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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 19, 1934
Page
4
New York stocks follow cautious selling after a firm open with gains fading on profit taking and delayed Congress adjournment. Traders note light volume, nervy commodities, and mixed advances among leading industrials and sugar stocks.
Today's bond market prices show Liberty bonds mixed with Treasury issues. Notable quotes include Liberty 1st 4% at 32-47 and Treasury 3% at 51-55, with several 4% and 4.5% series trading around midpoints. Highs and lows vary by issue as investors gauge rates.
St Louis Price report shows cash grain values with Wheat No. 2 red at 9444, Corn No. 8 yellow at 61-61. Oats No. 2 white at 45. Closing values include Wheat July 93 and Sept 04, details truncated.
Bleachable cotton seed oil futures closed firm in New York with spot unquoted. June 5.50. July 5.58. August 5.62. September 5.78. October 5.89. November 5.95. December 6.06. Sales totaled 47 contracts including 16 switches.
New Orleans cotton trading showed moderate volume with fluctuating prices. Prices rose on market gains and rains in the eastern belt, July futures around 12.60, with October and December edging higher while nearby months eased slightly. Overall, the market closed steady with minor gains from yesterday.
New York cotton opened fairly active and higher but faded to quiet with prices slipping on realizings and selling. October fell to 12.22, near 12.25 midafternoon. active months showed tentative gains. Futures closed steady overall with several quotes around 12.40 to 12.50 and spot middling at 12.30.
Liverpool cotton receipts and prices show a quiet spot market with quotes lifting slightly. Prices for different grades range from good middling around 6.67 to strict low middling near 6.62 and dow middling about 6.27, with some forward and future terms listed.
New York sugar markets showed support from refiners at about 3.05 for unrefined raw sugar with interest in suitable permutations, while nearby futures offered different terms. Prices remained largely unchanged as refined prices hovered near 4. b.
In Chicago markets the day’s poultry listings show live hens at steady to firm values with rock and colored varieties noted. The report lists parings for broilers, dehorned, barebacks, rousters, turkeys, ducks, and spring poultry with ranges from 7 to 26 cents per pound for various grades and weights.
Live poultry prices in New York on June 19 show slow sales with no freight quotations. Express and broilers range 1 to 27, fowls 4s to 10, roosters and turkeys listed with limited clarity. overall values steady to firm amid uncertain demand.
Market report notes June prices for butter and cheese in New York steady with little change across creamery products. Limited details imply stable markets as buyers and sellers monitor YU scores and general demand.
The entry lists egg color varieties and counts for June 1 in New York. It notes firings and firsts across several categories with numerous color descriptions and measurements.
Chicago livestock market report lists pigs weighing 140 to 850 pounds with prices from 2.50 to 4.20 per pound, sows and boars priced around 3.60 to 6.00, cattle including cows and bulls priced from 1.50 to 7.25, steers 600 to 1050 pounds at 4.50 to 5.50, and ranges for various grades of beef and stockers.
Foreign exchanges in New York show steady tone with major currencies quoted. Britain at 3.044 dollars in eight 60 day bills, France 6.6045, cables 6.604, Belgium 23.88, Germany 58. Jt, Sweden 0. and others listed with numerous cross rates and bilateral bids across currencies and cities.
A Savannah turpentine firm reports June activity with receipts 26895 and shipments 74 percent, stock 950,876. Prices listed include F 4.35 G and Ho 40 Db 4.20 M 4.60 N 4.65 WG 4.70 WW and X 4.85.
New York coffee futures closed steady with light activity. Trading showed mixed quotes for July September and December contracts with light to moderate sales, as market activity remained subdued.
New York June 1 call money steady at 16 percent all day. Time loans unchanged for nn days and months at 4 1/2 percent. Commercial paper rate steady, Rediscounts at 2 percent.
New York raw hide futures finished the session with an 86 to 60 drop. Trading showed bids near 10.00 to 10.66 with 129000 pounds from the market.
Moultrie Georgia hog market prices for June 19 list heavy hogs 240 lbs and up at 4.25. No 1 hogs 160-240 lbs 4.50. No 2 140-160 lbs 4.00. No 3 120-140 lbs 3.78. No 4 100-126 lbs 9.25. No 5 60-100 lbs 2.75. Sows 3.50. Boars 8.50.
London and Brighton investigators grapple with a dismembered body mystery after a woman's legs were found in London in a suitcase and a torso recovered in Brighton. Four letters FOR D were found on a note, with authorities pursuing leads while denying links to a separate case involving Miss Agnes Tufverson.
Recap of Roosevelt era actions as Congress delegated tariff and monetary powers to the president. The program expanded relief funds, credit control, and agricultural measures, with billions authorized for jobs, housing, roads, and industry. Aims included a balanced 1936 budget and sweeping regulatory changes. Johnson bill sought to curb lending to foreign debt defaulters.
Vienna reports blood stains found in a trunk at Ivan Poderjay apartment linked to the disappearance of Miss Agnes Turverson of the United States. Paddington Register Office records reveal Poderjay’s London marriage to Susanne Ferran on March 22, three months after his marriage in New York.
Police pursue Van Proderjay in a tangling case tied to the disappearance of Agnes Turverson, an American lawyer and Poderjay's wife Mme. Zhivka reveals divorce documents from Belgrade showing a 1933 separation from a Yugoslav officer, preceding a 1933 New York marriage to Msa Turverson.
In a continuation article, Roosevelt discusses using German funds in various countries to pay British and French bondholders. The United States runs a favorable trade balance with Germany, exporting more than it imports. Officials doubt a similar clearing house is workable here, while the Harrison resolution allows impounding about $20,000,000 of German American mixed claims funds in the U.S. treasury until Germany
The text notes rates boarding a ship at Tientsin then assuming charge amid long conflicts against pirates. It mentions five centuries of warfare along China’s coast, foreign gunboats aiding China, and a 1932 Japanese estimate of about 50,000 pirates in one district. It also references resumed payments on mixed claims and occupation costs and US state department inaction against Germany.
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