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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Nov 18, 1912
Page
10
Cotton prices rose early on steady gains and strong buying but midmorning profits and selling pressure pulled values back. By 2 o'clock the market stood 26 to 28 points above Saturday with 1,960 bales listed for delivery and prices near 12.37 to 12.80 per unit.
In Fork on November 18 cotton futures firmed with gains of 9 to 17 points as cold weather in the South and broker guidance supported prices. The market showed active trading despite some midday reactions with December holding firm and spot prices rising 28 to 30 points above Saturday.
New York reports a small volume of trading with Reading shares leading losses in early dealings amid broad weakness. Some recovery in active issues faded as tariff and Supreme Court actions loomed, leaving markets mixed and closing with little change as bonds held steady.
The Board of County Commissioners did not award a bridge contract over Dog River today and referred all bids to the county engineer for report at a special meeting Wednesday. Bidders include W. T. Young of Vicksburg Miss for a through steel bridge at 12100, Nashville Bridge Company at 1711 450, Jett Bros. Contracting at 18600 and 7700, and others with prices up to 18100 and 12490. a ferry crossing will be erected by Tipp Bros pending further action.
Detectives hunted through city streets tonight for a large black man who assaulted G Laura Smith at 672 St Emanuel. Police offered no description beyond race as they canvassed every block and corner in the area for clues.
Government's estimate due December 13. Fish scarce locally. Cotton bears on the market with spots steady at 6.72 and 6,000 bales sold. Cotton prices about three cents higher than last year. Constantinople tense as foreign warships land marines to guard interests. Weymouth guards American embassy with 116 men. Uncle Hiram considers an Ottermobile.
The Gazelle arrived from Havana with a bal last and will load lumber for a West Indian port. The Alamo from New York by way of Tampa and Key West discharges at pier 4 with general merchandise and passengers. Tofa joins Scott fleet to load lumber. Kunz Cowles and Frisbie bought the Gypsum Empress for gulf lumber trade and repairs underway. Median of Leyland line sailed from Mobile with nine thousand bales of cotton to Liverpool. Karen sets to sea with cargo for Cuban ports.
E R Larrimore of Dickl ingson Alabama filed a bankruptcy petition in the U S district court listing liabilities at 2259 dollars and assets of 1145 dollars with 960 exempt. The petition was adjudicated bankrupt and referred to Referee Ervin.
A called meeting of Boys' Club managers with Mrs. Henry Forcheimer on Government street is set for Tuesday at 11 a.m. The session is described as an important business meeting and all members are urged to attend.
Newark November 18 A Bruce Crane of the Hunter and Crane brokerage firm was arrested in connection with the federal government’s crackdown on the American Redemption Company. The arrest marks a development in the sprawling probe into securities and redemption operations with Crane named among those questioned and taken into custody.
Talladega Alabama November 18 The Masons will begin building a $15000 temple on Court street opposite the new federal buildings as soon as plans are drawn and the contract let Arrangements for securing the money have already been completed.
The Supreme Court upheld a lower court ruling that license agreements among enameledware manufacturers violated the Sherman antitrust law. The government accused fifty defendants, including sixteen corporations and individual Edwin L. Wayman, of price fixing and restraining trade. the ruling preserves the prohibition on illegal licenses and strengthens antitrust precedent.
The Mobile revival continues with Dr Weston Bruner presiding as evangelist and Prof. Reynolds leading songs. Reports from yesterday praise the meetings and a call to personal outreach to bring others to Christ. Scott of Oklahoma City delivers a strong address urging continual prayer and reflection on Psalm 139.
Mr A A Richards Mobile's leading auctioneer has set up his headquarters at W T Lincolns Dauphin and Hamilton streets and can be reached by Home phone 175 Y. He has handled large successful sales across Mobile and the South and invites consignors seeking quick satisfactory auction results.
From Porto Rico comes word of a wondrous discovery Dr King’s New Discovery. Ramon Marchan of Barceloneta reports it cured his coughs colds and chest troubles. Over 20 others benefited. Spectacular promise for threat and lung troubles. Trial bottle free. 50c and $1.00. Guaranteed by all druggists.
In Mobile court terms Hon Safford Berney and Hon Thomas H Smith preside. Various cases listed include notices of motion to amend sheriff's return and decrees pro confesso. Several resets and dismissals are noted along with a final judgment for Robert T Goodwyn et al against H W Padgett for 243.99 with exemptions waived.
The Norwegian steamship Viator of United Fruit Company lineup arrived in Mobile Sunday with a bananas cargo from Ceiba Honduras. Captain Ericksen cited severe weather from the Caribbean through the Gulf with northwest winds veering and a likely Jamaica storm influence. The ship used the new cut-off channel entering the city with a pilot’s aid. the bark Atalanta followed.
The docket lists final judgment for the plaintiff in Dawson-Snider Drug Co. vs. W. H. Elis for 11.15 and dismissal by plaintiff in Forbes Piano Co. vs. D. B. Stokes. Nov. 18 actions include several demurrers overruled, attachment motions, and mandamus withdrawal. final default judgment for 135 on note in L. %. Stole vs. James. suits involving Tyline Cohen and Mobile Light & Railroad Co.. garnishee hearings reset for Nov. 23. note J. D. Mott vs. M. R. Jackson on 1912 docket.
On the first signs of indigestion, Dr. King's New Life Pills tone the stomach and regulate liver kidneys and bowels. Pleasant easy safe and only 25 cents at all druggists.
An advertising notice invites men to apply for easy steady work described as paying a handsome income. The advertisement directs interested applicants to report to Mr. Doyle at The Item office during morning hours.
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