Cotton Markets Show Dull Trading Amid Weather Outlook
Cotton prices fell in New Orleans and New York as traders awaited the weekly weather and crop summaries. July futures eased about 15 points while other active positions dropped 11 to 2 points, with exports totaling 13 302 bales.
MENTIONED IN THIS ARTICLE
Orleans
Cotton Letter Sees July Liquidation Pressure and Weather Influence
In New Orleans on June 18 the July liquidation rose in both markets, absorbing by spot houses at lower prices for new crop months. Spot demand remained good with large Texas sales to Russia and other exporters at season highs, while weather fears and weevil reports kept new crop months steady. Rain fell across the South, crow news improved, and a favorable weather review was anticipated. sentiment leaned toward selling as July liquidation progresses unless rains come overnight.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Texas
Russia
Crow News
Weather Bureau
Cotton futures close steady with slight declines in New Orleans
In New Orleans on June 18 cotton seed oil prices held steady while cotton futures finished with net declines of about 5 points. Prices for nearby and deferred contracts show modest movements with openings for next months listed.
MENTIONED IN THIS ARTICLE
Associated Press
New Orleans
Poultry Receipts Reported at Chicago Market
Chicago June 18 reports show live poultry receipts totaling 2 cars. Fowls 251-2, springs 38, broilers 34, roost 20, turkeys 22 30, ducks 17 20, spring ducks 25, geese 15, spring geese 25.
MENTIONED IN THIS ARTICLE
Chicago
Obituary: Ed Salvage Dies at 54 After Illness
Ed Salvage, 54, former gas field driller, died early today at a local hospital after a lingering illness. He was injured by a truck on December 2 last year and never fully recovered. Relatives believed to live in Kansas. body held at a local funeral parlor awaiting news.
MENTIONED IN THIS ARTICLE
Ed Salvage
Kansas
Stocks Rise as Utilities Lead Market Recovery
New York stocks advanced with gains in American Water Works Consolidated Gas Public Service of New Jersey Standard Gas Electric General Electric and Westinghouse. Niagara Hudson Power merger talks spurred speculative buying while British gold movements supported sentiment. Gra ham Paige Electric Auto Lite Willys Overland and railroad issues showed notable activity.
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New York
Punel
Niagara Hudson Power Corporation
Buffalo, Niagara & Eastern
Northeastern Power
Mohawk Hudson Power
American Water Works
Consolidated Gas
Public Service of New Jersey
Standard Gas & Electric
General Electric
Westinghouse Electric
New High Ground
Wheat, corn fall on rains and Liverpool quotes in Chicago
Fresh declines in Chicago grain markets followed additional rainfall in Canada and lower Liverpool quotations. Wheat opened down 1 4 to 11 8 cents, then recovered much of the loss. corn and oats also eased with corn slipping from 1 4 to 3 4 cents, later dropping further.
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Chicago
Canada
Liverpool
Raw sugar edges higher in New York trade
Raw sugar prices firmed early in New York with spots at 132 cents higher at 3 58. About 75 000 bags of Cuban June July shipment sold at this level. Raw futures opened 3 to 6 points higher amid London strength and a steadier spot market.
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New York
London
Livestock Prices Rise in Chicago Market Report
Hogs 17 000, market mostly 10 to 15 higher than Monday. Butchers 10.50 to 11.10. Cattle 7 000, calves 2 500, strong to higher trade for steers and yearlings. Slaughter classes show 1300 1500 lb steers 14.25 15.75, 950 1100 lb 14.25 15.75. Vealers 14.00 16.00. Sheep 5 000, steady to slightly lower. lambs 15.00 15.25, fat ewes 6.00 6.50.
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Chicago
Markets at a Glance U S Stocks Bonds and Commodities
New York markets show strong stock and public utilities, steady bonds aided by high turnover. Curb market sees Consolidated Gas of Baltimore surge then retreat after a 43 point gain to 160. Foreign exchanges irregular as French franc firm. Cotton weaker on favorable weather. sugar and coffee move higher and easier. Chicago wheat firm on crop damage Kansas. corn up with lower contract stocks. Cattle and hogs firm.
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New York
Bouyant
Baltimore
France
Chicago
Kansas
Liverpool cotton market reports steady prices and strong American demand
Liverpool notes a steady cotton market with prices for American middling fair at 11.52 and other grades listed. Sales reach 7,000 bales, including 5,800 American, with receipts of 9,900 bales. Futures close quiet with several contract levels cited.
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Liverpool
Nearly 60 Lots Sold at West Monroe Auction
Nearly sixty lots totaling 16 580 were sold over a two day sale at J F Heard's West Monroe addition. Bowman Land Co of Charleston WV and Bastrop LA oversaw the auction with a large crowd bidding spiritedly. Heard plans further subdivision development and house construction, while buyers include August Spruell Rayville J B Brasher Spencer Jeff Graham West Monroe A G Standifer Monroe and others.
MENTIONED IN THIS ARTICLE
J. F. Heard
West Monroe
Monroe
Bowman Land Company
Charleston
W. Va
Bastrop
Heard
August Spruell
Rayville
J. B. Brasher
Spencer
Jeff Graham
A. G. Scharf
John Spatafora
A. C. Standifer
Lawrence Heard
J. N. Knowles
Alfred Jenkins
G. B. Anderson
I. M. Rodgers
O. M. Parish
W. C. Williams
A. C. Daigle
E. O. Smith
L. J. Neal
Garton Decia
H. E. Dearman
Harvey Cloyd
West Side Band
Missing Shreveport Lawyer Found in Brownsville Texas
J Dudley Snell a young Shreveport attorney who vanished October 16 1927 has been located in Brownsville Texas relatives report. He left for Carthage Texas to handle law business, told family he disappeared to relocate, no foul play implied and he was unmarried.
MENTIONED IN THIS ARTICLE
Associated Press
Shreveport
J. Dudley Snell
Brownsville
Texas
Snell
Cartrage
Southwest and South press for duty on long staple cotton
In Washington on June 18 the southwest and south urged a new tariff on long staple cotton now on the free list. Rep Douglas of Arizona argued the 7c per pound duty on 14 inch plus cotton during 1921-22 supported domestic prices and reduced textile and tire reliance on imports. He proposed 3c on 1% to 1% inch cotton and 7c on staples 1% inches and over.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
South
Southwest
Senate Finance
House
Douglas
Arizona
Babe Ruth Appears in Uniform at Yankee Stadium
Babe Ruth shows up in uniform at Yankee Stadium for batting practice, first time since June 1 illness. He did not start against the Red Sox in the doubleheader but sat on the bench ready for pinch hitting.
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New York
Babe Ruth
Yankee Stadium
Red Sox
Yankees
Butter and Eggs Prices and Receipts Report
Butter higher with 22 543 tubs received creamery extras 43 standards 421 2 extra firsts 413 4 421 4 firsts 891 2 401 2 seconds 38 29 Eggs unchanged receipts 18 714 cases Chicago June 18 Associated Press report
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Associated Rrese
Chicago
Monroe Boy to Sing Over Radio Tonight
Louis Monroe son of G H Monroe 510 Hall Street will sing tonight over Station KTSL Shreveport at 830 o clock He recently won a medal at the state rally in Baton Rouge for singing.
MENTIONED IN THIS ARTICLE
Louis Monroe
G. H. Monroe
Hall Street
KTSL
Shreveport
Young Monroe
Baton Rouge
M. P. Granted Rights to Operate Bus Lines in Louisiana
The Louisiana Public Service Commission granted certificates to Missouri Pacific Transportation Co for routes Monroe to Bastrop Rayville and Met rouge. Monroe to Farmerville was withdrawn and Monroe to Arkansas line granted conditionally with no local passengers Marion to Farmerville. Commission adjourned to 2:30 PM.
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M. P
Missouri Pacific Transortation Company
Louisiana Public Service Commission
Monroe
Bastrop
Rayville
Met Rouge
Farmerville
Arkansas State Line
Missouri Pacific Company
Marion
Oak Grove
Western Union Telegraph Company
W. L. Bagwell
Euroda
Ark
Court House
Francis Williams
Star Bus Line
Davis Bus Line
P. M. Davis
Del
Hi and
Epps
Perry Transportation and Storage Company
Bayou Road
J. I. Bailey
Natchez
Ferriday
Clayton, Lee Bayou
Gilbert
Winnsboro
Eugene C. Whittington
Lake Providence
S. B. Hunt
W. A. Lolley
Lolley
Eros
Chatham
Jonesboro
Hodge
Quitman
Ansley
Clay
Clay Norris
Read Bible Daily at John Dickson Home
Owen Thomas Edgar, sole survivor of the Mexican War, reads the Bible daily in his 99th year at the John Dickson home in Washington. In Vatican City, Tommaso La Bella’s son is named the first citizen of the new papal state by birth, making the new father a papal servant.
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Washington
Owen Thomas Edgar
John Dickson
Vatican City
Tommaso la Bella
Papal State
Texas House Rebukes Tea Event Over Negro Congressman's Wife
The Texas House adopted a senate concurrent resolution criticizing Mrs. Herbert Hoover for hosting a white house tea attended by a Negro congressman's wife. The 99 to 10 vote followed debates with Rep Reno Eickenroht voicing support, citing local lineage and Civil War ties. Rep George C. Purl and Rep Forbes sought a division but were ruled out.
MENTIONED IN THIS ARTICLE
George C. Purl
Dallas
Forbes
Dismiss Harvard Man for Injecting Obscenity in Hymn
Edward Fitzhugh of Boise Idaho author of the Harvard college senior class hymn has been dismissed for inserting an obscene message into the hymn via an anagram. The four verse hymn valued for sacred sentiment was found to spell four obscene words when initials read downward.
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Boston
Edward Fitzhugh
Boise
Idaho
Harvard College
Fitzhugh
Harvard Advocate
Senate and House Adjournment Schedules Set
Washington June 18 effective upon adjournment tomorrow the senate will recess until August 19 and the house until September 23 a concurrent resolution to provide for this was approved by both houses with the adjournment set.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Senate
House
Lions Club Dinner at Ki-Ro-Li Camp
The Lions Club plans a dinner at the Ki-Ro-Li camp tonight. Members will meet in front of D. B. Wise's shoe store on Jackson Street at 6 p.m. and proceed to the camp for an excellent program.
MENTIONED IN THIS ARTICLE
Lions Club
Ki-Ro-Li
D. Wise
Jackson Street
Tariffs Spark Trade Decline at New Orleans Cotton Dock
New Orleans dock officials and Spot Cotton Merchants Association urge a tariff reduction after resolutions posted at the cotton exchange claim current handling charges at New Orleans are 50 cents above competing ports. They note 1925 26 volumes and dock board revisions aim to lower costs, with mixed forecasts on final reductions. Col Marcel Garlaud cites ongoing dock board revisions and asks why current differential remains higher than pre movement expectations.
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Associated Press
New Orleans
Cotton Exchange
Mobile
Houston
Galveston
Dock Board
Cotton Dealers Board
Suffolk man resigns from Anti-Smith executive committee
Trotman of Suffolk Va resigns from the Anti-Smith executive committee saying his telegram to Herbert Hoover after the wife of Oscar DePriest entered the race offended the anti democratic leadership in Virginia. Frank Lyon, committee chairman, cited distasteful messaging as the reason. A second district meeting had held that no resolution to censure the anti-Smith stance on race relations would be offered.
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Roanoke
Trotman
Suffolk
Anti-Smith
Commi Today
Frank Lyon
Herbert Hoover
Oscar de Pri
Virginia
Richmond
Whic
Auction at Madison Square Garden Nets 2.515 Million
New York reports Edward W. Browning sells realty at Madison Square Garden for 2.515 million. Proceeds will fund toys for children and related philanthropic efforts.
MENTIONED IN THIS ARTICLE
New York
Madison Square Garden
Edward W. Browning
Tanlac Promises Relief for Digestive Ailments and Sleep
A testimonial from Austin A. Trescott of Vicksburg Miss claims Tanlac improved a decade of stomach trouble nervousness and fatigue. The ad touts Tanlac as a root and herb remedy that corrects digestives issues relieves gas pains restores vigor and sleep and offers a money back guarantee if no help.
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Tanlac
Austin A. Trescott
Vicksburg
Miss
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