27 Apr 1928
Page 1
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This newspaper page contains 26 articles. Subscribers can read the full text of each article.
Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Apr 27, 1928
Page
1
New Orleans April 27 The cotton market strengthens in late trading with July near 21 cents, October and December around 20.7 cents. Spot cotton closes 14 points higher while exports total 12 430 bales for the day and 112 030 for the week. Prices show mid afternoon profit taking then steady trade.
The data lists multiple monthly figures with prior and current ranges, noting swings between January through December and a 2047 projection. Opening values are specified for January May July October and December, indicating fluctuating exchange benchmarks across the year.
Fenner and Beane wire Floweree & Co. on April 27 reporting advancing cotton prices due to rain relief in the west and central states, frost talk in the north, and pessimistic crop reports in the southeast. Locals in New York bought early, then sold to check gains as.weather shifts. High prices expected as consuming trade recognizes crop risks and limited replants.
Liverpool in mid April reports moderate demand for spots with higher prices across grades led by American good middling at 12.11 and strict prices as listed. Sales total 7,000 bales with 6,600 from America and receipts 5,900 including 4,200 American. Futures closed steady with May 11.15 and July 11.06 alongside other forward prices.
Liberty Board of Directors met in New York on April 27 to discuss financial results. Key items include treasury figures, 1 2s and 3 1 2s, and proposed treasurer duties with related totals and allocations.
New York markets surge as the 4 percent rediscount rate remains, and eastern trunk line consolidations near. Active issues jump 2 to 12 points with heavy trading totaling about 2,350,000 shares in the third hour. Wabash rebounds after a dip from 88 to 62, then to 89. Standard Oil of New York hits 35, a 12 point rise, with oil stocks like Sinclair and Royal Dutch also reaching new highs. Consolidated Gas climbs toward a record near 167 7-8, while Allis Chalmers gains over 7 to a new top around 129 3-4. Brooklyn Edison, Case Threshing, Jersey Central, International Harvester and American International rise five points or more.
Chicago market reports unexpected Liverpool price upturns lifting wheat while domestic winter crops face adverse conditions. Opening gains appeared, corn and oats started mixed with small early shifts. provisions weak amid volatile trading.
AP reports Chicago market results with hogs 21 600 head uneven action mostly steady, top 10 65 for 200 210 lb. hogs. Cattle and calves totals around 3 000 with steers and yearlings steady, lower grades softer. Sheep and lambs active with lambs and clippers scarce, prices up to 16 00 for choice lambs.
New York April 27 call money rates steady with closing bids at 6 for all on 30 day loans. 60 1 day 5, 4 6 months 6. prime mercantile paper 4 1 4 to 4 1 2. Bankers acceptances unchanged.
Chicago April 27 poultry market shows alive steady with receipts three cars. Fowls quoted 25 to 26 cents, broilers 35 to 42 cents, turkeys 20 to 20 cents, roasters 16 cents, ducks 20 to 24 cents, spring ducks 30 cents, geese 16 cents.
Butter prices and creamery receipts for April 27 show various grade levels and pack sizes. Receipts total 27 775 cases with firsts, ordinary firsts, and storage packed extras across multiple categories noted in shorthand.
Baton Rouge April 27 The Delta Gamma Sigma honorary fraternity for college leaders has organized a student chapter at Louisiana State University. Clifford Danna who founded the parent chapter at Tulane University has been in the city arranging for formalities.
The American Smelting and Refining company expanded from small lead and silver mines in three states to become the world’s largest smelting and refining enterprise. It now produces gold zinc copper along with lead and silver with mines in Colorado Utah Arizona Mexico and Peru and operates over 20 plants inland and on coasts. The firm recently acquired a 50 year half interest in Newfoundland zinc and lead mines. Net income topped 23 million in 1916 and averages above 15 million in recent years due to wartime metal demand.
Dr Frank Kreager of the TLSA extension department visits Monroe to present two psychology lectures at City High School, one at 5 PM and another at 7 30 PM, with a note that only two more lecture periods remain in the course. The program has drawn a fair attendance, including visitors from Ruston and nearby towns.
Mary Haley sues a local photographer for 2000 claiming he used her picture in his advertising. The case centers on unauthorized image use and damages sought in Massachusetts.
Weekly cotton statistics from Liverpool show 61 000 bales forwarded to mills with American stock 773 060 and imports 69 900. Exports reach 34 000 and American totals 54 000 with price and other figures noted by the press report.
Newspapermen and photographers greet Major Fitzmaurice upon his arrival at Murray Bay from Greenly Island via Duke Schiller's plane. The scene shows Fitzmaurice with Old Erin airmen and Duke Schiller, the first aviator to reach the stranded fliers. A storm warning alerts onshore winds increasing, with small craft advisories from Atlantic City to Jacksonville.
Sylvester Parker a 21 year old porter at the Virginia hotel died at 2 10 pm from bullet wounds received in a Tuesday night fight at 811 Layton Street Brooks son of Maryland Brooks shot Parker twice once in the arm and abdomen Brooks was arrested and jailed pending sheriff department transfer
The artesian well on Grand street at the parish school is back in operation after a prior failure that left water level at ground grade and no flow. A well expert was employed to diagnose the issue and restore supply.
A recent installation introduced an electric pit at the well improving service. A faucet now dispenses for sip bottles and another faucet operates the drinking fountain, enhancing public water access.
Government figures show about 3,000,000 Parisians attend theater or cinema daily, with nearly 800,000 office workers among the attendees. The data highlight strong cultural participation and entertainment demand in the city.
Observers describe the Ford craft taking off smoothly after a thousand foot run and climbing above a dawn cloud, then circling Lake and moving south as Clarence Chamberlin and the Columbia cross Atlantic airspace. Mechanics prepare Chamberlin’s motor as the Ford aircraft resumes flight seeking escort, and both planes vanish from view.
A humorous note on the Gumps emigrating to America after a brief visit, highlighting their wit and the best tailors they encounter. The piece blends travel mood with light social observation about newcomers and style.
A 19th century style column argues women gain empowerment through cosmetics. It praises lipsticks and face powders as a rebel tool, contrasts past hard labor with modern convenience, and treats a cosmetic department as a symbol of renewed feminine beauty and charm.
Rayon undergarments with easy washing and durable wear attract many buyers. Lace trimmed designs remain especially popular as women seek comfortable, washable options for warm weather.
The advertisement touts fresh colors and a wide range of frocks for women, misses, and juniors. It highlights attractive designs with fancy handles and implies gifts like an umbrella for Mother's Day, urging shoppers to see the new assortments.
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