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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 22, 1936
Page
9
Cotton futures at New Orleans eased into the holidays with limited selling and steady closes. Prices for January to October ranged around 12 cents, with spot cotton closing seven points down at 11.36 for low middling and 13.06 for good middling, as receipts rose to 13 864 and stock held at 775 825.
In New York on December 22, cotton traded quietly as pre holiday influence constrained activity. Liquidation by commission houses and foreign selling supplied the demand mainly on trade accounts. March futures fell from 12.18 to 12.14, trading around 12.15 mid afternoon. overall futures closed steady to 5-9 points lower while spot middling stood at 12.71.
Sugar futures were mostly steady as liquidation triggered by notices pulled down the spot month 7 points to 2.86 before a late rally to 2.90. March traded at 2.87 and July at 2.93 with the market finishing barely steady and mixed moves across other months. Sales totaled 11,450 tons with several contracts quoted around 2.86 to 2.92.
In New Orleans on December 22, cottonseed oil closed steady withBleachable prime summer yellow at 10.95 to 11.15 and prime crude 9.75 to 9.87. Prices for December through July futures in New York eased barely steady with multiple contract quotes around 11.0 to 11.3.
New York stocks firm with copper leading as a recovery hint. Bonds mixed with several corporates rallying. Curb higher and oils utilities and industrials rise. Foreign exchanges quiet with sterling and francs higher. Cotton barely steady with lower cables. Sugar steady with trade buying. Coffee quiet with commission houses supporting. Chicago wheat weak after government report. Corn lower with wheat sympathy. Cattle steady to weak. Hogs steady to slight up with top at 10.30.
Wheat prices slipped after official confirmation of large seedings with December and May futures retreating from early losses. Corn and oats fell modestly while rye declined. hog and cattle markets showed mixed results with fats steady to higher for some weights, vealers easing and stocker trade thin amid limited demand. Sheep remained weak with bonafide buyers scarce and feeding lambs in short supply.
New York firms quote steady foreign exchange. Rates show Great Britain at 4.91 5-16 dollars, France 4.67 3-8, Italy 5.26 1-2, with numerous other currencies and travel demands listed, including Belgium, Germany, Switzerland, and Japan.
Potatoes on track 267, total U S shipments 417. Idaho Russet Burbanks U S No 1 2 50 U S No 2 2 05. Colorado McClures U S No 1 2 45 Russet Burbanks U S No 1 2 45. Wisconsin round whites U S No 1 1 85 2 00. No 2 0 90. Florida crates Bliss Triumphs U S No 1 2 00 No 2 1 75. Colorado red MecClures U S No 1 2 45. Northern stock steady. demand fair.
New York trading ends with a relief bounce as investors buy back oversold shares and push indices up several points. Bonds improve while copper and steel leaders lead gains. auto parts and steel centers still face strike concerns though nerves ease. Transfers around 1,750,000 shares.
Liverpool market reports cotton prices steady for futures while spot prices fall three points. Quotations show American grades with strict good middling around 7.43 and middling near 6.93, with various other grades listed. Futures closed steady with December to October contracts ranging from 6.61 to 6.87.
Chicago poultry markets show live poultry steady to firm with varied weight shifts. Hen prices rise to about 41 1/2 cents per pound, leghorn and Plymouth Rock varieties move within 11 to 16 cents, turkeys and ducks list multiple weight classes with hens and toms up to 19 cents for capons, and No 2 turkeys around 16 cents.
Butter prices steady at 9 7? 9 5 45 cents per pound with unchanged trend. Eggs quotation 5 9 8 0 per case for extra firsts and current receipts 2 7 1 2. refrigerator extras 2 7 1 2 and standards 3 7 1 4. local market receipts and graded firsts cars noted.
Funeral services for Thomas L. Hooter held in Little Rock after his death in Arkansas. Monrose kin attend, with prior funeral in Pineville, Louisiana for a brother-in-law. Also notice of L H White of Ansley funeral, survivor details, and a sheriff sale announcement in Monroe, Louisiana involving the Baca Gravel Company dissolution and property seizure.
Nicholas G Van Sant the sole Civil War veteran who also saw WWI trenches celebrated his 90th birthday at home in Sterling Hl reading a 28 page Sterling Daily Gazette special edition about him. He walks downtown reads avidly and follows veteran affairs closely. SHERIFF'S SALE notices show Monroe La properties seized under writs of seizure and sale with dates 1936 1937. The ads list real estate and financial notices from Ouachita Parish and Monroe Louisiana.
A heated exchange describes blame over a sled left by a woman. Accusations focus on a rushing action and potential confrontation. A hand grab and a braced stance to strike are noted, with a pocketbook left nearby as if to aid a free hand.
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