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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Sep 01, 1916
Page
7
Consolidated Cement reports year to date receipts at 108,174 for 12 days, exports to the Continent at 28,514, and stock on hand at 440,559. Receipts since August 1 total 1,338,623 with 135,966 additional units. Last year figures shown: 43,140 receipts and 9,420 exports.
New Orleans cotton trades rise to near season highs with active months advancing, led by October and other contracts. A profit-taking wave after the session highs sent prices down intraday, with futures closing steady and spot cotton unchanged amid rains in Oklahoma and Texas dampening sentiment.
Overseas demand excited buyers in New York opening trade with gains as October to January contracts hit new highs before selling intensified after Texas and Oklahoma rain forecasts. Prices slipped from early peaks with October around 16.14 and January near 16.11 amid heavier offerings and unsettled tones.
Liverpool reports spot cotton strong with good middling at 10.06 and mid at 9.90 while low middling stands at .74. Sales reach 5 bales from 500 formlation with receipts of 3,000 bales. Futures quiet showing September-October 9.66 1-2 and other successive spreads around 9.6.
New York trading opens with gains, United States Steel leading advance as 5,600 shares move at 96 3 4 to 97. Mercantile Marines preferred and Kelly-Springfield hit new highs while Union Pacific Atchison and New York Central rise. Afternoon news softens as railway brotherhoods show discontent and motor stocks Studebaker and Willys-Overland drag the close down.
The compiled table shows closing or current prices and stock status for a wide range of companies including Allis-Chalmers, American Beetle, Amana, Amoco, American Car and Foundry, American Locomotive, American Smelting, AT&T, Amoco Tobacco, Anaconda Copper, Atchison, Atlantic Coast Line, Baldwin Locomotive, Baltimore and Ohio, Bethlehem Steel, Canadian Pacific, Chesapeake and Ohio, Ohio Mil and St Paul, Chicago R.N. and Pacific Ry, Consolidated Gas, Crucible Steel, Erie, General Electric, Great Northern, Illinois Central, Inter-Merchant Marine preferred, Kansas City Southern, Louisville & Nashville, Liggett & Myers, Lorillard, Maxwell Motors, Mexican Petroleum, Missouri Pacific, National Lead, New York Central, Northern Pacific, Pennsylvania, Reading, Republic Iron and Steel, Seaboard Air Line, Southern Pacific, Southern Railway, Studebaker, Tennessee Copper, Texas Company, Union Pacific, United Fruit, United States Rubber, Smelting & Refining, United States Steel, Virginia Carolina Chemical, Wabash preferred, Westinghouse Electric, and Kennecott Copper.
Chicago markets show Wheat No 1 at 1.43, No 3 red at 1.43, Corn No 2 yellow 86, Oats No 3 white 44 1 4, Rye No 2 1.15 1 2, Barley 85 1.06, and provisions Park 27.85, lard 14.20, ribs 14.05 14.60. Liverpool weekly ton statistics report 52,000 mills of total forwardings, 647,000 stock, 22,900 imports with American shares and 569 exports.
NAVAL STORES Savannah Ga September 1 Turpentine firm 421-2 receipts 500 casks firm receipts 1615 barrels Quote B 5.70 D 5.76 5.80 F G 6.07 1 2 H 6.16 K M 6.27 1 2 WG 645 WW
Alabama National Guard units face renewed release cancellations as war department blocks student and dependent family exemptions. General Bricken learns no guardsmen will be discharged to attend schools, while plans to move one infantry regiment to Birmingham for strike protection are not publicly confirmed.
Mrs BE Jewett, a Boston socialite, was killed when an automobile carrying tourists from Atlantic City to Richmond plunged over a bridge at Havre de Grace Maryland in dense fog. Henry Gill of Richmond sustained serious injuries and others in the party, including Mrs E D Hotchkiss George Korn and the chauffeur, were bruised but not seriously hurt.
J. Rogers of Ensley was named president of the Alabama state board of convict inspectors, succeeding Brooks Flowers who resigned to attend to private business. Rogers will relocate his family to Montgomery. Flowers was praised as a friend of both inmates and department operators as he left office.
Inspector B B Dorry of the eighth lighthouse district reports Channel buoy No 12 at Gulfport dredged channel was found missing and replaced on August 29. He also notes the Galveston gas buoy No 1, extinguished, was relighted on August 30.
The Norwegian steamer Karen of the Munson line sailed about 3 o clock Friday afternoon for Havana and other Cuban ports. The Karen carries a general cargo and will return here for another sailing for Ha rac de Matanzas Cuba on September 8.
The Norwegian steamer Fort Gaines of the Orr Laubenheimer line sails Friday morning with general merchandise and lumber for Belize British Honduras and Livingston Guatemala. She will return to Mobile laden with bananas.
The Norwegian steamer Vera, initially cleared for Tela Honduras, altered its clearance to Belize on Friday and sailed Friday morning for another banana cargo. The vessel had departed Thursday and will resume transport duties under the new destination.
The British steamer Egyptiana, chartered by the Hunter-Benn Company, is expected to sail Sunday after arriving from Gulfport to load lumber and timber for the United Kingdom.
New Orleans clearing house records report August receipts totaling 103 923 029 dollars, an increase of 20 419 362 over the previous year. In Newport News Virginia sixteen battleships of the Atlantic fleet and ten torpedo boats are at Old Point Comfort, with the full fleet expected in Hampton Roads by nightfall.
The Norwegian steamer Heina arrived Friday morning from Havana via Pensacola and docked at Pier 6. It will load a general cargo for South American destinations on the Munson line.
A girth of vessels idle or loading at Turner Terminal docks and Pier 6 includes the Henna for South America, Egyptiana for Cuba, James Gibboney & Co. for Cuba, and Carmela loading at Turner docks. Also listed are Grace Harvard Russ bound for Genoa, Frieda heading to East Africa, Else undergoing repair, and several schooners and barks tied to Or, Olilnger & Bruce’s west wharf with repairs ongoing.
San Cristobal sails to rebuild at dry docks from Puerto Mexico. Dorothy loads lumber in eastern ports for Bahamas Timber Co. Three Marys sails to Rica for lumber. Edna V Pickles and Henry 8 le head to Cuban ports for lumber. Perceler sails to Bahamas Timber Co. Deveron sails from Rouen to Havana with duties. J BE Du Bignon repairs at Pensacola. Avio headed to Pensacola for repairs. Banan due Tela for United Fruit. Norwegian steamship to load for MobitelLiners in Liverpool later this month.
The weather bureau issues a shippers forecast urging protection of shipments in the next 24 to 36 hours as temperatures reach 90 degrees in the north east and west. River forecasts for the Tombigbee and Alabama rivers show little change over the next two days.
The Senate met at 10 a m and recessed until 1 p m. The House convened at 11 a m. The Interstate Commerce Committee reported favorably the Adamson eight hour bill and the Rules Committee approved a special rule for a 4 p m vote today.
Dr J W Sommers found guilty of manslaughter in Charlotte for performing an illegal operation on Annie Jones of Greensboro. The deceased woman died at a local hospital on June 26. Verdict carries five to ten years in the penitentiary.
The cotton seed oil market closed steady in New York. Spot bids at 9.50 with September at 9.60 to 9.75 and subsequent months from October to April showing gains. Total sales reached 56,200 barrels.
Daily round trip tickets issued under long limitation from Mobile to Healing Cullom and Bladen Springs. Depart Union Station at 1:15 p.m. per schedule with services by the Alabama Tennessee and Northern Railway.
Office boy seeks work with a reference and knowledge of the business district. Army recruiting seeks able bodied men under 36 with US citizenship and good character who can speak and write English, at 108 East Francis Street. Lady solicitors sought for local trade and traveling with salary. apply Mr. Boone, Bell 2981 J. Rough carpenters wanted at Public Creosoting Company Choctaw Point Mobile Alabama. Cook wanted with good recommendations, Bell 3981. End text notes.
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