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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Mar 31, 1925
Page
6
Cotton futures closed with a net advance of 15 to 18 points as May and July contracts steadyed around 24.5 and 24.6 cents. Earlier, prices traded firmer on light gains and rain forecasts in the west, with rallies driven by shorts covering and weak stocks. Total exports reported at 44,689 bales.
The New York cotton market opened steady with a morning rally on steady Liver pool cables and weather hopes but fell back as traders booked profits. May and July contracts traded around 24.5 to 24.9 cents, with October near 24.0. prices finished with small net gains for some months and declines for others as selling pressure mounted.
Cotton spot market shows steady prices for grades led by strictly good middling at 14.27. Sales reach 4,000 bales with 3,100 American. Futures settle quiet with April at 18.22 and December at 12.91, official moon closing 13.22.
Butter unsettled with creamery extras 45 1 2 to 44 3 4 and standards 44 3 4, extra firsts 44 to 45, firsts 41 to 48 1 2, seconds 33 to 38. Eggs lower with receipts 30 595 cases and lists 28 1 2, ordinary firsts 27 1 2, storage packed extras 30 1 4 to 30 1 2, firsts 30. Poultry Alive unchanged.
Chicago trading opened with a sharp downturn in all grain prices led by wheat down 6 1 2 cents a bushel. Overnight margin calls and fears of European financial instability sparked selling, with oats and provisions also sliding as traders cut losses to preserve margins.
Kansas City and Chicago markets show mixed livestock trading. Cattle range from 6.00 to 11.40 for various steers and yearlings, cows 4.75 to 7.00, calves 200, hogs 12.35 to 13.10, sheep around 14.75 to 16.00, with several weight classes and packing sows noted. California springers and shearers also appear among the reported lots.
Ace Boyd of Winnfield leases the Urania Lumber Co. building to install cafe fixtures and open today. Gulf Refining Co. drills near Urania well at 2575 feet in section 22-10-2E, with a test likely at 3,000 feet. Missouri Pacific expands sidings at Urania to handle oil materials, with first side tracks ready by nightfall and control shifting to W. E. Lamb once completed.
Word arrives that Anthony Gibbon of Urania Petroleum Co will return from Dallas to oversee reopening of the Urania well after a failed sale. Workers rush tanks for oil storage and a hotel is planned at the highway and Missouri Pacific rail intersection near Urania station, signaling rapid town growth led by Q T Hardtner’s Urania Lumber Co.
Judge Percy Sandel set bond at 1000 for C L Meeks and 500 for C L Phillips after sheriff's deputies found several quarts of whiskey in the woods near Swartz. Meeks faces possession for sale and Phillips possession charges as second offense in the dry law crackdown.
Alexandria voters prepare for a high turnout in today’s city primary with 3 300 qualified voters slated to cast ballots. Mayor J F Foisy seeks reelection against Homer H Harris while finance commissioner T J Texada faces Griff Bond and V M C among others in a crowded race.
Fifty Reichswehr soldiers were drowned when a bridge under construction across the Weser collapsed during maneuvers at Detmold. The victims were part of a marching column in full field gear attempting to cross the temporary structure.
CY Holmes died after being shot at Crew Lake by Joe Goff who fled but was captured. Goff is jailed at Rayville and likely to face murder charges. Holmes died at the St Francis sanitarium after initial hope of recovery faded overnight.
Fashions in Paris highlight new spring handbags shifting from large arm tucked purses to satchel shapes. Leather varieties in red Morocco, alligator, and lizard skins lead, with masculine exteriors and feminine interiors. Two tone leathers, embroidered Aubusson bags, and beaded works remain in vogue as designers like Patou introduce unique material collaborations and scent pairings for blonds and brunettes.
Delta area authorities, led by Sheriff Andrew Sevier of Madison Parish, captured Homer Boone and Alex Ryman in Rayville after a joint transfer from Richland Parish. Nine gang members are jailed in Tullulah with suspected ties to auto thefts and store robberies across the Delta, including incidents at Delhi Winnsboro Baskin and a Louisiana Wholesale Grocery Co. truck theft. An inside man boasted about a safe theft at a Transylvania plantation store, but failed to access the safe’s inner workings, possibly containing $5,000 to $6,000.
A defective battery connection started a fire on a Cosmos Carbon gasoline truck at Pine and Walnut yesterday. Firemen extinguished the blaze with little damage. Six marriage licenses were issued at the Clerk's office, naming Tucker Butler with Gertis Mae Coker, Robert Gryder with Ruth Roberson, E. N. Whitehead with Irene Brown, and couples Arthur Shelby with Sadie Jackson, Herbert Scott with Alsenia Green, Lucius Johnson with Izora Williams.
Mayor Arnold Bernstein praised the Urania Petroleum Company and its manager Anthony Gibbon for a recent full page ad in the News-Star promoting Monroe. He thanked Gibbon on behalf of citizens and urged others to show similar civic pride to help make Monroe bigger and better.
A few cents spent on classified ads can move thousands of dollars worth of property. Small ad placement reaches buyers efficiently and boosts liquidation value for sellers.
Judge Roger Wilson sustains demurrer, voiding the 1924 income tax act in Mississippi. AG Knox vows to seek Supreme Court review. Governor Whitfield awaits the high court decision. Key issues: U.S. Fourteenth Amendment conflict, retroactivity, exemption of similar entities, lack of public purpose, and overbroad discretionary powers.
Daniel Bradford died suddenly Sunday and was transported to Monro via 11:15 am train. His daughters Mrs. Travis Oliver and Eva Bradford accompanied the body from Chicago, returning by the Panama Limited and Jackson, Mississippi. Funeral services are at 4 20 pm today at the Layton apartments home with burial at Riverview Burial Park.
G B Haynes transfers to Lott D Joiner for lots at $10 and other considerations. J R Patterson sells to Andy Halt a lot in DeLevy's second addition for $1200. J A Worley sells land to Frank Ford for $750.
Mme Marie Jeritza faced questions after she cried following her curtain calls during La Tosca at the Metropolitan Opera House. Beniamino Gigli, Jeritza’s co star, was absent, while Jeritza’s husband Baron von Popper warned against prying into the incident. Two weeks earlier Gigli reportedly dumped Jeritza from an opera role.
In city court Judge Chas Schulze rebuked ten year old Ethel Phillips after finding him guilty of burglary tied to Knowles Filling Station on Lovers Lane. Phillips faces $10 fine or 10 days in jail and was ordered to attend Sunday School weekly.
Used cars in good condition are in high demand. Price fairly to realize a good sale and write a clear want ad highlighting condition features and reasonable terms.
Charles Watson, 86, a Calhoun area farmer, died at St Francis sanitarium from complications after a tree fell on him while he worked on his farm earlier this year. He lived near Calhoun and survived by a wife and several children. Funeral services were held today with burial in Ackery cemetery.
The Mo Pac Ry Co agent offers for sale at Monroe Louisiana station house unclaimed freight not claimed within 60 days, including a store shipped from Marion to Monroe. A Sheriff sale lists a Ford Chassis 9 729 025 with fixtures and equipment seized under a writ, cash sale terms, at the Ouachita court front steps in Monroe on April 11 1925.
The Fourth District Court in Ouachita Parish Louisiana hears a civil action titled The People s Homestead and Savings Association versus H Meredith. The record notes a writ of fifa issued as part of the proceeding.
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