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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jan 10, 1917
Page
7
A historical table shows daily and weekly receipts totaling 1 752, 816 for the period, with year to date receipts 77 055 and exports to Great Britain and the Continent. Stock on hand ranges around 9 640 to 22 354. The six day totals reach 80 447 and 104 198 for receipts and exports respectively.
Bear pressure caused early declines of 19 to 29 points in New Orleans cotton trading. Prices steadied and recovered sharply to 5 to 10 points above yesterday's close, then slipped again as Liverpool freight rates were withdrawn. By close, contracts showed a net drop of 32 to 52 points from the day’s session.
Active selling lifted prices after an initial drop with March near 18.35 and July around 18.67 while Liverpool rallied elsewhere. Spot markets were buyers on a scale down and the day closed feverish and irregular with middling futures around 18.40 and no sales at the spot.
Today's irregular trading shows Bethlehem Steel down about 10 points with oils, equipment and shipping shares slipping. Leaders of the late decline include Steel, Shipping, Oils and Central Leather while New Haven slid over a point and many major names posted fractional losses.
Associated Press reports Chicago market prices for cash wheat corn oats and rye with bid ask figures across several grades. Provisions include lard ribs and pork futures with open and close values for January May and July contracts and related notes.
Insurance firm Joseph Street capital shown as over $100000 in abstract. Brief note lists Title Guarantee Abstracts and associated figure for a capitalization entry.
The steamer Port Antonio with bananas for the United Fruit Company arrived Tuesday and discharged at the M and O wharf. Port Antonio with the Preston of the United Fruit Company fleet are both holding here awaiting orders. Frank Brainard arrives. The schooner Frank Brainard arrived Tuesday and is anchored in the stream. consigned to Page and Jones to load for that firm. Winchell off docks. The barge B L Winchell, in dock for repairs by Gulf City Boiler Works, was let off in the afternoon. The Winchell, previously a New Orleans ferry, was cut in two to form two oil barges. a bow has been added to the half brought here.
The river steamers John Quill and Maggie A Burke departed Tuesday night carrying cargo. The Quill headed for Bigbee river landings while the Burke due for Alabama river points.
The schooner Robert H. McCurdy, in port several days, moves from Pier 2 to the Gulf Dry Dock for repairs.
Associated Press reports Hog receipts reach 18 500 head with market lower. Cattle receipts 4 500 head steady demand with native beef steers 7 50 to 11 50 and cows 5 50 to 8 50. Sheep receipts 700 head strong with lambs 12 75 to 13 75 and yearlings 11 00 to 12 25.
Turpentine firm shows 53 1-2 cents with no sales and 216 thousand receipts for a total 348 thousand shipments. Rosin firm reports 1,192 barrels received and 1,363 barrels on hand with 90,157 barrels in stock. Prices quoted across grades range from 6.26 to 7.30 per barrel.
Liverpool December 10. Cottons spot firm with good middling at 11.62, middling 11.46, low middling 11.28. Sales 8 000, including .800 for speculation and export. No receipts. Futures steady with January February 11.12 and later calendar spreads listed from March 11.14 to January February 10.35.
An advertised health tonic promotes Gold Medal Haarlem Oil Capsules as a remedy for weakness from overwork and poor habits. The copy claims three capsules daily restore strength for uric acid issues and general debility, with money-back guarantees and pricing at 26c 50c and 1.00 per box.
A cough that irritates the throat can become serious if ignored. Dr Bell's Pine Tar Honey is advertised as a soothing remedy with antiseptic properties to ease irritation and help breathing for croup sore throat and bronchial conditions. Available at druggists for 35 cents.
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