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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jan 21, 1913
Page
10
Spot houses Weld McFadden buy today as bullish tendency softens. Continent spinners purchase with healthier undertone while government reports place January ginned cotton at 12 907 405 bales. March cotton dominates talk as buyers and sellers hedge with squeeze rumors amid easing weather and falling local exchange attendance.
Southern Railway Train 116 lists 28 bales with F M Ladd and others. Mobile and Ohio Export shows 49 bales with Selma Alabama and multiple firms. Louisville and Nashville Train 116 records 91 bales with Touart and Quina, Baker Lyons Co, Bevill Phillips Co, and Davis Wilson Gaillard.
Prime mercantile paper quoted 4 1 2 to 6 cents. Sterling exchange firm with bankers bills at 4 83 45 for sixty days and 4 87 60 for demand. Commercial bills 4 82 1 2. Bar silver 63. Mexican dollars 49. Government bonds steady, railroad bills irregular. Money on call steady 2 1 4 to 3 4 percent. Ruling rate 2 1 2, closing bid 2 1 3 offered 2 3 4 percent. Time spans weaker sixty days 2 3 4 at 4 percent ninety days 4 six months 4 to 4 1 4 percent.
A reflective tribute notes how a generous, open heart united friends and neighbors. Though unable to perform artistically, his kindness and radiant presence left a lasting, beloved impression on every place he visited.
Shipping clerks stayed busy as receipts of sheephead and salt water trout replenished fish scarcity. Rabbits from the Mississippi Territory enter markets while cabbage planting begins and barrels remain prominent for flour. Temperature swings affect stocks and packing, with New Orleans to Mobile rate changes likely to interest local traders.
Cotton futures in New Orleans opened steady then rose on reports of improved export business and strong long buying by brokers. Prices climbed through the morning led by March with short-covering fears and spot demand, closing the first session 18 points higher on the day.
Cotton futures opened firm with an 9 to 11 point rise and 11 to 19 points gain in Liverpool driven by active Southern spot demand and short covering. March premiums widened over May as brokers snapped up the March position, though early gains softened as offerings grew and prices eased 3 to 4 points from the peak amid realizations on Wall Street.
Liverpool market notes steady futures with American mids notables. Spot prices show good and middling ranges with daily sales totaling 8 000 bales driven by American demand. Receipts reach 44 000 bales, including 42 500 American. speculation and export 800 bales.
Nearly a hundred housewives gathered in Mobile to hear talks on reducing living costs by linking truck farmers with consumers and using parcels post or express delivery. Demonstrations showed how farm products can be mailed cheaply. a hamper from Citronelle valued at $1.40 was sent for 75 cents.
Two British steamers Memphian and William Cliff, bound for Europe, were due in port Tuesday to load cargoes similar to the Nessian. A third ship Elswick Park, also to Hunter-Benn Lumber, was scheduled. Additional arrivals included the Norwegian Atlantis and schooner Isabel B. Wiley. The Mallory Nueces, Ravn, Agnella, Fort Morgan and Lizzie E. Dennison departed for tropical ports and Havana. Castle Eden sailed to Italy with lumber cargos.
United Fruit Company announces sailings from Mobile port with vessels Viator Hypolite Dumois Harold Fort Gaines and Colon. Most sail in ballast except Fort Gaines. Dates include January 23 25 besides January 25 for several ports Puerto Cortez Port Limon Colon.
Weather advisory notes 12 degree protection needed for 36 hours on northbound shipments and 34 degree tolerance for east and west routes. Authorities urge handlers to adjust insulation and timing to prevent cargo damage.
A Washington Herald quip notes Europeans acquire American stocks by keeping a carriage or advancing by marriage, while most grow their holdings through matrimonial alliances.
The marriage of Miss Mattie A. Bullen to Mr. William E. Layton will take place at St. Matthew's Catholic church in Oakdale on Wednesday January 22 at 5 30 a m.
Directory fragment lists Van Antwerp Seed Store at 88 Royal St and Weinacker Bros on Government and Catherine Sts with R C Harris Grocery Co at Dauphin and Joachim Sts.
Room No 3 lists an iron bed springs mattresses pillows and ornate items including velvet upholstered Davenport Erica Brac. Room No 4 features a leather parlor set Russian leather book case mahogany rugs lace curtains and Morris chair. Rooms 13 and 14 described as furnished as in first class housing.
The Black Warrior is set to fall while the Tombigbee shows little change over the next two days. The Alabama river is expected to rise slowly tonight and probably Wednesday.
A west to east cold wave covers the country from the Lake region to Texas and into the south Pacific coast. Light frost occurs in southern California and central Texas sees freezing temperatures. High barometer brings fair weather to Mobile with colder tonight while a Northwest low pressure moves southeast bringing slight warmth on Wednesday.
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