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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 18, 1930
Page
6
New York stocks are weak with irregular bond results and steady to weak curb and foreign exchanges. Cotton and sugar are lower with cotton easing, and Chicago wheat and corn are easy. Cattle and hogs show softer to steady results.
A Mississippi weekly newspaper the McComb Enterprise edited by J. O. Emmerich won the National Editorial Association trophy for greatest community service. Nine major projects were led including municipal government advocacy cattle line health units a full time chamber of commerce and a bus tax. other first awards included best weekly newspaper Green
Los Angeles June 18 The Otto Sanhuber trial over the eight year old slaying of Milwaukee manufacturer Fred Oesterreich moved toward a climax as the prosecution indicated it would probably rest its case today.
The Tracr Star-Clipper won top weekly award but was ineligible for the year after a three time win. Greenwich Press earned first in the same category while Harper Herald and News of Dalton Georgia received honorable mentions in editorial page. Mobridge Tribune placed second in advertising promotion with St James Plain Dealer third and Lake Wales Highlander fourth.
Opening advances in cotton gave way to renewed weakness as weather reports and market trading pushed prices to season lows. July rose to 13.61 and October to 18.05 before closing near best with gains. futures firm by 10 to 16 points.
Cotton futures in New Orleans traded lower on weak stock markets and liquidation in July, then rebounded late as stocks recovered. July futures slid to 12.90, October 12.65, December 12.76, before closing with modest gains and futures quotes: Jan 13.03, Mar 13.25, May 13.35, Oct 12.91-92, Dec 13.03-04.
Liverpool spot cotton shows firm demand with higher prices. American grades gain, with 2,500 bales included in 6,000 total sales and receipts at 22,000. Futures close quiet and steady with July at 7.05 and December near 6.90.
Chicago audience report lists poultry items with counts for alive stock including fowls roosters turkeys spring ducks and geese across three cars twenty seven trucks and various spring figures noted for broilers and geese in mid June.
Wholesale market quotations for Georgia farm products reported by the State Bureau of Markets dated June 16 list prices for liges goats hens ducks turkeys and other items. Field peas and country butter are also priced with units per doz or per lb and varying grades.
The Moultrie hog market reports No 1 packers at 9 25 No 2 packers 8 25 roughs 7 25. New York butter and cheese figures show butter 23064 steady creamery firsts 88 91 score 30 16 33 and cheese 206772 steady.
Chicago potato prices show slow trading with sacks steady and fair demand. Southern sacked bliss mostly 2.75 to 2.90 with some at 3.00, ordinary stock up to 2.25, sacked Irish cobblers 2.60 to 2.70. North Carolina bliss and Irish cobblers mostly 5.00 to 5.16.
Chicago June 18 butter prices and egg market quotes show unsettled overall tones with creamery extras 32 and standards 32. The report lists various grade divisions including extra firsts 30 31 firsts 2814 2914 seconds 26 274 and totals such as 13 392. Additional figures include extra firsts 2314 fresh graded firsts 2234 current receipts 21 22 ordinary current receipts 19 20 storage packed firsts 23 percent and storage packed extra 24 percent.
New York eggs closed steady to firm with mixed colors in regular packing. Extra firsts sold at 24 14 to 25 cents, firsts at 23 44 to 24, others unchanged. overall activity steady.
Chicago June 18 trade summary lists hogs at 27 000 head with prices steady to 10 lower, top 10.00, denoted by weight classes. cattle 9 500 head mostly dull with slaughter classes and varied ranges for steers, cows, and bulls across several weight bands and quality grades.
Chicago wheat prices slip with large early losses and further declines through the day. Corn oats and provisions follow the trend with additional weakness as call money remains steady in New York.
The market experienced a sharp liquidation phase with declines of 6 to 300 points before a partial rebound. Turnover was heavy with about 7.25 million shares traded as banking and industrial shares fell, while a late rally limited losses and the close remained weak. Major issues like U S Steel and Eastman Kodak fell notably.
A dense OCR styled roster lists numerous companies and stocks across sectors including Am Ag pid Am Brake Am Sm Ref Am Sug Am T T Am Tob B Am Wool Anaconda Armour B Atchison L Ahumada Lead Allied Chem Dye Beth Steel Pack Can Pac Ches Chi West Chi Mil St Paul Chi RI Pac Chrysler Coca Cola Col Fuel Gas Elec Com Sou Irons Gas font Can Cont Ins Corn Product Cuba Co Dupont RRR Freeport Tex Gen Elee Gen Mot Gen Ry Sie Gillette Glidden Gold Dust Coedrich T G Nor pid Nor Iron Ore Graham Paige Hartman Houston Oil Tudson Motors Motors Cent Int Comb Eng Int Harvester Int Mer Mar pra Int Nick Int Tel Tel Kennecott Kolster Radio Lig Myr Lorrilard Louis Nash La Oil Ref Co Mack Truck McKeesport Tin Pla Mid tate Oil Mo Kan Tex Missouri Pace Montgomery Ward Nash Motow Nar Cash Reg NY Centro NY NH Htfa Nor West Nor Am Nor Pac Packard Pan Am Pet B Venn RR Penn Dix Philips Pet Pullman Radio Reading Rem Rand Rep Motors Rep Iron Stee Rey Tob Bow Schulte Retail Sears Roebuck Simmons Co Sinclair Ol Skelly Oil Sou Pac Sou Ry Stewart Warner Standard Oil Cal Studebaker Standard Oil Texas Corp Tex Gal Sal Tex Pac Land Trust Timken Roll Union Carbide Union Pac USnd Al US Rule US Steel Vanadium work Chem Va Caro Chem Wabash Warren Bros Wesson Oil West Md Westinghouse Elec Willys Overland Woolworth Yellow Truck.
In New York on June 18 the raw sugar market opened softer with prices down 1/32 cent to 3.25 a hundredweight duty paid. Refined sugar remained unchanged from 4.60 to 4.70 for granulated.
Grain prices and market notes appear in brief OCR snippet from a 6T section. The text shows commodity values and local trading mentions, indicating typical daily grain market updates.
New York coffee market reports steady activity on June 18 with demand fair. Rio No 7 and Santos No 4 show notable price quotes at 94 and 13 percent respectively.
Cotton seed oil closed steady with various futures listed. Prime summer yellow 8.10 and prime crude 6.50 to 6.62. New contracts show values across months, including Nov new 7.50 and Dec 7.42, with 270 old contracts and 13 new contracts traded.
Savannah turpentine totals show firm hues with firm 403-41 stock 10 277 and Hosin firm stock 101 410. Reported quotes include B 5.00 20 D 5.10 E 5.16 20 IF 5.20 25 GHI 6.25 E 6.25 40 M 5.40 50 WW 6.80 90 and others, with receipts and shipments listed.
New Orleans June 18 cot ton seed oil closed steady with multiple contract prices listed for prime summer yellow and crude varieties. Cargo terms show June July and August futures at 7.00 7.05 7.10 with older contracts at 7.30 7.20 and 7.10 for various months.
Nat Thornton of Federal Motor Truck Sales admits serving liquor to city officials in his apartment as the bribery trial of Alderman J B Turner proceeds. State ties Turner to a $550 car in exchange for repair work on ten city trucks, while a second graft trial for Wiley Melton is postponed. Mayoral and aldermanic races unfold amid graft indictments and prior bribery convictions.
Council candidates Wiley L. Moore and Ben T. Huiet deny alliances with current officeholders. Huiet faces graft accusations tied to a grand jury probe over city contracts for the new Atlanta city hall. William H. Johnson also runs as the fourth mayoral candidate amid a tight primary with about 26 000 eligible voters. Turner’s car issue centers on a $550 company funds check. defense contends the car was paid for personally.
The state nears completion in the Turner bribery trial as Solicitor Boykin intends to prove that Alderman J E Turner received a car for securing truck repair work for the Motor Sales Company. Nat Thornton of the Federal Motor Truck Sales Corp testified the firm was paid five thousand dollars for city repair work and that he was involved.
Wheat for July delivery fell to 95 3 8 cents on the Chicago board of trade marking a season low, down 1-4 cent from Monday. September wheat traded near 98 1-8 cents, and December wheat dropped to the season low of 1.02 1-4. Corn oats and rye opened lower but did not reach season lows.
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