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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Apr 30, 1917
Page
3
Market notes a favorable weather pattern with steady to firmer tones as July and October contracts retrace gains. Reports cite improving factors from Gulf port freight outlook and overseas buying, while Chicago wheat and New York trading show mixed moves amid overall cautious activity.
New York spots on April 30 show quiet activity with middling cotton at 20.55 cents a pound.
New Orleans April 30 Poor cables triggered a slump at the opening of the cotton market with key months down 16 to 19 points. Private bureau estimates show a 2.2 percent drop in acreage, causing declines through the first half hour. By midmorning trading was unsettled with months steady to four points lower from Saturday’s close.
Liverpool on April 30 reports spot cotton good middling at 12.12 and middling at 12.82 with 8 000 bales sold, 500 for speculation. Receipts total 16 000. Futures mixed, with official noon closing at 12.72 for April and 12.54 for May.
York April 30 The cotton seed oil market shows mixed activity with bids listed for June and August contracts. Prices hover around the 16.00 to 16.14 range per barrel, with total sales noted at approximately 2,24900 barrels and irregular turnover across months.
Savannah reports turpentine firm at 47 1 2 with 196 receipts and 26 shipments to total 9 167 stocks. Rosin shows 217 receipts and 1 502 shipments with 86 946 stocks. Price quotes range from 5.70 to 6.30 with grades D through WG listed.
Gifford Pinchot spoke at the Second Baptist Church in Atlanta warning that a prolonged war favors those who farm the South. He stressed the importance of southern soil cultivation for eventual victory. Coffee futures in New York were steady with May at 8.02 and July at 8.22, as Rio No 7 reported around 10.
The appropriations committee favors a bill to provide 2 699 481 dollars to meet urgent deficiencies in the army and navy. The proposal is 760 855 687 less than the amounts recommended by the war and navy departments.
Extraordinary values in Shoes during this May Sale. A splendid saving in Boys Clothing. Bargains throughout the store this week at Rehder's.
Raw sugar listed steady with varied grades and prices. May sugar futures opened and noon quotes show small gains, with 7,700 tons sold. closing prices 4 to 6 points higher.
A Russian message to the general staff notes a Kronstadt garrison delegation in Petrograd, supporters of Lenin recently returned from Switzerland via Germany. Manifestoes advocate Lenin share Rasputin’s fate as anti German espionage activity grows.
In Buenos Aires on April 30 the socialist national congress of Argentina debated the war stance. Fist fights erupted as the body rejected a pro-arming, anti-submarine resolution by 4 210 to 3 557 and adopted a declaration favoring absolute neutrality.
Butter unsettled with creamery quoted 32 to 38 cents. Eggs higher with 35,091 cases received. firsts 31 to 52, ordinary firsts 30 to 31. Potatoes lower with 58 carloads. Idaho to Washington prices 2.65 to 2.74, Wisconsin and Michigan 2.30 to 2.50. Poultry alive prices down. fowls 22 cents.
New York dairy and poultry market report for April 30 shows Butter-Firm receipts at 6324 with creamery prices 43 to 43 1 2 for extras and 92 score 42 1 2 for firsts. Eyes-Firmer receipts 25890 with fresh gathered extras 27 and fresh gathered storage packed firsts 395 to 36 1 2, and fresh gathered firsts 33 1 2 to 34 1 2. Cheese-Strong receipts 4344 state fresh specials 26 3 4 to 27 with average run 26 1 2 to 26 3 4. Live Poultry-Weak with no prices quot ed. dressed dull and weak. Chickens 23 to 31, fowls 20 1 2 to 26. Turks 18 to 35.
A nationwide push to secure wartime prohibition will be launched in Washington today. Representatives of multiple parties and farmers groups, including several state governors, will press President Wilson and Congress for action.
The General Medical Board of the Council of National Defense announced plans to send 1000 American surgeons to Europe to aid allied armies. Surgeries will be arranged by the American College of Surgeons selecting the volunteers.
Testimony describes Johnston as Burnett's right hand man and easy treatment of prisoners, with notes on his foot shape and possible tracks from the murder scene. A stockade lock and chain are described as easily opened, and John Berry recalls Johnston traveling with county teams. Miss Davidson faces potential bond as a material witness while warrant actions move forward.
The High School girls raise 7.51 dollars to buy cloth for fraiture pillows for soldiers and allies and make moss cushions for transport on freight cars. They welcome moss, old rags, and gifts at the school under Miss Ball as head of a Red Cross Union.
Norfolk Southern stockholders in Norfolk Virginia authorize a 1 million dollar three year 6 percent note issue. $826000 will fund equipment purchases and the remainder will retire bonds of a branch line.
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