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Monroe News Star in Monroe, Louisiana

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Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Dec 16, 1935

Page

7

Cotton futures slip on weak demand in New Orleans market

Prices fall across the board as lack of speculative interest keeps sentiment soft. December drops to 11.43 with 16 points loss, March at 11.13, May near prior close at 11.09, and October at 10.58. Open interest and exports remain modest amid global uncertainty.

New Orleans Liverpool

Cotton prices fall on New York export selling

New York on December 16 reports foreign liquidation and scattered selling drive cotton lower. March futures drop to 11.06 with net declines around 16 to 9 points while futures close steady and spot remains quiet with middling around 11.65.

New York

Liverpool Cotton Prices and Futures Decline in Steady Trade

Liverpool reports moderate business with price declines across grades. Quota ties and steadier demand observed. middling and lower categories quoted lower. Futures closed quiet with Dec to Oct prices ranging from 6.17 to 5.87.

Liverpool Liverpool

Cottonseed oil futures drifted lower in New Orleans and New York

In New Orleans on December 16 prices for prime summer yellow and crude oils moved barely steady with December around 10.20B and January through July contracts near 10.15B to 10.18B. In New York bleachable cottonseed futures closed easy with December 10.55b and July 10.57, sales totaling 114 contracts including six switches.

New Orleans New York

Foreign Exchange Rates in New York Decline Mixed

Foreign exchange rates in New York show steady to varied values across currencies with Great Britain at about 4.92 dollars, France 6.61 francs, Italy 8.08 lire, and numerous other international rates including Belgium, Germany, Holland, and Japan. The list includes notes on cables, bills, and registered rates, with scattered cross rates between New York and Montreal.

New York Great Britain Greast Britain France Italy

Agriculture aims for compact turkey breed

The U. S. Department of Agriculture pursues a smaller, more compact turkey variety. Wooden spoons are recommended as the best implement for stirring cooking foods.

U. S. Department of Agriculture Turkey

Stock market drifts lower as heaviness nips metals

River’s Daily reports a dull session with narrow trading and widespread declines in stock prices. Metals weakness weighed on the market while mining shares fell. several major issues edged up only marginally amid mixed bonds and softer foreign exchange. Shares of Chrysler, General Motors, Union Pacific, U S Steel, and others appear among notable movers.

New York Associated Press Case Evans Products Chrysler Westinghouse Montgomery Ward Douglas Aircraft Public Service of New Jersey Texas Corporation Standard Oil of New Jersey Union Pacific Northern Pacific Great Northern U. S. Smelting American Smelting Cerro de Pasco International Nickel Howe Sound Kennecott Anaconda Santa Fe N. Y. Central Southern Pacific U. S. Steel Bethlehem

U.S. Markets End Mixed Amid Soft Metals and Weaker Grain

New York stocks hurt by dull trading as metals retreat and bonds show uneven action. Foreign exchange softens with gold currencies slipping while sugars hold. Coffee advances. wheat declines in Chicago with Winnipeg showing down turns. Corn weak in sympathy. Cattle down modestly, hogs steady with top at 9.65.

New York Chicago Winnipeg

Wheat Futures Rally Fades as Markets Open Higher

Chicago grain markets show an early upward tilt led by wheat on Liverpool rallies and European acceptance signals. May wheat opens around 99 99 1 2, closes mixed with a 3 4 to 1 1 2 decline. corn and oats slip slightly, while provisions fall 15 to 22 cents.

Chicago Liverpool

Livestock prices mixed as market opens with declines

Chicago market report shows hogs at 21 000 head with 8 500 direct, prices mostly 10 down from Friday. Cattle and calves 14 000 and 2 500 with grain fed steers scarce and mostly 25 lower. Sheep 13 000 opening weak with fat and feeding lambs 25 lower.

Chicago USDA

Sugar futures ease on December liquidation in New York

Sugar futures in New York declined early on December liquidation as 7 notices circulated and some selling by commission houses in later deliveries. Prices steadied later with futures No. 3 holding around unchanged to 1 point lower.

New York

Poultry Prices Steady As Markets Report Mixed Weights

Chicago market roundup shows live poultry buyers steady with hens under 4 1 2 pounds at 18 to 19 cents, leghorn hens 15, Plymouth Rock springs 19 to 19 1 2, white ducks 19 to 20, colored ducks 18 1 2 to 19 1 2, geese 15 1 2 to 17, capons 6 to 7 pounds at 25. Dressed turkeys steady with young hens at 30 and old at 27, young toms at 18 pounds up to 28. No. 2 turkeys 23.

Chicago Plymouth Rock Springs

Butter And Eggs Market Summary Chicago December

Butter prices in Chicago steady with creamery specials at 33 1-2 to 34 for 93 score extras 32 to 32 1-4 for 90-91 firsts and 30 for 86-87 seconds. Eggs unsettled with current receipts 25 cents and fresh graded firsts at 27 cents. refrigerator extras 21. standards 32 1-2.

Chicago

Call Money Rates Steady in New York Market

Call money steady at 3-4 percent all day with prime commercial paper at 3-4 percent. Time loans hold at 60 days 6 mos with 1 percent offered. Bankers acceptances unchanged as 30 days 3-16 to 1-8, 60-90 days 3-16 to 1-8, 4 mos 1-4 to 3-16, 9-6 mos 3-8 to 5-16. Rediscount rate at New York reserve bank 1.12 percent.

New York N. Y. Reserve Bank

Louisiana Ranks Fourth in Oil Production

Dr. J. A. Shaw of the Louisiana conservation department states Louisiana now ranks fourth among U S oil producers and will likely yield several million more barrels in 1936 with an estimated state daily output of 140000 barrels. New fields and wildcat drilling hint at a rosy year ahead as leases cover thousands of acres mainly in south Louisiana. The 28th well from the deep Rodessa field, United Gas Public Service Co J B Ardis No 1, in section 14 23 16, flowed 67 barrels from 6010 feet via 1/2 inch choke.

New Orleans Louisiana J. A. Shaw Louisiana Conservation Department Mineral Division Shaw

Agricultural Leaders of Mid-South Convene

MEMPHIS Tenn Dec 16 Mid south agricultural leaders gathered for a conference with Cully A Cobb director of the AAA cotton section to learn details of the 1936 cotton contracts Cobb, who spoke in Atlanta on Saturday, said unrestricted cotton production is a thing of the past and that even if the Bankhead cotton control act were repealed some control of production would be necessary Cobb planned a Dallas conference for Thursday and Friday with planters in that region.

Memphis Tenn Cully A. Cobb AAA

Barbara Downey Says Nine Tots Would Be Nice Family

Greenwich Connecticut December 16 Barbara Downey wife of Morton Downey former Barbara Bennett says nine children would be a nice family She speaks of her four children aged 5 3 1 and newborn and notes she quit acting to raise them The Downeys own a 49 acre farm with five dogs and 110 chickens including a three year old boy adopted by Connie Downey and two daughters for Joannie Bennett Markey

Greenwich, Conn Morton Downey Barbara Bennett Joan Constance Bennett Joanie Constance Michael Richard Bennett Mike Sean Morton, Jr ABC Lorelle Ann Downey Anthony Barbara Downey Downeys Gene Markey

Edgar Dorman Recaptured After Angola Escape

In Baton Rouge on December 16 the state bureau of identification reported the capture of Edgar Dorman, the last of three convicts who escaped from the Louisiana penitentiary more than a year ago.

Baton Rouge, la Louisiana Penitentiary State Bureau of Identification Edgar Dorman

Fugitives Nabbed in South. One Still Free

A member of a three man fugitive trio, arrested in Dalton Georgia, faces a kidnapping charge in Hazie Hurst Mississippi authorities. The bureau has not clarified the kidnapping details. Dorman, jailed July 17 1930 for robbery in Tangipahoa parish, escaped November 2 1934 with John Ingle later captured in Alexandria and M. J. Jones in Tangipahoa.

Dalton Haziehurst Miss Dorman Tangipahoa Parish John Ingle Alexandria M. J. Jones Tangipahoa

Special Deputy Sheriff Killed in Tennessee Fight

Sheriff Charlie Lay of Hardin county investigates a fatal confrontation near Saltillo Tennessee. Jack Wood about 40 a special deputy sheriff was killed and Hugh Anderson 22 a former CCC boy was critically wounded with knife injuries. The fight occurred at a relative’s home during a dance with authorities still seeking a motive.

Memphis Tenn Charlie Lay Hardin County Saltillo Lay Jack Wood Hugh Anderson CCC North Carolina Anderson

Also Mentioned on This Page

SPOT Spot Cotton Belgium Germany Holland Norway Sweden Denmark Finland Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Hungary Brazil Tokyo Shanghai Hongkong Mexico City Montreal By Victor Eubank Allied Chemical & Dye Allied Stores American Can American Car & Foundry American & Foreign Power American Smelting & Refining American Sugar Refining American Tel & Tel Mobil American Tobacco B . Cuca Chevhoe American Woolen Abindas Ahigon Sisctcene Atlazillo Coast Line Burroughs Adding Machine Canadian Pacific Chesapeake & Chio Pulous Chicago & Northwestern Amy St P & P Pt ChRisi&Pa4 Chrysler Corporation Coca Cola New Colorado Fuel & Irony Columbia Gas & Electric Eaeg Columbian Carbon Svacocces Sevescer Ooenwealth & Southern Canescosion Ottisewere Pesivas Continental Can Webstee Continental Insurance Iesuesvite Continental Motor Continental Delaware Electric Power & Light Hallroad Ccicsas Foster Wheel Freeport Tee Vis de Houston Oil New Hudson Motor Huagis Central ii International Mer Mar Sccecsese International Nickel Cami Missouri Kansas & Texas Missouri Pacifico Motay Producte Checcsecsceseses SOM Murray Corporation Nash Motor Sesene International Tel & Tel National Dairy Products General Electric Spa Kage General Foods Ueanan General Gas & Electric A General Motors General Railway Gillette Safety Razor Glidden Company Louisville & Nashville Miami Odeeearae Pesersses Ome Veeesecessien National Distilleries National Power & Light Newport Industriale Northern American Movhaia Pacific Rogue Moore Bovis Aneeask MSC Pacific Gas & Electric Packard Motor American Petroleum Studebaker Corporation Paramount Pictures Texas Pacific Aes Pennsylvania Railroad Essseessebe Ode Sesesene Ssese Timpken Radio Corporation Hag Underwood Elliott Ren aiadAke Reading Company Soseeess Union Carbide J Vearaasschie Ene Eemaes Bend RLV SVE Hawa Oewehe United Iiscasseersasesese Eee RCO Deicco Eap Oor Reynolds Tobacco B United Corporation Safeway Stores Assesessors United Gas Imp St Louis San Francisco United States Industrial Alcohol Seaboard United States Rubber Sears Roebuck United States Steel Shell Union Vanadium Corporation Sae Ae Wabash Railway Eschiens Western Union Seia Southern Railway Westinghouse E] & M Fall Sperry Corporation New Jersey Fallstone & Webster Treceseercecererees AB Youngstown S & T Mississippi Louisemphis Elenarkansas City Vicksburg Natchezton Rouge Ouachita Camdenee Onree Chiottsburgh Incinnati Chicago Grain Mid-South Barbara Angola Paramount Theater News-Star News-Star—World Morning World Tennessee
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