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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 10, 1923
Page
6
Cotton futures closed lower with December through July contracts down 60 to 134 points as selling pressure grew amid large long-contract liquidations. Spot cotton eased 125 points while receipts and stock rose, and Liverpool and Manchester reports added to the negative mood before a late rally in the afternoon.
Cotton futures closed weak as liquidation continued ahead of the government crop report. December to July contracts traded from 33.20 to 34.30 with midday rallies on oils and mill buying, but losses remained widespread through the afternoon.
Chicago trading showed light demand with declines as wheat prices eased after opening gains. Traders expect forthcoming Washington action to stabilize values, while oats and hog futures also weakened and different grain quotes across grades were listed.
In New York on December 10 cotton seed oil closed steady with prime summer at 10.80 to 11.85 and prime crude 9.25 to 9.50. Futures ranged from 10.85 for December to 11.92 for July with 18,300 units sold.
Liverpool notes weak futures as December closes at 20.00 and March at 19.00 while spot prices sit mid to high teens. Receipts total 4,000 bales with 3,300 American. exchange plans late session hours ahead of the United States department of agriculture gunners’ report.
Sugar in New York markets firm with Cubas at 512 cents and freights at 7.28 for centrifugal. Midday futures up 5 to 10 points amid private advice that eight centrals began grinding in Cuba. Refined at 9.05 to .15 for fine granulated.
Potatoes steady overall in Chicago trading with russets weaker. Receipts through Saturday total 567 and Sunday 24. Wisconsin round whites selling around 1.00 to 1.10 per cwt. Minnesota and North Dakota Red River Ohios quoted at 0.90 to 1.10 for No 1 and partly graded.
Butter and eggs prices listed for Chicago with dairy products and poultry values. Poultry alive weights and live stock figures shown alongside butter creamery quotable grades and egg prices. Receipts total 3 134 cases with firsts and ordinary firsts ranges noted.
Cattle sales reach 22 000 with beef steers at 10.50 to 19.10 for top feds and 6.75 to 9.10 for others. Hogs total 21 000 with bulk bids 6.20 to 6.60. sheep 18 000 with fresh shorn wethers at 7.40.
Paris dispatch reports Francis Descamps, for Georges Carpentier, cabled a challenge to the Tunney Greb winner for the light heavyweight world title. If arranged, Carpentier would depart France after New Year and be ready to box in February. Locals rate Carpentier’s chances after his defeat by Battling Siki.
Gene Tunney of Greenwich Village and Harry Greb of Pittsburgh clash in a 15 round decision bout at Madison Square Garden for the third time with the light heavyweight championship of the United States on the line. Greb first won the crown, Tunney reclaimed it in their second encounter, and Greb has since held the world middleweight title.
President Coolidge sent to the senate more than 2,000 nominations including Frank B. Kellogg of Minnesota as ambassador to Great Britain. Others named cover posts in the Interstate Commerce Commission, Federal Reserve Board, and Shipping Board, plus posts for postmasters and customs collectors.
The Louisiana Supreme Court issued multiple decisions and order actions today. Cases include State of Louisiana vs. Peter R. Alphonse with a rehearing denied and remand to criminal court, and divisions affirming or reversing various rulings involving firms such as Eagle Lumber, Oil States, Colonial Sugar, and New Orleans Terminal.
In New Orleans the Supreme Court refused to quash Goltra suit granting Edward F. Goltra control of nineteen barges and four tow boats from the government. The decision may reshape Mississippi River services as Goltra’s return of vessels to his fleet threatens the Mississippi Warrior line and prompts calls for reorganizing the federal barge service and a revolving fund for additional vessels.
The Senate faced a deadlock as insurgents aimed to block Cummins from chairing the Interstate Commerce Committee. On the first ballot Cummins trailed by three votes. on the second Cummins had 39, Smith 28, Lafollette 7. on the third ballot Cummins led with 41, Smith 39, Lafollette 7.
Representative Berger of Wisconsin after a White House talk with President Coolidge said he believes all of the thirty two imprisoned violators of war laws will receive amnesty before Christmas. In Moscow a large exiled group near 200 is being sent to Siberia for gambling or profiteering.
The sheriff will sell at the front door of Monroe Louisiana’s courthouse on January 12 1924 the timber rights and described land in Ouachita Parish including the southeast quarter of the southwest quarter and related tracts. Sale to satisfy a writ of fi fa issued by the Sixth Judicial District Court with terms cash and highest bidder.
A dense mix of rental offers sales notices and service ads from Monroe Louisiana including two furnished rooms for light housekeeping at 710 Oak St and a furnished room at 1908 Jackson with private entrance. Also listings for sale of a Humphry water coil window shades and a kitchen table, a six room house for sale, collies from Lonesome Pine Kennels, and various wanted postings for house help stenographers and derricks.
The grant sheriff offers for sale at the Monroe court house front door a 70 foot northern portion of a lot in Conner’s Alley connected to prior deeds from 1891 1893 and 1996. The property sits between Grave’s north and Green’s south boundaries with all improvements and rights conveyed. Sale conducted under writ of fieri facias issued in case H P Marks vs Emmit Riley and others.
Clyde Polk, 75, an orphan and son of Oakdale's late mayor, searches for his long lost brother John Polk across Mississippi and Louisiana, planning to reach Oklahoma. A Royal Arch Masons district meeting led by Edwin F. Gayle and H. D. Wilson will be held in Monroe on December 12 with degrees and a supper. A sheriff's sale, ordered by T. Afl Grant, will occur January 12, 1924 at the courthouse, listing multiple parcels totaling 162 acres with cash terms and appraisal.
The Littlepage Drilling Company of Monroe completed two wells for West Monroe to yield about 750 000 gallons daily. The project supports a modern water works system for a town much larger than West Monroe. J R Littlepage will head future operations after nearly recovering from illness.
Officers of Morehouse Parish Poultry Association have been elected for the ensuing year. They are President W. A. Rodgers M. D. vice president H. A. Barham secretary and treasurer T. E. Rawls chairman publicity committee Mrs Lottie P White executive committee Mrs C. W. Thibodeaux chairman D. M. Laing Mrs George Clark Mrs Robert Huff and Mrs D L Johnston.
A writ of seizure and sale issued by the Sixth Judicial District Court Ouachita Parish Louisiana targets Mrs. Mattie A. Benoit and Oliver Ramsey in case number 12,188. The notice describes court authorized action to seize and sell property under the enforceable judgment.
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