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Newspaper
Laredo Daily Times
Location
Laredo, Texas, United States of America
Date
Jun 13, 1927
Page
2
New York reports suggest cotton prices may rise to eighteen cents as textile buyers return, with a broad view of stock market dynamics. The piece notes money markets, gold reserves, and the role of speculative borrowings, while highlighting a cautious tilt amid ongoing economic tension and improving cotton demand.
Financial notes from New York on June 13 report bar silver at 674% and Mexican dollars at 4944. Foreign exchange shows British demand 4.85 percent, cables 4.85, sixty day bills 4 3 4, Italy 6.61, Belgium 13.88, Germany 23.68, Tokyo 46.87, Montreal 99.99. Call money holiday, time loans steady with rates around 4 1/2 to 4 percent and prime mercantile paper at 0.0.
H R Batford reports recent rains in South and Southwest Texas boost the watermelon crop for Missouri Pacific Lines but prolonged drought and heat in weeks prior will cut yields versus last year. Estimated movement could reach about 431900 cars, with drought delaying shipments from towns including Pleasanton Pearsall Derby Hley Lytle Moore Artesia Wells Alstriota, while some lines expect smaller parcels from others.
ASHIERSON June 13. I G Sullivan of Agherton the largest Bermuda onion seed grower in Teneriffe Canary Islands and the chief importer and distributor in the United States will leave New York soon for Teneriffe to oversee the harvest and shipment of his seed crop. He expects to ship a large share of Teneriffe Bermuda onion seed this season while noting a 50 percent seed shortfall overall with further cuts likely if the dry weather continues.
Fragments describe Witth Avenue buses as harbingers of spring as affectionate couples reappear during warmer weather. Images show youth on the upper deck amid dim city evening scenes with purses and playful embraces. The piece evokes cinematic urban mood and seasonal renewal in a foggy, half-lit setting.
A June 17 meeting in Washington will launch a revised national group from the American Road Builders Association. The County Officials Association aims to standardize local road construction, cut highway taxes, and plan County Officials Day ahead of the American Road Builders Associations’ Cleveland convention in January 1928. Delegates from North, South and Central America are expected to attend, with registration surpassing 80,000.
Miss Marguerite Wersiner, librarian, announced the public library has received Elmer Gantry by Sinclair Lewis, a highly anticipated addition drawing widespread interest.
Chicago and St Louis run hog and cattle receipts with price shifts. Hogs at Chicago 43 000 with 9 to 15 cent gains. cattle receipts 17 600 rising 15 to 26 cents. feeder steers and yearlings strong. St Louis reports hogs 13 500 up 16 to 25 cents. native steers higher 15 to 20 cents. sheep light.
Port Worm Texas July 13 cattle receipts total 4200 with 1800 cattle including steers and heifers. Beef prices quoted: stockers 6.75 to 7.75, fat cows 4.90 to 6.00, bulls 3.50 to 6.50, calves 5.00 to 9.50. Hogs receipts 1000 higher with lights 8.80 to 9.00, mediums 8.70 to 9.40, hogs 8.04 to 8.60. Sheep receipts 7.00 steady with lambs 12.00, shorn lambs 11.56, ewes 6.00 to 6.00, suckers 6.00 to 6.06.
Kansas City reports show cattle receipts 1 500 with steers at 25 cents. slaughter cows steady. top fed steers around 12 75. Texas and Colorado lambs leading at 16 85 and 16 50 respectively. Fat cattle and yearlings vary with top fed Texas grassers near 10 15 and hogs around 9 00. Sheep receipts total 9 000 with lambs down 25 cents and best natives near 16 00.
Oklahoma City cattle receipts 4 300 steady with stockers 1.00 to 7.25, steer and heifer prices mixed. hogs 800 received higher, top 8.90, sows 7.70 to 8.00. Market notes reflect grass cows and light calves with varied demand.
Jamis, Stuart and SS. W. Calmetoss were held for further examining on theft charges of an automobile belonging to the Laredy Knight Overland Company. The men, arrested in San Antonio, were brought to Laredo by deputy sheriff R. Wy Carrejo for the Forty Ninth District court session Monday afternoon.
Dallas authorities plan to install the region’s tallest fire drill tower. An appropriation of 7000 dollars for the project is under consideration.
The New York cotton market opened with a drop of 19 to 29 points amid heavy selling spurred by weekend rainfall in West Texas. Stop orders led to further declines, with October and January futures showing notable lows before the session end for a net decline of about 48 to 57 points. New Orleans futures followed with losses of 71 to 73 points despite local steadiness at noon. Liverpool market reported quiet trade with multiple middling grades logged and 56,000 bales traded.
Austin, Texas June 13. Since January 1, 1927, 1,571 persons have enrolled for correspondence courses from the University of Texas. The extension-teaching bureau reports 41,216 courses offered by correspondence since the service was established. Registrations rise between the long session and summer school per registrar Miss Julia Vance.
Interscholastic League contest rules for 1927 28 are revised by Roy Bedichek UT chief. Publication ready in two weeks with 9000 copies 75 pages each to be distributed to entering schools. A key change redefines the 20 year age rule making anyone 20 or younger as of September 1 ineligible.
At the University of Texas School of Law the 1948 graduation saw eight of forty eight Bachelor of Laws recipients graduate with highest honors. Named are B M Britain of Wichita Falls Franklin Joyce Cox of Cameron Jack Deayurs of Laurel Henry Gottlieb Gran of Yorktown Agnest Allen Guinn of Page John Nelson Jackson of Brownwood Roy William McDonald of Austin and William Forney Nowlin of Rotan.
L B Miller in a Chrysler Tripperial 80 phaeton completed a round trip from San Francisco to New York and back to Los Angeles in 6 days 23 hours 59 minutes covering 6721 miles. He started May 31 10 am from San Francisco and arrived June 7 9 59 am in Los Angeles after a 3885 mile one way leg in 79 hours 55 minutes and a return run of 86 hours 20 minutes via the National Old Trail route.
McAllen Texas reports 13 year old Anna Baum emerged as a winner in the statewide music memory contest. She was among the youngest entrants and stood out for her performance.
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