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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Jun 27, 1918
Page
10
New York cotton market opened steady with trade buying for new crop months. July eased from 28.20 to 28.02 while October slipped to 25.21. later rallies lifted October to 29-44 and December to 25.00 as demand from trade persisted. Spot cotton quoted at 31.95 with quiet trading overall.
E E Aydlett elected president of the North Carolina Bar Association at its 1918 convention in Raleigh. Thomas W. Davis re elected secretary treasurer. The session debated a proposed panel to study need for a new western district federal judge and adopted measures to speed cases and honor the supreme court centennial.
Overnight selling pushed cotton prices down 12 to 13 points at the start in New Orleans. Buying emerged as Texas drought persisted, with new crop months briefly stopping above yesterday’s close before settling steady. July 28.42 27.17 28.40 October 24.51 23.97 24.24 December 24.00 23.48 28.77 January 23.76 23.45 23.63 March 23.85 23.44 23.80
Spot cotton steady with sales 528 to arrive 40. Prices quoted low middling 96.25, middling 31.00, good middling 4975. Receipts 2,413, stock 396,615. Cotton closed steady with a decline of 22 points.
Liverpool notes show spot prices steady with good middling at 23.22 and 2,500 American bales among 3,000 total sales. Receipts are nil and futures closed unsettled with new contracts for June to October listed and old fixed prices for June and June-July.
Chicago market notes receipts for hogs 4000 and sheep 17000 with cattle 10000. Hogs steady with most sales 18.35 to 16.90. butchers 16.55 to 16.95. light 16.70 to 17.00. packing 15.75 to 16.50. rough 15.35 to 15.75. Sheep steady to slow with prime Idaho lambs 18.75 and natives 18.60. some feeder wethers 50c lower. Cattle market steady to strong. calves opening steady with yesterday’s best.
New York June 27 The cotton seed oil market closed quiet with spot at 20.75 for July and 20.50 for August. September price was 25 asked with sales totaling 700 units.
Goldsboro on June 27 J W Moore local contractor was seriously wounded last night when his wife shot him several times Joe Davis brother of Mrs Moore near the scene fired on Moore The wounded man wrestled the gun from his wife and shot Davis Davis fled Moore went to a local hospital where his condition was listed as serious
Bryn Mawr College in connection with the Y M C A will open school July 1 for training college women for industrial supervisory work.
Weather forecast for Wilmington and vicinity shows fair weather tonight and Friday with little temperature change. Diminishing winds noted. Cape Fear River stage reported at 2.9 feet yesterday morning in Fayetteville North Carolina.
Excessively high southwest temperatures boosted corn as opening prices climbed 5-8 cents and July and August futures rose to 1.46 1-2 and 1.49 respectively. Oats strengthened on Seaboard buying while pork and lard futures advanced amid firm grain prices. Trade remained light and the close was nervous with modest gains across corn, oats, pork, and ribs.
A market listing shows spirits at 63 cents, rosin priced at 7 dollars 50 cents and 7 dollars, tar at 3 dollars 75 cents and 17 cents, and crude oil quoted at 5 dollars 50 cents, 5 dollars 50 cents, and 4 dollars 50 cents.
Savannah market figures show Turpentine firm 633 4 with sales 192 receipts 89 shipments 38 stocks 24753. Rosin firm sales 943 receipts 191 shipments stocks 85100. Price quotes range from 9.90 to 10.50 with various grades noted.
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