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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 04, 1926
Page
6
Futures opened steady with January bid at 17.21 and July 17.79 while December stands at 17.22. Early trades showed 6 to 7 point gains as New York advances over the holiday lift prices above prior close, then ease later on news of improving weather in the eastern belt.
New York cotton futures opened steady and rose slightly on favorable cables but trading remained quiet and uneven. Traders weighed rains in eastern sections against possible excessive rain in the southwest with a unsettled outlook. July futures eased from 18.87 to 18.34 while December traded 17.68 to 17.57 before closing near the previous level.
Liverpool spot cotton remains quiet with steady quotes for American grades. Prices show strict good middling 11.27 and other class levels, with 4 000 bales traded and 13 900 receipts. Futures closed steady with June through May contracts listed.
Chicago brokers report aggressive buying lifting wheat to weekly highs. Germany faces grain famine rumors with Nebraska crops heading short while corn and oats ease after an initial uptick. A trade source notes cash wheat moving toward new crop prices as summer deliveries loom.
Lieutenants A Hornsby and R D Knapp, U S aviators from Montgomery Field Alabama, arrived in Monroe in a photographic plane to photograph the Huff Daland flying field for aviation service records. Cloudy weather prevented pictures and they will return soon. Travis Oliver of Monroe drove the officers to the field.
BATON ROUGE June 4. Senator Pike Hall's firemen pension and relief fund bill for Shreveport and similar policemen funds for cities 25000 to 100000 were reported favorably by the House committee on municipal affairs. Other bills by Senator King on municipal government form amendment and tax collection acts were also reported favorably.
A House move to indefinitely postpone the Lee court bill granting a salary increase for the register of conveyances was defeated after Rep S N Defuentes of Orleans offered a substitute. Rural representatives condemned Orleans over salaries, arguing the raise would not tax state residents and was pushed without a hearing. The motion to table failed 59 to 8.
Mrs. Mary Gewin aged 76 died at home near Eros and was buried at Beulah cemetery. She was the widow of W. T. Gewin and survived by several children. Fannie Beasley 43 died at home yesterday and burial was at Liberty cemetery. Alice Colvin one-year-old of Dubach died after a short illness. body sent to Dubach for burial.
James Oliver Switzer aged AL years died at his home 412 Stone Avenue at 11 30 today after a long illness. He worked in the lumber business for years and was foreman for Grayling Lumber Co until illness forced retirement six months ago. He leaves a wife and two siblings D H Switzer of Jena and Mrs R A Winfield of Mississippi. Funeral at the Stone Avenue home tomorrow at 4 30 p m with Rev D W McElroy officiating. Burial in Riverview Burial Park.
Chicago market report shows hogs around 240 to 325 pounds trading 18.80 to 14.60 for top and bulk, with packing sows 12.60 to 12.85 and slaughter pigs 14.00 to 14.78. Cattle section lists 8,000 head with best mature steers and yearlings 8.78 to 10.00 and veal 13. Prices indicate weekday activity across hogs and cattle with mixed weights and term notes.
The LaSalle sector lists numerous new drilling sites including Ayers Bros Miller No 1 31-11 2B H L Hunt Tullos No 12 13 26-10-1E and Tremont B-5 25-10-1E along with Tremont A-8 36-10-1E Montague Oil Zenoma No 2 11-9-1E and others Natural Gas and Fuel Urania E-5 E-6 E-7 E-8 18-10-2E Urania F-1 24-10-1E plus C House man Horton No 1和 Cooper No 1 8-20-4W Parks No 2 30-20-4E indicate widespread activity in the region.
A 16 year old girl from Milliken Louisiana was arraigned before US Commissioner O Kelly on embezzlement charges. She pleaded guilty and was released on a 500 dollar bond. Authorities say she embezzled 400 dollars from the Milliken post office. Deputy Marshal Gehringer arrested her yesterday.
Atlantic City June 4 Charles Brandon Booth son of Maud Ballington Booth told General Federation of Women's Club members that consecrated service can greet adolescence dangers. He urged extended sister and brother service to aid youths. Discussion covered biennial session length and postal book discrimination resolution. resolutions sought two year Shepperd Townsend act extension and retirement for disabled WWI officers.
Greensburg Pa June 4 By A P J Michael Dorotski 28 a coal miner of Salemville killed himself after learning the baby was a girl Mrs Dorotski in bed with their two day old daughter said her husband wanted a son and after drinking heavily barricaded him in a room and fired a bullet into his head
J D Presley, shot and seriously wounded Tuesday by Joe Frawley, shows marked improvement this morning at St Francs sanitarium and now has a real chance to recover. Sheriff’s officers continue efforts to apprehend Frawley who remains at large.
In Urania LaSalle oil field Hardtner Oil Company No 3 well 2 38 inch lead pipeline to a 300 barrel initial then 2000 barrel daily gusher with four completions in one lease all flowing into a 3000 barrel pit. Other wells Abercrombie King No 7 producing 2500 barrels and Roberts No 2 and Bennett No 3 still gushing with about 2000 barrels daily.
Hawaiian Islands face water scarcity as Oahu battles drought. Sugar cane growth slows despite the crop’s prominence. unsprinkled lawns wither and household water supplies dwindle. Tramps from Schofield Barracks relocate inland as rainfall drops from last winter and artesian wells recede from 42 to 25 feet above sea level.
Capt Charles M Develin commandant of the Norfolk Naval Hospital was found guilty by a court martial on charges of drunkenness conduct prejudicial to discipline and misuse of government property The sealed verdict returned late yesterday indicated the decision against the accused with official announcement to come from the Navy Department in Washington.
Millard Flacey of this city, a Missouri Pacific Railroad employee, suffered painful injuries when the motor car he rode jumped the tracks near Spencer, Louisiana. He was taken by auto to St Francis Sanitarium in Monroe after returning from work in Strong, Arkansas, where illness had struck him. He sustained a deep gash above his left eye, injuries to his side, and bruises, though his condition was not serious.
A state legislative roundup notes the repeal and modification efforts on the rail stop law to stock movement within state borders. The agricultural committee approves the Smith tick eradication bill, detailing zone dipping under state sanitary board control with zone by zone quarantine and state funding for dipping. A joint House Senate committee returns a measure placing motor buses under the public service commission to set rates and grant franchises. Six Senate bills pass, led by King on parish prison farms, plus district creation in Webster and Bossier, liquidation of drainage districts, capital stock for clubs, and new district judgeship in East Baton Rouge and subdivision regulation by police jury. The Senate adjourns to 8 p m Monday.
The state will rest its case today in the Ernest Burkhart trial over the slaying of Osage rancher W. E. Smith. Burkhart faces charges linked to W. K. Hale and John Ramsey. Hale and Ramsey await trial. Defense says Burkhart will testify.
Buffalo reports a sale involving Southwestern Petroleum stock with Midland Spear Company of New York acquiring Midland Spear, led by John T. Harris as provident. The deal is said to involve 815000080 dollars and traces to the late George A. Pareman who held part of the stock.
The text notes a desire by executors to equitably distribute holdings to heirs. It identifies the Southwestern company as having principal presaction fields in Oklahoma and Kentucky with additional holdings in Kansas, Texas and Wyoming.
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