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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 13, 1932
Page
8
Cotton futures in New Orleans rose through the day with July 5.11 to 5.09, October 5.31 to 5.29, and December 5.46 to 5.44 as rains in the belt and stock-market gains supported prices. Exports reached 3,649 bales and the day closed near the highs with net advances of 10 to 12 points.
New York traders saw cotton hold generally steady as rain in the south stirs worry of boll weevil spread. July contracts rose from 4.96 to 5.09 with a quiet yet firm midday market and small gains across the board. middling cotton at 5.15.
New York June 13 market showed a healthy undertone with final prices near session highs. July purchases by spot houses estimated at 12 000 to 15 000 bales and demand from Liverpool, the Continent, and Well Street houses supported gains. Weevil reports rise in the lower South and Southeast. rain continues, dampening crops and prompting firmer fabrics demand.
Butter and eggs market figures for Chicago on June 13 show steady quotes for butter with various grades and egg prices including current receipts and storage packed firsts. The note also mentions Alfred Bernard Nobel, Swedish inventor of dynamite and a master of languages.
Stocks heavy Auburn Auto fluctuates widely. Bonds irregular rails sag. Curb steady market stagnant. Foreign exchanges easy. Cotton higher steady. Sugar higher firmer. Coffee easy with foreign selling. Wheat easy rains northwest. Corn steady small receipts. Cattle steady Hogs active and higher.
In Chicago early today wheat slid 1 8 to 1 2 lower on easier securities and favorable spring weather. prices later remained nervous with a 1 to 13 8 decline from Saturday. Corn opened 1 8 down to 1 8 up, then eased. oats fell 1 8 to 1 4. provisions ranged from 7 cents down to 5 cents up.
Cantaloupes ease with California jumbo crates fetching 3.25 to 3.50 and standard sizes 2.75 to 2.90. Watermelons dip, 18 to 28 pound varieties at 18 to 55 cents per melon. Other lines hold steady with green corn 75 cents to 1.25 per hundred ears and icebergs 3.25 to 4.25 per crate. Mississippi tomatoes 1.25 to 1.50. Louisiana shipments listed for Saturday and Sunday include potatoes, mixed vegetables, sweet potatoes, cucumbers, and onions.
Chicago market report shows hogs 30 900 with mixed weights and prices 3 70 to 3 25 for various groups, cattle 12 000 and calves 2 000 with steers and yearlings at 6 50 to 7 75, sheep 8 000 steady to firm and lambs 6 00 to 7 00. Packing sows and lighter pigs also listed with range notes and top prices.
Cotton trading in Liverpool notes 4 000 bales all American with spot demand steady yet moderate. Prices rise with American grades quoted as strict good middling 46.1, good middling 42.7, strict middling 42.2, middling 41.7, strict low middling 40.7, low middling 39.7, strict good ordinary 37.7, good ordinary 34.7. Futures close quiet with July 38.1, Oct 3.81, Dec 3.84, Jan 3.86, Mar 3.91, May 3.90.
Poultry prices listed for Chicago market show alive birds traded by 20 trucks with fowls at 12 to 18 for broilers and Leghorn broilers at 12 to 13. Roosters 8, turkeys 10 to 12, spring ducks 19 to 11, old birds 8 to 10, and geese 8.
New York stocks opened the week in a waiting mood as traders awaited Washington actions. The market showed a brief upturn amid Auburn fireworks and rail gains, then slid with declines in U S Steel Bethlehem Coca Cola and Wrigley. Call money held at 2 1/2 percent as investors weighed possible congress and policy developments.
At the Major Memorial Bible class gathering in the First Baptist church a short memorial was held for Dr A H Gladden president of the class whose death recently occurred. Songs and poems admired by the late president were shared and a memorial prayer offered. L B Pettit, former first vice president, was elected class president to succeed Dr Gladden.
The New York market shows easy foreign exchange with Great Britain at 3.67 5-8 dollars and 3.67 7-8 for cables. France 3.93 13-16, Italy 5.12 3-4, cables 5.13 1-4. Belgium 13.95, Germany 23.67, Holland 40.49, Norway 18.29, Sweden 18.84, Denmark 20.09, Switzerland 19.53 3-4, Spain 8.26, Portugal 3.37, Greece 65 1-2, Poland 11.30, Czechoslovakia 2.97, Yugoslavia 1.78, Austria 13.99, Romania 0.59 3-4, Argentina 25.79, Brazil 7.55 1-2, Tokyo 31.56 1-2, Shanghai 30.50, Montreal 86.37 1-2, Mexico City silver peso 26.10. x-Nominal rate.
Cotton seed oil closed dull in New York with prime summer yellow at 3.30 and prime crude 2.50 to 2.62 per 100 pounds. Trading included 2 contracts and sales, with quotations showing slight movement amid scant activity.
New Orleans reports steady market for cotton seed oil with contract ranges noted for Prime summer yellow at 2.95 to 3.05 and Prime crude 2.50 to 2.62. Futures show June 3.04 July 3.09 August 3.14 September 3.19 October 3.22 November 3.24 December 3.30 January 3.36.
Potatoes steady in U S shipments with mixed notes on russets and round whites. Wisconsin round whites quoted 70 to 80, Idaho russets No 1 1.25 to 1.35, southern Bliss 1.25 to 1.50. Trading fair, supplies moderate.
In New York on June 12 the spot market firmed while sugar futures advanced 2 to 4 points by 2 p.m. Firm close with gains of 2 to 4 points. Estimated sales totaled 44,700 tons with July at 72, September 79, October 82, December 86-87, January 88, March 93-94, and May 99.
Irving Pichel stars in Paramount's Forgotten Commandments a modern life drama about a brilliant scientist whose new doctrines spark a deadly murder. The film includes episodes from Cecil B. DeMille's The Ten Commandments and marks Pichel's notable Hollywood role after years on stage.
Six names were selected yesterday afternoon from hundreds of entries by juvenile visitors for the municipal zoo’s six new monkeys. Alejagua, a Spanish term for pretty girl, was submitted by Colleen Caruso, 3, of 2811 Lee Avenue. Maggie and Jiggs will name one couple, submitted by Fern Mason of 2923 Gordon Avenue. Jiggs is a curious spider monkey with wide eyes and a friendly demeanor. Mitzi was submitted by Sydney Marie Loeb, 9, though she did not provide an address. Madam Queen, a female monkey, was chosen thanks to Billy Chappell of West Monroe. Bobo, submitted by Anne Lillian Hudson, 3 and a half, from DeSiard Road, is the sixth name.
Johnny Jackson of 1020 North Third Street was shot in the left hand and cut by windshield glass when a shotgun discharged from the roadside near the Ouachita Richland line as he drove from Vicksburg to Monroe. He believes a robber planned the attack. Jackson rode with friends returning from a wedding.
F. H. Clark was fined 7.50 for drunken and disturbing the peace. R. G. Holt fined 5 for drunken behavior. Led Bamburg forfeited a $5 bond for not appearing. Jack Alexander jailed 10 days for larceny of gasoline with eight days suspended.
Members of the Phi Kappa frater nity left by motor for Memphis to attend the annual convention on June 14 15 and 16. Elaborate plans for entertaining visitors include a Monroe aggregation of 15 with sponsors Miss Blanche Deas and Miss Anna Laura Smith. Delegations from Alexandria and Minden join the trip. Monroe will not host next year.
Moscow reports the government will lead a summer survey of a potential air route across the Bering Strait to Alaska and into polar regions. An additional expedition will be organized by the All Union Arctic Institute.
Afternoon tea flights over London have resumed this year with a 38 passenger ship. Flights run Friday and Sunday afternoons as air stewards serve tea to passengers aloft over the city.
Washington reports the aeronautics branch shows U S production of 376 planes in the first quarter of 1932 versus 465 in the last quarter of 1931. The drop reflects a substantial fall in manufacturing activity during the period.
Colonist farmers quote a traditional rule linking leaf size of a white oak to corn planting time. The saying notes when leaves grow as large as a squirrel's ear, corn should be sown. The item reflects agricultural lore guiding seasonal work.
Approximately 100 Fifth District Medical Society members are slated to attend a semisannual banquet and meeting at 5 30 pm tomorrow at St Francis Sanitarium. Attendees include Dr Roy B Harrison and Dr P T Talbot of New Orleans and Dr S C Barrow of Shreveport who will speak on Surgical Treatment of Pulmonary Tuberculosis.
A fire damaged the back porch and kitchen of Donna B Fontana’s home at 2708 Gordon Avenue. A separate blaze destroyed a vacant Fifteenth Street Negro dwelling roof. At 3 AM Sunday, J R Brown’s home at 601 Benton Avenue burned with furnishings lost. church members plan a charity shower for the Brown family.
Tom Anderson was arrested by Police Officer H. B. Parker and jailed on larceny charges. He allegedly stole items belonging to Elias and Son at 517 DeSiard Street. Peter Tippit was also taken into custody by Officers L. G. Parker and D. J. Bedsole as a suspect.
The ancient deity Pan is named as the inventor of the shepherds flute used by herdsmen in rustic life. This attribution links pastoral music to Pan and the lore of pastoral landscapes.
Henry Howell 53, a retired lumber inspector and longtime Clarks resident, died shortly before midnight Sunday in a local hospital. He leaves his widow and a daughter Mrs. A. N. Bradford of Clarks, plus two brothers W. S. Howell of Bastrop and A. S. Howell of McComb Mississippi. The funeral will be held at 2 p.m. tomorrow at the Gray son cemetery.
Postmasters and postal workers are informed that the U S government will issue 3 and 5 cent stamps in purple and blue to honor the Los Angeles Olympic games. The 3 cent features a crouching Olympian sprinter awaiting the start signal while the 5 cent shows the Discobolus discus thrower.
Classes of summer courses at OQuachita parish junior college began today with 70 students enrolled. Enrollment remains open through Wednesday and all prospective enrollees are urged to register at once.
Washington reports Speaker Garner is in better shape but remains bedridden as bronchitis concerns delay his return. House Democratic leader Rainey says Garner seemed much improved after a call, though doctors advise staying in bed until midweek.
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