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Monroe News Star in Monroe, Louisiana

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Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Jun 23, 1930

Page

10

Cotton Market Mixed Versus Temp Surge and First New Crop Bale Arrives

The New Orleans cotton market opened moderately active and nervous, with declines in the morning followed by a rally as temperatures rose to 100 to 108 degrees in the central and eastern belts. July, October and other months hit new highs before closing steady with modest losses. The first bale of the new crop arrived for auction amid 7,787 bales exported.

Associated Press New Orleans Corpus Christi Texas Ptate

Cotton futures ease after broad selling in New York

Prices fell as weakness in stock and grain markets spurred selling, with July and October futures sliding before partial recovery. Trade bought and covered positions limited losses, aided by a rally in outside markets and favorable crop weather. Spot market closed quiet at 15.50, down 20.

New York

Cotton futures edge up after early losses amid heat and stocks rally

New Orleans reports weak cables and declines in early cotton trade then a stock driven rally recovers most losses. Crop bureau cites 71 percent condition, 3.4% acreage reduction, yield 14.8 million pounds. Farm board chief Legge cautions crop outcomes unknown for two months and acreage decline under 5 percent. Weevil rise noted in Atlanta and Alabama. no heavy rainfall. Technicals and stock strength may push rallies, but July notices loom.

Fenner & Beane R. E. Floweree & Co New Orleans Legge Farm Board Montgomery Als Atlanta Alabama

Cotton prices ease in fair demand on Liverpool market

Liverpool June 23 American cotton prices show a general decline with strict good middling at 8.47 and middling at 7.57. Futures closed quiet with July at 7.01 and October at 6.82, while other months range from 6.48 to 7.06.

Liverpool Associated Press

Butter and Eggs Market Report for Chicago

Chicago June 23 butter and egg prices show steady quotes. Butter totals 19 525 with creamery and standard classes ranging from 2 1 2 to 32 1 2 while Tiggs reports 24 616 with similar steady levels.

Associates Chicago Creamery

Potatoes Trading Firms See Mild Change In Prices

In Chicago on June 23 the Department of Agriculture reports potato prices with mixed gains and losses. Bliss and Wrights varieties show bids around 2.75 to 2.85 per unit while other grades show modest movement in a generally steady market.

Associated Press Chicago U. S. Department of Agriculture Southern Bliss Wrigmphs

Wall Street steadies after early selling rallying into midday

After an opening selling flare the market turned dull then rallied on short covering. Leading issues such as U S Steel Radio and American Telephone dipped to new lows for the year before recovering with gains of 1 to over 3 points by midafternoon.

Claude A. Jagger Associated Press New York Wall Street Seach U. S. Steel Radio American Telephone Ws Fi Mellon Commission House Harvard Economic Society Federal Reserve Stock Exchange Bethlehem Steel Allied Chemical International Telephone Steel Public Service of N. J American Can Case American Tobacco Westinghouse Electric Consolidated Gas Public Service of New Jersey American Power and Light United Carbon Air Reduction Vanadium Steel

Anger Over Game Law Fine Ties to Killing in Kentucky

In Pike County tensions over a game law arrest flared into a fatal shooting near Nigh Kentucky. Constable W P Damron and state game warden Raymond Bevins were struck during the incident. Five Hunts and related relatives are jailed as investigations continue.

Pikeville Nigh W. P. Damron Pike County Raymond Bevins Charles Will Hunt Perry Hunt Bill Clell Hunt Will R. J. Keel Damron Bevins John Steele Damion Hunts Charles Hunt Steele

Forsythe Sought as Real Killer of Chicago Reporter

United Press reports Chicago detectives hunt James Red Forsythe a Northside gang henchman as the alleged gunman in the Alfred J. Lingle murder amid links to Moran Aiello racketeers. Authorities note Forsythe was described as a potential murderer by a judge last year.

Forsythe Chicago Alfred J. Lingle Chicago Tribune George “Bugs” Moran Joe Aiello James “Red” Forsythe Northside Chiegao Lingle Moran Gang

Markets at a Glance From Associated Press

Markets at a Glance reports New York stocks as irregular but supported after new laws, bonds and currencies firm with the Spanish peseta up six points, and commodities uneven with cotton weak, sugar easy, coffee down on Brazilian markets, and farm commodities mixed including firm Chicago wheat and firm corn while cattle and hogs side with losses.

New York Chicago Wall Street Winnipeg

Wheat Prices Plunge in Chicago Market Slump

Sharp breaks pushed wheat below 90 cents a bushel as selling dominated, with futures hitting new lows not seen since 1914. Corn and oats also fell with provisions, while later them recovered, wheat closing irregular, corn up and oats and provisions mixed.

Chicago

Closing Stock Prices Mirror Industrial Mix

A scan of market lines shows varied closing prices for firms across chemicals, manufacturing, energy, and rail sectors. Notable names include American Can, American Locomotive, Bethlehem Steel, Canadian Pacific, Chesapeake & Ohio, Chicago & Alton, Union Pacific, Montgomery Ward, Northern Pacific, Paramount Publix, Phillips Petroleum, Radio Corp of America, Sears Roebuck, Southern Pacific, Standard Oil affiliates, and Texas Corporation with mixed gains and declines.

Allied Chemical & Dye American Can American Car & Foundry Aecnyy American & Foreign Power American Locomotive American Smelting & Refining American Tobacco Anaconda Copper Atchison Atlantic Coast “Line Atlantic Baltimore & Ohio Bethlehem Steel Canadian Pacific Chesapeake & Ohio Chicago & Alton Chicago Great Reetnlannbeic Tate Ee Col Gas & Electric Tae Consolidated Gas Galf Mobile & N Wo Ikea Witamst Coder Missouri Pacific Montgomery Ward Northern Pacific Paramount Publix Peasee Aoctaides Ae Phillips Petroleum Radio Corp of Am Sears Roebuck EE Srekteas Een Bichete Southern Pacific Southern Railway Texas Corporation Peathe Ai Cate OOAS

Mississippi blue law rouses new statewide interest

In Natchez on June 23 the blue laws drew wide attention as theatres shut Sunday shows after an ouster suit by Attorney General George Mitchell against Publix Theatres Co. Inc. Orders from New Orleans cancelled Sunday programs in Natchez Vicksburg Greenville and Biloxi. Several theatres had violated laws and paid fines. the suit seeks to bar persistent violations.

Natchez Miss Mississippi George Mitchell Publix Theatres Co., Inc New Orleans Vicksburg Greenville Biloxi

Defense Wins Judgment in So-Called Love Suit

Judge J. T. Shell awarded judgment for the defendant in a suit by Mrs. Mattie Dehmer against John A. Hemler, 70, seeking 25000 for personal injuries. The case, dubbed the love suit, claimed Hemler attempted to kiss her while visiting to collect rent at a house he owned, re-opening a prior wound and causing nervous distress.

J. T. Shell Mattie Dehmer John A. Hemler

Plea in Liquor Case Sentences Hattaway to 60 Days

J. M. Hattaway pleaded guilty in district court to possessing intoxicating liquor. He was sentenced to 60 days in jail and a $500 fine or six months extra in jail.

J. M. Hattaway

Denies Intervention in Railroad Receivership

Federal Judge George A. Carpenter refused a bid by Charles Clay Briggs and the Alton corporation to intervene in the Chicago and Alton railroad receivership. Briggs argued bonds issued since 1922 should be voided, citing $40 000 000 in profits to eastern bankers. The judge noted the long lapse of years as a reason, and Briggs said he would appeal.

Chicago George A. Carpenter Charles Clay Briggs Alton Corporation Bay St. Louis Miss Chicago and Alton Railroad Eastern Chicago and Alton Briggs Carpenter Benjamin Wham United States Circuit Court of Appeals

Cotton seed oil prices steady in New Orleans market

In New Orleans on June 23, cotton seed oil closed steady with prime summer yellow at 7.00 and prime crude 6.50 to 6.75. Futures quoted for several months ranged from January at 7.3 to December at 7.34, with June at 7.4.

New Orleans New York

Call Money Rates Steady Across Short Terms in New York

Call money remains steady at 2 1/2 percent all day in New York. Time loans show firm rates for 30 to 60 days at 2 1/2 to 3, 90 days 2 1/2 to 2 3-4, and 4 to 5 months 2 3-4 to 3-1/4. Prime commercial papers quoted 1-2 to 3 with bankers acceptance unchanged across 30 to 60 and 4 to 6 months.

Foreign Exchange Rates in New York Markets

June 23 New York foreign exchanges firm with Great Britain at 4.8511-16 dollars per pound and France at 3.921-2, Italy 5.231-8, Belgium 13.95, Germany 23.831-2, Norway 26.751-2, Spain 11.70, Greece 1.293-8, Brazil 11.25, Tokyo 49.40, Shanghai 36.511-4, Montreal 100.061-4, with Great Britain in dollars and others in cents.

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

Livestock market report Chicago June hogs and cattle prices

Chicago market report shows 45 000 hogs with direct sales and price ranges across weights. Cattle offerings total 13 000 with calves unmarketable and weak undertone. slaughter classes and varied steers and fed yearlings priced by weight. Fat lambs steady to 15 lower. ewes and lambs priced in steady to lower ranges.

Chicago

Produce Prices and Deliveries Reported in New Orleans

Nearby produce remained plentiful in New Orleans with diverse prices. Okra $2.59-$3.00 per bushel, butter beans $1.00-$1.50, snap beans around $0.75, cucumbers $0.75-$1.25, peppers $0.40-$0.60, squash $0.15-$0.25, tomatoes $0.25-$0.60 per 30-lb box, eggplant $0.40-$0.60 per dozen, celery $0.25-$0.90 per stalk, cabbage $2.00-$2.50 per cwt, Louisiana potatoes $2.00-$3.00 per 100 lb, garlic varying by size, peaches $3.25-$3.50, cantaloupes and pineapples up modestly, apples $3.25-$3.75, Bing cherries $3.75 per 15 lb box, Florida watermelons $0.70-$0.80 each.

New Orleans Louisiana Mississippi Cuba Washington Florida

Sugar Prices Steady Amid Liquidation In New York

Raw sugar held steady after 30 000 bags of Cuban moved through Norfolk to an outport refiner at 3.24. July futures opened lower on liquidation and Cuban selling, then rallied briefly before sliding again. Refined sugar remained 4.60 to 4.70, with good withdrawals but no new business, while total futures sales reached about 77 650 tons.

Viated Presa New York Norfolk London

Picked Wrong Day to Take Out Insurance

Samuel Smith sought insurance but the policy never became effective after a fatal accident tied to a salary deduction. The Arkansas Supreme Court ruled the insurer was not bound to the contract, leaving the policy inactive.

Little Rock, Ark Samuel Smith Smith State Supreme Court

Soviet Strength May Surpass Western Capital, Dreiser Says

Theodore Dreiser, quoted by Izvestia, predicts the Soviet Union could overshadow Western capital in importance soon. He opposes any war against the USSR and notes its growing economic and political power, contrasting US oligarchies with Soviet strength.

Associated Press Moscow Theodore Dreiser Izvestia Russia International Bureau of Revolutionary Literature Soviet Union United States

Plan to Break Ground This Week for Hotel Frances

Ashton Glassell of Shreveport plans to break ground this week for the new Hotel Frances at the corner of Jackson and Harrison streets. Excavation and pile driving will start, with construction expected to proceed rapidly.

Ashton Glassell Ashton Glassell Company Shreveport Frances Jackson and Harrison Streets

Senate Appropriations Panel Approves Second Deficiency Bill

The Senate Appropriations Committee approved the second deficiency bill including a 10.66 million dollar Boulder dam appropriation. Chairman Jones said he would seek Senate consideration tomorrow despite protests from Senators Hayden and Ashurst of Arizona who intend to fight the allotment on the Senate floor.

Washington Senate Appropriations Committee House Boulder Dam Jones Senate Hayden Ashurst Arizona

Powder Puff Heist Triggers Man Hunt and Shooting

In Valley Center Kansas a burglary wake up incident led to a man hunt. Miss Bertha Robinson awoke to a musical powder box as a burglar stole a powder puff. Marshal Harve Ogden chased the suspect near Wichita, recovered a watch, but was shot in the leg when the robber seized the marshal's gun.

Valley Center Kas Bertha Robinson Harve Ogden Ogden Wichita

Hottest Night Of Year Reaches 76 Degrees

The season’s hottest night was recorded last night with temperatures not dropping below 76 degrees. Miss Kate Key, the government weather recorder, notes a prior hot night reaching 74 degrees on Saturday. Today marks the ninth day of hot weather and the sixth day with official temperatures at 98 degrees or higher.

Kate Key Government Weather Recorder Ouachita Natural Gas Company Miss Key Gas Company

House to Probe Communist Propaganda Plans

Representative Bachmann said the House Communist Propaganda Committee would investigate Berlin reports of American communists planning propaganda next September. Hearings tentatively set for July 15 in New York with Amtorg Trading Corp. reps, and planned sessions in Chicago Cleveland and possibly the west coast. Sessions will probe sources of funds and Soviet influence discussed in earlier hearings.

Washington Bachmann West Virginia House Communists Committee Berlin Fish New York City Amtorg Trading Corporation Chicago Cleveland New York Labor Daughters of the American Revolution

Legionnaires Plan Moonlit Trip on Ouachita Steamer Tonight

Members of Leonidas Barkdall Faulk Post No. 13 and friends will take a moonlight excursion aboard the Ouachita. The boat leaves G. B. Cooley's wharf at 8 o'clock and the West Monroe side at 8 30. Music and dancing will accompany the trip, said post commander Joe Trammell, who invites legionnaires and families to attend.

Leonidas Barkdall Faulk Post No. 13 American Legion Ouachita G. B. Cooley West Monroe Joe Trammell

Two New Saints Placed On Catholic Calendar

In Vatican City on June 25 the Catholic Church canonized two new saints. Blessed Lucy Filippini, founder of the Filippini Sisters with a mother house in Trenton New Jersey, and Blessed Catherine Thomas, a Spanish nun, were elevated at yesterday’s ceremony in St Peter’s Basilica. The move came a week before North America’s first eight missionary saints are to be named at a similar ceremony.

Vatican City Lucy Filippini Filippini Trenton N. J Catherine Thomas North America St. Peter’s Basilica

Burns files for Tennessee Senate bid in Democratic race

Nashville June 23 Representative Joseph W. Burns of Tennessee's sixth district announced he is a candidate for the Democratic nomination to the United States Senate.

Nashville Tenn Joseph W. Burns Tennessee United States Senate

Babe Ruth Hits 24th Home Run of Season in Twinbill

June 23 New York report notes Babe Ruth belted his 24th homer in the second inning of the first game of a double header between the St. Louis Browns and the New York Yankees. He greeted starter Jim Kimsey with a drive to right field bleachers.

United Press New York Babe Ruth St. Louis Browns New York Yankees Jim Kimsey

City of Monroe Schedule Acknowledged By P A Poag

Secretary treasurer P A Poag of Monroe Louisiana lists dates May 21 24 27 30 and June 25 9 12 16 19 23 28. The notice outlines upcoming city financial or administrative action with listed days.

P. A. Poag Monroe Louisiana

Obituary of James Weeks 41 dies in Alto accident

Funeral held in Shreveport for James Weeks driller's helper killed when struck by hoisted iron piping. He was employed by the Louisiana Gas and Fuel Corp. He is survived by wife, father R. L. Weeks of Jonesboro and siblings W. T. Weeks Monroe W. E. Weeks Jonesboro Mrs. M. E. Hunt Shreveport Mrs. A. W. Walker Mrs. Pearl Smith Goldona.

James Weeks Alto Shreveport Louisiana Gas and Fuel Corporation R. L. Weeks Jonesboro W. T. Weeks Monroe W. E. Weeks M. E. Hunt A. W. Walker Pearl Smith Goldona

Funeral services for Mrs Minnie B Fleming in West Monroe

The funeral for 54 year old Mrs Minnie B Fleming was held at her home 605 North Sixth Street West Monroe at 2 p m. Burial followed in Cheniere She is survived by her husband Andrew J Fleming

Minnie B. Fleming North Sixth Street West Monroe Cheniere

Funeral services for Mrs. H A Singleton held in West Monroe

Funeral services were held today at 10 a m at the Assembly of God tabernacle on Cypress street West Monroe for Mrs H A Singleton who died yesterday after a lingering illness at her residence 704 Col man avenue West Monroe Rev E L Tanner officiated Burial was in Monroe city cemetery Surviving are the husband H L Singleton and six children W A Singleton Brownsville E J Singleton West Monroe Mrs E Cardeau Leesville Mrs Mkh Fauley West Monroe Mrs W E New Mobile Ala Mrs C L Baggett Alexandria

Assembly of God Tabernacle Cypress Street West Monroe H. A. Singleton Colman Avenue E. L. Tanner Monroe City H. L. Singleton W. A. Singleton Brownsville E. J. Singleton

Infant Miriche Dies Shortly After Birth

The infant child of Mr and Mrs Louis Miriche died at the family residence 806 Breard Street last night shortly after birth. Burial is planned this afternoon in the local Catholic cemetery.

Louis Miriche Breard Street

Mrs Annie Burt Dies After Long Illness In Crossett Ark

Mrs Annie E Burt aged 48 died this morning at a local hospital after a long illness. Funeral services will be held tomorrow morning at her Crossett home with burial in a Monticello area cemetery. She leaves her husband W S Burt and two children.

Annie E. Burt Annie FE. Burt Crossett Ark Monticello W. S. Burt

Also Mentioned on This Page

Fenner & Beane Wires R. E. Flowerree & Co Kentucky Chicago Grain Foreign Exchange Ed Preas N. C Committee Wier Rome Bimbo Heaven Eyes KerOt Bim Scooge Carlos Ihwe Courtney Babe Homer Quachita Parish J. W. Smith & Associates Architects Ouachita Parish Ouachita Parish School Board T. C. Brown J. W. Smith J. W. Smith and Associates Eix City of Infant Miriche Corry-Davis Pat_ OM
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