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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 18, 1928
Page
3
In New Orleans on June 18, July contracts climbed to 20.65 with December at 20.85 as unfavourable crop leads and strong liver cables support prices before a mid session pullback. Exports reached 13 815 bales and spot cotton closed 28 points higher despite a generally dull market.
In New York on June 18 prospects of more showers in the south and Mississippi Valley floods boosted demand in the cotton market. Trade and shorts covered as commissions broadened, lifting prices about 37 to 41 points from Saturday’s close. October futures touched above 20.90 before settling with modest reversals, and the market closed very steady with gains of 26 to 35 points. spot activity was quiet with middling around 21.25.
Associated Press reports Liverpool market steady after fair demand. American cotton sold mostly mixed grades with 6,000 bales traded, receipts zero. Futures closed steady with July 11.03 and October 10.87, January 10.78, March 10.78, May 10.76.
In New Orleans on June 18 cotton seed oil closed steady with grades listed. Prime summer yellow 9.50, prime crude 8.37 1 2 to 8.62 1 2. Futures quoted include Jan 9.98, June 9.58, July 9.64, August 0.74, with Lent 9.88, Oct 9.88, Nov 9.92, Dec 9.06.
Elbert Martin, aged 13, died at home in Brownsville yesterday. He was the son of Mr. and Mrs. E. Martin and is survived by four sisters and two brothers. The funeral was at the Assembly of God tabernacle at 2 this afternoon, with interment in Hasley cemetery.
The funeral for A N Talley who died of heart disease at the Hodge paper mill was held at his daughter Mrs. C E Stringer's home in Clarks at 11 this morning with interment in Ila cemetery. Polly Anne Dent 8 daughter of Mr and Mrs C W Dent of 2206 Gordon Ave died Saturday after brief illness. The funeral was at their home Sunday afternoon with Rev C B Hall officiating and interment in Riverview Burial Park.
John J. Beauchamp infant son of Mr and Mrs A Beauchamp of Grand Street died shortly after birth early Sunday. Funeral held at Peters funeral chapel Sunday afternoon with interment at the site cemetery. News Star want ads for re-
Chicago June 18 prices for wheat edged lower amid Liverpool quotes and good weather in the northwest. Opening drops 5 to 13 6 cents, corn and oats also fell 3 to 8 cents, while provisions moved higher as trading began.
Fenner and Beane wires Floweree and Co as poor reports and renewed crop damage push prices higher. Reports of hail, cyclones, and floods hit Texas Oklahoma Arkansas Missouri Tennessee and Alabama with widespread rain forecasts fueling speculation and a likely advance.
Chicago reports a lively hog sale with 46 000 head trading 15 to 25 cents higher. top paid 10.40 for 185-260 lb hogs. Cattle receipts total 19 000 with calves 4 000. light steers steady to firm with best around 14.90, heavies slow. Sheep receipts 9 000. lambs good and choice 15.00 to 16.75 for 92 lb down, yearlings firmer but feeder trade weak.
The text shows call money steady with loans at 5.5 percent and closing bids at 5.5 percent. Time loans firm. mixed collateral quotes include 49-30 days at 5 5/8 to 5 3/4, 4-6 months at 5 5/8 to 5 3/4. Prime mercantile paper 4 3/4. Bankers acceptances 30 days 4 1/2 to 4 3/4. Various 60 days to four months quotes.
Peaches in abundance and excellent size arrive on the local market daily. Ben Moore of DeCouta farms raises fine varieties and invites inspection. His wife Mrs. E. D. Edney also sends choice peaches from her yard on the north side, both described as highly excellent.
President Coolidge postpones his departure to his summer executive offices in Superior Wisconsin for one day because pouring rain turned the Cedar Island lodge road into mud. William M Butler chairman of the national Republican committee arrives and plans a visit, while Coolidge copes with a minor heel abrasion affecting his walking.
New York June 18 Liberty bonds closed with Liberty 3 1 28 at 160.7 Liberty 1st 4 1 4s at 101.25 Liberty 8rd 4 1 d4ds at 100 Liberty 4th 4 1 4 at 102.2 Treasury 4 1 48 at 113.27 Treasury 43 at 108.26.
Butter prices steady with receipts 2670 tubs and creamery extracts at 43 to 42 1 2. Firsts 40 to 40 1 2, extras 41 to 42, seconds 37 to 39 1 2. Eggs weaker with receipts 34260 cases. firsts 28 to 28 1 2, ordinary firsts 26 1 2 to 27 1 2, storage packed extras 30 1 4, firsts 29 3 4.
Poultry firm reports carload receipts in Chicago trading on June 18 with totals for fowls springs leghorn springs broilers spring ducks and spring geese listed by quantity.
The alleged fourth member of the youthful Berwyn gang is John Tullach known as Tulip. He has been implicated in the Pearl Eggleston killing by confessed accomplices.
Additional workers joined the Grecian Tobacco strike as water company and bakery workers in Salonika walked out. Public utilities in Macedonia were guarded after days of disorder, with clashes between troops and strikers at Kavala and casualties reported. News reports warned of a potential communist revolution as the fleet squadron at Mogilene supported the strike.
L. W. Cox, a Bastrop area teaming contractor, lost five head of mules at the Scott ferry on Bayou Bartholomew five miles west of Bastrop Sunday afternoon. The pool rose after heavy rains and the mules swam, became entangled in the traces, and drowned before rescue efforts could save them.
Washington June 18 Herbert Hoover prepares for a busy week of political activity after the Sabbath. He will consult with Republican leaders arriving from the Kansas City convention and discuss his bid for the presidency. He is to meet a 24 member Republican National Committee group about chairmanship and outline campaign plans.
June 18. Benjamin Greenberry age 30 died at a Bastrop hospital after being fatally injured at a railway crossing between Met Rouge and Collinston when struck by a Missouri Pacific passenger train. B J Greenberry and George Henderson, riding in the auto, were seriously hurt. The car was demolished in the collision.
Long Beach California June 18 Mayor Oscar Hauge said Dr Hugo Ebener the German Zeppelin designer will attempt a nonstop flight from Friedrichshafen to Long Beach next month aiming to span the Atlantic and the American continent in one voyage ending at the Pacific Southwest exposition. Exposition officials will seek a portable mooring mast from Panama to anchor the Zeppelin.
Bastrop defeated Dermott 9 to 0 on Sunday in Bastrop Louisiana. The Bastrip nine dominated the Dermott squad with strong pitching and timely hitting, securing a decisive win on their home field.
Moore pitched a strong game allowing only two hits as Dermott blanked the locals 9 to 0. Leyden, loaned from the local team, took the mound after Dermott’s pitcher was knocked out. Dooley made a sensational ninth inning catch and started a double play to end the game.
Three American Boy Scouts Dick Douglass Greenboro North Carolina Douglas Oliver Ruston Minnesota David Martin Austin Minnesota were received in Paris with honors of conquering heroes after a reception at the American embassy. They saluted a monument to Lindbergh at Le Bourget and later dined with French marines. They planned a film expedition to Africa following their stay.
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