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 31 articles. Subscribers can read the full text of each article.
Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 08, 1928
Page
8
In New Orleans the cotton market recovered some losses as shorts covered after prices slid on large government crop and ginnings estimates. January contracts rose to 19.18 from 18.76, closing the day with a net decline around 47 points. Spot cotton closed 47 points down amid 8,308 sales and mixed middling grades.
New York stocks faced a broad liquidation with Radio Corp dropping from a high to 825 after a volatile session. Du Pont and other high priced issues shed gains while Wright Aero and Kolster Radio fell several points amid forced liquidations. Banks expect only a natural correction, but heavy volume left the market weak with about 2.8 million shares traded.
In New York the government estimate of the U.S. cotton crop at 14.475 million bales spurred a broad market decline. Futures fell from session highs after the report with January slipping to about 20 points lower and closing around 22.75. Spot prices were quiet as the market finished mainly lower.
The government crop estimate and beginnings returns exceeded expectations, triggering sharp declines and liquidation in New Orleans and New York. Harvest liquidation increased in New Orleans with price drops, while speculative buying helped rally briefly. Government acreage and crop estimates rose, driven by Mississippi valley yields, prompting expectations of higher prices later after an initial extended downturn.
Chicago market roundup shows hogs steady with Friday activity about 5,000 head traded. Cattle mix: prime fed steers 25 to 50c lower, common cattle up 25 to 40c, stockers and feeders firm, cows up 50c, yearlings steady. Sheep week ending saw fat lambs up early then eased, fat ewes 25 to 50c higher, feeding lambs up about 25c.
The report shows cash wheat with no sales and mixed corn values. It lists No 3 white at 441-8 to 447, No 4 white at 46, and mentions barley, timothy seed, and lower seed prices.
Readable fragments show listed firms including General Electric Chrysler GM Ford and Boeing along with a network of global manufacturers and utilities. The text references stock movements and corporate entities across steel oil gas automotive and tech sectors with mentions of Mack Studebaker Tex Gulf Westinghouse and Reynolds Tob. in a dense catalog of names and securities.
Commonwealth Edison, Chicago's main electric power supplier, cut its rates twice this year and expects higher consumption to offset the reductions. The company shows rising net income with 1928 nine months earnings at 8.70 a share, up from 3.62 in 1927. It reports $28.1 million in current assets last year and $120 million funded debt, with half due in 1943, and notes ownership of Chicago Rapid Transit and extensive railroad connections.
In New York prices for cottonseed oil showed a weak yet active tone with several contract points listed for prime summer yellow and prime crude ranging around 10.00 and 1 22. January through December bids and a separate New Orleans report noted an easy close with prime summer yellow at 8.90 and crude between 8.26 and 8.50, with multiple monthly prices recorded.
Liverpool market shows quiet spot trading with higher prices and strong American grades. Spot quotes for strict good middling to strict good ordinary range from 10.05 to 11.15 with 4 000 bales sold, 2 700 American. receipts 1 000. Futures close barely steady with December at 10.23 and October at 10.22.
Butter prices rise in Chicago with receipts totaling 10 767 tubs of creamery exports and 3488 cases of eggs. Extra firsts bring 45 to 46 cents, firsts 40 to 44, ordinary firsts 30 to 36, refrigerator extras 32 to 32 1 2, refrigerator firsts 31 to 31 1 2.
In Chicago on a December market update poultry prices show steady demand with varied quotes. Live fowls bring 18 to 25 cents per pound, springs 27, roosters 20, turkeys 25 to 30, ducks 17 to 24, geese 22. Receipts remain steady.
Biloxi Mississippi December 8 two men Louis Broussard and . Vice were fined one dollar each in a justice court for violating the state compulsory school law. Officials say this is the first such case tried in Biloxi.
In Tallulah Louisiana on December 8 a banquet was hosted by Mr. and Mrs. John H. Devine for local football players. Decorations featured blue and gold. Speakers included Mr. Vermillion and businessman KF P. Jones with timekeeper J. Leblanc.
In Covington County at Lone Star community near Prentiss Mississippi Ruffin Hutchins eighteen was killed when thrown from a wagon pulled by a runaway team. Austin Graves also riding was injured with a fractured skull.
Five physicians from the royal team resumed consultation at Buckingham Palace on King George’s health. They planned a comprehensive review while noting he had several hours of sleep and ground previously gained as crowds gathered for the day outside the palace.
A favorable report on the Louisiana and Arkansas Railway's plan to take over the Louisiana Railway and Navigation was issued to the Interstate Commerce Commission. The deal would involve reorganizing into a Delaware corporation and purchasing L R & N from Mrs Lars Edenborn for 72 million dollars. Grace M. Eddy supported approval, with mixed opinions from Missouri Pacific. The commission will review before a final decision.
The Southern Freight association announced an imminent rate increase on sand gravel and crushed stone, effective March 1, applying to Mississippi valley points and all Louisiana east of the river. Also noted are a December 18 NY Cotton Exchange meeting to discuss charter changes and a transfer of membership from Sidney J. White to George F. Mahe in New York firms.
In Eaton Ohio Der and Mrs Lora Silver 58 were killed and their son Horatio Silver 55 wounded by two burglars who entered the home early today Mrs Silver died instantly from a heart shot and Dr Horatio Silver died in Dayton hospital five hours later after surgery Burglars ransacked the residence and fled Anna May Silver 19 daughter of the couple witnessed the escape and alerted authorities
Mississippi teachers hesitate on holiday traditions as they withhold judgment on Santa while awaiting their eight month overdue state pay and a December remittance linked to a 4 million dollar short term bond issue. Local bankers suggest alternate loan options could be pursued if the bond sale proceeds.
Four year old Tommy Brennan, found by a police officer at Battery Park elevated platform, asked for an electric train and a puppy when he phoned Santa. A sergeant coaxed him to reveal his name and address before a jovial voice confirmed his identity and he was returned to his mother.
The Tallulah Masons Lodge No. 808 held its regular monthly meeting and elected E. S. Thomas as worshipful master James R. Linton as secretary FE A Buckner senior warden Myles Hopkins junior warden W P Sevier treasurer succeeding W S Craig J S Cason chaplain Manville Kell junior deacon A Bennett ruler Leaves and Lesser Saiewitz stewards The lodge has over a hundred members and its new Masonic temple was dedicated the last Sunday of November.
Gustave F. Ebding filed in a Cleveland federal court to stop Herbert Hoover from taking office arguing Hoover has served as president only since 1919. Ebding told Secret Service agents patriotism and conscience moved him to file the suit, seeking to restrain Vice President Dawes from certifying the electoral vote for Hoover.
Jefferson County grand jury returned a no bill clearing Howard College junior Westbrook of all charges in the November 22 slaying of Birmingham Southern freshman Montress Freeman. He had faced second degree manslaughter charges under a $21,000 bond before the investigation.
Cotton prices fell 2.65 a bale on the New York market after government figures estimated a crop yield of 14,373,000 bales. December dipped to 19.89 cents and March to 19.84 as selling remained heavy but limited by demand.
New Orleans December market news reports a large government crop and ginnings estimate, pushing cotton prices down about 4.50 per bale. January to May futures retreat from 19.76 19.02 with 72 to 86 point drops, then rally slightly and close 47 to 48 points lower.
Poley Pope engineer aged 38 and Willie Hobby fireman aged 20 of the Pasca goula Hardwood company were critically injured when the locomotive boiler exploded on a log train seven miles from Lucedale Mississippi. Hobby is not expected to live. Several negroes on the train suffered minor injuries.
A 22 year old in a Ford robbed Landrum at a Jackson parish filling station, taking $4 after forcing the clerk to open the register. He sped away toward Eves before deputies could obtain a reliable description, as Sheriff Coverdale and local police pursued him.
He stated an election will be held to vote on the proposed bond issue. He noted conversations with men in all walks of life as part of his outreach.
The report notes 159 million gallons drawn for denaturing and 8.67 million gallons of pure alcohol withdrawn from bond. Distilled spirits taxed and stored total about 1.61 million gallons with remaining in bond near 20 million, but evaporation reduced usable stock to about half. End-year still wine and sacramental withdrawals are 22.41 million and 0.74 million gallons. Narcotic division reports 13,569 pending narcotic cases, 2,498 new registrations and 6,119 unregistered suspects. Records show 26,332 ounces seized or bought, 4,738 convictions, 8,786 years of sentences, and $182,000 in fines. Domestic sales of drugs reached 433,900 ounces. opium and coca imports totaled 140,172 and 234,000 ounces respectively. Illicit narcotics traffic remains uncurbed by current force.
Lotus Club brief notice calls all members to its club rooms for the annual meeting this evening December 8 at 8 o'clock. Secretariat H. G. Frazer requests attendance and serves as secretary treasurer.
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.