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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Aug 31, 1917
Page
3
New York cotton markets were quiet ahead of the government crop report. Prices opened mixed and declined sharply after the report, with October and January futures sliding about 60 to 69 points from morning highs. Spot cotton stood around 23.30 cents, while the day showed some recovery late morning and a bear-market tone overall.
New York trading opened with renewed short interest and a mixed session. United States Steel fell to 110 3 4 while a broad set of industrials declined about one point including railroads oils tobacco and war issues.
A 1917 report recounts Secretary Hoag of Boston sending a telegram to Henry Bonitz in Wilmington NC, assuring the Royal Arcanum against a receiver move as unfounded. It includes Bonitz’s reply and letters urging state officials to remain loyal to the order amid attacks.
New Orleans market saw short covering push prices 16 points higher in early trading before selling dried up, as buyers limited by bureau report expectations. The session closed barely steady with declines of 8 to 15 points. futures quotes ranged with October at about 21.33 and March near 21.30.
New Orleans August 31 Spot cotton held steady amid light activity. Sales show none to arrive 500 bales. prices: low middling 21.87, middling 22.50, good middling 23.00. Receipts 4,091. total stocks 72,561.
Closing cotton market in Liverpool shows spot prices steady with 2 000 bales traded. Good mid dling at 18.75 and middling at 18.25 with 8 000 bales receipts including 5 700 American. Futures unchanged with various forward spreads and official noon close noting August 17.25 sales and August-September 16.92 value.
Newark August 31. The cotton seed oil market closed steady with spot at 13.20 and futures bids 15.23 for January 15.25 for February 15.36 for March 15.38 for April 15.18 23 for September 18 23 for October 15.25 for November and 15.21 for December. Total sales 29,900.
Weekly cotton statistics show 11 000 bales forwarded to mills with 33 009 American in mix. Stock at 232 000, American 137 000. Imports 47 000, American 43 000. Exports none.
A thief broke open the strong box at the South Chicago Police Station Wednesday night and stole money watches and jewelry from prisoners’ belongings left for gate keeping. The bandit escaped with the loot and the incident is investigated by authorities.
Chicago market reports confirm a government price of 2.20 per bushel for the highest grade wheat, with No 3 red at 2.20 and a 2.17 differential to No 1 red. Traders expect premium sales for grain in definite use and note stronger oats and hog markets as early trading opens.
Brigadier General Lawrence D. Tyson commander of the 55th depot brigade of the 30th division arrived to assume duties at Camp Sevier. All staff officers assigned to Camp Sevier are at the Camp Sevier staff. Company A first North Carolina infantry with 190 men reached Camp Sevier yesterday afternoon.
Washington plans for a huge patriotic parade on September 4 with President Wilson at the head. The procession will include the entire cabinet and leaders from the Senate and House, plus numerous organizations marching in support of the draft effort.
Carolina B and L Association announces a new series starting next Saturday at 123 Princess. L W Moore serves as secretary. Advt.
London reports August casualties total 69,811 across fronts. Killed or died of wounds include officers 1,278 and men 10,942. Wounded or missing cover officers 4,122 and men 43,469.
Saturday times show 5 46 and 6 38 sunrise and sunset. The Carolina association opens a new series next Saturday at 123 Princess. Moore, secretary Advt indicates the advertisement notice.
Stage of water in the Cape Fear river at Fayetteville North Carolina measured 3.0 feet at 8 a m yesterday indicating current river level conditions in the area.
A New York dispatch sketches theater hurdles for a stage version of A Scrap of Paper by Arthur Somers Roche as producers fight to keep a crucial paper from blowing out a window. Includes Broadway anecdotes about city life and a witty exchange with a typhoid inoculation jab.
Washington reports fix of 2.20 dollars for No 1 Northern spring wheat as producers observe record highs since the start of the war. Prices show a steady climb from 1909 to 1917, with the average producer price around 1.07 per bushel across 1908-1917. Chicago bakers say 2.20 will not revive the five cent loaf, allowing bakeries to continue operations.
The 10th annual Southern Checkers Association tournament finished with F B Fishburne of Columbia, S C, winning the South championship. Sam Hill of Charlotte took second place and the event highlighted bylines from Associated Press.
Polish Council of State is dissolved amid foreign policy tensions. Berlin reports say Reichstag committees push for a truly representative Polish assembly and a responsible ministry while pan German press calls for withdrawal of German forces and questions the kingdom plan. Some Polish factions favor union with the Habsburgs.
Swiss cities Bern Zurich and Basle witnessed a half day strike by workmen protesting high living costs. The action, organized by Socialists, warned of a prolonged stoppage affecting municipal services like gas and electricity if results fail. The dispatch noted Norway limits spending at public houses to five cents per visit.
James F. Tripp and Edw F Noe announce a mutual dissolution with effect August 25 1917 Edw F Noe to continue the business formerly run by Tripp Grocery Co All bills to be presented to Edw F Noe and all debts payable to the Tripp Grocery Co are to be paid to Edw F Noe signed J T Tripp and Edward F Noe August 30 1917
Foreclosure sale under a mortgage by Gracie Waters and James Stern to P. Waters. On October 1, 1917 at 12:00 m the Cape Fear Township property described as a block bounded by McGuire and Hawkins lines will be sold at public auction at the courthouse door in Wilmington North Carolina for cash to the highest bidder. The notice lists the parcel boundaries including Bob Martin Jim Allen and Peter Poi portions.
An old advertisement touts Acid Iron Mineral as a natural iron remedy for pellagra and related skin and nerve symptoms. It promotes daily doses and mentions iron compounds plus minerals, with claims of long use by doctors and hospitals.
San Francisco officials announce removal of mirrors from elevators by order of the State Accident Commission. Investigations linked mirrors to injuries from flying glass during car jerks or sudden clutch tests and to delays as women preened before descent, prompting safety measures.
The Rye Beach Club in Rye New York will host a standout outdoor swimming program tomorrow featuring two national championship events for women along with several men’s events and club activities.
Financial figures show income and outlays for the railroad company across 1917 and 1918. Entries include revenue totals and various expense line items with precise dollar amounts and balances.
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