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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 22, 1938
Page
11
New Orleans trading shows dull activity with small advances in March May July and October contracts as pre holiday covering and foreign demand influence prices. Spot cotton closes steady up three points with sales about one thousand and stock and receipts noted.
In New York on December 22 the cotton market recovered from early January liquidation and foreign selling. March rose from 8.30 to 8.35 and traded around 8.34 mid-afternoon, with the overall list holding 3 to 4 points higher from its low.
Liverpool reports a quiet cotton market with 3 000 bales traded including 200 American. Quotations rise slightly across grades with strict good middling 5.91 and good ordinary 3.66. Futures finish 1 to 2 points lower with January at 4.84 and October at 4.49.
In New Orleans on December 22, cottonseed oil closed steady with bleachable prime summer yellow at 1.35 nominal and prime crude at 6.12 1-2-6. December through July futures listed: Dec 6.92B, Jan 6.92B, Mar 7.12B, May 7.22B, July 7.32B, B-Bid.
Light hogs gain up to 15 cents in active trade as total hogs reach 21 000 with 6 000 direct sales. Cattle trade mostly steady to 25 cents lower and lambs near steady amid strong slaughter and higher killing values, with top hog price 7.75 and varied weights for cattle and sheep trades.
No. 3 sugar futures remained generally steady on continued buying with the March at 1.94 and May at 1.99, unchanged to 1 point higher, while No. 4 reversed early losses to 1.14 1/2 for March and 1.15 1/2 for July, near best levels around 2 p.m.
River levels show a flood stage listed for today with a 24 hour change noted. The report records a stage at 14.2 feet with flood implications.
New York on December 2 reports irregular stock activity with rails rising as aircraft industries weaken. Bonds steady while rails remain in demand. cotton uneven with January liquidation and trade buying. sugar steady into spot market. Chicago notes wheat up on pessimistic crop prospects and corn down amid weak export. cattle firm and hogs up 5 to 15 points.
New York shares rose on rails while aircraft stocks fell or stalled with broad volume near Wednesday’s level. Illinois Central hit a new high, Santa Fe and other rails posted gains, while Boeing and United Aircraft lagged. Building shares held steady as 1939 prospects remained bright and bank clearings topped 7 billion dollars for the week, signaling renewed industrial and retail vigor.
Chicago wheat started modestly up on government acreage and condition data for 1939, with May trading 66 5/8 to 63/4 before settling near 66 1/4 to 67 as May and July futures closed 66 1/2 to 67 1/8. Corn opened slightly higher but closed mixed, with May futures around 52 1/8 to 52 1/2 and oats gaining.
Chicago market summary shows butter at 503 848 units with firmer creamery specials rated 93 score and various grades around 26 261 4, firsts 88 89 251 4 3 4, and eggs at 4 849 unsettled with graded extra firsts 241 2 251 2 and current receipts 23. Refrigerator extras 211 4 and standards 21 noted.
Chicago reports steady poultry trading with live birds including turkeys ducks and geese priced by weight and type. The piece notes price ranges for dressed birds and mentions state criminal penalties for murder, listing electrocution lethal gas hanging and life imprisonment with Utah allowing hanging or shooting.
Mrsse Clark Sturdivant has filed to be appointed Administratrix of the estate of T A Sturdivant. Any opposition must be filed within ten days. Notice dated December 18 1998 Monroe Louisiana with Deputy Clerk H G Propheit seal.
Eleanore Whitney smiles in Pittsburgh as she confirms marriage plans to Frederick Backer, a 30 year old assistant United States attorney in New York, set for some time in April. Pidgin has been urged as an international language in Chinese treaty ports.
Ouachita Parish Police Jury met in Monroe Louisiana on December 14 1958 with President Warren and members present. <rest of details omitted for brevity in this card>
Police Jury session in Ouachita Parish Louisiana canvassed December election results for Ward One. Propositions One and Two concerned licenses for selling alcohol with rising content, adoption cheer by majority voting, with details of precincts and official resolution.
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