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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 07, 1926
Page
8
Cotton futures in New Orleans closed with gains of 7 to 8 points amid quiet trading as traders await tomorrow's government crop report. Prices opened steady, then eased to around 1187 for December and 1188 for January, with March at 1204 at times and overall mild upward movement through the session.
Jack Daniels of Birmingham pleaded guilty in Baldwin County to owning the whisky linked to Governor W. W. Brandon's fishing party near Foley. Four defendants faced pleas, including Carr McCormack and Charles P. Anderson. bonds posted, Governor Brandon not pressed for charges.
At the American Farm Bureau convention in Chicago Professor Macy Campbell of Iowa State Teachers College Cedar Falls argued big potatoes exit farms while small potatoes remain to nurture the next generation. He blamed mortgage debt depressed prices and absentee landlords and urged group marketing and education to lift farm earnings through domestic price support.
The Lochnagar Oil and Gas Company of Pittsburgh blocks a large Wallace Ridge acreage in Catahoula parish and will start drilling at once near Harrisonburg and Jonesville. Nearby, Samuel Hunter interests drill at Sicily Island, with tests and a contracted derrick and rotary rig planned for No. 1, while other operators seek leases in the parish.
New Orleans reports trading focused on the eve of the government final cotton crop estimate. Traders expect a 19 million bale figure with ginnings near 14.5 to 15.0 million. spots steady at 7.10. futures little changed. Oil prices held firm across Texas and the Mississippi Valley.
Cotton futures closed with gains of 8 to 18 points led by March and December contracts. Opening bids for January through December showed modest shifts as Liverpool cables offered limited momentum and traders awaited tomorrow's crop and ginning figures. Market stayed quiet with prices near prior levels early in the session.
Liverpool notes steady prices with spot demand fair and sales at 7,000 bales including 4,500 American. Receipts total 56,000 bales, with futures quiet. December 6.28, January 6.36, March 6.45, May 6.58, July 6.69, October 6.78.
Wheat opened higher in Chicago trading helped by Liverpool market strength and Argentina weather concerns. December wheat narrowed its discount to May, with corn oats and provisions firmer as corn rose to modest gains and oats moved higher.
Chicago market notes show batter prices easing with 10 794 tubs traded and creamery extras at 54.5 to 52. Eggs hold steady with 4 952 cases moved and prices from 40 to 46. Poultry markets remain firmer with 8 carloads received including fowls at 18 to 25, springs 18 to 24, and turkeys at 34.
In Oklahoma City, Mrs. Luther M. Bishop was held in the county jail for further questioning in the fatal shooting of her husband, state detective Luther Bishop. Pistols found in an oatmeal container tied the investigation to possible gangland motives, as authorities pursue known enemies of the detective.
The steamer West Kasson carrying nitrates sent S O S signals intercepted at North Head. The Unalga coast guard cutter communicated with the ship bound from South America to San Francisco. Vessel listed 5397 gross tons and position could not be fixed due to interference.
Roy Simmons, husband of Mrs. Roy Simmons, who was wounded in a Saturday morning shooting at Vivian, visited his wife at the North Louisiana sanitarium in Shreveport after spending the night there. His return to El Dorado was noted as of today. The condition of Mrs. Simmons and T. L. Smith, another victim, remained serious but slightly improved.
J C Casserly past state commander of the American Legion was the guest of honor at the Lions club luncheon at Hotel Virginia. He gave an instructive talk on Legion activities. Entertainment featured Mason and L D Jackson with ukulele guitar and harmonica performances.
At the Columbia Mercantile company a spark from a lit cigar ignited lint cotton in a rear office. Cotton buyer Monroe Jarrell and Tilden Duke of Kelly, with others, smothered the blaze and removed the cotton, preventing damage to the building or stock.
George Wright aged 45 was struck by a flying limb while felling a tree about eight miles from Marion Louisiana. The blow fractured his skull and injured his right eye. He was moved to St Francis sanitarium after no improvement. Wright worked sawing logs for the Breece company.
George Vaughan of Little Rock spoke to bankers business leaders and industrial chiefs in Amory Mississippi about severance tax as a revenue source and its advantages. Over a hundred delegates from Arkansas Alabama Mississippi and Tennessee attended the session.
Austin Green returns home in Monroe after a bank and parish funds shortage tied to his duties as teller and parish treasurer. An audit found a shortage of 35 984 93 dollars, tied to uncollected checks paid with parish funds. Green’s brother Aubrey works to restore losses as authorities assess recovery chances.
Six sailors from Celebes Island were rescued off Mindanao after more than three months adrift in a disabled motor boat. The original party of twelve left in July to visit Siuw, but engine failure and a gale drove them off course. Four died as food ran out, and the survivors were picked up by an inter-island steamer near Mindanao and brought to Manila via Surigao.
Fort Worth Texas December 7 supporters of evangelist Rev William E Hawkins Jr say they will push his feud with modernism before the Southern Methodist church. Hawkins claims he was ousted from the central Texas Methodist conference for opposing modernism from the pulpit. He said Texas Methodist colleges were reeking with modernism.
In Greenville on December 7 the Mississippi state high school football title rested on twenty two players from Sunflower Aggies and Biloxi Indians after a 7 7 tie. Officials left the championship undecided with Sunflower unofficially claiming the title by a coin toss.
A rum schooner Arsene J. was forced to anchor as a severe gale raged in the gulf. Coast guard speed boats refueled at Port Eads while cutters searched and the vessel vanished. Authorities expect the Arsene J. may be brought to New Orleans after a week of searching.
News from New Orleans reports J B Mathews assistant prohibition administrator and machinist mate Handley reached Puerto Mexico aboard the Arsene J the rumored French rum runner that vanished off the Mississippi coast nine weeks ago a telegraphic message to Mathews wife confirmed their safety
The piece surveys public and professional views on medical ethics, noting common myths about physician duties, patient rights, advertising limits, and the evolution of ethics within the American Medical Association. It emphasizes the physician’s duty to patient welfare, public responsibility, and prudent collaboration in illness.
In Shreveport last night Dr. Morris Fishbein spoke to physicians and laypeople on "Facts and Quackery and Medical Follies." He urged longer life through regular checkups, wholesome diet, better milk, and improved home conditions, as key factors in public health.
The President urges a balanced surplus use toward tax relief and debt retirement while avoiding price fixing. He favors Philippines civil status, Great Lakes level changes, tariff protection, prohibition enforcement, and broad federal agricultural reform. He notes no World Court mention and outlines measures for railroads, canals, and defense.
The document notes Coolidge urging reductions in acreages for next year’s crops and stressing federal responsibility for defense of the Philippines while promoting development of rubber resources with Philippine consent. It reports broad economic gains from tariffs, calls for farm standardization to curb surpluses, and describes congressional reception of the message amid debates on relief and tax credits.
Washington lawmakers resume work after summer recess to read the President’s annual message and push hundreds of carryover bills. With under three months left, many measures may not become law before the Sixty-Ninth Congress ends March 4, 1930.
Madrid reports the Prince of Wales will pass Christmas week in Spain in disguise living in a private Madrid hotel suite. He plans visits to Granada Seville Cordoba and Malaga then Gibraltar as part of a quiet holiday trip amid marriage rumors involving Princess Beatrice as the Spanish royal line responds.
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