Cotton prices quoted in late trading at 6 cents
Market review notes a 6 cent cotton quote in the late trading session. Marine and weather updates accompany the Cotton summary with brief market context.
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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Feb 12, 1917
Page
3
Market review notes a 6 cent cotton quote in the late trading session. Marine and weather updates accompany the Cotton summary with brief market context.
Liverpool Feb 12 cot ton spot prices show Good middling at 10 85, middling at 10 57 with futures for Feb through next year listed firm. Reports note 1 000 bales available for speculation and export and no receipts recorded.
Turpentine and rosin prices and activity reported with mixed sales and receipts figures for the Savannah market. The note lists various grades and letter codes, with quoted prices around 6.05 to 6.60 for turpentine and rosin, and overall receipts totaling hundreds.
Chicago on February 12 reports the Chicago Board of Trade and major grain exchanges closed in observance of Lin Gin's birthday. The move affects trading activity across the United States as markets pause for the holiday.
Chicago and Kansas City reports show butter and eggs unchanged with receipts of 12 cars in Chicago. St Louis lists poultry prices with hens at 18 1 2 cents and creamery butter at 42, eggs at 40 1 2 cents.
Chicago Kansas City and St Louis report mixed cattle and hog receipts for February 12. Hogs and light pigs rise in Chicago with steady cattle and weak sheep. Kansas City shows steady hog and cattle markets with strong calves. St Louis records higher hogs and steady cattle and a strong sheep trade with lambs and ewes quoted.
A fire in Wynnewood Oklahoma destroyed 4000 tons of cotton seed worth about 200000 in the South Land Cotton Oil Company warehouse. The cause is undetermined and no injuries are reported. Nearby citrus losses from a cold wave affect Florida, with 2,000,000 boxes of oranges and 740,000 boxes of grapefruit lost.
In Wilhelmshaven Dr Gustav Stresemann told a Rotterdam dispatch that German ships in American ports will be made unusable for some time. He said German submarines work is boosting the army for the coming spring campaign.
Washington reports Minister Gonzalez in Havana says revolutionary activity exists but President Menocal has the rebellion under control. Three lieutenants detained at the National Palace, four others aboard a Cuban gunboat. Opponents labeled as responsible by the Menocal administration amidst a presidential race.
Viscount Motono Japanese Foreign Minister approved China’s attitude toward Germany as stated in its reply to the German note on unrestricted submarine warfare. The move, reported in papers, aims to uproot German influence in the Far East and aid the Entente.
By a 281 to 19 vote the House allowed consideration of a Naval bill amendment to spend 1 million dollars to buy basic airplane patents for the government and to empower government to take over private ship and munition plants if needed.
An executive order signed by President Wilson aims to exclude spies and other undesirable persons from the Panama Canal Zone and grants the Governor broad power to regulate immigration. The measure also provides canal protection, allowing expulsion of criminals or anyone seen as a threat to public order or canal operations.
Repair work on the Fourth Street Bridge will start Wednesday and be rushed to early completion. The contract was let to Hyman Supply Company for 1538.20 dollars. Wilmington Iron Works bid 1900 dollars and Cape Fear Machine Works bid 1800 dollars.
San Antonio Texas Feb 12 The A troop South Carolina Cavalry A Company Engineers and South Carolina Field Hospital are en route home to be mustered out of Federal Service. Tennessee Field Hospital and Ambulance Company left El Paso yesterday and the Second Virginia Infantry began moving from Brownsville to Richmond Virginia.
Washington reports the Post Office Department told Congressman George Hood the plan to pull the railway postoffice from trains 48 and 49 between Wilmington and Norfolk on Sunday has been dropped. Hood and Senator Simmons protested that the trains serve many towns along the route providing Sunday papers.
Paris reports two night raids on the Verdun front north of Hill 304 and in the Argonne with mines exploded at Berry Au Bac Hill 108. British attacks on German trenches from Serre to the Ancre were repulsed. Russian front notes raiding and outpost actions with mixed results across Borovoi Olyn Smorgon area and Dniester crossings.
Illinois observes the birth anniversary of Abraham Lincoln with tributes from civic, educational and fraternal groups. Banks, courts and public offices close as audiences hear praise for the martyred president and the Grand Army Memorial Association leads the day’s events.
Mortgage sale under three Wilmington area deeds set for March 117 with specifics of Lot 3 Block 355 in New Hanover County. Town Topics itemizes a child burn incident, ship decorations for Lincoln's birthday, a deed filing, and a death from natural causes investigated by local officials.
At a Monday 11 am Wilmington Red Cross meeting in the Germania Club rooms a mass gathering will outline wartime work if the United States enters the European conflict. A campaign to raise membership from 350 to 1,000 was approved with a committee to form affiliated squads and prepare field service.
Secretary Meares Harriss announces a Tuesday Rotary Club meeting at the YMCA. Although it is the club’s regular gathering, organizers say it will not be a standard session and members with play tickets are asked to report and help raise funds. All members are urged to attend.
Dope fiends have robbed numerous downtown doctors and dentists of hypodermic syringes, cocaine, strychnine, and other medicines over several days. A secret service agent has been requested to investigate and is expected to arrive soon. Names include Dr. M. H. P. Clark, Dr. E. S. Bullock, Dr. J. W. Stanley, and Dr. N. A. Culbreth among others.
Fragmentary OCR mentions a sun time riddle with a reference to a Tuesday and a 6:59 time. No clear event, persons, or organizations are identifiable.
Two freighter sailors arriving in New York on the Morro Castle say a German submarine entered the neutral Canary Islands harbor of Las Palmas on December 6 and sank the Greek steamship Spyros after warning the captain to abandon ship within 40 hours. The Spyros had been towed to a Spanish port after being torpedoed while en route from Buenos Aires with grain for Hull England.
The new telephone directory will go to press in a few days. Anyone wishing to place changes in current listings or subscribe to the new directory or advertising should notify the Manager's office promptly. Southern Bell Telephone and Telegraph Company.
Washington February 12 Cone Johnson solicitor of the State Department formally presented his resignation to President Wilson to take effect March 1 He will return to private law practice in Texas His successor has not been chosen.
Stage of water in the Cape Fear river at Fayetteville North Carolina measured at eight o'clock yesterday morning stood at eight feet.
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