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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jul 05, 1915
Page
3
Prices slipped 2 to 8 points at the open amid steady tone and light trading. Spot cotton held at 9.18 middling with 1 585 bales sold. late morning months showed a net loss of 4 to 8 points before closing steadier with modest declines.
Cotton markets in New York and Liverpool showed quiet trade and a steady tone. Private cables echoed little movement with futures closing steady. middling spot reported at 9.76 cents, no sales, while several contracts posted minor gains and losses around 10.10 to 10.14 cents.
Liverpool reports steady cotton with good middling at 5.70 and 6.36. Low middling at 4.88. Sales and receipts listed at 19,000 bales. Futures quotes shown for June through May next year, highlighting modest variations across contracts.
A Kansas City Star comment notes relief that Congress is not in session and warns some members could disrupt proceedings with disruptive gestures if convened.
The New York Evening Sun notes Adam’s defense that men tempted women into drinking, replying to Mr Bennet’s charge that women are tippling. The commentary frames the exchange as a long road back to the Garden of Eden.
June 5 New York stock market begins with no sign of yesterday’s excitement. Many stocks show fractional declines in copper war plays and rail issues while United States Steel leads activity with 8 000 shares at 60 to 59 3-4. Prices listed for major names include Canadian Pacific 153, General Motors 152, New York Central 87 3-4, Pennsylvania 107, Southern Pacific 89 1-8, Union Pacific 127 1-¢, and United Airlines at 91 2.
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