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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jan 19, 1918
Page
10
New York cotton showed length as shorts paid amid New Orleans exchange expectations for Monday holiday. March rose to 30.64 and May to 30.30 amid renewed peace rumors in Southern spot markets. Local prices cover poultry, citrus, greens, and hides with varied per-unit figures across producers and markets.
The New York spot price closed at 32.30 with buying interest described as quiet and middling for the day. Market activity appeared subdued as traders eyed futures and domestic demand.
New Orleans cotton markets climbed today by about 20.3 points as shorts sought to square positions during a holiday observing fuel regulations. The Cotton Exchange announced closure on Monday for fuel regulations observance.
New Orleans spot cotton unchanged with sales at 1768 bales to arrive 500. Low idle 29.75, middling 31.00, good middling 31.10.
Chicago reports indicate the railroad blockade is clearing and corn receipts for today and Tuesday expected to be liberal. Opening prices fell modestly then rallied slightly as Winnipeg quotations rose. Hog arrivals were larger than expected, softening provisions while overall trade remained light.
Cotton seed oil finished steady with spot at 20.30 and futures at 20.35 for January and March and 20.36 for May. Total sales reached 100 barrels.
Chicago live stock market reports show hog receipts around 4000 with prices from 12.75 to 16.85 for various weights and rough 16.15 to 16.30. Cattle and calves include native steers 8.50 to 13.85, stockers and feeders 7.00 to 10.90, cows and heifers 6.00 to 11.90, calves 9.00 to 16.50. Sheep receipts about 5000 with wethats 9.85 to 13.40, ewes 9.40 to 12.80, lambs 14.50 to 18.00.
Spirits up 46, Tar at 3.75 and 17e. Crude priced at 4.25, 4.25, and 3.26. Market quotes reflect varying vessel and transaction levels in Wilmington naval stores trade.
The message urges thrift and government support as a guiding motto for 1918. Citizens are urged to practice economy, conserve resources, and assist government efforts during the period.
Savannah market shows firm turpentine with sales 89, receipts 99, shipments 355 and stock 25 994. Rosin remains firm with sales 639, receipts 356, shipments 1 240 and stock 89 361. Quoted grades range from 6.40 to 7.70 per standard unit.
A dull session featured copper oils and a few specialties climbing one to five points while steel ships and minor rails lagged early but largely recovered by close. Trading volume neared 225000 shares with Liberty bonds sliding to 98.48 and other issues showing varied moves across major names.
Charley Shines and Hill were charged with affray after a street quarrel yesterday afternoon. They appeared before Justice John J. Furlong and were bound over to the Recorder's Court with $100 bonds each. A Recorder Harriss hearing is set for Monday morning.
New Orleans January 19 It was announced today that the New Orleans cotton exchange would be closed Monday in accordance with the fuel restriction order.
Washington Jan 19 General John L Chamberlain 60th birthday anniversary noted as a milestone for the army inspector general the post regarded as highly responsible in wartime The New Yorker a West Point graduate 1880 rose through artillery to major and chief ordnance officer in the Spanish American War He returned to the regular army in 1900 in the inspection branch and joined the department of the army in 1914 remaining at Governor's Island until January last year when he succeeded General Darrington as inspector general
The grand jury finished its investigations, filed its report with Maj. Harriss, and was discharged after a long sitting that sparked rumors about scope. It urged improvements to streets, wharves, docks, waterworks, sanitation, and police pay, plus better public facilities and oversight.
Local Green's store advertises Boschee's German Syrup as a cough remedy used for forty one years across parts of the United States. The ad claims it soothes inflamed throats and helps lung conditions, offering cents bottles for sale.
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