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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 19, 1934
Page
10
Cotton futures ended the day with gains of 20 to 21 points, helped by rain and government relief expectations. July to December prices rose to 12.16 12.58 12.50 respectively, while spot cotton closed steady at 21 points higher with sales 770 and receipts 5,093.
Prices eased from an active open as improving southern weather prospects prompted selling. October slid to 12.22 while nearby months posted 4 to 6 point gains. Afternoon covering and tying lifted futures 21 to 24 points with spot around 12.35 and a steady close.
Cottonseed oil markets closed firm with New Orleans values for prime summer yellow at 4.95 to 5.10 and prime crude 4.25 to 4.50 while June through December futures listed. In New York bleachable cottonseed futures finished firm with spot not quoted and contracts totaling 57 with 16 switches across various months.
Hogs 20 000 head with 6 000 direct. market active and steady to 10 lower. Pigs 2.50 to 3.50. packing sows 3.85 to 4.15. weights 200 to 350 lbs. Cattle 11 000. calves 4 000. steady trade on fed steers and yearlings. vealers down 25 or more. Sheep 5 000. bids and sales steady to strong. spring lambs up to 9.00. ewes 1.00 to 2.25.
Liver pool reports spot cotton bids steady with prices up several points across grades. Quoted levels include American strict good middling 17.27 and other grades from good middling 6.97 to strict good ordinary 6.07. futures closed steady with July at 6.46 and remaining months near 6.37 to 7.37.
On June 19 the U S Department of Agriculture reports mixed potato trading with moderate supplies and slow demand. Idaho russets sell around 1 15 to 1 25 per unit while U S No 2 lands at 80. Mississippi U S No 1 trades near 1 40 to 1 50 with slight decay. North Carolina barrels fetch 2 50 to 2 60.
Butter and eggs market report shows butter at 5 730, steady with prices unchanged and sales at 50 lots extras 243-4. Eggs at 11 750, steady with no changes in price and no egg sales.
June trading saw stocks retreat after a firm start as traders priced in a summer congressional adjournment. Many issues slipped about two points while a handful rose, with transfers around 825,000 shares as bonds and commodities showed modest moves.
Thousands of alewives crowd banks and pools as they push toward spawning beds in Damariscotta Lake. The annual run, tended by a local family for 55 years, will fill about 1 000 barrels and once supplied the West Indies as salted fish with raw bananas.
New York stocks were heavy with leaders sagging as traders realized profits. Bonds were mixed while U S governments eased. Sugar and cotton showed uneven movement amid weather and trade forces. Chicago wheat firm with late eastern buying. corn steady amid continued crop damage. cattle steady with top at 10.25. hogs steady to 10 lower, top 5.00.
Chicago grain values opened stronger with no rain in the corn belt aiding gains and reports of spreading chinch bug infestation. September futures edged up to 95 3-8 but later wheat slipped while corn drifted, oats fell 1-4 to 1-8, and provisions mostly down.
In New York sugar futures, July and May contracts slipped as July liquidation and selling by houses with producing connections increased. At 2 p.m. July and May traded near low levels, with final closes showing declines of 3-5 points across contracts and total sales of 32,600 tons.
The report shows steady foreign exchange with Britain at 5.04 3-4 dollars and other currencies quoted in cents or fractions. It lists demand and cable rates for multiple nations including France 6.60 1-2, Italy 8.63, Belgium 23.38, Germany 38.11, and Switzerland 32.52, plus notes on Tokyo 30.00 and Shanghai 33.12 1-2.
Poultry live market in Chicago shows steady trading with 54 trucks. Hens range 12 to 12 1 2, leghorn hens at 10, rock fryers 22 1 2 to 24, colored 21 1 2, rock springs 26, colored 24, rock broilers 19 1 2 11 2, colored 19, leghorns 15 to 18, barebacks 16 to 18, roosters 8, turkeys 10 to 14, spring ducks 12 to 14, old birds 7 to 8, spring geese 13, old 7.
Call money 7 a NEW YorK June 19 Call money steady 1 per cent all day Time loans steady 60 days 6 months 3 4 per cent Prime commercial paper 3 4 per cent Bankers acceptances unchanged Rediscount rate New York reserve bank 11 2 per cent
Seven year old Mary Ebarquarry, shown at Santa Ana hospital in San Juan Cal, is described as emaciated and neglected after being rescued from a chicken pen where her mother allegedly imprisoned her believing she had an evil eye.
Rep. Rupert Peyton denounces Governor Allen for opposing taxes while administration bills push new revenue via nine tax measures. He highlights lines in bills for natural gas, petroleum, liquor, utility, stock exchange, newspaper, income, beer, and slot taxes, and mocks the administration stance with a proposed counter wording. He notes the irony of contrasting positions and cites press aid limitations.
Classified ads rates for Morning World and News-Star World Monroe include per line pricing and minimum charge. Public notices list multiple sheriff sales in Ouachita Parish Louisiana with dates in 1934 and detailed property descriptions and cash terms.
In the Fourth Judicial District Court of Ouachita Parish Louisiana the sale is set for Saturday July 28 1934 of Block C West Monroe per the 1886 plat. The lot begins at the north line of Wood street and east line of Cotton street with a 25 foot frontage and 80 foot depth. seizure and sale end all costs. Bidder.
Native Louisianian with 29 years in hotel work offers to buy or manage a hotel. R B Miller c/o Owen House Minden La desires Hutchison or Wichita Kansas as relocation option. Will share expenses. Phone 3385 W. Headaches relieved by spinal massage 1.00 Earl B Simmons Scientific Masseur 308 Bernhardt Bldg. Notice to contractors.
Milner Fuller Inc advertises a selection of used cars with prices ranging from 65 to 485 dollars. Highlights include 1932 V-8 Sedan 485, 1938 Chevrolet Coupe 445, 1930 Ford Tudor 225, and multiple Ford and Chevrolet models plus several good used trucks.
A1 condition autos and deals listed by E. R. McBride at 1816 DeSiard with car models including 1932 Chevrolet 4 door sedan for 445 dollars and other prewar sedans and coupes priced from 96 to 445 dollars. Phone 1692.
Classified list of used cars with models including 1933 Chevrolet Coach 1932 Chevrolet Cabin 1930 Chevrolet 8 Coupe 1930 Chevrolet Coa 1931 Ford Coupe 1931 Ford Victoria 1930 Ford Coupe 1929 Ford Coupe 1932 Oldsmobile Ce Sedan 1930 Buick Sedan 1929 Buick Sedan 1929 Oldsmobile Co.
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