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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Feb 14, 1918
Page
10
The New York cotton market opened steady with a tentative rise in May to around 9.45 but soon turned nervous amid light volume and late liquidation. May cotton fell to about 29.40 later, while other futures showed declines. spot cotton in New York stood at 31.20 for idling stock.
New Orleans spot and futures move after Irish January consumption figures from American mills. Early trading shows gains before settling near steady, with prices in the mid 28 to 29 cent range. The market notes Texas weather boosting demand and reports like receipts and stock at 446,328.
Liverpool market reports lower spot cotton prices with good middling at 23.03 cents and low middling at 25.0 cents. Sales total 2,000 bales. no receipts. Futures steady with March 23.27, February 23.27, May 22.11. old contracts around 21.88 to 21.70.
The cotton market closed steady in New York with spot at 19.40 and March and May at 20.60. Sales totaled 40 barrels.
Chicago livestock market update for February 14 shows hogs receipts at standings with firm bulk prices from 15.85 to 16.20, cattle receipts around 14,000 with weakness, steers 8.40 to 13.80, stockers 7.25 to 10.30, cows 6.30 to 11.60, calves 8.50 to 13.76, sheep 8,000 weak with hogs and lambs priced 10.00 to 13.25 and 13.75 respectively.
Fragmentary weather note notes unsettled conditions across the region with scattered showers and cooler temperatures. No specific locations or times are readable.
Wholesale eggs and poultry priced amid scarcity. Beef, potatoes, onions, and various produce listed with regional notes. Chicago grain shows corn, oats, and futures moves. New York stocks mixed with gains in some issues and declines in others.
Washington D C Feb 14 The Department of Commerce and Labor in the war era is examined as two young executive branches aiding war effort by maintaining home industry and mobilizing labor. The piece traces origins, key leaders, and the department's crucial wartime tasks in fuel, transport, food, housing, and employment.
Washington reports indicate American fatalities from the Tuscania raid may total about 170, with 164 already buried in Scotland. About 260 passengers remain unaccounted for while over 270 survivor names await deciphering. The AP tallies 171 unreported names after cross checks.
New York February 14 by court direction and at the request of the Federal District Attorney the jury in the treason trial of Paul C. H. Herring returned a verdict of not guilty.
Knoxville February 14 Federal grand jury returns 23 indictments against 47 defendants including coal operators dealers and brokers for alleged violations of the Lever Fuel Control bill in the East Tennessee field.
Washington reports the Bureau of Fisheries will launch a campaign to expand fish use in the South. It investigates carp culture in rice fields around Columbia Georgetown and Charleston South Carolina and Savannah Georgia, with Illinois fishermen invited to Columbia to teach carp fishing.
London reports Major General Chronicle will stay as head of the imperial staff with full approval from the war cabinet. Major General Wilson will continue as the principal British representative at Versailles.
A fire in Harvey across the river from New Orleans destroyed a tenement and two other buildings early today. Two women and a baby were burned to death while three others suffered serious injuries. Property loss is estimated at about $15,000.
Washington reports January cotton consumption at 524 083 running bales and six month total 3 318 844 running bales. January imports 36 735 bales while exports total 461 667 lint bales and 7 903 linters. Cotton on hand in consuming establishments 1 697 445 bales with spindles active 33 552 732.
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