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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 10, 1930
Page
6
Washington June 10 Senate Republican leaders expressed confidence they can secure enough votes to approve the Smoot Hawley tariff by a narrow margin. A final vote was expected to come Thursday or Friday as senators were offered a last chance to state their positions. The conference report was streamlined by combining the two sections on rate schedules and the lumber tariff.
In New York on June 10, coffee spot activity shows limited demand with Rio No. 7 at 91 and 16 cents, Santos No. 4 at 13 percent. Prices reflect a subdued market across major futures and cash trades.
New York markets report eggs at 64 591 regular and mixed color lots. Regular packed shipments show heavy 2514 27, extra 25 2616, extra first 24 2414, firsts 2224 23, medium firsts 2034 21. Nearby hennery brown extras 2534, extra first 2434 25. other grades unchanged.
New Orleans spot cotton closed quiet up 10 points. Sales 54, low middling 12.92, middling 14.43, good middling 15.08. Receipts 898, stock 428,333.
New York money markets report steady call money throughout the day. Time loans show mixed rates with 0-10 days at 3, 60-90 days at 3 1/4, 4 months at 3 1/4, and 5-6 months at 3 1/2 to 3 3/4 percent. Bankers accepts unchanged.
St Louis cash grain listing shows Wheat No 3 red at 1.06 to 1.0614 per bushel, No 1 hard 1.0546 to 1.06, Corn No 2 yellow 83, No 2 white 85.24, and Oats No 2 white 42.14 to 42.48 per bushel.
The New Orleans market reports steady closing for cotton seed oil with prices listed for prime summer yellow at 7.40 and prime crude between 6.75 and 6.87 percent. Futures prices shown include Jan 7.65 and Dec 7.58 among others for June through next year.
Georgia wholesale market quotations reported June 9 show eggs at extra doz and standard doz values, field peas at 3.00 and 3.25 per bushel, country butter at 40 per pound, and various poultry and produce prices. Chicago butter and eggs figures listed include unsettled creamery extras at 31.54 and eggs at 23.84, with steady demand and unchanged prices for eggs.
New York dairy market notes butter with a 92 score creamery extra and packing stock percentages. Current make numbers include No 1 and No 2 grades as buyers monitor prices and supply.
Poultry prices listed in Newark on June 10 show dressed poultry and fowls with fresh and frozen prices. Chickens fetch 27 to 36 for fresh and 22 to 36 for frozen. fowls 20 to 28 fresh and 20 to 27 frozen. roosters 14 to 19 for fresh.
Raw sugar in New York was steady at 3.27 for spot duty paid with no sales reported. Refined sugar held at 5.56 for fine granulated as refiners listed unchanged pricing.
New York June 10 rate card lists live poultry by freight and by express. Fowls roosters turkeys and ducks shown with freight and express prices for each class.
Savannah firm reports 42 sales, 2,160 receipts, 39 shipments and 9,228 stock for turpentine. Resin firm shows 1617 sales, 6,855 receipts, 209 shipments and 4,628 stock. Prices listed include B 40 and D 545-60 with several other codes and values.
Chicago market notes June 10 show hogs at 27 000 head, prices mostly steady with late climbs for 160 230 lb hogs and narrow ranges for other weights. Cattle totals around 6 000 with generally steady to slow trade, with best weighty steers around 13.25 and other classes differing by weight and quality.
New York stocks show irregulars while bonds stay steady and currencies firm. Cotton and sugar ease, coffee dips, Chicago wheat and corn fall, hog prices slip amid broad market uncertainty.
In New Orleans on June 10 cotton traded quietly with fluctuating prices. Liverpool cables were weaker, pushing early gains down 7 to 8 points, while July rose to 14.87 and October to 13.97. Midday saw declines to 14.05 for July, 13.81 for October, and 13.93 for December, before a late rebound. The market closed steady, 1 to 9 points higher from the lows.
The New York cotton market showed signs of improved technical position after yesterday’s slide but July liquidation and favorable weather limited gains. Trading was quiet with steady closes and spot mid dling at 16.25, July around 15.10 amid expectations of Washington actions on stabilizing measures.
Cotton prices eased with American grades selling at 8.96 for good middling and 6.16 for good ordinary. Sales reached 2,000 bales, receipts 1,000, futures closed steady with July at 7.53 and December 7.40.
Cottonseed oil closed steady in New York with prime summer yellow at 8.25 and prime crude at 6.75 to 6.87 percent. New and old contracts for various months are listed, showing mixed movements from January through December.
New York June 10 after early fluctuations prices rose sharply in late trading as bear covering reduced selling. Gains across many blue chips followed May U S Steel tonnage data and mixed dividend news from Houdaile Wrershe and others. Close seen strong with about 4.6 million shares traded and several big names advancing on renewed demand.
A dense Western Union style radio grid lists programs across stations like WEAF WJZ WABC and KDKA with time slots from 5:00 to 11:00 p.m. including Heroes and Patriots Frontier Days and Vincent Lopez Orchestra, plus regional stations WPG WBZ WBAL and WZAE.
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