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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jun 22, 1917
Page
3
Chicago markets show strength on expectations of higher vessel tonnage for Europe, with July wheat around 2.10 to 2.13 and September at 1.78, while corn and oats rise on unsettled weather. Rail stocks, steels and utilities lead the broader session as markets react to industry and energy shifts, with numerous price quotes across major equities and commodities.
The cotton market opened quiet with irregular fluctuations. October and December futures moved within a point of prior close before rallying. market steadied on covering as Liverpool notes awaited developments in London. Official action urged restraint on large orders amid contract shortages and price volatility. Spot cotton quoted steady at 26.55.
The near months opened down 4 to 5 points amid liquidation in New Orleans on June 22 but quickly steadied as talk of a July squeeze supported prices. After half an hour trading, active months rose 10 to 15 points above yesterday's close.
New Orleans spot cotton advanced by 32 points with on spot sales at 34 for arrival 400 bales. Good ordinary 23.50, strict good or better 24.00, middling 24.88, strict middling 25.07, good middling 25.25. Receipts 1,696. stock 196,666. Futures shown: July 24.42 25.33, October 24.38 25.46, December 24.62 25.65, January 24.84 25.83, March 25.00 25.97.
Liverpool cotton market hears moderate demand with American lots leading sales. Spot values show American mid and good middling around 19 to 20 cents, with various grades cited. receipts and sales prominent include 6,000 receipts and 5,000 sales, of which 5,600 are American.
New York sugar markets show raws firm at 5.96 and refined steady as the sugar war firms midmorning. Futures advance 1 to 5 points. midday closes steady to 6 points higher. Sales reach 30,750 tons with July at 5.02, September 5.21, December 5.12, January 4.88.
Washington reports from the Census Bureau show August 1 to May 31 totals for cotton seed and products. Mills received 4,461.42 tons. crushed 4,369,760 pounds. on hand 105,971 pounds. Crude oil produced 1,351,628,558 pounds. refined oil 1,182,138,505 pounds. linters 1,278,768 bales. On hand crude oil 68,044 pounds. refined oil 324,455,118 pounds. linters 142,660. Imports oil 8,990,279 pounds. Exports oil 139,732,356 pounds. land and meal 497,873 tons. linters (incomplete).
Turpentine firm 3834 sales 0 receipts 911 shipments 0 stock 0. Rosin receipts 2536 shipments 0 stocks 0. Quotation bar shows bold and refined grades for turpentine and rosin with prices ranging from 5.40 to 6.90 for various grades and classifications.
Coffee markets in New York on June 22 show No. 7 Rio 9 7 8 with September futures at 7.76 and December at 7.84. Futures holdings remain steady as traders watch supply and demand indicators.
Spot bids steady with June at 16.45 and July 16.51 to 16.55. Calendar spreads show August 16.46 to 16.47 and later months slipping to 16.00s. Total sales reach 28,000 units.
Yesterday at Fayetteville the Cape Fear river stood at 5.3 feet at 8 am. A bill authorizing 9 training camps would be extended to 26 camps, each costing about $1,000,000.
The government sets a maximum retail price of 40 cents per unit for butter for the next three months. This policy aims to curb price spikes and improve affordability for households.
A thorough inquiry into police actions surrounding the Cruger murder case and the failure to recover the victim's body at a motorcycle shop. Leonard M. Wallistein, city commissioner of accounts, issued the orders at Mayor Mitchel's request. Witnesses include Marie Cocchi and several police officials from the fourth branch.
Miss Grace Lusk a high school teacher in Waukesha shot and killed Mrs. Rob erts wife of Dr. David Roberts then turned a gun on herself. Doctors say she may recover. The motive cited involves a dispute over Dr. Roberts. The case prompts education board tensions and police investigations.
Reports from Red White and Blue divisions of the War Relief Fund campaign reveal a total of 29121 raised toward a 40000 goal. Red division led by C C Chadbourn reports 4400 today, White by H Lacy Hunt 1457, Blue by C P Bolles 1282 with totals 11512, advance flags awarded to Reid Division and W M Cumming team.
Wilmington Shoe Co announces a closing out sale starting Saturday with reductions on all merchandise. The advertisement lists discounts across men's and women's shoes and accessories, urging customers to visit the store during the stated event.
Representatives of the American Newspaper Publishers Association urged the Senate Finance committee to reconsider adding second class mail at one and a quarter cents per pound and a 5 percent tax on net profits over four thousand dollars a year. The protest followed committee approval of the publishers tax amendment. A Greek dispatch notes former Premier Gounaris and 30 others expelled from Greece, including Dragoumis.
timetable notes for Center and Beach lines listing departure times from 6:05 to 12:10 AM with half hour intervals for weekdays and special daily 6:10 express pattern. Local trains stop at all stations on request and the 6:10 express runs daily except Saturdays and Sundays with listed intermediate stops.
The notice lists daily train and freight depot hours for Wilmington and Lumina at specified morning and afternoon times. It notes freight depot hours 8:00 to 1:05 and 2:00 to 7:00 with Sunday closure, and local trains stopping at all stations through late evening with half-hour increments.
The Wilmington Beach freight schedule shows express trains operating between Wilmington and Lumina during Sundays and peak travel times. Trains stop only at 5th 7th and 9th streets in Wilmington and at all Beach stations.
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