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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Dec 07, 1933
Page
2
Stock and commodity values firmed slightly then steadied as traders paused after a holiday. Grain prices rose modestly while cotton and liquor shares showed mixed movements. U.S. bonds and several rail and industrial issues fluctuated with spot markets and currency shifts.
In New York markets on December 6 the foreign exchange scene showed easy demand with rates for Great Britain in dollars and various currencies in cents. Details include Great Britain 6.12 percent cables 5.12 percent and 60 day bills 5.11 percent, with France 6.144 percent and 6.14 percent cables, Italy 8.29 percent, Belgium 21.95, Germany 37.60, Holland 63.36, Norway 25.00, Sweden 26.69, Denmark 32.95, Switzerland 30.40, Spain 12.4, Portugal 4.73N, Greece .90N, Poland 1%.15N, Czechoslovakia 4.71N, Jugoslavia 2.21N, Austria 18.00N, Rumania 1.00N, Argentina 13.80N, Brazil 8.60N, Tokyo 31.37%, Shanghai 34.1244, Hongkong 28.00, Mexico City 27.93, Montreal in New York 101.25, New York in Montreal 98.81%. N-Nominal.
Chicago grain shows mixed readings with wheat at No 2 hard 36 and No 1 mixed 86 while corn bids hold near 47 to 49. Timothy seed and clover values shift, rye absent, oats around 34 to 36 with slight fluctuation as markets digest new data. Sugar futures in New York slide on liquidation, March dropping to 1.27 and May to 1.33 amid weaker spot demand.
Call money in New York remained steady with rates at one half to one per cent for all bay time loans. Shorter ranges 60 to 90 days held at one and one quarter per cent while 4 to 6 months stayed at one to one and a quarter per cent. Prime commercial paper at 1 to 4% and banker's acceptances unchanged.
St Louis cash grain quotes show No 2 red wheat at 87 4/5, No 2 yellow corn 49 49 1/2, No 3 yellow oats 40, No 2 white oats 36. Wheat December at 84 1/2 and May at nominal.
New York cotton futures eased after early selling by Southern traders and liquidation. March dipped to 10.07 to 10.15 during the session as grain and stock markets drifted with foreign exchange changes, leaving major months barely steady to slightly lower at close.
Liverpool market reports 14 000 bases of cotton with 13 700 American. spot demand fair and prices up two points. Futures closed quiet. Chicago butter and eggs show unsettled butter with varied classes and prices. New York butter and cheese steady and unchanged.
Chicago poultry market report dated December 6 shows live poultry priced per pound with hens at 144 pounds? 11 higher and under 4 percent. Leghorn hens 7 to 11. Roosters 6. Turkeys 9 to 14. Ducks 5 to 8. Geese 8. Dressed turkeys steady.
New York reports show unsettled egg prices on December 6 with mixed colors and special packs from fresh receipts ranging 29 to 32 percent, standards 27 to 28 percent, and refrigerators 18 percent. White eggs show selection and premium marks at 32 to 83 percent with various regional standards and specials, while Pacific coast and brown whites exhibit similar volatility and percentage ranges.
Dressed poultry steady with live poultry firm in New York on December 6. Chickens and broilers priced express at 10 to 16 dollars, fowls 11 to 16 dollars, turkeys 16 to 20 dollars by express, one freight 11, other grades unchanged.
Turpentine firm shows 42 percent capacity with sales 148, receipts 280, shipments 198, stock 18 071. Rosin firm reports sales 531, receipts 1 136, shipments 340, stock 102 510. Prices listed include B 3.50 D 3.55 I 3.62 percent F 3.45 G 3.67 H 3.7234 1 3.7714 K 3.85 M 4.10 N 4.15 WG 4.20 WW and X 4.60.
Chicago market report lists hogs at 170 to 300 pounds with top at 3.50 and most pigs 2.00 to 2.60, sow prices 2.40 to 2.75. Cattle totals around 8,000 with steers 550 to 1,300 pounds bidding 3.75 to 6.85, heifers 5.00 to 6.65, cows 1.75 to 3.75, vealers 3.50 to 5.50, stocker steers 2.75 to 5.00.
Moultrie Georgia hog market reports heavy hogs at 240 pounds and up 2.50, No 1 160-240 at 2.75, No 2 140-160 at 2.50, No 3 120-140 at 2.25. New York bond prices close firm with Liberty and Treasury issues listed. Cotton seed oil futures steady in New Orleans and New York with various nearby and deferred prices.
New York Dec 6 spot coffee steadies with Rio No 7 7 percent Santos No 4 9 percent. Rio futures close firm with 8 000 bags traded Dec 6.00N March 6.20N May 6.34N July 6.44N Sept 6.54N. Santos futures firm with 12 000 bags traded Dec 8.57N March 8.75 May 8.87B July 8.97 Sept 9.25N.
President Roosevelt established a national emergency council to coordinate information on recovery programs. The group includes cabinet members, agency heads, and representatives from the consumers council and NRA, with Frank Walker named temporary director. State directors will align county and city sub councils to centralize inquiries.
Litigation involving the Georgia Cotton Growers Cooperation Association the Growers Finance Corporation and the Growers Supply Company now under a receiver has been transferred to federal court with U S government intervening The case cites a 1931 $150000 loan from the Federal Farm Board several government debt claims and assets insufficient to cover liabilities Intervening suits by stockholders allege misused fees and misallocation of a reserve fund and possible dividends if assets are liquidated under original terms
The weather bureau issued an advisory for Northwest storm warnings from Apalachicola to Cedar Keys and Jacksonville to Virginia Capes. A disturbance over eastern Louisiana will move northeast with increasing intensity, bringing fresh to strong southwest winds shifting to strong northwest from Apalachicola to Cedar Keys this afternoon and from Jacksonville to Charleston tonight, then to Virginia Capes late tonight.
Seattle dispatch reports two storm deaths as rains and high winds lash Washington, Oregon, and British Columbia. Heavy snow blocks two Cascade passes and highway travel along western Montana borders.
Los Angeles police question Dr W Dewey Wightman wife Josephine a former nurse after the physician was shot and beaten to death in his Sil ver Lake area residence Neighbors say the couple returned from a social visit before the shooting A .22 rifle with a broken stock and a hammer were found at the scene The couple have three children aged 14 months to five years
In Glace Bay Nova Scotia a man Sam Aucoin 38 wife Addie Aucoin 36 and two children Josie 11 Harold 7 died after a fire trapped the family. Betty 9 and Buddy 5 survived momentarily but perished near the door as flames blocked escape. Cause of the fire was not known.
Secretary Ickes announced allotments totaling 9 182 378 for 66 non federal public works projects in 22 states. Projects include schools hospitals water and sewer systems bridges street and highway improvements courthouses municipal buildings and a library.
President Roosevelt follows the War Department's renewed study of a northern Florida ship canal. He hopes Army engineers can devise a method to build the project at a cost that would prove self liquidating.
Used beds springs mattresses chairs oil stoves piano roller top desk and chair refrigerator Victrola garden tools clocks kitchen cabinets and tables cars stools auto trunk rack steel filing cabinet and many other items offered by The Trading Post at 313 West Jackson Street.
A string of boxing results shows Roy Frisco outpointing Hans Mueller in New York and Tracy Cox stopping Tommy White in Dallas. Other bouts include Simon Nebolsky and Joe Stanley winning on points, and Gorilla Jones and Rodolfo Casanova scoring TKO and points decisions in Seattle and Los Angeles.
President Roosevelt addresses the Federal Council of Churches of Christ in America at Constitution Hall in Washington. The talk, broadcast nationwide at 10:30 p m EST, is expected to focus on religious matters amid ongoing debates over the administration’s monetary policy. Other speakers include Secretary Wallace, AFL President William Green, and Dr Daniel A Poling from the World Society of Christian Endeavor.
For rent building formerly occupied by the First National Bank with possession about January 1. Apply Miss Louise Hayes, 329 North Broad Street.
Dr. William D. Wightman, 36, a Los Angeles physician, killed himself after a quarrel with his wife over a female patient. Police say he fired a shot in his home following a threat to blow his head off. the widow described his actions before the tragedy. They had three children.
Washington reports that 12 Federal Land Banks issued farm loans totaling more than 100 million dollars in November, with a record monthly total of 58,352,565. Crop production loans dropped from October’s 373,601 to 146,775, while overall outstanding crop production loans stood at 91,824,563. During Thanksgiving week the Federal Land Bank of St. Paul lent over a million dollars in a single week.
A man who gave his name as Jack Walton of Chicago fatally stabbed Stella Shattas 30 and wounded her daughter Irene 12 in a Hot Springs rooming house before killing himself with poison. Police know no motive. Stella Shattas sought a divorce from her husband Charles since October.
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