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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 10, 1936
Page
9
In New Orleans futures edge slightly lower after government weekly crop report seen as favorable by traders. Prices eased two to four points with steady overall tone as exports reach 7,662 bales and spot cotton closes down about 19 points.
New York reporters note cotton futures edged lower in the afternoon with October slipping from 10.97 to 10.89 and new crop months down about 7 to 9 points while July held near prior close. Spots remained quiet at middling 11.79 as sugar futures, led by No 3, closed steady to modestly higher on 15 400 tons traded.
In Liverpool on June 10 cotton markets moved with 10 000 bales traded including 5900 American. Spot prices showed a marginal drop across grades with American strict good middling at 7 4 1, good middling 7 11, strict middling 6 91, middling 6 71, strict low middling 6 41, low middling 6 16, strict good ordinary 5 96, good ordinary 5 66. Futures closed steady with July 6 22, October 5 87, December 5 78, January 5 78, March 5 77, May 5 77.
In New Orleans on June 10 cottonseed oil closed steady with values listed for Bleachable prime summer yellow and other grades. New York futures also closed steady with bids and contracts noted for July September October and December while a line about racing drivers outlines higher injury risk at 50 mph than 100 mph.
The report lists 24 hour flood stage measurements and stage changes at stations in Mississippi Arkansas Louisiana Oklahoma Ohio Tennessee and surrounding areas. Locations include Natchez Baton Rouge Shreveport Memphis Nashville Little Rock and Cincinnati with readings indicating rises and falls in water levels.
New York June 10 reports uneven stock action with rail shares in demand and bonds steady. French loans rise on modest buying. curb market narrow with some mines and utilities firm. Foreign exchanges firm. currencies and pound gain. Cotton steady amid rains in the eastern belt. Sugar higher. coffee quiet. Chicago wheat firm with moisture needed in the northwest. corn soft due to shipping demand. Cattle weak, hogs steady to strong with tops around 10.20.
Wheat and corn markets show limited moves after weather reports predict scattered spring showers. July wheat opens and closes mostly steady, with small gains. corn also largely unchanged. Oats rise slightly while rations stay firm amid a quiet trading session.
Chicago livestock market report shows hogs 13 000 head with steady to strong prices and top at 14.20, cattle 10 000 with mixed near Tuesday levels and weighty steers softening, calves and bulls easing. sheep 9 000 with spring lambs steady and yearlings weak while fat ewes hold firm. Prices noted for various weight ranges and packer bids across hogs cattle and sheep.
Chicago reports on US potato market conditions with 80, on track 308, total shipments 740. New stock weaker though demand remains good at lower prices. various grade prices listed for Bliss, Mississippi, Arkansas, Oklahoma, California, Louisiana, Texas, Idaho, North Dakota, Minnesota with mixed quality and decay observed.
The New York market quotes show the pound at 5.01 5-8 for demand and 0day bills at 5.00 5-8, France at 6.58 7-16, Italy at 7.87, with numerous other currencies and cross rates listed, including Belgium 18.90 1-2, Switzerland 32.35, and Mexico City 27.85.
Chicago market notes show butter at 28 1 2 to 29 for extras firsts 26 1 2 to 27 1 4 and 28 for standards with 93 score. Eggs trade at 21 to 22 3 4 for local extra firsts, 20 1 2 to 21 1 2 for graded firsts, and 22 3 4 for storage packed extras or firsts.
New York a day of firmer sugar futures with July advancing from 286 to 288 and March from 255 to 257 as traders covered and bought later deliveries. In other news Actinium, touted as more powerful than radium and lasting 20 times longer, is valued at $1,000,000 an ounce.
New York stocks moved on a choppy market with scattered gains in rail, utility, and merchandise issues while many groups held steady or declined. Leaders early in the session included Santa Fe and N Y Central, with gains also seen in Electric Power and Light and several industrials. U S Steel shipments for May topped April, the best since 1930.
On June 10 in New York call money remained steady at 1 percent for the day. Prime commercial paper offered at 3 to 4 percent, with time loans for 60 days to 6 months at 1 1/4 percent. bankers acceptances unchanged. Rediscount rate at the New York Reserve Bank is 1 percent.
Cleveland June 19 Republicans debated a farm plank aimed at offsetting New Deal gains. Western delegates urged state control of production and distribution under a title AAA plan, while eastern delegates backed national regulation. A tariff subsidy and soil conservation payments were proposed, with Capper and Hope as key intermediaries.
Bonita Honeycutt and Mrs. Lee Byatt lead a group visiting Hammond High. Mrs. Byatt hosts guests with Edna Barron and Mrs. George Boone in Ruston for summer courses at Louisiana Tech. A long list of relatives and students arrive home for vacation as well as a birthday party for Catherine Ann Buatt.
Delores Enebo, princess of the National Summer Ski tournament, will preside at the timberline on Mt. Hood near Portland Oregon for the event slated June 14.
Roy Lee Aston as administrator announces a public sale in Monroe Louisiana on June 27 1936 at the courthouse to settle debts of the succession. Real estate described includes two parcels in Ouachita Parish with dated deeds and a large list of household goods livestock farm equipment and a 1974 Dodge truck to be sold separately for cash at minimum two thirds of appraised value. Proceeds go to pay debts of the successions.
Local classified pages from Monroe News-Star and Morning World outline advertising rates, classifications, and contact details. It lists price per line, telephoned ads, central closing times, and grouped categories from Legal notices to Real Estate and Automobiles with numbered group headings for quick reference.
A compact betting note lists Loss Daily Wy with a 67 RB value and price tags of 1.00, 1.50, and 1.67. The entry reads as a pricing fragment for a wagering item with limited context.
J W Graves a 53 year old man from Carthage Texas died in the city jail after a week long heat wave. Acting coroner Dr Harry W Paul ruled death due to heat prostration.
A senate committee approved a bill prohibiting liquor advertisements in Louisiana. It must advance to both the Senate and the House for final votes. A British transport committee urged safer traffic routes near cities and recommended no headlamps at 30 miles per hour.
Classified department promotes a free service to aid owners in locating lost jewelry purses and other items found in recent News Star-World issues. Advertisers urged to report article items via the office to assist recovery efforts.
A speaker contemplates how to share “promised” air rifles with Jimmie Herb, Ralph Dutch, and Fuzz while fearing how others will treat them. He notes his mother will not let him keep them and wonders what will become of the situation.
Bernice G. W. Newton of Temple Texas visited friends here. Van Odom of Louisiana State Normal spent a weekend with his parents Mr. and Mrs. Lee Odom. Mr. and Mrs. Frank Cooper of Shreveport visited Dr. and Mrs. M. W. Lawrence. Wickliff Lawrence returned from Atlanta Georgia where he studies dentistry. Miss Martha Grafton of Monroe visiting relatives here. Mrs. Bass of Junction City Arkansas spent a week with her daughter Mrs. J. M. Butler. Mrs. George D. Grafton hosted the Sewing club. refreshments followed. Mr. Colvin visiting her son Dr. C. Colvin.
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