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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Dec 21, 1916
Page
7
Summary of daily and weekly receipts and exports with year over year figures. Includes receipts this day and week, accumulative receipts since August, daily exports, and stock levels at ports in current and prior year. Data covers U S ports and major export destinations including Great Britain and the Continent.
The New Orleans cotton market rose on hopes for peace talks and a strong Liverpool market but fell after Secretary Lansing clarified Wilson’s note. Early gains faded. old crop months dropped sharply while new crop closed with losses. Spot cotton held steady at Middling 17.25 with 1,885 bales sold and 1,300 arrived.
New York cotton prices jumped early as Washington notes and Egyptian reports boosted nerves. First prices rose 27 to 28 points with January near 17.39 and May at 17.87, but by afternoon March fell to 16.60 and May to 16.84 as submarine activity and war uncertainties weighed on trading.
Liverpool reports firmer cotton with good middling at 10.62 and receipts of 62,000 bales. Sales reach 700 bales for speculation and port, with forward positions listed from December through August showing modest adjustments.
Turpentine firm receipts listed at 521-4 and rosin firm receipts showing 1 361. Quotations show mixed notation B. DR FG and various letters with small price figures such as 6.17 1 3 and 6.59 6.30 6.90. Public bulletin from Savannah December 1.
New York stocks slide as prices melt away on today’s opening trading. Steel leads declines with a 3½ point drop as a large block sells at 104½ to 105½. Rail shares, chemical and copper equities also weaken with many firms at new lows by the close.
Hogs receipts 16 000 head with higher prices. Lights 9 10 35, pigs 8 25 9 50, mixed and butchers 9 55 10 60, bulk around 10 05. Cattle receipts 5 500 head steady market native beef steers 7 50 11 60, yearling steers and heifers 8 50 11 50, stockers 6 30 7 75. Sheep receipts 1 000 steady lambs 8 00 13 00, ewes 5 00 8 75, yearlings 9 00 11 25.
From New York on December 21 the cotton futures list shows values for March and April contracts with varied bids. The report notes daily totals and rounding details across months including June July and December positions.
Chicago market summary lists cash wheat and corn grades with values, oats and barley prices, hay and provisions figures. Prices for futures show May wheat around 1.43 quarter, May oats near 1.30 to 1.35, with lard and ribs quoted and final close noted.
Heavy morning fog slows harbor traffic with no arrivals or departures while tugboats signal for safety. Three steamers ready for sea port plans include fruiters Vera Port Gaines and Mallory line steamer Comal awaiting clear channel to depart once visibility improves.
The Conniscliffe anchored in the stream after arriving in the lower bay on Wednesday night en route to Mobile for cargo. The Anna Marie D Abundo arrived at McIntyre Lumber Company harbor yesterday, discharged ballast, and will load lumber in a few days.
The barge City of San Antonio, previously moored at the eastern it appears, was shifted Thursday to the Southern coal chute. The Frontera followed, moved down to the Mobile Coal Company works as part of fleet maneuvers during the day.
Senator Newlands introduced a compromise flood control and waterway development bill. It was referred to the commerce committee for action after the holiday recess.
Paris dispatch reports Bordeaux ships have mounted guns and stocked munitions to deter submarines. The Figaro correspondent notes vessels at the port are ready to defend themselves amid submarine threats.
Puss in Boots reveals he found his father at the castle of My Lord of Carabas where the Seneschal serves. He plans further adventures with Tom Thumb as the Ark signals departure and the crew readies to go ashore.
Job notice seeking two adults in a business setting. Applicant details include a two-person family, Reed Avenue address, and a four young men experienced in business. A P Team advertises for an experienced James McPhillips Grocery staff member.
A mixed set of lost, wanted, and business notices appears including lost dogs with partial descriptions and addresses, a plea for a partner in a manufacturing business, a notice of a special sale and scholarships, and contact details for Mie Business College in Mobile.
Fragmentary timetable shows multiple city names including Montgomery Thomasville and Paden New vada with varying departure times and routes. Readable portions list morning and afternoon departures and generic stop markers.
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