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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 07, 1927
Page
12
New Orleans June 7 Cotton traded higher for much of the session before a late drop on rain in Texas. July through December futures edged up 7 to 9 points with Oct and Dec posting solid gains, exports reaching 26,668 bales, spot prices mixed, and receipts and stocks noted.
Cairo June 7 The cotton crop condition was announced as 100 percent normal in lower middle and upper Egypt confirming even growth across regions in today’s update from agricultural authorities.
Liverpool June 7 Cotton spot quiet and prices ease with American grades falling. Sales total 6,000 bales including 4,400 American. receipts 14,000 bales, 12,900 American. Futures closed barely steady with July 8.47 and later months around 8.5.
The New York cotton market rose as official weather reports showed no major rain and flood news from the Mississippi valley. October rose to 16.63, January to 16.92, with gains of 17 to 22 points before offerings and liquidation trimmed prices. Opening quotes stood at Jan 16.76 and Mar 16.95 amid fluctuating activity.
Wheat shows a firm undertone at the start on the Chicago board of trade as corn sinks below 100 for July. Delayed seeding and drought threaten wheat acreage while Liverpool prices ease, with oats and rye mixed and corn higher later in the session.
New Orleans June 7 The cotton market moved two sided but prices stayed well above prior close. Droughts in Texas and flood fears in Arkansas and northwest Mississippi limited liquidation and supported a rally though a mid day drouth news from Brownwood eased gains. River rises and flood risks threaten replanting. further western rains could affect fundamentals.
New York June 7 strong buying support kept the market afloat after a sharp rise in brokers loans. Hours of trading saw more than two dozen new high records with rails and motors leading gains as investors pushed for higher prices. Total volume neared 2.6 million shares with several utilities and stocks hitting new highs while a few issues declined on profit taking.
Poultry alive weaker with varied car receipts for fowls and ducks and geese, roostery and springs ranges. Butter unchanged with 22 022 tubs and eggs unchanged with 34 749 cases reported in Chicago.
New York cotton seed oil closes steady with prime summer at 9.08 crude 8.00 and deferred contracts ranging from 9.98 for January to 9.84 for December. Sales reach 7,600 units in today's session.
Nashville June 7 The Southern Baptist Sunday School Board approved a 417000 denominational budget for general work and a retirement allowance for employees. A new department of administration and buildings is to be created with Dr P E Burroughes head and Dr Clay L Hodson as associate secretary.
In Lakeland near Camden a patient named Joseph Kade, 28, is described as a living dead man with dementia praecox catatonic. Doctors say six years of liquid nourishment may revive him, though his recovery could bring superhuman strength and require restraint. International News Service report.
Clarence Chamberlin and Charles Levine were made honorary citizens of Kottbus Germany after a ceremony at the Rathaus. A crowd of about 5900 cheered as the aviators received salvers and Star Spangled Banner was played. The Brandenburg governor lauded them for linking two continents and nations.
Ouachita locals report a five dollar donation to the Red Cross from Albert Britton colored of Calhoun. A Woodmen circle meeting is set for 7:30 tonight at Woodmen hall on Jackson street. The senior board of the Chamber of Commerce meets this afternoon at 4 o’clock.
Nine nurses in the St. Francis sanitarium class will receive diplomas at 7 p.m. Wednesday in the clinic building used as a Red Cross hospital during floods. The 1927 class is the largest yet, with Thelma Scott Grace Cobb Edith Faris Allyne Tarver Lorraine Conway Fay Cobb Tinny Bolling Alice Perkins and Bess Easly. Monroe physicians who aided the nurses will join in the ceremony.
Walter Burley a negro confessed slayer of Miss Martha Rees and Mrs C S Rees at Jackson Mississippi was moved to the Alabama state prison for safekeeping after mob threats and a guarded transfer from Mobile. He traveled from Luce dale to Mobile then to Montgomery under heavy guard.
Walohi group met Wednesday afternoon at the Camp Fire room with three members present. One new member, Davie Knowles, joined and Mrs. Nenny led the meeting. Guardian notes Autumn in Australia commences March 21.
M. C. McGuire brought a 5 foot 10 inch alligator to the city found on River Road near Peters place. The reptile, displaced by high water and shot in the head, was transported on the running board of his car and is now placed behind a filling station south of the McGuire apartments on Grand Street.
Col. Charles A. Lindbergh expresses high satisfaction with the U S S Memphis voyage. He plans to land at Washington on schedule to meet President Coolidge and officials, while praising the Columbia flight and noting a hearty appetite during the voyage.
Berlin reports from the Frankfurt Gazette note odd provisions in the draft Penal Code. Paradox No 54 allows a death or life sentence recipient to be deemed permanently unfit for any public post. No 67 enables courts to add voting bans for the condemned, lasting forever or two to ten years.
Forecaster Dr Karl Lewinski predicts the name XKlines will ring like a bell through time. The note mentions Cham berlin and Levine, with a cryptic reference to a town of eels and cucumbers bogged by misdirected signals.
President Coolidge plans a talk with Senator Smoot to weigh calling Congress a bit early for flood relief and flood control bills. He says no current need for a session but leaders want a head start on business, with a possible October or November start if convened.
Mat thew Kimes, a convicted murderer with bounties on his head, vanished into a wood near Pawhuska after a car chase. Deputies fired on his vehicle as he fled, then used Red Carter as a shield to force officers to pause fire. Bloodhounds failed to locate him after a three hour search.
In London West End fashion shops attract aristocratic clientele with in store cocktail bars at Bond Street dealer Lord Victor Paget’s fur and suit premises. No licenses are needed as drinks are given away and the bar doubles as part of the décor with blue and yellow room tones. Paget personally serves and shakes cocktails for select customers.
At Ostend Belgium the eighteenth annual Rotary International convention voted to admit Germany, raising member nations to 42. Speakers included Donald A. Adams Raymond J Knoeppel and Eduard Williams as sessions and group meetings proceeded with a Bruges excursion for women and a theater concert and dance planned for delegates.
Four thousand delegates attend the eleventh Kiwanis International convention in Memphis. Senator Simeon D. Fess of Ohio gave an evening citizenship address. Seattle Kansas City and Atlantic City have begun bidding for the 1928 meeting.
The 1928 Kiwanis convention features a morning address by J Randall Caton Jr of Alexandria Virginia who likens Kiwanis to the national government. Roe Fulkerson editorial writer for Kiwanis magazine is set for a noon talk on "Who is living your life?"
Clarence D. Chamberlin said he had been too busy to calculate exact mileage of the Bellanca Columbia flight from Roosevelt Field to Eisleben and Kiingen near here estimating about 4 400 miles. German air league experts put the distance at about 4 722 miles based on the route after the Irish coast. He will not claim surpassing Lindbergh until figures are confirmed.
German fliers Chamberlin and Levine reached Eisleben after weather forced a landing near Berlin. They regained air shortly, then landed near Klinge for repairs. Authorities and locals greeted them warmly as they prepared to meet President von Hindenburg and visit Berlin. Plans include visits to Vienna Rome Paris and London with further entertainments arranged by officials and the aero club.
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