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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 07, 1927
Page
12
Markets in Seans show a relatively quiet session with early gains fading as weather fears press prices lower. January and March futures drift to near lows with March around 19.71 and May near 19.50. overall volume moderate and the day closing steady with minor declines.
The railway, formed in 1900 from the Richmond Petersburg and Carolina line, turned five years of deficits into a profit and began paying 1 percent dividends. It operates about 3900 miles of track, with new Florida connections linking east and west coasts. Growth in the South and Florida has boosted freight and passenger revenue as tourist travel rises.
Stock roundup listing many companies and percent changes from a historical market page. Highlights include Colorado Fuel, Westinghouse Electric, Dow Jones area firms, and various regional holdings with percent shifts indicating varying gains and losses. Names include General Motors, Reynolds Tobacco, Southern Pacific, and Texas and Pacific.
Poultry numbers steady in Chicago trading with receipts listed as 3 cars. Fowls range 17 to 22 cents, springs 19 to 24 cents, turkeys 25 to 82 cents, roosters 17 cents, ducks 19 to 24 cents, geese 21 to 22 cents per pound.
In the adjourned October term the federal court heard numerous pleas. Mary McCrentex pleaded guilty to a whiskey charge. Jennie V. Kellar to a section 218 penal code violation. Parker and Fuller to penal code violations with one year and one day sentences. Other defendants faced fines, jail terms, or dismissals. several cases were continued or set for future dates. Ten federal officers accompanied the Monroe court from Shreveport for the session.
Readable figures show prices and dates scattered across the fragment. Mentions include January and December with several numeric values such as 4 and 2, 15 20 posts, and values like 10.78 10.76 39.62 and 19.53 13.05 49.89. The text is garbled and lacks coherent narrative.
In New Orleans on December 7 the market for cotton seed oil closed quiet with quotes across months. Prime summer yellow at 9.70 and prime crude at 8.75 to 8.47 with various months listed from January to December, including notable spikes and declines.
New Orleans reports cotton prices steady with small afternoon easing as traders await two government reports. Weather is poor with widespread rain and a northwest cold wave forecast. weekly weather review notes good picking in the past week and little remaining in fields. An English assessment estimates U S cotton consumption at 15,740,000 bales, with potential declines if the crop estimate drops below 11,760,000.
Obituary notes the death of Mrs C C Telles aged 35 at a hospital and mentions she is survived by her husband and five sons. Other obituaries include Malfred Womack aged 2 and references to funeral plans and Osterland Funeral arrangements with services at a church on Monday morning.
New York December 7 Liberty bonds closed with values for several series including 31-28 at 102.11, first 11-48 at 193.12, third 100.24, fourth 193.51, Treasury 4a 110.25, and 4 1-4s at 115.25.
Telephones advertise a local listing at 208 South Grand with the number 772 for contact. The fragment lacks clear context or event details.
In New York trading December 7 factions differed on reasons for a market dip. Analysts cite Coolidge's noncandidacy remarks and steel production weakness, while bankers blame technical post-advancement pullback. Early losses reached 12 points among leaders. yet copper rose 15 points and Mellon praised fundamentals as sterling slid from 4889 to 3883. Industrials and rails weakened with notable drops in U S Steel, DuPont, Case, International Harvester, GM, and Atlantic Coast Line.
Chicago grain futures rise as buyers dominate early trade with scattered selling. Wheat opens firm then edges higher while corn shows initial gains but retreats. oats advance and provisions hold steady amid unsettled trading.
The report notes higher baiter and egg costs with a creamery price of 46 1 2 and an extra fee. BB may-ray J-2 shows firsts at 46 1 2, with BT at 39. Eggs non-encased and a shipment of 3,273 cases are mentioned.
Liverpool on December 7 reports steady prices across grades with sales totaling 4 000 bales including 5 900 American. Receipts reach 18 000 bales with 5 800 American. Futures close quiet at Cre 3044 and 10.45 for Jan March May July contracts.
New York December 7 call money easier with all loans at 4 percent and closing bids at 4 percent. Time loans steady with mixed collateral for 60 to 90 days at 4 1/8 and 4 6 months at 4 1/4. Prime mercantile paper remains at 33 to 4.
The regular mid week prayer service at First Methodist church will be held tonight at 7:30. Assistant pastor Rev John M Norris will conduct in the pastor's absence while he is out of the city. The pastor will return Thursday.
Seven hoboes asked for jail berths at the city jail last night and spent the night on benches in the court room on the city hall’s second floor. This morning they rushed for breakfast when offered food after being asked. Heavy rain likely forced them from their usual sleeping places.
Co C Scharf pleaded guilty in city court to possessing liquor and was fined 100 dollars for the city and 107 50 for the state. He testified he brought the liquor from Mississippi. Hurst Barr and Julius All good were released and their cases dismissed. The porter said the bottle in the room contained ginger ale. Scharf paid total fines of 207 50 dollars.
In Mays Landing New Jersey Prosecutor Hinkle urged a first degree murder verdict in the Lilliendahl case predicting death or life imprisonment. He challenged the defense witnesses and questioned motives while disputing the credibility of critic witness Samuel Bark and the alleged confessions tied to Clyde Thompson and Bill Bellar.
Sheriff Milton Cadle and deputies arrest Joe Arnold of Newtown on a larceny warrant. Arnold allegedly stole car tools shortly after being released from parish jail on November 14 for breaking and entering.
Bert Nicholf manager of the Atlanta club announced the purchase of Jimmy Poole, who played first base for the Pacific coast club last year from the Philadelphia Athletics. Poole saw part of the 1926 season with the Athletics before moving west.
Lee Armstrong was arrested yesterday in West Monroe and jailed on a warrant issued May 5 charging him with abusing and beating his wife and driving her from their home while threatening to break her neck.
Miss Dassie Wardlaw of 400 South Riverfront street suffered a head gash when a curtain glass in a car she rode in shattered at 8:30 last night. She was treated at St. Francis sanitarium and returned home today. Pooh Pooh for the Count of Monte Cristo follows a Marseilles note.
Members of the House flood control committee commend Wilson for his tireless work on Louisiana flood issues. They say he interprets detailed data well and backs a three fold plan of higher levees spillways and reservoirs for northern valley states. Colleagues predict a strong showing for his influence and possible governorship prospects.
Monroe Lions Club banquet featured toastmaster Barney Oakland and Melvin Jones as chief speaker. Leaders from Lions International, Kiwanis, and American Legion praised Lionism, with remarks on community service, secretary roles, and club leadership. Music by Johny Wooten's band and performances followed, ending with Lion Jones's praise of service clubs.
Mr Faulk publisher of The News- Star reports from New Orleans on Louisiana campaign mood. He says Riley Wilson is gaining ground across parishes east of the Ouachita and from reliable sources sentiment favors Wilson. He urges using News-Star want ads for results.
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