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Monroe News Star in Monroe, Louisiana

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Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Jun 06, 1929

Page

14

Cotton futures rally aided by wheat outlook and farm bill

In New Orleans on June 6 the cotton market rose over 1 dollar a bale amid Western and Wall Street buying tied to wheat gains and expected farm relief legislation. Prices closed steady with modest gains after early declines, with October and December futures higher than the day’s lows. Exports reached 2,376 bales.

Associated Press New Orleans Good Western Wall Street Hich Low Close P. Close Jen

Cotton Futures Edge Higher Amid Light Trading

Early declines in response to Liverpool cables gave way to advances in cotton as unsettled weather and more rain in the western belt kept traders cautious. The mid afternoon market was quiet but up about 15 to 22 points with specific futures showing gains in Jan Mar July Oct and Dec contracts.

New York Liverpool

Farm relief expectations lift cotton market amid weather worries

The New Orleans market reports favorable to cotton prices as Western belt drought and Texas Oklahoma damage reports boost buying despite Hoover's farm relief remarks. Analysts note a temporary slip after the message but overall sentiment stays bullish with short interest and potential further gains as dry weather is sought in the West and Mississippi Valley.

New Orleans Texas Oklahoma Hoover Congress Mississippi

Chicago Livestock Prices Report June 6

Hogs 25 000, up to 10c higher, top 13.00. bulk 160-250 lb 10.60 11.00. Cattle 8 000, calves 4 000, firm to higher. Steers 950-1100 lbs 13.75 15.25. fed yearlings 750-950 lbs 13.50. vealers milk fed 12.50 15.25. Sheep 11 000, lambs 92 lbs down 16.5 13.60, ewes 5.75 7.00. feeders 12.50.

Chicago

Sugar Sugar By Associated Press Market Report

Raw sugar showed firmer trades with holders seeking small advances. Spot duty paid quoted at 3.46 with a steady forenoon and a two to three point midday rise on renewed covering and buying by trade houses. Refined market unchanged at 5.00 for fine granulated.

New York

Stocks edge higher as rails lead broad advance

New York stocks moved upward with leadership in food, railroad equipment, and rail shares. Erie and Chesapeake hit new highs, Pere Marquette and Union Pacific rose, Industrial Rayon jumped to 923, and other rails and low priced issues gained. Volume was about 3.2 million shares as market closed strong.

Stanley W. Prenosil Associated Press New York Erie Common Chesapeake Corporation Pere Marquette Atchison Union Pacific New York Central Commonwealth Power Baldwin Locomotive Bayuk Cigars Purity Baking Frank G. Shattuck Curtiss Marlin Rockwell Timeen Boller Bearing Air Preduction Tidewater Associated First Preferred van Sweringen Alleghany Corporation Erie Cnesapeeke Corporation Gidden Freeport Texas Tidewater

Wheat and grain prices fall in early Chicago trading

Foreign selling and lower Liverpool quotations pushed Chicago wheat values down at the opening. Wheat then recovered toward yesterday's finish but edged lower again while corn oats and provisions weakened.

Chicago Liverpool

Cottonseed Oil Prices Close Firm In New Orleans

The Associated Press reports cottonseed oil closing firm in New Orleans with fresh quotes across multiple futures. Prime summer yellow at 8.70, crude 7.87 12, Jan 8.95, June 8.75, July 8.87, Aug 8.85, Sept 9.05, Oct 9.08, Nov 8.75, Dec 8.75.

New Orleans New York Jananaes Isn Soe Det Im. Meray

Closing Stocks In A Turbulent Market Watch List

The list shows a broad mix of industrials and consumer goods names with varied movements. Am Can Am Car & Fdy Am Loco Am Sug Am Tob B Armour Gt Northern Pf and United Metals indicate notable activity among primary producers and rail-linked firms. Tech and auto suppliers like Chrysler General Motors and Ford names appear alongside energy majors including Anaconda Gulf Oil and Houston Oil. The breadth suggests cautious trading with intermittent gains and losses across sectors.

Chem & Dye G. F Armour Beth St Ches & Chio Chic M St P & Pas Chic & N West RI & Pac Chie & Alton Chie Gt West Chrysler Colorado Fuel du Pont de Nem Fleischmann Free Harvester Ceca Goa Tel Ae Roth Eins Kennecott Tee Deseinen Marland Oil Cccteeredewaees Mente Weedenesenmiee St Lo Nash Motors Usssunenemens Nat P & L Comteed Ceteceeceeent NH & Htd Norfolk& West Annectanenniies Amcpigrr Bostnekn Et Catetemetectataetiee Rcee Pennaylvanie Cnn Cloncteene McA Seetenteripetleen Seth Rama Oni Sooeiniecigreeineceaial Ir & St Reynolds Tob St L & San Fran Seaboard Air Line Sears Roebuck Sinclair den Oil Southern Pac Southern Ry St Oil Cal Eeeeeeeedinettna St Oil NY Studehake Nccqeneeeresiees Texas Corp Tex Gulf Sul Tex Pace Ld Union Carbide Union Pac US Steel West Maryland Westingh Willys Overland

Police chiefs map future plans at 36th conference

About 1,000 officers attended the International Association of Chiefs of Police session in Atlanta to hear talks on traffic, crime heredity, women in policing and centralized control proposals. Chief Philip T. Bell of Kearny was expected to become president as bids for next convention city were reviewed. T Hicks Fort urged public trust through schools and churches.

Atlanta International Association of Chiefs of Police Philip T. Bell Kearny N. J James L. Beavers T. Hicks Fort Columbus

Night Club Proprietor Wins Return of Seized Cash

New Orleans June 6 Willis C. Thomas owner of the Tran ehina night club in Jefferson parish won a judgment restoring to him 4810.69 seized by the state militia in a raid. His counsel said 7000 was seized while militia officers testified they took 4810.60. An appeal may be filed by militia.

New Orleans Willis C. Thomas Tranehina Jefferson Parish Thomas

Rotarians Hear Bayliss Talk on Louisiana Trade Plan

Roger White of Louisville Cooperage admitted as baby Rotarian at Hotel Virginia luncheon. Herbert Bayliss, president of the Louisiana state chamber of commerce, spoke on plans to run a Louisiana train to the extreme Pacific Northwest next month to promote Louisiana products. E F Hayward reported on the Dallas national Rotarians convention.

Roger White Louisville Cooperage Company Virginia Herbert Bayliss Lousiana State Chamber of Commerce Louisiana Pacific Northwest E. F. Hayward Dallas

Carbon Black courses and lava flow threaten village

The narrative describes lava surrounding dwellings with walls bulging and houses disappearing into a river of fiery rock. Observers claim flow speeds up to 1500 feet per hour while authorities block sightseers and keep roads clear for evacuees, with rail service halted before Bos cotrecase.

Boscotrecase

Haspel resigns as Orleans levee board president

New Orleans June 6 Joseph Haspel president of the Orleans levee board resigned by letter to Governor Huey P Long citing business affairs requiring full time. The brief note says resignation is effective at once and thanks the governor for past courtesies.

New Orleans Joseph Haspel Orleans

Poultry Market Report From Chicago Trade Desk

Chicago reports a weak poultry market with receipts of 3 cars. Fowls bring 28 to 29 cents, broilers 36 to 40 cents, roosters 20 cents, turkeys 22 to 20 cents, ducks 18 to 23 cents, spring ducks 28 cents, geese 15 cents, and no sales noted for Woolworth Yellow Truck GM and NR R a Curb Stocks 394. No sales recorded for United Carbon.

Chicago Broilers Roosters

U S Liquor Ring Raids Result in Multiple Arrests

Agents seized pent up liquor including champagne strawberry brandy sherry and assorted liquors and arrested a fifth man Robert McCormick Later raids at M A Gantz Co 3 East 28th street a claimed clearing house for orders of fine imported French wines ended with no liquor found but Gantz and Pierre Fressman arrested Calhoun said all arrestees would be prosecuted for conspiracy under the Jones law.

Robert McCormick M. A. Gantz Co East 28Th Street Gantz Pierre Fressman Calhoun

Prisoners' Sentences Set in Magnolia Case

Three inmates faced charges with 60 days in jail and 500 dollar fines plus four months extra if fines were unpaid. Carby totals reach 12 months if unable to pay. Richard Brown faces 14 months plus four months if fines paid. B V Brown serves concurrently with 60 days and 500 dollars plus four months for default. J H Brown, father of two escapees, released at Magnolia on request after an earlier arrest for an unserved sentence.

Carby Richard Brown B. V. Brown J. H. Brown Magnolia Miss Brown

Saint Francis annex opens with public tour and nursing program

The newly enlarged Saint Francis sanitarium hosts a public inspection from 4 to 9 30 pm to mark the annex opening. Tonight's events include graduation exercises for this year's student nurses with a formal program followed by a dance in the annex auditorium.

Saint Francis St. Francis Sanitarium

Clarkson College dismisses two professors amid student protest

In Potsdam New York June 6 Clarkson College of Technology dismissed Prof Lynn L Merrill after nine years and Prof George B Lobdell after 13 years for insubordination. Prof Crockerry resigned over perceived unfair treatment and secretary Flora Laidler also quit. President Rowe supported the action following student demand and self government controversy. Mass meeting drew nearly all undergraduates in protest.

Potsdam N. Y Clarkson College of Technology Board of Trustees Lynn L. Merrill Clarkson George B. Lobdell Crockerry Flora Laidler Joseph Eugene Rowe Merrill Lobdell Rowe William and Mary College

Thieves Enter Jitney Jungle Warehouse on DeSiard Street

The Jitney Jungle warehouse on DeSiard street near Congo intersection was broken into last night. A hundred pound sack of sugar and an electric fan were stolen. Entry appeared via a window after a key broke off in the door. Police found only the sugar and fan missing.

DeSiard Street Congo

House rescinds action on census bill amendment

The House adopted an amendment to the census bill striking provisions that would prohibit counting aliens and disenfranchised citizens in the census. This change affects reapportionment of House members.

House Washington

Tragic Death Of Winnetka Juvenile Investigator

John M. Dickinson, 12, grandson of former Secretary of War Jacob M. Dickinson, was found hanged in a clothes closet at his Winnetka home. He reportedly tied a belt to a hook and looped it around his neck during a boyish experiment after reading detective tales.

John M. Dickinson Jacob M. Dickinson Winnetka

Miss Anna Weinstock Leads Strike Resolution in Elizabethton

Miss Anna Weinstock of the department of labor organized striking forces at Elizabethton mills Tennessee. She persuaded about 2000 factory workers to return to work after receiving federal orders a few days earlier.

Anna Weinstock Department of Labor Elizabethton Tenn Miss Weinstock

Pipeline worker pleads guilty to forging two checks

Bert Rector, a pipeline worker, pleaded guilty in district court to forgery and was sentenced to 16 to 24 months in the state penitentiary. He forged the name of F L Stovall on two checks for 15 and 16 dollars, cashing both. One charge was dropped as he pled to the other.

Bert Rector Rector F. L. Stovall Casling

Butter and Eggs Prices Reported by AP

Butter receipts unchanged at 11 405 pounds while eggs rise with 19 016 cases reported. Extra firsts at 30 30 1 2, first 31, storage packed extras 31 1 2.

Associated Press Chicago

Miss Marvel Crosson Breaks Altitude Record

San Diego woman Miss Marvel Crosson unofficially raised the women’s altitude record to 24 000 feet in a cabin monoplane over Los Angeles California as her barograph confirmed the feat.

Los Angeles Cal Marvel Crosson San Diego

J Johnson Found Guilty of Passing Bogus Check

Julius Johnson a barber shop porter was found guilty by a five man district court jury of attempting to obtain 18.60 from Hunt and Whitaker with a false check. The jury foreman was Guy P Stubbs and members included I S Rogers William Bynum S B Hunt and J F Otwell. The verdict followed brief deliberation after the state presented the case and the two checks shown in court were nearly identical.

Julius Johnson Hunt & Whitaker Guy P. Stubbs Foreman I. S. Rogers William Bynum B. Hunt J. F. Otwell Johnson L. V. Tarver

Two Planes Planned for Europe Flight from Old Orchard

Old Orchard Maine reports a possible dawn take-off of two planes named Green Flash and Yellow Bird bound for Europe. Weather outlook received is the most favorable since their arrival two weeks ago.

Old Orchard Maine Europe

Kiwanis Discuss West Monroe Playground Needs

West Monroe Kiwanis members debated playground facilities and future improvements. A committee of Fred Thatcher S Eby and Prof J M Rainboldt was tasked with planning civic improvements. Musical numbers and a luncheon at Hines Brothers cafe marked the meeting.

West Monroe Fred Thatcher S. Eby J. M. Rainboldt Hines Broth Cafe

Revival Services at Lock Arbor Church Begin June 7

Revival services to start at night June 7 at Lock Arbor church led by evangelist Rev Clyde He with A Smith Bastrop in charge of music. Public in Swa Collinston and nearby towns invited to attend nightly services. Pastor Rev C Searcy expects broad attendance across denominations.

Lock Arbor Tist Church Clyde He Evangelist A. Smith Bastrop Swa Collinston C Searcy

Also Mentioned on This Page

Fenner & Beane Wires R. E. Flowers & Co Corry-Davis Funeral Home Ambulance Service Chicago Grain Ty Associated Press Convention City Ass’n Bayliss State C. OF Northwest Haspel Levee Board Poultry Fey Associated Press Woolworth United Carbon Catherine Cassler William Lindstrom Cameola Soutar Hebon Ind Jitney Jungle Company J Ves J. Johnson West Monrg Reviva Lock Arbor Church EVIVA W. J Sound Financia Bernhardt DeSiard North Seco Pyche News-Star Publishing Co Jack Boyer Mgr Monroe, Louisiana Tom Carr The Chicago Tribune
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