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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 23, 1930
Page
12
The Associated Press reports a quiet pre holiday session with prices fluctuating narrowly. March futures fell to 9.84 cents before recovering on shorts covering, with May around 10.23 cents. Exports for the day totaled 55,950 bales as highs softened and late trading eased.
Early declines in cotton came amid further liquidation and Southern selling. Light demand and late rebuying left prices near the day’s lows before partial recoveries. May and Dec contracts ended steady to down, with spot cotton quiet at middling around 9.80 cents. In Chicago, wheat rose on Liverpool gains, while corn edged up then faded. oats and provisions moved little.
Cotton trading in New Orleans remains largely even with a steady tone as holidays approach and the first notice day on January 26 looms. News is sparse, prices hold with small losses, while traders eye stock market signals for direction and exporters report reasonable export sales and replenishment needs.
Cotton spot and sales show steady demand as prices firm across grades. American middling closes around 6 48d to 6 05d with various middling and low middling levels. total sales near 2,000 bales including 900 American receipts. futures steady in December through October contracts.
New York December 23 foreign exchanges irregular with demand for Great Britain at 485 1 2, France 392 13 16, Italy 523 3 8, Belgium 13 96 1 2, Germany 2381 1 2, Norway 26 73, Greece 1 29 1 4, Brazil 9 70, Tokyo 49 63, Shanghai 35 25, Montreal 99 71 8, Mexico City 47 40 gold peso, Great Britain in dollars and others in cents.
Hogs receipts 34 000 with 7 000 direct demand. prices steady to slightly lower on light weights. medium weights 26 to 250 pounds 7 75 to 8 00. heavy 7 50 to 7 85. Cattle receipts 8 000. steers good to choice strong to 14 75. vealers higher. Sheep 13 000. lambs steady to firm with better grades and prices from 7 25 to 8 50 for light weights.
Stocks show irregular movement with leaders fluctuating. Bonds remain heavy and rails weak while commodities vary. Foreign exchanges uneven as France edges higher. Cotton and sugar steady with Cuban support. Coffee rises amid trading restrictions. Wheat firm with better Winnipes market. Cash trade weak while cattle advance and hogs hold steady.
New Orleans reports show oranges in good demand with Creole sweets at 2.00 to 2.80 and Navels 3.35 to 5.85 per box on the fruit exchange. Half boxes of mandarins 1.00 to 2.00. Moderate demand for apples with Delicious 2.50 to 3.25 and Winesap 2.49 to 2.50. Cranberries unchanged at 3.65 to 3.75 per quarter barrel box. Cocoanuts 4.00 per hundred. Potatoes steady at 2.10 to 2.25 for Brown Beauties and 2.10 to 2.15 for Idaho russet Bur banks. Onions slightly weaker. yellows 1.50 to 1.65 and reds 1.69 to 1.75 per 100 lb sack. Cabbage 1.25 to 1.50 per 100 lb. Rutabagas steady at 2.00 to 2.25. Lettuce firm at 3.50 to 4.00. cauliflower 1.75. Six basket crates Cuban matoes 2.25 to 4.00. Small beans 6.00 per bushel. spinach from Texas about 0.90. Bunched vegetables generally steady. beets 0.30 to 0.40 per dozen. carrots 0.20. mustard 0.30 to 0.50. shallots 0.26 to 0.25. spinach 0.30. turnips 0.38. Monday Louisiana shipped 4 cars oranges, 2 cars mixed citrus, 1 car potatoes.
Butter and eggs prices listed in Chicago on December 23 show butter at 9 725 with weak creamery extras and varied grade scores per standard scales. Eggs at 41 175 steady with multiple firsts and graded levels, including fresh graded firsts and refrigerator grades.
Tonight the Paramount theatre hosts a community Christmas event with a non costly gift exchange organized by manager Harry Rice. Businessmen and citizens will place gifts on a tree and messages will be read from the stage as a musical program and carol singing unfolds.
New York trading steadied after earlier losses as rails led a broad recovery. Major rails posted gains while others like American Tobacco and Union Pacific rose, Auburn rallied from a bottom, and copper prices advanced. Holiday demand and year end inventory weighed on activity as Ford shut down until January 5.
Two damages suits were filed Tuesday in district court. W. K. Shannon sues Yazoo and Mississippi Valley Railroad for 10520 for injuries from a July 17, 1930 collision at the Vicksburg crossing that left him with a broken rib and head injuries and 27 days in hospital. Clement Sand and Gravel Company and Hugh Blackwell sue jointly in an agreed settlement. Blackwell suffered a fractured kneecap and stomach injuries May 7, 1920 while tightening a turnbuckle for 24 a week, with compensation totaling 717.60.
Police report one Farmerville fugitive flagged a car near Dixson and forced the driver toward Texas. Another bandit held up a preacher on Mansfield road near Shreveport. Investigators pursue a wounded suspect near Leesville as a third state entry is suspected.
The Lions club held its noon meeting featuring a Christmas tree celebration. Gifts with humorous character were distributed by Philip Bernhardt as Santa Claus. Tom Fortenberry, Capitol Theater manager, presented the gifts. A prior collection was turned over to the Welfare association.
Tarzan demands the fate of his wife and confronts Werper after learning jewels were stolen. A Congo Free State officer orders Werper seized while Tarzan holds the Belgian captive, and Werper tempts Tarzan with a hint of his wife’s last sighting.
Tarzan wrestles Werper free as soldiers close in and rush the barricade. He crushes a foe with a punch and hurls through the line, rifles ripped from attackers, then a blow from behind halts his dash toward the jungle.
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