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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 29, 1937
Page
9
New Orleans cotton markets eased under holiday caution with near contracts down 2 to 5 points while distant positions posted larger declines on liquidation and hedge selling. Exports reached 22 221 bales as trading remained quiet and prices closed barely steady. Spot cotton also closed modestly lower with low middling around 6.94 cents.
New York traders report ongoing liquidation as foreign selling pressurizes cotton. Prices slip across months with March recovering briefly, futures closing several points lower. spot middling at 8.29, with nominal close near 8.20 to 8.35 depending on month.
Liverpool reports mixed cotton trading with 28 000 bases including 11 200 American and prices down six points in spots. Quotations show American grades from strict good middling 5.57 to strict good ordinary 3.52, with futures closing quiet and January at 4.62 and May at 4.72.
Bleachable cottonseed oil futures finished modestly higher to lower with 149 contracts changing hands including 6 switches. Prices listed for January through July show slight shifts from last session with bids around 7.93 to 7.12 per barrel.
New Orleans reports steady cottonseed oil prices with bleachable prime summer yellow at 690 nominal. Prime crude trades between 5.75 and 5.87 while futures for January through October list from 6.60 to 6.71 per unit.
Sugar futures showed activity with No. 3 contracts slipping on liquidation while No. 4 held near unchanged as trade buying supported the market. March No. 3 declined to about 2.26 and May to 2.27 with others around 2.27 to 2.29. No. 3 settled 1 to 2 lower. Prices listed for January through July contracts.
George Aitken 58 who calls himself Pam bara the Snake Charmer says his venom is strong enough to kill a man. He spoke as he recovered from a leg amputation after doctors diagnosed slow snake venom poison in his swollen leg. He said he had been bitten by poisonous snakes about 200 times in forty years with carnival shows.
New York trading shows mixed stocks with industrials in demand and bonds steady. Curb markets uneven while specialties and utilities ease. Foreign exchange steady as franc declines. Cotton and sugar slide. coffee and Brazilian markets hold. Chicago grain shifts with wheat down and corn up. livestock mostly soft with hogs down 10 to 15.
In New York trading renewed prospects for an enlarged naval program pushed aircraft steel and other heavy industry shares higher while most other groups lagged. Bethlehem Steel led decliners? no, gains with U S Steel Boeing Douglas Aircraft Westinghouse and other majors also advancing as the day wore on.
Chicago grain prices opened firm on a rumor of British grain safeguards but soon eased. Wheat May and July futures slipped from early gains while corn and oats stayed near unchanged with minor moves overall by session close.
Hog market opened 15 to 25 cents lower with top 6.50. Good and choice corn fed hogs 180 to 210 pounds 6.25 to 6.50, 150 to 170 pounds 5.50 to 6.00, 130 to 140 pounds 5.00 to 5.50. Sows 5.00 to 6.60, common woods sows 3.19 to 4.00, medium grade hogs 50 cents less, soft and oily kinds discounted one dollar per hundred. Cattle market steady with good corn steers and heifers 6.00 to 7.00, grass steers 800 pounds+ 4.50 to 6.00, mixed yearlings and heifers 4.00 to 5.50, common 3.00 to 3.50, cutters 2.50 to 3.00, canners 2.00 to 2.50, good sausage bulls 3.75 to 4.00, heavy kinds up to 5.00, common jersey bulls 2.00 to 3.50. Veal market 25 cents higher top 8.00, good choice vealers 150 to 200 pounds not over eight weeks old 7.50 to 8.00. Fair kinds 3.50 to 4.00, aged common rannies 2.50 to 3.50.
Butter totals 5,633 pounds with weak creamery specials at 33 3-4 to 34 1-4 cents per pound. Extras 92 33 1-4, firsts 88-89 range 30 1-4 to 31 1-4, seconds 84-87 1-2 at 28 1-2, standards 90 centralized car rots at 2 1-4 cents. Eggs 4,446, steady with refrigerator extras 21 1-2, standards 21 1-4, firsts 20 3-4, other prices unchanged.
Chicago December 2 live poultry markets report shows one car and 52 trucks moving Leghorn chickens 18 and young tom turkeys 20 pounds with hens under 4.5 pounds at 19.5. Dressed market remains firm with prices unchanged.
Missouri Pacific reports annual operating costs up by more than 15 million since 1932 due to higher wages taxes and material charges. A pamphlet explains the figures and the railroad’s 15 percent freight-rate request before the interstate commerce commission as a typical industry burden.
Public sale notices list several Ouachita Parish cases with the Sheriff Milton Coverdale. Properties include Lot 1 Square 88, Lot 2 Block 8, and a Lot in Square 23 Alexander's Second Addition in Monroe. Jan 1938 sale dates set with seizure and sale terms cash.
The notice lists morning world and news-star classifieds rates with a 45 cent minimum, several section headers, and alphabetized classifications for ads. It mentions phone numbers 4800 and 4890, closing times, and per line pricing for consecutive runs.
In Ouachita Parish Fourth District Court Mrs Ethelyn West and Mrs Dorothy West Barham seek to sell property under writ of seizure to satisfy a judgment against Cordia Moore Smith Kate Smith Allison and P V Allison. The described parcels include a lot in Square Seven Monroe with specified metes and bounds and a strip of ground adjoining G B Cooley, with sale date set for January 15 1938 in Monroe Louisiana.
Court process seizes and lists properties for sale in Monroe Louisiana with multiple J P Heard additions. Also federal notice of a 1936 Ford Tudor Sedan seized in Lincoln Parish for tax law violations with claims due by January 14 1937 and district supervisor contact.
Classified note advertises a lost pair of glasses near a junior college with a reward and contact phone. It also markets a palmistry service by Madame Maxine at 413 Grammont offering readings to solve love and marriage prospects.
Classified notice lists a five room house at 2105 Gordon Avenue Avenabie first with price information and contact phone 4613. Includes incomplete phone line and stray text.
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