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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jul 27, 1917
Page
3
In New York on July 27 cotton prices fell as bearish factors weighed early trading. October declined to about 23.97 with December at 23.70 amid selling by Liverpool and regional weakness. A government report and favorable weather outlook renewed declines, while the South remained a moderate seller on strong conditions. Spot cotton quoted at 25.20.
New York stocks opened with small fractional moves and an even spread of gains and losses. St Paul contributed to a late recovery while steel and equipment shares remained irregular. Barrow Leaders posted best prices late, but gains were offset by weakness in St Paul and American Telephone. Liberty bonds traded firm near 99.40 to 99.44.
Wilmington market quotes show Spirits 236, Rosin at 4.60 and 4.80, Tar 3.50 and 0.16, Crude 3.50, 3.50 and 2.50.
The New Orleans cotton market opened with a small advance for October but quickly turned easy. By mid-morning active months fell 25 to 31 points from yesterday’s close, with bearish South Texas prospects weighing on sentiment. Cotton closed steady to 71 to 77 points lower, with specific quotes for October December January and March.
New Orleans spot cotton remains steady with 25 points off. July 27 reports 1,095 bales sold for arrival 365 good or ordinary at 23.62, strict good ordinary 24.12, low middling 24.12, and higher grades up to 25.50. Receipts 1,025 and stock 171,483.
Spot cotton in Liverpool gains 15 points with American middling at 19.83 and good middling at 19.45. Sales reach 3,000 bales, receipts 17,000, futures up 15 points with July at 18.05 and August at 17.80. prices fixed.
The cotton seed oil market in New York closed steady with bids and varied month prices. Spot bids stood around 13.60 to 14.00 for July and 13.74 78 for September, with total sales reported at 26,900.
New York July 27 cotton fell 3 per bale with October at 23.75 and December 23.52. The drop, about 1.50 below weekly highs, was blamed on bearish news from cotton belts and hints of improved government crop data next week.
Butter firm on receipts of 10 753. creamery higher than extras with quotes 39 1 2 to 40. Eggs irregular on 12 397 receipts. fresh gathered extras at 38 39. extra firsts at 37 38. market reflects varied settlement prices.
The veteran Falkenberg frequently features in major show moments, passing in and out of the spotlight as a regular presence in the big arena. His repeated appearances underscore a lasting role and familiarity with high profile events.
Savannah naval stores report shows turpentine firm sales receipts shipments and stock levels with 213 receipts 250 shipments and 27 768 stock. Rosin firm sales receipts shipments and stocks listed at 768 receipts 410 shipments and 80 348 stock. Quotes indicate varying price ranges across brands and periods.
Chicago July 27 grain prices gained on improving crop reports in the big states. Opening quotes rose then extended gains as wheat and corn firmed while oats strengthened. An urgent call for provisions pushed the market higher before sagging slightly.
New York sugar prices opened firm with strong demand for raw and refined sugars. By noon futures were 7 to 10 points higher on trade buying, then eased in the afternoon. Close left net gains of two to eight points. Sales totaled 17,400 tons with months September 5.81, December 5.46, January 5.10, March 4.88.
New York coffee futures show slight shifts with July delivery at 7s Rio 9 1 4 and September at 7.79 while December posts 7.87. Irregular activity observed amid market caution and varied demand.
Washington July 27 announces substitutions in state exemption boards. In the Western District E. T. Cansler succeeds R. B. Redwine and A. H. Galloway succeeds W. N. Reynolds.
Yesterday the water stage in the Cape Fear River at Fayetteville reached 19.7 feet.
Sergeant William H Deavey completes 30 years of service in the U S Army. He enlisted in 1887 in New York and served with the Seventh Cavalry in the Pine Ridge uprising, the Third Infantry in the Cuban campaign at San Juan and El Caney, and in the Philippine insurrection. He has spent 17 years stationed at the Minneapolis recruiting office.
Former White Sox star Big Ed Walsh says his pitching arm remains strong and he is ready for a comeback with the Braves.
A mastodon skull excavated in Onslow County in 1910 is mounted for display at the North Carolina State Museum. Curator Brimley modeled the skull from photographs. the animal stood about nine feet at the shoulder, smaller than Jumbo the African elephant.
United Press reports that Les Darcy the Australian boxer, dying in the United States, wished to return home to enlist in the Australian army. The Sydney Argus notes his fall from grace for fleeing conscription and failing to meet top US middleweights, yet laments his inability to show his boxing prowess in America.
Ambassador Francis reports in Washington that Petrograd has lost control of the army to soldiers' committees and is demanding stricter discipline. Arrests of Bolshevik and Red Guard leaders continue while conservative figures return to power. Food riots fears ease with news of harvests, and transport efforts aim to prevent regional shortages as Galician defeats widen the German wedge.
A fragmentary report claims a plot to kill Kaiser Wilhelm was under consideration with sensational details like the Emperor’s jaws allegedly being smashed. The Altona general command releases a formal notice denying any such assassination attempt and states inquiries found the rumor wholly untrue.
London July 27 a novel rifle training tool uses a small cylindrical camera attached beneath the barrel with a telescopic focus. A second trigger fires the camera just before the gun to capture the target and gauge shot accuracy. Ray Chapman is spotlighted as Cleveland’s rising star in a report on his season.
Children attend a Lumina event tonight from 8:30 to 9:15 for a regular dance session following an advertisement.
The Russian embassy on Sixteenth Street near Scott Circle has been converted into a large office for the new republic's business. The library becomes a workshop for the envoy and typewriters replace teacups. A police detail guards the embassy, though staff will not reside there.
An advertisement at Lumina lists a dance event with a price of 36 dollars and 10 cents and a note suggesting music and entertainment for attendees.
Moss lock lear, an Indian resident near Moss Neck, faced a hearing at Lumberton on July 27 for larceny. He was held for higher bail of $200 after allegedly stealing a suitcase containing money and valuable papers from a passenger traveling on a Seaboard train.
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