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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
May 31, 1917
Page
3
New York and Liverpool markets report firm cotton prices with July around 31.80 and October at 21.40 as buyers absorb offerings. New Orleans spot cotton rises with middling around 21.19 and gains in steel and industrial shares noted in U.S. markets.
Liverpool spot demand firm with good middling at 177 and middling 14.53. low middling 498. Sales reach 7,000 bales including 6 American for speculation and export 700 bales. Receipts 2,100 bales, all American. Futures closed steady with bids across May to February contracts and prices listed for May through February.
New York May 31 cotton seed oil market ends steady with spot bid at 6.30 and a range across months from June to January. June contracts near 16.30 to 16.50 and December around 16.00 to 16.02. Total sales reach 10,600 units.
In Sugar, New York on May 31 the raw sugar market opened firm with centrifugal at 5.96 and molasses at 5.08 while fine granulated ranged 7.50 to 8.00. A liquidation wave and Cuban selling pushed lists lower, closing easy and 2 to 4 points down as 4,200 tons traded. Futures: July 5.15, September 5.26, December 5.06.
Friends announce the death of Mrs Ellen Geary Deans at the home of her daughter Mrs M J Corbett 119 South Street after a brief illness from pneumonia. She was born in Ireland and came to the United States in the 1860s residing in the city on and off since 1861 65 and remained active in local life. Survived by daughter Mrs J M Corbett and son James Irving Deans of Milwaukee plus ten grandchildren and four great grandchildren. Funeral arrangements pending. The Yale University project will include a drill hall measuring 160 by 420 feet with a total cost of 110600.
Butter prices slip modestly while creamery grades edge up as receipts reach 15 398 tubs Eggs show irregular trading with 36 117 ears received Fresh gathered extras move 30 1 2 to 39 and firsts 41 1 2 to 42 Cheese prices remain unsettled with 13 718 boxes on hand including 6 419 in transit for export state fresh specials 23 1 2 to 24
Secretary McAdoo will extend his Liberty loan tour with stops in New Orleans June 8 Birmingham June 9 and Cincinnati Pittsburgh Detroit and St. Louis. He plans a June 10 visit to Chattanooga and will be accompanied by Governor Harding on the trip.
Market list shows wholesale prices for poultry such as spring chickens at 26 to 30 cents each and grown chickens 55 to 60 cents, puddle ducks 50 to 56 cents, sweet potatoes at 90 cents to $1.00 per bushel, Irish potatoes around $7.60 per sack, hams 26 2/3 cents per pound, pork and cabbage prices, Florida oranges about $4.00, bananas 1.40 to 2.00 per bunch, lemons at $4.76, apples per barrel, hides and wool prices, corn per bushel around $1.95.
Turpentine firm reports 41 1/4 price with receipts 344 and shipments 18 leaving stocks at 12 234. Rosin firm shows receipts 1 018 with stock 67 281 and no shipments. Quoted grades range from 5.70 to 6.20 with various letter designations for quality.
Coffee futures in New York on May 31 held firm with Rio at 7s 101-4 for May delivery. July at 8 14, September at 8.25 as traders expect steady demand ahead of summer sales.
An old advertisement notes regular prices for children's hats ranging from five to six dollars with a focus on affordable headwear for kids.
Stage of water in the Cape Fear river at Fayetteville North Carolina at 8 a m yesterday stood at 3.2 feet indicating a moderate rise in the river level for the period.
The National Biscuit Company announced through its local branch that it has bought Liberty Loan war bonds totaling five hundred thousand dollars. This adds to the growing list of corporate support for government war financing during the Liberty Bond drive.
Hundreds visit the Mina Bear Memorial addition at the Catherine Kennedy Home as informal opening day continues. Formal exercises are planned for 8 30 this evening with brief remarks from Rabbi Mendelsohn of the Temple of Israel and Dr Milton, rector of St James Episcopal Church.
In Superior Court W B Cooper & Co sued G A Clute of Clinton over a cotton delivery contract. The jury returned a verdict with no gain for the plaintiff and no loss for the defendant after long deliberation. Earlier, Thompson vs Chase sought to recover a tract of land near the city, heard by Judge W M Bond this morning.
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