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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 15, 1929
Page
4
Chicago market notes butter unchanged with mixed grading results. Extra firsts 2944-30, firsts 29, ordinary firsts 27-2814. Storage packed firsts 30 percent and storage packed extras 31 percent.
Partial timetable lists departures arrivals and connections for the Southland routes including Montgomery Jax Savannah Perry and Albany with through sleepers to Jesup Montgomery Birmingham St Louis and Chicago. The notice names T Wells ticket agent and J P Green district passenger agent with contact phones.
The market led by public utilities shares rose on merger reports and strong earnings. General Electric hit new highs as rails advanced on favorable dividend expectations, while oil stocks lagged after the Colorado Springs conference failure.
Atlanta reporters say a hare carrying a 4 bale of cotton from Corpus Christi Field took flight at 6:00 a.m. for New York while the freight train bears a twin bale. Miss Fern Felscher and a Corpus Christi reporter witnessed the takeoff. Flight time is about nine hours from Texas to Atlanta. The bales were raised at Ed Cough, Texas, and will be sold on the New York Cotton Exchange.
A new financial report shows the night airmail route between Louisville and Cleveland is paying its own way, indicating the service generates sufficient revenue to cover operating costs.
Stocks showed uneven gains amid a week end readjustment with rails and copper leading. Adams Express rose 24 points in its first week on the tape, while Pere Marquette and New Haven as well as New York Central advanced about 2 points. Coppers climbed on favorable May statistics, and General Electric along with American Water Works dipped on profit taking. Total volume neared 1,000,000 shares.
The June 15 1929 forecast notes scattered thundershowers tonight or Sunday with little temperature change. Observations show high yesterday and low last night with mixed regional readings and a general trend of unsettled weather, predicting more showers Sunday in the vicinity. References include temperatures from multiple stations and a long list of city readings.
Cotton futures fell amid realization selling and weaker bullish signals. Trading closed near the day’s lows with declines of a few points as showers were anticipated, while spot middling held around 18.80 cents.
Spot cotton in New Orleans on June 15 closed steady with seven point drops noted. sales were nil. Low middling 17.29, middling 18.79, good middling 19.44. Receipts 799, stocks 179,435. Cotton futures ended steady with a net decline of five to six points, with nearby months showing slight losses across the board.
Cotton seed oil in New Orleans closes steady with listed quotes for prime summer yellow at 3.50 and prime crude between 7.75 and 8.00. Futures for Jan through Dec shown from 8.60 to 9.00.
Cotton seed oil in New York closed steady with prime summer yellow at 9.50 and prime crude 7.75 to 8.00. Futures quotes: January 9.97, June 9.88, November 9.80, December 9.95. Sales reached 4,900 units.
Active buying lift ed wheat prices anew following definite announcement that President Hoover would sign the farm relief bill at noon. Wheat rose across the market while corn declined early, oats remained firm and provisions held steady.
The Moultrie hog market shows No 1 packer hogs at 10.00 dollars, No 2 packer hogs around 9.00 dollars, and lighter weights at about 8.00 dollars per hundred. Prices updated daily by Swift and Company, Moultrie Georgia.
Liverpool on June 15 reports moderate cotton business with prices down across grades. Sales reached 5,000 bales including 3,300 American. receipts 2,600 with 600 American. Futures closed quiet with July at 9.97, October 9.92, December 9.91, January 9.92, March 9.96, May 9.98.
Chicago price notes list live poultry sections with figures for fowls springs broilers roosters and turkeys ducks geese and spring varieties. The data show per unit price ranges across categories.
Chicago sales June 15 show hogs 11 000 head uneven around steady with Fridays close 10 to 15 cents lower. Top 11.20 for 190 lb select. 160-240 lb 10.80-11.10. butchers 250-300 lb 10.40-10.95. 160 lb 10.25-11.15. Cattle totals 300 head: fed yearlings higher about 50 cents. stockers firm. cows and heifers unevenly lower 25-75 cents. best heavies 16.36. fat steers 14.00-15.00.
New York markets report butter steady and cheese steady on June 15. Eggs show irregular, fresh gathered firsts at 30 percent, with price notes not fully clear.
Chicago notes a weak potatoes market with southern sacked bliss at 2.30 to 2.60 and mostly around 9.95 to 2.50. Arkansas sacked bliss and Wisconsin sacked round whites and Idaho sacked russets show varied price moves as old stock trades slow and market steadies.
Savannah naval stores reports show turpentine stock 12 277 and rosin stock 66 979 with receipts and shipments. New York poultry prices steady. Liberty bonds closed with 4s and 4+% notes. Chicago grain markets show no wheat sales and mixed No 2 and No 2 white prices. St Louis cash grain quotes list varying wheat and corn prices.
Florida's shipping season ends as the state plant board imposes a five month ban on most citrus and truck crops to combat the Mediterranean fruit fly. Effective Monday only zone 3 produce may move, with fruit kept refrigerated or screened and permits required. exceptions apply to certain grapes and tomatoes under specified ship dates.
Galveston June 15. Viennese beauty Liss Goldarabeiter Miss Universe faces a $15 000 theater contract but refuses to appear in a bathing suit or abbreviated costume. She weighs options as she awaits a cable from home with Papa to decide. The pageant committee plans travel on the French liner LaSalle from New Orleans if she declines.
Captain Albin Ahrenberg and two companions of the Sverige will remain in Reykjavik, Iceland, indefinitely awaiting a German engineer to inspect the aircraft motors. They had planned a flight to Ivigtut, Greenland, and a Stockholm to New York crossing, but delays force the postponement.
Washington reports a fourfold increase in air mail carried on the New York to Atlanta air route, indicating a surge in early air mail service activity and connectivity between the two hubs.
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