Cotton Market Holds Firm in Mobile Trade
The Mobile market closed firm on Thursday with sales totaling 100 bales. No exports were recorded, contrasting with the prior day and with last year’s day.
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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Jun 12, 1913
Page
11
The Mobile market closed firm on Thursday with sales totaling 100 bales. No exports were recorded, contrasting with the prior day and with last year’s day.
Default on sinking fund led to acceleration of the bonds secured by a deed of trust dated March 1, 1910. Trustee will sell at public outcry at Mobile County Court House at noon on June 18, 1913, the property described as Lot B and a second described parcel in the Bernoudy Tract with all appurtenances and rights, including franchises and wharves, to satisfy principal and interest. The notice lists chain of title details and property boundaries in Mobile County Alabama.
New Orleans cotton futures start steady after a small drop as weather in the belt improves and demand grows. First prices drop to lows but rise through morning, with Liverpool spot demand remaining strong and March to December contracts finishing higher.
The New York cotton market opened steady with a slight decline as lower overseas cables pressed prices. Traders covered shorts and tampered with light demand, with July in Southern selling and new crop showing gains before spot demand supported a firmish tone.
Liverpool reports spot cotton easier with good business done as 12 000 bales sold including 11 400 American and 1 000 for speculation and export. Futures closed steady with advances and declines across the curve amid receipts of 4 000 bales. An advertisement for Dr King’s New Life Pills targets the aged as a safe laxative.
Legal notice from the U S Land Office in Montgomery Alabama dated June 4 1912 concerns Floyd and Vaughn of Axis Alabama who filed January 23 1912 to purchase timber land in St Stephens Alabama Meridian under the Timber and Stone Law The timber is valued at 540 and 15000 board feet at 2 00 per M The notice sets August 2 1912 for final proof before J Anstil U S Commissioner Mobile Alabama and invites protests or contests before patent issues Nathaniel Alexander Register dates 6 12 19 26 7 10 17 24 31 8 7
A vigorous bear protest gave way to a strong rise as Steel led with 5,000 shares trading at 50 to 50 1 2. Northern Pacific Great Northern Reading Union Pacific and other leaders gained 1 to 3 points. Canadian Pacific jumped, while New Haven fell to a new low. bonds were irregular as unions and utilities rallied on news of emergency currency and proposed stock rearrangements.
Savannnah reports Turpentine firm at 36 1 2 8 4c with receipts 1 366 casks and Rosin firm with receipts 2 606 barrels. Prices quoted include B at 3.90, DD 4.25, 4.60 for F G H and 1 4.60, K 4.80, M 5.40, N 6.10, WG 6.40, WW 6.45.
Zadek Jr. was adjudicated bankrupt in U S district court on a voluntary bankruptcy petition. He lists liabilities of 4265 dollars and no assets. The case refers to Referee R T Ervin.
H. M. Miller business manager of the Pensacola News and Mrs. Miller are in Mobile for a short business visit and are registered at the Cawthon hotel. Since taking charge, Miller has improved the paper’s standing and profitability in Florida.
The Grait Bingville Fair at Toulminville supports the Toulminville school improvement fund with a Thursday night event. A grand parade will feature participants including Mrs Woodruff Bud Hinckley Cy Hoskins and Jed Peters as part of the community celebration and fundraiser.
Moderate temperatures regionally with the Tombigbee river and branches set to fall over the next two days. Alabama river projected to continue to fall. Weather remains fair and cool in eastern sectors with a high barometer and low temperatures. Central North Dakota and Rockies see a low pressure, scattered precipitation, and southerly winds driving warmer readings in Minnesota and the Dakotas.
St Louis cash grain prices list No 2 red wheat at 1.04 1 2 to 1.05 1 2 No 2 hard wheat 0.90 to 0.94 1 2 No 2 corn 0.59 1 2 No 2 white corn 0.61 1 2 Oats No 2 0.38 No 2 white oats 0.40 1 2 4
The tablet remedy for stomach and liver troubles gains wide recognition. Marketed as a grand remedy, it is for sale by all dealers through a broad distribution channel.
Died Wednesday evening June 11 1918 at 8 30 oclock Nannie Adele Morriss funeral services from the residence of A L Staples 1658 Government street tomorrow morning at 10 oclock Interment Magnolia Cemetery.
Rental list shows a modern bungalow on a car line asking 25 dollars. Furniture valued at 400 dollars selling for 175 dollars. Ten room residence with modern conveniences and large grounds at 30 dollars monthly. An eight room two story with conveniences on car line at 25 dollars monthly. A four room furnished flat in good location at 25 dollars monthly.
The listing advertises multiple Portland area residences and storefronts with prices from 300 to 5 260 dollars. Properties include two story houses on Cedar and Broad Streets, cottages on Hannan Lexington and Hyland Avenues, and a downtown Royal Street business site. Also noted are a Chatham Street six room cottage and a broad range of bargains in convenient districts.
Receipts about 7 000 hogs 3 000 cattle and 4 500 sheep. Hogs steady to higher with bulk 8 60 to 8 75 and heavy 8 60 to 8 70. Cattle steady with beef steers 7 50 to 8 25 and cows 4 75 to 7 85. Sheep higher with lambs 6 25 to 8 10 and yearlings 5 00 to 6 50.
Vitagraph and Pathe Weekly No 23 presents A Romance of the Ozarks drama by Lubin. The feature is scheduled for Thursday June 12 with OYAL listed as venue or screen listing.
An advertisement asserts Geraldy Siniment penetrates deeply to relieve pain and claims effectiveness across many areas. The copy promotes comfort and broad use with bold language and no additional medical details.
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