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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Feb 16, 1917
Page
3
The report notes Liverpool buying at 16.06 May, prices slipping to 15.93, then easing to about 15.79 as liquidations and local selling spread, with overall market steady by noon. Private cables described a very small market with higher prices on some trades, as notices approach next week.
New York spot markets report middling copper at 15.95 with limited bid and unclear contemporaneous figures. Trade activity appears quiet as market observers wait for further data from exchanges and key demand signals.
The New Orleans cotton market opened nervous and unsettled but trended higher as active months led gains. By noon prices dipped 12 to 15 points from yesterday's quotes, then closed steady with modest advances of 1 to 3 points and new figures for March, May, July, August, October and December listed.
New Orleans spot cotton steady at par with 1549 bales sold. Arrivals reported at 700 with receipts total 2,956 and stock reaching 428,525. Prices ranged from good ordinary to strict good middling with values around 15.09 to 17.58 cents per pound.
The Liverpool market shows easier spot prices with good middling at 10.96 and middling 10.68. Reported sales for speculation and export and receipts noted. futures quiet with various forward month quotes across February to March and beyond.
The cotton seed oil market closed steady in New York with spot at 12.45 and February at 12.40 to 12.70. March and later months ranged from 12.06 to 12.70 while total sales reached 8300 barrels.
New York raw sugar values firm with refined grades steady as futures advance. Active covering by shorts and strong Chinese interest boosted prices at noon with quotes 15 to 28 points higher.
Local markets report mixed pricing with items ranging from 8 35 to 40 50 to 65 cents. Analysts note small shifts across commodity lines as buyers seek value in a cautious economy.
Spirits show 48, Rosin at 5.60 and 5.35. Tar listed at 2.75 and 12 cents. Crude price 3.75 and 2.75. Cotton Tar receipts noted.
Turpentine quiet at 49c with 16 receipts and 297 shipments. rosin firm with 582 receipts and 240 shipments. Stocks stand at 19,693 for turpentine and 79,791 for rosin. Quotes list BD E FG at 6.00, H I and M at 6.20, N at 6.40, WWG at 6.50, WW at 6.75.
Money market notes show government bonds easy and call money steady with high rates. Wheat and corn fell in Chicago on weak export prospects and Canadian arrivals, while oats and provisions slumped with hog weakness. traders watched rail stocks and shipping figures in morning trading.
Liverpool reports total forwardings to mills at 6 000 bales with American share at 60 000. Stock stood at 883 000, American 742 000. Imports totaled 102 000 with American 65 000. Exports reached 14 260 bales.
George D. Grant, 40, of No 6 Queen Street, died Thursday night at Red Cross Sanitarium on Gordon Road after a illness. He was a riverman by trade. Funeral services will be held Thursday at 4 p.m. from W E Yopp’s Undertaking Establishment, with burial in Bellevue Cemetery.
Prohibition advocates in the Senate debated Senator Reed's postal bill amendment making it a crime to mail liquor to dry states. Senator Kenyon of Iowa urged striking the measure, arguing the federal government should not take drastic action now and leave the issue to others.
Judge W M Bond presided in Superior Court with multiple rulings. Walter Rogers won $100 against Atlantic Coast Line Railroad, while Armour Fertilizer Co. vs Carolina Transportation was non suited. L W Moore received $300 against William Vimes. Branch Saw Co. won $144 against Bryant Manufacturing. American Case & Registry Co. won $170 against M M Caldwell. John Graham was granted a divorce from Carrie Graham. Bertha Cameron obtained a divorce from Wallace W Cameron last week.
The British steamer Saraha en route from Cadix Spain to Baltimore went ashore early today on ship shoal eight miles south of Cobb's Island Virginia. The coast guard says the ship is in good condition but badly ashore and Saraha is in ballast.
Butter and poultry markets steady in Chicago with 4 253 case receipts of eggs. Firsts and ordinary firsts quoted around 39 to 40 1 2 cents per unit as cases included. Potatoes receipts 46 cars with regional white varieties at 2.50 to 2.70. In Kansas City on Feb 16 butter and poultry unchanged with Eyes Firsts at 38 1 2 cents.
Butter receipts 7 014 pounds with creamery prices rising to 47 1 2 to 46 1 2 and firsts 39 to 45 1 2. Eggs receipts 10 950 with fresh gathered firsts 46 and best 41 to 42. Cheese firm with state held 25 3 4 to 20 and average 25 1 4 to 25 1 2. Live poultry easier with chickens 21 to 22 and fowls 22 to 22 1 2. Dressed poultry firm with chickens 18 to 29, fowls 18 to 24, turkeys 20 to 34.
St Louis reports poultry prices unchanged with spring turkeys at 2 1 2, ducks at 21, eggs at 40 cents, and butter from the Creamery remaining steady as of February 16.
An OCR fragment notes an event dated February 16 involving Ji 2 ee ee FEE BREAHER. No additional context or details are readable.
The Bon Marche on North Front Street showcases a striking window trimmed with hosiery. The display highlights hosiery offerings and demonstrates a skirt fashioned from thin tinted hosiery, drawing favorable comments from observers.
Stage of water in the Cape Fear River at Fayetteville North Carolina stood at 5.8 feet at 8 a m yesterday. The measurement reflects river depth and navigation conditions for the period.
In New Hanover County Superior Court Bank of Pembroke and W B Cooper creditors sue C E Greenamyer and Lou B Greenamyer seeking a judgment for 2500 and 2800 dollars plus interest. A warrant of attachment and a deed void action are noted with a receiver to collect rents and preserve property. Hearing set for April 9, 1917. Clerk W N Harriss. 126-law-4w-fri.
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