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Newspaper
Charlotte News
Location
Charlotte, North Carolina, United States of America
Date
Jun 22, 1911
Page
12
The report covers New York cotton price movements with bear pressure and showers in the Southwest. It notes futures firming toward midmorning and spot demand at the 13 cent level, plus a separate Wall Street stock market decline led by U.S. Steel and broad losses. notes on other major listings and overall market mood.
Chicago grain notes eager buying pushing wheat higher as light Northwest showers and heat lift sentiment. September corn and oats rise with bull rush while cash grain ranges show No 2 red wheat at 90 to 91 3-4 cents and corn around 56 3-4 to 57 1-2.
The fragment reports cotton seed oil and market figures from June 22 across multiple contract months. It lists prices for New York Cotton Seed Oil with figures for June September July and December contracts, and notes spot cotton seed oil values and related market movements.
The report records prime figures near four and a half percent with actual bills around 484.10 and demand at 458.5. Prices for bar silver and related securities show modest shifts as government issues and railroad bonds appear in the mix.
City executive board met last night to discuss Seventh Street issues and fire protection proposals. E S Mason and Mr Asbury led talks while others urged careful study of proposed rate plans and city action at the next meeting.
An assembly discussed providing a temporary water supply for Stew Creek. The plan involves pumping from a nearby station and filtering the water for immediate use, with Bryant leading the meeting and authorities seeking urgent, practical steps.
The Presbyterian Standard church plans a remodel to expand space. Officials say the Standard will be relocated to larger quarters and the business office will move to accommodate the addition.
In Roches, the Shriners drum corps plan new red colored uniforms for a Friday night parade. Members march under Jim Walk and the patrol as they prepare for the event on the seventh of July.
Governor Brown of Georgia refused to honor South Carolina extradition papers for Attorney Thomas B. Felder. He ruled the papers insufficiently specific about the crime and lacking direct accusation, dismissing the request despite arguments from SC and GA legal counsel.
The Justice Department reports a federal grand jury investigation of United States Steel Corporation is under way in New York among several preliminary inquiries to decide government action. Also, New Orleans market notes list cotton seed oil prices and related terms for June 22.
New Orleans June 2. Spot cotton remains very steady with no sales on the spot and arrivals. Low middling 14 1-2 cents, middling 15, good middling 15 7-16, receipts 151 bales, stock 70,899.
New Orleans cotton futures opened steady to mixed with early gains in active months while old crop months lagged. Weather reports favored rain in Texas and Oklahoma, weighing on prices as selling rose, then the market eased with some months ending slightly above prior close before closing steady to down.
Market notes show re ship receipts and car lot totals for wheat corn oats and barley with 18 wheat cars, 354 corn cars, and 126 oats cars. Chicago provisions list butter eggs cheese and potatoes with steady prices and varied weights. crude cotton seed oil quoted at 38 1-2.
Claim Foley Kidney Pills provide fast and lasting help for kidney and bladder troubles. They are said to contain only ingredients to regulate and strengthen kidney and bladder function and deliver immediate results.
Forecast for Charlotte and vicinity calls for fair weather tonight and Friday with light variable winds. Regional forecasts note unsettled conditions in Mississippi Alabama Georgia and Louisiana with local showers tonight or Friday and light to moderate winds. Seaboard railroad offers Charlotte to Dante service with connections at Bostic and promotional notes on summer resorts along the line.
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