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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 03, 1932
Page
12
In New York on June 3 cotton futures slid from early gains as July and December contracts declined amid liquidation and profit taking. July fell from 5.30 to 5.16 while December eased to 5.55 with net declines of 5 to 7 points. Prices steadied late with mixed moves. spot middling held around 5.15.
The market showed early gains of 5 to 8 points then weakened to 12 to 16 points below yesterday's close. Gains in the stock and grain markets, Worth Street improvement, and heavy rains in Oklahoma and the southeast supported trade, but selling rose after Washington announced the Garner relief bill favorably reported. Waco reported stronger spot demand. rain and showers across regions added nerves. The report notes a cautious stance with planned purchases during afternoon recessions.
New Orleans June 3 update shows steady fruit and vegetable prices with small shifts. Cantaloupes weaker, jumbo crates 3.75 to 3.85. pony crates 2.65. Watermelons steady 50 to 60 each, Fancy Delicious apples 2.00 to 2.50 per box, strawberries 50 cents to 1.00 per 24 pint crate. Louisiana beans and squash varied, peppers 2.00 per bushel, cucumbers 40 cents to 1.00, green corn 2.50 to 2.75 per hundred ears. Creole onions 1.0 to 1.50, field potatoes 0.75 to 1.50, sweet potatoes 6.1 to 8, cabbage 1.50 to 1.75 per cwt, garlic 0.25 to 1.00. Thursday shipments include 57 cars potatoes, mixed vegetables, and various carloads of beans, cabbage, tomatoes, celery, carrots, and peppers from Louisiana. Mississippi reports 84 cars tomatoes and 14 cars cabbage.
Liverpool reports a shipment of 21 000 bales with 10 400 American as spot business steadies and prices up two points. Quotations show American strict good middling 4 65 and various grades, futures close steady with July 3 56 and May 4 06. Note mentions 2400 leprosy cases in the United States.
New York stocks firm with late gains trimmed by news. Bonds strong with rails and utilities leading rallies. Foreign exchanges steady, Dutch guilder firm. Cotton lower as local and southern selling persists. Sugar higher with steady spot market. Coffee quiet with limited selling. Chicago wheat soft on good rains forecast for the Northwest. Corn easy on larger receipts with rising Argentine exports. Cattle steady to lower. hogs steady to weak.
Chicago cash grain prices eased after expected wheat downturns in Liverpool. Wheat futures opened 3-8 lower, then sagged. corn fell 1-8 to 1-4, oats slipped 1-8 to 1-2, while provisions held steady to five cents higher.
Hogs 19 000 with 7 000 direct mostly steady to weak top 3 55 and 230 310 pounds 3 15 3 40 pigs 2 75 3 10 sows 2 50 85 200 250 pounds 3 30 55 heavy 250 350 pounds 3 10 40 pigs 10 130 pounds 2 75 3 15 cattle 1 000 calves 500 fed steers and yearlings steady slaughter cattle vealers steers 600 900 pounds 6 25 7 50 900 1100 pounds 6 25 7 75 1100 1300 pounds 6 50 7 75 1300 1500 pounds 6 50 7 75 vealers milk fed 5 50 6 50 sheep 7 000 steady to strong good to choice native ewe wether lambs 6 00 50 packers lambs 90 pounds down 6 00 7 0 ewes 90 150 pounds medium to choice 1 00 2 25
In New York on June 3, foreign exchange remained steady with Great Britain at 3.68 7 8 dollars demand and 3.69 1 8 on cables. Other rates include France 3.94 15 16 demand, Italy 5.14, Belgium 13.99 1 2, Germany 23.68, Denmark 20.19, Switzerland 19.59, Argentina 25.79, Tokyo 32.44, Montreal 87.75, Mexico City 28.75 silver peso. Demand rates are nominal.
Potatoes totals include 186 new and 137 old shipments with a national value of 84 dollars. Wisconsin round whites fetch 99 to 190 for U S No 1, Idaho russets 190 to 15 for new stock. Demand moderates while supplies stay liberal and trading slows in some markets like Alabama and Texas.
New York June 3 sugar futures rose to two points higher intraday but closed steady. Trading totaled about 21 600 tons with July at 59 to 66 a ½, October 69, December 73 to 74, January 74 to 75, March 80 and May 34 to 85.
Chicago markets report butter at 14 9/79 steady with creamery specials around 93 score and varied grades from extra to standards. Eggs priced at 16.586 with prices unchanged as of June 3.
Poultry listings from Chicago dated June 3 show assorted items with quantities and prices. Live poultry includes 1 car and 34 trucks with categories such as fowls broilers Leghorn broilers roosters turkeys spring ducks old geese.
Comic panel caption hints at a solitary joke with a lone figure and a punch line. Artist Paul Fung signs the strip suggesting themes of humor and solitude in a brief gag.
New York stocks led a strong market march with many issues rising 1 to 3 points and several 5 point gains. The session paused midafternoon but blooded by bond strength and banking hopes, rails and utilities rose while U S Steel and American Telephone pulled back from peaks. Call money held at 2 1/2 percent as traders eyed summer demand.
Burma plans to draft a new constitution by April 1 1934 and expects independence referenda next fall. Governor McInnes said if voters opt to secede Parliament would enact needed laws by summer 1933, allowing election under the new constitution in November 1933 and separation by April 1 1934. The region rich in oil rice teak and minerals, with Buddhist culture and Mongolian roots, contrasts with Indian identity.
Sylva North Carolina June 3. H E Buchanan is mayor of Sylva but lives in Hendersonville seventy miles away. Elected last June he moved to manage business interests but did not resign. He continues to hold the office and owns Sylva’s principal theater. Ontario reports 200 more mental patients needing institutional care each year.
In New York on June 3 cotton seed oil prices eased with prime yellow at 3.40 and prime crude at 2.50. Trading activity noted with various months showing slight shifts while sales totaled about 100 poods?
A reader seeks advice on divorce after years of abuse and infidelity. The adviser urges self judgment, peace, and notes the need to identify a rival. In Hollywood, Charles Christie faces a $14,000 judgment with no funds, claiming insolvency due to mortgage and car expenses.
Billie Floyd Humphrey infant son of Mr and Mrs Floyd Heamphrey of Fairbanks died in a local hospital. The funeral was held and interment made in the cemetery at Bonita today.
Rudolph Haas age 75 died early Wednesday at his home 217 Louisville Avenue. Services were held at the residence at 4 PM with Rabbi F. K. Hirsch officiating. Burial followed in the local Jewish cemetery.
Nudism has reached a 40 acre estate near Highland New York nine miles west of the Hudson open to accommodate four persons. The Olympian league operates the site previously focused on propaganda and now hosts professionals including several New York lawyers.
A manager from Albany along with several writers, an accountant, a retired Baptist minister and his son and daughter undertake a barn remodeling to create a studio. Two sisters, one a writer and the other a noted artist, will spend the summer there.
The Pow Wow junior college newspaper for Quachita parish prints its final edition of the scholastic year. This issue features photographs of the 1933 senior class officers and staff, printed by Monroe Printing Company.
Rail lines list east and west bound trains with arrival and departure times for Illinois Central and Missouri Pacific systems. Includes Natchez El Dorado and Farmerville stops, plus American Airways and Tri-State Motor Coaches timings.
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