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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 06, 1934
Page
3
Markets at a glance show New York stocks fluctuating with improved oil and metals but steady bonds. Cotton in New Orleans quiet with erratic price moves Liverpool cables show overnight losses but later gains. grain futures helped by rain and crop conditions while wheat and corn drift with mixed signals.
New York Stock Letter notes dull trading in New York stocks with cautious profit taking and expectation of a technical reset after recent rallies. Mentions whiskey and various industrials, coffee and cotton quotes, and confirms futures drift with grains, metals, and oils showing limited moves. Reports specific price ranges for cotton seed oil in New Orleans with June to December futures prices.
Bleachable cotton seed oil futures closed barely steady with spot prices uneven. June at 5.058, July 5.236, Sept 5.530 with minimal activity. two contracts traded amid small sales and market uncertainty.
Chicago livestock buyers steadier with hogs up to 10 higher and cattle uneven. Grain and provisions compete with mixed wheat futures and Savannah turpentine market shows steady to firm tone with receipts and shipments noted.
New York cotton futures edged up early before a wave of mild selling and scattered losses, with October contracts trading around 22.26 and then holding near 745 point gains at the close. Spot prices remained steady with middling at 12.16.
Liverpool cotton market sees demand steady with moderate business. Prices advance seven points. American shipments listed at 7.11 for American strict good middling and 6.81 for good middling with various grades quoted from 6.06 to 9.40. Futures closing July 6.28 and later months around 6.22 to 6.24.
The Chicago poultry market report lists live stock prices with various categories such as hens, rock fryers, rock broilers, turkeys, spring ducks, and geese. Entries show weights and price figures like 68 tracks for one car and multiple dealer listings such as Lemnhorn, Verhorn, Churchacks, Reds, and Tla with prices ranging in the 10s to 30s.
Market notes show butter and egg quotations with numbers for prices and standards. References to creams, firsts, seconds, and storage futures indicate varied grades and timing through June and May.
In June markets New York poultry shows steady movement with broilers and turkeys priced across freight and express options. Butter prices rise to 17 751 with firmness noted, cheese totals at 226 985 and firm prices across grades remain unchanged.
New York June 6 reports mixed color egg shipments from fresh receipts with 43 507 units and irregulars. Average check figures show a 13 percent rise while other mixed colors remain unchanged.
Market notes report raw sugar steady with futures up 1 to 2 points on open while local refiners keep quotations unchanged at 110 for refined. Out of town refiners announce June 5 price rise to 4.65, up 55 points. St Louis cash grain reports mixed crush data for wheat corn oats with various quality grades. Coffee futures show spot easing with Santos bids and futures listed for July and September trading volumes.
New York June 6 foreign exchange rates show Britain at 5.05 percent demand, 6 day bills 5.404, France 6.808, Italy 66. Demands vary with Iceland and other currencies. Germany at 5. Haokind. Norway 25. Sweden 26.04. Poland 28. Austria 15. Hungary 1. Argentina 32.50. Tokyo 30.0245. Mexico and others mentioned in scattered figures.
In Walter C Brown's Mocking House detectives probe two killings at Pierre Dufresne's residence. They scrutinize letters on varied colored paper, suspect multiple arson suspects, and confront house butler Andrews about a thumbprint on an anonymous note. Tomorrow, Andrews brings new information.
Market items show hog quotes for heavy hogs 240 lb plus at 3.00 with Nos 1 through 5 ranging 3.25 to 1.50 for lighter weights. Stags bid 2.25. Also New York raw hides futures firm with limited price detail and U. S. government bond prices and call money figures briefed.
Memphis dispatch reports two young Kentuckians were held in the county jail after being rushed from Dyersburg where they were arraigned on a charge of attacking a 76 year old Dyer county woman.
Washington June 6 The unauthorized use of Henry Ford's name on an anti Jewish book published in Germany this year was charged today before a House committee investigating un American activities in the United States.
Lost one gallon thermos jug dropped off running board of auto in or near Thomasville. Reward for return or information. R. C. Balfour Jr. Auto Electric Company, 118 Remington Avenue, phone 16.
Albany Ga June 6 The plan to distribute 95 000 head of drought cattle from the midwest among needy Georgia families is condemned as a crime by Col W B Hutchinson president of the Georgia Beef Cattle Association He says the program loans cattle to the poor until they can be bought on installment and would mean a cow for every cowless farm He warns it would lower cattle quality and hinder state efforts to improve stock calling Washington officials to blame for the plan
Atlanta June 6 Up No scrubs or diseased stock will be brought into Georgia in the shipment of more than 100,000 cattle purchased by the federal Emergency Relief Administration for drought areas. The stock will be inspected by federal officers and high grade dairy animals such as Jerseys and Guernseys preferred. Cows will be loaned to cowless farms and relief families while title remains with FERA and dairy products from the stock may not be sold.
Fifty perished when the steam launch Pull exploded near Canton. Sixty bodies were recovered and laid out on the Canton Bund as relatives searched the mangled wreckage for loved ones.
Baron Munchausen claims past prizefighting fame and dueling with Carnera in a humorous, anecdotal interview. He praises Baer, jokes about boxing exploits, and notes visiting Asbury Park to witness training and share tall tales with Sharlie.
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