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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jan 23, 1914
Page
11
Census bureau reports 18,689,171 bales ginned before Jan 16 making the 1913 14 crop the second largest. Linters bring total ginned to 13,986,105 running bales. final totals expected above 14 million. Preliminary figures due March 20 with ginnings to Feb 28. County by county state gin totals listed.
In Chancery at Mobile Alabama Thomas W. Sims Complainant vs The Creditors of the Sims Stone Cye Inc et al Defendants No 10 798 Notice is given that at the Spring Term 1914 of the Court of Chancery Thirteenth District Southwestern Chancery Division Alabama and on January 1914 the following order was entered The creditors of the Sims Stone Company Inc and related entities are unknown to complainant and reside likely out of Alabama The property in Mobile County is described and held by Sims Stone Company Inc The defendants are required to plead answer or demur by February 10 1914 or the bill will be confessed The notice is to be published weekly for four weeks in The Mobile Item
In the legislative day the senate resumed the Alaska railroad bill with hopes to pass before adjournment. Supporters claim a strong Democratic majority while debates reveal unexpected party backing. The administration reportedly wants the measure enacted as a party move.
A record lists Train No 116 Frank M Ladd with 16 bales, including six on Cotton Receipts Mobile and Montgomery Railroad and 133 bales export on Mobile and Ohio Railroad comp. Names Touart Quinn Davis Gaillard Baker Lyons Bevill Phillips appear among consignors and receivers.
New York cotton prices moved unevenly after a government census showed 13 589 751 bales ginned to January 16. The market opened lower then rallied on bullish spot advisories from the South and short-covering, with May around 12 60. Spot middling 12.90 and middling gulf 13.15.
Cotton market in Liverpool shows steady futures and unchanged spot prices. Sales reached 7,000 bales with 6,500 from the United States and 500 for speculation and export. receipts 53,000, including 43,606 American. Futures closed steady with varied nearby spreads.
Turpentine firm listed at 47 cents with 174 casks received and no sales. Rosin firm shows no sales with 2 062 barrels received. Quotations for grades B through G at 4.10, H at 4.15, I at 4.20, K at 4.50, M at 5.35, N at 6.25, W at 6.55, WW at 6.90.
Dry Goods Market in New York on January 23 shows steady cotton goods with active trading in napped goods. Staple dress goods opened on the same spring price basis while yarns rose in price.
Chicago January 23 Associated Press reports owners and managers of the American Association will meet to select a committee to organize the league's 1914 baseball playing plans. The meeting focuses on measures to counter the Federal League invasion.
Jan 23 stock market opened with uneven moves as profit taking trimmed highs while Reading advanced and Southern Pacific hit a new high. Steel and Reading led gains with public interest and anti trust bill talk weighing on bears amid a varied buying mood. Bonds were strong though afternoon trading waned and prices slipped from morning highs.
Chicago and St. Louis cash grain prices listed for wheat corn oats and hay with ranges for No 2 red and hard wheat No 2 Northern and spring oats and hay prices. Pork lard ribs quoted with exact figures.
Call money easier at 1 3 4 2 percent with ruling rate 1 3 4 2. Time loans weak with sixty days at 2 3 4 3 percent and ninety days at 3 1 4 3 1 2 percent. Sterling exchange easy. sixty days at 4 88.60 and demand around 4 86.25. Government bonds steady and railroad bonds strong.
Brussels reports the National Bank of Belgium cut its discount rate from 5 to 4 1/2 percent today.
Washington dispatch notes Secretary Bryan anticipated most of Baron Makino’s speech on California land bills but not his remarks on Japan's relations with other powers and Mexico. Officials say the U S was not consulted on those points and assign no significance to them. The U S asserts it was informed of Japan’s planned actions to protect its nationals.
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