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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jun 06, 1918
Page
7
Spot cotton in New York on June 6 shows renewed firmness as July contracts lead with advances of 10 to 14 points. Demand from export prospects and Italian buyers supports gains. prices rise to July 26.50 and October 23.98 while overall trading remains light and steady.
The New Orleans cotton market rose about 24 points in early trading as July contracts showed stronger strength than the new crop months. Old crop purchases balanced against new crop sales, closing steady with a net gain across the board.
Spot cotton in New Orleans June 6 shows 15 points higher. Sales on spot 39 to arrive 1,124 bales, low middling 27.98, middling 30.13, good middling 31.38. Receipts 473, stock 369.
Liverpool June 6 cotton market reports irregular spot prices with good middling at 21.54 and low middling at 21. ' Fu- 7: closed steady. Sales total 2,000 bales including 1,600 American. US 4,000 bales with no American. New contracts list July 21.50 and October 19.32 among others.
Prices for corn and oats moved with minor advances and declines as profits stayed uncertain. Provisions gained while grain demand remained weak, and a firm close followed a volatile session. Weather notes for Wilmington and Fayetteville forecast fair to showery conditions with moderate southerly winds.
New York June 6 prices moved modestly higher at the open then turned uneven. Gains in equipment tobaccos fertilizers and industrials contrasted with losses in marines and some rails while Liberty bonds held steady and many leaders remained firm with bid quotes.
Chicago markets report hogs receipts at 25 000 with mixed declines and gains across heavy and light classes. Cattle receipts 10 000 with limited trading due to strikes. top 1300 lb steer sold around 17.65. Sheep and lambs show strong demand with top lambs near 17.75 and 20.50 for spring lambs.
New York June 6 report shows a quiet cotton seed oil market for June July and August 2000 with no sales recorded.
Turpentine firm quotes 46c with 191 sales and 350 shipments while receipts are 123 and stocks 22,931. Rosin firm records 1,279 sales, 346 receipts, 1,032 shipments and stocks 92,267. Price list shows several grades from 7.50 to 8.80 with letter codes B to WW.
A Washington delegation from the national association of railway and utilities commissioners urged Director General McAdoo to postpone or revise the new freight and passenger rates to avoid economic disruption. They asked him to make state commissions agents for rate readjustments or require railroads to submit to state commission authority before wartime government controls start.
The June 6 army casualty list includes 34 names with officers Lt A P H Sage of Memphis Tennessee and Lts Willard D Hill of Cleburne Texas and Bernard C Welcott of Binghamton New York among the wounded. From Georgia Private Walter Green of Homerville and Private Jewell Reid of LaGrange are listed as dying of disease and accident respectively.
American officers and privates in France displayed grit near Chateauberry and Jaulgonne. Notables include Captain John R. Mendenhall who fought sleep deprivation at the head of his company, Corporal Jule Mangold spotting snipers, and Lieutenants Walter R. Flannery and John T. Bissel cited for the French war cross. Captain George Wakerine supported the Americans as they held the line amid heavy fire.
Washington reports the organization of five regiments and 19 battalions of railway engineers for service in France, led by Samuel M. Felton. They will add about 50,000 men to railroad construction and operation efforts, with nine regiments already overseas. The War Department also announced $160,000,000已 spent on railway materials for France.
Cigar makers in Mobile Alabama district receive a wage increase of one dollar per thousand after a single industry call. The action followed a compact with local manufacturers in the period around June 6.
Paris June 6 an official note describes American troops at Veuilly Jaulogne and Chateau Thierry noting few units involved yet machine gunners and infantry have won French admiration. The letter says they were gallant, enthusiastic, and capable of great achievement and they inspire high hopes.
President Wilson nominates Colonel Theodore C. Lyster of the medical corps national army for brigadier general. Announcement from Washington dated June 6.
An advertisement promotes a liquid digestive laxative named Stomach and ZL Just try one He bottle of ees TOS WITH PEPSIN. It markets as pleasant to take and easy to consume.
The notice lists weekday and Sunday train times between Center and Beach with half hour intervals, express and freight depot hours, and extended service during peak travel periods. It notes trains stopping on request at all stations and special stops on the 6 10 express and between Wilmington Lumina Beach offerings.
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