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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 11, 1923
Page
6
In New Orleans on December 11 cotton futures closed with modest gains as December through July contracts rose 58 to 85 points from yesterday's levels. Spot cotton held steady with higher prices and strong intra day buying supported by reports of light ginnings and improved market tone despite Liverpool weakness.
New York December cotton futures closed firm with December at 33.70 and March near 33.55 amid light offerings. Early gains rose on covering and trade buying as Liverpool and Manchester markets showed recovery, with January at about 33.25 and spot month selling up to 34.76.
Liverpool reports limited demand with prices steady for good middling at 18.89 and other grades listed. Sales reach 4,000 bales, American share 2,600, receipts 33,000. Futures close Jan 19.12, Mar 19.10, May 18.99.
OCR fragment lists months and percentages with July September October and December 1924 values. No clear event, person, or organization present.
Heavy speculative selling followed news that the Schulte interests form a new tobacco company. Schulte stock fell 4 1 2 points and tobacco shares 3 8. Early weakness sparked further selling in food utilities and motor accessories while call money opened at 5 percent.
Circulars from Chicago and Kansas City report cattle hog and sheep prices for December 11. Chicago lists hogs and cattle with exact weight brackets and price ranges. Kansas City shows similar per head ranges for steers calves sows stockers and hogs along with lambs and wethers.
Wheat prices eased in early Chicago trading influenced by a Liverpool decline and bearish stats. Government officials including Secretary Hoover backed export finance proposals to Germany, but sellers remained cautious. Oats showed independent strength, up slightly before stabilizing near the opening range. Provisions held steady with no major changes.
A 19th or early 20th century advisory piece extols erect carriage as essential for health and vitality. It highlights back strength to sustain spinal alignment, notes back muscles influence the nervous system, and links vigorous constitution with queenly bearing and light steps.
A Monroe minstrel show combined with the Northeast Louisiana pageant will play at Saenger theatre on Wednesday night. The program features Interlocutor Elmer Richards and a long list of performers, dancers, musicians, and dramatic tableaux drawing on historical and patriotic themes.
M A Johnson, charged with killing W T Eubanks at Darnell Louisiana on November 11, will be tried at the March term of the Fourth Judicial District court at Oak Grove before Judge John R McIntosh. He was remanded at preliminary hearing, later posting a $2000 bond and being released. Louisiana men sentenced at El Dorado for complicity in the Richard Cullins robbery near Junction City receive terms. Fallin testifies and Lewis and Wilson are convicted as accessories before the fact.
Parish Agent E. R. Strahan will discuss the past year s fertilizer and poisoning demonstrations at Monroe farmers meeting in the chamber of commerce rooms tomorrow at 1 30 PM. The pool for next year s cooperative purchases will be signed. past purchases saved farmers ten dollars per ton on nitrate and seven dollars per ton on phosphate. More farmers are expected to join as the pool grows.
The piece details how Germany’s inflation crushes families from infancy with sky high layette prices top to bottom. Baby shirts cost 12 to 20 billion marks in November and even second hand perambulators fetch 80 gold marks. Dowries for girls create a gendered hardship as many cannot secure marriages due to lack of funds.
Michael J. Kelley, recently tying up a large stake in the St. Paul American association club, has a 30 year baseball background. A New England product, he played in the region before moving west in 1899, joined St. Paul 22 years ago, and became a manager a year later. Meanwhile, about six hundred teams are slated to compete in the Wisconsin State Bowling Association championship at Janesville in late January.
Pacific coast flyweight boxer Georgie Marks has been making a strong showing in recent New York bouts, displaying solid form and advancing his reputation.
Patrons enjoy a high standard lineup with Julian Eltinge in the Black and White Revue on Thursday and Crane Wilbur in The Monster on Saturday matinee and night. The management announces Saturday afternoon matinees as Monroe grows in cultural status, aiming to set a high town standard with these productions and transport costs noted as substantial.
New classified listings include rentals and sales. Items cover furnished rooms with baths at 208 North Third Street and 409 Catalpa, a neatly furnished bed room in a new home, two to three unfurnished rooms near Grayling Spur, and second hand dining room and kitchen furniture at 208 Texas Avenue with various contact numbers and dates.
The Lions Club met at the Monroe Hotel Tuesday noon where briefings on banking by J S Washburn assistant cashier of Central Savings Bank and Trust Company were discussed while others remained on the sidelines.
In New York on December 11 activity rises in the raw sugar market. Spot Cubas held at 512 cents and centrifugal at 7.28. Raw futures gain 5 to 11 points, refined steady at 9.06 to 9.15 for fine granulated. refined futures show no clear trend.
Potatoes were about steady in Chicago with 52 car shipments. U S total shipments reached 382 as Wisconsin round whites sold U S No 1 100 to 110 and Minnesota North Dakota round whites No 1 100 to 105. Red River Ohio spuds sold U S No 1 partly graded 100 to 110.
Butter unsettled with creamery extras at 58 and standards 49. Firsts quoted 45 1 2 to 47 1 2, seconds 42 to 49 1 2. Eggs lower with firsts at 43 to 44 and ordinary firsts 37 to 40.
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