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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jun 07, 1918
Page
3
Fragmentary notes show dispersive price figures and place names like imington and harleston. The unreadable text hints at spot market snapshots and minor shifts in values, with scattered decimals and odd symbols.
Cotton prices rose at the open on expectations of wet weather and grass outbreaks, with July at 26.39 and October at 23.80. Demand eased as nervous short interest declined, but the market closed steady despite mixed buying and selling.
New York spot cotton stands quiet with middling grade at 29.75 cents per pound. No further market action reported.
New Orleans June 7 rains in the eastern belt and buying pressure pushed cotton futures high. In early trading July rose sharply, with 77 and 46 points gains, marking the widest move in the market.
Spot cotton in New Orleans on June 7 held steady with 2 points up. Sales reached 924 bales, 19 arrived home, with low middling at 8.75 cents, middling 9.25, good middling 9.143 cents. Receipts totaled 3,761 and stock stood at 361,409 bales.
Liverpool June 7 spot cotton quiet with higher prices for good middling at 82. Middling 21.99, low middling 148, good ordinary 20.46. Sales 3,000 bales including 2,000 American. Receipts 2,000, all American. Futures closed unsettled with new contracts June 22.04 July 21.49 August 52 September 19.49 October 18.08. Old contracts fixed prices June 74 June July 20.66.
Improved weather in Chicago eased the corn market yet deliveries remained light. Opening quotes fell 1-8 to 5-8 cents, later closing 11-2 to 2 cents higher with July around 1.37 and August near 1.38, while cash grades showed No 2 yellow corn at 1.65 to 1.68 and oats at 0.74 to 0.76 per bushel.
The cotton seed oil market in New York closed quiet with no spot sales. For June, July and August 2010 contracts there were no transactions.
Generally fair tonight with Friday showers and little temperature change. Moderate southerly winds. Cape Fear River stage at Fayetteville was 5.3 feet at 8 am yesterday. Sunrise 6:00 and sunset 8:21. June 7, 1918.
Trading opened with widespread losses in equipment and war stocks, notable declines in rail and locomotive shares, and heavy hits to tobacco and alcohol sectors. Later in the session moderate gains appeared as Liberty bonds held steady and several major issues showed mixed price movements.
Allied forces pushed on the Marne and Locre sectors with heavy action behind German lines. May results show 518 enemy machines destroyed, 55,000 prisoners taken since May 27, plus 656 guns and over 2,000 machine guns captured. Submarine activity continues off the Atlantic coast with the Harpathian sunk near the Virginia capes. crew rescued after 26 hours.
Durham reports Lieutenant Robert B. Anderson, former Trinity College shortstop and 1913 captain, listed as killed in action in France. A Wilson, North Carolina native and brother also played for Trinity before moving to the university.
The National Security League awarded one thousand dollars for the best method of presenting America’s war aims to the public. The prize was divided among four winners: Dr Henry Louis Smith of Washington and Lee University, John C. Ralston of Washington, James H. Monahan of Brookline, and F J Neubauer of Bronxville. About two thousand entrants, including many Germans, competed with some submissions in German.
General Semenoff heading anti Bolshevik forces in Siberia reports Bolshevik troops crossed the Onon river in trans Baikaria and pressed attacks which were checked An Austro German force including a cavalry brigade and four infantry companies threatens Semenoff's communications June 2 Manchuria.
A local business reports holding its initial meeting to organize management and outline early operations. Directors and officers discussed corporate structure and planned activities for the coming quarter.
Marines broke through lines at Belleau Wood after a day of heavy fighting. French and American batteries supported an overrun of German positions as attack morale remained high. The action followed earlier daytime gains and showcased major losses by German divisions, with continued pressure into the afternoon.
A beam failure at Jones Motor Co on Dock Street caused a funnel shaped floor cave in above two Ford touring cars. Three garage workers narrowly escaped injury as falling timber and debris damaged tops and parts but sleepers and wall ends kept them unharmed. Deputy Marshal A L Kelly accessed the scene swiftly.
Liverpool weekly cotton report shows 50 000 bales forwarded to mills with 34 000 American origins. Total stock 286 000 with 126 000 American. Imports 22 000 including 14 000 American. Exports zero.
Spirits at 47 cents. Rosin N. D. Tar 33.50 and 15 12 cents. Crude prices listed as 4.75, 4.75, and 38.75 in the latest market notes for naval stores commodities.
Chicago livestock receipts total 20 000 with hogs up 20 to 30 cents from yesterday. Hogs ranged 16.50 to 17.35 with most sales 16.80 to 17.25. Cattle and calves steady to strong with beef cattle and heavy butchers firm. Sheep and lambs mostly steady with lambs at 16.00 to 20.50 for spring and native lambs at 14.75.
Turpentine firm posts 46 1/2 to 46 3/4 bid with 158 sales and 403 receipts. Rosin firm reports 901 sales and 903 receipts with shipments totaling 1,508. Prices quoted for various qualities range from 7.65 to 9.00, with several grades noted.
Shanghai June 7 General Semenoff, head of the anti Bolshevik Siberian forces, has withdrawn from the Trans Baikal front. Dispatches say internal dissensions forced his march and that he plans to disband the army and flee into Mongolia.
Former Chattanooga city treasurer J Mitt Payne who resigned last Tuesday amid alleged irregularities in his accounts is missing. He has not been seen since the resignation day, causing concern among friends.
Submarines attacked a vessel forcing its Harpathian crew into lifeboats. The Uboat submerged and the survivors were picked up yesterday morning at 11 o'clock when a white shirt signaled the steamship Potomac to come to their aid.
Lexington notes J. Graham Hege found guilty of manslaughter for the death of J. F. Deaderick. Judge W. J. Adams sentences Hege to not less than one year nor more than four. Jury deliberated three and a half hours. Hege appeals to the supreme court and is released on a 2500 dollar bond.
Semi annual session of SEPA GROTTO 79 M O V P E R opens with a 7 30 PM business meeting. A ceremonial march with Neophytes crosses the river Styx to the Enchanted Realm. Prophets wear Fez and show 1918 card per Monarch order.
The notice outlines daily and Sunday train departures from Wilmington to Lumina Beach with stops at Fifth Ninth Seventeenth Market streets and Beach area. Freight depot hours and express service during heavy travel are noted, with connections to Oceanic Hotel and Lumina.
Legal notice identifies Elizabeth Ann Mumford as executrix of the Henry Mumford will with attorney William L. Smith. The text includes filing notations 6 1T 6 T 14 21 6t. No further details are provided.
A vintage sales blurb touts Calotabs as a modern, tasteless, tablet form of calomel. It promises a gentle liver cleanse with one bedtime tablet and a next morning feeling fine. Sold in sealed packages for thirty five cents with druggist guarantee.
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