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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 27, 1926
Page
6
Cotton futures close with a net gain of 17 to 19 points while spot cotton rises 24 points to 12.71 for middling, as interior reports say heavy rains damaged much of the crop and remaining fiber is of poor quality. Traders anticipate the year's lows may be in, with good buying seen on recessions.
New York cotton futures on December 27 show mixed moves with the nearby December contract closing around 12.42 and March near 12.66 while May trades at 12.85. The boardnotes indicate opening prices around 12.42 for January and various nearby months, reflecting modest fluctuations across the market.
Chicago Dec 27 Wheat prices moved higher after an initial slight drop as indications showed a smaller visible supply. Bears noted the US still carries a large wheat surplus while corn, oats and provisions held firm with corn near the opening range.
In New Orleans on December 27 cotton rose as markets absorbed sizable January tenders in New York. About 100000 bales tendered there were largely bought by the issuing firm, keeping prices steady and lifting January futures by 3 to 24 points while other months gained 3 to 24. Demand remained brisk and the market cooled after shorts covered.
Annie Virginia Standley 68 widow of James Standley died at her home on De Siard road. Funeral held at 10 this morning with burial in city cemetery vault. Virginia Fontana three died at home Eleventh and Washington streets. Burial in local Catholic cemetery. Edna Higginbotham 54 died yesterday in Monroe hospital survived by husband James Higginbotham of Bastrop. Burial at Morehouse parish cemetery today.
A large gathering attended the Sunday funeral for William Kepner at the Kepner residence South River Front. The Masonic service noted his long career with the United States engineering department overseeing Ouachita locks and dams. Burial followed at Riverview Burial Park with Western Star Lodge No. 24 in charge. He died Friday morning and left several children.
Unusually low temperatures spread across the southern Rockies and desert regions after a weekend storm. Traffic stalled on a Miami to Superior Arizona pass, a Mexican laborer died after his car plunged from a cliff, and a Panhandle death due to exposure was reported as Phoenix hit 33 degrees and Tucson saw the first snow in three years.
Prof E L Neville superintendent of city schools said there is no danger to the Central high school building after Thursday’s cave-in on the southwest corner. He explained the incident was the collapse of an old underground cistern and the surrounding earth, filled by 3 pm, with no threat remaining.
The city firemen express appreciation to firms and individuals who contributed to their Christmas fund. The fund was divided pro rata among all members and significantly enhanced Yuletide enjoyment for the firemen and their families.
The report notes a Christmas program with diverse Bible editions and languages led by Mrs. John Scholars. It announces the annual banquet on Friday December 31 at 7 45 p.m. in the annex, followed by a New Year party. Sixty two league members attended the devotional event the night before with many returning students listed.
Floods significantly damage highways, livestock, and crops. Arkansas reports two deaths, the highest toll among affected states. Tennessee experiences the widest river flooding and greater area inundation than any other state.
This classified notice invites readers to place Want Ads to access a marketplace of business opportunities worth thousands of dollars. It suggests selling your business or buying into another line and urges action in the next few days.
Rain continued to swell rivers along the Cumberland affecting Chattanooga and Clarksville while lowland roads flooded. Huntsville lost power as lines failed and Kentucky towns reported property damage but no fatalities as more rain was forecast. In Alabama, over 1000 coal miners in Walker County were laid off temporarily.
Flood waters damaged multiple properties and halted traffic on the Bankhead highway between Jasper and Birmingham due to high water by the Warrior River. Cattle, hogs and other livestock losses were heavy as the Tennessee River at Muscle Shoals reached 21.9 feet. Dam one and the Florence highway bridge were submerged while nearby lowlands became vast lakes. More rain is forecast.
Notice from the trustee of Albert Bennett Smelser Bankruptcy No 3146 of a sale of estate property in Monroe Ouachita Parish Louisiana. The Ford Touring Car with Motor No 12981596 and miscellaneous items are offered 12 to 1 pm January 7 1927 at the district court front door. Cash 10 percent, balance after court confirmation.
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