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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 28, 1933
Page
7
The June 28 New Orleans cotton market shows steep intraday swings with October and December futures falling from early gains. Spot cotton closed steady two price points lower with sales totaling 2,784 and a good middling price of 10.49. Receipts reached 2,314 and stock stood at 837,007.
New York traders faced sharp early declines in cotton amid realization selling and wheat weakness, with partial rallies from improved foreign buying. Futures closed barely steady to slightly lower as spot values remained quiet and prices hovered around 10.25 for middling.
Cotton bases totaling 3,200 bales show fair demand with prices quoted in points above six. American good middling 7.28, good middling 6.98, strict middling 6.68, mid 6.38, low middling 6.18, good ordinary 5.68. Futures quiet with July at 6.21, Oct 6.21, Dec Jan 6.25, March 6.29, May 6.52.
In New Orleans on June 28 the oil market closed barely steady with summer yellow at 5.35 to 5.45, Prime 450 to 462, July 538, and August through November futures quoted around 5.51 to 5.67 with varying months noted.
Bleach cottonseed futures in York settled easy with July at 5.80 and August at 5.82. October 5.90, November 6.00, December 6.12. Trade volume included 55 contracts and 20 switches.
New York June 28 exchange rates show buoyancy with British pound at 4.37 dollars and 60 day bills 4.357-8. Other key rates include France 5.05, Italy 6.80, Belgium 18.00, Germany 51.80, Norway 21.90, Sweden 22.45, Spain 10.83, Argentina 32.68, Brazil 7.64, Tokyo 27.37, Hongkong 30.25, and city silver peso 27.80 with New York 91.00 and 1100.00 for certain Money Market quotes.
In York on June 28, sugar futures fell early before stabilizing. September slipped from 1.51 to 1.48, January eased from 1.59 to 1.56, with a close near the prior level. July 1.45B, Dec 1.53-54, Jan 1.54B, May 1.63B on 28,250 tons traded.
June 28 reports show poultry priced steady with 45 trucks. Hens hover 10 to 2, Leghorns at 8, roosters 8 to 10 1 2, spring ducks 6 to 9, old stock 15 6. Leghorn broilers 11 13, calved stock 14 16.
NEW YORK June 2 stock market shows heavy trading with grains reacting. bonds firm and rails rally. Foreign exchanges buoyant as the dollar weakens. cotton and grain markets soften amid favorable weather. sugar quiet and coffee steady with buying by commission houses. CHICAGO wheat sinks sharply while corn drifts lower. cattle steady. hogs up about 15 cents to around 4.75 as shippers stay active.
Chicago grain markets open with strong selling driven by foreign exchange shifts. Wheat futures slide to lows near 89 cents and later rebound, with May and July contracting moving sharply. corn and oats fall as provisions also decline.
USDA market notes list steady lines for many fruits and vegetables in New Orleans on June 28. Avocados plums butter beans and snap beans moved lower while cauliflower iceberg lettuce and new potatoes rose modestly. prices shown for Alabama Georgia Florida California and Louisiana items with crates bags and bushels given. Louisiana peppers tomatoes corn and onions appear with car counts for Tuesday shipments from Louisiana and Mississippi.
The New York Stock Market rose early on June 28 driven by a dollar decline and grain volatility, then turned mixed as the session progressed. Wet issue favorites led gains with Owens-Illinois Glass and U S Industrial Alcohol up strongly, while rails and several industrials posted modest advances.
Hogs total 25 000 with 12 000 direct gains up to 15 cents. packing sows 3.65 to 4.00. Cattle 8 000 and calves 2 000 active trading. feeders steady to higher. slaughter steers 5.25 to 7.25 per cwt. Vealers 4.50 to 6.00. sheep 9 000 weak to 25 lower. lambs 6.75 to 7.50. Also a note on the Escorial palace near Madrid detailing a four day tour covering 120 miles. Mentions North American and various companies and rail lines including Pacific, Reading, and Union Pacific.
Batter and eggs totals with price ranges for creamery specials extras firsts seconds and standards for butter and eggs in Chicago. Listings include 10 378 pounds of butter with scores and 8 647 pounds of eggs with grade details and current receipts storage packed and fresh firsts prices.
Call money remained steady at 1 percent through the day in New York. Time loans showed ease with rates for 69-90 days at 3-4 percent and 4-5 months at 4-5 percent. Prime commercial paper quoted at 1 1/2 percent and bankers acceptances available.
Jean-Joseph Yimeon Dauphin, 57, Haitian, says pills from a voodoo practitioner turned his skin and hair white and left him blind for two months. He is shown arriving in New York on his way to Chicago for examination by the Chicago medical congress.
Louisiana public service commission schedules a hearing for July 7 in Baton Rouge to consider cotton compress company requests for lower freight rates on high density cotton. The case targets shipments from Alexandria Bunkie and Ferriday to New Orleans and Lake Charles ports and names Texas and Pacific Rock Island Louisiana and Arkansas and Southern Pacific railroads.
The body of John R. Yarbrough 75 died Tuesday afternoon at his son J C Yarbrough’s home 211 South Fourth Street was sent to Camden Wednesday morning on a Missouri Pacific train Interment expected there Thursday Survived by widow and one son J C Yarbrough a brother W B Yarbrough of Camden and two sisters both of El Dorado
Telephone order system outlines pricing per line and minimum charge for want ads. Alphabetical classifications include legal notices, business services, employment, real estate, autos, and more with grouping and numbering for quick reference.
The Fourth Judicial District Court orders a sheriff sale in Monroe Louisiana for a lot in D A Breard's Home Addition to the city. Sale scheduled for July 15 1933 at the court house western front door between legal hours. Terms cash without appraisement to highest bidder. Also city council notes a 10 percent electric bill discount for timely payments effective July 1 1933 with specifics recorded.
Monroe, Louisiana lists dates June 28 and July 3 and 7, 1933 for upcoming events or notices. The short entry tracks a sequence of summer dates in the city.
Schedule lists east and west bound railroad times for multiple lines and operators including Missouri Pacific Lines Main Line, Naichez Dorado, American Way, and Interurban Transportation. It shows arrival and departure times for trains and motor coaches, with stations such as Vepari, St Louis, Bastrop, and Alexandria, across a range of hours and days.
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