Bull Movement Grows in Market Amid May Squeeze Hints
Market chatter points to a potential large May squeeze as bullish momentum intensifies. Traders watch for possible price gaps and renewed demand from institutions amid rising bullish sentiment.
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02 Mar 1910
Page 1
Monroe News Star in Monroe, Louisiana
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Mar 02, 1910
Page
1
New York Cotton Exchange Leaders Pushing Bull Move
New York reports a stronger coordinated bull group led by Patten Hayne Scales and Brown with Chicago New Orleans and Texas allies. Traders expect higher prices as May and June options rise amid fears of May squeeze and looming crop prospects in Texas as planting begins.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Brown Scales
Hayne
Patten
Mr. Patten
Brown Hayne and Scales
Chicago
New Orleans
Texas
Wall Street
Scales
W. P. Brown
Frank Hayne
Bull Lique
Southam
Liverpool
Farm demonstration work to be supervised at four farms
State Agent J A Evans and assistant Mason Snowden will supervise four demonstration farms free of charge, with 15 to 25 acres set aside by local farmers. A two day convention in North Louisiana on April 1 and 2 will train agents and plan for a grand farmer’s rally expecting up to a thousand farmers. Dr S A Knapp and other leaders will attend. Assistant state agents from many parishes will be present.
MENTIONED IN THIS ARTICLE
Progressive League
League
J. A. Evans
United States Department of Agriculture
Mason Snowden
Messrs
W. E. Allen
W. C. Barringer
T. M. Parker
Guy P. Stubbs
Louisiana
Cotton market mood shifts as bulls eye 16 cents
Early planting outlook growing as a potent factor for price direction. Despite quiet yarn and cloth markets and a dull stock market, bull leaders remain confident prices can rise above 16 cents. Last week May options fell to 138.80 and July near 135.8 cents, curbing shorts while Operators push back with renewed buying.
Ex President Roosevelt Visits Bar Eljebel on Nile
Ex President Roosevelt and his party arrived at Bar Eljebel on the upper Nile and were greeted by an enthusiastic reception today.
MENTIONED IN THIS ARTICLE
Gondoroke
Sudan
Roosevelt
Bar-Eljebel
Upper Nile
Mills Sworn In as New Mexico Governor
Santa Fe reports former Chief Justice William J. Mills took the oath as governor of New Mexico on March 1. Chief Justice William H. Pope was also sworn in on the same day, marking a high level transition in state leadership.
MENTIONED IN THIS ARTICLE
Santa Fe, N. M
Wm. J. Mills
New Mexico
William H. Pope
Pure Food Commissioner Orders Return of Catsup Shipment
New Orleans March 2 Dr Hamilton P Jones state pure food commissioner ordered Southern Pacific Steamship Co to return to New York a large shipment of catsup from Charles S Hirsch Co to Henry Hyman a local wholesale dealer. The consignment failed Louisiana pure food law due to benzoate of soda content and added distilled vine lar.
MENTIONED IN THIS ARTICLE
New Orleans
Hamilton P. Jones
Southern Pacific Steamship Company
New York
Charles S. Hirsch Company
Henry Hyman
Poydras Street
State Board of Health
Harry Hyman & Co
Chas. S. Hirsch & Co
Hirsch Firm
Hyman
Avalanche Sweeps Trains and Town Section in Snow
A heavy snow event caused an avalanche that swept two trains off tracks and damaged part of a town. Authorities reported vehicles buried and rail service disrupted with debris blocking roads. No definitive injuries announced as emergency crews assess the area.
Alain Answers Gall Daps
Well known citizen passed away at six o clock last evening.
MENTIONED IN THIS ARTICLE
Alain
Avalanche Destroys Wellington Trains Killing Dozens In Cascade
An avalanche roared down near Wellington at the west gate of the Cascade tunnel sweeping two Great Northern trains and part of the town. The Spokane Limited and the westbound mail train were buried in snow and houses swept away. Fifty or more feared dead as communication with Wellington was cut off.
MENTIONED IN THIS ARTICLE
Everett
Wash
Great Northern Railroad
Wellington
Cascade Tunnel
Skyhomish
John Wentzel
Spokane
Man Convicted of Assault Sentenced to Hang
In Hot Springs Arkansas Henry Poe, a Black man, was convicted yesterday of assaulting a 10 year old white girl and today sentenced to death. A motion for a new trial was overruled.
MENTIONED IN THIS ARTICLE
Hot Springs
Ark
Henry Poe
Mississippi River improvement plan backed by commission head
Col. W. H. Bixby told the Senate Commerce Committee that completing lower Mississippi revetment and bank protection in ten to twenty years hinges on Congress funding. He urged continued liberal appropriations, noting $4 million yearly and potential gains from faster work, with extra funds enabling expansion and an additional revetment party. The hearing followed House Rivers and Harbors approval and featured Lakes-to-the-Gulf supporters to counter objections.
MENTIONED IN THIS ARTICLE
Washington
Mississippi
Mississippi River Commission
Congress
Commission
Senate Committee On Commerce
W. H. Bixby
Burton
Ohio
Great Central Valley
Lower
Army
Col. Bixby
House Committee On
Rivers and Harbors
Lyman Cooley
BE. C. Hines
Ruston Poised to Land Local Peanut Factory
Ruston clings to hope of securing the promised peanut factory with Rock Island rail rates matching Shreveport. A meeting of all deal parties will be held here next week to finalize the factory’s location and stake the town’s claim.
MENTIONED IN THIS ARTICLE
Ruston
Rock Island
Shreveport
Memorial for Captain McLain Recalls Generous Monroe Benefactor
T E Flournoy and Mrs M F Standifer lead a list of relatives and friends mourning Captain McLain of Monroe. He donated to Y M C A and Grace Episcopal charities, belonged to the Elks Knights of Pythias and Knights of Honor, and wished six trusted Black pallbearers from his plantations for the service. Religious leaders Bishop Davis Sessums and Rev H R Carson to conduct services with lodge attendance as appropriate. The exact funeral time awaits arrival of his sister from California.
MENTIONED IN THIS ARTICLE
T. E. Flournoy
M. F. Standifer
New Orleans
T. C. McLain
Vicksburg
W. B. McLain
Monroe
Captain McLain
Grace Episcopal Church
The
Elks
Knights of Pythias
Knights of Honor
James
California
Davis Sessums
H. R. Carson
Grace Church
Monroe Lodge No
B. P.O. Ellis
Shriners Plan Special Train for New Orleans Gathering
Nearly a hundred local Shriners anticipate the national meeting in New Orleans April 10 to 15. A special train from Monroe is likely with cars parked in New Orleans, aiming to accommodate hotels and rooms, with round trip fare around 8.80 dollars and car charges about 5 dollars per day.
MENTIONED IN THIS ARTICLE
New Orleans
Monroe
Iron Mountain
Swain
George H. Smith
Johnson
Tron Mountain
Perrin Announces Candidacy for Board of Equalization
New Orleans reports from Harrisonburg that Senator T. W. Perrin announced his bid for the Fifth district seat on the Board of Equalization. Perrin, a former parish superintendent of education, now serves in the State Senate.
MENTIONED IN THIS ARTICLE
T. W. Perrin
Member
Board of Equalization
New Orleans
Harrisonberg
Fifth Congressional District
Parish
State Senate
Working for Arbitration in Philadelphia Business Men
Philadelphia businessmen pursue arbitration to avert a general strike. Officials urge compromise as tensions rise over pay and conditions threatening citywide disruption.
Philadelphia faces looming general strike as transit talks stall
As labor plans a citywide sympathy strike, Philadelphia Rapid Transit refuses arbitration with striking workers. The company cites increased car runs and sudden quits. Public ridership rises while police presence remains heavy and violence has largely subsided.
MENTIONED IN THIS ARTICLE
Philadelphia
Philadelphia Rapid Transit Company
Ohio Flood Leaves About a Thousand Homeless
A large Ohio region faces widespread homelessness as floodwaters drop but relief is slow. About a thousand people have no homes while others shelter on upper floors of houses amid persistent dangers from ice gorges and lingering flood conditions.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Foggy harbor collision injures few on ships
In New York harbor a fog bound collision occurred when the British steamer Sidra struck the Norwegian fruit steamer Minnesota shortly after 9 am. The Minnesota suffered a broken bow and heavy damage from deck to waterline but no serious injuries were reported.
MENTIONED IN THIS ARTICLE
New York
Sidra
Minnesota
Western Styled Express Wagon Hold-Up Near Union Station
Two armed men held up express wagon driver F. A. Racine near Union Station in Chicago today. They took about $35, the wagon was empty, and the robbers fled, believed to plan a larger haul.
MENTIONED IN THIS ARTICLE
Ohio Valley
New York Harbor
Chicago
F. A. Racine
Union Station
Father Judge Patrick V. Judge Dies in New Orleans
Father Patrick V. Judge assistant rector of St. Stephens Church died of pneumonia at Hotel Dieu aged 54. Born in Ireland he came to the United States at seven, studied at Niagara Falls and Germantown, and was ordained in 1887 serving in Chicago St Louis and New Orleans. He leaves behind a family in Lockport NJ. The McMillan Real Estate Agency moved to Bank of Monroe Building 109 DeSiard Street near the traffic bridge.
MENTIONED IN THIS ARTICLE
Broters and
Lockport
McMillan Real Estate Agency
Bank of Monroe
DeSiard Stret
Traffic Bridge
Disagreement Over Consolidating Land Offices in Louisiana
Washington reports four Louisiana lawmakers clash with General Land Office plans to merge New Orleans and Natchitoches offices. Pujo favors Alexandria, Wickliffe argues Baton Rouge is nearer the center. Estopinal opposes moving New Orleans, Gilmore may join.
MENTIONED IN THIS ARTICLE
Washington
Louisiana
Dennett
General Land Office
New Orleans
Natchitoches
Gilmore
Gen
Estopinal
Watkins
Pujo
Interior
Alexandria
Wickliffe
Baton Rouge
Interior Department
New Record Price Hit for Southwest Hogs
Fort Worth Texas March 2 All hog prices for Southwest broke here today with $9.70 per hundredweight paid.
MENTIONED IN THIS ARTICLE
Southwest
Fort Worth
Texas
Also Mentioned on This Page
the Post
Will
Pure Food Commissioner
Jones
Persored
Slad
Sessums
Captain L. D. McLain
Jackson Street
Lincoln Parish
Ouachita
Crosley
Old Trenton
West Monroe
Union Oil Company
Ouachita National Bank
Monroe Grocer Company
Standard Warehouse and Compress Company
Monroe Brick Company
District Court
Kate Crosley
J. T. Austin
E. 8. Eby
Bennett
Blankston
Idonia James
Pasadena
Cal
Senate
Shriners
Philadel
Phia
Harter
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