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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Nov 12, 1913
Page
10
The Italian bark Elvo bound for Genoa from Gulfport Mississippi struck a rock at the mouth of the river Mira and sank today while maneuvering to avoid a collision. Eleven crew members from Grew are reported drowned.
Henry M. Pindell of Peoria Illinois will be nominated by the president for ambassador to Russia. The appointment follows a careful consideration of his character and fitness, with the president determined not to let past allegations influence acceptance.
Directors of the Standard Oil Company of Nebraska declare a regular semiannual dividend of 10 dollars per share and an additional dividend of 5 dollars per share. The news comes from Nebraska for November 12 through the Associated Press report.
New Orleans reports detail a meeting of suffragists forming a Southern conference and a Louisiana state body. Kate M. Gordon of New Orleans elected president. officers from several states named. The group favors state constitutional amendments over a federal approach and plans annual meetings.
Lord Cowdray to publish a statement clarifying his role with the Mexican provisional government. He says his firm and allied companies subscribed for less than 3 percent of the government loan via the National Bank of Mexico and that no further direct or indirect financial assistance was given or requested.
Cotton futures opened steady with gains of 2 to 7 points as weather maps look favorable but belt reports signal reduced picking and ginning. By mid afternoon prices rose to new daily highs before closing 5 to 10 points higher on the day with July and May contracts showing strong advances.
Cotton futures opened steady and mostly higher as traders covered and took profits. Prices rose 6 to 12 points in early trading on thin offerings, then retraced to hold a net gain of around 8 to 10 points. spot middling upland is 13.60 and middling gulf 13.85.
Liverpool reports increased demand for cotton with prices easing across grades. Middling fair at 7.84d, good middling 7.54d, ordinary 6.20d. sales reached 10,000 bales including 9,200 American and 1,000 for speculation. Receipts 15,000 bales. futures close steady with various month spreads listed.
Summary of cotton receipts in New Orleans Mobile and Chicago Railroad Export line and Mobile and Montgomery Railroad entries. Details list bales by train numbers firms such as Farmers' Commission Company Touart and Quinn Bevill-Phillips Davis Wilson Gailliard Baker-Lyons Frank M. Ladd Weil Bro Elmore Brame Saksaan Farmers' Commission totaling 586 bales across lines with totals per railroad.
In Savannah Georgia a turpentine firm at 43 48 1-4 cents shows receipts of 436 casks with no sales. A rosin firm reports receipts of 2 481 barrels with no sales. Quoted prices include bids and options: B D Wart agtsel ane sen 5 ind i 5.00, N 96.00, We 36.50, Ww.
Trading notes show March coffee contracts steady with slight gains toward May. Prices quoted at 0.780 for May and 104e for March, with March closing around steady levels and near-term demand unchanged.
The market showed limited strength as Lehigh fell after a small advance, with spasmodic covering helping some stocks. Morning highs faded in the afternoon as bonds were uneven and investment buyers held back, while Mexican Petroleum rallied on dividend news before reversing.
A historical bulletin reports on British healings Motioteba 887 and swift master sailing to Haiti with 1 000 sacks. It details river steamer Adolfo shifting piers, schooner Dora Allison movement, and Blees delays for boiler repairs. Also notes Alma and City of Mobile leaving for Selma and John Francis afloat near Key West for survey and repairs.
Call money firm at 8.5 to 9.25 percent with a ruling rate at 2.75 percent. Times loans weaker with sixty to ninety days at 5 percent and six months near 4.845 percent. Prime mercantile paper 5.5 to 6 percent. Sterling exchange firmer with sixty day at 4.8085 and demand at 4.8520. Commercial bills at 4.801. Bar silver 59.34, Mexican dollars 46 cents. Government bonds steady, railroad bonds irregular.
A fragment notes that the man in a diamond shirt stud may be a barkeeper, though many consider it a badge of that brotherhood of boosé. The text hints at associational symbolism and social cues within a social scene.
Chicago cash and futures rates for wheat corn oats and barley, with mixed bids and closes. Provisions show pork lard ribs. soy not listed. Prices include wheat at about 85 3 4 and corn near 68 5/8 for December and 69 for May.
Cash grain quotes from St. Louis dated November 12 show No. 2 red wheat at 93.125 to 95.125 dollars per bushel, No. 2 hard wheat at 85 to 91 dollars, No. 2 corn at 75 dollars, No. 2 white corn at 75 dollars, No. 2 oats at 39.125 to 40.125 dollars, and No. 2 white oats at 41 dollars.
The Mobile Lodge No. 67 Knights of Pythias marked its twenty fourth anniversary at the K of P Hall on Tuesday night. I D Browne served as master of ceremonies and Jacob D Bloch spoke on Our Membership Past Present and Future. Charter members attended and gave brief remarks as the event drew a large turnout.
The piece notes a unique date November 12, 1913 that won’t recur while Maggie is young. It warns the date will not be duplicated for a century, calling for a celebration by the Society for the Prevention of Historical Misinformation on the next similar date in 2013.
Classified notice lists rentals for two story residence with 6 rooms and modern conveniences on East Broad and South Carolina Streets at $25.00, plus a cottage with 4 rooms on 357 S Broad St at $25.00 and another 4 room cottage on East Garnett Ave near Old Shell Road at $15.00. Includes halls baths kitchens and yards.
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