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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jan 27, 1925
Page
8
Cotton futures in New Orleans opened steady with March at 23.10 and May 23.37, later slipping as Liverpool cables suggested a master spinners meeting may cut weekly hours. Overnight bids showed minor declines, while hogs and cattle market data from Chicago appeared alongside.
Cotton futures closed steady with gains of 11 to 14 points as March through December contracts posted mixed moves. Traders cited weaker trade reports, lower English spinning hours, and soft goods markets, with late buying supported by improved spot demand in the south and stronger exports.
Liverpool reports moderate cotton trade with prices steady. Ranged values show strictly good middling at 13.43 and 15.08, middling at 12.68, and low middling around 12.08 to 12.38. Sales totaled 8,000 bales, including 5,609 American. receipts 47,000 bales. Futures closed steady with January 12.85 and December 12.49.
Chicago grain prices surged to new highs on May wheat and quick gains in corn and oats, aided by reports of Hungary buying in Argentina and strong US spot demand for Europe. May futures opened up and then retreated as profit taking spread, with May corn and oats also sliding from initial gains. Kansas City cattle and calf markets showed varied ranges with cattle around 7.50 to 10.06 and yearlings near 11.00, while feed costs kept pressure on livestock.
Butter un changed and eggs lower with receipts of 930 cases. Firsts ranged 54 for standard, 50 to 51 for ordinary firsts, and 44 to 45 for refrigerator firsts. Poultry alive higher with fowls 18 to 25, springs 25, roosters 16.5, ducks 28, geese 21 to 22.
Six men enlisted at the Monroe U S Army recruiting station in the federal building. Names include Paul R. Becton West MonroeLee F Peters Sterlington Richard J Moore Sterlington Roy Maw Wilmer Harvey Moore Lucknow Alf L Murray Dodson. Total for state 76 since January 1. Griffith says ranks are full and recruitment paused until further notice.
A pleasant Pierian Club gathering in Ruston featured a program on The Turkish Empire with Mrs. W. P. Robinson and Mrs. A. J. Thigpen. Honorary members were Mrs. M. Henry of Nashville and Mrs. G. C. Thatcher of Havana. Mrs. H. W. Smith resigned to move to Texas and became an associate member. Nineteen twenty six members attended with refreshments served.
Monroe officials report lax occupation tax payments due January 1 with an extension to March 1. About 1200 owe, only 67 have paid. city collectors urge prompt payment to avoid last minute rush and delays.
William Lester Crawford, a young Dallas attorney, stands trial for the murder of Paul O Day, an opposing lawyer who helped challenge Crawford's father’s will. Crawford contends O Day drafted a brief that slurred his mother's good name, leading to the fatal shooting.
J M Egan vice president of operation for Missouri Pacific died in a St Louis hotel after a two week illness at age 44. He had recently been in Monroe and Alexandria for a conference on discontinuing two local trains, and was regarded as a key and highly experienced railroad executive.
Henry Reed, a Negro, was found guilty on three counts in city court this morning. He received $100 fine or 100 days for carrying concealed weapons, $112.50 or 100 days on a state charge, and $15 or 15 days for possessing liquor. Katie Carter was sentenced to 20 days for acting in a dangerous manner. W. H. Holcomb appealed a $32.50 speeding fine. Other defendants included Julia Allen fined $15, E Cravens $25, and Myrtle Hale $50 for anti vice or related charges.
E L Nichols 42 president of Mississippi Creamery at Sardis Miss was wounded in a Memphis hospital with bullet wounds to lung and shoulder Ed Taylor 32 deputy sheriff is jailed in Sardis awaiting Nichols outcome. The shooting stemmed from a business disagreement. Nichols was brought to Memphis for surgery and is listed as in fair condition.
Classifieds push in News Star touted as a path to large profits through ad investments. Local readers urged to place ads to capitalize on market demand and potential returns.
In Rayville Louisiana the Fifth District grand jury opened a regular term with Judge McIntosh presiding. The first week focuses on misdemeanor cases as prosecutors expect light work. Local paper Richland Beacon News marks its 55th birthday and notes long ownership by the Mangham family.
Regular term of Eighth District Court convened in Columbia Louisiana jury began trial of J B Coxey for receiving stolen goods. After hours of testimony jury quickly acquitted him. Case of G T Lebert for Ed Turner murder at Clark continued to April. P H Mercer charged with stealing express parcels sought counsel after pauper declaration. court declined appointment as he posted five hundred dollars bail.
The friends of Mrs J E Hanna regret to hear she is hospitalized at St Francis sanitarium with double pneumonia. At 81 years old, several relatives have been summoned to her bedside. In Lennon's garage gasoline ignited by a gas stove burned the tops of three automobiles before firefighters arrived and quelled the fire.
Real estate transfers recorded yesterday include J. N. Walker selling land to Central Carbon Co for 330 dollars, W. N. Reynolds selling land to Brown Paper Mill for 1600 dollars, and Cyrille Pecastaing selling land to Brown Paper Mill for 900 dollars.
January 24 1925 Monroe Louisiana city council legal session adopts several measures including approving a $5000 settlement for the death of Col R A Young Jr due to contact with a city electric wire. The action releases the city from further claims and authorizes payment from the General Fund with notes due over two years.
Public notice announces a bankruptcy sale under the order of the United States Court. Trustee will conduct the sale between 10:00 a.m. and 2:00 p.m. on Tuesday January 27, 1928, at the front door of the storehouse of John Knox Nunn.
Notarized amendment records Ouachita Flour and Feed Company in Monroe Louisiana changing Article IV to fix authorized capital at 300000 dollars divided into 3000 shares of 100 dollars each. 2000 common stock with voting rights and 1000 preferred nonvoting stock paid from earnings with eight percent dividend, redeemable, fully paid stock rules, and signatory requirements by president and secretary.
Amendment to the charter records capital stock changes for The News Star Publishing Company Ltd. Stockholders approve raising capital to 200 000 dollars with 2000 shares of 100 dollars each and potential increase to 500 000 dollars by three fourths stock vote. The amendment documents signatures, notary attestations, and filing details with Ouachita Parish records on January 10 1925.
Court in Ouachita Parish Louisiana certifies that the two pages are a true copy of the act and articles of amendment to the charter of Ouachita Flour and Feed Company Inc recorded in Charter Book C on December 20 1924. Deputy Clerk Mary Lou Trawick signs and seals this certification dated January 12 1925 with subsequent dates January 13 20 27 February 3 10 17 listed for filing events.
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