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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Mar 09, 1918
Page
3
New York March 9 opening shows scattering liquidation in cotton with early selling against old crop months. May contracts rise to 31.60 after the call, October to 30.00, while overall closes show a net loss. Weather and shipping notes follow, with stock market activity dull and mixed, and a local death announced for Currie farmer F C Porter aged 67.
Spot cotton in New York on March 9 remained quiet with middling grade at 32.90 cents per pound. Traders watched market momentum as futures and demand factors influenced values.
New Orleans on March 9 reports a sharp break in cotton futures after a rumor of a move to fix the price at 30 cents a pound. Early trade shows March, May, July and December contracts down about 25 to 32 points from the prior close. Spot cotton remains steady with sales of 1,443 bales and quotes for low middling 30.75, middling 32.50, and gold middling 33.60.
The cotton seed oil market closed quiet in New York with spot at 19.80 and March at 19.80. May 20.05 and July 20.10 reported with no sales.
Chicago market notes on March 9 show hogs strong with bulk 16.90 to 17.50 and pigs 13.70 to 15.25. Cattle receipts 5,000 weak with native steers 8.60 to 14. Calves and stockers 7.70 to 11.25. Sheep receipts 8,000 weak with sheep 10.75 to 13.65 and lambs 14.25 to 15.90.
Chicago trading opens with minor price shifts as crop report hints at limited mercantile corn and firmer oats. A North Carolina divorce action is announced in New Hanover County Superior Court. Toledo firm Cheney & Co offers Hall's Catarrh Medicine with testimonials and a money back claim.
The New York Clearing House report of March 9 shows banks and trust companies hold $55,163,290 in excess reserves, up $42,652,440 from last week. Spirits at 39 cents, tar at 3 dollars 13 cents, rosin at 5 dollars 30 cents and 5 dollars 10 cents.
The Cleveland club will trial Gus Getz again after purchasing the former Brooklyn infielder from Newark. The move follows Getz’s earlier appearances with Newark and reflects Cleveland’s plans to bolster its infield depth.
Notice of Democratic Executive Committee call for a county officers and state senate nomination primary to be held March 1 1918. Registration opens February 14 and closes February 28 or March 9 depending on rule. registrars and polling places listed by ward. Chairman Co W Woodward signs off.
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