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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 13, 1932
Page
8
Market showed little variation with December slipping to 5.79 and March to 5.87 earlier, then edging up on modest buying. By afternoon, prices eased again with new lows near 5.73 for January and 5.83 for March, closing steady with declines of 3 to 6 points amid hedge selling and light exports of 31,423 bags.
New York December 13 cotton futures showed a steady undertone amid irregular fluctuations. Prices opened around 5.76 to 5.84, briefly dipped, then rallied to near 5.97 before closing mostly steady or slightly lower, with spot middling at 5.90.
Cottonseed oil closed steady in New Orleans with prime summer yellow at 3.00 to 3.10 and prime crude 2.25 to 2.62 1 2. In New York the market held steady with prime summer yellow at 3.45 and prime crude 2.25 to 2.62 1 2. Sales listed as 13 contracts.
Chicago market roundup shows hogs around 23,000 with 4,000 direct and prices mainly 10-15 cents below yesterday. cattle about 6,000 and calves 1,500. vealers and yearlings steady to down. sheep at 13,000 with lambs 5.50-6.35 per 100 pounds and other ranges noted.
Butter and eggs prices listed for Chicago on December 13 with 9,000 pounds of butter trading firm. Butter grades range from 92 to 93 for extras and firsts, while eggs are 2,755 in the firm market with no price changes noted.
Call money steady at 1 percent all day. Time loans stable with 60-90 days at 1-2 percent, 4 months at 3-4 percent, and 5-6 months at 1 percent. Prime commercial paper at 11-2 percent. Bankers acceptances unchanged.
In New York sugar futures after early steadiness move to near unchanged by late morning. market shows little net change as the hour nears close, with prices about one point below the prior session.
New York stocks easy motors steady bonds irregular U S governments steady curb steady some utilities firm foreign exchange firm sterling rallies cotton lower local and southern selling lower cables sugar barely steady trade selling coffee lower poor spot demand Chicago wheat easy weakness northwest markets sharp decrease export demand corn easy weak foreign markets poor cash trade cattle irregular hogs slow and lower
Chicago on December 13 reports a broad downturn as Liverpool wheat quotes and British rates fall. Openings drop 1 to 4, futures slip further and close near the day’s lows with wheat down 3 4 to 11 2, corn down 5 8 to 11 8, oats off 1 4 to 1 2 and provisions unchanged to 7 cents lower.
The New York stock market showed only limited selling pressure with small losses on leading issues and a sluggish 700000 share turnover. Traders remained cautious as rail wage talks and a 6 hour day study influenced activity while General Electric, U S Steel and Pennsylvania saw modest moves and bids.
Prices for fruits and vegetables in New Orleans on December 13 showed little change. Georgia mushrooms at 25 cents per pound. Louisiana broccoli 40 to 50 cents per dozen bunches. cabbage 40 to 75 cents per dozen heads. Maine potatoes 1.25 to 1.30 per 10 pounds. Louisiana sweet potatoes 60 to 75 cents per cwt. onions 65 to 75 cents per 50 pound sack.
The market shows steady foreign exchange with Great Britain at 3.26 1 2 dollars on cables and 3.25 3 4 for 60 day bills. France is 3.90 7 16, Italy 5.12, and various European and overseas currencies listed with bid and cable figures. Nominal values cover Belgium to Greece and beyond with Tokyo, Shanghai, Montreal, and Mexico City quotes included.
Liverpool December market shows 9 000 bales of cotton with 1 700 American in fair demand. Prices fall two points across grades with American good middling at 5.85 and strict low middling at 5.00. Futures close steady with Dec 4.92 and Oct 5.00.
Chicago market report shows poultry live, 1 car and 41 trucks steady. Hens 10 to 13 cents, Leghorn hens 9, colored springs 10 to 11, Rock Springs 10 1 2 to 11, roosters 8, turkeys 1 15, ducks 8 to 10, geese 10, Leghorn chickens 8 1 2, broilers 13.
Chicago December 13. USDA reports total U S shipments at 211 with 137 on track. Supplies moderate and demand light while trading slows. Wisconsin round whites bring 75 to 80 cents, Michigan russet rurals 75 to 77 cents, Idaho russets around 1.20 to 1.25.
The article notes Guatemala is believed to be the only Central American country with commercial tea production. It highlights Guatemala's unique position in regional tea farming and hints at the scale of its industry within the region.
Reeletus Hiner age 20 son of Mr and Mrs A J Hiner of 305 Slack Street West Monroe died in Clarksdale Mississippi from pneumonia contracted while working on levees. He leaves parents and siblings Leona Onyal Etoy and June. Funeral at Immanuel Baptist West Monroe conducted by Rev H L Driskell with burial at Riverview. Pallbearers were six Monroe fire department members A F Johnston J W Faler R F Frantom L J Hunnicutt E D Otwell C W Fisher.
A meeting of the Tri Parish Medical Association with representatives from East and West Carroll and Madison and guests from Oak Grove Lake Providence Tallulah was held in the courthouse. Dr J B Vaughn from Monroe Clinic attended and Dr G W Gaines discussed climate related typhoid and scarlet fever changes. Officer roles named include Dr Hamley president Gaines first VP Dollarhide second VP Williams secretary treasurer. Next meeting set for Oak Grove in January. Mildred Piper of Tallulah 4 H club returned from Chicago national 4 H congress having won the trip for Madison parish merits.
Fritz the dachshund owned by M. J. Alvord of Montville chased a rabbit into a burrow. The rabbit exited by a back door but Fritz became stuck, requiring a crew with pick axes and shovels to free him.
A Chicago survey found many people engage in tests at home that resemble the real assessments used to determine if someone is fit to become an airplane pilot. The report notes the casual imitation of serious aviation requirements and the growing interest in such tests.
Lynn Massachusetts. Leonnard Hope reported to Probation Officer Colby and answered questions in good shape. He staggered on the stairs, fell, and was found drunk again. He was jailed for probation violation.
The Paramount features The All American football drama with 39 stars and Garry King’s ascent and fall. Capitol screens Night After Night with George Raft as a Manhattan speakeasy proprietor in a romance set in a casino era. Strand in West Monroe presents By Whose Hand with Nat Pendleton in a coffin scene, noted for its eerie staging.
Multiple Ouachita Parish writs of fi fa list property seized for sale by Milton Coverdale Sheriff Monroe Louisiana. Items include undivided 1 8 interest in southwest quarter section 33 township 19 north range 5 east, fifty five feet east side lots 13 14 block 2 Johnston addition Brownville, and West half of lot 2 block 1 G B Haynes subdivision among others. Sales scheduled December 1932 and January 1933 at Monroe courthouse.
In a Monroe Louisiana district court matter Chancey Clyde Bell bankrupt, trustee announces a sale of multiple properties scheduled for December 19 1932 between 11 am and 2 pm at the Monroe post office building. The list includes Lot 10 of square 5 in Austin and Ebys first southern addition to West Monroe, a North Third Street lot with mortgage to Prudential Insurance, an undivided one half of Croton Grove plantation lot subject to Federal Land Bank mortgage, Lot 6 of square 1 of Arents Subdivision in Monroe, and Lots 17 and 19 of square 88 in Lee addition. Terms require 20 percent cash with balance after court approval.
Levi T. Harrell settles with Stevens Bros Shafer and Union Indemnity out of court for 1000 dollars in a suit seeking 7480 dollars for medical costs and 18 20 weekly for 400 weeks after a July sun stroke on state highway bridge across Ouachita river left him permanently disabled. He was earning four dollars a day as a carpenter.
A benefit show to aid the Good Fellows fund will be held at the Paramount theater starting at 11 10 Saturday night. Theater is donated and performers work free so all proceeds go to the fund. The picture shown is Touchdown and a strong local entertainment program is planned.
Chicago December 13 railway brotherhood delegates rejected the railroad managements proposal to extend indefinitely the January 31 deadline for ending the temporary ten percent wage reduction for rail employees.
Representative Daniel E. Garrett of Texas died at his Washington home today from heart disease. He served in Congress and was known for his work on national issues. The death leaves a vacancy affecting Texas delegation and congressional committees.
A public foreclosure notice cites writs of fife seized property in Ouachita Parish Louisiana under the Fourth District Court. It lists parcels Lot 3 Block 1 and Lot 5 Square 4 in subdivisions by S. W. Vick and C. C. Bell, with sale dates in December 1922 to satisfy costs.
The Fourth District Court of Ouachita Parish Louisiana directs sale of Lot 5 and the north half of Lot 6 in square 13 of Austin Eby s First Southern Addition West Monroe along with Lot 25 and the north half of Lot 26 of H M McGuire s Ouachita river lots. Sale is cash without appraisement to the highest bidder.
Railroad and motor coach timetable lists East and West bound trains for Illinois Central Missouri Pacific Natchez El Dorado Farmerville and interurban routes. Schedules show arrivals and departures for specific numbers with service to St. Louis Little Rock Natchez Bastrop and Tommeessen plus daily and Sunday variations.
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