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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jul 20, 1916
Page
7
Market reports indicate declines in New Orleans cotton on opening due to weak cables, with mid-day gains as fresh buying and Eastern belt demand support prices. Futures close steady. spot at middling 13.00. Liverpool quotes weak on spots but futures steady amid varied sector moves.
Wall street selling led cotton prices down at the open as doubts grow that crop damage news is accurate. Initial declines eased as spot houses bought, lifting October to 12.93, December to 13.08, and January to 13.14, while a tropical storm lingered offshore and showers persisted in the east.
Chicago July 20 grain prices show No 2 red wheat at 1.20 and multiple white and yellow corn and oats listings. Livehog receipts 15 000 with prices 9.50 to 10.20, cattle 3 000 weak with calves up to 11.75, sheep receipts 12 000 with lambs around 7.00 to 8.40.
Wall Street reports a six point drop in Mercantile Marine preferred shares amid cable news that Britain plans a 77 percent excess profits tax on shipping companies. Atlantic Gulf and West Indies declines notes it falls outside the ban.
Naval Stores market notes from Savannah July 20 show turpentine firm with 42 421-2 receipts 738 casks and rosin receipts 3.1 4. Quoted grade ranges include B through M with varying prices from 6.25 to 7.00 per barrel.
Memphis will host the second annual Banker-Farmers Conference August 8 and 9 with participation from banks across Tennessee Mississippi Arkansas and Western Alabama. About fifteen hundred banks invited to share farm development experiences and plans to increase farming profitability through bank led initiatives and cross agency cooperation.
Stockholm reports Sweden filed an official protest with Berlin over the capture of the British steamship Adams 2223 tons from Newcastle by a German destroyer off the Swedish coast. The incident occurred as the Adams lay at anchor near Rhus when ordered to depart. the destroyer opened fire and compelled the vessel to move. Sweden cites repeated neutrality infringements by German and Russian forces and seeks to protect its ships from seizure.
Wilcox county officials plan temporary relief as floodwaters recede and communication returns. Ninety six families are listed as destitute, six of them white, with extensive damage to farms in the bottoms as relief efforts begin.
In New Orleans authorities arrested 28 people in raids on two alleged drug dens. Among those arraigned were physicians W H Hincks and R H Chilton charged with illegal drug traffic under the Harrison Act, held on $5,000 bonds. The other 23 were released after statements and witness bookings. Federal officials say this marks the start of an anti drug crusade.
P P Garner will succeed H H Blakeslee as Mississippi commissioner of agriculture. The 43 year old, a bachelor with BS from Columbia and MS from Mississippi A and M, currently district agent for South Mississippi in Jackson. Garner said the appointment becomes effective September 14 after Blakeslee resigns to head the Mississippi Centennial Exhibition.
United States Attorney H. Snowden Marshall was held by Robert D. Gordon at the house of representatives to prevent removal to Washington for contempt of the house. Judge Hand used the writ, but Marshall was not in Gordon’s custody or in the city at the time.
Washington dispatch reports the Interstate Commerce Commission ordered an investigation into freight rates tied to shipment size. Railroads were sent notices to show cause by October 1 why the practice should not be discontinued. A separate ruling affirmed routing grain from Oklahoma to Galveston and New Orleans via the St. Louis and San Francisco line.
El Paso July 20 General Gonzales commandant at Juarez said he had received no official report of a gunfight yesterday between Massachusetts National Guard outposts and Mexicans on the Rio Grande below El Paso. Mexican customs riders said they knew nothing about the affair. Authorities believed the Mexicans were tied to a band operating in the region.
The American steamship Munwood cleared the United States coast for Buenos Aires this morning with a general cargo onboard. The British liner Asian from Liverpool to Mobile is due Friday to load at Pier 2 for Mobile Liners, Inc.
The American schooner Fannie Prescott, Edwards master, reached the lower bay from Car Denas and other Cuban ports this morning. She is loading lumber for a return trip after sailing from Mobile on June 12.
Two American steamships the Dorothy and Henry T Scott will arrive soon to load lumber for Cuba under charter to the Bahamas Timber Company. The firm plans three trips from Mobile and has chartered other steamers to haul 1 000 000 superficial feet of pitch pine to Cuban ports. The tug Admiral Dewey is expected in port to assist in towing two new barges for the Mobile to Cuban trade.
The Norwegian steamship Fort Gaines operated by Orr Laubenheimer unloaded a large cargo of bananas and coconuts on Wednesday and part of Thursday morning then started loading a general cargo for her return trip to Belize this morning.
Notice from B B Dorry inspector of the Eighth Lighthouse District reports the Ship Island channel range rear light at Ship Island entrance partially damaged by the July 5 hurricane and temporarily relighted. East bank buoy 2A at Horn Island Pass in the Mississippi Sound is out of position by 18 and will be replaced soon.
The record lists vessels including Bluefields, Norstjerne, Frieda, Grace Harwar, Joseph P. Cooper, Elizabeth T. Doyle, Turner Terminals, City of Baltimore, Agnella, Seemel, and others. Ports range from Cuba and Costa Rica to Genoa, Le Havre, Rouen, and Port Arthur with tasks such as loading, repairs, and cargo handling at Olinger and Bruce Dry Docks and Turner Terminals.
A fragmented listing shows multiple vessels including Oranian from Liverpool due July 12 for the British Isles, San Cristobal tank ship to Puerto Mexico to be rebuilt, Perce l leen to Havana and Bahamas Timber Co, Springfield schooner on Italy’s west coast to J M Scott & Brothers, and other ships like Georgia Gilkey to Cuban lumber cargo, Three Marys and Tarpon steamship notices, with Ha vana and Munson Line routes and owners noted.
Des Moines scene notes the Republican state convention convening Wednesday with discussions centered on prohibition. Delegates weigh platform stances and potential resolutions amid party unity concerns.
Fifty three cigar cigarette and tobacco dealers pleaded guilty to failing to keep salesbooks or attach revenue stamps. Federal Judge Howe sentenced them to one day in prison with fines ranging from ten to use. Settlement money of 1,905,000 plus individual fines was paid under an arrangement with the Independent Tobacconists' Association.
Captain Thomas Snowden of the U S Navy reports various obstructions along north Atlantic routes. Notable items include a capsized boat sighting off lat 40 27 north long 72 19 west on July 6 and the derelict Danish bark Claudia passed July 10 with decks awash.
A seven foot shark weighing about 200 pounds was killed yesterday at the entrance of Matawan Creek. The incident follows a tragedy a week earlier when a boy was killed and a rescuer who tried to save him died shortly after.
A fragmented ad note lists repairs of all kinds including carpentry and brickwork. The readable portion mentions Alabama and generic repair services with unclear names or contact details.
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