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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
May 01, 1933
Page
9
The New Orleans cotton market opened strong with July to December futures up 34 to 42 points on higher Liverpool cables and stocks. Prices fluctuated with heavy realizing, then rallied late. May to October closed 27 to 35 points higher. Exports reached 36,760 bales as the day ended steady.
New York May 1 The cotton market saw an opening surge pushing July futures up to about 8.27 and around 8.14 by noon before easing. Trading then firmed late with stronger buying and covering. closes showed steady gains of 30-37 points while spot trade remained quiet with middling around 8.25.
Liverpool reports cash receipts moderate with spot demand improving. Quotations rise sixteen points across grades from strict good middling to strict good ordinary, and futures close steady with May at 5.47 and subsequent contracts around 5.44 to 5.48.
In New Orleans on May 1 the cottonseed oil market closed strong with front month prime summer yellow at 4.25 to 4.35. Primes rode at 3.50 to 3.75 with May futures at 4.35 and July at 4.43, then August 4.45, September 4.47, October 4.60 and November 4.68.
Bleach able cotton seed oil futures closed firm with spot at 4.79b and forward months ranging from 4.75b to 5.60b. Sales totaled 24 contracts with bids indicated as b.
Sugar futures in New York moved to new highs early on May 1 before a broad market drag and heavy selling pushed July to 1.43 and December to 1.53. The market closed barely steady with futures down about one point and total sales at 73 950 tons. Prices cited include May 1.40, July 1.42, September 1.46-1.47, Dec 1.52, Jan 1.54, Mar 1.58.
Currency market buoyant with major pairs quoted in dollars and cents. Rates shown include Great Britain 3.83 7 8 in demand and 3.89 cables, France 4.64 7 16, Germany 27.49 1 2, and Japan 9987 1 2. Other figures cover Belgium to Portugal and several international centers, concluding with New York in Montreal at 113.31.
In New Orleans on May 1 spot cotton closed steady with gains of 29 points. Trade saw 2,687 bales sold as rates moved to low middling 7.50 and middling 8.00 with good middling at 8.40. Receipts reached 4,835.
New York May 1 Stocks irregularly high with profit taking while bonds and secondary issues stay firm. Curb activity weak as industrials show strength. Foreign exchange firm with sterling advancing. Commodities including cotton coffee and sugar rise on buying by trade and commissions houses. Chicago notes wheat lower amid farm bill uncertainties. corn unsettled. cattle steady to weak. hogs steady to 10 higher with top at $4.
Stocks and staples surged to new highs for 1933 on Monday May 1 as frantic trading pushed many shares up 1 to 4 points before profit taking trimmed gains. Trading volume neared 6.5 million. rail and industrials led with U S Steel and Union Pacific among top gainers while dollar exchange shifts and farm relief inflation talk influenced sentiment.
Chicago May 1 USDA reported hogs 35 000 with 16 000 direct and steady to 10 higher than Friday. Pigs priced around 3.00 50 with various weights. Cattle 15 000 and calves 1 000 with run of fed steers and yearlings steady to lower grades. Vealers 5.25 down to 4.00. Sheep 15 000, slow, lambs up 10-15 but other notes steady to strong. Sir Malcolm Campbell listed as lieutenant colonel on Gov Sholtz staff. stray text remains.
The notice details advertising rates for Monroe News Star and Morning World with 15 cents per line for 4 times and 12 cents for 7 times, minimum charge 45 cents, five words per line, and phone order accommodations. It lists grouped classifications such as Legal Notices Announcements Lost Found and various business, employment, and rental categories.
Multiple sheriff and marshal sales announced in Ouachita Parish Louisiana City Court notices. Items include household furniture, a radio, and a described lot in McEnery Lee Avenue addition, all to satisfy writs of fieri facias with cash terms and appraisement as specified.
In Chicago May 1 wheat advanced 25-8 cents early and nearly 2 cents, then opened 2 1-4 cents higher before retreating. Corn opened 1-4 to 7-8 up and finished with gains, oats fell 1-8 to 3-8, and provisions dropped 5 to 10 cents from Saturday’s close.
New Orleans markets show most commodities holding steady while cucumbers beans strawberries pineapples and artichokes ease slightly. Prices across states Louisiana Texas California and Georgia for items like potatoes onions beans cucumbers corn lettuce and tomatoes reported with carload figures for strawberries and mixed vegetables from Saturday shipments.
A compact listing presents business services from Moore and Monroe firms including car sales, tire repairs, printing, and locksmiths. Provisional accounting notices in the R. E. Davis estate and a public auction of Monroe properties outline court actions and sale terms in Ouachita Parish, Louisiana.
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