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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Dec 18, 1916
Page
7
Today’s markets show receipts of 864 this day and 1,272 for the week, with year to date totals of 69,042 and 41,522 for receipts since Aug. 1. Exports today are 65,143 and 41,522 since Aug. 1, while stock on hand stands at 15,963 today versus 28,349 previously.
The table lists current year and previous year figures for U S ports export totals to Great Britain and Canada, with 12 207 and 100 units respectively. It also shows stock figures and reexports since August, noting 1 669 637 and 1 645 846 units.
The New Orleans cotton market opened with a nervous tone as near months fell and distant months rose, ending the first half hour with a small net gain. Expectations of liberal ginning in Wednesday’s census report influenced offerings while late buying lifted prices briefly before a final easy close.
New York cotton started steady with gains of 9 to 16 points on the opening, underpinned by covering and trade buying. January around 18.09 and May near 18.50, then later 18.15 and 18.59, with Liverpool sellers and quiet private cables keeping sentiment mixed as the session closed barely steady.
Market recovers from the prior week’s lows with gains in Central Leather and International Paper and strength in shipping shares. Industrials ease and metal and motor stocks slide, while United States Steel holds near unchanged before retreat.
Liverpool reports a weak cotton spot market with Good Middling at 19.99 pence and Midst 10.80, Low Middling 10.64. Sales reach 10,000 bales with 590 for speculation and export. receipts total 47,000 bales. Futures steady with various spreads listed from December to November.
Chicago market notes show wheat at various red and hard grades with prices around 1.60 to 1.64. Corn prices range from 0.91 to 0.94, oats near 0.51 to 0.52, rye 1.38, barley 0.85, and timbered hay values. Provisions list pork around 26.60 to 26.80, lard near 15.92 to 16.02, ribs about 13.22 to 13.72, with futures or open and close figures across multiple months.
The fruit steamers Fort Gaines and Vera are due in port today. Fort Gaines carries bananas for the Orr Laubenheimer Company while Vera brings fruit to the United Fruit Company. The Honduras is expected later in the week with more bananas.
The steamer Fordonian, at anchor for loading and repairs, is expected to depart this afternoon or Tuesday morning. It carries a general cargo including pig iron and lumber.
The steamer John Quill arrived this morning from Tuscaloosa with a large freight and several passengers. It will depart on the return trip Tuesday night.
The steamer M. A. Burke of the Burke Packet Company was due to arrive from Alabama river landings during the day. It is scheduled to depart Tuesday night with clerks busy this morning receiving freight for the vessel. The Crathens and Tarpon arrive The Munson line steamer Crathens arrived in port Sunday afternoon and is docked at Munson piers prior to loading cargo. The Tarpon arrived on schedule this morning from Pensacola and St Andrew key points and after discharging began reloading freight for the return trip.
The steamer Frontera previously at L. and N. docks was shifted Sunday to Pinto docks for repairs. The tug Senator Bailey, in dry dock for some time, was moved to Pinto docks for repairs.
The schooners Bluefields and Chara Scott were reported ready to sail and expected to depart in the afternoon. Both vessels carry lumber for Cuba.
Hogs receipts 12 500 higher with lights pigs and bulk ranges, good heavy around 10 dollars. Cattle receipts 800, calmer with native steers 7.50 to 12.75, cows 5.50 to 8.50, calves up to 12. Lambs and sheep 3 500 head lower with lambs 8.00 to 13.25 and ewes 5.00 to 8.75.
In Savannah on December 18 the turpentine market shows 53,531 barrels with 38 casks received. rosin firm reports sales and receipts at 2,262. Prices quoted include B DE 6.15 F G Hy 6.20 55 6.26 and other grades WG 6.95 Ww 7.26 with various letters and codes.
The Associated Press reports the cotton seed oil market in New York closed firm with spot at 12.20 and various futures bids from January to December ranging 12.22 to 12.50. Total rates 5,400. Also notes England wireless tests exceeding 145 words per minute.
President Wilson said he has reached no decision on universal training and will not decide until definite measures are presented. He finds the idea attractive but depends on concrete plans and does not fault the national guard’s performance. Major General Wood criticized militia mobilization on the Mexican border as highly inefficient.
The sisterhood and the Council of Jewish Women host an informal reception Wednesday night in honor of Dr. William Rosenau of Baltimore and Rev. Henry Berkowitz of Philadelphia who will give addresses. The Mobile Suffrage Association shifts meetings to the first and third Thursdays, with the next gathering this Thursday at 3:30 in the Battle House parlor.
Personal notices list Mrs J G Wisher of Chicora Mississippi and daughter Marianna visiting Mobile and Moss Point relatives. Marie Cowles at Creola school spent weekend with family in Mobile. W Simister of Grand Bay convalescing after surgery. Rev Gardiner L Tucker visiting with his parents. Marion McDuffie back from Mobile after bridesmaid role in Hickey McMillan wedding. Mrs Gaillard Hamilton and two boys home in Mobile after visiting Mrs Ellen Peter Bryce. Edith Tucker back from Pensacola. Irene Huet weekend with friends at Dauphin Island. Mabel Moore leaves for holidays with W S Moore at Perdue Hill. English Cody, now in New York, to spend holidays in Mobile. Mrs Virginia McClure of Peoria Ill visiting Battle House. Robert Harris returns.
Cramped muscles or soreness after a cold grippe are eased by Sloan's Liniment. It does not stain skin or clog pores and penetrates quickly without rubbing. Relieves rheumatism neuralgia lumbago strains sprains and bruises. Get a bottle at all druggists 25 cents.
Classified notices advertise positions in New Orleans and surrounding areas. A jail judge requests a tallyman and director for lumber shipments, a foreman for filing saws in a planing mill, a good cook at 1446 Dauphin Street, and ladies invited to learn hairdressing beauty culture and chiropody with Moser College offering a free catalogue.
Timber sale offer for two to three million feet of virgin short leaf saw logs located within hards distance of a southern railroad river. Apply P. O. Box 785 Pet or Bell phone 449.1.
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