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Monroe News Star in Monroe, Louisiana

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This newspaper page contains 27 articles. Subscribers can read the full text of each article.

Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Jun 03, 1930

Page

2

Cotton markets ease as trade winds down in York session

Cotton trading in York on June 3 shows wet conditions and light demand with a modest selling pressure. Futures close easy while spot prices hold around middling 16.00, with declines extending to 23 points on late trading and new December at about 14.43.

Cotton Letter Reports Mixed U S Market Signals

New Orleans June 3 cotton markets edged lower with July futures down a few points while new crop values fell about a dollar per bale. Trading light due to holidays, with Japan, street and local interests active. Silver declined to 32 5-8 cents an ounce, markets bearish until weather shifts boost demand.

New Orleans South Europe Wade

Liverpool Cotton Prices and Sales Report

Cotton spot market dull with lower prices. American grades mostly steady to lower for strict good middling 9.44 and good ordinary 6.64. Sales totaled 2 000 bales, including 1 100 American. receipts 1 000 with 800 American. Futures closed quiet: July 7.97, October 7.78, December 7.77, January 7.81, March 7.81, May 7.84.

Liverpool

Cotton Seed Oil Developments Reported in New York

Associated Press reports in New York on cotton seed oil industry shifts affecting markets, producers, and pricing dynamics. Key figures and firms are referenced, with attention to trade implications and regional impact.

Associated Press

Livestock Prices Reported by U S Dept of Agriculture

CHICAGO June 3 Hogs 25000 including 7000 direct mostly steady to 10 higher top 10 65 new high since April butchers medium to choice 260 300 Ibs 9 85 10 40 200 250 Ibs 10 00 10 55 pigs medium to choice 90 130 Ibs 9 25 10 35 Cattle 8000 calves 8000 mostly steady slaughter classes steers good and choice 1300 1500 lbs 12 50 14 25 1100 1300 lbs 12 00 14 00 fed yearlings good and choice 759 950 Lbs 11 50 13 50 vealers milk fed good and choice 11 00 12 75 medium 9 00 11 00 Sheep 11900 slow lambs around 25 lower yearlings steady native lambs 13 00 13 25 top yearlings 10 60 fat ewes steady 5 00 5 50 lambs good and choice 92 lbs down 12 51 18 50 ewes medium to choice 150 lhs down 4 00 5 75

Associated Press Chicago U. S. Dept. Agric

Sugar Steady as Demand Rises Slightly in New York

Raw sugar holds steady with light offerings and higher bids. A sale of 19 000 bags Cuban due June 17 at 3.14 cents per pound unchanged from prior sale attracted additional buyers at 1-32 to 1-16 higher, while futures firmed on covering and buying by houses linked to trade and Wall Street.

Sociated Press New York Wall Street

Market Bears Dominate As Volume Slips To Near-Record Lows

New York stocks drifted lower with a light trading volume not seen since August 1928 aside from a January dip. Bears failed to spark a broad liquidation as many issues fell one point or more while some rails and industrials showed minor declines and a few gains, ending the day with about 1,650,000 shares traded.

New York Bears Supreme Court Interstate Commerce Commission Hock Smith St. Louis O'Fallon Department of Commerce U. S. Geological Survey

Red Cross Flood Relief Drive Reaches $300 Total

Ouachita parish Red Cross reports $300 raised by noon toward a $1,000 goal for flood victims across several parishes. Sam Goldman chairs the finance committee. Donations listed include Peoples Homestead, Masur Brothers, Ouachita National Bank, Monroe firms, and several local businesses.

Ouachita Parish Red Cross Red River Sam Goldman Peoples Homstead and Savings Association Masur Brothers Ouachita National Bank Monroe Furniture Co Slagle-Johnson Lbr. Co Monroe Steam Laundry Standard Office Peters Furniture Company Motor Supply Company Ouachita Flour and Feed Co Strauss and Son Ritchie Grocery Co Texas-Louisiana Carbon Co H. L. Rosenhein Popu Ufpoer Teste Keieeciss

Markets at a Glance Steady activity across commodities and livestock

Stocks heavy with Continental Baking at new 1930 low. Bonds steady in a quiet session. Foreign exchange easy as Shanghai falls near four points. Cotton weak on good weather and crop news. Sugar steady with firmer spot. Coffee down amid softer Brazilian markets. Chicago Wheat firm amid bad Canadian weather. Corn steady amid Iowa insect damage. Cattle steady and hogs steady to higher in a quiet trading day.

Shanghai Chicago Iowa

Unofficial June 3 Chicago grain outlook and stock shifts

Unofficial figures show 1930 domestic winter wheat yields higher than last month while opening prices dipped and later recovered slightly. Corn and oats advanced with firmer grain and provisions. notable stocks include American Car and Foundry, Bethlehem Steel, General Electric, and Radio Corp of America in midday trading remarks.

Associated Press Chicago Allied Chemical & Dye Ee American Can Dence AOR American Car & Foundry American & Foreign Power American Locomotive American Smelting & Ref American Sugar American Tbt American Tobacco American Woolen Anaconda Copper Baltimore & Ohio Cimmgatopton Bethlehem Steel Chrysler Cceesseescentoteren Ieee Netn DuPont de Nempskriegeinslae Senediteticiaigliess General Electric General Motors Gillette Safety Razor Iedses Ae Haven OF. S Dasectasecne Alene Hudson Motor Wee Illinois Central Tod Louisville Nashville Miami Montgomery Ward MOGOT New York Central NYNH Tae Nor & Western Siccenrneensentadee Ae Otis Steel Packard Motor Decmiigiita Eee Pan Am Petroleum Paramount Publix Peeuer One Phillips Petroleum PEGE Asatcie Chaseseasieet Radio Corp of America

Call Money And Time Loans Steady In New York Markets

Call money remained steady at 3 percent all day. Time loans showed mixed rates for 60 to 90 days and several months, with prime commercial paper at 3 to 3 1/4 percent. Industry notes include Remington Rand, Reynolds Tobacco, Seaboard Air Line, Sears Roebuck, Sinclair, Southern Pacific, Standard Oil, Texas Gulf Sulphur, Timken, Underwood Elliott Page, Western Electric, Willys Overland, Woolworth and Western Maryland among others.

New York Remington Rand Reynolds Tobacco Egre Seaboard Air Line RYE Sears Roebuck Sinclair Cons Oil Southern Pacific Southern Railway Standard Oil Standard Ongn Stone and Webster Pubranorod Bi Liwenkeeenttienny Oe Texas Corporation Texas Gulf Sulphur Timken Roller Aha Ithetigiaiaion OO Underwood Elliott Western Maryland Western Electric Willys Overland Woolworth Cent

Mrs. Hoover Leaves Wheel Chair After Injury

Mrs. Hoover has recovered from a back injury enough to discard her wheel chair. The disclosure came as President Hoover and the first lady hosted 44 distinguished guests at a state dinner for Dr. Enrique Olaya, Colombia’s president-elect, marking her first formal White House appearance in four months.

Washington

Agricultural Market Roundup in New Orleans Prices

In New Orleans farm prices show squash 15-40 cents a bushel. cucumbers 25-50 cents. Louisiana matoes $1.50-$2.00 per bushel box. beans 75 cents to $1.00 per bushel. peppers $1.25-$1.50. Louisiana corn $2.00-$2.75 per 100 cars. Texas corn $1.50-$1.85 per bushel. Potatoes $1.75-$2.75 per 100 lb sack. onions $2.50-$2.75 per sack. Cabbage $1.75-$2.50 per cwt. celery 50-75 cents per dozen bunches. Watermelons 80-90 cents per melon. cantaloupes $2.75-$3.75 per crate. Georgia peaches $3.50-$4.50 per six-basket crate. Beauty plums $2.50-$3.00 per crate. Louisiana carrot shipments include 6 cars peaches, 18 cars mixed vegetables.

Associated Press New Orleans U. S. Dept. Agric Louisiana Texas Bliss Burbanks Celery Florida Georgia California

Butter and Egg Prices Reported In Chicago June Market

Butter prices show 24 019 firmer creamery extras at 32 1 4, standards 32 1 4, extra firsts 30 1 2, firsts 28 29, seconds 26 27 1 2. Eggs steady at 20 556, prices unchanged.

Chicago

Foreign Exchange Rates Reported By AP

Foreign exchange was described as easy with listed rates for Great Britain France Italy Belgium Germany Norway Spain Greece Brazil Tokyo Shanghai Montreal and other markets. The report provides cross currency values in dollars and cents for multiple nations.

New York Great Britain France Italy Belgium Germany Norway Spain Greece Brazil Tokyo Shanghai Montreal

Senate kills Gamble resolution on state investigations

In Baton Rouge on June 3 the senate defeated the Gamble resolution to form an investigating committee into state institutions and departments by 21 to 17. Other actions included considering highway commission and penitentiary inquiry resolutions and a proposal for Huey Long to address a joint session on Louisiana’s financial problems.

Associated Press Baton Rouge Senate Louisiana Highway Commission Huson DeSoto Huey P. Long Louisiana Brooks Tensas House Hamiter Caddo Williamson Larcade St. Landry Hall Caffery St. Mary Peltier Lafourche Knott Lincoln Woods

Lions to Have Supper at Scout Camp June 10

The Ouachita Valley council invites Lions to attend a supper at Camp Ki-Ro-Li on Tuesday June 10. Lions will skip their usual Tuesday noon luncheon and meet at the camp at 5 30 that evening.

Scout Camp Ouachita Valley

Republicans in Florida Enter First Primary

Florida Republicans held their first party primary with no state office candidates. The contest focused on factional control between Glenn B. Skipper and W. J. Howey. In Democratic races, Ruth Bryan Owen sought reelection in the fourth district, opposing DeWitt T. Deen, who urged repealing the 18th Amendment. Sidney J. Catts challenged Tom A. Yon in the third district race, while Catts faces a federal counterfeiting indictment and possible retrial. State Senator Edgar Waybright pursued the Democratic Senate nomination amid Hoover support.

Jacksonville Fla Florida Herbert Hoover Glenn B. Skipper W. J. Howey Ruth Bryan Owen William Jennings Bryan Congress DeWitt T. Deen Daytona Beach Sidney J. Catts Tom A. Yon J. Harvey Bayliss Pensacola Catts Florida Party Hoover Edgar Waybright Senate

Congress Overturns Hoover Veto On Veterans Pensions

Congress voted to enact a pensions bill for Spanish American War veterans over President Hoover's veto. Senate 61 to 18, House 298 to 14, with Democrats voting against the president. Hoover objected that it paid for disabilities from "vicious habits" and lowered the service requirement.

Associated Press Washington Hoover Congress Senate House Mr. Hoover Gadsden Purchase Knutson Pensions Committee White House

Presbyterians Back Disarmament and Prohibition

Des Moines June 3. The United Presbyterian church adopted a reform committee report urging president and Congress to pursue war crime abolition through disarmament and to reaffirm faith in prohibition. F Scott McBride of the Anti-Saloon League led the committee.

Des Moines United Presbyterian Church Today General Assembly Committee On Reform Congress F. Scott McBride Anti-Saloon League

Chicago Police Round Up Hoodlums As Gang War Flares

Police moved swiftly in a large roundup after six killings over the weekend and 200 suspects, many aliens, were held for immigration scrutiny. The sweep targeted gunmen and gang members with mass patrols through the night. Two Capone gangsters were captured in a dramatic postdrive chase. The article notes Denmark butter imports totaling 771 610 pounds in 1929.

Chicago Scarface al” Capone

Hoover Supporter Wins Town Senate Nomination

In Des Moines Iowa on June 8 Congressmen L J Dickinson led Gov John Hammill for the Republican senatorial nomination by nearly two to one in Mondays primary. Hammill conceded defeat in a telegram to Dickinson congratulating him and wishing success.

Associated Press Des Moines L. J. Dickinson Hoover John Hammill Hammill Dickinson

Senate Debates Tariff Bill and Naval Treaty Session

Senate continues debate on tariff bill while foreign relations committee weighs London naval treaty in executive session. Lobby panel questions Bishop James Cannon Jr and agriculture panel hears charges against the drug division of the agriculture department. House takes up measures to ease federal court congestion as naval affairs panel resumes hearings on a Pacific coast dirigible base.

Foreign Relations Committee James Cannon Agriculture Committee

Former Sub-Chaser Caught Off U.S. Coast With Liquor Load

A former American sub-chaser seized off Virginia seven miles from Paramore Banks was tied up at the Norfolk coast guard base with 12 crewmen in custody. The vessel named Metmuzel, possibly French registered, carried about one thousand cases of bourbon. Cargo origin said to be St Pierre Miquelon with destination undetermined. master Albert Flahant denied distances.

Norfolk Virginia Coast Guard Boatgwain C. F. Garrison CG-22 Paramore Banks Garrison St. Pierre Miquelon Albert Flahant

Obituary of M. E. Fahy Former Camden Bank Cashier

Death reported in Camden Ark of M. E. Fahy 71 longtime cashier at the First National Bank of Camden born Monroe November 5 1858. He lived in Monroe until age 21 then worked on the river. He moved to Camden in 1908 starting as teller at Camden National later promoted to assistant cashier and cashier as the bank became First National.

Camden, Ark M. E. Fahy First National Bank Camsden Fahy Monroe Camden Camden National Bank Camden National

Funeral for Mrs. C. L. Duchess Held in West Monroe

Funeral services were held at 2 p.m. today at 507 Cypress street West Monroe for Mrs. C. L. Duchess 78 mother of L. M. Fife superintendent of the West Monroe school. Death occurred at 5 p.m. yesterday in Hamburg Ark. Interment was in Hasley cemetery. Surviving children include I. C. Fife Baskin Mrs. J. F. Hearold Baskin Mrs. I. Freeman Hamburg Ark L. Fife West Monroe.

Cypress Street West Monroe C.L. Duchess L. M. Fife Baskin I. Freeman Hamburg, Ark L. Fife

Remarkable 69 New and Six Old Foes Fading Slow

A cryptic line notes U. S. Dept. items 69 new and six old. It hints at slow fading foes in a historical context, including Bliss in the mix. The fragment preserves a mystery about numbers and entities referenced.

U. S. Dept

Also Mentioned on This Page

Fenner & Beane Wires R. E. Flowerree & Co Y Associated Press Claude A. Jagger Associated Press Financial Federal Reserve Weekly Auburn Ingersoll Rand Canadian Pacific Air Reduction Curtiss Wright U. S. Steel Radio Westinghouse Electric American Can McKeesport Colorado Fuel Republic Steel Amerada Johns Manville Worthington Pump Ouachita Chicago Grain Thane Stae N. C Iffm Long Gamble Anderson Barousse Delahoussaye Dore Ducros Duke Fernandez Fisher Hughes Johnson King Labbe McConnell Oser Peterman Robinson Settoon Wingate Boone Brodtmann Caine Foucher Gilbert Holcombe United States Senate Grand State Senate United States Denmark Winstown Congress Today United Press U. S Mrs. C. L. Duchess Corry-Davis Funeral Home Ambulance Service Guaranteed Investors Syndicate Tevestors Syndicate Trewe Gert the Gumps Benjamin Gump Scooge Wreery Lake and Oak Streets Carlos Uncle Bim Scooge's Safe
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