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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
May 06, 1917
Page
10
Cotton futures eased late after a mixed session with early gains in New York. July and October contracts showed volatility amid cool weather and bearish weekly figures, while spot cotton in New York and New Orleans remained quiet and steady. Cotton seed oil and related commodities posted small shifts as eggs and butter markets held steady amid varied receipts.
The page lists wholesale prices for eggs butter beef and produce with ranges for items like spring chickens guineas pork and oranges. It also shows naval stores data from Wilmington and a Chicago May grain and New York stocks summary highlighting wheat corn oats lard and major blue chip and commodity listings. Many entries include per unit prices and regional notes across commodities and financial markets.
In New Orleans on May 5 the cotton market rose 12 to 13 points in early trading as frost and cold weather raised worry for the new crop. Prices steadied then fell back under light selling with trading months down 13 to 15 points, while cotton futures closed steady with a 16 to 17 point decline.
Savannah daily note records Turpentine firm 443-4 with receipts 179 and shipments 45, stocks 9 599. Rosin firm shows receipts 681 shipments 30 stocks 78 937. Market quotes range from B and D 5.70 5.75 to WW 6.20 with various grades listed up to 6.15 6.20.
New York May 5 Coffée No 7 Rio 101 4 Futures steady trading. May futures at 7.94 and July at 8.13.
New York May 5 The market for Near futures was steadier with gains of 3 to 7 points on covering and modest demand. May 3.34, July 5.49, September 5.55, December 5.18. Raw sugar steady. refined prices 7.50 to 8.50.
Mercantile paper quoted 4 1 2 to 5, sterling sixty day bills at 4.72, commercial sixty day bills 4.71 1 2, demand 4.75 5 8. Cables 476 7 16. France demand 5.71 1 2 cables 5.70 1 2. Guilders 40 3 4, cables 40 7 8. Lives 7.00 cables 6.99. Rubles demand 27 3 4 cables 27 7 8. Bar silver 74 7 8, Mexican dollars 57.34. Government bonds and railroad bonds weak.
Historian's report at the North Carolina Society of Colonial Dames of America meeting highlights the National Special Aid chapter's growth and civic work in Wilmington. It praises Buncombe County efforts that funded an ambulance for the French relief corps, plus contributions from Wilmington and Asheville groups for war relief and archives. The society protests Belgian deportations and backs armed neutrality stance while preserving records and planning future diary publication.
In Paris four days into talks among English and French military leaders the conference likely addresses American aid and coordinated submarine warfare. Lord Northcliffe hints Britain may publish exact submarine losses once Allied communications allow.
The text describes county committees raising funds and engaging in war relief work, including a $25 donation from Forsythe county and plans to inspire public schools in Asheville with Colonial literature. It notes membership remains at 333 capitation for 1917, and highlights the society’s president Mrs. Alfred M. Waddell guiding duties and obligations.
Secretary of Labor Wilson announced plans to mobilize up to 5,000,000 boys ages 16 to enlistment to aid agriculture and industry through the United States Boys' Working Reserve. William Edwin Hall named National director with Washington headquarters and advisory council to coordinate labor distribution nationwide. The program aims to enroll suitable youths and place most on farms, reducing waste and duplications while boosting wartime effort.
In Washington on May 5 thousands of gray clad Confederacy veterans led by Stonewall Jackson's brass band will re-consecrate allegiance to the Union during the United Confederate Veterans reunion the week of June 4. President Wilson will review them from before the White House.
Washington May 5 The general staff now believes expeditionary forces should be sent to France for intensive training behind the lines. The shift is detailed in an Army and Navy Journal editorial, the army's official organ.
A note credits Florence Kidder Moore with authoring a historical report. The declaration appears as a brief attribution in the article. No further context or dates are provided in the readable fragment.
Washington May 5 Secretary of Agriculture Houston calls for thrift in the home as a duty of every woman during the current food and garment shortages. She urges women to feed and clothe armies and supply food overseas through careful meal planning and waste reduction, without leaving home.
Washington May 6 The House Ways and Means committee will report a revenue bill to raise 1.8 billion dollars for World War I expenses. The measure includes increases in second class mail rates for newspapers and magazines and a tax on advertising. A $2.50 per bale cotton levy sparked uproar with Southern lawmakers urging duties on wheat and corn. The panel contemplates a graduated excess profits tax with limited exemptions.
Washington May 5 baseball admission tickets may be taxed under provisions of the revenue bill before Congress but big league executives and fans show little worry about the impact on the national pastime.
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