05 May 1928
Page 1
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
May 05, 1928
Page
1
The fragment shows mixed numbers like Liver 32 to T3 points and various price-like figures such as 20.00, 20.56, and 20.14. Names, dates, and clear events are absent, making it difficult to determine an identifiable news item or outcome.
Market report shows a close range with limited moves and small interday spread. Prices listed include highs and lows across multiple contracts, indicating a steady session with modest volatility for Cotton futures.
Private reports indicate rainfall in the central belt and prospects of rain in the east. Prices softened after a liquidating move as traders noted favorable weather ahead. Liverpool strength cited from Egyptian cotton gains and American weather worries.
Cottonseed oil prices in New Orleans on May 5 show a steady close with futures for May at 1005, June 1905, July 1010, August 1016, September 1026, October 680, November 1032, and December 1652, with prime summer overlow 985 and prime crude BS714-900 noted.
Associated Press report from Chicago notes live poultry receipts totaling 1 car. Fowls numbered 22 425 with 2s broilers at 88 42, turkeys 25, roosters 16, ducks AB 20, epring aks 28, geese 16.
Nick Walker died at his home in Jackson parish after living there for many years. Interment will take place in Jackson parish. An infant Bennett of Ward 1 also died shortly after birth.
Washington reports U S exports to Latin America surge since 1913 with Pacific coast shipments rising from 112 million to 3820 million and Caribbean sales over 600 million. Factory machinery autos motion pictures and related goods lead the rise as Panama Canal boosts trade and American investments expand in the region.
New York notes the 1928 season opening with Heilmann Waner Ruth and Wilson among top sluggers. Hoyt Wainwright Wanco and Grove pace pitching while Sisler defends base running crown amid renewed chase for titles and records.
Market mood split as railroad and industrial averages rose to record highs while wheat and cotton futures moved in volatile fashion. General Motors surged to a new high near 205 with expectations of a special dividend and May 10 directors meeting. Southern routes led rail gains with Eastern carriers slipping after Interborough fare news.
In Chicago on May 5 the Associated Press reports strong opening demand from eastern and foreign buyers lifting wheat, with Liverpool prices and lower world shipments aiding gains. Corn oats and provisions also rose, with initial advances of a cent or two and further upturns later. wheat closed unsettled with modest gains and prices listed for No 2 hard corn and various oats and seed values.
Hogs 2500 head in Chicago market fairly active and mostly steady with Friday. heavy butchers strong to 10 cents higher. top 10 dollars for 190 to 220 pound goods. Cattle about 1000 head, fed steers 25 to 75 cents lower than week prior, yearlings down 25 to 10 cents, stockers weak. bulls steady to weak. Sheep 7000 head with fat lambs and feeding lambs uneven and lower. Parisians remark noted by Larbaud about experts needing diplomas.
The Maske suit against the City of Monroe ended with a $1250 judgment for the plaintiffs. Mrs. Mask, driving, alleged a street car hit their auto due to operator negligence on March 26, 1927. The city sought appeal in district court after the ruling.
Liverpool reports limited demand with higher prices for cotton. United States grades show sharp levels from strict good middling at 12.19 down to good ordinary at 11.90. Sales reach 4,000 bales, 2,400 of them American, with receipts at 9,000 including 6,500 American. Futures end very steady with May at 11.21 and other contracts around 11.18 to 10.88.
Southern plains and west Gulf states see generally fair weather with a shower period possible midweek. Temperatures expected to be near or above normal.
The spring telephone directory lists 4749 names, the largest subscriber gain in Twin Cities during the period. From 4400 names last fall, the April 20 press date shows a gain of about 350, implying Monroe and West Monroes population rise of ~2300 since October. Director J W Warren predicts the fall 1928 directory will exceed this gain, signaling rapid growth. A quoted bishop discussed evolution in an ACLU pamphlet.
The first trial of a Methodist bishop before an ecclesiastical court opened in Kansas City with Bishop Francis J. McConnell of Pittsburgh presiding over Bishop Anton BPerst of Copenhagen’s case. The complaint, filed at the Methodist Episcopal church’s quadrennial conference, accuses McConnell of improper conduct at a Wilmington conference in March and of approving evolution theory.
Former Ford stockholders led by Senator Couzens win their appeal over tax assessments tied to Ford stock sales. The board values the 1913 stake at 21.8 million dollars with a 7.5 million gain on the 1929 sale, rejecting the government's 1923 and 1925 assessments and the lower value figures.
Nashville Tenn May reports from Dr Hight Moore senior recording secretary say Southern Baptists in practice exemrison on all doctrinal matters at the Chattanooga convention May 16 20. The body will consider committee reports on administration missions education and benevolence and discuss lifting indebtedness and a new 1929 stewardship program to boost church contributions. Transfers of hospital relations and reorganizing promotional work are among proposed changes.
Text notes school conventions underway with committees and boards meeting May 14 to shape work ahead of the state education convention opening May 16. Proposals include continuing or discontinuing cooperative missions and making appropriations through the education and home mission boards.
Mrs F P Jones of Leesville won the presidency of the Louisiana division of the United Daughters of the Confederacy at Alexandria on May 6 defeating Mrs J Ritayik of New Orleans by 67 to 25. Other officers named include A P Miller Baton Rouge first vice president and J Ritayik New Orleans third vice president.
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