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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 27, 1923
Page
6
In New Orleans on December 27 cotton futures extended a cautious advance before retreating from session peaks. January touched 36.35 cents, October 29.15, with gains versus yesterday limited by late selling and mixed spot demand. Spot sales totaled 11,355 bales.
Mayor Lee Thomas of Shreveport visited Monroe Hotel for a Rotary Club luncheon. The meeting supported a five dollar bond for the Louisiana AntiTuberculosis League and featured music by Caroline Cahn and Phillip Bernhardt with Leon Hammond. Thomas praised Monroe and noted his ties to Union Parish as he prepared to visit his mother.
Cotton futures closed easy after an opening firm session driven by higher Liver pool cables and buying. January rose to around 33.93 early, with March and May up, but midday and afternoon activity faded as selling pressure increased. total December tendered and notices against January run high, signaling softening prices.
Liverpool reports moderate cotton trading with 4,000 bales sold including 2,000 American. Receipts reach 24,000 bales, futures close very steady with December through December 1924 contracts listed from 21.12 to 16.39.
Chicago trading shows wheat slipping amid general selling and weak domestic demand while Canadian stocks rise. Corn and oats edge up on bad weather and late rain forecasts. hog price decline drags provisions. Kansas City and Chicago spot quotes list grain grades and futures ranges across currencies and dates.
Money rates from New York on December 27 show firm demand in multiple currencies. Notable quotes include Britain at 484553, France 51112, Italy 434, Germany 2500, Norway 14771-2, Sweden 2689, Denmark 1776, Switzerland 1749, Spain 1300, Greece 210, Argentina 8200, Brazil 1025, and Montreal 979-16 in cents.
Market notes from Kansas City and Chicago show cattle hog and sheep price ranges. Kansas City reports thousands of head with beef cows, veals, stockers, and hogs priced mainly from 5.50 to 9.50 per hundredweight and 6.60 to 7.00 for hogs. Chicago lists hogs at 6.40 to 7.15 and sheep with fat lambs around 12.00 to 13.35, with cattle receipts and varied classes priced from 0.57 to 1.15 per pound depending on type.
Potatoes firm in Chicago with 13 car receipts and a total U S shipment of 829. Limited offerings keep sales slow. Wisconsin sacked round whites No 1 priced 1.15 to 1.25. Minnesota and North Dakota sacked Red River Ohios No 1 partly graded 1.20 to 1.25 and fancy 1.35.
In Chicago prices show butter unchanged while eggs are lower. Receipts total 4 471 cases with firsts at 38 39 and ordinary firsts at 32 35. Geese turkeys and other items noted with mixed figures.
Rebel leaders including Judge Manuel Tellez meet in Mexico City with Flores peace proposal as Obregon directs offensive from Irapuato. Government troops move from Guadalajara to trap Estrada Dieguez forces and prevent escape into the Jalisco mountains.
Forenoon traded with mixed price moves as groups diverged. Stocks including American Locomotive Pacific Oil and Sloss Sheffield Steel and American Cotton Oil preferred hit year highs while oils and several names drifted lower in the afternoon as call money rose to six percent.
A rare hail storm struck Pretoria on Christmas Day with jagged ice lumps weighing more than 16 ounces each. The unusual weather event caused damage and disrupted activities across the city.
The oil man's Santa Claus visited producing fields in Texas Oklahoma Kansas Louisiana and Arkansas delivering a price increase at the wells. A large independent purchaser lifted North Texas north central Texas Oklahoma and Kansas crudes below 39 gravity by 15 cents and those 39 gravity and above by 10 cents. Mexia Currie Powell and Gulf Coast crudes rose 25 cents while North Louisiana and Arkansas grades advanced across all grades.
In Birmingham Alabama on December 27 over 400 delegates and guests attend the twenty first biennial grand chapter session of the Sigma Nu fraternity representing eighty nine colleges and forty three shares.
Edifice suffered soaked carpets books and pews with water stains on walls as fire swept through the historic Grace Episcopal Church built fifty three years ago. Temporary worship spaces planned. local synagogues and Christian church offering use while repairs proceed. In Morristown, efforts continue to retry 16 year old Francis Kluxen for the previous July murder of Janet Lawrence.
New classified ads list for sale or exchange real estate in Midway Garage Bosco Louisiana linked to Monroe real estate terms. Lost wallet in California tourism notes large cash amount and ID. finder to News-Star for Liberal reward. Also a cashier's check warning and a typing shorthand lesson request at 225 Walnut Street.
U S daily average gross crude oil production rose 950 barrels to 1 944 250 for the week ended December 22 per the American Petroleum Institute report California gained 18 000 barrels while Powell Texas fell 14 000 barrels Oklahoma and Kansas showed modest changes Gulf Coast and eastern regions shifted marginally California oil at Atlantic and Gulf ports rose while other port receipts varied.
Monroe Goodfellows report $1,003.41 spent this year aiding over 150 individuals. Recipients received shoes stockings undergarments and a dress or suit materials. Coats sweaters groceries fruit candy and nuts were distributed as needed with country families getting grocery orders. The fund is short about $20 to cover expenses and organizers urge supporters to help. C FE Faulk supervised the work with Mrs. S. C. Porman handling purchases.
The Archbishop of Canterbury's letter to Church of England dignitaries says progress on re union with Rome since the 1920 Lambeth conference has been limited. London papers react, with The Morning Post deeming some statements too fast and far and The Daily Express dismissing union as a mirage.
New Orleans five sentences report that attorney Clay Cooke of Fort Worth Texas must serve thirty days in jail and his client J L Walker must stand trial again for contempt of court as ruled by the federal circuit court of appeals.
The article notes Consolidated Carbon Corporation will complete its drilling and not expand, with United Oil and Natural Gas and a fifth-oldest Monroe field plant running at capacity. It also describes Brazil's boxing boom as intercity tours grow, local tastes shifting to the rough neck style, and Brazilian fans adopting American boxing vocabulary via French sport magazines.
J. E. Henderson says Huey Long will give one final campaign talk in Monroe, likely in the second week of January, after a prior cancellation due to official business. No other Northeast Louisiana addresses are planned unless a call for speaking arises.
A false fire alarm from the box at K Street and North Third brought the apparatus out at 2 20 am today. Chief Roddy and the department crew who answered the call could not identify the culprit who would face the severe penalty provided by law for such jokes.
Due to a morning fire the Grace Episcopal church service is moved to the Monroe Elks Club at 7 30 PM Rev ELF Hayward said before noon today. The service will follow the original schedule with the same participants and readings.
Superintendent Young warns residents planning wild west style celebrations that a law imposes penalties for shooting firearms and other dangerous acts on New Year’s Eve. Whistles firecrackers and harmless noise making are discouraged, but gunfire will be closely monitored and enforced in Mon Toc.
County Attorney Weston M. Hilton said he would seek state help and go the limit to uncover who dug up John Snows body and burned the Jefferson cottage where Snow killed three women and shot himself Saturday.
Omaha welterweight Morrie Schlaifer underwent an eye operation today in Omaha to relief from an injury suffered in a recent bout with Panama Joe Gans. The procedure is not serious.
RIO DE JANEIRO By Mail via A P The Brazilian has taken up boxing and enjoys fights from cinema and cable reports while learning the sport himself. He wears four ounce gloves with unusual enthusiasm inspired by Luis Firpo's near world title challenge to Jack Dempsey, and athletic clubs across the city promote boxing amid growing memberships.
William former crown prince returns to his castle at Oels in Silesia and faces protests from France yet gains support from locals. The Schlesische Volkszeitung notes he will refrain from politics and remains a private citizen welcomed by true Germans.
Mannheim and Aachen top a list of costly German cities per Wirtschaft und Statistik figures. Ludwigshafen Worms and Karlsruhe follow in second place while Berlin Bremen and Hamburg occupy the third rank.
Classifieds in News-Star promote potential high dividend opportunities. Investors are urged to consider classified listings for lucrative income streams, with emphasis on reliability and steady returns.
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