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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 22, 1936
Page
20
New Orleans stock market shows sales near 21 790 with prices around 12 per bale for near months and with July and October futures around 11.90. Spot cotton closes steady down 7 points with sales of 4 928 and stock at 775 825.
New York reports a quiet pre holiday market with commission liquidations and foreign selling easing futures from 12.18 to 12.14 as gold holds at 12.15. Prices finish steady to 5-9 points lower. spot middling at 12.71.
New York sugar futures eased in spot month on liquidation due to notices, while March and July contracts mixed between 2.87 and 2.93 as late trading showed marginal changes. No. 3 futures closed barely steady with slight declines, with sales totaling 11,450 tons and bids at 286 to 292 points.
Cottonseed oil markets in New Orleans and New York closed barely steady. Bleachable prime summer yellow traded around 10.95 to 11.15 in New Orleans with crude at 9.75 to 9.87. In New York futures, January 11.05, March 11.13, May 11.26 to 11.29, July 11.31 with 222 contracts traded.
New York stocks firm as copper hints at recovery while bonds mix and several sectors rise. Curb higher, oils utilities and industrials advance. foreign exchanges quiet with sterling and francs up. Cotton mostly steady, sugar and coffee quiet. Chicago wheat weak on government report. Corn and cattle steady, hogs steady to slightly higher with top at 10.30.
Dec wheat opens lower and holds near session lows, with May and Dec futures showing notable declines, while corn and oats slide. U S Dept of Agriculture reports hogs at 28 900, cattle 9 000, vealers mixed, sheep 10 000 with buyers cautious and prices steady to lower on several classes.
The New York foreign exchange market remained steady on December 22 with key rates for Great Britain at 4.91 5-16 dollars and 4.90 5-16 for 60 day bills. Cables and other nations showed varied demands across France Italy Belgium and Germany with numerous cross rates and travel figures.
Potatoes in Chicago report show 63 on track 267 total U S shipments 417. Idaho Russet Burbanks U S No 1 2.50 771 2 U S No 2 2.05. Colorado red McClures U S No 1 2.45 65. Wisconsin round whites U S No 1 1.85 2.00. Florida bi crates Bliss Triumphs U S No 1 2.00 U S No 2 1.75.
Stocks recovered from Monday declines with gains of 2 or more points for many leaders. Trading was light with about 1 750 000 shares moved as investors rotated into copper steel and other sectors while worries over auto parts strikes diminished and bonds rose. Leading gainers included Anaconda Kennecott Phelps Dodge U S Steel Bethlehem Republic and Chrysler among others.
Liverpool reports 50,000 bales including 23,700 American with spot prices three points lower and futures closing steady. Quoted levels show strict good middling 7.73 and related grades, with December to October futures listed from 6.69 to 6.37.
Chicago report shows live poultry prices steady to firm across 2 cars 17 trucks with hens 41 2 cents per pound and various weights for Leghorn Plymouth Rock White Rock and colored breeds. Dressed turkeys also steady to firm with young hens at 22 cents per pound and toms at 18 1 2 to 21 1 2 cents for different sizes.
Butter prices hold steady at 7,945. Eggs mixed with unsettled early trading and varied grades for cars and local sales. Current receipts and refrigerator items listed with small price changes and differing grade classifications.
Mrs J G Bell and Mrs Eva Parish of Monroe attend funeral in Little Rock for their brother Thomas L Hooter who died there Monday. Funeral arrangements follow a week after a Pineville Louisiana service for their brother in law Joseph Ferry. L H White aged 65 died Saturday at home in Ansley after a long illness with survivors including his widow two brothers Tom and Andy White of Texas and sister Mrs Mattie McConathy of Jena.
Notice states the Monroe Band & Gravel Company Inc is dissolved by consent of all stockholders. Allan Scholars of Monroe Louisiana acts as liquidator. Date December 22 1936. Sheriff sale Notice for Central Savings Bank & Trust Co Trustee v No 23428 seized property Lot 36 Square 9 Fairview Subdivision Monroe La to be sold January 23 1937 cash with appraisement to highest bidder.
Nicholas G. Van Sant, a Civil War veteran who also served in World War I trenches, marked his 90th birthday at home in Sterling Illinois. He browsed a 28 page Sterling Daily Gazette tribute edition, and walks downtown daily while reading about veteran affairs.
Notices announce foreclosures and seizures by Homer National Bank Home Owners' Loan Corp and W A Harrel in Ouachita Parish. Descriptions include Lots 1-2, Square C Lover's Lane Monroe. Block 4 Par goud Place, Monroe. and a parcel on South Grand Street near Old Bay Headright line. Dates cited Dec 22 1936 through Jan 20 1937.
A historical classified index lists sections for dressmaking, radio repair, hauling, contractors, building materials, electric works, painting plumbing roofing and sheet metal, employment ads, miscellaneous items, musical instruments, farm items, pets, and real estate. It outlines categories and page references for buyers and sellers seeking services or listings.
The Ouachita National Bank stockholders in Monroe will hold a January 12, 1937 meeting at ten in the morning in the Directors Room to elect a Board of Directors for the year and to transact any business brought before the meeting. W C Oliver vice president and cashier announces.
Bids due January 11, 1937 at 10:00 A M in Monroe Louisiana City Hall for 120 Eva fireproof pole type outdoor capacitors 2300 volt three phase 60 cycles with hangers lifting eyes braces and all internal connectors. City reserves right to reject any and all bids. By P A Poag Secretary Treasurer. December 22 29 1936 January 5 1937.
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