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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jul 26, 1916
Page
7
Cotton prices ease in early New Orleans business amid light rain in the eastern belt and showers in Texas. Prices recover some, with nearby months only a few points below yesterday's close as weekly weather reports offer cautious optimism. Spot sales total 230 bales with middling at 13.13, receipts 1,770, stock 138,514.
New York July 26. The cotton market opened tame with prices four points down to one point up as bull support waned after rain in central Texas. New Orleans remained a free seller while Liverpool bought near positions and sold late months. October rose to 13.23 and January eased from 13.38 to 13.35 on active covering amid weather forecasts of more showers east and fair Western conditions.
Savannah July 26 naval stores report shows turpentine firm with 42 sales and 476 receipts rosin firm with 0 sales and 1 243 receipts. Prices listed for grades B through WW range from 6.00 to 7.00 with several intermediate rates.
Hog receipts 26 000 steady prices range from 7 50 to 10 12 for pigs and heavy hogs. Cattle receipts 10 000 with native beef cattle 7 00 to 10 60 and calves 8 50 to 12 00. Sheep receipts 10 000 strong with ewes and lambs 6 75 to 10 60.
Wheat and corn prices quoted for various grades with old and new class distinctions. Oats and rye figures listed, along with hay, pork, lard and ribs values.
United States Steel dominates the opening on Wall Street as a surprise extra one percent dividend attracts short interest. Early trades show 16 000 shares at 86 7 8 to 34 and 100 shares at 87, with potential gains up to a point. Other class shares rise, led by munitions motors and equipment, with similar advances in Industrial Alcohol.
President Wilson replied to Mrs. Heney Smith of Winamac Indiana that national guard units on the Mexican border serve to protect the country not for drill. He praised the honor and necessity of the service and noted the border camps are kept sanitary with an exceptionally good health record for both regulars and guardsmen. The letter aims to reassure families amid concerns over care and conditions.
Marriage licenses were issued Wednesday to Rhett G. Kearns and Susan E. Crab tree. Wesley Johnson and Alice Fisher also received licenses. Hammel's Red Tar Sale advertises on the second floor, ladies' apparel.
News from Puerto Mexico reports a repair crew of local firms contracted to fix the steamer San Cristobal at a cost of 75000 dollars. The owners push to have the vessel afloat before the yearly storm season, with the lighted range to shore.
The temporary barge Stranger in tow of the tug Echo reached Fort Morgan Tuesday afternoon and was ordered to Pensacola to load another lumber cargo for Havana. The Stranger was to come to this port this trip and have her masts and spars installed after a recent storm caused its spars to float away from Ollinger and Bruce dry docks. The Whitney Bodden Company of this city owns the barkentine Stranger.
The American tank steamship Francis Hanify arrived Tuesday night from Cienfuegos with 500000 gallons of blackstrap molasses for the Cuban Molasses Company. She will depart later this week on the return trip. The steamship Nelson also arrived last week with a blackstrap cargo.
Officers say repairs to the steamer Apollo are almost finished and the vessel will be ready to operate in the Eastern Shore trade this week.
The British steamship Asian of the Leyland line will depart Friday afternoon from the Municipal Docks after loading. She shifted to the Turner Terminals Wednesday morning to complete her general merchandise cargo for the United Kingdom.
The steamship Median of the Ley from Liverpool is due to arrive at Mobile Harbor shortly, adding to the arrivals of the Mobile liners.
A force of men works to salvage the tug Claude which lies sunk near the Gulf Dry Docks, with crews and equipment deployed to raise and refloat the vessel.
The American schooner Rena A Murphy arrived at the harbor on Tuesday with 865 bales of sisal for James Gibboney Co. She will start discharging on Thursday.
The United Fruit Company expects the Norwegian steamship Corinto to depart tomorrow from the tropics with a cargo of bananas.
The Norwegian Fort Gaines of the Orr Laubenheimer Company sails from Belize as officials monitor the voyage. They expect every detail to be on schedule with a Tuesday arrival possible.
July notices from the North Atlantic report vessel collisions near Sea Girt and missing crew, capsized masts near Cape Charles, logs and planks sighted east of Hatteras, buoy signals across various coordinates, and numerous bergs and growlers around Belle Isle to Cape May with slush ice observed. Local mariner notices include Mississippi Sound lights and Pascagoula river details.
A fragmented shipping desk list records vessels and cargos at Tropical Fruit Wharf and Turner Terminals including the bark Desimanto in Honduras and the steamer Esberne Snare bound for cargo. Many ships from Russia and Denmark, Genoa and Naples ports, plus Munson Line and Hunter-Benn operations, are noted with loading destinations and coming repairs.
In the courts a chancellor sets July dates for multiple cases including Jones v Hays and Sallie Tonsmeire v Huntington with various motions and orders. The circuit court plans hearings Friday morning and Saturday motions along with a sale advertisement for Hammel's Red Tag Sale on ladies apparel on the second floor.
Public notice of mortgage sale by Caroline R W Gordy and husband to Marshall F P Levy. Default on interest note due July 1 1916. Real property described in Mobile City at Dauphin and Lawrence streets, to be sold August 7 1916 at 12 m devant Mobile County Courthouse.
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