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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jan 30, 1917
Page
3
New York cotton futures opened steady and declined amid liquidation and selling pressure from Wall Street and foreign sources. May neared 17.29, other months fell, with spot, London statistics, and tide of orders shaping a quiet day. Wilmington naval stores prices and receipts logged tar and crude volumes.
The New Orleans cotton market opened steady with March at 16.81 and May 14.14, July 17.02, October 16.10, December 10.22. Early trading saw active months slip 10 to 14 points amid lower cables and rumors of a German death message, but demand improved to leave active months down 1 to 6 points at noon.
Gotham Spot reports January 30 steady New York market with middling upland cotton at 17.35 cents per pound. Sales listed as WW bales.
Spot cotton in New Orleans on January 30 shows steady market with the range from good ordinary at 15.57 to strict good middling at 17.69. Spot sales total 555 bales with arrivals and receipts of 4,592 and stock at 467,618 bales.
Liverpool reports spot cotton in moderate demand with prices easing and mixed futures. Chicago wheat futures rise on weather fears and export demand while corn and oats advance slightly, with cash wheat in Kansas City quoted around 1.75 to 1.79 for No. 2 hard and red.
New Hanover shares fall to a record low as weakness spreads to rails including St Paul Norfolk and Western and Chesapeake and Ohio. Bethlehem Steel and United States Steel advance amid mixed trading with broad activity in low priced rails and several industrials. total volume 568,200 shares.
Turpentine firm with 51 sales and 144 receipts while rosin shows 1 205 receipts and 740 shipments. Reports list stocks at 16 730 for turpentine and 79 593 for rosin with price quotes ranging BE through WW from 6.15 to 7.05.
Market notes show butter and eggs largely unchanged across cities. Chicago receipts 3,847 cases of firsts and related prices. Kansas City and St. Louis report stable poultry and butter. New York dairy prices steady with varied grades. mercantile paper and bond rates listed.
Cattle receipts around 1,100 with steady to higher demand. Prime fed steers 11.00 to 11.75 dressed. beef steers 8.50 to 10.90. southern steers 7.00 to 9.50. cows 5.75 to 9.50. heifers 7.00 to 11.00. stocks 6.75 to 10.00. bulls 6.50 to 8.50. calves 7.00 to 12.50. Sheep receipts 8,000 with higher clearances. lambs 12.50 to 14.50. yearlings 11.75 to 12.50. wethers 10.00 to 10.60. ewes 9.75 to 8.35.
Livestock markets in St Louis and Chicago report steady to higher receipts. Hogs in St Louis 1 400 head and cattle 5 500 with varied steer heifer and cow prices. Chicago hogs 38 000 with mixed classes steady to firm and sheep receipts 10 000 strong with lambs to 14 50.
New York on January 30 reports raw sugar barely steady with centrifugal 4.89 and molasses 4.02, refined steady at 6.75. Futures showed modest firmness early with light trading as Cuban statistics appear bearish. at noon prices rose about 2 points.
The cotton seed oil market in New York closed strong with spot at 12.55 bid and progressive February to September prices ranging from 12.35 to 12.85. Total sales reached 10,500 barrels.
United States Steel Corporation announces an extra quarterly dividend of 13.4 percent along with the regular 11.4 percent for the last quarter of 1916. The totals for the year reach 83.4 percent in common dividends.
New York coffee market reports Rio No. 7 at 10 cents per pound. Futures hold steady with March at 8.53 and May at 8.62 as of January 30. Market observers note stable trading and limited near term movement.
The Senate Naval Committee ordered a favorable report on Dr Cary T Grayson the President Wilsons naval aide and personal physician for medical director in the Navy with rank of Rear Admiral The committee split along party lines with Lodge and Poindexter leading the opposition
The Hill 304 area northwest of Verdun shows continued combat in the last 24 hours. German and French reports say French attempts to retake lost ground remain fruitless while Crown Prince troops repelled attacks. Paris notes a German grenade attack halted by French gunfire and says French airmen shot down three German planes.
Weather report notes the Cape Fear river stage at Fayetteville North Carolina at 8 am yesterday measured eight feet with flood risk.
Goldsboro police asked to search for Joe Smith of Snow Hill wanted for alleged misconduct with a 13 year old girl near a school house. A warrant has been issued by Snow Hill authorities for his arrest.
New York January 30 the government filed a Federal Court suit against the Pan-American Commission Corporation Sol Wexler and others alleging conspiracy under the anti trust laws to restrain interstate and foreign trade in sisal and to raise sisal prices nationwide.
OCR fragment provides scattered references to sunset times and dates but lacks coherent context or identifiable entities. Unable to extract a readable event or involved organizations from the text.
A circus featuring all female performers from clowns to equestriennes is planned for Madison Square Garden in early spring under the Vacation Association of America. The event highlights female artistry and family entertainment.
Major Henry S. Barrett of the Fourth Infantry Maryland National Guard was suspended from rank and command for one year by order of President Wilson for alleged criticism of National Guard service and officers. He was tried by general court martial at Richmond and sentenced to dismissal. the sentence was commuted to suspension on the recommendation of the judge advocate general and the Secretary of War.
Washington January 30 The Interstate Commerce Commission hearings on protests to valuation figures for the Atlanta Birmingham and Atlantic and Texas Midland railroads continued with a lengthy presentation by counsel. The fourth question asks whether properties owned by a railroad but not used should be valued and whether lease rights over other roads’ tracks should be considered.
The Yale University corporation ratified the executive board's recommendation to admit women as candidates for the degree of master of arts, expanding eligibility for MA at Yale.
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