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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jan 24, 1913
Page
2
The report notes a weak trend in continental markets with lower scores and unsettled sentiment in New York and New Orleans. Traders expect only small, gradual declines and a short rally may be possible as prices retreat slowly to a more reasonable level.
Mobile and Ohio and Southern Railway handle a total of 154 bales with consignments from Vill-Phillips and Export. Louisville and Nashville records show 64 bales from Ben Toomer Baker Bevill Phillips Blacksher Davis Wilson Gaillard Touart Quinn transit and export compressed.
New Orleans and New York markets opened lower as Liverpool trends and Turkish unrest weighed on prices. Liquidation and heavy offerings dominated early trade with some support from longs and short covering later as declines narrowed and traders eyed peace talks in London.
Three schooners laden with lumber and the American schooner Van Lear Black bound for Porto Rico were set to depart Friday with about 400,000 feet of lumber each. The Nessign carries 3,000 bales of cotton and 112,627 superficial feet of lumber. Additional vessels include the Malinche with iron pyrites and the Sleidrecht with kainit. Bananas and fruit cargo ships also prepare to sail or dock at Mobile facilities.
After the first half hour of business the trading months stood 9 to 16 points below yesterday's close. Cotton futures closed very steady with a net advance of 19 to 26 points.
Liverpool cotton market reports quieter spot trading with prices easing. American middling grades range from good middling 6.89 to ordinary 5.77, while sales reach 7,000 bales with most from American origins. Receipts total 55,000 bales with 45-200 American. futures open easy and end steady across nearby spreads.
An energizing effervescent health drink promises to clear the head enliven the liver and remove uric acid while easing biliousness constipation and auto toxemia. The manufacturer Jacobs' Pharmacy Co. Atlanta Ga guarantees it and it is offered by Van Antwerp Drug Corp and other druggists for 26 cents or 33 cents by parcel post.
Fresh water fish supplies reappear in the market while apples labeled Roman Beauties appear on the produce counter. Ship Ment delivered as a single car load and barrels fetch 4 50. Apple prices rise by one dollar per barrel amid light trading until month start. Cuban pineapples demand fair at 2 75 to 3 00 per crate. Grain receipts rise as stock prep requires extra feeding amid bad weather. oranges are repacked.
The Mobile Chamber of Commerce and Business League opposes the Nelson bill shifting fault to shipowners. They argue it would harm American vessels and create foreign coastwise bias. A night letter to Senator Knute Nelson, chair of the Commerce Committee, cites the 1893 Harter Act restricting exemptions in bills of lading.
W H Chapman of Winnemego Ned explains saving a doctor’s bill by using Foley's Honey and Tar Compound for his children’s cough. He warns that a bad cold can lead to bronchitis or pneumonia and urges prompt use of the product with no opiates. Van Antwerp Drug Corporation advertises the remedy.
The text compares shipowners duties and defenses under the Harter Act. It explains shipowners supervise and staff ships and may contract out control. It notes the act relieves liability for faults in navigation or management while demanding strict seaworthiness and cargo care. It also states the act aligns U S law with other nations and imposes no extra burden on shippers.
Commissioners appointed by Mobile chancery court will meet February 15 1913 at 10 a m in the register in chancery office to divide described property by metes and bounds for one third to be set apart for Clara DeRiviere Darling after Emilie A DeRiviere's death. The Mobile Alabama property lies on Lafayette Street near Spring Lane with southward and westward boundary lines described.
Nazim Pasha former war minister and Ottoman commander was shot dead in Constantinople during a demonstration that preceded a cabinet resignation. Enver Bey and Talat Bey allegedly ordered no bloodshed, but Nazim Pasha was killed by his aide de camp.
The text discusses insurance and liability rules for ships engaged in foreign trade versus coastwise trade. It argues the Nelson bill would strip exemption for navigation faults, affect American and foreign shipowners, provoke retaliation, and likely raise freights.
Samuel Gompers president of the American Federation of Labor asked the judiciary committee to postpone workmen compensation legislation as of January 24 in Washington. He argued delay would allow more time for study and debate on reforms and protections for workers.
R H Turner 38, a wireless telegraph operator, was arrested Thursday on a complaint by Mrs Alexander Benson of 359 South Cedar street alleging improper conduct and possible criminal assault from an incident Wednesday night. Turner, partly under liquor, admits grabbing Mrs Benson's arm. she shows bruises from the struggle.
Gustav Carl Luders a renowned composer of comic opera and musical comedy in America died today in New York at age 49 from apoplexy while visiting friends. His hits included The Burgomaster the Prince of Pilsen and The Pair Co-Ed.
The schooner J Edward Drake of Fernandina Florida bound for Philadelphia is in distress off Hog Island Virginia after a collision with an unknown steamer. The revenue cutter Onondaga is rushing to assist.
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