady with no changes in listed rates.
The list details arriving and departing times for Illinois Central and Missouri Pacific lines, including intercity coaches and various routes. It notes daily and Sunday-only services, with some sections partially legible and interspersed with unrelated financial and industrial references.
Stocks led by rails and industrials edged higher in a quiet session with gains of a point or more. Transfers reached about 1.7 million shares as outsiders nibbled and professionals dominated activity amid cautious outlooks on inflation and currency trends.
Chicago grain prices show firmness after a wavering start with wheat and oats rising and corn finishing above yesterday. Hogs and cattle move higher in active trading, with varying weights and vealers mixed in price. overall results reflect a rising trend across multiple sectors.
The market shows easy foreign exchange with Great Britain at 5.11 1-2 dollars and 60 day bills at 5.10 1-2. France 6.12 1-2, Italy 8.25, Belgium 21.75, Germany 37.30, Holland 63.95, Norway 25.65, Sweden 26.35, Denmark 22.85, Switzerland 39.35, Spain 12.78, Portugal 4.73N, Greece .S0N, Poland 17.80N, Czechoslovakia 46 3N, Jugoslavia 21 8N, Romania .98N, Austria 17.65N, Argentina 33.34N, Brazil 86 5N, Tokyo 31.00, Shanghai 33.62 1-2, Hongkong 37.62 1-2, Mexico City 27.90, Montreal in New York 101 12 1-2, New York in Montreal 98.93 3-4. N-Nominal.
In New York trade on December 7 sugar markets showed steady movement with only minor hesitation at the opening. Buyers and sellers reflected cautious optimism as prices hovered near previous closes and volume remained modest.
Futures closed barely steady with declines of 2 to 4 points. Contracts sold off from 1.22 to 1.20 with May at 1.30 or 2 to 4 points higher limits not lower, and partial recoveries after declines. Sales reached 14 350 tons with December at 1.17 and March at 1.24 23.
Live poultry overall steady with 44 trucks reporting. Hens bring 9 to 10 1 2 cents, Leghorn hens 7 Rock springs 10 1 2 to 11 1 2, colored 9 1 2 to 10 1 2, Leghorn chickens 7 1 2, roosters 6, turkeys 9 to 14, ducks 6 to 9, geese 8. Dressed turkeys firm with young hens end toms 18, old hens 14, old toms 13, No 2 10 1 2.
Classified pages list rates for positions and dates and organize ads under group headers. The excerpt notes a Western District of Louisiana bankruptcy case Roland Segle No 5103 with a discharge hearing set for 1934 in Shreveport and invites interested parties to appear and show cause why the discharge should not be granted.
Ouachita Mattress Co offers renovated mattresses with guaranteed work and budget prices. Expert radio repair by C Cobb at reasonable rates with Philco nationwide. Monroe Tire Exchange vulcanizes tires with jet guarantees and offers new and used tires. Ware Sales Co promotes Maytag electric and gasoline models as Christmas gifts at 437 DeSiard St.
The document outlines Ordinance No. 2068 adopted in Monroe La on November 3 1933 detailing 1934 budget estimates for Ouachita parish expenditures including salaries court security and prison costs and revenue plan to raise parish tax 4 mills. It lists items such as official printing coroner expenses repairs and maintenance and miscel laneous costs totaling 2 400.00 in error text. The section also notes a balance of revenues from the parish tax and other sources to meet expenses.
In Shreveport on December 7, 1933, referee J M Grimmet presided over the proceedings. Officials listed include J M Grimmet. The event date and locale are confirmed as Shreveport Louisiana.
In Wilmar Minnesota a 16 year old high school girl Robby Haug daughter of G C Haug president of a local bank was shot to death in a minister's home. Police chase a jealous suitor Lyman Salmonson 31 who had been warned to stop his attentions. Five shots pierced her body but officers believe the first killed her. The minister W C Binson and wife were away at the time. Three Binson children were upstairs. The 10 year old son led police to the scene and identified the visitor as Lyman.
The civil service commission announced postmaster examinations in 41 cities with applications due by December 27. Opelousas Louisiana offers a $2700 salary and Charleston Mississippi offers $2400, among listed offices and salaries.
Call money remained steady in New York with rates listed at 1 to 3-4 percent and a ruling rate of 3-4 percent. Time loans varied by term from 60 days to 4 months and 5 to 6 months, while prime commercial paper quoted at 11-4 percent and bankers acceptances unchanged.
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