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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 27, 1927
Page
3
Prompt stoppage of large tenders for Jalary cotton in New Orleans and New York boosted prices about 1.50 per bale. After a shaky start the market climbed to levels above Friday close, then dipped on realizeings and recovered. January to May futures posted gains with spot cotton steady, receipts at 311 and stock at 524,903.
New York December 27 cotton futures rise with firmer tone after reports of steady demand for cotton goods. Early trading saw a brief dip of 18 to 20 points, but sales absorbed on moderate selling. Prices climbed to new daily highs with active months up about 20 to 29 points by midafternoon. Spot prices remained steady at middling 20.15.
Associated Press reports New Orleans December 27 cotton seed oil closed steady with futures mixed. Prime summer yellow 9.45 prime crude 8.21 8 75 January 9.52 February 9.70 March 9.95 April 10.03 May 10.14 July 10.40 September 60.
Butter receipts total 10 842 tubs with Creamery Tag at 6012 and standards 4734. Extra part 4712149, firsts 4244, seconds 1840. Eggs market unchanged with receipts 2 998 cases and firsts 4142, ordinary firsts 395.
New Orleans reports a substantial advance in cotton prices as notices of tenders for January are issued. About 85,000 bales tendered from noncertificated stock and 190,000 from York stock out of 197,000 certificated. Spot cotton in demand. some tenders lost 26,000 bales, with 15,000 bales moving to exporters. Dry goods markets show encouragement despite Japan's mills cutting back on American cotton due to stockpiles. Overall trade mood is firmer as certificated stock declines.
Poultry alive run in Chicago on December 27 reports receipts of 14 cars with fowls 181-2 23, springs 25, turkeys 30 35, poaters 18, ducks 25 and geese 25.
Sylvester Z Poli of New Haven Conn has just sold his theatrical interests for 30000 dollars. At least 45 nephews and other relatives are ready to greet him if he returns, recalling his early work in marble quarries.
The United States Department of Commerce reports the American chemical industry grew five times in 25 years, reaching 2.9 billion dollars in 1925. Exports total 171 million and imports 200 million, with industrial chemicals showing the largest gains and lacquered naval stores rising in use.
Market movements were uneven though trend favored gains led by General Motors and U S Steel common. Call money rose to 6 12 percent after about 25 million dollars in loans, briefly curbing speculation. Rumors of J P Morgan as chairman boosted steel stock, while cheerier trade reports aided the sector.
Chicago grain opened with mixed moves as corn receipts of 775 cars weighed on prices. Wheat fluctuated from 1-8 to even, then eased. Oats and provisions followed the downward trend with a generally softer tone across the board.
Fire chief F. Roddy warns grass fires from burning vacant lots draw many calls. Over the weekend 18 fires, mostly grass, burned 20 hours 7 minutes of department time. Key incidents include 6:55 p.m. at North Grand, a 12:33 p.m. grass fire on Orange and Jackson, and a 9:05 p.m. blaze at Seventh and Grammont.
George Morton aged about 40 of Vicksburg suffered bruises and cuts when a car driven by Willie Freeman of Gilbert pinned him between the vehicle and an iron lamp post at the DeSiard Jackson street corner. Freeman was charged with reckless driving and posted a $50 bond. Morton was visiting Monroe for the holidays.
Judge Charles Schulze performed a triple wedding at his home on Calypso Street yesterday at 5 p.m. in front of many celebrants. The couples are James R. Brown with Annie Stevens, Irvin Walr with Nora Daugherty, and Ray Russell with Veda Lester.
Ruston merchants report brisk business for the week ending Saturday aided by ideal weather and holiday spirit. Outlook for year end changes suggests unusually light business if any, as merchants anticipate a quiet start to the new year.
Three people sustained arm fractures in separate incidents yesterday and today. Ezra Armstrong, 18, was hunting when his gun discharged this morning at 10 30 injuring his right arm. Carlos Tidwell of Downeville fractured his arm in a auto accident near his home yesterday. Miss Estelle Standifer, 20, fractured her right arm in a motorcycle crash yesterday. All patients were reported doing well at the local hospital.
A Christmas quake in Rome rattled churches and houses, injuring a Brazilian near a church, with ceilings cracking in several buildings. The tremors were felt at the Appian Velodrome football game and reached the Vatican where Pope Pius IX advised calm as servants checked for falling objects.
The state pardon board recommended citizenship for D Guynes of Ouachita parish who faced grain larceny charges and a sentence of 12 to 24 months in the penitentiary. Also named were Sam Williams of Rapides parish for burglary and larceny with a 7 year maximum, Claude F. Futch of Union parish for manslaughter with 2 to 3 year range, and eight pardons plus seven commutations.
William Edward Hickman rode toward Los Angeles in custody as district attorney Asa Keyes disclosed a full confession detailing the kidnap and murder of Marian Parker. The killer described abducting Marian, taking her to a theater and his apartment, demanding ransom, and ultimately dismembering the body.
Hickman described an uncontrollable urge to kill and admitted plotting with Parker to obtain 1500 dollars then kill Marian. He said the supposed Dimitri Andrew Cramer was a figment and that the body was left near the father's car as police were not nearby. He offered to plead guilty to murder and kidnapping and accept the death penalty.
Preliminary work begins to clear the Grammont Street site for the new St Matthew’s Catholic school near Jackson. The current primary building will be moved to the rear, and the east end of the priests’ residence will be dismantled this week leaving 73 feet of front footage clear.
Readable fragment notes the site of a proposed brick building and intentions to break ground immediately after the solvent of the new year. No further details or context provided.
Fire Captain Toombs suffered a hip fracture and extensive injuries after his car rolled three times in a collision with Frank Pettit Jr. at Hall and Wood streets. Pettit was uninjured. a passenger jumped clear. Firefighting crews battled a Saturday night blaze caused by fireworks and remained on scene until 8 05 a m Sunday.
Detectives Harry Raymond and Dick Lucas entered a police car with District Attorney Asa Keyes as part of a courtroom custody sequence. The brief item notes the officers and Keyes alongside the prisoner in transit.
Watty and Theo Finley from west of Monroe were cut and bruised at 3 30 pm near Finley Service Station on Eros road. They allege assault by Louis Zeigler Gordon Zeigler Bill Frutrall from Jackson parish with knives and gun butts. Warrants filed for Louis Zeigler and others. Frutrall a Colfax barber.
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