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The Mobile Item in Mobile, Alabama

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Articles on This Page

This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

The Mobile Item

Location

Mobile, Alabama, United States of America

Date

Jan 23, 1913

Page

10

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Also Mentioned on This Page

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 Lavetpools Esccsceenes Cuba Munson Hippolyte Dumois Port Simon Pier Belize Boca Irma Bentley Palmas van Lear Black Laura C New Brunswick Hieronymus Docks Henry J. Smith Turner Hartwell Glenafton G. J. Sawyer S. Turner Hartwell Mount Hope Porto Rico Hieronymus Docks Sees eVicheseses San Pedro Lady of Avon Seeane Sags F. C. Sbexhart Turner-Hartwell Cardenas Flats Collins W. Walton Thena Aetna “Eee Joseph C. Cooper Tampa SOO Montevideo Eccese Dresden Rio Terres Core Ae Barbados Mafalda STEEL England France Germany Osoble Asheville Atlanta Augusta Birmingham Boise Boston Kansas NY Little Rock Louisville Memphis Meridian Terete Wrens Anses Montgomery Aene O St. Louis St. Paul San Francisco Bigbee Steamer Staples River U. S. Department of Culture Weather U Willis L. Moore
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