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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Mar 25, 1917
Page
8
March trading shows May and October contracts advancing on overnight buying and broker support. Prices firm early but retreat after gains while the market remains steady with hedging activity seen and weather factors cited for pressure and relief.
New York spot cotton closes with early delivery values as Middling at 19.30 cents per pound on March 24. Market notes reflect steady tone and gains across benchmark grades.
Continued eastern belt activity boosted cotton prices in New Orleans today with active months up 27 points early and gains later of about 9 to 12 points. Market remained steady into late morning as traders realized profits on long contracts and saw bullish sentiment from German submarine threat rumors.
New Orleans market note shows spot cotton with bids and middling grades. Values range from 18.25 for low middling to 19.37 for rut road middling, with various line items for strict low widening and good middling.
The cotton seed oil market closed strong with March July at 1808 and April at 12.83 to 13.90, WSS to 15.89, June 13.84 to MAT, Turn 18.87 to 13.88, August 1.8% listy, September 13.81 to October 13.28 to 13.3. Total sales reach 12,100 barrels.
The Wilmington public is invited to join Buy In Wilmington Dress Up Week from March 31 to April 7. Merchants and residents will dress up to attract visitors, boost spring shopping, and showcase local stores, urging shoppers to buy locally for best value and service.
New York report lists Sterling sixty day bills at 4.71 and 4.70 to 4.71 for commercial day bills, demand 475.55, cables 476 7-16. Francs demand 584 5-8, cables 5.85 5-8. Marks demand 69 1-8, cables 69 1-4.
The State War and Navy Departments urged voluntary bounds on U S press coverage. Rules prohibit publishing military policies, troop movements, ship movements, port arrivals, officer assignments, shipment details, weapon designs, or maps and displays with military value. Doubtful items should be referred to department officials for fast decision.
Local Baptists plan a two day Wilmington Association gathering at Moore's Creek Baptist Church on April 28 29 with ministers and lay speakers. The program includes devotional sermons Sunday school sessions youth demonstrations and discussions on church work and lay involvement.
Grain men packers and provision dealers warned in Chicago that the war will lift prices for all staple foods. They said costs would rise even with strong crops this season and in autumn, and forecast unprecedented prices if crops fail.
A speaker denounces mail order catalogues as failures for Wilmington and local schooling. The call urges residents to support home merchants and consider loyalty over distant shopping, listing ten thousand reasons why catalogs harm the community.
The Reciprocity Meeting in Wallace North Carolina on March 24 featured a well received program with two exceptions. Miss Charlie Westbrook presided and Mrs J W Carroll welcomed guests praising Wallace for hosting the event. The day included morning and afternoon sessions with addresses on conservation and club work and ended with a round table discussion.
Jurors for a two week session of the United States District Court under Judge R. G. Connor are listed by county for the May 8 start and May 14 second week. Names include Brunswick, Columbus, Duplin, New Hanover, Pender, Bladen, and Sampson counties with jurors such as J. F. Phelps, W. H. Harrison, O. D. Brown, W. Harriss Yopp, A. A. McKethan, Joe Dumham, J. Allen Taylor, and J. A. Turlington among others.
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