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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Oct 27, 1916
Page
7
Market figures show year to date totals and last year comparisons across multiple categories. The data include daily trading activity, weekly sums, and national port totals, highlighting shifts from prior periods.
Cotton trading in New Orleans showed volatile moves after news of a British ship sinking carrying 9 000 bales. Prices swung early with 2 to 6 point gains then a net advance of 9 to 3 points. midday bids faded. Open high low close figures listed reflect rapid intraday shifts as rumors of submarines circulated.
New York cotton futures were unsettled with subdued activity after earlier excitement. Prices fluctuated, with January around 19.10 and March near 19.25 while July gains faded and market sought support around 19 cents, amid reports of a sunken steamer and ongoing submarine fears.
Today's early trading shows higher levels with rails leading gains including Chicago Great Western Wabash and Missouri Kansas and Texas. Paper shares gain as International and American Writing preferred hit new records and United States Steel and Bethlehem Steel rise.
Chicago columns show cash grain bids for Wheat No 2 red at 1.81 3 4 to 1.83 1 2 with other red and hard grades noted. Corn No 2 yellow around 1.08 to 1.11 with No 4 new and old listings, Oats varied from 62 1 2 to 54 1 8, Rye No 3 at 1.25, and pork prices noted as nominal. Futures show Wheat Dec at 1.82 to 1.86, May near 2.82 1.84, Corn and related figures listed with multiple price points and open close values.
Senator Oscar W Underwood urged veterans to back the educational amendment in Alabama. He called its defeat a calamity to the commonwealths childhood and argued education improves efficiency, noting Alabama corn yields far below national averages and highlighting an exceptionally productive individual in one Alabama farmer.
Senator Underwood advocates a state educational amendment to abolish supplemental school fees and fund public schools by general taxation. He argues rural residents currently bear heavy costs for building and equipping schools while society benefits from an educated citizenry.
The Brooklyn Daily Eagle celebrated its seventy fifth anniversary at the Academy of Music Brooklyn with a pageant depicting key events in its history. Colonel Williams, Eagle Company president, led veterans who received medals. Colonel Hester began as a typesetter in 1852. The anniversary edition spanned 180 pages.
Joe Tom Rolling of Bullock County received parole from Governor Henderson on Thursday after being convicted of grand larceny and sentenced to thirteen months. Citizens urged release, and parole will condition his future conduct.
Cotton spot prices were firm with good middling at 11.28, middling 11.14, and low middling 10.98. Sales reached 8,000 bales with 890 for speculation and export. futures quiet with various forward differentials listed for nearby months.
Savannnah reports Turpentine firm at 441-2c with no sales and receipts of 473 casks. Quoted prices show various grades from D to WW with ranges around 5 to 6.69 per barrel, indicating market activity but no sales that day.
The cotton seed oil market closed strong in New York on October 27 with spot bids at 12.60 and October and November bids noted, signaling firm demand and price activity.
A short promotion claims Grove’s Malaria Tonic can drive out malaria and improve health. The ad touts simple dosing and quick relief, suggesting the tonic supports the body’s strength during illness.
The Norwegian steamer Agnella of United Fruit Co. left the harbor this morning with a cargo of bananas and after unloading will reload for the return trip. The Edna V. Pickles moved from Pinto drydocks to Turner docks for loading. The Lamberga was moved to Pinto docks, replacing the Pickles.
The Nubian, a Leyland liner now tied to Mobile Liners Inc, is due to load at this port. Fortunia, a steam ship, is also due and will arrive to load cargo with Van Heynigen Co here.
The Norwegian steamer Jonan Lud is due in Mobile carrying a cargo of sisal. The cargo is consigned to James Gibboney & Co.
The Munson line steamer Munsila docked in port late Thursday afternoon and occupies a berth at the Munson piers. It will load a cargo here destined for Cuban ports.
The Tombigbee river and branches and the Alabama river are not expected to change much over the next two days. The local weather bureau notes shipments should be protected during the 24 to 38 hour window amid steady temperatures.
Law and Equity Court Equity Side Berney Justice presiding. Business Friday shows Michael Richardson against James Bapteist Guillimet et al with decree quieting title. Anna G Moore et al versus Harry Gill submitted on demurrers. demurrers overruled and 20 days for answer.
Hon Thomas H Smith chancellor Jaenes Friday before noon. Waters versus Ella Waters set for November 4. Barrow versus Brad shaw et al complainant allowed to amend bill. Ferdon versus Rob inson et al. objections to testimony pleadings and proof. Hellams versus Dixie Lumber Co et al notice of motion to withdraw books documents set for October 28. Kanavan versus Kanavan demurrers. Call for Saturday Denmark vs Del Buono Jordan vs Jordan.
In the Law and Equity Court Judge Berney presiding on Friday business the demurrers to the complaint were sustained as to the second count and overruled as to the first and third counts in A E Lew versus F G Bromberg. Van Antwerp Building Co versus Southern Dredging Co resulted in a default judgment with court on proof of damages set at 202.50 and an order of sale of attached property.
Circuit Court before Browne judge. Judgments by default and court on proof assess plaintiff damages at 313.60 dollars. Copeland and Son versus Elmer Thur dismissed by plaintiff. Kunz Copp vs Janette Devery judgment by default on verified account for 140.77 dollars.
German authorities warn Dutch firms they may not use German iron to repair Norwegian ships as a reprisal move. Noncompliance could cut off further supplies and materials from Germany, according to the Nieuwe Rotterdamsche Courant.
Reports say drought in Argentina pressures wheat markets as traders note limited export supplies. Prices drift higher with rumors of tighter global stocks and weather delays affecting upcoming shipments.
President Wilson travels from Enna to Lone Branch meeting crowds in West Virginia and Maryland. He will visit Buffalo and New York City before November 7, with two more speeches at Long Branch. In Cincinnati he urged a league of nations and unity, stressing Americans must support peace and shared destiny.
E A Kantor a New York cloak and suit firm representative was killed and sixteen others burned or injured when a coach of the Illinois Traction System plunged 100 feet down an embankment near a trestle five miles north of Edwardsville last night.
Utica, Oct 27 Charles E Hughes told an audience that a vote for him is a vote for lasting peace and not war. He added he would leave to the secretary of war the difficulties in disentangling himself from prior controversial utterances.
Charlie Thompson, convicted of manslaughter in Houston county in 1914 and condemned to ten years, was granted parole by Governor Henderson. His release rests on continued good behavior.
Paolo Alabama girl recounts her mother’s long illness with headaches and fatigue. She cites Granger Liver Regulator as helping, claiming it eased symptoms compared with other remedies.
Bisso Towboat Co. filed a libel in the U.S. District Court Southern District of Alabama against the Schooner Albert D Mills and related gear for maritime claims. A seizure placed the vessel in custody with a November 6, 1916 court date in Mobile Alabama. Owners and interested parties are cited to appear and show cause why final judgment should not pass as prayed.
Executrix Catherine Costello and Richard A Finch announce a public outcry auction at Mobile County Courthouse on November 27, 1916 at noon. The sale covers Bertram J Vogel's interest in a Mobile Alabama lot at Pine and New Street Francis, 45 by 55 feet, to satisfy a vendor's lien secured by a previously executed conveyance dating February 21, 1916. Estate of Martin Costello, deceased, funds debt payment. Auctioneer J. E. McHugh. attorneys Ervin & McAleer.
Bond redemption notice for Series FEF 1 1916 with numbers 222 224 225 226 227 228 229 230 281 282 233 284. Holders must present at American Exchange National Bank New York to receive full payment. interest ceases on the redemption date. Pat J Lyons signs.
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