10 Jun 1927
Page 1
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This newspaper page contains 28 articles. Subscribers can read the full text of each article.
Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 10, 1927
Page
1
Cotton futures eased from intraday highs as liquidations by recent buyers dragged prices 21 to 28 points below highs. Exports reached 93,319 bales for the week while the mid afternoon market sat quiet, with July to December futures showing slight declines.
New York cotton closes steady to barely lower as October futures slip from 17.45 to 17.21 amid selling pressure. Spot cotton remains steady with low middling 14.87, middling 16.67, good middling 17.62 and receipts 4,277. Market shows 3,279 sales and mixed intraday moves. opening quotes linger near the season high range.
Chicago grain markets saw a broad rally led by wheat after the government crop report, with big buying and later profit taking. Corn fluctuated from gains to losses, oats firmed, and provisions advanced, as prices closed mixed with corn and oats lower and wheat unsettled.
Butter Eggs Poultry CHICAGO June 10 unsettled poultry alive receipts four cars listed fowls prices 15 19 springs 24 29 broilers 21 turkeys 23 roosters 18 ducks 23 25 geese 22 25.
Associated Press reports on June 10 that cotton seed oil closed firmer with quotes across the curve. Prime summer yellow listed at 9.25 to 9.50, crude at 9.00, and other months ranging from 10.14 for January to 12.12 for December with 22,200 sales.
Bank at Mobile is shut by order of the board of directors after a run this morning. Steward Brooks, president, said the state superintendent of banks was en route and officials believed a plan for continuing the bank’s business would be arranged with state officials.
The Littlefield's Crusaders of South-Wide fame play tonight at the Virginia Hotel Roof Garden from 9 p m to 1 a m for the home-coming dance. Future Friday nights will feature the script dances with the Crusaders and other orchestras alternating.
Confused price moves marked the session with a morning selloff and afternoon recovery as investors adjusted speculative accounts ahead of the weekend. Call money touched 4 1 4 percent, U S Steel orders fell 405 191 tons yet the stock held steady. Rails weakened on Baltimore and Ohio financing news at 107 1 2, rights valued at 2 65, Seaboard rallied, and several issues posted gains while overall volume reached 2 109 000 shares.
At a June meeting the village mayor and board discuss selling the Columbia waterworks to Power & Light Monroe to buy the plant operate an ice factory and relocate services. An election will determine whether the plant is sold and the sale terms are to be set at a special meeting next Tuesday.
The Gadsden city council dismissed Police Chief G A Fink after a finding of indiscretion with a girl he employed to trap bootleggers. Captain L O Bannon was named to succeed him as ten aldermen declared public opinion too hostile to allow his continued service.
The Hotel Virginia roof garden debuts tonight with Littlefield's Crusaders providing entertainment from 8 pm to 1 am as summer dances begin weekly. The space offers near full perimeter viewing, new lighting, and a din ing service to start Sunday with concerts. Regular Friday nights and Sunday dining plus shows are planned with no cover charge.
Prof. W. B. Bailey former Yale man who lived as a tramp for three summers and ran a hobos lodging house says American housewives make it easy for hobos. He told Rotary club listeners in New Britain Connecticut that a tramp can earn 12 to 15 dollars daily.
Delegates from Mississippi river states met with President Coolidge at the White House after a Chicago flood conference. The president signaled plans to convene a new session once War Department preliminary flood region investigations are complete. The group urged immediate relief and early flood control legislation and presented John Barton Payne with a Red Cross commendation for its flood work.
The aviator arrives in Washington aboard a Memphis with 90 military planes and many civilians escorting. President Coolidge and officials welcome him at the navy yard while Virginia’s reception is skipped per the president’s wishes. Governor Byrd and residents will view from boats.
German swimmers travel to London to race June 16 against Lyne Swimming Club. Notable entrants include Erich Erich, holder of a world stroke record, and Otto Corde, European backstroke record holder, aiming to challenge for top honors in a series of races.
The New Orleans weather bureau reports flood levels in the Fensis basin have fallen 0.2 to 4 feet in 24 hours with the Jonesville surface at 57.1 feet, a 7.3 foot drop since May 16. In Atchafalaya basins the flood recedes slowly, Morgan City at 9.7 feet rising 1 foot, while areas along the Red Cross Morganza line sit 33 to 34 feet above mean gulf level. The report notes minor rises near Morgan City and potential southward movement of the flood crest unless rains increase.
Paul R. Boston rose from a city high school graduate and telephone operator to a firm member. His exchange seat fetched a high record price of 220000 dollars, reflecting rapid ascent in the financial market.
Mrs Evangeline Lindbergh mother of the famous flier, was met in Baltimore after her rail journey from Detroit and will be driven to Washington this afternoon in a White House car. She will stay with Mr and Mrs Coolidge at the temporary White House on DuPont Circle. The president will send an aide to Baltimore to meet her after she left the train.
Fragmented report notes various golf and amateur championships and a Texas baseball connection. Mentions Tyler Lybrand and Sun pitching staff with vague references to Virginia Beach Trenton and Connecticut leagues. Content is garbled with numerous incomplete names and phrases.
Pittsburgh June 10 British Ryder Cup players study Oakmont for the United States Open champions eve. Ted Ray calls the course marvelous and the British team sights a powerful drive with few rounds completed. Bobby Jones and Gene Sarazen expected Friday. exhibition matches slated with Cruickshank and Arimsur at Washington.
The Coast guard destroyer took aboard film of Charles Lindbergh and a mail bag bound for New York as Washington prepared for one of its greatest welcome ceremonies for the New York to Paris aviator. Mrs Evangeline Lindbergh travels from Detroit to join Col Lindbergh as guests of the Coolidges at the White House. A large air show and naval convoy are en route to meet the Memphis near Virginia Capes.
Secretary Hoover announced $1.5 million in Farm Credit loans to Louisiana farmers to restore waterlogged lands. A reconstruction commission will report from parish sub committees to local bankers, with loan security based on farming capacity. In St Mary parish 35,000 acres were flooded and 9,000 people affected. beans and vegetables may replace cane cropping temporarily. Immediate needs include seeds, food, shelter, livestock, and credit to reestablish farms.
A prominent political figure dies after a long career spanning the United States and Europe. The obituary notes the loss of the candidate who concluded a life with public service and international involvement following the death of her first husband.
In 1873 Mrs. Martin met Mr. Martin at Old St James Hall and they married. He died in 1897. She funded Anglo American friendship, helped acquire Sulgrave Manor for the British Sulgrave institution, and donated 1922 relics valued above $80,000. She edited Humanitarian Magazine with her daughter Zula Maud Woodhull and authored several works on government and society. She promoted women’s electoral rights and backed a 1914 prize for an Atlantic flight.
The document details a push to memorialize Congress for federal road funding without state aid, urging presidential, agricultural, and congressional communication. Proposals include full federal funds for sparsely populated states, swamp highway expenditures, toll bridge restrictions, and creating a secretary of highways to consolidate federal road activity.
The association urged publicity for road budgets to show how state and federal funds are spent. It called for a five member committee to study truck loading practices harming highways and backed pushing for nationwide uniform laws. Vice President Rountree could organize a federal aid campaign, appoint officials, and set territory. Brandon to form a lobbying panel to press Congress, while champions of road development backed national and state parks and a federally built highway system linking parks.
Navy men recount Charles Lindbergh dining with them aboard a ship near Lawrenceville Georgia. Lindbergh shared radio and flight details in casual conversation with engineer Roxford Couch and Lt Lovette, autographed postcard photos, praised the crew chow and spuds, and declined detailed Honolulu flight plans.
Mrs. D. T. Joyner of Ogeechee Georgia praises Black-Draught as regular family medicine. She notes its value for digestion and cleansing the system, using it for herself and six children when constipated or after indiscreet eating. The product began over 85 years ago and remains trusted by many.
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