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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 29, 1927
Page
5
Cotton prices eased after a morning rise driven by weather and crop reports with bearish official forecasts. Exports reached 6,224 bales, spot cotton closed 11 points lower, and futures ended 11 to 15 points down with January and March trading near 17.3 and 17.4 cents.
In New Orleans June 29 the cotton market held steady early, then eased mildly due to some liquidation and selling amid expectations of fair weather. An eastward shift of a westward-moving high could bring rain, while the Weather Bureau notes mostly dry conditions with scattered showers in parts of Texas Louisiana Georgia and Florida. The weekly outlook cites good crop growth but grass-related weevil and sunshine shortages, with prices unlikely to move without further wet spells.
The Associated Press reports New York cotton trends down after heavy buying the previous day. October contracts fall to around 16.99 cents amid broad market declines of 9 to 13 points. futures end barely steady, midafternoon around 16.95 cents.
Liverpool June 29. Cotton spot market shows steady prices amid firm demand. American grades range from strict good middling 10.16 to good ordinary 7.61 with 8,000 bales sold, including 4,700 American. Futures closed steady with July 9.1 and March 9.27.
Chicago grain markets opened with sharp early down turns as corn fell 1 4 to 2 1 4 cents, later closing 17 to 23 8 cents lower. Wheat, oats, and provisions followed similar declines with broad losses across the board amid bearish weather signals and filibuster news.
New York June 20 report shows cotton seed oil closing steady with prime summer yellow at 9.10 and prime crude at 9.00 per hundredweight. July at 9.14 August 9.49 September 9.65 October 9.55 November and December 6.96 January 10.01 amid sales totaling 7 900.
In Chicago on June 29 poultry sectors show active hens and broilers with varied receipts. Butter prices rise with 9 514 tubs received and standard grades listed. storage packed firsts noted amid a somber regional mood and a mention of a controversial plant in India linked to tainted meat concerns.
June 29 New York stocks show uneven action with industry rising while rails soften on weak traffic and earnings. Call money renewal rate dipped from 5 to 4 12 percent pushing sentiment to the long side. Major rails dropped near 3 points. Baldwin reduced capacity. various firms hit new highs and lows. total volume about 1,400,009 shares.
Mrs. A Gobble aged 45 of 2211 Levers Lane died after a short illness following a move from Monroe around May 3 due to high water. Burial was at Clarksville after services at a stander. She left Monroe to visit her husband John Hooper at Stand Standard and died at her sister’s home in Aered. She was survived by distant relatives and a wide circle of friends.
Mrs J W Richardson aged at her home in Ruston La died Monday evening. She was a member of the church and survived by four daughters. Funeral and burial details were planned with Rev E McFadden officiating at Wilder Cemetery.
June 29 agriculture bulletin notes generally favorable conditions across Atlantic states with warmth aiding growth and sunny days aiding outside work. In the southeast rainfall slows cultivation but soil moisture remains ample while Florida faces dryness in spots. Weevils appear in several belts and rains hinder lower Mississippi valley cultivation, yet growth remains fair to very good overall with Florida citrus showing improvement.
Beouf River flood area surveyed by Dr. John L. Kelly finds deplorable sanitary conditions and widespread malaria due to unscreened homes and lack of fresh vegetables. Diarrhea affects many families while cotton and corn yields are severely damaged by cutworms. Red Cross aid and Palmer Oil plans noted. no public work available.
Olla is described as leading north central Louisiana towns with growth. Western Union plans an office at the Juanita hotel building while sidewalk work for 2,000 feet is contracted. A brick building and city hall near completion signal civic development. Waterworks advertising and a model residence city outlook augment prospects as Grayson Oil drills at 2,140 feet in Caldwell Parish.
Court records show W. Buchanan, Mrs. L A King, Earl Moore, and Mrs. G O Evans cited for traffic violations with 36 or 5 days sentences. W KR Johnson faces 315 or 16 days. W AL Simmes and HH jiaddad listed with 87 50 or 712 days. A Childs received 49 days for dangerous suspicious behavior. An oak typically lives about a thousand years.
At Sharp Station on the Baton Rouge Hammond and Eastern line a car carrying six collided with a passing locomotive. Helen Phillips 13 and Warren David 15 died. Elsie Phillips 15 and Lucille Kean 14 were seriously injured along with Lamar Woodward 14 and John Kean. The car’s driver, 16, said he could not stop as the train approached at 40 to 45 mph.
City police officer A S Keller will spend part of a ten day vacation in New Orleans. Foster Steen visits Spaulding from Florida where he works for the U S Immigration department and plans to return around July 12. Rev N F Vandegaer marked the silver anniversary of his ordination at a Kiwanis Hotel Monroe meeting. A small fire at 11 56 a m at 806 Benton avenue damaged wallpaper when a gas stove ignited paper. fire was extinguished by a small pump and loss is insured. The home is owned by the estate of Peter Palma.
The first all day agricultural meeting in Guad parish in two months is set for tomorrow at the Calhoun experiment station grounds. W R Dodson dean of agriculture L A will attend to discuss Experiment Station Work and Results. C G Fox will cap demonstration. Mrs Jewel McQuiller will show poultry culling. E R Strahan will speak on Insect Control and Late Planting. The program includes club work for boys and girls and a North Louisiana Fair directors meeting with noon picnic on the grounds.
About 150 Louisiana Rural Carriers are due for the annual Louisiana State Rural Carriers association session in Ruston with lunch at Memorial Park and Friday events featuring Postmaster Sam L. Barksdale and Rep. Riley J. Wilson. Local officials and visiting carriers tour Winnfield and Ruston sites.
Damages totaling 15000 are requested from the city of Monroe in a district court suit filed by Pat Lawn on behalf of his son George Lawn 16 alleging a stray service wire under 18 feet high caused the boy to fall from a cotton truck on Grand street April 28 1926. He suffered two skull fractures and was in a sanitarium at least 28 days. The petition claims negligence for the wire height and seeks 5000 for pain and 10000 for permanent disability and loss of earning power.
Ruston announces the first crate of 1927 cantaloupes shipped by J. T. Wilton, secretary of the Lincoln Parish Truck Growers association. The crate brought 3.50 per crate of 27s and 6s, with C. A. Hodges of El Dorado the buyer. Carload shipments begin about July 6 per Mr. Hilton.
Washington June 29 Wide spread shakeup in the personnel of the operating division of the Southern Railway was announced. About 30 officials, mainly superintendents and general superintendents, will take effect July 1 to better supervise and improve efficiency across the system.
The America took off from Roosevelt Field bound for France with Byrd and crew aboard amid weather delays. Kinkade revealed he planned to stow away but rejoined after the tea tin weighed them down. supporters expect a successful journey despite headwinds off Newfoundland.
Spectators press the incline as Byrd and crew prepare for a takeoff toward Paris. Despite threatening rain and sarcastic letters questioning delays, the plane lifts, engines unhooded and the craft roars forward, signaling the start of the world flight.
Aloha welcomes marked the return of Maitland and Hegenberger after a bold trans Pacific flight to Honolulu. Colonel Howard praised the crew while noting radio beacon failure and reliance on their compass. A patrol squadron then scouted the Diamond Head area in search of the aviators amid storm and low visibility.
Crowds fill Hawaii streets awaiting the Maitland and Hegenberger Fokker flight. Army officials fix bayonets to control spectators while searchlights sweep the sky and rain slicks the field. A false report of a landing earlier in Honolulu prompted a swift AP correction.
Logan, brother-in-law of the slain man, claims he shot DeLoach four times after finding him with Logan's wife on a highway south of Monroe. He surrendered to the sheriff and the motive given is domestic difficulties. DeLoach was a rate clerk for Missouri Pacific and once lived in Shreveport. Logan resides at 310 North Fifth Street.
The explorers praise Lindbergh s Paris flight and note they follow his lead to advance aviation. They acknowledge fate in flight and stress careful preparation while describing three engined plane challenges and Wanamaker and Whalen as key backers.
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