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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 31, 1928
Page
3
New Orleans cotton prices moved little as traders anticipated a holiday. Early gains faded amid mixed demand and liquidation, with March and May futures edging lower before afternoon support lifted values slightly. Volume reached 51,068 bales as the market closed steady to firmer in the final ticks.
New York cotton trading stayed quiet and uneven within a narrow range on December 31. Prices edged from plus to minus a few points as covering boosted a steady undertone, with futures closing 3 points higher to 3 lower and the spot market quiet at middling 20.55.
Mrs. L. W. Gresham aged 36 died at a Monroe hospital after weeks of illness and an operation. She lived in the Twin Cities at 21 Stella street West Monroe and is survived by her husband and a 14 year old daughter. The body will be sent to Little Rock for funeral and interment tomorrow.
Mrs H H Hanna aged 28 of Winnsboro died yesterday at a local hospital after months of illness. She had returned home briefly after recovery, but complications necessitated hospital care again. Survived by husband with no children. Funeral held this afternoon in Winnsboro with cemetery burial there.
THeron Hale 27 son of Wal ter Hale of Downsville died Saturday after an illness that began with influenza and led to bronchial pneumonia and then double pneumonia. He was a native of Downsville, unmarried, and survived by his parents. Funeral services were held yesterday with burial in Downsville cemetery.
Funeral services were conducted at Bonides cemetery ten miles east of Mer Rouge at 3 p.m. by Rev. Ellis Smith for John L. Daniels 68, who died in Monroe after an appendicitis operation. Survived by wife four daughters and two sons. The News-Star notes a correction about Watt T. Daniels relation.
The stock market closed 1928 strong as more than twenty issues hit year end highs, with gains from 3 to 17 points. By-products Coke surged then pared gains, while Abraham and Straus rose over 14 points to a new peak and General Motors stayed above 200. Some names slipped on profit taking, including National Bellas Hess and National Tea.
All wheat prices fell to season’s lows with initial declines spreading across grains. Corn oats and provisions eased slightly with mixed price moves. wheat closed irregular with a range of modest gains and declines. Prices for No 4 hard and No 2 northern spring wheat and various oats and barley grades were listed, along with seed and clover figures.
The New Orleans cotton market closed steady after a light liquidation and a minor dip before firming. Holiday quiet and speculators postponing operations kept trading light, with exports ending the year 845000 bales above last year and interior reports noting higher base for long staple and improved basis for short cotton.
A terse market note lists closing prices for major firms including American Tel and Tel Bethlehem Steel General Electric and General Motors. The entry suggests modest gains and notable trading activity across blue chips and industrials.
David Ware, sought for the slaying of State Trooper Peter Gladges, is captured in Trenton area after befriended by Alex Middleton in Cartaret. Ware confessed to slashing a throat and was turned over to state police amid a nationwide manhunt.
Norman S. Hall a Yale athlete drowned after saving a classmate Leonard Genz and earlier saved Genz's sister Vera as ice broke under skaters at Cranford New Jersey Hall 20 son of a Neptune banker spent Christmas with the Genz family He was a sophomore and junior at Yale a substitute guard and a track star who earned letters against Princeton and Harvard and was the most experienced guard for next fall's team
James H. Megee, a Bolivar County planter, witnessed the capture of Shepherd after he asked his brother Tom for food. A caravan of three automobiles carried Shepherd with Miss Keeler and several white men, headed toward Jackson after stopping near Shelby while planning to reach Parchman earlier.
Harry Recouly, alleged car thief, was arrested by town marshal K E Humphries after attempting to burn a Ford owned by FE Ballard on Grand Street. Detectives Tarver and Roper said Recouly admitted the theft and aimed to destroy evidence by igniting the car. He was captured near Urania while en route to Alexandria.
Charley Shepherd, a negro convict, surrendered to a woman planter near Perthshire Mississippi for the murder of J. D. Duvall a prison employee and the kidnapping of Duvall's 18 year old daughter Ruth. The escapee was located in a vacant house on the planter's land after a tip from a plantation worker. The capture sent Shepherd toward Parchman prison with Miss Keeler and neighbors while authorities continue a large guarding operation near the prison camp.
Caldwell Bank and Trust directors meet in Columbia to declare a 12 percent dividend for 1928. Surplus fund rises by 2500 and contingent reserve by 5000 as resources total 682000. Bank reports year 1928 more prosperous than expected despite 1927 floods.
Fire over the weekend swept 4000 acres of pasture in Noxubee County affecting Cliftonville and Bigbee valley on the Prairie Lime belt. On the Robertson place six unoccupied negro houses a barn and 5000 bales of hay burned. A large barn with hay also destroyed on the Jeffries place and total losses are expected to be high. In Philadelphia editors call Hoover win the year's greatest domestic event and Kellogg treaty the top international matter.
In Chicago on December 31 the poultry market reports live arrivals of 6 carloads including fowls 22 27, springs 27, roosters 20, turkeys 25, ducks 25 and geese 18.
Government bonds finished trading in New York with Liberty 3 1 2 s at 99.28 Liberty 1st 4 1 4 s at 100.6 Liberty 4th 4 1 4 s at 100.10 and Treasury 4 s at 106.22.
Two clean-up raids aimed at removing crime sources reported outside a paper dealer and a bakery cause minor property damage with no injuries. Officials vow to persist, blaming enemies. Police tactics draw praise and critique as a contractor alleges police brutality and a dismissal prompts a Whalen investigation call.
Riverside California December 31 Mrs Sarah Louisa Northcott pleaded guilty to the murder of Walter Collins in superior court and was sentenced to life imprisonment Collins was one of four youths allegedly tortured and killed on a chicken farm operated by Mrs Northcott and her son Gordon Stewart Northcott who also faces murder charges The son is alleged to have kidnapped the boys and brought them to the ranch where he mistreated them before killing them Mrs Northcott accepted full responsibility for the Collins murder The court appearance followed a secret confession to officials and her prior international manhunt in Canada The mother dismissed her attorney and asked to be brought before the court this morning
In New Orleans on December 31 prices for cotton seed oil eased. Prime summer yellow traded around 9.05 while prime crude ranged 8.25 to 8.37. Futures quotes list months from January to September with steady climbs toward 9. turning points noted for June July and September.
BRUSSELS Belgium Dec 31 Two persons drowned when a motor car carrying 18 football fans from Thourout plunged into the Ostend yachting basin en route to a game. One woman was seriously injured and five passengers were hospitalized suffering from immersion.
In Mississippi, Duvall was found murdered with head trauma and a cut throat, his daughter missing after being abducted by Shepherd. Adjutant General Hairston led 40 plus guards in an 18 mile search zone from the prison farm to the Mississippi River. Miss Duvall later escaped to report the abduction, while Governor Bilbo offered rewards totaling 1 350 dollars.
New York on December 3 Betty Wilson a swimming instructor earned 500 after talking 97 hours sharing first prize with Howard Williams in an endurance gabfest winning the top award and showcasing remarkable stamina.
Liverpool CHICAGO report shows hogs 63 000 with most weights 10 to 15 cents higher under 200 pounds, cattle 13 000 with killing classes up to 25 cents higher, steers 1300 to 1500 pounds 13.25 to 16.25, 1100 to 1960 pounds 18.25 to 16.25, heifers milk fed 15.25 to 17.00, lambs 92 pounds 14.40 to 15.65, ewes 160 pounds 6.00 to 8.50, market broadly steady for sheep.
COLORADO SPRINGS Colo Dec 31 Rockets atop Pike s Peak will send a New Year greeting as 14 Adaman club members led by C W Penland reach the summit after winter ascent. The display includes two Italian star shells and a 12900 candle power flare. The event memorializes Roald Amundsen with a white light atop the peak.
Franklin D. Roosevelt will be sworn in as governor at Albany tomorrow using a family Bible dating back more than 237 years. The fly leaf records the 1691 birth of Jacobus Roosevelt, Roosevelt’s great great great grandfather.
James Rambright Anding aged about 43, prominent Delhi businessman and former mayor, died after months of ill health. Survived by wife Lizzie and five children James L. Anding, George K. Anding, Corrie Anding, Mary Anding, Elizabeth Anding. Funeral plans pending.
On the fifth Sunday, First Baptist Trinity Methodist Presbyterian and Temple Baptist held a joint service at the Presbyterian church in Ruston La Rev W E Neill of First Baptist preached the evening service Men s classes from the four churches met Sunday morning with Trinity Methodist teacher Prof W B Hale leading the session
Miss Edna Liddell of 379 Court Ave Memphis describes a decade of poor health after a severe flu while praising Sargon and Sargon Soft Mass Pills for restoring her nerves sleep energy and weight. The testimonial lists Monroe and West Monroe pharmacies as locations to obtain the product.
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