Markets At A Glance
New York stocks are strong and bonds firm with steady foreign exchanges. Cotton and coffee rise while sugar eases. Chicago wheat and corn hold steady with cattle and hogs mostly steady to lower in early trading.
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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 10, 1931
Page
6
New York stocks are strong and bonds firm with steady foreign exchanges. Cotton and coffee rise while sugar eases. Chicago wheat and corn hold steady with cattle and hogs mostly steady to lower in early trading.
Chicago struggles with mounting municipal arrears totaling millions as county and city governments wrestle with unpaid wages and hospital bills. Officials report past due sums reaching several million dollars, with lawsuits filed and limited cash flow affecting public services and payrolls.
An anonymous letter was sent to John Schafer, a Wisconsin representative from Milwaukee, threatening him for urging presidential action to stop an alleged issue. The sender offered a ride one night and the note carried two cents postage. Authorities investigate the threatening communication and its motive.
Atlanta officials discuss fox hunting laws as Game and Fish head Peter S Twitty urges wardens to prosecute out of season hunts and trap violators. The Sept 1 to Jan 31 season is stated and enforcement of steel traps is emphasized.
Walter C. Brinker of Denver Colorado wins the first prize in the National Public Speaking contest under the American Institute of Banking. He will speak tonight from 10:45 to 11 o clock EST on NBC coast to coast from station KDKA Pittsburgh.
A government official dismissed gambling among officials on government time as a nuisance, saying many such cases have occurred and some were nasty. He noted the White House directed department heads to his letter and that the gambling is being stamped out.
In New York on June 10 early buying and short covering supported gains of 10 to 15 points before nervy, irregular moves as demand eased. New Orleans saw an afternoon rally with July to 8.41, October 8.78, December 8.99, then profit taking trimmed advances. weekly weather report noted no strong influence. Liverpool also posted modest firming with July at 4.52 and October 4.63 as American and global cables influenced prices.
Market figures show No. 1 packers 5 565 hogs, No. 2 packers 6.05, No. 1 pigs 4.55, No. 2 pigs 4.55, roughs 4.05 as of June 9 1931. Chicago butter and eggs notes list varied prices and grades with current receipts and storage figures.
Chicago market notes show poultry inventory with counts of alive fowls and fowl categories. Data covers cars, trucks, and varied spring and turkey figures for the day, indicating steady market movement.
Savannah turpentine firms report sales and receipts data with price quotes for resin and related products. Market figures show totals for 60 52, 188 receipts 726 shipments 90 stock 410, and a separate firm with sales 499 receipts 2 465 shipments 2 575 stock 193. Prices quoted range across multiple grades from B to X with various cents per barrel.
Memphis TennesseeJune 10 Cotton seed futures closed quiet with bids listed for June through January 21.50. No sales recorded. Cotton seed meal futures closed strong with sales of 500 tons and bids from 22.60 to 21.50 across the months.
Hogs 18,000. 180-250 lbs 6.40-6.50 top 6.60. 250-380 lbs 5.85-6.40. pigs 6.00-6.25. sows 5.00-5.35. Cattle 11,000. yearlings weak to 25 lower. best yearlings 8.75. slaughter steers 7.10-9.00. 900-1100 lbs 7.40-8.90. cows 6.00-6.25. stocker steers 6.00-7.50.
New York reports no early price move as steady inquiry continues. Sales include 35 000 bags Porto Rican 117 000 bags Philippines and 20 000 Cuban for June arrival and shipment. Futures open slightly higher then ease with September down to 1.28. refined sugar holds at 4.45 with strong withdrawal demand.
Chicago June 10 report shows potato trading mixed with fair to good demand. Prices vary by grade and region from Alabama and Louisiana to Texas and North Carolina, with fancy grades higher and ordinary around 1.40 to 2.40 per barrel depending on quality.
A fragmented note records mixed egg prices in New York with references to 10 E 130 Ri and a 16 percent figure. The text mentions extras and a lane route but lacks clear context or complete data.
Fragmentary OCR text shows financial notation and dates but lacks a coherent event or names to anchor a summary. No verifiable actions, persons, or organizations are clearly readable.
New York June 10 The stock market fluctuated with an irregular tone as investors awaited a crowded calendar. New York Central maintained a regular dividend amid rail strength and a late rally followed by profit taking, while steel and chemicals advanced at times and then eased.
New York call money remained steady at 1 1/2 percent all day. Time loans showed 60 days at 1 1/2 percent, 3 to 4 months at 1 1/2 to 2 percent, and 6 to 6 months at 1 1/2 to 1 3/4 percent. Prime commercial paper quoted at 2 percent, bankers acceptances unchanged.
A terse note records no survey on beer benefits as chairman Veer and Wickersham weigh debts and duties amid unclear remarks.
Mexico City reports say Mexican students prepare a vigorous protest against the killings of Emilio Cortes Rubio and Manuel Gomez in Ardmore Oklahoma. The action targets the federation of students in New York. La Prensa notes heightened excitement but restraint until investigation results are released.
Washington June 10 More than 850 disabled World War veterans were invited guests at the White House garden party in their honor. President and Mrs Hoover greeted each veteran as Cabinet members and their wives assisted. the event is a carefully staged annual social function.
Vanderbilt University graduates heard Dr Gordon J Laing of the University of Chicago deliver the commencement address. He warned that formal education sets a base while lifelong learning comes from reading good books in leisure. He critiqued vaudeville as a cheap magazine of theater.
A garbled OCR fragment references a Pennsylvania senator's request and a study's results. The readable bits suggest a reply or public day context but lack clear entities or concrete facts to identify people places or dates. The record preserves the uncertain note without adding unsupported details.
The bobwhite quail relies on a screen of concealment and diverse cover for survival. Refuge thickets around fields and roadsides sustain quail, while excessive clearing reduces numbers by exposing them to predators. Mixed small fields with deliberate thickets and open woodlands maximize quail habitat and feeding grounds.
New York reports: Texas Guinan back from France contemplates Reno club gig after a costly trip. Asheville notes Cherokee Reservation Boy Scout troop with white leader teaches hikes in the Great Smoky mountains. A global education view finds English boys superior in learning while Americans lead in leadership. Daibes and plant lice affect hospital flowers as experts warn of germ risks.
Little Rock June 10 A hot bed of protest surrounds the 90 day divorce act as petitions were filed with Secretary of State Ed McDonald. The act would have taken effect tonight but is suspended until the 1934 general elections unless an injunction is won. Home Protective Association backers say petitions total 12,071 signatures, surpassing the 8,504 required.
The article discusses how quail decline relates to nesting and feeding ground cover. It notes that density of grasses and sedges influences nesting sites and that open edges or paths suit nests, while dense cover can hinder movement in rain. It urges farmers to manage cover to protect game birds.
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