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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Apr 19, 1918
Page
12
New York notes April 19 report renewed activity in cotton trading with prices opening irregular. July and October futures fell sharply amid Liverpool selling tied to hedging while later months firm on favorable belt weather, signaling 34 to 38 point losses in early trading.
New York spot cotton prices report middling grade at 30.30 cents per pound with values unchanged from prior session. Market observers note steady demand amid fiber market fluctuations.
Early trading in New Orleans on April 17 saw irregular activity as war news weighed on sentiment. Sellers aimed for around 10 points gains with an eventual net advance on October before a midday drop. closing was steady with slight net gains across nearby months.
Liverpool on April 18 reports quiet spot trading with higher prices for good middling 59.0 sixteenths and middling around 29.07. Sales were zero except for 4,400 American bales, receipts none. Futures closed weak with April 22.83 and July at 21.95, other months shown, old contracts fixed.
Chicago hog prices show slow receipts with ranges for light mixed and heavy hogs. Seattle reports 16 000 head with steady to firm cattle and calf quotes. Sheep receipts around 10 000 with strong demand for ewes and lambs in regional trading.
Spirits sell for 40 cents. asin priced at 4.80 and 4.50. Tar at 3.00 and 1.31.20 dollars. Crave offers 4.00, 4.00, and 3.00.
For sale 5 990 bushels Heavy No 2 White Oats 1 99 sacks Creamo Cotton Seed Meal 1 ton 7 per cent Cotton Seed.
New York traders pressed higher at the opening with short covering and public participation. U S Steel led gains in volume with other metals and rails firm. bonds firmer and numerous major stocks showed advances while corn and oats rose in Chicago on bullish weather but hogs weakened.
Savannah market data for April 18 shows Turpentine with 381-2 receipts 59 shipments 201 stock 23413 and Rosin with 344 sales 216 recipes 583 stock 97588. Prices quoted include B 5.15 DEF G HI 5.30 K 5.50 M 5.70 N 6.25 WG 6.70 WW 7.00.
Spot cotton in New Orleans is unchanged at 31.00 for low middling, 33.00 for middling, and 34.25 for good middling. Sales on the spot total 36 with no arrivals. receipts 1,356 and stock 452,328.
Beginnings of a troubling pattern emerge as English heavyweight Tom Cowler loses again. He has repeatedly finished on the short end in recent bouts, signaling a potential downturn in form.
Jack McAuliffe asserts that neither Jack Dempsey nor Bill Brennan is the real name of either well known boxer using those names. He hints at stage identities and questions the authenticity of their birth names in the boxing world today.
Increasing cloudiness tonight and Thursday with probable showers. Moderate south winds.
The stage of water in the Cape Fear River at Fayetteville North Carolina at 8 a m yesterday stood at 12.4 feet indicating normal to high flow for the period and guiding local river activities and navigation plans.
Sun rises at 7 45 AM and sets at 7 45 PM local time. Number values and spacing in the source are irregular but indicate daytime hours for the day.
London reports the Daily Telegraph argues the British fleet remains supreme and capable of sea control. It notes a Cattegat mine sweep shows strategic strength 590 miles from Britain, with American aid shaping post Jutland naval power. The piece cites Liberty Loan parade plans and marshal arrangements in detail.
The parade will assemble at City Hall at Fourth Street? and Princess streets at 4 p.m. It will move promptly at 4 30 p.m. north on Third Street to Walnut then to Front Market Third and back to the start.
The parade will feature the Hemenway Drum and Bugle Corps and Junior Red Cross auxiliary followed by Cape Fear Camp UCV and other fraternal groups. Each section is to be led by a music unit. Organizers expect a highly successful event that will boost thrift lamp and war savings certificate sales in Wilmington.
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