Cotton market report New Orleans June sixteenth
The New Orleans market closed quiet with cotton at 64 cents for middling and 107½ cents for low middling. Receipts totaled 17 357 bales with the stock at 373 113 bales.
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 16, 1936
Page
18
The New Orleans market closed quiet with cotton at 64 cents for middling and 107½ cents for low middling. Receipts totaled 17 357 bales with the stock at 373 113 bales.
Liverpool reports cotton bales including 11 000 Americas with spot prices up two points and quotes for American mids and strict middling. A new RAF plane design described as web like with no braces is deemed groundable only with heavy anti aircraft fire.
A fragmented listing shows station names and routes from Mississippi to Tennessee and Arkansas with multiple rise and fall values. The text includes place pairs such as Helena to Vicksburg and Nashville to Cumberland. numbers suggest timing or measurements. The entry resembles a timetable snippet with occasional city names like Little Rock Shreveport and Pittsburgh Cincinnati.
New York stocks firm with steel and rails rallying mildly while bonds stay steady. Italian issues rise, foreign exchanges uneven as sterling hits a new high. Cotton steady amid dry eastern belt, sugar and coffee weaken. Wheat advances in Chicago on domestic drought, corn firm with wheat, cattle up, hogs down to about 10.20.
Wheat edges up from a sharp advance with July at 87 1 4 to 88 1 8, September 89 1 2 to 1 8, while July corn slips then firmers to 62 1 2. Oats rise 1 8 to 1 4, provisions steady to higher, reflecting a cautious market mood.
Chicago market summary shows hogs 16.090 with direct markets down up to 10 points from Monday. cattle and calves 6,900 and 2,000 head, demand strongest for fat steers and light cattle. spring lambs steady with some values near 11.00 to 12.00 for desirables, ewes and yearlings mixed as buyers focus on fat stock. Bulls, cutters, and stockers show varied movement with overall moderate activity in a tight supply environment.
The New York stock market rose with steels and industrials posting fractional to multi point gains. J I Case climbed about four points while several names like U S Steel and Du Pont rose modestly and others fell around a point. trading was slow near mid session amid tax talk and overseas concerns.
Chicago June 16 report lists U S potato prices by grade and state. Bliss and other varieties cited with U S No 1 and No 2 prices. Supplies described as light to moderate and demand light in several regions including Arkansas Oklahoma Mississippi Alabama Louisiana Idaho Wisconsin Minnesota North Dakota California.
New York sugar futures eased after early firmness as traders sold off. July fell from 2.90 to 2.87 and November from 2.84 to 2.83, with No. 3 futures closing barely steady and 1 to 4 points lower. Sales totaled 7,500 tons with quotes at July 2.86, September 2.85, November 2.83, and nearby 2.56 for January March May.
Call money stays at 1 percent all day in New York. Prime commercial paper trades 3 to 4 percent. Time loans firm at 60 days 6 months 1 1/4 percent. Bankers accepts unchanged. rediscount rate at the New York Reserve Bank is 1 1/2 percent.
The market reports irregular foreign exchange with Great Britain in dollars and other currencies in cents. Key figures include Great Britain at 5.041-4, France 6.583-8, Italy 7.87, Belgium 16.91, Germany 40.28, Holland 67.60, Sweden 25.98, Denmark 24.49, Portugal 45.71-4, Argentina 33.60, Mexico City 27.85, Shanghai 30.25, Hongkong 32.4, New York Montreal 100.155-8, and Montreal New York 99.843-8.
Chicago June 16 Poultry prices listed for live stock show steady trading across 1 car and 47 trucks. Hens and roosters vary by breed with Leghorn hens at 15 1/2 to 18 cents, Plymouth Rock and White Rock lines at 23 to 27 cents, turkeys 13 to 16 cents, and ducks and geese priced from 10 to 16 cents.
Chicago market notes show butter firm at 19 090 with creamery specials and various grade levels. Eggs firm with local extra firsts at 211 2 and fresh graded firsts at 21 2, plus current receipts and storage figures.
Cottonseed oil futures closed steady in New Orleans and firm in New York. Prices for July through December futures ranged from 8.17 to 9.17 dollars, with 73 contracts traded.
Ferriday residents Mrs Helen Bartel visits Monterey. Miss Mary Pritchard and Miss Harriet McElhinney return home after Sandusky visit. Presbyterian auxiliary Business Woman’s circle met with Miss Gladys French hosting. The Bass family visited Monticello and Brookhaven. Moffett family back in Greenville after visit. Suttons plan move to McGehee. Dykes relatives visiting Lawson and El Dorado. Donald Orr returns from Pineville for summer. Miss Dewey Hemphill visits Monroe.
Frances Dee is the central figure in the film Half Angel at the Paramount today and Wednesday. Brian Donlevy Charles Butterworth Helen Westley Henry Stephenson and Sara Haden co star in the crime drama billed with the "poison queen" and "sorrow girl" labels.
Classified sections show rate per line for multiple repeats and a long list of categories from legal notices to real estate and autos. Public sheriff sale items detail property seizures in Ouachita Parish Monroe with dates in 1936, including Lot 1, Block 22 and Lot 15, Block B.
Public sale of seized property from two writs of ft fa in Ouachita Parish. Items include a 1930 Ford roadster and extensive grocery store fixtures and merchandise listed from a Monroe premises. Sales set for June 27 1936 and June 25 1934 with costs to satisfy writs.
An advertisement urges reporting found items not in The News Star or Morning World and using the Losers Service Bureau for owner recovery. It lists a registered Spearer corsetter by Mrs J C Ziegler at 1408 Fairview and a contact phone 2298 for the ad.
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