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Monroe News Star in Monroe, Louisiana

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This newspaper page contains 26 articles. Subscribers can read the full text of each article.

Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Jun 13, 1928

Page

4

Market Recovers After Heavy Buying Drives Stocks Up

New York traders responded to large buy orders and bargain hunting as stock prices broadly rose after yesterday's drop. Industrials and Rails gained 1 to 6 points, several specialties up 6 to 10. Volume was moderate with about 4 million shares traded, and call money at 6 percent amid mid month demand.

New York Stock Exchange R. H. Macy National Tea Russia Surance Case Curtiss Aeroplane Pierce Arrow International Telephoné Wright Aeronautical American Express Allied Chemical Adams Express American Linseed American Telephone National Biscuit General Motors Montgomery- Ward Sears Roebuck American International New York Central Union Pacific Consolidated Gas Baldwin

Market Downturn and Mixed Trading Signals

Cleaned OCR shows a financial page note with price quotes and daily close figures. Mentions July and December months, 19.70 to 20.25 ranges, inconsistent highs and lows, and a steady end to trading sessions.

Cotton futures close steady with higher prices

We are YORE June 13 report shows the cotton market recovering with light offers and higher prices in trading by speculators and demand from commission houses. October contracts held near the day’s best as futures edged up 15 to 22 points while spot middling held at 20.90.

D Commission House

Cotton Market Mixed as Rains Alter Trade Outlook

New Orleans reports general showers raise moisture concerns in Texas and Louisiana with weevil fears and wet fields. Prices recover part of yesterday's loss as buyers, including large sellers, reenter the market while rumors spread of a ten day mill closure.

New Orleans Texas Louisiana Northwest

Cotton Seed Oil Prices Steady In New Orleans Market

New Orleans June 13 cotton seed oil closed steady with price quotes across contracts. Prime summer yellow 9.45 and prime crude 8.37 1-2 to 8.75, January 10.00, June 9.50, July 9.55, August 9.65, September 9.50, October 9.86, November 9.90, December 9.95.

New Orleans New York Chicago Liverpool

Liverpool Cotton Prices and Sales Report

Liverpool reports a moderate demand for cotton with prices down. American grade sales totaled 6,000 bales, including 5,000 American. futures for October at 10.62, January-March 10.54, May 10.53.

Liverpool

Liberty Labs 34 28 in 100.7 game tally

Report notes Liberty Labs scored 34 to 28 as 100.7 station coverage logs 70L16 and tab 3rd 4 1-45 with budget figures 101-26 and 108.16 in treas notes, listing de 108.16.

Dune Liberty Labs Treas

Chicago Grain Market Backed by Liverpool Prices

The Chicago wheat market opened higher as Liverpool quotes were unexpectedly strong and scarce, turning sellers into buyers amid an oversold feel. Corn and oats fell after early gains, while provisions held firm with mixed futures and specific price levels for futures contracts and commodity types.

Chicago Livestock Prices Steady for Hogs and Weaker Cattle and Sheep

Livestock market report from Chicago shows hogs at 21,060 head with mostly steady demand for choice hogs while lower grades and lighter weights slide up to 25 cents. Cattle and calves total around 15,500 with weighty steers down 25 cents, light yearlings active, fat lambs and sheep easing about 25 cents or more.

Chicago

Postum expands by acquiring Cheek Neal Coffee Company

Associated Press reports Postum company continues growth after 30 years as a food specialist. The latest move is the purchase of Cheek Neal Coffee in Nashville Tennessee. Earnings have surged since 1925 with a 142 percent rise in hot income and 7.93 dollars per share in 1927. Stock structure shifted from 400000 to 800000 shares in 1923 with a two for one exchange and further expansion through acquisitions.

New York Postum Company Cheek-Neal Coffee Company Nashville Tenn

British aviator reaches Lisbon to fly Atlantic

Captain Frank T. Courtney, British aviator, arrived in Lisbon at 5:30 p m on the first leg of a trans Atlantic flight to the United States aboard a Dornier Napier whale flying boat. He will fly from Lisbon to the Azores to Newfoundland and then New York, after an earlier failed attempt from Plymouth last September.

Lisbon Portugal Frank T. Courtney United States Pisa Italy Azores New Foundland New York Courtney Plymouth England Corunna Spain

Galaxy of golf players gather for Louisiana state title in New Orleans

A galaxy of golfers gather in New Orleans to contest the Louisiana state championship at Metairie Country Club. Fred Lamprecht of New Orleans seeks the title with a 75 in practice. Edwin McClure leads Shreveport contenders with James and Clyde Jordan among rivals.

Associated Press New Orleans Edwin McClure Shreve Port Metaire Country Club Frank H. Ford Fred Lamprecht Shreveport McClure James Clyde Jordan Ross McDade John Marston W. A. Hicks S. B. J. White Caddo City

Huff-Daland to Dust 14 Units During Summer

Huff-Daland Dusting plans fourteen units for the season across Louisiana Texas Arkansas and Mississippi. Three planes are en route from Peru for dusting duties this season while others remain in Peru for winter service. Selman field hangar buzzes with overhaul and preparation as operations near month end. Weevil infestation is historically light here but appears unusually heavy in Texas.

Huff-Daland Dusters Corporation Louisiana Texas Arkansas Mississippi Peru Selman Field

Poultry Prices Reported for Chicago Market

Poultry trade notes in Chicago on June 13 show arrivals of 9 cars. Fowls and spring poultry weakened with small changes in various categories including leghorn springs and broilers. Ducks and geese also listed with modest figures.

Chicago

House Bills Passed Digest Highlights Local Measures

The House passed bills authorizing Morehouse parish school board to sell timber. fixing Ouachita parish assessor salary at 6000. creating an assistant district attorney in 9th judicial district Grant and Rapides parishes. shifting severance tax to quantity basis. amending Baton Rouge charter to permit land sales. filling Bastrop vacancies. and incorporating Minden.

Pratt Morehouse Parish Webb Ouachita Parish Dupre Ginsberg 9Th Judicial Grant Rapides Parishes McClanahan Blanche Baton Rouge Bastrop Bacon Minden

Nobile’s Own Story of Italia Wreck Released

Rome reports General Umberto Nobile’s account of the Italia wreck. He describes a sudden weight rise from snow and ice, a rapid plunge, and a crash on the polar ice. Survivors remaining with the airship anticipate retreat toward North Cape with supplies for three months and stable radio contact.

Rome Umberto Nobile Italia Arctic Stefani Nobile Foyn Island A. Mariano Filippo Zappi Finn Malmgren North Cape F. Dehounek A. Vigleri Troiani Natale Ceccioni Giuseppe Bic Citta di Milano

Penalties for Politics in Louisiana Schools

Baton Rouge June 13 Parish school superintendents and parish presidents would be barred from using their positions to sway teachers bus drivers and other employees in elections under a bill by Senator Peterman of Rapides passed 24 to 12. The measure lets the district attorney file charges with the grand jury or citizens may hire an attorney to aid prosecutions. Penalties include a fine between 100 and 500 dollars and removal from office.

Associated Press Baton Rouge Senator Peterman Rapides Senate Peterman Grand Jury

Call Money Rates Mixed for June Trading

Call money in New York on June 13 remained firm with all loans at 6. Time loans showed a mixed picture with 60-90 days at 542 and 554, 4-6 months at 5% at 55. Prime mercantile paper quoted 414 at 4%. Bankers acceptances unchanged.

New York Prime Mercantile

Butter and Eggs Market Report Chicago June 13

Butter and eggs prices and receipts for Chicago on June 13 show butter at 8,299 tubs with creamery extras 42, firsts 39 1 2 to 40 1-2, seconds 38 to 39, and eggs at 12,609 cases with firsts 27 1-2 to 28, ordinary firsts 26 1-2 to 27, storage packed extras 293-4, and firsts 291-2.

Associated Press Chicago

Mrs W L Jones Dies After Brief Illness

Mrs W L Jones, a well known local woman, died at 1 PM at a hospital after about two weeks of illness. She lived at Hudson Lane and North Second, was Philadelphia born, and had lived in Monroe many years. Survived by her Philadelphia niece Mrs Louise Curry and sister in law Mrs Taylor. Funeral plans incomplete.

W. L. Jones Hudson Lane North Second Philadelphia Monroe

Coolidge to Leave Tonight for Wisconsin Summer Visit

Following a second medical consultation, White House physicians said Mrs Coolidge’s condition improved enough to permit President and Mrs Coolidge to depart tonight for the summer White House in Wisconsin.

Coolidge Wisconsin Washington James F. Coupal Joel T. Boone White House

Bombers to Reach Monroe For Overnight Stop Likely Friday or Saturday

A wire from Lieut. H. R. Harris in Washington says ten Martin bombers will stop in Monroe for an overnight layover this week. Exact day not set, expected to be Friday or Saturday with more details due tomorrow.

Martin Monroe Lieut. H. R. Harris Washington

Mrs Mittie Gill Dies At Gilbert Home From Pneumonia

Mrs Mittie Elizabeth Lee wife of Charles H Gill died at the Gilbert home at 5 this morning from pneumonia She had visited here as mother of W J Gill superintendent of the Louisiana Training Institute Born in Scott county Mississippi in 1855 Her Civil War veteran father was related to General Robert E Lee Married Charles H Gill in December 1878.

Mittie Elizabeth Lee Charles H. Gill Gilbert W. J. Gill Louisiana Training Institute Scott County Miss Robert E. Lee Charles H

Gill Family Migrates to Louisiana Parish

Obituary note recounts Mrs. Gill moving from Mississippi to Franklin Parish Louisiana with her husband. She joined East Church young and remained loyal, active in all church tasks. Survives husband and children G C Thompson Lexington KY W J Gill Mount Gilbert Dr D D Gill Gilbert. Funeral at Gilbert Baptist Church at 4 PM officiated by Rev T M Ellerby with L M Cathosy assisting. burial in Gilbert cemetery.

Gilbert T. M. Ellerby L. M. Cathosy

Republican Declaration and Internal Differences Discussed

The excerpt discusses forming a declaration of principles to present republicanism to the poor and notes that differences of opinion will arise within a broad national party. It emphasizes settling disputes through accommodation and unity to advance the country.

Princip

Trelles Cigars Shipments Reach Monroe Weekly

Over fifteen thousand Trelles cigars are shipped to Monroe weekly, reflecting strong demand for the brand in the region. The distribution pattern indicates steady consumer interest and retailer stock turnover in local markets.

Monroe

Also Mentioned on This Page

Stanley W. Prenosil Associated Press Financial Editor Uly Cotton Letter Fenner & Beane Wires R. E. Flowereen & Co Chicago Grain Chem Wien Colorado Dodge Bros General Electric Warvene Hudson Motors Ard Marland Oil Eestwennenesens Kan Tex Missouri Pac Nash Motors Ennen Pan Am Pet Phillips Pet Lago Oil BTN Long Bell Lumber Radio Nat Ybsenenan Reynolds Sinclair Con Cil Wteevene Southern Pat U.S U.S. Steel Westingh Willys-Overland Postum Atlantic Sy Associated Press Irene Simms Shields Galaxy OF Golf N. C Metaire Club Huff-Daland Legislative Digest HOUSE U. K Monroe News-Star Harris Charles Gill Sen Moses United Furniture Stores, Inc Henry J. Bousstinn Mary Gold Yrat Tom Carr Wim FE Kears Mace Henry J. Adsstinn Olktti
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