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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Nov 18, 1916
Page
7
Openings showed a 2 to 10 point loss before fresh buying pushed prices higher, with trading months up 18 to 22 points by midmorning. Spot cotton held at 18 points up, while mill takings for the week supported a bullish tone despite initial liquidation.
Markets opened with renewed liquidation but lighter offerings than yesterday. January contracts rose to 20.60 with May reaching 20.93 amid bullish overnight spot signals. overall list closed steady with gains of 22 to 27 points for active months and 59 for next August. Cotton seed oil market closed firm with spot around 12.60 to 12.65 and total sales at 18,300 barrels.
An immense surge in copper stock purchases dominates the opening with Chile Copper jumping to 38 and 89 1-4 after a 12 000 share initial offer. Kennecott and Bethlehem Steel lead higher while United States Steel hits a new maximum at 126 38. Strong gains spread across Am Can Am Tel and Tel and many others as total daily volume reaches 1,089,800 shares.
Receipts: hogs 8000, cattle 1400, sheep 200. Hogs 9.15 to 10.00 for light to heavy, cattle natives 5.50 to 11.50, stockers 5.30 to 7.20, calves 6.00 to 11.75. Sheep lambs 7.60 to 12.00, ewes 3.75 to 7.60, yearlings 8.00 to 9.26. Market steady across species.
Associated Press reports Chicago market figures with wheat at No 1 red 1 81 1 2 dollars and corn No 2 yellow 96 1 4 to 97 cents. Provisions list pork 28.50 lard 16.57 ribs 14.00 14.75. Timothy hay 3.25 5.25 and clover 11.00 15.00.
Butter higher creamery 25 40c. Eggs receipts 2 649 cases with Firsts 39 29 1 2, ordinary firsts 27 38 at marks. Potatoes receipts 40 cars unchanged. Poultry alive lower fowls 15c springs 16.
The British schooner Irmse Bentley, which reached the lower bay days ago, has sailed for Gulfport to load lumber. It entered Fort Morgan quarantine station to await orders, and was towed out by the Lapwing. Blanche King, a four master, remains in the lower bay awaiting orders.
The American schooner Mark Pendleton, detained in the lower bay for several days to load provisions, sailed again on Friday afternoon. The vessel is headed for Jacksonville.
The British steamer Fredonia, recently bought by the American Star Line, was moved to the Pinto docks for inspection. The vessel will undergo repairs and have a wireless system installed.
Mrs. Lawrence Lavretta Jr and many couples attend social notices. The article lists numerous households including Berenson Welch Ross Those Tisdale McAlpine I Vickers Pride Jones Hancock Hartwell Peck Carrol Staples Shelley Fearn Meador Bullock Vernenille Olinger Michael Holzborn and Michael. Committees include Reception George Lawrence Richard Wildman Norman Pittman Joe.
The Old Shell Road School Improvement Association held a postponed meeting with several new members welcomed. The piano committee was discharged after purchasing and installing a piano for the school. A patron donated funds to create a permanent playground, and an entertainment is planned for Thanksgiving with a refreshment committee. A photo of Mrs. James R. Hagan appeared in the Birmingham News. Miss Mabel Biggart performed Adam Bede in a noble Institute recital, impressing with her English delivery and character work.
Turpentine firm shows 461 20 casks with no sales but receipts totaling 369 casks while rosin firm reports 1 597 barrels with no sales. Quoted figures include varied grade prices 6.30 to 6.90 and related notes. The item cites brief commentary from Albany Journal and Nashville Banner on pricing and modesty.
For sale one good draft horse at John Tachoir's place Fulton 1 4 mile post Nov 18 71. Will trade improved farm adjoining town site two acres oranges modern residence for stock of merchandise or good town property. Value 5000. T R Crumpler Loxley Baldwin Co Alabama.
Railway timetables list departures from Calvert York Reform Bowling Green Nashville area with multiple daily services to Cincinnati New Orleans Pensacola Montgomery and Mobile regions. The page also advertises a large sale on clothing and dry goods due to storm damage and an exchange offer for a six room house with lot near Springhill Ave.
A jumble of classified items lists wage offers for railroad workers and clerks, home writing jobs, sales pitches, domestic help, education circulars, model contracts, a lost brown collie named Shep with a reward, and several minor notices. Some entries specify contact details and locations in Omaha Nebraska York Alabama St Louis and more.
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