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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 15, 1927
Page
6
New Orleans reports strong demand with boll weevil activity in Georgia and scarce contracts lifting cotton prices 14 to 19 points. July through December futures gain with midday quotes around 16.7 to 17.2 cents, exports total 28,047 bales and spots close steady despite a quiet finish.
New York cotton prices firmed on June 15 after favorable weekly weather, with October futures advancing from 16.74 to 17.00 and a general market gain of 5 to 12 points. Futures closed 16 to 19 points higher as spot middling held at 16.95.
Liverpool notes steady values with 10,000 bales sold including 7 600 American. American strict good middling 10.10, good middling 9.75, receipts 15 000 with 2 800 American. Futures closed quiet but steady for July Oct Dec Jan Mar prices listed.
Corn rebounds on cool temperatures and favorable Missouri crop chatter while wheat holds steady amid western field tips. Trading shows mixed shifts with corn closing firm, wheat and oats varying. futures prices for July and Sept positions listed across wheat corn oats rye lard ribs and bellies.
Chicago June 15 reports show poultry alive easier with receipts of 5 cars. Fowls average 20 to 24, springers 24 to 33, broilers 19 to 22, turkeys 5? with roosters 13 percent, ducks 23 to 25, geese 25 25. Creamery extras 40. Butter and eggs notes scattered.
In New York on June 15 Cottonseed oil closed strong with values listed for primes and futures. Prices ranged from 6.00 for prime crude to 10.03 for December with active sales totaling 9,009 contracts.
Beverly Hills reports show actress Charlot Bird spent a night in the city jail after an arrest for disturbance at the home of Richard Dix, once engaged to her. She said she only wanted to obtain some films of herself and dismissed police charges as absurd.
New Orleans June 15 Cotton prices moved between gains and losses with a late rally after the weekly weather review praised crop prospects but warned of rising weevil pressures in Georgia and nearby states. Traders expect a possible short crop if weevils worsen, while rains across the belt influence sentiment and buying.
The stock market showed strong recuperative power from the previous day’s decline. Gains appeared in rubbers and a few specialties, while the New York Central raised its dividend to 8 dollars and other rail elements followed.
Col Charles A Lindbergh slept in after a busy night of entertainment in New York. He attended a city banquet in his honor and a Winter Garden performance by the Quite Birdman group. A New York luncheon for him was hosted by the state chamber of commerce and merchants association. A delegation of Lindbergh’s boyhood friends from Little Falls Minnesota, including Mayor A L Grimes, waited to greet him.
The infant daughter of Mr. and Mrs. H. H. Shepard died this morning after a brief illness. The funeral is at the house DeSiard road tomorrow at 10 o'clock with burial in Riverview Park Cemetery.
Sheriff reports confiscation of 14 slot machines across the parish as illegal gambling devices while deputies note widespread operation from end to end. Arrested men ran a filling station, a hotel, a restaurant, and others operated machines in various businesses amid sudden crackdown.
Taylor Douglas pled guilty in district court to daytime breaking and entering and was sentenced by Judge Percy Sander to two to three years in the penitentiary. Other cases included nolle prosequi for Guy Futch Jr on carnal knowledge and continuance fights in James Pace and Homer Blakeney trials, with Pace facing possible insanity defense and Blakeney evidencing malaria tests.
Locals Elvie Jones was arrested after an officer fired a shot in the air to halt him during a flight on Jackson street and Texas avenue. W C Williams reported the theft of a 1926 Ford touring car from 601 Catalpa street. Mr and Mrs K Barbara welcomed an eight pound daughter named Kunigunda born at St Francis sanitarium in June.
A passer-by mistook a red lit interior for a blaze at a Joffre and Georgia streets residence. Fire crews responded about 8 02 Tuesday night, finding no fire as a red lamp reflected through a window caused the alarm.
Dr. Clay Edwards spoke on health unit plans as director at the Kiwanis luncheon in Hotel Monroe. G. B. Cooley described the Ouachita Tuberculosis association's camp plans and noted no building work for a year. Mrs. J. E. Doughtie shared Memphis convention insights and entertainment for women.
A bandit abducted and tied a local marshal to a tree between Mannford and Teton then fled toward the Osage hills. McAninch freed himself around dawn and rejoined a Pawnee county posse pursuing the bandit, who was last seen in Jennings with the marshal still missing. The incident disrupted the town as Morris witnessed the events and alerted authorities.
Oklahoma City reports Matthew Kimes, a 21 year old bank robber dubbed Slick-Haired Youth, charged with three bank robberies and two officer slayings. A $50,000 reward is being raised. Kimes, once tied to Beggs and Covington robberies, eluded capture after a 1926 jailbreak and a series of armed incidents across Oklahoma and Arkansas.
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