New Orleans Cotton closes steady after dull trading
Cotton futures in New Orleans close steady with a 6 to 15 point wet decline. December hits a new high at 18.74 while near months hover near opening figures as traders await a market turn.
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 14, 1925
Page
7
Cotton futures in New Orleans close steady with a 6 to 15 point wet decline. December hits a new high at 18.74 while near months hover near opening figures as traders await a market turn.
Cotton futures closed with a net decline of 6 to 9 points while opening steadys showed January 18.56 and December 18.68. Trading remained active with early moves around the 3 to 4 cent level as the census report indicated November domestic mill consumption at 548,008 bales, higher than last year’s 495,182.
Liverpool market reports steady prices for American and other cotton types with overall quiet trading. Sales reach 6,000 bales including 5,500 American while receipts total 3,000 bales. Futures close steady with December at 9.61 and March at 9.65.
Batter prices ease while receipts rise as creamery and extra grade lines show minor shifts. Eggs firm with higher values and steady case counts. Poultry supply remains steady with live fowls, springs, turkeys and ducks priced and sold in modest ranges.
The wheat market opened with a decline as sharp drops in Buenos Aires and Liverpool influenced prices. Argentina had good weather, shipments to Liverpool totaled 1,799,000 bushels versus 746,000 a week earlier, and liquidating sales met modest demand. Corn and oats fell on increased country offerings and broader grain downturns, while provisions reflected softer hog and grain values.
The first religious service for Howard Roberson condemned to die on January 15 for the Epstein murder was held in his city jail cell at 6 am. Reverend L. T. Hasings and two women offered prayers, Roberson listened reverently and asked for their return, saying it helps to see them in his place.
In Tuscon Arizona experts argue over a find of lead crosses and war implements dated to the eighth or ninth century. Dr C J Sarle says the relics near a lime kiln hint at a 775 A D Roman Jewish landfall and a 100 year kingdom in the southwest, while many archaeologists doubt the claim.
Work began on a frame addition to the Riverside sanitarium rear to serve as a colored ward. The $10,000 project will add 25 beds and modern hospital improvements, aiming for completion by year’s start. Governor Fuqua rejected $500,000 Confederate pension bonds, bids at 5 percent, bonds to be re-advertised later.
Detroit telegram reports Grandpa Mellie Dunham the Maine fiddler who won Henry Ford’s favor is returning home after a week as Ford’s guest. He performed old waltzes for the Ford orchestra as part of the Americana project.
Shreveport Louisiana reports the Dixie Oil company Robertstahan No 58 in Caddo parish Pine Island district reached 8 747 feet. The Trinity sand well produced 500 barrels of 39 gravity oil and 10 million cubic feet of gas initially, later rising to 1 000 barrels of oil with similar salt water output.
A compact note notes that spending a few cents on classified ads can lead to sales worth thousands of dollars, boosting VAT receipts and property turnover.
C A Henson pled guilty in district court to uttering a forged check ending his role in a Memphis led forgery ring. Arrested in West Monroe after trying to cash a bogus cashier's check, he and confederate Marie Brasher were found with spurious checks and stamping equipment. Police linked them to William Blunt of Memphis and to ex convict William Baker jailed at Jonesboro for attempted bank robbery. Henson faces sentencing later.
Miss Charline Story, 13, of Bastrop and formerly of Monroe, suffered a fractured shoulder after a Bastrop auto accident yesterday afternoon. She was transported to Monroe and admitted to Riverside sanitarium for treatment.
Simeon Simon a wealthy Alexandria merchant jumped from a twelve story Roosevelt hotel window in New Orleans at noon. He was seen crawling from the window by taxi driver Arthur Buncam and died instantly. Simon was 58, senior partner in Simon Brothers Ltd. and son of Harris Simon of Natchitoches. He had been in New York on a buying trip and was returning with brother in law I J Kaufman. He leaves two brothers and three sisters.
Market Store management contemplates erecting a one story brick building adjoining current quarters on the old market square with 26 foot frontage. The lot, bought from Herman Masur for over 20000, may allow two extra stories later and possible dual operation in both buildings. An awning fire at the old Central Savings Bank and Trust was traced to a cigarette stub tossed from a upper window. Rev H L Hastings Frank Massing and Mrs T E Stephenson attend State Baptist Board meeting in Shreveport. The steamer George Prince under Captain L V Cooley arrived with freight and passengers from New Orleans then departed for return trip.
W E Morris of 3600 Dick Taylor Street will answer to charges of reckless driving in police court after his car struck a street car at Jackson and Wood streets. He said a street car door opened and caused his car to skid into a nearby auto and rebound into the street car, damaging doors and windows. Morris was arrested but released on recognizance.
In Urania Louisiana area completions at No 1 Urania and No 10 Urania in section 19 10 2E overflow oil while three quarter inch pipe limits flow. Keene and Wolf test holds 264 barrels daily with potential rise. Zeignet al to test No 1 M H King 15 10 1 late week. Ayers Bros advances No 2 Urania 18 10 1E and No 1 to beam soon. Alexandria Oil gears up at No 2 Urania near No 1 completion.
After a Scout Council meeting at city hall, Bolton Smith vice-president of the national organization was invited to Hotel Virginia where he received a floral offering from local regional conference president F Holden. Smith thanked the group for its praise noting his trips to the city were self funded out of love for the work and he is highly regarded in the region.
The Oua chita Valley council annual session at city hall honored Bolton Smith of Memphis as speaker. Officers were elected including T. L. James, George Weeks, P. M. Biddigan, and Charles Titche. Smith urged scouts to build character, defend youth, and unite across fourteen parishes to strengthen civilization and democracy.
A fashion feature describes two model combinations for undergarments. The Nile green design closes at the left side with a brassiere and gathered step-in, using 14 yards 36 inch material. the maize voile French model uses a gathered front and back on a band with lace or self-material edging, with ribbon straps and optional embroidery. Prices are 30 cents each for sizes 34 to 46 or 34 to 48 inches bust.
Mrs L S Roberts and seven year old Maurice were severely injured when their car rammed a parked truck on Lovers Lane. The truck owned by Eason transfer company carried iron piping that shattered the windshield. The family had been returning from Alexandria in rain. Mr Roberts swerved to avoid oncoming cars.
Three men from local firms vanished after a hunting trip into swamp country Saturday afternoon. H Carlton of Monroe Steam Laundry A J Bores a Taylor Nash Auto Co machinist and W H Rollins of the Natural Gas Co left in Bores Dodge and planned to hunt deer. Fears mount as bad weather and exposure threaten their safety and a sheriff's search may be organized.
A Shreveport oil scout says Caddo parish oil men will boycott the Monroe route to the LaSalle field due to strict enforcement on the Ouachita and Caldwell parishes roads. They plan to use the Ruston Winnfield route instead, with an agreement circulating in Shreveport oil circles.
A Monroe Welfare Association meeting voted to support the Good Fellows movement and spread Christmas cheer to the less fortunate. Plans for Christmas work were set, and reports on the fundraising drive and upcoming year were given. Mrs. Lizzie Morris praised Monroe’s record, noting some pledges remain.
WwW. M. Bass aged 21 an employee of the Crusader pipeline company sustained a fractured arm yesterday afternoon when the automobile he rode in turned over near Mangham Louisiana. The trailer pulled by a truck carried pipeline workers and overturned on a curved section of the road. Bass was admitted to St. Francis sanitarium.
SALE of 300 Vestal roses by Grace Church Guild. Contact Mrs T G Easterling at 305-1. Also listed built up bonded roofs for flat surfaces with durations 29 15 and 10 years priced 15c 10c and 5c per sq ft. Phone numbers and locations Monroe Louisiana and Walnut Street. Bus waiting room address 208 South Grand. Telephone 772.
The Christmas seal sale in Ouachita Parish expands to Monroe with school children leading the push. Prizes await top sellers, and 25 seals per pupil triggers rewards. James Mullins leads with 505 seals. pins, surprise boxes, and Health Bonds incentivize teams to go over the top.
Collens Pharmacy of this city earned second place in a national window trimming contest hosted by Marinello. The display featured a white satin background and showcased Marinello toiletries. First place went to a Pittsburg store. Monroe Louisiana also submitted notable photos.
An advertisement touts Adlerika as a quick solution for stomach gas and constipation. It claims bowel cleansing in ten minutes using buckthorn bark and magnesium products and promises relief from bloating and fullness. Read shows store location and directs readers to Calvert's Drug Store in West Monroe.
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