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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 21, 1932
Page
8
The New Orleans cotton market opened quiet with futures edging higher on rains and boll weevil fears. July climbed to 5.30, October to 5.50, December to 5.65, before later easing. morning highs supported by demand and heat in the Gulf states. Close showed small net gains of 2 to 4 points as July October December traded around 5.21 to 5.66.
New York trading reports cotton futures advance 7 to 10 points midday with July around 5.28 and December near 5.67 amid showery weather hopes and stock steadiness. Chicago hogs and cattle markets remain steady to firm with hogs 4.10 top and cattle steady to strong across weight classes as traders weigh improved conditions.
Chicago June 21. USDA notes total US shipments 49 percent with 218 new and 55 old stock. Trading slow overall with few high quality lots. Southern Bliss 130-40 improved, dull trading for old stock. Wisconsin round whites and Idaho Russets show modest activity with narrow price ranges.
A traditional Japanese wedding ceremony features 18 exchanges where the bride and groom pass a single wine cup between them. The ritual symbolizes harmony and unity as the couple completes the sequence together.
Stocks weak with industrials leading the decline while bonds hold firm and curb trading drags. Foreign exchanges steady with the yen hitting a new low. cotton quiet yet steady and sugar and coffee softer on poor spot demand. Chicago reports wheat easy on larger southwest receipts and absence export demand. corn down on favorable crop news. Cattle and hogs steady to firm.
Weather delays in Kansas and Oklahoma fueled market movement as wheat opened 1-8 to 1-4 higher and held near gains in Chicago. Corn opened flat to 1-4 higher and then eased, reflecting harvest pace and demand signals.
New York prices rose morning then slipped in the afternoon finishing 3 to 4 points higher than the previous close. July contracts saw continued liquidation while spot houses bought. Weather and crop data dominated near term outlook with heavy rains in Oklahoma and northwest Texas and widespread showers in the southeast. Weevils and bollworm activity reported in Georgia and South Carolina with Oklahoma infestations up to eight times last year.
Liverpool June 21 report shows cotton futures closed steady with July at 4.13 and May at 4.29. Spot demand described as fair with American bales reaching quotes from strict good middling to low middling ranges, reflecting higher points across the board.
In New York on June 21, foreign exchange quotes show steady levels with Great Britain at 3.60 in dollars and 3-8 for cables, and various nations listed with demand and cable figures including France 3.92 7-8 and Germany 23.75. Other entries cite Belgium 13.90 1-2 and Argentina 25.78 along with Tokyo 29.49 and Mexico City 27.55 in silver peso terms.
The New York stock market ended dull then sank in late trading on June 21 with about 500000 shares changing hands. Losses of 1 to 2 points were common as American Smelting and allied issues fell while bonds held steadier and traders watched the Lausanne conference and Democratic convention for possible impacts.
The Chicago report explains that the rules committee could urge the convention to set aside the two thirds requirement. It would consider governing rules where a majority or plurality of delegate votes decides the presidential nominee. Adoption would need only a simple majority at opening of the convention.
On June 21 vegetables showed little price change. Sweet potatoes sold lightly at 50 to 60 per cwt while Louisiana Triumphs or Burbanks brought 65 to 90 per cwt. old Maine crops 1.00 to 1.25 per 100 lb sack. Creole onions firm 1.00 to 1.50, Arkansas cabbage 2.00 per cwt. Green corn 50 to 75 per hundred ears. Figures cover market sessions and shipments by Louisiana and Mississippi farmers.
On June 21 Cottenseed oil in New York closed steady to easy with several prices noted. Prime summer yellow at 3.50 and prime crude near 2.62 to 2.87 1 2. other bids ranged around 3.10 to 3.73 and 3.80 to 3.99 for various lots. Sales summary shows 22 contracts.
Cottonseed oil closed steady with futures quotes for 11 contract months. Prime summer yellow traded around 3.05 to 3.15, prime crude near 2.62 to 2.87, with specific months June through January listed from 3.18 to 3.47 dollars per hundredweight.
New York reports show sugar futures trading higher around 2 pm with gains of 4 to 6 points. Raw sugar remained quiet with no reported sales and futures opening 1 to 3 points lower, then easing to 4 to 6 points net lower by midday. Refined sugar unchanged at 3.96.
Poultry alive in Chicago on June 21 shows steady prices across 53 trucks. Fowls 12 1 2 cents per pound, colored broilers 14, Leg horn broilers 12 1 2 to 13 1 2, fryers 16, springs over 3 pounds 19 1 2, roosters and turkeys 19 1 2, spring ducks 8 10 1 2, old ducks 8, spring geese 11, old geese 8.
A fragment listing several companies and percentages hints at market activity. Entries include United States Rubber United States Steel Vanadium Western Maryland Western Union Western Electric Woolworths and others with scattered figures and codes suggesting stock quotes or paratext.
A woman writes about caring for an invalid mother for 12 years while sacrificing her own life. She seeks guidance on whether the daughter who left home was wiser, describes a broken marriage, poverty, and lack of education, and asks for a path to independence without bitterness. Helen MC and M B offer differing viewpoints on seeking happiness and communication with a spouse.
A joint petition and settlement were filed in district court in the case of Mrs. Ruby Mae Wade against Frances Hotel Company Inc. The plaintiff received 78.50 as full settlement for injuries from a March 2 incident while working as a hotel waitress, when she fell and sustained a forehead scar.
Butter sales total 16 394, near steady. prices unchanged. Eggs sales 19 484, firm with no price change.
The census bureau reports May cotton spinning operated at 63.3 percent of capacity on a single shift, down from 70.7 percent in April and 89.9 percent in May last year. Spindles in place totaled 31,737,174 with 21,639,352 active during the month and 4,577,485,125 active spindle hours.
Confederate veterans from the South move into Richmond to encamp with the Grey Army advance guard in time for the 42nd annual reunion. The main event includes the dedication of the Richmond battlefield area linked to the Battle of Frayzer's Farm and commemorates about 24,000 Confederate dead, with 18,000 buried at Hollywood Cemetery.
Los Angeles report says 21 year old Jean Harlow has announced engagement to film producer Paul Bern. She expects a Friday or Saturday wedding in an informal ceremony. Bern, age 42, will marry for the first time. Harlow, born Harlean Carpenter McGrew, was previously married to Charles F. McGrew II of Chicago.
Harold L. Menjou, 20, adopted son of actor Adolphe Menjou, held on $10,000 bond awaiting arraignment for murder and driving while intoxicated. Police report state his speeding car overturned, killing Marjorie Gauthier, 16, Beverly Hills High School student.
Mrs. James J. Walker wife of the mayor underwent an abdominal operation at Polyclinic hospital. Dr William Schroeder Jr commissioner of sanitation who performed the operation said she came out of the operation in excellent condition and was a wonderful patient with her condition now good.
Baton Rouge June 21 The Louisiana House passed a bill by Representatives Hoffpauir Acadia and Henriques Orleans to revise the 1928 general motor vehicle license law. The measure cleared 71 to 24 after lengthy debate.
Baton Rouge June 21 Action by the Louisiana House on final passage of several bills. H 212 directs police juries to provide for destitute deformed or crippled persons over 50. Passed 62 to 11. H 227 extends sale authority to cities with commission government. Passed 76 to 0. H 325 eliminates advertising for bids in city payments. Passed 67 to 7. H 383 allows Shreveport officials to be elected every four years and lets voters decide government form. Passed 74 to 0. H 621 lets clerks of court render pro confesso judgments. Passed 62 to 6.
Five persons were taken into custody yesterday by the sheriff's department. William Elmore, a negro, facing murder charges, was re-arrested and will be held for a sanity hearing on June 30. Also detained were Melvin Napier, Moses Mayes, Eloise Brown, and Will Brown for various offenses.
W H Tillman was returned to Monroe and placed in Ouachita parish jail by the sheriff. He was taken into custody at Mansfield on a charge of wife desertion.
A joint petition and judgment were filed in the case of Frank Williams versus Union Oil Mill Company Inc of West Monroe. Williams received 185.20 dollars for injuries to his hand sustained October 15 while working at the mill.
Legal notices announce two sheriff sales in Monroe Louisiana under Fourth Judicial District Court. Writs authorize seizure and sale of properties identified as Lots 2 3 4 Block 1 and Lots 1 2 Block A Mell Wees First and Second Addition and Lot 3 Block 2 H W Moore Subdivision. Dates July 16 1932. Seizure by Milton Coverdale Sheriff. Terms cash.
Public notices announce two property seizures in Ouachita Parish. Milton Courvadale sheriff notes sale of Lot 2, Square 58 in Layton's addition Monroe on June 25, 1932. G L Renshaw case requests July 28, 1932 sale of Lot 10, Block 10 in West Monroe subdivision.
By virtue of a writ of fi fa a foreclosure sale is set for July 23 1932 at the Monroe Ouachita Parish courthouse. The eastern half of lot 2 square 10 Hudson's River side addition will be offered between legal hours with Milton Coveroll named as the marshal.
The Sheriff will sell at public auction on Saturday July 23 1932 in Ouachita Parish Louisiana properties described as Lot 7 square 73 Lee Avenue Addition Monroe to satisfy writs and costs. Sale times and prior notices dated June 21 and July 5 12 19 1932.
Public sale of seized property by Milton Coverdale Sheriff in Ouachita Parish. Items include wood working machinery and tooling from Pittsburgh Plate Glass Co and Bailey Glass Co. sale set for Saturday July 2 1992 at court house rear door. Terms cash with no appraisement.
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