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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
May 06, 1925
Page
7
In New Orleans on May 6 cotton futures closed steady to higher after a cautious open. Oct futures slipped to 22.94 then recovered to 22.98 while Dec rose to 23.07 as the market shrugged off weaker early levels and rallied a few points.
Cotton futures ended with a net decline of 28 to 39 points after a steady to mixed session. Early steady openings gave way to selling amid rain relief reports in Texas and expectations around the weather bureau crop condition report for the eastern and central belt regions.
Liverpool market reported steady demand with spot prices for grades from strictly good middling to good ordinary. Sales reached 8,000 bales, mostly American. receipts totaled 2,000 with some American stock. Futures closed steady with several contract months listed.
Poultry alive unsettled with fowls at 27 1 2 cents per pound roosters 14 1 2 cents turkeys 20 cents ducks 24 to 25 cents geese 15 cents. Butter prices steady creamery extras 39 1 2 cents standards 40 extra firsts 38 1 4 39 firsts 87 1 23 cents. Eggs unchanged at 25 481 cases received.
Wheat posted sharp gains as trade opened with mixed moves and quickly climbed after news that Spain bought 2,225,000 bushels of Canadian and U S wheat. Corn and oats gained on strength, with offerings scarce and talk of adequate corn supplies for six months.
Campbell Gordon, discoverer of the Kevin Sunburst Oil field and former employer of Senator B K Wheeler, was found guilty today in federal court in Great Falls Montana on charges of fraudulent oil promotion and using the mails to defraud.
Everett Scott, veteran shortstop for the New York Yankees, failed to start the opening lineup against the Athletics at Yankee Stadium, ending his record consecutive games played at 1,307. Manager Miller Huggins sent in Bee Wee Paul Wanniger after Scott complained of pains in his leg.
The Woodmen of the World considering Monroe for its uniform rank encampment, with New Orleans manager Robert Henderson seeking arrangements. The city offers use of the tourist park and natatorium, and the Chamber of Commerce pledges cooperation. Monroe is favored over Arkansas or Mississippi towns for a July event likely to draw several hundred visitors for a week to ten days.
In Monroe, S H Harris and M Davey were fined $25 and costs of 25 days in jail for speeding. Amelia Dilts of New Orleans becomes Riverside sanitarium superintendent succeeding Laura Marr. Riverside reports its second incubator baby, a two pound girl born Saturday May 5. Fire drills performed in all city schools under Fire Chief Roddy. Rev W E Neill of West Monroe returns from Little Rock with Mid-Continent Royalty Co. president role.
A year old recruit from the Augusta club in the South Atlantic League has been assigned to the shortstop position.
Taxpayers are notified under Act No 231 that the Parish Board of Equalization will convene at the Assessors office in Monroe Louisiana on Monday May 4 1925 to hear complaints and ensure fair assessment. The session lasts up to 30 working days. April 28 1925. Ouachita Parish Board of Equalization 5-17.
A notice hints that a small ad spend can yield large property sales. The case emphasizes leveraging inexpensive advertising to attract buyers and maximize return on asset liquidation.
Judge Schulze faced a confusing case as E T Hart and wife alleged a man named L L Lozer or Ike Murphy used the Hart home in February, rented lodging, and left unpaid. Hart identified the defendant. the man denied the name and claimed no prior acquaintance. The judge postponed decision to hear more witnesses. Murphy alias Lozer released on 100 dollar bond.
The Ouachita parish coop system shipped four consignments of about 140 pounds each to New Orleans, marking a new marketing era. No 1 broilers brought 45 cents, secondary grade 40 to 44 cents. Louisiana Poultry Association, with A. L. Franks Co., arranged payments via deposits at a New Orleans bank and monthly shipments on the first and third Tuesdays, starting with May.
H A Hill of Caldwell parish irrigates 160 acres to combat drought using a four inch pump to draw water from the river. He set the pump Monday and started irrigation, covering 25 acres the first day. He plans to water about 20 more acres today. All his land is planted in cotton and corn.
The five year old Margery Cox of 2717 Lovers Lane, struck by a car driven by J. M. Little on Monday, shows improved condition. She remains at Riverside sanitarium with a skull fracture and multiple broken bones. doctors say recovery is remarkable given a one in a hundred chance. Citywide sympathy grows after the Grigsby case last week.
Mississippi Bankers Association passes a resolution urging Congress to enact the Glass Houston Mellon tax reform plan and to have representatives work to achieve such legislation. The closing session also approves changing timing of future meetings by the executive committee and honors Mellon and other banking figures. Senator Carl Marshall addresses topics of government prosperity and warns of income tax and rising communism and socialism. J. B. Stirling is named president and O. B. Taylor vice president of the association.
J B Stirling president First National Bank of Jackson was elected president O B Taylor vice president Merchants Bank and Trust Jackson and N H Crenshaw treasurer of the Mississippi Bankers Association at the 87th annual convention. Executive committee members named include M E Jarratt Batesville L W Yeates West Point A D Simpson Meridian T W Milner Richton E W Reid Magnolia and F H Parker Canton.
Ouachita parish farmers face a crucial week as E R Strahan urges rain to lift 1925 crop prospects. Cotton acreage holds near 1925 levels, corn looks promising with adequate moisture, hay suffers from drought, soybeans show resilience, and a potential cooperative marketing plan may form to ship vegetables from Grayson and Oak Ridge. Professors in German universities are not obliged to lecture to less than three students.
Samuel E. Thomas born April 28 1845 in Maringo County Alabama died Tuesday at seven in Columbia Louisiana at his daughter Alma Fant's home after a paralysis stroke. He served in the Confederate army under Captain J A Boyd losing his left arm at Franklin Tennessee. He lived in Caldwell Parish after the war, later farmed, then ran a Columbia mercantile business before retiring. Interment was at Hillside Cemetery with Rev. C B Gates officiating.
Readings show Southern Greenland drifting away from Scotland at 60 to 125 feet per year while Leeland moves away from Norway from 0 to 63 feet annually, highlighting regional tectonic activity and oceanic movement.
James Brady, 28, was stabbed by Sullivan Brisco, 28, while on a Missouri Pacific extra gang in Rayville Louisiana. Brady was rushed to a private sanitarium with severe wounds and little hope for recovery. Eyewitnesses say the men had been bantering for days and Brisco attacked without warning during a crew departure. Brisco fled into nearby woods but was pursued by other workers who eventually allowed him space to escape.
On May 6 the Urania telephone exchange switchboard was installed in the Alexandria Chamber of Commerce building. The Tri-State Utilities Company of Kinder La owns the exchange and delayed fixtures until oil operations prospects improved. A. S. Dumarthiat of Kinder oversees installation in Urania after Zeigin well boosted local activity.
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