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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 11, 1936
Page
9
New crop cotton rose to 11 cents a pound amid active buying from trade and speculators. Prices gained with a steady undertone as exports reached 10,826 bales and spot values closed about seven points higher.
New York reports broadening buying in cotton with October futures up to 11.12 and July gains of 4 points while later deliveries advance 17 to 22 points. Futures close steady with gains around 5 to 24 points and spot middling at 11.79. Liverpool market shows 9,900 bales traded with American sales lifting prices slightly and futures closing steady across nearby months.
Cottonseed oil closed steady in New Orleans with values for Bleachable prime summer yellow at 8.79 to 8.80, prime crude 8.65, July 8.65, Sept 8.60 percent, Oct 8.57, Dec 8.35, Jan 8.35. In New York bleachable futures closed firm with July 9.12, Sept 9.08, Oct 8.99, Dec 8.80, Jan 8.80. Sales 53 contracts.
Call money traders kept rates steady at 81 percent for the day in New York. Prime commercial paper priced 3 to 4 percent while time loans for 6 days to 6 months held at 11 to 4 percent. Bankers acceptances unchanged. rediscount rate at the New York Reserve Bank stands at 11 to 2 percent.
Flood stage readings across stations show rising and falling levels. Tents and camps noted along the Mississippi corridor from Memphis to Natchez with variations in stage changes. Cities including Baton Rouge Monroe Shreveport and Cincinnati appear in the stage observations with several rises and falls recorded.
New York stocks firm with steels leading. bonds uneven as U S issues soften. Curb higher while mines and industrials draw buyers. Foreign exchanges off and franc steady. Cotton, sugar firmer. coffee quiet. Wheat strength noted in Minneapolis, corn firm on wheat, cattle barely steady, hogs up strong to 10.25.
Chicago grain markets opened higher on bullish crop data. Wheat moved from 1-8 to 5-8 higher with July at 84 3-8 85 1-2-3-4, Sept 85 1-2-3-4, closing firmer at July 84 7-8 85 1-8. Corn started mixed and little changed. July 61 3-8 1-2, oats down then up. provisions up 2 cents to 12 cents.
Chicago market reports show hogs at 13 000 head with 5 600 direct. prices mostly firm to higher on some weights but biweekly averages down from Wednesday. Cattle and calves supply 5 000 and 2 000 with steers and yearlings weak, fat cows and bulls lower, sheep and lambs steady to weak and fewer buyers, demand thin.
Foreign exchange irregularities reported with rates for Great Britain France Italy and others. Demands show ranges for currencies including Germany Norway Sweden Denmark and several regional and nonlocal markets with nominal values and cross rates.
Chicago June 11 reports U S potato shipments at 909 with new stock steady and demand light. Prices vary by variety and state from Bliss Triumphs Mississippi U S No 1 at 3 25 50 to Idaho Russell Burbanks at 4 25 and Minnesota Ohioa notes fair quality.
Sugar futures saw increased activity and higher prices as trade buyers covered shorts while actual and local commission house buying supported gains. July moved to 2.89 and December to 2.82, near season highs, with late trading a touch below best but overall up.
Butter and eggs prices listed for Chicago markets show butter at 18 493 firm with various quality grades and eggs at 20 984 firm with no change in prices. Prices given for butter range from extras to standards with several cent differentials. eggs remain unchanged.
Stock market sees gains in farm implement shares led by J. J. Case and Deere along with International Harvester. General Motors Auburn Liggett National Biscuit Union Carbide and American Telephone advance about one point. rails steels and utilities narrow while alcohols slip. Foreign currencies bond trends and Republican convention politics influence sentiment amid France devaluation and labor troubles. Federal Reserve survey shows department store sales up from April to May.
The Chicago market report shows unsettled pricing for live poultry including hens, Leghorns, Plymouth Rocks, White Rocks, broilers, fryers, and roosters. Turkeys, ducks, and geese prices are noted across weight classes, with varied values across breeds.
A total of 616 votes were cast in the general election held Tuesday to ratify candidate nominations for municipal offices. Official ballot counting and final totals were not performed by Thursday afternoon as new state procedures require interpretation. Ballots remain sealed in an envelope inside a ballot box under custody of Pat Hamilton, parish clerk of court.
Miss Edna Ashley and E. G Black were married Sunday afternoon June 7 at the Methodist parsonage with Rev. J. A. McCormick officiating. The bride, daughter of Mrs. Fannie Ashley, had a white suit and was attended by Flin Mae Higginbotham of Bonita. The groom, connected with the Louisiana highway commission, was attended by William Blackwell and Finland Holland of Bonita. They will reside with the bride’s mother.
At a weekly luncheon the Y's Men's club discussed hosting the district convention for Louisiana Mississippi and Arkansas on June 20 and 21. The venue is Mc Gowen's clubhouse 25 miles north of Monroe on the Ouachita river. Roy Whittington provided piano selections. Dooley Parker was welcomed as a new member and George Weaks Jr. joined as a guest.
Radio Honey star Frances Langford headlines a cast of favorites in Palm Springs at the Paramount theater opening today through Friday. Walter Wanger’s prediction frames Hollywood’s playground with Sir Guy Standing Ernest Cossart David Niven and Smith Ballew in the company. Tonight features six vaudeville acts on the stage.
Dallas Steers crushed Galveston 10 to 0 to stay atop the Texas league standings. Don Padgett led Houston with five RBIs on two singles and two triples as the Buffs won 13 to 4 against Fort Worth. Tulsa edged San Antonio 7 to 6. Oklahoma City beat Beaumont 8 to 6 in extra innings.
Ada Sanders of Shreveport visited relatives in Dodson and area. James Stovall of Shreveport visited relatives at Dodson and Gaar's Mills. Mrs Clarence Blackman and son John Edwin of Wisner spent the weekend with kin. Alden Ellicott of Alexandria stayed with Mr and Mrs J R Elliott. Mr and Mrs John Swanson of Jonesbury were recent guests of relatives.
Nashville defeated Knoxville 13 to 1 as southpaw Jurve Barnes struck out 15 for Nashville. Atlanta beat Chattanooga 4 to 1 behind Marvin's homer and Schmidt's four-hit effort for the Lookouts, while New Orleans edged Little Rock 12 to 8 on 13 hits. Memphis and Birmingham were rained out.
Crowville couple Cleto Yates and his wife welcomed a son on June 9 in Winnsboro Louisiana. The birth was announced in a Spe call notice referencing local families.
In Topeka on June 11 Miss Mil dred Babe Didrikson, the tournament’s only pro, was ousted in the eighth annual Western Open by Miss Anna Sue Kennedy of Columbia Missouri, 6 and 5. Opal Hill moved into quarters with a 4 and 2 win over Mrs. Charlies Newbold of Wichita.
Multiple probate notices in Ouachita Parish Louisiana list final accounts for estates of Maryland Brooks Medlock and Celia Goldman Thompson, plus a request for letters of executorship in Jesse Lee Johnson matter. Also includes a Sheriffs sale notice for John Williams property in Monroe with sale set for June 27 1936.
Aseated Press reports Sullivan of the Indians leads with 407 at bats and Gehringer of the Tigers tops several categories. Gehringer has 83 hits and 21 doubles while Foxx of the Red Sox leads with 14 homers. Grove and Sorbel top pitching with 9 1 and 5 1 records.
John B. Dennis son of Mr and Mrs W H Dennis of 618 Benton avenue was moved from Vaughan Wright Bender clinic to his home after foot surgery for an infection. His condition was reported satisfactory on Thursday.
Ray Richards defeated Ole Anderson 23 percent Osceola Neb. The brief item provides a local sports record from Lincoln Nebraska with names and places but limited context.
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