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This newspaper page contains 31 articles. Subscribers can read the full text of each article.
Newspaper
The Mobile News Item
Location
Mobile, Alabama, United States of America
Date
Aug 01, 1925
Page
6
The article notes a drop in rubber prices with 15 percent reductions and futures quotes in New York and London slipping. It mentions 6,500 tons of crude rubber tied to July delivery, ships from Singapore, and British freighters docking as brokers seek to fulfill contracts before midnight deadlines.
Gustave Sgogren, 32, ex secret service worker and later a soldier in the French army, confesses to shooting and killing a man named Olancheco in a duel after reporting his missing twenty year old wife. He described firing six shots, one misfired shell, then beating the victim's brains out on a railroad track.
J Ziegler former minister of Hope in Warren county and Margaret Roberts fled to El Paso after embezzling klan funds. They surrendered to the U S Commission yesterday on conspiracy to violate federal laws. Each was released on bail with Ziegler jailed overnight in Red Bank on an embezzlement charge and faced a divorce action filed in Milford Pa.
In French Morocco Aug 1 a defend by French troops and native aides at Ain Bouaissa blockhouse repulsed Riffian assaults after a bombardment. The fort, hard pressed for days, was blown up by a French lieutenant and held against renewed attacks as the besiegers were driven back by grenades and counter fire.
The report notes Brookhart's rival gaining in count, with references to white bears and a distinct British Columbia region separated from polar regions. Mentions of Sierra ranges and a location near Mt. in California suggest a western U.S. context, with distances under 300 miles.
The New Orleans market shows spot activity dull with no sales and arrivals listed. Futures and prices drift as October through May contracts trade around the low to mid 23 cent range, with notable moves in October and December futures and delayed retirements.
The New York cotton market opened flat to lower with most contracts slipping after reports of Texas rainfall. Hester's consumption estimate for the year at 14,247,000 bales spurred a rally that soon faded as sentiment turned bearish, with October near 24.45 and December around 24.50 before retreat. Liverpool and New Orleans brokers pressured selling amid expectations of continued bad weather. Cottonseed oil closed steady with prices ranging around 11.65 to 11.95 for various months.
Opening speculative demand lifted Chicago wheat prices as traders weighed possible domestic millin wheat shortages and Canada crop reports. Prices moved from down to up across Sept and Dec contracts before closing steadier, with corn and oats following wheat trends.
Wheat No 2 red at 1.59 3 4. No 1 hard 1.56 1 57 1 2. Corn No 2 mixed 1.05 1 2. No 2 low 1.09 1 4. Oats No 2 white 42 1 2 to 421 1 4 cents. No 3 white 40 3 4 41 1 4. Rye none. Barley 78 85 cents. time seed 6 75 8 25. clover seed 19.00 26.75. hard 17.15. ribs 18.30.
Chicago reports a dramatic week in grain with July wheat contracts plunging as some farmers faced large losses. Wheat deliveries fell 14 cents a bushel against a month earlier, while other grains and provisions tumbled. Receipts in Chicago were below forecasts, signaling a slowing wheat movement amid fears of cornering and weak demand.
There are more than 400000 college students in the United States. The text is from a New York spot page and notes on student numbers, with fragmented OCR readability.
Upward stock movement steadied in a light trading session with few traders over the weekend. Demand remains modest for basic industrials while some names like Mack Trucks and Continental Trans were noted with small gains. Total volume reached about 550 000 shares as prices closed firm.
Southern bonds and outstanding Seatars show no strong moves as trading stalls in a dull week end. 24 pol gains are modest while Kansas & Texas, Hudson & Manhattan and Botany issues slip fractionally amid slight downward tendencies. rail industry issues drift with little vigor.
The New Orleans Cotton Exchange launched a futures market with a first October delivery trading at 10.70, inaugurating a single-ring setup in the cotton trading room as part of the new exchange activities in New Orleans on August 1.
The report lists mixed market activity in several commodities. Potatoes in Chicago show receipts of 74 cars with slower trading and easier prices. Kansas and Missouri sacked cobblers bring $2.60 to $2.80, Minnesota and Ohio sacks at $2.55 to $2.65, bulk around $2.50.
Livestock receipts in Chicago show hogs uneven and mostly steady to 10c lower with bulk 160 to 210 lb at 14.00 to 14.50, and 240 to 310 lb butchers at 13.65 to 13.80. Cattle receipts total 1,000 with grain fed steers 25c to 50c higher, heavies up, and fat cows 25c to 50c up. steers top at 15.25, light stockers higher. Sheep receipts 3,000 with fat lambs 25c to 60c higher. natives around 15.25 to 15.50, primes at 15.75 to 16.00.
Sunday poultry reports show unchanged butter and eggs with mixed live fowl prices in St Louis. Chicago poultry notes lower prices for live fowls and turkeys at 20 to 24 cents, roosters and ducks varied. naval stores in Savannah list turpentine at 90.12 with rosin steady and stocks rising, including detailed price levels for B through X grades and recent shipments.
A lively start to the week sent many stocks to new year highs but a sharp late-week pullback trimmed gains. Traders noted profit taking and bear selling after tech and oil sectors showed strength and then reversed, while utilities and certain industrials kept momentum in pockets.
In Chicago the sudden death of vaudeville actor Thomas Toner in his Majestic Hotel room led police to detain chorus girl Freda Uhle of Parkersburg West Virginia. Toner, 32, died after ill suddenly while socializing with Uhle who met him in Indianapolis a month earlier.
United Press dispatch from New York reports Lincoln Ellsworth returns from the North Pole expedition with mixed reception. He notes lingering fame faded for the moment, but expresses longing for the Arctic and plans to join Roald Amundsen in another pole flight attempt.
Gustave Syrogren 32 claimed ties to the French secret service and recounted killing a man in British Honduras after a bloodless duel with revolvers. Police investigated lightly and planned to drop the case. Sgogren was held briefly for federal authorities. His wife, 20, Mrs Sgogren, is missing several days and has not been found.
Colonel Mitchell responded to the president’s admission that anti aircraft tests failed saying ground defense cannot stop aircraft. He urged building an air force and criticized war department tests as kindergarten stuff, insisting only aviation experts can provide real defense against hostile air power.
The artist model Rebecca Gibbons, 20, of Scranton Pa., identified as the woman in the so called death car that struck and killed seven year old Jerome Mangan. She initially gave the name Miss Marie Labette and was in a stolen car with two male companions who escaped. Forests cover two fifths of Russia.
Authorities report Louis La Bombard and Charles Lefebvre confessed to murdering Helen and Georgianna Gillis, elderly benefactors. La Bombard claimed Lefebvre masterminded the crime. Lefebvre, asked about the confession, denied aiding him and kept quiet. Both youths await arraignment in Nashta court.
The Rev George W Holder shot and killed his wife at their home in Richmond then killed himself during breakfast. Neighbors reported hearing two shots. their 19 year old daughter found both bodies. The couple, married recently, were about 35 with a past of ill health and retirement from ministry.
New Orleans August 1 AP Secretary H G Hester of the New Orleans Cotton Exchange announced the 1924 25 U S cotton crop at 14 698 000 bales up from 11 290 39 last season World consumption for 1924 25 reached 14 247 090 bales versus 11 209 397 and the world carry over stood at 2 880 000 bales compared with 2 319 000 last season.
Department Commander William Holmes of the Alabama division Spanish American War Veterans will visit Fitzhugh Camp in Mobile on August 11. The Birmingham to Mobile trip aims to boost membership and Holmes will tour various Alabama camps during the campaign. Janet Mercury travels at five miles a second.
John L Lewis of the United Mine Workers demands a conference with principal anthracite mine operators next Tuesday to negotiate a new working agreement. If absent, negotiations may break off and work could be suspended September 1. Lancaster comments defend operator committee power and delay cited by miners.
London reports a potential strike by more than a million miners was averted by a last minute government offer of financial aid to mine owners. The aid, estimated unofficially at about ten million pounds, keeps the current wage scale and hours, with a new agreement pending. The government funds will continue until May 1926 to sustain operations.
In Houston at police headquarters identification bureau a gunfight killed Ed Robinson and wounded detective Riefel after Robinson struck Riefel with a stick and grabbed a pistol. Detective Payne aided, ten shots were exchanged, and the prisoner was killed.
Advices report the James Simpson Roosevelt Field Museum expedition moving from Yarkand to Tian Shan by the Yarkand river to locate the ovis poli the sheep's ancestor. Roosevelt family members in New Hampshire had earlier word of the party at Yarkand via the United States Press.
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