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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 29, 1931
Page
8
In New Orleans on December 3 the cotton market showed moderate activity with a narrow range and an upward tilt as stocks improved. March hit 6.44, May 6.61, and July 6.77, rising 5 to 6 points, later May 6.62 and July 6.78, with March at 6.44 again. exports today reached 66,532 bales.
On December 3 New Orleans market notes Mexican tomatoes valued at 4.50 to 4.75 per lug box, Texas lugs 2.25 to 3.00, iceberg lettuce 3.50 to 4.45 per crate, and Florida spinach 2.09 to 2.25. Cuban okra 2.50 to 3.50 per bushle, cauliflower 2.25 to 2.90, Maine potatoes 1.40 to 1.50 per 199 pound sack, northern onions 3.75 to 5.00 per cwt, Louisiana sweet potatoes 1.00 to 1.10, and citrus ranges include Louisiana oranges 2.30 to 3.90 with other grades 1.50 to 2.00. Price points for mandarins, tangerines, beets, carrots, turnips and mustard are listed at modest per-dozen or per-unit rates.
Chicago trading shows mixed hogs with declines to 19 lower and cash bids around 2.00 off. Cattle and calves meet heavy supply with lower bids, vealers steady and best heavy steers near 9.50. Sheep and lambs stay largely steady with lambs 5.25 to 6.25 per hundredweight and ewes at 1.58 to higher ranges.
Foreign exchange desk reports demand and cables for major currencies and the latest quotes. Great Britain 3 41 1 2, France 3 31 11 16, Italy 5 0 % 5 0 9 1 2, Belgium 13 91, Germany 23 79, Switzerland 19 50, Argentina 25 73, Brazil 67 1 2, Tokyo 36 95, Shanghai 33 25, Montreal 1 %, Mexico City 40 50. Note demand rates are nominal.
Spot cotton in Liverpool remained quiet with seven points lower quotes across grades led by American Strict Good Middling at 5.84 and Good Ordinary around 4.64. Receipts stood at 46, bales 31.10. futures closed steady, with Dec 5.0, Jan 4.94, Mar 4.92, May 4.91, Oct 4.96, Dec 5.00.
In Chicago on December a poultry market shows alive birds selling steady to strong while carload counts reach 3 cars and 45 trucks with prices unchanged across the board.
The Koskuska and Southeastern Railroad Company asked the Interstate Commerce Commission to abandon its entire line in Attale County Mississippi. The line connects Kosciusko with the Illinois Central and runs about 16 miles to a lumber mill, which had ceased operations, indicating no further need for the road.
Chicago grain prices moved upward early this morning as securities steadiness and reports of a wet harvest in Argentina supported futures. Wheat opened unchanged to up 1/4 and later rose. corn started 1/8 to 1/2 higher and held near the initial gains.
Chicago buyers report unsettled batter prices at 13 767 for creamery specials and extras with varying scores. Eggs show unsettled quotes for extra firsts and fresh graded firsts as market jitters persist across grades and formats.
Chicago December 2 produce notes show U S potato shipments at 233 million cwt 33 on track 141 with weaker demand for No 2 Russets and steady prices for other stocks Wisconsin round whites No 1 packed at 80 to 85 cents per cwt with slow trading and vertical packing.
Senator Ashurst a Democrat of Arizona calls attempts to modify the prohibition laws a ridiculous waste of effort. He withdraws from a Senate judiciary sub committee hearings on the subject and defends his votes for the 18th amendment Walstead act and anti beer measures saying the people want jobs not jags.
Burglars broke into Iron Mountain Grocery at 1900 Railroad Avenue and stole an undetermined amount from the safe. Only a small amount of merchandise, if any, was taken.
H H Gribbs of 1120 Mississippi Street reported a battery stolen from his Chrysler roadster. The vehicle was parked at 2500 Lee Avenue at the time of the theft.
James Villanti of Monroe rapid recovery from recent operation at St. Francis Sanitarium. He is connected with the city sanitary department.
The University of Arizona at Tucson launches a women’s polo team titled the Ridin’ Wildcats. Hortense Lindenfeld serves as captain of the new squad.
The New York stock market advanced after tax selling eased, with rail, chemical and utility shares leading gains. Notable rises included New York Central, Santa Fe, Norfolk and Western, Union Pacific, American Telephone and Du Pont, while the market remained broadly active.
Rev. Dr. Edmund A. Walsh of Georgetown University condemned Soviet Russia for confiscating church property and imprisoning clergy since 1917. He cited declines in church infrastructure and warned visitors cannot gauge repression beyond Moscow tours. He urged that church persecution continues amid a long era of faith.
In Oklahoma City the state executive committee met to plan the state convention as Gov. Murray seeks rapid pledging for the presidential nomination. His opponents accuse him of trying to precipitate the delegation. They aim to delay the convention until after the Norman meeting of the State League of Young Democrats on February 22. The anti-Smith faction from 1928 is said to be aligned against Alfalfa Bill Murray.
Aaron Peacock II son of Mr and Mrs M L Peacock died in a local hospital this morning from pneumonia. He leaves four brothers and four sisters besides his parents. The funeral will be held at the Luna residence tomorrow morning at 11 oclock with Rev R H Owens officiating.
In California frost and flood toll rise to four. Gardner Hale the New York painter died when his car left a mountain road near Santa Maria. Mrs Grace Wright of Los Angeles drowned after falling from a stalled bus into flood waters near Redlands. Mr and Mrs John P Vilaya died in an overturned car at San Pedro. Long Beach sees over 500 families displaced as water fills homes.
Clarence Darrow said he would withdraw from the Scottsboro defense unless allowed full control of the eight defendants. He would depart for Chicago at noon if other counsel, including NAACP reps, remain in charge. The eight men, sentenced to death last April for alleged train assault, face a January 18 Supreme Court appeal.
Two persons with peace warrants were in the city jail awaiting Judge W. M. Harper's action this afternoon. C. N. Pugh, named in a warrant by Judge Charles Schulze of the Louisiana Training Institute, was arrested December 24 on assault charges and held. bond possible today. J. A. Breen is held on a warrant from Shelby Johnson.
Six large Christmas cakes with icing were donated to the Monroe Welfare Association by Bond's Bakery Inc along with breads buns and rolls. A local man gave a box of underwear for children. Preparations began to move the welfare group from 307 North Second Street to the Meyer Building at South Grand and Grammont Streets.
Effective January 4, freight rates will rise on many commodities in carload lots. Increases include six cents per ton for gravel stone pulpwood and related materials, twelve cents for stone and lumber products, and one cent per 100 pounds for several fruits oils and vegetables. A full list is available from H. J. Ferrandez Monroe Traffic Bureau manager.
A sequence of legal notices from Milton Coverdale Sheriff detailing sheriff's sales in Monroe Louisiana Ouachita Parish. Auctions list properties by section and parcel, with sale dates January 1932 and descriptions of land and fixtures to satisfy court judgments and mortgages.
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