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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Nov 28, 1916
Page
7
New Orleans trading opened with declines of 1 to 8 points as weak cables hit prices. A private crop estimate of 11,400,000 bales weighed on sentiment while news of an American steamer sunk added to afternoon weakness. Spot cotton closed steady. futures ended 40 to 42 points lower. Cotton seed oil in New York closed steady with mixed spreads.
Home remedy guidance outlines using Parmint and hot water with sugar to treat catarrh and related symptoms. The method claims rapid relief in breathing head noises and dull thinking, with improvements noted after one day. It asserts most ear troubles originate from catarrh and may be resolved by this treatment.
The New York cotton market opened steady but soon weakened as Liverpool prices slipped and trading outside demand emerged. Selling intensified after a local crop estimate and rumors of easier south spot markets, with January and May futures sliding before midday. Dec to May contracts finished the morning lower, reflecting an overall easy tone.
Wall Street opened with a muted response to the Federal Reserve Board warning, with some speculative issues easing and industrials slipping. Rail stocks including Union Pacific and Reading held firm, oils saw renewed interest, and Ohio Gas led utilities with a notable advance before declines broadened as midday trading progressed.
Chicago November 28 Wheat prices plunged in a broad sell off on the Chicago Board of Trade with extreme intraday losses around 13 5 8 cents a bushel. The December contract touched 1.60 before rallies trimmed the day’s loss to 5 to 7 5 8 cents.
Three schooners named Corinthian Beatrice and Clara C Scott reached the lower bay Monday night and will proceed to the city after fumigation. The Mallory line steamer Comal also arrived late Monday afternoon and is loading cargo at Mallory piers after years in Mobile New York trade.
The British steamship Yarborough arrived in the harbor late Monday afternoon with a load cargo. The vessel's arrival marks a routine port call for goods at the harbor.
The steamer Cratheus, loading for Munson Line, was expected to be ready for sea today. It will carry a general cargo bound for Cuban ports.
Liverpool notes spot cotton in moderate demand with prices down. Good middling 12.51, middling 12.41, low middling 12.25. sales reach 7 000 bales including 6 100 bales American. Futures end weak with multiple backwardation and forward prices listed through October.
Hogs receipts 18000 with steady market. Lights 9.25 to 9.90, pigs 7.00 to 8.00, good heavy 9.95 to 10.19, bulk 9.40 to 10.00. Cattle receipts 6600 with strong market. Native beef steers 7.50 to 11.50, yearling steers and heifers 8.50 to 11.50, cows 5.50 to 7.75, stockers 6.30 to 7.50, calves 6.00 to 11.75. Sheep receipts 3300 with steady market. Lambs 7.50 to 12.25, ewes 3.76 to 7.60, yearlings 9.00 to 10.00.
Naval Stores in Savannah Ga reports turpentine firm 5c with no sales and 466 casks receipts 255 casks shipments and 21 702 casks in stock. Rosin firm shows no sales with 2 526 barrels receipts 878 barrels shipments and 88 178 barrels stock. Price quotes include A to M plus WG and WW ranges.
Wheat No 2 red 1.76 1 2 No 3 red 1.73 5 8 No 2 hard 1.80 No 3 hard 1.78 1 2 Corn No 2 yellow 92 1 2 94 No 4 yellow 88 1 2 91 No 4 white 89 1 2 Oats No 3 white 54 3 4 56 standard nominal Rye No 2 1.52 Barley 90 1 05 Hay Timothy 3.25 1.50 clover 11.00 15.90 Provisions Spark 28.50 lard 16.87 ribs 14.00 14.62
Mrs Anne Gayle Owen widow of Richard B. Owen died Tuesday morning November 28 1916 at 255 State Street. Funeral arrangements will be announced later.
Washington Nov 28 The federal farm loan board after touring the country to pick twelve districts for federal farm loan banks began reviewing testimony. Officials expect the six district locations to be announced within twenty days. The hearings covered farmers needs for lower and equalized long term loans with small installments.
W J Ardoyne W H Blalack Joseph Robbins Jr Louis Nelson William Leesch Mrs Nettie Rowell and John M Clark each fined 100 dollars for breaking prohibition law. They appealed to the city court and were released on 200 dollar bond. Other cases: George Flinn John F Flinn continued to December 2 Doyle Levene Cody Jr Pearson discharged for lack of evidence.
Charles Stanley was convicted Tuesday on assault to murder for aiming to shoot Deputy Sheriff Arthur Marehhan. Oscar Johnson was convicted of grand larceny in a burglary in a railroad car. Attorneys Austill and Arnold appointed for Tom Carter's December 7 murder trial. Four prohibition cases against P. H. Hamel continued to December 7. Bernie James burglary charge nolle pressed.
New York November 28. The Federal Reserve Board warning on English treasury bills had little impact at the stock exchange opening. Most stocks held steady or rose slightly with rails among the leaders. Trading was moderate and orderly with no major declines.
Railway timetable snippet lists multiple trains with names such as Louisville and Nashville Kentucky Southbound. Cincinnati to New Orleans limited. Pensacola accommodation. New Orleans Limited. Montgomery Local. Cincinnati Express. Shows daily, Sunday and limited services with arrival times around 2:00 am, 6:45 am, 9:55 am, 10:40 pm and 12:46 pm. Includes Mobile and Chicago routes and Southern Railway connections.
Lloyds reports the American steamship Chemung has been sunk near Cabo de Gata. The vessel foundered with the American flag flying as the captain refused to lower it. The crew were landed at Valencia by the Spanish steamer Giner per Reuters dispatch.
Methodist ministers of this city and vicinity left at noon for Selma where the Alabama Methodist Conference begins sessions tomorrow night. A large attendance is expected as sessions run through Monday when appointments for the next four years will be made. Several changes are expected in Mobile pulpits.
London reports an official inquiry failed to determine whether the hospital ships Britannic and Braemar Castle were destroyed by mines or torpedoes after their sinking in the Aegean Sea. Mrs. Anne Gayle Owen dies in Mobile after long illness. widow of R. B. Owen, former Mobile mayor, survived by three sons and two daughters.
The probate court issued licenses to White Eugene Long Fraser and Marion Isabelle Overton. Colored marriage licenses were issued to Henry M Bonner and Elizabeth L Stabler, Reuben Norman and Clarence Elliott, Robert Thomas and Ada Henderson.
A 19th century note discusses sick headaches linked to urea retention and nervous conditions. Dr. As Fe helischmidt of Gisville recommends rest, darkened rooms, quiet surroundings, emetics, Actoids bowel regimen, and hot rub downs. Anti kamnia tablets are said to prevent attacks and relieve nausea. they are marketed as Ak Tablete for nervous headaches and neuralgia.
City ordinance directs shut-off for all parties in arrears on water rents. Pay at the water office to avoid $1.00 penalty and service interruption. Mobile Water Works.
A vintage health ad touts a grape and lemon lithia salt mix to cleanse clogged kidneys and ease bladder irritation. It urges high water intake and nightly dosing of four ounces in water, predicting improved kidney function and urine neutrality.
Notice is given of a stockholders meeting of Alabama Iron Works in Mobile Alabama at 6 oclock p m on Friday December 22 1916. The purpose is to consider a consolidation or merger with Ollinger & Bruce Dry Dock Company and to decide whether to adopt or reject the agreement. Other proper matters may also be considered. Db R Dunlap President E L Merkel Jr Secretary. nov771-28 dec5-13
The stockholders meeting of Ollinger & Bruce Dry Dock Company is called by the board of directors. It will be held at 4 p.m. on December 22, 1916, in Mobile Alabama to consider a written consolidation or merger with Alabama Iron Works of Mobile. D. R. Dunlap and George H. Dunlap are officers.
WANTED-100 learn hand course offers 30 day guarantee for five dollars if enrolled before the first. Many pupils now in Mobile. 3 minute 40 days instruction per month. Types include French German and typewriting. Board five dollars. Notices claim free scholarships and civil service prep. Individual instruction. Modern equipment night classes. Write or call Mobile Business College.
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