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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 24, 1935
Page
7
Active cotton futures fell 1 to 4 points in late trading as traders paused for the Yule tide. December led with sharp short covering while January, March, May and July posted modest moves and exports reached 16,736 bales. Spot cotton closed quiet with slight gains amid steady markets.
New York reports the December contract closing with steady to mixed moves. January near 11.60, March around 11.32, May 11.18, July 10.97, October 10.63. Spot cotton remains quiet at middling 12.00 with no change.
Liverpool market report shows 36 000 bases with 17 100 American Soto, prices five points lower. Quotations for American cotton range from strict good middling 7.05 to good ordinary 5.50, with futures listed for Dec to Oct. The market will be closed until Friday Dec 27.
A slow Christmas Eve trading session featured selective buying that lifted several issues to new five year highs and left the market with a firm close. Chrysler and Owens Illinois rose while American Telephone weakened. a broad list of rails utilities and steels held within narrow ranges amid profit taking and a muted foreign exchange scene.
New York reports firm stock market with gains in steels motors and special ties while bonds improve and utilities and mining rise. In Chicago wheat mixed with December seeming cornered. corn down on weak demand. cattle steady with top at 14. hogs up 15 to 40 cents with top at 10.15.
Chicago grain markets opened with weak activity as wheat eased from 1-4 to 1-2 cents up and later sagged. May wheat hovered around 99 1-4 to 3-8, while May corn fell to 59 5-8. Oats held steady to 3-8 lower, and provisions rose about 10 cents.
Chicago December 24 USDA reports United States potato shipments total 380 on steady trend with moderate supplies and light demand. Prices vary by variety: Idaho Russet Burbanks U S No 1 1.75 1.85 per cwt. fair quality 1.55 1.65. 15 lb sacks 2.09 per cwt. Wisconsin round whites 1.10 1.15 commercial 1.00. Michigan Green Mountains 1.35. mixed russet rurals and Green Mountains 1.20. Red River cobblers 1.15 1.25. Bliss Triumphs 1.35. Minnesota sand land cobblers 1.05. Colorado McClures 1.35 1.55.
Poultry closes with firm live trades and unchanged dressed turkey prices. Hens under 4 1 2 pounds move to 20, 4 1 2 pounds up to 22, Leghorn hens 16, Plymouth and White Rock springs 25, colored 23 24, Leghorn chickens 18, roosters 15, hen turkeys 26, young toms 22, old 20. Capons 6 7 pounds at 28. Ducks 23, small 21, geese 18 SOUTHERN geese 20.
New Orleans spot markets closed steady for cotton seed oil with prime summer yellow at 10.05 to 10.25 dollars and prime crude from 9.12 to 9.25. Futures show Dec at 10.30x, Jan 10.25x, Mar 10.25x, May 10.26x, July 10.29x with options expiring at noon today.
The market shows steady foreign exchange with Britain at about 4.92 and 4.91 for bills, France near 6.58, Italy around 8.07, and multiple cross rates listed for Belgium Germany Holland Norway and others. Various nominal figures appear for global currencies including Japan China and North American routes.
Butter prices from Chicago trading show creamery specials at 33 1 2 to 34 for 93 score, extras 32 1 2 to 3 4, firsts 31 1 2 to 92 1 4, seconds around 30 1 2, standards 33 2 3 4, unsettled items 26, fresh graded firsts 25, current receipt 221 4, refrigerator extras 18 3 4, and overall unsettled market with varying scores and classifications.
An English educator argues that formative lessons learned from ages ten to eighteen linger longest. The reflection emphasizes practical knowledge, resilience, and critical thinking acquired during adolescence.
The Rivers Daily reports a 24 hour change in river levels with updated readings. Observers note shifting water flow and potential impact on nearby communities and shipping routes.
A pageant titled Gift of Magi was presented by the Young People's Epworth League at the Methodist church in Oak Grove Louisiana on Sunday afternoon. Miss Roberta Reeves and Mrs. Lonnie Bailey directed the event, with 25 league members in the cast.
The Commerce Department reports Brazil cotton exports reached 106 502 metric tons in the first nine months of 1935, up 41 percent from 1934’s 75 425 tons. An eclipse note and scattered OCR gibberish follow, including company names and ad-like text.
Hogs 14000 with 4000 direct up 15 to 40 cents. light weights top at 10.15, bulk 170-250 lbs 9.85-10.10, 260-300 lbs 9.60-10.00. best sows 9.00. Cattle 6000, calves 1500. best steers and yearlings steady to 13.00, top 14.00, best yearlings 13.50, common grades down to 8.00. Sheep 12000 active, lambs 11.50-11.90, bulk 11.75 up, yearlings 10.00, ewes 4.50-5.25.
Classified notices list multiple seizure and sale actions from Ouachita Parish Fourth District Court. Properties include Lot 1 Block 3 Arent subdivision Monroe and Lot 5 Block 4 Arent subdivision G W Miller tract. Sales occur at Monroe courthouse, December 28, 1935, with terms cash.
In Monroe Louisiana on November 26 and December 4 11 18 24 1935 the Fourth Judicial District Court handles Succession of Nicholas Margaritis alias Maregos. Mulhearn Funeral Home petitions for letters of administration to Peter S Mulhearn and a show cause order is issued with ten days to respond.
A three-quarter diamond ring went missing between Palace and Morgan Lindsey. The mounting is broken and the piece was wrapped in paper when found. A liberal reward is offered. Contact phone 881.
Mathew Hollins is named in a court action for the seizure and sale of a parcel of ground in lot seventy-six of Filhiol's second or Guinea addition to Monroe Louisiana. The description runs from the southwest corner along Congo street north 35 feet then east to the lot line and back to the east line, including all costs.
Call money steady at 3 to 4 percent all day. Prime commercial paper 3 to 4 percent. Time loans steady with 60 days to 6 months at 1 percent offered. Bankers acceptances unchanged. Rediscount rate at New York reserve bank 11 to 2 percent.
Local used car lot operates at the corner of Second Street and Washington Avenue. Telephone contact listed as 2345 for inquiries and listings of available vehicles.
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