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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Oct 24, 1916
Page
7
The New Orleans cotton market opened with gains of 24 to 32 points as all futures months hit new highs. Outside buying and bullish East Indian crop news supported prices, but heavy selling and liquidation pulled values back 3 to 6 points from Monday’s close. Spot cotton closed firm with a 37 point gain setting Middling at 18.50.
New York cotton futures showed renewed activity with prices advancing to new season highs after an initial cautious opening. January and March contracts moved from near 19.42 and 19.48 to mid-day gains before settling firmer on bull support and covering, with overall excitement noted across deliveries.
Cotton spot in good demand and prices rise with good middling at 11.27 and middling 11.13. Sales reach 10,000 bales with 9,300 American. receipts total 24,060 bales including 119,600 American. Futures close feverish and unsettled with various spread quotes across months.
Savannah report shows turpentine firm at 45c with no sales and receipts 655 casks while rosin firm has no sales and receipts 1997 barrels. Prices quoted include B D Meg 6.30 and grades F G H I K M 4.36 N 6.45 WG 6.50 WW 6.70.
Chicago October 24 bid and asking figures for grain and provisions show various futures levels across No 2 and No 3 hard red wheat, yellow and white corn, and standard white, with open and close ranges and prices for sides such as bacon and ribs. The report lists multiple grades and nominal values while noting tentative or contingent quotes.
The new Farm Loan Board met in Raleigh to receive applications from North Carolina cities for one of twelve farm loan banks. Charlotte and Raleigh business groups pressed their bids and delegations from Greensboro and others were expected to appear later.
Bethlehem Steel climbed to 593 then 610 on opening as Utah Copper reached a new 102. Ameri can Sugar and Central Leather joined gains in the early trading, while United States Steel faltered after quick advances. Rail stocks like Atchison and Union Pacific buoyed activity amid mixed price moves across the board.
Spot bid at 12.40 with October at 12.50 to 12.99, November 12.60 to 12.75, December 12.65 to 12.68, January 12.66 to 12.68, February 12.67 to 12.70, March 12.74 to 12.75, April 12.77 to 12.84, May 12.85 to 12.90. Total sales reach 55,200 barrels.
The funeral of Lady Sarah McGill will be held Wednesday at 9 o'clock from the Cathedral of the Immaculate Conception with a requiem mass. Right Rev. Bishop Al ten will be the celebrant and other clergy from the Institute will attend the service. The burial will be in the convent chapel crypt.
After a long illness Miss Martha EB Brown a Clarke county native died Monday night at the Benevolent Home 903 Government Street Mobile where she had lived sixty years. She was a lifelong member of entireh. Survived by two sisters Mrs Ma Leu gon and Mrs E T Rondeau and other relatives.
Fragmentary text mentions a Catholic ceremony and flowers with unclear details about a person named Henry and a group or group in a phrase May be a diary note or church event description with missing context
The Alamo Soas steamer Alamo reached port from New York and prepared for a return voyage after cargo discharge. Work continued to refloat the Porto Bara ashore in the lower bay while staves were transferred to lighters for salvage. Pleasure Bay was to be laid up for winter, and Alma and J. H Menge prepared to depart with freight for Bigbee and Alabama river landings.
Mariners are advised many gas and lighted buoys in Alabama Florida and Texas sections will be reestablished and relighted as soon as practicable after destruction or displacement by the hurricane of October 17 18, including Knoll Gas Buoy 2 Dixie Island Gas Buoy 2 and more along Pensacola Bay and Galveston channels with several lights relighted by October 19 20 and 23 instances noted.
The weather bureau reports moderate temperatures for 26 hour shipments to the northeast and west. The Tombigbee River and branches are not expected to change much, and the Alabama area should see stable conditions.
Boston dated October 24 reports Captain Tudor of the British steamship Hochelaga says rumors persist that the German U boat U 53 has been sunk off Nova Scotia by Canadian patrols. Tudor's notes on the incident were made before he left Louisburg.
Reports from the front describe heavy fighting on the Somme with massed assaults and high casualties as Allied and Central Powers exchange gains. Serbian troops win a local success in the Cerna region while Russian and Romanian forces withdraw to heights north of Constanza. The war office notes intermittent shelling and a new push near Schwaben redoubt and Le Sars. A special sale of Oyster Leaves is advertised at Kolsky's Hotel and Café.
The war office announced a Romanian attack along the Oituz front near the Prentylvanian border capturing 10 machine guns and several hundred prisoners.
French and German artillery fought last night south of the Somme near Ablaincourt with no infantry action reported. Three German planes were shot down in aerial combats in a thick mist over Verdun yesterday.
Reports from Bucharest relayed from Rome say forces of the central powers took little booty at Constanza as the Dobrudja port was evacuated. Emperor William sent congratulations to King Ferdinand of Bulgaria on the capture.
Ground events described by allies reference a species and location in London with unclear details. The fragment mentions October and a symbol but lacks coherent actions or outcomes to establish a clear report.
A well known authority warns against overloading kidneys with meat and uric acid. He advocates a daily morning dose of Salts made from grape acid and lemon juice with lithia to flush and stimulate clogged kidneys and curb urinary disorders.
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