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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 13, 1937
Page
9
New Orleans reports slight gains as December to October futures rise 3 to 6 points amid light offerings and export demand. Spot cotton closes steady 6 points higher with middling around 8.25. In New York futures end steady with increases of 3 to 6 points as demand and trade absorb remaining supply.
Liverpool reports a quiet depot with 20 000 bales including 690 American as prices fall four points. Quoted grades show strict good middling 5.46 and 3.01 for good ordinary among others while futures close steady with Dan 453 and May 458.
In New Orleans on December 18 and in New York on December 12,bleachable cottonseed oil and refined futures showed limited movement. Prices across months ranged from 6.56 to 7.11 in New Orleans and 7.00 to 7.93 in New York with modest fluctuations and 91 contracts traded in New York.
Hog market opened 10 to 15 cents lower with a top of 6.85. Good corn fed hogs 180 to 210 pounds 6.50 to 6.85, 150 to 170 pounds 5.85 to 6.35, 130 to 140 pounds 5.35 to 5.85. Sows 5.25 to 6.25, common woods sows 3.2 to 4.25, medium grade hogs 50 cents less, soft oily kinds discounted. Cattle steady with good corn fed steers 6.00 to 7.00, grass steers 800 pounds 4.50 to 6.00, yearlings 400 to 5.50, common 3.00 to 3.50, cutters 2.50 to 3.0, canners 2.0 to 2.50, sausage bulls 3.75 to 4.00, heavies up to 5.00, Jersey bulls 3.0 to 3.50. Veal steady top 8.00, 150 to 200 pounds 7.50 to 8, fair 3.75 to 4.25, aged common rannies 2.50 to 3.25.
Chicago market notes live poultry prices by weight and breed across hens roosters leghorns white and colored varieties. Turkeys ducks geese and capons are priced with varied weights and classifications. A separate line notes Germany shifts from coal tar chocolate to wood based candy.
New York stocks faced heavy selling with a lower list while bonds eased and Japanese issues and some rails declined. Curb market softened for aircrafts and specialties. foreign exchange steady though sterling and franc fell. Cotton quiet with active foreign buying and sugar down on liquidation. Brazil markets firmer. Chicago wheat rose amid orient concerns. corn held firm on ongoing export demand. Cattle bids eased about 50 cents. hogs rose strongly with top at 8.30.
The document lists receiver T. J. Coenen of Monroe Louisiana with multiple monetary figures dated December 9, 1837. Amounts cited include 18.37 22.32 22.29 17.45 16.53 13.88 18.74 12.47 15.88 and 16.53 dollars.
New York stocks opened weak but closed near lower levels with leaders dropping and minor gains erased. Steel, auto, oil, and chemical shares led declines while Wright Aeronautical rose on orders prospects and a seat transfer boosted sentiment.
Chicago wheat prices edged higher with the market buoyed by expectations that Britain would buy more after the Australian movement. December wheat opened up and finished modestly higher, while May and December corn also closed firmer and oats declined slightly.
George Savoie 24 of Schriever La died when an oil barge exploded in Tinbaker bay 30 miles south of Houma La destroying about 4000 barrels of crude. Forty men fought the 11 hour blaze. A storage ship nearby also burned. loss estimate unavailable. Vessels involved belonged to a Texas company with Caillou Island oil fields.
Butter prices shown for Chicago market with various grades and scores across creamery specials extras and standards. Eggs priced firm with local grades and receipts. Brief historical note: Mae West left vaudeville in 1922 to perform a farce she co authored.
In New York on December 13 sugar futures were quiet with a small early setback from liquidation and partial recoveries as traders covered. May No 3 fell to 2.32 with the market around 2323 late in the session, while No 4 showed small fluctuations. Futures No 3 settled 1 to 2 points lower on 2,850 tons sold.
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