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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 28, 1933
Page
5
New York cotton futures opened with sharp declines then partial rallies as wheat weakness and foreign buying influenced the market. Later in the session prices remained irregular and nervous over European monetary factors with October futures around 10.42 at the last hour. Overall grain and fiber markets showed mixed moves, with cotton closing near steady and other commodities fluctuating.
Prices for October and December futures moved widely with early gains fading and later rallies. Exports for the day reached 30 642 bales as the session closed steady with modest declines from the previous close.
Liverpool cash cotton totals 11 000 bales of which 3 200 are American with spot demand fair and prices six points lower. Quotations list American strict good middling 7.28 and various grades down to strict good ordinary 5.98. Futures closed quiet with July 6.21 Oct 6.21 Dec 6.23 Jan 6.25 Mar 6.29 May 6.82.
Turpentine firm 41, sales 114, receipts 601, shipments 20, stock 16 145. Rosin firm sales 1 296, receipts 1 991, shipments 2 391, stock 108 171. Price quotes include B 3.40, D 3.50 55, EFG H and I 3.70 75, IKK 3.75, M 3.75 80, N 3.80 85, WG 3.80 90, WW 4.05, X 4.10.
New York on June 28 reports total eggs at 27,297 with mixed colors and special packs from fresh receipts 1744-20. Standards and commercial standards 1644-17, seconds 14-14134, mediums 39 lbs. White eggs unchanged. Brown eggs hold to western standards 17-17 percent with other brown eggs unchanged.
The report notes little change in general conditions with high pressure over the east Gulf and Atlantic states and low pressure in the west. Rain in the last 24 hours was light and scattered, mainly in the southeast and mid-Atlantic. Temperatures remained unusually high east of the Great Plains with 90s and 100s in El Paso, Dodge, and Chicago. Rockies to Pacific cooler with possible afternoon thunderstorms.
Chicago market report lists poultry prices with steady conditions for 45 trucks. Hens bring 10 to 1034, leghorns 8, roosters 8, turkeys 10 to 11, spring ducks 6 to 9, old stock 5 to 6, geese 6 34, leghorn broilers 11 to 13, rocks 16 to 18 percent, colored 14 to 16.
New York butter and cheese prices show a firm butter market with higher creamery prices and varied scores. Butter totals include 20 447 pounds with extras at 92 score and firsts around 87 to 91, while packing stock and current makes list No 1 at 16 14 and No 2 at 15 74. Cheese totals 476 4N7 with steady prices.
New York June 28 dressed poultry steady with prices unchanged. Live poultry market firm with broilers and other categories showing no movement. Ducks quoted at 14 and other freight and express rates unchanged.
Chicago market data lists butter and creamery products with varying scores and lots. Prices show firsts mids and seconds across several grades with percentages and future storage references.
Chicago market data shows hogs at 25 000 head with most bids 15 higher than yesterday. Hogs by weight classes range from 3.50 to 4.75 per pound, with sows around 3.65 to 4.10. Cattle trading mixed by weight, with steers and heifers mostly in the 4.75 to 7.50 range and cows 2.45 to 4.00. Stocks of stocker and feeder cattle listed with varying prices.
The Irish Free State sold 1 800 tractors to the United States in 1931 but did not sell any in 1932, reflecting a shift in agricultural exports during the early 1930s.
New York sugar futures slipped with September dropping from 1.51 to 1.48 and January from 1.69 to 1.56 while the late market held near the prior close. Call money in New York remained steady at 1 percent all day as time loans eased for short terms and prime commercial paper inching higher.
New York June 28 the stock market rose as the dollar weakened abroad and grain markets moved irregularly. The pound sterling and French franc rose while wheat and other grains retraced highs. Rail stocks led gains with several operators up 1 to 2 points and major issues advanced modestly. Analysts note potential French departure from gold could lift the dollar, with rail car loadings improving and farm price shifts signaling a broader upturn in trade.
Moultrie Ga June 28 hog market prices list heavy hogs 240 pounds and up at 2.75 No 1 160 to 240 at 4.00 No 2 140 to 160 at 3.75 No 3 120 to 140 at 3.50 No 4 100 to 120 at 3.25 No 5 60 to 100 at 3.00 Sows 8.25 Stags 3.25
June 28 reports buoyant foreign exchange with Britain at 4.37 dollars, France 5.07 demand and 6.07 cables, Italy 6.80, and numerous currencies and nicks listed for Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Yugoslavia Austria Romania Argentina Brazil Japan Mexico Shanghai Hongkong and more with various N quotations.
The Southern Newspaper Publishers Association votes to launch a newspaper advertising drive highlighting the value of ads and the South as a market. About 500000 dollars in ad placements are expected across member papers. New president J Mapes presides over a breakfast meeting as officers and directors convene.
New York and New Orleans market notes show coffee futures steady with Rio and Santos listings, raw hides futures higher, U S government bond prices mixed, and cottonseed oil futures weaker to barely steady with varying contract quotes across regions. Prices appear for spot, July, September and other months, with sales totals and contract highs noted.
St Louis cash grain report shows No 2 red wheat 96 34 to 97, No 2 mixed corn 50 to 54, No 2 yellow 53 14 to 54 14, No 2 white 56, No 2 white oats 46 5, with July wheat 91 and September 92 5 percent, December corn 51 % nom.
Treasury records indicate receipts for the 26th were $6,347,326.89 and expenditures $23,844,765.12, leaving a balance of $48,893,510.71. Customs duties for 2¢ days of June amounted to $19,009,802.73.
Chicago June 28 AP Dr Fen Reitman a freelance student of the underworld and former head of a Chicago hobo college told sociologists criminals and outcasts are not the greatest menace. He outlined a new classification with a big ten and little ten, naming politicians bankers corrupt enforcers lawyers gamblers bootleggers and more as harmful groups. He contrasted this with vagrants who show higher insanity and poor stock with little self discipline.
Atlanta reports state superintendent M. D. Collins voiced optimism about education’s future despite economic strain. He cited teachers in Georgia who worked months without pay and urged that current students will become future college graduates and professionals who fill leadership roles.
In Manhattan New York a young woman fired a pistol at Asa Pearson near Broadway and West 48th Street. Pearson, 29, was hit and died after being rushed to a hospital while the assailant fled and later surrendered at a police station.
A 53 year old explorer reports weeks of daily wrestling to stay fit for an aerial survey over Antarctica. He describes endurance during a 20 minute stint, hoping a life of navigation and discovery will continue despite fatigue and a belief in tobacco related health myths.
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