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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Dec 28, 1917
Page
3
The New York cotton market opened firm with fractional gains amid better spillover from overseas trade. March and May futures advanced as local selling cooled, while January and March contracts showed modest rises despite mixed demand and selling pressure. overall the session closed firmer with prices near prior levels.
Spot cotton in New York on December 28 is quoted at 31.66 cents per pound for upland type. The report notes a stable market with no major price shifts and lists no additional varieties or futures activity.
The New Orleans cotton market opened irregular, with months up two points and others down two. Early advances to 13 to 15 points were followed by a gradual sag as traders realized profits. By noon cylinder prices were near yesterday, with high and low figures showing modest gains and steady close.
Market report shows Liverpool cotton prices with good middling and low middling figures. Describes receipts of 26 406 bales and close steady. notes new and old contracts with January February values and fixed price terms.
Liverpool weekly cotton report shows American prices at 31.9000 with stock 449, imports 75,000 and a total for the week of 281,600. Experts noted no change.
New York December 28 The cotton seed oil market closed quiet with spot prices for January 19.30 and March 19.35. Total sales activity listed as missing.
Chicago live stock reports show hogs steady to firm with 7000 hogs received and mixed prices ranging from 14.50 to 16.85 per cwt. Cattle offerings also about 7000 with cows and heifers at 8.50 to 15.75 and calves 8.50 to 15.75. Sheep and lambs strong with lambs 12.75 to 16.79 as buyers bid up weaners and stockers.
Grain market shifts in Chicago as December prices drift due to exchange notice of proposed reduction. Corn bids ranged down then up with May at about 1.24 to 1.26 per bushel. oats and hogs influenced by contract sales. Provisions moved with the general price swing as traders weighed futures and spot bids.
Turpentine firm sales 421 2, receipts 392 shipments 124 stock 26305. Rosin firm sales 1062 receipts 1903 shipments 600 stock 43252. Quotes list grades from B to WG with prices from 6.10 to 7.75.
Washington D C December 27 It is estimated total death rate per year in the present war does not exceed five percent of the total number engaged. The chances of being killed at a front are higher than in this country. It takes about four tons of projectiles to kill one soldier. Of 41 killed soldiers 95 percent reach field hospital. most who reach the hospital recover. The ratio of deaths by disease is about one to twenty deaths from wounds or in battle, vs seven to one in former wars.
Paris December 27 There are about 290 distinct shell types from German guns and each has at least one Allied nickname. Big high explosive shells are called Jack Johnsons Dirty Dicks Crumps Coal Boxes flower Pots Whistling Willies. Smaller shells are Black Marias or Woolly Bears. High explosive shrapnel and trench mortar shells are whizz bangs and pip squeaks. Archibalds are anti aircraft shells. Ordinary shrapnel projectiles are Little Willies.
Burton J. Hendrick explains the origin of the destroyer and its role in naval warfare. The torpedo boat threat prompted a fast light ship named the torpedo boat destroyer, which proved its value by eradicating torpedo boats and evolving into the standard destroyer in modern fleets.
Dec 28 New York price action shows rail shares advancing 1 to 2 points in early trading led by grangers and New York Central with Chicago and Alton lifting rail values 4½ points. Utilities and oils also rise as market breadth widens in afternoon trading with Liberty bonds steady and several names like American Sugar Refining and United States Steel posting gains.
Grand Admiral Von Tirpitz warned Essen listeners that Germany faces ruin without increased power indemnity and security amid a postwar economic war. He cited England's colonial gains and maritime supremacy as reasons for Germany's grim prospects and global humiliation.
The war office reports in the Argonne a repulsed enemy surprise attack. Artillery activity on the Meuse right bank around Courieres wood and Bezonvaux remains lively with enemy concentrations dispersed. Belgian front shows little activity. Dixmude sector artillery fighting was intense. Army of the East notes December 26 without notable events.
An ongoing earthquake in Guatemala City causes heavy destruction and shelter shortages. Water mains break and sanitation deteriorates while relief work begins with the American Red Cross raising funds and offering aid. Americans and other foreigners are reported safe.
Paris press warns of a gravity filled peace bid from Germany and Austria. Commentators question Entente aims and urge clear end goals amid Russian shifts and renewed pressure from the front.
A wartime letter from Saarlouis describes German troops from Prussia being marched to the front under armed guard likened to criminals. It depicts detachment arrival, guards marching beside and behind, and townsfolk barred from the area as soldiers depart amid shame and propaganda.
Haig submits names of personnel serving on the Western front deserving special mention. The London Gazette publishes the list featuring many Americans attached to the American army nursing corps. Boston Arena hockey team to tour West and Canada in February with games across major cities. American League batting averages show nineteen players hitting .300 or better.
A pamphlet titled The Hair and Its Care accompanies each package, presenting Pompeian Hair Massage as a treatment beyond a mere tonic for stubborn dandruff. The wording targets readers who have tried many tonics without success.
Chicago dispatch reports a blast at the Inlarid Steel Company furnace in the Indiana Harbor plant. The facility caught fire and officials say casualties include a large number of injuries with potential fatalities. War munitions were being produced at the time.
Santa Claus of the Red Cross visits service members on guard and duty through Christmas. He ensures no one is overlooked and each fighting man receives a suitable, useful gift.
The twenty-ninth annual New York Poultry and Pigeon Show opens at Madison Square Garden with directors aiming to boost public interest in poultry raising as a step toward improving the food supply. The exhibit features eight poultry and pigeon classes and offers 20,900 dollars in cash prizes. The report notes a potential match between Kid Williams or Johnny Ertle against champion Pete Herman after recent bouts in Baltimore.
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