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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 17, 1935
Page
9
Futures edged higher amid improved cables from Liverpool and market demand, with December up about 10 points to 11.45 and January peaking at 11.37 as trade and professionals resumed buying. Spot cotton closed 11 points higher at 11.00 to 12.13, with totals: sales 591 and receipts 11,295.
The New York market opened with an 11 to 17 point gain then eased under scattered selling. Mid afternoon prices rose 7 to 10 points net. Futures closed steady up 6 to 17 points while spot middling held at 11.80.
Liverpool reports 44 000 bales including 30 600 American with spot prices one point lower. Quoted grades show American strict good middling 7.04 and other grades down to strict good ordinary 5.49. Futures close steady with Dec 6.22 and subsequent months down to Oct 5.91.
In New Orleans December 17 the cottonseed oil market held steady with summer yellow at 10.05 to 10.25 and crude at 9.12 to 9.25, with later months listed. In New York futures closed barely steady with prices around 10.58 for Dec and 10.53 for Jan and Mar, 10.54 for May, on 120 contracts including 12 switches.
Chicago December 17 live poultry trade shows steady to firm tones with hens under 4 1 2 pounds at 18 dollars and above 4 1 2 pounds rising to 19 20 for Plymouth Rocks and White Rocks. Leghorn hens 15 roosters 14 1 2 geese and ducks quoted with varied weights and small lots, dressed prices unchanged.
Sugar futures weaken on renewed liquidation and selling by commission houses in New York. Late trading sees March around 2.05 and July near 2.13, with No. 3 steady to 2 lower. total sales 3,550 tons. Prices shown in bid and nominal notes across contracts.
Daily stage readings show river levels rising and falling at multiple stations including Memphis Nashville Shreveport and Baton Rouge with noted rises and falls. Uncertain values and scattered OCR artifacts remain.
New York stocks opened sluggish and drifted before a late burst as buyers moved in. Mining shares led gains, but world silver prices fell again. Several major names posted modest advances while utilities lagged and American Telephone dropped nearly two points. Transfers totaled about 1.3 million shares as the market closed firmer.
New York stocks firm as dull trading continues. bonds and oils improve while foreign exchanges stay steady. Cotton remains steady with trade buying. sugar weak due to liquidation. Chicago wheat irregular on Liverpool cues. corn supplies up. cattle steady and hogs down 10 to 25 cents with top at 9.50 per cwt.
Liverpool wheat quotes lead to early gains in Chicago futures with May wheat around 97 7 8 to 98 1 8. Corn opens down slightly then recovers, May at 59 5 8 to 3 4, oats steady. Wheat ends irregular, down 1 4 to up 1 1 4, corn little changed, oats up to 4.
Livestock trading in Chicago on December 17 shows hogs at 23 000 head with 7 000 direct sales, very slow demand and prices down 10 to 20 cents from Monday. Cattle and calves total around 7 6000, steady to modestly higher for best market types, with stockers and feeders mixed and sheep activity slow while higher for best lambs.
Daily quotations list prices for Great Britain and other currencies in dollars or cents. Notable figures include Great Britain at 4.93 and 60 day bills at 4.92, with numerous European and international rates such as France 6.61 5-8, Germany 40.23, Belgium 16.87, and Japan Tokyo 28.78.
Call money remained steady at 3 to 4 percent throughout the day. Prime commercial paper quoted at 3 to 4 percent, time loans for 60 days to 6 months offered at 1 percent, bankers acceptances unchanged, and the rediscount rate at the New York Reserve Bank stood at 11 to 12 percent.
Butter and eggs market report from Chicago shows steady prices with low movement. Butter quoted at 7 771 and eggs at 3 808 with current receipts and several grade levels listed for eggs.
REGISTRATION HEAVY JENA La Dec 17 Special According to C C Paul registrar of voters for La Salle parish more than 4 000 have registered in this parish to vote in the coming Democratic primary Mr Paul expressed the opinion that between 4 200 and 4 300 will register before he closes his books at midnight December 21 This will be an increase of almost a thousand over last election In the sheriffs race in 1932 a total of 3 237 votes were cast.
Lost notes consist of 10 notes of 100 each dated 1922 1923 to 1934 payable to J S Meeks with 8 percent interest and 10 percent attorney fees signed by H Dicker son and Mrs Mittie Dickerson. Also a seized Chevrolet Standard coupe Motor M4872698 in East Carroll parish for tax law violation with claim deadline January 3 1936 and bond requirement.
Milton Coverdale Sheriff announces sale of a Monroe property on January 18 1936 under a writ of seizure and sale in the case Meyer Jr vs Ferrand. The parcel sits in square two of Monroe and fronts South Grand Street. Cash terms with appraisement aid.
Jack Guzik, once a watchdog for Capone’s treasury, leaves Lewisburg federal prison en route to Florida to reunite with his wife and son. He says he will return to Chicago, but friends note the city feels changed and his former associates have largely disappeared. Capone remains jailed at Alcatraz. others tied to the gang face long sentences or different pursuits.
Mrs. M W Ladd announces Margaret Ladd and Payton Downey wed in Hamburger at the Methodist parsonage. Downey, connected with Crossett Lumber, and the couple return to Crossett for residence. Ethel Scriber and Cecil Watson marry at Crossett home with Rev. Walter Braswell officiating. Elaine Napper and Albert Wilkerson wed in Hico. Wardner Ruth Speights and Howard Thrasher wed in Choudrant with Rev. Tom Leachman officiating.
Schedules show Delta Air Lines operating westbound and eastbound trips with Trip No 4 running daily except Sundays and holidays. It notes several legal holidays including New Year's Day, Washington's Birthday, Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas Day, with a luncheon stop referenced.
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