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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Apr 30, 1925
Page
7
New Orleans April 30 Cotton futures closed steady with a net advance of 3 to 10 points. May 24.03, July 24.21, October 23.62, December 23.62, January 23.63. Market opened quiet. rains in Texas and an acreage rise forecast weighed on prices. weather in the belt remained unusually cold.
New York cotton futures opened steady with May at 24.00 and July at 24.18 but weakened in the first half hour. Prices slipped as rains in Texas and a private report estimated 44 million acres, a 6.3 percent rise, pulled July to 23.99 and October to 23.68, about 14 points lower.
Liverpool cotton market shows steady spot prices across grades with 6,000 bales sold including 3,800 American. Receipts reach 18,000 with 8,300 American. futures edge barely steady with May at 12.64 and nearby months trading around 12.6 to 12.79. Official noon close for April 1925 noted at 12.75 value.
In Chicago on April 20 batter prices fell to 401 2 to 403 4 for creamery extras and standards 401 4 with firsts at 37 to 38. Eggs remained steady with receipts totaling 19 772 cases.
Wheat prices opened lower as frost reports weighed on trade while Kansas planting of corn and oats spurred demand. Prices fluctuated with a brief rally above the previous close as buyers absorbed the new crop signals. corn and oats weakened on light demand and selling pressure.
Chicago market summary outlines hogs with weights and price ranges, cattle totals and price brackets, veal figures, and sheep receipts. Cattle include fed steers and long yearlings, hogs show packing sow and slaughter pig categories, sheep list wool lambs and wethers with pricing.
In a district court session Judge Percy Sandel found a Black defendant guilty of illegal possession of whiskey and sentenced 60 days in jail and a $500 fine with an additional four months in jail for nonpayment. Florence Williams, another Black defendant, was acquitted on a similar charge.
Thousands gathered as the new well on the Urania field shot up oil drawing cheers and speculation. George Zeigin and wife led the scene with others timing heads, while maps and lease talks filled the day. A local elder claimed the well could yield 3,000 barrels.
Rayville April 30 The executive committee of the Men’s Federated Bible Class of the Methodist church Monroe district met with members from across the district. S M McReynolds of Monroe was elected president and E E Williams of Rayville executive secretary. They plan a district wide Rayville meeting with a visiting Bible scholar and a Methodist South preacher. Expected attendance ranges from 600 to 700, with Monroe pledging 200 and Rayville 100, plus at least 400 from other Delta area churches.
Mayor Arnold Bernstein watched Zeigin Off set strike oil at Urania yesterday. He called the well bringing gratifying and said Monroe could gain materially if residents seize the opportunity. He added the second well confirms a real oil field.
G H Merrill of Texas with his wife and two children faced a collision at Sixth and Grammont streets when Ruth Hennick driving a Willys Knight hit Merrill’s car. A broken axle and damages followed. Judge Schulze heard the case and Merrill described his finances and trip plans. Hennick agreed to cover Merrill’s car damages and the family left the city.
An advertisement from Monroe Ice Cream and Candy Co. promotes Velvet Ice Cream as pure delicious and popular. The notice appears with the date 11-25 and markets the brand directly to consumers.
A detailed program announced for the annual Veterans Reunion in Ruston Louisiana includes music by Eleanor Cargill a welcome by W E McBride and an address by Rev Winston Borum. The event precedes a dinner for veterans and Sons of Veterans members with readings solos and a U D C representation.
Wesley Floyd, a 35 year old Black man, fainted while waiting for a street car at Grand and DeSiard. Police took him to St Francis sanitarium where he rests well. Floyd lives on Eby's plantation east of Monroe and is said to suffer fainting spells on occasion.
John M. Chancellor, about 80, of Bastrop, suffered a serious left arm fracture at the Continental Lumber Company plant in Bastrop. He was taken to Riverside Sanitarium for treatment after an X ray showed a splintered bone and he remained resting comfortably the next day.
Rev. Dr. Carl Schorr will present a Friday night service at Temple B NAI Israel with the theme Voice of Nature and planned special music.
The Monroe Rotary club elected officers and directors at a noon luncheon. Byron Vaughan was named president with Walker Glenn as president elect and C H Reed as secretary treasurer. Directors include Vaughan Glenn Reed Hayward Sig Haas Slater and Horuff. The new officers will be installed next week. Professor H H Chapman of Yale spoke on forest conservation noting gains possible in ten to twenty years and citing fire as the main menace. Rotary president Albert Haruff urged attendance at the Vicksburg centennial events May 14 to 16.
Judge John R. McIntosh of the Fifth Judicial District sits in Rayville for a short session to clear minor matters. He is known as a severe enforcer of liquor and concealed weapons offenses and has been repeatedly re elected over twenty years despite calls for recusal.
John T. Stinson director of agricultural development with Missouri Pacific, based in St Louis, visits Monroe praising irrigation as essential for agricultural prosperity. He cites abundant water sources and insurance against drought, endorses farm cooperative marketing, and notes Grayson Rayville Oak Grove Glenmore Pollock as active locals with more to come.
Rayville Louisiana April 29 report notes Dr and Mrs W McCollarhide of Oak Grove guest of Rev and Mrs EF Nesom. S M McReynolds of Monroe attended to business. C W Seates of Wisner and J W Stodghill of Winnsboro visited. Dr J W P Bacon convalescing after operation in Vicksburg. Harry D Wilson and son Ned hosted here. T Dillon and W J Thomas in Memphis. Richard Porter of Shreveport weekend guests of Wess Taylor. Dr H D Maxwell of Calhoun visited. Rev N E Joiner Monroe district presiding elder attended to business. Miss Lelia Nesom Miss Ethel Radcliff Anderson Polk F C Du Bois Arthur Rigsby motored to Minden then Shreveport.
A potential buyer scans current farm ads and listings in hopes of finding the exact type of farm described by sellers. The search hinges on available acreage, soil, and facilities as prospects compare options in the weekly pages.
After a two week pause for the Roberson murder trial, the sheriff's department seized a complete still and arrested three bootleggers. Harry Webb and Obie Tyler were stopped near Monroe for manufacturing whiskey after a woods fire was observed, and were jailed in Monroe. W. B. Wells of Bastrop was arrested for illegal possession of whiskey by Traffic Officer Bert Thurmond.
Dorothy Chase four years old of Gilbert Louisiana sustained a severe head bruise and facial abrasions when she fell from a porch swing on her veranda. She was taken by car to Riverside sanitarium where an x ray showed no fractures and she remains under care for several days.
Louisiana notary records a 1925 filing declaring Reynolds Oil Company organized for manufacturing and selling fuels and automotive goods with a 350 share cap and no par value stock, common control by holders of no par stock, 100 par value preferred stock with nonvoting rights, and a 99 year term, plus an upcoming public sheriff sale of seized property in Monroe to satisfy a writ from the Fourth District Court.
The document outlines preferred stock rights at 8 percent dividends payable April 1, liquidation preferences with full par value prior to common stock, and redemption options. It sets common stock up to 500 shares and preferred stock up to 200 shares, with domicile in Monroe Louisiana and meetings in Louisiana. Directors include R R Reynolds Abe Arent and Geo Gunby with specified roles. It records subscribers and shares, cites applicable Louisiana laws, and notes notarization and witness attestations.
The Fourth Judicial District Court issues a writ of seizure and sale in the case J A Smith versus D D Badger, to be held at the Monroe courthouse. The property described includes twenty acres in section twenty, township seventeen north, range four east, with the sale set for May 23, 1925.
Public notices detail a writ of fieri facias on Marcus Kaliski with sale dates in May 1925 for real and personal property including lots in Millageville Lovers Lane addition and assorted items. Separately Ouachita Parish Police Jury invites sealed bids for 125000 in courthouse and jail bonds with bidding rules and payment guarantees.
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