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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
May 07, 1917
Page
3
The New York cotton market opened with declines of 3 to 12 points but recovered, with July near 19.53 and October around 18.79 at midday. Prices closed steady as traders weighed lower river values and hopes for benefits from cool spring weather.
New York market note reports spot cotton trading quiet with prices around 19.80 cents per pound as of May 7. Widdiing appears in OCR but refers to spot movement and market tone rather than a separate entity.
Cold weather spurs buying with a 12 to 13 point gain in early trading while firmer foreign news aids upswings. Markets grow unsettled on reports England may cut Oldham district machinery and proposed U S cotton taxes. noon levels hold 5 to 6 points above Saturday and spot market stays quiet with specific grades listed.
Liverpool spot cotton shows weak demand with the best grades around 12.94 for good middling and 12.8 for middling while low middling sits at 12.62. Futures for May-June and July-August are quoted, with diverse forward prices listed. receipts reported none and sales near 800 for speculation and export. Cotton seed in New York closes firm at 15.88 to 16.18 with total sales of 31,600 barrels.
Coffee No 7 Rio L futures quoted in New York on May 7 with July at 8.16 and September at 3.31.
May 7 Savannah reports turpentine firm sales at 44 1 2 with receipts 171 shipments 236 stock 9534. Rosin firm sales none receipts 455 shipments 2675 stock 76617. Quote levels list B and D 5.65 up to WW 6.20 with various grades noted.
Chicago wheat hit fresh highs on May 7 as offerings shrank and Missouri winter crop conditions worsened. May futures climbed to 2.81 while new York sugar and steel market activity showed mixed gains and overall cautious trading across commodities and equities.
Chicago reports show steady to higher creamery butter and eggs with varied prices for firsts and ordinary firsts and steady potato receipts. New York notes steady butter, firm eggs with high creamery prices, and uncertain live poultry prices across categories.
Special to The Daily Goldsboro May 7 reports State Agriculture official S G Rubinow addressing Wayne County Food Commission, urging higher crop yields and garden planting. Goldsboro notes seven local youths passed Navy exams since May first, with several others attempting enlistment as county shows strong military support.
Giants outfielder Burns extends streak to 320 consecutive games with safety at bat and on base performance. Team relies on durability as season unfolds.
George Burns, Giants left fielder, extended his 30 game consecutive streak without a day off, a feat unmatched in major league history. He led the National League in runs last season and added nine runs in the final seven games of the current season. In his 320th game he collected a single, a double and a triple off Alexander the Great.
Wayne National Bank employees gathered at Wood’s mill near the city for a Saturday afternoon barbecue hosted by Charles Dewey a Board of Directors member. The event was described as splendid with all staff in attendance.
An advertisement extols Pompeian HAIR Massage as a scalp trattment that strengthens roots, opens pores, and reduces dandruff. It claims the clear amber liquid thickens hair and is easy to use with a Turkish towel, offering 25c 50c and $1 bottles.
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