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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 06, 1927
Page
8
Associated Press reports New Orleans weather dominated cash and futures in cotton. Prices eased most of the session, then rallied briefly on a Texas rain forecast, before closing lower on official rain news. Exports 21,653 bales. Spot 41 points down. Futures closed 40 to 45 points net lower.
Reports of rain in drought areas of west Texas sparked selling in the cotton market. Early declines partly recovered but slumped after detailed weather data. October slid to 16.51 with about 85 points net loss. futures closed 40 to 43 lower and spot middling at 16.35.
Reports of delayed plowing and planting sparked active buying and upturns in the corn market while wheat trends lower. Rains in the southwest and west were viewed as bearish for wheat. Openings showed mixed gains and losses across grains with corn and oats weakening later. wheat declines persisted and provisions fell.
Poultry prices steady with receipts of 5 cases fowls and various birds. Creamery dairy prices mixed with creamery extras and standard grades. overall receipts show 46,726 cases for dairy products and several firsts and seconds price levels noted for eggs and butter.
Cotton seed oil closed easy with prime summer yellow at 9.05 to 9.50 and crude at 984. Futures show January 9.84, June 9.05, July 9.21, August 9.40, September 9.43, October 9.77, November 9.74, December 9.80. Sales reached 12 400. The International Harvester Co. was found by the Supreme Court to have complied with a consent degree to restore competition in its market.
Cotton prices drifted lower in New Orleans as rains spread through southwest and northwest Texas, Arkansas, north Louisiana, and the Mississippi valley. The weather movement fueled liquidation while buying diminished, with floods forecast near Memphis and rising rivers threatening recent plantings.
Stocks rose in New York with strong shows from merger rails and coal stocks led by Pittsburgh and West Virginia groups. Trading was lighter than Friday as certain names faltered on earnings and price-cut talk, while several issues hit new highs and the market closed firm on about 2.2 million shares.
Henri Cochet and Jacques Brugnon of France won the international hard court doubles title at St. Cloud, defeating Rene LeCoste and Jean Borotra in five sets 2-6 6-2 6-0 1-6 6-4. LaCoste and Borotra had defeated Tilleon and Hunter in the semifinals. Cochet and Brugnon also hold Wimbledon doubles honors.
A memorial verse memorializes Clara Outtz Winn who died in Monroe Louisiana on June 5 1926. The poem expresses enduring sorrow and honors her as a mother sister and aunt with the family signoffs R W Outtz L Outtz KK W Long and M E Long.
Mrs Sally Hanley aged 56 died at her home 212 Haynes Avenue West Monroe after a brief illness. She is survived by three daughters Mrs W H Hamilton of Chetham Mrs T E Warren of West Monroe and Mrs A B Gregory of Monroe and three sons Lee Veasey Lyne Hanley and Perest Hanley all of West Monroe. Funeral held at the residence Sunday afternoon with Rev L T Hastings officiating burial in Riverview Burial Park.
San Diego, June 6. Search for airplane piloted by Charles Lafotte to kidnap Miss Noreen Burke after luring her and Dr. Joseph Steen on a ride at Ryan field. Lafotte told friends he would marry her or die with her. Last seen speeding east toward El Cajon valley.
On the U S S Memphis Lindbergh enjoyed a calm rest day as the Columbia passed within twelve miles of the Memphis during the New York to Europe trans Atlantic flight. He read papers attended service and relaxed on deck away from ceremonies, hoping for a glimpse of the fliers despite heavy mist.
The New Orleans weather bureau bulletin states Tallulah flood level is practically stationary with the water two feet below depot rail. Floods in the Tensas basin show falls of 0.2 to 0.6 feet while Jonesville sits at 58.4 feet above mean gulf and Old River line around 55.6 feet.
Mrs. J. L. Newcomer of 404 Apple Street is recovering well at St Francis Sanitarium. She will welcome visitors in room 314 after recently undergoing an appendectomy.
In Bucharest on June 6 Prince Barbu Stirbey organized a cabinet to succeed the Averescu government which resigned. Mihai Popovici becomes finance minister with Gregory Junian and Pan Halippa in key posts as new elections are promised for July 7 with full press liberty and removal of Averescu officials.
Airmen flight from Dortmund to Berlin ends in a forced landing near Eisleben with fuel stop. ambassador Schurman assists, officials plan care at Klinge and Kottbus as mood sags and reports of the Columbia’s position remain uncertain. Flight Pathfinder Chamberlin misled by weather while search aircraft scour the Ruhr and Magdeburg region.
Clarence D. Chamberlin and Charles A. Levine set a new long distance flight record of about 3700 miles in the Bellanca Columbia. The plane, after passing Boulogne Sur Mer, landed at Eisleben near Berlin, flight lasting 42 hours from Roosevelt Field.
Motor trouble and fuel shortage forced the trans Atlantic plane Columbia to descend at Kottbus Germany. Clarence D Chamberlain said the craft landed in mud after an attempted landing near Klinge. He and Charles planned a second leg as they awaited repairs.
Clarence Chamberlin and Charles Levine landed the Columbia near Klinge after a 42 hour flight from Roosevelt Field. The propeller was broken, they briefed Berlin crowds, and officials planned to fly them to Berlin once repairs or another Lufthansa plane were ready. They expressed disappointment at missing Tempelhofer field but planned final approach by air.
A plane 260 miles from Berlin repeated Berlin questions before landing near Eisleben after diversion. Diplomat Schurman traveled in warm gear to Eisleben while the Columbia’s flight, once off Roosevelt Field, remained secretive with fuel enough for about 48 hours, sparking Rome or European leg speculation.
In New Orleans two men died by drowning. Warren T. Newcomb, an insurance man, lost control of a car on a canal road after hitting loose gravel and the vehicle overturned and sank. His fiancé Miss Vera Campbell and Miss Garland Montgomery escaped by swimming to shore. George W. Jackson Jr., 18, drowned when a canoe capsized in Audubon Park Lake. a companion reached shore, assuming Jackson was following.
A major Montgomery blaze Saturday caused heavy damage in the wholesale district. The Planters Hotel, site of early Confederate government offices in 1861, was destroyed as several historic buildings faced threat before firefighters contained the flames on Sunday.
Property damage from pumping water from building basements is estimated between 2.5 and 3 million dollars. Damages affect multiple structures and require extensive cleanup and repairs. Local officials assess costs and coordinate with insurers for restoration efforts.
In Brooklyn, Mrs. Chamberlin and Mrs. Levine expressed pride and relief as their husbands, airmen aboard the Columbia, completed the Atlantic flight. The families stayed up all night awaiting updates while officials and friends, including former Senator Charles C. Lockwood, followed progress and anticipated receptions in Europe and on return.
Crowds gather in Denison as Clarence Chamberlin nears his goal. Fire whistles horns and celebratory blasts fill the streets while the chamber of commerce American Legion and Kiwanis plan a citywide celebration led by Mayor N I Hunt and Sheriff Green with the lid off.
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