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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 29, 1927
Page
23
After early advances of 10 to 11 points the market fell 13 to 14 points as weather and crop outlooks pressured prices. Exports reached 6,224 bales and spot cotton closed 11 points lower. Futures ended the session down 11 to 15 points with mixed notes across contracts.
The New York cotton market eased after heavy buying the day before as demand slowed and favorable weather fueled selling. October futures fell to around 16.99 cents, with most contracts down 9 to 15 points, and the market closed barely steady.
Liverpool reports steady prices across cotton grades with 8,000 bales sold and 4,000 receipts. American grades show strong figures from strict good middling to good ordinary, with futures closing steady including July 9.91 and January 9.91.
Chicago on June 29 reports sharp early declines in corn despite better belt weather. Wheat edged lower, oats eased, and provisions sagged with mixed closing for corn 1 7 to 2 3 8 down and wheat 1 1 8 to 17 8 down.
Cotton seed oil prices hold steady in New York with primes at 9.10 for summer yellow and 6.25 for crude. Futures climb: July 9.14, August 9.49, September 9.65, October 9.45, November 9.87, December 9.96, January 10.01. Total sales 7,900.
Associated Press notes steady live hens and varied poultry receipts in Chicago market. Butter prices rise with abundant creamery exports while yolk and storage figures show mixed dairy and egg movements. A Brittany mourning hue and India's carrion plant scent are briefly mentioned as curiosities.
New Orleans reports cotton prices steady in the first half trading session before a moderate decline on liquidation and reaction selling. Weather forecasts show generally fair conditions with showers in eastern Texas and parts of the Deep South, while a westward moving high may soon shift to the east.
June 29 The trading day showed uneven results with industries edging higher while rails softened. Call money renewals fell from 5 to 4 1 2 percent boosting confidence on the long side as rail shares dipped due to weak traffic and earnings. Several stocks hit new lows while others advanced to fresh highs amid mixed earnings and price movements.
Mrs. A Gobble aged 45 of 2211 Levers Lane died after months of illness. Funeral Monday with burial at Clarks. Survived by husband, no children. She left Monroe around May 1 to visit sister Mrs John Hooper in Standard, fell seriously ill, treated in Alexandria, then returned home where she died. Many relatives and friends grieved in Monroe.
Mrs J W Richardson aged 65 died suddenly at her Ruston home Monday evening. She leaves a husband two sons Thelma H Richardson cashier of Citizens Bank and Trust Ruston and E F Richardson principal of Montgomery La schools four daughters Mrs Charles Simonton Mrs Myrtie Tarburton both of Ruston Mrs Georgie Johnson Montgomery Mrs Jessie Gillard wife of Dr Oscar Gillard Delhi. She was a member of the Presbyterian church. Burial was in Wilder cemetery with Rev E McFadden officiating.
The Agriculture Department reports generally favorable crop conditions for the past week. Warmer days aided growth in Atlantic and southern states, with some rain helping soil moisture. Weevils pose localized damage in the southeast and Mississippi valley, while Florida shows improved citrus.
Beouf River flood area surveyed by Dr. John L. Kelly reports deplorable sanitary conditions and widespread malaria. Mosquitoes abundant and homes unfenced. no fresh vegetables leading to diarrhoea. Crop losses due to cutworms. no public work. Red Cross aiding with medicines and services. Palmer Oil to begin operations near Darnell in West Carroll parish.
Olla, June 29. The town leads the region with Western Union opening an office in the Juanita hotel building. J. B. Gillham to build 2,000 feet of sidewalk and E. B. Randall to let a brick business building contract. City hall near completion. $22,000 waterworks bonds offered for sale July 14. Grayson Oil operates in Caldwell parish drilling at 2,340 feet.
W. B. Buchanan, Mrs. L. A. King, Earl Moore and Mrs. G. A. Evans faced traffic violations with penalties of $5 or 5 days. W. R. Johnson was fined $15 or 15 days for a traffic violation. W. D. Simmes and H. Haddad were charged $7.50 or 7 12 days. A. Childs received 40 days for acting in a dangerous and suspicious manner.
An average oak tree tends to live about a thousand years. This large, long living species shows slow growth and resilience across centuries in various climates and terrains.
A Baton Rouge crossing accident at Sharp Station on the Baton Rouge Hammond and Eastern railroad killed two children and left two others critically injured along with two with lesser injuries. The dead are Helen Phillips 13 and Warren David 15. The critically injured are Elsie Phillips 15 and Lucille Kean 14. Others hurt are Lamar Woodward 14 and John Kean. The car struck the engine as the train approached 40 to 45 mph. driver says he could not stop.
An all day agricultural meeting at the Ouachita parish experiment station grounds in Calhoun is set for tomorrow. Dean W R Dodson will discuss Experiment Station Work and Results. C G Fox will present capan demonstration. Mrs Jewel McQuiller will show poultry culling. E R Strahan will cover insect control and late planting procedures.
Flo Ziegfeld selects three blondes three brunettes and a red head as Iowa University top beauties. Bernice Richardson of Perry wins a place in The Hawk Eye yearbook for the third year running. Elizabeth Janse Luverne Susan Hawley Fort Dodge and Jean Harrison Cedarids noted for their hair colors with Missie Lew keeping unbobbed hair.
Officer A S Keller departs for New Orleans on a ten day vacation. Foster Steen visits Spaulding from Florida to resume duties with the U S Immigration department around July 12. Kiwanis Club at Hotel Monroe hears Rev N F Vandegaer mark the twenty fifth anniversary of his priestly ordination. A fire at 306 Benton avenue caused by a faulty gas stove caused minor wall damage but was extinguished. loss insured. The home is owned by the estate of Peter Palma.
About 150 rural carriers from Louisiana are expected for the Louisiana State Rural Carriers association session in Ruston, with a Friday program featuring Postmaster Sam L Barksdale and Congressman Riley J Wilson. A local welcome by H L McKnight opens the events, plus musical performances and carrier self introductions.
Pat Lawn, father of 16 year old George Lawn, sues Monroe city for 15000 in district court. The boy was riding a cotton bale truck on Grand street when a Faulk Brothers wire at 11 feet struck him, causing two skull fractures and permanent disability. The suit alleges city negligence for wires at insufficient height.
Ruston begins 1927 cantaloupe shipments with J R Hilton of Lincoln Parish Truck Growers association delivering crates at 3 50 per crate of 27s and 36s. Buyer is C A Hodges of El Dorado. Additional carload shipments planned for about July 5.
A wide reallocation of about 30 Southern Railway operating division officials takes effect July 1. H. H. Vance becomes general superintendent Alabama district Birmingham. B. G. Fallis general superintendent St. Louis-Louisville district. R. D. Tobien engineer maintenance of way Birmingham. H. E. Tyrrell engineer maintenance of way St. Louis. D. B. Nolan superintendent transportation Macon GA with large territory. C. Chandler superintendent transportation Chattanooga with jurisdiction Cincinnati New Orleans and Texas Pacific.
Kinkade left the Byrd party after discarding gear and a five pound tin of tea, deciding to stay behind to farewell the America and pursue a possible Paris leg aboard the President Harding. Byrd pressed on with Acosta and Neville while spectators debated the perilous Atlantic hop and weather conditions.
At Wheeler Field Oahu a squadron of 12 planes joined veterans Maitland and Hegenberger as they landed to cheers after the daring crossing from California. The pair credited a radio beacon and compass for guiding them, despite a failing Mauai beacon and poor weather en route.
Edmund J. Moffett, a backer of the Smith-Carter flight to Honolulu, said he remains interested following yesterday’s delay caused by a broken window in the pilot’s cabin. He expects a conference today with five or six candidates for the navigator position.
At Wheeler Field Hawaii on June 29 crowds gathered to see Lieuts Lester Maitland and Albert Hegenberger land a long awaited Fokker return. Gov Farrington Major General Smith and Capt Lowell Smith forecast a successful flight as rain drenched the field and the 21st Infantry band played to temper the wait.
Washington report claimed that Maitland Hegenberger's plane had landed in Honolulu before 11 am Washington time. Officials at air corps headquarters warned the error spread by a sighting near Hawaii of a plane mistaken for the Pacific fliers. The Associated Press later confirmed the plane had not yet been sighted at Honolulu.
Side, brother-in-law of the slain man, killed DeLoach after discovering him with Logan's wife. Domestic trouble cited as cause. Logan, an interior decorator of 310 North Fifth Street, surrendered to the sheriff after four shots killed DeLoach, a Missouri Pacific rate clerk formerly in Shreveport. DeLoach had pursued Mrs. Logan for some time.
A pioneer aviator credits preparation and fate in a multi engine test flight. The note honors Lindbergh and Chamberlin while stressing cautious progress, resilient backing from Rodman Wanamaker and Whalen's tireless support amid fatal crash histories and high loads.
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