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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 16, 1940
Page
7
Markets report in New Orleans shows cotton futures easing with hedging pressure and softer global prices. Closing values linger near steady with slight four point spread. spot cotton closes steady with modest declines in low middling to good middling grades.
Prices for cotton futures ended modestly lower with March at 10.15 and July at 9.88. October contracts traded around 9.34 with late-session declines of 2 to 5 points. Middling spot price stood at 10.35, down 2, amid note of ongoing market activity.
Limited demand for spot cotton kept prices 2 points higher in Liverpool trade with a range of grades quoted from good ordinary at 7.44 to strict good middling at 8.99. Futures closed unchanged to 1 point lower with March at 7.90, May 7.85, July 1.78, October 7.70.
In New Orleans on December 16 bids held steady for cottonseed oil with slight gains in some months while bleachable futures in New York closed 3 to 7 lower amid light to moderate activity. Prices listed include Jan around 5.26 to 5.72 and March 5.21 to 5.77 with May and July quoted near 5.20 to 5.58.
Chicago dispatch reports firmer demand for live poultry, with heavy springs and geese up while small springs and broilers ease. Leghorn hens over 5 pounds listed at 15, others range from 10 to 17 for various breeds, ducks and turkeys shown with mixed gains and declines.
Active Cuban hedge selling dominates domestic sugar futures with prices easing from highs. March at 1.96, July 05, September 75, No. 4 futures down 2 to 2 1/2 points. raws steady near 2.95 cents. refined at 4 cents. Sales total 9 600 tons for January to May contracts. market quiet overall.
Butter receipts 486 002 steady creamery items ranged 89 to 93 cents per pound with central carrots at 35. Eggs receipts 4 740 steady graded fresh firsts 27 current receipts 241 2 cents higher for extras 38 and 39 with government graded eggs V S down 2 cents.
New York stock lists show heavy activity with leading industrials down while bonds and government securities hold. foreign exchange steady and the Argentine peso improves. Cotton quiet, sugar trends lower, metals steady, wool weak as Boston mills buy. Chicago wheat declines nearly two tenths with good crop prospects, corn follows lower. cattle steady, hogs up 10 to 15 as demand broadens.
The New York stock market opened with slight declines and a midday downtrend in light trading. By close, most leading issues were down a few points with some recoveries, as volume neared 650000 shares and investors awaited defense policy shifts and President Roosevelt’s remarks.
Notice that Mrs Reynolds and Mrs Louise Reynolds of Monroe Louisiana are hinted as liquidators to wind up Rochelle Realty Company Inc. Succession of Mrs Alice Foster Probate No 29673 Ouachita Fourth District Court creditors and interested parties must show cause within ten days why the final account of Luther Reed administrator should not be approved and homologated. Witness Judges Shell and Garrett December 13 1949. (Seal) Deputy Clerk Williams. Des 13 16 20 1940. SHERIFFS SALE Commercial Securities Company Inc vs No 29832 Ouachita Fourth District Court seized property to satisfy writ of fi fa sale December 21 1949. Mil ton Cord dale Sheriff. Dec 10 16 19 1940. Card of Thanks and Notices. Advertisement for Bids Monroe Charity Hospital Venetian blinds bids closing December 1940.
Chicago grain markets opened lower on renewed selling of new crop wheat amid ideal moisture for winter wheat. December wheat fell to 89 7 8, May 85 8 4, with further declines later. Corn opened flat to 3 8 lower, December 59 1 2, May 59 1 4. Wheat closed 1 1 2 to 17 8 cents lower than Saturday, and corn down 1 8 to 5 8. Oats unchanged to 5 8 lower.
Chicago reports potato arrivals 163 on track 350 with total United States shipments over the weekend 821. Nebraska’s Bliss Triumph leads United States No 1 with price 175 to 180, Ohio early crop 80 percent No 1 at 1.00, Cobblers from Minnesota and North Dakota strong at 100 to 110.
In Los Ebanos near the Sam Fordyce oil field three men died and a fourth was wounded when a gunman fired through a tavern window Sunday night. The dead were Special Deputy Saragoza Flores Marcos Ramirez and Santana Garza. Justo Flores was shot in the knee. Sheriff R T Daniel blamed an old neighborhood feud.
In Helena Montana a thin man freed from the jail asks the jailer for a dollar and six bits then calmly returns to his old cell and requests to be locked up again as snow falls outside.
A baker and prominent suffrage advocate in Albany New York baked the phrase Equal Rights on his bread loaves between 1884 and 1887. The action highlights local activism and a creative protest method by a businessman supporting women’s voting rights.
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