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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Dec 19, 1918
Page
7
New York cotton opened steady gaining 22 to 34 points with December rising to 20.85 after the call. January touched 27.87 and March 26.49 with near term premiums rising as census ginning figures expected tomorrow. Trading softened slightly but prices hovered near best levels as Liverpool buying and trade shorts covered.
New York market reports steady opening with cotton futures on January 27.50 for January, 26.45 for March, 25.50 for May, 24.70 for July, and 22.85 for October. The note indicates a cautious start with modest gains and losses across typical delivery months.
New York cotton markets closed steady on December 19 with futures at January 27.95, March 26.53, May 25.52, July 24.65, and October 22.63. Buyers and sellers awaited further market cues as the session ended.
New York market report notes spot cotton steady with middling grade at 30.50 a pound. No additional contracts or futures mentioned.
The New Orleans spot and export market showed a favorable outlook with prices advancing 29 to 39 points in early trading. After brief declines on profit taking, renewed buying pushed prices higher, with near positions outperforming distant ones and a net gain of 29 to 76 points at noon and around 23 to 58 points by the late session.
In New Orleans on December 19 cotton futures showed gains as prices rose 22 to 8 points across contracts. January settled at 27.20, March at 7, May 25.28, July 24.54 with steady demand noted.
New Orleans spot cotton shows no change with sales on the spot at 684 to arrive 2,168. Prices: low middling 23.463 cents, middling 29.38, good middling 9.38 cents per pound. Receipts 8,589. stock 449,785.
Chicago market bulletin shows butter unchanged and eggs higher with 325 cases receipts. Firsts 63 14, ordinary firsts 59 61, marked cases 60763. Potatoes unchanged with 343 receipts. Poultry alive higher with fowls 20 26, springs 24, turkeys 31.
Mercantile Paper rates show 60 day bills at 4.73 percent for sterling and about 4.72 percent for commercial notes. Demand and cable exchange quoted around 4.7580 and 4.76. Time loans eased with bids near 5 percent for 60, 99, and six months.
Raw sugar in New York on December 19 shows centrifugal at 7.28 and fine granulated at 9.00 per hundredweight. The market notes Blea'ly spelling variation.
Butter steady with receipts of 3555 tubs and creamery above extras at 70 70 percent. Eggs irregular with 805 cases received. extras 71 72 cents per dozen and regular packed 68 70 cents. Cheese firm with 1073 boxes. fresh specials 15 37 and average run 36 36. Live poultry steady with chickens 27 to 29 cents, fowls 28 to 33, old roosters 21, turkeys 35 to 42 cents.
Corrected daily market notes list cash prices for corn beef pork bacon lard hides eggs butter potatoes apples onions beans and other staple goods. Wholesale and retail figures show grains meats produce with ranges and unit prices across categories.
An irregularly toned market opens with small changes in many issues. Large caps show limited gains as rails hold, while steel and tobacco listings move and several issues slip on the session, ending on a weak note with continued volume and mixed signals from key industries.
San Juan reports a severe rice shortage compounding a flu epidemic with many deaths linked to hunger. Four ships with rice were delayed or diverted to Europe, while local stocks have been exhausted. sugar mills scramble to feed workers as relief delays loom.
Chicago reports modest drops as absence of aggressive buying weighed on corn and related grains. Prices moved within narrow ranges with January corn around 1.36 and May near 1.34 to 1.45, while oats pork lard and ribs showed limited strength and unsettled futures.
Chicago prices show steady packing hogs with receipts at 43 000 and butchers and other grades ranging from 16 60 to 17 80. Cattle receipts total 19 000 with steady to slow demand for calves and low opening prices for beef cattle and cows, while lambs and related classes vary by grade.
Market briefing records mixed commodity prices with currency quotes and futures figures. Notable entries include December American, futures closed February at 18.79 and 20.08, January 516.85, and March at 17,027 AP.
Miss Emma K. Hetrick who died December 9 left Ada R. Hetrick as sole beneficiary with power of attorney and declared the prior October 1 will null. Bequests to Jennie, Harry E. Hetrick, Mary Smoke, Malcolm Smoke, and Ethel Maggie Moyer are noted with accompanying mottoes.
Alfred Becker deputy attorney general of New York testified before the senate judiciary sub committee investigating beer and German propaganda. He examined expenditures of German agents in the United States from 1914 to 1917 and had access to bank records. He was prepared to discuss Bob Pasha operations and the session was expected to adjourn for Christmas recess after his testimony.
President Wilson received an address of welcome in Paris from the Central Union of French Agricultural Associations representing 2,500 affiliated groups. The speech notes the rural classes’ role in Allied victory, details conditions facing French agriculture, and urges protection and a conference to resume development in the war devastated regime.
London and the Dover seaside greeted Field Marshal Haig and five British army commanders with flags and cheers as he returned home for Christmas. The reception at Charing Cross and Buckingham Palace featured Lloyd George and cabinet members, with a royal luncheon and improvised holiday closures across Dover.
Harbor to Miss Iva Goodenough a 15 year old school girl and later Marian Grey ran a matrimonial agency in Chicago after a 1908 divorce. Court records reveal use of mail fraud charges and letters linked to a murder case. Piper denies knowledge of Miss Weichman's death and claims an alias was used in a 1916 marriage in Rensselaer Indiana. Sheriff Stauffer says the case is circumstantial and Piper’s identity is not legally proven.
Paris dispatch reports Premier Clemenceau and Colonel House meeting President Wilson at the presidential residence for over an hour. Wilson plans a brief drive with Mrs Wilson, and he may not visit London at Christmas, choosing to dine with American troops. The Matin compares the Italian king to Wilson in Parisian welcome.
A World War I era fragment recalls Private Merritt wearing long pants in combat. It notes his respect for enemy machine gun prowess and his puzzlement at being targeted by gas attacks. It mentions sending admission blanks to his sister-in-law after each gas exposure.
The executive committee of Berlin and suburbs soldiers and workers' council plans resignation, to be replaced by an assembly elected body. Messages from Berlin report bitter attack on Premier Ebert and indicate a shift in leadership for the empire.
Mrs. Vincent Astor describes American women in Bordeaux who manned canteens, cooked, danced, washed dishes, and aided wounded soldiers. She and Mrs. Henry Russell led YMCA welfare work for 18 months, distributing candy, cigarettes, coffee, and entertainment to thousands of sailors and troops near St Mihiel and the front lines.
A wartime remark discusses British and Allied positions in Russia. The speaker cautions against abrupt withdrawal lest barbarian forces expand across the country and threaten imperial resources, arguing a measured pace preserves moral obligations and mitigates wider risks.
The New York state inquiry traced Bolo's finances through three firms G. M. Amsinck and company Royal Bank of Canada and J P Morgan and company. He testified that German propaganda extended through South and Central America Mexico Cuba Porto Rico Spain Holland and the Scandinavian nations and into all nations at war with Germany.
Minnie J Grinstead is described as the first woman member of the Kansas legislature a licensed Baptist preacher and a notable worker in the W C U highlighting her trailblazing role in religion politics and civic service.
Rome December reports note no official plans yet for hosting the American president and Mrs Wilson during their forthcoming Rome visit. The Quirinal palace shows modest state rooms though private apartments have improved since Victor Emmanuel. The old papal chapel serves as a memorial, while the nursery and king’s private rooms overlook a garden with St Peter’s dome visible nearby.
The Esthonian provisional government announced it has placed the republic under the common protection of the Entente powers pending the peace conference decision. The premier cited Bolseviki pressure from the east and difficulties for Esthonian troops defending the former Russian Baltic province.
Fresh grated cocoanut cot tage cheese sweet cream and but termilk daily priced to drive sales. Sweet milk five cents a quart. Warren's Creamery at 20 N Second St offers a drophead sewing machine for 12.50 with money back if not sewing perfectly located at 109 South Second Street.
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