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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 30, 1941
Page
9
New Orleans December market closed steady with gains of 20 to 22 points. Front months May July and Oct traded higher with gains of about 20 to 22 points. Spot cotton closed 22 points higher with sales of 1,010 and prices for low middling 15.85 and good middling 18.15 amid receipts 3,410 and stocks 529,042.
Futures closed higher across several cotton contracts with gains ranging from 19 to 21 cents. Prices quoted include May 19 and October 19 positions, while middling spot rose to 18.59 with a nominal bid role noted.
A Chicago market listing details prices and weights for a range of poultry categories. It includes live poultry by class such as leghorn hens broilers Plymouth Rock and White Rock with weight brackets from under 2 to over 5 pounds and colored varieties A and B grades for dressed poultry noting hen and turkey prices and changes.
New York sugar markets showed irregular activity as traders absorbed light liquidation. Prices shifted modestly with March May contracts around 26 1 2 to 28 1 2 cents, raw sugar steady near 10 0 percent bid, and refined No 3 and No 4 futures posting minor changes.
Butter receipts total 1001 with firm prices, carrots at 33 1 2, other prices stable. Unsettled Baggs receipts 12 215, fresh extra firsts local 33 1 4, core 1 4, firsts local 1 2, cars 1 4. prices unchanged overall.
Chicago bidding shows mixed cattle demand with steers and yearlings under pressure and vealers around 13.50 to 14.00 while hogs and sows trade varied. New Orleans cotton exchange revises the spot market average to 17.55 cents per pound for 15/16 inch cotton with the thirty market day average at 17.06 cents.
Miami World war veteran Charles ter denounces a Luzon dispatch that says American troops call Japanese "Charlies" as a disgrace. He lobbied Senators Andrews and Pepper of Florida and others to form the Association of the Prevention of Calling Japanese Charlie. Meanwhile in Arizona a hawk tale ends with a kitchen surprise as a hen is served.
Historical river stage data show 24 hour readings with rises and falls at several locations including Ississippi River gauges near New Orleans and Baton Rouge. Values range from small rises of around 0.2 to larger changes near 1.0 feet along the river system.
Stocks rally strongly the year’s best, bonds higher as rails lead. Cotton rises with trade and mill buyers, sugar quiet amid liquidation absorption. Chicago wheat steady, corn declines on hedging. Hogs active with 10-20 losses, top at 11.25. Cattle show weighty steers weaker, yearlings steady to down.
Chicago grain trading closed with small fractional losses after hedging sales and end of year liquidation offset early gains. Wheat finished near unchanged to plus fractions while corn fell modestly. soybeans showed limited movement amid the holiday mood and market pressure.
New York stocks closed with a broad rally as buyers returned in force. Weak leaders gained one to four points, blue chips advanced, and turnover neared 246000 shares. Bonds rose with rail issues leading, while commodities fluctuated as tax selling eased in mid-session.
A December Pearl Harbor diary from Lieutenant William Nolan of San Diego describes soldiers working without regard to race, color, or creed. He recalls acts of heroism bridging Italian, Swedish, Mexican, and American comrades and notes they shared water and camaraderie.
The body of 14 year old recluse John Moritz Heyn was found in a shack behind a junk yard. State police said $5,000 in cash and a bankbook showing about $10,000 in deposits were cached there. Officials say Heyn died from overexertion while salvaging free firewood. The Huntington Library cactus gardens in Los Angeles hold 20,000 plants.
New Orleans seeks a 7.03 percent average reduction for consumers and the elimination of the 25 cent monthly service charge on natural gas. Judge Rufus E. Foster endorsed the recommendations from New Orleans Public Service, retroactive to September 1, the start of arbitration, benefiting larger users more.
Vidalia Louisiana mayor and board of aldermen request sealed bids to furnish and install a complete diesel generating set with switchboard voltage regulators foundations and related equipment in the municipal light and water plant building. Plans and specifications are on file at the town clerk's office and contractors must supply all materials and labor.
In Newark a guard barred a one year old from the Mosque theater stage door during a Youth Festival concert. An orchestra member urged entry, saying the show would fail without the prodigy guest conductor Lorin Maazel, whose talent has earned him wide acclaim.
Legal notices detail two sheriff sales in Ouachita Parish First, A J McGinn Glen White System of Monroe v H A Deal et al case No 30019 with Lots 47 and 48 in Block 26 Hanna Bynum Subdivision Monroe to be sold January 24 1942 at Monroe courthouse. cash with appraisement. Milton Coverdale sheriff December 1941 to January 1942. Second, United Electric Service Inc v W M Kelly case No 36856 with an Electrolux refrigerator model L00A serials 823412 and 825217 to be sold January 10 1942 at Monroe courthouse. cash sale.
Card of Thanks expresses gratitude for kindness and floral offerings after the death of Mrs. J. L. Humphries and thanks professionals and funeral home for their service. A separate public notice from the Louisiana Department of Highways invites sealed bids for equipment rental for projects in Ouachita Parish, with deadlines in early January 1942 and general bid rules.
The Ouachita Parish Police Jury approves Ordinance 4006 for 1942 expenses with revenues from Pawn Tax, Parish Inheritance, severance tax, airport fund, and miscellaneous sources totaling 196 500 dollars. Roll call 12 yes 6 no. absent W J Vinson. Ordinance adopted December 19 1941 in Monroe Louisiana.
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