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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 08, 1929
Page
6
The cotton market rose briefly on private rain hopes but official maps showed only scattered showers. Prices recovered from lows then slipped, with December dropping to 18.77 and March through October futures ending mostly steady or modestly lower.
Prices in the cotton market drifted with a lighter demand signal as weather prospects brighten in Arkansas and the Mississippi Valley. October futures dropped from 18.93 to 18.76 while the overall market closed barely steady, net 1 point higher to 2 points lower.
New Orleans reports a strong short session with higher prices as rains forecast for the Mississippi valley and eastern states spur covering and buying. Private reports of weevil invasion, expected favorable weekly weather, and an anticipated cautious textile institute report shape sentiment, with prices likely to rise if Sunday rains occur.
Chicago June 8 US hog prices were steady to 100 lower with top around 11.16 for near 200 lb animals. Better grades of 160-270 lb hogs ranged 10.75 to 11.15. Cattle and calves totals near 200 each with fed steers and yearlings up to 250. vealers 1.00 to 1.50 higher. Sheep 4,000 with lambs up 25 to 50 in weekly gains. fat lambs 16.65, yearlings 11.75 to 12.25, ewes 6.00 to 7.00.
Chicago June 8. Poultry alive steady with receipts 3 cars. Fowls 28 80, broilers 36 40, roosters 20, turkeys 22 230, ducks 20, spring ducks 28, geese 15, spring geese 25.
The Associated Press reports Chicago market figures with batter unchanged at 21949 tubs. Egg receipts fall to 33993 cases with categories including extra firsts 50, firsts 29 291 2, ordinary firsts 27 281 2, storage firsts 803 4, and storage packed 811 4.
The market showed no definite trend with irregular moves and light public interest. Oil shares rose on Colorado Springs conference expectations, while American Locomotive hit a 1925 high on a $14 million engine order, and Adams Express jumped after large early losses as overall volume reached about 1.1 million shares.
In Topeka on June 8, share activity of the Atchison Topeka and Santa Fe railway rose to record levels after the Supreme Court decision in the O Fallon valuation case. W B Storey, president, forecasts higher first half 1929 revenues and notes improved net operating income versus last year. The Trans continental Air Transport air rail service this summer highlights Santa Fe's role in air transport development.
In New Orleans on June 8 cotton seed oil closed steady with primed summer yellow at 875 and crude at 800 to 812. Prices for futures ranged from January 910 to December 205 with other months showing steady activity.
Commissioner Starbuck announced the radio commission will not encourage establishing new broadcasting stations. He reasoned that new stations do not improve reception and instead worsen interference and shrink service areas of existing stations.
Fully 100 guests will join a Stovall Co barge voyage from Pine street at 5 PM up the river to Pine Top for a barbecue. Bar ney Oakland serves as master of ceremonies.
Chief Justice Taft, who was admitted for a few days rest and minor treatment, expects discharge in time to leave next week for his summer home at Murray Bay Canada.
The roster of the Sigma Sigma honorary society at the city high school yesterday omitted Mildred Cobb due to a typographical error. She was added last night at the commencement for her excellent scholarship and earned membership in the honorary society.
Newark Bears owner and manager Tris Speaker steered his club from a slow start to a solid climb in the International League standings as of June 8. The team showed improved form under Speaker, moving toward the upper portion of the table.
Advices from San Geronimo Oaxaca say Peruvian fliers Pinillos and Zegarra left that city shortly before noon for Guatemala City. The men are on a flight from Washington to Lima.
In Alma Arkansas on June 8 two people died and two were critically ill after consuming toadstools mistaken for mushrooms. R T Flanagan 75 and his two year old granddaughter died within hours. Flanagan's daughter Flossie and another granddaughter Rosa Rice were stricken. The family resided on a local farm.
In the senate on Tuesday Senator Nye of North Dakota declared he would remain in session all summer if needed to secure a vote on his bill to repeal the national origins clause of the immigration act.
Maxwell McClelland Barnett, class of 1929, Baton Rouge High School, named Louisiana representative for the Thomas A. Edison scholarship contest. Chosen by T. H. Harris for science record, he will compete in East Orange, New Jersey, in August.
F B Baggett 21, jailed nine months for hijacking despite jury mercy recommendation. Co defendants Vanderford 31 faces no mercy. motion for new trial pending. Albert Holland convicted of carnal knowledge of a girl 12 to 18, nine months, appeal filed with $2000 bond. Buster Mason 18, six months for embezzling a $75 auto. Julius Johnson, negro, nine months for attempting to obtain money via bogus check. Charlie Brown pleads guilty to illegal possession, 60 days plus $250 fine or four months more.
Edwin Mc Clure of Shreveport eliminated Hamp Blanchard 8 and 7 to reach the state golf meet semi finals in Shreveport. Fred Lamprecht of New Orleans, twice champion, defeated James Mc Clure one up to advance.
More than 450 youths from Christian Endeavor societies across the state gather in Baton Rouge for the 35th annual Louisiana union convention. Dr. H. H. Thompson of the First Presbyterian Church welcomes delegates as sessions run through Monday with group conferences and discussions. Shreveport leads in attendance with 52 delegates.
A bed smoking fire last night destroyed a Delta Street house worth about 300 and damaged a neighboring home. The loss totaled around 2460 with 150 on furnishings. The 1:51 a.m. blaze left residents Rocco Monocco Nick and Sam Perino. Tony Casanico also faced about 50 in exposure damage.
Sheriff Milton Coverdale reports two men Robert Coleman aged 56 and Chester Dykes aged 24 were arrested at a Sixth street rooming house after a night of failed entries at stores in the parish. Police found burglar tools and keys on Coleman. Dykes faces possible state charges as a suspicious character. Police described their movements through West Monroe Calhoun and Monroe, with attempts at Mitchell’s and the Leader stores.
In New York a paymaster named Americo Phillippone was wounded in the arm but fought off four bandits in a gun duel to protect a $2,000 payroll for laborers at a sewer site on 170th Street and Riverside Drive. His companion Joseph Schiele was present as two attackers fired repeatedly before the sedan fled.
United States attorney Grady Reynolds of the Middle District of Alabama asks critics to provide a bill of particulars detailing his failure to prosecute prohibition cases. Targeted are George H. Thigpen insurance commissioner Mrs. J W Reinhardt and Mrs Mary T Jeffries of Birmingham allied with the Women’s Christian Temperance Union. A reapportionment review is paused pending an USA investigation into alleged prosecutorial dereliction.
Washington June The senate commerce committee is urged to investigate plans and constitutional work for the Mississippi flood control program authorized last year. Senator Hawes Democrat Missouri introduces a resolution to resolve disputes over land owner compensation and to suspend construction in disputed areas. No action was taken on the resolution. Mississippi valley lawmakers have urged Hoover to delay contract letting while the attorney general reviews the act.
The Baltimore and Ohio railroad applied to the Interstate Commerce Commission for permission to acquire control of the Buffalo Rochester and Pittsburgh railroad.
Deputies aided by guards from the parish road camp pursued three fugitives who fled into the woods along the Rayville road about eight to ten miles from Monroe. Two women admitted aiding the men by providing clothing to discard prisoner overalls and pointing to the burnt remains of their gear. The group, including Darby and the Browns with possible Barbey, were battered during the frantic escape as they abandoned a seized parish road truck. J H Brown, father of the two sons, was seen nearby. he lives six miles from Monroe on the Calhoun road.
May loading and receipts on Missouri Pacific lines rose versus last year despite weather. Local May loadings reached 92 944 with 45 385 connection receipts. five month totals up 2 302 cars, and connections up 14 912 loads. Gulf Coast and International Great Northern also show mixed gains and declines across regions.
An expedition from the Smithsonian Institution will study fossil beds in New Mexico dating 150 million years. Led by Dr Charles W Gilmore, the team will analyze dinosaur, giant turtle and reptile remains found by geologists. goals include dating plant life and tracing evolutionary links. The fieldwork runs 40 miles north of Gallup toward the Navajo Reservation and ends in August.
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