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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 31, 1926
Page
10
New Orleans Cotton Futures closed steady with a net decline of 3 to 7 points. The report shows opening prices for January to October contracts, with spot cotton quiet and minimal sales.
The New York cotton market closed steady with futures 6 to 10 points lower and spot prices unmoved as year end activity quieted trading. Futures listed for January March May July October with modest declines after yesterday's gains and little new southern selling appeared.
Chicago markets end year with a sudden collapse in December wheat prices on the board of trade. Short traders covering positions pushed quotations briefly to $1.39 1/2 a bushel, but the closing range settled between $1.82 and $1.35 as world demand remains uncertain. Corn oats and provisions slipped with a mild overall decline.
Associated Press notes mixed poultry prices and egg quotes in Chicago on December 31. Poultry receipts include five cars with varied fowls and turkeys, while eggs show drops with several price ranges for standard and firsts categories across multiple shipments.
Liverpool cotton market shows dull spot with American grades leading the decline. Prices for American strict good middling 7.89 and other grades slide while total sales reach 3 000, with 2 200 American, and receipts total 8 000 including 5 000 American. Futures end steadier with January at 6.76 and October at 7.1. Official noon close for December 1926 at 6.69.
Reverend J R Downs superintendent of the Home of the Good Samaritan expresses gratitude for support during the holiday period. He notes many braved bad weather to give cash groceries and clothing and mentions five new inmates joining the home. He invites anyone wishing to join or contribute to make the Home their home.
New Orleans reports cotton prices steady with a slight drop and little price fixing. Trade eyes a stronger spot demand after holidays, exports running 876,000 ahead of last year, and anticipation of record consumption in the coming year suggests a possible market uptick.
Wade Johnson scheduled for execution in Gray Ga was granted a habeas appeal by Federal Judge W T Wilson sending the case to the U S Circuit Court of Appeals New Orleans The case arose from an attack on an 80 year old Jones County woman over two years ago Jarrett Benford for his part was later given a life sentence by Governor Walker due to lesser guilt
Colonel Henry A. Dupont former United States senator from Delaware died suddenly at his Winterthur home near Wilmington after a heart attack He was 88 a Civil War veteran and cousin of Senator Coleman T Dupont He had been farming and kept a Washington residence Funeral plans not yet announced.
Two motor accidents were logged by police yesterday. Vehicles driven by W D Reed of 101 Washington Street and Jim Ellis of McHenry Alley collided at Hall and Jackson streets at 3 p m, breaking Ellis’s steering gear on the truck. A Hudson coach struck by Charlie Carter at DeSiard and Sixth streets at 1 p m damaged a fender and front lights.
Washington December 1 Creation of a federal baseball commission may be proposed in congress as a result of the charges of a thrown game between Cleveland and Detroit in 1919. Representative Clyde Kelly of Pennsylvania who has taken an interest in Ty Cobb and Tris Speaker mentioned by Hubert Leonard as involved said he was considering such a move.
Dr. H L Russell dean of the University of Wisconsin and W R Dodson head of Louisiana agriculture toured Ouachita parish. They visited Monroe gas fields oil and gas plants and carbon black works and learned of the large gas field and substantial investment. They planned to continue inspections into Shreveport and meet local officials.
Alabama legislators adjourned after first readings of two $25,000,000 highway bond bills. The plan seeks a 2 cent gasoline tax revenue measure and would authorize a statewide vote on April 12, 1027 to approve road funding for the next four years.
Albert Sheldon Adams head of A. S. Adams Cates realty firm died at his Atlanta home after months of ill health. He had served Rotary International as president and led the Atlanta Rotary club and Advertising Club of Atlanta. He chaired Yaarab Temple Mosque fund drive and served as director of Atlanta and Lowry National Bank and the Atlanta Chamber of Commerce. Survived by widow and four children.
William Cook aged 81 and blind won first prize at the annual contest held by the Worshipful Company of Basket Makers in London, highlighting a distinguished artisan achievement.
The Cumberland River crested near the 56 foot goal after rising slowly from 1882 levels. In Nashville nearly 6,000 refugees linger with about 20 families moved, while property damage tops två million dollars. Bridges at Old Hickory and nearby towns faced washouts as floodwater inundated Ashland City Cumbreland City and Hartsville.
A federal appeals court vacated a 1924 I C C valuation of 49 million dollars for the Kansas City Southern Railroad and barred the commission from fixing future valuations. The ruling aims to speed an appeal to the U S Supreme Court amid similar Pacific coast cases. The railroad valued its property at 265 million dollars.
Local SS Company No 4 answered a grass fire call at 2 20 pm yesterday at Mississippi and Winnsboro streets. Edgar Burns 42 a Black fireman with Missouri Pacific freight No 899 suffered a mangled hand at Winnsboro while adjusting engine No 2321 he was firing. He was taken to St Francis Sanitarium where the left thumb and index finger were amputated.
Two armed men robbed Highland Liberty Bank on Bardstown Road and Bonny Castle in Louisville today, taking about $8,000 from three employees before escaping.
The United States Pan-American aviators landed at 10 15 a m and pressed on with their round trip through South America. Puerto Mexico is listed as the next stop on the route.
North Louisiana Poultry Association prepares a three day show January 5 to 7 with prominent experts delivering talks and exhibits. Entries urged immediately by manager H. C. Hazel as birds must be in coops by 9 p.m. January 4 for display and sales of fancy stock to raisers with surplus birds.
A seven day Christmas lull halted activity in Louisiana oil and gas fields per Captain R P Webb. Four new locations were announced three in Ouachita parish and one in Grant parish with Richland parish reporting no new sites.
Judge Charles Schulze presided yesterday over condemnations for public disturbance and traffic. H. Zeigler fined 12.50 or 12.2 days for disturbing the peace. Queen Smith, described as negress, fined 12.50 or 12% days for fighting and disturbing the peace. M. Walter fined 35.50 for violating highway traffic regulations.
J. W. Weston, Missouri Pacific agricultural agent, returned from California and praised Louisiana agriculture. He notes Louisiana uses less fertilizer, requires no irrigation, and benefits from lower freight and express rates. California shipments take seven to ten days from Chicago, while Louisiana saves five days, lowering time and costs. Weston spent Christmas in Los Angeles amid unusual light snowfall and ice.
There will be city carrier deliveries from the local post office all day tomorrow. Rural deliveries will not be made. General delivery window will be open from 11 30 a m to 3 50 p m only.
Mrs Nonnie Rhymes aged 50 of Lucknow Richland parish died early today after a short illness. She was the wife of Robert Rhymes and a respected resident. Funeral services will be held at her residence tomorrow at 11 a.m. followed by burial in Rhymes cemetery nearby.
The plan uses highway fund two from six parishes Orleans Jefferson St. Tammany St. Charles St. John and Tangipahoa license proceeds about 400000 yearly to finance the Hammond New Orleans highway and free bridges at Chef Menteur and the Rigolets. Leaders Peterman Wooten Cooper lead a strong commission devoted to state interests.
Mrs. Wooten welcomed her husband’s appointment while in Mont and Baton Rouge was cited as the capital city. the family plans no move, staying in Mont. Mr. Wooten could not be interviewed today at home as he had left for the capital yesterday and remains there.
Dr W D Haas 59 central Louisiana banker was held without bail in Avoyelles parish awaiting grand jury action on the charge he shot and killed R Hill Smith manager of Union Cotton Oil Co in the mill office at Bunkie. The district court in Marksville had dismissed murder charges against Haas son W D Haas Jr and Franklin T Mixell after a preliminary hearing.
Los Angeles DA Asa Keyes ends the year by announcing he will not drop charges against Aimee Semple McPherson. His decision follows new testimony from star witness Mrs Lorainne Wiseman Sielaff who reinforced her account in the Carmen hoax case amid an earlier shift in her story.
The Ouachita Valley Council Patrol Leaders camp and training course began this afternoon with about forty or fifty boys enrolled. Attendees come from Bastrop Ruston Farmerville Jonesboro and Monroe. The program features boy led cooking and a fireless cooker demonstration with a certificate awarded on satisfactory completion under J. J. Keith with troop leaders assisting.
Realty transfers record several deeds across West Monroe and surrounding areas. Steele to Alburnia Thompson acquires Lot 38 in Renwick and Atkinsons Addition for 300 dollars. Haynes to Grant assumes mortgage and trades a Star sedan. Flanagan purchases multiple lots in McGuire subdivision for 1500 dollars. James to Allan Scholars buys half block in Breard Home Addition for 7000 dollars. Golson family sells extensive tracts totaling 800 acres plus, to Charles W. Golson for 4000 dollars.
A vintage drugstore advertisement promotes Frozen Fruit Cake Ice Cream. The brief note urges readers to ask their druggist for this dessert option, highlighting its availability and novelty.
In Montgomery quarters West Monroe last night about 6 30 two Black men aged 45 Will Brock and Will Dunn exchanged shots. Brock was wounded in the chest and is in St Francis hospital with doubtful recovery. Dunn sustained three arm shots but his condition is not serious. Sheriff Milton Coverdale says Dunn acted in self defense after Brock demanded he move a piano. Brock, a lumber company worker, accused of pursuing Dunn’s wife, and Dunn, a quarter caretaker, were not allies.
Diaz reports a severe loss as Cuadra Pasos warns of a Mexican diplomatic drive in Central America. Sacasa describes Denver and Cleveland landing troops and guns at Puerto Cabezas, with a neutral zone hindering movement and isolating him while he seeks sovereignty.
The dialogue suggested possible private talks on recognizing the Soviet government, but a sudden shift and renewed U S insistence that Russia reform and honor past obligations halted progress. Russia offered to send a delegation to Washington to resolve disputes, while U S officials maintained no recognition until Russia cleans house. Senator Borah indicated ongoing support for recognition without official clarification.
An official notes that discussions on forming conversations were suggested by Russia while confirming an ongoing consideration of the Russian question. The official declined to comment further beyond that point.
The State Department said no official approaches were made to Moscow regarding Soviet recognition in the past year. It stated the U S government will not barter recognition and will only act to restore confiscated American property and compensate, if Moscow repeals decrees repudiating obligations. Negotiations require actions from Moscow.
The article outlines a split over applying an equalization fee to cotton now versus after legislation. Senator Harrison seeks intermediate credit liberalization while Representative Swell pushes McNary Haugen toward defeat. Senator McNary doubts passage this session as few votes shift. House farmers need 23 more votes to secure support.
Members of the Association of Producers of Petroleum in Mexico and executives of major American oil concerns met in New York to discuss action after potential Mexican land law changes. They adjourned without a plan, denying reports of seeking time extensions or official government decisions. Earlier talks suggested possible extensions or opposition from President Calles. The dispute centers on preventing confiscation of thousands of acres and affecting cross border oil interests.
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