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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 27, 1933
Page
19
Cotton market saw prices largely steady with minor gains as trades closed mid afternoon on Dec 22. Futures contracts held by spot and nearby months with net gains around 19 points while some grades showed limited selling and steady receipts in New Orleans and New York quotes.
New York traders driven by gold buying and higher commodity prices pushed stocks, metals, and curb shares higher while tobacco issues faced a sharp decline. U S Steel and big industrials rose modestly, with foreign exchange and bond markets firming amid year end activity.
Butter prices range from 16 1 2 to 17 3 4 for extras and firsts with 93 score creamery butter at 16 3 4 to 17 3 2. Eggs trade at 15 3 4 to 17 1 2 for graded firsts and fresh receipts. totals show 4 026 eggs traded and steady demand.
The notice records category prices and quotes for Boo Dec. 22.4 and related months including 12500 Amer with entries listed as strict good middling and other grade terms. Prices shown include 5.25 and 5.10 for certain grades and 4.35 to 5.13 across various months and grades.
Chicago grains show a sharp start with wheat leaping five cents per bushel to the daily limit amid active buying tied to remonetization of silver. Corn and oats rise modestly while provisions hold or gain slightly, as traders react to opening bids and early market momentum.
Chicago market report lists hogs at about 2 000 head with 17 000 direct. weights under 220 lb up 5 to 15. packing sows 2.35 to 3.50. pigs 100 to 130 lb 2.25 to 2.15. Cattle and calves: demand for medium to heavy steers remains active. steer 550 to 1300 lb 5.00 to 6.50. vealers 4.25 to 5.75. sheep 10 000 head steady for fat lambs. ewes 99 to 150 lb 2.25 to 3.50.
Foreign exchanges are strong with Britain at 5.11 in dollars and cables, France at 6.15 to 6.13, Italy at 8.21, and various demands listed for Belgium Germany Holland Norway Sweden Denmark Switzerland Spain and others including Argentina Brazil and Mexico City. Montreal in New York 100.25, New York in Montreal 99.75.
At the Louisiana Teachers association meeting in New Orleans, Harris urged a special legislative session to raise 3 to 4 million dollars for an emergency school fund and to seek federal aid of a quarter billion dollars for education. He warned that without quick funds, shorter terms and pay cuts will worsen, noting declines in school maintenance funds and teacher salaries.
Tax collections at the sheriff's office show a shift from paper to cash in transactions. Thursday receipts totaled about 1650 dollars with 1150 in currency and the rest in checks. The note links the 1929 downturn to a broader move away from credit toward cash purchases.
The West Monroe Kiwanis Club announces its annual banquet in the basement of Fifth Methodist Church on Thursday evening at 7 o clock. About 100 persons are expected with members urged to bring their wives or lady friends. No noon luncheon will be held next week as the banquet replaces it.
NEW ORLEANS Dec 22 The Lane Cotton Mills must pay 3361.04 dollars under a supreme court ruling upholding the 1932 corporation franchise tax. The suit by Secretary of State A F E Conway was decided by all seven justices confirming the district court.
Funeral services were to be held in Alexandria for Mrs. Robert P. Hunter 87 sister of former US Senator Joseph E. Ransdell who died at her Pineville La home yesterday. She was born at Elmwood plantation near Moreland in Rapides parish.
Roy Rosenberger, a 45 year old sign painter, died when his private plane crashed at the South Main street airport in Houston at dusk yesterday. He had been aloft about 45 minutes before the accident from an altitude around 200 feet. Airport attendants described the scene and the timing of the fatal flight.
Call money steady at 1 percent all day as time loans hold firm with 60 days at 3 4 to 1, 90 days 1 to 1 1 4, and 4 6 months 1 1 4 to 1 1 2 percent. Prime commercial paper remains at 1 1 4 percent and bankers acceptances unchanged.
Classified index from Morning World World ANL list of want ad categories and numbers across categories such as LEGAL NOTICES BUSINESS SERVICES EMPLOYMENT MISCELLANEOUS FARM GOODS REAL ESTATE RENTALS AUTOMOBILES with classifications arranged alphabetically and by group headings for quick reference
A fragmentary ledger item from Monroe Louisiana lists numerous dates and codes including December 1b through 20, 33, 23, 24, 36, and January 1934. The sequence includes identifiers such as 1033 8920 LL and cryptic month entries.
The new postoffice saw a peak parcel volume on Thursday with 556 packages processed, up from 500 the previous day. Officials note Thursday's volume was about 2.5 times the 1932 peak, and expect a drop on Friday. A UK officer Maj Angus Howard R Ogilvy died in Morocco in February but was buried in England this summer. New Mexico shows 3.5 persons per square mile across 122,634 square miles.
Milton Coverdale sheriff announces sale by writ of seizure at the Monroe courthouse. On January 20, 1934 the Lot 14 of Layton's Park Fourth Addition to Monroe will be sold at public auction for cash to satisfy the writ and costs.
Mrs Smith offers shorthand and typing courses with private lessons and group options. Private lessons available by appointment. phone L Luxenberg at 1076 for details.
A fragment discusses an old maxim about going to bed early and waking early to gain wisdom, implying discipline and steady routines shape character and knowledge. The note hints at the value placed on regular schedules.
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