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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
May 23, 1915
Page
13
The Saturday closing markets report shows movements in the mobile cotton trade with prices steadier on the last session. Trading activity focuses on nearby contracts as buyers and sellers assess demand and futures influences.
New Orleans cotton prices fell in late trading with prompt months down 8 to 10 points before closing 4 to 7 points lower. Spot sales were steady at 77 and arrivals were none, as July to March futures showed varied final figures across the curve with late session posting a steadier tone.
OL May 22 report from the Cotton Exchange notes a brief activity pause as the market closes for Whitsuntide holidays. Market participants await the next session with limited trading observed today and yesterday.
New Orleans May 22. The week's cotton futures show a net advance of 14 to 21 points. Active months traded 29 to 34 points range, with highs 31 to 34 points above last week and lows 3 to 8 points up or down. Spots unchanged at middling 9 9 8 cents, with 9,000 bales sold and arrivals 1,935.
Indications of bullish enthusiasm marked the day as most stocks rose. War shares led the advance with Bethlehem Steel up 3 points and steel and copper groups climbing 1 to 2 1 2 points. Major names like United States Steel American Tobacco General Electric and Canadian Pacific posted gains across the board.
Cotton prices slipped from early firmness as liquidation hit the market. Exports for the day topped 11 000 bales while spot cotton advanced to 9 80. Private crop reports were mixed with favorable Eastern belts and rain delays in the Southwest.
State Solicitor N. R. Clark has traveled to French Lick Springs Indiana to recuperate for several weeks. A postal indicates he is improving nicely. Horton Turner Abba Temple Shriners attended Mobile ceremonial session yesterday with his wife and mother Mrs. N. E. Turner.
The U S state department orders Counsel Silliman to press General Carranza for food transport to Mexico City amid famine and riots. Thousands faint and are crushed while crowds await corn distribution. foreigners face danger as rail and telegraph lines break under Villa pressure. General Gonzales marches toward the capital as unrest grows.
Berlin May 22 Germanys answer to the American note cannot be expected before Tuesday or Wednesday It may defend its position on submarine warfare and the sinking of the Lusitania and propose basis for further negotiations It may refer to Americas compromise proposal and suggest ships certified by the United States travel with no munitions and receive warning before torpedoing The admiralty also notes Gulflight damage likely not from a submarine and ships return to base Joseph Espallaf improves after a nosebleed incident causing a ruptured blood vessel at his home.
The Civil Service Commission announced competitive examinations to be held in June for Senior animal husbandman, animal breeding, dairy manufacturing specialist, marine engine draftsman for submarines, and chief of the training school. Henry Matthews was arrested on embezzlement charges by Charlotte Fuller, who says he diverted $190 entrusted as her agent. A jitney hit a fire plug at Broad and Baltimore, flooding streets until water crews repaired the break. A marriage license was issued in probate court to Martin Van Buren Stringfellow and Agnes Dickson. The New Orleans Mobile and Chicago railroad plans an excursion to Mobile for a Mobile vs Memphis game at Monroe Park. Rev. Brooks Lawrence will preach tonight at First Christian Church in Mobile in his farewell appearance. The tug Native from Mobile Towing and Wrecking Company will take fishermen to snapper banks at 6 am Sunday from Dauphin Street.
An in court incident in Bay Minette led to a State Bar Association inquiry. Attorney Elliott G. Rickardy of Mobile and Attorney Samuel C. Jenkins of Baldwin county clashed after epithets, Jenkins was fined $25 by Judge A. E. Gamble. Jenkins admitted being aggressor and said multiple blows were struck while contending the legal point favored him.
Paris report says British troops repulsed a strong attack north of La Bassee and inflicted heavy enemy losses. Our artillery beat back a violent bombardment north of Arras, captured several houses at Ablain, and took some prisoners. North of Neuville our fire stopped a German attempt. No other front news.
Vienna via Berlin reports that Teutonic allies have held off Russian counterattacks and gradually gain ground in central Galicia as their offensive progresses. Daily advances are noted by our troops in the ongoing campaign.
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