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Monroe News Star in Monroe, Louisiana

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This newspaper page contains 33 articles. Subscribers can read the full text of each article.

Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Jun 19, 1930

Page

10

Cotton Market Summary Shows Gains and Steady Close

Cotton buying rose in the last hour while the market finished steady with net advances of 22 to 30 points. Futures closed 22 to 80 points higher, spot middling prices around 13.95.

Cotton closes steady after early gains on weather optimism

New York reports mixed trading as Liverpool prices gain 20 to 85 points before partial profit taking. Daily action keeps futures steady with Oct contracts around 23.14 and July near 13.48 to 13.71 region so far. Spots end at 13.10, up 36 points.

New York Liverpool

Cotton Market Turns Up As European Buyers Join

New Orleans reports show strong cables and trade buying lifting cotton about 1.5 dollars per bale for new crop months and a bit more for July. Liverpool spinners and London buyers on this side signal a shift in price outlook with European demand ahead of harvest.

New Orleans Liverpool London Wall Street Corpus Christi Rio Grande Valley

Cotton seed oil prices steady in New Orleans market

In New Orleans on June 19 the cotton seed oil market closed steady with prices listed for prime summer yellow and prime crude grades. Futures for several months show values from 6.50 to 7.22 across January through December contracts.

New Orleans Associated Press New York

Butter and Eggs Prices Report from Chicago Market

Chicago market notes show butter at 8695 unsettled with creamery extras 32 standards 221 1 2 extra firsts 30 1 2 and firsts 28 1 2 29 1 2 plus seconds 26 27 1 2. Eggs recorded at 13032 steady with various grades: extra firsts 23 1 2 2 3, fresh graded firsts 22 1 2 23, current receipts 21 22, storage packed firsts 233 4 and storage packed extras 241 2.

Chicago

Liverpool Cotton Market Report Closes Steady

Liverpool jotting shows cotton spot in fair demand with higher prices. American grades listed. sales total 5,000 bales with 2,000 American. Receipts 4,000. Futures close steady with July 7.24 and other months around 7.06 to 7.26.

Sociated Press Liverpool

New York Stocks Rally As Market Recovers From Liquidation

The stock market snapped back in lightly traded volume after liquidation fears ease. Gains were broad across sectors with notable increases in Case, Allied Chemical, Ingersoll Rand, Westinghouse Electric, American Tobacco, Eastman, Foster Wheeler, Electric Power and Light, and others. U.S. Steel, General Electric, Radio, and American Telephone rose modestly as late gains widened, with total volume near 8.7 million shares.

Claude A Jagger Associated Press New York London Wall Street Stock Exchange New York Cotton Exchange House Chicago Board Case Allied Chemical Ingersoll Rand Westinghouse Electric American Tobacco Eastman Foster Wheeler Electric Power and Light Stone and Webster American Water Works Johns Manville Atchison Union Pacific Standard Gas American Can U.S. Steel General Electric Radio American Telephone U. S. Steel Peoples Gas Radio 4

Markets at a Glance Shows Mixed Moves Across Sectors

Stocks rise for American Telephone by over six points while bonds stay uneven. Curb leaders gain 2 to 6 points as foreign exchanges show irregular activity with the Spanish peseta up 16. Commodities list cotton firm on stronger trade demand, sugar steady, coffee weak from new crop offerings, and grains mixed with wheat steady on export demand and corn pressured by poor regional crop reports. Cattle hold firm while hogs ease to lower.

New York Chicago Iowa and Illinois

Wheat and grain futures rise on Liverpool cues and rally

Chicago grain prices opened steady to up, with wheat and corn showing gains as Liverpool quotations strengthened and stock market rallies supported buying. Wheat closed firm near yesterday, gains to 8 8c, corn up to 7 8c, oats and provisions mixed with modest advances and declines.

Chicago Liverpool

Closing Stocks and Market Listings Snapshot

A dense ledger of closing stock prices lists numerous companies led by Allied Chemical American Dye American Car and Foundry American Tobacco Bethlehem Steel Canadian Pacific Chicago Great Western Consolidated Gas Continental Oil Du Pont General Electric General Motors National Petroleum and other securities. Prices vary, with values ranging across dozens of firms including Reading Co and Pullman.

Allied Chem & Dye American Dye American Car & Foundry American & Foreign Power American Locomotive American Smelting & Refining American Sagar A Cctiindonicea American Tobacco Wicebenienine American Woolen Canadian Pacific Chesapeake & Ohio Wicking Chicago Great Western Chicago M St P & P Chdenney Commonwealth South A—M Cortton Wright du Pont de Electric Power & Light Gere Ailonsiaae Freeport Tex General Electric General Motor Weneniamitpe General Railway Signal Gillette Safety Razor Gulf Mobile & North Hahn Sa Eehadin Houston Oil Hudson Motor Ulinnis Camteal Wombret HeapVenbee Wigsihiens Kansas Kennecott Iho Omeh Stipharene Etl Otis Dilie Betta Ttedeke Hemes Packard _ trating Pan Am Pt Ale Pullman — Pure Oil Mamnemsee Remanens Sethsiettieemase Ber Reading Co Rem Rand Ion A Ee

Chicago live stock market report June hogs and cattle prices

Livestock prices in Chicago show hogs at 31 000 head with direct 11 000. butchers steady to lower. Cattle and calves total 7 000 with best fed steers around 12.00 and slaughter class steers 10.00 to 12.50. Sheep 10 000 with native lambs 12.00 to 12.25 and fat ewes 3.00 to 3.50, lambs 11.50 to 12.50 for good to choice.

Chicago

Louisiana Produce Prices and Shipments Report

New Orleans June 19 sharp but uneven price shifts across vegetables fruits and onions. Peppers cucumbers and cabbage mixed, okra steady at 3.00, Louisiana sweet corn 1.00 per 100 ears, tomatoes 25-60 cents per 30 pound box, Florida watermelons around 60-65 cents per melon, best peaches 3.00-3.50 per bushel, apples 3.15-3.65 per box. Wednesday shipments: 14 peppers 8 mixed vegetables 4 cucumbers 2 carrots 2 cabbage.

New Orleans Louisiana Bliss Triumphs Burbanks Oklahoma California Reds Florida

Call Money Rates Steady Across New York Market

New York call money held steady at 2 1 2 percent all day. Time loans eased with 30 day rates at 2 1 2 2 3 4 percent and longer terms at 2 3 4 to 3 1 4 1 2 percent. Prime commercial paper at 3 1 2 percent and bankers acceptances unchanged.

New York

Potatoes Mixed in U S Shipments and Prices

Chicago June 19 Potatoes on track 158 total U S shipments 899 steady trading fair southern sacked Bliss Triumphs best 2 75 to 8 00 ordinary 2 25 to 2 65 Arkansas and Oklahoma sacked Irish cobblers 2 55 to 2 65 North Carolina varieties 4 65 to 5 10

Chicago U. S Southern Bliss Arkansas Oklahoma North Carolina

House Naval Committee weighs oil reserve protection plan

The committee reviewed a measure to protect naval petroleum reserves from private drilling on adjoining lands. It would allow purchase of private holdings within a reserve by cash or exchange and let joint drilling on boundary lines share proceeds to avoid offset wells.

Washington House Naval Committee Naval Petroleum Congress Navy Department Federal Oil Conservation Board Naval Reserve

Foreign Exchange Rates Across Major Currencies

New York June 19 report shows irregular foreign exchange rates with Great Britain at 4.8658 in dollars and 1. in cents, France 3.92816, Italy 5.2312, Belgium 13.9412, Germany 23.8312, Norway 26.75, Spain 11.8412, Greece 1.2938, Brazil 11.35, Tokyo 45.45, Shanghai 36.8712, Montreal 100.00.

New York Great Britain France Italy Belgium Germany Norway Spain Greece Brazil Tokyo Shanghai Montreal

Hawley Postpones Cigar Import Restriction Action

Chairman Hawley of the House Ways and Means Committee announced that action on his resolution to limit cigar imports in shipments of less than 300 has been postponed until the next session.

Washington Hawley House Ways and Means Committee

Mrs. Nerle Fitting Involved in Hanford Car Collision Case

In Hanford California Mrs. Nerle Fitting triggered the arrest of John Sorder after a car collision with a man. The court will determine if her behavior while driving was justifiable under the circumstances.

Hanford Calif Nerle Fitting John Sorder

Murder victim may have been a school boy

Mobile Alabama June 19 authorities pursue Harold H Schroeder presumed alive after two letters found with a raincoat worn by a hitchhiker and a burned body near Indianapolis May 31. Investigators seek missing southern high school students tied to the coat marked S A H S S and check St Andrews School Nashville Tennessee for clues.

Associated Press Mobile Ala Harold Herbert Schroeder Schroeder Indianapolis Ind George L. Winkler Marion County Indiana Nashville Tenn St. Andrew High School Winkler George W. Eggleston Sewanee, Tenn St. Andrews’ School Here

Storms and tidal wave strike British Empire 27 dead

United Press reports 27 dead from storms and a tidal wave. Seven killed by a sudden rain and electrical storm in Southern England. Twenty sailors drowned after an earthquake in New Guinea triggered a tidal wave. Notable death: Walter Holbein struck by lightning near Ascot Royal Box as King George and Queen Mary watched. Three drowned near Manchester.

United Press London British Empire England New Guinea Dorset Essex Bournemouth Walter Holbein Ascot King George Queen Mary New Mill Manchester

Goza to Translate Letter in Spanish

Policeman R. J. Goza is asked by the Monroe Welfare association to translate a Spanish letter from relatives of a Genoa Texas family seeking support. The husband is paralyzed and his father is too old to work. the welfare group has been aiding them and now relies on Goza to interpret the translated message.

R. J. Goza Monroe Welfare Association Genoa Texas Welfare Association Goza

Arkansas Authorities Seek Holdup Suspect Frank Green

Arkansas authorities continued the hunt for Frank S. Green charged with holding up Ora A. Ash in Hot Springs. Green, said to be with his wife, is wanted in Missouri on several charges and has prior prison terms in Jefferson City Missouri and McAlister Oklahoma.

Hot Springs Ark Frank S. Green Ora A. Ashby Green Missouri Jefferson City McAlister Okla

Disabled Veterans to Meet in Orleans Sunday

Major General Frank T. Hines director of the veterans bureau in Washington and Congressman John E Rankin of Mississippi join the Disabled American Veterans convention in New Orleans this weekend. The gathering opens Sunday with several thousand veterans expected from across the nation.

New Orleans Frank T. Hines Veterans Bureau Washington John E. Rankin Mississippi

Theft in Memphis Hotel Nabs Only Personal Effects

R. Axline of Chattanooga awoke in a Memphis hotel to find a thief had entered during the night and left with his clothes and a brush and comb. In a separate note, a report mentions Japan cocoons once valued at 3.5 million dollars.

Memphis Tenn R. ©. Axline Chattanooga Japan

Moyle Claims Breakthrough in Radio Static Elimination

William M Moyle of Charlotte a radio amateur says he has perfected a mechanical-chemical device that eliminates radio static. The Charlotte Observer reports Moyle has received several patent bids for a six inch tubular device.

Charlotte N. C Charlotte Observer Today William M. Moyle Moyle Observer

Death Penalty Sought for Six Communists in Georgia

In Atlanta six defendants face possible death sentences under an old Georgia law if convicted of attempting to incite insurrection. Bond fixed at 33 000 dollars, defense seeks reduction while prosecution remains committed to the death penalty. trial could occur in two weeks if bond not met, or proceed at the September term if bond is posted.

Atlanta

Morton Speech Highlights Rotary Community Role at Hotel Virginia

O B Morton vice president of Ouachita National Bank spoke at the Rotary Club meeting in the Hotel Virginia on the relationship of Rotarians to the community. He argued fellowship should be universal and Rotary fosters this spirit. Herbert Rosenheim proposed supporting the Boy Scout troop at the Louisiana Training Institute sponsored by Rotary. No musical program due to the director of music’s absence.

O. B. Morton Ouachita National Bank Rotary Club Virginia Morton Rotary Clubs Rotary Herbert Rosenhein Louisiana Training Institute Leon Hammonds

Slayer of Cousin Behind Bars in High Bond Case

In Wartburg Tennessee John Alley 44 is jailed on a murder charge for killing his cousins Dee Alley and Newt Alley with a shotgun in two incidents. Alley could not post 10000 bond after a Wednesday hearing before Squire Bruce Schubert. Dee died August 6 1929 and Newt June 3 this year. Alley claimed accidental discharge in the first shooting and self defense in the second.

Wartburg Tenn John Alley Morgan County Squire Bruce Schubert Alley Dee Alley Dee Newt John Pine Orchard Oakdale

Two Accidents Mar Outing for Former Kaiser

Amsterdam June 19 Two accidents marred an outing of former Kaiser Wilhelm II and his family. A boat exploded and sank on Lake Kaag near Leyden injuring two household members, C. Graefin Lehndorf of Prein and H. Graf Donhoefof Friedenstein, plus a mechanic. The Kaiser and Princess Hermine were aboard another boat aiding victims. The explosion's cause was not explained.

Associated Press Amsterdam Holland Kaiser William Hohenzollern Wilhelm Princess Hermine Countess Pannewitz Lake Kaag Leyden C. Graefin Lehndorf Prein H. Graf Donhoeff Friedenstein

Supposedly Dead Man Writes Letter to Wife

Nashville police and state investigators search for Harold H Shroeder whose death in a burned Indianapolis area car on May 31 is questioned. Mrs Shroeder said a June 6 Nashville letter claims he is all right. Det. Chief Elkin Lewis vows a vigorous investigation to locate him.

Nashville Harold Herebert Shroeder Indianapolis

Eleven are Acquitted in Alcohol Theft Case

A federal jury in New Orleans acquitted 11 men charged with conspiring to steal 5,500 gallons of high grade alcohol from the American Commercial Alcohol distillery at Greta. Four defendants were freed by directed verdict.

New Orleans Federal District Court Greta Charles J. Landry John Damonte Martin Campo William Smith Peter Geurra Anthony Uchello Julian Uchello Charles Perez Horace LeBlanc Claude Stoval Fred Lafon

Fire damages two cars in city blaze reports

Two automobiles caught fire in separate incidents today. A Chevrolet sedan owned by G. M. Maddox on Grand and Plum streets was nearly destroyed after overturning, and Maddox’s car caught fire in a ditch during the incident. A Chrysler sedan owned by Dr. C U Johnston at St Francis sanitarium sustained minor damage from a wiring short.

Grand Plum Streets G. M. Maddox Company No. 4 Maddox Company No. 1 St. Francis Sanitarium Dr. C. UW. Johnston

British Railways Net Receipts Rise in Latest Year

Net receipts for last year reached about 214.5 million dollars, about 17 million dollars higher than 1928, according to a recent preliminary state report.

British Railways

Also Mentioned on This Page

Associat Associated Chicago Grain Reynolds Tob Iahs Ictaliactionts SLAF Fe Tiegeeinige Sears Roek Shell Seer Stone & Web Tex Corp Tex Gulf Stl Timken Unit Acft Committee of Congress India Associated Press Photo John Simon Royal Box Orleans the Gumps—Page MR. Scooge Carlos Scooge Ding Bim Simon Scooge Henrietta NO Thomas A. Edison West Orange N. J Fort Myers Fla Newark, N. J Hudson Corry-Davis Funeral Home Ambulance Service
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