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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 05, 1923
Page
6
In New Orleans on December 5 the cotton futures closed easier with net losses of 102 to 113 points. Spot cotton fell 38 points with 315 bales sold. Prices showed heavy selling pressure mid-session, then partial recoveries but remained down from the prior day as January and other contracts slid amid rapid fluctuations. Receipts reached 8,326 and stock stood at 235,363.
A Baton Rouge Y M C A state officer A K Jones outlined plans to establish a Monroe chapter backed by the city administration and civic clubs. He stressed that Y M C A members who lead in university life and the world earn top leadership roles. Dr C P Gray noted the Southern Medical Association convention drew 3600 physicians.
December 35.85, January 35.20 to 35.40, March 35.70 to 35.82, May 35.90, July 35.00 led by nervous early trade. Prices swung with Liverpool, rallying midday then slipping to near day lows as liquidation continued and private reports hinted at large ginnings.11:45 bids show December 35.00s, January 35.26, March 35.53, May 35.66, July 34.86.
The Goodfellows fund is at a standstill with only 45.50 credited and donations lagging. Recent contributors include L. N. Larche five dollars Led cee five dollars Alan Sugar five dollars and E G Sugar five dollars. New York reports sugar markets with raw sugar at 5 58 cents per pound and refined at 9 20 to 9 25 per pound as futures hold steady.
Cotton spot shows limited demand and easier prices with good middling at 20.60 and ordinary at 17.55. Sales reached 5 000 bales, receipts 2 700 bales. Futures closed barely steady with December at 20.18 and December 1924 at 15.81.
Potatoes hold steady in Chicago market with 31 car receipts. U S No 1 Wisconsin sacked round whites fetch 1.00 to 1.15 mainly 1.05, while Minnesota sacked round whites U S No 1 and partly graded move 0.90 to 1.00.
Traders favored the bear side as prices drifted lower after a three day rise. May delivery demand rose slightly amid a rally, while December and May futures moved down from opening levels. Corn and oats疲 remained easy while wheat showed weakness due to wet weather. Provisions held steady with hogs.
Chicago market notes show poultry alive at 181 2, roosters 16 1 2, geese 18, turkeys 22. Butter declines with creamery extras 53, standards 491 2, firsts 46 to 48, seconds 42 1 2 to 43 1 2. Eggs rise. receipts 2 610 cases, firsts 46 to 50, ordinary firsts 37 to 42.
Chicago and Kansas City market notes show cattle, hogs, and sheep trading with varied loads and weights. Prices range for hogs from 6.25 to 7.25, cattle up to 10.00 for short feds, vealers around 12.00, and sheep with fat lambs at 12.60 to 13.00 and wethers at 7.85.
On December 5 in New York personal traders pushed prices higher across the board. Erie common rose 3 points as list gains extended to a dozen stocks hitting year highs. Woolworth advanced nearly 3 points to a 1923 peak while Rails stayed strong and specialties led advances. Call money opened at 4 1 2 percent. See Rhode Island Reds exhibit December 6 at Monroe Seed Co. Pure Bred Poultry. Schrader notice.
New York Money Desk reports firm foreign exchange quotations in cents for nations and cities including Great Britain 439 1 4, France 546, Italy 436, Belgium 471, Holland 88 18, Norway 15 02, Sweden 26 28, Denmark 17 87, Switzerland 17 47, Spain 18 07, Greece 210, Argentina 91 70, Brazil 960, Montreal 97 15 16.
Bishop James Atkins of the Methodist Episcopal Church South remained unconscious at noon as he recovered from a Monday night stroke in Little Rock. Physicians offered little hope, with the condition described as virtually unchanged.
Willie Clark, a resident of Asheville for eighteen years, says he will fight extradition to Alabama where officers seek to return him on charges connected to the 20 year old killing of Policeman Pink Jenkins and wounding of Policeman W H Blankenship at Attalla. Clark denies being Will Gibbs, the man Etowah County officers have sought for decades.
Jackson Mississippi December five five pardons were granted by Governor Russell two to white convicts and three to negro life termes. The white convicts included Cowan Howell serving a year for forgery in Pike County and Tra Towery sentenced from Monroe county to two years for manufacture of whiskey. The negro convicts were Emanuel Russ for murder from Tallahatchie county and Dub Anderson for murder from Holmes county in 1912. Also notice of a poultry exhibit at Monroe Seed Co Pure Bred Poultry showing December six seven eight by W W Sullivan.
Jackson Mississippi December 5 The coroner s jury at Ackerman awaits the state chemist s report on the stomach analysis of four year old Robert Miles Blanton before a verdict is reached. Mrs Robert Blanton the boy s stepmother is jailed at Ackerman pending the chemist s report and denies poisoning the child or harboring hatred toward him.
See my Orpingtons at Monroe Seed Co Pure Bred Poultry Exhibit on December 6 7 8. Mrs T H Jones 5 Bt.
In the matter of Eugene M Granberry case number 2260 a hearing on discharge is ordered before J M Grimmet U S Referee in Bankruptcy at his Shreveport Louisiana office on January 8 1924 at 10 a m all interested parties may appear and show why discharge should not be granted
The insurgent bloc outlines a thirty day plan to adopt the sixty seventh congress rules for the sixty eighth, allow amendments, and report them through the rules committee. Speaker Gillett vows impartial, judicial administration as Nelson and Longworth speak of unity and duty amid wartime disarray.
Washington debate over the president's candidacy continues after his congressional address. Observers expect a formal announcement of his campaign once the convention action is set, with speculation ongoing for days about the timing.
F B McLurg longtime lumberman died in a skating accident near Monroe Wisconsin while skating on a lake. Speed left for Phillips Wisconsin after receiving late night message announcing the death. McLurg formerly lived in Monroe and was general manager of Grayling Lumber Company.
Rhode Island fair pages list a Pure Bred Poultry Exhibit to be held December 6 and 7. Organizers Ron and Moore promote entries for judging and prizes at the Monroe Seed region, with KK details noted.
A mixed classifieds page lists items and notices including lost tires and cows, rental rooms and garages, poultry exhibits, and job seeks. Entries mention Faulk Bros reward, West Monroe addresses, contact numbers, and dates May to December for postings and events.
H J Fernandez of the Monroe Traffic Bureau left for New Orleans to attend a Louisiana Public Service Commission hearing on adopting an Interstate Commerce Commission rate schedule. The hearing aims to apply interstate rates to intrastate commerce in Louisiana amid prior postponements and local rate adjustments.
Engineer F. T. Tobey under contract surveys Oak Grove to estimate the cost of waterworks electric lighting and sewer systems and will report to the mayor and aldermen. He previously installed plants at Delhi and Winnsboro with bond issue support from the mayor board and chamber of commerce.
Dan Ryals a Prosperous Jackson parish farmer who lived near West Monroe and disappeared two months ago from his home near Jonesboro remains a major mystery. Mrs. Ryals appealed to the press and Governor Parker for wider publicity, fearing foul play. She notes he paid debts and left home with $1.50 after visiting a neighbor. He was not a Ku Klux Klan member and left no trace after extensive searches by hundreds.
J. E. Burke, sought in Lake Charles, was arrested last night by Officers Parker and Folmar but escaped before jail. A description was wired to Monroe and Burke was recognized. during preliminary arrangements for incarcertion he broke away and eluded officers.
Judge Charles Schulze disposed of a heavy docket on Monday and Tuesday. Several defendants were fined for being drunk and disorderly including J. K. Eden T. O Neal Jerry Noonan H Bateman each at 7.50. Others J. E. Smith R. Bell H. Woodward J. D. Farmer at 12.50. J Williams fined 150 or 150 days for dangerous suspicious conduct. Isaiah Moore jailed 10 days for same. Joe Battaglio fined 7.50 for parking near a fire plug. A. G. Burns fined 25 for speeding. J. W. Simpson Ed Smith M Hy man fined 7.50 for traffic violation.
Preparations to build a floating platform to raise the boiler for the Dixie No. 2 test well at Chenicre brake are ordered. The move aims to keep drilling ongoing despite flood waters after a year’s delay on Dixie No. 1 due to Ouachita river backwaters.
In New York on December 5 the cotton market saw a violent late-day drop with January at 34.45 and March at 4.70, down 105 to 110 points from last night’s close and $12 to $18 per bale from recent highs. Heavy selling drove the declines, mostly for Liverpool, Japanese and southern accounts.
Charles W. Phillips to display Anconas at Monroe Seed Co exhibit on December 6 7 8 with poultry judging and sale events noted.
An old advertisement urges taking Bond's Liver Pill at the first sign of colds fevers headaches to cleanse the bowels of liver waste, claiming it is safer than calomel and cures. It notes the price as 25 cents and targets druggists.
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