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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 08, 1926
Page
4
The Orleans market opened steady with early trades up to 2 points and Liverpool demand heating. July futures climbed about 9 points to 17.67 as weather maps showed no adverse western belt changes, with October to 17.07 and December to 17.06 amid steady afternoon chatter.
Wheat prices rise sharply with opening advances of 0.5 to 1.3 cents as reports of crop damage and dry conditions in Kansas Nebraska spread. Corn oats and provisions show solid strength with corn up about 0.5 cents before climbing, while Kansas spring wheat areas report cutting and drying conditions affecting shipments.
New York cotton futures opened steady with gains in July and December contracts. Weather reports remained favorable and Liverpool activity supported prices. near-month shorts covered, lifting July to 18.56 and December to 17.41, while new crop sales were light ahead of weekly crop progress reviews.
Liverpool cotton prices show steady spot with American grades leading. American sales reach 4,000 bales out of 5,000 total, receipts 17,000 bales of which 13,000 are American. Futures closed quiet with listed prices for nearby and distant months.
Hogs 22 000 head bulk 240 to 326 pound butchers 14.15 14.65. Good and choice 22 pounds down 14.70 16.00 with top at 165.00. Bulk packing sows 13.00 13.35. Slaughter pigs 16.00 down. Medium weight hogs 14.40 15.00. Packing sows 12.90 13.50. Slaughter pigs 14.35 15.00. Best matured steers 10.66 yearlings 10.15 light weight heifers 9.90. Several loads matured steers 10.25 10.50. Heavy Bologna bulls 6.00 6.25. Dealers 12.50 13.50 to packers. Outsiders upward to 1400 and better. Sheep 7 000. Seventy pound Idaho lambs 18.75. bulk desirable natives 18.00 18.50 calls 18.00 18.50. Most yearlings 14.50 15.50. Desirable handy weight native ewes 6.80.
Chicago June 8. Batter prices higher while receipts show 26,667 tubs with creamery extras ranging 39 to 403 and extra firsts 39 to 591-2. Poultry alive steady with fowls 27, broilers 28-33, springers 38, turkeys 36, roosters 17, ducks 30, geese 21. Ges unchanged with receipts 36,409 cases.
Spencer L. Carter presidente National Fertilizer Association opposes Muscle Shoals fertilizer production at a price below private market value. He heads a speakers list including George R. James of Memphis and F. S. Lodge of Chicago at the group’s second annual meeting in White Sulphur Springs West Virginia. Carter urges keeping nitrate plants standby for defense and using part of generated power for chemical experiments and peaceful uses. If fertilizer results, it should be produced and sold by private enterprise.
France moves to restrict bread meat and essentials under a four minister committee rule. Expect bakery closures one day a week and rationing of flour for pastries. Butcher shops may close once or twice weekly and bread cards are unlikely though cards for imported items may appear. Finance Minister Peret denies large depletion of francs reserves.
Mayor Arnold Bernstein and City Attorney Russell will travel to Baton Rouge this afternoon for city business. Commissioner Breard takes a fishing trip in South Louisiana. W A Busch of El Dorado hires W R Julian to report on Coco Bead tes in section 28 15 3E drilled to 1368 feet and abandoned. Julian urges immediate completion. T E Barton of South Arkansas undertaker visits Monroe for the profession retirations.
Mrs Dellora Angell Norvis, aged twenty two, heiress to John W Gates millions, has given birth to a daughter, her third child.
The Lions Club accepted an invitation from J J Keith to dine at the Scout Camp next Tuesday evening replacing the next noon luncheon. An artesian well will be drilled at the camp to supply water for the swimming pool and drinking water. Committees from Kiwanis and Rotary will form a community chest effort for Monroe. Vocal solos by Miss Elizabeth Johnson and Mrs Henry Whitfield were performed.
Brazilian delegates said they knew nothing of any plan to quit the League despite a Rio de Janeiro dispatch citing O Globo. Officials noted Article 1 requires two years’ notice, so Brazil would remain a member for two more years even if an announcement were made.
At the Alabama Mayor Convention in Fairfield George E. Crawford Mobile mayor says building docks and wharves at Mobile port is rapidly advancing with first unit due to be finished this year. He notes policy under General Sibert and Governor Henderson aims to avoid political influence in hiring as construction proceeds.
Washington reports a surprise rise in internal revenue, with income tax receipts reaching 1,542,238,000 this year, five percent above expectations. The stronger collections allow the treasury to retire maturing securities from current funds, reducing the public debt by 3.833 billion and aiding quarter end obligations. June 11 payments may total near 300,000,000.
Louisiana lawmakers consider a short act to dedicate the state's one-eighth royalty from mineral leases to fund public education. Representative J W Ethridge says the measure offers a logical solution to securing more school funds across the state. The proposal seeks to endow schooling through the royalty revenue.
In Chicago a second special grand jury is convened within five weeks to probe fraud and corruption in Cook County April primary and to continue the inquiry into gang warfare and the murder of W H McSwiggen. Special prosecutor Charles A McDonald leads the probe as State’s Attorney Robert E Crowe promises a free hand for the jury.
Florida voters cast ballots to name nominees for three national party officers and state posts. The June primary featured a race in the fourth congressional district and the candidacy of Ruth Bryan Owen, daughter of Wm Jennings Bryan, as the first woman contender for a major Florida office.
W L Mellon of Pittsburgh, nephew of Secretary Mellon, is listed among sixteen witnesses summoned to appear before the special senate campaign investigating committee in its inquiry into Pennsylvania Republican primary expenditures. The session is set for tomorrow.
Silver brocade dress with back buckle and front shift, omits Egyptian girdle. V neck, cape option, no girdle. Medium size uses 3 yards 36 inch fabric. Sizes 14 to 18 years and 34 to 42 bust. Price 45 cents.
A three cornered race involved Pepper Ware and Tinchot with Ware winning. The committee issued subpoenas for Wednesday for all three candidates to appear. State managers Cyrus E Wood Harry A Mackey and C Jay Goodenough were summoned along with campaign treasurers to bring books and papers.
The Senate considers tax extension for roadbuilding and state highway takings in Rapides Allen and Beauregard parishes. Bills address bond requirements for justices of the peace and contractor protections with surety bonds. Eugenics measure seeks marriage bans for those with certain illnesses. A Davey bill seeks higher judicial advertising rates for parish newspapers.
Court records in Ouachita Parish Fifth District show a sheriff sale under a writ from the Fourth Judicial District Court for Edith Jones in case No 13947. The notice cites Laza Caspari as plaintiff with the response due under state law.
Milton Coverdale sheriff announces sale of described property at the Monroe courthouse on July 10 1926 to satisfy a writ of fi fa. Property lies along DeSiard street near Youngs Bayou with Lot fronting 50 feet and 100 feet deep between L R Powers and Nancy Mitchell. Cash terms with lien and unmatured notes assumed by purchaser and appraisement to the high bidder.
Two probate sale notices from Ouachita Parish Louisiana list the Fourth District Court actions in Monroe. Marie Edgar and Louisa Johnson administer estates with properties including vehicles, cattle, land in sections and blocks, plus lots in Oklahoma City, advertised for cash or credit terms to satisfy debts. The dates span May 18 to June 18, with sale at the Monroe courthouse western front door.
Louisiana notary records on April 26, 1926, documenting the formation of Standard Gin & Manufacturing Company, Inc as a corporation for 499 years. The charter sets the parish domicile in Ouachita, authorizes stock issuance signed by president and secretary, and allows borrowing and secured or unsecured notes, with corporate seal and broad business powers.
The charter outlines a Louisiana corporation to operate oil and by products plants, ice storage, cotton gins, glass and tin production, and retail or wholesale feed businesses across Louisiana and other states. Capital stock fixed at 50 000 dollars, later adjustable to 100 000, with a three to seven member board. Initial directors named J. T. Austin, Jno J. Potts, and T. E. Flournoy, stock subscriptions listed for Austin, Flournoy, and Potts. The document sets election dates, voting rights, and fiduciary safeguards for stockholders.
Certification by Ouachita Parish officials records the charter of the Standard Gin & Manufacturing Company Incorporated, filed May 7 1926, with copies of signatures and notary seals and official clerk attestations. The document notes recording in Charters Book C page and dates May 12 18 25 June 1 8 1926.
Sealed proposals will be received until June 15, 1926, for the construction of a 288 foot bridge over Bayou Dev Siard. Information on location, scope, materials, payment terms, and submission regulations may be obtained from civil engineer S. E. Huey at 505 Ouachita National Bank Building, Monroe, Louisiana.
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