Stock Market Slumps After Brief Rally Fades
The market fell back from an early 1 to 6 point rally as heavy selling hit high priced stocks. Volume surged past 2 million shares and a 35-point break in Bancitally Corp common sparked further declines with totals near 4 million shares. General Motors and Radio led losses amid widespread weakness and new yearly lows.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Time Money Market
General Motors
Market report fragment with futures prices and notices
Fragmentary market notes show futures activity with prices and daily highs and lows. It lists contract months January March July October and December, with prices around 19.5 to 20.3 and a session close steady. a separate sale section cites middling levels and stock totals.
Cotton Market Slides on Unfavorable Weather and Market Tone
In New York on June 12 the cotton market faced little buying interest as poor weather and crop advice dampened sentiment. Prices opened lower, rallied briefly above prior close, then fell to new lows by day’s end with futures down about 80 points. spot steady at 20.65 middling.
MENTIONED IN THIS ARTICLE
New York
P. C
Cotton Market Wakes to Weak Session in New Orleans
New Orleans June 12 The cotton market softened on liquidation from Wall Street and western sellers. Bears cited figures from Cotton Textile association and weather outlook as dampening buying. Afternoon rally came from covering while trade and foreign interests absorbed losses.
MENTIONED IN THIS ARTICLE
New Orleans
Wall Street
Cotton Textile Association
Cotton Seed Oil Prices Open in New York and New Orleans
Cotton seed oil closed barely steady with quoted values in New York and New Orleans. Prime summer yellow 9.45, prime crude 8.50 to 8.75, and futures for January through December listed from 9.55 to 9.96 with an outlier 0.25 for December.
MENTIONED IN THIS ARTICLE
New Orleans
New York
Peemeneenenerseeersererer
Teersee
Pete
Seemeneretenterens
Renner Enen Eeees Mteey
Seeneene
Sreeeense Eotentie
Sales
Obituary for Lloyd Thurmon of Ruston at 38
Special to The News-Star Lloyd Thurmon of Ruston died Tuesday morning after a long illness at age 38. He was survived by his mother Mrs Theta Thurman, two children, and siblings including Purvis Thurman of Ruston and Mrs Chas Ross. Burial plans were not listed.
MENTIONED IN THIS ARTICLE
News-Star
Lloyd Thurmon
Ruston
Ness
Lloyd
Boms
Trenton Street
Ess
Theta Thurow
Thurman
Urnton
Purvis
Miss
Chas
Ross
Minnie O'Neal
Grain values wobble as rains hit domestic crop area
Chicago July wheat fell to about 1.40 a bushel in early trading amid lower Liverpool quotes and rains in spring crop regions. Corn moved firm after an initial dip, oats eased, and provisions trended downward with mixed closes for wheat futures and various grain quotes listed.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Liverpool
Liberty Bonds Close Mixed As Rates Hold Steady
New York June 12 Liberty bonds closed with mixed results led by Liberty 3 1 2s at 100.7 and Liberty 1st 4 1 45 at 101.6. Liberty 3rd 4 1 45 at 100 and Liberty 4th 4 1 4s at 101.27 alongside Treasury 4 1 2s at 113.13 and Treasury 4s at 106.13.
MENTIONED IN THIS ARTICLE
New York
Liberty
Treasury
Call Money Closes Firmer With Higher Rates
New York June 12 call money firmer across the board. Loans at 6 percent closing bid. Time loans mixed collateral 60 to 90 days 5 1 2 to 5 5 8. 4 to 6 months 5 1 2 to 5 5 8. Prime mercantile paper 4 1 2 to 4 3 4. Bankers acceptances unchanged.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Hogs Cattle and Sheep Prices in Chicago Market Report
Chicago market report shows hogs 23 000 head with choice hogs near 200 pounds up to 10 over, butchers and lighter weights steady to weak. Cattle 8 000 with calves 3 000, demand for well finished steers, slaughter classes good to choice 1300 1500 pounds 13.25 14.75, lighter cattle 10.25 13.25. Sheep 12 000 fat lambs down about a quarter, feeding lambs steady to weak, ewes to 7.50 for 150 pounds.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Batter and Eggs Prices Holden Steady in Chicago
In Chicago on June 12 batter and eggs markets show mixed movements. Batter unchanged with receipts total 17 094 tubs while eggs fall with 34 487 cases received. Firsts at 28 with 2g. ordinary firsts 27 at 2744. storage packed extras 30. firsts 20 percent.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Liverpool Cotton Market Sees Prices Dip Amid Demand
Cotton spot in fair demand with price declines across grades in Liverpool. American grades show strict good middling at 11.85 and good middling at 11.55, with varied middling ranges. Sales reported at 6006 bales, receipts 2000, American at 9.00. Futures closed quiet with July and May around 10.65 to 10.68.
MENTIONED IN THIS ARTICLE
Associated Press
Liverpool
Chimpanzee Propinquus Dayton Grows Under Johns Hopkins Study
At Johns Hopkins University a four year old chimpanzee named Propinquus Dayton is raised for scientific study by Adolph Schultz. Dayton weighs about 40 pounds and is paired with Tennessee the dog for companionship. The laboratory setup includes a sunlit cage and a playground area to observe growth, behavior, and development toward maturity.
MENTIONED IN THIS ARTICLE
Associated Press
Baltimore
Johns Jfophins University
Propinquus Dayton
Africa
Adolph H. Schultz
Schultz
Perood
Dayton
Dr. Schultz
Tennessee
Anthropological Laboratory
Boston and Maine Railroad Gains From Reorganization
East Cambridge and Marsh one in 1926 reorganized to improve efficiency and earnings. The Boston and Maine Railroad, with 2000 miles of track in southern New England, shows recovery after a post war slump. In 1927 earnings ran at 38.68 dollars per share on outstanding prior preference stock as competition from motor trucks and buses pushes abandonment of branches, while the road starts feeder bus and truck operations.
MENTIONED IN THIS ARTICLE
Associated Press
Boston and Maine Railroad
New England
Badges Come Into Their Own At K C Convention Today
A Kansas City convention scene erupts in a badge frenzy with every attendee sporting insignia from large platters to small pins. Visitors arrive from across states, prompting joking questions about who wears the most. The parade of badges dominates hotel lobbies as delegates mingle after meetings.
MENTIONED IN THIS ARTICLE
K. C
Kansas City
Rotary
Kiwanis
Lions Clubs
Indiana
Poultry prices report from Chicago market
Associated Press notes poultry lively with steady demand as six carloads arrive. Fowls sell at 23 1 2 cents, springs 38 cents, leghorn springs 30 cents, broilers 28 80 cents, spring broilers 75, spring ducks 25 8 cents, spring geese 26 cents.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
Dayton Plans Jungle Themed Gymnasium Apparatus
An article notes Dayton seeking equipment that mirrors jungle exercise experiences. The proposed apparatus would provide comparable opportunities for physical activity and training.
MENTIONED IN THIS ARTICLE
Dayton
Marks Building to Be Improved by New Owners
The Hipp Marks building at Grand and De Siard streets will be vacated this week as Carl McHenry and Dr. A G Mc Henry take ownership. Plans include a new front on De Siard with two stores and a corner drug store for New South Drug. Fronts will feature plate glass and recessed display windows enhancing the neighborhood. Work to begin in the next few days.
MENTIONED IN THIS ARTICLE
Grand and
DeSiard Streets
Carl McHenry
A. G. McHenry
DeSiard Street
DeSiard
DeSiard and
Grand
Missouri Pacific Plans Fleet Expansion
President L. W. Baldwin announces immediate purchases of five heavy freight locomotives from the American Locomotive Company and construction of 200 automobile cars at DeSoto shops. Locomotives will serve growing southwest tonnage needs. cars will be delivered at five or six per day.
MENTIONED IN THIS ARTICLE
Missouri Pacific
L. W. Baldwin
American Locomotive Company
Missouri
Missouri Pacific Lines
Tax Collectors Office Busy Before Tax Sale
The sheriff's tax department is busy with year end duties as the annual tax sale approaches. The sale starts Saturday, June 16 at 11 a.m. at the courthouse. Delinquent taxes on real estate and personal property are being collected, with payments encouraged before the auction.
MENTIONED IN THIS ARTICLE
Sheriff's Office
Court House
Resignations Sought From LSU Administrators
Baton Rouge officials asked Dean W R Dodson and Extension Director W R Perkins to resign, per the State Times. Also named for resignation were Prof J Q Adams and Prof E L Jordan of the annual industry department.
MENTIONED IN THIS ARTICLE
Associated Press
Baton Rouge
W. R. Dodson
College of Agriculture
Louisiana State University
W. R. Perkins
Board of Supervisors
State Times
The
J. Q. Adams
E. L. Jordan
Annuwal
Hoover Opens Lead as Balloting Nears Finish
Herbert Hoover widens his edge toward the nomination with a large swing in Pennsylvania. Hoover operatives expect to depart the party machinery by Thursday night as balloting nears. Senator Curtis voices brief comment while Kansan backers hold council and others defer remarks.
MENTIONED IN THIS ARTICLE
Hoover
Pennsylvania
Commerce
Curtis
Goff
Watson
Coalition
Brighter Lawn Movement Hinted By New York Visit
The narrator muses on repainting lawns and joining a brighter lawn movement in New York. He recalls seeing Teddy Roosevelt in town and notes Roosevelts glare as a cab reporter questions him. the scene hints at a convention and political chatter.
MENTIONED IN THIS ARTICLE
New York
Weill
Teddy Roosevelt
Mr. Roose
Early Morning Kansas City Convention Echoes
A narrator recalls Roy Howard in Kansas City for a political convention in 1928. A waiter mirrors Lew Fields, Will Rogers drops by, and tales of east and west mingle with street scenes. Cowboys, golf, and brisk city activity frame the lively, humorous account.
MENTIONED IN THIS ARTICLE
Lew Fields
Martins
Bustanoby’s
Shanley’s
New York
Kansas City
East
Texas
Will Rogers
Charlie Young
Oklahoma
Harry
Jack
McNaught Syndicate, Inc
Model Home to Be Built in Monroe by W C Sally
The Monroe News-Star reports J. W. Smith and Associates will plan the model home and supervise construction. W C Sally, a local builder, is chosen to construct the house under the Stuart System with firm representatives overseeing the project.
MENTIONED IN THIS ARTICLE
J. W. Smith and Associates
Monroe
News-Star
W. C. Sally
Ths City
The News Star Model Home Promises Modern Affordable Design
The News Star outlines a Model Home project aimed at universal appeal with simple attractive design and up to date features. It will balance elegance and practicality and be offered within the average income, including furnishings and a unique disposal plan.
MENTIONED IN THIS ARTICLE
News-Star
Spirit of the bill faces opposition in Senate vote
Senator Holcombe warns the measure is unconstitutional as it would force LSU to deposit maintenance funds from the state tax. Senator Williamson defends the bill as administration aims to safeguard funds. A party-line vote followed with 24 in favor and 15 against.
MENTIONED IN THIS ARTICLE
McFarland
Holcombe
Louisiana State University
Williamson
Holcomb
House
Barousse
Brennen
Brooks
Duk Fernandez
Foucher
Gamble
Gilber Pp
H. Gilbert
T. B. Hall
Hughes
H Son
Johnson
King
Labbe
McDowell
Norwod
Oser
Redman Schwing
Settoon
Skelly
Whittinton
Alley Boone
Caffery
Cain
Delahoussay Dove
Ducross
Fisher
Lacade
Knott
Peterman
Robinso Wingate
Woods
Seeley expert to visit Virginia Hotel and Moroc June 14
F H Seeley Co expert from Chicago and Philadelphia will be at the Virginia Hotel and remain in Moroc Thursday only June 14 from 9 a m to 5 p m. He promotes The Spermatic Shield claimed to repair ruptures without surgery with rapid results and worldwide patronage. Demonstrations offered, with caution against elastic supports.
MENTIONED IN THIS ARTICLE
F. H. Seeley Co
Chicago
Philadelphia
Viginia Hotel
Moroc
Seeley
Enland
Spain
Donand Shippen
Navy
Bureau
U. S. Naval
Penn
BR. R
F. H. Seeley
Home Office
N. Dearborn
Also Mentioned on This Page
Financial
Wright Aeronautica
American International
Russia Insurance
Case Threshing
American Bank Note
Abraham & Straus
Baltimore & Ohio
Kansas City Southern
Chesapeake Corporation
Crucible Steel
Republic Steel
May Department Stores
Liggett & Myers
Western Union
International Harvester
Dupont
Greene-Cananea Copper
Adams Express
Electric Auto-Lite
American Express
International Combustion Engineering
Jane
Fenner & Beane Wires
R. E. Floweree & Co
Cotton Seed Oil
Chicago Grain
ABH AG
Vere
Boston & Maine
Propinguus Dayton
Johns Hopkins University
Brown
Coleman
Jones
Brian Bell
Bridge
M. P
TAX Collectors’ Office
L.S.U
Dodson
Perkins
Adams
Jordan
Herbert Hoover
Mintyre
Vélt
Roy Howard
Mr. Howard
Cincinnati
Hortaio Alger, Jr
Model Home
Prof. van Zan
Grammont Street
Williamson Bill
Henry J. Ausstinn
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