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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Mar 06, 1913
Page
10
The piece notes continued selling pressure by wall street operators causing a decline. It mentions that a red flag is needed to flush a bear and that absence of J S Robbins from the exchange due to grippe illness has been observed with wishes for his early recovery.
A list of cotton receipts shows multiple railroads and steamers handling compressed and export cotton. Totals include 302 bales for New Orleans Mobile and Chicago Railroad export, 28 bales for Farmers' Commission and related names, 62 bales Louisville and Nashville Transit, 100 bales Mobile and Ohio Export, 1 bale Bevill Phillips Co, 14 bales Davis Wilson Gallard, 3 bales Bevill Phillips Co, 3 bales F M Ladd, 2 bales Farmers' Commission, and 1 bale Lott Blacksh er Co, totaling 36 bales.
New York March 6 raw sugar prices cited muscovado 89 test at 3.04 cents per pound centrifugal 96 test at 3.54 refined sugars steady with 89 test at 2.79 cents per pound.
Market report notes slight improvement in some sectors with Friday on hand as strong receipts from fish market visitors arrive. Orange supply tightness indicates heavy demand while local stocks run below par. Eggplants noted at 2.75 per crate and poultry displays hint at rising fowl quantities as spring sales of detergents and soaps gain in wholesale grocers.
In Savannah on March 6 Turpen tine firm trades at 40 1 2 cents with receipts 121 casks and shipments 164 casks, stock 17 497. Rosin firm shows no sales, receipts 606 barrels and shipments 4 715 barrels, stock 113 291 barrels. Quoted prices span from 0.25 to 7.70 for various grades WG WW.
A commodity table lists bacon as rib sides and bacon plates with percentages. meats show sides and shoulders. hams plain canvassed. New York Creamery cheese. coffee grades common fair prime choice. patent and tied rice and salt prices. sugar yellow clarified granulated. kerosene oil prices in barrels cans. pork per barrel.
Associated Press reports no movement of ex-rebel forces in Chihuahua and that rebel agents doubt Orozco or Salazar can aid in subduing Sonora.
Several Democratic National Committee members urge President Wilson to appoint Norman E. Mack of Buffalo former DNC chair as ambassador to Austria. Mack is a candidate and has the friendship of Secretary Bryan.
New Orleans March 6 cotton futures start steady with small daily shifts. Early trading shows balanced buy orders as favorable weather dampens bullish activity. By midmorning, May and July futures edge lower while later months hold near yesterday levels.
Cotton futures opened unchanged to up four points as stronger cables sparked early activity. Mid-morning trading showed nervousness with prices easing from highs after reports of large Southern spot offerings. By midday the market was quiet with the old crop slipping slightly and new crop holding steadier.
Liverpool spot cotton shows easier prices with American middling at 7.38 and good middling 7.04. Sales reach 10,000 bales including 1,000 for speculation and export, receipts 6,000 bales. Futures open quiet and close steady with each monthly spread listed from March to January.
A ledger of stock quotes lists Amalgamated Copper 7 1 4, American Sugar Refining 114, American Tel 133, Atchison 102 3 4, Brooklyn Rapid Transit 96, Canadian Pacific 22 9 16, Chesapeake and Ohio 75 1 2, Great Northern 127 3 8, Illinois Central 124 1 4, Interborough Met 177 8, Missouri Pacific 38 1 2, New York Central 106 1 2, Reading 158 5 8, Union Pacific 153 4 8, United States Steel 61 7 8, Western Union 68 bid, with bids and fractions noted for several lines.
A. L. Clothier of Mobile Welding and Machinery Company finished boring a hole through the bank’s massive steel vault using oxy acetylene gas. The installation of the new burglar alarm system is nearly complete, and the passage through the armor plates was described as effortless.
In Mobile courts, the equity side under Judge Berney heard Ashbel Hubbard versus Charles H Wragg on bill and decree pro confesso with a decree quieting title. Several criminal and civil matters set for Friday and March dates. judgments by default entered in multiple cases including New York Herald versus Item Publishing Co and Mobile Gulfport Lumber Co versus Gulf Manufacturing and Export Co. Additional entries list assesses, costs, and service details for various parties.
New York reports a bearish session with stocks slipping 1 to 2 points and larger losses in many specialties. Trading was mainly by professionals as bonds eased and new issues weakened. Sterling and continental exchange rose, narrowing the gold export point, while coal shares rose briefly before a renewed broad decline.
Cattle receipts 3 600 including 700 Southerns. Native steers 7 50 to 9 00, Southerns 6 75 to 8 25, cows and heifers 4 26 to 7 25. Hogs receipts 7 000, bulk 8 40 to 8 50, heavy 8 35 to 8 45, packers 8 45 to 8 55, lights 8 45 to 8 55, pigs 7 85 to 7 75. Sheep 6 000, muttons 5 to 6 50, Colorado lambs 8 to 8 75, range wethers and yearlings 5 75 to 7 60.
Chicago grain section reports futures mixed with wheat easing after bears reserves data. May wheat opened 91 1 4 to 91 8 8, then near 90 7 891. Corn May traded up to 53 and fell to 52 1 245 8. Oats steady near 34. Hog prices buoy provisions with May pork around 20.70 to 20.75 and by products listed.
William H. Moungey of 410 South Hamilton Street dies at 50 after a brief illness from paralysis. A former L. and N. blacksmith and later a store operator at Conception and Delaware, he leaves a wife, two children, and other relatives. He belonged to Mobile lodge and several fraternal groups. Funeral services are Friday at 8:30 a.m. at home and 9 a.m. at St Vincent's Catholic Church, with burial in Magnolia Cemetery.
News reached Mobile of the death in New Orleans of Clarence Lewis Ayres aged 41 a Mobile native who moved to New Orleans years ago. He left a wife a son a brother Norman Ayres of New Orleans two sisters Mrs Paul Robert and Mrs John Dobson of Mobile survive. The remains were brought to Mobile and interred at Magnolia Cemetery after a service.
Mrs. S. B. Meeker, a longtime resident of the single tax colony at Fairhope Alabama, died there Tuesday night. News reached Mobile on Wednesday and friends mourn the loss of a founder figure among the colony’s early settlers.
Mrs Ruth Van Note wife of O D Van Note cashier of Bank of Lucedale Miss died Thursday morning at 2 30 o clock after a short illness She was 33 native of Ohio and former Kibber Mo She leaves husband and relatives in Missouri Remains by Roche Burke Undertaking Co to Kibber Missouri for interment
Leonard Gaham aged 43 of Illinois died after a ten day illness at Mobile infirmary and will be interred in Pearl City Illinois. Mary Leavins 60 of Baldwin county died at Yupan Alabama after a brief illness, survived by sister Mrs Coster and brother W H Leavins. interment at Yupon.
The funeral for Otto C Lockett was held Wednesday at 4 30 PM from the Government Street Methodist church after a 4 PM service at his daughter Mrs H J O Dell s home 150 Pine street. Delegations from Mobile lodge Knights of Pythias attended. Rev E A Donnelly and Rev O C McGehee conducted the services and Magnolia Cemetery received the remains with floral tributes. Pallbearers were listed as Laz cewere and John oe ti.
A plan targets a 36 hour window to move cargo north while routing across 84 degree east and 40 degree west lines. The initiative outlines directional bearings and timing for rapid transcontinental shipments.
Five exportations of lumber totaling over five million superficial feet led Thursday’s port business. Five vessels loaded with pine and oak timbers sailed to France Brazil Argentina and Cuba including the Nunima carrying 1 910 577 feet of pitch pine and 196 435 feet of oak to Havre. Dresden and Hovding also departed with pitch pine for Rio de Janeiro and Thirny Argentina respectively. Daisy Read and Coral Leaf sent yellow pine to Cuban ports, while Fort Morgan and Ovidia arrived or prepared for repairs. American of the Gulf line awaits sailing with general cargo to Progreso and Vera Cruz.
Fair weather and zero temperatures span the Dakotas and upper Mississippi Valley with freezing south to Oklahoma. A high pressure crest over the Dakotas covers most of the nation from the Rockies to the Alleghenies. Precipitation from a low pressure center affects the north Atlantic states. Warms along the Atlantic coast with strong northerly winds in the Great Lakes region. Mobile sees fair weather tonight and Friday with cooler changes. ALBERT ASHENBERGER, Local Forecaster, Weather Bureau.
Three lumber schooners from Cuba were sighted in Tower Bay Thursday afternoon and expected to arrive before dark. The African schooner Joseph P Cooper from Havana the American Cottonfield from Kingston and the British Mills from Havana were all tight and planned to load lumber for transport back to Cuba.
City Detective Thomas Boltz will face a public hearing next Wednesday at 10 30 before the board of commissioners. He is suspended by Chief Crenshaw over a charge he struck a handcuffed prisoner. Boltz, represented by attorney Foster K Hale Jr, contends the prisoner first attacked him.
Frederic I. Thompson president of the Mobile Register Company departed for New York and Washington. He will confer with the new Democratic administration and Alabama delegation on Mobile appointments during his Washington visit.
Official notice warns that Assessments Nos. 311 and 312 are due by March 31 or suspension will follow. The Harrison Mutual Burial Association urges members to join and increase numbers, stressing unity and protection for loved ones. Located at 16 1 2 South Conception Street.
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