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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
May 02, 1918
Page
7
Fragmentary notation lists names and numbers with unclear context. Readable items include Gavann Shy and a date 7 88, but full event or action is not specified.
Prospects for warmer South weather ease buying and push 12 points higher early. July hits 27.05 then slips to 26.44 as October falls to 25.65. Cables show strength but later deliveries soften. close barely steady with mixed daily highs and lows across contracts.
New York spot cotton markets report activity on May 2 with prices and directions for various grades. Traders monitor market shifts as quotes adjust in response to demand and weather outlooks.
In cool May weather the cotton market opened in New Orleans with prices 34 to 38 points below yesterday. Early trading showed moderate selling pressure and a quick rebound was halted as the day progressed. By mid session the market was barely steady, closing with declines of 73 to 82 points from the previous close.
New Orleans spot cotton steady with no change. On the market were 800 bales sold for future delivery. Prices listed: low middling 26.59, middling 28.50, good middling 29.75. Receipts 1,973. stock 623.
Cotton spot prices in Liverpool on May 2 show gains with good middling 21.51 and middling 21.35, low middling 19.99, good ordinary 19.99. Sales include 2,400 American. Receipts noted. Futures close barely steady with May 21.42, May-June 20.25, old contracts May 20.25.
Grain and provision prices show mixed figures for corn, oats, rye, barley and soy items with No 2 yellow corn at 1.67 and lard at 24.87 as cash values. Several lines are garbled but a snapshot of bid and close levels appears for a trading day in Chicago grains.
Model built for Dr. Miles W. Maloney by Edd Swann of the Connector shows a reinforced concrete ship prototype on display in Wilmington as part of the Optical Company's exhibit.
New York May 2 industrials topped the session as United States Steel jumped to 978-8, Royal Dutch Oil rose 11-2, and Republic Iron and Superior Steel advanced. Liberty bonds eased slightly while several rail and chemical issues showed mixed results.
May 2 market report shows hogs at 35 000 receipts with bulk 17.00 17.85 and heavy 15.80 17.20. pigs 13.25 17.00. Cattle receipts 15 000 weak with native steers 10.00 17.40 and calves 0.90 14.25. Sheep receipts 12.10 steady with ewes and lambs 12.75 20.65.
Dr. Charles E. Low has assumed charge as health officer for New Hanover county arriving from Spartanburg. He met department heads and conferred with Chairman McGirt. Officials expect expanded duties due to shipyard activity and population growth.
Market list shows prices for butter chickens ducks hams and ribs cabbage onions and apples. Notable figures include Peanuts varieties from North Carolina Virginia and Spanish beans with prices given per unit or per bushel. Granges boxes fetch around 96.25 for a box and winesap apples listed at 76 per barrel or box.
naval stores spirits at 40 cents Rosin quoted at 5.00 and 4.70 Tar at 3.00 and 1412 cents Crude priced at 4.00 4.00 and 3.00
In New York on May 2 the cotton seed oil market reported no quotations or sales.
Survivors recount the sinking of the City of Athens, a 3468 ton vessel built in 1911, after a hull breach near the bow. The ship, tied to the Savannah route, sank beneath rising water. sister ships Suwanee and City of Memphis are noted, with Memphis sunk by a submarine in 1916. A New York couple, Mrs. Bonzeiner and Richard Borzeiner, married amid the voyage to Savannah. he perished.
Captain William Pleasants Oldham, 81, of 213 South Second Street, postmaster of Wilmington Lodge 316 A F and A M, died at his home Thursday morning at 4 30 after a brief illness. Funeral services will be held Friday at 11 at First Baptist Church conducted by Dr John Jeter Hurt with Masonic honors. Interment will be in the family plot at Oakdale. He is survived by a wife and two daughters Miss Sallie P Oldham and Miss Mary W Oldham. He was born in Orange County, fought for Lee and Jackson, settled in Wilmington after the war, and was a lifelong Democrat respected by the community.
Miss Jacobi Weyers sues through her father against E. T. Burton L. J. Williams and George Branch. They were ordered to appear before Commissioner H. K. Rogers next Wednesday at 10 a.m. in the clerk's office at the court house to be continued by the plaintiff.
Weather section for Wilmington and vicinity predicts fair nights and little temperature change through Friday with moderate north to northeast winds. The Cape Fear river stage at Fayetteville yesterday was 12.8 feet and is falling. a note on a Liberty Bond installment plan and President’s guidance accompanies the brief.
A thousand delegates and visitors gathered in Jackson to open the thirty third annual Mississippi State Teachers Association convention. The large turnout and program promise a highly profitable gathering as educators tackle wartime influenced educational problems.
Coronel Roosevelt arrived in Boston Massachusetts on May 2 to fill an engagement at Mechanics Building and address the audience on Americanism and Preparedness. As the third Liberty Loan drive ends in two days, his appearance is expected to boost Massachusetts toward securing the drive.
A report from a general conference details talks with the Methodist Episcopal church on federation plans. The Oklahoma City conference endorsed Chattanooga ideas but failed to reach agreement with the Episcopal group. The address notes rising memberships, mission giving, and long term fundraising goals including a $35,000,000 centennial effort.
Leading workers of the Prohibition party from across Ohio gathered in Columbus for a state convention to select candidates and adopt the platform for the fall campaign.
Frosts hit Virginia on May 2 damaging unprotected tender plants. Mountain districts report freezing temperatures causing the worst impact, while Richmond and nearby areas suffered only light damage.
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