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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 15, 1931
Page
8
New York and other exchanges opened the week quietly with mixed signals. Stocks held after early gains as investors priced in higher freight costs, potential railroad dividend cuts, and tax fund flows. Currencies and bonds showed uneven moves amid a cautious mood.
A fragmented Chicago report lists butter prices and items under specials. It notes scores and percentages for various products, including carrots and kegs, with figures on receipts and storage packing. The readable fragments imply market activity and pricing but lack full context.
Liverpool cotton market reports fair demand with prices down five points. American type values range from strict good middling 5.48 to good ordinary 3.78, with sales at 6,000 bales and receipts 1,000. Futures closed quiet and steady with July 4.58 and May 4.98.
New York butter totals 9,346 with varied categories and quality scores including first at 88 to 91. Cheese production stands at 359,977 with steady output and price signals. State milk flats move from fresh to fancy grades and note ranges for held stock and packing classifications.
Cotton seed oil closed firm in New York with summer yellow at 6.40 and crude 6.12 to 6.25. July 6.95, September 6.88, October 6.55, December 6.25. Sales totaled 15 contracts.
Cotton seed oil in New Orleans closed steady with prices for prime summer yellow at 6.70 to 6.80, prime crude 6.12 to 6.25, and futures for June 6.40, July 6.40, August 6.40, September 6.45, October 6.15, November 6.10, and December 6.05.
As of Saturday June 13 1931 hog market figures show No 2 packers at 6.85 No 1 pigs 5.16 No 2 pigs 6.15 and roughs 4362 4. Packers numbers 187e 13 AR80 noted as reference.
Market notes show egg prices for June 15 to 23 with 23,920 unsettled cartons. Mixed color regular eggs sold tight with heavy 19 to 20 percent, extras 18 to 19 percent, firsts 16 to 17 percent, and mediums around 15 to 16 percent.
New Orleans spot cotton closed unchanged on June 15 with quiet trading. Sales 45, low middling 7.43, middling 8.438, good middling 8.93. Receipts 1,009. stock 58,497.
New York on June 15 saw call money at 1% for the entire day. Time loans held steady with 60 days at 1 1 2 percent and longer terms showing minor moves. Prime commercial paper at 2 2 percent. bankers acceptances unchanged with 30 days 1% and up to 6 months around 1 1 4 percent.
St Louis cash grain report lists Wheat No 1 red 82 83 cents No 1 hard 81 1/4 cents Corn No 2 yellow 57 58 cents No 2 white 57 44 58 cents. Close: Wheat July 65 cents Sept 54 30 cents. Corn July 56 1/4 cents Sept 52 cents.
Chicago livestock prices show hogs at 6.40 to 7.00 for 140 to 160 pounds, 200 to 250 at 6.75 to 7.00, and 250 to 450 at 6.10 to 6.90. Slaughter cattle and vealers list steers 7.00 to 9.00 for 600 to 1500 pounds, cows around 4.25, and stocker cattle 6.00 to 7.50 for 500 to 1050 pounds. Bulls steady. vealers and beefs mostly steady with some variations.
Cincinnati reports Wally Roettger an outfielder moved from Reds to the St. Louis Cardinals for outfielder Taylor Douthit. The deal included cash undisclosed. Roettger once led NL batting, now sits at .351 with 65 hits, 11 doubles, 4 triples and 1 homer this season.
Raw sugar held firm near 3.30 as buyers stayed aloof amid steady futures. Futures opened unchanged to two points higher. Refined sugar remained at 4.45 for fine granulated with fair withdrawal demand, but no new business was reported.
Memphis Tenn June 15 cotton seed futures closed dull with bids listed for June through January. No sales of cotton seed were reported though cotton seed meal saw 600 tons sold.
Turpentine firm 49 51 reports sales 359, receipts 702, shipments 302, stock 30 741. Resin firm shows sales 320, receipts 2 111, shipments 813, stock 199. Quotes list various grades and ranges from B to X with prices.
Four Athens organizations the chamber of commerce Rotary Kiwanis and Lions clubs endorsed Dr. Andrew M Soule as president of the Georgia State College of Agriculture praising his leadership and the college’s statewide impact through education extension and agricultural growth following criticisms voiced by T J Shackelford.
Marion Ohio prepared for President Hoover's dedication of the Warren G Harding tomb with red white and blue decorations. Officials designated parade routes and the ceremony will be broadcast on CBS and NBC from 1 45 to 3 30 PM Eastern.
The Rotary Club endorsed the chamber of commerce statement and expressed appreciation for Dr Soule. Kiwanis and Lions Clubs also endorsed the chamber’s statement, supporting its message and work.
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