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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 02, 1936
Page
9
New Orleans reports show December up 19 points to 10.67 and October 14 higher at 10.71 while January gains 12 to 10.70 amid rising demand and warlike Orient news. Open interest, hedges, and exports rally futures with spot cotton closing 3 points higher.
New York traders pushed cotton futures higher on crop outlook anxiety with October at 10.79 and middling spot at 11.89. The day saw gains from late covering and Wall Street buying, with contracts closing very steady and spot prices steady.
Catton reports 6 000 bales traded including 2 200 American. Spot in fair demand with prices up three points. American strict good middling 7.37, good middling 7.07, strict middling 6.87, middling 6.67, strict low middling 6.37, low middling 6.12, strict good ordinary 5.92, good ordinary 5.62. Futures closed steady with July 6.18, Oct 5.82, Dec 5.72, Jan 5.72, Mar 5.72, May 5.71.
Sugar futures were quiet as traders awaited Washington legislation. July contracts eased to 2.87 cents a pound, December to 2.78, and No. 3 futures closed barely steady after late liquidation. Sales reached 1,250 tons with multiple contract prices listed.
The report lists river stage readings at cities including Memphis Vicksburg Baton Rouge Shreveport and Little Rock. It notes fall or rise in stages with figures showing specific water levels and recent changes, reflecting widespread flood activity along the Mississippi and tributaries.
New York stock trading shows irregular moves with a Westinghouse drop unsettling the list. Bonds soften while rails slide. Curb stocks mixed with leaders down. Foreign exchange quiet with sterling rising. Cotton firm amid ongoing eastern drought. Sugar nearly steady with scattered liquidations. Coffee weaker as Brazil faces market softness. Wheat gains amid China Japan tensions. corn stays firm on wheat strength. Cattle hold firm to modest gains while hogs hold at or below $10.10 with dips to $9.80.
Chicago grains edged lower as Liverpool quotations lagged. Wheat fell initially but recovered near the day’s end with July around 84 and September about 84.5. Corn showed little change, oats eased, and hogs, cattle, and sheep varied with lighter demand and steady to weaker tone.
New York stocks moved uncertainly with leaders retreating after a sharp Westinghouse drop. The market showed thin bids, scattered recoveries, and a mix of declines and slight gains as bonds and commodities fluctuated.
In New Orleans on June 2 prices for bleaching prime summer yellow and prime crude moved around 8.50 to 8.70 in various months. In New York futures closed firm with July 8.88, September 8.87 bid, October 8.85 bid, and December 8.80 bid, with 103 contracts sold including 54 switches.
The Louisiana house approved a concurrent resolution for an investigation of Senator Huey P. Longs fatal 1935 shooting. A six member commission would be appointed by the lieutenant governor and speaker, with a $100000 budget and powers to summon witnesses and report to the attorney general.
Miss Zoa Booth daughter of Mr and Mrs W F E Booth and Leon Russell son of Mr and Mrs D A Russell married Sunday in Monroe They will reside in Marion Miss Ruby Roberson daughter of Mr and Mrs Sam Roberson and Everett Reppond son of Mrs Lucinda Reppond were also married Sunday in Monroe The couple will reside in Marion
Chicago market notes list poultry and fowl prices with weights for hens roosters broilers and fryers. Poultry types include Leghorn Plymouth Rock White Rock and colored varieties with occasional weight ranges and turkey and duck values. Prices span 10 to 28 cents per pound across multiple categories.
Butter prices listed for creamery specials extras and firsts with scores and quantities. Eggs hold steady at 24 157 with no change in price.
Foreign exchange steady in New York with British pound at 4.99 7-8 dollars and 60 day bills at 4.98 7-8. France and Italy demands listed, plus Belgium Germany and other nations’ rates for cables and various currencies.
Miss Minnie Mae Verd el and Parish Agent J V Hinton announce LaSalle parish 4 H club Achievement Day winners in Jena. Demonstration teams include insect and plant disease control and making Slauerkraut. General contests honor school dress health poultry judging canning and crops judging with multiple named youth winners.
Notices warn creditors and interested parties to show cause within ten days why the final accounts in two Louisiana succession cases should not be approved. Executives Isaac F Thompson and Brooks Medlock administer estates in Monroe Ouachita Parish with judges J T Shell and Dr Garrett overseeing.
Chicago dispatch lists current potato market prices by grade and region with U S No 1 and No 2 values for Bliss Triumphs Mississippi Alabama Louisiana Texas California and Idaho and notes old stock firm with moderate supplies and light demand. The piece also includes a brief science paragraph stating that about half of the 1500 cubic miles of yearly rainfall returns to the atmosphere by evaporation about one third runs to surface streams and the remainder seeps underground for later uptake.
Morning World outlines telephone and in person ad rules with a 6 PM closing for want ads and 9 AM daily log. It lists alphabetized classifications from legal notices to autos including services, employment, real estate, rentals, and vehicles with group headings and numbered references.
To finders contact the Classified Department for lost items in The News Star World. For losers ads will receive free listing in the Loser Service Bureau to aid recovery of mislaid articles.
Notice invites interested individuals to arrange transport to Tech by contacting W A Latiey at extension 2276 M.
Local Baptist W M A group gathers at Mrs Blanchard Bass residence. Visitors include Mr and Mrs J K Mooney with Mildred and Mrs D N Stephens of DeWitt Ark. Willie Stroud spends vacation with parents. Clarence Good hosts his mother in law and child from Mississippi. Hubert Owens attends Louisiana State Pharmaceutical Association meeting in New Orleans. Venus flytrap Carolina shuts on unwanted items but reopens. repeated cheating stops response temporarily.
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