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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Dec 08, 1916
Page
7
The census bureau reports an output of about 743 000 bales for the last period. Heavy selling at the local market pushed prices down 35 to 47 points before a late rebound, closing the first half hour with a net loss of 13 to 26 points and overall unsettled at 76 to 9 1/2 points lower.
New York cotton opened with a sharp break as May fell to 19.95, down about 2.50 per bale from yesterday. Bulls noted lower cables and weak ginning returns, with most active months down 35 to 42 points before a late rally in January. Spot cotton was quiet at middling 19.15, with overall unsettled trading and a census showing 10,359,346 sales to December 1. Liverpool futures followed with easy tones and spot prices dipping to 12.05 to 12.15 for middling grades.
New York trading opened with uneven sentiment as gains appeared in several issues while metals utilities and specialty stocks declined. Atlantic Gulf and West Indies jumped six points to a record 142, while United States Steel, C rule, Lackawanna, and Republic Iron posted notable advances. Reading and Southern Railway common led rails gains.
A compilation of share prices across multiple firms lists values for companies such as General Electric, U S Steel, Bethlehem Steel, American Can, International Nickel, and Union Pacific. Notable high points include General Electric at 1801 4 and Bethlehem Steel at 649, with various others trading in mid and lower ranges.
Chicago quotes show wheat prices for several grades ranging from No. 2 red to No. 3 hard with bids around 1.74 to 1.79 per unit. Corn values for yellow and white grades hover near 93 to 95 cents. Oats and rye list modest ranges, while hay and provisions display mixed figures, reflecting a volatile market session. Production and futures details appear scattered amid OCR errors.
Advertises Sloan's Liniment for rheumatic pains in joints and muscles. Highlights quick penetration without rubbing and soothing warmth. Claims fast relief, cleanliness, and no skin staining. Recommends obtaining a bottle at a local store.
Representative Samuel J. Tribble Democrat of Athens Ga died in Washington from a stroke suffered three days earlier He was serving his third term in Congress The House sergeant at arms arranged escort to Athens Speakers Clark to name a funeral committee An adjournment and a day of tribute will honor Tribble He survived by wife a son Lamar and daughter Mrs Samuel J Dick of Atlanta
The cotton seed oil market closed steady with spot bids at 12.60 and various futures quotes from Dec to Jul shown. Total sales reached 40,500 bales.
Savannnah reports mixed firm activity with terpentine at 493-4 and rosin at 1,189 receipts while sales show none. Price quotes list grades B through WG with several dates and values including F 6.22 and WG 7.00.
Hogs receipts reach 18 500 head with barrow and gilt prices showing declines and a wide range for light to good heavy hogs. Cattle receipts totaling 1 700 head with native beef steers and yearlings holding steady to higher, cows, calves and stockers showing varied demand and prices across the trading day.
A soothing remedy advertised for coughs colds and winter illnesses. The product features pine balsams and mild laxatives and is offered by local druggists for 50 cents with an emphasis on long standing public trust and relief for winter ailments.
The steamer Henry Scott cleared the custom house yesterday and went down the channel early today with a cargo of lumber from Bahamas Timber Co. The British steamer Asian, unloading at Pier 6, moved to the city wharf to load 11,000 bales of cotton for Mobile Liners Inc and Liverpool.
The tank steamer Regina and the barge Marty were reported ready for sea this morning and were expected to sail this afternoon. They recently arrived in Mobile carrying molasses for the Cuban Molasses Company.
The British schooner Francis arrives with 700000 cocoa nuts and plans to depart Saturday for a lumber cargo bound for Cuban ports.
The schooner Blanche King, ashore in the lower bay for over two weeks, will depart for Pensacola to load cargo. Captain Williams has received orders to proceed to that port and take on freight.
The Danish steamer Nordamerika arrived in the lower bay and was ordered to New Orleans to load. The Norwegian bark Bessfield also arrived and then sailed to Pensacola to continue its voyage. The Odderstadt followed, then departing after readiness to sail again.
Police hunt a man posing as a labor agent who collected 2.60 from Minnie Stutts at the Bull's Head Neely's station on the Mobile and Bay Shore road. He promised her 15 year old son work at 2.50 daily and fled with the payment.
An old advertisement urges using Grove’s Tasteless Child Tonic to combat malaria and strengthen health. It notes the formula includes quinine and iron in a tasteless liquid, price 50 cents.
An advertisement extols S S S as a universal blood purifier made from roots herbs and barks. It claims relief from skin diseases rheumatism catarrh scrofula and contagious blood poison by purifying the blood and improving complexion. For unique cases it directs writing Swift Specific Co Atlanta Georgia.
After yesterday's rain, contestants returned to the field with renewed energy, pursuing old and new subscriptions and gathering free votes for Saturday's count. They credit the contest's open rules and lack of entry fees for broad support and note The Item will handle Christmas Distribution finances while candidates focus on subscriptions.
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