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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
May 15, 1914
Page
13
President Wilson sent to the Senate nominations for postmasters in Alabama and Mississippi. Alabama includes R. L. O'Neal of Huntsville. Mississippi nomination details follow in the same submission.
Commissioner to sell at public outcry in front of Mobile County Court House on June 1914 to divide real property held by Bertha Cope land Cooney Valeria C Hardeman Palma J Scheuer mann and the Scheuermann estate. Properties include several lots in Favre Tract and related parcels with described frontages and depths. Deeds at buyer's expense, taxes paid to Sept 30 1914, rents and insurance prorated after sale confirmation. James K. Glennon Commissioner.
An old advertisement touts Bromo Quinine as a genuine cold cure. It urges readers to call for the full product name or signature of E. W. Grove and promotes a 25 cent price for a one day cure claim.
In New Orleans on May 16 the cotton market opened with many bids for small profits but initial losses were quickly checked. By noon prices were near the previous close as old crop declined 2 to 4 points while new crop months rose 1 to 2 points. trade was light. Major bids and specific quotes for May July August October December and January futures are listed with open high low and close figures.
May cotton opens around 13 cents as shorts renew buying from local and foreign traders. May eases 2 to 3 points. July and later deliveries hold, weather news favors prices. Market quiet after Liverpool close. midday quotes show slight declines with spot steady and middling 12.50s to 13.00s.
Cotton spot firm with good middling at 8.09 and middling 7.47. Low middling 7.49. Sales 10,000 bales, speculation and export 1,000, receipts 2,000. Futures closed quiet and steady with May 7.08 and successive forward months listed from May-June to Jan-Feb.
In city court Friday Darling Broadus was fined fifty dollars and costs after pleading guilty to violating the prohibition law. Elijah Maddox Henry Schulte and J Frank Smith cases were not pressed. George Price was found not guilty of an assault to rob.
Funeral services were held Thursday for William Clark at his home on Augusta Street with Rev Gardiner C. Tucker presiding. Also on Thursday Elizabeth Hoenig died and was buried at Pine Crest Cemetery after services at Fulton Road home led by Rev W P Hines. Florence A. Smith's funeral mass occurred at St Joseph's Church with burial in Magnolia Cemetery. pallbearers were Ed Yeend B C Jennett Jake Rehm James P Hunt Richard Finch and Joseph A Hynde.
In the matter of H M Price a bankrupt the U S District Court of Alabama announces a meeting of creditors on May 26 1914 at 2 PM in Mobile Alabama to prove claims appoint a trustee and examine the bankrupt Referee in Bankruptcy R T Ervin May 15 1914.
Wall Street gains persist as bulls drive shorts amid scarcity of stocks. Broad demand lifts many issues with steel and Reading among notable movers. several names show sharp one point or more gains.
Stockholders consent to dissolve the Wilmer Lumber Company in Mobile County Alabama. Notary public Chas R Hall certifies the voluntary execution by G M Luce and other stockholders. Probate Judge Price Williams records the dissolution March 19 1914 in Incorporation Book No 7 page 121.
A Cleveland era ad touts Dr Kings New Discovery curing Jennie Flemming s three year cough and promises relief for stubborn coughs. The advertisement offers 50c bottles and a one dollar option with money back relief and credits Bucklen s Arnica Salve for pimples as a secondary product.
Chicago trading opens higher as corn leads a broad advance driven by slower shipments from Argentina and rains in Buenos Aires. Wheat also climbs with corn and oats follow. Buyers include several prominent houses as prices firm into early trade. Closing quotations list May and July for wheat and corn.
Cash market notes from Chicago show wheat prices for No 2 red No 2 hard No 2 Northern and No 2 spring ranging around 96 to 98 1 2 cents. Corn No 2 yellow near 72 1 2 to 73 cents. Oats standard about 40 1 2 to 41 1 2 cents. Timothy seed hay around 4.30 to 4.30 per bushel with clover hay at 8.00 to 12.75. Provisions include pork at 19 75 lard 10 07 and ribs from 11.00 to 11.60.
Call money steady at 1 3-4 to 2 percent with ruling rate 1 3-4 and close at 1 8-4 2 percent. Time loans stronger. 60 and 90 days 3 1-3, six months 2 3 1-2 percent. Mercantile paper 3 3-4 to 4 percent. Sterling exchange firm at sixty days 4 865.60, demand 4 88.30. Commercial bills 4 84 7/8. Bar silver 68 5/8, Mexican dollars 45 3/4. Government bonds weak, railroad bonds irregular.
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