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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Apr 22, 1918
Page
7
Early trading showed wetter cables and irregular opens with modest advances and declines. Weather forecasts for the belt hinted at heavy rains, keeping the cotton market volatile as New Orleans spots and July contracts moved with sharp point swings and closing steady.
Spot prices firm with good middling at 53 and middling 23.01. Sales 3,000 bales including 2,600 American. Receipts 4,900 bales including 3,700 American. Futures steady with new contracts April 19 May 22.57 June 22.19 July 21.81 August 21-46. Old contracts April 21.66 April-May 21.5- May-June 21.56 June-July 21.42.
Fair tonight and Tuesday with cooler conditions and moderate west winds. Stage of water in the Cape Fear river at Fayetteville was 26.3 feet at 8 am yesterday and rising. Sunrise is 6 51 and sunset 7 49.
Chicago on April 22 reports hog receipts around 5 000 with prices from 13 25 to 17 75. Cattle receipts 24 000 with values 7 40 to 17 25 for cows and steers 9 00 to 14 75 for calves. Sheep receipts 12 000 with lambs up to 21 80 and sheep from 13 00 to 17 85.
New York April 22. Cotton market shows no quotations as traders await direction in the oil market. Receipts indicate no notable activity with cotton seed oil and naval stores holding steady amid silence.
Amsterdam reports Berlin papers say the National Liberty party leaders unanimously decide to send a telegram to Emperor William urging him to accept the crowns of the former Russian governments of Estonia and Livonia.
The New York market reported spot cotton steady with middling grade at 30.45 cents per pound on April 22. Trading remained calm as buyers and sellers paused for direction.
Raleigh April 22 Colonel Bill Dortch lodges a late bid for Congress in North Carolina's third district challenging incumbent George E. Hood who has served two terms. Dortch, longtime marshal and political manager, surprised local observers and complicates Abernethy’s anticipated challenge. Hood’s term would end March 4 1919 if not re elected.
The speaker denounces modern dances as corrupt and labels flirting and divorce as moral failings. He cites statistics from San Francisco and Japan, condemns infanticide and maternal neglect, and notes a large China Grove audience approving the sermon. The meeting ends Sunday night.
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