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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Dec 26, 1917
Page
3
The New York cotton market closes with strength in the futures, led by the position March high and May rising, while Liverpool and nearby months show limited activity. Spot cotton in the South sits around 1.50 and Wilmington naval stores report rosin at 3.50 and tar at 3.50 to 3.17, with receipts listed for cotton and tar.
New Orleans cotton traded with a higher tone at the open as sellers offered against January futures, with early gains of 16 to 24 cents pending. Spot cotton in New Orleans rose 12 points. sales on the spot reached 5,446 with arrivals 1,026 bales and receipts at 2,542 bales.
Livestock market in Chicago shows varied bids with hogs at mixed 16.65 to 17.30 and receipts around 12.60 to 15.90 for pigs. Cattle and calves: native steers around 7.45 to 4.46, feeders and cows 6.65 to 5.50, lambs and sheep weak amid large 19,000 sheep receipts.
In New York on December 26 cotton seed oil prices were steady with spot at 19.00 per barrel and near term bids at 19.10 and 19.26. Trading activity showed some interest but overall volume remained light.
The report details corn and oats price movements with January figures and short-covering activity. Hog provisions and receipts are noted as influencing market direction, with specific bids listed for corn and rib prices and various futures notations.
Chief Nathan J. Williams presents a list tracking arrests on Christmas Day over the last 18 years and compares numbers of drunks. The article also includes stock market tidbits and a long feature on Christmas customs in various countries.
County workhouse superintendent H Mack Godwin reported a Christmas parole of 16 inmates to return by noon. He called roll at 12 o clock and all answered, reflecting a state prison tradition where many inmates usually return after holiday releases.
In French service, George Van Kemmel, a machine gunner, is awarded the Military Medal and named Chevalier of the Legion of Honor for solo captures of German blockhouses and enemy guns. He advanced from shell holes toward trenches, disabled a machine gun with grenades, bayonetted a foe, and held an exposed gun position alone before his comrades arrived. He repeated his solo boldness after four months, seizing another blockhouse despite enemy fire.
A compact list presents nominal and ranged prices for grains and meats. Items include oats No. 3 white and standard grades, rye No. 2, barley, timothy and clover, plus pork products such as lard and ribs with stated per unit values and ranges.
William Dennison Stephens California governor and former congressman marks his 58th birthday as he continues loyalty to the nation. Born in Ohio he taught school and later moved to Los Angeles in 1887 where he built a career in city service, education, and engineering.
The Board of Trade Labor Gazette reports a roughly 25 percent wage increase in German industry by end of 1916. Official statistics show food prices up 116 percent from July 1914 to June 1917, reflecting a sharp cost of living rise.
Arab soldiers in the Turkish armies have deserted in great numbers over recent months, with reports from Palestine. Retaken deserters face severe penalties, including public hangings as a warning to others, one in ten executed and bodies left exposed for a long period.
New York columnist recalls a boy with a withered arm and hopeful eyes who cherishes simple joys over material gifts. The narrator reflects on personal sacrifice as Christmas nears and a fur coat is given to someone else so the boy can have a meaningful holiday.
Lord Cunliffe will end his five year term as Governor of the Bank of England next March. The court will recommend Sir Brien Cokayne, the current Deputy Governor, as his successor.
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