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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 30, 1937
Page
15
Legal notices list Sheriff Milton Coverdale seizing parcels in Monroe Louisiana with planned sale dates July 24 1937 and July 3 1937. Writs of fi fa seize Lot L Square 23 Alexander's Addition and Lot 16 Block 7 Maryland's Addition among others.
New Orleans reports show July to March futures steady after early declines, with active months trading around 12.03 to 12.35 as exports reach 12,126 bales. Spot cotton closes 10 points lower with middling at 12.47 cents and receipts at 1,103. average middling price across southern markets 12.42 cents.
New York June 30 cotton held near steady with a 10 point trading range amid light selling. October slipped from 12.25 to 12.15 as midafternoon quotes showed slight declines and spot middling remained at 12.54.
Liverpool notes demand for spot cotton with prices up three points across grades. Quotations show American goods from strict good middling at 7.79 to good ordinary at 5.29, with futures closing quiet and official noon values near 6.14 for June 1937.
In New Orleans on June 30, cottonseed oil closed steady with bleachable prime summer yellow at 9.15 cents, with July at 8.63 and October at 8.60. In New York on June 30, bleachable cottonseed oil futures closed easy, down six points. July at 11.4 cents, September at 9.11, October 9.08, December 9.04, January 9.06 to 9.07, with 80 contracts traded.
Chicago June 30 Poultry live 55 trucks hens steady chickens easy hens over 5 lbs 171 2 5 lbs and less 17 Leghorn hens 12 1 2 fryers colored 19 Plymouth Rock 20 White Rock 21 barebacks 17 broilers colored 18 Plymouth and White Rock 19 barebacks 16 Leghorn 18 springs Brice 20 Plymouth Rock 201 2 White Rock 24 barebacks 18 roosters 13 1 2 Leghorn roosters 12 1 2 turkeys hens 15 toms 14 No 2 turns 13 ducks white and colored 41 2 up 12 1 2 small 11 geese 1
Call money steady at 1 percent all day. Prime commercial paper 1 percent. Time loans steady with 60-90 days 11-4 and 4-6 months 11-2. Bankers acceptances unchanged. Rediscount rate at New York Reserve Bank 11-2 percent.
New York stocks firm with steels and rails leading gains and U S loans higher. Rails strongest corporate. Curb market up with oils and utilities showing notable advances. Foreign exchange mixed while franc and sterling move. Cotton down with favorable weather. sugar and coffee rise. Chicago grains weak with Canadian showers. cattle up 15 to 25 dollars, hogs 10 to 15 higher.
Chicago grain markets opened higher as persistent heat and dry conditions in Canada supported gains. July wheat rose to about 1.20 to 1.21 a bushel while September touched around 1.22. Corn also started up before turning mixed. oats fell.
Hog market opened ten cents higher with top at 10.30. Good corn fed hogs 180 to 250 lbs run 9.80 to 10.30, 150 to 170 lbs 8.95 to 9.60, 130 to 140 lbs 7.50 to 8.50, 110 to 120 lbs 6.50 to 7.50. Cattle steady with steers and heifers 6.00 to 7.50, mixed yearlings 2.00 to 4.50, cutters 3.00 to 3.50, canners 2.00 to 2.75. Calves and heifers steady with top calves at 8.25, good and choice 7.25 to 8.25, fair 4.25 to 5.75.
Potatoes 154 on track 370 total U S shipments 845 good quality. Bliss Triumphs steady demand fair California firm slightly stronger. Virginia cobblers U S No 1 1.35-1.45. North Carolina Cobblers strong 1.35 car. Arkansas U S No 1 1.45-1.50. Oklahoma U S No 1 0.90-1.00 with decay noted in several lots.
Livestock sales in Chicago show hogs 11,000 head with 3,500 direct, 10-15 higher. top 2.0, packers 350-500 lb. sows 9.90-10.50, light weights to 10.65. Cattle 8,000 plus calves 1,500, fed steers and yearlings up 15-25, bulls steady to 15 lower, vealers 25 down, stockers and feeders soft. Sheep 10,000 with direct 6,000, sheep steady, choice fed yearlings 9.00, slaughter ewes 3.00-4.50.
Butter and eggs report from Chicago on June 30 shows firm butter at 16 309 firm creamery specials 301-2 31 extras 92 and various firsts seconds and standards across categories. Egg figures list 15 571 firm extra firsts local cars and current receipts with storage packed items and graded firsts totals.
Amarillo Texas reports Deputy Sheriff Gib Landis will obtain a new shotgun with help from about fifty prisoners at Potter County Jail. A year ago he learned saving 10 000 brand tobacco tags would trigger the premium, and prisoners saved for the jailer who already has well over a thousand tags.
Steels and rails led a market rally with fractions to several points as U S Steel cut preferred dividend arrears boosting sentiment. Industrial news brightened, rails showed progress, but strikes and mixed offerings kept activity muted. about 700000 shares traded. Prominent gainers included U S Steel Bethlehem General Motors Chrysler Goodyear Sears Roebuck and many more.
Sugar futures closed barely steady with No 3 around 2.50 to 2.54 as July and September trade in a narrow range. No 4 weakened under July liquidation while hedge selling kept losses limited. Volume totaled 16 500 tons with mixed bids across the near and deferred months.
Foreign exchange prices posted in New York on June 30 show Great Britain at 4.93 11-16 in demand and cables, 60 day bills at 4.92 7-16, France at 4.10, Italy at 5.26 1-4, and other currencies including Belgium Holland Norway Sweden Denmark Finland Switzerland Spain and Poland with various bid and ask figures.
Monroe day signals a larger crowd and higher sales as business conditions improve. Advertisements in the News Star and Morning World will guide shoppers to bargains while residents stock up for the rest of the summer in fair weather.
A mixed reading shows two court sale notices in Ouachita Parish. Marshal Kilgore lists property to be sold on July 19 1937 including cattle and a mare to satisfy a writ of fieri facias, with cash terms and appraisement. A separate Fourth District Court entry notes a Rainbow Addition lot in Monroe to satisfy a writ of mortgage with credit terms aligned to the original mortgage.
A batch of marshal and court notices from Ouachita Parish Louisiana list property to be sold for debt claims. Items include estate lots in Tichell Universal Partnership Rain bow Addition and Arent's Subdivision, along with household goods and a Philco radio. Auctions occur July 1937 in West Monroe with terms cash and credit per mortgage conditions.
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