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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 05, 1935
Page
9
Uncertain trend dominates the cotton market with July up 8 points while other months drop over 50 cents. Government weather data, foreign money concerns, and NRA doubt weigh on distant months. Oct, Dee close lower. A total of 3,348 bales exported. spot cotton in New Orleans steadier after losses.
New York cotton prices ease under liquidation and continental selling after Tuesday’s advance. Partial recoveries in Liverpool and trade buys fade, futures drift irregularly with October trading around 11.04 to 11.45 before settling near steady. Spot middling at 11.40.
Liverpool reports a firm cotton market with prices up five points and selective demand. American grade values advance with strict good middling at 7.29 and good ordinary at 5.89, while futures close steady for July to May contracts.
In New Orleans on June 5 cottonseed oil closed steady with summer yellow at 995 to 1010 and prime crude at 9.00 to 9.25. Bids posted for June 9.90B, July 9.93B, August 9.93B, September 9.95B, October 9.95B, and December 9.77B.
Bleachable cottonseed oil futures eased in New York with July at 10.36, September 10.35B, October 10.36 and December 10.18. A total of 47 contracts traded including 4 switches.
New York sugar futures traded softer as liquidations weighed on prices before a late rebound from Wall Street buying. Sept No. 3 rose from 2.37 to 2.41 and Dec advanced from 2.41 to 2.43, with 7,250 tons sold. At 2 p.m. July 2.56, Sept 2.41, Dec 2.44, Jan 2.18, March 2.20, May 2.25.
New York trading mixed as bulls edge utility stocks amid NSA and NRA talk while non ferrous issues slip. Volume nears 1.1 million shares with many issues closing higher on light turnover. Coca Cola up while steel motors and non ferrous names ease. American Telephone and Allied Chem among movers.
New York stocks finish irregularly higher with late selling dampening advances and bonds steady. Curb and utilities demand rise while foreign exchange is mixed. Cotton falls on New Orleans and local weather. sugar quiet as liquidation continues. Chicago grains show wheat weak, corn firm on planting delays. cattle and hogs soften with top cattle at 13.25 and hogs around 10.05.
Chicago opening shows declines as Liverpool futures fail to lift prices. Wheat slips to July 83 3-4 7-8, corn steadies near 805-8 3-4, oats ease 1-4 to 1-4, and provisions swing 2 cents either way from yesterday's close.
Junior Stamp club members meet Thursday at 4 p.m. in Monroe City Hall offices to discuss model airplanes. Brown Paper Mill girls return Wednesday from Camp Ki-Ro-Li with camp director Mrs. L. R. Simpson. Teflis Grotto plans Friday meeting for June 27 barbecue at Bernstein country place Bayou DeSiard. M. C. McDonald and H. L. Brown travel from Houston for company business. Brown paper mill executives B. Beasley and Mrs Beasley abroad at the National Superintendent's association in Richmond Virginia. Florists' Telegraph Delivery offers free flowers to shut-ins, final day to sign up is today for June 10 distribution. First Christian Sunday school groups to have swimming party at municipal pool tonight at 7 with a moonlight picnic.
Hogs 11 000 head with 5 000 direct. Good pigs 8.50 9.25. Sows 8.75 9.00. Weights 200 350 lbs. Pigs 8.50 9.50. Cattle 9 000, calves 2 000. Market weak to unevenly lower with steady to firmer pigs and vealers. Steers 9.75 12.25 up to 13.75 for heavy. Sheep 7 000, limited sales, price activity uneven higher for a few lots. Spring lambs 8.50 9.75. Ewes 2.00 3.75.
Grayson Louisiana reports the ninth car of tomatoes shipped Tuesday averaging 20 800 pounds per car. Crop expected 25 to 30 carloads this season down from 50 last year. Weather hurt 1935 yield. about 150 people employed in packing with a $225 daily payroll. Growers average 75 dollars per acre with some up to 150. Grayson hosts the sole shipping shed in the trade area. Blood remains germ-free for at least eight hours after death in tests.
Foreign exchange irregular with Britain at 4.94 and cables 4.94 3 4. , France 6.58 1 2, Italy 8.24 1 2. Demands listed for Belgium Germany Holland Norway Sweden Denmark Finland 219 Switzerland Spain Portugal Greece 94 1 2 Poland Czechoslovakia Yugoslavia Austria Hungary Romania Argentina Brazil Tokyo Shanghai Hongkong Mexico City Montreal New York Montreal exchange rates provided as references.
Notice announces Joe Wilson of Monroe Louisiana applies for executive clemency dated May 27 31 and June 5 1935. It concerns the Succession of Louise Bruckner Fudickar No 3856 in the Fourth District Court Ouachita Parish Louisiana. Creditors and interested parties are to show cause within ten days why final account by executor Ernest Fudickar should not be approved and funds distributed per court order. (Seal) Leon H Pooler Deputy Clerk Monroe Louisiana June 5 10 14 1935.
USDA market note shows 37 potatoes on track 235 with total U S shipments 805 and light demand. Prices vary by type and state with Wisconsin round whites U S No 1 at .65, Idaho russets U S No 1 at 1.40 to 1.55, Alabama Bliss Triumphs U S No 1 at 1.75 to 1.80, and other regional quotes including Louisiana dirtied at 1.55 and North Carolina Cobblers U S No 1 at 1.75.
New Orleans police say Gardere Francis Moore Jr died from a fractured skull after being struck by a vehicle driven by Preston Archie a 40 year old man as he stepped from a bus with his mother.
Public notice records Briscoe A Trousdale Jr as administrator seeking authority to transfer property to Monroe Building and Loan Association to satisfy vendor's lien and mortgage. Heirs and interested parties may oppose within ten days as required by Fourth Judicial District Court. Also, sheriff sale details for L. W. Gresham case list auction of Lot 2, Square 7 in West Monroe for June 8 1935 to satisfy writ of fieri facias with cash terms.
In the Fourth District Court Monroe Louisiana case Monroe Building and Loan Association versus C G Reeves includes a detailed property description in West Monroe across lots nine ten eleven of square two Flournoy addition. Also John Williamson of Monroe Ouachita parish was adjudged bankrupt June 1 1935 and a creditors meeting set for June 14 1935 with potential trustee election examination claims and possible lien free property sale.
U S District Court Western District of Louisiana No 5404 adjudges William Raymond Womack of Monroe Ouachita Parish La bankrupt on May 31 1935 Referee in Monroe La June 14 1935 File proof of debt by June 6 1935 Fernands Shreveport La is noted
Lost Sunday between Winnfield and Ruston a brown Gladstone suitcase containing girl clothing. Reward offered. Contact Mrs. C. C. Thompson. phone 1259 or Holloway & Thompson, 386. Wanted passenger to ride with college student to Boulder Colorado or route points leaving on the 8th. Phone 652. Specializing in permanent and finger waving at Francis Beauty Parlor 601 Catalpa. Phone 2787 R. Garthler, Kind Caid registered Spencer Corsetier Mrs. J. C. Ziegler 1409 Fairview Phone 2228.
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