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This newspaper page contains 27 articles. Subscribers can read the full text of each article.
Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 26, 1928
Page
4
In New Orleans on June 26 traders report steady cotton values with futures advancing modestly due to speculative demand and unsettled weather. Exports for the day reach 8 798 bales while spot cotton closes 54 points higher with mid and good middling prices around 21 42 to 22 72.
New York June 26. Cotton market advances amid ongoing buying, aided by crop and weather news. Active months climb about 32.50 a bale from yesterday, with October around 22.30, as futures finish the day 40 to 46 points higher and spot steady at middling 22.50.
Liverpool reports quiet steady futures with American cotton leading activity. Quotes show American strict good middling 12.43 and middling 11.93, with sales at 5,000 bales including 4,300 American and receipts of 12,009 bales. Futures settle July 11.51 and later dates around 11.29 to 11.23.
Chicago June 26 Batter unchanged receipts 19 729 tatbs Eggs lower receipts 22 199 cases firsts 28 to 28 1 2 ordinary firsts 27 to 27 1 2 storage packed firsts 30
Cotton rose over three dollars a bale at times in New Orleans as forecasts of showers and rising weevil activity lifted sentiment. Traders accepted private weevil data amid weather bureau suppression and anticipated bullish weekly reviews, with strong New Orleans tenders offsetting larger New York bids.
D. T. Ramsey aged 78 died at his home in West Monroe late yesterday afternoon. A native of Alabama he had lived in the parish for many years. Interment was this afternoon at Pleasant Hill cemetery near CroudZant.
In New York on June 26 seven per cent call money reappeared and the market steadied after an earlier surge. Initial advances faded but some gains persisted in industrials, rails, and select specialties. Copper shares rose on Anaconda’s dividend hike while rubber and certain baking and chemical issues weakened.
Chicago grain markets opened with gains as persistent damp weather in the southwest delayed harvest. Wheat traded 3-8¢ up to 1-8 higher, corn and oats also strengthened, with rye showing no sales and barley and other items posting various small moves. Wheat closed 1-2 to 1 1-8¢ higher. corn 1 3-8 to 2 3-4¢ up. oats steady to 3-8¢ higher. provisions unchanged to +30¢.
A listing of closing stock figures for numerous firms including Am Tel and Tel, General Motors, IBM, Standard Oil, U S Steel, Union Carbide, Westinghouse Electric, Chrysler, Ford, and others. The data present per-company percentages and identifiers, reflecting market activity across the period.
Livestock prices show hogs mostly weak with 10 to 20 cent declines and top at 11.05 for 200 to 270 pound weights. Cattle trade strong across grades with steers 1,300 to 1,500 pounds at 13.50 to 14.90 and 1,100 to 1,300 pounds at 13.75 to 15.00. Sheep and lambs active with fat lambs up to 100 higher and lambs 15.75 to 17.15 for 92 pounds.
Liberty bonds in New York on June 26 ended with mixed prices. The 8 1 2s traded at 110.06, first 4 1 3s at 101.10, third 4 1 ds at 100.2, fourth 4 1 48 at 101.28, treasury 4 1 4s at 118.12, and treasury 4s at 108.16.
Poultry in Chicago remained firm with a steady balance as receipts totaled nine cars. Hens and fowls led the day with 25 and 32 units, followed by springs at 29, spring ducks 20, spring Reese 22, and related items.
Market report lists futures for seed oil with closing strength. Prices shown across months including January through December 1930s style figures and varying monthly quotes.
The Louisiana Training Institute band will perform at the Monroe salt water natatorium at 7 30 p m for one hour. Clint Walker directs the weekly event which draws bathers and visitors to the pleasure resort famed for its cool breezes per manager Tucker Hamilton.
H. D. Apgar, superintendent of police, announced an order for 70 new metal signs marking parking times. The city has 19 old signs and 64 wooden ones being made, totaling 153 signs to be placed three or four to a block on both sides. Signs will include one hour and 20 minute markers and zones for hotels, taxis, theaters, and no parking at certain blank street ends.
John Nelson surrendered to the sheriff after fatally wounding Murphy who clung to life despite deep chest injuries. Murphy, who later regained consciousness, said he has a wife in Shreveport and two Wisconsin sons but did not want his family informed. Nelson admits the attack, claiming self defense, as officers hold him pending the outcome of Murphy’s condition.
Thea Rasche and the monoplane North Star, funded by Mrs. James A. Stillman, prepared at Cap de la Madeline, Que. for a non stop flight to Europe. Ul rich Koenemann to co pilot. departure from Hadley field expected to Berlin with fueling completed.
A U S senate committee report argues most building codes are antiquated and not based on science. It says new codes should cut costs, improve safety, attract investment, reduce insurance risk, and raise real estate values, praising city officials for their efforts toward Monroe’s welfare.
In New Orleans the Ginsberg tick eradication measure survived an attempt to indefinitely postpone it by a 65 to 21 vote. Speaker Fournet urged favorable action to allow final passage for Governor Long to reorganize boards as he sees fit. Supporters included J Cleveland Fruge Evangline Stanley McDermott and Dr Harrison Jordan. Opponents warned the bill would politicize Charity hospital, naming Paul E Chazz L L Williams Raoul Hero A P Frymire Frank J Stick and Clinton Hayes.
Walter Cowin aged 26 and his airplane instructor Captain Earl Zimmerman died when their aircraft crashed near the Colorado Springs airport during a flight lesson. Cowin, a draftsman for Interstate Natural Gas Co, had lived in Monroe recently after moving from Clarkesburg West Virginia. He had moved to Colorado Springs to work for Ford Bacon and Davis and was not married.
Edward H. Stern, a New York Stock Exchange member since October 13 1910, was expelled today for unethical business conduct.
The Lions club at a luncheon voted to challenge other clubs and civic organizations to compete in a July 4 boat race. A speed boat will be the official entry as clubs vow to join a hotly contested event. The annual Lions boat ride is set for July 17 with expected pleasure.
Ark senator and others pitched Atlee Pomerene of Ohio and Governor Donahey as strong Democratic options. George L Berry gained momentum after a telegram from Hearst praising him. Utah Senator King and Huston Thompson joined the slate, with Pittman Nevada and Ritchie Maryland also floated. Underwood Alabama named as a desirable candidate.
Senator C. B. Huson of DeSoto rose on personal privilege in Baton Rouge to denounce Governor Long for alleged remarks about the natural gas controversy calling the governor's claim about controlling bills insulting to the senate. Huson said the governor's statements were unprecedented and resented by the senate.
The platform committee wrestles with dry and wet planks as Georgia Texas and Virginia push for stronger enforcement and Volstead modification. Maryland New York and New Jersey back a states rights beverage content change while agriculture seeks broader Farm relief sentiment amid a likely McNary Haugen outcome.
A reporter captures chaotic scenes surrounding the Democratic National Convention in New York. Vendors, crowds, and press staff fill the streets as speculation swirls about Governor Al Smith’s first ballot nomination. The piece blends humor and tense anticipation with quirky anecdotes, including a street donkey banner bearer and lively hotel chatter.
Unclear fragmentary note references Gumps and a vow to climb a high mountain this year plus a casual remark about vacation spending. Names and places are not clearly identifiable in the readable text.
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