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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Aug 29, 1912
Page
11
New Orleans August markets show steady early gains on strong cables and dry Western belt, with English demand hinted. Texas crop deterioration and late-day selling push prices down, closes 5 to 6 points lower from yesterday.
Cotton futures opened steady with a small advance as traders including prominent brokers showed selling pressure and the market remained volatile in mid morning trading. Liverpool private cables noted limited mill demand while price moves stayed within a few points of the prior close with mild activity and quiet transactions.
The New York stock market showed an early tendency downward with many active issues lower led by Amalgamated Louisville and Nashville and Northern Pacific. Reading and Lehigh Valley traded weakly while Canadian Pacific showed some revival and Louisville and Nashville fluctuated before ending near firm.
Completed results show Parker Blease with 69,457 votes, James Jones 65,972, Duncan 2,204, giving Blease a majority of 1,461 after corrections on Tuesday.
Mobile merchants and the Mobile Chamber of Commerce and Business League endorse Secretary Knox’s policy to maintain a sufficient American troop presence in Nicaragua to protect life and property. The telegram dated August 29 1912 from Mobile Alabama was sent to Secretary Knox in Washington D C.
Mobile was the only station in the Mobile cotton district to record rain for the past 24 hours ending this morning. A trace and a half inch fell. The district averaged a 92 degree high and 70 degree low with abnormally high western readings and generally above normal elsewhere. Scattered showers were reported at eleven stations across four districts.
Money on call firmer at 2 to 3 percent with a 3 percent ruling rate and bids at 2 percent. Time loans show strength with 60 days at 4 percent and 90 days at 4 percent. Sterling exchange steady with bankers' bills at 4.8425 for 60-day and 4.8730 for demand. commercial bills at 4.83 and silver at 62 1/2 cents. Government and railroad bonds irregular.
President John T. Cochrane announced the appointment of A. G. Quinn as chairman for the tropical fair committee of the Chamber of Commerce and Business League. He succeeds James Gibboney who resigned to focus on his business. Quinn previously served as treasurer of the first fair held in Motie two years ago, a noted success.
County board opened bids for five miles of Hall's Mill Road with only Jett Brothers Contracting Company of Mobile submitting a bid for the road work. The bid totaled 21 293 36 dollars while bridge bids from Nashville Bridge Company and Austin Brothers were higher than expected. Engineers will report findings next Monday after executive session.
After an executive session the board of revenue and road commissioners decided to handle county highway improvements in house under the good roads bond issue. Bids for Mali's Mill road were opened, but the board planned to reject them and seek new figures. Engineer Strange estimated road work at 11 875 22 and bridge work at 5 442 02 totaling 17 300 28, saving 4 995 08 versus the Jett Brothers bid.
Teddy Tetzlaff in a 120 horsepower Fiat set a new eight mile Elgin road course record at an average speed exceeding 76 miles per hour, beating Ralph Mulford's mark by 26 seconds on August 29 in Elgin Illinois.
A 329 passenger excursion left the city today by train via Louisville and Nashville bound for Birmingham to see the Mobile team play. The special train used the division’s best equipment and is due in the Magic City this afternoon for the games.
George Carr, Joe Jackson, Herman Owens, Dov McRae, Will Jefferson, Charles Smith, Jasper Webb, Arthur Reynolds, all negroes, were arrested at the Louisville and Nashville freight depot by Special Officer Schreiner on the charge of stealing a bucket of candy. They were arraigned in the inferior criminal court and dismissed for lack of evidence.
A complaint about the Fowl River bridge draw on the bay front road, alleged to fail secretary of war specifications, was heard Wednesday at 2:20 pm by the county board of revenue and road commissioners with US Engineer C A F Flagler. The complainant absent. witnesses testified the draw adequate for river depth. The engineer will consider the matter.
British steamer Bencliff Hanson arrives from Pensacola to load for South America with Munson line cargo. Fort Morgan brings 13 600 bunches of bananas from Bocas del Toro for United Fruit Co. Obstruction reports and navigational notes follow from recent Atlantic and Pacific voyages.
Forecast cautions shippers to guard perishable goods during 90 degree heat for six hours in north and east routes and 96 degrees in the west. River forecasts predict Tombighee River and branches falling over the next two days while the Alabama River declines slowly through tonight with little rise Friday.
Six foot spot light relighted August 24 by order of the commissioner of lighthouses. Extinguished night of August 23. LB. B. Dorby, Inspector, 8th Lighthouse District.
Ex alderman W. McKeever and E. J. McKeever, Brooklyn contractors, purchased stock in the Brooklyn Baseball Club to aid Ebbets Field funding. E. J. McKeever named vice president. Charles H. Ebbets Sr. remains president with Henry M. Edius as treasurer and C. K. Ebbets Jr. as secretary.
Mrs Clara Belle Hines aged about twenty two years a native of North Carolina and resident of Mobile for one year died today at the Mobile Infirmary after several weeks illness She is survived by her husband and other relatives.
Orrick J. Biondi an elevator contractor was arrested in Birmingham Alabama by a U S deputy marshal and ordered to Washington D C. He faces charges of non support of a wife and child in Washington and was taken into custody at the request of Washington police authorities.
The Louisville and Nashville railroad will raise capital from 60.9 million to 72 million dollars. A new 12.6 million common stock issue will be sold at par to stockholders to fund construction, double tracks, and other additions. Rights on the issue are valued near 11 dollars per share with a 20 percent subscription for each holder.
Preparations for fall cabbage planting continue in the county trucking sections. Land shaping proceeds as clover is removed and fields are prepared. The forage crop growth is exceptional this year due to abundant moisture, with crab grass and clover thriving in corn fields and melon patches, promising substantial hay that will ease spring market conditions.
Philadelphia merchant and postmaster general John Wanamaker is reported seriously ill at his son's Atlantic City home. A recent illness from a two week cold kept him confined to his room though reports say he is improving. conflicting wordings described an operation or a nervous breakdown, but later notes indicate gradual improvement.
Hon Henry Chamberlain presiding as judges hear cases on Thursday. Gaming figures include Louis Walker alias bond forfeited. contempts, fines and short jail terms noted for several defendants. Petit larceny defendants discharged. Vagrancy and assault cases listed with fines or short terms. Abusive language and affray entries noted, multiple defendants discharged or fined.
Santa county voted to remain dry with Milton and Bagdad going dry by large majorities. Wets had hoped to carry those precincts but results show strong dry sentiment. Early returns suggest a larger total dry majority as more precincts report.
Stock notice lists fruit saucers plates and bowls with various sizes and serving pieces. The ad emphasizes limited quantities and a promotional sale with immediate purchase.
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