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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 15, 1936
Page
9
In New Orleans traders push cotton futures higher amid upbeat cables and goods data, with July steady around prior close and October up to 11.20. Spot cotton closes quiet at unchanged to higher as sales reach 150 bales and receipts total 6,120.
New York June 15 cotton prices moved higher on continued demand and covering. October reached 11.27 and March 11.23 in late trading while spot middling held at 11.79. Futures closed steady to up several points with buying linked to favorable trade reports and better statistics.
Liverpool reports moderate spot business with prices up by three points. Quotations list American strict good middling at 7.50 and other grades from 7.20 to 5.79, while futures close very steady with July at 6.33 and later months around 5.90.
Cottonseed prices in New Orleans closed steady with bleached prime summer yellow at 8.75 to 8.95, prime crude 7.87 to 8.00, and various futures listed for June to January. In New York futures closed firm with July at 9.11 to 9.93. The British ministry of labor exempts hotel pressed-clothes tailors as hotel workers. Reginald Owen, veteran actor, served as a Royal Garrison lieutenant in WWI.
Flood stage readings and changes for multiple river stations across the Mississippi Arkansas Ohio and Tennessee basins list rises falls and 24 hour changes at Memphis Vicksburg Baton Rouge Shreveport Cincinnati and Chattanooga among others. The data notes stage levels and trend directions with uncertain formatting in places.
New York stocks steady with specialties advancing and bonds flat to higher. Oils and specialties in demand as foreign exchanges show mixed results. Gold currencies decline. Cotton steady with trade buying. sugar up. coffee down on foreign selling. Chicago wheat strong with northwest pressures. corn up. cattle steady. hogs steady to strong with top at 10.25 dollars.
Chicago grain prices rallied as spring wheat areas reported little moisture. Wheat opened steady to up, then rose across contracts with July near 8.55 and September around 8.61. Corn started mixed, firming after slight dip, oats advanced, while lard and bacon futures showed mixed changes.
Stocks rose fractions to two points on gains in J I Case American Woolen preferred and Du Pont while profit taking kept leaders in a narrow range. Wheat rallied on spring crop drought fears and carrier bonds moved higher as investors awaited tax verdicts and soldiers bonus spending.
Hogs 16 000 with 5 500 direct mostly steady. top 10.25. bulk 160 250 lb. cattle 13 900 with 2 000 calves. yearlings and light steers active, heavy weights dull. fat steers mostly unsold. cows draggy. vealers steady to 25 lower. stock calves 7.75 8.50. sows 8.25 9.10. Sheep 8 000 fairly active. spring lambs stronger. ewes 3.00 3.75. yearlings 8.00.
Sugar futures firmed as near months saw short covering and Cuban and local buying for later positions. July rose to 2.99, September to 2.88 with minor gains in late trading. No. 3 closed 1 to 3 higher. Sales 10,150 tons. July 289B, September 287B, November 2.845, January 2.608, March 2.598, May 2.61B.
The New York market lists irregular foreign exchange with rates for Britain at 5.02 7-8 dollars, France 6.58 3-8, Italy 7.87, and numerous country demands and locales including Belgium 16.92 and Germany 40.2% regol. Travel 24.50, Hongkong 32.871-2, Shanghai 30.121-2, Mexico City 27.85, plus cross rates for Montreal and New York in Montreal.
Notices from Ouachita Parish courts list receivership sale of H Ellis Inc assets in Monroe with property at 614 DeLliard Street to be sold June 27 1934. Sheriff sale includes parcels for Katie Whitehead and others July 11 1936 and three properties for The Federal Land Bank of New Orleans J W Boutright and Robert Layton adjacent to Ouachita avenues.
U. S. Department notes stock levels and prices across states as of Saturday and Sunday. New stock shows strength with steady demand, prices listed for U S No 1 and No 2 in Mississippi Arkansas Oklahoma Alabama Texas California Idaho Wisconsin Minnesota and more.
Chicago market prices list live poultry with trends by weight. Hens steady, chickens easy. Leghorn and Plymouth Rock varieties appear with several weight classes and assorted prices for fryers, roosters, ducks, geese, and turkeys.
Chicago reports butter and eggs price lines with 1929 production milestone notes. Butter extras and firsts listed with various grade figures for June. The section notes motor car production peaked in 1929 at over five and a half million units.
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