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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Mar 27, 1917
Page
3
New York cotton opened steady with gains on strong cables and easing after initial gains. May and October futures fell from earlier highs amid mixed weather, while a range of local market items including chicken, produce, meats, and staples are listed with varying prices.
New York spot crude market shows quiet conditions on March 27 with middling grade priced at 110.0. The brief note indicates steadiness in pricing amid limited trading activity.
In New Orleans on March 27 unsettled trade followed an unfavorable weather map. Early buying faded as offers increased, leaving the market down 2 to 9 points at noon with scattered near yesterday's levels. Cotton closed steady but off by 10 to 22 points. prices for October through January show declines from day prior.
Spot cotton remains steady with good middling at 12.62 pence per pound and middling at 12.62. Trade shows 5 000 bales sold with 600 for speculation and export. receipts reach 1 000. Futures settle mostly steady with various forward months quoted from March through February of next year.
Savannah reports March activity with turpentine totals including 187 ship ments and stock at 8,747 while Kosin shows 432 receipts and 69,854 stock. Prices quoted for B D E at 5.45 and N W G at 5.75 with other grades around 5.55 to 5.65.
New York on March 27 reports raw sugar firm with refined options steady and futures climbing on renewed Wall Street demand and Cuban and wide interests. At noon, prices rose 8 to 12 points. closing firm with gains of 5 to 16 points. Sales reached 50,000 tons with May at 490, July 44, September 507.
Cotton seed prices in New York on March 27 show a market close with several bid ranges across delivery months. Spot price at 13.75 with May 13.95 to 14.10 and other months listed from 12.84 to 13.95, total sales 23,800 barrels.
The New York coffee market reports Rio No. 7 at 58 dollars in futures with May at 765 and July at 780 as of March 27.
New York reports strong butter and egg receipts with creamery and firsts prices in the forties and thirties, cheese steady, dressed poultry firm. Kansas City and Chicago show mixed butter and egg prices with general poultry figures, while St. Louis notes unchanged poultry and butter and eggs at 27 1 2.
Spirits 43. Rosin N. D. Tar three dollars and thirteen and twelve cents. Crude three dollars fifty cents and three fifty and two fifty. Cotton one hundred forty one. Spirits three. Tar ninety four.
New York March 27 stock prices opened with broad recoveries led by rail, equipment, and munition shares. War and supply stocks rose 1 to 2 points, along with sugars, Central Leather, Industrial Alcohol and American Can. Some leaders like Ohio Gas gained, while others lagged. late trading saw mixed results with advances and losses, including significant moves in the leather group.
Chicago wheat futures firmed as crop conditions remained unfavorable and an Argentina export embargo supported demand for May delivery. May and July prices posted gains from opening levels while corn and oats followed the uptrend. Bears were unsettled by the broad grain strength and light selling.
The Red Cross Queen's contest shows Vera Furlong leading with 183 votes, Elizabeth Sweeney close second at 164, and Louise Nelson five votes behind at 159. Several other candidates, including Pickett, Farmer, Meier, Morrison, Powell and Houston, have begun to gain interest as voting proceeds toward a final tally and prize draw for charity.
In Recorder's court Lula Black, a young white woman, was found guilty of running a dis orderly house and ordered to the county farm for six months with public hiring rights reserved to commissioners. She faced related juvenile court proceedings over two missing girls, Daisy and Lillian Smith.
The remains of John H. Potter guard who died at Camp Stewart El Paso Texas arrived today and were taken to his father J L Potter 624 South Fifth street. Funeral services were held at the residence at 10 this morning with Rev W G Hall and Rev J H McCracken officiating and burial at Bellevue cemetery. The city extends sympathy to the bereaved family. The story notes other guardsmen who have returned are being welcomed home.
Mr Charles I Ohrenstein a Boston lecturer on Christian Science will address the Academy of Music tonight at 830. No admission will be charged and all are welcome. He is described as a lecturer of recognized learning and should deliver a very instructive talk.
At Ruth Hall last night the negro citizens of Wilmington held a mass meeting and adopted resolutions denying rumors of sympathy with Germany. They condemned German submarine warfare and expressed unity for the United States, pledging loyalty to the nation and to civil obligations regardless of race.
Announcement by Capt. Edwin A. Metts states the Second North Carolina regiment trains are due to arrive around eight o clock and may parade through the city. Cal. John Van B. Metts commands the regiment and confirms the eight o clock arrival with Coast Line traffic department verification.
The Revisal of 1905 requires that political campaign materials bearing derogatory charges be signed by the author or responsible party. The rule aims to reveal writers and deter anonymous attacks, though it does not restrict publication or penalize truth. It may reduce use of pseudonyms in politics.
A storm warning issued for Washington D C on March 27 calls for a southwest wind at 10 30 am shifting to northwest at sunset from Eastport to Wilmington. A marked disturbance over western Ontario moves northeast with strong south and southwest winds turning northwest Tuesday night. Fresh gales expected along New England and Middle Atlantic coasts. Franklinfield.
Allied forces press the offensive as they advance on enemy positions. The drive backs opposing troops across multiple sectors, with reports confirming gains and continued heavy fighting along the front. Units mobilize artillery and infantry to consolidate the progress.
Reports describe Allied success near Coucy le Chateau and Margival with captures and repulsed assaults in Lorraine as night quiets elsewhere. In Italy, Swiss reports and Italian press forecast a major Austro German spring offensive, while General Cadorna urges national faith and readiness for any clash.
The YMCA day meeting featured a list of Company A, Engineers soldiers seeking employment assigned to Rotarians to aid in securing jobs. Discussion covered free factory site proposals to be voted in the upcoming election, with articles advocating city offers forwarded to the publicity committee for use in the campaign. A message from the National Rotary president was read by Rotarian F. B. Clausen.
Reports on the Hanson Hudson bout at Columbia will be wired to the Orton pool parlors tonight. Local fans can learn progression and final results at Cheek’s, with free reports for patrons.
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