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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Feb 05, 1913
Page
8
The report outlines a weak market with manipulations by large interests and a drop in quotations. Augusta spot prices hover around thirteen cents as New York opens strong but fails to hold. Realizations are small and only pikers buy or sell while receipts and transports appear mixed.
Market notes show butter rising another cent with brisk imports of crabs and oysters at the fish markets. Florida strawberries fetch 25 cents a quart and are popular. Repacking of orange boxes continues with 176 to 200 oranges per box and Malaga grapes available year round. Freight receipts remain high as orders pile up for Sunday to Tuesday, tying up wholesale clerical staff.
Sterling at 4.8254 4.82 percent for commercial use. New York Light at 75 cents discount. New Orleans Light at par. Mobile Freights Ocean to Liverpool 48 cents. Teamer Havre 56 cents. Steamer Bremen 50 cents. Steamer Manchester 48 cents.
Dispatches from Lodz say a mob invaded the Jewish quarter and beat residents, with several believed fatally injured. The assailants looted stores and a deputation of Russian Jews petitioned police for protection.
The D S Bauer authorized Kosine for epilepsy and fits sale. A bottle costs 1 50 with a money back guarantee if not fully effective after use. The seller promotes the treatment based on long standing belief in its merit and offers free literature and guidance.
Cotton futures in New Orleans opened steady with small gains on good cables and brighter spot demand in the South. Traders stayed cautious due to Balkan hostilities resuming, while weather reports showed mostly favorable conditions though rainfall setbacks affected preparations for the new crop.
New York February 5 cotton futures opened marginally higher on stronger Liverpool cables and steady spot advice from the South. Trading showed early gains of 1 to 3 points, then ease to 2 or 3 points from the best, with midday price strength about 1 to 4 points net higher. The market closed quiet with kernels of favorable trade data offset by selling pressure.
Closing in Liverpool shows moderate cotton business with firm prices. American middling fair at 7.44, good middling 7.10, middling 6.88, sales day 8 000 bales including 7 700 American for speculation and export. Receipts 6 000 bales, futures opened firm and closed quiet with varied spread quotations through JanuaryFebruary 6.16.
Interviews with rail and financial leaders offered little impact as prices declined.key factors were Can preferred back dividend and weak copper trade, with railroad leaders resisting but yielding with the market. Standard Oil shares stayed up while bonds held steady.
Rain in Indiana softened wheat and corn on weak cables from Argentina. May futures opened lower, then fluctuated with wrap around prices. wheat around 93 to 94 cents, corn about 53 to 54 cents, and provisions higher with pork near 19.45, lard near 10.40, ribs near 10.40.
In Savannah on February 5 buyers were quoted turpentine 4.21 to 4.24 per degree and rosins at grades F six dollars with 6.15 and G six dollars and twenty cents per barrel.
The Mobile county board votes to discharge engineer Charles Dew after his testimony disputes the action. Attorney McAlpine defends the Nashville Bridge Company contract as valid and readiness to answer why it should not be annulled. A new rule bans secret meetings with the Civic League without public access.
A stock list shows prices for major companies led by Amalgamated Copper 71.54 and American Beet Sugar 37.12. Big names include American Sugar Refining 116, American Tel 131.34, Anaconda Mining 37.35 to 37.38,Atchison 103.5, Baltimore & Ohio 102, General Electric 142.25, United States Steel 64.125, Reading 164.5, Union Pacific 159.75, Southern Pacific 105.75, Northern Pacific 119, New York Central 108.50, Pennsylvania 119.38, Erie 31, Missouri Pacific 41, Rock Island 24.25, Great Northern 128.125, and Interborough-Metropolitan around 18.50.
Died February 5 1913 Mary A Matzenger aged sixty one funeral from 360 Palmetto street tomorrow at 3 and St Johns Church at 3 30 interment Magnolia cemetery Also Jones died February 4 1918 Cornelia daughter of George W and Cornelia Jones funeral from 1158 Church Street tomorrow afternoon at 3 30.
A forged astrology advertisement promises life insights from a free test reading. It touts accuracy in past present and future revelations, offering guidance on business love health wealth and marriage and requests name address birth date and small postage to return a typed reading from Prof Raleigh London England.
A large draft horse bought from Barnum Bailey's by a young man named Frazier was struck by an L and N train on Washington avenue and killed. Initial reports named Tom Kelly as driver, but this was incorrect. Frazier was driving the horse when he left the vehicle and the horse was driven off by unknown persons. The animal was returning to the city from the bay when hit by the engine.
The single story frame home of William Hanley at No. 7 Lee street was totally destroyed by fire on Tuesday evening. The contents were lost as well. Origin unknown as the family was away. Alarm from box 416. Firemen found the dwelling in flames from top to bottom.
A defective flue started a fire that slightly damaged the roof of a one story house on Madison Street near Conception Street on Wednesday afternoon. An alarm came from box 26.
A dated advertisement claims Calocide dissolved in warm water will relieve foot pain. Fifteen minute soak, gentle rubbing banishes soreness, Corns and calluses peel away, and feet feel delightful. Also promises relief from sweaty, smelly feet and frost-bites.
Two sailings from Havana marked the water front activity with the American schooners Madeleine and Annie F. Conlin arriving from Cuba. Madelein commanded by Follete and bound for Page & Jones, Conlin with Moodymaster aboard and bound for Van Heynigen & Co. Four river packets tied up after carnival with expected departures for Alabama and Tombigbee river landings aboard the John Quill Mary S. Blees and City of Mobile.
A compact note observes that granting two favors to an individual encourages a pattern of reciprocal requests. The tone suggests social reciprocity and growing expectations from the recipient.
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