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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Aug 02, 1917
Page
3
New York August 2 market notes a steady to lower session as comments on government reports and improving crop outlook weigh. Prices drift from early gains with October around 24.60 and January near 24.40 before closing near 24.36. spot cotton quoted at 25.65.
In New Orleans on August 2 cotton futures eased after an initial rise. The market showed a net loss of 7 to 10 points in the first half hour as rains in Oklahoma and North Texas provided some support. By noon declines expanded to 30 to 34 points, closing barely steady with overall drops of 20 to 22 points across contracts.
New Orleans spot cotton quiet and unchanged on August 2. Prices for various grades range from good ordinary to strict good middling with middling at 25.00. Receipts and stock totals list 147,141 on hand.
Liverpool Alabama cotton prices rise with spot market 30 points up as American middling fair at 20.08 cente. Listings show middling 19.35 low middling 18.99 and ordinary 17.45 with 4 000 bales sold including 3 600 American. Futures advance 30 points across various future months from August to May.
The cotton seed oil market closed strong with bids and ranges across months from August to March. Spot at 14.30, August 14.40 14.50, September 14.44 14.67, October 14.60 14.67, November 14.45 14.48, December 14.45 14.49, January 14.46 14.47, February 14.45 14.55, total sales 27 200 barrels.
The stage of the Cape Fear River at Fayetteville was 7.3 feet at 8 a.m. yesterday. The report notes river height for navigation and local conditions.
Samuel E. Pingres former Vermont governor 1884 86 and longtime Republican power in state politics marks his eighty fifth birthday today in Hartford Vermont Aug 2. Messages arrive from lodges including Modern Woodmen where Pingree is the seventh oldest member in New England.
Spirits 36 14, Rosin 4.50 and 4.30, Tar 3.60 and 0.16. Crude 3.50 3.50 and 2.50. Spirits 10, Rosin 55, Tar 26, Receipts listed.
Turpentine firm trades 37 1 2 with receipts 513 while Rosin firm records receipts 1749. Prices quoted for various grades range from B 5.05 to 5.15 and WG 6.60 to 6.80, with other grades D Bana F G H J K M N WW in listed bands.
New York August 2 stocks opened broadly higher with Industrial Alcohol up 2.5 points Central Leather up 3 Leather and Hide preferred up 1.25 and United States Steel General Electric and American Telephone each up one point. Rails and coppers little changed with specialties easing later as alcohol pulled back and motors oils and AT&T declined.
Butter firm with receipts 8 925 and creamery prices 40 41. Eggs irregular with receipts 14 791 and fresh gathered extras 39 40. Cheese steady with receipts 4 686. State fresh specials 21 3 4 to 22 1 4. Dressed poultry prices unchanged.
Raw sugar firm with centrifugal 7.02 and refined 8.15 to 8.50, molasses 6.14. Futures opened firm and active, noon prices 5 to 10 points higher on foreign buying, closed steady 3 to 12 points higher. Sales 31,900 tons. September 5.99. December 5.53. January 5.15. March 4.92.
Congressman George Hood received a constituent letter urging building large airships with oil and gas tanks to fly over Germany and rain fire and brimstone on them. The note was mentioned in Washington on August 2.
New York reports Rio coffee futures finishing with a 91 to 8 split in the article. September futures at 7.78 and December at 7.87 reflect steady trade and a modest carry across nearby months.
New Orleans August 2 Consumption by Southern mills for the cotton year ended July 31 rose to 4 358 000 bales, a record surpassing prior highs. Total commercial cotton for the year reached 12 941 000 bales, up slightly from last year. War orders and peace business likely shifted volumes from England to domestic mills.
Kay, a 28 year old colored man, was arrested at Castle Haynes by Sheriff George Jackson on a charge of criminal assault against an eleven year old white girl, daughter of Mr and Mrs Bruno Van Bevel. He is held without bond awaiting trial. The victim was hospitalized at James Walker Memorial Hospital, condition serious. The alleged assault supposedly occurred two weeks earlier on the Baldwin farm adjoining the Van Bevel property. The warrant was sworn by Sheriff Jackson before Solicitor Edwin T Burton.
Washington August 2. A conference between shipping board officials and Southern pine producers showed the new administration intends to build large numbers of wooden ships as well as steel. Rear Admiral Capps defended government contracts while pine producers denied private offers harmed the government. Officers crews for ships and the labor issue were discussed with Commerce and Labor Secretaries and seamen representatives. Secretary Redfield noted American yards have over 700 ships under construction.
Petrograd reports rapid growth of a women's army movement in Russia sparked by the front line deeds of Miss Vera Butchkareff and her female battalion. The campaign spreads across the country with mounting support and fervor.
Julian W. Morton son of Mr and Mrs T L Morton of this city has joined the University of Virginia Ambulance Corps trained at Allentown Pennsylvania and is among the first 960 selected to depart for France as part of a 900 man contingent. He earned the rank of second sergeant of Section 17 and hoped for an Oglethorpe post but was not yet 21 at the time. The selection is noted in the Allentown Post Exchange and Philadelphia Public Ledger carried his likeness.
Dr Owen Kenan, visiting with his mother Mrs James Kenan, returned to New York and was commissioned a captain in a newly formed medical corps at Allentown Pennsylvania. He served three years in the hospital corps in France and earned praise for bravery. Also noted is Col M MacRae of the US Navy returning to Charleston after time with his parents Archibald and Mrs Archibald MacRae. W L Gore of Pearsall & Co. returns from vacation in Columbus County. Capt John H Beery’s illness shows improvement after three weeks. Frank J Jarman and family plan August stay in Saluda, western North Carolina.
Wilmington post office receipts reached 13276.49 in July, up from 10231.81 in June, a rise of 3044.68. Postmaster H. McL Green notes the monthly increase is usually evident, but July’s surge is unusually large, with May receipts totaling about nine thousand dollars.
Rev M T Plyler of Grace Methodist Church is assisting in a Rocky Point revival at the local Methodist Church. Two services are held daily at 3 30 p m and in the evening. The revival runs through Sunday with Plyler returning to the city Friday night.
Advertises a free sample bottle of Green's August Flower claiming to relieve indigestion dyspepsia torpid liver constipation and sour stomach. Promotes the remedy as proven by fifty years of success and available in 25 and 76 cent bottles with sales in civilized countries.
Train times show Wilmington service with through sleepers to Birmingham and Charlotte connections. No. 200 leaves Wilmington 8:05 P M for Birmingham via Charlotte and Birmingham. No. 2012 from Charlotte toward Wilmington lists through sleeper options and connections. For details contact city offices.
Lumina hosts a wrestling card tomorrow night featuring Hanson and Aberg with Gunner McGuiney refereeing. Advert.
A game tomorrow night features Hansdn against Aberg with Gunner McGurley as referee. Adyt is mentioned in passing as part of the note.
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