Market summary shows modest cotton trading amid easing lines
In New York big buyers Hayne, McFadden and Hicks drive activity while prospects of Balkan peace lift sentiment. Government reports peg 13,091,264 bales, with season crop at about 14.9 million and consumption near 14.5 million. Prices drift lower as selling by large interests cools the market. census data to March finalizes figures. Cotton receipts total 50 bales across listed railroads.
MENTIONED IN THIS ARTICLE
Hayne, McFadden
Hicks
New York
Manchester
Texas
Georgia
Alabama
Mobile Quotations and Freight Rates Snapshot
Mobile Exchange Sterling at $4. a 4.83 percent. New York Light and New Orleans Light listed as commercial dis. Ocean steamer rates: Liverpool 50 cents Havre 56 cents Bremen 62 cents Manchester 50 cents.
MENTIONED IN THIS ARTICLE
Mobile Exchange
Comercial
New York
Commerciahe
New Orleans
Mobile
Ocean
Liverpool
Havre
Bremen
Manchester
New Orleans Cotton Opens Steady on Cables and Ginning Data
New Orleans January 23 Cotton futures opened steady with prices unchanged to one point higher. Cables were as expected and the weekly ginning report before January 16 showed the total ginnings.
MENTIONED IN THIS ARTICLE
New Orleans
Davison discusses voting trusts and stock control in banks
Davison testifies that organizers bought 12 000 of 20 000 shares of Guaranty Trust to gain control and planned merging it into Bankers Trust. He says voting trusts prevented active New York buyers and that dissolution is advisable as they did not govern real management. He notes George F Baker had no role in negotiations.
MENTIONED IN THIS ARTICLE
Guaranty Trust Company
George F. Baker
Baker
Mutual
Guaranty Trust
E. H. Harriman
Mutual Life Insurance Company
Davison
Bankers’ Trust Company
Voting Trust
New York
Guaranty Company
Bankers’ Trust
Guaranty
Pujo
Cotton Market Changes Through Morning Sessions
The market fluctuated around the 184 000 bale level with support from the prior day’s sources. Early gains gave way to declines as shorts added to lines, then a midday recovered tone. old crop months dipped 16 to 18 points, and October 27 points from yesterday’s highs as Liverpool cables noted Russian spinners' interest, leaving noon quotes about 13 points under yesterday on old crops and 6 points under on October.
MENTIONED IN THIS ARTICLE
Liverpool
Cotton futures open steady despite early declines in New York
New York cotton futures opened steady with a 1 point drop in January and March, but generally 3 to 4 points higher as old crop positions rose 10 to 12 points on renewed buying. Liverpool firmness supported gains, though selling increased later as offers grew in New Orleans. Census report noted.
MENTIONED IN THIS ARTICLE
New York
Liverpool
New Orleans
Writing Marine Storm Bonds Insurance at St Francis St
At 65 St Francis Street Mobile Alabama an insurance office advertises marine storm bonds. The notice outlines coverage options and contact details for policy buyers seeking storm and voyage risk protection. Local agents offer tailored plans for ships crews and cargo.
Resolution Published As Requested By Chamber Board
The Mobile Chamber of Commerce and Business League board adopts a resolution demanding The Mobile Daily Item apologize or name officers who blocked the belt line report. It endorses President William H. Armbrecht’s reply to criticism and asks publication of the resolution in the January 23 issue.
MENTIONED IN THIS ARTICLE
Item
Chamber of Commerce and Business League
Mobile Daily Item
Mobile Chamber of Commerce and Business League
Belt Line
Board of Directors
Willian H. Armbrecht
Mobile Item
Roswell Nance vs Walker Modified Injunction Court Action
In the Law and Equity Court Equity Side Berney presiding the matter Roswell S. Nance vs Robert G Walker was submitted on motion of the complaint to modify the injunction. The defendant waived notice and the motion was granted resulting in a modified injunction.
MENTIONED IN THIS ARTICLE
Law and Equity Court
Equity
Berney
Roswell S. Nance
Robert G. Walker
Chancery Court Actions and Market Summary
Chancery Court proceedings list several cases with testimony orders and decrees pro confesso. A motion to extend time for partition reports was granted extending fifteen days from January 15. The market opened weak with 13,091,000 bales ginned to January 16, while Wall Street selling kept prices 8 to 12 points above the active old crop months at noon.
MENTIONED IN THIS ARTICLE
Chancery Court
Smith
Ed Smith
Della Smith
Mary Styron Williams
William Williams
G.C. Outlaw
Fannie E. Lewis
Norvelle R. Leigh
William A. Blount
Henri de Riviere
Wall Street
For Rent Two Neat Furnished Flats Near Post Office
Two elegantly furnished light housekeeping flats available five minutes from the post office. Each includes hot and cold baths and every convenience. Apply Cozy Corner Creamery at Conti and St Emanuel. 128 Tt.
MENTIONED IN THIS ARTICLE
Conti
St. Emanuel
Real estate listings with multiple cottages for sale
The ad markets several properties in 1913 prices: a $3750 cottage in western suburbs a half block south of Dauphin Way, a $3000 cottage on Broad Street with 5 rooms and bath in a paved district and electric lighting, plus a $650 pair of small cottages renting for $7.50 monthly. The lot value is emphasized for the $3000 property.
MENTIONED IN THIS ARTICLE
Dauphin Way
Broad Street
Corey testifies on steel rails and open hearth competition
William E. Corey former president of United States Steel resumes testimony in the government suit to dissolve the company. He discusses domestic vs export rail prices, the open hearth rail development at Tennessee Coal and Iron, and orders from Harriman lines to Bethlehem Steel.
MENTIONED IN THIS ARTICLE
New York
William E. Corey
United States Steelorporation
James A. Farrell
Corey
International Steel Rail Pool
Jacob M. Dickinson
Steel Corporation
Tennessee Coal and Iron Company
Harriman Lines
T. C. and
T. C
Dickinson
Pilot Boat Swastika Blown Off Station A In Northeast Gale
Cablegram from Bermuda reports the pilot boat Swastika blown from Station A during a northeast gale on January 14. No navigator aboard, short on provisions, likely heading to the U S coast. Hydrographic Office requests radio sighting reports. Also notes sonar-like debris and several charts available for sale by chart agents.
MENTIONED IN THIS ARTICLE
Berruda
United States
Hydrographic Office
el Dia
Antilla
H. O. Nas
Stand Up For Your Rights Against Substitutes
A Victorian era advertisement urges customers to stand firm against merchant substitutions in health products. It warns that substitutes of Scott's Emulsion may contain alcohol opiates and rancid oil, harming health and profits. The piece champions consumer independence and discernment.
Bigbee Steamer Blees Ready for Maiden Trip Up the River
The Tombigbee river steamer Blees, replacing the James T Staples line, will depart Pickensville on its maiden trip Thursday night under H L Wilson & Co. The vessel aims for a regular schedule soon, with Captain Matt Jackson and Howard Baer aboard. Captain Jesse Bethea to serve as clerk after recovering from Staples incident injuries.
MENTIONED IN THIS ARTICLE
Tombigbee
James T. Staples
Pickensville
H. L. Wilson & Co
Blees
Mary S. Blees
Matt Jackson
Howard Baer
Mooney denies buying originals of Standard Oil letters
Mooney says he photographed copies and was assured by counsel it would be proper to buy originals, though he did not want them or want them in the paper’s possession. He denies ever seeing letter books, negotiating with Chamberlain, or buying originals, calls claims of 34 000 for copies absurd and 4500 as excessive. The committee took an indefinite recess.
MENTIONED IN THIS ARTICLE
Mooney
Mr. Mooney
Standard Oil
Mr. Chamberlain
Shippers' Forecast Warns Of Cold Front Shipping Route
Forecast cautions shippers to protect cargo against 32 degree cold for 36 hours on routes north and west at 36 degrees and east at 38 degrees.
People Feel Gratitude Inspires Larger Thanks Cards
What readers say about gratitude and generosity. The note suggests people have much to be thankful for and could print more cards of thanks.
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Mobile and Chicago Railroad
Louisville and Nashville Railroad
Davis, Wilson & Gaillard
Mobile and Ohio Railroad
U. S
Great
Britain
Porteet
Galveston
Savannah
Charleston
Kellastone
Bellastone CO
McCormick Bldg
Chicago
N. A. Richards
Van
U. S. Kellz
Atwerp Bldg
Anager
Des Moines, Lows
Bell
The
Bank of Mobile
National Banking Association
Benjamin Franklin
Union Savings Bank
Ferguson
Norville Bros
Marine Storm Bonds
St. Francis St
Mobile, Ala
W. P. Roberts & CO
Masonic Temple
Owen Ae
Heart of City
Carine
Nor
Havana
Munson Docks
Nessian
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Munson
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Irma Bentley
Palmas
van Lear Black
Laura C
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Turner Hartwell Glenafton
G. J. Sawyer
S. Turner Hartwell
Mount Hope
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Cardenas
Flats Collins
W. Walton
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Staples
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U. S. Department of Culture
Weather U
Willis L. Moore