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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Mar 12, 1917
Page
3
Cotton prices showed renewed firmness with May and October futures near weekly highs. Liverpool and New Orleans buying supported gains while reports of potential illness in President Wilson briefly influenced sentiment. market closed with modest advances and steady tone.
Market listings show prices for eggs butter poultry and produce including Country Spring chickens and pineapples. Naval stores in Wilmington and Savannah quote spirits tar rosin and crude prices with receipts and stock levels, plus a broad securities table of major companies and railroads.
Spot cotton in New Orleans steady with gains of 25 points. Sales total 2,536 bales for arrival, with grades from good ordinary to strict good middling quoting 16.25 to 18.27. Receipts 6,663. stock 420,569.
The Liverpool market reports spot cotton strong with good middling at 12.29, middling 12.19, and low middling 12.01. Sales reach 6,000 bales with 500 for speculation and export. receipts total 47,000, as futures stay firm across a sequence of near and distant month contracts.
The cotton seed oil market closed steady in New York on March 12. Spot prices ranged from 13.35 to 13.50 with various months listed from March through October. Total sales reached 30,700.
Coffee report from New York on March 12 notes Rio No 7 at 91 2, May at 7.49, and July at 7.46 amid quiet futures activity.
A Ford belonging to traveling salesman A R Corbett was stolen Sunday night near Eleventh and Orange. Police found the car Monday noon at Twentieth and Market after a resident reported it. Tools worth about $20 were missing. the car otherwise remained in good condition.
Mercantile paper quotes 4 to 1 4, Sterling 60 day bills at 471, commercial 60 day bills on banks 471, demand 475 7 16. Francs demand 585, cables 584. Marks demand 68, cables 68 1 8. Krona demand 11 1 8, cables 11 1 4. Guilder 40 1 4, Lives demand 773, cables 774. Rules demand 27 3 4, cables 28. Bar silver 75. Mexican dollars 58. Government bonds steady, real road bonds irregular. Time loans steady 60 and 90 days 2 3 4 to 4, six months 4 to 1 4. Call money steady, high 2 1 2, low 2 1 4, ruling rate 2 1 4, last loan 2 1 2, closing bid 2 1 4, offered at 2 1 2. wf is
Grain futures dipped as rain in Kansas trimmed wheat gains despite bullish Southwest crop reports. May wheat opened around 1.85, July near 1.56, with a sharp downturn later. Corn held firm amid wheat sympathy, while pork futures weakened as hog prices fell. Butter and eggs moved mixed in New York trade.
Kansas City market update for March 12 lists butter creamery firsts 42, seconds 38, packing 27. Eggs first 25. Poultry hens 1912 rdusters 15, turkeys 25.
Butter steady at 33 40, eggs higher with 7 442 cases, firsts 261 4, ordinary firsts 25 12, at mark. Potatoes lower with 60 car receipts. Idaho Colorado Washington Oregon white 2 25 to 2 40, Wisconsin Michigan 2 10 to 2 25. Poultry alive higher with fowls 211 2 and springs 211 2.
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