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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Dec 20, 1916
Page
7
Market table shows daily and weekly cotton receipts and exports. Today's receipts amount to 179 bales, up from 719 last year, with weekly 2,427 vs 2,376. Cumulative Aug 1 totals reach 70,197 vs 57,909, exports today 40 vs 233, and year-to-date 65,189 vs 41,552. Stock on hand stands at 17,072 vs 29,617.
The New Orleans cotton market opened with a fall of 18 to 37 points as selling dominated and the census data on 10,845,989 bales sparked bearish sentiment. Prices recovered late morning and early afternoon, but by close the market showed a net loss of 8 to 15 points with spot at 25 points down.
Active cotton trading follows yesterday's late rally with January at 16.74 and May at 17.24 on the call. Cables and rumors of Southern hedging trigger early highs, then a sharp rally to 17.53 May before a broad liquidation push returns prices near 16.99 for January and 17.44 for May as spot middling rises to 17.16 and 600 bales are sold. futures close steady.
Stocks opened with moderate activity in New York as a general recovery from recent losses set in. United States Steel rose near two points while munitions and rail shares advanced, but shipping issues led to weakness in Marine preferred and mixed early bids across major names such as American Tobacco, Bethlehem Steel, Copper plays, and electric utilities.
Grain and provisions prices for wheat corn rye oats and hay are listed with nominal and bid figures. Prices shown include wheat No 2 No 3 red and hard, corn No 2 yellow, No 4 yellow and white, rye No 2, barley, Timothy hay, clover hay, lard and bacon with varied quotations and months noted.
A vintage advertisement promises relief from a hacking cough and sore body with Dr King's New Discovery. It touts pine balsams for irritated membranes and claims antiseptic and laxative qualities to break up a cold.
A blaze on December 20 at the J. P. Allen Company on Whitehall Street in Atlanta destroyed the Allen store and stock with estimated losses of 200000 dollars. The fire prompted evacuation of nearby premises as walls of the building threatened collapse, but no injuries were reported. Davidson Paxon Stokes adjoining store remained closed briefly but reopened after safety checks.
The day in Congress featured Newlands urging a compromise flood control bill before the commerce committee. Proceedings resumed on the District of Columbia prohibition bill and a deficiency appropriation bill. Rear Admirals Strauss and Griffin testified to the naval affairs committee, and General Crozier spoke to military affairs.
Turpentine steady at 53 cents with 65 casks sold and receipts of 887 barrels. Rosin firm with no receipts. Price quotes listed for grades B through WW ranging from 6.20 to 7.26 dollars per barrel or ton as applicable.
Cotton seed oil closes firm with spot at 12.35 and nearby months around 12.10 to 12.19. Liverpool cotton remains weak with good middling at 10.39 and futures unsettled, prices listed for December through October contracts.
Hogs receipts 16 000 head higher with lights 8.80 to 10.30 pigs 8.25 to 9.25 good heavy 10.35 to 10.40 bulk 9.95 to 10.35. Cattle receipts 7 009 head market steady native beef steers 7.50 to 11.50 yearling steers and heifers 3.50 to 11.50 cows 5.50 to 8.50 stockers 6.30 to 7.75 calves 6.00 to 12.00. Sheep receipts 2 300 steady lambs 8.00 to 13.25 ewes 5.00 to 8.75 yearlings 9.00 to 11.25.
Mothers reach for Sloan's Liniment for bumps bruises and sprains in children. It penetrates and soothes without rubbing and is advertised as cleaner and more effective than mossy plasters or ointments. It claims quick relief for rheumatic aches neuralgia and post cold soreness.
A fragmented retelling follows Puss Junior and Tom Thumb as they join Noah at the Ark. Animals arrive from forest and plain while rain floods and Noah prepares to depart that night with his family aboard the growing vessel.
In heavy rain the village floods rise as water covers streets and the Hotel Ark sits in a widening shallow lake. Puss Junior and Tom Thumb peer from the veranda toward the Ark and hear a distant singing voice.
The Munplace, a Munson Line steamer recently sold and chartered to Munson, arrived at the port late Tuesday afternoon and will load cargo at the Munson piers for Cuban ports. The Vera and the Bluefields are the next vessels due to sail, with the Vera ordered to depart at 11 oclock Thursday morning while the Bluefields plans to depart that day. Frontera shifts to the Mobile Coal Company chute to load coal for voyages to Mexican ports.
The fishing vessel Virginia Lyons was towed into port by a tug from off Mobile bar after breaking its rudder during a fishing voyage. The captain said the ship was limping in but not helpless and aimed to reach better time, with Fort Gaines sending the tug in assistance after the fruiter signaled the Lyons entering port.
The bark Anna Marie d Abundo is in the lower bay waiting for orders and due to arrive in Mobile for cargo. The vessel is linked to the McIntyre Lumber Company. Housewives up in arms. Their husbands' arms, we trust.
A new oil flow near Cordova Alabama about six miles south of town on a lease held by Tulsa Oklahoma owners shows production around 100 barrels per day. The green oil reportedly flowed deep into the Warrior river before being contained and has caused great excitement locally.
Fire believed caused by defective wiring in the elevator shaft of the Parisien on Third Avenue destroyed the store's entire contents valued over 200000. A. Williams & Co. adjacent was heavily damaged. One fireman broke a leg when a water tower collapsed. Parisian four stories tall, stocked with Christmas goods. building and contents partly insured.
John B Uphaus aged 85 died Wednesday morning December 20 1916 at 7 30. Funeral services from the residence of his son O J Uphaus 306 N Conception street tomorrow Thursday morning at 11 30. Interment in Evansville Indiana. Flowers requested.
Taken up on December 14 1916 at 1 20 pm on Monterey near Government Street a black and brown dehorned dry cow and a large yellow and white spotted heifer will be sold at the city pound on December 26 1916 at noon unless redeemed by owner Jameis Curran impounding officer
Educational wanted ad offers shorthand course promising 100 lessons in 30 days for $5 if enrolled before January 1. Mobile pupils report 80 wpm after thirty days. Also bookkeeping art languages typewriting spelling penmanship with board and lodging options at 168 St Anthony St.
Help wanted notices seek a tallyman to direct unloading of lumber and tally work with state experience. Also a planing mill worker to file circular sawing and maintain milling operations. State experience and expectations with replies to boxed mail.
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