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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 06, 1928
Page
3
Market summary shows cotton contracts easing with December down 0.83, midmids at 20.32 and 20.73 for good middling. Receipts rise to 3,200 and stock at 294,888 as rains disrupt yields and traders weigh a bearish forecast issued yesterday. Futures close easier across major months with mild late buying but overall soft trend.
New York June 6. Prospects for milder southern weather and favorable crop reports push cotton futures lower after early losses and ensuing midday rallies. By session end futures closed barely steady with declines. spot market quiet and middling cotton around 20.85.
New Orleans June 6. The cotton market traded reactionary under pressure from liquidation after forecasts of fair to warm weather. A weak weekly review and a small weevil report underestimated by traders spurred selling, with the heaviest liquidation before close as traders expect more good weather to continue dragging prices down.
Liverpool reports quiet cotton trading with steady prices across grades. American futures close steady with July at 11.04 and December at 10.92, receipts show 16 000 bales including 4 000 American from 5 000 bales traded. Future values listed for several months.
The funeral of Mrs J H McCaleb, who died suddenly early yesterday, was conducted at 2:30 PM from Foster McCaleb’s residence in Highena. Members of Grace Church attended to pay tribute to the late layward pastor, and the interment followed.
Stock market showed shifts in sentiment with a morning rise followed by a dip from 3 to nearly 6 points. Allied Chemical American Linseed and Advance Rumley led gains while airplane stocks faced selling pressure and a few pool favorites fell.
Persistent dry weather in the American northwest spurs early gains in Chicago grain. Wheat, corn, oats and provisions all advance with mixed closes and varied nearby prices across No 2 red, No 2 mixed, and No 2 white contracts amid unsettled finishing values.
Hogs 20 080 head active mostly higher with top paid 20 30 for choice 200 260 pounds and heavier, cattle 9 000 with larvae steers and yearlings firm to higher, best heavy steers near 14 70, slaughter class cattle 18 25 14 85, sheep 13 000 with lambs steady to 25 lower on quality, good and choice lambs 17 85 19 10, mediums 16 25 17 85.
Chicago June 6 butter prices show lower receipts at 426 tubs for creamery extras 47 cents, standards 42.8 cents, extra firsts around 40.1 to 40.2 cents. Prices reflect market shifts in dairy commodities.
Buffalo Niagara & Eastern Power corporation reports 1927 output making it the leading hydro electric power producer in the United States. Plants on the Niagara river and other rivers serve over 500000 homes and 2.5 million people across a 300 by 100 mile area in upstate New York.
Associated Press reports cotton seed oil closed steady in New Orleans with Prime summer yellow at 9.70 and several futures levels listed including 8.62 for prime crude and 10.05 for December. New York market shows similar steady pricing with early June quotes and sales totaling 25 700.
Call money in New York eased with high 61 1/2 and a low near 60 1/2. Ruling rate remained 61 1/2 with closing bid at 61 1/2. Time loans firm with mixed collateral 60-90 days at 51 2, 4-8 at 61 1/2 5 3/8. Prima Mercantile Paper quoted 41 1/2 4 3/4 and bankers accepts unchanged.
New York June 6. Liberty bonds close with Liberty 81 25 at 100.8 and Liberty 1st 41 45 at 101.10. Liberty 3rd 41 48 at 1001, Liberty 4th 41 43 at 101.27. Treasury 41 48 at 113.9 and Treasury 4s at 108.18.
Poultry firm receipts at Chicago include 2 cars of fowls 24 springs 40 leghorn springs 31 broilers 27 81 spring broilers 80 geese 14. The brief market note lists quantities for various poultry types as of June 6.
Rev. William A. Guerry bishop of the South Carolina diocese was resting quietly in a Charleston hospital after being shot by Rev. J. H. Woodward who then shot himself. An operation removed a pistol bullet. Woodward, once tied to the diocese, died as an inquest was planned.
Dr Frank O Kreager of the extension department spoke at the Kiwanis noon luncheon on work and civilization advances. He stressed training for specialized work while Miss Kate Boyce sang with piano accompaniment by Mrs F C Holden. Next week the club plans a Camp Ki Ro Li luncheon with members and wives departing at 6 30 pm Wednesday to join Boy Scouts.
Ervin Bass, negro, was turned over to the sheriff by Capt. E. B. Clower and Sergt. F. S. Pettit to be lodged in the parish jail. He is charged with passing worthless checks for the claim of F. S. McVay. Bass is employed by the Missouri Pacific railroad at Collinston.
Eugene B. Scales, who arrived from New Orleans with 28 cents and a $200 ring, built an $8 million fortune on the cotton exchange before dying of heart disease at 70. News from New York reports his wealth has largely vanished.
Two election inspectors at a downtown Miami precinct collapsed at noon from the strain of the all night labor over the Democratic primary vote. They were taken home by ambulances and relief was provided to others of the polling staff to prevent further collapses.
Street Commissioner George Burnitt of Marietta Oklahoma dedicates himself to a spotless town. He works daily with broom and dump cart, pays his assistant, and donates his pay to charity. Burnitt also wears a diamond ring and craftsman rings while sweeping.
A forthcoming Children’s Bureau report notes Louisiana expanded its maternity and infancy programs last fiscal year. Special flood area work was added to the state program, with a decentralized parish health unit system led by parish health officers under the federal act now in cooperation with 45 states and Hawaii.
Tokyo reports indicate Marshal Chang Tso Lin is dead despite initial official hesitation. A Mukden dispatch notes advisers shifting from denial and hints he died from injuries after a Monday bombing. Family members and others are being contacted as proceedings continue.
Mrs Floyd Elkine aged 88 who tried to take her life with a revolver last Saturday night at her West Monroe home on Cotton Street is improving daily at St Francis sanitarium. Initial condition was precarious, but complete recovery is expected.
A transit stop notice states a waiting room at 208 South Grand and provides a telephone contact 772 for information. The brief mentions accessibility or service details without further context.
Parish nurses paid partly from maternit y funds worked in the flooded area during May and June providing general health instruction feeding guidance at clinics inspecting infants and children and teaching midwives. Physicians held 210 child health conferences aiding 6 600 infants and preschoolers and 88 expectant mothers at 16 prenatal sessions. Dentists offered 80 conferences giving dental advice to over 4 300 children. Infant and maternal mortality trends are improving though Louisiana birth data are limited. infant rate fell from 93.6 in 1924 to 73.8 in 1926 and maternal rate from 10.3 to 9.4 per 1000 live births.
Charles Carter-Worthington aged 78, former associate editor of the Tampa Daily Times, died at his son J E Worthington’s Lake Wales home after a period of ill health. He had voted in yesterday’s state Democratic primary.
Jo is identified in the Wa Leste Snyde ward context with uncertain details. The fragment mentions a person named Jo and a ward designation, suggesting a local notice or social record. Further readable facts are limited in the OCR snippet.
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