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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 15, 1932
Page
9
In New Orleans on June 15 cotton futures advanced with July near 5.25 and December around 5.60 as traders cited mild bullish weather and crop reports. Exports reached 31,852 bales while late-session activity lifted prices 11 to 14 points, closing near session highs.
Nervousness over boll weevil damage and firmer markets push cotton futures higher. July climbs to about 5.22 and December to 5.60 with steady trade selling and late-day gains. spot middling at 5.35.
Prices finished at day’s high, 12 to 14 points above prior close as buyers from the south New Orleans and local professionals absorbed offerings. July liquidation appeared, but demand remained solid with broader outside buying and favorable weather reports shaping the outlook.
Chicago market notes list poultry types with varying price ranges for fowls broilers leghorn roosters turkeys spring ducks and geese. The report records 38 trucks in steady movement and shows a mix of 7 9 10 to 12 percent adjustments across categories.
A Delaware motorist recalls an event where a party was underway and at about 1:30 the automatic fire sprinkler system activated, bringing the scene to a halt.
Stocks strong and bonds steady as U S governments remain firm. Curb markets firm with utilities rally and foreign exchanges easy. Cotton higher and coffee quiet with Brazilian support. Wheat firm with sharp advance in Liverpool. corn firm with export activity and Nebraska insect reports. Cattle and hogs show steady to higher movement.
Chicago grain prices moved higher after an early dip. Wheat finished 1 1 4 to 15 8 above yesterday, corn up 3 4 to 11 8, oats 3 8 to 3 4, and provisions steady to 5 cents higher as the market recovered from the morning slide.
New arrivals stretch across Georgia Uneeda peaches Alabama watermelons and Florida Tom Watson melons with crates and per unit ranges. Creole onions sweet potatoes snap beans lettuce tomatoes cucumbers peppers okra and more noted with prices by crate cwt and lug box. Louisiana and Mississippi car shipments counted with counts of cars for potatoes sweet potatoes cucumbers tomatoes mixed vegetables and corn.
The report lists global currency rates with British pounds at 3.66 1 4 dollars and 3.66 1 2 cables, France at 3.93 3 18, Italy at 5.11 3 4, and other nations including Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Yugoslavia Austria Romania Argentina Brazil Tokyo Shanghai Montreal Mexico City in nominal terms.
Liverpool reports moderate demand for cotton with nine point price gains. Quotations show American grades at various middling levels and futures closing quiet and steady with July through May contracts listed.
Potatoes on track at 88 with 176 new and 60 old shipments totaling 680. Supplies moderate and trading fair, southern classes 1.50 to 1.70 for some grades. Wisconsin round whites 65 to 80 cents, Idaho russets 1.25 to 1.49.
New York stocks advanced in the final session with gains largely 1 to 5 points as banking and government bond leadership helped lift markets. Major issues such as American Telephone, Macy, and Union Pacific posted notable rises, while equities and petroleum statistics showed firmer tones amid broad optimism.
A. P. Tugwell chairman Louisiana highway commission was ordered to bed during a weekend visit to Winnfield. On Wednesday he showed improvement and planned to return to Baton Rouge by Thursday to resume duties. He received a few visitors but did not comment on state affairs.
A frame dwelling on the Splane place just north of West Monroe burned today at noon in an undetermined origin fire. The owner occupant Vena Lee was away. neighbors saved front furniture before Monroe fire department responders arrived.
An ambulance responded to 700 block DeSiard Street after a man named Charlie Richardson reportedly fell and entered a trance. He was transported to St. Francis sanitarium while in the trance delivering fervent sermons.
Hogs 17 000 head with 5 000 direct demand strong to 5 higher top 3 80 230 260 Ibs. Packing sows 200 250 Ibs 3 55 3 80 250 350 Ibs 3 30 3 65 pigs 100 130 Ibs 3 00 3 40. Cattle 6 000 calves 2 000 fed steers yearlings 15 22 higher active at advance top 7 65 weighty steers. Slaughter cattle vealers steers 600 900 Ibs 6 50 7 75 900 1100 Ibs 6 50 7 75 1100 1300 Ibs 6 50 7 75 1300 1500 Ibs 6 75 7 75 Vealers milk fed 5 50 6 25. Sheep 9 000 slow but steady good to choice native ewe wether lambs 6 25 7 75 few 7 00. Lambs 90 Ibs down 6 25 7 10 ewes 90 150 Ibs medium to choice 1 00 2 25.
In New York on June 15 Cottonseed Oil closed firm with prices for Prime summer yellow at 3.40 and Prime crude at 2.62 1 2 2.75. Trading included 14 contracts with varied quotations around 3.70 to 4.00 per unit amid mixed listings and miscellaneous figures.
New Orleans on June 15 reports steady close for cotton seed oil with prime summer yellow at 3.00 to 3.10, prime crude 2.62 1 2 to 2.75, and futures for June 3.15, July 3.20, Aug. 3.22, Sept. 3.28, Oct. 3.30, Nov. 3.32, Dec. 3.35, and Jan 3.38.
Call money remains steady at 2 1 2 percent for the day. Time loans hold at 11 2 percent for 60 to 90 days and 11 2 percent for 4 to 6 months. Prime commercial paper ranges from 2 3 4 to 3 percent. Bankers acceptance unchanged.
Butter prices linger unsettled with 11 924 barrels traded and eggs steady at mixed quotes. Reported figures show fresh receipts and graded firsts at varying levels while market chatter names several firms in related commodities.
Mrs Jewel L McQuiller outlined a budget based canning plan at a North Grand street demonstration. She listed per person quantities for tomatoes okra corn beets kraut peas beans soup mixture berries figs peaches pears jellies jams preserves pickles relishes fruit juices beef pork chicken with notes on scaling by family size and storage tips for preventing spoilage.
Henry Howell age 53 died Sunday night at his home one mile north of Clarks from Brights disease and heart trouble. Funeral at Grayson Methodist church Tuesday at 4 pm. interment Welcome Home cemetery near Grayson. Survived by wife and daughter Mrs A N Bradford, two brothers W S Howell of Bastrop and A S Howell of McComb. Former lumber inspector for Louisiana Central Lumber Co. long resident of Clarks.
The Pelican State Herald published by the Catholic church of Louisiana shifts from semi monthly to weekly. Rev. B S Scallan assistant pastor of St Matthew's Catholic church edits this week edition with Rev B A Scallan listed as editor.
Norime Thompson aged two and a half died at a local hospital this morning. Survived by parents Mr. and Mrs. Jeff Thompson of Dunn Louisiana and two sisters Frances six and May four. Funeral tomorrow at 10 o clock at the Dunn residence. Interment Delhi cemetery.
Dorothy Felker, 17, completed her high school education in Council Bluffs Iowa after attending 25 schools in 10 cities due to her father a theater manager’s transfers. Her school journey resembled a jigsaw program as she moved frequently.
Spartanburg June 15 JP Young Wilmer Hines of Columbia remains the sole South Carolina entrant in the Mid-Dixie men’s singles as quarterfinal action approaches. Hines beat Joe Grier of Charlotte and then Ray White of Miami to advance, while Doc Barr of Dallas and John McDiarmid of Fort Worth upset Spartanburg foes.
The Monroe offense stranded runners in the eighth and ninth as Jackson scored the winning run in the eighth. McShane and Bilgere featured in key rallies, with Brown delivering a decisive hit for the visitors. Irwin pitched for Monroe against Crouch, who took the loss after a late bases loaded situation.
Pine Bluff defeated Port Arthur Texans in a power hitting game with six home runs five by Pine Bluff and one by Port Arthur. Danforth pitched a complete game allowing eight hits and one run while Davis and Welch led Pine Bluff with key hits and four runs scored. The series continues with El Dorado at Baton Rouge Pine Bluff at Port Arthur and Jackson at Monroe.
Earl Averill clouted his tenth homer and doubled with two singles as the Indians crushed the Yankees. Al Van Camp drove in four for Boston, scored the winning run on a sacrifice against Detroit. Jimmy Foxx drove in four for Philadelphia with two homers against Detroit. Bruce Campbell and Irving Burns each had four hits, four RBIs, and scored seven for Cleveland against Washington.
A massive volcanic crater shapes Pago Pago bay in the South Seas, creating a vast natural harbor and defining the surrounding coastline. The feature highlights the island group's geologic history and maritime geography.
Kingston New York June 15 The heavyweight champion Max Schmeling fears going stale ahead of his title defense against Jack Sharkey. He trained on a golf course yesterday and planned no work today. Pop Foster of Jimmy McLarnin's camp visited, dismayed Schmeling was on vacation. He will resume work Thursday rest Friday and finish prep with workouts Saturday and Sunday.
Boxed wrestlers from New York New Haven Baltimore and surrounding cities report bouts with names including Ed Lewis Sam Stein Sandor Szabo Tiny Roebuck Dick Shikat George McLeod Scotty McDougall Roland Kirchmeyer Lilo Nardi Fred Grubmier George Kotsonaros Jim McMillen Frank Brunowich Tom Marvin Jack Zarnos and venues cited with match times. Strong entities include city and state locations plus wrestler names and weights.
The Ruston baseball club overwhelmed the Progressive Men's nine of Monroe 17 to 2 at Memorial park in Ruston yesterday. The game showcased Ruston hitters powering past Monroe with a decisive win.
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