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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Apr 12, 1916
Page
7
A Grand Rapids financier consulted M. J. McDermott of the Bank of Mobile, who affirmed the reliability of a local realty firm and predicted citrus and pecan farming can thrive with proper knowledge and fertilization. He added many bankers share this belief in the area's resources.
The Senate adopted a Kenyon resolution directing the attorney general to submit to the Senate all department investigations into Standard Oil since its dissolution decree, with emphasis on gasoline price inquiries. The move follows Western Oil Jobbers Association petitions seeking Sherman law amendments to enforce the decree and affirm dissolution. Willard Moran fight noted with pictures shown at the Columbia on Sunday April 16.
New Orleans notes a dull yet steady tone with prices falling 6 to 8 points by noon and closing 9 to 11 points lower. spot sales total 215 bales with 200 arriving. Liverpool reports firm spot values for good middling to low middling and multiple futures prices across months.
New York early trading saw a reduced tone as near month liquidation and Liverpool selling influenced prices. May 11.85, July 12.01, October 12.17 with May 11.81, July 11.99, October 12.14 after initial declines, buyers limited and nervousness over international politics weighing on demand.
Price movements were limited with July around 12.02 as July ruling, spot cotton quiet at 12.00 midland uplands. New York reports mixed equity losses, with United States Steel and various rails dropping, while fruit and vegetables show quiet market conditions and modest grain and provisions quotes.
A list of ships and vessels at port in Georgia and nearby docks including Tarpon Fort Gaines Carmela Oscar G Flora A Kimball Edna V Pickels Goldfield Josephine Montrosa Lisboa and others. The report notes loading repairing and overhauling at Ollinger Bruce Docks Gulf Dry Docks and United States and L N docks with references to piers and municipal docks along Dauphin Street and East Shore trade.
The School of Medicine at the University of Alabama Mobile will celebrate its retention with an April 20 alumni banquet. A committee calls all alumni associations to participate, honoring work by members across the state and Mobile’s support over Birmingham. President Geo. H. Denny will attend.
Two hundred carloads of canned corned beef are being unloaded at pier 8 of the Mobile and Ohio Railroad. The cans will go to Liverpool aboard two steamers chartered by the Mobile Liners. The export shipment is linked to the St. Louis and Kansas City lines over the Mobile and Ohio road.
The Stranger dismasted off Mexico arrives in Mobile tied at Ollinger Bruce docks and to be converted into a schooner once spars are obtained. Other vessels including Carmela, Camelia May Page, Euphrosine, City of Tampico, Inchmoor, North American, Francis Hanity, Dova Lisboa, Le Roy, and Skoda appear or depart for repairs, cargoes, or sales as wharf work continues and a mortgage sale notice concludes the item.
General Democratic primary election set for May 9 1916 across Alabama. Includes names of party officials Bibb Graves and D B Cobbs as chairs. Also an apartment and house rental ad by Joseph Espalla Jr. & Co. at 70 St. Michael St. with monthly rents listed.
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