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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jul 02, 1917
Page
3
Market review notes renewed strength early due to South conditions and foreign buying orders. Prices swung with July to December contracts, spot cotton in New York and New Orleans offering mixed signals, and overall market closing steady amid light offerings and regional anxiety.
Washington July 2 plans to push the 1919 cotton crop to a record level are halted by labor shortages and rising costs. The Agriculture Department forecasts 11,633,000 500 pound bales for the season, based on 70.3 per cent condition and 34,600,000 acres. State acreage and condition details follow, noting labor emigration and weather as key factors.
After a week in session the grand jury submitted its report to Maj. W. N. Harriss. The panel offered tenets for prison oversight, road and street improvements, and public safety, including enhanced culverts and widened roadbeds at key crossings.
Raw sugar prices in New York showed a steady start then eased under liquidation as spot offerings were more liberal. By noon, prices were one to three points lower, with later covering lifting some bids. Closed irregular, 3 points lower to 3 higher. September 5.50, December 5.37, January 7.08, March 4.90.
New York traders see coffee futures trading firm with September at 1.79 and December near 1.79 as the market absorbs supply data and demand signals from Latin America.
An unusually light Recorder's Court session docketed three trials this morning but only 66.2 percent of offenders appeared. Robert Grady failed to answer on tax ordinance charges. a capias was issued. William Pearce was arraigned but the case remained open. A no pros was taken in P McLaw's pistol firing case.
Water level on Tuesday at 8 a.m. measured 10.2 feet on the Cape Fear River at Fayetteville North Carolina. Captain Charley Herzog served as acting manager of the Giants during Pilot McGraw's sixteen day suspension.
The article notes the largest audience yet at the Assembly with speakers including E L Wolsingle on music, Mrs W J Jones speaking on missionary endeavor, E L Middleton leading Sunday school discussions, and Dr William Louis Poteat delivering The Thirty Silent Years of Jesus. It also mentions Ty Cobb's expected rise among American League batters once he sees the ball.
An advertising notice urges customers to phone grocers or druggists for a dozen bottles of Shivar Mineral Spring water from Shelton South Carolina. Satisfaction guaranteed or money refunded on the first dozen used. Crescent Candy Drug wholesale distributors for Wilmington place the ad.
Secretary Daniels announced residents on the old James town exposition site must vacate by August 1 as Hampton Roads becomes a major naval base. Plans call for a training station for 10 000 recruits and rapid construction of barracks hospitals and other facilities to support 100 000 recruits.
Notice that the freight warehouse of our companies in Wilmington North Carolina will be closed Wednesday July 4 except between 9 and 10 a.m. for delivery of perishable freight. B F Allen agent Seaboard Air Line Railroad Co H H Elliott agent Atlantic Coast Line Railroad Co
Chicago July 2 C Beard cashier for National Tea and Coffee Company was held up by five bandits and robbed of between 15000 and 20000 today. The men escaped in an automobile.
The firm of W. R. Dosher & Co. announces Hall Whitney, a practical experienced man, will handle all work in the senior member's absence.
The Superior Court of New Hanover County is notified of a divorce action filed by EB Sloan against Mary Louise Sloan on adultery grounds. Mary Louise Sloan must appear at the September 2 1917 term in Wilmington NC to answer or demur to the complaint, or the plaintiff will seek relief.
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