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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Nov 23, 1917
Page
3
Cotton prices opened steady with a slight rise on firm cables and Liverpool buying, then eased as selling from Wall Street pressured futures. Trading cooled with declines of a few points, but closing prices remained near the day’s level. spot cotton in New York quoted middling around 30.05.
Nov 23 Chicago trading opens with uneven activity led by shipping and equipment stocks. Marine preferred up while United States Steel falls modestly. Reading shows underlying firmness as weather weighs on corn and oats reach seasonal highs. Liberty bonds fluctuate and naval stores in Wilmington quote spirits and rosin.
Spot cotton prices moved higher as war news spurred buying in New Orleans on November 23. Prices for the four grades gain 8 to 12 points with upturns in futures, while spot sales to arrive are reported at 575 bales and receipts total 6,060.
Liverpool cotton market notes spot races steady with rates around 22.16 for good middling and 20.63 for ordinary. American receipts total 61,000 bales. Futures close at January 21.95 and May 21.95 with fixed price bids for December January and March around 20.27 to 19.93.
The report shows weekly cotton statistics with totals forwarded to mills. It notes figures for American exports and mill destinations, listing 95 000 units, 110 600 units, and 103 units in various categories, with some entries unclear.
A terse nautical notice lists a Wilmington route event Saturday morning at 7:20 a.m. for port calls at epro and Port Caswell. It notes ship departure from Ship oodaa Ue with J. B. Fox as agent.
Mortgage sale by power of sale under a 1915 deed from Delia I foe to Home Building Association will occur December 13 1917 at the Court House in Wilmington. Property in Wilmington described as part of Block 7 near Sixth and Marstellar streets, with details on deed and boundaries. Attorney noted as Wilson & Son.
The New York cotton seed oil market closed quiet on November 23. Spot and November futures traded around 18.30, December 18.26 to 18.30, January-March 18.30, and May at 19.00 asked. Total sales reached 490 barrels.
Five Dutch fishing boats were sunk in recent days by German forces, three outside the barred zone. The V-69 destroyer, which helped in the attacks, was damaged by British ships last January, repaired at Ymuiden, and returned to Germany.
The all-Russian Congress of peasant delegates moves its headquarters from Petrograd to Mohilev to avoid Maximalist interference and to allow soldiers at the front to join its meetings.
Washington reports a War Department committee led by Surgeon General Gorgas investigates food conditions at army camps with a focus on eliminating waste General Gorgas and officers visited Camp Wheeler in Macon Georgia today for the inquiry
London reports L A Legros former president of the Automobile Engineers Institute says aeroplane workers come from varied trades. He cites domino dotters knife blade nickers organ builders as key in aircraft making with chairmakers excelling in propeller work.
In Danvers Massachusetts wartime economy pushes conservation in religion as Universalist and Unitarian churches unite for joint services due to coal scarcity and high costs. Three Salem Unitarian churches also adopt the plan with ministers rotating conduct of services.
Stage of water measured at Fayetteville North Carolina on yesterday at 8 a m showed 4.6 feet on the Cape Fear River.
Jeremiah A. O Leary president of the American Truth Society and editor of The Bull, a publication barred from the mails, was indicted today on charges of violating the Espionage Act and postal laws in New York.
A wind and rain storm sweeping Lake Michigan damaged bathing houses and resorts along Chicago's shore, with losses estimated at 100000 dollars. Three men are feared dead after a pile driver detached from a tug during towing. The weather bureau notes Chicago felt the hurricane’s waves even if wind was less severe.
An advertisement touts Acid Iron Mineral as a tonic to enrich the blood and drive out uric acid. It claims high strength from concentrated iron, usable in water with meals, and promotes various bottle sizes 6 and 12 ounces priced 80c and 1. The Ferrodine Chemical Corp. brands the product with a full trademark guarantee.
U S Navy reports the destroyer Chauncey sunk off with 21 killed after being cut in two by the transport Rose. The forward section stayed afloat long enough to rescue 700 men from the midsection before the Rose towed them to port.
D L Gore and wife to Judie Jones two lots in Harnett township for 125 dollars. Herbert M Kendall to Flora M Kendall for 100 dollars and other considerations a lot on 16th street near Grace street. Kendall to Flora M Kendall a lot on Fifth street 141 feet from Church. William Struthers Jr and wife to George B Applewhite for 100 dollars a lot on Wooster street. Ellen Kure to L Schwartz for 10 dollars a lot at Carolina Beach.
Associated Press reports American forces in France intensify trench under fire drills. No new casualties. Shelling reprisals and nightly patrols continue with no German contact. Veterans who served in trenches meet with the commander of the first contingent to compare experiences and endorse real under fire training for officers and soldiers.
London reports Admiral Verderev ski has resigned as Russian minister of marine. Reuters dispatch from Petrograd says Captain Ivanoff, formerly commander of the Baltic cruiser squadron, has been named his successor.
A dated medical ad promises relief from rheumatic pain by blood cleansing. It claims long term sufferers can be “completely routed out of the system” through treatment by Swift Specific Co. Dept. Atlanta Ga. The pitch urges writing the medical director for advice on proper treatment.
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