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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Mar 12, 1914
Page
9
Barton Academy seniors were taken on a Thursday morning field trip through city hall county jail and the court rooms. Professor William Strachan led the visit and the students noted details with great interest. The excursion proved a revelation to many pupils.
The British steamer Dalton arrived from Tampa to load cotton and timber at pier 2. The Egyptiana docked at Turner-Hartwell to load timber for Rotterdam after a Pensacola leg. Fort Morgan Olsvik delivered 13 000 banana bunches from Bocas del Toro for United Fruit, while Marald sails to Puerto Cortez for another banana cargo. Georgina Roop, 23 days out from La Romana, docks for repairs after rough seas. D. H. Rivers heads to West Indian ports with pitch pine lumber. Portloe and Charlevoix move between docks as Mobile harbor handles cargo shifts.
A fragmented shipping notice lists vessels and cargoes with origins and destinations. Entries include Br. ss Georgina Roop at Hilton La Romana and Fort Morgan imports in Bocas del Toro, with other ships moving bananas pine lumber and general goods between Genoa Naples Tampa New Orleans and Gulfport.
Market roundup shows cotton grades and prices with inland receipts exports and stock figures. United States ports receipts and exports to Britain and the Continent are listed, along with stock levels and weekly totals.
A compact record lists cotton receipts: Southern Railway Export 75 bales, Mobile and Montgomery Railroad Train No 152 Baker Lyons 2 bales, Frank M Ladd 1 bale, Weil Brothers 44 bales, transit 400, total 147 bales.
New Orleans March 12 report shows cotton prices advancing 4 to 11 points as light buying emerges from low belt temperatures. Opening steady with 1 to 2 point gains, futures end higher by 4 to 11 points while spot cotton remains steady up 1/8 cent with middling at 12 7/8 cents. 1,750 bales sold on spot and 450 bales to arrive.
New York March cotton opened quiet with little feature. Cables eased slightly, local futures steadied after small gains, Liverpool showed modest buying in March and July, and South reports suggested better spot demand. March sold around 60 points over May in early trading. futures closed steady with varied Open High Low Close across contracts.
In Mobile courts the Equity and Law sides report demurrers sustained or overruled across multiple cases including Lizzie Haas versus Mobile Light and Railroad Company and R Bouchard versus L and N Railroad. Circuit court listings note Gulfport Fertilizer Co cases and motions such as dismissal of Cooney Eckstein, with a Friday motion docket listing Burns National Detective Agency versus Civic League and related suits.
Militant suffragettes burned an unoccupied mansion in Stewarton owned by the Free Church of Scotland. A nearby message claimed the act as revenge for the arrest of Mrs. Pankhurst. The incident occurred in Glasgow on March 12.
Market recap shows American Sugar opening at 97 the lowest in six years while Canadian Pacific and New Haven fall about a point. Amalgamated Copper Allied and American Beet Sugar also slip with mixed results across major railroads and industrials.
Liverpool March 12. Cotton spot easier with good middling 7.34 pence per pound and middling 6.964. Low middling 6.60. Sales 7 000 bales, speculation and export 700 bales, receipts 40 000. Futures steady with January February 6.11 and other futures quotes listed.
Augusta Cotton Exchange drafts plans for a Southern cotton futures traders conference in early May. The board invites all Southern exchanges to send three delegates to discuss reforms and improve conditions in line with sound business principles.
New London March 12. The court martial of Major Benjamin M Koehler on charges of immoral conduct ended at Fort Terry. No result yet and it may take three to four weeks for the verdict. Koehler will stay at the fort.
A historical futures table lists corn oats pork wheat lard and ribs with May and July contract prices. Values show corn 66 5-8 to 39 5-8 oats 39 3-8 pork 98 may 60 lard 10 97 rib s 11 60.
Turpen firm 45 1 2 cents, resin firm, receipts 1. Quotations listed: B 3.85, D 3.90, B 3.95, F G I 4.00, K 4.05, M 4.80, M 6.76, 5.95, WW 6.35. No sales or receipts for other firms.
New York money market reports steady rates with bank call at 1 3-4 2 percent and ruling rate at 1 3-4 2. Time deposits show sixty days, ninety days, and six months at 3 1-2 8-4 percent. Cantile paper quoted 4 4 1-2. Sterling changes firm at 4.84 for sixty days and 4 86 for 20. Government and railroad bonds remain heavy with silver at 57 7-8.
In London on March 12 militant suffragists caused closures of major sites including the Victoria and Albert Museum the crypt and galleries of St Paul’s and the Charterhouse. Parliament faced renewed outrage with calls to keep May Richardson jailed after a six month sentence for harming the Rokeby Venus. Prime Minister Asquith ordered an inquiry into safeguarding national treasures.
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