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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 08, 1937
Page
9
New Orleans December market shows futures up 7 to 8 points amid a government estimate of 18,746,000 bales. December at 8.90, January 8.01, March 8.04, May 8.06, July 8.12, October 8.17. Exports 29,719 bales. Spot cotton closes steady with gains to 6 points. good middling at 8.10 and receipts at 6,925 with stocks 906,276.
New York on December 8 reports government cotton estimates adding 50000 bales to last month's total failed to depress values. Trading resumed after the figures showed the market steady with small changes and overall shifts of 1 point lower to 3 higher than prior levels.
The Liverpool market shows limited demand with American bale offers steady amid varied quotations. Prices range around 4.89 to 4.39 for different qualities, with futures closing near 431 in May and 482 in July as auction and sale activity remains muted.
Poultry market report from Chicago on December 8 lists live birds and dressed market notes. Mentions White Rock and Lechosa chickens with various weights and colorings, goose pricing, trucks and Telcole white items, and stable dressed market with no major changes.
The Chicago dairy and produce market shows steady to firmer tone for butter and eggs. Prices for extras and firsts move small increments with current receipts notably higher, while refrigerator stock remains firm.
Chicago wheat futures slipped early with broad selling pressure in Europe. By closing, prices steadied with December at 97 1 2 and May at 1 4 to 1 2. corn and oats saw minor changes as traders weighed supply and demand signals in a volatile session.
New York trading shows stocks firm led by rails and steels with bonds mixed as rates fluctuate. Cotton gains on local and Wall Street demand while sugar falters and coffee declines amid Brazilian selling. foreign exchange steady with sterling and franc lower. Chicago wheat climbs on export appetite. corn firm on European purchases. Cattle steady to 25 lower and hogs drop 10 to 15 cents, top at 8.50.
Buying support for rails and steels aided other groups as shares rose fractions to two points or more. The rally followed a mixed open with blocks snapped up as buyers sought oversold issues. Trade quoted abroad buying and short covering with optimism from NAS manufacturing convention and better metropolitan retail sales. About 1,560,000 shares changed hands.
New York trading mixed today with small gains in some sectors while steel and building materials edged lower. Commodities were uneven as London Amsterdam and Paris markets showed irregular moves after early firmness. Trader notes cite limited impact from tax revision delays and cautious optimism as Wall Street weighs health and agriculture signals.
A fragmented market bulletin notes futures closing higher for cottonseed products with modest bleachable oil and crude price movements. Prices quoted include crude around 73-5.871-2 and futures for Dec into May with values near 6.57 to 6.66.
Sugar futures opened weak in New York with No 3 contracts down around 2 to 2 1 2 points before recovering. Late in the session No 3 settled steady to 2 points lower, with 4,900 tons sold. March price around 2.32 to 2.34 as trade focused on the front months.
The historic Stephen Decatur house across from the White House in Lafayette Square may be sold July 1, 1958 to be converted into a garage or apartment. The Professional Writers club seeks to halt the sale. The three story home has little modernization since Decatur’s death in 1821 and features a roof lookout once used for slave postings and wig wag signaling to the White House.
London dispatch reports the 4,144 ton British steamer Quarrington Court abandoned near the Red Sea after engine rooms flooded last night. Crew were removed and the vessel towed by the French motor vessel President Daumer to safety. cause of the leak is not disclosed.
Beverley Sachs a Chicago girl with red hair makes her operatic debut with the Chicago City Opera company as Gilda in Rigoletto with Lawrence Tibbett. impresario Paul Lengeone signed a three year contract after her rehearsal singing with an orchestra.
A fingerprint report to Sheriff G B Erskin from the bureau of criminal investigation notes Elein Hasneyn and five companions arrested Sunday night and in custody Wednesday noon. They reportedly had no prior criminal records aside from shoplifting.
The Marionette Company announces performances of Hansel and Gretel and The Tempest. Both shows will be staged at the Central Grammar Theater with matinee and evening options for the audience.
In Choudrant near TJ Norris plantation, a fire in a negro couple’s house killed a 10-year-old boy while he tried to rescue his father, Wills Hamilton, 65, and his mother. The boy died under a collapsing roof as flames trapped them in the blaze. The parents suffered severe burns. the house had no insurance and was described as a costly loss.
The state suit seeking 75 000 in back taxes against a major oil firm was postponed after Christmas recess. Judge Charles Holcombe ordered new arguments postponed to after January 10 as campaign attorneys finished their cases. The state alleges 50 000 taxes were overtaxed on goods lost over eight years, while the firm claims it followed the tax collector’s interpretation of deductions.
The report notes liquor tax revenue figures and legislative debate in Louisiana as the state grapples with repeal impacts. It cites tax amounts and notes shifts in revenue expectations amid ongoing discussions on alcohol regulation.
At Jackson Mississippi the Southeastern Conference directors of athletics plan to seek equal voting authority with faculty representatives and to discuss allowing seven conference teams to participate in bowl games. They aim for admission to all conference meetings and oversight over conference meets and tournaments.
Mehre resigns from the University of Georgia board citing personal reasons. The resignation becomes effective January 1 with seventeen board members present at the meeting.
Fragmented report outlines two couples in Claremont facing divorces after four months of separation. Details mention property, wealth dispositions, and gossip as marriages unravel amid a strained social circle.
Sewanee announces a three year contract extension for coach Clark, securing leadership through the upcoming seasons. The decision aligns with program goals to build continuity and pursue athletic success and academic emphasis.
Members of the home club discuss a Christmas party at the home of Mrs. Leva Wctin Mira Alle Teptatve and arrange a church gathering with Mire Seal as Tastes. Frank Eyre gives an interesting talk as plans proceed for a festive event with a small party fund.
Job seekers are invited to take a laborers examination at the Monroe building. Applicants will be paid 30 cents per hour and considered based on ability. Information available from the Monroe post office superintendent. text notes unrelated onion family detail.
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