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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 24, 1936
Page
9
New Orleans June 24 cotton futures firmed slightly into the final hour after early losses. Traders cited government weather notes warning of possible weevil damage in the east and the need for rains in the west, helping prices rebound from intraday lows. July, December and January prices moved within a narrow range as exports reached 12,279 bales.
New York traders report a quieter session with July activity easing under liquidation and a generally cautious tone. Futures closed steady with minor moves, spot prices remained quiet around 12.16, and late deliveries showed little change as the market absorbed a softer mid afternoon tone.
Cotton prices and bases in Liverpool show modest declines with American grades posting lower quotations. The list includes strict good middling at 7.81 and lower grades such as strict low middling at 6.51, with futures for July at 6.58 and other months trading around steady levels.
Cottonseed oil closed steady in New Orleans with blends showing bids from 8.50 to 9.00. In New York futures closed sharply higher with July at 9.23 and September at 9.19, selling 51 contracts including 6 switches.
River stage readings from the Fort St. Louis area show variations over 24 hours with multiple locations recording rises and falls in feet. The table lists current stages, daily changes, and notable drops or increases across Shreveport and Alexandria gauges.
New York June 24 Stocks firm with Chrysler leading a selective recovery while bonds show irregulars and Italian loans favored. Foreign exchanges mixed with Dutch discount effect. Cotton local and spot selling, sugar higher, coffee steady. Chicago wheat easy, corn firm, cattle steady, hogs up 10 to 15 cents top at 10.60.
Chicago grain prices rose early as heat and drought hit domestic spring crops. Wheat July and September moved around 95 to 97 cents, corn up modestly to about 64 cents, oats higher near 29 cents, with pork and other provisions mostly unchanged.
New York stocks rallied lifting selected issues about four points Chrysler led with a gain exceeding three as Westinghouse jumped after directors approved a one dollar common payout The list showed mixed gains and declines with notable names such as General Motors Sears Roebuck Zenith Radio and Consolidated Edison advancing while others slipped Bond and commodity markets were mixed Breach fears in grain belt cited as a potential drag on farm incomes this year
Call money in New York remained steady at 1 percent throughout the day with prime commercial rates at 3 to 4 percent. Time loans held steady with 69 days to 4 months offerings at 1 1/4 percent while bankers acceptance stayed unchanged as the New York Reserve Bank rediscount rate stood at 1 1/2 percent.
In the matter of the estates of Flora Blackburn Aston and Edgar Lee Aston, a sale is ordered by the Fourth District Court of Ouachita Parish. On June 27 1936 at the court house, real property and a separate lot near Monroe are to be auctioned for cash to satisfy debts, with personal property including furniture livestock and farm implements offered separately. Roy Lee Aston is administrator with notices dated May 23 1836 and subsequent dates in 1986.
Monroe Louisiana council met June 22 1936 adopting Ordinance No 2726 setting duties of mayor and commissioners over police fire health safety public utilities finance and streets and parks with immediate effect. Also Ordinance No 2727 appoints city attorney assistant attorneys secretary treasurer tax collector and police chief civil engineer and city physician for four years with salaries retained.
Public foreclosure listings from the Fourth District Court of Ouachita Parish Louisiana. Various cases list seized property including blocks and lots in West Monroe and Monroe, with sale dates June 27 1936 July 12 1936 and related property descriptions, terms cash or cash with bids, and costs.
Public notice of two mortgage foreclosures in Ouachita Parish Louisiana. Seizure and sale scheduled at the western courthouse door in Monroe on July 1 1936 for Lot 4 Block 11 Edgewater Gardens with 3.61 acres. Second notice for Hattie K Stuck surviving widow in community with July 11 1936 sale of Lot in square 28 D A Breard Jr addition. Descriptions reference plat books and exact parcel lines.
Readers are urged to call the Classified Department at 4800 to report found items such as dogs purses jewelry fur or other articles not identified in today s papers An accurate index of recent lost and found ads is maintained to aid owners in retrieving items across the past several weeks
Hogs 13 000 with 3.0 direct at 10.60 top. Cattle 9 000 and calves 1 500 steady for grain fed steers and yearlings, grass cattle weaker. Sheep 8 000 fat lambs active with top around 12.10, fat sheep steady. bulk weights 1150-75 and 2.75-3.75 for fat ewes.
New York June 24 futures firmed after an uneven open as buying by commission houses and fund covering supported prices. July rose to 2.45 with a 8 point gain, new crop months advanced 3 points, March at 2.50, while late trading realized some backtracking leaving most contracts 2 to 6 points higher. Futures No 3 closed up 1 to 4 points with 5 700 tons sold.
Market report shows steady foreign exchange in New York on June 24 with British pound at about 5.02 and French and Italian rates around 6.60 and 7.37 respectively. Other currencies listed include Belgium 1690 1-2, Germany at 40.26, Holland 67.69, Norway 25.24, Spain 13.68, Japan 29.44, Mexico City 27.85, and Montreal exchanges near 99.75 and 109.25 respectively.
Chicago June 24 4 USDA reports current potato prices by state and grade. Oklahoma Bliss U S No 1 3 35 65 fair quality 3 10 U S No 2 2 20 Alabama Bliss U S No 1 2 50 Texas U S No 1 3 25 U S No 2 2 00 North Carolina Cobblers U S No 1 3 25 40 U S No 2 2 15 Missouri Cobblers partly graded 2 50 2 60 California White Rose U S No 1 3 35 60 partly graded 3 00 15.
Chicago June 24 Poultry live 1 car 43 trucks steady hens i lbs and less 2012 more than 5 lbs 19 Leghorn hens 16 Plymouth Rock springs 26 White Rocks 28 colored 23 Plymouth and White Rock fryers 24 colored 211-2 Plymouth White Rock and colored broilers 21 barebacks 19-21 Leghorn 17-20 roosters 14 Leg horn roosters 13 turkeys 13-16 heavy old ducks 12 1-2 heavy young 16 1-2 small white ducks 11 1-2 small colored 10 1-2 young geese 15 old 13 no cane waste is being utilized the rayon industry.
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