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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 28, 1938
Page
9
The market absorbed domestic and foreign demand with light liquidation. March to October futures edged up 5 to 6 points, and overall session closed 11 to 14 points higher as demand remained scarce and exports topped 19,970 bales. Spot cotton finished 7 points higher with varying grade quotes.
Liverpool on December 28 reports 10,006 bales traded including 1,600 American. Spot quotes fall two points with American good middling 5.92, strict middling 5.37, middling 4.22, low middling 4.47, good ordinary 3.67. Futures rise 2 to 3 points with January 4.9 and May 4.82.
In New Orleans on December 28 cottonseed oil prices held steady with bleachable prime summer yellow at 7.35 nominal and prime crude at 6.12 to 6.37. Bid prices appeared for January at 6.91b and March at 7.14b, with May 7.27b and July 7.36b.
Chicago wheat futures climbed 1 to 2 cents early as a second cold wave forecast supported gains. May wheat opened 68 to 68 1 4, July 68 to 68 1 8, corn up 1 8 to 1 4, May 52 5 8 to 3 4, July 53 5 8. Close shows wheat 3 8 to 3 4 higher, corn 1 4 to 1 2 up, oats 1 4 to 3 8 higher.
New York stocks showed strength led by aircrafts and industrials while bonds were mixed. Foreign exchange stayed narrow with sterling and French currencies stable as cotton and sugar movements influenced demand in a cautious market. Chicago noted a colder wave with corn firm and cattle and hogs altering slightly.
New York stocks rose after an early setback as aircraft and defense-related shares led a broad rally amid renewed armament spending hopes. Traders anticipated year end tax sales and tax adjustments, with Electric Boat, Bendix, Bethlehem, Boeing, Douglas, United States Rubber, Cerro de Pasco and Westinghouse among big gainers.
Hogs 20,000 head with 2,500 direct. early higher then steady areas, top 8.00, most 7.80 to 8.00 for 160-225 lb and 7.35-75 for 230-260 lb. Cattle 9,500, calves 1,000. steers and yearlings steady to firm with highs around 13.65 for light steers and 12.50 to 13.50 for some loads, medium grades down to 7.50. Sheep 9,000 with fat lambs active and higher, wooled lambs 9.00-9.50, ewes 3.75 to 4.25.
Chicago market update shows butter at 102.061 for two days unsettled with prices unchanged. Eggs listed at 5.436 for two days steady with refrigerator extras at 22 1-2, standards 22 1-4, firsts 22.
Keene New Hampshire launches a bicycle safety drive with citizen registration plates and a parade of 49 cyclists. Schools form safety clubs and hundreds pay 25 cents for aluminum plates to aid police in identifying stolen bikes.
In Benton Kentucky Marshall County lists six generations with Mrs Bud Siress 54 as youngest great grandmother. The line runs from Mrs Pilina Thompson 88 to Mrs H A Allen 15 mother of a three month old son.
Poultry live and dressed prices listed with changes for various weights and types. Hens, broilers, and ducks show increases or stability. turkeys mixed with some declines in larger categories. Prices for geese and white poultry largely unchanged.
New York stock exchange reports sugar futures, especially No. 4, showing steadiness on covering and trade buying. March No. 3 traded around 1.93 and March No. 4 rose to about 4.15 1 2, remaining near that level at 2 PM.
The regular annual meeting of Monroe Grocer Company Limited will be held at 501 Walnut Street on Wednesday January 4 1930 to elect a Board of Directors and transact other business. M Washburn secretary.
In Ouachita Parish Louisiana Milton Coverdale as sheriff sells at public auction the Lot Ten of Block Nine of Maryland Addition Monroe to satisfy a writ of seizure from the Fourth District Court. The sale is cash with no appraisal and will be held at the western front door of the Monroe Court House on Saturday January 28 1959.
Sheriff sale of Lot Four Block Seven in G W Miller’s Second Addition Monroe Ouachita Parish Louisiana. Writ of seizure and sale issued by Fourth Judicial District Court. Sale set for January 28 1939 with costs listed and times noted in notices from December 28 1938 to January 26 1938.
A lost two key ring with door keys and Yale keys was found. One key bears the mark mart er key. A reward is offered for return to G B Cooley.
A dense listing of classified ad categories including misc trades employment rentals real estate automobiles and services. Entries reference cleaners carpenters contractors painters plumbers roofing electric works fishing equipment musical instruments farm items livestock and related services with numerous subcategories and numbers.
About two weeks ago a light tan mule with a black stripe down its back was taken in. Captain Hundrey at Claiborne school West Bonmor reports an overcoat was taken by mistake from a MHA club and can be exchanged at Pink Taylor. A loaf of bread and other goods are noted in the mix.
An advertorial notice explains a Losers' Service Bureau for lost articles in The News Star and Morning World. It invites readers to call 4806 to report found items and offers free listing to advertisers to assist owner recovery.
The News Star World offers a free rooming information service to assist people unfamiliar with streets. It advertises locating a lost suitcase containing ladies apparel and identification papers and offers a contact via phone number 1282.
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