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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 25, 1932
Page
8
In New Orleans on June 25 the cotton market remained active despite a short session. July delivery notices totaled 21,900 bales and spurred an initial gain of one point, with July options rising to 5.18 before prices slipped as stocks weakened.
New York June 25 cotton futures opened steady with a 1 to 3 point decline as favorable weather offset firmer Liverpool cables. July liquidity and delivery shifts kept activity quiet, prices hovering 5.13 to 5.15 after half an hour. Shipboard cotton awaiting clearance stood at 74,000 bales, up from last year and two years ago.
New York reports a steady inside market with a 3 to 5 point range and little change from the prior close by session end. New Orleans and British and Far East interest sold moderately while domestic spinners aided price support. July purchases by spot houses and cautious trading expectations noted despite scattered showers and a generally constructive tone on recessions.
June 25 reports show irregular forex with Britain quoted in dollars and other currencies in cents. Demands and cables list rates for major nations and cities including France Germany Switzerland Spain Portugal Greece Poland Czechoslovakia Yugoslavia Austria Rumania Argentina Brazil Tokyo Shanghai Montreal Mexico City and more. Nominal rate given.
Liverpool reports a quiet spot market with prices two points lower. Quotations show American grades down across the board from strict good middling to strict good ordinary, futures closed quiet and steady with several active months listed including July October December January March and May prices.
Bennett Pearson aged 18 from Biloxi Mississippi rode a bicycle from his home to Henry in a duration of 60 hours.
New York reports stocks drifting higher with leaders barely advancing while bonds and U. S. government issues hold steady. Foreign exchange fluctuates as yen hits a record low. cotton slips with stock-market sympathy. July liquidation noted. Chicago grain firm on crop damage and rains in Canada. corn strengthens with wheat. cattle steady. hogs range steady to firm.
Chicago grain notes show prices starting lower with wheat at season bottom, opening down 5 to 8 cents before a modest rally. Corn began unchanged to 3-8 cent declines and then stayed near the opening levels as trade progressed.
New Orleans Louisiana June 25 Watermelons mostly weaker as supplies rose with Florida 26 to 32 pound Tom Watsons at 25-55 Texas Dales 30-45 for 26-32 pound melons Florida Dixie Belles 25-35 for 24-30 pounds Alabama Wonders 10-30 per melon. Peaches scarce six basket Georgia Carmen crates 2.75-3.00. Cantaloupes 2.60-3.00 per crate. Apples Winesap 1.80-1.90 and Delicious 2.25. Okra 2.50-3.00 bushel. Peppers 50-60, squash 40-50, cucumbers 40-1.00, snap beans 1.50, butter beans 1.00-1.25. California green peas 2.50. Tomatoes 0.75-1.00 per Louisiana 30 pound box. Green corn 75-1.00 per hundred. Carrots 30 per dozen, beets 25-30, turnips 50-60. Eggplant 30-35 per dozen. New potatoes 50-75 per 100 pounds. Friday Louisiana shipped 3 cars potatoes, 3 cars sweet potatoes, 3 cars mixed vegetables, 2 cars peppers. Friday Mississippi shipped 18 cars tomatoes, 2 cars potatoes, 2 cars mixed vegetables.
Cattle 500 head, grain fed steers and yearlings 25-50 higher, vealers strong. Hogs 4,000 with Friday average 180-250 lbs 435-450, 270-400 lbs 400-425, sows 275-265, pigs 100-130 lbs 360-400. Sheep 3,000 present, lambs 25 lower, native ewes and wethers 6.0-6.75, top 7.00, fat ewes 1.50-2.00.
In New Orleans on June 25, Cottonseed oil closed steady with summer yellow at 3.15 to 3.25 and prime crude 262 1 2 to 287 1 2. Futures quotes follow through July at 3.34 and rise to 3.57 by January with successive months listed.
New York price report shows dull activity for cotton seed oil with values across the board. Prime summer yellow quoted around 3.30, prime crude near 242 1 2 to 287 1 2, with wide spreads and unsettled demand noted amid light trading.
The New York stock market ended near unchanged after a quiet session with about 300,000 shares traded. Auburn led losses while American Can and American Tobacco slipped briefly before recovering. U S Steel and Santa Fe dipped then rebounded. The week’s tax changes and mixed spot surveys weighed on sentiment.
Butter and eggs prices listed with unsettled markets. Butter ranges from 15 1-4 to 3-4 for extras and firsts, with standards and special classifications noted. Eggs total receipts 12 585, with current prices for fresh graded firsts, extra firsts, and storage packed firsts.
Confederate veterans march through Richmond for the second time to Washington as the forty second Southern Memorial convention ends. Major John Crowley leads the parade, with veterans saluting Lee Jackson Squart and Jefferson Davis. Auto travel and grand ball events cap the day's program.
A 17 year old girl abandoned her dream of becoming a physical education teacher after heavy punishment for childhood immodesty. Psychiatric study links the turn to early shocking discipline that reversed her instinctive comfort with nudity, illustrating repression as a lifelong mechanism and questioning harsher methods for socially desirable conduct.
Hollywood rejection slips lure into Merrily We Go To Hell scenes at Paramount. Fredric March stars opposite Sylvia Sidney. Capitol showcases Jackie Cooper in When a Feller Needs a Friend with Chic Sale and a warm family arc. Strand in West Monroe features Tim McCoy in The Fighting Fool with Marceline Day and a strong supporting cast.
A reader seeks guidance about a love that may not be returned and whether to remain friends. The reply urges deciding if friendship can be enjoyed without heartache, noting many women later fall for the man they once kept as a friend.
Poultry market report from Chicago on June 25 shows steady declines across categories. Fowls 12, colored broilers 14, fryers 16, springs 19, Leghorn broilers 12 1 2 to 13 1 2, roosters 19, turkeys 10 12, spring ducks 8 10, old geese 7 8.
Market street, one of the best known and oldest streets in St. Louis, is to be widened through the business district.
Monday is designated as the Feast of Our Lady of Perpetual Help with a 6:30 am Mass at St Matthew's Catholic Church to close a year of devotion to the Blessed Virgin. Devotional services were held each Tuesday night, and upcoming observances include the Feast of St Peter and St Paul and a July 4 service. Rev N F Vandegaer marks his 30th anniversary of priestly ordination.
Chicago June 25. USDA reports show total U S shipments at 887 with new stock 133 and 15 old. Potatoes overall steady with fair trading. Southern varieties lead gains with Triumphs and Cobblers 1.35 to 1.40. Idaho Russets around 90 cents. Old stock dull and trading very slow.
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