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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Aug 22, 1917
Page
3
Cotton futures fluctuated on August 22 as weather bureau data fueled early selling and later short covering. October and January contracts moved from the low 23s toward mid 23s before easing again, with spot prices steady near 24.65 in New York.
New Orleans August 22 The cotton market eased after early gains as selling increased and the spot situation softened. By mid-morning prices were 1 to 2 points below yesterday's close with final quotes near 22.47 for October and around 22.60 for January and March, steadying at the close with a net decline of 68 to 73 points.
New Orleans spot cotton quiet at 50 points below, sales 52 bales on spot to arrive none. Quotations: low middling 24.87, middling 25.50, good middling 26.00. Receipts 2,322 stock 90,376.
The cotton seed oil market closed easier with spot at 15.00 and mixed futures bids from 15.06 to 15.38 through August 15.20. Contracts ranged 15.09 to 15.38 for later months, with total daily sales listed as 26.1.
Chicago traders record a bearish start with abundant offerings and a slight rally after early activity. Opening quotes show December at 1.075 to 1.085 and May near 1.061 to 1.062, as the market ends the morning with lower values.
British light naval forces destroyed a Zeppelin airship off the Jutland coast yesterday morning according to an official communication. Survivors from the crew were reported.
The report lists North Carolina Wilmington naval stores prices for spirits rosin tar and crude with receipts noted. It also covers a New York stock market rundown showing coal stocks under pressure after government price cuts with mixed moves in industrials and metals, and closes with bond and key stock quotations.
The Department of Agriculture bulletin notes no rain in south central and southwestern Texas while Southeastern North Carolina and parts of Georgia and Alabama saw light to heavy rains. Temperatures ran near normal. Texas highs harmed crops though moisture kept others healthy. Boll weevils rise in parts of Mississippi Alabama and Georgia. picking begins across southern areas.
The Goldsboro tobacco market opened with warehouses overflowing and thousands of pounds waiting to drive in. By midmorning sales showed grades far superior to last season with averages around 48 cents a pound and no sales below 25 cents. A Greene County farmer declined a local buyer’s offer of $500 per acre for 12 acres.
A three foot unknown snake bit Mr Jobie Spock on the wrist while he slept on his veranda at Cove City. The snake was killed, treatment given, and no serious injury reported though precautions continue. The Craven county exemption board prepares to examine one hundred men for the selective draft with many already certified and (likely) exemptions ahead. Battery A Field Artillery troops at the Eastern Carolina Fairgrounds endure mosquitoes with heavy netting and nightly Morpheus sessions.
Thirty nine crew members and eight gunners of the Standard Oil tank steamship Campana, sunk Aug. 6 by a German submarine, arrived at an Atlantic port aboard a French steamer. The submarine had captured the captain and four gunners.
An Atlantic port report says a British steamer from an Oriental port with 53 passengers ran ashore in fog off the New England coast. The ship later floated without aid and resumed its voyage after a radio message confirmed it.
Dr Jack Seligman and Lazarus Jacobson jailed in Brooklyn for conspiring to obtain $1000 bail by helping others evade the draft. Seligman, a former Exemption Board 52 member born in Austria Hungary, allegedly had Jacobson act as a drummer of trade and took $75 in marked money from Joseph Levy. Deputy Attorney General Roscoe Conkling said regular Board 52 members were not involved.
In New Hanover County Superior Court a special proceeding seeks to sell part of Lot 6 Block 74 in Wilmington for division among plaintiffs Alice Larkins and husband John Larkins and heirs of Bristow Harriss. Defendants listed are new statewide residents and not in court. date set for appearance is September 5 1917 at ten o'clock A M before Clerk W N Harriss.
President Menocal signed a decree transferring four seized German steamships Bavaria Quivant Adelheid and Constantia with about 46 000 tons to the United States government. The vessels lie in Havana harbor and Cienfuegos with Radonia retained for army supply transport. The US Shipping Board will take possession next, with Cuba receiving no payment.
Harrisonburg Va Aug 22 An additional case brings the epidemic to Rockingham county as 13 year old David Stroop of near Singers Glen is diagnosed with infantile paralysis by physicians today.
The ad claims Peplac improves digestion to boost strength and earnings. It quotes a Bellamy's talk, praises digestion as a worker’s best friend, and invites readers to see the Peplac Expert at Bellamy's or purchase Peerless Tonics at listed local stores.
Stage of water in Cape Fear river at Fayetteville North Carolina at 8 a m shows youths P day 4.0 feet.
Promotion for S. S. S. blood remedy claiming to purify blood of scrofula without minerals. Advertises fifty plus years of use, vegetable formula, nationwide drugstore availability, and medical advice from Swift & Company Dept. F Atlanta Ga.
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