Market Thief Refused Higher Bid Says Two Shillings
An orderly reports a man stole items and handed over money, but refused to pay more than two shillings. The Monday markets scene provides the context for the exchange.
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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Feb 21, 1916
Page
2
An orderly reports a man stole items and handed over money, but refused to pay more than two shillings. The Monday markets scene provides the context for the exchange.
Exports show compressed cotton 22 bales. Transit via L and N 124 bales. River Packet John Quill Plant ers Cotton Co 2 bales. W Jones & Co 1. Clarke, Davis & Co 2. Baker, Lyons & Co 4. Total 9 bales.
Opening cotton trading showed heavy selling in New Orleans and New York with rapid declines of 8 to 14 points from the prior close. Activity mixed as shorts and hedge sellers pressed, later buying from hopeful longs steadied prices near midmorning before a softer afternoon session.
Chicago police investigate a poisoning at a University Club banquet honoring Archbishop Mundelein now Archbishop of Chicago. The assistant chef Jean Crones was linked to a chemical laboratory in her room and has vanished as detectives weigh deliberate foul play versus a lone madman.
Market reports indicate steady tones with prices at 7.174 low middling and 7.41 for sales of 8,000 bales for speculation and export. Receipts total 2,500 bales with 2,000 bales also noted. futures across contract months trade near unchanged, listing multiple near term spreads from February to December contracts.
The cotton seed oil market closed firm with spot and February at 9.70, and a range across future months from March to September. Total sales reached 9,700 barrels.
The Supreme Court upholds an Interstate Commerce Commission ruling that trunk lines and tap lines sharing through rates use a mileage base. New Orleans Texas and Mexican Railroad challenged the order seeking equal allowances, but district court dismissal stands. No Mardi Gras courthouse decorations. county officials deny funding for the display.
Coast Guard cutter Tallapoosa departs for a week long voyage to Gulfport Miss for Mardi Gras inspection tours. Crew will assist visitors in viewing ship sections during the in port period. Also noted are arrivals and departures of several international and coastwise vessels at local docks and channels.
A partial list of ships and dock facilities along the Mobile area including vessels such as City of Mobile Alma and Carrie Strong, various tug and packet services, and dock facilities at Canal Street Pier L N Docks Gulf Dry Docks and Turner Terminals with references to East Side of River and Dauphin, and vessels under American and Italian flags including Sabine and Corinto.
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