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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 20, 1933
Page
9
New Orleans base notes a quiet session as futures swung from gains to losses on cables and sterling. October and December posted advances early, then eased. near end prices held with small declines. Spot cotton closed steady with low to good middling ranges and significant stock at port.
New York reports a choppy session with fractional gains amid a ck market sag. October month eased to 45 as activity fell and losses mounted, with late-day liquidation dragging prices down. Spot quiet with middling around 9.25 and lows near 9.12 to 9.75, reflecting a barely steady close.
Liverpool notes show cotton trading at 7 009 bases with 6 200 American 7 in fair demand. Quotations list many grades from strict good middling to good ordinary, with closes steady and futures for July October December January and May at values around 5.93 to 6.03.
In New Orleans on June 20, cottonseed oil market held steady with ranges for prime and crude grades and futures listed. New York notes futures barely steady with spot at 5.50 and various futures quoted through December, signaling limited movement and contract activity.
Foreign exchange markets in New York show a 4 percent decline with strong demand for British pounds and currencies in cents. Rates for Great Britain around 4.18 and 4.18 3 4 for cables, France at 1 2, 4.84 1 2, Italy at 44 1 2, and various Belgian, German, Dutch, Norwegian, Danish, Swiss, Spanish, Portuguese, Greek, Polish, Czechoslovak, Yugoslav, Austrian, Romanian, Argentine, Brazilian, Japanese, and Canadian dealings listed with contingent quotes and N marks.
Potatoes in Chicago on June 20 show strong trading and moderate supplies. USDA reports total U S shipments at 468 while new stock remains firm. North Carolina cobblers fetch 3.75 for No 1, Oklahoma Arkansas and Louisiana Triumphs No 1 at 2.25, with some 2.00-2.15 for old stock and limited demand. Wisconsin round whites and Michigan Bussett Rural varieties range 1.35 to 1.50, with occasional higher prices.
Call money steady at 1 percent through the day. Time loans remain steady with 60 to 90 days at 1 and 4 months at 1 11 4, 5 to 6 months at 1 4 percent. Prime commercial paper at 13 4. Acceptances unchanged.
New York stocks rise early with profit taking. Bonds and utilities advance while rails firm. Curb stocks improve on checks. Foreign exchange markets show sterling at a new high. Cotton eases with favorable weather. sugar steady. coffee down on selling. Chicago wheat slips after heat wave ends. corn follows. Cattle steady to strong. hogs steady to 10 cents higher to top at 4.70.
Chicago grain markets rose early Tuesday amid moisture relief and cooler conditions in the northwest. Corn and oats posted fresh seasonal highs while wheat advanced but closed mixed as July contracts traded around 0.75. Declarations cover oats rye barley lard and futures quotatio...
New Orleans market notes show mixed fruit and vegetable prices with cantaloupes and plums down slightly while new potatoes and Creole onions hold. California lemons and Valencia oranges fetch notable box prices, while Georgia and Mississippi peaches and Louisiana snap beans are listed with varied crate and bushel rates. Monday shipments include four cars tomatoes and three cars peppers.
USDA note shows hogs 25 000 head including 13 000 direct with most trades 10 higher. Cattle 6 000, vealers 4.50 5.50, steers 5.25 7.25, 550 1500 lbs. Sheep 5 000 with strong to higher quotes, lambs 10 15 higher.
The sugar market rose Tuesday with covering and speculative buying. July contracts climbed to 1.41 and December to 1.50, late market near best 1 to 3 points higher. Futures closed steady 2 to 3 higher with 18,200 tons sold. quotes list July 1.38B Sept 1.43 Dec 1.49 Jan 1.50B Mar 1.56 May 1.60.
Chicago June 20 live poultry unsettled market with 60 trucks on hand. Hens quoted 9 1 2 to 10 1 2, Leghorns 8, roosters 8 1 2, No 2 6, turkeys 19 to 11, spring ducks 8 to 9, old 5 to 6, geese 6 1 2, Leghorn broilers 11 to 13 1 2, Rocks 16 to 17, colored 15 to 16.
U S markets rose as the dollar slipped but heavy profit taking limited gains. Trading slowed with about 6 million shares changing hands amid inflationary optimism and officials awaiting policy moves affecting farmers and oil.
Butter prices in Chicago on June 20 show firm creamery specials at 23 to 23 1 2 for 93 score and extras at 22 1 2, firsts 19 1 2 to 20 1 2, with various grades and 18 1 2 for standards. Eggs move at 12 1 2 to 15 305, with firm extra firsts 12 1 2, fresh graded firsts 12 1 4, current receipts 10 3 4, storage packed firsts 13 and storage packed extras 13 1 4.
The notice details diverse mineral and surface interests across multiple Monroe parcels under Oliver B Morton. It lists undivided interests in squares, sections, tracts, and mineral rights with precise bearings and boundaries, culminating in sale terms. The administrator Daisy Roberts Morton announces the properties to be sold for cash at not less than two thirds of appraised value, free of liens, dated June 20 1933.
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