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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 22, 1916
Page
6
The Senate and House moved through a crowded agenda with many bills advancing. Actions included approval of a block of measures affecting corporations and oil, a marriage age bill, and a bottle bill, while debates over Carrizal, Carranza, and Mexican policies underscored ongoing foreign crisis tensions.
Rev C C Miller of Lake Providence is among visitors in Monroe today. Items promote Quick remedies and household services appear among local notices including lawn mower grinding and hair styling offers. Public notices warn about accounts and advertising products.
West Monroe births and civil case listings include a daughter for Mr and Mrs H J Neal and cases Jno J Potts vs A Li Green along with bond deeds and sales involving various parties and property. Harvard University celebrates 280th commencement with stadium venue switch for large crowd and 25th anniversary graduating class.
The note lists prices and shifts for several commodities and stocks on Thursday June 22 1916. It shows Vesty with high 3.38 low 12.99 close 22.29, and July figures with various values including 13.47 and 23.12. Also mentions ASST and Jan data with multiple price entries, indicating a period market snapshot.
Liverpool notes show Spot .22 steady with sales and near term futures in refinery lines. July August cone T94 and October November positions quoted at 0.7747 to 0.79 with close indications.
The June 22 1917 Chicago market report shows July wheat at 1.68 BR and September at 1.05 2, July corn around 2.74 1-8, September at 3-4 12 3-4, and oats trading around 46 1-8 to 39 3-8 with small daily moves reflecting price spread across contracts. The data includes high low close figures for multiple months and reflects typical grain price activity.
Reporters overheard that the President would mobilize the nation’s maximum military strength quickly for a short decisive campaign to reestablish order and a stable government in Mexico. The remarks suggest readiness for large scale action if conflict arises.
H R Speed reports a sudden market surge as October cotton tops 16.85 due to shorts getting squeezed by southern spot weakness and fears of war with Mexico. Rumors say strong New York interests have taken the bull side. Freight rates to British ports slip further and seawin costs stay elevated.
Armour and Company issues guidance to employees about militia call ups. Regularly enlisted state militia members will receive the difference between government pay and their Armour salary while in active service. Pension plan participants suspend contributions during military service and service length is adjusted. Notify auditor George Peterson with departure date regiment company position and government salary to adjust records and arrange remittances to families.
Shipping cotton to England keeps buyers paying premium with spot values up. Middling at 13 cents, exports this week reach 96,000 bales vs 52,000 last year. New York Chronicle shows acreage up 12.5 percent to 39,600,000, government area 32,107,000. Weather improves in the South with fair conditions west of the Mississippi. Market suggests taking profits on long contracts, planning to reenter if prices drop. Growing crop slightly backward in some districts, Texas outlook strong. Plumbing ad and contact follow.
A readable directory of local lodges and fraternal groups meeting on Walnut Street and vicinity. Includes War Western Star Lodge No 24, Monroe Chapter 18 Royal Arch, Monroe Council No 8 Royal and Select Masons, Monroe Commandery No 7 Knights Templar, Stonewall Lodge No 8 Knights of Pythias, Ouachita Lodge, Woodmen of World units, and related officers. Meetings listed by night and location with names of officers.
An American refugee from Mexico City arriving in Laredo says Carranza authorities control about 17,000,000 rounds of ammunition at multiple points in Mexico. He reports the government factory runs 14 hours daily to boost supply, producing about 46,000 cartridges each day.
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