This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 28 articles. Subscribers can read the full text of each article.
Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 08, 1927
Page
10
New Orleans cotton prices fluctuated after the government crop and ginnings report. January futures fell about 80 points from highs, later trading near 19.60 to 19.82 for March and 19.50 for May. Spot cotton closed steady, with 2,608 futures sales and receipts at 4,947. Stock stood at 519,671.
The government's final crop estimate of 12,789,000 bales sparked a price retreat on the New York cotton exchange. Futures closed 44 to 48 points lower, with March and May easing from earlier peaks as traders liquidated long positions amid weak trade reports and mill curtailment concerns.
Liberty bonds quotes show first 4 1 4s at 103.10 and third 100.24 while fourth 104 and treasury 110.29 with 41-45 at 115.26.
Stock prices continued to slip as traders faced political worries and fears of higher rates from Coolidge era monetary policy. Banks lent about 5 million more while liquidity remained ample at a 4 percent renewal rate. Southern Railway rose on a higher dividend to 149 while U S Steel fluctuated from 133 1/4 to 141 and back.
Chicago grain traders sent prices lower as bearish crop data weighed on markets. Estimates show the eastern corn crop down by 241 million bushels from last year while the western crop adds 249 million bushels, with corn finishing 2 1/4 to 2 5/8 cents lower and wheat down up to 13-8 cents. Oats slipped and provisions held steady as trading closed.
Associated Press reports cotton market activity in Liverpool with prices for American middling and other grades, sales totaling 10,000 bales including 7,000 American, receipts at 12,000 bales, and futures closing barely steady.
In New Orleans on December, cotton seed oil futures show a mixed board with closing easy. Prime summer yellow quoted at 9.60 while prime crude trades between 8.75 and 8.87 for first half delivery with January nine seventy and March ten dollars.
Butter prices rise as receipts reach 4344 tubs with creamery extras at 51 1 4 and 1st grades around 47 1 2 to 49. Eggs advance on 3686 cases with firsts near 42 47 and ordinary firsts 32 40.
New York notes show steady call money with all loans closing at 4. Time loans hold at 4 41-8 with mixed collateral for 40-90 days and 4-6 months at 41-4. Prime mercantile paper remains around 33-4.
Poultry alive steady with receipts reported as 5 cars. Fowls range 19 22 12, spring 19 24. turkeys 25 82. roosters 17. ducks 18 25. geese 21 23.
Albert Miller charged with misappropriation of post office funds faced a jury this morning. The jury had not returned a verdict when the court adjourned at noon. Miller admitted funds were missing, but claimed someone else stole them. The shortage was about 799 dollars.
Dallas dispatch reports Jack Holland, manager of Oklahoma City in the Western league, announced the sale of outfielder Whitey Felber to Chattanooga of the Southern Association.
Cotton Letter Fenner and Beane reports Floweree and Co market movement as government crop estimates and ginning returns spark initial gains but lack of buying power and bearish textile notes trigger late selling. Prices end lower amid revised crop figures and distribution worries. further liquidation expected.
George Remus fights back after an attack as Truesdale testifies about plotting and a near double cross. Other verdicts include Rigsby’s 16 to 24 months for receiving stolen goods and multiple sentences for shooting, manslaughter, and forcery.
Retail oil gas and filling station supply dealers plan a banquet at Hotel Virginia at 7:39 PM to form a Monroe local association modeled after groups in Shreveport Minden Lake Charles Alexandria and New Orleans A state organization will follow later C R R Tidwell and E C Stuckey led the drive citing cooperation public service and other benefits for the industry
Deputies D. L. Roper and C. L. Tarver escorted four men to the state penitentiary this morning. The group included one white man and three Black inmates after their conviction in the third week of the district criminal court’s fall term.
Companies 1 and 2 responded to a fire call yesterday at 3 40 p m and found a false alarm at alarm box No 48 at Park and Calypso streets.
A trash burn near Monroe Auto Supply on Walnut Street at 11 20 a m set several old cars nearby ablaze. Company No 4 extinguished the fire with only slight damage reported.
Mrs. C. C. Telles died early yesterday. The funeral is set for this afternoon at 3:20 at St. Matthew's Church with burial in the Catholic cemetery.
Freeda Esther Wilson infant daughter of Mr. and Mrs. V. O. Wilson of McGehee Arkansas died shortly after birth on December 1. Funeral services were held at Columbia Louisiana. Mrs I L Wilson of Riverton is the mother of Mr Wilson.
Mildred Miller aged 13 daughter of J H Miller of Swartz broke a leg while playing near the parish school yesterday afternoon. She tripped while chasing a playmate and was taken by ambulance to St Francis Canitarium. She will welcome visits at the hospital.
The report notes controlled spillways to restrain water levels and the local setting back of levees to maintain safety around New Orleans.
Fred J. Heintz of Covington testified to the house flood control committee that the Bonnet Carre spillway would increase flood dangers to southeastern Louisiana from Lake Pontchartrain. He argued that protection should not shift risk away from New Orleans to other areas.
Weather difficulty in starting cars and a sudden cold spell boosted demand for warm clothing. Merchants see lively winter wear sales as the cold drives Christmas shopping. The weather bureau predicts a hard freeze tonight with temperatures from 14 to 20 degrees in north Louisiana.
Mr Heintz urged city officials to raise the dock system and elevate levees. He recommended setting back the levees from Baton Rouge to New Orleans to mitigate flood risk along the lakefront.
In Shreveport the morning low reached 20 degrees as a cold wave swept the area. The 24 hour temperature fall approached 40 degrees with a brisk wind accompanying the cold snap beginning yesterday.
A cold front swept into Mississippi and Louisiana with freezing temperatures predicted tonight. Readings ranged from 14 to 20 degrees in northern Louisiana and 24 to 30 along the gulf coast, with Monroe at 17 and Shreveport at 20 degrees, the coldest in two years. New Orleans recorded 35 degrees as Meridian, Mississippi, reported 22. Friday was expected to bring fair, slightly warmer weather.
Caldwell parish residents most affected by last spring’s flood urge federal take over flood control. They say a congressional plan could prevent repeats of 1927 floods and view this year’s inundation as a catalyst for federal action on Mississippi River flood prevention.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.