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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Apr 12, 1918
Page
7
Fragmented OCR shows scattered port names and price codes for cotton spots including Wilmington Norfolk Charleston Savannah and others with numbers like 841-2, but no clear sale details or outcomes. The text lacks coherent facts to form a full report.
The cotton market opened five to points higher on May and July in response to Liverpool buying and firm war news but soon slipped as selling pressure returned. July fell from 32.25 to 21.92 and October from 30.52 to 30.45, with limited support beyond Liverpool interests. Cotton closed steady with modest gains in some months and lower quotes in others.
The New York spot market opened quiet with middling cotton priced at 33.30 cents per pound on April 12. The report notes stability in the price with no notable gains or losses.
Cotton near months dipped on a cold wave but steadied as belt reports of widespread young cotton damage emerged. Wall Street opened with losses partially recovered, with gains in Marine preferred and other industrials while steel and copper turned down.
New Orleans on April 12 reports quiet spot cotton with sales on the soot at 571 to arrive. Quotations show low mid dla 32.00 middling 34.00 good middling 35.25. Receipts total 3,556 and stock at 435,037.
Liverpool on April 12 reports spot cotton quiet and lower with good middling at 4.91 pence per pound and prices for other grades listed. Sales reach 5,000 bales including American JJ. Futures close quiet with new contracts showing April 24.67, May 24.38, June 4.13, July 23.92, August 23.72, and old contracts at fixed prices for April through July.
Generally fair tonight and Saturday with frost tonight likely heavy. Moderate west winds. Cape Fear river stage at Fayetteville measured 25.2 feet at 8 am yesterday. stage rising. Sunset at 7 42. Weather Bureau Reports.
New York April 12. The cotton seed oil market shows no quotations today with little activity reported as traders await clearer directions in pricing and demand.
Savannah market summary lists turpentine firm sales 38 receipts 46 shipments 14 stocks 23 573 and rosin firm figures with shipments and receipts missing. Prices quoted for grades B through WG range from 5.25 to 6.65 dollars per barrel or ton as applicable.
Luther T. Register has been named superintendent of Swift & Company’s local fertilizer plant, succeeding T. G. Ellis who has joined the military service. Ellis left for Birmingham, Alabama, to be with his family. As assistant superintendent, Register is considered well qualified for the new post.
The ocean barge Alfred Soper will be transformed into a three-masted schooner by Cushman & McKown at their Princess Street yards. The 500 tonnage vessel, formerly used to haul lumber from Jacksonville to Baltimore, was towed to Wilmington last night. A second barge will be brought in for similar work.
Chelsea Massachusetts marks the tenth anniversary of the 1908 fire that destroyed the business district and left 16 000 people homeless. The city has rebuilt with new structures and increased its taxable property.
Chicago market summary shows hog receipts at 33 000 with varied grades and prices from 13.00 to 17.75 per cwt, cattle receipts 6 000 with steers 10.50 to 16.25 and cows 7.10 to 13.25, and sheep 8 000 with lambs 18.59 to 21.10. Market tone: slow for hogs, strong for cattle, steady for sheep.
In the Savannah district sawmills are employing African American women to perform lighter tasks previously done by men, reflecting a shift in labor roles and local employment practices.
Notice of sale under a mortgage by J. W. Mitchell to Cooperative Building and Loan Association. The property in Wilmington North Carolina will be sold at public auction for cash on April 15, 1918 at the Court House Door in New Hanover County. parcel begins at Wright Street and Sixth Street and measures 79 by 33 feet.
The Intercollegiate Prohibition Association of Southern New England opened its annual convention at Harvard University. Delegates represented Yale Brown Harvard Williams Boston University and the University of Vermont.
An ad touts S. S. S. as a purely vegetable blood remedy for rheumatism. It claims winter triggers pain demons and that lotions fail, while a deep blood cleanse rids the disease. Free medical advice offered from the Medical Director at 26 Swift Laboratory, Atlanta Ga.
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