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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 09, 1932
Page
4
Virginia Democrats meet in Richmond with Harry F Byrd as the focal point and discuss a prohibition plank favoring a national referendum plan. Delegates emphasize unity on Byrd’s presidential nomination and oppose saloon return while wets and drys align behind Byrd.
Milwaukee workers uncover a rare Pieta sculpture by Giovanni Duprè beneath the Gesu Church altar. Believed to be the only original in the United States, the piece was chiseled with Duprè’s name and now displayed behind glass. Jesuits of Marquette University supervise the restoration.
Markets show irregular moves across stocks bonds and currencies with cotton in New York and New Orleans trading after early lows. New York cotton rallied on trade and covering but demand remained light while New Orleans closed barely steady with declines near session lows and late rallies.
Liverpool note shows no receipts with spot cotton in fair demand and prices 2 to 7 points lower. Quoted levels: American strict good middling 4.68, good middling 4.28, strict middling 4.23, middling 4.18, strict low middling 4.08, low middling 3.98, strict good ordinary 3.78, ordinary 3.48. Futures closed quiet and steady with July 3.84, October 3.86, December 3.88, January 3.91, March 3.97, May 4.01.
New York money market reports call money steady at 2 percent throughout the day with time loans for 60 to 90 days at 4 to 6 months at 1 16 percent. Prime commercial paper remains at 2 to 3 percent and bankers acceptances unchanged.
Turpentine firm 3944 reports sales receipts 360 shipments 152 stock 9091. Rosin firm reports sales 850 largely from reesete 1469 with shipments 346 stock 179. Quoted prices list various grades from B to WW and X at 4.30 to 4.60 dollars.
New York sugar held at 2.62 a pound with no sales reported. Refined sugar remained at 8.70. Butter production eased to 18 643 pounds while creamery butter grades showed stable to higher scores and cheese volumes totaled 167 585 pounds with no change in prices.
New York on June 9 reports irregular egg receipts totaling 5 172 pounds with mixed colors and rehandled cases 43 pounds net. No grades 13 14 noted with 13 percent dirtiness and 14 146.
Moultrie Ga June 9 hog market prices listed No 1 packers 3.00 No 2 packers 2.75 No 3 packers 2.50 No 4 2.50 Sows 2.50
Cincinnati beat New York 24 to 5 with Grantham hitting two home runs. Pittsburgh and Philadelphia played a shutoutish contest with V Davis homering in the fifth. Chicago defeated Brooklyn with Wilson and Hartnett homering. St Louis and Boston also played with scoreless lines and key battery names listed.
A June 9 market note reports a brief short squeeze in Auburn lifting the stock list about 10 points, with gains in American Telephone and others, then a midday pullback. Government bonds and commodities improved, while U S government action and Congress delays shape cautious sentiment in a bear market context.
New Orleans July 9 cotton seed oil held steady for prime summer yellow at 2.95 with primes crude ranging 2.50 to 2.62. Futures quotes show June 2.98 July 3.03 and peaks for later months from August to December at 3.03 to 3.22 with January 3.26.
St Louis cash grain report shows No 2 red wheat 47 to 48 cents, No 2 yellow corn 30 to 31 cents, No 2 white oats 21 cents. Wheat July 487, Sept 5124, Dec a4 bid, Corn July 28 cents.
New York City coffee market shows steady demand as Rio No. 7 and related futures guide price levels remain near prior marks. Traders note modest activity with cautious sentiment across exchanges.
New York figures show prime summer yellow at 3.20 and prime crude at 2.50 to 2.62. Futures prices then list July 3.62 with September and later months at 3.62 for Oct, 3.70 for Nov, 3.75 for Dec, and 3.80 for Jan. Sales totaled 27 contracts.
The American Legion will mail a free thirty two page booklet to all 1932 members whose card and dues are on file by July 10. The plain language guide covers federal and state laws for World War veterans, with simplified text and no technical references.
Newaygo Michigan. Waiter J Pike, an invalid, builds over 500 labor saving devices in his 9 by 12 foot room to aid his mother. A horn signals friends, windows rise and fall, doors open and close, a pillow raiser and other mechanisms assist daily tasks.
In San Francisco a burglar, a policeman and a bystander were killed when police entered a house where two burglars were reported. Two officers and another burglar suspect were critically wounded. victims named include Ben Moore, Melvin Reardon, Harry Darling, and Bert Nelson's location. The event began with a midnight disturbance and led to a fatal confrontation.
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