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Monroe News Star in Monroe, Louisiana

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Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Aug 06, 1929

Page

6

Cotton market steadies after liquidation ahead of government report

In New Orleans Aug 6 light selling pushed cotton prices lower as traders awaited Thursday's government report. Early gains from solid cables and drought concerns in Texas faded into a quiet late session with October gold at 18.75 and December at 15.05. Exports for the day reached 8 148 bales and futures closed modestly higher around key support levels.

Associated Frese New Orleans Texas

Cotton futures mix with small gains in late trading

In New York today the cotton market showed modest activity as supplies remained limited. Early advances faded into narrow fluctuations with mid afternoon prices steady, closing with small net gains across several near term contracts and a mixed opening.

Associated Press New York Browcht

Cotton Market Falls Short of Direction in Evening Up

New Orleans reports trading in cotton as mostly an evening up affair with shorts lifting prices slightly on strong cables and weak Texas Oklahoma data. No interior rain, high Texas Oklahoma Arkansas heat, cooler drouth regions likely in 48 hours, forecast showers in central eastern belt, condition figures 68.8 to 72 with beliefs prices may hold steady unless weather shifts.

New Orleans Texas Oklahoma Arkansas Drouth Northwest Belt

Cottonseed Oil Prices Report From New Orleans

New Orleans August market notes show dull values for cotton seed oil with primes in summer yellow and crude listed alongside futures for nearby months. Prices range from 762 1-2 to 875 across dates including February through December.

New Orleans Associated Press

Chicago live animal market report notes varied hogs and cattle

Hogs receipts 16 000 light to medium prices mostly lower. Butchers 250 300 lbs 10.40 21.40, 130 160 lbs 10.90 12.10. Cattle 6 590 receipts calves 2 000 generally steady to strong. Slaughter steers 1300 1500 lbs 14.06 17.00, 950 1100 lbs 13.59 16.90. Sheep 18 000 active, 10 25 lower. range lambs 12.50 13.65. feeding lambs steady. lambs 92 lbs down 13.00 13.85.

Chicago

Wall Street Rebound After Morning Decline Amid Rate Shifts

Easing call money rates limited a sharp intraday slide in U S stocks with many active issues still down 1 to 8 points early. Some favorites recovered led by American Telephone and General Electric while utilities and copper shares gained as investors awaited Bank of England moves.

Associated Press New York Chicago Stock Exchange Bank of England Wall Street Chicago Detroit Edison American Telephone New York Central General Electric Chesapeake & Ohio Allis Chalmers Standard Gas and Electric Pacific Telephone Auburn Auto North American Consolidated Gas Union Pacific American Can United Aircraft Allied Chemical A. M American Water Works Westinghouse Electric First May Department Stores Worthington Pump Mack Trucks Newport Co Federal Light and

Markets at a Glance from Associated Press

Stocks swing with Detroit Edison down 25 points and Insull stocks under pressure. Bonds ease with mixed convertibles. Foreign exchanges soften as the yen climbs to a 1929 high. Cotton and sugar soften on weather and demand, coffee sees more Brazilian offerings. Chicago wheat weak on receipts, corn forecast rain, cattle steady to strong, hogs lower.

New York Detroit Edison

Wheat and corn rise as grain markets firm in Chicago

Chicago grain markets posted gains with wheat recovering after an early sag and corn turning higher after opening at 4-8 cents up. Oats tracked corn and provisions also advanced as trading stabilized through the day.

Chicago

Sugar futures drift lower amid Washington uncertainty

New York sugar prices remained nominally unchanged at 3.89 for spots duty paid as futures opened down and eased through the forenoon. Market activity stayed light with liquidation dominating and refiners quoting 5.50 for fine granulated. futures closed easy with September at 2.10 and July at 2.38 after about 28,100 tons sold.

New York Washington Reinew

Foreign exchange rates in early August across major currencies

AP reports varied currency values in dollars for Great Britain and cents for others. Listed rates include Great Britain 4.84 eight eight, France 3.91 and a quarter, Italy 6.22 and two thirds, Belgium 13.89, Germany 23.80, Norway 26.63 and a half, Spain 14.61 and a half, Greece 1.29 and a quarter, Brazil 11.88, Tokyo 26.80, Shanghai 528.00, Montreal 99.75.

Associated Press New York Great Britain France Italy Belgium Germany Norway Spain Greece Brazil Tokyo Shanghai Montreal

Call money, loans ease amid firmer rates in early market

By Associates Press. New York reports call money easier with high 12 and low 12, ruling rate 12. Time loans firmer at 30 days 8 4 9, 60-90 days 3-4-9, 4-6 months 8 3-4-9. Prime commercial paper 6-6 1-4. Bankers accepts unchanged.

Associates Press New York

Weekly city building permits total twenty one thousand three hundred seventy

The mayor's office reports twenty one thousand three hundred seventy dollars in permits issued last week. Largest project is a one story brick building on Alexandria street by Dr. B J Young of 2913 South Grand Street. Other permits include frame buildings on Gramneront and Marx Streets, a frame garage on Jackson Street, and remodeling on North Sixth Street.

Alexandria Street B. J. Young South Grand Street Peyton Perkins Gramneront Street Blanks and Breard Marx Street Dave Garrett Jackson Street C. H. Washington Frank Marlem North Sixth Street

Cotton prices and futures slip in Liverpool market

Liverpool reports quiet cotton trading with American grades steady to lower. Prices listed for various ensures from strict good middling to low middling with sales at 2,000 bales, including 1,700 American. Futures closed quiet with October to July contracts ranging from 1005 to 1014.

Associated Press Liverpool

Potatoes Market Mixed As Receipts Rise

Chicago August 6 potatoes receipts 66 cars on track 260 trading fair market slightly stronger Kansas and Missouri sacked Irish cobblers 210 to 265.

Chicago Kansas Missouri

Butter and Eggs News Out of Chicago Market

Butter prices fell slightly in Chicago trading with 16,062 tubs received. Creamery extras 41 1 2, standards 42 1 4, extra firsts 41 2, firsts 39 40, seconds 87 to 81 2. Eggs held steady with 17,957 cases received.

Chicago

Morton recounts Northwest journey by Louisiana Special

C B Morton guest of honor at a Lion Club luncheon shared impressions from the Louisiana Special train tour visiting 14 states including a 24 hour stop in Vancouver Canada He praised Tulsa growth from 7000 in 1905 to 170000 today and highlighted St Josephs recreation and Grand Forks four product mills and plants The trip showcased southern hospitality and US vastness Prof Francis Wheeler and Leon Hammond joined for club singing with Dr S A Collins W D Hall W L Love Henry Mayo and C Bynum Jr as guests.

C. B. Morton Lion Club Louisiana Great Northwest Vancouver B. C Canada Tulsa Okla Morton St. Joseph Grand Forks N. D South United States Francis Wheeler Centenary College Shreveport Leon Hammond Lions S. A. Collins W. D. Hall W. L. Love Henry Mayo

Three Ouachita youths granted bond by Pearce

Oscar Rove Marvin Gaskin and Minor Smith three white residents of Ouachita parish charged with cattle stealing in Union parish were granted $1000 bonds after a preliminary hearing in Farmerville Judge S S D Pearce ruled the evidence justified bail The hearing drew a large crowd of local farmers and witnesses testified largely circumstantial evidence included blood spots on a ferry boat crossing and recovered butcher gear and a cow heart in the car

Farmerville Oscar Rove Marvin Gaskin Minor Smith Ouachita Parish Union Parish SS. D. Pearce West Monroe Heef Pearce 8. L. Digby Monroe W. J. Hammons Zonesboro H. G. Fields T. C. Bergeron

Plans Ready for Six Room Addition at Lida Benton School

J. W. Smith and Associates completed six room expansion plans for Lida Benton School on Lee Avenue and repair plans for the city school. Mayor Arnold Bernstein will review these after returning from New York, with contracts to be let soon if approved.

J. W. Smith and Associates Lee Avenue Arnold Bernstein New York

Legion Pushes Junior Team Protest Over Eligibility

The American Legion post in Shreveport moves to press its protest over the eligibility of Shreveport and New Orleans junior league teams after B W Hardcastle's report from New Orleans. The post urges Monroe to be named state champions and warns it may escalate to national director Dan Sowers if needed.

B. W. Hardcastle American Legion New Orleans Shreveport Charles E. McKenzie Roland Cocreham C. C. Bell Dan Sowers Indianapolis Ind Dc. E. McKenzie Jimmy Snee Monroe McKenzie Roland Go¢ereham Louisiana Cocreham Hardcastle Chas E. McKenzie

Mitten Ready To Help In N C Trolley Strike

Thomas E. Mitten, head of the Philadelphia Rapid Transit, offers to go to New Orleans to arbitrate the street car strike if employers accept his plan. Secretary Davis would serve as arbitrator, following a Union telegram endorsing the Mitten Plan. The plan creates a joint employers and employees committee with final decisions, already used in Buffalo and Philadelphia.

Associated Press Washington Thomas E. Mitten Philadelphia Rapid Transit Company Buffalo Philadelphia

Cotton stalk bears 80 bolls near Lake Charles

A cotton stalk eight inches tall with 80 large bolls and many small ones was grown east of Lake Charles by Frank Volman a Black farmer.

Lake Charles Frank Volman

Woman Struck by Train Killed in Center Texas

Shreveport dispatch reports Mrs G W Green, a prominent East Texas citizen, was killed attempting to cross the Southern Pacific track at Bobo's switch in Center Texas while boarding a southbound train to Timpson. Her husband crossed safely ahead. her body was sent to Biglands Louisiana for burial.

Shreveport Southern Pacific Bobo Timpson Texas G. W. Green East Texas Journal Today Center Green

Five Suspects Named in KC Drugstore Explosion

Durwood M. Dailey named five men in a possible arson plot after a drugstore blast that killed three firemen and injured eleven. Three suspects are in custody, including Dailey and John L. Crowe. two others, led by a figure Dailey called the plot leader, are sought. Police report evidence tied to an arson scheme and insurance motives.

Kansas City Durwood M. Dailey Dailey John L Pat’ Crowe D. L. Piggott Piggott Warren McBride Donald Beaumont

Texas glass firm buys Bastrop plant from Frost-Whited

The Three Rivers Glass company purchases the Frost-Whited Investment glass plant at Bastrop Texas and plans to resume operations soon. Headquarters will move from Three Rivers to Dallas. The Bastrop plant reopening will provide local employment and expand the company’s annual capacity to about 40 to 50 million bottles and jars for the Southwest market.

Bastrop Three Rivers Glass Company South Frost- Whited Investment Company Bastron Dallas Journal Three Rivers Dallas Frost-Whited Investment Company Louisiana Southwest Texas Oklahoma Arkansas Alabama Mississippi Kansas Arizona New Mexico Colorado Mexico Central and South America

First Lady Wright rice cut in southwest Louisiana

A sample of the season s first Lady Wright rice was brought to Lake Charles by George Harlan on land owned by Mrs Joanna Hurlbut four miles north of Iowa along the Louisiana canal in Jeff Davis parish. L Z Lorraine began cutting early Prolific near Hayes several days earlier.

Associatm! Press Lake Charles Wright Rice Louisiana George Harlan Joanna Hurlbut Iowa Louisiana Canal Jeff Davis Parish L. Z. Lorraine Hayes

Dies in Belhaven yacht explosion in Suffolk man's death

FE. C. Pitt of Suffolk Virginia died from burns after the sixty foot yacht Vivian exploded and burned at Belhaven while en route to a fishing trip to Ocra coke. Several companions were lightly injured. The blast is believed to have started by a match in the engine room igniting engine bilge gases.

Associated Press Washington, N. C

Striking Romanian Miners Clash with Troops in Lupeny

In the Lupeny coal district near Bucharest, about four thousand miners clashed with military forces over a wage dispute. The fighting left dozens dead and hundreds wounded as power was cut and mines were halted, with the riot act read before soldiers fired. Local authorities said the strike was local in origin, not communist influenced.

Associated Press Bucharest Romania Lupeny

Impeachment Report Urges Charge Against Knox

A Mississippi House committee filed a report urging impeachment of Attorney General Rush H. Knox for alleged high crimes and malfeasance. The eight to one decision directs the creation of articles of impeachment after an eight month probe into fees tied to cases from 1924 to 1928.

Associated Press Jackson Miss Rush H. Knox House of Representatives House Standing Committee State Tax Commission Cecil Inman

Poultry Receipts Reported By Chicago Market

Poultry alive firm receipts total 3 cars with fowls 29 springs 29 broilers 26 roosters 21 turkeys 20 30 ducks 18 20 geese 15 spring geese 20.

Chicago Poultry Alive

Two Injured As Car And Bus Collide Near Edwards

Two persons were seriously injured and a number of others cut and bruised when a bus carrying travelers from Selma Alabama collided with a Meridian car driven by W G Culpepper near Edwards Mississippi early today. Culpepper suffered bad cuts and M S Watson fractured shoulder blade. The bus was returning from a Texas tour when it swerved to avoid a parked cart changing a tire.

Jackson Miss Edwards Hos Meridian Culpepper

Texas Sheep and Goat Raisers offer replacement for pet goat

The Texas Sheep and Goat Raisers association telegrammed sympathy to Secretary of State H. L. Stimson for the loss of his goat Captain Bones and offered to replace the pet with a registered Angora.

San Angelo Tex H. L. Stimson Captain Bones Texas Sheep and Goat Raisers

Ouachita Sheriff Sale Notices From Monroe Listings

Public sale notices outline two properties in Ouachita Parish Louisiana. Alan F Sugar and West Monroe cases list Lots 2 and 3 in Block 6 Maryland’s Addition and Lot 14 of Square 2 in Flournoy’s First Addition West Monroe, with sale dates in September 1929 and associated court actions.

Ouachita Bank Foreclosures in Ouachita Parish Court

Writs issued in Ouachita Parish Fourth District Court lead to public sheriff sale at the Monroe courthouse. On August 17 1929 the bank seeks the right title and interest of J R Massey in a judgment of 398 06 with interest and costs. A second sale on September 7 1929 lists the South Half Northeast Quarter and Southeast Quarter Northwest Quarter of section eighteen in township sixteen north range four east as seized property to satisfy a writ.

Alan F. Sugar F. EB. Smedley State of Louisiana Parish of Ouachita Fourth District Fourth Dedictat Ouacita Monroe Louisiana Maryland Ouachita Parish Milton Coverdale West Monroe P. Lev Flournoy Fourth Street Ouachita National Bank Massey Parish of Ouachita Fourth District Court Ilsa Fourth Judicial District Court J. R. Massesah Cleve’s J.-B. Thibodeaux Ouachita National Bank of Monroe H. P. Marks Fourth Judical District Court Parish State of

Also Mentioned on This Page

Fenner & Beane Wires R. E. Flowerree & Co Ae Ae Corry-Davis Funeral Home Ambulance Service Stanley W. Prenosil Winnipeg Chicago Grain Ty Associated Press TOR Banial Lini Rids— A Eellies Sent. A. Aoe Ae Riise Eciacieter Ae Money Market Theo Terzia Grayling Young Newton Moore Stalish Street B. Johnson Gordon Avenue Ares Legion Post Mitten N. C Carmen K. C Texas Corporation Virginia Quster OF Knox Pet Tex Ee Es Cicago Tribune
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