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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 17, 1930
Page
4
New York stocks and bonds show irregular trading while curb markets and foreign exchanges mix. Commodities move with cotton and coffee higher while sugar falls and grains rise including strong gains in Chicago wheat and corn. cattle and hogs decline.
Thomas D. Schall, independent Republican in the U S Senate, led in Minnesota's primary race for reelection with about a quarter of precincts reporting. He held 72 596 votes to Governor Theodore Christianson 49 508 and John F Selb 7 674, as Lundeen led the labor nomination fight and Hoidale emerged the Democratic nominee amid party fusion plans. Both Schall and Christianson opposed the Smoot Hawley tariff with calls for measures to aid agriculture.
Returns from 1,043 of 3,698 precincts show Senator Schall leading as a Republican candidate in the statewide tally. The partial results highlight the early party dynamics in St. Paul as the race unfolds.
Portland Maine June 17 Congressman Wallace H White Jr won the Republican nomination for United States Senate to succeed Arthur R Gould. With 70 of 632 precincts reported White led Ralph Q Brewster 42197 to 25877 while Gould and Dewar trailed. Brewster has been defeated in two consecutive nominations.
Kirk Monroe, 79, noted author of 35 boys books and the Flamingo Feather, died in a Florida sanitarium where he had resided since November 1927. His explorations in early Florida and Seminole life are reflected in Through Swamp and Glade. Survived by wife, he earlier married Mary Baugh Munroe in 1883. Funeral services will be in Miami on Thursday.
In New York on June 17 coffee markets show steady activity with fair demand for Bia No 7 914 and Sintos No 4 1344. Traders note stable prices and balanced supply as buyers and sellers engage.
In Henepin county 246 precincts report Christianson 17 213 Schall 24 878 Selb 2 682. Ramsey county 149 precincts report Christianson 8 558 Schall 18 526 Selb 2 231. In the gubernatorial Republican contest 2 084 precincts show Burnquest 7 237 Chase 65 085.
Partial results from 589 of 632 precincts across 475 towns report Senator Brewster ahead with 39,935 votes to Dewar 7,061 and White 46,184. Governor Gardiner leads Wilson 97,097 to 38,121 in Maine returns.
In New York on June 17 extended declines gave way to rallies in cotton futures. July and new crop months showed modest advances while later selling pressed contracts, with July closing around 13.42 and October near 12.80. Spot middling held about 13.55 as reports of stock-market tone influenced late selling.
New Orleans trading saw cotton futures move up and down through the session with July and new crop months rallying on stocks and a farm loan board report before selling off to close barely steady. Spot cotton closed quietly up 14 points with sales and stock levels noted at 430,406 and receipts 2,687.
Cotton spot dull in Liverpool with prices down across grades from good middling to strict low middling. Sales reach 3,000 bales including 1,100 American. Receipts total 10,000, American 100. Futures steady with Oct 6.91 and May 7.07.
New York call money remained steady at 24 to 3 percent on June 17. Time loans showed small variations with 230 days at 214-2 percent and 60 days at 2%-3 percent, while 99 days stood at 3 percent and 5 to 6 months around 314 percent. Prime commercial paper and bankers acceptances were unchanged.
New Orleans market reports steady closes for cotton seed oil with contracts listing prime summer yellow at 7.10 and various futures: crude 6.50, Jan 7.38, June 7.05, July 7.15, August 7.15, Sept 7.20, Oct 7.28, Nov 7.28, Dec 7.33.
Chicago hogs 31 000 driven by choice weighty butchers. prices 9.75 to 10.10 for 160-280 lb range. Cattle at 7 590 dull with steers 10.25 to 13.00 per 100 pounds. heavies around 12.75. Cows good to choice 7.00 to 9.00. cutters 3.50 to 5.25.
Potatoes trading slow with sparse activity. Southern sacked bliss tops at 2.85 to 2.90 per cwt. North Carolina Irish cobblers mostly 2.00 to 2.15 per cwt. Cod sound stock figures appear in mixed bids and limited sales.
Butter prices around 22 983 unsettled with unchanged levels and 24 106 edges steady. Turpentine and rosin markets in Savannah show firm sales and receipts with notable stock totals and varied grade quotes ranging from 5.00 to 7.10 per unit.
New York June 17 Poultry and tire markets hold steady with varied rates. Broilers range 15 to 28 by freight and 15 to 40 by express. Fowls 20 to 28 freight and 18 to 23 express. Turkeys 15 to 20 freight and 20 to 25 express. Ducks 16 freight and 22 express. Roosters 15 freight and 18 express.
New York markets parceled reports from June 17 showing eggs steady with mixed colors and regular packing, butter steady with firm creamery higher than extra, and cheese at 184 367 pounds with steady trend. Dressed poultry remained steady for fresh chickens and frozen varieties across the region.
June 17 market notes show early upturns in wheat with gains in corn and oats as Liverpool quotes boost Chicago prices. Wheat futures advance with July and September positions while cash grain in St Louis and St Louis reports show mixed No 2 red and No 1 yellow corn values.
New York June 17 The stock market showed modest recovery as large supportive orders aided pivotal shares but no panic or sharp rebound occurred. Trading pared losses, with many blue chips regaining earlier declines while earning gloomier sentiment from bankers and brokers about autumn business recovery.
Chicago market bulletinJune 17 shows steady poultry trading with 3 cars and 23 trucks. Fowls bring 19 to 20 cents, springs 30, broilers 22, roosters 14, turkeys 18, spring ducks 18 to 20, and spring geese 20.
New York report shows raw sugar unchanged early, no sales noted, offers of duty free sugars at last paid prices around 3.33. Refined sugars advance with fine granulates at 4.66, one refinery reaching 4.70.
John D. Rockefeller Jr sponsors a $250 million Midtown project to level three blocks between 48th and 51st streets and Fifth to Sixth avenues for a 60 story skyscraper and a companion curved building. The center will house four theatres and 2 broadcasting studios for NBC RCA entities with subterranean traffic lanes and a garden plaza. The project replaces a proposed metropolitan opera house site.
Tecucigalpa Honduras is a rare national capital lacking railroad facilities. Its residents are of pure Spanish type and retain many ancestral customs. The text notes gold mined near the city to fund Montezuma.
Wilbur Oakes of Chattanooga led the qualifying round at the 28th Southern Golf Tournament in Greensboro with 72 as heavy rain and wet greens challenged players at Valley Brook. Emmett Spicer of Memphis, last year’s medalist, and Percy Parker were among the early entrants in the field of over 125 golfers.
Reports from multiple cities note quirky lifted items and oddities. Mrs Marion MacDonald from Wisconsin praises prize St Bernards with hot coffee in vacuum bottles for snowbound Alps travelers. Colonel Lindbergh tests a collapsible rubber boat in a New Jersey pool. Sophie Tucker diets to gain weight for London show. John Geddes, 18, is freed after arrest for carrying a concealed weapon in Chicago while en route to a fraternity event.
Cotton seed oil markets closed strong in New York with 8.10 for prime summer yellow and 6.50 for prime crude. New contracts showed 17 sales and old contracts 163. Listed futures spanned from January to November with multiple months posting gains.
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