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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Mar 18, 1913
Page
8
Market scene shows abundant fish and plentiful nuts with pecans as the sole nut variety. Butter prices steady locally. Demand strong for candy for eastern trade, while the wholesale district suffers from river boating delays due to high water. Grain prices on sidewalks suggest a softer year ahead.
Market sentiment remains bear while spot offerings rise and new crop acreage increases in the South. Quotations are scarce with prices expected to drift lower. several rail and steamship shipments show small bale totals from Louisville Nashville Mobile and Ohio and local buyers Baker Lyons Beville Phillips Farmers' Commission transit totals indicate modest activity.
New Orleans March 18 cotton futures opened firm with slight gains amid indifferent cables and good weather. Some frost reported but offset by lack of rain and expected census data. Short traders counted on covering before ginning figures and holidays. noon offerings were scarce with modest gains. key contracts ranged near 12.10 to 12.34.
Cotton futures opened barely steady down 1 to 7 points on weak cables and good South weather. Prices rebounded near yesterdays close on bullish supply and distribution data but ended largely unchanged as domestic spinning stocks weighed on gains. Bullish Memphis spot notes supported values before New Orleans selling and interior offerings trimmed gains.
Sterling commercial at 4.81 to 4.82. New York sight, commercial Thedis. New Orleans sight, commercial par. Mobile Freights Ocean: Steamer Liverpool 46 cents, Havre 66 cents, Bremen 48 cents, Manchester 46 cents.
The list records current quotes for major U.S. and Canadian stocks including Amalgamated Copper 681, American Beet Sugar 26 14, American Cotton Oil 43, American Smelting 68, American Sugar Refining 111 bid, and others like General Electric 137, New York Central 1054%, United States Steel 59, Union Pacific 146%, and Southern Pacific 98% among several blue chips and rails.
Wall Street reports ongoing liquidation of industrial shares due to loan discrimination and weak earnings. Prices hit low marks in several issues, with some recovery on short covering as traders expect broad liquidation to ease. Bonds showed irregular activity and buying orders remained scarce, while minor stocks continued to slide amid broader selling pressure.
Turpentine firms show no sales while rosin sells 1,033 barrels. Quoted prices span from 4.90 to 7.40 with grades B E F G H IT E M N WG WW and regional market context in Savannah, Georgia.
In city court Tuesday Ice Robertson was found not guilty by a jury after appealing an inferior court conviction for abusive language. R. J. Daeey’s appeal on embezzlement also ended with a not guilty verdict in the same session. Wednesday’s docket lists William Jones with two cases and Alex Hi Massey alias A R Mason facing grand larceny charges.
The Norwegian fruit steamship Ravn arrived at Mobile dock with a cargo from Puerto Cortez and will sail in ballast to Cortez on Wednesday. Other traffic included the Mallory Line Comal to New York, and multiple fruit ships from Port Limon and Bocas del Toro due later in the week, signaling a busier period for fruit importers.
The twentieth annual reunion of the Valley of Mobile Orient of Alabama opens its second day with conferral of degrees from seventh to fourteenth on Tuesday morning at the Scottish Rite cathedral. The program includes fifteenth and sixteenth degrees later, with Lodge of Perfection degrees conferred previously on Monday.
The program lists meals and schedule for degrees from twenty to thirty second. On Thursday March 20, 1913 at 9:00 A M conferring degrees twenty six to thirty inclusive with suppers at 6 and 7 P M and a later 1:00 PM session. Friday March 21 1913 opens at 8:30 and 9:00 with conferring the thirty first degree then lunch and the thirty second at 1:00 PM.
Obituaries report death and funeral details for Edward W. Yost at age 54 in Prichard with burial at Magnolia Cemetery. Katie Hendryx of Whistler is buried at Turnerville Cemetery after a family service led by Rev. J W Reinhardt with pallbearers named. Della J Nichols, aged 53, dies in Whistler after a lingering illness, survived by husband and four children.
The Mobile and Cleveland teams for the games on Wednesday and Thursday at Monroe Park begin at 3 30 o'clock and lineup as follows Mobile Maloney centre Starr second O Dell third Paulet first Moran left Clarke right Corbett short Brown Berger Sullivan schmidt catchers Jasper Hogg Cavett Berger Higgh Robertson pitchers Cleveland Liebold centre Chapman short Turner third Jackson right Lajoie second Johnston first Grahey left O Neill Bassler catchers Peddy Wilson Baskette Steen Cullop pitchers Bates utility infielder The newspaper men in the party are Frank Rostock Lee Stanley Cleveland Press Ralph Stickle Cleveland News Tom Terrell Cleveland Leader R Snader Cleveland Plain Dealer George Kuhles trainer
Premier Briand and his entire cabinet submitted resignations to President Poincare at the Elysee Palace as the Briand government fell to a 161 to 128 vote against a proportional representation bill. The cabinet had just suffered its Waterloo in the Senate on Peytral's amendment.
San Francisco report says former lightweight champion Ad Wolgast will quit boxing for good if he loses his upcoming bout with Tommy Murphy next month per manager Tom Jones.
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