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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jun 26, 1918
Page
10
The market showed moderate early action with demand from shorts and profit taking after heavy prior covering. July and October futures opened higher but largely closed lower amid rains in the eastern belt and favorable weather in the southwest. cotton closed easy.
Spot cotton in New York on June 26 remained quiet with middling grade priced at 32.00 per potton according to market reports.
Spot cotton in New Orleans remains steady with sales totaling 1,223 bales. Prices show low middling at 28.25 cents, middling 31.00 cents, and good middling 32.75 cents. Receipts reach 2,637 with stock at 394,050 bales.
Liverpool spot cotton was quiet with firm prices. Good middling 93.02 pence, middling 22.39, low middling 21.86, good ordinary 20.86. Sales 2 000 bales including 1 500 American. receipts 7 000. Futures closed steady with new contracts June 22.98, July 22.41, August 21.40, September 20.41, October 19.79. old contracts June 21.14, July 21.06.
New York on June 26 notes a quiet market with spot activity and July and August prices at 20 50. Sales reached 1,000 units in a calm session.
Hog receipts totaled 13 000 with prices 15 to 25 cents higher. bulk at 16.50 to 16.85, butchers 16.60 to 16.95, packing 16.00 to 16.45. Pigs sold 16.25 to 16.75. Cattle receipts 6000 with slow opening, beef steers steady to firm, stock 16 to 25 cents higher. Calves steady. Sheep receipts 10 000 with spring lambs 10 to 15 cents higher, 18.60 for choice native lambs.
Savannnah market report lists turpentine sales 63 631-2, receipts 521, shipments 3, stocks 24 706. Rosin sales 789, receipts 1 879, shipments 2, stocks 84 909. Prices shown for grades B through WW range from 9.75 to 10.40 per unit.
The Navy Department and Senator Beckham report that in the first 28 days of May Allied and neutral shipping lost to German U boats amounted to 233639 gross tons. The figure was announced in the Senate today.
Weather forecast for Wilmington and vicinity calls for unsettled conditions with likely showers tonight and Thursday and little change in temperature. Light northwest to west winds. Cape Fear river stage at Fayetteville measured 3.8 feet at 8 a m yesterday.
Chicago settles corn up with July near 1.44 to 1.46 while oats rise on light offerings. Provisions show strength with ribs and pork lifting. cash markets note mixed values for corn oats rye and lard along with firm close readings.
Isaiah Ballard a colored man was sentenced to ten months at labor on county roads after two months were chopped from the prior sentence for assault with a deadly weapon. The case arose from a knifing of Ticket Agent Brock of Tidewater Power near McCumbers station during a beach car incident.
Sweet potato plants Norfolk ton yams and Porto Rico plants offered at C H Bormemann Store located at Seventh and Orange Streets with ready for planting.
Advance delegations arrive for the Baptists Seaside assembly at Harbor Island Auditorium with 15 from New Bern, Rev W Marshall Craig and Rev W Raleigh White among expected attendees. Musical plans include a large chorus, 1000 song books ordered, and performances by the orphanage quartet and a male quartet.
Thomas Walton of Roanoke Rapids was freed by the jury after a prior conviction for violating the city labor agent ordinance. The state plans to carry the case to the supreme court. The docket also records a continued slander case against J. B. Huntington and a pending second degree burglary trial for Robert Murphy.
Fayetteville New York during June 1926 sent 114 drafted men to Camp Jackson in the largest local departure since the selective service began. The group departed at 4:35 PM with a Berlin or bust spirit after a Lafayette theatre send off featuring George M. Rose of the Confederate veterans and a lively musical program.
Local trains stopping at all stations for request may be expected to depart from the Center and Lumina at 6:40 AM 7:00 AM 8:30 AM 7:45 AM and every half hour thereafter until 11:00 PM then 12:10 AM 11:45 PM.
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