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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 26, 1935
Page
4
New York stocks showed late selling while bonds were irregular and prime issues firm. Cotton traded steady with New Orleans buys and harvest delays impacting markets. hogs steady to 10 cents lower, cattle steady to weak, corn higher on field conditions, and coffee and sugar showing mixed moves. Spot cotton steady at middling 11.95.
The market largely resumes its upward drift with small advances and little selling after an opening flurry. Radio Corporation shares moved strongly with both common and preferred rising. other notable names like Chrysler Montgomery Ward International Harvester and Johns Manville showed fractional gains or steady activity as prices leaned higher. New York raw hides rose amid firm futures trading with notable closing figures for September and December contracts.
Savannah June 26 Turpentine firm shows 43 percent sales 354 receipts 55 shipments 40 stock 32 833 Rosin firms sales 1 017 revenue 2 005 shipments 9 300 stock 417 quotes list various grades with prices and ranges including B 3 45 D 3 90 E 4 00 4 05 F 4 12 15 G H I 4 30 35 K 4 35 M 4 75 80 WG 4 86 90 W 6 60 70.
Chicago market figures show live poultry steady with truck counts at 26. Hens under five pounds at 5 Ibs range and over five pounds at 16 percent. Leghorn hens 12 percent, rock fryers 17 to 19 percent, colored 17, rock springs 20 to 21, colored 18, rock broilers 17 to 18, colored 17, barebacks 13 to 15, leghorn chicks two pounds up 15, under two pounds 13, roosters 13 to 14, turkeys 12 to 16, old ducks four pounds up 10 to 34, small 10, young white ducks four pounds up 15, small 12, geese 10.
New York June 26 closing values for U S government bonds with prices shown in dollars and thirty seconds. Listings include Liberty and Treasury issues across 3s 4s and 4s, with varying quotes such as 101.27 106.26 and 117 along with Federal farm mortgage and Home Owners Loan Corp securities.
In New York on June 26 foreign exchange was easy with British pounds at 4.94 dollars, 60 day bills at 4.92 percent, and France and Italy demands around 6.62 and 8.28 respectively. Montreal in New York quoted 99.93 percent and New York in Montreal 100.0614.
Chicago grain markets closed with wheats up slightly amid a nervous session. July and Sept futures showed mixed moves in corn oats barley and provisions with small gains and declines across contracts as traders assessed the day’s price action and overnight trends.
On June 26 the New Orleans market saw gains in most months while March slipped slightly. Weather remained bearish with no large offers, exports totaled 14,777 bales, and futures finished steady to up 6 points. Liverpool cotton also closed steady with various grades quoted and futures at 6.32 for July.
New York on June 26 reports eggs at 33 405 for the firm with mixed colors special packs from fresh receipts 26 to 28 percent standards and commercial standards 26 percent mediums 40 pounds 2374 dirties No 1 42 pounds 23 percent average checks 2114 and other mixed colors unchanged.
Chicago livestock market report shows hogs 11 000 head with 4 000 direct, prices mostly steady to 10 cents lower. steer and yearling demand mixed with early trade delayed by rain. Cattle and calves totals at 6 000 and 1 500 with better grades bidding higher though overall tone steady to weak. top weights around 12 50 for steers and 12 00 for long yearlings.
Cotton seed oil finished steady with July and Oct contracts around 9.30 to 9.55 and December near 9.34. Sugar futures rose on scattered covering and Wall Street buying with prices from 2.34 to 2.38 for nearby and 2.40s for later months. Sept No 3 advanced from July No 1 to about 2.36.
Moultrie Georgia hosts a three day Watermelon Festival and Mardi Gras with $40 to $60 price dips from last year failing to dampen crowds. Grand baby parade opens at 7 p m and a 10 round light heavyweight bout Knight versus Baisden draws ringside seats. Friday features contests for best preserves and a watermelon queen elected by popular vote ending with a coronation ball.
Bunny Austin opened day three with a 6-2 6-0 6-2 win over J. Haanes in the second round. Sidney Wood defeated G. E. Godsell 6-3 6-8 6-2 to reach the third round at Wimbledon.
New Icelandic statistics show tuberculosis claiming about one in five men in the country. Officials say large sums have been spent on sanitation hospitals and treatment, yet the death rate remains high and spreads across regions.
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