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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
May 19, 1917
Page
3
New York cotton futures opened steady with July slipping to 20.50 and later months climbing to 20.60 as foreign orders supported demand. Traders noted favorable water conditions and mild news, keeping prices firmer after brief selling at 20.30, with overall activity absorbing offerings.
Market notes list assorted commodities for sale including butter eggs chickens and produce with varying prices. Wilmington and Savannah naval stores reports show Rosin Tar and Crude values with receipts. Stock table highlights a broad range of New York and other major shares with notable declines for Denver Rio Grande amid a court penalty and mixed moves across industrials and utilities.
In New Orleans on May 19 fear of wet weather and lingering spot demand pressure led to a bounce at the open. Early trading saw futures rise about 50 points, then the market closed firmer with gains ranging from 26 to 43 points amid cautious sentiment and reported after hours interest.
New Orleans May 1 spot cotton quotes show unchanged sales at 19.61 for good ordinary to 20.68 for good middling with several grades listed. Offerings were slender and the session had a firm undertone as trading months rose 38 to 45 points, marking the highest prices since December.
May reports say Entente nations may liquidate unions on American grain futures and join a U S pooling plan to ration exports. Trading was light with July wheat at 2 23 and September 2 05, edging higher late as buyers were drawn by export sales and dry weather complaints in Illinois and Indiana. Hog gains lifted pork while a late wheat surge kept prices firm before mixed corn close.
Mercantile paper and various bills quoted with 60 day rates for sterling and commercial paper. Cables listed for multiple currencies including francs guilders lives rubles and copper. Government bonds steady while railroad bonds remain heavy.
New York sugar futures traded actively with firmer prices as shorts covered amid anxiety over Cuba’s political turmoil and a firmer spot market. Closing quotes show May at 5.15, July 5.23, September 5.30, December 5.04 with 18,750 tons sold. Raw sugar steady at 6.14, centrifugal 6.02, refined ranges 7.50 to 8.50.
Funeral services for Preston Cumming Esq died after long illness were held at 11 am from Mrs. Walker Taylor’s residence 714 Market Street and interment was in Oakdale Cemetery. Pallbearers included honorary Dr R H Bellamy and Dr Thomas M Green and active Burke H Bridgers Theodore Empie Platt Davis Milton Calder Edwin Taylor and Walter Storm. A San Francisco delegation begins a 14 day overland trip to the National Advertising Convention starting tomorrow with twenty autos and a prairie schooner truck for baggage.
The Southern Baptist convention will establish a home and foreign mission training school in New Orleans to begin next fall with a five year 20000 dollar local fund and 20000 dollar annual maintenance from the home mission board. New trustees from six Louisiana and three Mississippi ministers will run the school and the foreign board will borrow 6000 dollars to aid in a Fujioka Japan project.
British Admiralty reports fourteen drift ers sunk by Austrian light cruisers in the Adriatic raid and the light cruiser Dartmouth torpedoed but reaching port. A German submarine aided Austrian forces claiming multiple enemy ships damaged and two English destroyers on fire. Our units returned with small losses.
Rome May 19 official statement says Italian forces reached the crests of Hill 652 in the Vodice, a key position in front of Austrian defenses north of Monte Santo, marking a significant advance in the battle for a crucial sector.
National League games listed include Chicago at Pittsburg New York at Cincinnati Boston at St Louis and Brooklyn as clear weather. American League matchups show Boston at Chicago Washington at St Louis Philadelphia at Cleveland and New York at Detroit with varying clear or cloudy conditions.
Atlanta visits Birmingham Memphis travels to Mobile Nashville plays Chattanooga New Orleans goes to Little Rock all games clear weather expected across the Southern League schedule with five road visits and five home teams.
In Brooklyn the Dodgers beat the St Louis 4 to 1. New York defeated Pittsburg 8 to 1. Philadelphia won against Chicago 3 to 1. Cincinnati outscored Boston 4 to 1.
Rain affected play in Cleveland Philadelphia. Detroit 3 New York 7. Boston 2 Chicago and Washington 8 St Louis 2. Scores reflect late inning outcomes and weather-delayed games across multiple cities.
In the minors North Carolina League games were played with Greensboro defeating Raleigh 4 to 0, Durham beating Winston-Salem 6 to 4, and Charlotte topping Asheville 8 to 3.
Scores listed include Birmingham 2 over Atlanta 7 in Birmingham, Chattanooga 6 over Nashville 5, Mobile 6 over Memphis 7, and Little Rock 6 over New Orleans 3 in various venues.
In Buffalo the Orioles lost 12 to 5 against Buffalo. In Rochester Providence won 11 to 4. Montreal Richmond game rained out and Toronto Newark postponed to tomorrow.
In St Paul the American Association game ended St Paul 10 Louisville 8. Kansas City beat Indianapolis 5 to 4 in 10 innings. Minneapolis fell to Columbus 4 to 1. Milwaukee defeated Toledo 8 to 5.
In Jacksonville Macon lost 1 to 0. Charleston beat Columbia 4 to 3 while Columbus edged Augusta 3 to 0.
Hanson defeated Hudson in Sumter, South Carolina, by taking the first fall in 26 minutes and the second fall in one minute. Spectators speculated on how the Swede achieved the quick finale as Hanson carried Hudson to the canvas on the padded mat. Hanson then returned to the city, saying he expected a rematch.
After a week long trial in Federal court the jury ruled for defendant D L Gore in the Brunswick land ejectment suit over 7500 acres of the David Allison tract north of Southport Brunswick county The case seeks to eject Gore while awaiting Circuit Court of Appeals review in Richmond VA and the jury found both title and seven years of continuous working met ejectment requirements. Attorneys included J O Carr C Ed Taylor Robert Ruark EB Bryan W L Spence John D Bellamy and others.
Emanuel morning services at 11 o'clock led by Rev. T P Allen pastor Sunday school at 3 p m and evening service at 8 o'clock cordial invitation extended to all attendees at the church notice of local religious gathering
Waino Ketonen will perform one last time next week in a noted event. The farewell show marks the end of Ketonen's long run with the troupe, drawing fans and colleagues to the final appearance.
Released upon receipt the message urges support for securing a Liberty Statue for Russia and encourages spreading the good work as this nation joins the fold of republics.
Patriot groups raise funds for a $250000 statue gift from America to Russia. Over $10000 contributed in first two days. Adolph Lewinson donates $5000. Herman Bernstein of the Liberty Fund notes Russia’s democratic shift and calls for broad national participation through the New York Herald. Contributions addressed to the Herald or S A Lewisohn.
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