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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jan 21, 1914
Page
9
A terse regional quip questions the sanity of residents in neighboring towns, hinting at secretive rivalries and local rival reform debates. The line suggests humorous concern about outsider behavior and community dynamics.
Market steady with 300 bales sold. Exports this day 2 601 for the current day and 271 560 since Sept 1. Stock this day 33 016 at United States Ports 169 256 receipts for the year to date 8 ports 169 256. Exports to Britain 64 941 and to the continent 40 707. US ports receipts this year 7 642 607 and last year 7 589 544.
Summary of cotton shipments including New Orleans Mobile and Chicago Railroad-Export with 100 bales and multiple consignments via Mobile and Montgomery Railroad 118 bales Farmers' Commission Co. 8% and Baker-Lyons 2, R. P. Pope 77 Weil Bros. 1 transit 1 total 140 bales, Mobile and Ohio Railroad-Export 569 bales.
Cotton futures opened steady with small losses on poor cables but gains from spot sales kept activity up. Traders bought enough to push the active months near yesterday's close before selling pressured by bearish talk. Spot cotton remained steady at 13.00 middling with 2,658 bales sold for delivery and 1,372 bales to arrive.
A compiled list from Mobile County shows various Alabama refunding issues and city bonds. Entries include bonds from Gulf Coast Gas, Bank Stock, First National, Merchants, Turner-Hartwell Docks, Meridian Light and Ry, Battle House, and Mobile and Ohio lines with interest rates around four to six percent and multiple mortgage or collateral securities.
New York cotton opens steady to slightly lower amid scattered selling from easy cables and ginning reports. By afternoon buying and hedge covering push prices about 56 to 6 points higher, with spot values steady at middling uplands 13.06 and middling gulf 13.30. sales total 600 bales. The futures market closes steady.
Liverpool reports steady prices and active spot trading with 12 000 bales sold including 11 100 American. Mid dling fair at 7.860 and good middling 7.624 with receipts of 2 000 bales. Futures closed quiet across the calendar from January through December with small shifts.
Pursuant to city ordinance 1 022 all parties delinquent on water rents are ordered to pay costs and a $1 penalty per tag. Mobile Water Works. January 17, 1971.
A scanned timetable lists departures and arrivals for Mobile Alabama and nearby lines including the Louisville and Nashville and New Orleans Mobile and Chicago routes. The page shows daily and Sunday schedules with times such as 6.30 pm and 4.10 pm arrivals, multiple connections like St. Louis Chicago Limited, and a note remarks that some lines run daily except Sunday.
January 21 reported a strong early tone with broad participation and gains in Reading Lehigh Valley Northern Pacific Louisville and Nashville and Western Union among others. The Pacific group led advances as speculative buying widened and high level bids appeared with steel and equipment stocks notably buoyant.
Turpentine firm quotes at 46 to 46 1 4 cents with no sales and 66 casks received. Rosin firm shows no sales and 1,487 barrels received. Prices per grade range from 4.02 1 2 to 6.85 for various grades and grades WG 6.50 and Ww 6.85 noted.
R F Erwin of Peru Indiana reports a year ago he suffered indigestion biliousness and constipation. He took Chamberlains Tablets recommended by others and they helped him right away. Sold by all druggists Van Antwerp Drug Store
Call money steady at 1 3 4 to 2 percent with ruling rate 2 percent. Time loans weak: sixty days 3, ninety days 3 1 2, six months 4 percent. Mercantile paper 4 1 4 to 4 1 2 percent. Sterling exchange firm at 4 832.60 for sixty days. Commercial bills 4 82 3 4. Bar silver 57 1 2. Mexican dollars 45. Government bonds irregular. railroad bonds strong.
In New York on Jan 21 cotton goods moved into napped goods with staple dress fabrics for fall to be priced at spring levels. Yarns showed firmer pricing and a rising trend noted by market observers.
The report lists cash grain prices in Chicago with No 2 red wheat at 96 1 2 cents and corn around 64 1 2 cents, St Louis shows No 2 red wheat about 95 96 1 4 cents and corn 64 1 2 cents, New York notes No 7 coffee at 9 1 2 cents and futures at 9 19 and May 9 52.
Entered into rest Tuesday evening January 20 1914 at 8 44 p m Peter B Wahl age 3 1/2 years. Funeral will be from residence 271 South avenue tomorrow Thursday January 22 at 2 o'clock and from St Marys church at 2 20 o'clock. Interment Magnolia cemetery.
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