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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 27, 1937
Page
7
In a holiday sparse session, March to October cotton futures rose 2 to 5 points while 500 bales were offered and then withdrawn. Prices closed steady with minor declines as exports reached 7,078 bales. Spot cotton ended 3 points lower with no receipts and stocks at 876,972.
New York on December 27 reports a thin cotton market with prices firming on moderate buying. March rose to 8.37, May 8.37, with June to August near 8.44 and 8.50. Open highs and lows mixed, futures end 1 to 2 points higher or lower. spot steady at middling 8.42.
In New Orleans and New York markets on December 27, cottonseed oil futures closed mostly lower with limited activity. Prices for prime summer yellow and crude grades moved narrowly, while January to October contracts showed slight declines and bids around 6.7 to 7.2 dollars per unit.
New York sugar markets saw quiet trading with gains in No. 3 and No. 4 contracts. January No. 3 hit 2.27, May 2.32, while March No. 4 moved to 1.18 and September 1.24. Overall No. 3 closed unchanged to lower with 2,900 tons sold.
Brazil stands out as a leading market for radio receiving sets with imports since the year’s start averaging between 6,500 and 7,000 units monthly. The figures underscore strong demand and steady growth in consumer electronics.
New York markets show weakness with steels dragging the index while bonds mix and most sectors pause. Foreign exchange steady. cotton and sugar hold. coffee buys support futures. Chicago grains rise on corn linkage. corn exports firm. cattle and hogs ease in price.
New York trading fell as steels and aircraft issues weakened, with losses of three points or more. The market faced year end tax selling and muted sentiment after Assistant Attorney General Robert H. Jackson blamed big business for the recession and signaled antitrust action. Volume was light though activity picked up late. many leaders tumbled amid a slow holiday market.
Chicago Dec wheat weakens as moisture indicators southwest imply crop gains while export demand remains light. Corn yields rise with mixed futures. oats advance slightly. Separately, a historical note recalls Simon Stevin's horseless wagon and the 260 acre Navajo monument set aside in 1909 to protect cliff-dwellings.
Marion Arkansas December 27 sheriff reports two Memphis men Theo Thomas 25 and Frank Buster Carter 26 charged with criminal assault against an 18 year old Memphis girl found near the Mississippi river. The suspects confessed and are held at the county jail awaiting arraignment as a posse recovers torn clothing and investigates the attack near an Arkansas highway.
Cordoba December 27 Six men were given life terms for the kidnaping and murder of Abel Ayerza in 1932. Five accomplices received 10 to 20 years. The Ayerza case shocked Argentina as a ransom was paid but the gang disappeared with the money and Ayerza’s body was found buried in a field.
Butter and eggs markets in Chicago on December 27 show unsettled creamery butter with varied price ranges for extras firsts and seconds across different grades. Eggs remain steady with local and refrigerator categories listing current receipts and standard prices.
In Vina California a camp of 16 buildings for 250 men nears completion as part of a statewide effort to curb cash relief. Unemployed men without families will be housed fed clothed and given medical care with no wages while transients are barred. Men may depart to seek work at will. The text also mentions Latin America trades with the United Pintad Ovares.
Newton D. Baker dies at 66 from coronary thrombosis. Funeral services set for tomorrow in Cleveland with burial at Lake View cemetery near notable figures. Tribute messages from General Pershing Secretary Hull and Woodrow Wilson family friend notes Baker as a great leader and pivotal in WWI logistics.
The page outlines the Morning World and News-Star-World classified rates and policies. It lists: minimum 0.45 per line, three line ads billed, 6 pm closing for morning editions, 7 pm for evening. Classified categories cover Lost items, Announcements, Employment, Real Estate, Automobiles and more with alphabetized group headings and numbers for quick reference.
Mrs. John White of 80 died in Jonesville and her funeral was held there with Rev. Shirley Briggs officiating. Interment followed at a local cemetery. she leaves a son L. R. White and three daughters. Miss Gwendolen Welch, 23, daughter of Mr. and Mrs. Warren Welch of Alexandria, died after a year of ill health. funeral scheduled for Alexandria.
In Victoria British Columbia the Panama freighter Beulah, listing heavily to port in a gale, fought free of reefs after one crew member went missing overboard and then proceeded toward port under its own power despite damage.
Robert Skipper of Monroe Louisiana applies for parole from a 1934 automobile theft conviction. The notice is dated December 20 and 27, 1937 and identifies Skipper as the applicant.
Public foreclosure listing for Williams Lumber Company from the Fourth Judicial District Court Ouachita Parish Louisiana. Sale at Monroe Court House January 8 1938 between legal hours of sale of multiple liens including Ed Hayes and R H Oliver to Williams Lumber Company. Sheriff Milton Coverdale announces cash terms and highest bid.
Writ of Fi Fa from City Court Monroe directs seizure of listed property for sale at City Hall front steps Monroe on January 15 1938 with cash terms and appraisement to highest bidder. Seized as property of defendants James Caldwell William Caldwell Insolido in Ouachita Parish Louisiana. Marshal B L Risher dated December 27 1937 January 8 1939.
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