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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Feb 09, 1918
Page
3
The New York cotton market opened with liquidation as first prices fell seven to twelve points. May futures dipped to 29.77 amid covering, while July and October posted declines then steadied. Spot cotton in New York priced quiet at middling 31.50.
Spot cotton in New Orleans remains steady with 4 402 on spot and 542 to arrive. Prices show low middling at 29.38, middling 30.63, good middling 51.38, while futures reflect a small decline of 2 to 6 points across contracts.
The cotton seed oil market closed quiet in New York on February 9. Trading showed no sales as March and May bids stood at 20 and 30 respectively with no transactions recorded.
Reports of increasing damage to corn from dampness and unseasonable warmth boosted prices today. May futures touched 1.25 3-8 before a brief reaction and a fresh small gain amid scarce arrivals. Oats stayed firm while provisions eased slightly.
Chicago livestock prices report shows hogs with receipts of 23 000 weakening with various price ranges including 16.35 to 16.50 for bulk and up to 16.60 for mix, cattle receipts 4 000 weak with native steers 8.40 to 13.90 and calves 9.50, sheep receipts 7 000 with wethers 10.00 to 13.40 and lambs 14.25 to 17.70.
Savannah market report shows Turpentine with 44 sales 22 receipts 148 shipments 42 stock 25659 and Rosin with firm sales 383 receipts 257 shipments 760 stock 90494. Quotes listed BD HE FG HI 6.25 K 6.70 min N 7.40 WG 7.60 WW 7.65 iv.
Snitsis reports rosin and tar prices in Wilmington with naval stores figures. Rosin listed at N. D. Tar prices 3 and 14e and crude at 4 dollars per barrel.
Two Spanish passenger ships held in San Juan Puerto Rico for five days await permission to take on bunker coal and provisions. They may be delayed indefinitely while part of the cargo of a steamer bound for South America is discharged here.
New York trading activity centers on closing of holiday contracts with gains in specialties and later broad-based gains in rails and metals. United States Steel shows modest pressure. total volume around 250,000 shares with multiple prominent names like Anaconda Copper, American Can, Pennsylvania, United Fruit, and General Electric listed among the day’s quotes.
Cloudy and somewhat colder weather is forecast for the South Atlantic and East Gulf States starting tomorrow. The forecast covers the first half of the period and notes cloudy skies with cooler temperatures for the region.
New Orleans February 93 cotton opened higher on the first call with gains of 1 to 6 points amid claims cotton would be excluded from price fixing legislation. Light rains in Texas spurred selling and by the end of the first half hour months were 4 to 6 points below yesterday's close.
In Panama on Friday February 8 two Colombians were convicted in the Canal Zone court for concealing letters and illegally exporting gold. Each was fined five dollars after attempting to leave the zone with excess gold.
General Pershing announced two more American infantry privates were slightly wounded in action on February 5 and January 30, identified asoe Pekas and Frank Chavers. Also reported were non battle deaths Lt. Frank B. Turner and Cadet Charles A. Hopkins in airplane accidents, along with Pvt. David Goldberg wounded February 3 and Pvt. George E McDowell's meningitis death.
An Atlantic Port report states a steam er in distress far out at sea sent an immediate assistance call picked up by the Cape Radio station and broadcast. Naval authorities had no information on the ship's trouble.
Buffalo experiences the first thaw of the winter along with a 12 hour rainstorm that floods streets and causes rising streams across Western New York with indications of a serious flood danger.
German general staff reports that American prisoners were captured north of Xivry ten miles east of St Mihiel in the latest official statement.
New York reports a cautious week as foreign and domestic factors influence trading. Pools drive activity in special issues while peace rumors fade and war continuation appears likely. Rail transport and fuel trends shape industrial shares with earnings favoring steel and equipment firms.
Rodgers and S J Williams faced U S Commissioner Huger after a preliminary hearing. Each was held on $500 bond for trial in Federal Court charged with posing as government agents and selling books by presumed enemy aliens to a select few at 126 dollars per set, with Secret Service involvement.
The plaintiff Carol inae of Maryland Onslow seeks an absolute divorce from the defendant on the grounds of adultery. The defendant is required to appear at the Superior Court in Wilmington on the first Monday in February 1918 and answer or demur to the complaint. otherwise the court will grant the relief demanded.
W W McKoy attorney for Mechanics' Home Association publishes a public auction notice in New Hanover County. W A Simon Annie his wife and C F Howell Jemima N Howell defaulted on mortgage deeds and the property in Wilmington N C will be sold at public auction February 15 1818 at noon at the County Court House door for cash to the highest bidder with described tracts in Block 20 and adjacent lot.
Under a chattel mortgage dated October 15 1915 from D J Prease to W M Koch the owner defaults on the note. Public auction will be held January 19 1918 at 12 noon at 20 South Second Street Wilmington to sell the described machinery and goods and all business fixtures. Mortgagee W H M Koch signs the notice dated December 20 1917.
Mortgagee Geog O Gaylord by B Campbell will sell at public auction on Feb 6 1918 at 12 noon at the New Hanover county courthouse for cash a Wilmington City lot described as Lot 4 in BI 27 bounded by Wood and Green streets and the back fence. The sale secures the Bowden purchase money under a 1911 mortgage deed.
An advertisement touts Noah's Liniment as effective for colds coughs sore throat and toothache. It is made in Richmond Virginia by Noah Products Corp and sold by dealers in 25c 50c and 1 00 price points.
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