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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 11, 1927
Page
5
Market reports show an initial drop of 21 to 22 points in trading as over the weekend selling pressured New Orleans cotton. Absorption of offerings near the end reversed some losses with futures closing very steady up 3 to 12 points. spot prices posted modest gains and daily receipts reached 1,174 with stock at 366,836.
Associated Press reports New York cotton opened higher before a late session pullback, December finishing at 17.40 after a dip from 17.54 to 17.30. Market closed steady with slight net gains and spot quiet around 17.05 to 17.59. Futures closed mixed, January 17.45 and July 16.80 among others.
Chicago grain prices opened higher as wheat advanced after a wavering start. Black rust was reported in Indiana, the Canadian crop report was bullish, and Liverpool quotations were firmer. Corn and oats gained after an initial decline, with provisions easing.
Poultry steady in Chicago with 1 car received and prices unchanged. Butter higher with 17,739 tubs received. creamery extras 40 14, standards 40s, extras firsts 39 %, firsts 86, 374, seconds 33 35. Eggs higher with 25,663 cases received. 1sts 20 21 %, ordinary firsts 9 20, storage packed extras 23, storage packed firsts 224.
From New York on June 11 the Associated Press notes cotton seed oil prices and sales figures. Prices listed include July at 9.37, August 9.60, September 9.80, October 9.97, November 9.95, December 10.05 with other months shown. total sales reported 400.
Chicago and Detroit bus companies slash prices to attract riders. Detroit Chicago trips drop to 2.50 dollars, about 0.25 per mile for long journeys, with ten hour turns undercutting rail rates. Other routes like Detroit Toledo see one way fares fall to 45 cents as competition intensifies.
New Orleans June 11 The cotton market showed two sided trading with an early bulge, slight late hour pullback as traders took profits. Lack of rain in the west and rising Mississippi river levels supported buying while showers in the east and southeast varied conditions. Forecasters expect mainly cloudy weather Sunday with cooler northeast. Reports from the northwest warn of hot winds and poor yields, but overall weather, weevil activity, and flood conditions point to sustained buying and potential higher prices.
New York June 11 heavy selling across several sections of the stock list sparked waning demand as bear traders exposed weak spots. The market closed heavy with about 1,000,000 shares traded. Notable losses included Commercial Solvents B, Pierce Arrow preferred, Pittsburgh Coal, and Cluett Peabody, while Hudson Motors showed resilience amid wider motor stock weakness.
G T McSween Sr a leading planter on the Ouachita river died at his Columbia home after a year long illness. He was buried in Hillside cemetery with Masonic rites. He was born in Caldwell parish son of John McSween a Mexican War veteran. Survived by three children Annie Wear G T McSween Jr and Katie McSween plus two sisters and the widow Willie Warner formerly Fluitt. Church services were not held due to flood conditions.
Edith McKenzie wife of A G McKenzie of Eurthwood Louisiana and Pineville died in New Orleans on June 8 1927 at 4 30 p m. Remains sent to Alexandria and taken to Pineville. Interment Greenwood Memorial Park. Survived by husband two sons Earl 8 and Jack 3 and several siblings led by E T Auld S C Auld G D Auld B M Auld Mrs T W Ware and Mrs Herbert England. Alexandria Daily Town Talk June 9.
Charles Lembinski a longtime DeSiard street merchant died Friday morning in Shreveport where he had lived recently. Funeral and interment followed in a Shreveport Jewish cemetery. He leaves a widow, four daughters Mrs Minnie Dryer Shreveport Mrs Joseph Dryer Arcadia Mrs Ike Roseman San Antonio and Mrs Theresa Cohen San Antonio and a nephew Ike Dembinski of Monroe.
A massive crowd gathers on the pier and monument grounds as Charles Lindbergh arrives aboard the U S S Memphis. Mrs Lindbergh boards first with Adm Burrage nearby. President Coolidge greets the aviator amid a day of naval ceremonies and cheers.
Spectators line Pennsylvania Avenue as President Coolidge presents the Distinguished Flying Cross to Charles A Lindbergh for his transatlantic solo flight. Mrs Lindbergh travels discreetly from Dupont Circle to meet him aboard the Memphis, while crowds cheer the returning aviator in a historic mother and son moment amid a mass of onlookers.
George M. Stewart, 20, a telephone worker, slept walked and dove from a second story window into a rose bush at the Levi apartment house in what witnesses called an unusual case of somnambulism. He wore only B V D underwear, was severely bruised and bleeding but escaped serious injury after being taken to St Francis sanitarium. Stewart had told neighbors he suffers nightmare sleepwalking and had only been in town a week.
International News Service reports that murder methods are becoming more refined as wealth and unease rise. Frederick L. Hoffman notes fewer homicides overall in 1926 across 118 cities, with Jacksonville leading in rate, while Chicago had the most total murders. He urges stronger law enforcement, faster trials, and harsher penalties, labeling capital punishment a relic of barbarism.
Mrs E Lewis Campbell wife of the Chicago Flying Club president plans a shopping trip to Paris to buy new clothes while flying toys remain in her wardrobe. She predicts women will soon travel to shop as a daily routine.
A fire at 408 North Sixth street damaged a truck from Electrified Water Co Inc after gasoline reached a hot exhaust pipe. The shed ceiling above the Circle S Filling Station was scorched by about 25 dollars in fire. Firefighters extinguished both blazes and an earlier Friday kitchen fire at 508 North Fifth Street caused by a pot of vegetables burning on the stove. Mrs. Frances Smith received a minor burn from splashed fat.
London reports many society women courting May marriages. Lady Diana Duncombe and Greville Worthington plan May 31 nuptials. Miss Cicely de Bunsen weds Archibald V. Campbell Douglas on May 30. Others include Miss Marcella Duggan and Miss Mary Ashley, noted heiress.
New York youth Eddie Bennett claims a 750 batting average in the Luck League and a record of six pennants in eight years as major baseball’s star mascot. Since 1920 he has been with the Yankees, after stints with the White Sox, Robins, and Dodgers. Celeste Ler, 61, of Chicago now on the world tour, hopes to sail around the horn in fall.
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