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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 28, 1927
Page
8
New Orleans report notes July notices in New York paused and cooler weather forecasted. Shows steady prices with July at 16.65, October 17.08, December 17.25, exports 13,428 bales. cotton futures end up 25 to 27 points.
In New York today trade showed willingness to accept July contract deliveries at discounts, prompting covering by recent sellers. July rose to 16.70 from 16.40, December to 17.26, with mid afternoon quotes near best and net advances of 19 to 22 points. Opening figures listed January 17.12, March 17.33, May 17.42, July 16.40, October 16.82, December 17.05.
Cotton spot market shows fair demand with prices steady. American grade quotations include strict good middling 10.04 and middling 8.99, with sales of 10,000 bales and 4,500 American. Receipts total 6,000 bales. futures closed steady at July 0.83 and October New Orleans -0.15.
Wheat and corn moved modestly as traders weighed profit taking after rapid advances. Wheat closed firm slightly up, corn turned lower from early gains, oats eased and provisions mostly fell. Prices for July and September contracts showed small shifts across grains and oats.
The Associated Press reports cotton seed oil in New York closed steady with prime summer yellow at 9.00. Futures for January 10.05, July 9.10, August 9.47, September 9.62, October 9.87, November 9.88, December 10.01 with sales totaling 37,500.
Morristown Pa. Capt. George Zinn, once a tennis standout, has remarried his former wife Mary Hassall Cameron of Richmond Virginia who he divorced thirteen years ago. He had divorced his second wife three months ago.
New Orleans reports a rally as prices gain about 1.50 per bale amid forecasts of more rain and tenders failing to unsettle values in New York July contracts. Weather, weevil infestation and acreage loss in Texas and Oklahoma drive bullish sentiment, with buyers counting on warmer, drier conditions to protect fields and reduce weevil damage.
New York June 28 stock activity turned sour after an opening strength with early gains of 1 to 3 points. Bear raid hit amusement shares while many issues fell to new yearly lows. several names such as Fox Film A and Paramount Famous Players faced notable losses. Total volume around 1.4 million shares.
Washington reported the assassination of Robert Howell American citizen and Mateo Boyd company president in Los Machis Sinaloa State. The Chinese killer is jailed. motive cited as money disputes. U S consul Mazatlan asked the Mazatlan governor to act immediately.
L. K. Williams of Patterson and a St. Mary parish committee call a Baton Rouge meeting for tomorrow at 11 am to urge Atchafalaya basin representation before the army engineers on Mississippi river outlets. They want parishes from the basin included alongside New Orleans in presenting concerns.
Sheriff Milton Coverdale announced that the tax payment extension for parish and state taxes expires at midnight June 30. Unpaid taxes will be advertised the next day with penalties for those who fail to pay, urging timely settlement to avoid extra costs.
San Francisco observer says July to September brings stable conditions for the San Francisco to Honolulu route with a favorable tail wind after 200 to 400 miles. He warns navigation error can miss the destination and notes cyclones can be forecast to avoid departures.
Washington on June 28 reports say the army plans a trans oceanic flight with no naval or Shipping Board aid. The mission is treated as a scientific test with secret preparations and no formal ship lines to insure safety in case of forced landing. Pilots Maitland and Hegenberger aim for a major advance in long distance air travel.
Sir Gerard Arthur Maxwell Wiltshire pleaded guilty to assaulting Miss Jean Olds an employee of a London hairdressing establishment. He was sentenced to six months imprisonment without hard labor after an automobile ride to a lonely wood near Maidstone where she was stripped and tied to a tree.
J. R. Lanier and wife of Tide La sue Missouri Pacific in Colfax district court for 31200 damages after their daughter Virginia Lanier died in a grade crossing crash at Selma La on January 13. Also killed was Mrs T L Watson of Selma. Virginia was a Selma High School student.
Oregon becomes the first state to enact a presidential preference primary law signaling a shift in how voters influence party nominees. The measure establishes organized primary voting for selecting delegates and shaping national campaigns.
Alexandria June 28 the death warrant for John Schmidt 38 convicted slayer was received today by Sheriff L M Davis of La Salle parish at Jena Schmidt was found guilty of killing Ada Jolly 14 his stepdaughter at Rinehart last August 20 Governor O H Simpson fixed Friday August 19 as the date for Schmidt to hang Efforts seek commutation to life imprisonment or institutional confinement for the insane Doctors Thomas and Cooper express doubt of Schmidt's mental responsibility A conference with Judge Jones is sought by the German consul attorney and a clemency appeal hinges on the judge's recommendation
Willacy Cameron and Hidalgo counties in Texas report eradication of the Morelos Mexican fruit fly after rapid grower action. State entomologist R. E. McDonald says hosts were removed by picking all ripe fruit and a yearly starvation period will continue until the pest is gone. Federal officials are satisfied.
I. J. Wiggins twenty five year old mill worker sustained a severe injury to his right thumb at the George F E Breece Lumber Co plant when his thumb slipped into a revolving saw. He received treatment at Riverside Sanitarium and doctors hope the thumb can still be saved.
New York reports a couple plan a European honeymoon after their July 26 marriage at Grand Anse Quebec. They will depart aboard the Olympic from New York on August 1.
Rev M E Weaver of the First Baptist church of West Mon roe calls a big Wednesday night gathering at 8 o clock for charter member involvement in church incorporation. A morning fire at 526 damaged papers and rags in a Twelfth and Pine street property, insured, causing about 25 dollars in loss. volunteers extinguished it and no one harmed.
In police court J K Handley faces $100 or 100 days for possession of liquor and $100 or 100 days for Hood bill violation. N C Brown J A Barnes and M J Hartman fined $5 or 5 days for traffic offenses. Billy Hudson 80 days for drunk and disorderly conduct. D Green and A C Shaw $25 or 25 days for gambling. Harry Gant Henry Chambers John Jones James Walker Joe Smith George Roberson Josh Barr and others fined $25 or 25 days for gambling.
Camp Fire Girls report pool ready and Camp Ki Ro Li being prepared for Camp Totems as registration closes July 4. Members met Wednesday at 4 pm with guardian Miss Anna Joyner and assistant Mrs Miller to finalize plans for a candy and cake sale. Hazel Bunn Reporter.
Reporters estimate that Chinese practices of burning small pieces of gold leaf on certain anniversaries cause about ten million dollars in gold to be destroyed each year. The counts rely on observations of ritual offerings and cultural customs observed in several regions.
Storms and gale risk loom over Byrd expedition as experts favor a southern trans Atlantic route via Bermuda and the Azores. Meteorologist James H. Kimball warns northern routes face persistent storms while Byrd contemplates a Paris flight with possible return across the Atlantic.
Brownwood Texas June 23 Charles Jasper and Jim Garitin were sentenced to 20 years in the penitentiary for robbing the First State Bank at Zephyr on June 14. They confessed and $1055.45 was recovered.
Ernest L. Smith, pilot of the civilian plane, signaled a goodbye handshake to Lieuts Maitland and Hegenberger as the two planes prepared to take off for Honolulu. The moment marked the start of the planned air journey with the army and civilian crews expected to follow.
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