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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 12, 1934
Page
9
In New Orleans on June 12 futures for July, October and December all firmed after an initial dip. Short covering and stock gains lifted values, with July to 12.04 and December to 12.38, closing about 15 points higher. Spot cotton closed steady 15 points up with mixed gains across grades.
New York reports higher cotton as forecasts of more showers support demand. October futures advance from 12.15 to 12.37 with 14 to 15 point gains by day end. spot middling steadies at 12.30 as futures close very steady, amid renewed liquidation earlier in the session.
Cotton markets in Liverpool report no receipts with spot business moderate and prices nine points lower. Quoted levels include American strict good middling 7.21 and good ordinary 5.71, while futures closed very steady with July at 6.39 and December at 6.20.
In New Orleans on June 12 cottonseed oil closed steady with prime summer yellow at 4.80 to 4.95 and prime crude 4.12 1-2 to 4.25, with monthly quotes from June to December ranging 4.97 to 5.37. In New York futures closed firm with several months quoted from June 5.25B to Dec 5.82B and 114 contracts traded.
In New York on June 12 the sugar futures market showed active but mostly evening-up activity in July and shifting to later months. Early losses narrowed as selling by producers met buying by traders, leaving July around 1.56 and March near 1.79. At 2 pm the market held firm, with July 1.57 and other contracts posted for the day.
Butter and eggs market data for Chicago on June 12 shows firm butter prices with 93 score creamery specials and 92 grade extras. Egg totals reach 21 062 with firm extra firsts around 151 to 161 per dozen, plus fresh graded firsts at 15 to 16. current receipts 131 to 141. A note credits Aristotle as a foundational figure in many sciences and thoughts.
New York stocks moved into higher territory with a larger trading volume and broad advances led by American Telephone, U. S. Smelting, U. S. Steel, Westinghouse, Du Pont, and others. Banks and utilities rose while margins paused on some nerves over steel labor talks. Bond markets were quiet and the dollar strengthened against major currencies.
Call money listed as steady at 1 percent all day while time loans hold at 3-4?1 percent for 60 days to 6 months. Prime commercial paper quoted 3-4 percent. Bankers acceptances unchanged with Rediscount rate at 11-1/2 percent. Numerous company names and tickers clutter the page.
New York reports firm stocks as lenders rally while bonds and secondary issues rise. Curb is steady with oils and specialties improving. Foreign exchange easy and the dollar advances. Cotton and sugar hold steady. coffee shows irregular activity on European buying. Chicago wheat and corn advance amid supply concerns. cattle and hogs rise with hogs peaking at 4.25.
Chicago wheat corn and oats advanced from early declines with July corn edging near the daily limit and gains in hogs cattle and lambs. Prices firmed across grain and livestock sectors as traders weighed U. S. Department of Agriculture data and auctions in Monroe Ouachita Parish.
Court ordered sale of seized equipment from Glassell Cochran Inc and others in Caddo Parish. Items include cranes tractors graders bins pumps mixers and a wide array of industrial goods with serial numbers and specifications. Sale at the western front door of the Monroe court house between the hours of sale on Saturday June 23 1934.
U. S. Engineer Office Vicksburg invites sealed bids by June 15 1934 to construct about 77900 cubic yards of earthwork on the east bank of the Mississippi river in Mississippi. Notices list multiple property sales and sheriff's auctions in Monroe Ouachita Parish Louisiana with various dates and terms.
The State Fourth District Court case lists Lot 5 Square 59 Layton's Third Ad with summer classes publicized and a contact at 308 North Second Street. In a parallel entry another action notes Lot 3 Square 6f Layton's Third Ad seized as property of the defendant in Ouachita Parish court proceedings.
The New York market shows easy foreign exchange with Britain at 5.05 1 2 dollars. Cables and bills quotes for France, Italy, and other European currencies follow, with numerous bilateral figures and several cross rates including Tokyo and Shanghai.
Poultry trades in Chicago on June 12 show steady movement with 50 trucks supplying live birds. Hens bring 12 to 12 1 2 cents, leghorn hens 9, rock fryers 24, colored 21, rock springs 26, colored 24, rock broilers 18 to 20, colored 18, leghorn 14 to 17, barebacks 14 to 16, roosters 71 2, hen turkeys 14, toms 12, ducks 12 to 15, geese 7 to 8.
Potatoes in Chicago on June 12 show steady to slowly trading markets with moderate supplies. Prices listed include Idaho Russets U S No 1 at 1 55 to 1 65 with No 2 at 1 20 and Minnesota round white 0 55 to 0 90, Triumphs in New York steady, Alabama No 1 at 1 65, Louisiana 1 50 to 1 60, Oklahoma Cobblers 1 40 to 1 60, with over 500 toy factories in the United States producing near 100 million dollars annually.
An inventory from Milner Fuller, Inc. lists multiple used cars with years and models including 1932 V8 4-Door and 1932 V8 2-Door, 1931 Chevrolet 2-Door, 1930 Chev Coupe, 1930 Ford 2-Door, 1930 Dodge Sedan, 1929 Fords and Dodges, and 1933 Dodge Truck, with prices such as 65 dollars for a 1929 Dodge Coupe and 135 dollars for a 1929 Dodge Sedan. The ad presents a catalog style sale across various age vehicles.
A list of affordable prewar vehicles includes a 1933 Chevrolet Coach 1932 Chevrolet Cabriolet 1930 Chevrolet Sport Car 1931 Ford Coupe 1929 Ford Sport 1928 Ford Coach 1932 Oldsmobile I Sedan 1930 Buick Sedan 1930 Chevrolet Pickup 1930 Ford Pickup with prices ranging from 125 to 525 dollars.
Readers seek a used Tudor Ford or Chevrolet purchased with cash. Send details to Box 1764, care of News-Star-World.
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