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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
May 19, 1913
Page
9
Louisville market report shows cattle receipts 1 009 head with steady tone and price range 2 50 to 8 00. Hog receipts 4 000 head steady with 4 50 to 8 25 range. Sheep receipts 3 100 head steady. figures unclear due to garbled text.
The Mobile cotton market closed firm, with sales totaling 50 bales for the day and 86 bales exported, matching a similar pace from Saturday. Receipts for today were 126, with week-to-date 188, and year-to-date exports to Great Britain and the Continent listed at 12,852 and 11,916 respectively.
Associated Press reports in New York on May 19 that all grades of refined sugar were lowered by ten cents per hundred pounds today.
Default on sinking fund triggered mortgage. trustee to sell June 18, 1913 at Mobile County Courthouse to satisfy principal and interest. Property includes Lot B on Bernoudy Tract map and Cox Lot parcels plus all real and personal assets and docks and franchises of Hieronymus Docks & Lumber Company. City Bank & Trust Co. as Trustee.
Cotton futures in New Orleans opened steady with a modest decline as weather and rain reports influenced traders. Early prices showed the market near Friday levels, with activity light but buying steady, and afternoon gains of 9 to 12 points as supplies remained tight and rains were lacking in the Atlantic region. Spot cotton remained quiet at 124 16c middling with sales on the day totaling 282 bales.
Cotton futures opened steady slipping 2 to 4 points on lower Liverpool cables and favorable weather. Scores of buyers were scarce yet prices rebounded in early trading with scattered covering and trade demand. By noon, values stood about 7 to 9 points net lower. spot market remained quiet and steady.
Cotton spot dull with prices easing across grades led by middling at 6.69 to 7.23. Sales 6,000 bales including 2 American and Nad for speculation, receipts 22,000 all American. Futures opened and closed quiet and steady with a spread ladder from May to April various at 5.99 to 6.48 pence.
The London stock market opened dull as continental politics and money uncertainty prompted realizations in speculative stocks. Gilt edged securities and foreign bonds softened on demand for the new Chinese loan. American securities were quiet until afternoon when New York buying nudged prices fractionally.
Turpentine firm reports sales of 178 sacks and receipts of 76 sacks. Rosin sales total 300 barrels with receipts of 1,849 barrels. Quotations list price bands from B at 4.55 to WG at 6.70 and Ww at 6.75 per barrel.
Opening prices showed fractional gains for many leaders while low priced rails and copper shares fell. Seven new low records emerged as St Louis San Francisco stocks dropped sharply, but broader market strength supported major issues and some gains in Reading and Canadian Pacific.
In early negotiations Frank Chance pressed for Tris Speaker and Joe Wood in exchange for Hal Chase as Manager Stahl proposed trading the Highlanders star to Boston. The discussion centers on sending the hard hitting center fielder to the Red Sox in a deal.
Mrs. John Woodrow an aunt by marriage to President Wilson died at her Denver home after a brief illness of bronchitis. She was 81 and her husband was a brother of the President's mother.
Washington May 19 Representatives of the Union Pacific and Southern Pacific Railroads seek a mutually satisfactory dissolution plan for their merger. Attorney General McReynolds says the Central Pacific should be divorced from the Southern Pacific in the dissolution plan, though the decision remains tentative. Officials could not confirm prospects for an agreement.
Robert Garrett, who killed his son in law Aaron Campbell and Campbell's father John H. Campbell, gave up the chase at a swamp near Bishopville. He surrendered to a posse of 400 and was jailed in Bishopville after his daughter escorted him to the surrender.
Washington on May 19 Attorney General McReynolds announced the appointment of Thomas W Gregory of Austin Texas as special assistant to prosecute the federal government's planned extensive investigation of the railroad situation in New England. The probe will focus on the New York New Haven and Hartford railroad to determine if the Sherman anti trust law is violated.
White House officials said there was no evidence to substantiate charges against Ambassador Henry Lane Wilson after Mexican dispatches interpreted Secretary Bryan’s Saturday statement as an endorsement.
The American and John Quill left Mobile Monday for Alabama and Tombigbee river trips after captains failed to secure enough negro roustabouts amid wage cuts from 2.00 to 1.50 per day. Waterfront activity remained quiet with two steamship arrivals and modest cargo work.
Freezing temperatures in Nevada stem from a high barometer area moving in from the North Pacific coast. A second high builds over Montana and extends to the Ohio Valley with cool, generally fair conditions. Precipitation occurs in the Northern Rocky Mountains from a Colorado centered low, while warm southerly winds hit the West Gulf. Thunderstorms are probable for Mobile tonight or Tuesday.
Vitagraph presents a two reel adaptation of the Deerslayer from J. Fennimore Cooper works starring Florence Turner and Harry Morey.
A brief theatre listing notes a Pathé educational program showing today at the Royal Theatre with admission priced at five cents.
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