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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Feb 21, 1917
Page
3
New York Feb 21 trading in cotton shows holiday and market pause with modest gains in some new crop months. Spot prices were firmer while futures eased and then steadied as rains in the east influence sentiment amid thin early turnover.
Orleans traders opened with a tentative tone and cotton futures moved from a 2 to 6 point swing before closing near their session highs. The market showed little decisive trend as nearby quotes hovered around 15.60 to 16.20 with modest gains late in the day.
New Orleans report shows spot cotton mainly unchanged with varying bids for different grades. Prices range from good ordinary near 14.69 to strict good middling around 17.40 with receipts totaling 20, stock at 489,392.
Liverpool market notes report cash middling good at 11.22 with mid wing 11.12 and low middling 10.94. Sales reach 1,500 for spec export while receipts total 6,000. Prices steady with a list of month and future figures through next year including February 10.77 and March-April 10.71 among others.
New York February 21 reports mixed oil market quotes for cotton seed with spot and futures ranges. Total sales reach 25 100 barrels as February to September contracts fluctuate across mid 12s to low 13s.
Amid thin trading sugar prices retreat from earlier highs. Analysts note guidance from producers and revised demand forecasts as March and May dates loom, while July contracts edge lower on supply concerns and tentative factory recoveries.
Mercantile and commercial paper rates listed with sterling and franc exchange figures. Time loans, call money, and railroad indices noted amid fluctuating market conditions and closing bids.
Turpentine quiet at 48 1 2 cents per gallon with 61 receipts and 14 336 in stock. Rosin firm with 303 receipts and 82 479 in stock, quoted as B D E F and G 6.00, H 1, K and M 6.20, N 6.35, W G 6.45, W W 6.70.
New York February 21 Butter and eggs markets update with irregular demand. Butter receipts 14 814 pounds with creamery highs 44 to 44 1 2, extras 92, firsts 38 1 2 to 43. Eggs receipts 7 789 fresh gathered extras 47, firsts 46 1 2. Cheese receipts 2 202 state held specials 26 to 26 1 4, average 25 1 2 to 25 3 4. Dressed poultry prices: chickens 18 to 29, fowls 18 to 24, turkeys 20 to 34.
Coffee futures ease in New York trading with Rio coffee No 7 at 798 for March and 2.5 for July while nearby contracts show softer prices amid quiet activity.
Bearish sentiment spread in Chicago trading as railway prospects failed to lift prices. May wheat slipped toward 180 while July edged 150 to 151. Projections of larger U S shipments pressured corn as buyers stayed scarce. Oats weakened with the cereals as a major elevator firm led selling. hogs rose, lifting provisions but demand remained tepid.
The new golf rule for amateurs apparently has not altered Walter J Travis Simon Pure standing. Although a golf architect he continues to compete in the amateur ranks.
A vintage health ad urges starting the day with hot water mixed with limestone phosphate to cleanse the stomach liver kidneys and bowels. It claims internal bathing removes poisons aids digestion and improves vitality and skin cleanliness.
The PHN 1ES announces the unconditional release of pitcher Charles A. (Chief) Bender from the Philadelphia National League Club. He reportedly has offers from the Columbus Indianapolis and Kansas City clubs of the American Association.
Mr. Leslie R. Hummell of James & James Inc leaves tonight for Washington D C to attend a National Life Insurance Company of Vermont meeting for agents who sell and pay for 100000 dollars of business yearly. The trip is awarded to those meeting the target and Hummell is among the attendees.
Brigadier General Ernest A. Garlington, longtime inspector general of the U S Army, closed his active career today and was transferred to the retired list due to age. Colonel John L. Chamberlain succeeds him as inspector general. Garlington, a South Carolina native, earned his college degree at the University of Georgia.
A fragment notes Thursday sunrise and sunset times with a listed 6:49 am sun rise and followed by unclear sunset data. The readable element records a single time entry and an index 6292.
Among the ten youngsters to be tried out by the New York Yankees this spring are Bob McGaw the crack pitcher of the Colorado university team and Chick Knaupp a likely looking second baseman from the Shreveport Texas league team. Eleven of thirteen presidents of the United States Golf Association have been Eastern men. The only Western heads of the national golf organization were Frank L Woodward of Denver and Silas Strawn of Chicago.
Not much chance remains for Johnny Evers to switch from the National to the American League. At least three National teams Chicago Philadelphia and Cincinnati will refuse to waive the Boston second baseman.
The Stage of water in the Cape Fear River at Fayetteville North Carolina at 8 a m yesterday stood at 10.1 feet and was rising slowly.
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