Markets Report for Mobile Cotton Trade
Cotton market figures show current year and prior year receipts and exports. Exports to Great Britain and the Continent are listed with quantities, alongside stock on hand and shipments since August.
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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Dec 12, 1916
Page
7
New Orleans Cotton Markets Hold Firm After Opening Decline
The New Orleans cotton market opened with a 12 to 15 point drop as selling orders piled up. By midmorning prices recovered and stayed largely up from yesterday, with active months 24 to 43 points above yesterday's close and spot cotton at 163 points below.
MENTIONED IN THIS ARTICLE
Associated Press
New Orleans
Germany
Shorts
Texas
New York Cotton Opens with Mixed Signals Amid Peace Talks
The New York cotton market opened with liquidation and a 3 to 25 point drop due to lower cables and yesterday’s break. Demand remained strong for July at about 17.70 and May at 18.18, as reports Germany offered peace talks sparked a rally and renewed nerves about ally acceptance. Prices steadied near midday after a 6 to 7 point bounce, with lighter offerings than recent sessions.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Germany
Stock Market Opens Weak After Broad Declines
New York stocks opened lower with widespread declines led by United States Steel and copper issues. Some early gainers included Central Leather and Pressed Steel Car as trading broadened, but losses expanded to finish near day’s low with war shares remaining weak and several heavy issues underperforming.
MENTIONED IN THIS ARTICLE
Associated Press
New York
United States Steel
Central Leather
Pressed Steel
Bethlehem Steel
Allis-Chalmers
American Can
American Car & Foundry
American Locomotive
American Cotton Oil
American Smelting
American Sugar
American Tel. & Tel
American Tobacco
Anaconda Copper
Atchison
Atlantic Coast Line
Baldwin Locomotive
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago
Mil. & St. Paul
R. I. &Pac. Ry
Colorado Fuel & Iron
Consolidated Gas
Corn Products
Crucible Steel
Cuba
Erie
General Electric
Great Northern Prd
Great Northern Ore Ctss
Illinois Central
Inspiration Copper
Int
Mer
Marine Pfd
International Nickel
International Paper
Kansas City Southern
Kennecott Copper
Louisville & Nashville
Lorillard Co
Maxwell Motors
Mexican Petroleum
National Lead
New York Central
N. Y
N. H. & Hartford
Norfolk & Western
Northern Pacific
Pennsylvania
Ray Consolidated Copper
Reading
Rep. Iron
United States Rubber
U. S. Smelting & Refining
United States Steel Pfd
Utah Copper
Virginia Carp. Chem
Wabash Pfd. B
Western Union
Westinghouse Electric
Optimistic midday tone lifts cotton market in May buying
Early afternoon trading showed hopeful prospects as May advanced to 18.66 on covering and buying by reactionists. Demand, aided by bullish Southern spot advice and active trade interests, kept spot cotton quiet with Middling at 18.35 and 300 bales sold. Cotton closed very steady across futures months with December 18.42, January 18.52, March 18.77, May 18.96, July 19.02, October 17.06.
Liverpool cotton prices and futures show weak spot market
Liverpool spot cotton drifted lower with good middling at 11.16 pence and mid at 11.06. Sales totaled 7,000 bales with 700 for speculation and export. Receipts reached 16,000. futures for several monthly spreads were listed, reflecting a barely steady market and mixed forward curves.
MENTIONED IN THIS ARTICLE
Liverpool
Associated Press
Turpentine and resin market quotes in Savannah
Turpentine firm receipts total 423 and resin receipts 3 242 in Savannah. Quotations posted: BD E 6 15 FG 6 20 H 1 6 25 K 6 30 M 6 40 6 50 N 6 80 6 35 WG 7 00 WW 7 20.
MENTIONED IN THIS ARTICLE
Associated Press
Savannah
Annie F Conley Sails to Cuba With Lumber Cargo Sunk
The schooner Annie F. Conley carrying lumber bound for Cuba sank after entering the channel this morning. No further details given about casualties or cause remain.
MENTIONED IN THIS ARTICLE
Annie F. Conley
Conley
Cuba
Two Schooners Arrive at Harbor to Load Lumber
The British schooner Corinthia is ready for sea and expected to sail today with a lumber cargo. Two schooners, the Waltham and the Margaret G, arrived late Monday and anchor in the stream awaiting a loading berth.
MENTIONED IN THIS ARTICLE
Corinthia
Waltham
Margaret G
Arpillao Set to Sail Wednesday With Cargo
The Spanish steamer Arpillao, in port for days loading freight, was expected to sail on Wednesday. The ship will depart with a large cargo for its voyage.
MENTIONED IN THIS ARTICLE
Arpillao
President Will Veto Immigration Bill If It Has Literacy Test
President Wilson would veto the immigration bill if a literacy test for aliens is included. Supporters press the measure toward a final vote despite the likelihood of a veto, noting previous vetoes by Wilson Cleveland and Taft over the literacy test provision.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
United States
Senate
Wilson
Cleveland
Taft
Mobile Boy Witnesses U-Boat Fire On Moreni Off Norway
D J Lyons son of Mobile deputy harbor master Captain O B Lyons writes from New York about an unidentified German submarine firing across the Moreni s bow off the Norwegian coast. The Moreni bound from Stockholm to New York stopped after two shots then resumed voyage with a submarine crew inspecting papers. The commander later asked if they scared the crew.
MENTIONED IN THIS ARTICLE
D. J. Lyons
O. B. Lyons
Mobile
New York
Young Lyons
Moreni
Stockholm
Argentine Leaders Planning for Progress In Many Industries
Buenos Aires reports the government submitted to the chamber of Deputies a bill to authorize a 350 million piastre loan to refinance the state's floating debt and meet obligations.
MENTIONED IN THIS ARTICLE
Buenos” Aires
Chamber of Deputies
Cotton seed oil market closes steady with varied bids
The New York oil market closed steady with spot bids at 12.40 and futures for December through July trading with bids ranging from 12.23 to 12.45. Total sales reached 67,100 barrels.
MENTIONED IN THIS ARTICLE
Cotton Seed OF
New York
Women and children aboard Sumner all safe ashore
The army transport Sumner with 232 aboard ran aground off Branegat New Jersey but all women and children were rescued. The Mohawk first to reach the vessel, which lay in a safe position despite fog and light swells. Rescue boats ferried passengers ashore while a wireless dispatch noted rain, fog and a pounding underway with lines ready to pass to cutters Seneca and Mohawk.
MENTIONED IN THIS ARTICLE
New York
Sumner
New Jersey
Branegat
Catrin Webber
Coast Guard
Mohawk
Panama
Seneca
Recorder Court Hears Theft and Prohibition Dockets
In recorder’s court Alexis Harvey case on stolen copper wire from Western Union was continued to December 16. Prohibition cases against Adolph Prince and Max Maisel set for Wednesday. Law and Equity Court listed various civil actions and probate matters with orders of publication and decrees pro confesso.
MENTIONED IN THIS ARTICLE
Alexis Harvey
Western Union Telegraph Company
Recorder’s Court
Adolph Prince
Max Maisel
Law and Equity Court Dockets and Outcomes
On the law side Judge Berney presided. A. J. Schellinger defeated by verdict for defendant. Western Union Telegraph Co. awarded by default against William Kuppersmith with damages set at 168.30. George Looker versus Gulf Coast Fair Association demurrers sustained. Call for Wednesday lists Leila C. Egan versus Pearl Felder and Karges Furniture Co. versus Tidewater Securities Co. W. C. McMahon against John E. Mitchell.
MENTIONED IN THIS ARTICLE
Law and Equity
Law and Equity Court
Law Side
Berney
A. J. Schellinger
R. L. Graham
Western Union Telegraph Co
William Kuppersmith
George €. Looker
Gulf Coast Fair Association
Leila C. Egan
Pearl
Felder
Karges Furniture Co
Tidewater Securities Co
W. C. McMahon
John E. Mitchell
Circuit Court verdicts and civil actions listed
Circuit Court proceedings show Lonny Malone and others versus Jim Dees with a jury verdict and multiple small claims totaling 45.00 including 15.00 for Lonnie Malone and 12.50 for M Peavy and A Peavy, with a lien on logs. State actions include cases against Walter Davis, Barney Cavanaugh Hardware Co, Cunningham Hardware Co with dismissals and solvent credit assessment at 6000.
MENTIONED IN THIS ARTICLE
Circuit Court
Samuel B. Browne
Lonny Malone
Als
Jim Dees
Peavy
Lonnie Malone
M. Peavy
A. Peavy
State of Alabama
Walter Davis
Barney-Cavanaugh Hardware Co
City Court in Grayson Hears Larceny and Bond Forfeiture
Acting judge presides as Leon Evans pleads not guilty to grand larceny and bond forfeiture. A Wednesday call lists Charles Sims charged with murder and assault to murder.
MENTIONED IN THIS ARTICLE
City Court
Grayson
Ey - Leon Evans
Charles Sims
Holidays to be selected at school board meeting
The regular monthly school board session will discuss Christmas holidays and rotation in office. Holidays likely set from December 22 to January 3 with final action on rotation, and January will see the election of school board officers. Teachers received November payroll totaling $23,000.
MENTIONED IN THIS ARTICLE
Harry T. Hartwell
Hibernians name year's officers in Mobile division
The Ancient Order of Hibernians Mobile division elected officers Monday night led by George J. Sullivan as president and M. T. Judge as vice president. Other officers include A. J. Grove treasurer William M. Rooney financial secretary Thomas P. Lynch recording secretary Edward Carlin sergeant at arms Phil Kearney and John Cronin grand marshal.
MENTIONED IN THIS ARTICLE
Mobile Division
Ancient
Order of Hibernians
George J. Sullivan
M. T. Judge
A. J. Grove
William M. Rooney
Thomas P. Lynch
Edward Carlin
Phil Kearney
John Cronin
Taylor Named Secretary of Development Leagues
At a monthly meeting of the Tourist Welcome Club President H W Taylor announced his acceptance of the secretaryship of the Gulf Coast Tourist and Development societies, which will require him to resign as head of the Tourist club. A committee was formed to pursue better Mobile to Havana transportation facilities. The manager reported growing membership and expected additions in the new year.
MENTIONED IN THIS ARTICLE
Tourist Welcome Club
H. W. Taylor
Gulf Coast Tourist and Development
Deaths and Funerals for Howard Peters and John W Lloyd
Funeral services were held Monday for Howard Peters at his sister’s home on Charleston Street with Rev. L. C. H. Chappelle officiating. Burial followed in Magnolia Cemetery with pallbearers Thomas Neagie G Drey Matt Norden Charles O Connor John Bailey W D Smith. John W Lloyd’s funeral was at his Hall's Mill Road home with Rev. L S Goodgame officiating and burial in Zion cemetery Pleasant Valley. Floral arrangements attended both services with pallbearers Louis Rowell William Rowell James Wooley Peter S Antoine.
MENTIONED IN THIS ARTICLE
H. Peters
Howard Peters
Michael Hines
Charleston Street
H. Chappelle
Broad Street
John W. Lloyd
Hall's Mill Road
Six-Mile Post
L. 8. Goodgame
The
Valley Methodist Church
Save
Zion Cemetery
Pleasant Valley
Messrs
Louis Rowell
William Rowell
James Wooley
Peter
Antoine
Federal Trade Commission Reopens Hearings on Newsprint Rise
Washington December 12 the federal trade commission reopened hearings on the rise in newsprint prices presenting plant based data from American and Canadian mills. Producers jobbers and users testified. The commission noted no cost increase in half 1916 versus 1915 while profits per ton rose and Canadian mills underpriced US mills by about four fifty per ton.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Federal Trade Commission
St Louis Livestock Market Report
Hogs receipts 17 000 head market higher with lights pigs and heavy hogs trading 7 50 to 10 20 dollars. Cattle receipts 8 500 head market steady natives beef steers 7 15 to 11 15 dollars cows 6 50 to 8 00 calves 6 00. Sheep receipts 2 000 head market stable lambs 7 50 to 13 00 dollars ewes 7 00 to 8 65 yearlings 8 00 to 10 00.
MENTIONED IN THIS ARTICLE
ST. Louis
Change of Vessel Name and Stockholders Meeting in Mobile
Notice lists the name change for the steamer H. C. Whiteman to Clio Percy under federal regulations. It also announces a December 22 1918 stockholders meeting of Alabama Iron Works in Mobile to consider a consolidation or merger with Ollinger Bruce Dry Dock Co and actions thereon.
MENTIONED IN THIS ARTICLE
United States Customs Service
Mobile
Ala
Commissioner of Navigation
Alabama Coal Transportation Company
New Orleans
Str
H. C. Whiteman
CLIO
Percy
Alabama Iron Works
Alabama
Ollinger & Bruce Dry Dock Company
D. R. Dunlap
E. L. Merkel, Jr
the & Bruce Dry Dock Company
Pany
Bama Iron Works
Mob Bama
Board of Directo
D. R. DU
Also Mentioned on This Page
Matt and
Jeff
YULE
Consolidated Statement
Ts U
G. B
Con
Quick Transfer CO
ROCHE
BURKE
St. Joseph and
State Streets
Marine News
Mobile Boy
Su and
Provisions
Weepoueees Aeth
Duly RK
Pewee News
Seeee
U. S. Army
Barnegat
Equity
Inez Briggs
William Briggs
Corinne Pollard Staufer
Daniel W. Staufer
M. W. Right
C. T. Rogers
Chancery Court
Smith
Frank Cieutat
Mitchell Cieutat
Guardian
W. B. McAleer
Annie Lynch
Neal Lynch
Nellie Lundy
Aaron Jundy
Frank Washington
Francis Washington
Carl Esther Hoffman
Henry Hoffman
Salt Lake City
Cliff Blankenship
U.S
Hibernians
Father Molloy
Father J. W. Molloy
Taylor
Development League
RISE
Plains
Barber College
New la
Bank of Mobile
St. Michael St
Ter
St. Francis St
Jae
R. BE. Brightman
US Phin Street
Bell
Prac
Creola
Turner Bell
Mel Optical Co
Ann
George H. Dunlap
Sada
Calvert Betty
Seavert
Ouiville
Nash Well
Pensacola
Montgomery
Dew Orleans Li
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