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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
May 20, 1925
Page
8
In New Orleans on May 20, cotton futures opened steady with losses in early bids. First trades showed declines of 8 to 12 points as markets below yesterday's close, with July around 22.91 and October near 21.87. The British market reacted to favorable American weather and crop news, contributing to the adjustment.
New York cotton futures ended steady with a mix of gains and declines led by May and July contracts. May closed at 25.30, July 23.06, and December 22.65 with various nearby maturities quoting around 22.3 to 22.9 as the market opened steady after the session.
Cotton spot in Liverpool showed good demand with moderate business and steady prices. Prices listed for various grades, 8,000 bales sold including 7,600 American, receipts 14,000 including 8,000 American. Futures closed steady with values across May to March contracts.
Adverse winter wheat belt reports and firmer Liverpool wheat quotes pushed Chicago grain prices higher. Sterling at a record high boosted wheat values as May opened 4-2 to 31-4 cents up and July near 1621-4, with corn and oats following wheat’s firmness and provisions reacting to lower hog values.
In Chicago on May 0, batter and creamery items show varied pricing with creamery extras 401-2 and standards 491-4. eggs fall slightly with receipts at 19,249 cases and firsts 30 to 301-2. storage packed extras 32 to 321-4 indicate fluctuating market activity.
Stock prices show strong weight slaughter pigs at 11.50 to 12.00 and hogs up to 12.15. Cattle receipts reach 11,000 with top steers around 11.00 and red steers 9.00 to 10.75. Sheep receipts total 12,000 with California lambs at 12.75 and yearlings 11.00 to 11.50.
An Iowa reader from Dorchester praises Foley Pills as a diuretic that cleanses the kidneys and boosts function. Landon Taylor reports prior kidney trouble with weakness and dizziness, claiming the pills helped him feel better and easier to lift items each day.
Dr T A Mitchell a Monroe native now in El Dorado is building a derrick on lease land near Rhinehardt eight miles east of Jena La Salle parish. He plans a test oil well on a three thousand acre block and predicts eastern La Salle will soon see substantial oil activity. He helped bring the first well in the south field in El Dorado and remains optimistic about northeast Louisiana oil. A second derrick is planned by Wallace Ridge between Jonesville and Harrisonburg in Catahoula parish.
Ruston engineers rush road work at L Arbonne site to finish mess hall and access for a large scout crowd expected June 12. City reservoir work advances with a one million gallon capacity under City Superintendent Brooks. Mayor Moore and Dr White travel to Dallas for city business.
Bastrop notes show Mr. and Mrs. C. v. Shear of Bonita shopping in Bastrop. Local youths Irma and Evelyn McBride and others traveled to Jonesboro. A frog hunt at Anderson's Lake and a reunion in Dallas for Confederate veterans are among activities. Senior class of 1925 hosted by Mrs. W. M. Limerick with games and desserts for many students and townsfolk.
Yesterday's filings show Gladden Walters selling a lot to Mrs. Johnnie Smith Elbert for 4348 dollars and 46 cents. Biederharn Realty Company sold lots in Biedenharn addition to John S. Semple for 328 dollars.
Central Construction Co. reports progress on Hotel Virginia for Frost-White Investment Co. in Shreveport. Completion expected as soon as possible though a firm date isn’t set. Roof garden spans 50 by 100 feet with glass enclosure and doors to open air.
After a White House conference President Coolidge assured Emile Kuntz a renewal as customs collector at New Orleans. Kuntz said the term expires in June and the president planned to send his renomination to the Senate in December. Also to be submitted is Victor Loisel for reappointment as U. S. marshal in the Eastern Louisiana district.
Earl Ries an employee of Luken Iron Works at Sterlington was injured when a bar of iron fell on his right foot crushing several small bones. He was moved to Riverside sanitarium for treatment and rested comfortably today. A mule kicked the daughter of Mr and Mrs J H Cordell of Bosco, injuring her face. She was brought to the city and treated at Riverside sanitarium.
Two cases heard in city court yesterday ended with fines. B F Jackson was fined 50 dollars or 50 days for drunken and disorderly conduct. Rosa Bendella was fined 25 dollars or 25 days for acting in a dangerous and suspicious manner. The Chamber of Commerce reported passing the 12 000 membership mark in its drive. Frost Whited Investment Co of Shreveport owners of Hotel Virginia sent another check. R J Downes Jr attends Knight Templar convention at El Dorado and was recently elected to head the Louisiana chapter.
In Caldwell parish Louisiana oil fever grips as drilling rigs move into four sections near Welly Ward Three and Wixer Ward Five plus Riverton area near Cane Hill. Geologist W M A Wall praises Vixen prospects as promising and hints at renewed drilling at Sandy Bayou Copenhagen and Clarks.农业 prospects rise with favorable rains and bumper crops expected across the parish, though Columbia area has less rain than others.
E L Wright city probation officer may attend the 19th annual National Probation Association conference in Denver Colorado from June 8 to 10. Noted speakers include Detroit Juvenile Court Judge Henry S Hulbert Chicago Juvenile Court Judge Mary M Bartelme Denver Juvenile Court Judge Ben B Lindsey and Brooklyn District Judge Edwin L Garvin. Psychology professors will give talks and western states expect strong turnout with luncheons and dinners planned.
Delegates from Monroe report on the Southern Baptist conference held in Memphis and a prayer meeting at First Baptist Church tonight. The deacons discuss the pastor candidate for next Sunday while Rev. Frank Tripp conducts revival services at Oakdale, Louisiana assisted by Mr. and Mrs. E. L. Wollandgel.
S Barney Lawhorn of West Monroe died after a brief illness at his home. He leaves a wife and several children. Former employee of Williams Lumber Co lasting about a year. Burial held today near Chatham.
Police court records show George Bancroft fined 5 dollars, H. W. Griggs 7.50, E. Walls discharged, ack Thompson 5 and costs for stop law violation, L. H. Gibson discharged, and Tuffie Milner fined 7.50 or 7 days for being drunk and disorderly.
Louisiana public service commission protests merger as hearings set in Jackson Mississippi on May 20. Governor Whitfield asked ICC examiner to review lease of Alabama and Vicksburg railroad and Vicksburg Shreveport and Pacific lines. Opposition from Huey P. Long noted. stockholders approve prior in March and April.
The Ouachita Parish records note an amendment to Monroe Grocer Company Ltd charter dated April 24 1925. Articles IV V and VI define capital stock at eight hundred thousand dollars eight thousand shares with five thousand common and three thousand preferred stock eight percent dividend and board structure five directors annual elections with specific voting rules.
Articles filed May 2 1925 in Ouachita Parish Louisiana for Gregg and McKenzie Inc. The charter authorizes 250 shares of common stock 100 each total capital 25000 and sets the corporation’s main business toward general insurance merchandise brokerage real estate and trading. Domicile Ouachita Parish Louisiana and operative when 18000 is paid.
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