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Newspaper
The Mobile Item
Location
Mobile, Alabama, United States of America
Date
Sep 10, 1912
Page
11
Cotton futures closed steady with a net decline of 24 to 26 points as Sept through May contracts traded in a wide range. Traders cited heavy short selling and reports of demand for high grade cotton while spot cotton remained steady at 11 and a half cents per pound.
Superintendent A. P. Pigford of the Mobile division based in Meridian Mississippi arrives in the city on business. He reports daily growth in line activity and expects substantial cotton business to move into Mobile this winter over the Mobile and Ohio railroad.
For Rent From Nov STORES details multiple storefronts and residences along Dauphin Street Government Street and adjacent blocks. Listings include sizes from one to two stories with room counts, baths, kitchens, and modern amenities. Prices range from $50 to $630 monthly. Our complete rent list now ready for distribution.
The New York cotton market opened steady and moved higher into the first hour as late Liverpool support and forecasts of Gulf weather influenced sentiment. Spot prices closed quiet with middling up to 11.65 and middling gulf at 11.90, while futures ended the session easy with mixed bid levels and scattered selling by spot interests.
New York stocks opened with minor gains in Harvester and Woolworth, while Southern Pacific and some Trunk lines posted fractional advances. High priced industrials drifted lower, Sears Roebuck down three, as the market ended heavy with money rates up and most issues retreating from earlier highs.
Raw sugar holds steady with Muscovado 89 test at 3.86 cents per pound and Centrifugal 96 test at 3.46. Molasses sugar 89 test 3.16. Refined sugar steady. Petroleum steady. Molasses steady. Leather firm.
Columbus Mississippi topped the Mobile district with rainfall in the last 24 hours ending 8 am while Evergreen Alabama saw partial clearing. Temperatures ranged from 68 to 98 with averages at 95 high and 71 low as showers spread across districts and heat persisted in the middle and western cotton belt.
Money on call firm at 3 to 4 percent with 3.4 percent ruling. Closing bids 4 percent, offered 4 percent. Time loans strong 60 days 5 percent, 90 days 5 5 percent, six months 5 5 percent. Mercantile paper 4 1/2 to 6 percent. Sterling weak with bankers bills at 483.15 for 60 Bar silver 82. Mexican dollars 48 1/2. Government bonds firm, railroad bonds easy.
An official report to the governor shows Mobile County jail commitments run nearly one in sixteen each year and about 75 percent of vagrancy and gaming prosecutions handled by deputy sheriffs. The figures cover three years starting August 1, 1909, and were prepared by Associate Examiner J T Gorman of the Mobile sheriff’s office.
A. N. Maumenee, Manufacturing Optician, promises custom fitting for eye wear. The ad claims flat surface, bi focal, toric, and curved lenses designed to fit the wearer’s features and eyes.
The Sunny South brought 718 new bales of cotton down the river ahead of the James T Staples which carried 78 bales. Receipts by vessel list firms such as Baker Lyons Co and Davis Wilson Gaillard with dozens of bales apiece and a busy riverfront scene with heavy down freight and passenger travel.
Today the display features three reels of top Association pictures with daily program changes and no repeats. Admission is five cents.
Law and Equity Court reports a case where the State of Alabama represented by a banking witness seeks confirmation of a sales report against Safety Banking and Realty Company. Judge Hodn presides with Saffel and Berney as the equity panel. The decree confirms the sales report under the equity process.
The eastern shore of Mobile Bay experiences high tides for three days with northeast winds, strong currents, and sea nettles. Commissioner Harry Pillans notes the bay water is deep sea like, indicating unsettled weather outside.
A report to Governor O neal highlights high jail feeding bills in Mobile County. Over three years the state paid 36 296 10 for feeding prisoners, with 15 356 inmates housed, 14 561 misdemeanor cases and 795 felonies. The examiner urges abolition of the fee system and state or county reform to curb costs.
Quiet morning at the waterfront as the British barkentine St Paul, light from Grenada, arrives. Also docking is the Norwegian steamship Lowlands from Progreso with sisal, bound to load foodstuffs, while the steamboat Sunny South departs for Selma with general merchandise.
September 16 1912 marine items list steamships and routes including Fort Gaines Bocas Progreso Mavisbrook Europe Konarky Liverpool New York Pier 8 Atlantis Laura Sprague Porto Rico Pinto Hartney Cuba Hieronymus Hermanos A Brig Motley West Indies schooners and repairs noted. Alabama River forecast by Albert Ashenberger local weather forecaster ahead of probable rise within twenty four to six hours.
Habeas corpus proceedings to free Leroy Pugh, recently bound over on grand larceny charges for allegedly stealing twenty dollars from a woman, will be heard in circuit court tomorrow morning by Judge Samuel B Browne.
Weather notes forecast protest against extreme heat for 36 hour shipments with temperatures near 92 to 96 degrees. River forecasts indicate the Tombigbee and tributaries will hold steady the next two days while the Alabama River should rise after 24 to 36 hours.
The thirty second annual Tuskegee Normal Industrial Institute session opens with over 200 teachers and the largest first day enrollment in Booker T. Washington’s school. Principal Washington presided and enrollment is expected to exceed last year’s 1702 as students arrive from 36 states and 21 countries. Since inception more than 9,000 students have completed courses and contributed to uplift.
New London Connecticut September 1 delegates to the National Association of Cotton Manufacturers held a semi annual session addressing trade topics. George W Nevill president of the New York Cotton Exchange spoke on spinning values of different grades of cotton. S W Flesheim of Cleveland Ohio spoke on dust proof and water proof mill flooring. J Jefferson Wayes of Letchworth England spoke on lithographic process in cotton printing. Golf tennis and baseball were planned for visitors after the day’s sessions.
Lost wanted note asks return of an umbrella found at Monroe park to Wm H Monk's furniture store or Carrousel at Monroe park. Various help wanted notices advertise positions for boys at Mobile Spring Bed Co and for ladies at 163 Monroe street, plus rental offers on Conti street and Government street.
In Albuquerque on September 10 the Democratic state convention narrowly re nominated Congressman Harvey B. Ferguson, signaling continuity for the party and its district.
Police and posses scoured Luester parish for three Black prisoners who escaped from Benton jail after assaulting Deputy Sheriff Law. Edwards is listed in critical condition as Benton and surrounding areas suspend business and join the manhunt.
New York officials report autopsy results on Rosa Menschik Szabo buried in Jersey City cemetery. Doctors found indications death was not due to drowning and say further examination tomorrow will determine exact cause.
The city commission plans to adopt four sidewalk improvement resolutions at the next meeting. The city attorney will order action against owners who have not complied, while others with sidewalks laid by the city must meet the law’s requirements. Commissioner Pillans notes the sidewalk law is strict and authorities will pursue cases of wilful neglect.
The fall and winter land seekers are arriving in Mobile along with promoters who spent the summer at Michigan resorts. R Wyn, a leading operator in three counties near Grand Bay, Ala, arrived from Chicago ready to start business. J H Strode, the Pittsburg promoter, reached Baldwin, and Dr W O Ehron came from New York to review propositions. The Mobile area advert has generated renewed interest among landmen.
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