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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 30, 1940
Page
7
Markets report firm and active cotton futures with gains in New York and Liverpool as demand strengthens from New Orleans. Late in the day Jan futures at 10.2, Mar at 10.34 and Oct around 9.??, while July sells by mill interests limit advances.
Chicago market results show varied prices for live poultry including hens broilers colored and Plymouth Rock varieties. Entries list weights from under 1 1 2 pounds to over 18 pounds with prices per hundredweight and totals for roosters ducks geese turkeys and capons.
Chicago market figures show USDA arrivals at 105 with on track 240. A mix of No. 1 grades from Idaho Russell Bar to Red McClures in Colorado, Bliss Triumphs in Nebraska, Cobblers in Minnesota and North Dakota, and Bilis Triumphs with varying percent bases. Prices cited include per bushel ranges ending around 1.75.
Chicago market notes show butter receipts totaling 761 432 with varied price standings. Creamery butter ranges from 93 to 92 32 1 2 with multiple fractions. centralized carrot receipts at 32 1 4 and total receipts 4 818. Fresh extra firsts 23 1 2, current receipts 21 1 2, dirties 14, fresh check 11, refrigerated checks 15, refrigerated stds 20 14, refrigerated extras 2 1 2.
New York markets closed with tiger futures mostly steady today. March and May contracts saw small shifts while domestic futures were unchanged. Rawse priced around 291 cents and refined at 4.4 cents amid dull, nominal activity.
Reliable sources at Camp Shelby report plans to expand the base to host three divisions instead of two. Officials say new buildings including a finance office, post headquarters, and a quartermaster's office have been authorized, boosting capacity to about 52 000 troops with potential rise to 75 5 percent.
Even W. Carroll of Memphis will become governor elect of the Louisiana Mississippi West Tennessee Kiwanis district and take office January 1, succeeding W. D. Cotton of Rayville Louisiana. The district totals 35 clubs with 1797 members. Lt governors Edwin F. Madigan Bastrop M Hull Opelousas La Thomas M. Gibbons Laurel and L A Pyle New Albany Miss also assume offices.
Evening tolls in Queen Anne era from a castle tower announce that the head of Clan McNeill has dined, inviting the world to share the banquet and marking a heralded social rite.
New York and Chicago reports show stocks firm with industrials extending rally and bonds improving. Foreign exchange quiet with a dip in the Canadian dollar. Cotton and wool firmer, sugar narrow with short covering. Wheat strengthened by demand, corn steady with higher shipping sales. Hogs active and cattle weak or steady.
Buying led the New York stock market with leading issues rising to about a 80 level before midday declines. Gains and activity peaked in the forenoon as sentiment mixed with tax selling easing and prospects of armament spending lifting groups. Notable movers included U S Steel Bethlehem Chrysler Douglas Aircraft U S Rubber Sears Union Carbide Kennecott American Smelting Western Union Santa Fe Westinghouse Timken Detroit Axle Owens Illinois and U S Gypsum.
In Chicago on December 30 wheat prices moved up about 1 or 2 cents amid early trading with May futures at 87 1 8 to 3 8 and July 1 1 8 to 3 8. Corn opened flat to 1 2 up with May at 63 to 62 7 8 and July 62 7 8 Corn and oats finished mixed with most contracts showing slight gains or losses versus Saturday.
Fred B. Snite Jr. who has spent four years in an iron lung showed marked improvement after a five day stomach disorder. Eight physicians treated him Saturday and his condition, which had grown critical, began to lift as he regained strength. If he continues to improve, he could attend the Orange Bowl game Wednesday as scheduled.
A check for 108971.06 was handed to Ouachita tax collectors Saturday by A O Evans manager of the northern division of Louisiana Power and Light Company. The utility serves West Monroe and surrounding territory and is the parish's largest tax contributor. Parish tax receipts come in on schedule.
Stone Avenue Methodist Church holds a Watchnight service Tuesday from 10 p.m. to midnight. The program features worship, gospel singing, prayer, praise, and thanksgiving led by Rev. la Yeager who invites all not at another service to attend.
The Rainbow Inn on the Columbia road announces a New Year's celebration featuring Rex Meeker and his orchestra Tuesday night. Reservations are urged due to expected large turnout.
The US cruiser Tuscaloosa carrying Admiral William D. Leahy arrived in Lisbon after a three hour fog delay and exchanged salutes with a shore battery. He is to assume his post as ambassador to Vichy France and will likely stay in Lisbon over the new year.
Succession of R L Mitchell docket 29429 Ouachita Parish final account filed December 2 1940 with ten day opposition period. Monroe Grocer Co Ltd stockholders meet January 8 1941 to elect directors and conduct business. Card of thanks from Edwards and Boyd families for bereavement support and floral offerings with thanks to local ministers.
A lengthy account details the fire that engulfed the Associated Press building on Fleet Street, rescuers saving equipment, temporary offices set in the Press Association basement, and continued press reporting amid blazing streets. Fire, water, and structural collapse marred historic offices as crews battled flames into the morning.
Police investigated the theft of two shotguns from a pickup parked at 1603 Washington Street. The owner Leo Reed, of 1115 Pine Street, reported a 12 gauge Remington pump with a broken stock wrapped in white tape and a .22 caliber Springfield bolt action rifle allegedly belonging to Leon Johnson of 117 North Eighteenth Street.
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