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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Dec 27, 1917
Page
3
Nev 27 The market shows a mostly weaker tone with first prices down about 27 1 2 points, March and May futures around 29.89 and 30.81, while spot activity is lively then steadies. Government rail and broker reports hint at bullish inquiry from spinners but overall demand remains cautious as prices edge lower. Wilmington naval stores and rosin tar and crude prices also listed.
Washington reports the military and naval division of war risk insurance has 194,222 applications worth 1.665 billion dollars, averaging 8574 dollars per man with a 1000 to 10000 policy. About 967 workers and rising handle 34 thousand letters every six days as Willard Streight leads the effort.
Spot cotton prices given for nearby grades show movements across markets. Speculators and buyers monitor futures activity as textile demand and seasonal factors influence trading.
December 27 reports show after hours trading in the cotton market with first half hour losses but a steady finish. New Orleans spot cotton rises with advances in middling and low grades and a strong sales volume in the regional market.
Seek December 27 reports the cotton seed oil market closed firm with spot at 19.10 and mentions a test for January 1995. Total sales details are incomplete in the readable text.
Receipts 16 000 hogs and sheep are steady. Prices show hogs 16 75 to 17 05 for heavy weights and 16 55 to 17 15 for others. Pigs 12 00 to 13 99. Lambs 12 40 to 14 25. Cattle and stockers 5 20 to 11 30. Market closes with mixed demand and steady tendencies.
General today reported several deaths from various causes among American forces. Private Archie De Shields of the ..., Woodruff, South Carolina, is listed with pneumonia as the cause.
The Den houlder and Western Railroad seeks to abandon its operations and dismantle its line, but no order from the State Public Utilities Commission has been issued yet. The 90 mile road serves the Tungsten district in Sciller County and cites high expenses as the reason for quitting.
The Trish Air Board occupies about 60 rooms in the Hotel Cecil in London, according to local reports describing the board's temporary setup and activities.
Chicago and New York trading opened with rail nationalization eyed and corn weakening while oats faltered. Prices showed early gains in the stock market before broad profit taking pulled many issues back. the day featured notable advances for Baltimore and Ohio and St. Paul, with several copper and steel names advancing alongside pressures in the grain pits.
Savannah business houses and banks appeal to postal authorities to trace two pouches of valuable mail sent to New York on December 17. None of the mail has arrived in New York and authorities fear theft or misrouting. The loss involves more than a million dollars in securities and negotiable papers amid a rigid inquiry.
Rome reports eleven Austro German airplanes were shot down in a major serial battle after the Teutons failed to bomb Treviso near Venice. The Italian war office made the official announcement today.
A lofty Andean volcano reportedly releases small fried fish as it vents, an unusual natural spectacle drawing observers to the South American summit. Local legends and scientific curiosity mingle as researchers seek explanations for the bizarre emissions.
London reports more than 300 members of the German Socialist party were arrested on Christmas Eve by German military authorities as per a Zurich dispatch released by Wireless Press.
Porky Flynn, the Boston scrapper, said he is willing to take on Fred Fulton again after a recent beating, signaling interest in a rematch with the Minnesota giant.
Rear Admiral F A Bowles told the Senate Commerce committee that the wooden ship building program was an almost complete failure. Bowles served as assistant general manager of the Emergency Fleet Corporation during the investigation into shipbuilding.
Prof. W. K. Boyd of Trinity College arrived to study in the State library but found doors shut as heat failed across departments. An oil stove in Dr. Rankin’s office offered the only warmth in a building housing several state offices. Governor Bickett was away duck hunting, and coal supplies were tight with 30 tons used weekly. The State Board of Health urged caution on pneumonia as weather worsened and health staff missed a day at the old Supreme Court Building.
New York stocks opened sharply higher amid expectations of federal railroad takeover. Major railroad shares surged with gains from 2 to 8 points, led by New York Central up 7.5 to 71 and Union Pacific up 8.25 to 112, among others including Reading, Southern Pacific, and Norfolk and Western.
The document records President Wilson appointing McAdoo to control transportation networks, specifying compensation terms to stakeholders, permission to continue regular dividends, and limited court attachment while transfer of possession dates from December 28 to December 31, 1917. It notes the director’s authority over property and directs reporting of negotiations and actions to be lawful.
A pouch containing $5000 sent by the Federal Reserve Bank of Richmond to a bank in Columbia is missing in transit after last Saturday. Detectives work in several cities to locate the pouch and identify the person who took possession of it.
Captain Eddie Collins of the White Sox leads high priced players after Comiskey paid the Athletics 50000 for Collins contract a 15000 signing bonus and a five year deal paying 15000 annually continuing his top status in baseball salaries.
An advertising notice extols Gets-It as the ultimate corn and callus remover. It claims universal effectiveness, safety, and quick action. Available for 25 cents at drug stores or by mail from E Lawrence & Co. in Chicago, with local endorsements from Green's Drug Store and others in Willington.
Thousands suffer rheumatism unknowingly until it grips the body. The ad touts Rheuma as a cure from pharmacists or R. R. Ballamy, priced at 75 cents per bottle, claiming it costs five cents daily like a doctor and offers money back if not satisfied.
Southern Railway announces the Winston Salem Goldsboro Sleeping Car line will replace the Winston Salem Morehead City Beaufort service. The Beaufort end date is Sunday August 12 and cars will operate on trains 232-112 and 111-237. For details contact Southern Railway agents or Traveling Passenger Agent J O Jones Raleigh NC.
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