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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Mar 24, 1925
Page
7
Orleans March 24 cotton futures opened steady and moved higher on bullish cables and weather signals. Cables and forecasts of fair but colder weather supported gains, with May and July trading near 26.00 while December slipped to the mid 24.70s as rain delayed harvest progress.
Cotton markets in York on March 24 show a barely steady close with futures slipping from earlier highs. May and July contracts fell as reports of further rains and ongoing liquidation weighed, while notices of 4 000 bales being sold added to trading pressure.
Prices hold with various grade quotes from strictly middling to good ordinary and low middling. Toward steady demand, 6 000 bales sold while receipts reach 37 000 and 36 100 in American markets. Futures show barely steady activity with near term months around 13 to 18 dollars.
Chicago and Liverpool quotations drift lower as showers temper trading. Wheat exports stall, corn swings with hog futures. oats dampen amid lack of shipping demand, while butter and eggs show mixed listings and varied prices.
A weekly report from city inspector R Cassidy shows three new residence permits plus two for houses and garages. H L Hackley plans a Gordon street home and garage for 4700 dollars. E N Faulk on Hudson Line adds a 3500 dollar frame house with a composition roof. R Wyer secures a 1066 dollar McHenry street residence project.
Chicago dispatch reports rapid rebuilding in Southern Illinois Indiana and other storm areas. Sanitation improved with anti toxin rushed to Carbondale while relief funds surge with Illinois and federal aid. 83 939 injured and property losses near 20 million dollars.
At a noon Lions Club luncheon in Monroe a committee led by Joe Washburn was formed to obtain prices for signs and archways at highway entrances. The project aims to mark routes to Ouachita parish and greet tourists while members discussed portions of the U S Constitution read earlier.
Burglars entered Henry Jordans room at 801 DeSiard street last night and escaped with 49 dollars in cash and a pair of light gray trousers. Officer Webb reported the robbery this morning after examining the scene and finding only a flashlight as a clue.
J. R. Douglas travels from Memphis to promote Kellogg's bran in the city. The campaign is described as pepping up the town with bran distributed to homes. Stores report rising demand and growing popularity of the product.
Hundreds flock to Urania well sites as No 5 shows abandoned test after gear loss. No 6 casing set for Monday as sand proves excellent and suggests a wide across state strata the St Maurice sand may extend Sabine to Catahoula. If Urania No 6 succeeds it could spark rapid drilling advances with minimal down time.
The Bank of Pollock in Grant parish Louisiana is closed temporarily as directors announce an audit by the state bank commissioner due to shortages and discrepancies. W E F Wood, a state bank examiner, will depart New Orleans to audit the bank's assets at the request of president G A Foster.
An oil scout says a quick trip to La Salle parish could yield 5000 dollars in a day. Urania is buzzing with leases changing hands and plans for a boom town. Sam Wexler notes 100 cars at the Urania site from Alexandria, few from Monroe, urging Monroe to compete or Alexandria will gain the business.
Secretay Walker urges Monroe merchants to back the Chamber of Commerce drive to make Monroe a major trade and oil center in northeast Louisiana. Committees work day and night as pro rating of the city’s business volume is set and the fund drive nears launch.
The highway project between Bastrop and Bonita will be let today in Monroe. Local contractors submitted bids hoping to win the 16 mile gravel road contract, which will improve north side road outlets.
Adjutant General L. T. Toombs warned that Company G of the Monroe national guard, currently 47 men, must recruit to 60 within two weeks or be moved. A recruiting drive will be launched with Lieut. Nettles as officers seek to save the unit in Monroe. If unsuccessful, the company may be relocated to Minden after an earlier investigation.
The steamer America arrived in Monroe from Camden late last night. Captain Cooley reported deep Ouachita waters allowed the large boat to make the trip with ease. Citizens welcomed the return. many merchants received cargoes from New Orleans and Baton Rouge via the boat line. The return voyage saw merchandise shipped southward. The America spent the night in Monroe and departed at daylight for the river descent.
Milton Coverdale sheriff of Monroe La will sell on April 5 1925 at the courthouse front door between legal hours the mineral rights of S L Fuller in the south half of the northwest quarter section 27 township 16 north range 3 east Monroe Louisiana Terms cash with appraisal benefit to highest bidder. Classified ads notice printed March 24 1925.
Lieutenant Colonel Ian O Dennistoun testified in the case of his ex wife Mrs Dorothy Muriel Dennistoun. He claimed he found an American tenant in his bed and said she admitted misconduct with him. Mrs Dennistoun seeks $6000 she alleges she lent him before she married Dowager Lady Carnarvon.
Sonny Binn a Negro was discharged after debate over concealed weapon law. A pistol found in his car failed to discharge as only a single bullet remained unfired. Judge Schulse ruled no discharge occurred. Other docket items included fines and jail terms for multiple defendants in Hood Bill violations drunkenness and fighting charges.
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