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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Aug 17, 1913
Page
22
Chicago prices show cash wheat across grades from No 2 red at 88 1 2 to No 2 matec at 90 91 1 2 with durum 85 80 and corn values around 75 3 4 to 77 1 2. St Louis quotes wheat No 2 red at 87 3 4 to 89 1 2 corn No 2 at 78 1 2 to 80 1 2 oats No 2 white at 42 8 4 to 43 1 2 Ry at 67c.
New York money news shows prime mercantile paper at 6 1 2 to 6 3 4 percent. Sterling exchange steady at 4.82 05 for sixty day bills and 4.86 45 for demand. Commercial bills at 4.82 3 4. Bar silver 69 1 4. Mexican dollars 47 cents. Government bonds steady, railroad bonds irregular. Money on call nominal with no loans. Time loans ease with sixty days 1 2 to 4 percent, ninety days 4 1 2 to 3 4, six months 5 1 2 to 6 3 4.
St Vincent's Club hosts a moonlight hop on the steamer Pleasure Bay to Battles Wharf on Wed August 20. Boat leaves at 7 45 p m with good music singing and a merry crowd. Everyone is invited for a lively evening with steady fun aboard.
Readable fragments show numbers and dates, but most details are missing. The note appears to reference a last year ledger entry with figures 37147 1447 and 15674882 without clear context or identifiers.
The report lists bid and ask figures for Sterling and francs in New York and New Orleans. It covers demand, commercial and 60 day terms with multiple quoted levels such as 4.86 and 4.82 to 4.83 for dollars per unit, and par for francs in various commercial sight and 60 day contexts.
Freight market notes show spot rates per 100 pounds at 4 forward with mixed signals from tramp trade and chemical shipments. Unclear wording suggests ebse3aeeoc Nom and 38C references appear as OCR artifacts.
The cotton market stayed steady after an upward session with modest gains and weekend weather news. Prices moved higher early then retreated slightly as South sellers reduced new commitments while outlook pointed to a crop likely to exceed last year. Mr and Mrs Johr Renth departed for St Louis on business trips, with promises of surprises for Mobile youths on return.
The port saw two arrivals and two sailings. The Norwegian steamer Harald arrived from Puerto Cortes with 14 000 banana bunches for United Fruit. The bark Cape Horn from Rio de Janeiro suffered grounding near Petit Bois Island and was towed to Mobile for repairs. Other movements include the Navigator from New Orleans, the CL. W. Mills bound for Cuba with lumber, and Cape Horn’s cargo details and port calls.
E. E. Chamberlain of Clinton Me says Bucklen's Arnica Salve removes the terrors of cuts and injuries and acts as an equal healing remedy. It will do good and costs only 25c at Van Antwerp Drug.
Market report notes bull forces maintain price surge for about two weeks, with large sums earned on the long side while some traders incur losses. Citing drought conditions and heat, it links gains to major Chicago and regional players such as Patten, Lewis, Milliken, and Christopher, and mentions heavy exports and improved milling as prices rise. Primary receipts last week are listed.
Oats prices held after Friday's advance while cash buying rose in oats. Cash corn sales reached 240000 bushels with total cash trading about 150000 bushels. Lard and meats attracted more attention as cash markets remained fairly active today.
The advertisement lists a sale at L. H. Meyer & Sons 260 262 Dauphin Street offering 25 percent discounts on Kuppenheimer suits. The tone is promotional and price driven for shoppers.
New York August 17 reports a general stock market rally after early declines in Union Pacific and Steel. Corn crop damage weighed on Atchison Missouri Pacific and Rock Island, while rain in Kansas and Oklahoma spurred gains. Amalgamated Copper and Smelters strengthened with metal demand. Washington policy news indicated currency legislation nearing House consideration by August 25. Prices and bank statements were released with mixed quotes across major issues, including Amalgamated Copper 73 1 2 and United States Steel around 63.
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