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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jul 07, 1917
Page
3
Market notes show prices for butter, potatoes, pork, and vegetables with cautious activity. Hides and wool listed with modest bids while naval stores in Wilmington report little movement and rosin prices steady around three to four dollars.
July 7 report shows cotton futures nervous after a late advance with October at 21 points net higher and January at 26.24 as weather in the Southwest aids demand. Spot cotton in New York steadies at middling 26.70 as buyers await further signals.
New Orleans July 7 The cotton market opens irregular with little contract business. October and December lead as trades, prices slipping 26 points from yesterday’s close, then falling 12 to 15 points before midday. After a slight rise in spot quotes, active months end up 7 to 9 points from yesterday’s close.
The cotton seed oil market in New York closed steady on July 7 with spot at 15.50. Futures covered January to December with various bid and ask ranges. total sales reached 9,400 units.
July corn rose on active demand from commission houses as traders noted a two week delay in the crop. September and December contracts climbed with closing quotes near 1.55 and 1.16 respectively while wheat fell after an early drop. Oats firmed with corn, pork and lard slightly higher on light demand before a late profit-taking reaction.
Savannah naval stores reports show turpentine firm 361-2 with receipts 541 and rosin receipts 2 084. Quotations list grades E F G H I and W grades with ranges from 5.10 to 6.75, reflecting price activity across multiple resin products.
Butter firm receipts 17 487 creamery higher than extras 391-2 40 creamery extras 92 score 39 39 1 4 firsts 37 3 4 38 3 4. Eggs firm receipts 18 613 fresh gathered extras 37 38 fresh gathered storage packed firsts 36 36 1 2 fresh gathered firsts 34 1 2 35 1 2. Cheese firm receipts 11 364 State fresh specials 24 24 1 4 do average run 23 3 4. Live poultry steady chickens 35 fowls 20 turks 16 dressed dull chickens 19 26 fowls 19 25 1 2 turks 18 35.
Stage of water in the Cape Fear River at Fayetteville measured 6.6 feet at 8 a m yesterday.
Boston July 7. The Leyland liner Cestrian, a long time ship in the Boston to Liverpool service, has been sunk by a German submarine. The vessel had been taken over by the British government early in the war.
Foreclosure proceeding under a 1915 mortgage by James Johnson and Minnie Johnson to Brown, Toon & Co. will sell at public auction on July 2, 1917, at 12 M at the Wilmington Court House door. The parcel lies on Dickinson Street and Rankin Street in Wilmington, NC, Lot 4, Block 949, per city plan.
Trading begins with ar shippings and oils leading losses while motors and metals show fractional gains. Coal stocks rise with Readings and Pittsburgh coal up around two points, NY Central and Union Pacific gain, while Distillers Securities fall heavy.
New York July 7 coffee futures show September at 7.63 and December at 7.76 as riots influence trading. Futures activity remains steady with nearby months unchanged.
New York weekly clearing house banks and trust companies hold 278,452,990 in excess of legal requirements, up 173,638,670 from last week.
The impastent steamship Orleans of the Oriental Navigation Company was torpedoe d and sunk by a submarine. Four crewmen drowned while all armed guards survived. The State Department released the notice but did not disclose the attack's place or time.
A large Fourth of July turnout in Southport included a Fort Caswell armed company parade, the Jr. O U A M, and Red Cross units led by the Fort Caswell Band. E H Cameron of Burlington delivered the day’s address after remarks by local lawyer C Ed Taylor. The county board re elected M C Guthrie as superintendent amid a heated debate. Menhaden fishing slowed by winds though catch remains ahead for the season. crops suffer from heavy rains.
Richmond July 7 E K Vietor former German consul here cannot say where he will go and does not want to go to Mexico after a Washington order for German consulate leaders to quit the United States He sold his tobacco warehouse property for 100000 His son Fritz Vietor serves with German forces
Raleigh July 7 Plans to form county committees under the North Carolina Council of Defense to aid soldiers sailors and marines with private business management while away from home and to assist in finding employment after the war. Each committee includes a banker a lawyer and a businessman to provide legal services from the call to the colors through the war's end.
English reports highlight Ernest Jones the one legged golfer returning after amputation to drive over 200 yards. Americans include Hugh Daly the famed one armed pitcher with a no hit game and 464 strikeouts in 1884, plus college wrestler Robert Garver and Dartmouth tackle Neeley achieving in football.
A mess call on the bugle is the welcome note at Fort Myer Virginia where young Americans train to be officers in a camp. A photograph shows the bugler sounding the call while a megaphone carries it to the farthest point of the camp.
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