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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 26, 1933
Page
7
New Orleans June 26 futures rise over 3 a bale with July to 10.01 and December to 10.42 as traders bet on acreage-reduction benefits and wheat gains. extra gains near session peak, with 18,101 bales exported and spot cotton closing 88 points higher.
New York June 2 Cotton tallied over 3.00 a bale on active buying for speculators and traders amid expectations of acreage reductions. Drouth and wheat strength boosted late-day activity, with October and July positions closing firmer and futures up 83 to 85 points. Spot cotton remained steady at middling 10.45.
Liverpool notes show spot cotton activity moderate with prices up about seven to nine points. American middling classes quoted firm, with July to May futures listed as very steady and near six and a quarter to six and a half pence per pound.
Bleachable cottonseed oil futures closed firmer in New York on June 26. Prices ranged from 5.75 to 6.12 per unit across June to January contracts with 62 contracts sold, including 2 switches, B Bid.
New Orleans June 26 reports cottonseed pricing from a closed firm with prime summer yellow grade at 595-545. Crude bids range 425 to 4.37 1-2, with futures for July at 5.45, August 5.55, September 5.60, October 5.65, November 5.70, and December 5.75.
Foreign exchange ease seen with Great Britain at 4211-2 demand and 4.211-2 cables. Other major rates listed include France 4.86 and 486, Italy 6.51, and a range of European and international currencies with nominal values and cross rates.
Sugar futures in New York edged higher Monday with July advancing from 1.38 to 1.44 and May from 1.54 to 1.58. After early irregularity prices trimmed gains, finishing 3 to 6 points higher. Notable settlement levels included July 1.44b, Sept 1.47, Dec 1.54, Jan 1.54b, and March 1.57–1.58.
Markets show firm stocks and strong commodities. Bonds remain solid while rails and curbs recover. Foreign exchanges mixed with Dutch guilder weak. Cotton and sugar advance on speculation. dry Texas weather noted. Wheat gains in Chicago. corn and cattle decline. hogs steady with top $4.50.
Wheat surged 3 3 8 cents at the opening in Chicago trading on Monday as heat and drought continue to threaten crops. May wheat climbed to about 95 cents and later reached 99 1/4 cents. corn rose and oats advanced with provisions also higher.
Prices for peaches and several fruits slipped slightly while new potatoes beans and celery held steady. Early Rose peaches sold 1.75 to 2.25 per 6 basket crate. cantaloupes and watermelons showed varied but steady ranges across multiple regions with weekly shipment totals from Louisiana Mississippi and nearby states.
In Chicago on June 26 the USDA market report shows hogs at 40 000 head with 22 000 direct, prices weak and 210 to 300 pounds at 4.40 to 4.50 a hundred. pigs 3.00 down. sows 3.25 to 3.75. heavy weights 4.30 to 4.50. Cattle 17 000 and calves 1 500 with fed stock uneven and down about 25. vealers steady to down. steers and yearlings around 7.00 for light weights. Sheep 12 000 with early trade slow. lambs around 7.00 to 8.50. ewes 1.75 to 3.00.
Chicago market notes for June 2 to 6 detail butter and eggs pricing. Butter includes firm creamery specials at 24-24 1-2 and 92 quality, extra firsts around 22-23, and standards 23 1-4. Eggs show firm extra firsts at 13 1-2, fresh graded firsts 13 1-4, and current receipts 11 3-4.
Prices and shipments for Potatoes in Chicago on June 26 show U S total shipments 639 Saturday and 59 Sunday with new stock steady. Oklahoma and Arkansas cobblers quoted 2 25 to 4 00 with decay 2 00 to 2 20. Virginia cobblers 2 50 to 2 65, Missouri cobblers 2 25 to 2 30, Triumphs 2 20 to 2 35. Virginia and North Carolina barreled cob 4 25 to 4 40 and Wisconsin round whites are noted.
Call money steadies at 1 percent with time loans showing unchanged ranges from 60 days to 5-6 months. Prime commercial paper at 11-2, bankers acceptances steady across 30 to 60-90 days. Florida reports 10,196 miles of hard surfaced roads, the most in the southern states.
Financial markets led by grains and cotton reach new highs for the year as major stocks rise, led by Case and others in the agricultural group. Volume totals around 4.7 million shares with late profit taking trimming gains.
Adolf Hitler in an exclusive interview with United Press declares the German people must solve their problems themselves and by their own methods. He asserts strong backing at home and urges Americans to judge Germany from authentic information.
A set of sheriff s sale notices from Ouachita Parish Louisiana list multiple cases. Property in Monroe is listed with Lot numbers in Subdivisions and Square layouts. Each entry states estimated sale dates July 22 1933 or July 22 1953 and cash terms.
Poultry live prices listed for Chicago on June 26 show steady trades across various weights and breeds. Hens 4 1 2 lbs and under 4 1 2 lbs rise to 10 1 2 lbs with leg horns roosters and turkeys noted, along with spring ducks old geese and Leghorn broilers in differing ranges.
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