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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 14, 1934
Page
12
In New Orleans on June 14 the cotton market traded quietly with prices slipping on bearish May figures and weather concerns. July to December futures fell to 11.96 12.27 as shorts covered late, with the day closing barely steady and down 14 to 17 points. Spot cotton closed steady with 909 sales and various grade prices published.
New York reports a lower cotton market due to liquidation and reshaping by favorable eastern weather. October futures fell to around 12.23 to 12.28 early, then drifted as purges reduced volume. later trading showed irregular moves with nearby months down 10 to 12 points and spot middling at 12.15.
June 14 Liverpool reports moderate business with 2,500 American cotton included. Prices edge lower across grades with American strict good middling at 6.98 and good ordinary at 5.87. Futures quotes steady with July at 36.42 and several months near 6.32.
In New Orleans and New York on June 14, cottonseed oil futures held steady. Prices for prime yellow ranged 4.80 to 4.95, with crude at 4.37 1-2 and various months quoted up to 5.38. New York spot values ranged from 5.25 to 5.88 with 66 contracts traded, including 42 switches.
Butter prices show unsettled creamery lots with a 93 score and various grade ranges. Eggs list unsettled current receipts and fresh graded firsts, noting no egg sales at the moment.
Railroad and motor coach timetables for Illinois Central, Missouri Pacific, and interurban lines list arrival and departure times across east and west routes. A New York stock market note dated June 14 reports declines driven by steel strike fears, German moratorium, and grain weakness with mixed sector resilience and modest turnover.
New York markets show heavy stocks and mixed bonds while German bonds rally after early weakness. Commodities mostly lower with oils and sugars steady, coffee easing amid unsettled Brazilian markets. Chicago wheat slides, corn firm amid crop damage fears, cattle and hogs move modestly with hogs up to 4.85.
Chicago grain opened with declines across wheat corn and oats. Wheat fell to 95 1 2 to 96 3 4, corn slid early then rallied, oats eased, and provisions held firm with gains up to 12 cents by close.
Chicago June 14 USDA reports hogs 17 000 with direct 6 000 up 25 to 35 cents and pigs down to 3 50. Cattle 6 000 and calves 2 000 show steady to higher. top steer price 9 90 and vealers firm. Sheep 10 000 with spring lambs strong to 25 cents higher. prices listed for various weight ranges.
Irregular foreign exchange rates reported in New York on June 14 show Great Britain at 5.05 in demand and cables with 60 day bills at 5.03 7 8. France and Italy quotes around 6.60 and 8.61. Demands list multiple nations with varied figures including Belgium Germany Holland Norway Sweden Denmark Finland and others.
Potatoes on track with 63 cent prices and 211 shipments. Old stock dull supplies moderate and demand light. Wisconsin round whites U S No 1 105-120 cents. Alabama Louisiana Oklahoma Mississippi prices noted with slight decay and varied grades.
New York sugar markets opened firm on steady spot prices before modest liquidation and hedge selling. July eased to 1.59 after a 1.60 peak, March slipped to 1.82, with futures closing unchanged and 36,959 tons sold. Prices listed: July 1.60, Sept 1.55, Dec 1.76, Jan 1.77B, March 1.83B, May 1.88B. B-Bid.
An estimated 60.9 billion cigarets are consumed annually in China with a large share produced domestically from American tobacco or imported from the United States. The list also references major U S industrial firms and their stock presence in diverse sectors.
The Louisiana House adopted without dissent a resolution urging the governor to provide cost data on maintaining nearly half the state departments outside the capitol. Presented by Rep Goode Smith the measure laments the move from the constitutional seat and notes rental costs. Departments outside Baton Rouge include the supreme court conservation board of health and state fire marshal's office.
A Louisiana House resolution praises two penitentiary escapees as displaying rare judgment and great pride when fugitives fled during a legislative inspection. Reps Chandler and Peyton urge Governor Allen to grant them full and unconditional pardons.
Detroit reports that Mrs Jeanette Piccard completed a two part solo training flight for a balloonist license. She launched at 1 30 am and landed near Detroit before continuing to Leamington Ontario for a daytime solo leg. She telegraphed her husband Prof Jean Piccard and instructor Edward J Hill that the landing was very good.
Sam Simmons three year old son of C D Simmons of Clarks underwent an operation for appendicitis Thursday at St Francis sanitarium. He was taken to the sanitarium after an acute illness of unknown nature developed Wednesday night and doctors determined an appendectomy was necessary.
The condition of Miss Opal May of Bays La. who underwent an emergency appendicitis operation Wednesday at Monroe General Hospital was reported to be improving Thursday morning.
Chicago June 14 live poultry market reports 46 trucks steady hens classes listed including Leghorn hens fryers and roosters with varied pricing for colored Rock springs and other poultry groups. Prices span multiple categories with spring and old stock shown for ducks geese and turkeys.
Call money remains steady at 1 percent for the day in New York. Time loans show 6 months at 3-4 percent and 60 days unchanged. Prime commercial paper at 3-4 percent. bankers acceptances unchanged. Rediscount rate at New York reserve bank is 1.5 percent.
Legal notices warn against trading a mislaid stock certificate No. 16332 issued January 8 1929 to J B Gordon later transferred to Louis L Peters on January 23 1932 for ten shares of Peoples Home stead and Savings Association Stock. Also notice of filing of final account in the succession of Robert O Morrison case No 3662 Ouachita Parish Fourth District Court creditors and interested parties must show cause within ten days why the account by Central Savings Bank Trust Co should be approved and funds distributed. Judge J T Shell and D I Garrett preside. dated June 13 1934 with clerk seal and deputy clerk Leon H Pooser.
Public notice catalog outlines various classified sections from Lost to Real Estate. It includes multiple sheriff's sale announcements under Fourth Judicial District Court Ouachita Parish detailing property seizures and auction times in Monroe Louisiana for June 1934.
Public sale notices from the Ouachita Parish Fourth Judicial District court outline tax and mortgage foreclosures in Monroe Louisiana. Writs of possession list property details at the western courthouse front door with cash or credit terms for the highest bidder. Succession of Robert L Kellogg processes include sale of real estate and improvements in Monroe.
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