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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 01, 1926
Page
10
Cotton futures in New Orleans closed with a net decline of 9 to 11 points amid dry weather signaling favorable picking and ginning. January and March fell to around 12.20 and 12.33 respectively. December 12.19. Exports for the day reached 167,318 bales, boosting this season's export surplus to 422,303 bales.
New York cotton futures ended the session barely steady posting net declines of 11 to 13 points. Prices opened steady with January around 12.22 and July near 12.89, while gains in Liverpool imports and southern hedge selling weighed on the market and spot middling held at 12.60.
Liverpool market shows moderate activity with prices steady across grades. American cotton dominates sales at 4700 bales with receipts of 13000 bales, futures closing barely steady for December through October contracts.
Poultry alive firm receipts include 8 cars with fowls and turkeys and various live poultry values. Butter prices show receipts of 5 768 tubs with creamery extras and standard grades, while eyes show 3 043 cases. overall market tone unchanged.
Chicago wheat prices edged higher as reports of cutting slowdowns in Argentina influenced markets. Early declines gave way to an overall gain with traders noting improved demand and firmer costs. Corn prices also showed upticks amid mixed market signals and changing costs.
New Orleans reports prices slipping early as liquidation in December grows and hedging increases. Traders absorb selling, market steadies with buying from trade firms and some investment demand. Weather bureau notes favorable picking in remaining regions. December liquidation may push prices lower before completion.
Governor Simpson praised Lake Charles and Calcasieu parish for deep water port facilities and a lasting civic spirit. He said the community effort added enduring value to Louisiana and urged continued cooperation to make the new port a lasting success.
London author Thomas Rohan warns English antique dealers may vanish within twenty five years as American millionaires seek rare eighteenth century works. He cites price competition and American agents paying any price to obtain pieces, noting dwindling English shops and the shift toward American ownership.
President Harding approved the interior department oil leasing policies and outlined his awareness of lease terms in a letter introduced in the Fall Doheny oil conspiracy trial. The document, sent to the Senate in April 1922, supported the Doheny interests and asserted his full approval of the department's program.
One traffic incident was logged since yesterday morning. A collision between a car driven by Charlie Robinson at Twenty third and DeSiard streets and another driven by Mrs. T C Mahe at 2917 Lee avenue damaged multiple panels on Mahe s vehicle. The accident occurred at 11 o clock yesterday morning.
C E Cory 35 a driller for Eason Drilling was struck by a heavy casing pipe during a wildcat test near Columbia sustaining a fractured skull and a broken arm. He was taken to Riverside Sanitarium where surgery was planned. He is married and from Senora La. A second injury involved Dan Monroe a Calhoun lumber employee who suffered a compound fracture of his right leg after his leg was caught in a shaft and he is in the colored ward at Riverside Sanitarium.
Thomas L. Macon 58 killed himself in Tampa fearing loss of eyesight. He moved from New Orleans months ago to be with his wife under care of a nurse. Macon shot himself in the heart with a rifle. burial planned in Kenwick Virginia. survived by widow and son Benjamin T. Macon of Chicago.
The Memphis Appeal debuted with its first 52 page edition. George Morris serves as managing editor and the paper is published by the Commercial Publishing Company, publishers of the Commercial Appeal, a morning paper.
The twenty second annual Louisiana State fair will be held in Shreveport from October 27 to November 6. Dates fixed by the International Association of Fairs and Expositions at its Chicago meeting. Secretary-Manager W. R. Hirsch attended. The 1927 fair opens one day earlier than last year and runs eleven days.
Boston December 1 announces George Hannouer of Chicago has been elected president of the Boston and Maine railroad. Homer chairman of the road disclosed the selection.
The University of Wisconsin plans a new experimental college in Madison opening next September. Dr Alexander Meiklejohn, a psychology and philosophy instructor, will likely lead the venture which aims for closer student instructor contact. Freshman focus will be Greek civilization with the nineteenth century shaped sophomore studies.
Special Prosecutor Simpson asks for a mistrial after alleging a loaded jury and hostile jurors in Somerville New Jersey. He cites overheard conversations at the hotel where jurors are quartered and claims the jury favors acquittal before all evidence is in.
The schedule lists westbound trains No 389 Local 7 10 am arrival and 6 10 pm departure No 35 Local 5 03 pm and 6 10 pm No 101 Fast 10 10 am to 10 25 am No 103 Fast 7 45 pm to 7 55 pm Eastbound shows No 104 Fast 10 55 am to 11 05 am No 102 Fast 7 15 pm to 7 25 pm No 38 Local 9 10 am to 9 20 am No 40 Local 8 15 pm.
Northbound trains No. 116 Fast No. 102 Fast and local Nos 140 152 depart or arrive at early morning and midday. Southbound Nos 101 Fast No 115 Fast and local Nos 141 158 run through the day with stops. Mixed trains run daily except Sunday on Dorado Natchez and Farmerville branches with several locals and specific times listed.
Mobile reports at 11 30 today the rum schooner Aresene J. remained at large after escaping U S coast guard boats with two government officers as prisoners. Tallapoosa radioed Gulf shipping to keep lookout and to rescue the kidnapped officers if possible.
In Biloxi officials were instructed to release no information about the alleged kidnapping of Deputy Prohibition Administrator J. B. Matthews and a Biloxi base officer. Coast guard patrol boat 302 reportedly captured a large French auxiliary schooner fifty miles offshore. In New Orleans D Jackson declined to comment pending official reports on the case.
New Orleans dispatch from December 1 reports the French schooner Aresene J. was recaptured by the coast guard Tallapoosa after escape while under guard. Prohibition official O. D. Jackson said the vessel was recaptured twice and again eluded capture in the Gulf of Mexico.
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